The Indian Institute of Management, Ahmedabad, has collected Rs 30 crore donation from corporates and alumni in the past one year towards the Rs 130-crore conservation and restoration work of various buildings in the campus, including the iconic Louis Kahn Plaza. The premier business institute has also decided to accept small-ticket donations from individuals and former students which will add to the corpus required to restore classrooms, academic blocks, dorms and library.

Dean (Alumni) Rakesh Basant said the institute till not only accept consolidated contributions from alumni batches but will also accept retail or individual contributions. “Alumni and corporates can contribute Rs 3 lakh onwards. Though we register each and every contribution, we will give naming rights to those who contribute Rs 3 lakh and more,” he said. Director Ashish Nanda said Rs 20 crore from TCS is being used to restore and upgrade Vikram Sarabhai Library while Rs 3.5 crore each from two alumni will be used to restore dorm-1 and classroom-3.

Dorm-1will be renamed D-1 Professor Kamla Chowdhury Dorm while classroom-3 will be renamed CR-3 Professor Labdhi Bhandari Classroom. Prof Chowdhury was a founding faculty member of IIMA while Prof Bhandari followed later as a faculty member. Apart from this, batch of 1992 contributed Rs 2.5 crore last December to restore class-room 4. The library is expected to be ready by March 2018, said Nanda.