Klein said the innovation center will foster local collaboration and shall help identify the particular technology that makes sense in the local market.

"Whether it would be on Web 2.0, virtualization, Java or open source, we target to produce developers for the next two years at the innovation center," she said.

Klein added the innovation center would also help in developing "21st century skills" among the student/faculty community as they would get access to 40 other IBM innovation labs and offices around the world.