India, Aug. 7 -- TheIndian Institute of Technology Madras(IIT-M)has launched a School of Innovation and Entrepreneurship to create a world-class ecosystem to establish deep tech startups. The objective is to put the Institute on the Global Map of entrepreneurial universities.

IIT Madras is already home to India's largest 'deep-tech' startup ecosystem, with over 475 startups valued in excess of Rs 50,000 crore ($6 Billion)under the aegis of IIT-M Incubation Cell, together with several sector-specific incubators. These startups have cumulatively created more than 11,000 jobs, filed over 700 patents and have attracted Rs 12,000 crore in investments.

Through structured curricular and academic support, the Institute aims to catalyse the emer...