IIM Bangalore will start another campus in Karnataka

India’s third oldest IIM, Indian Institute of Management-Bangalore will open its second campus in Anekal. The Karnataka state government has leased 110 acres for the second campus of IIM-B at Mahanthalingapura in Anekal taluk (Jigani hobli).

IIM Banagalore’s proposed incubation centre shall be started at the new campus which will be the size of the present campus. IIM-B director, Pankaj Chandra told a newspaper, "IIM-B is strongly embedded in Karnataka as we believe we can add value when we are in one place. Many chief ministers have invited us to set up campuses in their states but we feel that Karnataka is an exciting place to be and having a campus in Bangalore is good for our economy. Split campuses bring with them the problem of splitting resources, especially faculty."

Management Development Institute Gurgaon is also set to open a new campus near IIM-B. Karnataka’s economy will surely benefit from the presence of top management institutes in the state.