In one of the biggest private gifts made to an educational institution, IndiGo Co-founder Rakesh Gangwal has pledged to donate Rs 100 crore to his alma mater Indian Institute of Technology (IIT), Kanpur, to layout a medical school on the grounds.
The agreement was signed between the institution and Gangwal on Monday to help with the lead clinical task. The proposed school will be named ‘Gangwal School of Medical Sciences and Technology’ where he will join its Advisory Board.
“The proposed medical school will play an important role in driving IIT Kanpur’s innovations in medical research and technology and catapult India into the global league of institutions that are converging medical sciences and technology to benefit humankind,” said IIT Kanpur Director Abhay Karandikar.
“I am proud to see 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 noted.
With this turn of events, IIT Kanpur will unite its innovation and advancement capacities with medical sciences to launch the establishment into the class of global institutions. This will be accomplished through the Centers of Excellence (CoE) on cutting-edge medication and a super-specialty emergency hospital.