The Indian Institute of Management (IIM) Mumbai has revealed a major infrastructure overhaul plan with an investment of Rs 800 crore. This ambitious project aims to significantly enhance the institute's facilities and support its growing academic and research capabilities. The upgrade includes the development of new academic buildings, state-of-the-art research centers, and modern residential accommodations for students and faculty. The initiative is expected to boost the institute's global standing and provide a more advanced learning environment for its students.

The project is part of IIM Mumbai's strategic plan to accommodate its increasing number of students and faculty, and to further its mission of fostering high-quality education and research. The new infrastructure is anticipated to be completed in phases over the next few years.