Indian Institute of Technology – Madras (IIT-M) will be hiring 100 foreign faculties over the next three years to boost industry-funded research. Initially, the institute is planning to hire 25 foreign nationals as faculty, said an IIT Madras official.
The official also added that the institute is focusing majorly on improving the industry-institute research partnerships, on enhancing the donations from former students, and boosting the placements via drawing more and more corporates.
According to an official statement, one of the major goals of the institute is to nurture entrepreneurial skills among the students of IIT Madras.
According to the official, union government has sanctioned Rs 750 crore as IIT Madras’ budget for the next fiscal. The institute is expected to get first portion of sanctioned amount soon.
Pawan Goenka, Chairman, Governing Board of IIT-M and Managing Director, Mahindra & Mahindra Ltd, told reporters, “IIT-M plans to have around 100 foreign nationals as its faculty over the next three years. To start with, the institute plans to hire around 25 foreign nationals as faculty members”.
IIT Madras Director Bhasker Ramamurthi hoped that appointing foreign faculty members will help in conceptualising diverse ideas since not all nationalities think alike.