CHENNAI: Krishna Chivukula, an alumnus of IIT-Madras and founding father of Indo MIM Expertise Non-public Restricted, donated Rs 228 crore to his alma mater. This might be used to provide fellowships to high BTech college students, eminent sportspersons, overseas college students, college members who do high-risk analysis, and to convey out {a magazine}, IIT-M mentioned.
The institute on Tuesday named an educational block after Krishna Chivukula, who acquired an MTech in aerospace engineering from IIT-M in 1970.“This is among the largest donations ever made to IIT Madras. We are going to launch Krishna Chivukula fellows programme to reward high BTech college students in all branches,” V Kamakoti, director of IIT-Madras, advised reporters .
Chivukula, who additionally has an MBA from Harvard Enterprise Faculty (1980), was group president and CEO on the Hoffman Group of Corporations in New York earlier than he arrange his personal agency. He based two corporations in succession — Shiva Applied sciences Inc in 1990 in Syracuse, New York, specializing in superior mass spectroscopy to certify ultra-high purity supplies, and Indo MIM in Bengaluru, to supply small steel and ceramic elements with complicated geometries in excessive volumes.
Most plane carry metals produced by Krishna Chivukula’s firm, Kamakoti mentioned.
“I’m hoping this may ignite a spark and tradition of giving to our personal nation and our personal individuals. I’m lighting an even bigger fireplace (donation) to make a distinction,” Krishna Chivukula advised reporters. He mentioned his BTech at IIT-Bombay and MTech at IIT-Madras helped him get into Harvard College and change into a profitable individual.
“We are going to assist sportsmen beneath the Krishna Chivukula sports activities fellowship programme. The fund will even be used to assist college students from growing nations, together with African nations and Saarc nations,” Kamakoti mentioned.
The cash will even be used to transform IIT-M’s journal “Shaastra”, which options the newest discoveries and scientific and technological updates, right into a month-to-month to be distributed free to college students. “Additional, college members who do analysis beneath ‘high-risk and high-reward’ programmes will even get assist from this fund,” Kamakoti mentioned.
“We’re a rising establishment and we’ve wants. We want to see extra such donations,” Professor Mahesh Panchagnula, dean of alumni and company relations, IIT-Madras, mentioned.
In 2022, two philanthropist {couples}, Susmita and Subroto Bagchi and Radha and NS Parthasarathy, collectively donated Rs 425 crore to Indian Institute of Science (IISc), Bengaluru, to arrange a postgraduate medical faculty and 800 mattress multispeciality hospital on IISc campus.
The institute on Tuesday named an educational block after Krishna Chivukula, who acquired an MTech in aerospace engineering from IIT-M in 1970.“This is among the largest donations ever made to IIT Madras. We are going to launch Krishna Chivukula fellows programme to reward high BTech college students in all branches,” V Kamakoti, director of IIT-Madras, advised reporters .
Chivukula, who additionally has an MBA from Harvard Enterprise Faculty (1980), was group president and CEO on the Hoffman Group of Corporations in New York earlier than he arrange his personal agency. He based two corporations in succession — Shiva Applied sciences Inc in 1990 in Syracuse, New York, specializing in superior mass spectroscopy to certify ultra-high purity supplies, and Indo MIM in Bengaluru, to supply small steel and ceramic elements with complicated geometries in excessive volumes.
Most plane carry metals produced by Krishna Chivukula’s firm, Kamakoti mentioned.
“I’m hoping this may ignite a spark and tradition of giving to our personal nation and our personal individuals. I’m lighting an even bigger fireplace (donation) to make a distinction,” Krishna Chivukula advised reporters. He mentioned his BTech at IIT-Bombay and MTech at IIT-Madras helped him get into Harvard College and change into a profitable individual.
“We are going to assist sportsmen beneath the Krishna Chivukula sports activities fellowship programme. The fund will even be used to assist college students from growing nations, together with African nations and Saarc nations,” Kamakoti mentioned.
The cash will even be used to transform IIT-M’s journal “Shaastra”, which options the newest discoveries and scientific and technological updates, right into a month-to-month to be distributed free to college students. “Additional, college members who do analysis beneath ‘high-risk and high-reward’ programmes will even get assist from this fund,” Kamakoti mentioned.
“We’re a rising establishment and we’ve wants. We want to see extra such donations,” Professor Mahesh Panchagnula, dean of alumni and company relations, IIT-Madras, mentioned.
In 2022, two philanthropist {couples}, Susmita and Subroto Bagchi and Radha and NS Parthasarathy, collectively donated Rs 425 crore to Indian Institute of Science (IISc), Bengaluru, to arrange a postgraduate medical faculty and 800 mattress multispeciality hospital on IISc campus.
