NITIE To IIM Mumbai – Cabinet Approves The Establishment Bill

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NITIE To IIM Mumbai
NITIE To IIM Mumbai

India is going to have a new IIM in Mumbai, making the total count of IIMs twenty-one. The Union Cabinet approved three bills on July 12, 2023, including the amendment to include the National Institute of Industrial Engineering (NITIE) Mumbai as the 21st IIM in the IIM Act. The amendment is expected to be introduced during the upcoming monsoon session of Parliament, leading to the establishment of an IIM in Mumbai.

As the 60-year-old NITIE Mumbai transforms into IIM Mumbai, the city will boast some of India’s finest business schools, including SPJIMR, SJMSoM IIT Bombay, JBIMS, and NMIMS. In 1963, the Government of India established NITIE with support from the United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to cultivate skilled professionals.

NITIE Mumbai Campus Image

NITIE Mumbai, funded by the Government of India, achieved a commendable rank of #7 in the MHRD NIRF Ranking 2022. NITIE provides a diverse range of management programs, including PGDM, Executive PGDM, and Doctoral programs.

Currently, there are a total of 20 IIMs in India, along with their establishment years.

All IIMs In India Year of Establishment
IIM Calcutta 1961
IIM Ahmedabad 1961
IIM Bangalore 1973
IIM Lucknow 1984
IIM Kozhikode 1996
IIM Indore 1996
IIM Shillong 2007
IIM Raipur 2010
IIM Ranchi 2010
IIM Rohtak 2010
IIM Tiruchirappalli 2011
IIM Udaipur 2011
IIM Kashipur 2011
IIM Amritsar 2015
IIM Bodhgaya 2015
IIM Nagpur 2015
IIM Sirmaur 2015
IIM Sambalpur 2015
IIM Visakhapatnam 2015
IIM Jammu 2016
IIM Mumbai (NITIE)

Established in the year 1963, it is anticipated that the institution will be officially renamed IIM Mumbai in the year 2023.

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