Industries can provide funds towards half of the amount offered as fellowship. The other half is provided by SERB, DST, Govt. of India. Currently IIIT-D has three PM fellows working. On an average, partner company’s share is between 4.5 to 5.0 LPA for four years. The PM fellow works on an industry oriented problem under supervision of a faculty member of the institute and a mentor from the partner industry. The research problem and the IP rights have to be mutually decided by the institute and the partner industry. Currently IIIT-Delhi has partnered with five industries for fellowship of eight PhD scholars of the institute.