Ghosh added, IITM Incubation Cell expects to incubate 60-100 new deep tech startups in the next one year, offering innovative and disruptive solutions in such critical domains as sustainable low-cost housing, AI/ML, AR/VR, robotics and IOT, nanotechnology, water and sanitation, air quality, batteries, smart mobility and EVs, education, healthcare, agri-tech, automation and manufacturing.
IITMIC will continue to develop systems, partnerships and processes tailored to support the unique needs in the creation and scale-up of deep tech startups. In this process, IITMIC aims to catalyse job creation and positively impact the startup ecosystem across the region.
Prof. Ashok Jhunjhunwala, Co-Chairman, IITMIC and IITMRP, said, “Today, the best minds of the country are either working in startups or leading one and IIT Madras
has by far the best startup ecosystem. Every startup coming out of here is totally unique and really touching the sky. Working in the startup is a unique opportunity to learn from the scratch unlike a corporate, 2 years of learning in startup is equivalent to 10 years in a corporate. This is your time to get into them, make a difference to your life first, then to the start-ups and then to the country.