Updated on: Tuesday, February 08, 2011
India's premier educational institution, Indian Institute of Technology-Bombay may soon set up a campus in New York.
The New York City Economic Development Corporation (NYCEDC) has invited IIT-B to submit a proposal to set up a campus in the Big Apple for applied science courses.
A committee at IIT-B is working on possible measures that will be sent to NYCEDC before April.
The host city will make a capital contribution, in addition to possibly providing land and other considerations.
Responding to the invitation of The New York City Economic Development Corporation (NYCEDC) to set up a campus in New York, Devang Khakar, Director, Indian Institute of Technology, Bombay, has said the concept is being explored. "Yes, we may start with something small there. My team is working on a feasibility plan of going to New York."
NYCEDC, which has received responses from a select group of top schools from around the world bidding for the same project, is likely to assess all the expressions of interest in April and later work toward setting up the school in a year.