Chairman of Governing Board of IIT Madras Pawan Goenka has reportedly said that they will be hiring 100 foreign nationals as its faculty in the next three years. As a beginning, the institute is planning to hire 25 foreign nationals as faculties. Pawan also added that Rs 750 crore has been sanctioned for IIT Madras as its budget for the next fiscal from the union government. IIT hopes that the foreign faculties would bring in diverse ideas since not all nationalities think alike.