The Indian Institute of Technology Hyderabad (IIT Hyderabad) held its first industry summit to reinforce partnerships between academia and industry. The summit showcased research across domains such as sustainability, clean energy, catalysis, healthcare technologies, advanced materials, polymers, artificial intelligence driven chemical engineering, computational modelling and fluid dynamics. The event brought together industry delegates, scholars and institutional leaders to explore collaborations. Interactive poster sessions and laboratory visits enabled direct dialogue, allowing researchers to present applied projects and industry representatives to identify problem driven opportunities for joint development. The formats were designed to move beyond formal introductions towards practical engagement that could accelerate technology translation and scale up. Delegates discussed pathways for internships, joint supervision and infrastructure sharing to support implementation. A panel discussion titled Beyond Collaboration: Building an Actionable Industry–Academia Framework for Viksit Bharat emphasised the need to replace conventional memorandum of understanding based engagement with structured, outcome driven partnerships. The panel urged the adoption of co developed research programmes, industry embedded internships and joint doctoral supervision alongside mechanisms for rapid commercialisation. Participants highlighted measurable deliverables and long term roadmaps as essential for sustained impact. The chief guest, Achyut Ghatak, Director Technical of Coal India Limited (CIL), underlined that faster commercialisation of research and trust based collaboration are central to India's growth and conveyed CIL's commitment to deepen problem driven engagement. He reaffirmed support for the established CLEANZ Centre of Excellence (CLEANZ) at IIT Hyderabad for clean coal energy with net zero emissions and framed the approach as strategic partnerships rather than transactional interactions. Industry leaders also indicated willingness to provide mentorship, domain challenges and shared infrastructure as part of long term alliances. The director of IIT Hyderabad, Professor B S Murty, said institutions must act as engines of technological transformation by aligning academic research with national industrial priorities and fostering collaborative ecosystems. He urged industry to contribute not only funding but also real world problems and sustained mentorship to accelerate progress. Organisers expect the summit to seed pilot projects and deepen ties between the Indian higher education and industrial sectors.