In an attempt to promote innovation and nurture the budding talent, the Indian Institute of Technology, Tirupati (IIT-T) has launched ‘Navavishkar I-Hub Foundation’ (NIF), a technology innovation hub (TIH).
There are 25 such hubs established by institutions of national repute such as IIT, IISc and IIIT across India, as part of the National Mission on Interdisciplinary Cyber Physical Systems (NM-ICPS). The Department of Science and Technology of the Union government has sanctioned a total outlay of ₹3,660 crore for the same and the amount is supposed to be spent in five years.