The Indian Institute of Technology Kanpur (IIT Kanpur), one of India’s leading institutions for engineering research and innovation, has signed a Memorandum of Understanding (MoU) with NMexus™, a New Mexico-based non-profit Special Purpose Vehicle (SPV), to enhance bilateral collaboration in the areas of clean and sustainable energy, aerospace, artificial intelligence (AI), cybersecurity, quantum computing, robotics, and advanced manufacturing.

This expanded partnership aims to strengthen cooperation between academic institutions, research laboratories, and industry stakeholders across India and the United States. Through this MoU, IIT Kanpur and NMexus™ will jointly pursue research, innovation, and technology commercialization efforts that address global challenges and promote sustainable development.

Speaking on the occasion, Manindra Agrawal, Director of IIT Kanpur, said: “This partnership with NMexus™ reflects IIT Kanpur’s continued commitment to expanding international collaborations that support high-impact research and innovation. By working closely with academic institutions, research labs, and industry in New Mexico, we aim to co-develop technologies that address key global challenges across clean energy, AI, aerospace, cybersecurity, medtech and advanced manufacturing. We see this as a practical step toward building scalable and sustainable solutions.”

As part of the partnership, NMexus™ will support technology-led initiatives through its Centre located in the Mesa del Sol innovation district. The Centre is designed to support up to 40 companies annually, with an estimated potential to generate around 1,500 jobs and contribute over $400 million to the New Mexico economy over the next five years. The initiative was formally launched by Governor Michelle Lujan Grisham at the SelectUSA Investment Summit held in May 2025.

Highlighting the significance of the partnership, Mr.Amar Vakil, Executive Director of the NMexus Center, said,“This partnership between NMexus and IIT-Kanpur lays the foundation for global collaboration in science, technology, and economic development. By linking New Mexico’s growing innovation ecosystem with world-class talent and research from India, we are catalyzing opportunities that will benefit communities on both sides of the globe.”

This MoU not only strengthens the ongoing collaboration between IIT Kanpur and NMexus™, but also reinforces the shared vision of leveraging innovation to address global challenges. By bringing together leading researchers, institutions, and industries from India and New Mexico, the partnership is poised to serve as a model for international cooperation in science, technology, and sustainable development.

About NMexus:

NMexus is a global business accelerator and commercialization center based in Albuquerque, New Mexico, which was launched to attract foreign direct investment and support international companies in expanding into the U.S. market. Located in the Mesa del Sol innovation district, NMexus provides soft-landing infrastructure, regulatory guidance, mentorship, and business development services. Designed to serve up to 40 companies annually, the center aims to generate up to 1,500 jobs and create an economic impact of over $400 million within five years.

About IIT Kanpur:

The Indian Institute of Technology Kanpur, established in 1959, is recognized as an Institute of National Importance by the Government of India through an Act of Parliament. Renowned for its excellence in science and engineering education, IIT Kanpur has significantly contributed to research and development over the decades. Its expansive, lush green campus spans 1,050 acres and hosts various academic and research resources. The institute comprises 19 departments, 26 centers, three interdisciplinary programs, and two specialized schools across engineering, science, design, humanities, and management disciplines. With over 590 full-time faculty members and more than 9,500 students, IIT Kanpur fosters innovation and academic rigor.

For more information, visit www.iitk.ac.in.