Coromandel International signs MoU to set up Corporate Research Centre at the IITM Research Park

Agri-solutions providers Coromandel International has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Madras (IITM) for the establishment of a Corporate Research Centre at the IITM Research Park. 

The centre will act as a hub for joint research programs, technology incubation, talent development and international collaboration and will enable Coromandel to leverage the innovation and technology infrastructure of the IIT Madras ecosystem in India and abroad. 

The announcement was made during the inauguration of the IITM Global Research Foundation, presided over by S Jaishankar, Minister of External Affairs, Government of India. The cermony also saw the presence of Narayanan Vellayan, Whole-time Director – Strategic Sourcing, Coromandel International Limited, and V Kamakoti, Director, IIT Madras. 

“Our collaboration with IIT Madras Global will enable us to work closely with leading researchers, scientists and global partners to develop breakthrough solutions in crop nutrition and advanced agri-inputs. The Corporate Research Centre will serve as a strategic platform to translate cutting-edge science into scalable technologies that benefit farmers, industry and the nation’s innovation agenda,” Narayanan Vellayan, Whole-time Director – Strategic Sourcing, Coromandel International Limited, said.

T. Madhav Narayan, CEO, IITM Global, said that the MoU with Coromandel represents a powerful step towards deep industry–academia engagement, accelerating translational research and innovation with real-world impact. 

Published on January 12, 2026