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