
TACC Limited and NUS I-FIM Ink MOU to Advance Next-Generation Advanced Materials
Singapore, June 2, 2026: TACC Limited, a subsidiary of HEG Limited, has signed a Memorandum of Understanding (MOU) with the Institute for Functional Intelligent Materials (I-FIM) at the National University of Singapore (NUS). The agreement aims to foster collaboration in advanced materials science, nanotechnology, and related disciplines.The partnership signals a shared industry and academic commitment to accelerating the development, validation, and commercialization of next-generation advanced materials technologies, including graphene and various functional nanomaterials. The MOU establishes a long-term framework, integrating TACC's industrial and commercialization capabilities with the globally recognized scientific research expertise of NUS I-FIM.
Key Objectives of the Collaboration
The MOU records the intent of both parties to explore cooperation across several strategic areas. These objectives include:- Research and innovation in advanced functional materials and graphene technologies.
- Translating laboratory research findings into real-world industrial applications.
- Development, testing, validation, and commercialization of new technologies.
- Accelerating technology maturity (TRLs) through applied research and development (R&D) and pilot projects.
- Exploring commercialization pathways, including licensing agreements, startups, and joint ventures.
- Developing specialized talent through researcher exchange, cross-disciplinary exposure, and industry training programs.
- Building a cross-border innovation bridge connecting the Singapore and India innovation ecosystems.
- Leveraging artificial intelligence (AI) and laboratory automation for the creation of novel advanced functional materials.
Ankur Khaitan, MD & CEO of TACC Limited, stated that carbon based advanced materials are redefining multiple industries. He added that the MOU with NUS is a strategic step toward accelerating technology maturity, creating tangible commercialization pathways, and strengthening the Indian innovation ecosystem by uniting world-class research with industrial ambition.
Professor Sir Konstantin Novoselov, Director of NUS I-FIM and a Nobel laureate for his work on Graphene, emphasized the importance of this partnership. He noted that while Graphene’s potential is recognized, the primary challenge lies in its successful integration into real-world applications. The collaboration, he said, combines NUS’ scientific depth with the industrial scale and materials expertise necessary for manufacturing at the frontier.
Industry Impact and Company Profiles
Advanced materials like graphene are gaining increasing global importance across sectors including energy storage, electronics, thermal management, coatings, infrastructure, mobility, and industrial manufacturing. By combining scientific innovation with industrial scalability, this collaboration aims to support the development of commercially viable graphene and advanced material applications for future global industries.TACC Limited operates as part of the LNJ Bhilwara Group and focuses on advanced carbon technologies. As a wholly owned subsidiary of HEG Limited, TACC brings technical expertise in high-performance carbon and graphite products and applied materials engineering. The company is committed to commercializing next-generation material solutions at scale, anchored by a 20,000 MT anode materials plant and a 4,000+ tonne graphene derivatives facility currently under development.
The Institute for Functional Intelligent Materials (I-FIM) is the world's first institute dedicated to the design, synthesis, and application of Functional Intelligent Materials. Hosted at NUS, I-FIM brings together top researchers to advance research at the intersection of materials science, artificial intelligence, and nanotechnology.
The MOU represents the start of a strategically significant, long-term collaboration intended to build a durable cross-country innovation ecosystem and contribute toward globally relevant advanced material solutions.
HEG Stock Price Movement
As of 11:16 AM, shares of HEG Limited are slipping by 1.11% in live trading, currently at ₹554.3. The equity is experiencing high activity, trading today on a substantial volume of 211,003 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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