IIT Bombay Signs MoU with MiPhi Semiconductors to Advance AI-Driven Drone Technologies
IIT Bombay has signed MoU with MiPhi Semiconductors to collaborate on advancing AI-driven drone technologies and foster innovation in autonomous aerial systems.
IIT Bombay Signs MoU with MiPhi Semiconductors
Indian Institute of Technology Bombay has signed a Memorandum of Understanding with MiPhi Semiconductors Private Limited to accelerate research, development, and commercialisation of AI-powered hardware and software solutions, with a strong emphasis on advancing innovation in AI-powered drone technology. Under this academic-industry collaboration, MiPhi and IIT Bombay will work together to develop next-generation AI solutions, creating a first-of-its-kind platform for innovation that leverages IIT Bombay’s academic excellence and MiPhi’s cutting-edge proprietary AI technologies.
Commenting on the announcement, Prasad Balakrishnan, CEO of MiPhi, said, “This partnership not only reinforces our focus on innovating AI-powered solutions but also marks a significant milestone in our journey to bridge the gap between academia and key industries. By bringing MiPhi’s cutting-edge solutions and expertise together with IIT Bombay’s research strength, we are enabling a new wave of scalable, sustainable, and intelligent solutions.”
Commonly asked questions
IIT Bombay BTech batch placement record over the past three years is presented here:
Particulars |
BTech Placement Statistics (2022) |
BTech Placement Statistics (2023) |
BTech Placement Statistics (2024) |
|---|---|---|---|
Registered students |
657 |
791 |
930 |
Participated students |
566 |
679 |
819 |
Students placed |
544 |
598 |
683 |
Placement percentage |
96% |
88% |
83.39% |
During the IIT Bombay 2026 placements, 42 companies visited and made 98 offers on the first day. The highest international package offered was around INR 1.5 Crore per Annum.
Further, accroding to the SJMSOM final placement report 2026 for MBA program, 100% placement was recorded in 2026. The highest and average package recorded during IIT Bombay MBA placements 2026 was INR 53.8 LPA and 28.16 LPA.
Both IIT Bombay and NIFT Mumbai are recognised for their BDes course. For better comparison, below are some parameters to compare BDes programme of both the institutes:
| Parameter | IIT Bombay | NIFT Mumbai |
|---|---|---|
| Total tuition fee* | INR 8 Lacs - INR 11.6 lakh | INR 5.6 Lacs - INR 11.7 lakh |
| Overall NIRF Ranking 2023 | 4 | NA |
| Specialisation | Industrial Design, Communication Design, Animation, etc. | Fashion Design, Fashion Communication, Textile Design, etc. |
| Selection criteria | UCEED | NIFT Entrance Exam |
*The fee is taken from an unofficial source. Hence, data might vary.
Speaking on the partnership Prof. Ganesh Ramakrishnan from, IIT Bombay said “This collaboration reflects IIT Bombay’s commitment to translational AI research with real-world impact including security and defense applications. By aligning our strengths in edge AI and autonomous systems with MiPhi’s advanced hardware capabilities, we also aim to accelerate the goals of advancing indigenous, intelligent aerial solutions for public good.”
Aligned with India’s Make in India and Digital India initiatives, this MoU highlights the critical role of collaborative ecosystems in advancing the nation’s AI ambitions particularly in high-impact areas such as drone technology, smart mobility, and autonomous systems. Through this partnership, MiPhi and IIT Bombay aim to deliver impactful technological innovations that will drive India’s next wave of AI-led growth and strengthen its position on the global technology landscape.
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Sanjana Surbhi is education focused content specialist with over five years of experience in education sector. She covers engineering and government exams. She holds Bachelor’s degree in Mass Communication from Patn
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