According to IIT Kanpur Director, Prof. Indranil Manna, a flexible electronic center will be set up at IIT Kanpur. The centre will be used to do research on electronic gadgets like TV and LCDs. Work on the project will commence within three months and the construction for the building will take around two years. Approximate cost of the project is around Rs.133 crore. Out of this, Rs. 113 crore will be funded by the Department of Electronics and Information Technology at the Centre while IIT Kanpur will have to raise Rs. 20 crore.
Extracted from ET, Feb 23,’15