Our Vision: Help in advancement of IIT Bombay's mission by fostering strong relationships with its alumni, corporations and philanthropists. Abouts Us: The Indian Institute of Technology Bombay, set up in 1958 as the second IIT, is recognised worldwide as a leader in the field of science and engineering education and research. The Institute was granted the status of 'Institution of Eminence' by the Ministry of Education (the then Ministry of Human Resources Development) on July 9, 2018. IIT Bom?