All India Council for Technical Education will build research parks, one in each state, to promote research across industries.
The council would provide Rs 1 crore as seed money, while industry would have to provide a matching grant for the parks, to be set up on premises of an Institution, at least in a 3,000 square foot area,
AICTE wanted such parks in every state, and the industry can form a cluster and do extensive research on their needs with the assistance of the selected institutions
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