The Indian Institute of Technology - Kharagpur is coming out with a scheme allowing students to use their hotel rooms as entrepreneurship offices. The project would enable the students to set up the offices at a low expense, IIT - Kharagpur Director P.P. Chakrabarti said on Saturday at the institute’s 63rd annual convocation.
“We are coming up with a scheme where students can convert their hostel rooms into entrepreneurship offices at a much lower expense instead of taking rooms in STEP (Science and Technology Entrepreneurs Park),” Chakrabarti said.
To raise the institute’s global standing, the director also said that IIT Kharagpur plans to have at least 10 percent of faculty from foreign universities in five years' time.
The two-day convocation of Indian Institute of Technology Kharagpur began on Saturday.
Degrees would be awarded to more than 2500 students in the 63rd edition of the convocation, an IIT-KGP statement said.