Since its appearance in 2015 in the rankings, the institute has moved up 3 places.
Indian Institute of Technology (IIT) Bombay has moved up to rank 13 in the prestigious Quacquarelli Symonds (QS) University Rankings BRICS.
The results for 2016 were released on Wednesday by QS, a global higher education analyst.
"IIT Bombay ranks second in India, seven ranks below the Indian Institute of Science (IISc) in Bangalore at six," an IIT release stated.
Since its last appearance in 2015 in the rankings, the institute has moved up three places.
IIT Bombay's overall score is 84.4 out of 100. It has a score of 99.1 in academic reputation, 100 in employer reputation, 91.5 in Citations per paper, 94.7 in Papers per faculty and 97.6 in staff with PhD, all scores out of a maximum of 100.
Expressing his happiness on the significant achievement, Professor Devang Khakhar, Director, IIT Bombay said, "The improvement in ranks is a reflection of the progress being made by IIT Bombay, particularly in its research contributions."
Two other IITs which rank in the top 20 are IIT Delhi at 15th and IIT Madras at 19th.
'BRICS QS University Rankings: BRICS 2016' is a ranking of the 250 top universities in the five BRICS countries (Brazil, Russia, India, China and South Africa).
Performance of universities is based on eight key parameters viz. Academic reputation (30 per cent), Employer reputation (20 per cent), Faculty/student ratio (20 per cent), Staff with a PhD (10 per cent), Papers per faculty (10 per cent), Citations per paper (5 per cent), International faculty (2.5 per cent) and International students (2.5 per cent).(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)