In tune with Prime Minister Narendra Modi-led government’s ‘Make in India’ push, IIT Kanpur Research and Technology Park and IIM Lucknow Enterprise Incubation Centre have inked a Memorandum of Understanding to give a boost to innovation in the country’s startup ecosystem.


Abhay Karandikar, Director, IIT Kanpur and Chairman Board of Technopark, while throwing light on the MoU signed between both sides over a zoom call, said this association “will not only foster close linkages between academia and industry but will also open new avenues for resource sharing”.


“It would boost the entrepreneurial ecosystem and empower future innovators of the country,” he added.


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Karandikar asserted this partnership “has the real potential toamake a deep and tangible impact on not only Uttar Pradesh but also the country at large”.


IIM Lucknow’s Anadi Pande on his part said this MoU will “facilitate a collaborative exchange of ideas and knowledge between our start-ups and IIT-Kanpur and Technopark companies and our faculty”.


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“As an emerging economy, we need to fill in the institutional voids that have long existed to create something on the lines of the Silicon Valley and incubation and innovation is the only way out,” he added, IANS reports.