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Top metallurgy school on cards

After the IITs and the IIMs, the future of India’s young and bright ones may lie with the IIMS, the Indian Institute of Metallurgical Sciences, reports Saroj Nagi.

business Updated: Aug 26, 2008 00:37 IST
Saroj Nagi

After the IITs and the IIMs, the future of India’s young and bright ones may lie with the IIMS — the Indian Institute of Metallurgical Sciences.

The institute will provide a specialised knowledge base that catapults India into the top league. At present, there is no such specialised institute in the country.

There is a proposal that the UPA should set up the institute before its term ends. The question here is not of availability of resources but of taking an early decision on establishing the institute.

With India likely to become the second largest crude steel producing nation by 2015, the IIMS is expected to meet the attendant demand for trained manpower and special and green technologies.

The proposal envisages corporate involvement. The Steel ministry, which is exploring the idea, recently discussed the matter with Tata Steel’s B. Muthuraman.

“We don’t want the IIMS to look like a sarkari body…Whoever pitches in will be welcome to join the board,’’ said an official.

Money is not an issue as the ministry is sitting on unused funds to the tune of hundreds of crores of rupees built up through levies on steel production till the steel sector was deregularised in 1992.