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In a first, IIT-Madras funding revenue surpasses US$120 Million

A committed group at the IIT-M center for industrial consultancy and sponsored research (ICSR), led by dean Professor Manu Santhanam facilitated the funding partnerships

In a first, IIT-Madras funding revenue surpasses US$120 Million (Picture credit: IIT Madras)

For the first time in its history, The Indian Institute of Management- Madras (IIT-M), India, generated more than US$120 Million in funding and revenue in the fiscal year in 2021–2022.

Included in this amount are about US$37 million in industry consulting fees and US$99 Million from state and federal government-approved projects. The institute’s 0 previous record high was US$86 Million, set during the epidemic in 2020–2021.

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