Osho Industries Limited

Beyond Profit, Beyond Plastic: A Leader's Impact

OSHO industries

Authors

Raghav Khurana

Raghav Khurana

P Vishwas Kamath

P Vishwas Kamath

Himanshu Chachad

Himanshu Chachad

Kumar Nilesh Mahato

Kumar Nilesh Mahato

Iresh Mittal

Iresh Mittal

Aryan Lakhera

Aryan Lakhera

School

Goa Institute of Management

Goa Institute of Management

Professor

Divya Singhal

Divya Singhal

Global Goals

4. Quality Education 9. Industry, Innovation and Infrastructure 12. Responsible Consumption and Production 13. Climate Action 17. Partnerships for the Goals

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Summary

Osho Industries, a leading manufacturer of polythene packaging solutions, aims to address the sustainability concerns associated with traditional polythene.

Their core innovation lies in:

1. Focus on biodegradable and recyclable polythene: They manufacture polythene nearly the size of 100 microns, which complies with government regulations and can be recycled.

2. Service-based approach: They prioritize timely deliveries and customer satisfaction, understanding their role in supporting other industries.

UN SDGs that it addresses

1. SDG 12 - Responsible Consumption and Production: Osho Industries' focus on biodegradable polythene and sustainable practices like rainwater harvesting aligns with this goal.

2.SDG 13 - Climate Action: By reducing carbon emissions and adopting green practices.

3. SDG 9 - Industry, Innovation and Infrastructure: Their investments in technology and focus on service contribute to sustainable industrial practices and infrastructure development.

4. SDG 17- Partnerships for the Goals: Their collaboration with various stakeholders, including educational institutions, exemplifies their commitment to partnerships for sustainability.

5. SDG 4- Quality Education: Osho Industries' involvement in community education initiatives and promoting sustainability awareness among students aligns with this goal.

Innovation

In India's bustling polythene industry, Osho Industries stands apart, navigating the landscape with a dual focus: innovative solutions and community engagement. This family-run business champions sustainability, offering customers not just government-mandated thicker polythene, but also biodegradable alternatives. This commitment to responsible waste management aligns with SDG 12, promoting sustainable production and consumption practices.

Osho's dedication extends beyond products. Their service excellence prioritizes resource efficiency and minimizes waste. Timely deliveries, unwavering customer satisfaction, and long-term partnerships foster trust and create a value chain driven by environmental responsibility. This echoes SDG 13, urging businesses to combat climate change through sustainable practices.

Furthermore, Osho's impact extends beyond the factory walls. Educational initiatives and counseling sessions empower individuals and contribute to the local community's well-being. This commitment to social responsibility aligns with SDG 15, highlighting the importance of protecting our environment and promoting the well-being of all life forms.

While challenges exist, such as limited adoption of biodegradable options and the need for stronger government support, Osho's unwavering focus on innovation, environmental responsibility, and community engagement positions them as a leader in the industry. By continuously adapting and evolving, they pave the way for a future where packaging solutions meet environmental responsibility, leaving a lasting legacy for generations to come.

Beyond Profit, Beyond Plastic: A Leader's Impact

Inspiration

Anurag, the director of Osho Industries, isn't just a businessman – he's on a mission to weave a greener future. His interview reveals a passion for sustainability that goes beyond profit margins, driven by powerful quotes like these:

Environmental Responsibility:

"Reliance on petroleum products" he acknowledged, recognizing the environmental impact of traditional polythene. This wasn't just a technical detail, it was a spark igniting his pursuit of sustainable solutions.

"We focused on biodegradable alternatives" he declared, his voice firm with conviction. This wasn't just a business strategy, it was a personal commitment to leaving a cleaner legacy.

Employee Empowerment:

"Our team is crucial" he stated, valuing his workforce beyond their roles. "We train them" he emphasized, highlighting his commitment to shared learning and growth.

Community Service:

"One hour a month," he urged, his voice filled with passion. "Volunteer, clean your surroundings" he continued, advocating for small, yet impactful actions.

Education and Awareness:

"SDGs are not just goals, they're everyday practices" he shared, emphasizing the importance of environmental consciousness. He highlighted how adopting our traditional practices can help further the SDGs

Lifelong Learning and Adaptability:

"The market evolves constantly" he acknowledged, embracing the need for continuous improvement.

Anurag's story isn't just about polythene or profits, it's about a leader who dares to dream beyond the bottom line. He inspires through his actions, his words, and his unwavering belief in the potential of others.

Overall impact

The interview with Anurag, Director of Osho Industries, reveals the multifaceted impact of their innovation: biodegradable polythene. While the focus is on environmental sustainability, the impact extends to employee well-being, community involvement, and even educational practices.

Short-term impact:

Reduced environmental footprint: Biodegradable polythene minimizes plastic pollution and harm to ecosystems. Osho Industries adheres to regulations, ensuring responsible manufacturing.

Improved employee morale and retention: Anurag emphasizes the importance of employee training, healthcare, and career development. This fosters loyalty and dedication, contributing to a positive work environment.

Community engagement: Osho Industries previously participated in student counseling, children's drives, and educational guidance, demonstrating a commitment to social responsibility.

Long-term impact:

Sustainable business practices: Anurag highlights the importance of service-based focus, technology investment, and volume growth for long-term success. Biodegradable polythene positions Osho Industries as a responsible player in a competitive market.

Environmental awareness and action: Osho Industries' school actively promotes sustainability through SDG education and student participation in environmental events. This fosters a generation of conscious citizens.

Empowered youth and community service: Anurag encourages students to dedicate one hour a month to serving their country. This small act, multiplied by the potential of young people, can have a significant positive impact on society.

Evidence of impact:

Osho Industries' growth from a small shop to a major player in the polythene sector indicates the success of their innovation and responsible approach.

Anurag's commitment to community service through teaching and volunteering showcases the long-term impact on his own life and the potential for others.

Osho Industries' biodegradable polythene innovation is a multifaceted success story. While the environmental benefits are undeniable, it also demonstrates the positive impact on employee well-being, community engagement, and youth empowerment. The commitment to sustainability and social responsibility positions Osho Industries as a leader, paving the way for a greener future.

Furthermore, Anurag highlighted the fact that a security guard in the facility climbed up the ladder to become an IT head with the organisation's constant support depicting his unwavering commitment to SDG 4 Quality education

Business benefit

Osho Industries' innovation of biodegradable polythene benefits the business in numerous ways, extending beyond just environmental impact. These benefits can be categorized into three main areas:

Financial Benefit:

Increased market share and revenue: Osho Industries' focus on service and volume growth, coupled with their timely deliveries and quality products, has led to a significant increase in their monthly sales, from 5 lakh to 5 crore. This demonstrates the success of their innovation in attracting and retaining customers.

Cost optimization: Their adherence to government regulations and focus on recycling and reusing polythene waste minimizes production costs and potential penalties.

Investment opportunities: The company's emphasis on technology adoption and expansion positions them well for future growth and opens doors for potential investments in new technologies and production capacity.

Employee well-being and retention:

Improved morale and dedication: Osho Industries' commitment to employee training, healthcare, career development, and opportunities for the next generation fosters loyalty and dedication among their workforce. This translates to a more productive and stable work environment.

Reduced turnover: By investing in their employees' well-being, Osho Industries minimizes employee turnover, leading to cost savings and a more experienced workforce.

Community and environmental impact:

Positive brand image: Osho Industries' focus on sustainability and social responsibility, including their participation in student counselling and community drives, enhances their brand image and attracts customers who value ethical practices.

Environmental protection: Biodegradable polythene reduces plastic pollution and harm to ecosystems, aligning with the company's commitment to sustainability and contributing to a healthier environment.

Awareness and education: Osho Industries' school actively promotes sustainability through SDG education and student participation in environmental events, fostering a generation of conscious citizens who will drive future change.

Osho Industries' biodegradable polythene innovation is not just a product, but a comprehensive approach that benefits the business financially, strengthens its workforce, and contributes positively to the community and environment. This multifaceted approach positions Osho Industries as a leader in a competitive market and paves the way for a more sustainable future.

Social and environmental benefit

Osho Industries' innovation of biodegradable polythene isn't just a product, it's a ripple of positive impact across society and the environment. On one hand, it fosters a thriving workplace through employee well-being investments, community engagement initiatives like counseling sessions and student drives, and a focus on sustainable practices like recycling and volume growth. This creates a loyal, productive workforce and contributes to a stronger local economy.

On the other hand, biodegradable polythene tackles environmental challenges head-on. By reducing plastic pollution and conserving resources through responsible waste management, it protects ecosystems and promotes a more circular economy. The company further amplifies these benefits by actively educating future generations about sustainability through their school's SDG education and environmental event participation.

In essence, Osho Industries' innovation isn't just about profit, it's about progress. It's about building a responsible company that thrives in harmony with its community and the planet, leaving a legacy of positive change for generations to come.

Interview

Anurag Singhal, Director

Photo of interviewee

Business information

Osho Industries Limited

Osho Industries Limited

Roorkee, Uttarakhand, IN
Business Website: https://www.osholtd.com/
Year Founded: 1997
Number of Employees: 501 to 1000

Osho since its inception has evolved into a comprehensive packaging solutions provider. Catering to a wide range of FMCG sectors, both edible and non-edible, their expertise lies in customized printing and packaging design. From shrink labels and extrusion laminates to multilayer films and PP films, Osho offers a diverse portfolio of materials and techniques, ensuring each package meets the specific needs of its product and brand.