Funding for research activities at the Indian Institute of Technology Bombay (IIT-B) from external sources has shown an upward graph (by 22 per cent) in the past three academic years. The Institute, known for its cutting-edge research across various disciplines, has seen an impressive rise in funding over the last three years, supporting projects in science, engineering, management, and social sciences. A total of 35 per cent of funding is from non-government sources. 

Indian Institute of Technology Bombay (IIT Bombay) continues to push the boundaries of research and development, receiving substantial extramural funding that aligns with India's national goals of technological self-reliance.