Mumbai, 05, October 2024: Kalpataru, a leading real estate developer in the Mumbai Metropolitan Region, is proud to announce the launch of Kalpataru Virtus, a premium commercial property set to redefine the standards of workspace innovation in Vikhroli West.

Strategically located at the heart of Mumbai’s emerging business districts, Gandhi Nagar Junction on the Jogeshwari Vikhroli Link Road, Kalpataru Virtus, offers easy access to Powai and upcoming metro stations. Located just 300 meters from Powai and near two forthcoming metro stations, the project ensures effortless commuting for employees and clients.

Designed as a grade A building to meet the highest sustainability standards, Kalpataru Virtus incorporates advanced energy-efficient systems, including a solar rooftop, organic waste converter, intelligent LED lighting, and a sewage treatment plant. The state-of-the-art 30-storey tower boasts a stunning full-glazed glass façade, creating a bright and inviting atmosphere.

With over 2.5 lakh sq. ft. of carpet area, Kalpataru Virtus offers a diverse range of commercial spaces, from 352 sq. ft. to expansive 13,000 sq. ft. units. Each unit features semi-finished interiors and attached washrooms, providing businesses with the flexibility to customize their workspace to their specific needs.

The building includes several key features aimed at providing functionality and comfort that prioritize sustainability, adhere to green building standards, and feature advanced energy-efficient systems at its core. Strategically located in Vikhroli West, it offers enhanced connectivity, with easy access to Powai and upcoming metro stations. Security and comfort are paramount, highlighted by high-speed elevators, a multi-level security system, and a dedicated visitor registration desk. Additionally, the thriving surroundings boast a wealth of educational institutions, healthcare facilities, and retail options, ensuring a vibrant and convenient lifestyle.

CONNECTIVITY

This project stands out due to its exceptional accessibility:

• By Train: Excellent connectivity through local train services, making commutes easy for employees and clients. The Kanjurmarg station is the closest, just 750 meters away, a short walks
• By Road: Major highways and roads provide seamless connectivity to various parts of the city and beyond
• By Rail: The proximity to rail services adds another layer of convenience for logistics and travel

New Delhi, October 5, 2024: The Federation of Indian Chambers of Commerce & Industry (FICCI) organized the Bharat R&D Summit 2024 in New Delhi, focused on boosting collaboration between industry and academia to drive research and innovation. Leaders from academia, industry, and government gathered to address challenges and explore opportunities for fostering India’s innovation ecosystem.

A FICCI compendium of technologies available for commercialization was also released during the event.

Key Focus Areas: Industry-Academia Collaboration

Ms. Jyoti Vij, Director General of FICCI, highlighted India’s strides in innovation but stressed the need for clear outcome metrics for research success and deeper industry-academia cooperation. She emphasized the importance of avoiding the middle-income trap by advancing towards a ‘Viksit Bharat’ through innovation.

Dr. Akhilesh Gupta, Senior Advisor to the Department of Science and Technology, underscored the role of public-private partnerships in overcoming barriers to technology readiness and called for greater private-sector involvement in research and development.

NEP 2020 and Translational Research as Catalysts for Progress

Prof. Sudhir Kumar Barai, Co-Chair of the FICCI Innovation Committee, discussed how the New Education Policy (NEP 2020) fosters multidisciplinary learning and promotes initiatives like the ‘Professor of Practice’ to bridge academic and industrial gaps.

Speaking on the occasion, Ms Anandi Iyer, Co-Chair of, FICCI Innovation Committee and Director, of Fraunhofer India Office emphasized the need for applied research models, such as Fraunhofer’s, to accelerate commercialization of innovations and better align academic research with industry needs.

The summit featured an exhibition showcasing over 50 research projects, reinforcing the message that increased private-sector investment and trust-building between academia and industry are essential for India to become a global innovation leader.