VE Commercial Vehicles (VECV) has signed a Memorandum of Understanding (MoU) with IIT Indore (IITI) for five years to facilitate the exchange of scientific information between the two parties' open channels for the development of competencies required for the rapid modernising auto and its future talent.
This partnership will also facilitate VECV employees to acquire MTech, MS(R), and Ph D degrees from IIT Indore. The MoU was signed by Prof Suhas S Joshi, Director, IIT Indore and Rajinder Singh Sachdeva, Chief Operating Officer, VE Commercial Vehicles.
Sachdeva said, “This is a VECV-sponsored programme for its employees. We will do a stringent internal selection process and hope to have an exchange of about 100 students and employees in a time frame of five years. This MoU will also enhance collaboration in research and academics in the areas of mutual interest.”
VECV employees must pursue online coursework in the first year as part of the MTech programme. Project work in the second year will be conducted either at VECV’s Pithampur and Bhopal Plants or at IIT Indore under the guidance of the assigned thesis supervisor(s) of IIT Indore.
Joshi said, “This cooperation will cover joint research, scientific mobility, exchange of scientific and technical information, exploitation of research results and technology transfer. It will also help in training VECV employees, the internship of students from IITI, and facilitation of workshops, research and consultancy projects.'
Such partnerships between corporates and academic institutions have the potential to produce cutting-edge technology that is affordable and can support the Make in India effort. They also have the potential to make Indore one of India's leading research and development centres.
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