Friday, June 23, 2006

Industrial strength universities

First it was Anil Agarwal (of Sterlite Industries Vedanta Resources):

Vedanta Resources has submitted a proposal to the Orissa government to set up a world-class university in the state at an investment of $1 billion.

Anil Agarwal,executive chairman of Vedanta group, on Thursday met Orissa chief minister Naveen Patnaik and his team of officials at the state secretariat and made a presentation on the blue-print of the proposed university - pegged as a world class institution on the lines of Harvard, Stanford and Oxford universities.

Agarwal said the autonomous university would start with 25,000 students and sought 5,000 acres of land near Chilka lake for the project.

A related report is here.

That was several months ago. Now, it's Mukesh Ambani's turn to propose setting up a mega university in Gujarat.

... Mukesh Ambani is planning to unleash another magnum opus. This time it will be a mega-university, which will produce 10,000 grads every year.

The one-of-its-kind ‘world-class’ university is proposed to be set up in the stretch between Ahmedabad and Gandhinagar.

Sources said that Ambani senior is busy giving finishing touches to the project. A team of Reliance executives is expected to meet Gujarat education department officials on Friday to discuss the matter. [...]

Gujarat already has two private universities with UGC recognition, and both were started by industrial houses: Reliance and Nirma. These are the Dhirubhai Ambani Institute of Information & Communication Technology and Nirma University of Science and Technology.


  1. Anonymous said...

    Sounds like great news, guess its an appropriate time to create a real Indian university.

  2. Anonymous said...

    Well, I would bet on Reliance to come up with a world class university. Big is beautiful for them - I admire those fellas.

    1 Reliance universities, 10000 graduates and a captive talent mine for them! Smart! Infy has a training center, but only for graduates. Reliance is taking that a step further.

  3. Abi said...

    Abhinav, Neelakantan: I am with you in seeing this as a great development. I only wish for an enabling regulatory environment that allows universities to be set up in the private sector (with stringent disclosure norms). Looks like Reliance will be the first to set up and run a private sector university that graduates 10,000 students a year.