The Indian Institute of Management, Mumbai (IIM Mumbai), which will shortly replace the National Institute of Industrial Engineering (NITIE), is placing a significant wager on the growth of infrastructure. The institute also intends to increase enrollment by a factor of two.
“I would like to see the enrollment at IIM Mumbai quadruple, and to do this, we need improved staff housing, research, and infrastructure. Shashi Kiran Shetty, Chairman of the Society and Board of Governors, NITIE, told reporters here on Wednesday, “We will work on this as soon as possible.
He founded and serves as Chairman of Allcargo Group. The Indian Institutes of Management (Amendment) Bill, 2023 was approved by Parliament on Tuesday. IIM, Mumbai will formally take the name NITIE. Shetty claims that NITIE is known for providing high-quality instruction in the areas of industrial engineering, engineering management, and management sciences.
“By fostering a culture of continuous learning and innovation to develop tomorrow’s leaders, the inclusion of NITIE in the IIM Act, 2017 would further motivate us to continue our journey of academic greatness… The recognition will boost our drive to establish new standards for excellence in learning, he said.
“Our ultimate goal is to make IIM Mumbai self-sufficient, so we’ll work to create an infrastructure that can support a larger population of students and faculty, launch new programs and research projects, and establish partnerships with businesses that will benefit students’ education. In due course, he continued, “We will also reassess the current fee structure.
Source: Telegraph India