You must select the parameters; in general, people may believe that IMI Delhi is a better option due to its location and the opportunities it offers. On the contrary, you may come across individuals who would prefer to have the IIM designation regardless of the cost.
So, if you prefer the IIM label above all else, IIM Jammu is the place for you. Nonetheless, given the fact that it is an IIM, there is no doubt about academics.
However, because it is located in the heart of the city, IMI Delhi has established its own legacy over the past 41 years. So, if you can overlook the IIM brand name in favor of the multitude of opportunities to transform your personality, expand your understanding, and have a good time in terms of social and campus life, IMI Delhi is the place for you.