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IIT-Kharagpur - the biggest money spinner

Submitted by Karthik on 18 April, 2004 - 23:48

The Economic Times is running a story on the financial earnings of the IITs' research labs. Surprisingly, it's been IIT-Kharagpur who've topped the list, ahead of IIT-Delhi and Mumbai.

In the financial year 2003-04, the institute has been able to earn a whopping Rs 90 crores from research projects and industrial consultation, more than double of what IIT Powai and IIT Delhi, its nearest competitors could do.

Profits were up from Rs.58 crore last year.