Divyansh | March 13, 2024 | 05:06 PM IST | 1 min read
This the first corporate social responsibility agreement of IAI, which works in defence and commercial aerospace.
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NEW DELHI: Israel Aerospace Industries (IAI) has signed an agreement with the Indian Institute of Technology Delhi (IIT Delhi) to collaborate on applied research. This is the first corporate social responsibility (CSR) agreement of IAI. As per the agreement, IAI will collaborate on projects, training, and research consultancy with IIT Delhi.
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The alliance has been developed with a shared vision for leveraging cutting-edge research to drive progress and technological excellence in the technology sector. The IAI works in defence and commercial aerospace. It also provides its customers with state-of-the-art systems for air, ground, sea, space and cyberspace applications.
IAI promotes its technological leadership through applied research in cutting-edge core technologies and hybrid open innovation in collaboration with its surrounding business environment, including universities, start-up companies and government research and development entities.
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IAI CEO Boaz Levy 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 and 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.”
IIT Delhi dean corporate relations Preeti Ranjan Panda said, "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."
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