Chandigarh Building strategic partnership, Chitkara University, Punjab, signed a memorandum of understanding (MoU) with Tafe Motors and Tractors Limited (TMTL).

The MoU was signed within the presence of Madhu Chitkara, pro-chancellor, Chitkara University; Nikhil Sinha, affiliate vice-president, TMTL, and the chief visitor for the event; and Piyush Garg, vice-president, Chitkara University Center for Entrepreneurship Education and Development (CEED).

Under the settlement, TMTL will present CSR funding funding to Chitkara University, which is able to encourage revolutionary know-how startups and agritech startups that may profit the society and the nation. Another key initiative of this MoU is that TMTL will encourage IT startup by offering logistics, funding assist and a 3D printing machine design house.

Students of Chitkara University will even get alternative for internships and profession alternatives in TMTL and profit from their sources.

On the event, Madhu Chitkara, pro-chancellor, Chitkara University, stated, “We, at Chitkara University, believe in providing our staff and students the perfect environment and opportunities to hone their skills and engage in ideas with each other. With such collaborations, we are able to bring inquisitive minds under one roof that motivate our students who are the passport to the future.”

Nikhil Sinha, affiliate vice-president, TMTL, stated, “Tafe Motors has a strong presence in the retail, agro, telecom, and industrial segments, with more than 18 years of service. Hence, the MoU will serve as a comprehensive partnership for industry-academia collaboration, for the promotion of innovation, startups, and research with a special focus on CSR.”