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India inaugurates Innovation Complex to support startups and MSMEs

It aims to support regulatory studies, enable seamless tech transfers and address critical issues

India further consolidated its position as a global leader in startups and innovation with the inauguration of the CSIR Mega Innovation Complex in Mumbai. This is reported by IANS, a partner of TV BRICS.

The state-of-the-art complex spans nine floors and is designed to provide unparalleled support for startups, MSMEs, and industry stakeholders. With 24 fully equipped incubation labs, furnished office spaces, and networking hubs, the facility is set to accelerate India’s innovation trajectory.

The source claims that the complex bridges the gap between groundbreaking research and its real-world applications. It aims to support regulatory studies, enable seamless tech transfers, and address critical issues across sectors such as healthcare, chemicals, energy, and materials science.

This global innovation initiative is part of India's endeavour to create a sustainable and self-reliant future through technological advancement.

Photo: iStock