Bringing Innovations to Market: Students exhibit innovative solutions to MSME problems at the ‘Innovate to Lead - Innovation camp’ in Aurangabad

  • 11 November, 2019
  • Aurangabad, Maharashtra
The excitement at GIZ’s ‘Innovate to Lead - Innovation Camp’ at MGM’s Jawaharlal Nehru Engineering College campus in Aurangabad on May 7 was so high that it could easily be bottled and stored for posterity.

And why shouldn’t it be? It was a great opportunity for students of engineering colleges from the city and surrounding areas to come together after months of hard work and perseverance to showcase the solutions they had come up with for the industry. 100 solutions and prototypes ideated by 600 students from 12 different academic institutes, for industry problems identified in over 90 MSMEs, were displayed during the event. Out of these 100 projects, a jury consisting of members from the industry and academia, shortlisted six projects that ranked the best in terms of innovation, problem solving techniques, and implementation. The six teams presented their solutions on stage and received Rs 20,000 as a seed fund from Tata Technologies, a partner in this initiative to scale up their ideas into entrepreneurship opportunities.

As an initiative by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), GmbH the Innovation Camp was organised as a part of the ‘Programme for Modernisation and Innovation Promotion in Micro, Small, and Medium-sized Enterprises (MSME INNO)’, which is jointly implemented by the Ministry of Micro, Small, and Medium Enterprises, Government of India.

India: An innovative nation

Addressing a packed hall at MGM-JNEC campus, Mr Chaman Lal Dhanda, Head of Project, MSME INNO said, “India is becoming a country of innovation as we move from jugaad to real innovation. This collaboration of industry and academia will be self-enriching. The projects developed by students prove that they have created a value for the industry.” He added that the partnership with the Marathwada Association of Small-Scale Industries (MASSIA) had been a fruitful one for the region in terms of policy support.

The event was also attended by Mr B. S. Joshi, Joint Director of Industries, Government of Maharashtra. Stating the importance of industry academia exchange, he remarked, "By coming together, MSMEs and academia are achieving something that has never been seen before. The MSMEs get the ingenious solution and students get great exposure."

Dr H. H. Shinde, Principal, MGM-JNEC highlighted the role of academia in driving the nation’s development, tagging academia as the best innovator. Mr Siddhartha Yawalkar from Tata Technologies said, "We are excited to be a part of this program that enables students to work on problems and create solutions that can cultivate entrepreneurship." Read more

© 2019 Private Sector Development. All Rights Reserved | Designed by