Global automotive technology supplier Valeo has signed Memorandum of Understanding with multiple premier educational institutes including Vellore Institute of Technology (VIT) and Loyola, ICAM College of Engineering and Technology (LICET) and Society for Innovation and Entrepreneurship (SINE) – IIT Bombay, in India, to attract best engineering talent. Through experiential learning opportunities and mentoring, Valeo will also support them to become industry-ready professionals, by the time they step out of the university.
VIT: Valeo’s collaboration with VIT will see the company establishing a Center of Excellence at the VIT Campus to support students and research scholars in automotive research, especially in powertrain, safety, power electronics and infotainment. Besides, Valeo will initiate joint research projects along with VIT on emerging technologies.
LICET: This MoU between Valeo and LICET will enable both the organisations to work together in areas of common interests such a Mechanical Engineering, Electrical and Electronics Engineering, Electronics and Communication Engineering and Computer Science and Information Technology. Valeo will provide the students with hands-on experimental learning opportunities and equip them with the right skill-sets to work with the emerging auto technologies.
SINE-IIT Bombay: Valeo has joined hands with the Society for Innovation and Entrepreneurship (SINE) – IIT Bombay, for the second edition of “Plugin”, a collaborative accelerator programme. The plugin is a joint initiative of SINE-IIT Bombay, Intel India and Department of Science and Technology and it provides mentoring, training along
with networking opportunities for start-ups. As Plugin’s ‘Corporate Collaborator’, Valeo will get early access to SINE’s start-ups and innovators working in the transportation domain.
ShARE: In addition to the above, Valeo, along with ShARE has initiated a “Student Ambassador Programme” in India. As part of the programme, students from premier Indian institutes – Indian Institute of Technology Chennai, Mumbai, Delhi, Roorkee and Indian Institute of Management, Ahmedabad is chosen as student ambassadors, who will work specifically to create awareness for Valeo and its technologies among the student community. In return, Valeo will provide content and consulting missions to the students.
“India is a key market for Valeo and the R&D facility set-up in Chennai is emerging as a global R&D hub, contributing significantly to all Valeo customers across the world. We are scaling up our R&D operations and will be increasing the R&D headcount to 5,000 engineers by 2023. I am confident that through this Industry- Academia Connect initiatives, Valeo would be able to recruit the best from the engineering talent pool available in the country,” said Ashok Belani, Group President and Managing Director, Valeo – India.