IIM Sambalpur Hosts 10th Edition of Its Annual Business Conclave ‘Marmagya’

BHUBANESWAR: Indian Institute of Management, Sambalpur (IIM Sambalpur) hosted the 10th edition of its flagship annual business conclave, Marmagya.

The theme for this year’s conclave was ‘Navigating Businesses in a Multipolar World: Ideas for Viksit Bharat 2047’. 

IIM Sambalpur is taking a milestone step with this event to inspire students to develop adaptive and globally relevant leadership skills while guiding businesses to collaborate with India’s vision of becoming a developed nation by 2047.

The event was attended by Abhishek Naidu, Global Head of Operations at Google, Atul Kharate, Chief Operating Officer at Indian Oil Adani Ventures and Vardhaman Agarwal, Director at EY.

The conclave brought together students, entrepreneurs, and industry leaders from across the country, reflecting IIM Sambalpur’s commitment to fostering an Atmanirbhar Bharat through innovation, leadership, and collaboration.

It saw participation from senior representatives of leading organizations such as Google, EY, Indian Oil, Adani Ventures, Aditya Birla Group (UltraTech Cement), HCL Tech, ZOHO, Cushman & Wakefield, and other prominent companies, highlighting its role as a premier platform for exchanging ideas and shaping the future of Indian business.

“India’s vision of Viksit Bharat 2047 can be achieved through three models. First, increasing women’s participation in the workforce, as highlighted by Claudia Goldin’s (Nobel-laureates in Economics 2023). Second, inclusive model of governance  institutions,  highlighted by  Daron Acemoglu, Simon Johnson & James A. Robinson, ( Nobel laureates in Economics 2024). Third, innovation and technology to create  fresh ideas, and creative transformation which is vital for a sustainable economy by Joel Mokyr, Philippe Aghion & Peter Howitt  (Nobel-laureates in Economics 2025). Over the past decade, each edition of Marmagya has reflected the core of the business world, bridging the gap between academia and industry. From deep insights and strategic partnerships to operational excellence, this event provides a premier platform to foster the Make in India initiative,” Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, said in his inaugural speech.

On the transformative potential of AI, Chief Guest of the event, Abhishek Naidu stated, “AI can empower education in underprivileged communities. IIM Sambalpur deserves praise for being the first IIM to integrate Data Science and AI into its curriculum.”

Atul Kharate, COO, Indian Oil Adani Ventures, remarked, “In the coming decade, India is set to become the third-largest crude oil processor, supplying petrochemical products globally. Growth in heavy industries and MSMEs is shaping a sustainable, strong economy.”

“Marmagya is more than a business conclave- It is a leadership laboratory anchored in Innovation, Integrity, and Inclusiveness. IIM Sambalpur is shaping not just managers, but nation builders,” Vardhaman Agarwal, Director, EY, said.

This year, Marmagya began with an announcement where IIM Sambalpur introduced the Incubation Hub and Alumni Incubation Scheme as part of the curtain raiser for Marmagya 10.0 in Delhi, promoting entrepreneurial activities across the country.