CII Industrial Innovation Awards
The aim of CII Industrial Innovation Awards is to help the Indian Industry. The award recognizes the champions of innovation among Indian industry, and it augments their competitiveness for country-based and international markets. The awards were launched in the year 2014 with the aim to identify innovative Indian enterprises across industry sectors.
The awards pave the way to be known internationally regarding the services and products of the winners.The award rates all kinds of new processes, services, products, technologies and other types of innovations that have the capability to augment the development in the industry.New ideas and approaches, along with the tangible results, are also taken into account.There is a framework, Enterprise Innovation Maturity Framework, that forms the basis of assessment of firms applying for CII Innovation awards.
CII has recognized 179 firms as champions of innovation with regard to their industry sectors.This award is a facilitator in the development of business opportunities for winning firms.In the year 2021 Grand award of CII Industrial Innovation award (The Most Innovative Company 2021) was won by Dr. Reddy's Laboratories Limited.The Joint Winner is Tata Steel for Top Innovative Company (Large Enterprises) in Manufacturing. The awards for IITs includes IIT Roorkee, IIT Madras, INCOIS.Other Engineering colleges who were recognized were Kumaraguru College of Technology, Thiagarajar College of Engineering, and Paavai Engineering College.