New Delhi: Non-profit tech organization Wadhwani Foundation on Tuesday said it has signed agreements with technical education body AICTE as well as four IITs and other premier institutes to set up a network of innovation centers across the country.
MoU signed with AICTE (All India Council for Technical Education), IIT Bombay, IIT Delhi, IIT Kanpur, IIT Hyderabad, IISc Bangalore and C-Camp to accelerate establishment of Wadhwani Innovation Network Centers of Excellence (WIN-COEs) Have been done. Commercialization of educational innovations.
These partnerships aim to translate academic and laboratory research by Indian faculty, students and researchers into real-world applications, the Wadhwani Foundation said in a release.
According to the release, “At present, less than 1 percent of higher education institutions in India are engaged in research.Their share in India's gross expenditure on research and experimental development (GERD) is only 9 per cent."
The release said WIN-COE aims to accelerate domestic research and discoveries to create an ecosystem that provides inclusive and equitable solutions from emerging technologies, as well as collaboration between industry, universities, research institutes and government. Promotes cooperation.
Ajay Kela, President and CEO, Wadhwani Foundation, said, “Emerging technologies such as advanced AI, synthetic biology and quantum computing hold immense potential for inclusive and equitable solutions.
“The establishment of WIN CoE will enhance such solutions and catalyze their application in real-world scenarios, putting India on the path to scientific economic progress.”
AICTE Chairman TG Seetharam said, “This collaboration drives innovation and entrepreneurship in top institutions, empowering young minds to lead the country with groundbreaking ideas and visionary spirit."
MoU signed with AICTE (All India Council for Technical Education), IIT Bombay, IIT Delhi, IIT Kanpur, IIT Hyderabad, IISc Bangalore and C-Camp to accelerate establishment of Wadhwani Innovation Network Centers of Excellence (WIN-COEs) Have been done. Commercialization of educational innovations.
These partnerships aim to translate academic and laboratory research by Indian faculty, students and researchers into real-world applications, the Wadhwani Foundation said in a release.
According to the release, “At present, less than 1 percent of higher education institutions in India are engaged in research.Their share in India's gross expenditure on research and experimental development (GERD) is only 9 per cent."
The release said WIN-COE aims to accelerate domestic research and discoveries to create an ecosystem that provides inclusive and equitable solutions from emerging technologies, as well as collaboration between industry, universities, research institutes and government. Promotes cooperation.
Ajay Kela, President and CEO, Wadhwani Foundation, said, “Emerging technologies such as advanced AI, synthetic biology and quantum computing hold immense potential for inclusive and equitable solutions.
“The establishment of WIN CoE will enhance such solutions and catalyze their application in real-world scenarios, putting India on the path to scientific economic progress.”
AICTE Chairman TG Seetharam said, “This collaboration drives innovation and entrepreneurship in top institutions, empowering young minds to lead the country with groundbreaking ideas and visionary spirit."
