OUR STRATEGY
Our growth roadmap
We take into account both internal and external considerations while identifying our material issues and formulating our corporate strategy.
Our strategic focus areas form the basis of our future growth plans and we have identified specific action areas and KPIs under them, supported by a broader risk management framework.
STRATEGIC FOCUS AREAS FRAMEWORK
Internal drivers
- Organisational vision, mission and values
- Business model
External drivers
- Market environment and megatrends
- Stakeholder interests and needs
Our strategic focus areas, capitals deployed and enhanced
S1
Strategic growth
Expanding our installed capacity through organic and inorganic routes to capitalise on opportunities and align with India’s growth story
CAPITALS DEPLOYED
Financial
Manufactured
Natural
CAPITALS ENHANCED
Manufactured
S2
Diversification of product profile and customer base
Innovating and offering value-added and differentiated products with a strong branded portfolio
CAPITALS DEPLOYED
Manufactured
Intellectual
CAPITALS ENHANCED
Social and relationship
Financial
S3
Backward integration and
raw material security
Securing raw material supply through captive mines, long-term contracts, and an efficient supply chain
CAPITALS DEPLOYED
Natural
Financial
CAPITALS ENHANCED
Financial
Manufactured
S4
Focus on resource
optimisation
Achieving cost efficiency and maximising resource utilisation through varied interventions across operations
CAPITALS DEPLOYED
Intellectual
Manufactured
CAPITALS ENHANCED
Financial
Natural
S5
Prudent financial
management
Maintaining an optimal capital mix and diversifying our debt profile, while powering our growth ambitions
CAPITALS DEPLOYED
Social and relationship
CAPITALS ENHANCED
Financial
S6
Mainstreaming sustainability in business imperatives
Embedding economic, environmental, human and social sustainability into everything we do to create value for our stakeholders
CAPITALS DEPLOYED
Financial
Manufactured
Intellectual
CAPITALS ENHANCED
Human
Social and relationship
Natural