The Tobaccowala Foundation of India has donated $1M to the University of Chicago Booth School of Business to provide a new scholarship for students from India. The scholarship is in memory of Akhtarali H. Tobaccowala (MBA ’52), who was director of Tata Group, chairman of Voltas Ltd. and founder of Impact India. The Tobaccowala Foundation wants to provide opportunities for more students from India to “learn from the world-class Chicago Booth faculty.” Full-time Chicago Booth MBA students are eligible if their primary home is in India at the time they receive the scholarship, and interested candidates can apply via Chicago Booth’s Web site. We expect this scholarship to certainly be popular, considering that more Chicago Booth MBAs are from India than from any other country outside the United States.
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