Tata Technologies announces winners of InnoVent 2023, offers career opportunities to all finalists

Pune, January 18, 2024: Tata Technologies, a global product engineering and digital services company, announces the successful conclusion of the 1st edition of InnoVent hackathon, an innovation platform that provides young engineering students in India with an opportunity to showcase their creativity and innovate solutions to address the challenges being faced by the manufacturing industry. This initiative marks a significant milestone in the company's engagement with the academic community, fostering innovation and creativity among young engineering talents across India, helping engineer better careers. The Top 10 team/s participated in the Demo Day at Tata Technologies headquarters in Hinjawadi, Pune, where they presented their innovation prototypes and wowed the audience. The final evaluations were done by an eminent jury comprising of Warren Harris, CEO & MD, Tata Technologies, Ravi Arora, Senior Vice President & Head Group Innovation - Tata Sons; Sven Patuschka, Chief Technology Officer - Tata Motors Passenger Vehicles Limited & Tata Passenger Electric Mobility Limited; and Jyotin Kutty Sastabhavan, Chief Sustainability Officer - Tata Motors.
 
The winning team Rolex from Bannari Amman Institute Of Technology, Erode, was felicitated with a cash prize of INR 3,00,000 for their innovation Generative AI for car design - unleashing creativity and efficiency in automotive styling. The team Blitzkrieg from RVCE, Bangalore, won the 2nd prize – a cash prize of INR 1,00,000 for their innovation Design and development of an Autonomous Electric Vehicle (AEV) for Indian roads. The 3rd prize of INR 50,000 was won by the team ThunderBolt from VIT, Vellore, for their Battery system and pumping station for buses using Vanadium redox flow battery. In recognition of their talent, visible in their innovations, Tata Technologies offered 34 team members from the top 10 teams, an opportunity to start their careers with them.  

Speaking at the Tata Technologies InnoVent felicitation ceremony, Warren Harris, MD and CEO of Tata Technologies stated, "Tata Technologies vision of engineering a better world embodies our commitment to innovate sustainable eMobility solutions by collaborating with our entire ecosystem, including the academia. We had identified real world challenges while inviting projects for the InnoVent hackathon and I am inspired by the way innovators have applied ingenious, frugal solutions to these issues, blending the finest of human creativity with cutting-edge technology. I congratulate all the winners and participants for displaying such creative talent and a Can-Do attitude while innovating the solutions."

Highlighting the importance of creating a culture of innovation amongst young engineering students, Mr. Santosh Singh, EVP and Global Head, Marketing and Business Excellence at Tata Technologies, added, “As a human brand, we focus on delivering great experiences to our customers by innovating solutions that address the business challenges faced by our clients. The students today will innovate some of the biggest solutions in next few years. It is important for us to support, mentor, and empower these young engineering minds, equipping them with the skills necessary for a successful career. The enthusiasm and creativity displayed by these young innovators exceeded our expectations and reinforced our belief in the power of innovation in engineering a better world. We are delighted that we were able to offer them not only cash prizes and learnings but also job opportunities to all the finalists.”

Tata Technologies has extended heartfelt congratulations to the winning teams and expresses deep gratitude to all the participants for their remarkable contributions and for making the InnoVent Hackathon a resounding success.