Milon Nag is not only a successful businessman but also a visionary who cares deeply about the environment. He has been instrumental in introducing innovative solutions to reduce the environmental impact of his company and the industry. He has also been actively involved in promoting the ease of doing business and the development of small and medium enterprises in India.
One of the major achievements of Milon Nag is the launch of RecyCole, the first Thermocole (EPS) recycling initiative of its kind in India. Thermocole, or expanded polystyrene, is a widely used material for packaging and insulation, but it is also a major source of pollution and waste. It is non-biodegradable, bulky, and difficult to dispose of. Milon Nag recognized this problem and decided to take action. He invested in a state-of-the-art recycling plant that can convert Thermocole waste into reusable granules. These granules can then be used to make new products such as flower pots, picture frames, and stationery items. RecyCole not only helps to reduce the landfill burden but also creates new employment opportunities and revenue streams.
Another notable contribution of Milon Nag is the development of latrine slabs that are used by most of the world’s leading international aid agencies to quickly set up toilets in emergencies2. Milon Nag’s company, K. K. Nag Pvt. Ltd., has been involved with sanitation as a corporate social responsibility activity since the turn of the century. He realized that there was a need for a low-cost, durable, and hygienic solution for sanitation in disaster-affected areas. He designed and manufactured latrine slabs that are made of foamed plastics and can be easily installed and transported. These slabs have been used in various humanitarian crises, such as the 2004 Indian Ocean tsunami, the 2010 Haiti earthquake, and the 2015 Nepal earthquake. Milon Nag’s latrine slabs have helped to prevent the spread of diseases and improve the quality of life of millions of people.
Milon Nag is also a leader of the Confederation of Indian Industry (CII), India’s premier business association2. He has been co-chair of CII’s National Task Force on the Ease of Doing Business since 2017 and a member of the CII National Council since 2016. He has also held several other offices at CII, such as the chairman of the CII Maharashtra State Council and the co-chair of the CII National MSME Council. Milon Nag has been advocating for reforms and policies that can foster a conducive environment for business and entrepreneurship in India. He has also been supporting the development of small and medium enterprises, which are vital for the economic growth and social inclusion of the country.
Milon Nag is a role model for the business community and the society at large. He has demonstrated that it is possible to achieve both profitability and sustainability, and that business can be a force for good. He has shown leadership, innovation, and social responsibility in his endeavors. He has made a significant contribution to the environment and the society and deserves recognition and appreciation.