The Government of India has sanctioned the establishment of research parks at 8 Indian Institute of Technology (IITs) and IISc Bangalore to promote science and Technology, and augment the research ecosystem, an official release stated.

In addition to IISc Bangalore, the research parks will be established at IIT Madras, IIT Bombay, IIT Kharagpur, IIT Kanpur, IIT Delhi, IIT Guwahati, IIT Hyderabad, IIT Gandhinagar.

These research parks at IIT Madras, IIT Kharagpur and IIT Delhi are functional and others are in advanced stages of completion, the government added.

“The main objectives of these Research Park are to have research collaboration with top-rated industries, to enable entrepreneurship and incubation of students and building strong academic linkages for the same, to increase outreach of academic content to industry and enabling industry to add value to academic programme through close collaborations etc.

To achieve the various objectives of Research Parks, these are normally established at Higher Educational Institutions of the country,” the release stated.