TECHNOLOGY FOCUS - ORGANIC CHEMISTRY - Preferred Components: The indium alkoxide compound is of formula ((In6(O)(OR)12X6)2-Am(z)(ROH)x) or ((In6(O)(OMe)12Cl6)2-(NH2R2)+2(MeOH)2), and is present in an amount of 0.1-10 wt.%. The solvent comprises primary, secondary, tertiary and aromatic alcohols, ethers, esters, aromatic hydrocarbons or nitriles, preferably ethyl lactate, anisole, tetrahydrofurfuryl alcohol, butyl acetate, ethyl benzoate, ethylene glycol diacetate, methanol, ethanol, butanol, phenol, 2-methoxyethanol, 1-methoxy-2-propanol, tetrahydrofuran, 1-methoxy-2-propyl acetate, butyl lactate, toluene, xylene and/or acetonitrile.A = cation;m(z) = 2, where z is valence of the cation; andx =0-10.Preferred Components: The formulation comprises at least three solvents, where one of the solvents include ethyl lactate, anisole, tetrahydrofurfuryl alcohol, butyl acetate, ethylene glycol diacetate or ethyl benzoate, and the other two solvents under standard ambient temperature and pressure (SATP) conditions have a boiling point difference of at least 30 degrees C, where the three solvents are ethanol, 1-methoxy-2-propanol and tetrahydrofurfuryl alcohol. EXAMPLE - 1.30 kg of Indium(III) chloride was suspended in 17.38 kg of dried methanol under an inert gas atmosphere with stirring in a 30 l reactor free of residual moisture. 2.57 kg of Dimethylamine is metered in a mass flow controller (0.86 kg/hour) at room temperature and observing a slightly exothermic reaction. Then the reaction mixture was heated at 50 degrees C for 2 hours and then cooled and filtered to room temperature. The filter residue was washed with 2000 ml of methanol and dried under vacuum (0.1 mbar) for 8 hours. The substance was dissolved in boiling methanol and crystallized at -20 degrees C. The obtained substance was dissolved at a concentration of 50 mg/ml in 1-methoxy-2-propanol. The obtained concentrate was formulated into 1 part of concentrate to two parts of 1-methoxy-2-propanol to one part of ethanol, and then 3 wt.% of tetrahydrofurfuryl alcohol was added, where all solvents used were anhydrous (less than 200 parts per million of water). The reaction mixture was stirred under inert conditions (anhydrous) to obtain a liquid formulation, which was filtered through a 200 nm PTFE filter.