Naidu to inaugurate Ratan Tata Innovation Hub today
N Chandrababu Naidu
will inaugurate the Ratan Tata Innovation Hub (RTIH), the first govt-led incubator, on Wednesday.
Tata Group
chairman Natarajan Chandrasekaran and IT minister Nara Lokesh will also attend the event.
The vision behind RTIH is to create a platform where ideas become enterprises, young people become job creators instead of job seekers, and villages lead innovation. While Amaravati will be the central node of the RTIH, positioning itself as a hub for deep tech, AI, sustainability, and inclusive innovation, five spokes will be set up at Visakhapatnam, Rajahmundry, Vijayawada, Tirupati, and Anantapur.
The RTIH will support startups in incubation, IPR support, skill acceleration, digital transformation, and innovation. It will integrate statewide digital infrastructure such as real-time governance and Mana Mitra services. Each RTIH spoke will be managed through a non-profit entity, governed by corporate partners and academia, with govt playing the role of a catalyst to build a democratically decentralised model.
The RTIH has adopted global best practices like Israel's decentralised incubation networks, Finland's innovation clusters, Singapore's innovation economy, and the UK's catapult centres for applied research and development.
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