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Three rising scientific stars in India are recognized for their solutions to the nation's urgent challenges in malnutrition and diabetes, energy storage, and a new RSV vaccine.
MUMBAI, India , Nov. 25, 2024 /PRNewswire/ -- Tata Sons and The New York Academy of Sciences today announced the second cohort of Winners of the Tata Transformation Prize.
The Prize recognizes and supports visionary scientists in India who are developing breakthrough technologies that address India's most significant societal challenges in Food Security, Sustainability, and Healthcare. The goal of the prize is to drive impactful innovation and scale-up implementation of high-reward research.
Three scientists were selected from 169 entries from 18 Indian states by an international jury of leading experts. Each winner will receive INR 2 crores (approximately US$240,000) and will be honoured at a ceremony in Mumbai in December 2024. The jury included distinguished scientists, clinicians, technologists, and engineers from a diverse array of industries, government, and academic institutions, including Apple, IBM Research, the Bill and Melinda Gates Foundation, the National Institute of Advanced Studies, and the Indian Institute of Management Bangalore.
The 2024 Tata Transformation Prize Winners are:
N. Chandrasekaran, Chairman of the Board of Tata Sons, said, "We are pleased to announce the Tata Transformation Prize Winners for the second year. By supporting pioneering Indian scientists in scaling up their pathbreaking innovations, Tata Group hopes to improve the lives of the Indian people and develop India into a world-class innovator. This prize is intended to provide these scientists with the international visibility to promote these Indian technologies to the rest of the world."
Nicholas B. Dirks, President and CEO of The New York Academy of Sciences, said, "Congratulations to the second cohort of Winners of the Tata Transformation Prize. From addressing India's issues such as malnutrition and diabetes, to an RSV vaccine that reduces mortality in the most vulnerable populations, to improving India's energy storage capacity through greener, more cost-effective battery technologies – these scientists are using their innovations to bolster Indian society. Many thanks to Tata for sponsoring this visionary prize and our independent jury for volunteering their time and expertise."
ABOUT THE TATA TRANSFORMATION PRIZE
The Tata Transformation Prize was established in 2022 by Tata Sons, is powered by the New York Academy of Sciences, to support breakthrough, innovative technologies that address India's most significant challenges. By recognizing and supporting the implementation at scale of high-risk, high-reward research, the Prize will drive impactful innovation in scientific disciplines of importance to India's societal needs and economic competitiveness. The Prize will leverage the exceptional potential of scientists in India to address critical national challenges in three categories—Food Security, Sustainability, and Healthcare—and generate improved life quality outcomes across India and beyond. The Tata Transformation Prize recognizes one Winner in each category, with INR 2 crores (approximately US$240,000) for each Winner. Click here for more information about the Tata Transformation Prize.
ABOUT THE TATA GROUP
Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'.
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. These companies collectively employ over 1 million people.
Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.
Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Communications, Indian Hotels, Tata Digital, Air India and Tata Electronics. Website: https://www.tata.com
ABOUT THE NEW YORK ACADEMY OF SCIENCES
The New York Academy of Sciences is an independent, not-for-profit organization that, since 1817 has been committed to advancing science for the benefit of society. With more than 20,000 Members in 100 countries, the Academy advances scientific and technical knowledge, addresses global challenges with science-based solutions, and sponsors a wide variety of educational initiatives at all levels for STEM and STEM-related fields. The Academy hosts programs and publishes content in the life and physical sciences, the social sciences, nutrition, artificial intelligence, computer science, and sustainability. The Academy also provides professional and educational resources for researchers across all phases of their careers. The Tata Transformation Prize is the latest in a series of prominent awards and scholarship programs The New York Academy of Sciences and its partners present each year to accomplished early-career and established scientists worldwide. These initiatives, along with education and professional development programs for students and young scientists, reflect the Academy's broader commitment to strengthening and diversifying the pipeline for skilled and talented scientists globally. Please visit us online at nyas.org.
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