Indigo co-founder Gangwal's Rs 400 cr IIT Kanpur pledge: Why medical school is key

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The matching grant aims to draw wider donor support for its hospital, cancer centre and interdisciplinary healthcare plans.Advertisement.pagenode__2684512 #comment_box{display:none}.section__education .description.paywall .elec_stripe_iFrame {display: none;}.dark-mode .livetv__sticky svg path{stroke: #fff;} .dark-mode .livetv__sticky svg text{fill:#fff}.tbl-read-more-box {z-index:991 !important}.airtel_5g{width:0px !important;height:0px !important;}table .shopping__widget {display:none}table .inline_ad2 {display: none;}.trinity__container{display: none;} .autiostory a{display: none !important}.description table{max-width:100%;border: 0;margin-bottom: var(--widgetgap);} table tr td #teads-ad{display:none}table tr td .ads__container{display:none}ul>li div#shoppingWidgetLSH{display:none}ul>li div#shoppingWidget_mobile{display:none}.Story_story__content__body__qCd5E .Story_description__fq_4S>ul>li:has(.inline-story-add) div { display: none; }.pagetype__story ul li #checktheseout2{display: none}.newspress_rhs_widget .mframe { background: url(https://akm-img-a-in.tosshub.com/sites/misc/img/iphone-frame.png); }.ads_container .top_ad>* * { text-align: center; margin: 0 auto; }.ite_mg_banner:nth-of-type(2) { display: none; } .pagenode__2672529 .inline_ad2{display:none}India Today Education DeskNew Delhi,UPDATED: Aug 24, 2026 18:50 IST .ai_assist_bar2 { top:30px } IIT Kanpur alumnus and IndiGo co-founder Rakesh Gangwal has committed another Rs 300 crore towards the development of the Gangwal School of Medical Sciences and Technology, taking his total contribution to the project to Rs 400 crore. Gangwal had donated Rs 100 crore to IIT Kanpur in 2022 to support its plans to establish a medical school on campus. His latest commitment comes with a matching-grant component under which he will match contributions from other supporters by up to Rs 300 crore. The move is pointed at involving more alumni, philanthropists and other donors into IIT Kanpur's medical sciences project, which seeks to combine medical education and research with engineering and technology. “It is an honour and a privilege to be part of this innovative and first-of-its-kind medical institution," Gangwal said. The institute's plans include a 500-bed super-speciality hospital on the IIT Kanpur campus and a proposed 200-bed cancer care research centre. The facilities are intended to support medical education, clinical research and healthcare delivery. IIT Kanpur also wants the school to provide a setting where doctors, engineers, researchers and technology experts can work together on areas such as medical technology, diagnostics and clinical innovation. The medical school marks a move beyond IIT Kanpur's traditional focus on engineering and technology. The institute has said it wants to use its existing strengths in research and engineering to address challenges in healthcare. Prof Manindra Agrawal, Director of IIT Kanpur, said Gangwal's first contribution had helped the institute set its medical school plans in motion. “Recognising the potential of interdisciplinary research and innovation in engineering technology and medicine to transform healthcare delivery across India, particularly in Uttar Pradesh, IIT Kanpur ventured into establishing a medical school,” Agrawal said. He said the latest contribution would help the institute move towards realising the project sooner.WHY THE MATCHING GRANT MATTERS Gangwal's latest commitment is not limited to a direct contribution. His offer to match donations of up to Rs 300 crore is intended to encourage other supporters to contribute to the project. For IIT Kanpur, this could expand the pool of funding available for the medical school and its planned healthcare infrastructure. A contribution from another donor could effectively be matched by Gangwal under the scheme, increasing the resources available for the project. The institute is now looking to its alumni, philanthropists and other supporters to participate in the fundraising effort. The initiative also reflects a wider shift among India's leading technical institutions towards healthcare and biomedical research. IITs have increasingly sought to apply their expertise in engineering, artificial intelligence, biotechnology and other fields to medical research and technology. For IIT Kanpur, the Gangwal School is intended to build that connection into the institution itself, bringing medical education and engineering under one ecosystem.- EndsPublished By: Rishab ChauhanPublished On: Aug 24, 2026 18:50 IST Also WatchPregnancy, abortion, alleged cruelty: What happened during Twisha's final days?Health 360: Maharashtra FDA cracks down on surrogate ads, unhealthy dining risksMQ-9 SeaGuardian Lease aircraft system sparks cheap drones vs HALE UAVs debateAdvertisement.ad_300_100 .adtext{display:none;}Read ThisIndigo co-founder Gangwal’s Rs 400 cr IIT Kanpur pledge: Why medical school is keyCongress’s CJP strategy: Keep distance, learn lessons, own the youth agendaHow J&K parties are reading US envoy Sergio Gor’s Kashmir visitAdvertisement window.addEventListener("message", function (event) { if (event.data?.type === "sharelink" && event.data.shareurl) { console.log("Received sharing links and details", event.data.shareurl); window.open(event.data.shareurl, "_blank"); 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