VISAKHAPATNAM: Indian Institute of Management, Visakhapatnam, entered into a memorandum of understanding with Hindustan Shipyard Limited (HSL) on Wednesday.
The MoU documents were exchanged between HSL CMD Commodore (Retd.) Hemant Khatri and IIM-V director Prof M Chandrasekhar in the presence of HSL director (Corporate Planning & Personnel) Commander (Retd.) JP Gupta and director (Finance & Commercial) SV Rambabu. All the faculty members of IIM-Vizag were also present. Hemant Khatri said that the MoU will facilitate mutually beneficial relationship between these two public-funded and public-spirited institutions towards enhancing the larger good of their stakeholders. The CMD also spoke about increased focus on ESG - Environmental, Social and Governance aspects. He said that it is a matter of pride for HSL to enter into partnership with IIMV and he is certain of visible transformation through the capacity building interventions.
“As part of the MoU, HSL will provide offers to work on live and action-research projects in the management domain to the MBA students of IIMV. Similarly, IIM-V will offer capacity building programmes to the personnel of the HSL. The two institutions will leverage their respective strengths in the larger public interest of the society,” said Khatri.
IIM-V director Prof M Chandrasekhar said: “For junior and middle-level officers of HSL, there shall be a minimum of three ‘on campus capacity-building programmes per financial year, of the duration of five full-days each.”