Improved quality of faculty.
More relevant curriculum.
Better Placement of students.
Better utilization of expertise of industry.
It gives good understanding of the industry and helps in building up of useful case studies for improving the quality of future teaching.
It provides an ability to identify research program of industrial importance.
Gaining real life experiences.
Application of theoretical knowledge.
Enhancement of oral and written skills.
Decision making on career choice.
Paid pre-employment (on-studies training).
Gaining access to sophisticated instrumentation.
Understanding the work culture of industries.