Kochi, September 29, 2025 : The 15th
edition of the V-Guard Big Idea competition, a flagship event by V-Guard
Industries Ltd. to discover emerging young talent in the business and
engineering fields, concluded successfully. In this annual national-level
competition, Xavier Institute of Management, Bhubaneswar, won first place in
the Business Plan category, and VIT University, Vellore, secured the top spot
in the Tech Design category.
Mithun K. Chittilappilly, Managing Director, V-Guard Industries
Ltd.and Dr. Reenaa Mithun Chittilappilly presented the awards to the winners at
a function held at Radisson Blu, Kochi. George Muthoot Jacob, Independent
Director, V-Guard Industries Ltd. was the chief guest.
In the Business Plan category, Xavier Institute of Management,
Bhubaneswar, emerged as the winner, while IIM Jammu was named the runner-up,
and IIM Lucknow secured the second runner-up position. Special jury awards in
this category were presented to IIM Nagpur and Jamnalal Bajaj Institute of
Management Studies.
In the Tech Design category, VIT University, Vellore claimed the
winner’s position, with IIT Guwahati as the runner-up and Muthoot Institute of
Science and Technology as the second runner-up. IIT, BHU Varanasi and IIT
Palakkad received special jury awards in this category.
In this three-day event, Business Plan winners were chosen based on
how their innovative ideas could help V-Guard become one of the most prominent
consumer companies in the country. The Tech Design competition was held in
three categories: ‘Reimagining the Voltage Stabiliser,’ ‘Reinventing the Water
Heater,’ ‘Rethink the Mixer Grinder,’ and an additional ‘Open Innovation’
category.
“As India steadily transforms into a global hub for both technology
and manufacturing, we are witnessing unprecedented levels of investment and
innovation in our sector. At V-Guard, we believe the real power lies in the
creativity and vision of the next generation. The Big Idea Competition, now in
its 15th year, is our way of investing in young minds—offering them a platform
to imagine, innovate, and shape the future. We are proud to see this initiative
continue to inspire and nurture talent year after year,” said Mithun K.
Chittilappilly, Managing Director, V-Guard Industries Ltd.
The prize money for the Business Plan competition was ₹3 lakh for the
winner, ₹2 lakh for the first runner-up, and ₹1 lakh for the second runner-up,
while in the Tech Design category, the winner received ₹1.5 lakh, the first
runner-up received ₹75,000, and the second runner-up received ₹50,000.
Finalists of the competition will have the opportunity to secure
pre-placement interviews and summer internships with V-Guard Industries. They
also interacted and shared their ideas with senior representatives of V-Guard’s
top management.
