ITC Limited signed an MoU with IIT Delhi to support research in identified STEM (Science, Technology, Engineering and Mathematics) areas for accelerating India’s journey towards achieving its Sustainable Development Goals.
Prof. Sunil Khare, Dean, Research and Development, IIT Delhi, said, “The industry is undergoing massive transformation with ever-increasing need for sustainable and functional products that are driving new innovations.”
“The collaboration will combine the cutting-edge research at IIT Delhi with application know-how of ITC to accelerate innovation and develop solutions for a variety of end-use applications of our customers and society at large,” he added.
Speaking on the partnership, Prabhakar Lingareddy, Executive Vice President and
Head - Social Investments, ITC Limited stated, “ITC has embarked on the next horizon of sustainable excellence with a comprehensive Sustainability 2.0 vision, which resolves to ‘Build Back Better’,” he said.
“The redefined Sustainability 2.0 Vision with ambitious targets calls for inclusive strategies that can support even more livelihoods, pursue newer pathways to fight climate change, support circular economy and enable transition to a net zero ecosystem, thus contributing meaningfully to the nation’s NDC commitments and SDG Goals,” he added.
Prabhakar Lingareddy further stated, “Over the years, while rapid strides have been taken towards achieving these goals, there are several areas that still require development of viable technology solutions to enable scale up and a transformational impact.”
“It is ITC’s objective to leverage the technical expertise of institutions such as IITs and support R&D activities in identified areas, which will accelerate India’s journey towards achieving its SDGs,” he added.
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