IIT and Jindal sign a pact to institute chair professorship

MUMBAI: The IIT-Bombay has signed an agreement with Jindal Stainless to establish a chair professorship at the institute. This chair will support and enhance research in industrial processes and product technologies in the stainless steel space. An existing senior professor of IITB, with a sharp track record in research, will be appointed to this chair.

The first chair professor will be selected from the institute’s department of metallurgical engineering and materials science. This partnership will promote research and innovation in industrial processes, product technologies and cost improvement for the stainless steel sector.

“The idea was seeded in the conversations I would have with new recruits every year. I would ask them how many hours did they spend on stainless steel in their engineering programme and on an average most said, two hours,” said managing director of Jindal Stainless Abhyuday Jindal. “With this partnership, we have deepened our industry-academia collaboration with the larger purpose of building a corrosion-free India.”

Jindal Steel and Venezuela 'tie up' for iron ore plant

Venezuela has signed an agreement with Jindal Steel & Power, allowing the Indian company to operate its largest iron-ore plant, CVG Ferrominera Orinoco. This marks the first entry by an international firm into Venezuela's closely held companies in years. The details of the deal, which was signed on Friday, have not been made public. The agreement is seen as a step towards opening up Venezuela's metallurgic and mining industries to international private companies, following US sanctions in 2019. The plant has been operating below capacity due to mismanagement, lack of investment, and a power crisis.

Ensure better industry-research coordination

The first annual general meeting of the Roller Flour Millers association of Punjab was held, where the association highlighted its various works and urged the government to improve coordination with research institutes. Vice-President Jagdeep Dhankhar performed pinddaan rituals at various temples in Gaya during his visit, and the Pitripaksh Mela has begun in the city. The Punjab State Human Rights Commission directed the government to enforce human rights guidelines strictly. Dhankhar will also visit Nalanda University and perform rituals at the Vishnupad temple and Gaya Ji dam.

India, UAE to collaborate in fields of industries, advanced technologies; MoU inked

India and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) to collaborate on industries and advanced technologies. The MoU aims to strengthen and develop industries in both countries through investments, technology transfer, and the deployment of key technologies. Areas of cooperation include supply chain resilience, renewable energy, health and life sciences, space systems, artificial intelligence, and industry 4.0 enabling technologies. The MoU will remain in force for three years and can be renewed automatically. This collaboration comes as part of the larger initiative to reshape the trade route between the Gulf, Europe, and South Asia.