About Explornovate
In order to improve the environmental impact, the organisational intends to engage the youth and experts in reengineering the processes that cause environmental damage. This may involve change in raw materials, manufacturing processes , machines , utilisation of by-products and waste products and more . It also becomes quintessential to create foundation of new businesses on such environment friendly products , services and processes , so that these businesses will have much longer life span compared to others . These will be in line with laws and stipulations laid down by the government departments . will have better social acceptability .
It also becomes important to lower the cost of products /services being planned for sale . new businesses have higher initial costs compared to older well established business houses . Until and unless they can find a more cost effective means of achieving the similar or better business goals , the very survival of the new businesses ( startups ) , will be doubtful . Hence very important to develop economic competence before commercial launch.
