Rishabh Instruments Limited — Updates, 21-02-2025: Press Release

Rishabh Instruments Limited (RIL) has partnered with ASPIRE-IITB Research Park Foundation to establish its sixth R&D Centre at IIT Bombay. This collaboration aims to drive innovation and technological advancement, aligning with Rishabh’s commitment to growth in a rapidly evolving market.

The partnership focuses on student-driven projects and R&D activities designed to develop pioneering solutions that will influence the industry's future. The strategic alliance enables Rishabh access to IIT Bombay’s cutting-edge research facilities and expertise, positioning the company to leverage academic collaboration to remain competitive and responsive to market demands.

Mr. Dineshkumar Musalekar, Whole-Time Director, expressed enthusiasm about the collaboration, emphasizing the importance of this R&D Centre in developing advanced technologies and staying at the forefront of industrial innovation. This partnership reinforces Rishabh's leadership in the energy efficiency sector and highlights its dedication to continuous progress. Positive outlook for further advancements in technological solutions appears likely as a result of this initiative.