IIT alumni plans to set up a new IIT

October 11th, 2007

Various news reports mention this. Following is an excerpt from a report in Economic Times.

… prominent alumni of the seven Indian Institutes of Technology are drawing up a blueprint to set up a new IIT.

Last month, Rajat Gupta, founding member and chairman of the board of directors of PAN-IIT , an alumni group of heavyweights, floated the idea among members, sparking off a flurry of email exchanges at the highest levels of corporatedom. In a communication with TOI, Gupta — who headed worldwide operations for consultancy major McKinsey until recently — confirmed the plan.

Speaking to TOI, Ashank Desai, president of the alumni group and chief of software firm Mastek, said, ‘‘We had some discussions and thought exchanges among some members. A lot of us have shown interest in the idea of setting up an IIT.’’ But, he emphasised, it was at a nascent stage.

Work has already begun though. A concept note has been prepared and a couple of PAN-IIT members have broached the subject with the Union HRD ministry. Details regarding the location of the proposed institute and the funding model it would follow remain to be worked out.

Entry Filed under: Cross-cutting topics


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