The institute has initiatives and socially relevant projects for 2024, the Director said while announcing the targets for the year and also added that the new initiatives seek to benefit the nation. 

“We are looking at closing this financial year (31st March 2024) with 366 patents. We will try our best to see one patent a day,” he added.

The director said: “We are also seeing a lot of interesting technologies coming up through Hyperloop start-up, ePlane, Agnikul Cosmos and Mindgrove Technologies, all of which are IIT Madras-incubated start-ups. These start-ups will deliver products, which will be of great national importance.”

Recognised as one of the top deep-tech start-up ecosystems in India, the IIT Madras Incubation Cell (IITMIC) is the institute’s umbrella body for nurturing, supporting and overseeing various innovation and entrepreneurship projects, an official statement said.

Further, Professor V Kamakoti said, “We are also working very hard towards maintaining the number 1 ranking in NIRF (National Institutional Ranking Framework). Hopefully, we are also looking to move to higher rankings in World Rankings as well. We want to start a couple of new courses in IITM Zanzibar.”

Saying that the institute saw a lot of ambitions realised during 2023, the director added: “In the past year, we took up several important projects including IIT Madras Zanzibar Campus, which became the first-ever IIT to be established overseas, launched a Department of Medical Sciences and Technology, and are aspiring to do many more things in this direction.”