IIT Bombay is setting up a Research Park called as “IITB Research Park Foundation” with a brand name called “ASPIRE” which stands for “Applied Science Park for Innovation Research & Entrepreneurship”, on its campus.

The main objective of this initiative is to foster academia-industry collaboration by enabling a two-way flow of knowledge and resources and by establishing a strong industrial relationship by starting R&D centres in the institute.

IITB Research Park Foundation is organizing a Conclave on "Data Science and Artificial Intelligence" on 27th October 2018, at Meluha the Fern, in Hiranandani Gardens, Powai, Mumbai.

The objective of this conclave is to foster collaboration between IIT Bombay and Industry. The event shall feature presentations by IITB faculty members showcasing the expertise available at IIT Bombay in the areas of Data Science & Artificial Intelligence; as well as presentations by the Industry. Some of the event highlights are as mentioned below and the detailed programme schedule can be viewed here.