The document proposes establishing Educational Institutes Innovation Cells (EIICs) in higher education institutions in India to bridge the gap between academia and industry. The EIICs would take up projects from local organizations to be included in coursework, set up research labs, and organize internships and training. This would help address societal needs through student projects while also providing a skilled workforce for industries. Key activities of the EIICs would include course development, seminars, apprenticeships, infrastructure support, and maintaining a central database of solutions. The model aims to boost the economy by reducing import dependence and encouraging innovation, entrepreneurship, and applied research focused on domestic needs. Challenges in implementation include ensuring uniform facilities