IU was established as a philanthropic initiative of its Founding Chancellor, Dr. Rajiv I Modi in the loving memory of his parents, Shri Indravadan Ambalal Modi and Smt Shilaben Modi who laid the foundation stone of Cadila Pharmaceuticals Ltd.(CPL) in 1951. To honour their legacy of care and compassion, the university’s governing body and Dr. Rajiv Modi are determined to holistically transform and develop the University into a hallmark of global academic excellence. The Founder Chairman of CPL,