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Ahmedabad, September 26: The industrious state of Gujarat will add another feather to its cap – a unique and first-of-its-kind Innovation Research Centre will be coming up in the city of Amdavad, thanks to the MOU which will be signed soon between the UK-headquartered Innovation DB, and well-known Gujarati social entrepreneur and activist, Jitendra “Jitu” Lal. Innovation DB offers an intelligence platform for the identification of emerging technologies and innovative ideas from all across the world.
Speaking to the media here, Mr Kiran Rana Khunti, CEO of Innovation DB India, said: “We are extremely pleased to be partnering with Mr Jitu Lal to set up the first Innovation Research Centre of its kind in India, right here in Amdavad. This centre, when it’s operational, will help Startups, MSMEs, SMEs, Corporates and the plethora of government departments to innovate”.
“Open innovation as an idea is something whose time has finally come, and it’s both an economic compulsion and resource-based need for all kinds of organizations. Post the pandemic, which has stuck a body blow to established supply chain systems, companies of all kinds, sizes, and types have been pushed to innovate in every facet of their operation, be it material sourcing, goods movement, cost optimization of processes and procurement, and the final product distribution. This new Innovation Research Centre will be a hotbed of ideas to address the challenges faced by organizations’ R&D in the changed world reality”, Mr Rana added.
“The new ecosystem supported by the Innovation Research Centre will allow companies and institutions to start R&D projects or take them to the next level. Innovation DB’s platform will give manufacturers, R&D departments, venture capitalists, and private equity funds an invaluable tool with which to easily find relevant examples of new emerging technologies and opportunities for partnerships in all areas of science globally. The all-important, central aim in establishing this Research Centre is to help “Make in India” come true in the state of Gujarat and neighbouring regions,” said Mr Jitendra Lal, while speaking to the media.
Kiran Rana is closely connected to the UK and Indian government agencies that help bridge the gaps in innovation. He is also a principal facilitator for a trade mission later this year (Oct), which will complement the Defence Exhibition (Defexpo), which will take place in Gujarat.
Both Mr Kiran Rana and Jitu Lal believe that this is the best way to repay the land of their birth, Gujarat, a state which has grown by leaps and bounds thanks to its enterprising and hardworking people. “What better way to show our gratitude to our land than to take this small step in ushering in far-reaching innovation through this new Research Centre?”
About Innovation DB, UK. www.innovationdb.com
Innovation DB is the world’s leading database of new emerging technologies worldwide developed by universities and other research institutions working in all fields of science and technology. The database gives manufacturers, R&D departments, venture capitalists, and private equity funds an invaluable tool with which to easily find relevant examples of new emerging technologies and partnership opportunities.
About Social entrepreneur Jitu Lal. http://jitulal.in
Jitendra Haridas Lal (Jitu Lal) is a public figure of Jamnagar known for his vivid identity in the area due to his dedication to social activities and public welfare. Jitu is a prominent industrialist of Jamnagar who, following the path of his father, the late Shri. Haridas J. Lal (Babubhai Lal), ex. The Minister of the Gujarat Government has also been constantly making efforts for the betterment of society. Apart from his broader social interests, he has worked tirelessly for industrial growth, law and order, the railway sector, cooperative time sector and marketing yard (agriculture sector) and others.
Jitu Lal espouses the cause of his home district, Jamnagar, as well as other regional and national issues such as Economic Development, Education, Information Technology, Employment, Women’s SafeCooperativetive sector etc. He is also a director of one of the largest shipping companies in Gujarat, part of Shreeji Group https://www.shreejishipping.in/.
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