Nilekani earlier contributed Rs 85 crore to the institute, bringing the cumulative worth of his assist to Rs 400 crore.
The memorandum of understanding was formally signed in Bengaluru on Tuesday by Nilekani and professor Subhasis Chaudhuri, Director, IIT Bombay.
“IIT Bombay has been a cornerstone in my life, shaping my formative years and laying the foundation for my journey. As I celebrate 50 years of my association with this esteemed Institution, I am grateful to give forward and contribute to its future,” mentioned Nilekani, additionally the founding chairman of the Unique Identification Authority of India (UIDAI).
“This donation is more than just a financial contribution; it is a tribute to the place that has given me so much and a commitment to the students who will shape our world tomorrow,” he added.
Nilekani joined IIT Bombay in 1973 for a bachelor’s diploma in electrical engineering.
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“This historic donation will significantly accelerate the growth of IIT Bombay and will firmly set it on a path of global leadership. IIT Bombay is committed to building research and academic excellence that can make India a leader in scientific discovery and its translation towards solving the pressing challenges facing humankind,” mentioned Chaudhuri.Over the final 50 years, Nilekani has stayed related with the Institute in a number of roles.
He served on the Board of the IIT Bombay Heritage Foundation from 1999 to 2009 and was on the Board of Governors from 2005 to 2011.
He was awarded the distinguished Distinguished Alumnus Award in 1999, adopted by an Honorary Doctorate in 2019 as a part of the 57th convocation of IIT Bombay.
IIT Bombay goals to arrange world-class centres of excellence in strategic areas similar to synthetic intelligence, inexperienced vitality, quantum computing and others, nurturing a deep tech start-up ecosystem, and offering best-in-class analysis, residing, and tutorial services to college students and school.
Source: economictimes.indiatimes.com