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They probably spent four-five years or may be two more to complete their post graduation programme in PSG College of Technology. But the alumni of this institution, founded in 1951 by PSG & Sons Charities Trust, have come together after all these years to give back much more to their alma mater, as the institution enters its diamond jubilee year in 2011-12.
“We have decided to contribute Rs 10 crore as corpus for strengthening this institution,” says the President of PSG Tech Alumni Association Mr Ranganathan.
That's not all. The association has decided to organise a Technology and Engineering Exhibition – ‘TechEx 2011' – between November 25 and 27 at the Codissia Trade Fair Complex here.
“The successful entrepreneurs of PSG Tech would display their products and services during this three-day event. We are expecting around 500 entrepreneurs (alumni) to take part in this expo.
"This would be a source of encouragement for the present students to take up new ventures,” Mr Ranganathan said.
According to him, around 5 per cent of the outgoing candidates start new ventures every year. “In recent years, there has been a drop in the number of new ventures into the manufacturing space; consultancy services on the other hand is picking up,” he said and added that it had been quite a task for the Alumni Association to keep a tab on the candidates moving out every year.
“We are coming out with a directory. This will be a comprehensive edition, a book sharing the experiences of the entrepreneurs of PSG,” he said.
The job, he admits has not been easy. “We have, so far, been able to compile data of about 2000 successful entrepreneurs.
A good number of them are doing a great job, running successful ventures in the US and other countries,” he told Business Line .
The association has ten chapters worldwide, a similar number of chapters in India and three in West Asia.
“Despite our network, we have still not managed to complete compilation of the database of past students. It is not easy tracking all those that had graduated say 60 years ago,” says Mr Ranganthan.
PSG & Sons Charities Managing Trustee, Mr L. Gopalakrishnan, said the management proposed to organise nine international conferences this year, starting from September 2, as part of the diamond jubilee celebrations
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