New Delhi, Apr 28 (PTI) Prime Minister Narendra Modi will on Tuesday participate in the YUGM Conclave.
An official statement said YUGM (a Sanskrit word meaning confluence) is a first-of-its-kind strategic conclave convening leaders from government, academia, industry, and the innovation ecosystem.
It will contribute to India’s innovation journey, driven by a collaborative project of around Rs 1,400 crore with joint investment from the Wadhwani Foundation and government institutions, it said.
The statement said, “In line with the prime minister’s vision of a self-reliant and innovation-led India, various key projects will be initiated during the conclave.” These include superhubs at IIT Kanpur (AI & Intelligent Systems) and IIT Bombay (Biosciences, Biotechnology, Health & Medicine); Wadhwani Innovation Network (WIN) Centers at top research institutions to drive research commercialisation; and partnership with Anusandhan National Research Foundation (ANRF) for jointly funding late-stage translation projects and promoting research and innovation.
The conclave will also include high-level roundtables and panel discussions involving government officials, top industry and academic leaders; action-oriented dialogue on enabling fast-track translation of research into impact; a deep tech startup showcase featuring cutting-edge innovations from across India; and exclusive networking opportunities across sectors to spark collaborations and partnerships.
The statement said the conclave aims to catalyse large-scale private investment in India’s innovation ecosystem and accelerate research-to-commercialisation pipelines in frontier tech.
It seeks to strengthen academia-industry-government partnerships, advance national initiatives like ANRF and AICTE Innovation, democratise innovation access across institutions, and foster a national innovation alignment toward Viksit Bharat at 2047. PTI KR RHL
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