Cmd, Nlcil Inaugurates Iic Prototype Demonstration Hub To Encourage Innovative Start-Ups

NEW DELHI- Shri. Prasanna Kumar Motupalli, Chairman and Managing Director of  NLC India Limited inaugurated the “Innovation Incubation Centre (IIC)  Prototype Demonstration Hub” at the Centre for Applied Research and  Development (CARD), Neyveli on 04-03-2023.  

The Centre which will promote innovation and start-ups in a big way and  an administrative building were inaugurated in the presence of Shri. K.Mohan  Reddy, Director/P&P & Director/Power (Addl. Charge), Dr. Suresh Chandra  Suman, Director/Mines & Director/Finance (Addl. Charge), Shri. Samir  Swarup, Director/HR, Dr. L.Chandrasekar, IFS, CVO, Smt. G.Ranialli,  Executive Director/CARD, Shri. S.Ravikumar, Chief General Manager/CARD  and other senior officials, Employees and representatives from Engineers &  Officers Association, Recognized Unions & Welfare Associations of NLC India  Limited.  

NLCIL has established the IIC in collaboration with Indian Institute of  Science (IISc), Bangalore & Anna University, Chennai. Financial support was  extended to the Institutions for establishing the IIC. Specific subjects /themes  related to the core business of NLCIL was identified to attract innovators/Start  - ups to achieve the Atal Innovation Mission. Laboratory, workstation,  Prototype sheds were developed to promote innovation and Entrepreneurship  for supporting the Start-ups.  

The Innovation Incubation Demonstration Hub is a space dedicated to  nurturing innovation and entrepreneurship by providing necessary resources  and infrastructure for start-ups and entrepreneurs to develop and test their  ideas. The Administrative building, on the other hand, will serve as the  administrative and operational center for the hub.  

As part of the program, one of the prototype projects was also  inaugurated by CMD, NLCIL, which showcases the potential of the IIC hub and  its resources in promoting innovation and entrepreneurship development.