IIM Mumbai, Starburst partner to boost India's aerospace, new space & defence start-ups

By IANS | Published: March 28, 2024 11:18 PM2024-03-28T23:18:12+5:302024-03-28T23:20:07+5:30

Mumbai, March 28 The Indian Institute of Management Mumbai (IIM Mumbai) on Thursday announced a strategic collaboration with ...

IIM Mumbai, Starburst partner to boost India's aerospace, new space & defence start-ups | IIM Mumbai, Starburst partner to boost India's aerospace, new space & defence start-ups

IIM Mumbai, Starburst partner to boost India's aerospace, new space & defence start-ups

Mumbai, March 28 The Indian Institute of Management Mumbai (IIM Mumbai) on Thursday announced a strategic collaboration with Europe's Starburst, in a bid to boost the aerospace, new space, and defence (ASD) industry in India.

The partnership aims to strengthen India's position as a hub for ASD innovation on the global stage, as well as offer a conducive environment for innovation and entrepreneurship.

"This strategic collaboration between IIM Mumbai and Starburst signifies a crucial step towards nurturing and empowering the burgeoning ASD startup ecosystem in India," said Prof. Manoj K Tiwari, Director of IIM Mumbai.

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Through the collaboration, Starburst, known for its global network and deep industry knowledge, will provide ASD startups "with access to mentorship, funding opportunities, and international networks", said Francois Chopard, Founder and CEO of Starburst.

"We are excited to partner with IIM Mumbai to foster innovation and entrepreneurship within the aerospace, new space, and defence sector in India," he added.

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