Monday, June 8, 2015

IITs Plan Corporate-Funded Science, Research Parks



IIT Delhi, Kharagpur and Kanpur look for corporate push in an attempt to scale up research activities

The country's premier tech institutes are considering corporate-funded science parks and research centres as they plan to massively scale up their research activities.Indian Institutes of Technology (IITs) of Delhi, Kharagpur and Kanpur have laid out extensive plans to establish state-of-art centres for research.

IIT Bombay has already started groundwork for establishing a research park on the campus while IIT Madras, which already has successfully built a research park, is working towards a second one in Chennai.

These institutes plan to approach corporates to funds these projects, which they say will also help deal with faculty shortage as professors love to do research.

IIT Delhi has already floated an expression of interest to all prominent stakeholders in the industry for setting up two research centres in Haryana that would need funds upwards of . 200 crore, said Suneet Tuli, dean of re` search at the institute.

The IIT, which is already working towards setting up of a ` . 150-crore mini science park within its campus, is working towards setting up parks in Sonepat and Jhajjar in Haryana, which will create massive capacity for heavy researches in bio-chemical, mechanical and electronic engineering space, apart from high-performance computing and handling huge backend operations.

IIT Kanpur is roping in its professors to get sponsorship from the industry to hold research projects in the domain specific to companies at a proposed research complex within its campus.

“Only the faculty with highest bids will get the space for research for a limited number of years based on institute's evaluation,“ said AK Chaturvedi, deputy director at IIT Kanpur.

The institute will need around ` . 120 crore for this complex and it has set a target of a year for this ambitious plan. IIT Kanpur already has an incubation and innovation centre in place where around 30 companies can work simultaneously.

IIT Kharagpur is also working to wards setting up a research centre in Kolkata with the help of the state government. “We should be able to roll out our first activities out of this centre by 2017,“ said Indranil Sengupta of the computer science and engineering department and in-charge of the incubation entrepreneurship at the oldest IIT in the country.

The Indian government is also laying a lot of thrust on conducting industry funded research at IITs, according to a senior government official who did not wish to reveal his identity. “Research centres and science parks will help incubate best of companies and bridge the academia with the outside world. It will definitely provide opportunities to the faculty to fulfil their ideas,“ said TV Mohandas Pai, director of Manipal Universal Learning, who was also a former Infosys chief financial officer.
IIT Bombay, which recently set up a Biomedical Engineering and Technology (Incubation) Centre (BETiC) for physicians and engineers, is in the process of establishing a National Centre of Excellence in Technology for Internal Security (NCETIS). NCETIS will primarily develop solutions around security for police and paramilitary forces.

“It will try and engage with industry partners for possible commercialisation of the technologies developed,“ said IIT Bombay director Devang Khakhar.

He said the groundwork for establishing a research park on the campus had also started. Partially funded by the MHRD, an initial grant of ` . 100 crore has been agreed upon.

“The idea is to build an ecosystem where IITB academic researchers and industry partners work in collaboration on cutting edge research problems and product innovation,“ Khakhar said.

IIT Madras, which already has successfully built a research park, is now working towards its second in Chennai with the support of the state government. “Research driven by faculty and funded by industry is healthy for the IITs. With the additional 200 acres granted by the state government, we are focusing on setting up another large research centre,“ said its director, Bhaskar Ramamurthy. 

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Source | Economic Times | 9 June 2015

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Pralhad Jadhav
Khaitan & Co
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