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Chennai
The Indian Institute of Technology Madras (IIT Madras) has received the single, largest-ever donation in its history of Rs. 228 crore from its alumnus awardee, Dr Krishna Chivukula (MTech, 1970).
Dr. Krishna Chivukula graduated with an M. Tech (Aerospace Engineering), majoring in Jet Propulsion in 1970 from IIT Madras. In addition, he received an MBA from The Harvard Business School in 1980.
After a stint as Group President and CEO at the Hoffman Group of Companies in New York, Mr. Chivukula founded two “world number one” companies in succession. Shiva Technologies Inc. in 1990 specializing in Advanced Mass Spectroscopy to certify ultrahigh purity materials and Indo MIM Pvt Ltd in Bengaluru to produce small metal and ceramic components with complex geometries in high volumes.
His donation of Rs. 228 crore is one of the largest ever made to an educational institution in India.
IIT Madras named an academic block in honor of Dr Krishna Chivukula – ‘Krishna Chivukula Block’ – during an event at the campus.
The event was attended by Dr Krishna Chivukula, Prof V Kamakoti, Director, IIT Madras, Prof Mahesh Panchagnula, Dean (Alumni and Corporate Relations), Mr Kaviraj Nair, CEO, Office of Institutional Advancement, IIT Madras, faculty, researchers, staff, and students.
Dr Krishna Chivukula in 1997 brought to India a state-of-the-art engineering manufacturing technology called ‘Metal Injection Molding (MIM)’ while it was still an emerging technology in the U.S.
Presently his company, the INDO US MIM Tec, occupies the number one position in the world in MIM technology in terms of capacity and sales and has a projected turnover of nearly Rs. 1,000 Crore.
IIT Madras recognized his professional excellence and contributions to the community by conferring the ‘Distinguished Alumnus Award’ in 2015.
