Mumbai, 13 October 2025: Indian Institute of Management (IIM) Raipur, a leading institution recognized for Building Business Owners proudly celebrated its 16th Foundation Day on October 11, 2025, celebrating sixteen years of pioneering excellence and leadership in management education, innovation, and leadership development. The event brought together eminent leaders from academia and industry to reflect on the institute’s journey and envision its role in shaping the future workforce.
The celebration was graced by three distinguished guests, Prof. Bharat Bhasker, Director, Indian Institute of Management Ahmedabad; Mr. Sambasivan G, CFO, Tata Play; and Mr. Rajeev Jain, Senior Vice President, Corporate Marketing, DS Group. The event also served as a platform to honor the unwavering commitment of IIM Raipur’s faculty and staff members through Certificates of Appreciation for their years of dedicated service. In addition, outstanding PhD scholars were felicitated for their academic excellence and research contributions, reaffirming the institute’s strong emphasis on fostering innovation and advancing knowledge.
Speaking on the occasion, Prof. Sanjeev Prashar, Director-in-charge said, “The Foundation Day is a reminder of how far we’ve come and a reaffirmation of where we aspire to go. Over the past sixteen years, IIM Raipur has not only built a strong academic ecosystem but has also emerged as a hub for innovation, research, and industry collaboration. As we look ahead, our focus is on nurturing future-ready leaders who can navigate complexity with agility, empathy, and purpose. We are committed to expanding our global footprint, deepening our industry connect, and driving meaningful impact for society.”
Additionally, Prof. Bharat Bhasker, Director IIM Ahmedabad, emphasized the importance of technological fluency coupled with human-centric leadership, while Mr. Sambasivan G, CFO, Tata Play highlighted the increasing demand for multi-disciplinary and agile thinking in corporate decision-making. Mr. Rajeev Jain, Senior Vice President, Corporate Marketing, DS Group shed light on how brand storytelling and consumer-centricity are reshaping marketing in a fast-changing world.
Over the past sixteen years, the institute has achieved numerous remarkable milestones, securing a prominent position in national rankings and expanding its PGP student strength to 343 in 2025. Demonstrating strong industry engagement and a growing corporate reputation, IIM Raipur recorded exceptional placement outcomes for the Class of 2025, with the highest CTC reaching ₹43.4 LPA, and the average and median CTCs at ₹19.7 LPA and ₹18.5 LPA, respectively. The institute has also established international collaborations and is in the final stages of securing AACSB International accreditation, reflecting its commitment to delivering world-class management education.
IIM Raipur’s academic excellence is underscored by its faculty’s prolific research contributions, including publications in globally reputed journals such as those listed in the prestigious FT50. The institute aims to further expand its academic portfolio by introducing new MBA and Executive MBA programs, establishing a dedicated Centre for Entrepreneurship, setting up Research and Excellence Centres, and strengthening its Incubation Centre to foster innovation, research, and entrepreneurial growth.
Complementing these achievements, the steady growth of its PhD program with successful graduates, extensive training and consultancy engagements with government and PSUs, meaningful strides in gender diversity, and specialized initiatives such as STEM programs, SIDBI collaborations, and the MBA in Public Policy reflect IIM Raipur’s deep academic commitment and growing societal impact.
The evening commenced with a warm welcome to all attendees, followed by a serene Saraswati Vandana, setting a graceful tone for the celebration. A thought-provoking panel discussion, moderated by Dr. Ritu Gupta, offered deep insights into the evolving landscape of skills shaping the workforce of tomorrow. The distinguished panelists shared compelling perspectives on digital transformation, innovation, adaptability, and ethical leadership, emphasizing their role as defining competencies for the next generation of professionals.
A special Foundation Day film was showcased, beautifully capturing the milestones, growth trajectory, and transformative impact of Indian Institute of Management Raipur over the past sixteen years. The ceremony concluded with a heartfelt vote of thanks delivered by Dr. Mrunal Chavda, followed by the National Anthem, bringing the celebration to a dignified close. The evening ended on a warm and interactive note with a networking session over refreshments, fostering meaningful conversations and connections.