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IIT Madras generated ₹1,081 crore from government projects and industry consultancy in 2021-22

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Indian Institute of Technology Madras (IITM) said Monday it has generated Rs 1,081 crore from sanctioned projects and consultancy in 2021-22.



According to IITM, the more than Rs 1,000 crore consists of Rs 768 crore in funds from projects sanctioned by the state and central governments and Rs 313 crore in industry consultancy.

These collaborations are facilitated by a dedicated team from the Center for Industrial Consultancy and Sponsored Research (IC & SR), IIT Madraswhich is headed by Prof. Manu Santhanam.

The key projects that drove the massive increase in funding in 2021-22 include: “Education through Information and Communication Technology using Direct-to-Home (DTH)” led by Prof. K. Mangala Sunder and Prof. Arun Tangirala – Rs 300.28 crore; ‘Centre of Excellence for Road Safety (CoERS)’ led by Prof. dr. Venkatesh Balasubramanian – Rs 99.5 crore; ‘Speech technologies in Indian Languages’ led by Prof. Hema An Murthy – Rs 50.6 crore and ‘Collecting Data Sets and Benchmarks for Building Indian Language Technology’ under the direction of Dr. Mitesh Khapra – Rs 47 crore.

V. Kamakoti, Director of IIT Madras, said: “The performance of the Center for Industrial Consultancy and Sponsored Research is very encouraging and perfectly aligned with the Strategic Plan of IIT Madras. This is a reflection of our increased interaction with funding agencies and industry .”

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