A Golden Legacy: The Class of 1973’s Rs. 7.15 Crores Donation Propels IIT Bombay Forward

The Golden Jubilee Batch – the Class of 1973 – pledged a total of Rs 7.15 crores to support two significant causes: the C1973 EV Power Train Laboratory and the C1973 Faculty Awards for Excellence in Research.

Establishing the C1973 EV Power Train Laboratory will leverage IIT Bombay’s talented faculty and innovators to lead in the indigenization of EV research, particularly in light commercial vehicles, which constitute a substantial portion of EV sales in India. The lab will also contribute to India’s goal of becoming a global hub for small EVs.

The C1973 Faculty Awards for Excellence in Research aim to promote and recognize original research from young faculty at IITB. This initiative encourages faculty members to conduct and publish impactful research in peer-reviewed and globally reputed academic journals, thereby enhancing the visibility of IIT Bombay as a premier research-driven institute worldwide.

Alumni members from the Golden Jubilee batch (1973), including Mr. Deepak Gupte and Mr. Rajendra Bhinge, explained the meticulous consideration given to ongoing projects at the institute to determine the best fit for their legacy initiative. “After careful consideration, the EV Power Train Lab and Faculty Award for Research Excellence emerged as the chosen projects due to their potential impact. This pivotal step marked a significant stride in recognizing and encouraging outstanding research within the institute. This strategic choice not only aligns with our commitment to excellence but also sets the stage for a transformative era of innovation and academic achievement at the institute.”

In a visionary move that reflects their unwavering commitment to advancing academic excellence and innovation at IIT Bombay, the Golden Jubilee Batch – the Class of 1973 – has etched a lasting legacy through their generous pledge to their alma mater. As we witness the unfolding of this inspiring legacy, we anticipate a future marked by innovation, research excellence, and a profound commitment to IIT Bombay’s position as a global leader in academia.

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Through their generous contributions, the Silver Jubilee Batch of 1998 and the Golden Jubilee Batch of 1973 have not only fuelled IIT Bombay’s ambitious vision but collectively paved the way for a future marked by innovation, academic excellence, and a transformative legacy. IIT Bombay is deeply thankful to these distinguished alumni for their enduring commitment to shaping the Institute’s destiny.