What started out as a project while studying BTech at the Indian Institute of Technology (IIT) Kharagpur has helped 25-year-old Shwetank Jain scale entrepreneurial heights.
On Monday, Jain's Intelligent Power Conditioner with Hybrid System Integrator won the first prize at the India Innovation Initiative (i3) National Fair held at IIT-Delhi. The fair is organised in association with Agilent Technologies, Department of Science and Technology, government of India and Confederation of Indian Industry.
Called P2 Power Solutions, the idea of the venture, whose aim was to deliver innovative engineering solutions with specific focus on energy efficiency and power quality enhancement, was incubated in 2005 by Jain and his friends.
"Most industries face problems in power supply. With increasing use of automated machines it was imperative for the industries to have uninterrupted power supply. Every time there is a disruption, the operational costs go up. This mechanism ensures all such issues are taken care of. It also helps in reduction of noise pollution and is almost maintenance free," said Jain.
Nandan Kumar, Sudarshan Rajagopal and Sankamesh Ramaswamy who bagged the second prize have developed an automated machine to manufacture three-dimensional non-woven fibrous structure for medical applications.
"Cotton balls used for medical applications often have very short fibres which are transferred from the surface during cleaning of surgical wounds which could cause infection. Our product is hollow from inside which provides more space for absorption of body fluids," said Kumar, a textile engineer.
Around 50 innovators, who showcased their creations, were chosen out of a total of nearly 1,000 entries from across the country.
"We introduced i3 last year with the objective to provide innovative minds a platform to convert viable ideas into reality," said Parmeet Ahuja, president and country general manager, Agilent Technologies India.