Germany's Fraunhofer institute to assist Make in India initiative

The Department of Heavy Industries (DHI), Government of India, and Fraunhofer, Germany, on October 5, 2015 signed a framework memorandum of understanding (MoU) making Fraunhofer as a technology resource partner to support and augment the Make in India programme by increasing the innovation and technology prowess of Indian industry.
 
The activities include creating a road-map for technological development for Indian industry, identifying and plugging technology gaps. Implementation identified projects in manufacturing, working with various stakeholders in government, industry & academia for increasing cooperation in applied research.
 
Research activities of Fraunhofer-Gesellschaft, which is the leading organisation for applied research in Europe, are conducted by 66 institutes and research units at locations throughout Germany. The Fraunhofer-Gesellschaft employs a staff of nearly 24,000, who work with an annual research budget totalling more than Euro 2 billion. Of this sum, around Euro 1.7 billion is generated through contract research. More than 70 percent of the Fraunhofer-Gesellschaft’s contract research revenue is derived from contracts with industry and from publicly financed research projects.