Tata Trusts commits grant to IIM-B to fund 27-acre campus for undergraduates
Tata Trusts committed a landmark grant to the Indian Institute of Management Bangalore (IIMB) on Wednesday to develop a world-class undergraduate campus in Bengaluru. The
Tata Trusts committed a landmark grant to the Indian Institute of Management Bangalore (IIMB) on Wednesday to develop a world-class undergraduate campus in Bengaluru. The grant, whose sum was not disclosed, will directly support the Institute’s long-term academic vision, campus design, and institutional roadmap for excellence in higher education in India, said a communique from IIMB. Noel Tata, chairman, Tata Trusts, said, “The Tata Trusts have, for over a century, supported some of India’s most defining institutions like the Tata Memorial Hospital and the Indian Institute of Science.” “This support reflects the same instinct: to build institutions of enduring value through support at an early, formative stage, when philanthropic capital can shape not just a building or a budget, but the character and ambition of an institution itself,” Mr. Tata added.
The idea for the new School of Undergraduate Studies, located approximately 27 kilometres from IIMB’s main campus, was conceived as part of the Institute’s broader vision to contribute to undergraduate education in India with the same academic rigour and global orientation that define its postgraduate and executive education programmes. The endowment will underpin the development of world-class academic and residential infrastructure. It will enable new research clusters at the intersection of emerging fields, including Artificial Intelligence, data science, algorithmic design, Indian Knowledge Systems, and applied business learning, said IIMB.
U. Dinesh Kumar, director-in-charge, IIMB, said, “We have designed programmes that not only equip students with technical proficiencies, but also enable young minds to ask better questions, interpret complexity, and lead with evidence.” The support from
the Tata Trusts will allow IIMB to invest deeply in faculty, research infrastructure, and campus environment, thereby contributing to a state-of-the-art learning ecosystem focused on India’s developmental priorities and committed to strengthening global capabilities, he added.
The BriefWire