Albuquerque, NM & Kanpur, India — June 5, 2025 — NMexus™, a New Mexico-based non-profit Special Purpose Vehicle (SPV) dedicated to attracting foreign direct investment and creating high-quality jobs, is expanding the scope of their partnership with the Indian Institute of Technology Kanpur (IITK), one of India’s most prestigious research and premier academic institutions.
The strategic partnership will foster collaborative research, innovation, and technology commercialization across critical and emerging fields, including clean and sustainable energy, aerospace, cybersecurity, artificial intelligence and machine learning (AI/ML), quantum computing, robotics, and advanced manufacturing.
“This MoU represents a strategic step for IIT-Kanpur in expanding its global research impact,” said Manindra Agarwal, Director of IIT-Kanpur. “We look forward to building deep, meaningful collaborations with New Mexico’s universities, labs, and industries.”
Located in the Mesa del Sol innovation district, the NMexus™ Centre aims to support up to 40 companies annually. It projects that it will create approximately 1,500 jobs and contribute over $400 million to the New Mexico economy over the next five years. New Mexico Governor Michelle Lujan Grisham officially unveiled the initiative at the SelectUSA Investment Summit in May 2025.
“This partnership between NMexus and IIT-Kanpur lays the foundation for global collaboration in science, technology, and economic development,” said Amar Vakil, Executive Director of the NMexus Center. “By linking New Mexico’s growing innovation ecosystem with world-class talent and research from India, we are catalyzing opportunities to benefit communities on both sides of the globe.”
Key Takeaways:
- Director of IIT-Kanpur, Manindra Agarwal, signed an MoU for a strategic partnership between NMexus Center & IIT-Kanpur
- The new partnership is focused around the sustainable tech, aerospace, drone, cybersecurity, artificial intelligence, & quantum computing industries
- Previously unveiled at 2025 SelectUSA by Governor Michelle Lujan Grisham, NMexus Center is projected to create 1,500 jobs for the state of New Mexico by 2030
