Tata Steel has signed a Memorandum of Understanding with Imperial College London to set up a Centre for Innovation in Sustainable Design and Manufacturing in London. The centre will enable the acceleration of technology development and deployment in strategic areas, attract talent and strengthen the industry-academia collaborative eco-system. To pursue this goal, Tata Steel will invest £10 million (₹104 crore) over four years in this centre.
Primary themes
The centre will initially focus on four primary themes: manufacturing for the future economy, smart manufacturing, sustainable multi-material joining technologies, and net-zero construction technologies. The Centre will work on sustainable material manufacturing, encompassing the design and development of downstream processes with low-CO2, low-energy, and low-cost footprints.
The aim is to collectively leverage Imperial’s engineering and design partner ecosystem for multi-material solutions with sustainability attained through the design of processes for making components.
CreditSights downgrades Tata Steel rating to ‘Underperform’
TV Narendran, MD, Tata Steel, said the centre at Imperial provides a strong academic and research platform with an excellent talent pool.
The goal is to synergise research excellence with industry experience to create cutting-edge technology solutions for a greener future, he added.