Volvo Group signs MoU with IISC to undertake Research & Innovation in Tech
Date: 14 Dec 2016
Volvo Group in India announced
that Volvo Group Trucks Technology (GTT), the global research, development and
engineering arm of Volvo, and Indian Institute of Science (IISc) have entered
into a memorandum of understanding (MoU). With this MoU, Volvo group and IISc
will undertake research and development in future automotive technologies. The
MoU was signed by Jan-Ove Östensen, VP Advanced Technology & Research, Volvo
Group, and K. Paneer Selvam, In-charge Registrar, IISc.
Volvo Group and IISc will
collaborate on long-term research collaboration in selected technology areas.
Other universities with which the Volvo Group collaborates globally include -
Penn State University in the US; INSA in France; and Chalmers University of
Technology; Mälardalen University and the University of Skövde in Sweden
Speaking on the occasion,
Jan-Ove Östensen, VP Advanced Technology & Research, Volvo Group noted
“Innovation has always been a special strength of the Volvo Group. This
initiative demonstrates Volvo Group’s commitment to continually work with
academic institutions to innovate in research and to strengthen
industry-academia collaboration globally," He also added, "With the
agreement, Volvo Group and IISc will collaborate to strengthen the eco-system
of innovation while undertaking important research in the automotive sector
which is of mutual interest."
Prof. Y. Narahari, Chair,
Division of Electrical Sciences, in supporting Volvo Group’s efforts said,
“This MoU is a significant event to foster strong linkage between Volvo Group
and IISc, which is mutually beneficial with an aim to transform the landscape
of transportation for societal and environmental benefit".