Indian Institute of Technology, IIT Kanpur has received a Rs 100 crores donation from its ex-alumnus, Rakesh Gangwal, who is currently also the co-founder of IndiGo. Gangwal also signed a pact with the institute to jointly set up a school of Medical Sciences and Technology.
The donation was given to IIT Kanpur by the ex-alumnus to help establish the college. Apart from this, The IndiGo co-founder will also be joining the Advisory Board of the school.
Here is big news from IIT Kanpur, in an extraordinary gesture, our alumnus Rakesh Gangwal, Co-Founder of IndiGo airlines has made one of the largest personal donations with a 100 crore contribution focused on supporting the School of Medical Sciences & Technology at IIT Kanpur,” tweeted the Director, Abhay Karandikar.
“It is a privilege to be associated with such a noble endeavour with my alma mater. I am proud to see that the institution that has produced thousands of leaders across various sectors is now paving the way in the healthcare sector. More than ever, healthcare is intertwined with technological advances and this school will accelerate innovation in healthcare,” Gangwal stated at the event to PTI reporters.
The Medical Sciences and Technology School is expected to be completed over the next 10 years. The project will be conducted in two phases.
In Phase 1, 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 and setting up Centers of Excellence, CoE, for pursuing R&D activities will take place. Phase 1 is estimated to take 3 to 5 years.
Phase 2 of the project will see the hospital capacity grow to 1,000 beds, expanding clinical departments and centres, research areas, the inclusion of paramedical disciplines, alternative medicine, hospital management, sports medicine, and public health programmes. Phase 2 is expected to take 7 to 10 years.
The creation of the school of Medical Sciences and Technology is envisioned in line with IIT Kanpur’s endeavour to bring about a paradigm shift by merging medical research and technological innovations in the country, according to a release. Times Now