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News Article

Mittal family donates $25m to SAI

Lakshmi Mittal and his family have announced a $25 million gift to establish an endowed fund for this institute. In recognition of the Mittal Foundation’s generosity, the center will be renamed the Lakshmi Mittal South Asia Institute at Harvard University.

“International centers like the South Asia Institute at Harvard University serve as a vital conduit between the University and the world we study,” said Harvard President Drew Faust. “The generous support from the Mittal family is a testament to both the important work being done by this community of scholars and students and the continuing impact it will have in the region.”

“South Asia has played a dynamic and influential role in the development of our world since the very first civilizations,” said Mittal, chairman and CEO of ArcelorMittal, the world’s largest steel company. “Ensuring that we fully understand its history and unique dynamics is a critical enabler in helping to shape a successful future.”

“We are so grateful for the Mittal family’s support and what it will enable us to learn and share — across the sciences, social sciences, and the humanities — and the many people and institutions it will allow us to engage,” said Tarun Khanna, Director of the Lakshmi Mittal South Asia Institute and Jorge Paulo Lemann Professor at Harvard Business School. “The world stands to benefit for generations from the work that these resources will generate.”

Read the full article in the Harvard Gazette.

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