The Union Cabinet has approved a bill to establish the 22nd Indian Institute of Management (IIM) in Guwahati, making it the second IIM in the Northeast after Shillong. With over ₹500 crore allocated and IIM Ahmedabad as the mentor institute, the project aims to provide high-quality management education, boost entrepreneurship, and strengthen capacity-building in sectors critical to regional and national growth. The new IIM, to be located at Marabhita in Kamrup district, will further enhance Guwahati’s role as an educational hub and help bridge regional disparities in access to premier institutions. The bill will be introduced in Parliament during the current session.
