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  2. The establishment of IIMs was initiated by Jawaharlal Nehru, the first prime minister of India, based on the recommendation of the Planning Commission of India. [2][3] IIMs were declared institutions of national importance by the Ministry of Human Resource Development (MHRD) [4] after the passage of Indian Institutes of Management Act, 2017.

  3. The Indian Institute of Management Bangalore (IIMB) is a leading graduate school of management in Asia. Under the IIM Act of 2017, IIMB is an Institute of National Importance. IIMB has 107 full-time faculty members, about 1,200 students across various degree-granting programmes and nearly 5,000 annual Executive Education participants.

  4. The Indian Institute of Management Bangalore was established in 1973. In an effort to capture the evolution of IIMB and to recount the history of the Institute, the IIMB History Project was established in 2017.

  5. – 1959: The Planning Commission of India conceptualizes the need for high-quality management training in India. – 1961: Establishment of the first Indian Institute of Management (IIM Calcutta) in November, followed by IIM Ahmedabad. 1970s: Expansion and Diversification

  6. Founding. In 1972, a committee headed by Ravi J. Matthai, first director of IIM Ahmedabad and founding director of IRMA, noting the rising demand for graduates of the first two IIMs namely IIMC and IIMA, recommended the need to have two more IIMs.

  7. History. Vikram Sarabhai, the Honorary Director of IIMA. IIM Ahmedabad was established on 11 December 1961 [10] with the active support of the Government of India, the Government of Gujarat, Harvard Business School, and prominent members of Indian industry.

  8. Prof. Bharat Bhasker. Director. Strategic Priorities. The Institute focuses on … Promoting excellence in scholarship by encouraging high-quality research, distinctive and effective teaching, and meaningful contribution to knowledge-creation in a variety of disciplines.