The other areas are business support services, an unmanned vehicle project, project management in the defence sector, logistics and producing advanced materials for aerospace and medical sectors.
The education foray is led by Tata Industries, which is providing the necessary software, hardware and electronics equipment, besides connectivity to schools.
The group is looking to invest over Rs 100 crore (Rs 1 billion) to begin with.
It has already tied up with 40-50 schools.
According to the plan, standardised education content will be loaded on a central server from which it will be delivered to schools.
At first, the curriculum will cover classes five to twelve and also offer content to improve the skills of teachers.
The company will also look at tying up with government schools to deliver digital lectures.
Tata Industries will also provide schools the flexibility of choosing subjects and offer packages which may include all subjects, a group of subjects or even one subject.
"The model does not replace the teacher in the class but complements him. Also, due to differences in the quality of teachers, a standardised content will help even teachers augment skills," said a person close to the project.
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