Prime Minister Shri Narendra Modi announced that IIM Bangalore (IIMB) will establish a campus in Indonesia.

The campus aims to enhance educational opportunities for youth in the ASEAN region.

This initiative is part of India's strategy to globalize higher education, following similar establishments in Dubai and Abu Dhabi.

The campus will be located at the Singhasari SEZ in Malang, signifying a strategic partnership between India and Indonesia.