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Business Economy


Tata Tech to set up 5 centers for innovation, invention & incubation in Punjab

New Delhi, Sep 18 (UNI) Global engineering services provider Tata Technologies Ltd signed a Memorandum of Understanding (MoU) with IK Gujral Punjab Technical University (IKGPTU) to promote technical education by setting up five Centers for Innovation, Invention & Incubation (CIIITs) in Punjab.
"The objective of establishing these CIIITs is to facilitate innovation and skill development of students & industry professionals who can eventually be absorbed as skilled resources in the industry," stated the release.
The MoU was signed by Anand Bhade, President, APAC Sales, Global Marketing & Communications, Tata Technologies and Prof. (Dr.) Ajay K. Sharma, Vice Chancellor, IKGPTU at Chandigarh in the presence of S. Charanjit Singh Channi, the Minister of Technical Education & Industrial Training, Punjab.
"With the aim of establishing Punjab as a preferred manufacturing investment destination, this collaboration is oriented towards bringing about qualitative improvements in technical education. This will be done by strengthening industry-academia partnerships, training students with industrial experiential learning to improve employability and enhancing the reputation of technical institutions with modern equipment and state-of-the-art technologies. The long-term goal is to create a skilled manpower pool and increase the employability quotient for Punjab’s manufacturing sector," said S. Charanjit Singh Channi, Minister of Technical Education & Industrial Training, Punjab.
This initiative will be undertaken across 2 phases starting from January 2019 and March 2019 and a hub, which will have four centers namely ‘Product Design and Development’, ‘Domain Exploration’, ‘Mechatronics and IoT’ and lastly ‘Advanced Integrated Manufacturing Center’.
Phase 1 will include CIIITs at IKGPTU main campus in Kapurthala and Sultanpur Lodhi and in the 2nd phase the CIIITs will be established in Chamkaur Sahib and Jalandhar.
Talking about this association, Mr. Bhade said, “Once operational, it will help close to 40,000 students in Punjab to impart practical knowledge and become industry ready. The students and faculty will get a unique opportunity to engage in collaborative research, get access to new technologies and industry content. I am also pleased that our partners such as PTC, MSC Software are supporting us with this industry-academia initiative.”
Mr. D K Tiwari (IAS) Secretary - Technical Education & Industrial Training emphasised on the importance of this collaboration adding that these CIIITs will enable a large number of youth from Punjab to take up industry-relevant skill training which will help them in securing a better livelihood. These CIIITs will cater to various skills needed in the manufacturing centers catering to both high and low end skilling.
“The setting-up of the CIIITs will enable improved employability, entrepreneurship and availability of skilled resources in the state,” said Professor (Dr.) Ajay K. Sharma, Vice Chancellor, IKGPTU.
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