Representatives from the Software Technology Parks of India (STPI) led by its Director G.C.V.D. Ram Prasad met Andhra University Vice-Chancellor P.V.G.D. Prasad Reddy here on Thursday.
The STPI has agreed to set up an incubation centre over 25,000 sq feet in the campus with a budget of ₹19.75 crore. In this regard, the STPI officials have given an official letter to AU evincing interest in setting up the incubation centre to the V-C. Soon, the STPI and the AU will exchange a Memorandum of Understanding (MoU) on the issue.
