The has approved funding of Rs 53 crore to be distributed among 10 technical and pharmacy institutes, includingCollege of Engineering Pune, Technological Universityto set up a centre of excellence.
AtCoEP Tech University, the centre will work on industrial product design with a Rs 5 crore grant. Institutions in Nagpur, Mumbai, andAurangabadwill also be part of this programme, the higher and technical Education department said.
Centers of Excellencewill be established over the next four years. Funding will be provided for the first four years and the institutes will run the Centre on a self-financed basis, Tidke said.