
IIT Bombay gets ₹700 crore funds for research and development
Hindustan TimesMumbai: The Indian Institute of Technology Bombay has reported a substantial increase in research and development funding, with an almost 39.44% rise compared to 2021. IIT Bombay The press statement issued by IIT Bombay stated that the significant boost in funding comes as part of IIT Bombay’s dedicated efforts to align its R&D objectives with India’s broader goal of achieving technological self-reliance. The IIT Bombay is currently working on major projects, including Hydrogen pressure vessel manufacturing, using textile-based composites TeCoPV, India: The Ministry of Textiles has funded this project. Professor Shireesh B Kedare, director, of IIT Bombay said, “Faculty members and students at IIT Bombay are actively engaged in research across diverse areas such as science, engineering, design, management, and the humanities. Kedare further stated that the close integration of academics and research at IIT Bombay has propelled the institution into the global arena of world-class educational and research institutes.
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