Page 14 - Institutional Development Plan (IDP)

Snapshot of Governance Enablers

Build partnerships with international QA networks.
Implement SoPs for all the statutory bodies to ensure accountability.
Launch the ‘Leadership Academy’ to identify and groom VIT leaders.
Develop ‘green governance’ framework to promote energy - efficiency and sustainability.
Leverage AI and ML for predictive analysis dashboards for decision-making.
Enable Block chain-based record keeping for student credentials.
Expert advisory boards to promote innovation, R&D and Entrepreneurship.
Implement AI tools to personalise education.
VIT to earn the recognition as the model University for good governance.
Certification of VIT by ISO 21001 (Educational Organization Management System).

VIT - Chennai Administrative Building

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FINANCIAL ENABLERS AND FUNDING MODELS

VIT's financial strength is driven by diverse revenue streams, strategic partnerships, and prudent
management, fostering academic excellence and global recognition.

Strengths and Achievements

A fully self-financed institution, generating over ₹3000 crores annually primarily from tuition
fees of 54,000+ students and research funds.
Diversified resource allocation with ₹500 crores/year reinvested in infrastructure, maintaining a
debt-free status.
Secured over ₹100 crores for projects in AI, semiconductors, and healthcare from agencies like
ICMR, DST, ICSSR and MEITY.
Investments in modern facilities and campus expansion to over 570 acres.
Global presence with 3,000 international students and 550+ MoUs.
Invested over ₹50 crores in sustainability projects.

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