Updated on: Friday, February 03, 2012
IIT Bombay and Wadhwani Foundation inaugurated the Wadhwani Research Centre in Biosciences and Bioengineering (WRCBB) recently. Romesh Wadhwani, chairman, Wadhwani Foundation and founder, Symphony Technology Group, Kathy Wadhwani and Devang Khakhar, director, IIT Bombay inaugurated the Centre by unveiling the ceremonial plaque at IIT Bombay. Ajay Kela, president and CEO, Wadhwani Foundation and an alumnus of IIT-Bombay was also present on the occasion.
Speaking on the occasion, Khakhar, said, “WRCBB was envisioned with the objective to set new standards for world-class research with high global impact. It intends to have top-class faculty conduct cutting-edge research using the latest in emerging technologies with the sole purpose of changing lives for the better all over the world.”
Stressing on the need for quality research in India, Wadhwani said, “India should not just be known as a country which can provide low cost labour and services. We need to produce work which should make an impact. Our work should be of such high standard that top universities abroad should come knocking on our doors. We have that potential and we need to channelise it in the right direction.”
The faculty of Department of Biosciences and Bioengineering will be affiliated to WRCBB and focus on research. The centre is part of the MoU signed in 2008. Wadhwani had announced a gift of $5 million to his alma mater at a conference held in New York in 2008. WRCBB has chosen to focus on understanding cell motility and cancer invasion as its research area. The goal is to build a better knowledge base in this field.