Paying It Forward: Dr. Krishna Chivukula’s Record-Breaking Donation to IIT Madras

With his whopping 228 crore rupees donation to his alma mater IIT Madras, Dr Krishna Chivukula is touted to have made the single largest donation to any college in India. He had passed out of IIT Madras in 1970 with an M Tech in Aeronautical Engineering and became extremely successful in the US where he had worked first and established a company and sold it for a big money.

A visionary, Dr. Chivukula brought the cutting-edge Metal Injection Molding (MIM) technology to India in 1997, at a time when it was still emerging in the U.S. 

Founder and CEO of Indo-MIM, Chivukula attributes much of his success to the education he received at IIT Madras, which he recalls as both memorable and enjoyable. He told tellmystory.in “I had such  a great time here. IIT Madras played such a huge  role in my succes”.

His donation will fund five initiatives, including merit scholarships for poor Indian students and sports champions, international students from developing countries and research. IIT Madras Director, Prof. V. Kamakoti, highlighted the timeless value of education, saying “Education is the only immortal wealth that we can give to mankind.” The Dean of Alumni and Corporate Relations Prof Mahesh Panchagnula added “Like the US, every alumnus and alumnae should give back to their alma mater”.