India, June 17 -- Axis Bank, one of the largest private sector banks in India, has signed a Memorandum of Understanding (MoU) with Birla Institute of Technology and Science (BITS) Pilani, to establish the Axis Bank-BITS Industry Research, Technology & Innovation Park at the BITS Pilani Hyderabad Campus.

This collaboration, with a Rs 100 crore CSR grant, marks a significant step towards strengthening India's deep-tech and translational research ecosystem by creating an integrated launchpad for facilitating deeper industry-academia collaboration, driving innovation and entrepreneurship.

With a focus on Life Sciences, Biopharma, healthcare and medical devices, the proposed Axis Bank-BITS Industry Research, Technology & Innovation Park at t...