Anum
Anum Ansari
Deputy Manager – Content
New Delhi, Updated on Mar 19, 2025 15:04 IST

The initiative was strategically designed to help participants navigate the complexities of modern workplace requirements. Led by distinguished faculty from IIM Indore, the sessions focused on building resilience, managing stress, and enhancing overall effectiveness in leadership roles.

Reliance Nippon Life Insurance Company Ltd. (RNLIC), in collaboration with TimesPro and the Indian Institute of Management (IIM) Indore, successfully conducted an exclusive Leadership Development Programme designed to equip RNLIC’s Branch Managers, Heads, and Area Managers with the cross-functional skills required for effective leadership in today’s rapidly evolving business landscape.

Residential Programme Tailored for the Future

TimesPro, an L&D training provider, organized a two-day residential program at IIM Indore. The initiative was strategically designed to help participants navigate the complexities of modern workplace requirements. Led by distinguished faculty from IIM Indore, the sessions focused on building resilience, managing stress, and enhancing overall effectiveness in leadership roles.

The programme employed a dynamic blend of learning activities including case studies, interactive discussions, business simulations, and team-building exercises. These activities were aimed at sharpening problem-solving, customer management skills, and strengthening collaboration among participants. By focusing on skill development, the programme empowered attendees to improve productivity, efficiency, and adaptability in their professional roles.

Given its overwhelming success, RNLIC plans to host multiple batches of this programme throughout the year to ensure continued leadership development at all levels.

Commitment to Organizational Excellence

Srinivas Ladwa, Chief Human Resources Officer at Reliance Nippon Life Insurance, expressed the company’s strong commitment to nurturing future leaders within the organization. He emphasized, “At Reliance Nippon Life Insurance, we firmly believe that nurturing future leaders at every level is the cornerstone of sustained organizational excellence. This partnership is a testament to our unwavering commitment to investing in human capital and cultivating a high-performance culture.”

Ladwa further elaborated on the significance of the program, noting, “Through our flagship leadership program – Samruddhi, we are empowering our teams with the acumen to drive operational excellence, make insightful decisions, and fortify our leadership pipeline. By honing management and decision-making capabilities, we are equipping our workforce to accelerate organizational growth while fostering agility, innovation, and customer-centricity.”

Bridging Gap between Industry and Academia

Q:   Does IIM Indore have 100% placement?
A:

Yes, IIM Indore secured 100% placements during the 2024 drive. The key highlights of IIM Indore placements for the Class of 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Highest package

INR 100 LPA (PGP and IPM)

INR 33.6 LPA (PGP HRM)

Average package

INR 25.68 LPA (PGP and IPM)

INR 22 LPA (PGP HRM)

Median package

INR 24.50 LPA (PGP and IPM)

INR 20.5 LPA (PGP HRM)

Total recruiters

150+ (PGP and IPM)

70 (PGP HRM)

Total students placed

594 (PGP and IPM)

Placement rate

100% (PGP and IPM)

Q:   What is the median package offered at IIM Indore?
A:

The IIM Indore median offered to PGP and IPM batch 2024 stood at INR 24.50 LPA. The course-wise IIM Indore median offered during IIM Indore placements between 2022 and 2024 is tabulated below:

Course

Median Package (2024)

PGP and IPM

INR 24.50 LPA

PGP HRM

INR 20.5 LPA

The table below showcases coursemedian package offered during IIM Indore placements between 2021 and 2023:

Course

Statistics (2022)

Statistics (2023)

Statistics (2024)

PGP and IPM

INR 24.09 LPA

INR 27.20 LPA

INR 24.50 LPA

PGP HRM

INR 19.60 LPA

INR 22.2 LPA

INR 20.5 LPA

EPGP

INR 23.60 LPA

INR 30 LPA

NA

Q:   Does IIM Indore offer a full placement guarantee? What is the latest placement record?
A:

The placements are good at IIM Indore. The institute recorded 100% placements for its PGP and IPM batches passing out in 2024. As per the latest report, the highest and average package offered to PGP and IPM students during IIM Indore placements 2024 stood at INR 100 LPA and INR 25.68 LPA, respectively. Further, over 150 recruiters visited the campus and placed 594 students of the batch 2024. The key highlights of IIM Indore placements for the Class of 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Highest package

INR 100 LPA (PGP and IPM)

INR 33.6 LPA (PGP HRM)

Average package

INR 25.68 LPA (PGP and IPM)

INR 22 LPA (PGP HRM)

Median package

INR 24.50 LPA (PGP and IPM)

INR 20.5 LPA (PGP HRM)

Total recruiters

150+ (PGP and IPM)

70 (PGP HRM)

Total students placed

594 (PGP and IPM)

Placement rate

100% (PGP and IPM)

Arun Kabra, President – Enterprise Business and CFO at TimesPro, highlighted the success of the partnership with IIM Indore. “We are delighted to partner with IIM Indore to deliver this cutting-edge leadership programme for RNLIC. At TimesPro, we are committed to empowering professionals with future-ready skills, enabling them to thrive in today’s fast-changing business landscape. This collaboration underscores our dedication to bridging the gap between academia and industry, driving impactful organisational growth.”

Academic Expertise Supporting Industry Leadership

Professor Himanshu Rai, Director of IIM Indore, underscored the role of leadership in driving organizational success. “Leadership is the cornerstone of organizational success. Through this programme, we aim to equip professionals with the tools necessary to lead with agility and resilience. As a pioneer in management education, IIM Indore brings unparalleled expertise in designing industry-aligned programmes that address critical skill gaps. This programme, offered in collaboration with TimesPro, further strengthens our commitment to aligning academic insights with industry requirements.”

The successful collaboration between RNLIC, TimesPro, and IIM Indore highlights the increasing importance of leadership development in today’s dynamic business environment. As organizations like RNLIC continue to invest in the skill-building of their leaders, such programs are expected to play a crucial role in shaping the future of the workforce, ensuring that professionals are prepared to meet challenges head-on and lead with confidence.

The programme’s success marks just the beginning, and with plans for multiple batches throughout the year, RNLIC is set to continue empowering its leadership team with the tools needed to thrive in an ever-evolving business world.

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Anum Ansari
Deputy Manager – Content
"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme Read Full Bio

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