Software Technology Parks of India will set up an incubation centre onAndhra Universitycampus with 19.75 crore.
STPI (Hyderabad) director CVDRam Prasadmet AU vice-chancellor Prof PVGD Prasad Reddy on Friday and handed over the official communique.
The incubation centre will come up on about 25,000 square feet space in the varsity. Ram Prasad said the centre will be further extended, but only 19.75 crore will be spent on the first phase.