IITH-Japan FRIENDSHIP 2.0 Research Grant (FRIENDSHIP 2.0 Research Grant) aims to enhance sustainable collaboration between IIT Hyderabad (IITH) and academic institutions and/or industries in Japan in association with the FRIENDSHIP 2.0 Scholarship. Establishing academic collaboration including collaborative degree programs through a combination of research grants and long-term training programs is also one of the purposes of this grant.

FRIENDSHIP 2.0 Research Grant offers two kinds of grants in science and technology, namely (AC) academic collaboration and (IC) industry-university collaboration.