The centre has been set up to develop new technologies and products in the Forbes Marshall domain of Steam and Instrumentation. The inauguration was preceded by a half-day session with the Director of IIT Madras Dr. Bhaskar Ramamurthy, Dean ICSR Dr. Krishnan Balasubramaniam and key faculty members Dr. Kolar, Dr Reddy, Dr. Mahesh and others.

Dr. Naushad Forbes said “Our company works closely with Research Institutes and this collaboration with IIT Madras has great potential for combining the Institute’s academics with Forbes Marshall’s application and industrial knowledge, to develop innovative and cutting edge technologies that will change the way process plants generate and use energy and control their processes.”

The IIT Madras Research Park is modelled along the lines of successful research parks at Stanford and MIT and has a larger agenda that focuses not just on incubation efforts but also on propelling successful innovation in established R&D focused companies. IIT Madras Research Park facilitates a collaborative relationship between Industry and IIT Madras. It connects industry personnel to the “innovation inputs” of knowledge and acts as a catalyst for radical, high-tech development.

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A 400-acre plot was owned by Ambani and Anand Jain near Ulwe in Navi Mumbai. They had acquired this land to develop a Special Economic Zone (SEZ). Recently, the state’s industrial policy was revised, due to which this land has been “unlocked”. Now, the land can be put to any other use. The original plan to build a SEZ was scrapped because the land was under the “flying zone” of the proposed Navi Mumbai International Airport. It is not permitted under the aviation rule to build sky-scrapers in such zones. So, it was decided to build an international education hub on the land. Earlier, Ambani had announced about his plans to set up a “world-class, multi disciplinary university” in Maharashtra in the annual general meeting in 2011.

“The education will be innovative and students will have wide scope to conduct research on anything that interests them. The campus will have state-of-the-art facilities,” said a source. Nita Ambani, wife of Mukesh Ambani, is actively monitoring the development of this project. Nita has been actively involved in education projects and she wants this proposed education hub to be a prominent centre among world universities. It will offer a comprehensive, all -round education -from kindergarten to research.

According to the initial plans, the education hub will be autonomous. A senior executive working with Reliance said, “We will bring western and eastern culture and talent together. We will offer courses in science, arts and professional streams.”

This is the second education initiative by Mukesh Ambani, as previously RIL had signed a pact with Gujarat government to develop Gandhinagar-based, Pandit Deendayal Petroleum University into a top world class institute.

“In the last few years Reliance has been associated with Pandit Deendayal Petroleum University and today the company has signed a MoU and has envisaged to develop this university into a premium world class university,” said Ambani on the pact.

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