Prime Minister Narendra Modi today laid the foundation stone for the permanent campus of Indian Institute of Management (IIM) at Sambalpur in Odisha through video conferencing.
Addressing the event, the Prime Minister said that from 13 IIMs in 2014, today the country has 20 IIMs.
He said that such a large talent pool can help strengthen Atmanirbhar Bharat.
He added that this vast talent pool within and outside the country can also help realise the goal of globalising brand India.
He said management experts can also play a vital role in making the local go global in the overall framework of an Atmanirbhar Bharat.
The Prime Minister emphasized that despite the COVID-19 pandemic, India has witnessed more number of unicorns in 2020.
He said, from the farming sector to space sector, the scope for startups is increasing, and most startups are coming up in tier II and III cities.
He said that the start-ups need effective managers who in turn need to not just run with the time but also ahead of the time to catapult brand India onto the global stage.
The Prime Minister said He said today's startups are the multinational companies of tomorrow adding that the youth have a huge responsibility towards Brand India.
The Prime Minister said that the real task of the management is not just to manage the institutions but also to improve
the lives of the people.
Stating that management is based on the broader concepts of innovation, integrity and inclusiveness, the Prime Minister said, those who are left behind in the race of development must also be included in the journey towards growth.
Extending his new year greetings to the people of Odisha in the vernacular, the Prime Minister spoke at length on the rich repository of mineral and forest resources of Odisha, art, culture, literature and handicrafts of Sambalpur region and said IIM Sambalpur will give a new identity to the State.
The Prime Minister said that the permanent campus of IIM Sambalpur will represent the great heritage of Odisha.
Speaking on the occasion, Chief Minister Naveen Patnaik said, IIM Sambalpur which was set up in 2015, has already proved its mettle.
He said he is delighted that the Prime Minister is laying the foundation stone for infrastructural development of IIM Sambalpur.
IIM Sambalpur is the first IIM to implement the idea of the flipped classroom where the basic concepts are learnt in digital mode and experiential learning takes place in the class, through live projects from the industry.
The Institute has also outscored all other IIMs in terms of the highest gender diversity with 49 per cent girl students in MBA 2019-21 batch and 43 per cent in MBA 2020-22 batch.