Mumbai: Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, signed an agreement with the Indian Institute of Technology Bombay, the nation’s premier technology and research institution to jointly pursue research and development work in the Green betfair betting tips value chain.
Both the institutions have joined hands to contribute towards development of the Green betfair betting tips industry in India and to develop next-generation technology in this emerging field.
L&T’s engineering expertise, product scale-up and commercialization know-how and IIT Bombay’s cutting-edge research in betfair betting tips technologies will help this partnership accomplish its goal.
Commenting on the occasion, Mr. S N Subrahmanyan, CEO & MD, L&T said, “L&T has always been in the forefront to drive technological advancements and indigenisation in India across sectors. We are positioning to drive Green betfair betting tips economy in India together with our partners.”
“Our partners and clients are also looking forward to leveraging our capability to reduce costs and industrialise Green betfair betting tips. This collaboration with IIT Bombay and its world-class technologists will support the cause of developing indigenous globally competitive technologies and nudge India towardsAatmaNirbharin betfair betting tips.”
Speaking on the collaboration,Prof. Subhasis Chaudhuri, Director, IIT Bombaysaid, “Given the urgency of the climate crisis and India’s own ambitious target of becoming net zero by 2070, transition from fossil fuel to Green betfair betting tips will play a key role in this goal. India’s National betfair betting tips Mission is a step in the right direction, and I am confident that our partnership with L&T will result in scalable and cost-effective solutions. IIT Bombay’s endeavour is to contribute significantly to challenges of national importance, and our association with L&T to develop technologies for Green betfair betting tips that can make India self-reliant in this space, is one such example.”
Technology plays a central role in the growth of an emerging industry like Green betfair betting tips. Research and Development in areas to improve energy efficiency, reliability and reducing equipment cost is crucial to improve affordability and hence, scaled adoption of Green betfair betting tips in India is the need of the hour. Recognising this, L&T as an industrial partner is collaborating with IIT Bombay to support development of Indian R&D ecosystem and technology leadership for the sector.
The Central Government in February 2022 notified the Green betfair betting tips policy aimed at boosting production of Green betfair betting tips and Green Ammonia to help the nation become a global hub for the environmentally friendly version of the molecule. For countries like India, with its ever-increasing oil and gas import bill, Green betfair betting tips will help provide crucial energy security by reducing the overall dependence on imported fossil fuels.