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".

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