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Today’s startups are the multinational companies of tomorrow, Prime Minister Narendra Modi said today after laying the foundation stone for the permanent campus of IIM Sambalpur, Odisha, via video conferencing today.
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 of the country, PM Modi said. The permanent campus of IIM Sambalpur will represent the great heritage of Odisha, the Prime Minister stated.
Despite the COVID-19 pandemic, India has witnessed more number of unicorns in 2020. The youth have a huge responsibility towards Brand India, he added.
Till 2014, there were 13 IIMs in India. Today, there are 20 IIMs. Such a large talent pool can help strengthen the ‘Atmanirbhar Bharat’ campaign, PM Modi emphasized.
Present on the occasion, Chief Minister Naveen Patnaik said, set up in 2015, IIM Sambalpur 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.
In just about five years IIM Sambalpur has been able to cast its positive impact upon the hierarchy of educational institutions in Odisha and Odisha has a tradition of excellence in education since ancient times, he added.
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 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.
Odisha Governor Professor Ganeshi Lal, Union Education Minister Ramesh Pokhriyal Nishank, Union Ministers Dharmendra Pradhan and Pratap Chandra Sarangi were present on the occasion.
The ceremony was virtually attended by over 5,000 invitees including officials, industry leaders, academicians and students, alumni and faculty of IIM Sambalpur.
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