Tata Steel and Australia’s Monash University have signed a Memorandum of Understanding (MoU) to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on contemporary global challenges such as decarbonisation, resource recovery from sustainable sources, and technologies for advanced, additive, and data-driven manufacturing. The MoU is a milestone that marks the beginning of the first major research and development collaboration of Tata Steel with an Australian institution.
The collaboration will provide educational and professional opportunities for students and academia, fostering the exchange of knowledge and talent between India and Australia. On a broader scale, this partnership will help the Australian innovation ecosystem build stronger ties with India.
As part of its decarbonisation journey, Tata Steel is seeking innovative ways to achieve its sustainability goals through continuous experimentation, investments in research, technological innovations, and collaborations with various academia, startups, and other reputed organisations. The Company recently signed MoUs with Imperial College London and The Henry Royce Institute to set up Centres of Innovation in the UK focussing on sustainable design and manufacturing, and advanced materials.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer.
Company Name | CMP |
---|---|
Tata Steel | 172.55 |
JSW Steel | 920.00 |
SAIL | 144.00 |
Jindal Stainless | 810.45 |
Jindal Saw | 550.00 |
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