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IIT Bombay secures ₹700 crore for R&D in 2023-24, a 22% increase from the previous year.
IIT Bombay has secured a record ₹700 crore for research and development in 2023-24, a 22% increase from the previous year.
This funding comes from both government and private sources, with 35% from private agencies.
The grant supports diverse projects, including the Maharashtra Drone Mission and hydrogen pressure vessel manufacturing.
IIT Bombay ranks among the top 150 global universities and is third in India’s national rankings, reflecting its commitment to technological self-reliance.
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