The above news appeared in leading news papers. It was a historical agreement by our institute to any private international technological company, reflecting the R & D capability of our college. Here is the news item reproduced from the company’s website.
News on the Moser Baer website ...
Moser Baer, IT BHU sign technology MoU Tuesday, May 23, 2006
Plan 5-year joint R&D into basic and applied areas of material sciences
Plan 5-year joint R&D into basic and applied areas of material sciences
New Delhi, 23 May, 2006: Moser Baer India has joined hands with the Institute of Technology, Banaras Hindu University (BHU) to work jointly in the frontier areas of fundamental and applied R&D for optical storage media and Photovoltaic industry. Towards this end, the two organizations signed a memorandum of understanding for a period of five years to jointly work in the area of organic dye technology and the inorganic thin-film area.
Prof S N Upadhyay, UP Ratna and Annapurna Awardee, and Prof Dhananjai Pandey, ex Director Atomic Energy Facilities, BARC signed the MoU on behalf of the institute, Mr. Deepak Puri, Chairman and Managing, Moser Baer, signed the MoU on behalf of the company.
Moser Baer chairman and managing director Deepak Puri welcomed the agreement and underscored the critical role played by fundamental research in making any organization in the technology space self-sustaining and a long-term force. “Moser Baer has always focused on both fundamental and applied research and development, and this is one of the corner stones that have enabled the company to develop new and innovative products-both in organic dye technology and the inorganic thin-film based optical data storage space,” he added. “While we invest 2% of our revenues on R&D, it is agreements like this one with organizations like IT BHU that really hold the potential to explore the next frontiers of technology.”
Moser Baer has taken a lead to work jointly with the academia and this is the second tie up for the company. In early 2005, the company had signed a MoU with the prestigious IIT Delhi to work jointly in the area of thin film sputtering technology. According to Mr. Puri, “It gives my immense pleasure to see the academia-industry relationship like this blooming and I firmly believe that it is a win-win situation for the academia, industry and India as a whole.”
“This agreement marks a step-a leading corporate and a top institute have come together to work jointly to develop technologies that the country would often seek support for from outside the country.” Prof Pandey said.
Moser Baer’s Giriraj Nyati said there was enormous scope for the development of new technologies to enhance the current data storage capacity of optical formats-from 50 Gb to 200 Gb-using both organic and inorganic materials as the recording media. Apart from new technologies, the MoU will also look at developing low cost indigenous substitutes for various components in the manufacture of optical and photovoltaic material.
He emphasized that the collaboration with IT BHU Delhi was an attempt to the leverage of the synergistic capabilities on both sides. Moser Baer, with a large R&D team of over 100 people, has developed in-house expertise in various areas of the optical media and will work with IT BHU and its vast pool of knowledge in the materials sciences area.
IT BHU was represented by Professor Punjab Singh (Vice Chancellor, BHU), Professor Dhananjai Pandey (SMST, IT BHU), Professor SN Upadhyay (Director, IT BHU) and Professor S Lele (Rector, BHU), apart from scientists from the Ministry of Information Technology.
About Moser Baer India Ltd
Moser Baer India Ltd, headquartered in New Delhi, was established in 1983. It has developed cutting-edge technologies for recordable optical media, constantly innovating and introducing new products and processes. An emphasis on high-quality products and services has enabled Moser Baer to emerge as one of India’s leading technology companies with a nearly 20% share of the global recordable optical media market. The company employs over 7,000 people and has multiple manufacturing facilities in the suburbs of New Delhi, The company services its customers through six marketing offices and subsidiaries in India, the US, Europe and Japan.