Amitabh Kant visits IIM Sambalpur, emphasises its role in powering India's growth

IANS May 20, 2025 270 views

Former NITI Aayog CEO Amitabh Kant visited IIM Sambalpur, highlighting the critical role of premier institutions in India's economic transformation. During his interaction, he emphasized the need for innovation and technological advancement to achieve the country's ambitious $30 trillion economic target. Kant stressed that IIMs and IITs will be instrumental in driving India's growth trajectory across multiple sectors. He also praised Sambalpur's economic potential, noting its significant contributions to electricity and aluminum production.

"IITs and IIMs will play an important role in increasing our GDP by 9 times" - Amitabh Kant
Amitabh Kant visits IIM Sambalpur, emphasises its role in powering India's growth
Sambalpur: , May 20 (IANS) India’s G20 Sherpa and former CEO of NITI Aayog Amitabh Kant on Tuesday spotlighted the role of Indian Institute of Managements (IIMs) in powering the country’s growth and also explained how crucial their contribution was in shaping the growth trajectory.

Key Points

1

G20 Sherpa emphasizes crucial role of management institutions in national development

2

Highlights need for innovation in emerging technologies

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Discusses Sambalpur's significant economic contributions

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Proposes making Sambalpur the greenest district

Amitabh Kant flagged the importance of the country's prestigious institutions and emphasised their role in realising the ‘developed India’ dream during his visit to IIM Sambalpur in Odisha. He also interacted with the professors and students of IIM Sambalpur during his visit.

Speaking to reporters, Amitabh Kant said that the world was beset with a multitude of challenges and such institutions will play a vital role in taking the economy to the $30 trillion target.

“There are many global challenges with the advent of new technologies like artificial intelligence and quantum computing. As we pursue the 'developed India' dream, the path to becoming an economy of more than 30 plus trillion dollars from 4 trillion dollars will have to be traversed. This means that we will have to increase our GDP by about 9 times, per capita income by 8 times and manufacturing by 16 times. IITs and IIMs will play an important role in this. "

Emphasising the need for innovation, Amitabh Kant said, "India's startups need innovation. We need new technology in everything from batteries, solar, and electric mobility. This is why the Government of India has created campuses like IIM Sambalpur.”

He further said that the district holds immense potential as it contributes significantly to India's economy.

“The electricity produced here is supplied to seven states of the country. About 75 per cent of aluminium is produced here in Sambalpur," he added.

He also proposed to make Sambalpur the greenest district of the country and asked for IIM’s leadership regarding this.

Reader Comments

Here are 6 authentic Indian perspective comments for the article:
R
Rajesh K.
Great to see focus on institutions beyond the usual IIMs/IITs! Sambalpur has huge potential and this recognition is well deserved. Hope more such tier-2 cities get similar attention. 🇮🇳
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Priya M.
While the vision is inspiring, I wonder if our education system is truly preparing students for these ambitious goals. More practical industry exposure needed along with theoretical knowledge.
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Arjun S.
Sambalpur becoming greenest district? Excellent idea! But will need more than just IIM's leadership - requires community participation and government support. Hope this vision becomes reality 🤞
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Sneha R.
The $30 trillion target seems too ambitious no? But then again, who thought India would become 5th largest economy 20 years back! With right policies and institutions, maybe possible. Jai Hind!
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Vikram J.
Good to see focus on innovation. But most IIM grads still prefer safe corporate jobs over startups. Need to change this mindset if we want to be truly innovative economy.
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Neeta B.
As someone from Odisha, proud to see Sambalpur getting national attention! Our state has so much untapped potential. Hope this brings more opportunities for local youth 🙏

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Tags:
Amitabh Kant IIM Sambalpur India Economic Growth NITI Aayog Innovation Higher Education