INDUSTRY, INSTITUTE

INTERACTIONS AND ACADEMIA

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A Perspective by Nitin Sethi

THE NEED Liberalization and globalization along with economic and industrial

policy recently adopted by the GOI, the industrial scenario is fast changing.

Indian Industries are compelled to compete with multinationals for the internal market.

The focus is on quality products and skilled and qualified manpower.

Greater need for industries to depend on technical institutions for R&D and for supply of highly qualified and skilled manpower.

Training and retraining of the work force has become major activity for all industries as technology is changing fast.

Opportune time for both institute and industry to interact for mutual benefits. 2

A Perspective by Nitin Sethi

REASONS FOR LOW INTERACTION

Lack of interest from both sides

Curriculum not planned as per job profile

Education imparted is not job oriented.

Insufficient time schedule available.

Lack of confidence and professional approach

Obsolete lab facilities.

Goals of both do not match fully.

Research not matching the Industrial needs

Rules governing different organizations differently

Lack of interest and seriousness among students related to summer and winter projects, industrial visits and using opportunity to learn in industry.

Hence, more than 70% projects do not lead to industrial jobs 3

A Perspective by Nitin Sethi

BENEFITS OF MUTUAL COOPERATION

To the Institution

Greater resource generation.

Better understanding of industry needs and operations

Improved quality of faculty.

More relevant curriculum.

Better placement of students.

To The Industry.

Can get opportunity to express skills and qualities required as per their needs

Get involved in the curriculum development so that it meets their requirement

Get access the latest technological and management developments.

Keep the workforce skill updated

Get fresh and work ready manpower and not spend time in retraining them

Get their research work done through institute collaborative research opportunity

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A Perspective by Nitin Sethi

WHAT NEEDS TO BE DONE

Both industry and institution will have to gear needs of each other

The Institution will need to:

Win the confidence of industries so that industries involve voluntarily with the Institute

Align R & D activities to the industry needs, cost effectiveness, time bound programs, technology upgradation etc.

Programs of Institute must be strongly oriented to Industry.

Communicate the benefits of a new generation of innovative thinkers.

Develop pool of academics with deep understanding of industry and business experience.

Industry will need to:

Understand and accept the capabilities and limitations of the institute

Must spell out in clear terms its needs and aspirations

Both Industry and Institution need to:

Develop Win-Win Partnerships strategies – sign and MOU to bring the two sides strategically closer

Committing to long-term partnerships

Mutual cooperation

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A Perspective by Nitin Sethi

SUGGESTED ACTIVITIES

Organize Workshops, conferences and symposia with joint participation of the faculty and the industries.

Invite experts from industry to participate in curriculum development.

Arrange visits of faculty to various industry and vice-a- versa

Obtain consultancy, research projects from industries and ensure timely completion to the satisfaction of the industry.

Offer testing and calibration services on site or in laboratory.

Develop joint research programs and field studies

Visits of faculty to industry and industry to institute delivering expert lectures on subjects of mutual interest.

Organize continuing education programs for working professionals for industry

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A Perspective by Nitin Sethi

SUGGESTED ACTIVITIES

Offer collaborative degree programs.

Invite industry to jointly guide in B.Tech., M.Tech., BBA and MBA projects/dissertation work

Inviting practicing engineers to be part-time faculty for MBA/M.Tech./Ph.D. programs

Obtain short-term assignment for faculty members to work in industries.

Invite visiting faculty/professors from industries.

Establish professorial Chairs sponsored by industries at the Institute.

R&D Laboratories sponsored by industries at the Institute.

Scholarships/fellowships/internship for students by industries

Organize Industrial exposure and training of students in industries.

Adoption of institution by industry

Industrial houses setting up new institutions.

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A Perspective by Nitin Sethi

THANK YOU

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