Rules, regulations, procedures etc.
Faculty can interact with industries and undertake consultancy work. In the public sector, the "trinity" of space, defence and nuclear sectors provide a good source of funding for consultancy activities. Moreover the projects are most often of a challenging nature. In the private sector, there are several multinational and local companies that seek consultancies.
Simple testing, short term ( less than 1 year) projects can be taken up by the faculty through CSIC.
Long term projects, projects offered by industries in the industrial park, can be taken up by the faculty through SID.
In all cases, the overheads of 40% from the consultancy fees is paid to IISc.