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Indian wins Asian innovation award

A Correspondent

Srinivasan Gopalakrishnan, the 50-year-old managing director of the Madras-based Hydrodrive Systems and Controls, has bagged the Far Eastern Economic Review Asian Innovation Award gold.

The innovation awards, which will be announced in the forthcoming issue of the magazine, ''recognize and celebrate this spirit of ingenuity and invention.''

Gopalkrishnan's company manufactures energy-saving devices, including an electronic catalytic converter, which works on all kinds of fuels, including diesel. He claims his converter "can reduce harmful emissions by about 60 per cent."

Gopalakrishnan claims his invention increases fuel efficiency by 10 per cent.

Thai businessman Woothiwong Toatong making prosthetics to be given away free is the joint winner of the gold.

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