In June 2026, BITS Pilani and Axis Bank Limited signed an agreement to establish the Axis Bank-BITS Industry Research, Technology and Innovation Park at BITS Pilani's Hyderabad campus. Backed by a ₹100 crore CSR grant from Axis Bank, the park will focus on Life Sciences, Biopharma, Healthcare, Medical Devices, and Deep-Tech Innovation. Spread across approximately 1.2 lakh sq ft, the facility will house laboratories, incubation centres, and shared research facilities to support researchers, startups, and MSMEs.
Economy
BITS Pilani and Axis Bank Sign Agreement to Establish ₹100 Crore Innovation Park in Hyderabad
Key Points
- In June 2026, BITS Pilani and Axis Bank Limited signed an agreement to establish the Axis Bank-BITS Industry Research, Technology and Innovation Park at BITS Pilani's Hyderabad campus
- Backed by a ₹100 crore CSR grant from Axis Bank, the park will focus on Life Sciences, Biopharma, Healthcare, Medical Devices, and Deep-Tech Innovation
- Spread across approximately 1.2 lakh sq ft, the facility will house laboratories, incubation centres, and shared research facilities to support researchers, startups, and MSMEs
📋
📎 Read original source ↗Exam Note
• BITS Pilani + Axis Bank: ₹100 crore Innovation Park, Hyderabad (June 2026) • Funding: Axis Bank CSR grant; Focus: Life Sciences, Biopharma, Healthcare, Deep-Tech • Facility size: ~1.2 lakh sq ft; includes labs, incubation centres • Beneficiaries: researchers, startups, MSMEs through industry-academia partnership
