Rama Krishna Sangem
IIT Hyderabad’s Innovation Day 2024, held on July 15, was a resounding success, setting new standards for inclusive innovation. The event attracted over 2000 visitors and featured exhibitions, talks, panel discussions, pitch sessions, and networking opportunities, all celebrating the spirit of entrepreneurship and innovation.
Chief Guest Ajai Chaudhry Former CEO & Founder HCL, inspired attendees with strategies to elevate India on the global innovation stage, stressing the importance of exploring untapped areas and the critical role of product development, said a press release from IIT-Hyderabad on July 25
Chairman IITH, Dr. BVR Mohan Reddy emphasized the importance of integrating academic research with industry needs to drive innovation and entrepreneurship. Director, IITH Prof. B.S Murty highlighted IIT Hyderabad’s robust ecosystem that nurtures this synergy, showcasing the institution’s commitment to pushing the boundaries of technology.
A standout feature of this year’s event was its accessibility. Through the innovative technology developed by SignAssistive AI, the event was fully accessible to deaf and hard-of-hearing individuals, ensuring inclusive participation for all.
Groundbreaking ideas
The MeitY Grand Challenge 2024 Finale was a major highlight, featuring top teams from across the country pitching their groundbreaking ideas. VAYUT Autonomous, with its no-code robotics OS and simulation software, emerged as the winner of the MeitY Grand Challenge after a tough competition.
With over 35 innovators showcasing their ideas, Innovation Day 2024 embodied IIT Hyderabad’s motto of “Inventing & Innovating Technology for Humanity.” The event fostered valuable connections and collaborations, propelling innovation forward and transforming potential ideas into impactful realities. It was a memorable experience for all attendees, setting a high benchmark for future editions and aiming to reach even greater heights next year.
Following the chief guest’s address, IITH was awarded with ISO 22301:2019 Business Continuity Certification, along with ISO 27001:2022 Security management Systems, ISO 14001:2015 Environmental Standards, ISO 9001:2015 Quality Standards, and ISO 50001:2018 Energy standards certifications, overall, for implementation of sustainable practices in research and development, consultancy, projects and educational initiatives in campus.
Notably, the Business Continuity Certification is the first of its kind awarded to an educational institution in India.
About iTIC Incubator:
iTIC, a Technology Business Incubator at IIT Hyderabad, supported by the Department of Science and Technology (DST), focuses on deep tech sectors like Healthcare, AI/ML, Quantum Computing, AR/VR, Cybersecurity, Robotics, IoT, Industry 4.0, Blockchain, Electronics, Advanced Materials, Drones, and Biotechnology. Since its inception in 2015, iTIC has supported over 192 startups, provided more than INR 10 crores in direct funding, generated INR 1250 crores in revenue, and created over 1,100 jobs.