Schneider Electric to organize the fourth edition of “Innovation Challenge 2008”

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 6, 2008 --

Bangalore, 04th November 2008: Schneider Electric India Pvt. Ltd (SEI), a 100% subsidiary of Schneider Electric Industries, today proudly announced the 4th edition of “Innovation Challenge 2008”, a unique contest to explore the budding engineering talent in India. The focus of this contest is, to make students think ‘out of the box’ and provide an opportunity to come up with innovative solutions to key energy related issues. The topics identified are “Electrification of rural areas at low cost”, “Innovative solutions to optimize energy usage” & “Web and wireless technologies to measure, monitor and control energy”.
The contest is open to engineering colleges across the country and students from all engineering disciplines are eligible to participate.
Participating teams need to send their solutions in the format given on the Innovation Challenge website before 16th November, 2008.

The short-listed teams would be invited to present their ideas/solutions at the Schneider R&D facility in Bangalore. The solutions will be evaluated by an elite panel of judges comprising of renowned professors from premier engineering institutions and distinguished experts from various functions of Schneider Electric viz. R&D, marketing & manufacturing.
The winning teams will be awarded a first prize of Rs. 1,00,000, 2nd Prize of Rs. 75,000 and 3rd Prize of Rs. 50,000.
For further details regarding the contest, visit www.schneider-electric.co.in/r&d/IC
For any queries, email anne.thomas@in.schneider-electric.com or call 080 41980000 Extn. 4625.
About Schneider Electric

Schneider Electric India Pvt. Ltd (SEI) in India is a 100% subsidiary of Schneider Electric Industries SAS, a global leader in the field of Electrical Distribution, Industrial Control & Automation. With sales more than Euros 13.7 billion and a strong force of 1,12,000 employees and market supremacy in over 190 countries worldwide, the company is well known for its unique vision, progressive management and above all for its exemplary Quality that redefines excellence. Schneider Electric entered India in 1963 through a first joint venture with Tata group. In the year 2000 Schneider Electric further consolidated its position in the Indian market by acquiring Crompton Greaves LV division and S&S Switchgear. In the year 2004, India witnessed Schneider Electric opening its first Global Technology Centre in Bangalore, India. With 480 employees working on product development, GTCI’s gamut of activities, include research in the fields of electro mechanical design and software development. The innovative products and technologies prepared at the centre are available in all markets across the globe.

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