For the first time in its history, The Indian Institute of Management- Madras (IIT-M), India, generated more than US$120 Million in funding and revenue in the fiscal year in 2021–2022.
Included in this amount are about US$37 million in industry consulting fees and US$99 Million from state and federal government-approved projects. The institute’s 0 previous record high was US$86 Million, set during the epidemic in 2020–2021.