“Industry - University Linkage" is a frequently used terminology among industries, academics, and the government. Its importance has been widely recognized and well established. It is considered a vital instrument of growth that has direct and far reaching implications for the national economy. The concept has successfully evolved in the developed world. Some developing countries have also made visible efforts to have this linkage working under institutionalized system. Necessity for this linkage is also being felt in Pakistan for quite some time but not much has been achieved.

• To provide a platform to create trust building and partnership among the university and academia to accelerate the innovation, technology upgradation, and research-based solutions for economic growth.
• To promote the knowledge-based economy through synergy of resources and exploitation of hidden potential.
• To create a business environment builds on continuous improvement and quality enhancement.
• To maximize the researchers and scientists potential to provide research-based solution for the industry and economy.
• To encourage and provide a conducive environment for researchers & scientists to exchange opinions, knowledge and information on economic & industrial issues.
• To collect and circulate information and data pertaining to industry and business sectors.
• To establish and maintain a researchers and technology data bank with access to reviews industrial needs and technology gaps.