Co-founder of IndiGo airlines and an alumni of Indian Institute of Technology, Kanpur, Rakesh Gangwal will contribute ₹ 300 crore to the Gangwal School of Medical Sciences and Technology at IITK, supporting medical education, research, clinical innovation and MedTech.
The facilities are envisioned to support medical education, clinical research and healthcare delivery, while creating opportunities for doctors, researchers, engineers and technology experts to work together on emerging healthcare challenges. With this commitment, Gangwal will provide matching grants against contributions from other supporters, of up to ₹ 300 crore, towards the development of the School, the institute said in a press release. The School’s development plans also include a 500-bed super-speciality hospital on the IIT Kanpur campus, along with a proposed 200-bed cancer care research centre.
This follows his earlier ₹ 100 crore contribution in 2022 which supported the institute’s plans to establish a medical school on campus, taking his cumulative contribution towards the Gangwal School to ₹ 400 crore. IIT-K extended very special thanks to Gangwal (BT/ME/1975) for the philanthropic contribution toward his alma mater.
