Union Education Minister Ramesh Pokhriyal along with Chief Minister of Himachal Pradesh Jai Ram Thakur; Minister of State for Finance Anurag Singh Thakur and Minister of State for Education Sanjay Dhotre laid the foundation stone of the Indian Institute of Management (IIM) Sirmaur in Himachal Pradesh on 4 August 2020.
The Union government had taken a decision in 2014 to establish seven new IIMs, including IIM Sirmaur. On 15 August 2014 it was announced that the IIM for Himachal Pradesh would be set up at Dhaulakuan in Sirmaur district.
On 12 March 2015, the state government allotted 210 acre land at Dhaulakuan for development of the permanent campus of the Institute.
The IIM Sirmaur was operationalised by IIM Lucknow as the mentor institution with the commencement of the first batch of PGP of 20 students, from its temporary campus at Paonta Sahib, Sirmaur.
The current academic activity is operationalised from temporary campus which is fully residential for students with all modern facilities. The students are not only pursuing academics but also engaged in various cultural, sporting, CSR and community outreach activities.
The complete full-fledged permanent campus at Dhaulakuan has been envisaged for the student strength of 1,170 in 210 acre of land parcel.
The Centre has sanctioned an amount of Rs 531.75 crore out of which Rs 392.51 crore is for construction works covering the area of 60,384 sq mtr in Phase-I which caters to 600 students.
IIM Sirmaur in September 2015 commenced its operations with the first batch comprising 20 students, from its temporary campus at Paonta Sahib, Sirmaur and over a period of less than five years, it has a student strength of over 300.