Oil India and Gauhati University have reportedly signed a Memorandum of Understanding (MoU) on March 19, 2019. The MoU aims to extend the facility of Technology Incubation Centre at Gauhati University as part of Flagship National Programme of Startup India.
Gauhati University has already constituted a Technology Incubation Centre (TIC) which is working towards fostering industry-academia linkages and formulating an ecosystem for startups and incubator.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.