CHENNAI, AUG 6 : The Indian Institute of Technology-Madras (IIT-Madras) on Tuesday received the largest single donation in its history of Rs. 228 crore from its Distinguished Alumnus Awardee
Dr. Krishna Chivukula (MTech, 1970).

This donation, made by Dr Krishna Chivukula, Founder and CEO, Indo US-MIM Tec, was one of the largest ever made to an educational institution in India.

The institute named an academic block in honour of Dr. Krishna Chivukula – ‘Krishna Chivukula
Block’ – during an event at the campus today, which was attended by the donor, Prof. V. Kamakoti, Director, IIT Madras, Prof. Mahesh Panchagnula, Dean (Alumni and Corporate Relations), IIT Madras, Mr. Kaviraj Nair, CEO, Office of Institutional Advancement, IIT Madras, faculty, researchers, staff, and students

Dr. Krishna Chivukula in 1997 brought to India a state-of-the-art engineering manufacturing technology called ‘Metal Injection Molding (MIM)’ while it was still an emerging technology in the U.S.

Presently his company, occupies the number one position in the world in MIM technology in terms
of capacity and sales and has a projected turnover of nearly Rs. 1,000 Crore.

IIT Madras recognized his professional excellence and contributions to the community by conferring the ‘Distinguished Alumnus Award’ during 2015.

Addressing a press conference, Prof. Kamakoti said, “That our alumnus still remembers his Alma Mater after several decades reinforces the fact that education is the only immortal wealth that we

can give to mankind. Grateful to Shri Krishna Chivukula for his big contribution, which will benefit several future generations of students in their pursuit of knowledge.”

Speaking about his motivations for supporting his Alma Mater, Dr. Krishna Chivukula said, “My education at IIT Madras, in addition to being extremely memorable and enjoyable, enabled me

to accomplish much in life and put me in a position whereby I can give back to the Institute a
gift – one of the largest single donations to date to a university in India!”

This donation will be utilized for multiple purposes including supporting international students to
study at IIT Madras through a Scholarship, Research Excellence Grant Program, an UG Fellowship
Program for freshers at IIT Madras, Sports Scholar Program, Shaastra Magazine development and the Krishna Chivukula Block Maintenance, among other activities.

IIT Madras raised a historic high of Rs. 513 Crore during 2023-24, a 135% increase from the
previous financial year. In recent years, IIT Madras has emerged as a National Leader in ‘Tech
Driven CSR’ through which the Institute is translating the cutting-edge research underway in its
labs to actual products that benefit the society and country at large with support from the Alumni, Donors and Corporate firms.

The number of donors giving over Rs. one Crore to the Institute was 48, They included 16 alumni donors and 32 Corporate Partners. The funds were raised from IIT Madras alumni and individual philanthropists in addition to CSR funds and grants from Indian as well as Multinational Corporate firms.

The total amount raised through alumni alone during 2023-24 was Rs. 367 Crore, which is an increase of 282% compared to the previous year. Their focus areas included cutting-edge research

across various social impact themes, infrastructure, and scholarships for students, besides establishing Chair Professorships for research in specific areas.(UNI)