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Hyderabad, 11th<\/sup> March 2022:<\/strong> SVKM\u2019s Narsee Monjee Institute of Management Studies (NMIMS) has been roped in by the Ministry of Defence\u2019s Armoured Vehicles Nigam Limited (AVNL) for designing and implementing training and skill development programmes for its officers.<\/p>\n As part of the memorandum of understanding (MoU) signed between NMIMS Hyderabad and AVNL\u2019s \u2018knowledge centre\u2019 \u2013 AVNL Institute of Learning (AVNLIOLMK), Medak \u2013 the two parties will collaborate in imparting training and strategic consulting services to AVNL\u2019s technical and managerial manpower. The MoU was signed on March 8th<\/sup>, 2022\u00a0 by Mr. Ashok Gupta, Head of AVLN Institute of Learning, Medak and Dr. Tapan Kumar Panda, Director NMIMS, Hyderabad. Under the agreement, NMIMS Hyderabad and AVNL IOLMK will promote \u201cacademic and research collaboration in mutually accepted subjects, facilitate student and faculty exchange or visits, knowledge sharing and organise joint workshops, seminars, conferences and training programmes.\u201d<\/p>\n Speaking about the MoU with NMIMS, Mr. Ashok Gupta, Head of AVNL Institute of Learning, Medak,<\/strong> said: \u201cRapid technology and scientific advancements in defence manufacturing globally have necessitated the Indian industry to continuously upgrade their manpower skill sets<\/em>. At IOL, Medak, it has always been our constant endeavour to facilitate skill upgradation and knowledge development of our officers in tandem with the changing needs of the organisation and emerging global trends. Our collaboration with NMIMS will enable our officers to acquire the latest skills and knowledge in the areas of management and other technical aspects of the industry.\u201d<\/em><\/p>\n Dr. Tapan Kumar Panda, Director NMIMS, Hyderabad<\/em><\/strong>, added: \u201cI thank AVNL for giving NMIMS this opportunity to contribute to human resource and skill development for the country\u2019s defence sector. As India leapfrogs from importing technology to becoming self-reliant in the areas of defence manufacturing, designing and innovation, there will be an enhanced and continuous need for skilled manpower. We seek to fill in this gap by creating a symbiotic relationship with AVNLIOLML in various spheres of academics, research and training for AVNL officers.\u201d<\/em><\/p>\n Ordnance Factory Medak is one of the 5 Ordnance Factories under Armoured Vehicles Nigam Ltd., The unit was established in 1984 for indigenous production of Infantry Combat Vehicles(ICVs) at Yeddumailaram in Sangareddy District of Telangana State. In a restructuring process, the Ministry of Defence (MOD) had corporatized the ordnance factories into AVNL. The learning centre at Medak has been assigned responsibility to train and develop manpower in the area of artificial intelligence, marketing, industry 4.0 and quality management.<\/p>\n About SVKM\u2019s NMIMS University:<\/strong><\/p>\n Established in 1981, NMIMS is today recognized as a globally reputed university with strong industry linkages. It offers multiple disciplines across 8 campuses that consist of 17 specialised schools, more than 17000 full time students, and about 750 full-time faculty members, 10 faculty members with Fulbright Scholarship and Humboldt International Scholarship for post-doctoral researchers. The Shri Vile Parle Kelavani Mandal (SVKM) led the foundation stone of this esteemed university, with the aim to cater to the rising demand of management institutes in the country. It is known for its consistent academic quality and research-focused approach towards holistic education. SVKM\u2019s NMIMS has been granted Category-I Deemed University status by Graded Autonomy Regulation 2018 by MHRD\/UGC and NMIMS Mumbai Campus is NAAC accredited with a CGPA of 3.59.<\/p>\n <\/p>\nEstablished in 2010, NMIMS Hyderabad has carved a place for itself as an elite B-school, known for its academic excellence, research-based pedagogy, and highly-regarded faculty. It is the youngest B-school in the country to get the prestigious and coveted AMBA accreditation in 2016. It was ranked the top 5 and top 6 Emerging B-Schools in 2017 and 2016, respectively.<\/h5>\n