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IIM-A raises Rs 30 crore so far for campus restoration

Money has been raised through alumni batches as well as corporates

IIM-A okays MBA fee rise of 5.4% to Rs 19.5 lakh
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Vinay Umarji Ahmedabad
The Indian Institute of Management, Ahmedabad (IIM-A) has so far raised around Rs 30 crore through alumni batches as well as corporate groups for conservation and restoration work of its heritage campus including the Louis Kahn Plaza (LKP).

According to Ashish Nanda, director of IIM Ahmedabad, the conservation and restoration work has seen contributions pouring in from alumni batches as well as corporate groups even as more are expected to come in near future. The estimated cost of the conservation and restoration of campus buildings including library, faculty residential quarters, student dormitories and classrooms tends to be around Rs 130 crore.

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