News/City Updates

First-of-its-kind Intelligent Hub to be set up in Andhra Pradesh

iHub (Intelligent Hub), a first-of-its-kind global research centre for scientific learning would be set up in Andhra Pradesh.

With a starting investment of Rs 245 crores, the iHub would be established in the state as the State Government signed an MOU with UNESCO and Mahatma Gandhi Institute of Education for Peace and Sustainable Development (MGIEP).

The location for the setup is yet to be finalised as the officials are in research according to the required essentialities.

“There will be an initial seed funding of Rs 245 crore for startups and operational expenses. Our government will provide a guaranteed demand from government schools for training purpose and also the educational institutions can procure learning products from the International Hub. It will have a license to operate Global Design University also,” an official told PTI.

The official mentioned that with only two percent is digitised out of USD 5 trillion and thus the Andhra Pradesh Government has come up with the Intelligent Hub idea.

“Some of the social and economic objectives of iHub will be to create 50,000 future-ready skilled manpower, reduced school dropouts and capture the EdTech market,” the official said.

In various branches such as neuroscience, education, psychology, digital instructional design, educational technology, Artificial Intelligence, data sciences and gaming, about 40 International researchers would be provided as the initial staff.

While the cost of setting up would be three million USD and annual expenses of 2.2 million USD, consultancy services, publications, seminars, hackathons, and patents would provide the returns for the organisation.

The official said that “Global Certification” would be issued for the Hub.

Share
Leave a Comment

Recent Posts

Finance Minister Nirmala Sitharaman Addresses Viksit Bharat Ambassadors at GITAM

Finance Minister Nirmala Sitharaman visited Visakhapatnam on 29 April 2024, attending a Viksit Bharat Ambassador…

7 hours ago

Vote YSRCP back to power for continuation of welfare schemes: Jagan

In his first visit to North Andhra after releasing the manifesto on 27 April 2024,…

8 hours ago

All you need to know about ‘The World’, the first-ever luxury cruise-liner to visit Vizag!

Vizag has always been a city of many wonders. On 28th April 2024, it added…

9 hours ago

Vizag zoo gets two new giraffes, first scarlet macaw, and other animals from Alipore

On Saturday, 27 April 2024, the Vizag Zoo welcomed a pair of northern giraffes and…

10 hours ago

Exclusive residential luxury cruise ship, ‘The World’, anchors at Visakhapatnam

The Vizag International Cruise Terminal (VICT), on 28 April 2024, Sunday, welcomed the largest and…

11 hours ago

Vizag Shook the Pagoda Tree for Yale University

What could possibly link Vizag, a quaint coastal town nestled on India's Eastern Coast, with…

1 day ago