Indian-origin Britain Steel tycoon Lakshmi Mittal has donated $25 million to the prestigious Harvard University with an aim to increase engagement with South Asian countries, including India. The donation will establish an endowed fund for the South Asia Institute at the university.
In the statement released the university said that the institute spearheads Harvard’s engagement with South Asian countries, including India, Afghanistan, Bangladesh, Bhutan, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka as well as diaspora populations from these countries.
As a result of the funding from the Mittal Foundation, Harvard’s South Asia Institute would be called as Lakshmi Mittal South Asia Institute at Harvard University, it said.
As someone who was born in India, the long-term prosperity of India and its neighbouring countries “matters a great deal to me and my family,” Mittal told Harvard Gazette in an interview.
Harvard President Drew Faust said that International centers like the South Asia Institute at Harvard University serve as a vital conduit between the University and the world we study.
The Harvard university is overwhelmed by the generous gesture of Mittal family.
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