Indian Institute of Management Visakhapatnam and Hindustan Shipyard Limited (HSL) signed a Memorandum of Understanding (MOU), for collaboration in training, consultancy, special talks, and placements, on 8 September 2021, at a special ceremony at the IIM Visakhapatnam campus. Commodore Hemant Khatri, Chairman and Managing Director of HSL, and Dr M Chandrasekhar, Director, IIM Visakhapatnam, signed the MOU on behalf of their respective institutions. Commodore Hemant Khatri, in his address, emphasized on the transforming nature of public-sector organizations of India and importance of continuous learning and intrinsic motivation for the managers and workers of today. Dr Chandrasekhar, in his speech, expressed IIM Visakhapatnam’s commitment to developing training and consultancy offering specifically catering to the needs of HSL and upholding its spirit of trust, quality, and competitiveness.

Commodore J P Gupta, Director, Corporate Planning and Personnel, HSL, Shri SV Rambabu, Director, Finance and Commercial, and Dr MV Anuradha, Chair, Executive Education Programs, IIM Visakhapatnam, also addressed the audience. The event was also attended by Dr Rajendra Kumar and Dr Somasundaram, dignitaries from Hindustan Shipyard Limited, and faculty members from IIM