Altair & Designtech Systems Sign Memorandum Of Understanding (MoU) With Manav Rachna University

US-based Altair, (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing and data intelligence, in a collaborative effort with its channel partner in India, DesignTech Systems, has signed a tri-party MoU with Manav Rachna University (MRU), Faridabad. MRU is a leading State Private University established by Haryana State Legislature Act No. 26 of 2014, under section 2(f) of UGC Act 1956.

Speaking on the occasion of the signing of the MoU, Dr Prashant Bhalla, Chancellor, MRU said, “This initiative will provide a major boost for imparting high-end technical skills to the youth, and prepare them for employment or self-employment. Industries in Delhi and the Haryana regions will get major support by getting high-end skilled manpower”.

The MoU establishes co-operation between the three entities for setting up a Center of Excellence (CoE) providing infrastructure facilities for 30 engineers to work simultaneously on Computer-Aided-Engineering (CAE) simulation related student projects. MRU will conduct formal courses as part of the curriculum for students. It will also offer regular short-term training programmes with the content & duration based on industry needs.

Pavan Kumar, Senior Vice President, Global Indirect Sales, Altair, said “We, along with our partner DesignTech, are happy to collaborate with Manav Rachna University. These initiatives are designed to use technological solutions and resources to better align technical institutes with industry requirements by getting undergraduate and postgraduate students who are industry ready and boost innovation skills in these budding engineers. Altair offers many programmes to foster and promote the engineering discipline by providing real-world experience and skills”. 

The CAE-CoE will include the following activities as a part of the programme:

• Training of formal subjects for Under-graduate (UG) /Post-graduate (PG) programmes
• Conduct Laboratory classes for UG/PG programmes
• Conduct projects at UG/PG/PhD level programmes
• Conduct short term/continuing education programmes
• Carry out research projects for the industry
• Carry out induction training for those recruited by Altair
• Other activities as mutually agreed upon by the parties

I K Bhatt, Vice Chancellor, MRU said, “This is a commendable initiative undertaken by Manav Rachna University and Altair. This will help to bridge the knowledge gap between industry and academia.  Initiatives like this will provide students with the right platform to acquire contemporary knowledge, while DT shall also help the university to train the students and the industry shall get trained manpower in the chosen area”. 

On this occasion, Vikas Khanvelkar, Chairman and Managing Director, DesignTech Systems, said, “We are proud to be associated with a prestigious institution like Manav Rachna University. Altair CAE solutions are being heavily used by leading MNCs and companies in the product design and engineering fields around the world. This will give students an excellent opportunity to be trained on these software so as to begin their career on a high start”.