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About Us
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INDIAN VALUE ENGINEERING SOCIETY (INVEST)

Indian Value Engineering Society (INVEST) has been a pioneering force since its establishment in 1977 in advancement of Value Engineering (VE) in India. Dedicated to the Promotion, Advocacy, Certification, and Education of VE, INVEST is the sole authorized institution in India for offering comprehensive certification courses in VE. Our programs cater to students, trainers, and practitioners, aligning the curriculum with the Indian context and ensuring a holistic learning experience, encompassing lectures, assignments, and hands-on project work. It is also well-known for the high-quality, customised training programs and advisory services

INVEST is hosting the prestigious 40th Annual International Conference in Value Engineering, in association with the Kalinga Institute of Industrial Technology, Bhubaneshwar, India. The theme is “AI and the Future of VE”.  It is only of its kind in India and has global participation from the government, industry and academia. The conference aims to spark a dynamic exchange of ideas on how AI can be integrated with VE practices. This fusion holds immense promise for unlocking new levels of efficiency, productivity, and problem-solving across diverse sectors

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What will It comprise of?

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Keynote Speaches
Panel
Discussions
Paper
Presentations
Stalls &
Exhibits
Site
Seeing
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Student

Note: 

18% GST is applicable on registration fees of all categories 

5% discount is applicable for the same organization registering 3 or more delegates 

Any one of the discounts (early bird discount or 5% discount) will be applicable at one point of 

time 

INVEST PAN No: AAATI5586P 

INVEST GSTN: 07AAATI5586P1ZX

Registration fee includes: 

  • Lunch and refreshments 

  • Delegate Kit 

  • E Souvenir 

  • E version 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

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Call for Papers

Abstract and Paper Submission

The conference invites abstracts and papers from professionals and students on topics aligned with the conference theme demonstrating or application of VE. This necessitates that the papers based on projects and case studies should reflect the relevance of integration of AI with application of VE for optimising benefits. All selected abstracts will be published in the eSouvenir. The best papers will be published in INVAVE, the exclusive quarterly journal on VE by INVEST.

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 of VE experts. Their decision would be final and binding. 

Submit abstracts and papers via conf.papers@invest-in.org

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Prizes & Awards

Awards for Individuals

Three Best Papers
Three Best Papers awards will be presented for the best papers in both the technical and non-technical categories. These include cash prizes, certificates and reimbursement to to participate in various international conferences, including SAVE Value Summit.
Click here for guidelines

Soundaram Kannapan Medal
Soundaram Kannapan Medal, a prestigious award is given to a member who has delivered the highest number of lectures or sessions (at least 6) on VE in a public forum during the previous financial year.
Click here for guidelines.

Awards for Organizations

Handa Golden Trophy (1st Prize) Prof. Vasant Rao Trophy (2nd Prize)
These recognize organisational efforts for effective deployment of VE for improving the total value of its operations during the past year.
Click here for guidelines

Mohta Prize for Best Organisational Project
Mohta Prize is meant for promoting the best effort at organisational level for continued VE practice, evidenced by case studies or best practices of projects and initiatives during the previous year. 
Click here for guidelines

Vasant Rao Trophy
The organisation which is adjudged as the next best based on the criteria for the Handa Golden Key is eligible for the award.
Click here for guidelines

Muthiah Kasi Award
Instituted by Mr. Muthiah Kasi, it promotes innovation and creative application of VE . It includes certificate, trophy and reimbursement up to 1000 USD for participation in conferences.
Click here for guidelines

KSRM Sastry Award
KSRM Sastry Award Instituted by Mr KSRM Sastry, it is awarded to organisations that demonstrate creative application of applying VE for developing best possible solutions.
Click here for guidelines

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Sponsorship Opportunities

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Advertisement in eSouvenir

It is published before the conference. It is released in inaugural session itself.  

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Event Sponsorship

Advertisements in souvenir published before the conference. It is released in inaugural session. 

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Stalls and Exhibits

Space will be provided at the venue. These can be set up
for 2 days. 

Site Seeing Tour

A trip is arranged for the interested participants to take around Bhubaneswar and Puri on 17th November evening on a chargeable basis.  

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Bhubaneshwar

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Chilka Lake 

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Udayagiri 

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Chandipur 

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Puri

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Venue and Contact Details

Venue

The Crown: A1/(a, Indradhanu Market, IRC Village, Nayapalli, Bhubaneswar,
Odisha 751015

Phone No: 0674 668 8888

Garima Gaurav

Secretary,  Eastern Zonal Council

Mobile: +91 92345 67671

Chandan Singh

Treasurer, Eastern Zonal Council

Mobile: +91 70047 01052

Glimpses of 39th Annual International Value Engineering Conference, 2024, Bangalore, India 

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