The Indian Institute of Technology (IIT) Delhi celebrated the 5th anniversary of its Technology Innovation Hub, I-Hub, Foundation for Cobotics (IHFC) today in New Delhi. The event featured an exhibition in which 25 IHFC-funded startups showcased their innovations, which included anti-drone systems and prostheses.
The exhibition was inaugurated by Secretary of the Department of Science and Technology Abhay Karandikar. Speaking on the occasion, Mr Abhay highlighted that the Union Cabinet has approved a fund of 1 lakh crore for research and development. He added that the fund will be used for research and development in the private sector.
