New Delhi, May 7 -- The Indian Institute of Technology Madras Global Research Foundation (IITM Global) has announced the establishment of its first centre in the United States, marking an expansion of Indias deep-tech innovation ecosystem into global markets.
The new centre, located in Menlo Park, was launched on April 24 and formally announced during the SelectUSA Investment Summit held at National Harbour in Maryland, reported PTI.
According to IITM Global, Chief Executive Officer, Thirumalai Madhavnarayan, the Menlo Park centre has been established through a partnership with CA Startups and will serve as a strategic base for the foundations operations in the US.
USD 7.5 Million Investment Planned
The centre will be developed wit...