Monday, April 25, 2011

Shiv Nadar Foundation to establish university in Greater Noida

The Shiv Nadar Foundation today said it will establish a university in Greater Noida to offer undergraduate, postgraduate and professional degrees across a number of disciplines. The Uttar Pradesh government has enacted the necessary legislation for the establishment of the Shiv Nadar University in the state, a statement said.

"UP has an extremely progressive approach towards education and we are thankful for the support of the state government which has approved our proposal to establish the Shiv Nadar University," Shiv Nadar Foundation Trustee TSR Subramanian said. Apart from the students it will benefit directly, it will also contribute to the development of the state by enhancing its position as an education hub," Subramanian said.

The Shiv Nadar Foundation has also appointed Nikhil Sinha as the founding Vice-Chancellor of the University. The Shiv Nadar University will commence operations this academic year.

The University will begin its academic programmes with the launch of the School of Engineering this academic year and plans to roll out other schools in the coming years, including schools of business, humanities, natural sciences and social sciences. The University's most significant differentiator will be the strong emphasis on inter-disciplinary research that will cut across all schools, the statement said.

"While India can be justifiably proud of having a robust education infrastructure, it has not uniformly kept in tune with the current Indian and global needs in higher education. The progressive outlook of Uttar Pradesh has enabled us to set up a University with a multidisciplinary and research led character to address many of these issues," HCL Technologies and Shiv Nadar Foundation Chairman Shiv Nadar said.

Last year, HCL Corporation, promoted by Nadar and his family, sold a 2.5 per cent stake in group firm HCL Technologies to raise over Rs. 581 crore (Rs. 5.81 billion), the proceeds of which were to be utilised for the Foundation.

The University is located on a 286 acre campus in Greater Noida and Phase-I of the campus development plan would accommodate 4,000 students. When fully completed, the campus will accommodate 8,000 students, the statement added.

The Foundation has been established by HCL founder Shiv Nadar. It focusses on philanthropic activities in the field of education and had set up the SSN Institutions in 1996. It runs the VidyaGyan schools and is also setting up Shiv Nadar Schools across India.

Source: The Economic Times (Online Edition), April 25, 2011

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