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IIM Ahmedabad Gets Rs 100 Crore AI School Endowment from Alumni

The Indian Institute of Management Ahmedabad has exchanged an MoU to establish the Krishnamurthy Tandon School of Artificial Intelligence, funded by a generous Rs 100 crore endowment from alumni Chandrika Krishnamurthy Tandon and Ranjan Tandon. Union Education Minister Dharmendra Pradhan, present at the virtual exchange, hailed the move as a concrete step towards India becoming a global AI superpower under Prime Minister Narendra Modi's leadership. The school aims to boost India's AI capabilities, democratize access, create jobs, and harness AI for social good. This initiative is seen as a landmark in alumni philanthropy and institutional strengthening for India's technological future.

Key Points: IIM Ahmedabad to Launch AI School with Rs 100 Crore Donation

  • Rs 100 crore alumni endowment for AI school
  • MoU exchanged ahead of India-AI Impact Summit 2026
  • Aims to democratize AI and create global jobs
  • Strengthens India's path to becoming an AI superpower
2 min read

MoU exchanged to establish Krishnamurthy Tandon School of Artificial Intelligence at IIM Ahmedabad

IIM Ahmedabad establishes Krishnamurthy Tandon School of AI with a Rs 100 crore endowment from alumni, aiming to boost India's global AI leadership.

"AI will be an enabler for powering people, progress and planet. - Dharmendra Pradhan"

New Delhi, January 29

The Indian Institute of Management Ahmedabad on Thursday exchanged a Memorandum of Understanding with Chandrika Krishnamurthy Tandon and Ranjan Tandon for the establishment of the Krishnamurthy Tandon School of Artificial Intelligence at IIMA, Ministry of Education said on Thursday.

The MoU was exchanged in the esteemed presence of Union Education Minister Dharmendra Pradhan and Ambassador Vinay Kwatra virtually in the USA.

The School will be established through a generous endowment of Rs 100 crore by Chandrika Krishnamurthy Tandon, an alumna of IIMA's PGP Class of 1975, and Ranjan Tandon.

Speaking on the occasion, Dharmendra Pradhan expressed his happiness to witness the exchange of the MoU for setting up the Krishnamurthy Tandon School of Artificial Intelligence at IIM Ahmedabad. He said that the MoU in the lead-up to the India--AI Impact Summit 2026 is a solid reflection of the concrete actions Bharat is taking under the leadership of Prime Minister Narendra Modi to become a global AI superpower.

Pradhan said that AI will be an enabler for powering people, progress and planet. India's AI leadership will not only be shaped by technology but by the strength of our institutions and human capital. The Chief Minister appreciated Chandrika Krishnamurthy Tandon, a proud alumna of IIM Ahmedabad and her husband Ranjan Tandon for their benevolent gesture of setting up this AI school with an endowment fund of Rs. 100 crore. This philanthropic initiative sets and strengthens a fine tradition of alumni giving back to their alma mater, the release stated.

He stated that Krishnamurthy Tandon School of Artificial Intelligence will work towards boosting India's AI capabilities, democratising AI, creating jobs from India for the global AI economy, harnessing AI for creating a global impact in improving lives and advancing social good, as envisioned by Prime Minister Narendra Modi.

Taking it to X, Pradhan wrote, "Delighted to witness the exchange of MoU for setting up Krishnamurthy Tandon School of Artificial Intelligence at IIM Ahmedabad. The MoU in the lead-up to the India--AI Impact Summit 2026 is a solid reflection of the concrete actions Bharat is taking under the leadership of PM Modi to become a global AI superpower."

He further stated that India's AI will not only be shaped by technology but also by the strength of institutions. He extended heartfelt gratitude to Chandrika Tandon for the generous donation, saying that the gesture continues the tradition of alumni giving back to the alma mater.

- ANI

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Reader Comments

P
Priya S
A 100 crore endowment is massive! It's heartwarming to see successful alumni giving back. I hope this school focuses on practical, ethical AI that solves real Indian problems in agriculture, healthcare, and governance.
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Rohit P
While this is a positive step, I hope the focus remains on creating accessible education and not just another elite program. "Democratising AI" should mean affordable courses and scholarships for talented students from smaller towns.
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Sarah B
As someone working in tech, this is exactly the kind of institutional push we need. Combining IIMA's management excellence with cutting-edge AI research can create world-class leaders. The 2026 Summit is something to look forward to!
K
Karthik V
Bahut badhiya! This is a solid step towards Aatmanirbhar Bharat in technology. Hope they collaborate with Indian startups and not just foreign giants. Jai Hind!
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Michael C
Impressive commitment. The key will be in the execution and ensuring the research translates into job creation and social impact, as mentioned. Watching this space closely.

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