Big ideas, bigger support! ₹45 Lakhs from IHFC, IIT Delhi is empowering NMIT students

Oct 25, 2025

NMIT is delighted to announce that IHFC, IIT Delhi has sanctioned ₹45 Lakhs to the Co-Innovation Centre at NMIT, marking a significant boost to the institute’s innovation and entrepreneurship ecosystem.The funding includes ₹25 Lakhs allocated to Newrro Tech LLP, a startup incubated by the Centre for Robotics Research. An additional ₹10 Lakhs will support the R&D and commercialization of an advanced mobile robot platform.Furthermore, two M.Tech. (Robotics and AI) students will receive ₹5 Lakhs each along with internship opportunities at IIT Delhi, supported by a monthly stipend of ₹25,000.This milestone underscores NMIT’s commitment to advancing research, innovation and technological excellence.