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The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

GMR Infra’s Kakinada SEZ Signs MoU With JGC Corporation, Japan

JGC and GMR will jointly undertake a detailed study for developing and operating the export oriented food processing park catering to various food and agro processing sectors like sea food, fruits & vegetables, pulses & grains, dairy and spices & nuts. The park is planned to be spread over an area of 300 acres having both value added and ready to eat products.


Kakinada SEZ Pvt. Ltd. (KSEZ), a subsidiary of GMR Infrastructure Ltd. (GMR), signed a Memorandum of Understanding (MoU) with Japanese Major – JGC Corporation (JGC) for co-developingJapanese Oriented Food Processing Park (Park) at its Kakinada Special Economic Zone. 
JGC and GMR will jointly undertake a detailed study for developing and operating the export oriented food processing park catering to various food and agro processing sectors like sea food, fruits & vegetables, pulses & grains, dairy and spices & nuts. The park is planned to be spread over an area of 300 acres having both value added and ready to eat products.
The significant traction built by the governments of India and Japan and the recent discussions between the Hon’ble CM of Andhra Pradesh and the Ministry of Economy Trade & Industry (METI), Govt. of Japan have persuaded Japanese industry to  increase investments in India.
Various Japanese organizations such as JBIC, JETRO, METI, Ministry of Land Infrastructure & Transport (MLIT) & Ministry of Agriculture Forestry & Fisheries (MAFF), Govt. of Japan as well as other Japanese financial institutions have expressed their support for this park.
GMR Group has 10,500 acres of industrial region at Kakinada which is strategically situated on the Eastern Coast rich in oil and natural gas deposits., This has an excellent logistical linkages to National Highways, Railway networks, Air and Sea Ports.

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