Mr. Amarjit Bakshi, an alumnus of 1967 batch of IIT Delhi, has donated Rs one crore to the Institute. He has also committed a total sum of Rs ten crores to be paid annually at the rate of Rs one crore every year.

"This is just a beginning. I hope all alumni will come forward and give back in whatever way they can. We should collectively endeavour to make IIT Delhi financially self-sustainable by 2021," Mr. Bakshi says.

After studying civil engineering from IIT Delhi he worked for an English company for four years before foraying into entrepreneurship. He has over the years used his skills to establish himself in various fields including highway and airport construction, automotive industry including manufacturing of three-wheelers, road cleaning equipments, real estate sector, construction and owning large five-star hotels besides other enterprises.

He is the founder of Central Park real estate company, Continental Engines, Vege group of companies in Europe and Baxy Motors.

"I am indebted to the institute," sums up Mr. Bakshi when asked on the reason behind his philanthropy.