IIT Kanpur’s Gangwal School of Medical Sciences and Technology gets Rs 300 Cr funding boost

August 24, 2026 | Monday | News

For advancing interdisciplinary research, MedTech innovation, and healthcare infrastructure

Marking another significant milestone in his association with his alma mater, Indian Institute of Technology (IIT) Kanpur’s Distinguished Alumnus and Co-Founder of IndiGo, Rakesh Gangwal, commits an additional Rs 300 crore towards the continued development of the Gangwal School of Medical Sciences and Technology at IIT Kanpur.

This builds on his landmark contribution of Rs 100 crore in 2022, which supported the Institute’s plans to establish a medical school on campus, taking his cumulative contribution towards the Gangwal School to Rs 400 crore.

With this commitment, Gangwal will provide matching grants against contributions from other supporters, of up to Rs 300 crore, towards the development of the School. The initiative aims to encourage broader support from alumni, philanthropists, and other well-wishers for IIT Kanpur’s vision of advancing medical education, research, clinical innovation, and MedTech ambitions.

The School’s development plans also include a 500-bed super-speciality hospital on the IIT Kanpur campus, along with a proposed 200-bed cancer care research centre. The facilities are envisioned to support medical education, clinical research and healthcare delivery, while creating opportunities for doctors, researchers, engineers and technology experts to work together on emerging healthcare challenges.

 

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