Eyeing to boost its research efforts, Rishabh Instruments teams up with IIT Bombay to launch its sixth R&D centre for cutting-edge innovation in energy efficiency and industry transformation.
Manufacturer and designer Rishabh Instruments has partnered with the ASPIRE Research Park Foundation of the Indian Institute of Technology (IIT) Bombay as a part of its R&D efforts to promote innovation and technological development across industries.
The partnership will involve a variety of projects driven by students and research and co-development activities. Rishabh Instruments will also gain access to IIT Bombay’s research facilities and its network of faculty members and emerging talent.
Furthermore, as part of this initiative, Rishabh Instruments is setting up its sixth R&D Centre on the IIT Bombay campus. This new centre is expected to focus on developing advanced technologies and products to meet the growing demands of energy-efficient solutions.
Dinesh Musalekar, President of Rishabh Capital Group, expressed his enthusiasm for the project, stating: “It provides us with an excellent ecosystem and access to the best of the technical laboratories, the best of the professors, the best of the talent, and one of the best research environments available in the country and in the world.”
Specialising in energy efficiency solutions, particularly in electrical automation and precision engineering, Rishabh Instruments is known for its products, such as analogue panel meters and low-voltage current transformers.
The company operates in over 70 countries, including Germany, the US, the UK, and Australia, with manufacturing facilities in Poland and China, besides India.