MOU

Mou or Memorandum of Understanding is the agreement between the institute and industries to bring the two sides emotionally and strategically closer.

To build good rapport between the industry and the institute, institutes should have memorandum of understanding (MOU) with the industries

A Memorandum of Understanding (MOU) is a non-binding agreement that outlines the basic understanding and intentions between two or more parties to collaborate or engage in a specific project.