Essel Group chairman Dr. Subhash Chandra said the group will establish a Rs 100-crore [2] university to honor his late father, Nand Kishore Goenka.

The initiative transforms a personal loss into a public investment in education. By creating a permanent institution, the Essel Group seeks to institutionalize the social work and values championed by Goenka during his lifetime.

Nand Kishore Goenka died on 13 July 2026 [1] at the age of 96 [1]. Based in Noida, India [1], Goenka served as the patriarch of the Essel Group and was recognized as a respected social worker [1, 2].

The university project follows shortly after Goenka's death. The funding of Rs 100-crore [2] is intended to serve as a tribute to his legacy of community service, and leadership. The project aims to provide academic opportunities that reflect the philanthropic spirit Goenka maintained throughout his career.

Family and associates said Goenka was a foundational figure for the conglomerate. The transition from his role as a family leader to the namesake of an educational institution marks a significant shift in the group's philanthropic strategy—moving from individual social work to structured academic development.

Details regarding the specific curriculum and the official opening date of the university have not been released. However, the commitment of funds ensures the project will move forward as a central part of the family's memorial efforts.

A Rs 100-crore university will be established in memory of Nand Kishore Goenka.

The establishment of a university by the Essel Group signals a strategic move toward legacy-building through institutional philanthropy. By tying the memory of Nand Kishore Goenka to a high-value educational asset, the group not only honors a family patriarch but also strengthens its corporate social responsibility profile in India's competitive educational landscape.