The Indian Institute of Management Mumbai is set for a major transformation over the next five years, expanding its capacity from 1,200 to 5,000 students. The Rs 800 crore redevelopment will introduce a range of new facilities, including an amphitheatre, hostels, a swimming pool, and a nature trail. The institute will also offer undergraduate courses and bolster its startup ecosystem with innovation centres. The campus aims for net-zero carbon emissions and enhanced industry collaboration.