Firms pick up students’ ideas at tech fest
They came from colleges all over India hoping to win a competition, but went back with big companies willing to support their work.india Updated: Aug 26, 2009 02:44 IST
They came from colleges all over India hoping to win a competition, but went back with big companies willing to support their work.
For the first time this year, the 12th Indian Institute of Technology-Bombay Techfest saw companies take a keen interest in students’ ideas.
The Techfest, an annual international science and technology festival with over 60,000 participants, was held in January and attracted a variety of ideas, which were evaluated by the blue chips of industry.
These firms are now considering converting several of these ideas into products.
“Once people join a company, their thought process is tuned to their work, but students’ minds are more open, so their ideas have a lot more potential,” said Somenath Ghosh, chairman and managing director of the National Research Development Corporation, one of the judges at the Techfest who is reviewing some of the ideas.
“We are expecting an even better response from companies in Techfest 2010,” said Sidharth Mishra, Techfest coordinator.