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Tata Steel to invest £10 million in centre for Innovation

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Tata Steel has signed a Memorandum of Understanding (MoU) with Imperial College London to set up a Centre for Innovation in Sustainable Design and Manufacturing in London.

The Centre will enable the acceleration of technology development and deployment in strategic areas, attract talent, and strengthen the industry-academia collaborative eco-system. To pursue this goal, Tata Steel will invest £10 million over four years in this Centre.

T. V. Narendran, CEO & MD, Tata Steel, said: “The Centre for Innovation is a part of Tata Steel’s larger endeavour to build stronger industry-academia partnerships for driving technological advancement and creating strategic advantages.”

“The Centre at Imperial provides a strong academic and research platform with an excellent talent pool”, T. V. Narendran added.

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Dr Debashish Bhattacharjee, Vice President, Technology and R&D, Tata Steel, said: “The Centre at Imperial will focus on design and development of sustainable solutions. Sustainability cannot be an after-thought, rather needs to be embedded into the production process and materials design.”

Professor Mary Ryan, Vice-Provost (Research and Enterprise) at Imperial College London and co-chair of the Governing Council of the Centre, said: “Drawing on Imperial and Tata Steel’s combined expertise, this new Centre will work to reduce the environmental impact in steel production and in key sectors that use steel, like the clean energy sector.”

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.