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Chhattisgarh Cabinet Approves 40 Acres for NMIMS B-School Campus

Chhattisgarh cabinet has cleared 40 acres for the Narsee Monjee Institute of Management Studies, aiming to boost higher education in the state.

Nava Raipur, India — The Chhattisgarh government has taken a significant step towards enhancing higher education in the state by clearing 40 acres of land for a new campus of the Narsee Monjee Institute of Management Studies (NMIMS). This decision, made during a cabinet meeting chaired by Chief Minister Vishnu Deo Sai, marks a pivotal moment for education in the region, as it aims to provide quality management education to local students and professionals.

The land, located in Sector-18 of Nava Raipur Atal Nagar, will be leased to the Mumbai-based Shri Vile Parle Kelavani Mandal (SVKM) for a period of 90 years. This initiative is expected to significantly boost the educational landscape in Chhattisgarh, which has been striving to improve access to quality higher education. The NMIMS is renowned for its management programs and is ranked 52nd in the National Institutional Ranking Framework (NIRF) University Rankings for 2025.

As the state government pushes forward with this development, it also approved a Memorandum of Understanding (MoU) with Software Technology Parks of India (STPI) to establish four new entrepreneurship centers in Nava Raipur. This dual approach of enhancing higher education while fostering entrepreneurship is designed to create a robust ecosystem for students and startups alike.

Why NMIMS is a Game Changer for Chhattisgarh

The establishment of an NMIMS campus in Chhattisgarh is particularly significant for several reasons. First, it addresses the growing demand for quality management education in the region. As the economy evolves, professionals with advanced management skills are increasingly sought after. The new campus aims to cater to this demand by offering specialized courses that align with industry needs.

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As the economy evolves, professionals with advanced management skills are increasingly sought after.

Moreover, NMIMS is known for its innovative teaching methods and strong industry connections. Students will have access to internships and placements with leading companies, which is crucial for their career prospects. This is especially important in a state like Chhattisgarh, where many students may not have had the opportunity to study in premier institutions located in metropolitan areas.

Additionally, the NMIMS campus in Nava Raipur is expected to attract students from neighboring states, further enhancing the educational profile of Chhattisgarh. This influx of students can lead to a vibrant campus culture and stimulate local economies through increased demand for housing, food, and other services.

Furthermore, the decision to establish entrepreneurship centers in collaboration with STPI complements the educational initiatives. These centers will focus on technology startups, especially in sectors like Artificial Intelligence, MedTech, and Smart Agriculture. By fostering innovation and providing resources for budding entrepreneurs, the state is laying the groundwork for a sustainable economic future.

Career Opportunities for Graduates from NMIMS

With the launch of the NMIMS campus, prospective students can look forward to numerous career opportunities. The management programs offered will equip graduates with essential skills, making them highly employable in various sectors. Here are some key implications for students and professionals:

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  • Increased Employability: Graduates from NMIMS will be well-prepared for the job market, thanks to the institute’s strong curriculum and industry connections.
  • Diverse Career Paths: Students can pursue careers in management, finance, marketing, and entrepreneurship, among other fields.
  • Networking Opportunities: NMIMS’s reputation and alumni network will provide students with valuable connections in the business world.
  • Skill Development: The curriculum will focus on both theoretical knowledge and practical skills, ensuring graduates are job-ready.

As Chhattisgarh continues to develop its educational infrastructure, the NMIMS campus will play a crucial role in shaping the future of management education in the state.

Chhattisgarh Cabinet Approves 40 Acres for NMIMS B-School Campus

However, some experts caution that while the establishment of the NMIMS campus is a positive step, it may not address all the challenges facing higher education in Chhattisgarh. Concerns have been raised about the need for quality faculty and adequate infrastructure to support the expected influx of students. According to a report by the Indian Council for Research on International Economic Relations, simply building new campuses is not enough; there must be a focus on maintaining high educational standards.

As Chhattisgarh continues to develop its educational infrastructure, the NMIMS campus will play a crucial role in shaping the future of management education in the state.

The Future of Higher Education in Chhattisgarh

The establishment of the NMIMS campus is just one part of a larger trend towards improving higher education in Chhattisgarh. As the state government continues to invest in educational initiatives, we can expect to see more institutions setting up campuses in the region. This could lead to a more educated workforce, which is essential for attracting businesses and fostering economic growth.

Furthermore, the collaboration with STPI to create entrepreneurship centers signals a shift towards a more innovation-driven economy. As technology continues to evolve, the demand for skilled professionals in IT and related fields will only increase.

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With these developments, Chhattisgarh is positioning itself as an emerging hub for education and entrepreneurship. As the state moves forward, the success of initiatives like the NMIMS campus will depend on continued investment in both infrastructure and quality education. Will this new campus be the catalyst for a broader transformation in the region’s educational and economic landscape?

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As technology continues to evolve, the demand for skilled professionals in IT and related fields will only increase.

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