IIT Kanpur gets donation of ₹100 crore from alumnus Rakesh Gangwal | Latest News India - Hindustan Times
close_game
close_game

IIT Kanpur gets donation of 100 crore from alumnus Rakesh Gangwal

Apr 05, 2022 12:41 AM IST

The Indian Institute of Technology -Kanpur (IIT Kanpur) on Monday received one of the largest personal donations from co-founder of IndiGo Airlines Rakesh Gangwal, who donated ₹100 crore to set up the School of Medical Sciences and Technology with a 500-bed super-speciality hospital in its campus

The Indian Institute of Technology -Kanpur (IIT Kanpur) on Monday received one of the largest personal donations from co-founder of IndiGo Airlines Rakesh Gangwal, who donated 100 crore to set up the School of Medical Sciences and Technology with a 500-bed super-speciality hospital in its campus.

The new medical school at IIT Kanpur , which will be named -- Gangwal School of Medical Sciences and Technology-- is expected to build academic and research leaders in clinical research and MedTech domains. (HT FILE PHOTO.)
The new medical school at IIT Kanpur , which will be named -- Gangwal School of Medical Sciences and Technology-- is expected to build academic and research leaders in clinical research and MedTech domains. (HT FILE PHOTO.)

The medical school, which will be named -- Gangwal School of Medical Sciences and Technology-- is expected to build academic and research leaders in clinical research and MedTech domains.

Hindustan Times - your fastest source for breaking news! Read now.

“I am proud to see the institution that has produced thousands of leaders across various sectors, is now paving the way in the healthcare sector,” Gangwal said. “More than ever, healthcare is intertwined with technological advances and this School will accelerate innovation in healthcare.”

The Gangwal School of Medical Sciences and Technology will be completed in two phases. Phase I of the project will include setting up a 500-bed Super-Specialty Hospital, Academic Block, Residential Hostel, and Service Block with a total built-up area of approximately 8,10,000 sq ft. Phase I will also include setting up Centres of Excellence (CoE) for pursuing R&D activities in futuristic medicine. This phase has been tentatively planned to be completed over the next 3-5 years.

Phase II of the project will see the hospital capacity grow to 1000 beds, expansion in clinical departments/centres, research areas, the inclusion of paramedical disciplines, alternative medicine, hospital management, sports medicine, and public health programs. Phase II has been tentatively planned to be completed over a period of 7-10 years.

“The proposed medical school will play an important role in driving IIT Kanpur’s innovations in medical research and technology and catapult India into the global league of institutions that are converging medical sciences and technology to benefit humankind,” Prof Abhay Karandikar, Director IIT Kanpur said.

Prof Karandikar met Gangwal in Mumbai on Monday where the latter announced the donation for his alma mater. IIT Kanpur has been raising funds for this project which entails a cost of 600 crore. The multidisciplinary institute, the IIT Kanpur, as planned would have nine advanced research centres.

Unveiling Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!

Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On