With an objective to promote Engineering Excellence, INAE has instituted the following awards

The highest recognition from INAE – is given every year to two eminent Indian citizens who have made most distinguished contribution in the field of engineering/engineering research/engineering education/technology/engineering management which has brought prestige to the nation and are regarded as landmarks of technological development of the country. The award consists of Rs.5 lakhs in cash and a Citation. The last date of receipt of nominations is 15th day of May each year.

Prof. Jai Krishna and Prof. SN Mitra Memorial Awards are given to an eminent engineer, engineer-scientist or a technologist for Academic and scholarly achievements in any discipline of technology/outstanding research in engineering and technology and application thereof/ outstanding contributions in the management of education and research in engineering/ outstanding achievements and contributions in the Indian industry, engineering services or engineering projects. The last date of receipt of nominations is 15th day of May each year.

The award aims to recognize and honour teachers in Indian Colleges, Universities, and Institutions, who have provided guidance and inspired students to take up careers in Engineering and Technology. All disciplines of Engineering and Technology will come under the purview of this award. There will be a maximum of TWO such awards per year. The awardees shall receive a citation, a cash award of Rs. 1.0 lakh and a one time book grant of Rs.25,000/-. The last date of receipt of nominations is 15th day of May each year.

Young Engineer Awards, instituted in 1996, are given for engineering research, excellence in engineering design, technology development and technology transfer. The Scheme has attracted nominations of bright young talent in the country and has become a prestigious National Award since then. So far, 228 young engineers have been conferred this Award and their early recognition has encouraged the best upcoming talent to make innovative engineering and technological contributions for our national development. The award consists of Rs.1 lakh in cash and a citation. The last date of receipt of nominations is 31st day of March each year.

In order to increase the involvement with the industry; Indian National Academy of Engineering (INAE) has instituted the Innovator Entrepreneur Award with a view to encourage and recognize innovation and entrepreneurship among Young Engineers. The engineering innovations/inventions/concepts that have been actually realized and implemented in industry either in new processes or products would be given weightage. The award carries a cash prize of Rs 2 lakhs. The last date of receipt of nominations is 30th day of June each year.

Innovative Student Projects Awards, instituted in 1998, are given to identify innovative and creative projects undertaken by students at three levels, viz., B.E./B.Tech, M.E./M.Tech and Ph.D. in Engineering Colleges. This Award recognizes innovative and creative projects and theses of students and research scholars in engineering institutions, since an early recognition of merit and talent can often mark the beginning of a brilliant career. The last date of receipt of nominations is 7th day of July each year.