The President of India's Secretariat in association with Department of Science & Technology and National Innovation Foundation-India have  been organising a Festival of Innovation for the last three years at Rashtrapati Bhavan in the month of March. This year, the event was organised as Festival of Innovation and Entrepreneurship (FINE) from March 19-21, 2018.

One of the leading and globally recognised Indian manufacturers of diamond industry related technologies, Surat-based STPL, was one of the participants in this highly prestigious event. 

“FINE is a celebration of country's innovation potential, particularly those ideas which stem from grassroots level including the citizen at the last mile and also a reflection of power of children’s creativity,” STPL said. “This is a unique initiative of the Office of the President of India to recognise, respect and reward grassroots innovations and foster a supportive ecosystem.”

Further, STPL said the organisers, this year, apart from inviting  grassroots innovators and innovators nominated by various ministries, had invited leading innovators from the country to participate and present their innovations in order to make FINE more inclusive.

“STPL has been making headway in the field of ushering in an era of robotic and automation in the diamond industry and helping the nation stay at the forefront of this extremely demanding area of expertise,” the organisation elaborated. “STPL has developed the diamond world's First Robot, which makes the complicated aspects of diamond processing completely automated and error-free, thus helping the industry boost its production in terms of quantity and quality.”

It was their robotic technologies that STPL showcased at FINE. These innovations “are aimed at augmenting the efforts in the direction of Make in India, Digital India and helping strengthen the socio-economics of the nation,” the Company stated.

Bhargav Kotadia, Executive Director, STPL, said, "As we are collectively striving to  make our country a global super power, it is imperative that we recognise and encourage innovative initiatives and foster a conducive environment that boosts creative thinking. At STPL, we have always strived and aimed at enhancing the industrial growth of India through the best use of technology. We are also very proud about the fact that our innovations are increasingly being recognised and honoured at the national and global level."

Rahul Gaywala, CEO of STPL, said, "FINE has become a celebration of the country's innovation potential, and we are very happy and feel honoured to be an active part of it. STPL itself is firmly  focused on developing innovative approaches that can provide the solutions to our country's core problems. With our innovations like Robomatic, we are exceeding the needs of the diamond industry and will continue to do so."

STPL has earlier won prestigious global awards such as 'Good Design', 'Vision System Design' and 'India Design Mark Award' from Japan and America for its world class Innovation, Design and Automation Excellence.