LNM Institute of Information Technology
[2] Established in 2003, the institute operates as a not-for-profit organization under a public-private partnership between the Government of Rajasthan and the Lakshmi Niwas & Usha Mittal Foundation.As a deemed university, LNMIIT was jointly set up by the state government and the Lakshmi and Usha Mittal Foundation, as an autonomous non-profit organization.[6][independent source needed] In 2021, LNMIIT Founder Lakshmi Niwas Mittal approved an ambitious 7-year, 400 crore project under the name 'Mission Quantum Leap'.This project aims to bring about the transformation of LNMIIT into one of the best research universities in its domain of choice in several new and current areas of relevance to the nation and society.In the first phase of the project, a world-class modern multidisciplinary center of research and development namely the 'LNMIIT International Centre for Artificial Intelligence, Data Science & Applications (LICAI) would be constructed for 200 crores.