India and US Forge $10 Million Pact for India-US Global Challenges Institute

India and US Forge $10 Million Pact for India-US Global Challenges Institute

Last Updated Sep - 12 - 2023, 08:33 PM | Source : NDTV | Visitors : 23

PM Modi and President Biden announced significant collaborations between India and the US, including a $10 million investment in the India-US Global Challenges
India and US Forge $10 Million Pact for India-US Global Challenges Institute

While Prime Minister Narendra Modi and US President Joe Biden enjoyed one-on-one conversations outside of the G20 conference in New Delhi on Friday night, the two countries announced a number of cooperation, including ones in the education sector.

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An official statement claims that the Association of American Universities (AAU) and the Council of Indian Institutes of Technology (IIT Council) have entered into an agreement to establish the India-US Global Challenges Institute, with a joint initial investment of at least $10 million US.

To promote numerous scientific and technological sectors, the Global Challenges Institute will bring together top research and higher education institutions from both countries. Sustainable energy, agriculture, pandemic preparedness, health, advanced materials, semiconductor technology, telecommunications, artificial intelligence, and quantum science are a few of these areas. The goal of this partnership is to address universal problems that demand interdisciplinary solutions. 

Additionally, the NYU-Tandon Advanced Research Centre in crucial and emerging technologies will be established in collaboration between IIT-Kanpur and the Tandon School of Engineering at New York University. The State University of New York at Buffalo will collaborate with the IITs of Kanpur, Jodhpur, BHU, and Delhi to establish Joint Research Centres. As a part of the India-U.S. Defence Acceleration Ecosystem (INDUS-X), IIT-Kanpur, IIT-Hyderabad, and other institutions will also take part in the Academia Startup Partnership. 

Additionally, IIT-Bombay has joined the Chicago Quantum Exchange as an international partner, advancing the growth of a global quantum economy.

Dharmendra Pradhan, the minister of state for education, praised the initiatives and emphasized the importance of their contribution to US-India educational cooperation. He remarked, "I applaud our Higher Education Institutions for being at the forefront of these revolutionary collaborations."

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