Cyient, AICTE to Launch Innovation Cluster in Vizag
ECONOMY & POLICY

Cyient, AICTE to Launch Innovation Cluster in Vizag

Cyient Foundation, the CSR arm of Cyient Ltd., has entered into a strategic partnership with the All India Council for Technical Education (AICTE) to establish a city-level innovation cluster in Visakhapatnam, Andhra Pradesh. The Memorandum of Understanding (MoU) was signed in the presence of Shri Nara Lokesh, Honourable Minister for Human Resources Development, IT, Electronics and Communication.

The initiative seeks to transform higher education institutions into dynamic centres of innovation, entrepreneurship, and intellectual property creation. This pilot programme will serve as a model for similar clusters nationwide and is part of a broader effort to empower regional ecosystems.

The partnership will implement a structured innovation model, introducing iCARE (Innovation Creation and Research for Entrepreneurship) centres, iCAFE (Idea Creation and Auxiliary Facilities for Entrepreneurship) centres, and IPR-TT (Intellectual Property Rights and Technology Transfer) cells across select mentor and mentee institutions in and around Visakhapatnam.

Dr B.V.R. Mohan Reddy, Founder Chairman of Cyient and Chief Patron of Cyient Foundation, commented, “This collaboration with AICTE is a key step in making India a global innovation leader. By promoting entrepreneurship and supporting institutional development, we are fostering a self-sustaining ecosystem of innovation, IP creation, and industry-academia engagement.”

In addition to the innovation infrastructure, the programme will feature boot camps, innovation fairs, hackathons, and mentoring initiatives. These will aim to equip students and faculty with practical skills and resources to support real-world innovation and start-up growth.

Dr Abhay Jere, Vice Chairman of AICTE, said, “This partnership exemplifies the type of industry-academia collaboration that can transform India’s innovation economy. The cluster in Visakhapatnam will serve as a blueprint for future regional innovation hubs.”

The initiative aligns with the Government of India’s vision of Atma Nirbhar Bharat, focusing on innovation-driven regional empowerment. Andhra Pradesh currently has over 1,137 Institution’s Innovation Councils (IICs) established across technical and non-technical institutions, with major hubs in Visakhapatnam, Vijayawada, Guntur, Tirupati, Kakinada, Nellore, and Anantapur.

The three-year roadmap for the cluster will be supported through CSR grants and infrastructure development provided by Cyient Foundation. The effort is closely integrated with national initiatives such as the Smart India Hackathon and the Innovation Cell of the Ministry of Education, which have been pivotal in shaping a culture of innovation across more than 15,700 higher education institutions in India.

Cyient Foundation, the CSR arm of Cyient Ltd., has entered into a strategic partnership with the All India Council for Technical Education (AICTE) to establish a city-level innovation cluster in Visakhapatnam, Andhra Pradesh. The Memorandum of Understanding (MoU) was signed in the presence of Shri Nara Lokesh, Honourable Minister for Human Resources Development, IT, Electronics and Communication.The initiative seeks to transform higher education institutions into dynamic centres of innovation, entrepreneurship, and intellectual property creation. This pilot programme will serve as a model for similar clusters nationwide and is part of a broader effort to empower regional ecosystems.The partnership will implement a structured innovation model, introducing iCARE (Innovation Creation and Research for Entrepreneurship) centres, iCAFE (Idea Creation and Auxiliary Facilities for Entrepreneurship) centres, and IPR-TT (Intellectual Property Rights and Technology Transfer) cells across select mentor and mentee institutions in and around Visakhapatnam.Dr B.V.R. Mohan Reddy, Founder Chairman of Cyient and Chief Patron of Cyient Foundation, commented, “This collaboration with AICTE is a key step in making India a global innovation leader. By promoting entrepreneurship and supporting institutional development, we are fostering a self-sustaining ecosystem of innovation, IP creation, and industry-academia engagement.”In addition to the innovation infrastructure, the programme will feature boot camps, innovation fairs, hackathons, and mentoring initiatives. These will aim to equip students and faculty with practical skills and resources to support real-world innovation and start-up growth.Dr Abhay Jere, Vice Chairman of AICTE, said, “This partnership exemplifies the type of industry-academia collaboration that can transform India’s innovation economy. The cluster in Visakhapatnam will serve as a blueprint for future regional innovation hubs.”The initiative aligns with the Government of India’s vision of Atma Nirbhar Bharat, focusing on innovation-driven regional empowerment. Andhra Pradesh currently has over 1,137 Institution’s Innovation Councils (IICs) established across technical and non-technical institutions, with major hubs in Visakhapatnam, Vijayawada, Guntur, Tirupati, Kakinada, Nellore, and Anantapur.The three-year roadmap for the cluster will be supported through CSR grants and infrastructure development provided by Cyient Foundation. The effort is closely integrated with national initiatives such as the Smart India Hackathon and the Innovation Cell of the Ministry of Education, which have been pivotal in shaping a culture of innovation across more than 15,700 higher education institutions in India.

Next Story
Equipment

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

Next Story
Equipment

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

Next Story
Equipment

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App