A task force has suggested the faculty research with industry and take part in interactions with companies during the summer.
"We will introduce this process next year," said Devang Khakhar, director, IIT-Bombay. "Right now, the time is too short, as most faculty member would have made plans (for summer)."
Also Read
To begin with, the premier Indian Institutes of Technology (IITs) would be part of this project.
"Interested faculty members would go into some of the areas industry is working on. It is an exposure for the faculty and allows for joint research or contributes to research, facilitating the institute and industry," Khakhar said. Khakhar is part of the task force. The panel is headed by Hari Bhartia, co-chairman & managing director, Jubilant Life Sciences, and Ashok Jhunjhunwala, professor, IIT-Madras.
Industry personnel would visit and interact with faculty and students. Senior faculty would visit industry for lectures and interactions, according to the suggestions.
An academia-industry council would be created for each group of 100 institutions. Industry and academia will each nominate five people to the council. The pilot project would be later spread to more than 3,000 engineering institutions and 30,000 colleges across the country, Khakhar added.
The council aims to stimulate joint research and development collaboration, foster entrepreneurship and create a culture of innovation.
An IIT director who was part of the task force said: "It will not just be limited to a few large institutions, though we may begin with 100 institutions. The basic idea is that the industry-academia interface should improve for every institution that is picked."
As part of this initiative, the task force is also looking at tapping funds and schemes from the government and industry alike. The Ministry of Human Resource Development (MHRD) will provide the financial support to the institutions. It had recently announced setting of up an incubation fund.
During a meeting between MHRD officials, and representatives of the Confederation of Indian Industry and IITs this week, the ministry said it would look at infusing Rs 10 crore per annum for 25 of the initial 100 institutes. Seventy-five would see an infusion of Rs 5 crore through the incubation fund, according to a presentation made by Jhunjhunwala.
To further boost research, the council has proposed video-based remote Masters and PhD programmes for industry persons in at least 10 "high-quality institutions", thereby targeting to achieve 10,000 such Masters and 1000 PhD candidates per annum. "Induct serious, young industry professionals in governing boards of other 90 institutes," the presentation had suggested.
Jhunjhunwala, who has been spearheading the IIT-Madras Research Park, is also of the view that similar research parks should be developed by identifying 10 institutes at tier-1, -2 or -3 levels. The research parks could offer "socially relevant technological solutions" in "energy, environment, affordable health care, water and food, and affordable housing".
Naushad Forbes, Chairman of national committee on higher education at CII, said the scale of interaction between industry and academic is low. Industry is keen to work with academia for its own benefit, he added, as the quality of manpower in industry cannot be improved without focussing on the quality in academia.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)