Sharad Saraf, an alumnus of IIT Bombay, is now the Chairman of its Board of Governors.

For the first time, an alumnus of the Indian Institute of Technology Bombay, Dr Sharad Kumar Saraf, has become the new Chairperson of the Board of Governors of IIT Bombay, officials said here on Tuesday. Saraf is a distinguished alumnus of the BTech Electrical Engineering 1969 batch, and is the Chairman and Managing Director of Technocraft Industries India Ltd, described as a global leader in the manufacture of high precision and sophisticated drum closures.

Interestingly, he co-founded the company in 1972 with his brother Sudarshan Kumar Saraf, a mechanical engineering passout from IIT Bombay, and is also its co-chairman and managing director. Saraf, who was already on the BoG of IIT Bombay for four years and is also the chairman of the IIT Jammu Board of Governors, will replace Pawan Goenka, who is the chairman of INSPACe, a central government body.

Commenting on his new appointment, Saraf said, “I am very excited about this new responsibility. This is the first time in history that an IIT Bombay alumnus has been appointed as the Chairperson of the BoG and I feel Yes, this is a very bold step by the Ministry of Education.

It listed its three-fold objectives – to improve the quality of education and student life at the IIT Bombay campus, to expand hostel infrastructure or to focus on academics, research work that is relevant and commercially viable. Ho, and especially supporting start-ups. One that is being funded by our alumni.

Director, IIT Bombay, Prof. Subhassis Chaudhary said it is a joyous occasion that a member of the IIT Bombay family is being appointed as its Chairperson, along with his vision of the outgoing Dr. Goenka. Thanks for the inspirational leadership that has guided the institution’s continued success. Saraf has helped in the development of various activities and projects at his alma mater through funding and has served in various capacities in various national and international organizations.

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