Altair, a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the Centre of Excellence in Advanced Automotive Research (CAAR) to foster innovation and collaboration in the automotive industry. The partnership will focus on developing solutions that advance e-mobility, autonomous systems, and sustainable vehicles, while also reducing product development timelines and ensuring that India remains at the forefront of automotive technology. 

"Our collaboration with CAAR and IIT Madras is poised to drive innovation in the automotive sector," said Vishwanath Rao, Country Manager, Altair India. "This MoU underscores Altair's commitment to delivering technologies that enable automotive sustainability, efficiency, and progress." 

"Our partnership with Altair marks a significant step in our mission to accelerate the transition of innovative concepts from academic research to industry-ready technologies," said Thiru Srinivasan, CEO, CAAR. "This partnership will also enhance the development of Altair's software tools for the rapid creation of high-value automotive products." 

CAAR was established under the guidance and support of the Indian Institute of Technology (IIT), Madras. It provides world-class technologies and facilities to the automotive industry, advises on policy matters, and focuses on human capital development. With an emphasis on translational research, CAAR bridges the gap between academic innovation and industrial implementation.