KV Institute of Management and Information Studies organized a Guest Lecture on the topic “Exploring Sustainable Innovations in New Product Development Amid Current Trends” on Monday.
Dr. Devaraj Director of Khayzen System India (P) Ltd., Coimbatore, delivered an enlightening guest lecture. Devaraj commenced the discourse by elucidating the pivotal role of variable frequency drive (VFD) technology in conserving energy and optimizing power investments, underscoring its relevance in the current landscape of sustainable development. Drawing parallels with the ingenious methodologies of G.D. Naidu, celebrated as the ‘Edison of India’ he imparted valuable insights into frugal engineering and rapid prototyping, thereby instilling a sense of creativity and resourcefulness among the students.
Throughout the lecture, Dr. Devaraj addressed critical environmental issues, urging students to actively engage in ideating solutions to these challenges. Emphasizing the significance of trial and error in the innovation process, he encouraged students to adopt a proactive approach toward problem-solving, thereby fostering a culture of innovation and sustainability.
The lecture not only provided students with theoretical knowledge but also imbued them with practical examples and real-world applications, equipping them with the necessary tools to navigate the complexities of new product development in an ever-evolving technological landscape.
The session concluded with a thought-provoking screening of the movie ‘Miracle Man’ leaving attendees inspired and motivated to delve deeper into the realm of sustainable innovation.
Dr. Devaraj’s engaging discourse resonated with the audience, igniting a passion for exploring new avenues in product development while staying mindful of environmental sustainability.
