IIT Bombay engages in research, education, training, technology development and related activities in almost all areas of technological and scientific interest. Today the Institute is recognized as one of the centers of academic excellence in the country and on par with the best institutions in the world.  

Preamble: Industry Partnership Scheme
IIT Bombay is now looking beyond traditional R&D metrics of publications, patents, funding and is engaged in promoting research that makes a difference. To achieve this, the Institute recognizes the need to enhance engagements with industries & public sector organizations and develop sustainable long-term interactions with industry.