Corporate Connect

The generous support of our corporate donors augments our global impact exponentially

IIT Bombay is resolved to collaborate with corporates in critical areas of research to develop actionable, cost-effective, sustainable, and scalable solutions that can solve pressing challenges of national and global importance. The Institute hopes to discover ways by which corporates can partner with IIT Bombay to create tangible social impact through technology solutions and make their CSR outcomes more impactful and measurable. IIT Bombay hopes that partnering with corporates will allow the Institute in its education and research goals toward becoming a globally competitive science and technology Institute, and, more importantly, get the Institute one step closer to its overall commitment to leading from the front toward nation-building for a bigger and better India.

IIT Bombay has been chosen as the knowledge partner by The CSR Journal for their annual excellence awards 2022. The Institute’s key role involved leveraging its strong research systems and faculty’s expertise to help The CSR Journal identify corporates that have created significant impact through their innovative
CSR practices.

Through a rigorous evaluation process spread over two months, IIT Bombay helped the CSR journal choose deserving corporates for their notable work in various areas. These include Education & Skill Training, Women Empowerment & Child Welfare, Environment, Agriculture & Rural Development and Health & Sanitation.

HDFC ERGO
INOX Group
JSW Group

HDFC ERGO

We at HDFC ERGO, believe in investment in futuristic technologies to further the cause of deepening insurance penetration in India. As a responsible corporate citizen, we are committed to developing technology-aided solutions for the benefit of society, and safeguarding the citizens against unfortunate events like urban flood, road accidents etc. In order to build these innovative solutions within the insurance domain and beyond, we decided to set up India’s first Insurance Academia Innovation lab in association with a prestigious and globally eminent institute like IIT Bombay, which is known for grooming the brightest minds of the country and delivering advanced and futuristic solutions beneficial for the society. We hope this strategic alliance will help students and researchers navigate and address the present challenges of the Insurance industry in India and help in reaching the last mile of our citizens with various need-based solutions.”

– Mr. Parthanil Ghosh, President, Retail Business, HDFC ERGO General Insurance Company

INOX Group

We would like to congratulate IIT Bombay for offering an academic environment, which imparts and imbibes education which turns the students into world-beaters and thought-leaders. We are sure that INOX Group’s strategic partnership with IIT Bombay will facilitate and broaden the scope of cryogenics research at the Institute. We also believe that the INOX scholarship would support the deserving students, as well as the students from economically-constrained backgrounds, an opportunity to complete their education, and fulfill their dreams, and benefit the society in a longer run.

- Mr. Siddharth Jain, Executive Director

JSW Group

JSW Group is proud to partner with IIT Bombay and enable focused training & research projects on new as well as emerging technologies in steel manufacturing and its use. We hope that IIT Bombay will partner and collaborate with The JSW Technology Hub and conduct interdisciplinary research projects and pursue technical assignments in myriad domains. We wish the very best to the entire extended IIT Bombay community including students, faculty, staff, and more in their future endeavours.

Partnerting with IITB

Promoting Impactful R&D, Undertaking Social Responsibility, Supporting Deserving Students and Faculty, and Developing State-of-the-art Infrastructure for a Bigger and Better India

CSR – Participate in IIT Bombay’s Mission to Nurture Globally Competitive Education and Research Ecosystems

Participate in India’s finest Start-up Ecosystem/ Incubation Centres

Tap into IIT Bombay Research Ecosystem for Company R&D

Build your corporate brand with the best/ brightest young minds in IIT Bombay’s classrooms.

Key Partners

Fintech

Cryogenics Lab & Chair Professorship

Research & Development

AI in Insurance

Research in Steel Technology

AI & ML and Aerospace

Student Scholarships

Student Excellence Awards

Clean Energy & Circular Economy

Conversational AI

Research in Chemical Engineering & Biosciences

Case Studies

BETiC-NSE Foundation

The Biomedical Engineering and Technology Innovation Centre (BETIC) at IIT Bombay was set up to bring together clinicians, researchers, entrepreneurs, and facilitators to develop indigenous medical devices that are affordable and suitable for the Indian population. Another vision of the project is to be ‘atmanirbhar’ and contribute to the ‘Made in India’ movement.’

Larsen & Toubro Infotech Limited – Student Satellite Program

IIT Bombay and Larsen & Toubro Infotech Limited (LTI) are collaborating on ambitious programmes in Satellite and Space Technology at the Institute. These include establishing the Student Satellite Program, developing modular satellite subsystems, and integrating them into a nanosatellite.

Development of a Protocol for Bee Box Monitoring and Honey Traceability Study (MasterCard)

The project focuses on developing a monitoring system specific to native Indian bees, like Apis cerana. The device does not require network data plans or sim cards.

IIT Bombay Corporate Social Responsibility

IT Bombay Corporate Social Responsibility (CSR) team prides itself in bringing ground-level impact on many lives. We are honored to showcase the different initiatives towards the social and economic wellbeing of communities through teaching, research, public events, and activities.

Donate Through Bank Transfer (IMPS/NEFT/RTGS)

CSR Registration No. of IITB

CSR00007536

Govt. supported schedule Vll, 135 Companies Act

Contributions to IITB by corporates qualifies under mandatory CSR obligation of companies

Reap 80G Benefit

Full tax benefits to companies for donating to IIT Bombay

IIT Bombay Corporate Social Responsibility

Annual CSR Conclave

Technology for Development

IIT Bombay’s Annual CSR Conclave 2023
Event Date: 16th June

Venue: Victor Menezes Convention Centre (VMCC) - IIT Bombay

Frequently Asked Questions

1. Is IIT Bombay Eligible to receive CSR donations?

Yes, IIT Bombay can receive CSR donations. IIT Bombay has a valid MCA CSR registration no – CSR00007536

Contributions to IIT Bombay by corporates qualifies under mandatory CSR obligation of companies. The abstract from the Schedule VII of the section 135 of the companies act is given below –

SCHEDULE VII
(See section 135)
Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:

7[(ix) (a) Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and

(b) Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organisation (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs)]

2. Who do we reach out at IIT Bombay for any queries related to CSR donations and Industry collaboration?

3. What are the various options available with IIT Bombay for a corporate/ Industry to donate under its CSR?

4. Is the donation eligible under 80G?

5. How much tax benefit under 80G is available if a donation is made to IIT Bombay?

6. Can IIT Bombay receive foreign funds under the FCRA?

7. Can IIT Bombay provide the donation receipt under CSR?

8. How many days it takes to generate a receipt for the donation made to IIT Bombay?

9. What is the process of donating the CSR funds to IIT Bombay?

10. Where can we find the mandatory checklist documents of IIT Bombay for vendor registration/ due diligence?

11. Is there a standard template of CSR Agreement/ MOU and NDA with IIT Bombay?

12. Can IIT Bombay provide us progress reports?

13. Can IIT Bombay provide 10BE?

Annual Activity Report 2021-22

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Engage with us

We welcome your ideas and suggestions and encourage you to get in touch with us at

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corporateconnect@iitbacr.com

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9122-2576-4889

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Institute Development

Student Aid

Batch Legacy

Current Campaigns

Centers of Excellence

Student Housing

Faculty

Entrepreneuship

Education

IIT Bombay is an ‘Institute of Eminence’, dedicated to academics and research, and the premier choice for students across India. As part of the Institute’s 2030 vision, IIT Bombay aspires to break into the top 50 universities in the world. To continue providing its students with a world-class educational experience the Institute requires globally competitive infrastructure including Centres of Excellence, smart classrooms, world-class hostel facilities, state-of-the-art labs where students and faculty can pursue groundbreaking research, and more. To know more about IIT Bombay’s CSR research projects on education,

Projects

Shabdamitra- A digital aid for language teaching and learning for Indian languages.

Prof. Pushpak Bhattacharyya

Learning Mathematics through Narrative.

Prof. Rekha Santhanam

Sustainable Development and Climate Action

For a planet and its people to live, breathe and lead a sustainable life, the balance across all five of nature’s elements – earth, fire, water, wind, and space – need to be preserved and nurtured. Corporates and industries are shifting focus on ethical sustainability initiatives for preserving our natural resources. While nature’s capital may be free and help in the economic growth of the industry, it does not translate to sustained development. Corporates and industries have been recognizing the need to focus on being development-oriented instead of growth-oriented. To know more about IIT Bombay’s CSR research projects, on sustainability and climate action

Projects

Low cost and energy efficient hydraulic structures and solutions for water distribution systems for rural and urban areas

Prof. Pradip Kalbar

A cost-effective and efficient green hydrogen production unit operational with wastewater

Prof. Arnab Dutta

Social and Policy Development

IIT Bombay is committed to policy development toward nation-building. The educational programmes in Planning and Development will allow students to get a holistic understanding of the socio-economic realities in our country. Students can formulate and implement development policies that can bring about desirable, stable, and sustainable development in India. To know more about IIT Bombay’s CSR research projects on social and policy development

Projects

A hub for seaweed cultivation and processing using women entrepreneurs.

Prof. Pennan Chinnasamy

WiSE (Women in Science and Engineering from Rural Parts of India)

Prof. Rajesh Zele

Women Empowerment

IIT Bombay is committed to the cause of women’s empowerment and social and policy development toward nation-building. With the former, the next generation of women students will join a legacy of highly accomplished women graduates from the Institute. IIT Bombay has introduced several key initiatives that have resulted in enrolling over 2,800+ women at the Institute in 2022. These initiatives include supernumerary seats to increase the number of female students to 20%, becoming a part of the Gender Advancement for Transforming Institutions (GATI) initiative, establishing more Women Chair Professorships, building an exclusive state-of-the-art women’s hostel on campus, and more. To know more about IIT Bombay’s CSR research projects on women empowerment

Projects

A hub for seaweed cultivation and processing using women entrepreneurs.

Prof. Pennan Chinnasamy

WiSE (Women in Science and Engineering from Rural Parts of India)

Prof. Rajesh Zele

Skills and Entrepreneurship

For creating societal and industrial impact and development, educational institutes are increasingly focusing on building the individual employability skill set of their students, as well as instilling in their students the mindset to become entrepreneurs, who can create employment opportunities for others. At IIT Bombay, the Society for Innovation and Entrepreneurship (SINE) and the Desai Sethi School of Entrepreneurship (DSSE) play a vital role in supporting budding student-entrepreneurs and mentoring them in translating technologies and creating job opportunities for others. To know more about IIT Bombay’s CSR research projects on Skills and Entrepreneurship

Projects

Fast and cost-effective design cycle for developing mobile robots using Smartphone (Commercial-Off-The-Shelf (COTS) device)

Prof. Leena Vachhani

Extension of lab set up for understanding the nuances of coolant mixing

Prof. Asim Tewari

Rural Development and Agriculture

More than 60% of India’s population lives in rural areas and depends on agriculture for their livelihood. The recent pandemic wreaked havoc on the farming community with an influx of laborers who migrated from cities and returned to their villages. Unfortunately, while urban entrepreneurs are often encouraged, rural and agricultural entrepreneurs barely get the support that they often need. The Centre for Technology Alternatives for Rural Areas (CTARA) at IIT Bombay provides various initiatives including the Rural Technology Action Group, Unnat Bharatiya Abhiyan, and more, to bring about a transformational change in the development of the country’s rural areas and create a more inclusive India. CTARA also supports initiatives to increase employment opportunities in rural India and supports rural entrepreneurs. To know more about IIT Bombay’s CSR research projects on Rural Development and Agriculture

Projects

Low-cost sustainable seismic isolators for earthquake safety of communities in villages and small towns.

Prof. Manish Kumar

Improving Post-Harvest Supply Chain for Organic Produce in Bannerghatta Landscape.

Prof. T T Niranjan

Healthcare

The recent pandemic has exposed the vulnerability of our healthcare system. Low-cost healthcare is the immediate need of the hour and can be facilitated through several initiatives including drug discovery, translation work, and scaling of essential drugs. An affordable healthcare system requires low-cost diagnostic tools which can diagnose illnesses at the onset, leverage advances in medical technology pertaining to contagious diseases, provide digital health services including therapy, and increasing the density of primary and secondary healthcare centers across the country. To know more about IIT Bombay’s CSR research projects on healthcare

Projects

A high-density cerebral metabolism and blood flow imaging system for stroke diagnosis and treatment

Prof. Hari M Varma

Ageing suit to simulate ageing for sensitive design of cities.

Prof. Prabhir Vishnu Poruthiyil