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flag IIT Madras' innovation model boosts tech startups, with projects like AI mobility and a 2026 rocket launch.

flag Union Minister Dr. Jitendra Singh commended IIT Madras Research Park’s consortium model for accelerating tech commercialization, highlighting early industry involvement to ensure real-world relevance. flag During a visit to the newly established ITEL Foundation, a DST-recognized not-for-profit, he noted the model’s expansion to other Indian institutions. flag Key projects include HASHTIC, an AI-driven elevated electric mobility system, and Agnikul Cosmos, a startup that launched its first mission in May 2024 and is preparing a commercial reusable rocket launch in 2026. flag The approach fosters deep-tech innovation through collaboration among academia, industry, and investors.

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