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IIM-Calcutta has no plan to expand

While other Indian Institutes of Management are planning to amend the Memorandum of Association to enable them to expand overseas, IIM-Calcutta has decided not to follow suit as the institute does not have any immediate plan to foray abroad.

india Updated: Jan 24, 2006 12:17 IST
PTI
PTI
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While other Indian Institutes of Management (IIMs) are planning to amend the Memorandum of Association (MoA) to enable them to expand overseas, IIM-Calcutta has decided not to follow suit as the institute does not have any immediate plan to foray abroad.

“We are not going to amend the MoA for expanding overseas. There are no plans to set up branches abroad,” IIM-C Director Shekhar Chowdhury said.

This puts to rest the speculation that IIM-C may join IIM-Bangalore and IIM-Ahmedabad to amend its MoA for offshore foray despite the Centre discouraging such a move.

The issue of amending MoA of IIMs came in the wake of the HRD ministry refusing IIM-Bangalore to set up a centre in Singapore suggesting it should meet its domestic requirements.

First Published: Jan 23, 2006 12:12 IST