The successful IITians are coming back in investing in fundamental research in India. Such Centers of Excellence (CoEs) for various areas will go a long way to promote scientific research back home.
Living up to his promise made nearly four years ago, a US-based Indian and IT entrepreneur came to his alma-mater Indian Institute of Technology (IIT) to launch a research centre for biosciences and bio-engineering with the focus on cancer.
An alumnus of the 1969 batch of IIT, Romesh Wadhwani, founder of Symphony Technology Group and chairman of Wadhwani Foundation, along with his wife Kathy and IIT Bombay director Devang Khakhar, inaugurated the Wadhwani Research Centre in Biosciences & Bioengineering (WRCBB) at the IIT-Bombay campus Friday.The WRCBB follows a generous gift of US$ 5 million announced by Wadhwani in 2008 in New York, towards the project, designed to focus on understanding cell motility and cancer invasion.
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