Altair India Collaborates with Centre of Excellence in Advanced Automotive Research (CAAR) to Drive Innovation

TROY, MI, USA, Jan 10, 2025 – Altair (Nasdaq: ALTR), 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 collaboration will focus on developing solutions that advance e-mobility, autonomous systems, and sustainable vehicles while reducing product development timelines and ensuring India progresses at the forefront of automotive technology.

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“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 speed up the process of taking innovative concepts from academic research towards industry-ready technologies,” said Thiru Srinivasan, CEO, CAAR. “This partnership will also help further develop Altair’s software tools for use in the rapid development of high-value automotive products.”

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

To learn more about Altair’s automotive solutions, visit https://altair.com/automotive. 

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

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Nitin Patil

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Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master’s in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.

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