Pune-based KPIT Technologies has won this year’s ‘FICCI Corporate Social Responsibility Awards’ for incubating path-breaking innovations by young entrepreneurs from across the country which address the challenges of ‘Real India.’
FICCI Corporate Social Responsibility Awards – India’s first CSR award – was instituted in 1999 by the industry chamber. The aim of the award is to identify and recognise the efforts of companies in integrating and internalising Corporate Social Responsibility (CSR).
The award to KPIT recognised its unique initiative ‘KPIT Sparkle’ which is unlocking the power of IPR in India by connecting thousands of budding entrepreneurs to the incubation ecosystem every year, especially those from small towns and rural areas. It helps them converge on the final objective of bringing innovative solutions to the society.
Every year, faculty and students of undergraduate, post-graduate and PhD courses, from the science, engineering, design and management streams of colleges and universities across India get this opportunity to turn their ideas into working prototypes for industrial production. In the last 5 years, 22,000 ideas from 1500 institutions in T1 and T2 cities have been supported by KPIT Sparkle.
Elaborating about the achievement , Kedar Sapre, Senior Marketing Specialist, KPIT, said, “India is a land of brilliant ideas and many often the best ideas come not from top notch institutions from big cities but from students of smaller towns and rural areas. KPIT Sparkle nurtures such innovations from idea generation to product manufacture with a supportive incubation process.”