AICTE to build one research park in each state

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