NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, March 13, 2017

Technology, under Nitte University and NIT-K, Surathkal have been chosen as India’s first startup district with incubators by Ministry of Commerce and Industry.

Nirmala Seetharaman, minister of state for commerce and industry, who took initiative of making Dakshina Kannada as the start-up district with incubators has finalised two oldest technical institutes in the region.

Connectivity (air, road, sea and rail), presence of several education institutions, state-of-art facilities, student resources and infrastructure were key factors to get these institutions selected for the centre.

Confirming this to TOI, Vishal N Hegde, pro-chancellor (administration) of Nitte University said that recently representatives from both the institution had met Nirmala Seetharaman at Indian Institute of Technology, Chennai. Amitabh Kant, Chief Executive Officer, NITI Aayog too was present at meet. “Under Make in India and Start-up India initiative they have chosen two educational institutions. We will develop an innovation centre at Nitte that is similar to IIT, Chennai and put use for young entrepreneur minds,” said Vishal.