Punjab CM Inaugurates Plaksha University To Pioneer Transformation Of Technology Education In India - GADGETS & INNOVATIONS


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Monday, February 18, 2019

Punjab CM Inaugurates Plaksha University To Pioneer Transformation Of Technology Education In India

• Collective inspiration of over 40 first generation entrepreneurs and business leaders

•  Planned investment of INR 2000 Cr. over 15 years

• Academic Advisory Board comprises global engineering institute leaders

• First academic program to be launched in 2019 in partnership with UC Berkeley

Inaugurating India’s first next-generation engineering university in the country, Hon’ble Chief Minister of Punjab, Captain Amarinder Singh, today, laid the foundation stone of Plaksha University’s 50-acre campus in Mohali. Plaksha University is founded on the collective vision of over forty technology entrepreneurs and industry leaders across five countries. Their vision is to build a Next Generation University at the intersection of technology, science and humanities to transform the world in the 21st Century.

Speaking at the inauguration, the Hon’ble Chief Minister of Punjab, Captain Amarinder Singh, said, “India is at a cusp of a technology revolution and there is dire need to support initiatives that nurture a new generation of technologist who will have the knowledge, skill and the temperament to harvest the benefits of accelerated technology to leapfrog India in its journey to becoming a global superpower.” He further added, “Successful innovation-driven ecosystems are built around great universities, such as Stanford in the Silicon Valley, MIT in Boston, Technion in Israel. We are excited at the prospect of Plaksha replicating the same in Mohali and my government is committed to its success.”

The vision of the founders is being guided by an Academic Advisory Board, which includes pre-eminent academic leaders at MIT, Princeton University, UC Berkeley, University of Michigan, Purdue University, Harvard Business School and IIT Delhi. Dr. S. Shankar Sastry, former Dean of Engineering, UC Berkeley and Founding Academic Advisory Board member says, “It is a time of change in higher education and this effort cannot come at a better time. Plaksha is truly reimagining higher education. In successful institutions globally, it is very hard to make big changes. Having a clean slate opportunity is an opportunity of a lifetime.”

With a state-of-the-art campus being designed by American architect, Aaron Schwarz, Plaksha University’s 50-acre campus is expected to be live in 2021 coinciding with the commencement of its first undergraduate programme. The project involves an investment of Rs. 2000 Crores over 15 years catering to a thousand students in Phase 1 with plans to expand to 8,000 students by 2035.

Founding Group members comprise business leaders from India, US, UK, Singapore and Hong Kong including Boston Consulting Group Asia Chairman Neeraj Aggarwal, Genpact Founder Pramod Bhasin, Warburg Pincus Special Limited Partner Dalip Pathak, Jamboree Education MD Vineet Gupta, former Evalueserve COO Ashish Gupta, InfoEdge (naukri.com) Co-Founder and CEO Hitesh Oberoi, Royal Bank of Scotland Human Resources MD Anuranjita Kumar, Singapore based Mission Holdings Chairman Saurabh Mittal, Vivtera Co-Founder & Managing Partner Mohit Thukral, Nagarro CEO ManasFuloria, Mphasis CEO Nitin Rakesh and Clix Capital Director Anil Chawla. 

The founders also include Chandigarh based entrepreneurs Pranav Gupta, Karan Gilhotra and RoundGlass CEO Sunny Singh.

The first academic program, the “Plaksha Tech Leaders Fellowship” in partnership with UC Berkeley will be launched in 2019 with undergraduate programme scheduled to commence in 2021. The University will also soon establish research centers to address some of the big challenges that India faces in urban mobility, sustainability, digital agriculture, factories of the future, health and education. 

Mohali, Punjab, India

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