Rs 100-crore technology innovation hub to be set up in IIIT Delhi

The Department of Science and Technology (DST) is to help set up a cognitive computing and social sensing hub called iHUB Anubhuti at the Indraprastha Institute of Information Technology (IIIT-Delhi) in New Delhi at a cost of Rs 100 crore in the next five years. years, a statement said on Monday.

“The National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) implemented by DST will create a seamless ecosystem for CPS technologies, including basic and applied knowledge generation, human resources, technologies, start-ups and industrial iHUB Anubhuti at IIIT-Delhi will build strong tripartite collaboration between industries, academia and government agencies and become both an aggregator and a custodian of the roadmap in the field of Cognitive Computing & Social Sensing,” said DST Secretary Ashutosh Sharma .

This Technology Innovation Hub (TIH) aims to provide solutions in four main sectors, namely health, law enforcement and security, education and environmental sustainability. The initiative aims to promote entrepreneurship and, as a result, produce results on a national scale, with an emphasis on boosting research and innovation, the statement said.

“The TIH plans to establish itself as a center of research, innovation and entrepreneurship in the fields of Cognitive Computing and Social Sensing and also build a nationwide shared facility for public research and commercialization,” said Prof. Ranjan Bose, Director of IIIT-Delhi and Principal Investigator at iHub Anubhuti-IIITD Foundation.

The hub will also nurture start-ups that have emerged from TIH projects. These entrepreneurial initiatives will be driven by the advancement of research and development. With a targeted approach to stimulate research and innovation, the project aims to stimulate entrepreneurship and in turn deliver results on a national scale.

TIH will be led by Mukesh Malhotra, who brings rich experience spanning more than two decades in various roles such as finance, corporate strategy, P&L management, marketing, mergers and acquisitions and commercials. He has been instrumental in starting several companies from the ground up and scaling them up in various multinational and Indian companies.

Leave a Comment

x