Categories: Agreements

IIT-Kanpur partners with defence PSU to focus on innovation

The Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur has entered into a Corporate Social Responsibility (CSR) agreement with Advanced Weapons and Equipment India Limited. Advanced Weapons and Equipment India Limited is one of the seven new Defence Public Sector Undertakings (PSUs) that were created by converting the Ordnance Factory Board into fully government-owned enterprises. The agreement was signed in the presence of dignitaries from IIT Kanpur, SIIC, and Advanced Weapons and Equipment India Limited (AW&EIL) at the Ordnance Factory Kanpur.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The SIIC and AW&EIL have joined hands with the aim of providing financial assistance to the startup ecosystem and supporting the incubation of new technology and innovation-based startups at IIT Kanpur, in line with the CSR Policy of AW&EIL. The expected result of this partnership is the overall advancement and growth of the country, as the startups that emerge from this collaboration are expected to make a significant contribution to the economy and society as a whole. The partnership aims to establish a vibrant startup ecosystem that fosters ground-breaking research and development, generates employment opportunities, and positions India as a leading global innovator.

You may also read this:

IIT-Bombay and UIDAI join hands to develop touchless biometric system

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Fruit is known as the King of Tropical Fruits?

Tropical fruits are famous for their unique flavors, vibrant colors, and health benefits. Some fruits…

12 hours ago

India Becomes First Country to Commercially Produce Bio-Bitumen

India has achieved a historic global milestone by becoming the first country in the world…

13 hours ago

Which River is known as the Silver River?

Rivers are often given special names because of their beauty, color, or importance in human…

13 hours ago

Who was the First Male Pilot in India? Know the Name

India has a proud history in the world of aviation. Many brave men and women…

9 months ago

Which Indian State has the Most Waqf Land?

Waqf properties in India are lands or buildings, donated by individuals for religious, educational or…

14 hours ago

Which Country is Known as the Startup Nation?

Some countries around the world are known for their special talents. Some are famous for…

14 hours ago