Anil Agarwal of Vedanta
Posted by g.e. on July 22, 2006
I always wished to see western-scale university-s proping up in India everywhere.
I was particularly expecting that Ambanis or any of the titans (see Note below) who made it big in the US to come up with something decent on these lines.
And now am thrilled to see the grand designs that Mr Anil Agarwal has unveiled for his Vendanta University in Orissa.
As noted in FT:
Anil Agarwal, founder and executive chairman of mining group Vedanta, has donated $1bn from a personal fortune estimated at $3.5bn to set up a university in India – the biggest donation for a single teaching institute.
I hope this marks the beginning of a very decent trend, given that the biggest chunk of labour pool is expected to emerge in India and so on.
In his own words:
“What is money for if not to be made and given back to society,” he told the Financial Times, as he described his “vision” of a university modelled on the likes of Harvard, Oxford and Stanford.
I hope that is a strong enough a message for the Mittals’ and Azim Premji’s of India.
Particularly Guru Deshpande, Suhas Patel, Ram Shriram, Vinod Khosla, K B Chandrasekhar and others.