IHFC–IIT Delhi and Vietnam's National Association of Entrepreneurship Sign MoU to Boost Start-Up Ecosystem
IHFC and the National Association of Entrepreneurship, Vietnam, have signed an MoU to launch a cooperative program aimed at fostering a thriving start-up ecosystem.
IHFC–IIT Delhi and Vietnam's National Association of Entrepreneurship
The I-Hub Foundation for Cobotics (IHFC), the Technology Innovation Hub (TIH) of IIT Delhi, has signed a Memorandum of Understanding (MoU) with the National Association of Entrepreneurship, Vietnam, to launch a pioneering cooperation program aimed at building a vibrant start-up ecosystem and nurturing the next generation of entrepreneurial leaders. This strategic collaboration is set to provide holistic support to emerging start-ups, drive innovation, facilitate technology transfer, and catalyze transformative growth. This visionary program will span five years (2025–2030).
The MoU includes a partnership to foster:
- Innovative Training Programs: Jointly designed, forward-looking initiatives centred on innovation, business leadership, and building a world-class talent pool to support enterprises within the partner networks.
- Expert Advisory Services: A robust collaboration offering strategic guidance to corporations, businesses, and local governments in setting up, managing, and optimizing innovation hubs and start-up ecosystems.
- Strategic Policy Development: Collaborative development and implementation of forward-thinking policies aimed at accelerating the growth of start-ups, innovative enterprises, and emerging businesses, fostering an enabling environment for sustainable innovation.
- Advisory Excellence: A shared commitment to providing continuous, high-level advisory support for the creation, expansion, and evolution of innovation and start-up centres across both India and Vietnam.
The event was attended by A. Dhanalakshmi, Joint Secy., DST, and the Ambassador of Vietnam to India, H.E. Mr Nguyen Thanh Hai and other senior counsellors from the Vietnam National Start-up Association, along with start-up and investor delegations from Vietnam.
Amb. H.E. Mr Nguyen Thanh Hai said, "Both our countries are uniquely positioned to lead in the digital era, driven by our vision and highly skilled workforce, as well as government policies that support entrepreneurship. This seminar serves as an excellent platform to explore how we can leverage our strengths, share knowledge, and build partnerships that will pave the way for success in the years to come."
The course outline of mechanical in IIT Delhi or IIT Bombay is similar and is quite well aligned with the course structure of top ranked international universities and the mechanical is one of the most desired and demanded branches in the IITs. The universities stand on similar QS ranking level and the facility and quality of infrastructure on average is almost the same in both the campuses, IITB has a lake, a pretty larger campus than that of IITD whereas IITD stands in a very desired location of Delhi ( in Hauz Khas) which stands very close to the international airport and various railway stations and is comparatively very green and clean than the outer Delhi. The trends of placement or students going for further studies differ very less and if you are really relying on placements to be a deciding factor, you'll still be in doubt. If we look at the opening and closing ranks of the department in both the colleges, the mechanical in IITB opens before it starts at IITD and also closes some numbers before, but the range is quite same. Many people choose IITB for its past trend or some local variables and similarly people also choose IITD if they aspire to go for civil services as Delhi is the hub for the preparation for UPSC and other civil services and again the accessibility of the nearby regions. I'd say both of the campus stand on the same level if the department is considered, the selection is totally depend on the individual depending on the local variables that affects him/her.
Both the Indian Institutes of Technology are well-ranked. Given below are the comparison between the two IITs for their MSc course based on parameters including fee, ranking and eligibility criteria:
MSc Institutes |
NIRF Rank '23 (Overall) |
MSc Total Tuition Fee |
MSc Eligibility |
|---|---|---|---|
IIT Delhi |
03 |
INR 40,000 - INR 4 lakh |
Bachelor’s degree in a relevant Science discipline with a minimum 55% aggregate |
IIT Madras |
01 |
INR 20,000 - INR 10 lakh |
Bachelor’s degree in a relevant Science discipline |
NOTE: The fee mentioned here is taken from an unofficial source. Hence, is indicative.
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IIT Delhi has been ranked better than IIT Kanpur. Candidates can also look at the ROI calculated based on fee and average package offered to take a decision. The following table presents a comparison between the two institutes:
MTech Institutes
NIRF Ranking 2023
Total Tuition Fee
IIT Delhi
2
INR 3 Lacs - INR 8.7 lakh
IIT Kanpur
4
INR 20,000 - INR 8 lakh
NOTE: The fee mentioned above is taken from an unofficial source. Hence, is indicative.