CANEUS and Maharashtra Partner for Mid-TRL Innovation Institute

CANEUS International, in collaboration with the Government of Maharashtra, announced a landmark partnership at the World Economic Forum in Davos. The initiative will establish the first Mid-TRL Innovation Institute in Mumbai, focusing on sectors like aerospace, space, energy, and deep technology.

The memorandum of understanding was signed by Maharashtra's Chief Minister Shri Devendra Fadnavis and Dr. Milind Pimprikar of CANEUS. This institute aims to bridge the 'valley of death' in innovation, advancing technologies from lab to real-world applications.

Spanning 10 million square feet, it will partner with OEMs, suppliers, and research centers, positioning Maharashtra as a prime investment destination. This initiative is aligned with Maharashtra's 2047 economic vision and the MIISP 2025 objectives to strengthen industry-aligned skills through public-private partnerships.