NASSCOM CoE launches second edition of Manufacturing Innovation Challenge 2020
The second edition of Manufacturing Innovation Challenge 2020 (MIC2020) from 12th October 2020 to 12th December 2020, was launched by NASSCOM Centre of Excellence IoT& AI, an initiative of the Ministry of Electronics & Information Technology (MeitY), and the Gujarat government. The objective of this challenge is to build the first-of-a-kind platform for enterprise and start-up collaboration to solve key challenges the manufacturing industry is facing today.
NASSCOM CoE in conjunction with RPG Group, JK Lakshmi Cement, Thermax Limited, Mother Dairy, Grasim Industries and Minda Industries have nominated six use cases in three broad categories of Resource Optimization, Improved Throughput and Supply Chain for which startups will be encouraged to solve challenges by submitting a proposal.
Top 18 startups will then be presented to Jury that will have representation from senior leaders from industry, academia and government. Start-ups will also receive mentoring support throughout their journey in the challenge to better prepare them for the challenge.
Speaking at the launch, Amit Saluja, Sr. Director & Vertical Head, Manufacturing, Gandhinagar, NASSCOM CoE, said, “NASSCOM CoE is building an ecosystem for manufacturing companies to work with technology companies and innovative start-ups to drive adoption of Industry 4.0 solutions.MIC2020 was launched to accelerate this mission and received an exceptional response. This challenge created value for everyone as it helped enterprises find the best solution partner and start-ups got an opportunity to work with their dream companies. The success of this program has motivated us to run these challenges every quarter, and we look forward to getting similar support in all our future initiatives.”
Manufacturing Innovation Challenge helps the companies connect with top-class start-ups which can be of immense help in creating future innovations. “The platforms can accelerate to kick-start a Digital Transformation journey in the country’s formidable industries. In current times, self-reliance is of utmost importance and Government of India has also called for AatmaNirbhar Bharat. Our startups have a high calibre to drive incremental change using technology, and NASSCOM CoE is trying to build capabilities that will bolster self-reliance and innovation,” adds Samip Mutha, Vice President and Group Head- Digital and Innovation at RPG Group.