Endowment in memory of ex-chairman of IIT board

An endowment price ₹4 crore in the memory of A.M.M. Arunachalam, who was chairman of the board of governors throughout 1978-81, has been created on the Indian Institute of Technology-Madras.

An auditorium bearing his title was additionally commissioned on Wednesday in the presence of Arunachalam’s son, M.A. Alagappan.

Mr. Alagappan, additionally chairman of the A.M.M. Foundation and adviser, Murugappa Group, mentioned in order for companies to be globally aggressive, it was essential to aspire to develop and invent in India.

“While businesses are constantly seeking to innovate in terms of technology, the academic world has the multi-disciplinary expertise that can be harnessed to accelerate the development of new technologies,” he mentioned.

He praised the institute for facilitating and fostering hyperlinks between academia and {industry} and for creating constructive outcomes for all stakeholders.

Finding options

The Industry Collaboration and Sponsored Research Centre’s method helped discover options to advanced technical and techno-commercial challenges in a variety of areas and with a variety of companions, he mentioned. The collaborations supplied the college and college students alternative to use and hone their data to resolve real-world issues, he mentioned.

Institute director Bhaskar Ramamurthi mentioned the Murugappa Group of firms had been early companions of the institute in a number of analysis and improvement initiatives, paving the best way for industry-academia collaboration to construct sturdy technological capabilities in the nation.