IIT Madras endows Venkataramani fellowship in clean energy and green mobility

NEW DELHI: Indian Institute of Technology (IIT), Madras has endowed Venkataramani fellowship in clean energy and green mobility to encourage and motivate 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 N Venkataramani, the Chairman and Managing Director of India Pistons and fellow of The Institute of Mechanical Engineers.

“This fellowship will provide a monthly scholarship to the two graduate students of the MSc, MS, MTech and PhD programs for two years consecutively,” a statement from IIT Madras said.

An agreement towards setting up the endowment was signed on August 4 by Mahesh Panchagnula, Dean (alumni and corporate relations), IIT Madras, and Sita Venkataramani on behalf of Amalgamations Inc and the Venkataramani family, in the presence of Bhaskar Ramamurthi, director of IIT Madras and others, the statement added.

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Bhaskar Ramamurthi, director of IIT Madras, said: “IIT Madras 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.”

Remembering Venkataramani’s contributions, Sita Venkataramani said: “This fellowship established at IIT Madras reflects the passion that Venktaramani had during his professional life in encouraging young engineers to further their knowledge in areas that are important to society.”

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