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Every IIT-ian has created 100 jobs: Survey
A Correspondent in Mumbai
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December 11, 2008

An Indian Institute of Technology survey says every IIT-ian has created 100 jobs and that every rupee spent on an IIT-ian has 'created an economic impact of Rs 50 at the global level, half of which is India's share'.

The study is a global Internet-based survey that attempts to map the impact of IIT-ians on the global economy across areas like entrepreneurship, scientific and technological achievement, social transformation, research, educational and leadership.

The survey takes stock of the contribution made by IIT-ians over the last half a century across professions and geographies, and to create a fact-base for mobilising IITs and IIT-ians to find out how they can do even more.

The impact study was launched on September 22 and more than 4,500 IIT alumni have participated in it, providing a robust sample from which to draw preliminary conclusions.

Contrary to the belief that IIT-ians triggered off brain drain in India, the data from the survey reveals the following:

The IIT Alumni Impact Study 2008 was conducted by Pan-IIT, the umbrella organisation of the Indian Institutes of Technology, in conjunction with India Brand Equity Fund and Zinnov Management Consulting.

It will be released at the Pan-IIT 2008 Global Conference to be held at IIT-Madras between December 19 and 21.

The conference will see 3,000 IIT alumni and 200 delegates converging for the mega event at IIT-Madras.

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