L&T Technology Services' Annual Open Innovation Initiative TECHgium? Concludes with Record-Breaking Participation of Engineering Students
Over 22,500 engineering students from 354 reputed institutes participated in this year’s edition as compared to corresponding figures of 19,000 and 272 in 2019. The participation from faculty members witnessed an even higher surge with numbers jumping from 1,030 to 2,363.
The team from won the third prize for their concept on Sewage Coagulation using Co-Culture of Bacteria.
TECHgium® is designed to usher in a new generation of engineers with skills and capabilities prized by the industry, enabling them to solve myriad engineering challenges and in the process enhance their career prospects and augment LTTS’ solutions practice.
Dr Keshab Panda, CEO & Managing Director, L&T Technology Services, commented, “The engineering services landscape in India is poised to be the sunshine sector for years to come and one key critical element for this to materialize is availability of a robust and wide talent pool of budding technologists. Our TECHgium® open innovation platform is an important step towards this as it aims to provide bright engineering minds an opportunity to gain exposure into real life business challenges. We are thankful to all the students, faculty members and institutes who have helped us achieve new milestones during this latest season of TECHgium®.”
TECHgium®’s successful fourth edition saw 61 innovative PoCs on real life technical challenges pertaining to domains such as AI, Compute Vision, 5G, Ergonomics, and Sustainability, covering major industries including Automotive, Plant Engineering, Telecommunications & Hi-Tech and Industrial & Consumer Products.
Conceptualized in 2017, TECHgium® has established itself as a forum increasingly sought after by the engineering student’s community. Student participation in LTTS’ popular platform increased by 221% since inception. The TECHgium® platform is also used as an avenue to hunt talent for hiring needs and to offer internships.
The winning teams are facilitated with awards worth over Rs 15 lacs with additional benefits such as continuation of work on the PoCs of interest, pre-placement offer and recognition by reputed industry professionals.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,000 employees spread across 17 global design centers, 28 global sales offices and 62 innovation labs as of December 31, 2020. For more information please visit https://www.ltts.com/