Israel Aerospace Industries and IIT Delhi Sign CSR Agreement to Collaborate on Applied Research

Israel Aerospace Industries and IIT Delhi Sign CSR Agreement to Collaborate on Applied Research


Israel Aerospace Industries (IAI) has signed its first ever CSR agreement with the prestigious Indian Institute of Technology Delhi (IIT Delhi) to collaborate on applied research.

In the spirit of India’s self-reliance, the IAI-IIT CSR agreement demonstrates IAI’s commitment to its corporate social responsibility in India. The cooperation includes collaborative projects, training, and research consultancy. This alliance between IAI and IIT Delhi demonstrates a shared vision leveraging cutting-edge research to drive progress and technological excellence, shaping together the future of technology in India.

IAI’s President and CEO, Boaz Levy commented on the collaboration and said, “We are proud to come together with IIT Delhi, which is renowned for its engineering and technology programs. This CSR agreement represents IAI’s commitment to further invest in technology & innovation in India. We look forward to many more years of fruitful collaboration on applied research and view our pioneering cooperation with IIT as a natural step in our shared vision to promote innovation and technology for both countries.”

Prof. Preeti Ranjan Panda, Dean Corporate Relations, IIT Delhi, commented, “We are excited about this partnership with Israel Aerospace Industries, a global leader in aerospace. This collaboration aligns with IIT Delhi’s commitment to cutting-edge research and technological advancements. Together with IAI, we aim to contribute significantly to the future of technology in India.”
 
Universities and their professors make a lot of money of off these consultancy and research projects, especially for defence sector. When I was in IIT Delhi, our professor once boasted about working on Indian railgun system. He complained about working as consultant for private companies and making 7 figues, but more than half of that went to taxes and Institute fees.
 

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