Tuesday, January 15, 2013

India - Research and Technology - How Indian companies can change the future of research?

Although IITs and a few top-notch institutions exist in India, many of the new colleges that have come up in the past 20 years lack necessary infrastructure. At the same time, research bodies too have lost touch with the needs of the country and the industry and cater to a programme that runs on churning out PhDs instead of working on innovations. The absence of a dependable and equipped higher education system in the country and a bureaucratic scientific tradition has thrown up a massive casualty: research.


Apart from companies, the government also appears to be convinced that the private sector can play a huge role in research. This is the reason why, after having extended invitations under the public private partnership (PPP) route to the industry to collaborate on building roads, airports, railways and water, the government sees a huge role for the private sector in research and development (R&D) as well.

This collaboration between companies and campuses has been cemented under the National Functional Knowledge Hub project. The Federation of Indian Chambers of Commerce and Industry (Ficci) started the knowledge hub programme and has planned five such regional hubs in the country to facilitate industry-academia linkages. "These programmes help the institutions to expose their students to the cutting-edge demands of their industry. It also helps companies find solutions through the research work done at these campuses," says Shobha Mishra Ghosh, head of education at Ficci.

Article Source: http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/how-indian-companies-can-change-the-future-of-research/articleshow/17998129.cms
Publication Date: 13 Jan 2013

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