IITs too realise that they must step up their efforts in R&D. R&D does need huge funding. The premiere institutions are considering corporate funded science parks and research centres which would be state-of-the-art.

IITB will have a research park on its campus. It is setting up a company (NPO) to manage and govern this park. IITM has already built a reserch park, and is considering a second one. IITD would like to set up research centres in Haryana. IITK has its research complex on the campus. IIT-Kharagpur will have a cenre in Kolkata.

The concept is to bridge the academia and the outside world.