Leading French tyre maker Michelin stated that it has signed up for a new partnership with IIT Bombay-Monash Research Academy for starting a next-gen sustainable mobility solutions research. Michelin India Technology Centre and IIT Bombay- Monash Research Academy has signed a Memorandum of Understanding (MoU) in this regard.
"Open innovation, through partnerships globally, is a priority for Michelin R&D. It enables us to accelerate and scale up mobility-related innovative opportunities around data-driven engineering and sustainable materials," Executive Vice President, Research and Development - Member of the Michelin Group Executive Committee Eric Philippe Vinesse said in a statement.
This new beginning to research with IITB-Monash Academy is said to enhance mutual development and create stronger collaborations for sustainable mobility, he added.
"In this evolving mobility ecosystem, this engagement will provide a solid platform for PhD students from India, to appreciate and experience the strengths of Michelin's innovation culture," Vinesse said.
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During the signing ceremony, Dr. Arun Jaura, Managing Director Michelin India Technology Centre India, said: “Michelin’s R&D centers embody our Innovation DNA in various regions of the world. In India, Michelin R&D’s partnership with IITB-Monash Academy is a strategic lever used to foster the power and speed of innovation in the mobility ecosystem.
"In light of sustainability, this partnership will nurture talent and encourage PhD students to collaborate and create innovative mobility related solutions. This particular partnership will provide PhD students with exposure to technologies and experiences from 3 different continents – allowing them to access state of the art facilities, join forces with intellectual academic minds, and work alongside industry experts.”
The two entities have tied up for a tenure of 5 years with several projects planned for the development in the Mobility sector in India, the tyre maker noted.
"IITB-Monash Research Academy in partnership with Michelin is aiming to conduct application-oriented translational research," IITB-Monash Research Academy CEO MS Unnikrishnan said.
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Professors from IIT Bombay and Monash University, Australia will work with Michelin and the team to create the best outcomes from this program targeted to create mobility-oriented technologies of tomorrow, he added.
At MICHELIN, innovation is the creation of new value which is recognized by their customers. It has played and will continue to play a key role in the Group’s growth and performance. Putting innovation at the heart of their strategy is a firm conviction of the company: innovation, whatever its source, is the main driving force of our development, competitiveness and sustainability.
One of the main lines of MICHELIN's strategy is to use technology and innovation to make its products and services stand out, so that it can consolidate its leadership and meet its customers' needs as effectively as possible.
More than 20 years ago, the Group achieved a major breakthrough that made its tyres more energy efficient. Today, it is the global leader in low-energy tyres and a trailblazer in the functionality economy, which consists in selling services or the use of a product rather than selling the product itself.
