Dubai: A Dubai-based Indian businessman has donated $140,756 to his alma mater NIT Warangal to help set up a state-of-the-art Innovation and Incubation centre.

Sudhakar R. Rao, THE founder and chairman of Gemini Group, made the generous contribution during NIT Warangal’s diamond jubilee celebrations recently, reports Gulf News.

A native of Tamil Nadu, Rao is an alumnus of the institute and pursued his degree in electrical engineering in the batch of 1977-82.

“Innovation, technology and disruption is at the core of every business making in big in today’s world. I am convinced there is an abundance of skill in terms of innovative thinking and technical know-how at NIT Warangal. The challenge is to harness this potential to solve meaningful, real-world problems,” Gulf News quoted Rao as saying.

“With my humble contribution to setup this Innovation and Incubation centre, I urge every student to utilise this unique facility and ecosystem to realize their dreams and create a lasting impact on society,” he added.