The flagship annual conference of GDC Tech Forum, MMTS 2019 concluded on 30th November 2019 with a positive note by bringing technology and innovations to overcome the ongoing economic slowdown in the country. Talking about the major factors led to the current slowdown, Ashok Taneja, Chairman & Managing Director of Shriram Pistons & Rings spoke about the importance of focussing on the business rather than divulging into the media and other external issues influencing the businesses.
GDC Tech's annual conference this year was accompanied by Multi-Material Technology Show – GDC Tech 2019, LWT 2019 and M&T 2019, 3 exhibitions showcasing latest innovations across the globe along with the technical conferences from 28th to 30 November 2019 at Chennai Trade Centre. The conference started with a welcome address by Dr. Aniruddha Karve, Chairman, GDC Tech Forum, and was inaugurated at the hands of L Ganesh, Chairman, Rane Group. In his inaugural address, L Ganesh narrated the story of his company’s growth in the existing market needs in the last 80 years.
L Ganesh of Rane Group spoke about how innovation is becoming the true differentiator between winners and others. He went on to define innovation simply as a "new idea, device or method". However, he said that innovation is often also viewed as the application of better solutions that meet new requirements or unarticulated needs.