Adani Group Launches Scholarship Program for MBA Students at IIM Kolkata

Overview of the Adani Group Scholarship

The Adani Group has introduced a scholarship initiative designed to nurture the next generation of business leaders while enhancing collaboration between academia and industry. This program specifically targets MBA students enrolled at IIM Kolkata, with six students set to benefit annually.

Selection Criteria and Benefits

Scholarship recipients will be chosen based on their academic achievements. The program not only provides financial support but also offers valuable industry exposure and opportunities to hone leadership abilities.

Financial Details of the Scholarship

The total scholarship amount of ₹1.62 crore will be distributed over a two-year period, with ₹81 lakh allocated each year. The disbursement will depend on the students' academic performance, rewarding those who excel.

Objective of the Scholarship Program

Subhashree R. Venkataraj, Senior Vice President of the Adani Group, emphasized that the initiative aims to cultivate a pool of internal talent. By supporting diligent and capable students, the program seeks to foster the development of future leaders.

Launch and Collaboration

This scholarship is part of the Adani Accelerated Leadership Program (AALP), established following a Memorandum of Understanding (MoU) between the Adani Group and IIM Kolkata. The program is designed to bridge the gap between students and the corporate sector, preparing them for future challenges.

Building Organizational Talent

Sagar Adani, Promoter and Executive Director of the Adani Group, stated that fostering talent is crucial for organizational strength. He believes this scholarship will empower young individuals to progress and establish their careers in the industry, providing not just financial aid but also a pathway to connect with the corporate world and gain practical experience.