The Institute has a well-equipped, spacious and fully computerized library with around 40,524 books and reports/ monographs on a large variety of management, computer applications and allied subjects. The Institute receives 278 Research Journals including 59 Foreign Journals and 8500+ E-Journals regularly. A large number of newspapers and magazines are also procured for use in the library. The Institute has a collection of 116 Encyclopedias and Dictionaries covering voluminous amount of information. The library provides the following services:

• Library Information Resources
• Video, CDs and Audio Cassettes
• Articles aiding current awareness
• Photocopying facility
• Exchange of publications
• Announcement of forthcoming conferences, symposia and seminars.
• Organization of book exhibitions
• Internet access to all students
• External Membership
• PIMR Library was awarded the Best Library Rolling Shield for the year 2001-02 by Indore Division Library Association. It has also received Excellent Library Award for its excellent services in 2008 by Indore Divisional Library Association, Indore.