T.T Jagannathan, chairman of TTK Prestige has contributed Rs 10 Crore to IIT Madras to establish an endowment, which will be used for further research. The interest from the endowment will be used to support new research pursuits by IIT Madras students and faculty.
As a distinguished alumnus of IIT Madras, Jagannathan was part of the 1970 batch of students. He was awarded the Gold medal from IIT Madras for best academic performance in Mechanical Engineering.
In recognition of his achievements and to commemorate his contributions to the business world, IIT Madras announced that an auditorium is being named after Jagannathan.
The ICSR Auditorium is all set to become the hub for the nodal activities of IIT Madras.
Commenting on the occasion, Jagannathan said, “I have the highest regard for my alma mater, where I enjoyed many rewarding years. IIT Madras has established a reputation of being a hub of research and innovation. I am delighted to contribute in a small way to help IIT Madras to further its pursuit of research.”
In 1996, Jagannathan won the ‘Distinguished Alumnus Award’. He is fondly called the ‘Kitchen Mogul’ for his grand success of TTK Prestige cookware and his US patent on the TTK Microwave pressure cooker. Under his leadership, the TTK Group is active in several social and educational fields.
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