Tuesday, February 8, 2011

IIT-Bombay to consider proposal for setting up NY centre seriously

Mumbai: The Indian Institute of Technology - Bombay (IIT-B) has been invited by the New YorkCity Economic Development Corporation (NYCEDC) to submit a proposal for setting up a campus in the Big Apple for courses in applied science.

The tie up with IIT-B will allow the city to have a world class facility for applied sciences teaching and research along with an emphasis on applied engineering.

The proposal from IIT-B is being prepared by a committee at the institute and will be submitted by April 2011. The capital contribution will be made by the host city along with provision of land and other considerations for setting up the campus.

IIT-B Director Devang Khakhar who had been invited by the NYDEC to consider setting up the campus said that they were exploring the concept and a team was working on a feasible plan.

New York Mayor Michael Bloomberg, commenting on the need for setting up the campus for applied science courses said that the city needed to optimize its business strengths. He said that the city was committed to finding the right partner for the applied sciences center and would also provide the support needed for setting up such a campus.

"The city will be providing all the support that will be needed for establishing such a facility because research in the fields of engineering, science and technology is creating the next generation of innovations in global business and this is what will be driving the economy forward," Bloomberg stated.

He further added that the city of New York already had all ingredients that would help in establishing the applied science and engineering center. These included a highly educated global population, unequalled financial and business community that would contribute in the capital and support for new ventures as well as existing top notch institutions that had their own latest researches. He said that these strengths could be capitalized upon for the new centre.

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