The other three will come up in Jammu and Kashmir, Uttarakhand and Rajasthan and they will become operational from the year after. The location of the IMMs in these states is yet to be decided.

The existing IIMs are in Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozhikode and Shillong.

IIMs, considered the best B-schools in the country, are a major brand name in the global management education.