Applied Materials Joins IITB Research Park as Anchor Client

The Indian government’s “Make in India” initiative has intensified the need for strategic partnerships that create an ecosystem supporting next-generation research and high-value manufacturing to drive economic growth in the country. An example of successful industry-academia collaboration that has transformed the traditional role of corporate involvement in university research is the strategic partnership between IIT Bombay and Applied Materials. Now celebrating its tenth year, the partnership has led to the establishment of a vital center of competence for Applied Materials and continues to play a significant role in developing a semiconductor manufacturing ecosystem in India. As a significant step to strengthening the partnership, IIT Bombay and Applied Materials announced that Applied will be the first anchor client of IITB’s upcoming Research Park. The IIT Bombay Research Park will enable technology-focused companies to co-locate R&D assets at IIT Bombay, and thereby benefit from close interaction with faculty and student researchers, and from seamless access to labs, equipment and services. The Applied Materials and IIT Bombay partnership started with a few sponsored projects in 2005, and in over ten years has grown to include India’s first university –based facility with 200 mm fab tools, three on-site labs focusing on Nanotechnology, Chemistry & Material Sciences ...