Mukesh Ambani donates Rs 151 crore to his alma mater ICT

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Friday (June 6) introduced an unconditional grant of Rs 151 crore to the Institute of Chemical Know-how (ICT), his alma mater from the Nineteen Seventies.

The Reliance chairman spent over three hours at Mumbai-based ICT – previously the College Division of Chemical Know-how (UDCT) – throughout a perform to launch Professor MM Sharma’s biography, ‘Divine Scientist’.

He reminisced about his first lecture at UDCT by Professor Sharma, which significantly impressed him.

“I realised he’s an alchemist, not of metals, however minds: he has the facility to rework curiosity into data, data into business worth, and each data and business worth into eternal knowledge,” he mentioned.

He highlighted how Professor Sharma quietly influenced India’s financial reforms by convincing policymakers that the important thing to India’s progress was liberating the trade from the license-permit-raj. This is able to allow Indian corporations to scale up, cut back import dependence, and compete globally.

“Like my father, Dhirubhai Ambani, he had a burning need to rework Indian trade from shortage to international management,” mentioned Ambani. He added, “These two visionary leaders believed that science and know-how, mixed with personal entrepreneurship, would result in prosperity.”

Acknowledging Professor Sharma’s contributions to the rise of the Indian chemical trade, Ambani referred to him as ‘a Rashtra Guru – a Guru of Bharat’.

Whereas discussing ‘Guru Dakshina’, Ambani introduced the unconditional grant of Rs 151 crore to ICT, following Professor Sharma’s steering.

“When he tells us one thing, we simply pay attention. We don’t assume. He instructed me, ‘Mukesh, you need to do one thing massive for ICT,’ and I’m very happy to announce this grant for Professor Sharma,” mentioned the Reliance chairman.