IIT Kanpur ₹300 Crore Contribution: Rakesh Gangwal Boosts Medical School

Rakesh Gangwal contributes ₹300 crore to IIT Kanpur medical school

IIT Kanpur ₹300 crore contribution from alumnus and IndiGo co-founder Rakesh Gangwal will support the further development of the Gangwal School of Medical Sciences and Technology. The latest contribution takes Gangwal’s total support for the medical school to ₹400 crore, including his ₹100 crore contribution in 2022. Gangwal will also provide matching grants up to ₹300 crore against contributions from other supporters, encouraging additional funding for the project. The initiative aims to bring engineering, science, technology and medicine together to advance healthcare research and innovation. The planned facilities include a 500-bed super-speciality hospital and a proposed 200-bed cancer care research centre on the IIT Kanpur campus. These facilities are expected to support medical education, clinical research and healthcare delivery while promoting collaboration between doctors, researchers, engineers and technology experts.

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