The Industrial Innovation Awards were instituted in 2014 with an aim at helping the Indian Industry in assimilating a structured innovation process through Enterprise Innovation Maturity Framework, a model developed by CII. The Awards while recognizing the champions of innovation among Indian industry, also enhance their competitiveness for the domestic as well as global markets.
CII has also created a special category under CII Industrial Innovation Awards to acknowledge all those significant contributionsof innovative solutions, which comes from ‘Research institutions’, which are seen as very crucial for assisting various firms, public and private enterprises in their endeavours.
CII has formulated an exclusive Innovation Quotient Framework for the assessment of research institutions applying for CII Industrial Innovation Awards. With this framework in place, institutions learn about innovation best practices while taking part in various stages of the award process.