Insta
NIT Trichy Ties Up With Tata Steel To Jointly Develop New Engineering Tech
Swarajya Staff
Oct 25, 2018, 12:32 PM | Updated 12:32 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
National Institute of Technology (NIT) Trichy has signed a Memorandum of Understanding (MoU) with Tata Steel Ltd to jointly develop new technologies, Times Of India (TOI) has reported.
The MoU underlines a three-year undertaking between the two to conduct research in different engineering domains. The director of NIT Trichy, Mini Shaji Thomas, termed it as a significant step and it would help the institute to develop a talented pool of students. NIT Trichy had recently tied up with the German company Siemens to set-up a centre of excellence at the cost of Rs 190 crore.
Commenting on the benefits that corporate India could derive from such partnerships, Vice President of Tata Steel, Suresh Dutt Tripathi said, “This partnership will bridge the gap between academic excellence and business requirements to create an industry-ready workforce.”
The Economic Survey of India 2018 had stated that the lack of investment by Indian private sector in R&D as one of the reasons for India’s spending on R&D to stagnate for the last 20 years.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.