Tata Steel and Australia’s Monash University have signed a Memorandum of Understanding (MoU) to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on contemporary global challenges such as decarbonisation, resource recovery from sustainable sources, and technologies for advanced, additive, and data-driven manufacturing.
The MoU is a milestone that marks the beginning of the first major research and development collaboration of Tata Steel with an Australian institution.
The collaboration will provide educational and professional opportunities for students and academia, fostering the exchange of knowledge and talent between India and Australia.
On a broader scale, this partnership will help the Australian innovation ecosystem build stronger ties with India.
Mr T. V. Narendran, CEO & Managing Director, Tata Steel, said: “As the second largest steel-producing country in the world, India’s role in the global steel industry has gained considerable traction not only in terms of volume and quality but also how we manufacture the world’s favourite alloy.”
Professor Doron Ben-Meir, Deputy Vice-Chancellor (Enterprise and Engagement) and Senior Vice-President, Monash University, said: “We are pleased to collaborate with Tata Steel to advance material science and chemical process research. Working with a global industry partner of this stature is an important step to driving the development of vital materials and technologies.”