Pune 22nd May 2024: NICMAR University and Mytek Innovations Private Limited have joined forces to transform the architectural, engineering, and construction (AEC) sector through a collaborative effort. This MoU (Memorandum of Understanding) leverages the expertise of both institutions to foster innovation and entrepreneurship in the AEC domain.
A Pioneering Partnership
This collaboration stems from a shared recognition of expertise in the AEC sector. NICMAR University, a public trust, offers skill development and training in construction and allied sectors. Their postgraduate program in Advanced Construction Management was developed in collaboration with prestigious institutions like MIT and IIM Ahmedabad.
Mytek Innovations, a government-recognized startup, provides digital AI solutions to automate the construction engineering sector. Their cutting-edge technologies are changing the industry landscape.
Synergy for Success
This partnership brings together NICMAR’s vast resources and knowledge base with Mytek’s digital platform. NICMAR’s extensive collection of construction materials complements Mytek’s automation tools, providing a comprehensive solution for AEC stakeholders.
Student Benefits
NICMAR students and faculty will gain free access to Mytek’s platform, enabling them to generate revenue from their work. This empowers them to turn their studies, theses, designs, and drawings into practical applications.
Fostering Innovation
Mytek and NICMAR will work together to identify and support promising startups with innovative technologies in the AEC sector. This will drive positive change and create new opportunities in the industry.
Knowledge Sharing and Support
NICMAR will share its knowledge base and case studies with Mytek, while Mytek will provide students and alumni with access to the latest construction technologies. This collaborative approach fosters continuous learning and innovation.
Encouraging Entrepreneurship
Mytek will mentor aspiring student entrepreneurs and provide project funding to help them execute their work orders. This initiative supports the development of the next generation of AEC leaders.
Industry Leaders’ Perspective
Dr. Anil Kashyap, President and Chancellor of NICMAR University, believes this partnership is a significant step towards innovation and entrepreneurship in the AEC sector. He anticipates that their combined expertise will drive positive change in the industry.
Dr. Sushma Kulkarni, Vice-Chancellor of NICMAR University, sees this collaboration empowering students with cutting-edge technologies, fostering a new wave of innovation and entrepreneurship in the AEC field.
Mr. Shivkumar Borade, CMD of Mytek Innovations Private Limited, is excited to collaborate with NICMAR University. He sees this partnership leveraging their digital platform and NICMAR’s knowledge base to transform the industry and benefit all stakeholders.
This collaboration between academia and industry sets a new standard for partnerships in the AEC sector. It promises to unlock new opportunities for growth and development, not just for the institutions involved, but for the nation as a whole.
