Bilcare's nonClonableID Technology awarded by CII

26 November 2014 | News | By BioSpectrum Bureau

Bilcare's nonClonableID Technology awarded by CII

Identifying the fake one! Bilcare's technology is said to be much better than current anti-counterfeiting options have their own limitations

Identifying the fake one! Bilcare's technology is said to be much better than current anti-counterfeiting options have their own limitations

As well as the overall CII Industrial Innovation Grand Award on Bilcare Limited as the 'Most Innovative Company' for the year 2014. The award was handed over at the recently held 'Knowledge Expo 2014' at National Capital Region (NCR).

"These two most prized recognitions from CII reinforces the immense value of the nonClonableID technology which possibly is the first disruptive technology that India would give to the World as well as the exemplary commitment of Bilcare Limited towards its Innovation pathway leading to its getting judged as the 'Most Innovative Indian Company," said Dr Praful Naik, chief scientific officer at Bilcare, while receiving these prestigious honours.

The conferring of CII Industrial Innovations Awards and the Grand Award 2014 comes after several months of rigorous assessment and comprehensive audit steered by an eminent team of jury members comprising top scientific minds & thought leaders from India and outside with diverse experience and expertise, which included eminent scientists from ISRO, IISc, TIFAC and Directors & Professors of IIT's, IIM's, Cornel, MIT, Washington University, Imperial College London, London Business School. Out of a select 81 applicants, 25 were selected as finalists and 6 were conferred with the category awards in which Bilcare's nonClonableID technology bagged the Manufacturing sector - Large Enterprise category award and finally from amongst the 6 category award winners, Bilcare was selected as the Most Innovative company for the year 2014 across all sectors and conferred with the Grand Award.

The CII Industrial Innovation Awards 2014 is the recognition & celebration of innovative Indian enterprises across industry segments. CII Industrial Innovation Awards 2014 is the first one to recognize excellence in Innovation across industry sectors. These premier awards seek to honour the Indian Industry's brightest performers, and top 25 Innovative Organizations in India and select the 6 category award winners from manufacturing and services sector amongst Large, Medium and Micro and Small Enterprises and finally determine the most innovative company for the year 2014 across all sectors and categories.

The CII Industrial Innovation awards 2014 conferred at the Knowledge Expo- saw a unique government - industry - academia partnership where CII, Department of Industrial Policy and Promotion, Department of science and technology, Ministry of Human Resource Development and other prominent Institutions converged with a purpose to encourage business growth through innovation, and to recognize innovation excellence.

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