The Indian Institute of Science, IISc, Bangalore is planning to set-up a new centre by the name the Tata Centre for Interdisciplinary Research, TCIR. The Institute plans to set-up the new centre within the existing IISc campus by 2009. The cost of this new R&D centre has been approximated at Rs.2,000 crores.
The proposal would most probably receive nearly Rs.400 to 500 crores from Sir Ratan Tata Trust. The new centre would be spread on nearly 3,00,000 square feet. The emphasis would lie in creating services for emergency diagnosis including services for the elderly and the disabled and research on bio-molecular engineering.