Bharat Forge, the flagship company of the USD 2.4 billion Kalyani Group and a critical supplier to the automotive & capital goods industry signed a Letter of Intent (LOI) with the Indian Institute of Technology, Bombay (IITB) for creation of a M.Tech Programme for its employees. The LOI was signed by Prof. Ashok Misra, Director, IIT Bombay and Mr B N Kalyani, Chairman & Managing Director, Bharat Forge Limited on 1st October 2008.
The LOI aims at fostering collaboration between IITB and BFL to promote academic and research interactions. The two years full time M.Tech (Materials, Manufacturing and Modelling) Programme will be specially designed as per the BFL requirement, with a view to develop the research & development capabilities of its available human resources.
The proposed M.Tech programme is trans-disciplinary in nature and would be first of its kind in the institute. The first batch will commence in July 2009. During the first year of the programme, employees of BFL will be deputed to IITB for classroom training on full time basis, while during the second year the employees would do their project, jointly at BFL and IITB.
Mr. B.N. Kalyani, Chairman & Managing Director, Bharat Forge Ltd, said “I am extremely pleased to announce the beginning of this partnership with IIT Bombay and I am sure that such technology oriented partnerships will be mutually fulfilling, enhance the much-needed interaction between the industry and educational institutions and bring great benefit to the nation, at large”.
As a technology driven manufacturing company, we are extremely focused on people capabilities and are working towards creating a ‘Global Talent Pool’, he added. As a part of this initiative, Bharat Forge has tied up with Birla Institute of Technology and Science (BITS), Pilani for B.S. (Manufacturing Engineering) and Warwick University for M.SC in Engineering Business Management. With the IITB LOI now in place, we will be in a position to provide learning opportunities to our employees, at all levels.
Speaking on the occasion Prof. Ashok Misra, Director IIT Bombay, said, “Partnering with Bharat Forge, which is among India’s most rapidly growing industrial multinationals, is a major initiative for IIT Bombay. This tie-up will promote active research and synergize and mutually benefit both academia and the growing Indian Industry.”
The M.Tech programme under this collaborative arrangement will offer the BFL employees with an opportunity to:
Bharat Forge Ltd., the flagship company of the USD 2.4 billion Kalyani Group, is a critical supplier to the automotive and capital goods industry. With manufacturing facilities spread over 12 locations and 6 countries – four in India, three in Germany, two in China and one each in Sweden, Scotland and North America, the company manufactures a wide range of safety and critical components for passenger cars, commercial vehicles and diesel engines. The company also manufactures specialized compon ents for the aerospace, power, energy, railway, construction equipment, oil & gas and other industries. It is capable of producing large volume parts in both steel and aluminum.
IIT Bombay, second in the chain, was established in 1958 at Powai, and all IITs were declared as Institutes of national importance by an Act of Parliament in 1961. Today the Institute is recognized as one of the centres of academic excellence in the country. Over the years, there has been dynamic progress at IIT Bombay in both academic and research activities, including a parallel improvement in facilities and infras tructure to keep it on par with the best institutions in the world. Institutes in positions of excellence grow with time. The ideas and ideals on which such institutes are built evolve and change with the national aspirations, national perspectives and global trends. IIT Bombay, too, is one such institution. On an average, the institute admits over 600 candidates for the undergraduate programme through Joint Entrance Exam (JEE), 100 candidates for M.Sc. programmes, 550 candidates for different postgraduate programmes and 200 for Ph.D. programmes, every year.