Part of NASSCOM’s initiatives to foster an Innovation ecosystem; S&T Park to be set up in Delhi jointly by Netaji Subhash Institute of Technology and Delhi Government under NASSCOM’s guidance.
Delhi Chief Minister Smt. Sheila Dikshit today stated that her Government has approved the Detailed Project Report prepared by NASSCOM for establishing a Science & Technology Park in Delhi. The proposed S&T Park will be established by the Government of Delhi at the Netaji Subhash Institute of Technology (NSIT) campus in Dwarka covering over 30 acres with a built up area of over 2 million square feet and will be in close proximity to the international airport. The Detailed Project Report for the S&T Pak was prepared by NASSCOM with assistance from PricewaterhouseCoopers through a consultative process involving detailed interactions with industry firms involved in R&D activities, academicians and research institutions.
Smt. Dikshit said “We see the Science and Technology Park at Netaji Subhash Institute of Technology (NSIT) as a strategic initiative to position Delhi as a pre-eminent R&D cluster for the knowledge industries which are today looking at undertaking advanced scientific research across various fields. The strong presence of industry, academia and other resources in and around Delhi enables high end R&D and innovation and this initiative is an attempt by us to create that opportunity. This initiative is a key milestone to establish Delhi as a global innovation hub and serve as a platform for holistic and sustainable industry and academia partnership, thereby attracting to Delhi and retaining high-quality talent. We are very pleased to kick start this activity and with NASSCOM’s continuing support and involvement in this pioneering project, we are confident of its success.”
This project is a part of the State Government’s effort to foster industry-institutional partnerships in the area of advanced technology research, provide opportunity for NSIT to leverage industry expertise to support advanced research and to position Delhi as an important destination for advanced research in IT, science and technology. Some of the areas identified for research at the Park are Information and Communication Technology, Biotechnology & Life-sciences, automotive technologies, Nanotechnology, Photonics, Environmental Sciences, Micro Engineering. While the Science & Technology Park will predominantly focus on research and development in emerging technologies, the Park will also include an incubator to promote entrepreneurship in technology innovations and plug-n-play facilities for use for young start-up firms.
President, NASSCOM Shri Som Mittal said, “The NASSCOM BCG Innovation Report 2007 highlighted that the lack of sustainable linkages between the ecosystem constituents, academia, user industry, R&D institutes and IT industry, is a key reason for the weakness of the Indian innovation ecosystem. Therefore a key part of NASSCOM’s innovation agenda today involves the promotion of an Indian innovation ecosystem through development of innovation clusters. The Science and Technology Park at NSIT can play the role of a catalyst in the development of an innovation cluster in the NCT region and thereby making it an important initiative towards the overall development of the Indian innovation ecosystem. Through this initiative we also aim to step up industry and academia interactions for capacity building in emerging technologies at both faculty and student levels. While there are a number of facilities in India for technology related activities, but only a very few focus on pure research and development making the NSIT S&T Park a first-of-its-kind in the country. We compliment the Delhi Govt for this important national initiative and assure them of NASSCOM’s complete support to make this a success.”
HIGHLIGHTS OF THE SCIENCE AND TECHNOLOGY PARK, DELHI – DETAILED PROJECT REPORT
1. Learning from Previous S&T Park Developments
This section of the report provides a brief overview of the similar S&T Parks that exist in India and abroad. It also emphasizes the key learning from these initiatives.
2. Feedback from Potential Stakeholders
Comments and feedback taken from the select stakeholders on the following constituents of the Park:
3. Focused Areas of Research
An assessment of the areas of research that the proposed S&T Park should focus on, are included here. It also elaborates on the methodology for arriving at these areas of research and the key success factors identified (including potential collaborations with other institutions) for these focus areas of research to succeed
4. Description on Park Constituents
This section gives the respective significance of various Park constituents and details on constituents like R&D Centre, incubator, plug-n-play facilities, etc. It also elaborates on the allocation of available space to these constituents.
5. Development and Governance Model
This section outlines the criteria used for the selection of a suitable development and governance model for the Park. It also gives an overview of the various development and governance models that can be employed for the Park.
6. Industry – Academia Collaboration
This section provides an insight into the various methods that could be adopted to strengthen industry-academia interaction, including policy framework for the same.
7. Financial Analysis
This section of the report provides a detailed analysis of the investments to be made in the Park and the subsequent returns expected from this Park. It also highlights the returns of the various stakeholders under different development models.
About NASSCOM
NASSCOM (www.nasscom.in) is India's National Association of Software and Service Companies, the premier trade body and the chamber of commerce of the IT software and services industry in India. NASSCOM is a global trade body with over 1100 members, of which over 250 are global companies from the US, UK, EU, Japan and China. NASSCOM's member companies are in the business of software development, software services, software products, IT-enabled/BPO services and e-commerce. NASSCOM has been the strongest proponent of global free trade in India. NASSCOM is committed to work proactively to encourage its members to adopt world class management practices, build and uphold highest quality standards and become globally competitive. In India and around the world, NASSCOM members are participants in the new global economy and are reputed for their cutting-edge business practices and social initiatives.
