Vision: To foster
innovations, business growth, and employment opportunities in rural India, tier
II, and III cities of India.
Mission: To
be a premium product innovation, design, and development center in India by
2025 within the academic arena.
Elaboration:
1) Nurture
Innovations
- That
benefit rural community, tier 2 & 3 cities, that impact large
populace.
- From
entrepreneurs and innovators from tier 2, 3 cities, and villages.
- That
is financially viable – proven business feasibility and scalable.
2) Idea
to Product
- Engineering
services, design, development and validation, DFX – X = quality,
reliability, durability, profitability, sustainability, and
serviceability.
- Marketing
support: Placement, branding, go-to-market strategy, and channel
development.
- Manufacturing:
In-house or contract manufacturing, supply chain development, quality
management, capacity planning, and optimization.
3) Protect
Innovations by
- Filing
IP rights, IP landscaping, avoid infringement, creating awareness about IP
rights, and developing an innovation culture.
- Facilitation
of technology transfer, JV agreements, and IP monetization.
- Collaborating
with international IP agencies to file IP rights in different parts of the
world.