The Indian Institute of Management Ahmedabad (IIMA) today exchanged a Memorandum of Understanding (MoU) with Ms. Chandrika Krishnamurthy Tandon and Mr. Ranjan Tandon for the establishment of the Krishnamurthy Tandon School of Artificial Intelligence at IIMA. The MoU was exchanged in the esteemed presence of Shri Dharmendra Pradhan, Union Minister of Education, Government of India in New Delhi and Ambassador Shri Vinay Kwatra virtually in USA.

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

Speaking on the occasion, Shri Dharmendra Pradhan expressed his happiness to witness the exchange of MoU for setting up 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 Shri Narendra Modi to become a global AI superpower.

Shri 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. Hon’ble Minister appreciated Chandrika Krishnamurthy Tandon ji, a proud alumna of IIM Ahmedabad and her husband Ranjan Tandon ji for their benevolent gesture of setting up this AI school with an endowment fund of ₹100 crore. This philanthropic initiative sets and strengthens a fine tradition of alumni giving back to their alma mater.

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 Shri Narendra Modi ji.

As a pioneering School of Artificial Intelligence housed within a management institute in India, the Krishnamurthy Tandon School of Artificial Intelligence will operate at the intersection of technology, management, and public impact. With a strong global outlook, the School will focus on addressing India’s unique and complex challenges through the responsible and effective application of AI.

Anchored in IIMA’s long-standing legacy of leadership, governance, and institution-building, the School aims to shape how artificial intelligence is developed, deployed, and governed to create enduring business and societal value. It will serve as a natural extension of IIMA’s mission to advance the future of management education in an increasingly AI-driven world.

Envisioned as a hub for business-focused and translational AI, the School will bring together world-class faculty, industry leaders, policymakers, and global partners to redefine the frontiers of AI research and application. Its research agenda will be application-led and case-based, rooted in real-world managerial, institutional, and societal challenges. The School will focus on translating cutting-edge AI research into deployable solutions, tools, frameworks, and scalable systems that enhance decision-making, improve productivity, and address complex challenges across industry, government, and society.

Secretary, Department of Higher Education, Dr Vineet Joshi; Prof. Bharat Bhasker, Director, Indian Institute of Management Ahmedabad, Joint Secretary, Higher Education, Shri Purnendu Banerjee and senior officials of the ministry were present on the occasion.

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