Shillong has once again regained its past glory with the seventh Indian Institute of Management (IIM) coming up here.

The seventh ace business school of the country — Rajiv Gandhi Indian Institute of Management (RGIIM) — will be formally inaugurated by Meghalaya Chief Minister Donkupar Roy at the North Eastern Hill University (Nehu) Mayurbhanj complex at Nongthymmai here on Friday.

“It has been a long-standing demand of the people in the region. Finally, their dream will come true,” the CM said.