The Indian Institute of Technology (IIT) Bombay on September 27 signed a memorandum of understanding (MoU) with BITS Pilani to collaborate on research, innovation, and skill development. Under this partnership, IIT Bombay and BITS Pilani will focus on conducting joint research at their facilities as well as through third-party collaborations.
This MoU will outline cooperation in facilitating positive scholarly and industrial interaction, as well as knowledge transfer and developing technology according to societal challenges. The aims of collaboration are mainly in the form of a joint research project, consultancy, student internships, faculty exchanges, and developing modern technologies.
The collaboration between BITS Pilani and IIT Bombay will target some key objectives such as: upgrading knowledge management, further development of technology, and upskilling human resources by providing continuous education and more.
This MoU will enable research collaborations; consultancy in industry-focused areas; internships to students; and collective applications for funding of research. Both institutes will focus on ecosystem development, which will involve close collaboration between academia and industry by hosting visiting faculty and forming precompetitive consortia for research in emerging technologies.
“This MoU bridges academia and industry, opening new doors for research, skill development, and innovation. Together, we look forward to providing ample opportunities to our students so that they are all set to succeed in the future with the emergence of pharma, healthcare, and engineering,” said Professor Ramgopal Rao, Vice Chancellor of BITS Pilani.