Every campus must become incubators for startups, promote innovation: Goyal

Campuses of all the institutes under commerce and textiles ministries should become incubators for startups and look for ways to promote innovation and entrepreneurship in the country, Union Minister Piyush Goyal said on Saturday.

He suggested this while interacting with the heads and senior faculty members of the Indian Institute of Foreign Trade (IIFT), Indian Institute of Packaging (IIP), National Institute of Design (NID), National Institute of Fashion Technology (NIFT) and Footwear Design and Development Institute (FDDI) here.

The minister also said these institutions should significantly increase their student intake.

"The minister called for improving campus placements by marketing ourselves better to the world. He asked the institutions to introspect if their education is tailormade to cater to the needs of tomorrow," the commerce ministry said in a statement.

The minister suggested considering having common campuses for more effective utilisation of resources and thinking