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 Technology (IIT), Kanpur, to set up a medical college on the campus.
The settlement was signed between the institute and Gangwal on Monday to help the flagship medical challenge. The proposed college shall be named ‘Gangwal School of Medical Sciences and Technology’ the place he’ll be part of 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,” stated 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 famous.
With this improvement, IIT Kanpur will converge its expertise and innovation capabilities with medical sciences to catapult the institute into the league of worldwide establishments. This shall be achieved by way of the Centers of Excellence (CoE) on futuristic medication and a super-specialty hospital.
The proposed establishment shall be accomplished in two phases. Phase I of the challenge will embody a 500-bed super-specialty hospital, tutorial block, residential/hostel, and repair block with a complete built-up space of 810,000 sq ft., which is able to embody establishing CoE for R&D as effectively. This part is tentatively deliberate to be accomplished over the following 3-5 years.
Phase II will see the hospital capability develop to 1,000 beds, develop in scientific departments, analysis areas, the inclusion of paramedical disciplines, various medication, hospital administration, sports activities medication, and public well being programmes over a interval of 7-10 years.