Indian Institute of Delhi alumnus Amarjit Bakshi, who is also the founder and managing director of Central Park and Continental Engines, has pledged support of ₹10 crore to IIT Delhi, the institute said on Saturday.
Mr. Bakshiwill be paying the amount to the institute on a ₹1 crore per year basis.
“His support is significant as it will go a long way in augmenting IIT Delhi’s endowment fund, which the institute envisages to put in place to pursue its vision and mission that now contains reiteration of goals such as internationalisation, interdisciplinary activities and industrial connect under the status of Institute of Eminence,” the institute said. Professor V. Ramgopal Rao, Director IIT Delhi said: “As an Institute of Eminence, we have very high aspirations and alumni contributions will go a long way in achieving these objectives. Mr. Bakshi is a pioneer in his field and I am sure that this contribution will motivate many of our alumni to come forward and give back to the institute.”
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