Wednesday, June 3, 2015

Research Initiative | IIT BOMBAY WILL BE SETTING UP A RESEARCH PARK TO CONNECT INDUSTRY PROFESSIONALS


RESEARCH INITIATIVE

IIT BOMBAY WILL BE SETTING UP A RESEARCH PARK TO CONNECT INDUSTRY PROFESSIONALS WITH THE INSTITUTE'S STUDENTS IN A BID TO FOSTER THE SPIRIT OF INNOVATION

The Indian Institute of Technology Bombay (IITB) will soon set up a research park to build an ecosystem where academic researchers from the institute will work with industry partners in close collaboration on research problems, technology challenges and product innovation.

With a partial funding from Ministry of Human Resource Development, Government of India, the research park will promote and foster innovation at the campus.

As an initial step towards establishing the park, the institute recently organised a day-long academia-industry meet.

Devang Khakhar, director, IIT Bombay said, “The research park will mutually benefit the industry as well as the institute and will play a pivotal role in removing the barriers between the industry researchers and academic researchers.“ As part of his speech at the meeting, he welcomed suggestions from the industry on how the institute could build a good research park.

The event also included a panel discussion on the role of the research park in fostering academia-industry collaboration.The meet was attended by Debasis Bandyopadhyay, Vice President and Global Head, Tata Consultancy Services; R Muralidharan, CTO, Tata Power SED; Rajkumar Singh, Senior Director, Bharat Forge; Kapil Bardeja, CEO, Nanosniff Technologies Pvt Ltd, etc.

Modelled on the lines of the research park at IIT Madras, IITB's research park will assist companies with a research focus to set-up a base at the campus.These companies, whose founders need not necessarily be from an IIT, will get an opportunity to interact with the IIT faculty and students. It will also provide space for incubators, where startups can be nurtured. The park will also offer an opportunity to industry employees to enrol for the postgraduate programmes at the institute and participate in various academic activities.

Source | Mumbai Mirror | 3 June 2015

Regards

Pralhad Jadhav
Khaitan & Co


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