New Delhi: The Indian Institute of Technology-Madras (IIT Madras) has signed a Memorandum of Understanding (MoU) with British engineering multinational, Rolls-Royce, for “joint research programmes”, said IIT Madras in statement on Monday.
An agreement was signed by Jayaram Balasubrahmanyan, head of engineering, Rolls-Royce India and V. Kamakoti, associate dean (Industrial Consultancy and Sponsored Research), IIT Madras.
As part of the MoU, Rolls-Royce will also partner with IIT Madras on a “technical higher study framework” for the higher education of the company’s own engineers.
Upskilling
President, Rolls-Royce India and South Asia, Kishore Jayaraman said in a statement that apart from research, the collaboration will enable “upskilling and professional development” of engineers at Rolls-Royce.
As part of the Technical Higher Study Framework, Rolls-Royce will sponsor the master’s, or MTech, and PhD studies of a section of its employees.
The program is open to all permanent employees at the Rolls-Royce Engineering Centre in Bengaluru who have completed 36 months of service with the company. The initiative is in line with the company’s efforts to promote growth and career progression for its engineering talent, reports the indianexpress.com.
To qualify, employees must first clear the IIT Madras selection process, and their topic “should be aligned with Rolls-Royce strategic research priorities and capabilities”.
Such sponsorships are also crucial for raising funds, said an IIT director. He further added that since the older IITs are now taking loans for most of their infrastructure development and expansion, many are looking at such industry-sponsored programmes to raise funds.