India is at the helm of becoming one of the top global innovators and solution providers with a rich diversity in knowledge, science, creativity, and talent. We are the largest democracy, blessed with wide-diversity, great opportunities, and our unique challenges. While we frugally built Mangalyaan, stand as the second-largest smartphone market in the world, our staggering 732 million people are still without basic sanitation, over 63 million people lack clean water and our roads claim 17 deaths every hour. The nation yet has many impediments that need immediate solutions for which we need to blaze a more radical and transformational path towards a better future for all. Industry-Academia partnerships is one such channel that offers a great potential to furnish effective solutions our nation deserves and create an ecosystem to empower society through innovation.
Industry-academia partnerships can yield impactful solutions for the innovation-hungry global marketplace, delivering faster solutions to the end-users or creating new learning avenues for our budding leaders to gain "invaluable exposure". On the quest of creating scalable solutions for all, the handholding delivers significant return on investment and value for money. Increasingly, Industry and academia are exploring the benefits of building long-term, strategic relationships. Partnering with IIT Delhi presents the diverse opportunities of transforming industries shaping lives and communities through sustainable, inclusive and diverse solutions. Benefits of collaboration include.