Bengaluru :Bosch India, a leading supplier of technology and services, has signed a pact with the Indian Institute of Science (IISc) for local research and innovations.
The Memorandum of Understanding (MoU) was signed in the presence of President Pranab Mukherjee at the Rashtrapati Bhavan yesterday, the company said in a statement.
“This partnership between industry and academia further enforces our ties with IISc and underlines our commitment towards local innovations, according to our slogan ‘Invented for life’.
“We expect to see positive results as we collaborate in research on areas of strategic interest, such as mobility, healthcare, energy and water,” Bosch Group India President Steffen Berns said in the statement.
“With the MoU sign off, we look to engage in deeper research that will improve the quality of life in totality,” IISc Director Professor Anurag Kumar said.
In May 2011, the Bosch Group had announced investments totalling Rs 300 crore to provide support for universities and research projects in Germany, China, India, and the US over a period of ten years as part of its global initiative ‘Bosch InterCampus Program’, Kumar added.
The programme aims to achieve lasting improvements in research conditions for undergraduates and scientists in the university sphere, he said.
Approximately Rs 115 crore was allotted for India to accelerate progress in highly promising fields like environmental protection, energy and mobility, Kumar added.
The Robert Bosch Centre for Cyber Physical Systems was set up at IISc with this grant and is in its fourth year, Kumar said adding that with the signing of the new MoU, Bosch and IISc will deepen their already existing relationship.
“These partnerships symbolise Bosch’s innovation focus in India. It will increase our problem solving capabilities, and at the same time the collaboration will result in sharing our learnings for the benefit of the society.
“I believe it is absolutely essential for the growth of innovation in India,” Bosch Engineering and Business
Solutions President Vijay Ratnaparkhe added.