Hyderabad : SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) Deemed-to-be University has signed memoranda of understanding (MoUs) with seven leading corporates across various sectors to produce skilled manpower in various categories.
The major objective of these MoUs is to produce skilled manpower across various sectors and thus fill the human resources gap between the growing demand and stagnant supply, says a release here.
The seven corporate with whom NMIMS has signed MoUs are The International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT), Patancheru (Telangana), Sri Bioaesthetics Private Limited, Hyderabad, Varsha Bioscience, and Technology India Technology Pvt. Ltd, Hyderabad, Tripura Biotech Limited, Hyderabad, Prathista Industries Limited, Hyderabad, Agri Life, Sangareddy (Telangana), and Vaishnavi Biotech Limited, Hyderabad.
As part of the memoranda of understanding (MoUs) signed between NMIMS University, applicable for all campuses, and these corporates will collaborate in imparting training and consulting services to prepare technical and managerial manpower. While Dr. Tapan Kumar Panda gave an overview of NMIMS and Hyderabad campus,
Under the agreement, NMIMS Campuses and these corporates will promote “academic and research collaboration in mutually accepted subjects, facilitate student and faculty exchange or visits, knowledge sharing and organise joint workshops, seminars, conferences and training programmes.
Dr Tapan Kumar Panda, Director NMIMS, Hyderabad, said, “I thank all my partners for giving NMIMS this opportunity to contribute to human resource and skill development for the country’s agriculture sector. As India leapfrogs from an import reliant a few decades ago in agriculture to becoming self-reliant and then huge strides in the export of value-added products, there will be an enhanced and continuous need for skilled manpower. We seek to fill in this gap by creating a symbiotic relationship with all my partners in various spheres of academics, research, and training across all sectors.”
Agriculture sector ranks second toward contributing to state GDP (SGP). The share of agriculture in total employment has jumped to 39.4% whereas manufacturing has dropped to 7.3%. Unemployment rates in rural and urban areas are estimated to be 1.3% and 6.9%. The unskilled workforce in Agriculture is 85% v/s the global average of 44%.
This industry-academia partnership will ensure consistent supply of high skilled workforce in the fast emerging agribusiness and agri tech sector in Telangana.
In today’s time, partnerships between industry and academia will be instrumental to advancing research and knowledge and creating a skilled workforce. Collaboration between industry and academia is key to catalyzing innovation and growth in technology. Hence, NMIMS is taking a step ahead to sign MoU and it is attended by top industry members.
Speaking on the occasion, Dr. Akshay Malhotra, Director, Shirpur campus highlighted the faculties at Shirpur campus and also stressed the need to produce more skilled manpower to support India’s growth story.
Established in 1981, NMIMS is today recognized as a globally reputed university with strong industry linkages. It offers multiple disciplines across 8 campuses that consist of 17 specialised schools, more than 17000 full time students, and about 750 full-time faculty members, 10 faculty members with Fulbright Scholarship and Humboldt International Scholarship for post-doctoral researchers.
The Shri Vile Parle Kelavani Mandal (SVKM) led the foundation stone of this esteemed university, with the aim to cater to the rising demand of management institutes in the country. It is known for its consistent academic quality and research-focused approach towards holistic education. SVKM’s NMIMS has been granted Category-I Deemed University status by Graded Autonomy Regulation 2018 by MHRD/UGC and NMIMS Mumbai Campus is NAAC accredited with a CGPA of 3.59.
