IIT Goa celebrated its 3rd Foundation Day on 30th July 2018 with great enthusiasm. Padmashree Prof. S. P. Sukhatme, Professor Emeritus & Former Director of IIT Bombay and Prof. Gopal Mugeraya, Director, NIT Goa graced the occasion as Chief Guest and Guest of Honour respectively. Prof. B. K. Mishra, Director IIT Goa in his welcome address gave a glimpse of the strides IIT Goa has made in last year and also laid out some plans for the next year. Prof. Mugeraya in his warm address encouraged students to make best use of the available resources and participate in nation building. This was followed by signing and exchange of MoUs with four national labs namely IMMT Bhubaneshwar, CMERI Durgapur, AMPRI Bhopal, NIO Goa and one technical institute namely Goa Engineering College (GEC). All the directors and representatives of these institute also addressed the audience and encouraged them to visit these labs for collaborative projects. Finally, Prof. Sukhatme, our chief guest for the occasion delivered a riveting lecture on the challenges and opportunities for a new IIT. He very pertinently pointed out that to build any great institution entities most needed are good students, good faculty members, vision, imagination, academic freedom, and strong infrastructure. He also shared his vast and invaluable experience of leading IIT Bombay as director and laid out his vision for new IITs. Much awaited IIT Goa annual report for 2017-18 was also unveiled to mark this momentous occasion.