CII, Imperial College sign pact to boost tech cooperation

Tuesday, 10 October 2006, 19:30 IST
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London: The Confederation of Indian Industry (CII) signed a pact with the Imperial College of Science, Technology and Medicine here Tuesday as a step towards strengthening India-Britain relations in high technology areas. CII president R. Seshasayee said in a statement that the memorandum of understanding (MoU) would further deepen cooperation in science and technology. "The MoU acknowledges the great importance that the governments of India and United Kingdom attach to the development of close collaboration between India and the UK in the field of science and technology, responds to the pressing need for new technology to meet the challenges of climate change, environmental damage and massive improvement in global healthcare provision," Seshasayee said. The MoU will promote joint cost-effective research in several fields between India and Britain, CII said. CII has been working on technology-related aspects of serving industry over a decade now. A team of specialised professionals work on various aspects of technology. The Imperial College is one of the world's top universities for science, technology and medicine, currently rated fifth in the world for engineering and sixth for biomedicine. It is the leading university for collaboration with industry, generating 30 million pounds per year of industry-funded research revenue. Under the MoU, India will explore possibilities of cooperation and collaboration in the fields of drug and pharmaceuticals, biotechnology, healthcare, aerospace, information and technology, energy, environment, water and nanotechnology.
Source: IANS