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Group generated $1-bn revenue from innovations: Tatas

New business from innovations is set to accelerate with microbiome-based biomarkers, invented by TCS

Tata Group, Tata innovista, innovista,
(From left) Prakash Singh, Chief Capability & Development, Tata Steel, Gopichand Katragadda, Group CTO, Tata Sons, S K Suman, Chief, ( Design and Engineering — Product) TSK & TGS, Manisha Wadhwa, Group Head, SCG, Tata Power Delhi Distribution (Photo: Suryakant Niwate)

The Tata group garnered $1 billion in annual revenue from 30 innovations that were showcased at Tata Innovista — an annual programme of the group to encourage, recognise and showcase innovations  — in the past three years. The new business from innovations is set to accelerate with microbiome-based biomarkers, invented by Tata Consultancy Services (TCS) to diagnose preterm birth and colorectal cancer. “It is a tip of the iceberg,” said Gopichand Katragadda, group chief technology officer. Microbiome is the collection of microorganisms in a ...