Publication – The Hindu
Pravriddhi provides a platform for enterprises, academia, research laboratories, and investors to collaborate to drive innovation and new product development for a self-reliant India
The Foundation for Science, Innovation and Development (FSID) at IISc. has launched Pravriddhi, a pan-India Product Accelerator Programme that unites premier Indian institutions and enterprises to develop innovative solutions through strategic partnerships and cutting-edge R&D.
FSID said Pravriddhi provides a platform for enterprises, academia and research laboratories, and investors to collaborate to drive innovation and new product development for a self-reliant India.
“The Viksit Bharat 2047 vision projects India to reach a GDP of USD 30 trillion by 2047, with 25% of this growth expected to be driven by the manufacturing sector. Pravriddhi aims to achieve this vision by promoting market-driven, design-led manufacturing and enabling India to innovate and compete on the global stage,” FSID said.
“With Pravriddhi, we aim to tackle these challenges by providing access to IISc’s world-class facilities, R&D expertise, and a robust network of strategic partners across India. By establishing innovation hubs nationwide, we intend to extend our proven program model to a broader audience, empowering diverse industries and fostering sustained economic growth and innovation across the country,” Prof. Govindan Rangarajan, Director of IISc, said.
