Except for IIM Rohtak, the new upcoming IIMs like Trichy and Ranchi face tough competition with SP Jain. They are almost in the same league based on certain parameters and are bound to overtake SP Jain in the future. Let’s discuss some of these parameters 

1. Students profile: IIM Trichy takes in students with a slightly higher CAT score than SP Jain thereby the quality of the batch is better.
2. Faculty: The faculty of IIM Trichy is comparable with SP Jain in many areas.
3. Placements: Although the placements at SP Jain are better than these new IIMs, they have been stagnant for the past few years. Moreover, the placements at IIM Trichy and Ranchi are getting better every year.
4. Growth potential: SP Jain has a decent growth potential but not more than the new IIMs. Their potential looks more promising.
5. Alumni base: SP Jain has an upper hand in this aspect due to its early establishment.
6. Location: SP Jain is at a better location than the new IIMs and they might suffer because of this. Yet some consider the city of Trichy not too far away from Mumbai and the disadvantage does not seem that huge.

All in all, there are high chances of the new IIMs taking over SP Jain anytime in the near future.