The Tata Group announced a partnership with the Indian Institute of Science (IISc) to establish the Tata IISc Medical School in the IISc Bengaluru campus.
Under an MoU signed , the Tata Group will make a contribution of Rs 500 crore to support the establishment of the medical school.
The Tata IISc Medical School will be a centre of excellence that seeks to catalyse a unique model of clinical research and medical education in India, by bringing basic science and engineering to bear on clinical science and practice. It will focus on a variety of specialities including oncology, cardiology, neurology, nephrology, diabetes and metabolic disorders, infectious diseases, integrative medicine, and public health.
The Tata IISc Medical School will offer integrated MD-PhD and other dual degree programmes to create a new cadre of physician-scientists and medical technologists. These students will be trained simultaneously in the medical school as well as science and engineering labs at IISc, combining cutting-edge clinical practice with scientific research. The medical school seeks to establish a unique model of clinical research and training that can be emulated nationwide. It will also collaborate with renowned medical schools from across the world to enable students to acquire global expertise, knowledge and practices.
On this occasion, Mr N Chandrasekaran, Chairman, Tata Sons said: “Healthcare is one of India’s biggest challenges and also one of its greatest opportunities, given the scale at which technology will be able to transform everything from diagnosis to care and community health. We are pleased to announce the establishment of the Tata IISc Medical School. In time, the institute’s emphasis on cutting-edge research and global collaboration will create a highly qualified cadre of physician-scientists trained in the latest approaches to modern medicine. Their effect will be felt across the spectrum of healthcare, and will help individuals access quality treatment. I believe that the Tata IISc Medical School will play a significant role in keeping our communities healthy and positioning India at the forefront of the global healthcare revolution.”
“We are very grateful to the Tata Group for their generosity,” said Prof G Rangarajan, Director, IISc. “After a century of contributions to science and engineering, we now have a unique opportunity to create new frontiers in medicine. The Tatas and IISc have a century-old legacy of commitment to excellence. The Institute owes its existence to the munificence and far-sighted vision of Jamsetji Nusserwanji Tata, who was unparalleled in his philanthropy towards education in India. We are firmly committed to carrying forward this legacy and breaking new ground in creating affordable healthcare solutions for India and the rest of the world.”
About Tata Sons
Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. These companies collectively employ over 1 million people.
Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.
About IISc
The Indian Institute of Science (IISc) was established in 1909 by a visionary partnership between the industrialist Jamsetji Nusserwanji Tata, the Mysore royal family and the Government of India. Over the last 115 years, IISc has become India’s premier institute for advanced scientific and technological research and education. Its mandate is “to provide for advanced instruction and to conduct original investigations in all branches of knowledge as are likely to promote the material and industrial welfare of India.” In 2018, IISc was selected as an Institution of Eminence (IoE) by the Government of India, and it consistently figures among the top Indian institutions in world university rankings.
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