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Pravriddhi - Accelerating Growth Through Innovation

Pravriddhi

Accelerating Growth

Through Innovation.

Transforming industries by accelerating innovation, advancing product development and driving growth.

Learn More

→ Origin of Pravriddhi?

With a rich legacy spanning 115 years, the Indian Institute of Science has significantly transformed India’s research and technology landscape. To utilize its vast knowledge, infrastructure and talent to drive business innovation and bolster the national economy; IISc., established the Foundation for Science Innovation and Development (FSID) .

Inspired by its expertise of spearheading various large programs, FSID conceptualized “Pravriddhi”, an accelerator program crafted to usher in India’s next wave of innovation. Pravriddhi connects enterprises, investors and academia to expedite market driven innovations in manufacturing.

SamridDHI, funded by the Ministry of Heavy Industries, Government of India is one of the pilot programs, that is successfully developing products through curated R&D initiatives. It plays a vital role in promoting progressive indigenization of capital goods by partnering with various industries and leading Institutions. It drives the innovation and gearing up to develop new products through dedicated Industry Accelerators. It lays the groundwork for Pravriddhi, which now aims to accelerate and expand these efforts on a larger scale.

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→ Key Focus Areas

01

Import Substitution

We aim to reduce dependency on imports by developing indigenous alternatives, paving the way for Atma Nirbhar Bharat.

02

MSME and Corporate Support

We provide cutting-edge research, mentorship, and investment opportunities to businesses to scale their operations.

03

Export Potential Amplification

We accelerate products with high export potential to position India as a global leader in key sectors.

04

Employee & Skill Development

We enhance the nation’s workforce through targeted training and employment generation.

→ Program Approach

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