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Financial Express Article: Food Cafe: ‘Batteries Are The New Oil’, IIT Madras Director Bhaskar Ramamurthy Explains How India Needs To Catch Missed Buses In Technology

By November 19, 2018May 12th, 2021No Comments

The director of IIT Madras—which is entering the diamond jubilee year—shares with Sushila Ravindranath that, in this era of GST, it is easy to figure out where the value-added lies, and anything that is value-added should be made in India. He explains how, towards that, the IITs can contribute.

The Indian Institute of Technology (IIT) Madras is entering its 60th year. It has been ranked the top among the engineering institutes in India for three consecutive years by the National Institutional Ranking Framework (NIRF). Bhaskar Ramamurthi, the director of IIT Madras, says, “We have taken great strides since our golden jubilee in 2008 in every parameter by which one may choose to measure our institute’s growth and performance. As we enter the diamond jubilee year, we are confident that we will accelerate even further and scale newer heights in research, teaching and innovation.”
IIT Madras is a founding member of the open source foundation RISC-V. This is the first ‘RISC-V Microprocessor’ to be completely designed and made in India. Prof Ramamurthi adds: “We now get exposure to the global ecosystem and that opens up a lot of possibilities. We have to have a proper strategy. We have to figure out how to add value in India. We have to do what South Korea did with DRAM (dynamic random-access memory) chips.”
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