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VISION FOR IDEA LAB

The IDEA Lab aims to create an environment for students and faculty to transform ideas into products, fostering creativity and problem-solving skills while promoting collaboration with local industries and startups. It integrates advanced facilities compliant with Industry 4.0 and aligns with the National Technology Vision 2035 to support innovation in various sectors. The lab plans to sustain itself through consultancy projects, commercial usage of facilities, and the development of intellectual property rights, benefiting both students and the surrounding community.

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4 views3 pages

VISION FOR IDEA LAB

The IDEA Lab aims to create an environment for students and faculty to transform ideas into products, fostering creativity and problem-solving skills while promoting collaboration with local industries and startups. It integrates advanced facilities compliant with Industry 4.0 and aligns with the National Technology Vision 2035 to support innovation in various sectors. The lab plans to sustain itself through consultancy projects, commercial usage of facilities, and the development of intellectual property rights, benefiting both students and the surrounding community.

Uploaded by

neelima
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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VISION FOR IDEA LAB

Vision for IDEA LAB is to develop an environment for testing, validation, and
transformation of ideas into products and so as to to benefits to students,
faculties and society. The students will be encouraged to take up creative work,
imparting skills for problem-solving and prototype development. The student
will be encouraged to get involved in the development of products for the
creation of intellectual property rights since the lab will be open for all. It will
invite many collaborative opportunities among the nearby industries, budding
entrepreneurs, startups, alumni, faculty members and students. The facilities
will provide basis for development of cost effective models. Students and
innovators will get an opportunity to develop patentable products based on
innovative ideas. faculty members will be able to upgrade themselves on new
technologies by joining FDPs, skilling programs , boot camps, conference,
symposiums and workshops. weekend Programs and workshops during summer
breaks can be organised for students of nearby institutes of Sangamner region.
The institute has strong industry-institute partnership and regular engagement
hence the facility will benefit industry as well. Since, the small industries face
lot of challenges in prototype development, this lab will certainly provide them
a great support in reducing the cost and time taken for prototype development.
INTEGRATION OF IDEA LAB WITH EXISTING FACILITIES
The institute has well developed facilities in compliance with Industry 4.0
requirements. Facilities such as reverse engineering, rapid prototyping, 3D
printing, pneumatic system design lab, CNC machines, robotic arm for MIG
welding and higher end software labs etc. are available to be integrated with
IDEA Lab. These facilities are created with the same vision of allowing students
to transform their ideas into real products. The faculty mentors are well
qualified and trained to provide insight about the usage of these facilities. These
cutting edge labs are open beyond institute hours, so the cultural bondage will
strengthen the work culture for usage of facilities by innovators and startup
companies. ALIGNMENT WITH NATIONAL INITIATIVE The IDEA Lab in
the Institute will support all key features of National Technology Vision 2035 by
providing opportunities for development, empowerment, inclusiveness, and
sustainability. The lab will provide opportunity to culminate some of the
prerogatives defined under National Vision, such as; (i) clean air and potable
water; (ii) 24x7 energy; (iii) decent habitat; (iv) quality education, livelihood
and creative opportunities; (v) safe and speedy mobility; (vi) public safety and
national security; and (vii) eco-friendly conservation of natural resources. The
lab will support in technological transformation in the field of education, water,
energy, environment, transportation, infrastructure, manufacturing, materials,
and ICT by nurturing the culture of innovation. For budding innovators and
startups the Lab will provide an ability to absorb failures and learn useful
lessons from failed initiatives. The Lab will help in establishment of linkage
between innovators and entrepreneurs. Thirty existing SMEs in the nearby
region have already signed MoUs with the Institute for technical support. This
lab will provide a base for students and innovators to create prototypes and
commercialise the products with the help of these companies. Since NOIDA is a
hub of industries, the Lab will promote research sharing for niche products.
PLAN FOR SUSTENANCE OF IDEA LAB BEYOND TWO YEARS: After
two years the faculty members will be able to attract consultancy projects of
substantial worth from nearby industries. Also, the Lab will be able to generate
funds from commercial usage of the facilities by nearby industries at a very
nominal rate. Alongwith that the faculty members and students will be
encouraged to create IPRs by using these facilities. Some of these IPRs will
certainly find their commercial usage. The innovative products developed by the
innovators and startups will be an input for new startup companies in the
institute Technology Business Incubator (TBI-NIET). This will help to develop
a closed loop to sustain the set up. The final year students will use these labs for
development of new projects. These projects can find commercial value as
prototype of products in niche areas. The events such as FDPs, Skilling
Programs, Bootcamps, Ideation Camps, Awareness Camps for industries,
Professional Skilling Programs, School Teacher Awareness Program, Open Day
Events for School students, and technical exhibition will be organised on
regular basis to optimally utilize the resources. Some fee may be charged from
participants for sustenance of the lab, if permitted by the Government. Since,
the lab will be open 24x7, the students from nearby region will have an
opportunity to use the lab facility beyond institute hours. The products
developed by them may be of commercial value for the industry and some
amount can be funded by the industry to support these projects under CSR
activities.

Benefit to students and staff (quantitative)

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