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ASPIRE - IIT Bombay Research Park

ASPIRE IITB Research Park Foundation

Applied Science Park for Innovation Research and Entrepreneurship

Research Park brings together IIT Bombay’s intellectual strength, world-class R&D ecosystem, and the vibrancy of the tech industry. Conceived as a nexus for industry-academia collaboration, ASPIRE has evolved into a thriving space where science and technology are shaped to solve real-world challenges. Experience the pulse of innovation, partnerships, and breakthroughs that are driving smarter, future-ready solutions.

500,000+

Sq. Ft. Research Park Area

60+

ASPIRE member Companies

Co-located

With IIT Bombay

14000+

IITBS's Student Pool

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Facilities Industry-Academia Partnerships

G+14 Floors

State of Art Infrastructure.

Our Valued Members

Formation of Aspire

In 2016, the Ministry of Education entrusted IIT Bombay with a pivotal mission: to establish the Research Park within the sprawling campus in Powai, Mumbai. This led to the creation of ASPIRE – the IIT Bombay Research Park Foundation, a non-profit organisation dedicated to catalysing innovation and research with real-world impact.

Inspired by globally successful research park models, ASPIRE emerges as the epicenter, that connects knowledge, expertise, and resources seamlessly, fostering a strong and collaborative industry-academia ecosystem with a global outlook.

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Our Mission

Fostering academia-industry collaboration for research translation.
Nurturing world-class talent in emerging technology areas.
Supporting the development of a vibrant deep tech entrepreneurship ecosystem.

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Our Vision

To be a leading global hub for technology innovation that connects academia, industry, and entrepreneurship to create meaningful societal impact.

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Our Values

Our ethos is built on integrity, excellence, accountability, transparency, and empathy. Intending to foster academia-industry collaboration, we strive for innovation while remaining accountable to stakeholders, operating transparently, and addressing societal needs with compassion.

Bridging the Gap

ASPIRE fosters an environment that moves beyond ideation — connecting academic excellence with industry needs to tackle real-world challenges and deliver impactful solutions.

Cutting-Edge Hub

Equipped with state-of-the-art facilities and purpose-built workspaces, ASPIRE fuels a dynamic workspace to catalyse innovation across disciplines.

Empowering Talent

ASPIRE equips students with industry-driven research opportunities, offering hands-on experience that builds a pool of competent future professionals.

Our Team

Faces Behind ASPIRE

Meet the experts driving strategy, infrastructure and innovation.

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Driving innovation forward

Our team at ASPIRE comprises dedicated individuals driven by a shared passion for innovation and impact. With diverse expertise spanning various domains, we collaborate tirelessly to push the boundaries of possibility and shape a future defined by progress.

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