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ZEISS Opens First Innovation Hub Outside Germany at IIT Madras

ZEISS Opens First Innovation Hub Outside Germany at IIT Madras
Zeiss opens Innovation Hub at IIT-M Research Park; 1st outside Germany · wionews.com

ZEISS is a German company that makes advanced optical and engineering technologies.

It has opened a new research center in Chennai, India.

This is ZEISS’s first Innovation Hub outside Germany.

The center is located at IIT Madras Research Park.

Researchers there will work on optics, robotics, engineering and fluid movement.

ZEISS and IIT Madras want to turn research ideas into useful technologies.

Students, startups, teachers and companies may work together at the hub.

ZEISS did not say how much money it invested in the facility.

The company said it spent 14% of its revenue on research and development.

Key facts

Facility
ZEISS Innovation Hub
Location
IIT Madras Research Park, Chennai, India
Significance
ZEISS’s first Innovation Hub outside Germany
Research areas
Advanced frugal engineering, harsh-environment optics, robotics and fluid dynamics
IIT Madras ecosystem
More than 250 research-driven companies, laboratories, startups and Centres of Excellence
ZEISS annual revenue
Almost 12 billion euros in the previous fiscal year
ZEISS research spending
14% of revenue invested in research and development

Quotes

Natarajan Malupillai

Group CEO of IITM Research Park and Incubation Cell

“ZEISS brings 180 years of leadership in precision optics, microscopy and advanced engineering, while IIT Madras Research Park has built one of India's most vibrant deep-tech innovation ecosystems. By joining hands, we have an opportunity to combine these complementary strengths to accelerate frontier research, develop globally competitive technologies to create a distinct innovation advantage that benefits both industry and society”
wionews.com

Sources

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