IOC in R&D tie-up with Australia's Deakin University

Indian Oil Corp. (IOC) has signed a memorandum of understanding (MoU) with Deakin University, one of Australia’s leading universities with strong industry connections, aimed at strengthening research partnerships in India. R.K. Malhotra, executive director, IOC R&D, and Lee Astheimer, deputy vice- chancellor (Research), Deakin University, signed the MoU in Delhi recently. The new partnership, an extension of the Deakin India Research Initiative (DIRI), will bring researchers working with IOC to Deakin under the Indian Oil Golden Jubilee Research Fellowships and vice versa. The focus would be focus on research projects with a high potential for commercialization. (January 25, 2010)