FICCI's "National Knowledge Functional Hub (NKFH)" is an initiative to facilitate and strengthen Industry - Academia engagement across India. The intent of this initiative is to create a knowledge network of leading Universities and Companies with Tier II and Tier III Institutions and local Small and Medium Industry.
NKFH was recommended by the 'Narayan Murthy Committee on Industry-Academia Linkages' and endorsed by Ministry of Human Resource Development, Government of India. Under NKFH FICCI has partnered with the UK's Royal Academy of Engineering in 2015 under the Newton-Bhabha Fund which builds science, innovation and R&D ties between India and the UK, sponsored by both governments.
Broad objectives of the engagement are as follows:
- To support Indian universities in improving their engineering education and research output through strengthening industry linkages and leveraging UK expertise
- To form partnership models which could have significant impact within a short timeframe