IndiGo co-founder Rakesh Gangwal pledges Rs 100 cr to alma m…




In one of many largest personal donations made to an academic entity, IndiGo Co-founder Rakesh Gangwal has pledged to donate Rs 100 crore to his alma mater Indian Institute of Expertise (IIT), Kanpur, to determine a medical college on the campus.


The settlement was signed between the institute and Gangwal on Monday to assist the flagship medical mission. The proposed college will likely be named ‘Gangwal College of Medical Sciences and Expertise’ the place he’ll be part of its Advisory Board.





“The proposed medical college will play an essential position in driving IIT Kanpur’s improvements in medical analysis and expertise and catapult India into the worldwide league of establishments which can be converging medical sciences and expertise to profit humankind,” stated IIT Kanpur Director Abhay Karandikar.


“I’m proud to see the establishment that has produced 1000’s of leaders throughout numerous sectors, is now paving the best way within the healthcare sector. Greater than ever, healthcare is intertwined with technological advances and this college will speed up innovation in healthcare,” Gangwal famous.

With this improvement, IIT Kanpur will converge its expertise and innovation capabilities with medical sciences to catapult the institute into the league of world establishments. This will likely be achieved by the Facilities of Excellence (CoE) on futuristic drugs and a super-specialty hospital.


The proposed establishment will likely be accomplished in two phases. Section I of the mission will embrace a 500-bed super-specialty hospital, educational block, residential/hostel, and repair block with a complete built-up space of 810,000 sq ft., which can embrace organising CoE for R&D as nicely. This section is tentatively deliberate to be accomplished over the subsequent 3-5 years.


Section II will see the hospital capability develop to 1,000 beds, develop in medical departments, analysis areas, the inclusion of paramedical disciplines, different drugs, hospital administration, sports activities drugs, and public well being programmes over a interval of 7-10 years.

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