The IIT life story is about to change. The IIT alumni, after going abroad and meeting with phenomenal success, now want to return home.
The idea, which germinated at the annual IIT alumni gatherings in places as far apart as San Francisco and Sydney, is growing into a movement that would involve the coming together of IIT-ans from across the globe to build, facilitate growth and address development issues in India.
For the first time, the alumni from all IITs are grouping together under a single banner. The first meet, 'Pan-IIT 2006', with about 5,000 members, hopes to chalk out a comprehensive action plan to help India Inc. grow by initiating dialogue with the government and maintain its edge in key technology areas.
"While IITians have served the world's best in most of the global MNCs, it is time to give something back to the country. With our experience, we can enable the government, academia and Indian businesses to come together and build a more equitable society," said IIT alumnus Rajat Gupta, a senior partner of McKinsey and Company.
"We are looking to address issues that involve bureaucrats, politicians, academia and industry executives so that India can brace up to the next level of challenges," says Ashank Desai, another IIT grad who is chairman of Mastek, one of India's biggest IT exporters.
Other plans include working with schools and colleges all over India to help them fine-tune curriculums based on the industry requirements.
"To nurture entrepreneurial spirit, we will offer a platform where startups in any domain can approach our alumni and get help," said Gupta. For this, IIT has an arrangement with The Indus Entrepreneurs (TiE), a consortium that mentors and funds start-ups.