Mumbai: A partnership has recently been signed between the Indian Institute of Technology, Bombay (IIT-B) and FMCG company Godrej Industries for a Mega Global Initiative titled "Ten Great Ideas to change the world in the next 50 years".
"Rs.50 lakh for 10 best ideas and help convert ideas to reality will be awarded by Godrej. The competition is open for world-wide participation up to May 30," said Devang Khakhar, Director IIT-B.
"Ten Great Ideas to change the world in the next 50 years", initiative was launched by the IIT in last year mainly for IIT faculty, students and staff.
The initiative got great support and enthusiasm not only from IIT Bombay but also from other IIT members and associates.
"We are happy to partner with this unique project which can bring positive change for the people of India," said Adi Godrej, Chairman Godrej Industries.
"India needs to leverage science and technology to solve problems and the Indian potential is tremendous and it is time to grab the potential," Godrej said.
For this global competition, there is no age specification and will be judged purely on originality, novelty and feasibility with strong environmental impact and broad areas of science and technology. source: http://indiaedunews.net
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