The
Institute has expertise in various research areas
which are of interest to the industry. It encourages
its faculty to undertake consultancy work which is
an important tool in industrial growth of the Country.
The R&D acts as a liaison between the Institute
and industry / government bodies to undertake consultancy
projects with specific problem, which are generally
of short duration. Some of the industries are SHELL,
HPCL, Crumoz Inc., Zeus Numerix, Forbes Mashall, Chevron.
The
consultancy projects provide a first hand knowledge
of the current problem of the industry that is very
helpful in streamlining the curriculum to the needs
of the industry. The faculty and students get an opportunity
to solve practical realistic problems; thus helping
to enrich the professional experience and knowledge
base of the Institute.
In the year 2010-11, about 97 consultancy projects with a total outlay
of Rs. 898 lakh were undertaken by the faculty and staff.
How
to initiate a consultancy project
Calculation
of overheads (PDF)
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