Skip to main content

SGSITS Receives Rs 1 Crore Support for Startups, HAL collab to boost innovation

SGSITS Receives Rs 1 Crore Support for Startups, HAL collab to boost innovation

In a landmark move to promote innovation and entrepreneurship, SGSITS (Sr .G.S. Institute of Technology and Science), one of Indore's premier educational institutions, has secured a major boost through a partnership with Hindustan Aeronautics Limited (HAL). Under a newly signed Memorandum of Agreement (MOA), HAL will provide state-of-the-art equipment worth Rs 1 crore for the institution's Fabrication Lab, Die, and Design Rooms. This initiative is part of HAL's Corporate Social Responsibility (CSR) efforts aimed at supporting the growth of technology and innovation in academic institutions.

The MOA was formally signed in the presence of key dignitaries, including Inder Singh Parmar, the Minister for Technical Education and Chairman of the SGSITS Governing Body. Other prominent attendees at the event included Dr. Divya Gupta, independent director and Chairperson of HAL's CSR Committee; Saket Chaturvedi, CEO of MIG Complex; and Subrata Mondal, General Manager (GM) of HAL's AOD division. SGSITS was represented by Dr. Nitesh Purohit, Director of the Institute, along with Tapan Mukherjee and Ramesh Vyas, Directors of the SGSITS Incubation Forum.

Key Aspects of the Agreement

The collaboration focuses on equipping the Fabrication Lab, Die, and Design Rooms at SGSITS with advanced tools and machinery, which are expected to significantly enhance the technical infrastructure available to students, faculty, and emerging entrepreneurs. The new facilities will support prototyping, product design, and manufacturing processes, encouraging practical learning and fostering an innovation-driven culture.

The financial assistance and resources provided by HAL will help create a robust ecosystem for startups within the institution, offering them access to high-quality equipment and mentorship. This will pave the way for students and young entrepreneurs to work on groundbreaking projects, develop new technologies, and take their ideas to market.

Minister's Remarks

In his address, Inder Singh Parmar lauded the partnership, stating that it marks an important step towards strengthening the infrastructure and capabilities of SGSITS' Incubation Forum. He emphasized that the initiative will not only support startups but also inspire innovation and entrepreneurship across the state. "This collaboration will provide the necessary tools and resources to budding entrepreneurs, enabling them to turn their ideas into successful ventures," Parmar said.

He further highlighted the role of such collaborations in bridging the gap between industry and academia, ensuring that students are well-prepared for real-world challenges. The collaboration with HAL, he noted, will also foster stronger ties between educational institutions and industries, creating opportunities for knowledge sharing and skill development.

Future Implications

The support from HAL is expected to accelerate the growth of the incubation center at SGSITS, positioning it as a hub for innovation in the region. Startups and young entrepreneurs will benefit from not only the technical resources but also the guidance of industry experts and faculty members, creating a conducive environment for sustainable growth and technological advancements.

As part of the agreement, the equipment will be made available to startups incubated at SGSITS, providing them with the infrastructure needed to prototype, test, and refine their products. This will also help students gain hands-on experience with industry-grade tools, enhancing their technical skills and preparing them for future careers in technology and engineering.

By fostering collaboration between academia and industry, the initiative is set to provide invaluable resources to young innovators and entrepreneurs, helping them transform their ideas into successful enterprises. With strong industry backing and state-of-the-art infrastructure, the SGSITS Incubation Forum is poised to play a key role in shaping the future of technological innovation in the region.








Comments

Popular posts from this blog

Jharneshwar Mahadev in Madhya Pradesh: a nature escape from urban jungle

Life is too short, unpredictable and an adventure if lived to the fullest. Learning the essential value of life and deciding to seek adventures in life, several groups are now connecting to nature and seeking spiritual growth. Leading a group of adventure seekers to less-known wonders of Indore, Gyandeep Srivastava, administrator of Rides of Riders group unravelled a new getaway. The group went on a long ride exploring the rural areas of the city. In their bid to seek adventure, the group came across an ancient temple ‘Jharneshwar Mahadev’ which dazzles visitors with nature, beauty and wonder. The temple is situated in Shajapur, about 230 kilometres from Indore. The waterfall of Bhadooh (Jharneshwar Mahadev), a famous tourist place falling under the Quartak Panchayat, about 30 km from Manasa in Neemuch district. After monsoons, the waterfall attracts tourists from all over state to witness the 100 feet high waterfall. There were 25 riders in the adventure trip including female rider I...

Before Pentecost, Christian community helps underprivileged families with ration

Prior to Pentecost, Christian community is following the lessons taught by Jesus Christ and helping those in need. In their drive to help underprivileged families, Christian volunteers forming a group are providing ration packets to them. Christian holiday of Pentecost, which is celebrated the 49th day (the seventh Sunday) after Easter Sunday, will be celebrated on May 31 this year. The holiday commemorates the descent of the Holy Spirit upon the Apostles and other followers of Jesus Christ. Under the drive, ration packets are given to 200 to 250 people on a regular basis. “Christ was the ultimate social worker. Not only could he find housing for people, or give them free food,” Ashutosh Joseph, a volunteer said. He cited that in the Bible, God's call to His followers to care for other human beings is clear (Philippians 2:4; 1 John 3:17-18; Proverbs 19:17 New International Version). “In fact, Jesus states that one of the most important commandments is ‘love your neighbour...

What are the precautions for prevention of corona virus? Special instructions for School Students

School Education Department issued an advisory to all the school heads and officers regarding precautions to be taken against the deadly novel coronavirus to prevent the spread of infection among school children. The advisory was sent out at the direction of Ministry of Health and Family Welfare, Government of India with a photocopy of the letter attached. The department in its advisory stated that the world is fighting against the rapid spread of coronavirus (COVID-19). In India, too, the number of cases identified has increased in the last few days. As the school going children are also susceptible to infection and this is a crucial time for children given the end of the academic year and examination, it calls for immediate measures minimizing the effects of the epidemic. In the advisory, the department advised the schools to avoid any large gatherings of students during the course of the day in school. Any student or staff with travel history to any COVID-19 affected countr...