To work with startups, DAE to build incubation centres in Mumbai, Chennai, and Indore By CIOReviewIndia Team

To work with startups, DAE to build incubation centres in Mumbai, Chennai, and Indore

CIOReviewIndia Team | Friday, 30 October 2020, 13:27 IST

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To work with startups, DAE to build incubation centres in Mumbai, Chennai, and Indore

To help entrepreneurs develop nuclear products for the society based on nuclear technologies, the Department of Atomic Energy will be establishing incubation centres at its units in the financial capital, Indore and Kalpakkam near Chennai. 

For the atomic energy sector, where the government had stressed on the need for public private partnerships in the nuclear sector, the establishment of the incubation centres is in line with Finance Minister Nirmala Sitharaman''s May 2020 reform proposals.  

"In the beginning, BARC (Bhabha Atomic Research Centre, Mumbai), IGCAR (Indira Gandhi Centre for Atomic Research, Kalpakkam), RRCAT (Raja Ramanna Centre for Advanced Technology, Indore) will have the incubation centres," Vyas said.

Vyas said, explaining that established technologies will be handed over to the entrepreneurs, “The incubation centres will take DAE''s already established ''Synapse Technologies'' to the wider society through relevant products.”

Vyas stated, “India has been trying to take its nuclear power capabilities to international level and work on the same has started with an agreement to train engineers from Bangladesh on various facets including maintenance.”

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