IIT Mandi receives record donation from US-based philanthropist

The Indian Institute of Technology Mandi (IIT Mandi) received a donation of US$ 85,000 from Mohinder L. Nayyar, a prominent US-based philanthropist and an alumnus of IIT Roorkee.

This generous contribution represents the largest donation ever received from a US-based philanthropist by the IIT Mandi/DORA Office, setting a new benchmark in support of IIT's mission.

An IIT Mandi spokesperson stated, "This donation will establish the IIT Mandi Endowment Fund to promote and recognize excellence. It is expected to significantly enhance the overall quality of research at IIT Mandi, support students in need, and foster academic excellence in higher education."

"To ensure the effective utilisation of these funds, a Tripartite Memorandum of Understanding (MoU) has been signed between Nayyar, IIT Mandi, and the IIT Roorkee Foundation. This MoU aims to promote academic growth and nurture talent in alignment with the institute's long-term vision," the spokesperson added.

Prof Laxmidhar Behera, Director of IIT Mandi, and Prof. Varun Dutt, Dean of Resource Generation and Alumni Relations, highlighted the importance of philanthropic contributions in strengthening the academic and research ecosystem. They expressed gratitude for Nayyar's substantial support and guidance, which are crucial for IIT Mandi's journey towards becoming a globally recognised hub for innovation and knowledge creation. IIT Mandi expressed its appreciation to Nayyar for his generosity and unwavering commitment to education and research. The institute remains dedicated to using these contributions to support impactful initiatives that benefit the academic community and society at large.