PM Modi lays foundation stone of permanent campus of IIM Sambalpur in Odisha

Today’s startups are the multinational companies of tomorrow, Prime Minister Narendra Modi said today adding that the scope of startups is increasing from farming to the space sector.

Prime Minister Modi laid the foundation stone for the permanent campus of IIMSambalpur, Odisha, via video conferencing today. Most startups are coming up in tier II and III cities of the country. From the farming sector to space sector, the scope for startups is increasing,” said PM Modi on the occasion.

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. I am delighted that the Prime Minister is laying the foundation stone for infrastructural development of IIM Sambalpur.

In just about five years it (IIM Sambalpur) has been able to cast its positive impact upon the hierarchy of educational institutions in Odisha,” said Mr. Patnaik. 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, the statement said.

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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