Dr Sanjeev Prashar of IIM Raipur and Sourav Roy of Tata Steel Foundation outline a partnership focused on social impact, policy, and inclusive development
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Classrooms move closer to communities through a new collaboration between IIM Raipur and Tata Steel Foundation
Jamshedpur, Raipur, Ranchi, January 15, 2026: Academic learning and grassroots development converged with the signing of a Memorandum of Understanding between Indian Institute of Management Raipur and Tata Steel Foundation, marking the beginning of a structured collaboration focused on social impact, public policy, sustainability, and inclusive development.
The MoU was formally signed and exchanged in the presence of senior representatives from both institutions. Attendees included Sanjeev Prashar, Director of IIM Raipur; Dr Saroj Pani, Dean Academics; Dr Navneeth Bhatnagar, Area Chair Strategy; Dr Rahul Hiremath; Dr Suneetha S; Dr Sandeep S from the MSI team; Sourav Roy, CEO of Tata Steel Foundation; and Dr Vinayak Kishore, Consultant Public Policy and Research.
The partnership also places emphasis on joint research and the creation of knowledge products that support indigenous community representation and inclusive development. Continuous knowledge exchange forms a key pillar of the collaboration, with both institutions sharing expertise to strengthen each other’s institutional capacities.
Sourav Roy stated that the partnership reinforces a shared commitment to embedding societal perspectives within leadership and management education. He added that combining academic depth with grassroots experience can help create meaningful learning journeys, generate relevant knowledge, and nurture leaders aligned with on-ground realities. He further noted that the collaboration would contribute to building stronger impact ecosystems and scaling learning models that support inclusive development.