THEBUSINESSBYTES
BUREAU
SAMBALPUR,
MAY 8, 2026
The Indian Institute
of Management Sambalpur, one of India’s premier management institutions, has
taken a landmark step towards digital transformation by signing a Memorandum of
Understanding (MoU) with Mahanadi Coalfields Limited (MCL) to train 500 officers
from diverse disciplines in Artificial Intelligence (AI). The initiative aims
to drive innovation and enhance the core business of coal, business
development, operations, and process management.
The MoU was signed by
Keshav Rao, Director (HR), MCL, and Prof. Mahadeo Jaiswal, Director, IIM
Sambalpur.
Present during the
MoU signing ceremony were Uday Anant Kaole, CMD, MCL, Prof. Shikha Bhardwaj,
Chairperson, Executive MBA, IIM Sambalpur, along with senior leadership of MCL.
The collaboration marks a significant milestone in building future-ready and
tech-savvy leadership in the era of digital transformation.
Speaking on the
collaboration, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, said, “IIM
Sambalpur is committed to driving innovation-led management education and
building future-ready leaders for the AI era. This partnership with MCL
reflects our shared vision of leveraging AI and Machine Learning to transform
organisations through knowledge, technology-driven growth, and strategic
capability building.”
IIM Sambalpur is the
first institute in the world to implement AI education for its entire batch of
students across all functional areas of management.
The collaboration
marks a major leap for MCL, a subsidiary of Coal India Limited, as the company
moves to integrate cutting-edge technology into its operational and
administrative frameworks.
