IIM Bangalore gets to go abroadOur Bureaus / New Delhi/Ahmedabad February 02, 2006The government has decided to allow the Indian Institute of Management-Bangalore (IIM-B) to set up a campus abroad. This comes after the institute indicated that it agreed with conditions laid down by the government, including amending its memorandums of association and increasing the student intake.Human Resource Development Minister Arjun Singh had earlier said the IIMs, despite their autonomy, could not function like companies and set up brick-and-mortar campuses abroad. The government had also taken a policy stand that the IIMs should first meet domestic demand.
