Indo-US Brain Trust formed to deepen scientific collaboration

Image
Press Trust of India Washington
Last Updated : May 14 2016 | 1:13 PM IST
India and the US have formed a Brain Trust aimed at deepening and strengthening cooperation between the best and brightest in the scientific community of the world's two largest democracies.
The partnership between the Indian and American scientific community, researchers, academicians, businesses and entrepreneurs is a "win-win" for not only the two countries, but also the entire world, said Indian Ambassador to the US Arun K Singh.
"We find now a strategic convergence in our interest and we are working together in different areas," he said in his address at the inaugural dinner of the Indo-US Brain Trust here on Thursday.
A partnership for research and development and scientific collaboration is essential to take this relationship to the next level, he said.
"There is a huge potential there," he added.
"Several major US companies have developed products in India, which their CEOs have said to me they could not have developed in the US because researchers and scientists here approach the problem from different perspective with different resource availability, they are targeting with different objective," Singh said.
"Whereas in India the aim very often is to minimize the use of resources, keep the cost down, maximize the number of people that can be reached through the product and there by you end up with something that is different and has relevance in a different context," he said.
Applauding India's success, former World Bank president Paul Wolfowitz said India hasnow emerged as a model for other developing countries.
"The idea is to create a platform- which partners scientific minds from both countries to explore and create timely solutions to pressing global challenges," said Ron Somers founder and CEO of India First Group welcoming the guests at the inaugural dinner.
"The Indo-US Brain Trust must strive to create a shared platform for the US and Indian scientific communities to exchange, synergize, and deepen collaboration," he added.
Dr Krishna K Banaudha, an Indian-American scientist and the brain behind the project, said Indo-US Brain Trust intends to assemble some of the finest minds and friends who - by their very actions and livelihoods - support a deepening of US-India collaboration in science, research, academia, entrepreneurship and innovation.
"This group collectively represents the extraordinary partnership underway between the United States and India which is shaping a very bright future," he said.
*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: May 14 2016 | 1:13 PM IST

Next Story