CII higher education summit at Knowledgexpo saw words on industry – academia collaboration translating into action with the inking of a memorandum of understanding (MoU) between National Institute of Technology, Warangal and Hyderabad-based company Elico Ltd. The MoU was signed during a session on research partnerships between industry and institutes which saw captains from both industry and institutes brainstorm on this subject with vigour and passion.
Elico Ltd is the first analytical instrumentation manufacturing company in India based at Hyderabad. The Chairman and Managing Director of the company, Mr Ramesh Datla, who is also the Chairman of CII National Committee on Intellectual Property and who signed the MoU with the Director of NIT Warangal, Dr Srinivas Rao, said he looked forward to working once again with the academia to take forward some of the research work which his company was keen to take up.
As part of the MoU, joint research projects, both on short term and long term basis, which are of interest to Elico and NIT Warangal will be identified and implemented on mutually agreed basis.
Some key provisions of the MoU are:
- To conduct joint research projects.
- To impart industry-related training to make the academic model more employment oriented.
- To promote continuous development and upgradation of skills for both the teaching staff and students in order to successfully meet the growing needs of industry.
- To provide research opportunities and industrial exposure to Ph.D. students.
- To identify suitable projects and provide support for mutual benefit.
- To recruit students at all levels through ‘On Campus Selection Process’.
- To jointly approach funding agencies for carrying out R&D projects of mutual interest.
Greater Noida
November 21, 2014