• Chethan Machaknur

CII opens innovation centre for start-ups

Confederation of Indian Industry has set up a centre in Telangana to help startups to connect with large business houses and corporates.CII Centre for Innovation, Entrepreneurship, and Startups will also focus on deep-tech startups in the manufacturing sector.

"We want to look at the entire ecosystem of startups - all the way from how to take research from lab to market, how to look at innovation that's relevant to society, how to address the societal problems using startups, how to then encourage funding for both proof of concept as well as initial setting up for the business and then capital for scaling the business," S Gopalakrishnan, Chairman of CII, said.

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