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Creating the Next Wave of Social Entrepreneurs

TEAM 2ND INNINGS HOMES


MAKING YOUR 2ND CHILDHOOD AS BEAUTIFUL AS YOUR 1ST ONE

OFFICIAL CAMPUS WINNERS OF HULT PRIZE 2018


BITS PILANI-PILANI CAMPUS
ABOUT HULT PRIZE
LEADING A GENERATION
TO CHANGE THE WORLD

The Hult Prize was established in 2010 and is an annual, year-long competition that crowd-sources ideas from MBA and
college students after challenging them to solve a pressing social issue around topics such as food security, water access,
energy, and education.The Hult family – founders of EF Education First – donates USD 1 million in seed capital to help the
winning team launch a social enterprise.

The Prize is a partnership between Hult International Business School and the United Nations Foundation. Bill 2

Clinton selects the challenge topic and announces the winner each September; he mentioned it in a 2012 TIME Magazine
article about "the top 5 ideas that are changing the world for the better
AHMAD ASHKAR-CEO HULT PRIZE

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ABOUT 3D PRINTING
3D printing has taken the manufacturing
sector by storm. Leave aside the archaic
techniques of production, now the
world 3D prints! Also known as
additive manufacturing, this simple but
highly unique and efficient concept has
also made its way into the housing
sector. While still in it’s nascent stage,
with prototypes being presented all
over the world, we feel 3D printing has
the ability to disrupt the conventional
housing sector and set India in
alignment with the world super powers
in terms of infrastructure and designing.
When houses can be made under
$10,000 within a time-span of 2-3 days
with improved architecture and hyper
personalization, it’s sure to lure the
Indian consumers who’ve been facing
skyrocketing housing prices. To
conclude 3D printing is the next –
GAME CHANGER!
HOW DO WE WISH TO MAKE A CHANGE?
We are a group of young and enthusiastic first year engineering students who won the campus round of
Hult Prize against the many established start-ups of BITS Pilani, with our unique and much needed idea
of 3D Printed-Social Housing Societies for the old and aged in India.
Most of us dream of having a big retirement home, living a life of comfort and having a community that
we can interact with. However for many elderly people in India this dream never materialized. The fear
of loneliness, lack of healthcare facilities, the poor condition of old age homes has always been a
deterrent. While sons are settled abroad, daughters married in different cities, the elderly are left alone
in their second childhood. Thus they fall prey to the empty-nest syndrome. The rising cases of
Alzheimer's and Dementia in India are a clear indication that old-age is now becoming
synonymous to depression. To make a change, this is where we step in with our model of 2nd
Innings Homes.
For the elderly population in India safe and comfortable retirement homes can be built using these 3D
printers at prices affordable to them. We want to tackle the social stigma associated with old aged
homes and hence we plan to build these 2nd Innings Homes. A society of beautiful 3D printed homes
made for the old equipped with facilities like mess, healthcare, recreational centers etc. and a
community of like minded similar aged people. A report released by the United Nations Population
Fund and HelpAge India suggests that the number of elderly persons is expected to grow to 173
million by 2026 in India. Thus India which is one of the youngest countries will grow old some
day. Working on the sample of 10,000 elderly people in New Delhi, Agewell Foundation found that
every 4th respondent was living alone & almost every second elderly is living with the spouse
only.
While we might be the first Indian start-up to adopt this 3D printed housing model in India, the spark to
make a change has already been ignited in various other part of world including Russia, France and
China under the banner of Social Housing.
With our manufacturing sector at an all time low, civil
engineering facing a slump and the Indian housing industry
moving towards skyrocketing prices; it’s high time that India
catches up with the globally changing trends. The world now
stands at a tipping point, where housing and infrastructure
trends are fast changing. 3D printing technology has been
responsible for this massive disruption in the mainstream
process and is predicted to be the next game changer.
Using massive 3D printers, luxurious houses can now be built
within a time span of 4-5 days that too at nominal rates of
$10,000. Companies like Apis Cor and Icon have started
working on 3D printed homes already and have presented
sample prototypes in countries like Russia and parts of
Europe. In Nantes, France 3D printing has been aligned with
social housing, to build comfortable homes for the needy at
affordable prices.
We believe in the coming decade this technology will change
the face of our housing Industry. With IIT Madras catching up
to develop their own 3D printers, it’s time for young
entrepreneurs and engineers to implement this project on a
commercial scale and improve its scalability. This technology
will open new avenues for manufacturing and civil
engineering sectors, help promote the “Make in India”
initiative, increase investment and options in research and
also align India with global super powers in terms of
infrastructure.
EXCERPT FROM ARTICLE BY BBC INDIA AND BUSINESS INSIDER

India today has 100 million elderly people. If you take 5% of them as the middle class, it comes to five
million people. It is a huge number and there's hardly any availability of old-age homes. So there's a huge
market out there for realtors
- A Sridharan, Chief of Covai Senior Care Constructions

Mr Shekar says he chose to live in a retirement home because of "happiness that I share with my wife
and friends here".
"We are a set of like-minded people and love to share jokes and our life experiences. That's why I
chose this life.“
- KS Shekhar, father with sons settled abroad
I see manufacturing taking a profound turn with 3D printing technologies in the next five years,.
We'll see elite job shops grow, and new start-ups grow. We'll also see blue-collar employees
learn the technology and adapt and start wearing white shirts.“
S. Kent Rockwell, CEO of 3D printing firm ExOne, said in a PriceWaterhouseCoopers report
PROTOTYPES OF 3D PRINTED HOUSES MADE IN VARIOUS COUNTRIES

 Increased strength and durability.


 High speed construction with more
precision.
 Dramatically decreased
construction costs due to low
consumption of materials & labor.
 Greater flexibility and ease of
designing.
 Reduced carbon footprint and less
amount of wastage.
 Reduction of on site accidents.
 Minimal transportation requirement
of raw material.
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WHAT WILL BE OUR
TARGET LOCATIONS?

A serene environment, ready


healthcare facilities, favourable
state policies, religious
DEHRADUN destinations, greenery and a
pleasant weather would be the
most ideal characteristics
required in a place where we
wish to put up our 2nd Innings
Homes.

PONDICHERRY MYSORE CHANDIGARH


BASIC ROADMAP
Land Allocation and Buying
Construction of a society for the old by using 3D technology with
the help of foreign and domestic players

Invite elderly population to inhabit these 2nd Innings Home


equipped with requisite facilities

Selling some portions of our land for establishing hospitals, clinics, yoga
centres etc. to private parties

Onus of selling/renting the previously occupied residence of elderly people

Collaborating with players like Airbnb and renting them these old
rooms against payment
HOW WILL THIS HELP IN EMPLOYMENT GENERATION?
• Employing people who will be working to provide services at our 3D printed society will lead to massive job creation.
• Opening of subsidiary bodies such as clinics and hospitals around the society to cater to the needs of the old and aged.
• Open sourcing the designing process of our houses to architects to incorporate more designs.
• Advent of foreign technology will create awareness and lead to an all new domain for civil and production engineers
• Cement is used in excess in the 3d printed houses. We’re the 2nd largest producers of cement in the world and thus this
will boost manufacturing sector by increasing internal consumption.
• Inclusion of 3D printing will give an impetus to the research and development sector of various construction companies
and universities.
• Banking and Financing sector will also flourish with new policies coming up since these houses will cause an entire change
in housing loans.
• When government’s expenditure on healthcare for the old will decrease due to better standards of living, other sectors will
receive the surplus money.
• Producing these 3D printers can be one of the top notch agendas of the government under Make in India scheme with 11
more job options and funds being allocated in this domain.
POSSIBLE FUNDING ROUTES
 Government of India would be one of our biggest funding partners
because this idea aims at bringing a foreign tech to India and is catered
to a social cause.
 Funds can be generated from organisations like Reliance who happen to
be philanthropist partners to many organisations.
 NGOs will be ready to fund this initiative as it’s for a noble cause.
 Start-up India Action plan of 2016 which focuses on funding start-ups via
SIDBI.
 Angel investors and venture capitalist can also contribute to this cause.
 Various state sponsored programmes in Rajasthan to recognize young
talent from engineering colleges.
 Funds from winning competitions like Hult Prize that guarantees
1million USD seed funding.
 Collaboration based model with companies like Apis Cor and Icon who
are already into this venture.
MAITHIL MEHTA RUDHIR MEHRA NANDITA MATHUR BIR ANMOL SINGH

THE TEAM CONTACT US


MAITHIL- maithilmehta22@gmail.com
RUDHIR- rudhirmehra@gmail.com
HELP US MATERIALIZE OUR DREAMS. WE NEED NANDITA- nanditamathur1472@gmail.com
YOUR CONTRIBUTION TO MAKE IT A REALITY BIR ANMOL-biranmol2000@gmail.com
+91 8284868727

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