Not all institutions have been able to crack the code. Indian Statistical Institute (ISI), recognised as an Institute of National Importance, is one such. ISI is involved in many government-funded projects both at the state and at the central level but nothing much has taken shape in terms of industrial projects. “We have been approached by certain industries to help them, but nothing concrete has materialised yet,” says Antar Bandyopadhyay, Head, Delhi centre, ISI. “If it [collaboration] happens, then it will be very good. Those of us who have seen this in the West, we know the benefit of it.”