IISc Axis Bank ink pact Centre for maths & computing

BENGALURU: The Indian Institute of Science (IISc) on Monday said it signed an MoU with Axis Bank to establish a centre for mathematics and computing.
Spread over 1.6-lakh-square feet, the Centre will have state-of-the-art labs and programmes that will benefit faculty and students from more than twenty departments of IISc. It will host the new IISc BTech programme in mathematics & computing and the ongoing interdisciplinary PhD programme in mathematical sciences.
It is expected that more than 500 engineers and scientists will benefit from the Centre every year, IISc said in a statement, adding: “The Axis Bank Centre for Mathematics and Computing is India’s first comprehensive academic research centre on mathematics and computing. It will play a vital role in building the nation’s future as many contemporary and futuristic areas such as artificial intelligence (AI) and data science rely on the foundations of mathematics and computing.”

IISc director Prof Govindan Rangarajan reiterated that mathematics and computing are at the core of critical disciplines like computational fluid dynamics, computational biology, quantum computing, precision medicine, digital health, climate science, materials genomics, cybersecurity, AI, ML, and data science.
“The state-of-the-art facility will provide a platform for exploring and advancing research and innovation in the above areas. It’ll also serve as a training ground for the next generation of leaders in these fields, offering a range of educational and professional development opportunities for students and faculty. We are confident that the Centre will play a key role in shaping the future of research and technology,’’ he said.
Amitabh Chaudhry, MD & CEO, Axis Bank, said the bank was proud to be part of IISc’s journey while it is building one of the largest, dedicated centres for mathematics and computing.
“The higher education ecosystem is a space that is constantly evolving, especially post Covid, and India has huge potential to stand out as a global hub for new-age, innovative and quality education. For us, this is one small way to play our part in supporting and nurturing the future generations of the country.”