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Alumnus, a 1970 batch MTech, items IIT-M Rs 228 crore

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CHENNAI: Krishna Chivukula, an alumnus of IIT-Madras and founding father of Indo MIM Know-how Personal Restricted, donated Rs 228 crore to his alma mater. This can be used to provide fellowships to prime BTech college students, eminent sportspersons, international college students, college members who do high-risk analysis, and to convey out {a magazine}, IIT-M stated.
The institute on Tuesday named an instructional block after Krishna Chivukula, who obtained an MTech in aerospace engineering from IIT-M in 1970.“This is likely one of the largest donations ever made to IIT Madras. We are going to launch Krishna Chivukula fellows programme to reward prime BTech college students in all branches,” V Kamakoti, director of IIT-Madras, informed reporters .
Chivukula, who additionally has an MBA from Harvard Enterprise College (1980), was group president and CEO on the Hoffman Group of Firms in New York earlier than he arrange his personal agency. He based two companies in succession — Shiva Applied sciences Inc in 1990 in Syracuse, New York, specializing in superior mass spectroscopy to certify ultra-high purity supplies, and Indo MIM in Bengaluru, to provide small steel and ceramic parts with complicated geometries in excessive volumes.
Most plane carry metals produced by Krishna Chivukula’s firm, Kamakoti stated.
“I’m hoping this may ignite a spark and tradition of giving to our personal nation and our personal individuals. I’m lighting an even bigger fireplace (donation) to make a distinction,” Krishna Chivukula informed reporters. He stated his BTech at IIT-Bombay and MTech at IIT-Madras helped him get into Harvard College and change into a profitable individual.
“We are going to help sportsmen beneath the Krishna Chivukula sports activities fellowship programme. The fund may even be used to help college students from creating nations, together with African nations and Saarc nations,” Kamakoti stated.
The cash may even be used to transform IIT-M’s journal “Shaastra”, which options the newest discoveries and scientific and technological updates, right into a month-to-month to be distributed free to college students. “Additional, college members who do analysis beneath ‘high-risk and high-reward’ programmes may even get help from this fund,” Kamakoti stated.
“We’re a rising establishment and we now have wants. We wish to see extra such donations,” Professor Mahesh Panchagnula, dean of alumni and company relations, IIT-Madras, stated.
In 2022, two philanthropist {couples}, Susmita and Subroto Bagchi and Radha and NS Parthasarathy, collectively donated Rs 425 crore to Indian Institute of Science (IISc), Bengaluru, to arrange a postgraduate medical faculty and 800 mattress multispeciality hospital on IISc campus.



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