July 20, 2006

Anil Agarwal donates $1 billion to set up university

Anil Agarwal, chairman, Vedanta Resources Plc, is keen to establish a world class, multi-disciplinary university in India, with a vision to developing India's education and research infrastructure.

To be established with an endowment of up to $1 billion, Vedanta University will be of the calibre of institutes like Harvard, Stanford and Oxford, a Vedanta media statement said on Thursday.

Based on a 'not-for-profit' philosophy, the university will strive to impart world-class education and drive a cutting-edge research agenda, with an envisaged student population of more than 100,000 in the long term.

The university will also aim to nurture all-round excellence, beyond the academic dimension, to produce tomorrow's Nobel Laureates, Olympic champions and community leaders.


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