The primary focus of this collaboration will be on addressing the complexities of cross-border logistics through innovation and the seamless integration of digital intelligence.
The Indian Institutes of Technology (IIT) Bombay and Madras have collaborated with FedEx Express (FedEx), a subsidiary of FedEx Corp. FedEx, a global express transportation company, has committed a USD 10 million corporate social responsibility grant to the two IITs.
This initiative will contribute to the establishment of a globally recognised “Centre of Excellence” (CoE), strategically located within physical infrastructure on both IIT campuses. This CoE will spearhead research and development while concurrently nurturing a dynamic talent pool, supporting fellowship programmes for Master’s and doctorate students, and actively catalyzing the growth of the startup ecosystem in India.
“Together with FedEx, we are determined to create a hub where technology and talent converge to drive sustainable logistics. With a specialized focus on operations research and network planning, we aim to spearhead developments that optimize efficiency, enhance strategic planning, and contribute to the broader landscape of sustainable logistics advancements,” said Prof. V. Kamakoti, Director, IIT Madras.
Prof. Subhasis Chaudhuri, Director, IIT Bombay, said, “IIT Bombay is committed to working closely with industry leaders to support the development of scalable and futuristic solutions and enable young, deserving minds that can facilitate the advancement of industries and solve the grand challenges being faced by them at the national and global level. Our collaboration with FedEx is a significant step in supporting the development of advanced logistics. These efforts in addressing some of the most pressing challenges such as digital transformation of supply chains and the integration of digital twins, will go a long way and create a profound impact.”
Loading...
Lovely Professional University (LPU)
Jalandhar, Punjab
Type: Private University
IBS Hyderabad
Hyderabad, Telangana
Type: Private
MIT-WPU
Pune, Maharashtra
Chandigarh University
Mohali, Punjab
Chandigarh University, Lucknow
Unnao, Uttar Pradesh
RV University
Bangalore, Karnataka
Institute of Public Enterprise (IPE)
KL University
Guntur, Andhra Pradesh
Type: Deemed to be University
ICFAI University (IFHE)
GITAM Deemed to be University
Visakhapatnam, Andhra Pradesh
Hyderabad Business School, GITAM University
Medak, Telangana
KLH Hyderabad
MIT VPU
Solapur, Maharashtra
Universal AI University
Raigad, Maharashtra
Maharishi Markandeshwar University
Ambala, Haryana
DOMS - Nalsar University
Type: Public
DIT University
Dehradun, Uttarakhand
Mohan Babu University
Chittoor, Andhra Pradesh
SRM University, AP
MNR University
Medchal, Telangana
VIT-AP University
VIT Vellore
Vellore, Tamil Nadu
SRM University - SRMIST Chennai
Chennai, Tamil Nadu
Amrita Vishwa Vidyapeetham
Coimbatore, Tamil Nadu
Manipal Academy of Higher Education
Dakshina Kannada, Karnataka
Woxsen University
Christ University
Reva University
Sathyabama University, Chennai