About Us

Kusters Engineering

Royal Dutch Kusters Engineering (KE) , founded in 1911, is a family owned business that develops and constructs customised machines for the safe and reliable destruction of banknotes and coins. In addition, we are active in waste reduction, destruction and recycling. Our company has installed over 700 systems in more than 70 different countries. Our head office is located in Venlo, the Netherlands, while regional offices can be found in India, Africa, Russia and the United States. Royal Dutch Kusters Engineering is a member of the Syntech Group.

For more information, visit: www.kustersengineering.com and www.kustersrecyclingsolutions.com


The National Institute of Design (NID) is internationally acclaimed as one of the foremost multi-disciplinary institutions in the field of design education and research. National Institute of Design is internationally acclaimed as one of the finest educational and research institutions for Industrial, Communication, Textile and IT Integrated (Experiential) Design. It is an autonomous institution under the aegis of the Ministry of Commerce and Industry, Government of India. NID has been declared ‘Institution of National Importance’ by the Act of Parliament, by virtue of the National Institute of Design Act 2014.

For more information, visit : www.nid.edu


Transform unfit shredded currency banknotes into value

The Kusters Engineering Prize has been set up as a result of a cooperation between Royal Dutch Kusters Engineering (KE) and the National Institute of Design (NID) Ahmedabad, Gujarat, India. The objective of this KE prize is to stimulate the development of ideas to transform briquettes of shredded unfit banknotes into something with value. The aim is to develop sustainable (green) design solutions for niche markets. It is desirable that the competition created here results in the discovery of a sustainable solution. This involves solutions that encourage the reuse of materials in order to reduce the scarcity of natural resources so as to create a cleaner, better world.

Important Dates
Registration Opens - 18th May 2017
Last Date for Registration - 28th June 2017, 12pm IST
Last Date for Round 1 Submission - 29th June 2017, 12pm IST
Announcement of shortlisted entries - 5th July 2017
Round 2 : Submission of Prototypes - 10th August 2017, to reach NID before 5pm IST
Announcement of Winners - 28th August 2017
Award Ceremony - 25th September 2017

Jury Panel

Paul Kusters

Managing Director

Kusters Engineering

Pradyumna Vyas


National Institute of Design

Sylvia Laurensse

Strategic Innovation Manager

Kusters Engineering

Pravinsinh Solanki

Coordinator, Furniture Design

National Institute of Design

Prof. Amit Sheth

HOD, Department of Design

Nirma University

Gauri Wagenaar

Head, School of Interior Design

Unitedworld Institute of Design

Praveen Nahar

Coordinator, Product Design

National Institute of Design

Contact Us

National Institute of Design,

Phone: 079-26605241 , +91 9727052999

Write to us at : info-keprize@nid.edu