IIT-Bombay receives 35 pc funding for research from external sources

IIT Bombay/ File Photo/Sameer Markande

Funding for research activities at the Indian Institute of Technology Bombay (IIT-B) from external sources has shown an upward graph (by 22 per cent) in the past three academic years. The Institute, known for its cutting-edge research across various disciplines, has seen an impressive rise in funding over the last three years, supporting projects in science, engineering, management, and social sciences. A total of 35 per cent of funding is from non-government sources.

Indian Institute of Technology Bombay (IIT Bombay) continues to push the boundaries of research and development, receiving substantial extramural funding that aligns with India's national goals of technological self-reliance.

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The latest figures shared reveal that IIT Bombay secured Rs 700 crore in research and development (R&D) funding for the 2023-24 academic year, a significant increase from Rs. 576 crore in 2022-23 and Rs. 502 crore in 2021-22. This funding surge has empowered the Institute to establish multidisciplinary research centres, tackling complex societal and industrial challenges through innovative solutions.

With projects ranging from short-term consulting to long-term sponsored research, IIT Bombay's faculty and students continue to produce impactful work that not only benefits industry and government sectors but also generates new knowledge to position India as a global leader in technology and innovation. The duration of these R&D projects typically spans 2-5 years, covering a wide array of fields from engineering and science to design and the humanities.

The exponential growth in research funding has propelled IIT Bombay into the league of world-class institutions, further cementing its reputation for academic excellence and technological innovation.

R&D Funding at IIT Bombay Over the last three years

Some Major projects

Hydrogen pressure vessel manufacturing using Textile-based composites TeCoPV India: The Ministry of Textiles has funded this project. The project will establish a platform for indigenous, cost-effective, and safe gaseous hydrogen storage potential, risk assessment and life cycle analysis.

Maharashtra Drone Mission: The Technical Education Department (Government of Maharashtra) has funded a project with an outlay of Rs. 151.8 crores (over 5 years) to foster indigenous technology development and establish Maharashtra as a global leader in drone technology.