IIM Mumbai Unveils Plans for Rs. 800 Crore State-of-the-Art Facilities for Students and Innovation

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IIM Mumbai Unveils Plans for Rs. 800 Crore State-of-the-Art Facilities for Students and Innovation


On its Foundation Day, IIM Mumbai has introduced an funding of INR 800 crores for its campus enhancement undertaking. This vital funding will assist in direction of modernizing and growing state-of-the-art amenities on the campus. The initiative comes on the heels of the institute’s fast ascent to the sixth place in nationwide rankings inside a yr of its institution.


 






Manoj Tiwari, Director – IIM Mumbai; Mr. Shashi Kiran Shetty, Chairman, IIM Mumbai; Mr. G. Satheesh Reddy, President, The Aeronautical Society of India, Former Secretary DDRND, Chairman, DRDO and Scientific Adviser to Raksha Mantri


 


To mark Teachers’ Day, Mr. Shashi Kiran Shetty, Chairman, of the Board of Governance, IIM Mumbai, and Founder and Chairman, of Allcargo Group, inaugurated the graduation of the brand new amenities, underscoring the institute’s dedication to fostering innovation and excellence. Mr. Shetty emphasised the institute’s dedication to offering college students with an optimum surroundings for exploring Artificial Intelligence (AI) and know-how.


 


IIM Mumbai proudly acknowledges the distinguished presence of Dr. Satheesh Reddy, President of the Aeronautical Society of India, Former Secretary of DDRND, Chairman, of DRDO, and Scientific Adviser to Raksha Mantri, who performed a major position within the inauguration of IIM Mumbai’s INR 800 crore campus enhancement undertaking. Dr. Reddy, recognized for his groundbreaking contributions to India’s defence sector, attended the Bhumi Pujan ceremony, the place he laid the muse stone for the brand new growth part of the campus. IIM Mumbai is honored to have Dr. Reddy’s assist and is happy in regards to the new alternatives this undertaking will create for college students and researchers alike. His contribution to the occasion exemplifies the institute’s dedication to bridging the hole between academia and real-world technological developments.


 


Commenting on the event, Mr. Shashi Kiran Shetty, Chairman, Board of Governance, IIM Mumbai and Founder and Chairman, Allcargo Group mentioned, “This occasion will go down in the history of IIM Mumbai as a key milestone which marks the journey of this premier institute towards becoming one of the best B-schools in the world. The initiative to upgrade the campus is a part of our goal to develop a 21st-century infrastructure capable of exceeding global standards. Thanks to the prestigious IIM tag and the strategic location of the campus in Mumbai, the institute has started attracting faculty and students across the world. With state-of-the-art infrastructure, excellent faculty, and best-in-class pedagogy, IIM Mumbai will emerge as the best management institute in the world, producing the best in quality leadership and entrepreneurship.”


 


The forthcoming amenities will embrace the sprawling web zero campus of the long run with world-class residential lodging for college & college students, startup ecosystem growth, Management Development Programs, and a big auditorium. Additionally, the power will embrace an Innovation Center targeted on banking, finance, and fintech, an AI-based analysis hub, and a state-of-the-art library connecting college students with international assets. The campus will host a outstanding Management Training Center, providing certification programs and serving as a focus for {industry} leaders.


 


Formerly often known as NITIE, IIM Mumbai has a robust legacy in industrial and engineering training. Since its transition to an IIM, the institute’s climb to sixth place this yr in nationwide rankings underscores the advantages of this transformation. Situated in India’s monetary hub, IIM Mumbai is a major growth for the mega metropolis.


 


Prof. Manoj Okay Tiwari, Director, IIM Mumbai, shared insights into the institute’s future route, highlighting the introduction of latest programs benefitting college students and professionals. He additionally talked about a number of partnerships with Indian and worldwide communities, aimed toward enriching the mission of data sharing and international engagement.


 


Established in 1963 as NITIE, this establishment has grow to be a cornerstone of administration training in India. A 65-acre campus surrounded by scenic landscapes with lakes on three sides, the institute hosts greater than 1,200 college students and is ranked amongst India’s high B-schools. The management of Mr. Shashi Kiran Shetty, Chairman of IIM Mumbai’s Board of Governors, and Prof. Manoj Okay Tiwari, Director, has been instrumental in advancing Logistics and Supply Chain Management and supporting the PM Gati Shakti National Master Plan. Known for its industry-aligned academic applications, IIM Mumbai contributes to nationwide insurance policies, reflecting the imaginative and prescient of Naya Bharat.


 


We are confident that this project will continue to receive strong support from leading companies through their Corporate Social Responsibility (CSR) funds. It is poised to set new benchmarks in educational infrastructure, fully aligning with IIM Mumbai’s vision of becoming a global leader in innovation and sustainable development. This effort underscores the respected role of Indian leadership in driving progress within the country and on the world stage,” Added Mr Shetty.


 


About Indian Institute of Management Mumbai (IIM)


Formerly often known as NITIE, Indian Institute of Management Mumbai (IIM Mumbai), established by the Government of India in 1963 within the monetary capital of the nation, has been constantly rating among the many high B-schools in India. With round 1,200 college students throughout varied applications, IIM Mumbai is a pacesetter in administration training within the nation and ranked 6th within the National Institutional Ranking Framework (NIRF) for 2024 amongst Management institutes throughout India. IIM Mumbai is dedicated to creating expert professionals in numerous practical areas like Operations Management, Analytics, Finance, Marketing, Project Management, HR, Information Technology, and Sustainability Management.


 


For extra info, please go to: iimmumbai.ac.in.



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