New Delhi, Feb 15 (IANS) Union Minister of State Dr. Jitendra Singh on Sunday praised the consortium-driven innovation model pioneered by IIT Madras Research Park, saying it has enabled fast and applicable commercialisation of know-how and is now being adopted by a number of different tutorial establishments and universities throughout the nation.
The Minister, who holds unbiased cost of the Science and Technology and Earth Sciences ministries and in addition serves within the Prime Minister’s Office, made the remarks throughout his go to to the Immersive Technology and Entrepreneurship Labs (ITEL) Foundation and different superior research amenities at Indian Institute of Technology Madras.
“This model is now being keenly picked up by other academic institutions and universities as well,” he stated.
During the go to, Dr. Singh reviewed ongoing tasks in areas akin to city mobility, area know-how, medical gadgets and mind research.
“The consortium approach, where industry partners are involved from the early stages of research and development, ensures that innovations are aligned with real-world needs,” Dr Singh acknowledged.
“This integrated model allows research outcomes to be translated more quickly into practical and market-ready solutions,” he added.
The ITEL Foundation, established in July 2024 as a not-for-profit Section 8 firm and recognised by the Department of Science and Technology, goals to place India as a world know-how chief.
It brings collectively tutorial establishments, trade leaders and traders to collectively develop deep-tech improvements and switch them on to the business sector.
One of the important thing demonstrations through the go to was the HASHTIC mobility initiative, which goals to deal with visitors congestion in Indian cities.
The mission proposes AI-enabled small electrical autos operating on elevated tracks above current roads, with the aim of lowering a 15-kilometre commute to round 20 minutes.
Dr. Singh additionally reviewed the work of Agnikul Cosmos, a personal area startup incubated inside the IIT Madras ecosystem.
The firm develops launch autos for versatile, on-demand satellite tv for pc launches and efficiently carried out its first mission in May 2024 with assist from Indian Space Research Organisation and IN-SPACe.
The startup is now making ready for a business mission of its reusable rocket later this yr — reflecting the rising function of personal gamers in India’s area sector.
–IANS
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