Industry, Institute, R and D Relationships:
Industrial Research & Consultancy Centre (IRCC) coordinates the overall research and development activities at IIT Bombay. 

IRCC activities include: 
. Sponsored Research and Development Projects 
. Contract Research / Consultancy Projects 
. Joint collaborative programmes with other Institutes in India and
  other countries 
. Technology Development Mission Projects 
. Sponsored Student Projects 
. Externally Funded Research Centers / Facilities 
. Industry Funded Laboratories 
. Technology Transfer Intellectual Property Generation / 
  Protection 
. Specialized Workshops / Courses for the benefit of Industry 

IRCC is keen to collaborate with industry and government organizations to foster research and development. 

If your organization is keen on any of the above activities, get in touch with either the concerned faculty member  or the head of IDC or the Dean, R and D , IIT Bombay

Further details can be found at the homepage of Industrial Research & Consultancy Centre (IRCC)
http://www.ircc.iitb.ac.in