Record Rs 700cr R&D funding for IIT-B, up from Rs 576cr in 2022-23
IIT Bombay has achieved its highest-ever annual R&D grant of Rs 700 crore, up from Rs 576 crore last year. The funding is sourced from government agencies and private industry. Key initiatives include the Maharashtra Drone Mission and hydrogen pressure vessel manufacturing. The institute aims to foster technological self-reliance through multidisciplinary research.
