Inauguration of ASPIRE – IIT Bombay Research Park Foundation building

Hon’ble Prime Minister Shri Narendra Modi virtually inaugurated the Aspire – IIT Bombay Research Park Foundation Building on 20 February 2024. The Research Park is a G+14 floor building with 5 lakhs square feet of built-up space. The event was honored by the presence of Member of Parliament Shri Manoj Kotak (Mumbai North-East), Chairperson of the Board of Governors of IIT Bombay Shri. Sharad Saraf, Director of IIT Bombay Prof. Subhasis Chaudhuri, Professor-In-Charge of Aspire – IIT Bombay Research Park Prof. Swaroop Ganguly and Institute functionaries. Director of IIT Bombay Prof. Subhasis Chaudhuri said, “IIT Bombay is extending the IITB Research Partnership program by investing in a dedicated facility, the IITB Research Park, where our industry partners can co-locate their researchers and staff in the IIT Bombay campus. The Research Park will be a hub for innovation and collaboration between academia and industry. It will be organised into clusters, in core and emerging areas such as Bio Engineering and Healthcare, Sustainability and Clean Energy, Semiconductors and Quantum Tech, Materials and Smart Manufacturing, eMobility, AI Robotics and automation, geospatial tech, etc. Each of these clusters will comprise, in addition to anchor corporate partners, startups from the IITB ecosystem in related areas, and IITB translational research labs and facilities. This close proximity between researchers, corporates, MSMEs and entrepreneurs will result in spontaneous and vibrant collaboration between all these participants of the innovation ecosystem”.