IILM was established in 1993, under the aegis of the Ram Krishan & Sons Charitable Trust. With more than 28+ years of experience in training future entrepreneurs and managers, it has emerged as one of the distinguished Universities in the Delhi NCR area.

The University has been set up under The Haryana Private Universities (Amendment) Act, 2018 (Haryana Act No. 10 of 2018). It is located in Sector 53 Gurugram, with a built area of over 1.5 lac sq feet known for its state-of-the-art facilities.