Sponsored research up 300% in 5 years, IIT-D now eyes more
IIT-D has planned three research parks in its main campus and in Sonipat and Jhajjar to boost tech advancement, incubate more startups and promote industry collaborations
New Delhi: After having achieved a nearly 300% growth in terms of revenue in industry sponsored research in the past five years, the Indian Institute of Technology, Delhi (IIT-D) is eyeing even better returns from its ‘industry day’ this year.
On September 21, IIT-D will open up its facilities for the industry to take stock of the work happening in the institute. The events will be based on five themes: Clean energy for sustainable economy, medical technologies, environment; emerging nano and advanced material; and Make in India. The institute will also promote its PhD students for placements on that day. The research scholars will showcase their work to the industry participants who will conduct interviews.
The number of industry sponsored projects has doubled at the institute since 2014. From 164 industry sponsored projects worth Rs 87.1crore in 2014-15, the number grew to 317 worth Rs 347.52 crore in 2018-19. The highest revenue from sponsored research was recorded in 2017-18, which was worth Rs 417.19 crore.
IIT-D director V Ramgopal Rao said they was pushing for more industry-sponsored research so that there is direct benefit for the public.