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Bridging the Divide: FTCCI's Industry-Academia Connect Initiative

In a landmark event held at the Federation of Telangana Chamber of Commerce and Industry (FTCCI) headquarters in Red Hills, the ICT (Information and Communications Technology) Committee unveiled a groundbreaking initiative poised to revolutionize the landscape of education and employment: the Industry-Academia Connect. With leaders from both industry and academia in attendance, the launch marked a pivotal moment in addressing the longstanding gap between theoretical learning and practical application.

The chief guest, Prof UB Desai, founding Director of the Indian Institute of Technology Hyderabad, emphasized the critical need for closer collaboration between industry and academia. He highlighted the disparity in focus between the two sectors and stressed the importance of initiatives like the Professor-of-Practice program in aligning education with real-world demands. Prof Desai's call to industry experts to engage directly in academia resonated throughout the gathering, setting the tone for collaborative action.

Mohan Raidu, Chairman of the ICT Committee, underscored the urgency of addressing the talent paradox, wherein a surplus of engineering graduates contrasts sharply with the demand for skilled professionals, particularly in emerging technologies. The Industry-Academia Connect initiative, he explained, seeks to bridge this gap by providing students with hands-on experience and exposure to real-world challenges.

Pankaj Diwan illuminated the genesis of the initiative, tracing its origins to the national aspiration of achieving a $5 trillion economy. Recognizing the pivotal role of skilled manpower in driving economic growth, he emphasized the need for a paradigm shift in education towards a product-centric mindset. With aspirations to benefit thousands of students in its initial phase, the initiative aims to cultivate a new generation of product engineers equipped to tackle complex problems.

The launch event witnessed the signing of several MoUs, signaling widespread support and collaboration among key stakeholders. Government officials, industry leaders, and academic luminaries came together to endorse the initiative, recognizing its potential to reshape the future of education and employment in Telangana.

The subsequent panel discussions delved into pertinent topics such as talent management in disruptive times and the role of women in driving economic growth, reflecting the initiative's holistic approach to addressing multifaceted challenges.

As the event drew to a close, the ICT Committee unveiled additional initiatives, including faculty fellowships and the establishment of Centers of Excellence, further cementing its commitment to fostering innovation and excellence in education.

With the enthusiastic participation of students, faculty, and industry representatives, the launch of the Industry-Academia Connect initiative heralds a new era of collaboration and innovation, poised to propel Telangana towards greater economic prosperity and global competitiveness.


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