IIT Madras establishes great Venkataramani Fellowship

IIT Madras turned centre of attraction when Venkataramani Fellowship in Clean Energy and Green Mobility was established recently.

The objective behind establishing Venkataramani Fellowship is to encourage graduate students to undertake research in the areas of Clean Energy and Green Mobility.

The Endowment is being set up by the family of the late Mr. N. Venkataramani, who was the Chairman and Managing Director of India Pistons and was a Fellow of The Institute of Mechanical Engineers.

IIT Madras establishes great Venkataramani Fellowship

Memorandum of Understanding (MoU) towards setting up the endowment with a um of Rs. 50 lakh for this Fellowship was signed on 4 August by Professor Mahesh Panchagnula, Dean (Alumni and Corporate Relations), IIT Madras, and Mrs. Sita Venkataramani on behalf of Amalgamations Inc and the Venkataramani family, in the presence of Professor Bhaskar Ramamurthi, Director, IIT Madras, other officials and family members of Venkataramani.

Mrs. Sita Venkatramani recalled about Venkataramani’s contributions.

‘This Fellowship established at IIT Madras reflects the passion that Mr. Venktaramani had during his professional life in encouraging young engineers to further their knowledge in areas that are important to society, she said.

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Dr. R. Mahadevan, Director India Pistons and an alumnus of IIT Madras, outlined the various initiatives that Mr. Venkataramani had taken in the Amalgamations Group in the areas of Clean Energy and Green Mobility.

Mr Ram Venkataramani and Mr. Gautam Venkataramani shared the steps that are being taken in the component companies to implement their father’s vision.

This Fellowship established at IIT Madras will provide monthly scholarship to the two graduate students of the MSc, MS, MTech and/or PhD programs for two years consecutively.

Professor Bhaskar Ramamurthi said IITM is honoured to receive this gift in the memory of one of Tamil Nadu’s automotive industry captains, the late Shri N Venkataramani.

Clean Energy and Green Mobility are very important for India and the world, and this Fellowship will enable bright young minds to take up the study of and research in these fields, said Professor Ramamurthi.

Professor Mahesh Panchagnula said they are honoured to be associated with the legacy of Mr. Venkataramani, a doyen of Indian industry, through this scholarship.

Students of IIT Madras will benefit from the scholarship in clean energy and green mobility, he said.

About IIT Madras

Indian Institute of Technology Madras (IITM) was established in 1959 by the Government of India as an ‘Institute of National Importance.’

The activities of the Institute in various fields of Science and Technology are carried out in 16 academic departments and several advanced interdisciplinary research academic centres.

The Institute offers undergraduate and postgraduate programmes leading to B.Tech., M.Sc., M.B.A., M.Tech., M.S., and Ph.D., degrees in a variety of specialisations.

IITM is a residential institute with more than 580 faculty and 9,500 students. Students from 18 countries are enrolled here.

Institution fosters an active entrepreneurial culture with strong curricular support and through the IITM Incubation Cell.

The institution has been ranked No.1 in the ‘Overall’ Category for the second consecutive year in India Ranking 2020 released by National Institutional Ranking Framework, Ministry of Education, Govt. of India.

The Institute has also been ranked No.1 in the ‘Engineering Institutions’ category in the same Rankings for five consecutive years – 2016, 2017, 2018, 2019 and 2020.

It was also adjudged as the ‘Top innovative Institution’ in the country in Atal Ranking of Institutions on Innovation Achievements (ARIIA) in 2019 and 2020. ARIIA Ranking was launched by the Innovation Cell of Ministry of Education.

The Institute strongly believes that talent and good ideas can come from anywhere and has a remarkably diverse community, drawing students from across all Indian states and from various countries.

Intensely curious and driven to explore, the student community of IITM value rigorous analytical thinking, ingenuity, hands-on problem solving, and big new ideas.

The departments and centers of the Institute are responsible for the academic activities which include Teaching, Research and Industrial Consultancy.