Vardhman Group donates Rs. One crore for the Establishment of advanced Computation Facility to Panjab University to boost Startup Ecosystem
Chairman and MD, Vardhman Group, Sh. Shri Paul Oswal, made a generous donation of Rs. 1 crore to the Alumni Relations corpus under CSR fund. “Panjab University holds a pivotal role in my life, influencing my early years and providing the bedrock for my personal journey. This donation signifies more than a mere financial contribution; it stands as a homage to the institution that has bestowed so much upon me and a pledge to the students who will forge the future of our world,” expressed Sh. Oswal, who has maintained a continuous connection with the University in various capacities over the past many decades.
The contribution has been dedicated to enhancing infrastructure, establishing cutting-edge laboratories and classrooms, with a specific focus on burgeoning fields like Artificial Intelligence. The establishment of this AI Data Centre is poised to be a significant achievement for both Panjab University and the local startup ecosystem. Describing it as the commencement of a transformative era for Panjab University, Vice Chancellor Prof. Renu Vig remarked, “We are immensely pleased to witness the impactful and pioneering contributions of our distinguished alumnus to the institution. This momentous donation will greatly expedite the university’s advancement, firmly positioning it on a trajectory toward global leadership. The outlined plan also envisions a fundraising target of approximately Rs. 50 crores over the next one years.”
