Chennai, 26th April, 2016:IIT Madras, today, launched an
"Institute Chair" in the institute's Department of Mechanical Engineering. The Chair is established in the name of Mr Venkataratnam Balaraman. Balaraman, who is also the Chairman of Computer Age Management Services (CAMS), is
a manager par excellence with a long and distinguished career as MD of Pond's India Limited and thereafter as Director of Hindustan Unilever Limited. The most notable of his achievements is the large number of protégés who worked
under him, absorbed his value systems, and went on to occupy positions of high leadership in India and abroad.The Chair is endowed by one such protégé, an '81 alumnus of IIT Madras, in recognition of the signature contributions
made by both IITM and by Balaraman to society.
Prof R Nagarajan, Dean of International & Alumni Relations at IIT Madras, welcomed the establishment of the Chair and stated, "This is another sign of the
continuing support that IIT Madras enjoys from our alumni. They contribute time, talent and treasure, and we value them all equally. By recognizing a management guru, IIT Madras is also indicating that it is always ready to honour
achievers beyond pure academicians" according to an official release.
Mr. VBalaraman, expressed his pleasure at the association and said,"I am proud of this new association with IIT Madras from where both my sons
have graduated, where some of my friends and relatives have been teachers /students and where I have worked as part of the team to set new curriculum in the past. IIT Madras is a global exemplar in the fields of
education,research, technology and engineering!"
Prof. N. Ramesh Babu, a faculty member from the department of Mechanical Engineering, IIT Madras, will be the occupant of this chair. He has been involved in research
& development work in the manufacturing domain with a specific focus on the development of advanced and precision machine tools. His interaction with industries, both national and international, made it possible to carry out
translational research from laboratory level to floor level. This chair professorship will encourage him to pursue his translational research more vigorously.
The Board of Governors of IIT Madras have created
"Institute Chair Professorships", to be occupied by IIT Madras professors who have distinguished themselves and have been recognized by their peers for their research and/or technology development, and who have excelled
in teaching and service to the Institute/ nation/ profession. The Chair has a term of 5 years, and is renewable, provided performance level has been maintained. Institute Chairs are expected to play a lead role in enabling IIT
Madras to meet its strategic objectives, as documented in "Strategic Plan 2020".
Indian Institute of Technology Madras (IITM) was established in 1959 by the Government of India as an institute of national importance. The activities of the
Institute in various fields of Technology and Science are carried out in 16 academic departments and several advanced interdisciplinary Research Academic Centres. There are over 100 well-equipped laboratories in the Institute for
teaching and research. The Institute offers undergraduate and post - graduate programmes leading to the B.Tech., M.Sc., M.B.A., M.Tech., M.S., and Ph.D., degrees in a variety of specialisations. IITM is recognized world-wide for
its intellectual leadership and ongoing innovation across every major discipline of engineering and pure science. IITM is a residential institute with more than 550 faculty and 9000 students. Students from 18 countries are enrolled
here. The campus is self-contained and is located on a beautiful wooded area of about 250 hectares. It is home to approximately 300 species of trees and plants. IITM fosters an active entrepreneurial culture with strong curricular
support and through the IITM Incubation Cell (www.incubation.iitm.ac.in).
IITM has been ranked #1 amongst research and teching institutions in Engineering in the India Rankings 2016 released by The National Institutional Ranking Framework, Ministry of
Human Resources Development, Govt. of India - https://www.nirfindia.org/engg
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