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The Technology Innovation Hub (TIH) at IIT Bhilai is one of the 25 hubs setup under the National Mission of Interdisciplinary Cyber-Physical Systems (NM-ICPS) program of the Department of Science and Technology
The TIH at IIT Bhilai is the nodal centre for spearheading Entrepreneurship, Research and Development, HRD and Skill development and collaboration related activities in the area of Financial Technologies
IIT BHILAI INNOVATION AND TECHNOLOGY FOUNDATION (IBITF) is a Section 8 company responsible for executing the activities of TIH.
Rs 55 crore is sanctioned by DST for the period of five years to the company which will focus on projects in arena of
Internet of Things