Tatas extend Rs 56 cr funding to British Royal Society's URF

Tata Group entities, including Tata Sons, Jaguar Land Rover and TCS, will provide a funding of 5.6 million pounds (around Rs 56 crore) to the Royal Society's University Research Fellowships (URF) scheme in the UK.
The funding will establish nine new Tata University Research Fellows in the Physical Sciences and Engineering over the next ten years, with the first Royal Society Tata University Research Fellows due to be appointed in October 2016, a statement by the Tata Group said.
"The Tata partnership with the Royal Society is part of a global university collaboration programme by Tata companies for strategic outreach to academia across the world," it said.

"I am confident that the Royal Society Tata University Research Fellows (URF) will make an impactful difference by contributing solutions to some of the most pressing challenges the world faces," Tata Sons Chairman Cyrus P Mistry said.
He said the Tata Group has a 'rich heritage' of collaboration with world-renowned academic institutions, including in the United Kingdom and the partnership with the Royal Society is in keeping with that tradition.
Royal Society President Venki Ramakrishnan said the support from Tata companies will help extend the URF scheme "so that more young scientists and engineers will have an opportunity to access the excellent support and career development this programme provides".