Industry depends on human resources fine tuned in the universities but rarely partners with them in actually shaping the products they want to grab.
But senior academics driving the institutions now want the industries, whether IT or conventional, to pump in at least one per cent of their profits into the universities.
These funds could be used for student and faculty training programmes and research and development that have become an integral part of academics in the wake of globalisation.
The skills developed through these funds would in turn be useful to the industry. This was one of the recommendations made by Vice-Chancellors who debated and deliberated for three days at the South Zone Vice-Chancellors conference held at the Jawaharlal Nehru Technological University (JNTU) Hyderabad. The theme of the conference was ‘Globalisation and Impact on Higher Education.’