IIM-V, Hindustan Shipyard Limited collaborate for capacity building, research programmes

The MoU was signed by HSL CMD Commodore (Retd.) Hemant Khatri and IIM-V Director Professor M Chandrasekhar in the presence of HSL Director (Corporate Planning & Personnel) Commander (Retd.) JP Gupta and Director (Finance & Commercial) SV Rambabu.

Indian Institute of Management (IIM) Visakhapatnam signed a memorandum of understanding with Hindustan Shipyard Limited (HSL) on September 8. According to the official press note, the MoU was signed by HSL CMD Commodore (Retd.) Hemant Khatri and IIM-V Director Professor M Chandrasekhar in the presence of HSL Director (Corporate Planning & Personnel) Commander (Retd.) JP Gupta and Director (Finance & Commercial) SV Rambabu. The signing took place in the presence of all the faculty members of IIM-V.

According to HSL CMD Commodore (Retd.) Hemant Khatri the signing of the MoU will enable 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 the 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,” the press release informed.

Talking about the collaboration, Hemant Khatri said, “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.”

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. Likewise, there will be a minimum of one “on campus” capacity-building programme for the senior officials of HSL,” said Prof Chandrasekhar.

In order to focus on the functional domains of management such as business environment, decision sciences, organisational behaviour & human resources, and production & operations management and strategy, the institute has also organised capacity-building programmes for the junior and mid-level officers. This programme will help in building the knowledge and skills of the participants focusing on leadership development.

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