The two-day summit brought together leaders from academia and industry to explore the transformative power of Artificial Intelligence (AI) in modern business practices.
The Himalayan Business Summit (HiBS) 2025, organized by the School of Management at IIT Mandi, concluded after two days of insightful discussions and engaging interactions. Held from January 18 to 19, the summit gathered industry leaders, renowned professionals, and academic experts to explore the role of Artificial Intelligence (AI) in shaping the future of business and innovation.
The event began with an official welcome address by Professor Anjan K. Swain, Chairperson of the School of Management, who introduced the vision behind HiBS and the significance of AI in the future of business leadership. Professor Manoj Thakur, followed by providing an overview of IIT Mandi's efforts to bridge the gap between academia and industry, underscoring the institution's commitment to nurturing future leaders in AI and business.
A highlight of the event was the keynote address by Anup Purohit, Global CIO at Wipro Limited, who shared valuable insights into how organizations can harness AI to align their business strategies, foster innovation, and drive digital transformation. His address set the stage for the series of in-depth panel discussions that followed.
Panel Discussions Explore AI's Impact on Business
The summit featured a series of expert panel discussions that delved into various aspects of AI and its application in business:
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AI-Powered Personalization: Tailoring Products and Services
Moderated by Karun Jalali, Director at Deloitte, the first panel discussion focused on how AI is being used to create personalized experiences in today’s competitive business environment. Industry experts, including Nilesh Biniwale from Pattern India, Dr. Tanushyam Chattopadhyay from Adani AI Labs, and Sarosh Kumar from Cognizant, shared valuable insights into the growing role of AI in customizing products and services. -
AI-Driven Business Intelligence: Unlocking Data-Driven Insights
The second panel discussion, moderated by Dr. Vinay Kumar, explored the vast potential of AI-driven business intelligence in transforming raw data into actionable insights. Experts like Abhijit Dutta (Accenture), Sumanyu Panda (SKLasS.AI), and Sidharth Balakrishna (BOD Consulting) discussed how businesses can leverage data for a competitive advantage. -
AI & Cybersecurity: Protecting Digital Assets
The final panel discussion, moderated by Samir Datt from Foundation Futuristic Technologies, addressed the critical issue of AI in cybersecurity. Panelists, including Mr. Venkatagiri (KFin Technologies), Ajay Sabnani (Genexa.AI), and Arnab Banerjee (Micron Technology), explored the evolving threats to digital assets and the role AI plays in securing them.
Mentorship Sessions and Networking Opportunities
A standout feature of HiBS 2025 was the mentorship sessions, where students had the chance to interact directly with industry leaders. These one-on-one sessions allowed students to discuss career opportunities, emerging technological trends, and real-world business practices, providing them with invaluable insights. The event also offered excellent networking opportunities, helping students establish connections with industry professionals and gain guidance for their future careers.
Cultural Night: Celebrating Creativity and Diversity
The first day of the summit concluded with a cultural night that showcased the diverse talents of IIT Mandi's students. The event featured traditional Mandiyali dance, music, and various performances, celebrating the vibrant culture of the region and providing a lively end to an intellectually stimulating day.
Case Competition: Students Showcase Innovative Solutions
A major highlight of the summit was the case competition, where MBA students from IIT Mandi presented their innovative solutions to contemporary business challenges. Their critical thinking, problem-solving abilities, and analytical skills were lauded by the esteemed jury, which included leading industry experts.
Q: Is it worth doing BTech from IIT Mandi?
Q: Why are IITs popular in India?
Indian Institute of Technology (IIT) is a group of Engineering and Technology institutions in India. This network of institutes came into existence in 1950. These institutes run under the guidance of the Ministry of Education and Government of India. There are currently 23 IITs in India across different states of the country. IITs have a reputation that is recognised in India and across the globe.
Over the years, the students graduating from these institutes have grabbed good placement offers from the top industry giants. Some of the key reasons of why one should choose an IIT:
Q: What all extra curricular activities are offered by IIT Mandi?
IIT Mandi love has various co-curricular and extra-curricular activities that ensures a very strong all round development of student's personality. One of the best advantages of being in a new IIT is that almost all students get to play a very important role in the organising of various events, thereby honing their managerial skills.Many groups of like minded students have formed various societies in order to pursue their interests.
The Tech-savvy students have formed various clubs related to Technology. Some of them are as follows:
- Robotics Club: An active society which conducts regular workshops and "RoboWars" for the "Robo" Freaks
- Programming Club: A society, especially for the coders, to explore new possibilities in programming and to put their skills to test at the same time
The summit concluded with a valedictory address by Dr. Ashish Bollimbala, who commended the collaborative efforts of all participants, organizers, and mentors in making HiBS 2025 a resounding success. He emphasized the importance of bridging academia and industry and the need for continued collaboration to tackle real-world challenges.
Fostering Growth and Learning for the Next Generation of Leaders
HiBS 2025 provided a wealth of learning and growth opportunities for MBA students, especially in understanding the latest developments in AI and its impact on business. The event not only featured insightful discussions and mentorship sessions but also highlighted the importance of bridging the gap between academic knowledge and industry requirements. By fostering an environment of collaboration and interaction, the summit successfully empowered students to engage with industry stalwarts and gain insights into emerging trends that are shaping the future of business. The diverse cultural evening added a refreshing touch to the event, reinforcing the importance of creativity, teamwork, and cultural exchange.
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IITs are prestigious institutes for technology courses. IIT Mandi stands at 33rd position among the country’s top Engineering colleges as per NIRF 2023 rankings. The institute also has a good placement record. During the IIT Mandi 2023 placements, as per media reports, the highest and average packages offered stood at INR 60 LPA and INR 25.23 LPA, respectively.