BITS Pilani and Axis Bank Launch ₹100 Crore Innovation Park in Hyderabad

BITS Pilani has entered a partnership with Axis Bank. The collaboration will create a research, technology and innovation park. The park is slated for Hyderabad. Investment for the project totals ₹100 crore. The facility aims to foster research and startup activity. It will provide infrastructure for technology development. Both institutions expect the park to boost regional innovation. The announcement was reported by Hindustan Times.