The three IITs earned over Rs 396 crore via consultancy projects, IIT Madras makes Rs 174 leading others. (IIT-M) Indian Institute of Technology-Madras (IIT-M) grabbed consultancy projects worth Rupees 173.5 crore over the past 3 years, way ahead of other engineering institutions.
Upcoming Application Form
- Amity University Admissions Open Now Apply Now
- Reva University Bengaluru Admissions Open Apply Now
- Manipal Uni. 2020 Admissions Now Open Apply Now
- UPES Admissions 2020 Now Open Apply Now
- NIIT University Admissions 2020 Open Apply Now
- Amrita University Admissions 2020 Open Apply Now
- KIIT University Admissions 2020 Open Apply Now
- LPU University Admissions 2020 Open Apply Now
- Chandigarh University Admissions 2020 Open Apply Now
According to the Union HRD ministry’s NIRF report for 2016, IIT Roorkee and IIT Delhi are ranked second and third respectively among the IITs, in grabbing consultancy projects received. Together, the three IITs earned over Rs 396 crore through consulting.
Over the past three years, 8 branches of the premier institute (IIT-M) earned more than Rs 5 crore individually in consultancy projects.
Some More News Adding To The Previous One
Leading Roorkee, second on the list, by over Rs 60 crores, IIT-M is first on the list. Way back in 1973 IIT was first to set up “Industrial Consultancy Centre”, this is the reason why IIT-M has emerged as the first choice for consultancy projects by industry and government organisations.
Subscribe to Get Updated Information about The Three IITs Earned over Rs 396 crore via Consultancy Projects
Professor B Ramamurthy, IIT-M director said: “Industry Consultancy Centre was set up IIT Madras in the 1970s when it initially dealt in civil, ports and automobile engineering only,”. Gradually, it started diversifying into other areas, including pharmacy,” also the fact that Chennai industrial base helped the institute to grow as industrial consultant,”
According to the National Institutional Ranking Framework 2016 rankings, Indian Institute of Technology Madras is also the top-ranked engineering institute in the country.
Ongoing Application Forms - 2020
REVA University Admission 2020
Thapar University Admission 2020
Vel Tech Admissions 2020
Amity Joint Entrance Examination 2020
GNIOT, Noida Admission 2020
KIIT University Admission 2020
UPES Design Aptitude Test
PIET Panipat Admission 2020
VijayBhoomi University, Mumbai Admission 2020
Shoolini University Admission 2020
Manav Rachna University
DIT University Admission 2020
MIT ADT University Pune Admission 2020
UPES Management Entrance Test
LPU Admissions 2020
GD Goenka University Admission 2020
BML Munjal University Admission 2020
At IIT-M, around 45% of the faculty members are engaged in consultancy for Industry or government and “in coming 4 to 5 years, will take this to 60%”,
In all, 92 projects have been accepted by the government of India under the (UAY) Uchhatar Avishkar Yojana, with an aim to boost research while giving students of premier institutes as the more market-oriented mindset, with an expense of Rs 282 crore. Out of these 92 projects, 23 are worth more than Rs 100 crore over the next 3 years.
In past 10 years, IIT-M priority is of research-based industrial consultancy, focusing on product development.
IIT-M Research Park’ is the first-of-its-kind facility that empowers the engagements with the industry and more and more organisations are setting up important labs.
Admission to IITs
The getting admission in IITs Bachelors and Integrated degree is based on JEE Main 2020 and JEE Advanced 2020. Read the detailed information about these examinations by clicking on blue links. The JEE Main is step one exam for JEE Advanced and also for admission into the list of premium engineering colleges of India.