With this office, the prestigious institution hopes to deal with a range of overseas affairs including faculty hiring, fund-raising and entering into collaborations for research and development, according to a release.
The office will come up at 62, William Street in New York and a space has been provided by the student for a period of five years, it said.
The 1986 batch IITian, Sanjay Khosla, will not be charging any rent from the institute, the release added.
The new office is expected to start its functioning from early next year.