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GITAM plans special budget for startups

VISAKHAPATNAM: GITAM is willing take a step forward to promote ‘Make in India’ concept through the student community by starting its own incubation centres and startups with special budget allocations, said vice-chancellor Prof G Subrahmanyam.

Inaugurating the three-day national-level youth festival GUSAC Carnival-2015 at GITAM campus on Thursday, he said the university is encouraging the student community to take up research and supporting them in acquiring intellectual property rights by way of patent registrations. He suggested that the research outcomes be converted into commercial applications to match the ‘Make in India’ objective. He appreciated students who started their own ventures at Startup Village and registered their designs with the patent office. He advised the students to think about new concepts to digitalise villages and to help the community.

Greater Visakhapatnam Municipal Corporation Commissioner Pravin Kumar inaugurated the Digital India exhibition by the students as part of GUSAC Carnival. The first day of GUSAC Carnival was filled with entertainment and knowledge sharing with young writer Raveendra Singh interacting with the students.