Useful knowledge today is widely distributed, and no Organisation, no matter how capable or how big, could innovate effectively on its own. Open innovation is a more profitable way to innovate, because it can reduce costs, accelerate time to market, increase differentiation in the market, and create new revenue streams.

G. H. Raisoni College of Engineering is an Autonomous Private engineering college under Rashtrasant Tukadoji Maharaj Nagpur University, formerly known as Nagpur University and is located in Nagpur city. The college was established in 1996. The director is Dr. Preeti Bajaj.