Axis Bank 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝗕𝗜𝗧𝗦 𝗣𝗶𝗹𝗮𝗻𝗶 𝘁𝗼 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵 𝗮 ₹𝟭𝟬𝟬 𝗰𝗿𝗼𝗿𝗲 ( ~𝗨𝗦𝗗 𝟭𝟮 𝗠𝗶𝗹𝗹𝗶𝗼𝗻) 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 & 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗣𝗮𝗿𝗸 in 𝗕𝗜𝗧𝗦 𝗣𝗶𝗹𝗮𝗻𝗶, 𝗽𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗹𝗮𝗯-𝘁𝗼-𝗺𝗮𝗿𝗸𝗲𝘁 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺

National, 17 June 2026: Axis Bank, one of the largest private sector banks in India, has signed an MoU with 𝗕𝗜𝗧𝗦 𝗣𝗶𝗹𝗮𝗻𝗶, an Institution of Eminence, to establish the Axis Bank–BITS Industry Research, Technology & Innovation Park at the BITS Pilani Hyderabad Campus. 

This collaboration, with a ₹100 crore CSR grant, marks a significant step towards strengthening India’s deep-tech and translational research ecosystem by creating an integrated launchpad for facilitating deeper industry-academia collaboration, driving innovation and entrepreneurship.

Spread across approximately 120,000 sq. ft., the Axis Bank– Birla Institute of Technology and Science, Pilani Industry Research, Technology & Innovation Park shall house laboratories, incubation spaces, and diverse shared facilities under one roof, especially supporting innovators from academia, startups and MSME domains through structured partnerships, co-design and co-creation of projects.

This will support technology transfer and IP management, and provide ready access to BITS Pilani’s academic expertise and talent.

Mr. 𝗞𝘂𝗺𝗮𝗿 𝗠𝗮𝗻𝗴𝗮𝗹𝗮𝗺 𝗕𝗶𝗿𝗹𝗮, Chancellor, BITS Pilani, said, “The partnership between BITS Pilani and Axis Bank is exactly the kind of forward-looking collaboration India needs to build stronger innovation systems. The Research Park will help BITS Pilani deepen its work in cutting-edge research and entrepreneurship, while also contributing to solutions that can make a meaningful difference to society. It is encouraging to see academic and industry leaders come together with a shared commitment to research, talent development and lasting national impact.”

Speaking on the occasion, Mr. Amitabh Chaudhry, MD & CEO, Axis Bank, said, “At Axis Bank, we believe that the future of inclusive and sustainable progress lies at the intersection of knowledge, innovation, and purpose. Our collaboration with BITS Pilani resonates strongly with our organizational ethos and our commitment to nurturing ecosystems that can solve real-world challenges. As institutions, we share a collective vision of building conscientious leaders equipped with knowledge and the unwavering resolve to make a difference.”

Our goal is to help create a scalable template for translating research into products and technologies, and in the process strengthen the lab to market ecosystem in India.