"Coastal defense in India is still far behind the global standards. We have developed an autonomous underwater vehicle for coastal monitoring. These are hi-tech water vehicles manned by robots that can monitor our coasts under water, and capable of taking defensive action with almost zero time lag under threat conditions. India does not possess such robots, our cost-effective solution can help the Indian defense industry," say IIT Kharagpur graduates Siddartha Khastgir and AnubhaV Sahoo, the winners of Intel India Embedded Challenge, 2012.

Another finalist Aurbindo J, a student of GEC, Thrissur believes that his bio-medical and health care solution will bring tremendous shift in the Indian health care industry, which is still behind global standards. "We have eliminated the 'time lag' in transferring accident or trauma case to hospital through ambulance. Although India already has a technology of telemedicine, it fails due to connectivity issues in a moving vehicle. We have solved this problem by using 3G technology. This is never done before in Indian health care industry," he informs.

These are just a couple of examples of the innovative solutions that came out of the Intel India Embedded Challenge, 2012 -- an initiative by Intel as a part of the Intel Higher Education Program. The initiative has brought forth many interesting innovations and that too by the students of various technology colleges in India. These projects cover a range of applications from socially relevant areas like education, medicine, rural development and environment, to commercially exciting areas like consumer retail, e-commerce, gaming, social networking, infotainment, and robotics.

The winners of the Intel India Embedded Challenge will have the opportunity to participate in 'The Next Big Idea', a technology entrepreneurship program conducted jointly by Intel India, the Department of Science and Technology, and the Indian Institute of Management, Bangalore. The new initiative aims to foster greater entrepreneurial growth across the country by acting as an incubator for outstanding ideas. The program assesses business plans and provides practical support to develop them into sustainable business models.

However, will such prized innovations by students help India get new entrepreneurs?

Jitendra Chaddah, Director--Strategic Development and Operations, Intel India retorts, "This is one of Intel India's platforms for engineering students and technical professionals that provides them an environment to cultivate their technological talents. Through this initiative, Intel India seeks to promote an ecosystem in which research and innovation can thrive."

"These ideas will be owned by these students only and we will support them all the time in promoting their ideas in the market," he adds.

H.P. Khincha, Chairman, Karnataka State Innovation Council aggress, "I am associated with this initiative since it started in 2009, and I have seen cases where it helped students entering into their own venture capital with these award-winning ideas," he says.

"You need to motivate Indian students to innovate because country is still not able to provide the best environment to students to think something new or innovative, though Indian students are among the best in world in terms of talent," adds Khincha, who has also served as the Vice Chancellor at Visvesvaraya Technological University.

With such opportunities to showcasing talent, India can hope to see new entrepreneurs coming in soon, and there could be an increase in Indian MNCs in future.