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The Indian Institute of Technology-Mumbai could soon have a second address—in New York.

The New York City Economic Development Corporation [NYCEDC] has invited   IIT-B to submit a proposal to set up a campus in the Big Apple for applied science courses.

The Mumbai institute will fill a lacuna that the city’s five boroughs have had all these years a world-class facility for applied science teaching and research with a strong bent towards applied engineering.

A committee at IIT-B is firming up the institute’s pitch, which will be sent to NYCEDC by April 2011.

The host city will make a capital contribution, in addition to possibly providing land and other considerations.  IIT Bombay director Devang Khakhar, invited by NYCEDC to consider setting up a campus there, said the concept was being explored.  “My team is working on a feasibility plan,” he told TOI.  New York mayor Michael Bllomberg has said the city must optimize its business strengths.

“The city is committed to finding the right partner and providing the support needed to establish such a facility because research in the fields of engineering, science and technology is creating the next generation of global business innovations that will propel our economy forward,” Bloomberg said.

“ New York City has all the ingredients to complement an applied science & engineering hub—a highly educated global population, an unparalleled  financial and business community to provide capital and support for new ventures and existing top-notch institutions performing cutting-edge research.  We want to capitalize on those strengths.”

NYCEDC has also broadened its hunt by allowing institutes wanting a presence in NY to apply under this scheme. It would be a grand ability of IIT moral boosting globally and it would add another feather in its fame, really a grand effort of IIT-B, in the reorganization of India’s abilities in the field of Science & Technology.

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