Bengaluru: Following Prime Minister Narendra Modi’s announcement that the Indian Institute of Management Bangalore will set up a campus in Indonesia, IIM-B said it will run its offerings in two phases, starting with short-term executive education programs (EEPs) in Phase 1, followed by degree-granting programs in Phase 2.Under the plans, the IIMB (Singhasari) campus in Indonesia will offer EEPs designed for senior leaders and professionals preparing for leadership roles. Its curriculum will combine core management disciplines with areas such as artificial intelligence, digital transformation, global supply chains, climate and sustainability, and health. Candidates in Indonesia will have access to IIMB’s massive open online course (MOOC) repository in addition to its classroom offerings. IIMB is the designated nodal agency for management education at Swayam. The initiative will strengthen research collaborations, faculty development, consulting engagements and policy partnerships, as well as student exchanges and industry engagement in Indonesia and the wider ASEAN region, the institute said.“IIMB acknowledges the support provided by the Government of India and the GovtIndonesia to advance this initiative and facilitate the establishment of the campus,” said a statement from the B-school.On July 7, 2026, in a joint press statement with Indonesian President Prabowo Subianto in Jakarta, Modi said, “We will establish a campus of India’s prestigious management institute, IIM Bangalore, in Indonesia, which will greatly benefit the youth of the entire ASEAN region.”The announcement is based on the MoU signed recently between IIM Bangalore and the Singhasari Special Economic Zone (SEZ), where the international campus is expected to be located. The agreement was signed on July 6 at the Coordinating Ministry of Economic Affairs in Jakarta with Professor U Dinesh Kumar, Director-in-Charge and Professor Jitamitra Desai, Professor and Board Member representing IIM Bangalore.Professor U. Dinesh Kumar stated that this partnership will create a significant impact by developing a leadership group that will lead not only Indonesian companies, but also global corporations.Professor Desai stated, “With our significant strength in management education and research, IIMB is well positioned to deliver high-quality and highly-reputed management programs and make Indonesia a global hub in business education. We believe this program will significantly improve employment opportunities for both Indonesian citizens and expatriates and push the envelope in making the Global South region the destination of choice for both quality education and business leadership”.“