This Article is From Sep 16, 2010

Mumbai to have world class Innovation Park

Mumbai: Mumbai would soon have a world class Innovation Park, where 25,000 scientific experts from over 100 countries will work.

Maharashtra Chief Minister Ashok Chavan has given nod to set up world class Innovation Park in Mumbai, an official release said, adding the Mumbai Metropolitan Region Development Authority (MMRDA) will set up the park.

The Innovation Park will have a research and development centre where 25,000 scientific experts from over 100 countries will work. The Park will enhance the gross domestic production of the country and will create nearly one lakh jobs.

This is an important step to strengthen economic position of Mumbai Metropolitan Region and to generate more employment, the release said.

The Park will have Pharma, Bio-Technology Functional Food, Bio-Polymer Micro Electronics, Embedded System, Water Technology, Clean Technology, energy, fuel Cell, digital media and health sectors.

The Park also will have an International Convention Centre, International Research Centre, Business Incubator, Design Institute and Language Centre.

Maharashtra will become an important global destination for scientific conventions. In next three to five years, it will help increase gross domestic production of the state, the release said.


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