Tamil Nadu: TVS Credit and IIM Trichy sign MoU to boost innovation

CHENNAI: NBFC

TVS Credit

Services Limited and the

Indian Institute of Management Trichy

(IIMT) signed a

Memorandum of Understanding

(MoU) to boost

innovation

, R&D, and collaboration for designing new solutions for promoting financial inclusion in the country.

Venkatraman G, chief executive officer, TVS Credit, said, "The signing of the MoU with

IIM Trichy

will create the foundation for future collaboration between the two institutions. TVS Credit has been successfully empowering people across sectors and helping them fulfill their aspirations. It has been a constant endeavour of TVS Credit to steer industry growth and national development by encouraging product innovation and nurturing young talent. The outcomes from such initiatives will help us drive organisational growth and serve our customers and the nation better for years to come. The collaboration will help boost innovation, R&D, and help in designing new solutions to promote financial inclusion in the country."

The partnership would bring together academic and industry stalwarts and professionals who would jointly design, develop and deliver cutting-edge technological solutions in areas of management and financial inclusion. The strategic collaboration will also be a platform to train and mentor young professionals.

Dr Pawan Kumar Singh, Director, IIM Trichy, said, "We welcome this significant initiative that formalises and strengthens our relationship with the leading market player, TVS Credit, a company which is well-known for its services and values. We look forward to making the collaboration fruitful on multiple platforms and focus on mutual knowledge exchange initiatives. Such partnerships will help construct concrete and innovative solutions, thereby creating a long-lasting impact."