The broad objective of this program is to enable technology-based new product development with global competitiveness and indigenization in Industrial machinery by companies in India. The specific area under the broad domain of Industrial Machinery that the Accelerator will focus on is – Rotating Machinery with cross-cutting capabilities of Material Testing/Characterization and industrial controls that are enabling capabilities for advanced Rotating Machinery.

The Accelerator Program, will partner with seven Indian companies to develop these innovative products in growth markets over 2.5-years residence time in the Accelerator.  The Accelerator will partner with the selected companies in a range of activities taken up in mission mode: developing a winning product and market strategy, followed by product design and development, leading to pilot manufacturing and market entry.