Press Releases

  • Nandan Nilekani addresses TERI University's first convocation

    16 October 2006

    TERI University today held its first convocation, with 8 students receiving their doctoral degrees and 36 conferred with master's degrees. Mr Nandan Nilekani, CEO and MD of Infosys Technologies, delivered the convocation address and Dr R K Pachauri, Chancellor, TERI University, presided over the proceedings.

    Mr Nilekani, in his inaugural address, stressed that India’s growth has to be wide spread so that it creates about 10-14 million jobs a year. At the same time, however, Mr Nilekani said, the growth has to be sustainable: importing oil for 8000-1.6 trillion dollars is proving very expensive for India. He added that the good thing is that India is using its capital better to grow - with a saving rate of 27% and investment rate of 30%, the GDP is 8-8.5%. Stating that the economy of the country could only improve, the CEO of Infosys Technologies said that it was important to understand that it is not business as usual but a unique position that India currently occupies in the world.

    In his Chancellor's address, Dr R K Pachauri, too talked about sustainable development and reiterated that all teaching at the TERI University would support and subserve the objectives of sustainable development comprehensively in every respect.

    The institute attained the status of University just a few days ago on 5 October, 2006. Set-up as the TERI School of Advanced Studies in 1998, the institution was recognized as a deemed university by the University Grants Commission (UGC) in 1999 and subsequently renamed the TERI University today. At present, the University offers Ph D, M Sc (Environmental Studies), M Sc (Natural Resources Management), MA (Public Policy & Sustainable Development) and MBA (Infrastructure) programmes.

    The TERI University has been set up to meet the needs of higher education of a rapidly developing nation; but, as a global institution, while it draws strength from the ethos and traditions of India, it reaches out in sourcing knowledge from across the globe. It's major strength lie in the reservoir of knowledge, experience, and research experience of the parent body TERI. The academic programmes of the University have been structured around the research experience and skill sets gained in TERI over the last three decades.

    Having begun with doctoral programmes in 2001, it has gone on to offer various master's degrees since 2003. The doctoral programmes and research center around four basic themes: natural resources management, biotechnology, policy & regulation, and energy & environment.

    In order to facilitate a mutually beneficial exchange of students, faculty, knowledge, resources, and ideas, TERI University has a memorandum of understanding with the School of Forestry and Environmental Studies of the Yale University; with Monash University and La Trobe University, Australia; Donald Danforth Plant Science Centre, USA; and the University of Nottingham, UK.