* Four alumni members were presented with Distinguished Service Awards
* The Silver Jubilee batch of 1990, pledged Rs 6.5 crore towards the Legacy project
Mumbai, December 27, 2015: The Indian Institute of Technology Bombay (IIT Bombay), celebrated its annual Alumni Day today. The day started with a warm welcome by Prof. Ravi Sinha, Dean (Alumni & Corporate Relations), IIT Bombay while Prof. Devang Khakhar, Director, IIT Bombay gave the visiting alumni an overview of the Institute and its growth over the years. In his address Prof. Khakhar, informed how the institute is growing from strength to strength.“Today, IIT Bombay is the leading academic Institution in the field of research and development . In a span of over 10 years, 100 technologies have been licensed by the Institute. The Institute is focusing on research that makes a difference and has set up major research centres in areas like electronics, nanoscience and solar energy. Our aspiration is to see IITB among the top ranks of technical universities in the world and we need continued support from our alumni to realize this dream,” he added.
As a part of the function, Distinguished Service Awards were bestowed on four alumni members this year, who besides being achievers in their own chosen domains, have contributed in a notable and sustained manner to the progress of the Institute. The award, instituted in the year 1999, consists of a certificate, memento and an Uttaria. This year, the award was conferred on Mr. Pramod Chaudhari, Mr. Ashok Kalbag, Mr. Rajesh Radhakrishnan, and Mr. Abhay Sawant, by the Director.
While receiving the Distinguished Service Award, Mr. Pramod Chaudhari, Founder and Executive Chairman of Praj Industries Limited presented a cheque of Rs 1 crore to the Institute and said, “I am proud to receive this award from the Institute. This recognition reinforces a new energy in me to continue doing things that I have doing over the years. I am a firm believer in sustainability so, I would like to donate a sum of Rs 1 crore to the Institute for this cause.”
The Silver Jubilee Batch (class of 1990) has decided to fund three existing initiatives as a part of their Legacy Project and pledged a sum of Rs 6.5 crore towards it. (A Legacy Project is a project adopted by the batch celebrating its Silver Jubilee anniversary, for the betterment of the institute and of the people associated with it, as a way of giving back to the alma mater and to leave behind a lasting legacy and remembrance of their silver jubilee reunion.)
The projects they have decided to fund include – Retired Faculty Wellness Fund (It covers medical coverage for the faculty members who retired prior to 2003, as well as for their spouses); Scholarship Program for Students; Young Faculty Award or New Faculty Sign-on Bonuses and Faculty Development Fund (basically to attract and support new faculty members at IIT Bombay. The project gives a joining bonus of Rs 4 lakhs over a period of three years to every new faculty hired at IIT Bombay and some financial aid in the subsequent years as well); Innovation Fund (The fund will provide early stage funding for students with product ideas that can be developed and later developed into bigger companies); and Clean Campus Green campus Project (The project is for things like cleaning the Powai Lake, beautifying the Institute campus etc.)
According to Mr. Sandeep Asthana, a representative of the Silver Jubilee Batch, “It is amazing to come back to the campus after so many years. Lot has changed outside the campus and inside the campus too, but the feeling we got when we entered the campus was truly magical. Our roots are at IIT Bombay and we know that whatever we are today, is because of the Institute and the lessons that we learned here through our teachers, friends, and hostel mates. Therefore, we feel that it is important to give back to the Institute which has given us so much. Our batch is giving away a cheque of Rs 6.5 crore to the Institute as a part of the legacy project or as we call it Insti Wapsi which simply means coming back to the Institute.”
Mr. Ram Kelkar representing the Reunion batch of 1980 and Mr. Nirmesh Mehta from the Decennial Batch (Class of 2005) also spoke at the Alumni Day function. Several fun-filled activities were also held during the alumni meet which included departmental tours, hostel visits, cultural performances, student-alumni interactions, musical evenings and so on. A large number of alumni members and their family members participated in the Alumni Day celebrations this year.