New bldg for IIT8217;s management school

8220;We have already received a string of generous donations from our student alumni in the recent past and this latest donation from Hindi Vidya Bhavan is indeed most welcome today,8221; said Dr Sukhatme. The interest generated from the amount will be utilised for student scholarships, awards, books, and other general needs of the SOM.

In his speech, chief guest Mukesh Ambani said that for the progress of modern-day economy, business technology has to go hand-in-hand with the rapid advancements in technology. 8220;Hence a School of Management within the IIT campus is the need of the hour. IIT hasshown exemplary vision and spirit by starting the SOM,8221; said Ambani.

The three storeyed building also houses IIT8217;s Industrial Research and Consulting Centre. The SOM was set up in IIT in 1994, with the dual mission of training professionals to manage business vis-a-vis engineering and industrial technology. However, the SOM was allotted a separate building of its own only now.