S. Vishnu Sharma
IIT Madras collaboration is being done with an objective to become the core for technology-driven CSR activities in the country. The institution is actively collaborating with industry and corporate firms.
CSR activities
Working towards the goal of making technology drive CSR activities, IIT Madras organized a roundtable meet titled ‘Explore and Grow—CSR Partnerships’ in Mumbai on 16th December 2021.
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The event focused on the emerging trend within India’s CSR – the use of technology to drive change on the ground. The evening witnessed the active participation of Corporate Leaders from various industries.
Hosting Corporate Decision Makers and CSR Heads, the session included panel discussions by renowned expert faculty from IIT Madras on socially-relevant projects that have come from the Institute Research.
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The panels explored pressing issues such as affordable healthcare, sustainable urban infrastructure development, algorithms to solve real-world problems and revolutionizing the edu-skilling space, also touching on astonishing solutions to these problems that technology uniquely holds.
Professor Mahesh Panchagnula
Professor Mahesh Panchagnula, Dean (Corporate and Alumni Affairs) at IIT Madras speaking at the meeting said ‘IIT Madras is excited to partner with Corporate India on this exciting journey of creating Indian-origin solutions to the world’s problems.
We are very proud of our students and our alumni who are vested in developing technologies that will transform tomorrow’s India. IIT Madras is solving tomorrow’s problems, he said.
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Speaking further Professor Mahesh of IIT Madras said India has committed to reaching certain SDGs (Sustainable Development Goals). CSR is best positioned for solving tomorrow’s problems and meeting tomorrow’s needs.
Do come and partner with us and help transform our ideas and solutions into reality, said Professor Mahesh.
Donations
All donations made to IIT Madras are 100 per cent tax deductible u/s 80(G) Indian Income Tax Act, with no limit. As per Section VII of Companies Act, 2013, Contributions made to IIT Madras are considered as CSR Expenditure.
Ms. Rema Mohan
Ms. Rema Mohan, Chief Executive Officer of NSE Foundation said CSR plays a catalytic role in ensuring socially-relevant low-cost solutions are created and scaled.
The NSE Foundation has taken pressing problems such as air pollution and septic tank cleaning through mechanised solutions and worked closely with IIT Madras to create scalable solutions, she said.
‘Today’s IIT Madras CSR Connect was an eye opener and truly informative on the breadth of work undertaken by the Institute.’
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OIA at IIT Madras
The office of Institutional Advancement (OIA) at IIT Madras actively manages the IIT Madras Alumni donations, transforming them into endowments, support for new state-of-the-art infrastructure and scholarship support for needy, deserving students.
The OIA at IIT Madras has been engaged in working with alumni and corporates on various CSR projects and other philanthropic initiatives with a focus on creating transformative social impact.
Mr. Kaviraj Nair
Mr. Kaviraj Nair, Chief Executive Officer at OIA at IIT Madras spoke about the response from the corporate world towards IIT Madras projects. t is very encouraging to note that these days, several companies are taking a long-term view on CSR projects.
Many of firms are interested in funding upstream research for social development projects as part of their CSR initiatives, which results in outcomes that are socially relevant and transformational, he said.
Mr. Nachiket Deshpande, Chief Operating Officer, Larsen & Toubro Infotech (LTI), added their focus is to leverage this technology to connect people from remote parts of India in a better way.
Usha Vandavasi
Director (Finance) and CFO at Portescap India Private Limited spoke about the collaboration with IIT Madras.
Portescap India and IIT Madras have partnered for CSR initiatives in the healthcare field – AREBO (Arm Rehabilitation Robot) and ‘Sit to Stand’ Mobility Projects.
We are impressed with the progress in both. As a company, our core Values are to deliver exceptional value to communities and society and drive innovative solutions to save, improve and enhance lives.
Our partnership with IIT Madras mirrors our core values and we look forward to further such initiatives which bring our Corporate and CSR philosophy to life, she said.
About IIT Madras
Indian Institute of Technology Madras (IITM) was established in 1959 by the Government of India as an ‘Institute of National Importance.’
The activities of the Institute in various fields of Science and Technology are carried out in 16 academic departments and several advanced interdisciplinary research academic centres.
The Institute offers undergraduate and postgraduate programmes leading to B.Tech., M.Sc., M.B.A., M.Tech., M.S., and Ph.D., degrees in a variety of specialisations.
IITM is a residential institute with more than 600 faculty and 9,500 students. Students from 18 countries are enrolled here. IITM fosters an active entrepreneurial culture with strong curricular support and through the IITM Incubation Cell.
IITM has been ranked No.1 in the ‘Overall’ Category for the third consecutive year in India Ranking 2021 released by National Institutional Ranking Framework, Ministry of Education, Govt. of India.
The Institute has also been ranked No.1 in the ‘Engineering Institutions’ category in the same rankings for six consecutive years – from 2016 to 2021.
It was also adjudged as the ‘Top innovative Institution’ in the country in Atal Ranking of Institutions on Innovation Achievements (ARIIA) in 2019 and 2020. ARIIA Ranking was launched by the Innovation Cell of Ministry of Education.
