KPIT wins FICCI CSR Award for path-breaking innovations

KPIT wins FICCI CSR Award for path-breaking innovations – 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 addresses 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 spot and recognize the efforts of companies in integrating and internalizing Corporate Social Responsibility (CSR).

The award to KPIT recognized its unique initiative ‘KPIT Sparkle’ which is unlocking the facility of IPR in India by connecting thousands of budding entrepreneurs to the incubation ecosystem per annum, especially those from small towns and rural areas. It helps them converge on the ultimate 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 schools and universities across India get this chance to show their ideas into working prototypes for industrial production, as within the last 5 years, 22,000 ideas from 1500 institutions in T1 and T2 cities are supported by KPIT Sparkle.

Elaborating about the achievement, Kedar Sapre, Senior Marketing Specialist, KPIT, said, “India may be a land of brilliant ideas and lots of often the simplest 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.”

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