PNB Housing Finance signs MoU with IIT Delhi.

To support R&D for reusable PPE to be supplied to government hospitals

Sustaining its commitment of contributing towards the well]being of healthcare workers during the COVID]19 pandemic, PNB Housing Finance has signed a Memorandum of Understanding (MoU) with IIT Delhi (Indian Institute of Technology). The initiative will support critical research and development (R&D) of a unique prototype material to be used in manufacturing sustainable (washable and reusable) PPE (Personal Protective Equipment) surgical gowns and masks. These will then be supplied to notable government hospitals.

Through this MoU, the company will support the Department of Textile and Fibre Engineering, IIT Delhi in fast]tracked R&D of high]quality PPE material. The cloth technology developed under this initiative will help in producing affordable, sustainable and reusable PPEs. The prototype will be tested at government]accredited labs.

BS