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This initiative was launched by noted industrialist Adi Godrej, chairman of Godrej group along with IIT Mumbai director Ashok Misra, at the IIT campus as part of the Institute's ongoing golden jubilee celebrations.
Speaking on the occasion, Prof Misra said this project is open only to the alumni, students, faculty and staff (past and present) of IIT Mumbai. "They can send their ideas from across the world in the area of science and technology.
A special website has been created which requires IIT Mumbai members to register and send in their entries by October 30, 2008," he said.
He said the entries will be judged by an international panel of eminent ideators and thought leaders, including Principal scientific advisor to the Government of India Dr R Chidambaram, Head of Nanoscience in Cambridge university Prof Mark Welland, Chief Mentor of Infosys Narayana Murthy among others.
The panel will be chaired by former President of India A P J Abdul Kalam, he added.

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I am an ex Ind.Airforce engg. I have an idea of an upward moving machine capable of lifting loads straight up to any height on the earth at a remarkable speed. A truckload of i.e cement from punjab plains to shimla can be transported at afraction of the cost by road transport.Like wise the loads\passangers from the hills to the plains can be similarly transported at the same costin a remarkably less timeThis machine is absolutely immune from the weather disturbances hence it can transport passangers to the summit like mt Everest safely.I visualise an old man on the top of the world being lifted up safer, smoother than the helicopter ridesince the vehicle can carry loads of oxygen or everything. This vehicle needs surphase contact to climb up hence it can't travel in air. Biggest of all it consume no electric or fossil fuel energy. This is ultimate in hill transportation technology.It can change the life on mountains and make living cheaper and speedier than in the plains.
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