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Tata Steel’s annual innovation challenge ‘Mind Over Matter’ pushes the frontiers of research and innovation

Jamshedpur, July 12, 2019

Season 6 ends with a thrilling finale

The edition received more than 200 entries from premier engineering institutes across the country

Teams from BIT Mesra, BIT Sindri and NIT Jamshedpur clinched the top three spots

Tata Steel announced the winners of its much-awaited annual innovation challenge for students ‘Mind Over Matter’ (MOM) season 6 today. The 6-month long programme culminated with the Grand Finale held in Jamshedpur, where a total of five teams presented their innovative solutions to the esteemed jury. Mr. Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, graced the occasion as the Chief Guest for the finale. The panel of the esteemed jury included Dr. Sumitesh Das, Chief Graphene Business, Tata Steel, Ms. Jaya Singh Panda, Chief TQM & CQA, Tata Steel and Dr. Atanu Ranjan Pal, Chief Product Research, Tata Steel.

Jyoti from BIT Mesra emerged as the winner of Mind Over Matter - season 6; Rishi Raj & Jaya from BIT Sindri, Jharkhand, bagged the 1st runners-up position and Ashwini Kumar & Anish Baranwal from NIT Jamshedpur secured the third slot.

The winning team received a prize money worth Rs. 1,00,000 along with a trophy. The 1st and the 2nd runners-up were presented with cash prizes worth Rs. 75,000 and Rs. 50,000 respectively. The certificates of recognition and pre-placement offers were awarded to the top three teams. Certificates of participation were given to all the other teams.

Mr. Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel said, “Tata Steel has a rich legacy of innovation through Research & Development. The Company is committed to enabling solutions for a better world through collaboration with young minds. Mind Over Matter, part of the Company’s Campus Connect programme, is a unique platform to nurture the makers of tomorrow and future innovators. It is heartening to see the growing response to the initiative and the quality of research work done by the students and their mentors.

This season, ‘Mind Over Matter’ received an overwhelming participation from close to 50 premier engineering institutes of India including the IITs, NITs and the likes. The competition witnessed submission of over 200 ideas against the challenges (topics) put forth by the Company’s R&D team. Over the last six editions, MOM has received 3000+ registrations and 1000+ proposals of which 45+ ideas from across diverse fields have been explored.

Tata Steel is committed to a culture of innovation through Research & Development and is constantly pushing the envelope to enable solutions for a better tomorrow. In line with its commitment and drive for innovation, the steel major initiated the annual innovation challenge 'Mind Over Matter' in 2014. The initiative is essentially a collaboration between industry, academia and students to push the frontiers of research and innovation. The platform enables bright young minds to give shape to their ideas, innovate, work on real life manufacturing and product challenges and explore the implementation of the ideas on an industrial scale. Over the years, the initiative has grown manifold and promises to be one of the most credible and popular innovation platforms for young minds.

About Tata Steel                           

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum (MnTPA). It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion in the financial year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).

A Great Place to Work-CertifiedTM organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained the ‘Global Steel Industry Leader’ position in the DJSI 2018. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel has won several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘GreenPro’ certification for products (Tata Pravesh Steel Doors, Tata Structura, Tata Pipes) by CII, Authorized Economic Operator (AEO) status (Tier 2) by the Directorate of International Customs (Ministry of Finance, Govt. of India), ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management (2018) and Best Risk Management Framework & Systems Award (2019) by CNBC TV18. The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the eight time (2019), Steel Sustainability Champion (2018) by the World Steel Association, Dun & Bradstreet Corporate Awards (2019), Golden Peacock HR Excellence Award by Institute of Directors (2018), ‘Best Companies To Work For’ recognition by Business Today, 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

In 2018, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow.

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Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.