Tech Mahindra announced that it has signed a Memorandum of Understanding (MoU) with Wichita State University (WSU), a state educational institution of Kansas in the areas of aerospace engineering, certification, information technology and automotive testing.
The company will collaborate with WSU and its national institute for aviation research (NIAR), the largest academic aviation R&D institution in the United States, on multiple areas of engineering including composites, advanced materials and structural testing.
Shares of the company gained Rs 11.25, or 0.54%, to settle at Rs 2,076.05 at the BSE (Wednesday).