IndiGo co-founder Rakesh Gangwal donates additional ₹300 crore for medical school at IIT Kanpur

IIT Kanpur alumnus and IndiGo co-founder Rakesh Gangwal has committed an additional ₹300 crore towards the development of the Gangwal School of Medical Sciences and Technology at IIT Kanpur.

The contribution follows his earlier donation of ₹100 crore in 2022, which supported the institute’s initial plans to establish a medical school on its campus. Under the latest commitment, Gangwal will provide matching grants of up to ₹300 crore against contributions from other donors to support the School’s development.

The project envisages a 500-bed super-speciality hospital on the IIT Kanpur campus, along with a proposed 200-bed cancer care and research centre. These facilities are expected to strengthen medical education, clinical research and healthcare delivery, while fostering collaboration among doctors, researchers, engineers and technology experts to address emerging healthcare challenge, IIT said.

“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,” IIT Kanpur Director Prof. Manindra Agrawal said.

He noted that Gangwal’s initial ₹100 crore contribution in 2022 helped set the plans in motion and that the additional ₹300 crore would accelerate the realisation of the Institute’s vision.

Prof. Anil K. Lalwani, Dean of the Gangwal School of Medical Sciences and Technology, said the School’s vision of bringing medicine, technology and innovation together could have an impact well beyond the IIT Kanpur campus.

Gangwal said he was honoured and privileged to be associated with the innovative, first-of-its-kind medical institution.