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Bosch India, a supplier of technology and services, further enhanced its partnership with the Indian Institute of Science (IISc) by signing a memorandum of understanding (MoU).
Through this MoU, Bosch and IISc will collaborate to address India-centric requirements. The signed MoUs were exchanged between Bosch and IISc in the presence of the President of India, Pranab Mukherjee at the Rashtrapati Bhavan, Delhi on November 4.
In 2011 Bosch made a philanthropic grant of Rs 115 crores (Euro 22 million) to IISc spanning a period of 10 years.
Commenting on this development, Dr Steffen Berns, president of Bosch Group in India, said, “Based on this MoU we intend to develop solutions that address key India centric requirements. Innovation has always been a special strength of Bosch. This partnership between industry and academia further enforces our ties with the IISc and underlines our commitment towards local innovations, according to our slogan “Invented for life”. We expect to see positive results as we collaborate in research on areas of strategic interest, such as mobility, healthcare, energy and water.”
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