The Institutions of higher learning in India and Russia have signed 11 Memorandum of Intents (MoIs) to establish the Network of Institutions of Higher Education.
As per MoIs, leading Russian and Indian Academic Institutes will combine their efforts to train highly qualified staff for innovative economy and expand scientific, technical and technological cooperation.
The establishment of a network of Indian and Russian Universities will facilitate establishment of more institutional linkages, including exchanges of faculty, researchers and students, joint research activities and scientific conferences and symposia.
Among those that signed the memorandum from Indian side were IIT Bombay, Madras and Delhi and also University of Delhi, Indian Statistical Institute and Institution of Engineers.
A cooperation agreement was also signed between the Department of Science & Technology in India and Russian Science Foundation, which will offer another platform for supporting joint research projects.
By singing these MoIs with Russia, India seeks to accelerate her economic growth and development through a strong emphasis on technology and innovation.