Ministry of Micro, Small and Medium Enterprises (MSME) has decided to create a national innovation hub at various levels involving different sectors. It has given the leadership of one such hub to Visvesvaraya
National Institute of Technology (VNIT).
All the National Institutes of Technology (NITs) will form a cluster in that regard with VNIT to act as nodal agency.
VNIT will coordinate with MSME and other NITs. Every NIT is expected to come up with four innovations. These innovations either will have relation with research or small scale industries. It is one of its kind of experiment and probably first in the country.
There is one more development has taken place for VNIT. It has already developed Incubation Centre where five projects are going on.
Considering its success, Indian Space Research Organisation (ISRO) has selected VNIT for its Research Innovation project.
The project will be run at VNIT’s Incubation Centre.
In placement section, last year 140 top companies had visited VNIT campus. This year despite pandemic, 100 companies visited and 86% of the students were
selected. The highest package is Rs 39 lakh.
The first batch of new course Geotechnical Engineering was admitted this academic year. It is a new course and has lot of scope initially in some limited sectors. But according to experts its vastness will increase.