India, July 8 -- image credit- shutterstock

Indian Institute of Technology (IIT) Bombay and ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, have forged a partnership to expand the biomedical innovation hub at the country's premier technology and engineering institute.

Under this partnership, ICICI Foundation has pledged Rs 70 crore to set up additional floors at the Biomedical Engineering and Technology Innovation Centre (BETIC) at IIT Bombay and equip this area with advanced facilities.

The new floors, named 'IIT-ICICI BETIC Hub', will significantly expand IIT Bombay's capabilities in biomedical engineering, increasing its space five-fold to 19,700 sq. ft.

The hub will foster collaboration among r...