There are two separate worlds: Academia and Industry. Both have very different goals and mindsets. These are two important pillars of Indian society. A Robust collaboration between the two is essential for the growth of the Indian society. This partnership is of course essential for growth of both the sectors and for producing a job-ready workforce.
Nobody can argue that innovations in the educational system have greatly impacted the way business operates. Due to these innovations students entering the job market are equipped with knowledge of new technologies and management systems. In fact countries like the US reach out to the educational institutions to bring innovations into the workspace. Funding for research in specialised areas is available and research output is readily implemented by industry. A stereotypical image of pure academic research projects and the attitude of corporate towards scholars are some of the issues which need to be dealt with in India, if it needs to surpass China and other Western nations.
Associations like NIPM can play a pivotal role in bringing together academia and industry. In fact they have made a healthy beginning with conducting STUNA'18 earlier this year to bring stalwarts in Industry to the academic world to enrich the dreams of young management students. We hope they bring several such events in future.
Apart from short reports on the issue stated above, the regular features related to the Karnataka chapter are part of this edition. We hope to receive positive feedback from the readers.