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IIM Sambalpur Propagates “Brand in India” Initiative for Viksit Bharat@2047 in Collaboration with RAI

Newsmantra — Thu, 04 Dec 2025 12:17:19 +0000

Under the Conclave, IIM Sambalpur Signs MoU with IIMC

December 03^rd, 2025; Bengaluru: One of the premier B-Schools of India, Indian Institute of Management IIM Sambalpur (IIM Sambalpur), hosted Brand in India Conclave – Curtain Raiser at its Sambalpur campus in collaboration with Retailers Association of India (RAI). Under this initiative, IIM Sambalpur has signed a Memorandum of Understanding (MoU) with the Indian Institute of Mass Communication (IIMC) Delhi & Dhenkanal (Odisha), premier National Media Institute under the Ministry of Information & Broadcasting Department.

The Brand in India Conclave- Curtain Raiser was graced by Bijou Kurien, Chairman, RAI as the Chief Guest, Dr. Lawrence Gregory Fernandes, Director, RAI, Mr. Madhu L Nag, Registrar & ADG, IIMC, Mr. Anand Pradhan, Regional Director, IIMC Dhenkanal and Prof. Mahadeo Jaiswal, Director, IIM Sambalpur. The event aims at celebrating India’s evolving brand identity and highlights inspiring regional entrepreneurial stories. In this events different brands like Shoppers Stop ,Reliance Retails Ventures Limited ,Lava International, Think as consumer. Taneira Titan, Brand Architects, KPMG Consulting, Go CrackIt, Tamalaa Art Merchandise, Sakshi Handloom etc.

Under the MoU, the institutes will jointly offer a range of academic programs, professional training, faculty and student exchanges, and research projects, across subjects such as Media Business Management, Corporate Communication, Brand Management, Digital Marketing, Crisis Communication, Sustainability Communication, Business Journalism, etc.

Speaking on the occasion, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, “Brand in India represents how India thinks, creates, and leads on the global stage. As we build Brand in India, IIM Sambalpur’s pioneering 3C Framework—Content, Communication, Connectivity—a structured model aimed at redefining how strong, sustainable brands are created in India and across the world. The institute was recently ranked alongside Harvard Business School as one of the most innovative business schools in the world. The MoU with IIMC will open meaningful ways for research, training, and professional growth, benefiting our students, faculty, and the wider media and management community.”

Bijou Kurien, Chairman, RAI as the Chief Guest said, “In a country as complex and multicultural as India, we naturally develop a deep understanding of diverse customer segments. Today, more than ever, India stands at a powerful moment of opportunity. We are not just building brands for our own markets, to build brands that can inspire and influence the world.”

Madhu L Nag, Registrar & ADG, IIMC, added, “We are delighted to formalise this collaboration between IIMC Delhi and IIM Sambalpur. This MoU is one step toward the development of academic excellence, knowledge, and capacity building between these two leading institutions. We are looking forward to a meaningful and result-oriented engagement in the days ahead.”

The Brand in India Curtain Raiser at IIM Sambalpur highlighted how Odisha’s emerging brands are contributing to India’s evolving identity by highlighting local innovation, cultural authenticity, and purpose-driven entrepreneurship.

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India’s Real GDP Surges 8.2% in Q2 FY26, Driven by Strong Tertiary-Sector Growth : PHDCCI

Newsmantra — Tue, 02 Dec 2025 12:51:19 +0000

India’s economy (real GDP growth) expanded by 8.2% in Q2 FY 2025–26, compared to the growth rate of 5.6% recorded in Q2 FY 2024–25, primarily propelled by robust growth in the tertiary sector.

India’s economy has continued to develop steadily; in the second quarter of FY 2025–2026, real GDP increased by 8.2%. The nominal GDP growth of 8.7% demonstrates India’s consistent progress towards Viksit Bharat@2047, said Mr. Rajeev Juneja, President of PHDCCI in a press statement issued here today.

The tertiary sector’s rise was the main driver of this expansion, followed by the secondary sector. For Q2 FY 2026, the manufacturing sector expanded by 9.1% (Y-o-Y), while the tertiary sector had strong growth of 9.2%. Within the tertiary sector, the financial, real estate & professional services grew at 10.2% (Y-o-Y) for the same period. This trend points towards India’s steady and robust development, boosted by structural policy reforms by the government”, said Mr. Juneja.

The continuous rise in Gross Fixed Capital Formation (GFCF), which increased by 7.3% in Q2 FY2026, indicates the government’s CAPEX expenditure impetus, giving a positive push to productive capacity. Private final consumption spending increased by 7.9% during the same period, indicating that strong domestic demand and consumption led the push for economic growth, he said.

The persistent and consistent GDP growth of India reflects significant policy steps undertaken by the government towards Viksit Bharat@2047. Y-oY growth is showing a consistent uptrend in GDP at market prices for last four consecutive quarters. It increased from 6.37% in Q3 FY 2024-2025 to 8.23% in Q2 FY 2025-2026. Based on sequential quarter-on-quarter growth, GDP growth after a dip in Q1 FY2025-26 (-6.7%) is moving towards its long-term mean reversion growth rate of 1.7%.

India’s GDP trajectory is also being supported by robust consumption, and a planned decrease in MPC rates along with a softening trend of CPI and WPI inflation, he added.

According to Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI, the government’s ongoing focus on improving ease of doing business, bolstering supply chains, and structural reforms is anticipated to accelerate India’s development momentum.

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Govt To Launch ‘NAVYA’ To Empower Adolescent Girls Through Vocational Training

Newsmantra — Tue, 24 Jun 2025 09:44:10 +0000

In a significant move towards women-led development under the Viksit Bharat@2047 vision, the central government has announced the launch of NAVYA—Nurturing Aspirations through Vocational Training for Young Adolescent Girls—in Sonbhadra, Uttar Pradesh. This joint pilot initiative by the Ministry of Women and Child Development (MWCD) and the Ministry of Skill Development and Entrepreneurship (MSDE) aims to empower girls aged 16 to 18 who have completed at least Class 10, by providing targeted vocational training, especially in non-traditional sectors. The programme emphasizes inclusivity by focusing on aspirational and underserved districts across 19 states, including many in the North-East, and seeks to open new employment avenues for young women, fostering confidence and economic participation.

The scheme will leverage existing national initiatives like PM Kaushal Vikas Yojana (PMKVY) and the PM Vishwakarma scheme to ensure high-quality skill development and institutional convergence. The launch event, attended by senior ministers Jayant Chaudhary and Savitri Thakur, will feature interactions with girl trainees and the distribution of certificates, symbolizing the programme’s commitment to enhancing employability and instilling ambition. NAVYA aspires to play a transformative role in shaping India’s socio-economic landscape by enabling adolescent girls to participate actively in emerging economic sectors and contribute to the nation’s inclusive growth.

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Agritech Pavilion at second edition of Startup Mahakumbh to drive Innovation, Investments & Impact for ‘Viksit Bharat@2047’

Newsmantra — Fri, 21 Mar 2025 06:46:04 +0000

Vineet Rai, Founder Aavishkaar Group to Chair Agritech Pavilion at Second edition of Startup Mahakumbh

NABARD to be lead partner

New Delhi; March 20, 2025: Member of the Organizing Committee of Startup Mahakumbh and Chair of the Agritech panel, Founder and Vice Chairman of Aavishkaar Group, Vineet Rai, will be anchoring the Agritech Pavilion at the 2nd Edition of the Startup Mahakumbh, the world’s largest celebration of innovation and Entrepreneurship, set to take place from April 3–5, at Bharat Mandapam, New Delhi. C M Patil, Chief Executive Officer of KrishiKalpa Foundation will be the Co-Lead of the Agritech Pavilion.

With the focal theme as ‘Startup India @ 2047—Unfolding the Bharat Story’, the convening will feature 3,000+ startups, 1,000+ investors and incubators, 10,000+ delegates from 50+ countries, creating an unparalleled platform to shape the future of India’s entrepreneurial landscape.

Supported by Next Bharat Ventures, Aavishkaar Capital and Intellecap, part of the Aavishkaar Group, and IIT Kharagpur, the Agritech pavilion will celebrate startups and technologies driving sustainable agriculture and improving livelihoods across rural India.

The overwhelming participation and response from entrepreneurs and innovators alike from the previous edition has resulted in a more interactive and creative format for this edition. With ~100 promising startups alone being showcased, there will also be an ‘Agri-Bazaar’, bespoke Masterclasses, and exciting discussions with Agritech luminaries at the Summit. As a 1st time addition to the Summit, the ‘Startup Maharathi Challenge’, with a funding pool for INR 30Cr, will provide an opportunity for visionary startups to showcase transformative solutions, secure nation-wide recognition, and access the right funding and mentorship to scale.

“Startup Mahakumbh as the name suggest is the grand celebration of Indian Startup ecosystem. As the member of Startup Mahakumbh Organizing Committee and as Chair and Lead of the Agritech Pavilion, we look forward to welcoming exciting new startups to showcase their transformative capacity, specifically in the space of Agriculture and Rural Development. As we chart the course towards ‘Viksit Bharat@2047’ the Agritech pavilion will showcase how Indian farmers are sharing their experience with the startup founders and their technological prowess to paint a new narrative around food security, job creation and income enhancement. At the Agritech Pavillion, farmers and stock market experts, venture funds, Investment bankers, agritech startups and farmer producer companies, would weave a rich tapestry of insights, ideas, investments and impact.” shared Vineet Rai, Founder and Vice Chairman, Aavishkaar Group.

Aavishkaar Group is also delighted to present NABARD as the lead partner of the Agritech pavilion. As the pre-eminent institution of choice for building rural India, the partnership will shed light on the latest advancements, disruptive technologies, and opportunities reshaping the future of agriculture in India. NABARD is India’s apex development finance institution promoting sustainable, equitable agriculture and rural development. This pivotal collaboration highlights NABARD’s commitment to nurturing the agri-sector’s growth and innovation. At the pavilion, NABARD will also showcase 30 startups from their cohort, showcasing the dynamic and transformative potential within India’s agri startup ecosystem.

Shaji KV, Chairman, NABARD said, “Innovation and entrepreneurship in rural India are the cornerstones of inclusive development. By fostering startups, we empower communities, strengthen agriculture, and pave the way for a sustainable future, NABARD will continue to provide support for initiatives that propel the agritech ecosystem to make strides in the agriculture space. At Startup Mahakumbh, we aim to highlight the contributions of the enterprises we support and scale, to our agri-ecosystem. We look forward to a brighter, more sustainable future for agriculture in India.”

The ‘Entrepreneur-first’ agenda will ensure that Startups get unprecedented access to one-on-one mentoring sessions, live pitches, best practices on Governance, and the opportunity to participate and win Awards for their startup innovations. The Startup Mahakumbh agenda has been curated to facilitate a vibrant exchange of ideas and best practices at the forefront of agricultural innovation in India.

The comprehensive program is curated by an Organizing Committee featuring prominent leaders from India’s startup ecosystem. Led by FICCI, the key organizers include ASSOCHAM, Nasscom, TiE, IVCA and Bootstrap Foundation. The event is well supported by the Department for Promotion of Industry and Internal Trade (DPIIT), reinforcing its commitment to fostering innovation and entrepreneurship at a national level.

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SCOPE hosts Session on ‘Envisioning Corporate India for Viksit Bharat@2047’

Newsmantra — Wed, 21 Aug 2024 05:55:00 +0000

Standing Conference of Public Enterprises (SCOPE) organized an engaging session on ‘Envisioning Corporate India for Viksit Bharat@2047’.

The event was addressed by Prof. K. V. Subramanian, India’s ED to International Monetary Fund and Former Chief Economic Advisor of India; Shri Hemang Jani, Senior Advisor to ED, World Bank; Shri Sandeep Kumar Gupta, Chairman, SCOPE & CMD, GAIL and Shri Atul Sobti, DG, SCOPE and Member, Governing Body, ILO.

Featuring a Book reading of ‘India @100’ and thought sharing by Prof. K. V. Subramanian, the program touched upon the four-pillar strategy for India’s inclusive and sustained growth and the roadmap for the country to achieve the goal of becoming US $55 trillion economy by 2047. The intriguing, interactive session was participated by over 300 participants from across the country.

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