Net
Zero

ESG

Company
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Anita Lukose
Secretary, INVEST SZCAmit Kumar
President, INVEST

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T.S.Bhat
Conference Chairman

Contents
Indian Value Engineering Society (INVEST)

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About the Conference

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Registration

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Guidelines for submission of Abstracts and Papers

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Prizes & Awards

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Sponsorship opportunities

11

Venue and Contact Details

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Indian Value Engineering Society (INVEST)
NVEST was founded in 1977 for advancing the knowledge and technique of Value Engineering (VE) for
benefit of all sectors through its versatile applications for improving quality, productivity, profitability,competitiveness, and sustainability. INVEST undertakes its initiatives through PACE (Promote, Advocate,
Certify, Educate) activities involving a wide range of stakeholders. With a strong focus on fostering a ‘value
culture,’ INVEST serves as a valuable partner to industry and government alike.
INVEST is affiliated with SAVE International, USA and delivers training and certification programs in India
on its behalf. INVEST offers its own certification programmes on Value Engineering for students, trainers,
and professionals. These are practical, project-based trainings with a real-life project/s as a critical,
mandatory part for certification.
It has exclusive advisory services on applicationof Value Engineering for government andorganisations operating at scale. It collaborates
for designing and executing innovative, strategic
projects delivering high value for the society atlarge. INVEST also organizes periodic regional,
national, and international online and offline
events which have participation from students,
professionals, and organisations from diverse
sectors, both from India and abroad. INVEST also
has quarterly publication “INVAVE” with a widecirculation.

As a partner in Nation Building,
INVEST aims to evangelise ValueEngineering as a strategic
methodology to convert economic,
environmental, and social challenges
and opportunities into sustainable
competitive advantage forgovernment and industry at large.

About the ConferenceOver the centuries, humanity has achieved a phenomenal progress driven by science and technology. But
this development has been attained at the cost of enormous, irreversible environmental degeneration,
leading to immense loss to the planet. The resultant global warming, climate change and other natural
disasters pose a serious threat to existence of every form of life.
The depleting natural resources have implications on human development as well. The threshold has
already been crossed, unprecedented human and economic losses are rising steeply, and we are notprepared for it.
While massive efforts are being made across the world for ensuring sustainability and environmental
conservation, it is evident that the challenges with ever increasing complexity cannot be addressed
through the conventional solutions alone.

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A paradigm shift is needed to re-define our worldviews and re-invent ourmeans to evolve disruptive solutions with sustainability at core. This is nolonger an option, but a need for survival and balanced development.
On this background, the 39th Annual International Value Engineering
Conference, being organized by INVEST aims to provide an immersive
experience to the key stakeholders to ideate, deliberate and acquire
knowledge, tools and techniques that can contribute to the larger goal ofsustainable development.

The Conference Theme and Sub-themes
This year’s theme, "Sustainability through Value Engineering: Innovations, Strategies andBest Practices” is aptly aligned with the call for action by all key stakeholders.

Sub-themes

The sub-themes listed below emphasize integration of sustainability into Value Engineering
practices to inspire innovation and collaborations focused on maximizing sustainability in allareas of design, development, operations and executions of projects and ideas irrespectiveof the sector and type of organisation.

Integrating sustainability into Value Engineering practice
It pertains to adapting the Value Engineering practice to prioritize actions for sustainability,
inclusive of, but not restricting to waste reduction, conservation of natural resources, andpromoting renewable energy.

Innovations in sustainable Projects and Design
It involves showcasing innovative approaches for conceptualising sustainable

designs and projects such as “green construction,” use of sustainable materials, renewableenergy solutions, etc.

Measuring and communicating the “value of sustainability” through ValueEngineering
It entails integration of contemporary and emerging tools, techniques, systems, digital
innovations, and processes with VE, such that tangible and intangible value of sustainability
can be objectively quantified and measured.

Paradigm Shift in Value Engineering through Sustainable Development:
Innovations, Strategies and Best Practices
It has exclusive focus on research, case studies and projects involving application of ValueEngineering for enhancing or restoring sustainability of products, processes, systems,
projects, and organisations. Emphasis is on benefits for 3Ps – People, Planet and Profit.
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Who is it for?
The conference is bound to be a rewarding experience for every individual and institution across theglobe interested in learning, applying and practising Value Engineering for sustainability. It can bringimmense benefit to business leaders, administrators, entrepreneurs, experts, practitioners, consultantsfrom the public, private and non-profit sectors, and students of all disciplines.

What will it comprise of?
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Thematic panel discussions and deliberations
Sessions showcasing projects with outstanding accomplishments
Presentation of technical papers
Awards for best papers, innovations, and organisational achievements
Opportunities to collaborate with stakeholders
Stalls for showcasing of projects and ideas*NOTE: Professional Development Units (PDU) will be credited as per the sessions attended

Important dates
Conference

1st and 2nd Dec 2023

Early Bird delegate registration

27th Oct 2023

Abstract Submission

15th Sept 2023

Paper Submission

30th Sept 2023

Intimation of acceptance of paper

14th Oct 2023

Submission of presentation in power point

15th Nov 2023

Award entry submission

5th Oct 2023

Registration
Indian Delegates
Type of Delegates

Early
Bird Standard
Registration (INR)
Registration (INR)

INVEST Members

11,250*12,500*Non-Members

12,150*13,500*

Faculty

7,200*

8,000*

Students

5,400*

6,000*

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International Delegates
Early
Bird Standard
Registra on (USD)
Registra on (USD)

Type of Delegates

Delegates with SAVE Interna onal or Other Value
450*
Engineering Society Membership Aﬃlia on

500

Delegates without
Membership

540

600

Faculty

315*

350*

Students

225*

250

Value

Engineering

SocietyNote:*18% GST is applicable on registration fees of all categories
Additional 5% discount on 3 or more registrations from same organisation
INVEST PAN No: AAATI5586PINVEST GSTN: 07AAATI5586P1ZX

Registration fee includes:
Lunch and refreshments
Delegate Kit
eSouvenireVersion of INVAVE Journal with award-winning paper/s
Publishing of papers selected by the Jury in upcoming INVAVE issues
Publishing of prize and award with winners on INVEST social media and website

Online Payment of registration fees
Name
Bank name & address
SB A/C No.
RTGS/NEFT/IFSC Code: Indian Value Engineering Society-SZC: ICICI Bank Limited, K.D. Road, Mysuru – 570002: 015201015582: ICIC0000152

Offline Payment
Cheque / DD shall be drawn in favour of
Indian Value Engineering Society –SZC and mailed to below address:
T.S.Bhat
DGM, Procurement & Planningc/o Schneider Electric India Private Limited
MPS Purchase
KIADB Industrial Area, Hebbal, Hootagalli, Mysuru – 570018 (Karnataka)
Mobile: +91 9481437661
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Contacts for Delegate Registration
Registration of Indian delegates:
T.S.Bhat
Treasurer, INVEST-SZC
Mobile : 91-9481437661
E-mail : conf.info@invest-in.org
Raghavendra Rao
Vice Chairman, INVEST SZC
Mobile : 9886481507
Registration of international delegates:
Chandrashekar R
VP Communication, INVEST
Mobile: 9986008150
E-mail: conf.info@invest-in.org
Arjunraj P
Member, INVEST-SZC
Mobile: 8778983428

Guidelines for submission of Abstracts andPapersThe Conference invites papers from professionals and students on topics aligned with the conference
theme demonstrating or application of value engineering. These may be related to the application of ValueEngineering in design, innovations, manufacturing, processing, service, construction, turnkey projects,
government projects, social sector, academics, management, enhancing tools and methodology of ValueEngineering, etc. These are illustrative areas and authors are encouraged to submit papers on any otheraspects deemed relevant to the conference theme. The submitted paper should be original and should
not have been presented/published elsewhere. Papers will not be returned to authors and willautomatically become the property of INVEST for future publications.

Guidelines for Submission of Abstracts (Last date: 15 th September 2023)
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Word limit: 250 words, excluding key words
Font: Arial with 12-point size
Format: PDF only
Authors: ID size formal photo, full name, qualification, designation, organisation of both principal andco-authors
Contact details: Personal and official email id and mobile no of principal author
Abstract should be submitted in PDF format through www.investconference.info

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Note:
1. Abstract received only till deadline will be accepted
2. Compliance with all specifications is mandatory. Abstracts missing any of the above details will berejected.
3. All abstracts will be published in the eSouvenir

Guidelines for Submission of papers (Last date: 30 th September 2023)
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Text should be 11 points “Arial” font with a single column and single margin.
Use A4 (21 cm x 29.7 cm) size paper with min. margins of 2 cm on the left side, top and 1.8 cm on theright and bottom side.
Diagrams, tables, and photos may be included with appropriate labelling and sources.
All text including that in the tables must be readable
References should be mentioned in APA 7th Edition style (https://www.scribbr.com/apaexamples/website/).
Paper should be submitted in PDF format through www.investconference.info
Papers and award entries must be submitted online on respective categories only Please refer to theChecklist for Paper Submission for ensuring compliance. All text including that in the tables must be
readable References should be mentioned in APA 7th Edition style (https://www.scribbr.com/apaexamples/website)
Pen profile of all authors up to 50 words each to be included.
Submission - Last date: 30th September 2023

Submission of Presentations

Presentations in power point and pdf format should be submitted along with the full paper.
Submission - Last date: 15th November 2023

Paper Presentation

Selected papers shall be presented by the Author(s) only in person. A maximum of 15 minutes with 5
minutes for discussion will be allowed.

Paper Evaluation

Papers will be evaluated based on objective scoring for compliance to Value Methodology as promoted
by SAVE International, quality, and originality of the paper by the technical committee comprising ofValue Engineering experts. Their decision would be final and binding.

Paper Publication Opportunities

Selected papers may be published in INVAVE, the widely circulated online Journal of the Indian ValueEngineering Society.

For more information:

Anita Lukose
Secretary INVEST-SZC
Mobile : 9980930053
E-mail : conf.papers@invest-ve.org
8Individual and Organisational Prizes & Awards for
Value Engineering papers and projects
Awards for professionals and students
INVEST awards for best technical papers by professionals and students.Papers with excellent quality interms of content & technical accuracy will be awarded prizes as follows:First Prize
INR 10,000 (Rupees Ten Thousand), Certificate, and Max. 1000 USD equivalent amount re-imbursement
for attending Value Summit, USA
Second Prize
INR 7500 (Rupees Seven Thousand Five Hundred), Certificate and Max. 500 USD equivalent amount reimbursement for attending Society of Japanese Value Engineering (SJVE) conference, Japan
Third Prize
INR 5,000 (Rupees Five Thousand), trophy & certificatea) Best paper in non-technical category:INR 5000 and certificateb) Best paper from academia:
INR 5000 and certificatec) Best paper from other categories:
INR 5000 and certificate

INVEST Awards for Organisations
These awards are open to any organisation (public, private, academia or non-profit) based in India. A groupof organisations cannot enter collectively, but only as a unit by itself. The details of the projects must be
submitted online as per the respective guidelines. The winning organisation will be informed in advanceand requested to send a senior executive to receive the award during the award function of the conference.

Mohta Trophy

The award for the best value engineering effort, will be awarded to the leader of that Value Engineering
Team, which, in the assessment of the judges, has submitted the best value engineering project report ofa project or initiative implemented during the preceding year prior to the Conference date. The winningteam will make a presentation during the conference. The entry can be submitted by the Team Leader,certified by a business head or a very senior manager of the organisation (preferably by a Director,
President, Vice President or General Manager).

Handa Golden Key Award

This award along with a certificate will be presented to the organisation which demonstrates that it hasrealised the importance of value engineering as a systematic activity and in the opinion of INVEST, has
excelled in successfully deploying this technique to improve the total value of its operations and has also9

encouraged the dissemination of VE at all levels within the organisation during the past year. An
organisation winning this award is eligible for the same award only after a gap of two years.
Download the questionnaire and guidelines from INVEST website www.invest-in.org. The entry can besubmitted by the Team Leader, certified by a Senior Manager of the organisation (preferably by the
Director or General Manager).

Vasant Rao Trophy

This award is presented to an organisation which is adjudged as the next best based on the criteria for the
Handa Golden Key.

Kasi Award

This award instituted by Mr. Muthiah Kasi, a leading Value practitioner of the USA, past Chairman of Alfred
Benesch and company, a SAVE International Certification Board member and Trustee of Miles Value
Foundation, is primarily intends to promote innovation in Value Methodology (VM) or the application
thereof and motivate the Value Practitioners for using the VM for creative and/or new applications which
will either help create avenues or explore hitherto untapped or new areas, create an example,
learning/opportunities for Value Practitioners and may benefit organizations, government or society atlarge. Paper/case study submitted shall not be a simple modification or add-on of Value Theory or
application of VM to conventional product or process or similar case studies presented in VE Conferences.
Such papers/case studies shall distinctly demonstrate newness/innovation and not necessarily the VM Job
Plan or perfectness of using VM.
The award consists of trophy and certificate/s.Trophy can be received by individual author or by theteam. Preference given to papers, case studies applying customer oriented FAST diagram. Demonstrate
how functions and particularly FAST diagram/diagrams has/have helped to solve the problem and /or
led to creative solutions/innovation. This award shall not be combined with any other awards.

KSRM Sastry Award

Sponsored by Mr. KSRM Sastry, CVS Life, a leading Value
Practitioner and past Chairman of INVEST Certification Board,consists of a trophy, certificate and a cash prize. It is aimed atmotivating the Value Practitioners for the best utilization of'Function and Creativity' to derive the best possible solutions.
The team which demonstrates that properly identified anddefined 'Functions' in their project enabled them to creatively
generate the best solution, will be eligible for the award. The
Project Leader can submit the paper/award entry covering thefollowing details of the project endorsed by the senior
management of the organization:
The paper should include: Brief description of the project.
 Full list of Functions identified.
 Functions chosen for creativity, and the ideas generated.
 Ideas shortlisted against each function.
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Selected proposals for each function with their expected benefits.
Explain how in your opinion the right definition of the function helped in realizing the best solution
and how it would help the organization.

Soundram Kannappan Medal

The medal will be awarded to a member who has delivered the highest number of lectures/sessions in a
public forum on Value Engineering during the period last 2 years. The spirit behind the award is toencourage members to spread the value engineering message widely and effectively. The details of theaward are as below:
 The award will comprise of a medal and a certificate and it will be given at the time of theconference.
 The applicant should be a member of INVEST in good standing, with valid membership.
 The lectures/sessions undertaken by the applicant for their own organisation's captive audience
will not be considered.
 A member awarded once will be considered for an award only after three years.
The interested members can submit the application with full details of lectures along with adequate proofof having conducted the same. The proof can be in the form of a letter from the organizers of the event
Contact for submission of award entries:
Anita Lukose
Secretary INVEST-SZC
Mobile: 9980930053
E-mail: conf.awards@invest-in.org
Notes:All award entries must be submitted online in respective categories, within cut-off dates. Only one Award
shall be awarded to a single entry.

Sponsorship opportunities
Event sponsorship
Category of Sponsorship

Amount (INR)

Platinum

4,00,000Gold

2,50,000

Silver

1,50,000

Delegate kit

1,00,000

Benefits
1-year corporate membershipFree entry for 5 delegates
Display logo on banners
1-year corporate membershipFree entry for 3 delegates
Display of logo on banners
1-year corporate membershipFree entry for 2 delegates
Display of logo on banners
Display of logo on kits

Interest for sponsorship may be expressed till 1 st Nov 2023.
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Placement

Rates (INR)

Second page

30,000

Full page

15,000Advertisements through Souvenirs
A commemorative souvenir will be released during theconference. It will be distributed to all the participants,
special invites and guests attending the Conference
from India and abroad. Advertisements in colour may beplaced in it at the given rates. Interest for advertisement
may be expressed till 1st Nov 2023

Opportunity for setting up Stalls
Space and requisite facilities would be available at the venue for exhibits and publicity.
Contact for enquiry regarding sponsorship, ads and stalls:
T.S.Bhat
Treasurer, INVEST-SZC
Mobile: 91-9481437661
E-mail: conf.ads@invest-in.org

Committees
Patrons

Mr. Amit Kumar, President INVEST & Chairman, SZC
Mr. Robert Stewart, President, SAVE International, USA
Mr. A Naveen Kumar, Immediate Past President INVEST
Mr. P S Reddy, Past President INVEST
Mr. S C Sarkar, Past President INVEST

Conference chairman

T.S.Bhat, Treasurer INVEST-SZC

Steering Committee

Mr. Amit Kumar, President, INVEST & Chairman - SZC
Mr. A Naveen Kumar, Immediate Past President, INVEST
Mr. Rajan Nagre, Chairman, ICB
Mr. KSRM Sastry, Immediate Past Chairman, ICB
Mr. Chandrashekar R, Vice President Communication, INVEST
Mr. S. S. Ahluwalia, Vice President, Administration, INVEST
Mr. Ajay Sharma, Vice President, Finance & Accounts, INVEST
Mr. Amit Ghosh, Vice President, Global Affairs, INVEST
Ms. Anita Lukose, Secretary, INVEST - SZC
Mr. Raghavendra Rao, Vice Chairman, INVEST - SZC
Mr. Rakesh Singh, Chairman, INVEST - WZC
Mr. P.K. Ghosh, Chairman, INVEST - EZC
Mr. Alok Ghoshal, INVEST – EZC
Mr. Sunil Kakkar, Chairman-NZC
Dr. Sonal Shivagunde, INVEST - WZC
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Organizing Committee

Amit Kumar, President INVEST & Chairman -SZC
Anita Lukose, Secretary, INVEST - SZC
Dr. H Ramakrishna, Jt. Secretary, INVEST - SZC
Raghavendra Rao H, Vice Chairman, INVEST - SZC
T.S. Bhat, Treasurer, INVEST - SZCD K S N Murthy, INVEST - SZC
Arockiam Daniel, INVEST - SZC
V Keshav, INVEST - SZC
Shighu Thomas, INVEST - SZCSheshadri C D, INVEST - SZCProf. Giri V S, INVEST - SZC
Marimuthu, INVEST - SZC
Anil Kumar, INVEST - SZC
Dayanand Bhosale, Chairman, INVEST - Pune Chapter
Vijay Mundhe, Treasurer, INVEST - Pune Chapter
Ajay Deshpande, Jt. Secretary WZC
Sudhir S Kamat, Treasurer WZC

Academia Committee

Dr. Ramakrishna H, Joint Secretary, INVEST - SZCProf. Giri V S, Member, INVEST - SZC

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VenueAddress

Phone No

: Hotel Shangri-La
56, 6B, Palace Rd, Vasanth Nagar
Bengaluru, 560001
India: +91 70222 81171

Room tariff

Guest Room Category - Deluxe RoomSingle - INR 13500+taxes
Double - INR 14000+taxes

Nearby hotels
The Lalit Ashok Bangalore
Ph: 080-68177777
Bloomrooms @ City Centre
Ph: 080-49938191
Fortune Select JP Cosmos
Ph: +91 804-243-4243
The President Hotel Kumara Park
Ph: +91 9900262033
Ibis Bengaluru City Centre
Ph: 080-42548000

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