Chennai (Tamil Nadu) [India], Jan 18 (ANI): Union Human Resource Development Minister Prakash Javadekar on Thursday said that the ministry has decided to form a panel to review the progress of the research parks at IITs across the country.
"We have provided funds for several IITs to set up such Research Parks. We will set up a committee to ensure the efforts of IIT Madras are replicated everywhere else. This is what the New India that the Prime Minister Narendra Modi is talking about", he said during the visit at the IIT Madras Research Park (IITMRP) today.
Javadekar interacted with corporate firms and start-ups that are operating from here.
He also inaugurated a newly built state-of-the-art conferencing facility.
He said, "The IIT Madras Research Park is a modern temple, which will guide the society for years together. The IIT Madras Incubation Cell and Research Park is a real interaction between Industry and Academia."
Javadekar also announced the launch of 'Smart Campus' campaign which aimed to 'Save, Conserve and Recycle Water' besides 'water harvesting.
IIT Madras is home to India's first university-driven Research Park, modelled along the lines of successful Research Parks of Stanford, MIT and Harvard University.
The research park is a national pioneering effort to catalyse collaborative research between industry and academia and enable technological innovation and nurture entrepreneurship. It houses the R&D and innovation wings of industry majors engaged in collaborative research and technology transfer with the faculty. (ANI)