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Satyam signs MoU with CIPET

Special Correspondent

HYDERABAD: Satyam Computer Services Ltd here on Wednesday signed a memorandum of understanding (MoU) with Central Institute of Plastics Engineering & Technology (CIPET), Hyderabad, an autonomous plastics training and application research institute, under the Ministry of Chemicals and Fertilizers.

The MoU would envisage development of new engineering plastic materials through an industry-institute collaborative approach. This was one of the initiatives taken up by CIPET in the field of applied research to work closely with the demands of the industry, said Poomalai, Head & Deputy Director, CIPET.

The constantly shrinking product development lifecycles and the desire to bring new products to the market are the key factors contributing towards higher demand for new plastic products.

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