In 2 days of Momentum Jharkhand conducted at Ranchi, The state govt. and The Jain Group of Institutions, Bangalore, signed MOU for ARKA JAIN University, Jamshedpur. As per the MOU the Jain group will invest Rs 500 Crores in the next 10 years for the university to go International. During this the Director of the Institute Mr. Amit Srivastava said that the ARKA JAIN University will be a MultiDisciplinary University.