I am delighted to recall the legendary poet Shri. Rabindranath Tagore’s golden statement that “You can’t cross the sea merely by standing and staring at the water”, which aptly embraces the main theme of 2nd Annual GCS Conclave, “Convergence of Industry-Academia Expedition”. By virtue, higher education institutions and industries are the backbone of any country’s economic eco-system. Success of any organization is primarily driven by the knowledge it possesses and the ability of its team to apply that into practice effectively. The source of this knowledge is at the academic institution level and the implementation of these is with the Industry. Any one of these two without the other cannot exist in reality. All the while, these two used to exist in silos and the effect of this is the clear mismatch between supply and demand and in turn un-employability today. The faster the Institution and Industry realizes this, the better! Strategically speaking if we are talking about a vertical alliance, there is no better way to solve the un-employability issue in India than having a strong interface between Institution and Industry. Indeed, we can, to an extent confidently state that innovation, IP generation, incubation of startups and the necessary ecosystem is a must for the economic success and again this seed is sown at the Institution level.
On all parlance, the research and other development activities which are taking place at the institutions level will benefit the industries and society at large. If the alignment and interaction becomes more, the graduates can also get better equipped to meet the ever growing demands of the fast-changing industry environment. An ideal collaboration between academia and industry needs to ensure that the curriculum includes programs and practices that are needed by the industry. With the ever changing competitive industrial landscape across the globe, the need of the hour is to possess the right productive workforce. Making a resource “Right one” is with the institution and making it “Productive” is with the Industry. It’s just a matter of time for this culmination to happen. Albeit the word “Research” is associated more with academia; this is a daily affair at any organization across the horizon. Industry can and should involve and integrate with academia for these research activities. The result of this approach would be more of “ready to use” available workforce and better management of operation overheads within the industry. Firmly believe, an endeavour of this kind, initiated by Surana Educational Institutions to honour the significant contributors from academia and industry would be a stepping stone to build more rigor nexus between Industry and Academia.