IIT Roorkee, CONCOR collaborated for research in logistics management

The Indian Institute of Technology, Roorkee, and Container Corporation of India Ltd. (CONCOR) have formalized a strategic partnership by signing a Memorandum of Understanding (MoU) to advance research and development in logistics and supply chain management.

The MoU was signed by Professor Akshay Dvivedi, Dean Sponsored Research & Industrial Consultancy on behalf of IIT Roorkee, and Ritu Narang, Senior General Manager (MIS) on behalf of CONCOR. Professor Amit Upadhyay, in the Department of Management Studies at IIT Roorkee, has a significant role in this collaboration and shall be actively involved in all related research work.

The collaboration between IIT Roorkee, a premier academic institution of national importance, and CONCOR, a leader in multimodal logistics services in India, aims to foster research, innovation, and capacity-building initiatives.

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The partnership is set to develop cutting-edge optimization models to enhance the efficiency of containerized freight movement across India's extensive railway network, particularly focusing on the Western Dedicated Freight Corridor (WDFC).

Under this MoU, IIT Roorkee will apply its academic and research prowess to conduct an in-depth Operations Research study. This study aims to optimize the loading of Twenty-Foot Equivalent Units (TEUs) on double-stack trains, ultimately reducing container rail haulage costs and improving inter-terminal movements through rail transshipment hubs.

The collaboration will also involve developing an optimization-based decision support system to move container trains across CONCOR's network efficiently.

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Additionally, the MoU outlines several initiatives to foster industry-academia collaboration. CONCOR will provide internships for IIT Roorkee students, offering them hands-on experience with real-world logistics operations.

Both parties will explore opportunities to establish jointly funded lab facilities and a Centre of Excellence (CoE) at IIT Roorkee, focusing on advanced research and development in logistics and supply chain management.

Furthermore, the partnership will facilitate specialised courses, workshops, hackathons, and exhibitions, aimed at enhancing the skill sets of CONCOR employees and inspiring the next generation of logistics professionals.

The MoU will be effective for five years, with the possibility of renewal upon mutual agreement.

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