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Avish Joseph, IIT Bombay MBA graduate and a successful entrepreneur based in Singapore proposed that every new IIT in a state can be adopted by 50 companies. They can be run with partial govt funding. , run their innovations through incubation labs at special rates. He suggests developing a self sustaining, locally owned great institution which every state will be proud of. His incentive for companies who invest give them 4x tax deduction ...He was travelling and texted the message and it has been ready by a narrator.  

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