IIT Bombay to
Tie up With Four International Varsities
Mumbai, (PTI): IIT Bombay on Tuesday said it will tie up with four international universities to collaborate in research in various fields of science and technology.The institute announced it was tying up with Monash University from Australia, Rice University from USA, University of Southhampton and Cambridge from UK for collaborations in science and technologies.
Accordingly, Monash, the Australian institute will set up up a research academy at the IIT's Powai campus.
While the initial agreement for the joint venture will be signed for five years, both institutes plan for a long-term association with focus on studies in engineering, science and information technology, water, mining, automotive, pharmaceuticals and petro-chemicals among other subjects.
"IIT Bombay has also shown keen interest in joint research in stem cell with Monash which it has been involved in for some time now," Monash University Vice-Chancellor and President, Richard
Nearly 200-300 Ph.D students will be enrolled in the academy and will be jointly supervised by both institutes and joint degrees given to them, he said.
Monash will be investing 10 million Australian dollars in the academy over the next five years, and the building for the academy will begin this year, Larkins said.
The academy will also rely on funds from the Australian and Indian governments as well as corporates and is expected to be self-sustaining in due course.