The Indian Institute of Technology, Madras (IIT Madras) Pravartak Technologies Foundation has recently entered into a collaboration with the Jharkhand University of Technology (JUT) in Ranchi, marking a significant step towards fostering innovation and skill development in deep-tech fields within the state of Jharkhand.

This partnership aims to create a conducive environment for innovation, skill enhancement, and industry-academia collaboration, with a specific focus on supporting startups. Through this collaboration, both institutions intend to nurture a culture of entrepreneurship and technological advancement in Jharkhand.

Commenting on the collaboration, Professor V Kamakoti, Director of IIT Madras, emphasized the importance of leveraging technology and innovation to drive economic growth and improve technical education in the region. He highlighted the potential of this partnership to unlock new opportunities for startups and contribute to the overall development of Jharkhand.

The memorandum of understanding (MoU) between IIT Madras Pravartak Technologies Foundation and JUT will facilitate joint initiatives in research, innovation, and incubation. It will also enable knowledge exchange, industry engagement, and the development of industry-relevant skill sets among students and professionals in Jharkhand.

Key areas of focus for this collaboration include promoting entrepreneurship, supporting technology startups, and facilitating the transfer of technology from academia to industry. Additionally, the partnership aims to enhance the employability of students and promote a culture of innovation and creativity in the region.

Overall, the collaboration between IIT Madras Pravartak Technologies Foundation and Jharkhand University of Technology is expected to accelerate the pace of technological innovation and economic development in Jharkhand while also creating new opportunities for students, entrepreneurs, and industry stakeholders.

News Source: The Indian Express