Planning for ₹100 crore private research park in Perundurai completed

According to a report by Coimbatore's The Hindu, the planning work for a ₹100 crore private research park at the Kongu Engineering College campus in Perundurai has been completed. The project will be developed by the Kongu Vellalar Institute of Technology Trust.

This massive research park will be known as 'Arivukoodam' (Centre of Knowledge). The foundation for this project was laid earlier this year by Vice President C.P. Radhakrishnan. The structure will be 14 storeys high, housing satellite laboratories and research facilities for companies from various sectors. According to the trust's president C. Devarajan, the structure will have a built-up area of 20,000 square feet to encourage innovations for the development of new products. A New Delhi-based firm has been partnered for the architectural design, and the park will be constructed by URC Construction.

This research park will primarily focus on the development of chips and other high-value tech products. Companies from western districts and other locations will operate in this park. According to Devarajan, the park will also boost the innovation efforts of students pursuing engineering degrees.

Kongu Engineering College currently operates a Technology Business Incubator (TBI), which is supported by the Department of Science and Technology and the National Science and Technology Entrepreneurship Development Board (NSTEDB). This incubator has assisted 113 startups so far.

Kongu Engineering College is an educational institution located in Tamil Nadu, known for education and research in the field of engineering.