It is great to know that one of our alumnus,
Ramesh Yadav, is investing Rs.100 crore in Bihar. He is 1971 Electrical
Engg alumnus of BIT Sindri and as per our alumni register, he is
Director of Fidelica Microsystems in California. (Our record may be out
of date, we don't know). If any one of you can convince him that BIT
Sindri also needs support of eminent people like him, it will be a great
service to the Alma Mater.
A team of experts of National Board of Accreditation is visiting BIT
Sindri today to assess the standard of teaching. Each department will be
assessed individually and then the Certificate of Accreditation will be
issued. While the Gobal Meet in Patna is underway from 19-21 Jan, NBA
team will make rigorous assessment of BIT Depts simultaneously through
19th to 21st Jan. With over 45 new teachers appointed recently in BIT
and huge infrastructure, it is hoped BIT will come out successful on NBA
standards. Once accredited, any controversy about BIT's standard will be
set to rest.
Son of soil on Mission Bihar
Telegraph, January 19, 2007
Patna, Jan. 18
In 1986, the “termite-infested” statue of Rajendra Prasad at Sadakat Ashram here deeply hurt Ramesh Yadav. He returned to California with a “heavy heart, resolving to do something for Bihar.
The NRI from Bihar has visited the state every year since then looking for the right opportunity to invest. Come Saturday, the BIT Sindri passout (year of 1971) and IT entrepreneur would formally announce a Rs 100-crore venture on the second day of the global meet that starts here tomorrow.
In an interview with The Telegraph, Yadav, in his early 50s, said: “It’s time to realise President A.P.J. Abdul Kalam’s vision for Bihar.”
Yadav, who also attended the 1995 meet in Patna, said: “There was some political will even then but bureaucrats did not give investment the push it needed.”
2007, however, is a different proposition.
Signet Hotels has partnered with Yadav to open hotels in Patna, Rajgir and Bodh Gaya.
“Cash will stay and grow in the state now”, said Yadav, hoping to invest in the IT sector as well.
Giving an NRI’s view of the “changing Bihar”, Yadav said the efforts of the media and a Bihar-specific portal, Bihartimes.com, have paved the way for people investing in the state.
He said: “Nitish Kumar has brought back the focus and activated the bureaucracy. Most NRIs returning from the state now talk about the positives.”
Yadav, who shifted to Silicon Valley in 1973, started his company Omek in 1981 and raised another company, Comoport, in 1981. He is also part of the American Organisers for Development of Bihar, which has 200 non-resident Biharis as its members. It promotes hygiene, education and has held several eye camps in Bihar over the past 10 years. He said: “We will hold an economic reforms conference in April.”