 Shriram Institute for Industrial Research, founded in 1947 by an illustrious founder Sir Shri Ram, started functioning in 1950.Sir Shri Ram believed that if India was to catch up with the rest of the world, it was necessary to understand existing technology and innovate it through research.Lady Shri Ram College for Women Established in 1956 in New Delhi by the late Lala Shri Ram in memory of his wife Phoolan Devi (Lady Shri Ram), the college began in a school building in Daryaganj, Central Delhi.