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10th IIM inaugurated

india Updated: Oct 12, 2010 01:09 IST
HT Correspondent

The tenth Indian Institute of Management (IIM-R) was opened in Raipur on Monday in the presence of Chhattisgarh Chief Minister Raman Singh, academicians and management experts.

Classes will be held on the campus of Government Engineering College until IIM-R gets its own address.

Singh was the chief guest at the inaugural function, which was chaired by the chairman of the board of governors, Hari S. Bhartia.

Extending his best wishes to the students, Singh said Chhattisgarh had achieved 11.49 per cent growth in state gross domestic product only because of proper management of its various public welfare schemes. He said the new building of the institute, to come up in the New Raipur region, would reflect the culture and heritage of Chhattisgarh. To begin with, IIM Raipur, being mentored by IIM Indore, has 70 seats for the two-year post-graduate programme.

IIM-R Mentor Director N. Ravichandran, who is director, IIM Indore, said: “The faculty members will be outsourced from various IIMs, including IIM Indore, although we have received 800 applications seeking jobs at IIM-R.” The process of recruiting faculty would take some time, he added.