DMRC, MDI to exchange intellectual, infrastructure resources

Image
IANS New Delhi
Last Updated : Jul 31 2016 | 6:02 PM IST

The Delhi Metro Rail Corporation (DMRC) on Sunday signed an agreement with the Management Development Institute (MDI) to exchange intellectual and infrastructure resources as well as setting the ground for long-term academy-industry partnership.

Both the organisations will jointly develop research and innovation programmes, a DMRC statement said.

According to the agreement, the modules for these programmes will be designed by the faculty members of the MDI and DMRC officials.

To give the students practical exposure of customer, operations and project management, the DMRC has also offered to arrange trips at its stations, construction sites, depots and training institutes.

"MDI has agreed to arrange involvement of DMRC officials in their workshops including meetings with business leaders, innovators and the students," the statement said.

The organisations will assist each other in providing solutions and practical experience of their best practices.

The DMRC and MDI will explore opportunities in the international markets and jointly bid for assignments in capacity building, institution development, training and development programmes.

They will also establish a joint advisory board consisting of two senior-level officials from both the organisations to undertake periodic review of the progress of various activities and monitor the qualitative aspects of various programmes.

The DMRC earlier tied up with the Indian Institute of Technology (IIT) - Delhi and Delhi Technological University (DTU) to explore the aspects of planning, management, operations and construction of the metro rail network.

--IANS

av/py/vt

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jul 31 2016 | 5:48 PM IST

Next Story