Ranked 5th Position among “Privately Funded Institutions” in India by ARIIA 2019 an initiative of MHRD, GoI
Atal Ranking of Institutions on Innovation Achievements (ARIIA) is an initiative of Ministry of Human Resource Development (MHRD), Govt. of India to systematically rank all major higher educational institutions and universities in India on indicators related to “Innovation and Entrepreneurship Development” amongst students and faculties.
Vel Tech participated in ARIIA 2019 and received a big congratulation from ARIIA Team and its stakeholders for securing FIFTH position among the institutes in the country under the category of “Privately Funded Institutions” of ARIIA 2019.
Mrs.Rangarajan Mahalakshmi Kishore, Chairperson and Managing Trustee of Vel Tech received the award from Hon’ble President of India Shri Ram Nath Govind in the rank announcement ceremony of ARIIA held on 8th April 2019 at Vigyan Bhawan, New Delhi.
Major Indicators for consideration are Budget & Funding Support, Infrastructure & Facilities, Awareness, Promotions & support for Idea Generation & Innovation, Promotion & Support for Entrepreneurship Development, Innovative Learning Methods & Courses, Intellectual Property Generation, Technology Transfer & Commercialisation and Innovation in Governance of the Institution.
It is strongly felt that ARIIA ranking certainly inspires Indian institutions to reorient their mind-set and build ecosystems to encourage high quality research, innovation and entrepreneurship. More than quantity, ARIIA keenly focuses on quality of innovations and measures the real impact created by these innovations nationally and internationally. Moreover, It sets tone and direction for institutions for future development for making them globally competitive and in forefront of innovation .