IIT Madras Steps Up Global Engagement with New Research Foundation
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In a significant move to expand its global presence and foster innovation and entrepreneurship, the Indian Institute of Technology Madras (IIT Madras) has unveiled the IIT Madras Research Foundation. This strategic initiative aims to propel the institute onto the global stage, facilitating access to international markets, funding avenues, and fostering collaborations with leading universities and industries.
At the heart of this initiative is the goal to provide a springboard for startups emerging from IIT Madras, enabling them to tap into global markets and secure vital resources for research and innovation. Moreover, the foundation aims to elevate the institute’s academic programs, particularly its master’s and doctoral offerings, by forging partnerships with esteemed universities worldwide and collaborating closely with industry players.
A statement from the institute highlights the wealth of research and innovation that IIT Madras boasts, citing an impressive tally of 161 active patents in the United States alone. This underscores the institution’s prowess in generating cutting-edge solutions with global relevance.
Leading the charge as the inaugural CEO of the IIT Madras Research Foundation is Thirumalai Madhavnarayan, a seasoned professional with over 37 years of experience in the realms of business management and technology. Madhavnarayan brings with him a wealth of expertise garnered from stints at renowned technology giants such as Intel, HP, Dell, Samsung, and Epson.
With this visionary leadership in place, the IIT Madras Research Foundation is poised to catalyze a new era of growth and innovation. By fostering synergies between academia, industry, and the entrepreneurial ecosystem, the foundation aims to drive impactful research, nurture budding startups, and propel IIT Madras onto the global stage as a frontrunner in technology and innovation.
The establishment of the IIT Madras Research Foundation marks a pivotal moment in the institute’s journey towards global eminence. With its sights set firmly on the future, IIT Madras is primed to make significant strides in research, innovation, and entrepreneurship, cementing its position as a beacon of excellence in the realm of technology and beyond.
