IIM Sambalpur, RAI Partner to Strengthen Retail Education

• IIM Sambalpur partners with RAI to enhance retail education and skills.
• Students gain practical experience through conferences, events, and industry exposure.
• Collaboration fosters future-ready managers for India’s growing global retail sector.

The Indian Institute of Management (IIM) Sambalpur has entered into a memorandum of understanding (MoU) with the Retailers Association of India (RAI) to bolster retail education, skill enhancement, and research via improved cooperation between industry and academia.

The project aims to create an engaging learning platform that assists students in understanding the changing retail environment, acquiring practical experience, and building skills that correspond with present industry demands.

The MoU was executed by IIM Sambalpur director Prof Mahadeo Jaiswal and RAI’s director of Retail Learning & Member Relations, Lawrence Fernandes, in front of faculty members, students, and RAI representatives. According to the agreement, IIM-Sambalpur will obtain academic membership from RAI, providing access to RAI’s vast industry network and numerous collaborative opportunities.

The collaboration will allow the institute to take part in major retail conferences and events such as the Retail Leadership Summit, ReTechCon, and the Retail HR Tech Summit, offering students and faculty important insights into new trends, innovations, and best practices in the retail industry.

Also Read: Google Launches Skilling Program for Indian Startup Founders

Furthermore, RAI will partner with IIM-Sambalpur in hosting the institute's Annual Retail Conclave and will assist in offering international exposure to students and faculty via tailored industry visits and engagements with prominent global retailers.

The collaboration emphasizes IIM Sambalpur’s dedication to encouraging industry-oriented learning approaches and RAI’s commitment to advancing retail excellence via education, training, and skill enhancement. The two institutions collaborate to develop future-oriented managers who can guide India’s vibrant retail sector toward continued growth and international competitiveness.