Profile of Trust / Society

Profile of Trust / Society

Hope Foundation and Research Centre (“Hope Foundation”) is a Public Charitable Trust / Society established by Late Shri Pralhad P. Chhabria in the year 1979 with the objective of rendering social services towards nation building. Hope Foundation is registered under the Bombay Public Trust Act, 1950 (now known as the Maharashtra Public Trust Act, 1950) and the Societies Registration Act, 1860 under the auspices of the Finolex Group of Companies and has been contributing to the field of higher education, medical assistance and research and development activities for over 22+ years and is successfully accomplishing its societal objectives to the deserving communities across the country.

Under the aegis of the Trust / Society are two educational institutions and one research institution:

Educational Institutions

Research Institution

Hope Foundation has been active in the field of medicine since inception extending aid for cancer patients especially children in the form of medical assistance and lifesaving drugs. The Foundation also extends support technically and financially by way of donations, scholarships, awards, fee waivers, student assistantships etc. to its students as well as to the deserving students and to social communities serving the society with a non-profit motto to the maximum extent possible in order to develop innovative products, technologies and services by way of association, collaboration or otherwise for the attainment of the objects of the Trust / Society.

Hope Foundation launched its activities into the field of education by the establishment of the Finolex Academy of Management and Technology (FAMT) on 25 acres of land located in M.I.D.C. Ratnagiri, in 1996.  FAMT is a professional engineering college established with the aim of providing quality education to the young aspirants of the under developed region of Konkan to acquire specialized technical skills in the fields of engineering and technology management.

In the year 2016, the Pralhad P. Chhabria Research Center (PPCRC) has been established to fulfill Shri Chhabria’s lifelong commitment towards fostering social development in India. PPCRC’s intent is to advance knowledge through research and provide education & training in interdisciplinary areas of Science, Engineering, and Technology to serve India and the world at large. PPCRC focuses on research in convergence of Information Technology, Biotechnology, Nanotechnology and Cognitive Technology. The research areas are grouped under major themes of Intelligent Systems, Engineering Systems, Electronic & Photonic Systems, Neurosystems and Applied Materials Systems and the vision is being attained through providing an environment for self-development of creators, inventors, discoverers and innovators, undertake research with academia and industry, and equip learners with knowledge, tools and techniques that will be essential for creating the foundation for the 21st century. For more details, please visit