The Cabinet on Wednesday decided to start industrial parks on higher educational campuses in the State.
It approved the Campus Industrial Park Scheme – 2024 as part of the initiative to set up industrial parks in unutilised land on the campuses. The scheme is designed to address the shortage of land for setting up industrial ventures in the State.
The government hoped that the project would help students cultivate entrepreneurship, besides establishing industry-academia linkages. A system to promote industrial production of new products designed through the research on the campuses will be designed as part of the scheme, said P. Rajeeve, Minister for Industries, in a communication.
