ISB to launch Rs300 crore campus in Mohali

13 November 2008

Mumbai: The Indian School of Business (ISB), is setting up a Rs 300 crore campus at Mohali in Punjab, its second campus in the country.

ISB on Wednesday signed a tripartite agreement with the government of Punjab, and four leading business groups, to set up a second campus at Knowledge City, Mohali, Punjab.

The formal agreement was signed in the presence of Punjab chief minister Parkash Singh Badal and the dean of ISB, M Rammohan Rao.

ISB has received support from major business groups like Max India Limited, Bharti Enterprises Limited, Hero Corporate Service Limited, and the Punj Lloyd Group.

Punjab government has allotted 70 acres of land for the ISB campus on a 99-year lease.

The founder-supporters of the ISB campus at Mohali have come forward with a contribution of Rs50 crore each. They will also extend support in the areas of placements, internships, programmes on campus and visiting faculty to the ISB campus at Mohali.