A 1983-batch alumnus of
IIM Ahmedabad recently decided to donate Rs 3.50 crore to his alma mater for refurbishing work under the campus
renovation and conservation plan of the institute.
The alumnus,
Sukumar Srinivas, managing director of
Shankara Building Products Limited, contributed to refurbish Dorm-18 in which he lived in the second year of his postgraduate programme.
The donation by Srinivas is one of the biggest donations given to the city-based institute by an alumnus in individual capacity.
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"Looking at the condition of dorms, I thought that the institute has to really grow to live up to its reputation. It really needs to catch up to international standard. So, I took it up that I would become the sponsor of Dorm-18 where I had stayed in my second year of campus life," he added.