Vadodara, 7th Feb, 20204. India’s leading cryogenic solutions company, INOX India Limited (INOXCVA) and Inter-University Accelerator Centre (IUAC), an Autonomous institute under the University Grants Commission (UGC), Ministry of Education (MoE), Government of India, today signed a Memorandum of Understanding towards collaboration for the development of technology for the design and manufacture of Super-Conducting Magnet based System for clinical, industrial, defense and research applications. The MoU was signed by Deepak Acharya, Chief Executive Officer, INOXCVA and Prof. A.C. Pandey, Director, IUAC. IUAC is

This MOU symbolized an industry-academia collaboration, signifying a new era of Indian research institution and industry coming together to commercialize advanced technologies. INOXCVA & IUAC will work together to make India one of the global players in manufacturing of superconducting Magnet-based Systems.

At the MOU signing event, Deepak Acharya, CEO, INOXCVA said, “In the current times, all superconducting magnet systems, including MRI, are imported. Going forward, due to this collaboration with IUAC, the technology can now be indigenously developed, and such complex systems can be manufactured in India. The MoU is in sync with our inspired vision of Making In India.”

Professor A. C. Pandey, Director, IUAC, said, “This event signifies India’s commitment to usher in an era where India becomes a major manufacturing hub towards its journey to the third largest economy in the world. On 5th February, GoI gazette paved the way for the creation of the Anusandhan National Research Fund to strengthen the industry-academia collaboration and this event will be considered a landmark in the journey of self-reliant globally competitive India.”

 “This technology collaboration is committed to the development of superconducting magnet-based systems for various niche applications including clinical applications in India,” said Dr. Soumen Kar, Head, Cryogenics and Applied Superconductivity Lab, IUAC.

About Inter University Accelerator Centre (IUAC)

Inter University Accelerator Centre (IUAC), is an Autonomous institute under the University Grants Commission (UGC), Ministry of Education (MoE), Government of India, carries out particle accelerator-based basic research on nuclear physics, material science, atomic physics etc. IUAC is involved in extensive in-house R&D program for  the particle accelerators and the associated technologies. IUAC is also engaged in developing various innovative technologies on cryogenics and superconducting system for various applications.