Mumbai, Dec 7 (PTI) The country’s third largest car maker Tata Motors has partnered with IIT Varanasi to launch innovative programs in education and research,aimed at bridging the gap between academic excellence and business know-how.

As a first step of this technological collaboration, the two entities will work in areas of mutual interest, with an aim to cater to the future engineering needs of the industry and academia, as per a release issued today.

Tata Motors and IIT Varanasi have signed an initial pact, which will be valid for five years, to give effect to the partnership, under which joint R&D projects will also be undertaken for the development of new technologies in various engineering domains, the release said.

“Through this Memorandum of Understanding (MoU), we intend to have a multi-dimensional partnership with IIT BHU, which will help us retain our competitive edge and develop next-gen engineering skills, not only within the company but also that of our academic partners with future ready faculties,” Tata Motors’ chief human resources officer Gajendra Chandel said on the tie-up.

“With fast-changing technologies and market conditions, we understand the need to articulate a clear roadmap towards a world-class, competent, talented and innovative workforce,” Chandel added.

This partnership will help Tata Motors bridge the gap between academic excellence and business know-how, to create industry ready resources besides supporting Make in India , Skill India and Startup India programmes, he said.

“This partnership will enable joint research in specific areas which will feed into the future products of Tata Motors, as well as advanced training of students. We are looking that at the end of the program we will have created a talent pool which is ahead of the curve, acquiring advanced knowledge, and narrowing the skills-gap,” IIT (BHU) Varanasi Director Rajeev Sangal said his university’s collaboration with the domestic auto major.

This is published unedited from the PTI feed.