The donation was given to IIT Kanpur by the alumnus to help establish the college. Apart from this, the IndiGo co-founder will also join the advisory board of the school.
Here is a great news from IIT Kanpur, in an extraordinary gesture, our alumnus Mr. Rakesh Gangwal, co-founder of IndiGo Airlines has made one of the biggest personal donations with a contribution of 100 crore focused on supporting the School of Medical Sciences and Technology at IIT Kanpur,” the director tweeted,
“It is a privilege to be associated with such a noble endeavor with my alma mater. I am proud to see that the institution that has produced thousands of leaders in various sectors is now leading the way in the healthcare industry. More than ever, healthcare is intertwined with technological advancements and this school will accelerate healthcare innovation,” Gangwal told PTI reporters at the event.
The School of Medical Sciences and Technology is expected to be completed within the next 10 years. The project will be carried out in two phases.
In Phase 1, establishment of a 500-bed super-specialty hospital, university block, residence/hostel and services block with a total built-up area of approximately 8,10,000 square feet and establishment of Centers of Excellence, CoE, to pursue R&D activities will take place. Phase 1 is expected to last 3-5 years.
Phase 2 of the project will see hospital capacity increase to 1,000 beds, expansion of clinical departments and centers, research areas, inclusion of allied medical disciplines, alternative medicine, hospital management, sports medicine and curricula of public health. Phase 2 is expected to last 7 to 10 years.
The establishment of the School of Medical Sciences and Technology is being considered in line with IIT Kanpur’s efforts to bring about a paradigm shift by merging medical research and technological innovations in the country, according to a statement.