The SBI Foundation has launched a state-of-the-art XRD Analytical Lab at the Indian Institute of Petroleum and Energy (IIPE) in Visakhapatnam. This investment, totaling approximately Rs 4 crore, signifies SBI’s commitment to innovation and research in India. The lab will provide advanced analytical capabilities for research in energy, petroleum, and other fields, enhancing the institute’s research capabilities and fostering collaborations.