Jamshedpur 14th July 2021: Team Titans from Vellore Institute of Technology (VIT), Vellore, which created an innovative solution for the reconstruction of bone defects and a prototype of the TI6AL4V implant, won the second edition of the ‘Tata Steel MaterialNEXT’ program.
The Grand Finale was held on July 9, 2021, as an online event.
Team Titans, comprising Perlin Hameed, Ansheed A Rahim, Jishita R, and Ashwin G, received a cash prize of Rs. 5 lakhs and was mentored by Dr. Geetha Manivasagam, Professor, VIT Vellore.
Team Changemakers from the Indian Institute of Science (IISc), Bangalore, made prototypes of bioabsorbable and deployable biliary stents using shape memory polymer composites and were declared runners-up.
The team of Saswat Choudhary, Rishabh Soni, received a cash prize of Rs. 2.5 lakh and was mentored by Dr. Kaushik Chatterjee, Professor, IISc Bangalore, and Dr. Sonal Asthana, Clinical Lead from Aster Hospital, Bangalore.
Dr. Debashish Bhattacharjee, Vice President, Technology and New Materials Business, Tata Steel, said: “At Tata Steel, we strongly believe that innovation is a fundamental step towards transforming processes, products, and the overall stakeholder experience. MaterialNEXT is an open innovation platform that aims to encourage and promote entrepreneurship and innovation in the areas of mobility, healthcare, building materials, and industrial equipment, as well as the circular economy. We congratulate the winning teams of the second edition of MaterialNEXT for their futuristic approach to innovative products that help society and the environment.”
The remaining three teams in the top 5 won a cash prize of Rs. 1 lakh each for the successful display of ideas.
MaterialNEXT 2.0 had two tracks, one for aspiring registered PGs and Ph.D.
For students and research students from academic/research centers across India and other incubated start-ups in seed or Series A funding levels.
Teams compete for cash prizes, mentorship, and grants for the next level of project development.