Mukesh Ambani ICT endowment.

On June 6, 2025, Mukesh Ambani, Chairman and Managing Director of Reliance Industries, announced a ₹151 crore endowment to his alma mater, the Institute of Chemical Technology (ICT) in Mumbai. This contribution, the largest in the institute’s history, was made during an event commemorating the launch of Professor Man Mohan Sharma’s biography, The Divine Scientist .

Ambani described the donation as a gesture of “Guru Dakshina,” honoring the profound influence of Prof. Sharma on his life and career. He recounted choosing ICT (formerly known as UDCT) over IIT-Bombay, a decision solidified after attending Prof. Sharma’s first lecture. Ambani praised Sharma as an “alchemist of minds,” attributing his own intellectual and professional development to the professor’s mentorship .

The ₹151 crore grant is intended to support ICT’s research, development, and technological advancements. Ambani emphasized that this contribution aligns with Prof. Sharma’s vision for the institute’s growth and excellence .

This philanthropic act underscores Ambani’s commitment to education and his enduring gratitude towards those who have shaped his journey.

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