Punjab Technical University signs MoU with TiE

The Punjab Technical University (PTU) has signed a Memorandum of Understanding (MoU) with The Indus Entrepreneurs (TiE) to foster entrepreneurship globally through mentoring, networking, and education, here on Friday.

According to the MoU, TiE would assist PTU in upgrading syllabus as per the industry needs and would enable students to become employable and shall help in setting up of five nodal centres for entrepreneurial development in PTU campuses in Bhatinda, Mohali, Gurdaspur, Ludhiana and Kapurthala. TiE will also help to develop online interaction through efficient deployment of IT and integrating social media

TiE had earlier signed an MoU in 2010 with PTU along with Software Technology Parks of India (STPI) to encourage and mentor students for entrepreneurship and the current agreement would help further the mission of revolutionising the world of entrepreneurship.

Speaking on the occasion Dr. Rajneesh Arora, Vice Chancellor PTU said PTU intends to promote entrepreneurship in the region since the country needs more and more job providers than the job seekers, which would be accelerated through a symbiotic relationship with TiE. Punjab and Chandigarh have the potential of becoming the educational hub with excellent institutional infrastructure that could attract international students and contribute to the region's economy tremendously, he added.