Nissan signs two MoUs with IIT-Madras to offer scholarships

Wednesday, 27 October 2010, 17:29 IST
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Chennai: Carmaker Nissan has signed two agreements with IIT Madras to offer scholarships to carry out research work, mainly related to auto sector. "The Nissan Science Foundation (NSF), with a view to groom talented students and contribute towards development of automobile technology in India, signed an MoU today - 'Nissan Foundation Scholar' Programme to support students of IIT-M," the company said in a statement. According to the pact, the foundation will provide financial aid to selected students, a short training at Nissan headquarters in Japan and an internship at Nissan's R&D Centre (RNTBCI) in India till 2015. Besides, the country's premier technical education institute signed another MoU with RNTBCI, titled the 'Nissan Support Program' that is valid upto March 2013. "This initiative will aim to support research & development project at IIT-M in the area of engineering, science, management, humanities and social sciences, which will contribute to automobile sector in the future," it said. The agreements were signed in line with the Expression of Interest signed between Nissan and IIT Madras in January 2010 to start discussing potential collaborations in the areas of research and development.
Source: PTI