IIT Indore, a National Institute of Eminence and ‘Rajratan Global Wire’, World’s largest Tyre Bead Wire manufacturer having three manufacturing locations, have signed an MoU to set up ‘Rajratan Centre of Excellence (RCoE)’ at IIT Indore to promote advanced research and analytical testing, which is the first such initiative of Industry-Academia collaboration at IIT Indore. The proposed CoE is almost ready near the SIC, at IIT Indore with a CSR funding of Rs. 2 Crore over the period of 3 years from M/s Rajratan Global Wire limited, Pithampur (Indore). The Centre has received its first equipment– ICP-OES, which has been installed recently and is now open for use by the Industries and Academia. The Centre is working with IIT Indore to add more equipment in the current year and is also working in mutual problem areas of the industries.