Tata Motors and Indian Institute of Technology, Bombay, have signed an agreement to create a technological partnership in ‘areas of mutual benefit and interest’.
Mr. Gajendra Chandel, Chief Human Resource Officer, Tata Motors Ltd., and Professor Devang V Khakhar, Director, IITB, have signed a five year MoU, with an objective to ensure the ‘engineering needs of the future automotive industry’. Under this MoU, joint R&D projects will also be undertaken for development of new technologies in various engineering domains.
Go deeper with GlobalData
Mr Chandel said: “With the rapidly changing business landscape, it is imperative for us to foresee and plan for a world-class, competent, talented and innovative workforce to retain our competitive edge. By working with an esteemed Institution like IITB, we endeavour to continuously develop engineering skills not only within the company but also that of our academic partners.
“This partnership is a step in this direction, where we intend bridging the academic excellence with the business know-how from the industry. We are looking forward to pushing the boundaries of collaboration to develop industry-ready resources. This also supports the [India] government’s “make in India program” preparing the Indian Industry to compete at a global platform”.
Professor Khakhar, Director, IITB, said: “We are excited to partner with Tata Motors in various modes of collaboration. The partnership will enable joint basic research in specific areas which will feed into the future products of Tata Motors as well as advanced training of Tata Motors personnel. The faculty and students will greatly benefit by exposure to current industry practices and the roadmap of the future growth of the industry. We look forward to advancing knowledge as well as industry practice through the collaboration.”
In a statement, Tata Motors added that partnership will involve Tata Motors leveraging the top academic talent in the country and will help the company to not only build its functional expertise through research collaboration but also “contribute to strengthening the industry readiness of the talent stepping out of campuses through curricula building, live projects and various engagement interventions”.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataTata Motors plans to create talent pool and be the ‘destination of choice for automotive engineering professionals’.
