The pact between IIT Guwahati and TECC aimed at enhancing cultural and educational exchange.

Signing

The MoU was signed by Prof. Devendra Jalihal, Director of IIT Guwahati, and Mr. Peters Chen, Director of the Education Division TECC.

Also present were, Deans and senior representatives from both institutions.

This agreement heralds a new chapter in the collaborative efforts between India and Taiwan in the field of education, technology enhancement and industry interaction, say sources from IIT Guwahati.

Director of IIT Guwahati

Prof. Devendra Jalihal, Director, IIT Guwahati highlighted the institution’s commitment to fostering international educational ties and providing its students with diverse learning opportunities.

This collaboration with the Taipei Economic and Cultural Centre is a pivotal moment for our institute, as it aligns with our mission to offer our students a truly global education, he said.

By integrating Mandarin language instruction into our curriculum and building strong connections with leading Taiwanese institutions, we are not only enhancing our students’ linguistic skills but also broadening their understanding of different cultures, said Director of IIT Guwahati.

This partnership opens new academic, industry and research opportunities, allowing our students to explore diverse educational pathways and develop a deeper appreciation for the global landscape, especially in semiconductor industries, he said.

We are excited about the possibilities this collaboration brings and are confident that it will significantly contribute to the holistic development of our students, he said.

Teachers

Under this collaboration, TECC will assist IIT Guwahati in recruiting Mandarin teachers who are experts in designing curriculum and evaluating foreign language courses.

These teachers will conduct Mandarin language courses over the required semesters, helping to broaden students’ linguistic skills and cultural understanding, specifically those interested to pursue internships and careers in Taiwan semiconductor and agritech industries.

In return, IIT Guwahati will provide the necessary infrastructure to establish the Taiwan Education Centre on campus, where classes, seminars, and bilateral exchange programs will be conducted.

Centers

After COVID-19, the Education Division of TECC has established 25 Taiwan Education Centres in India. Along with 10 established earlier, today’s MOU marked the 36th Taiwan Education Centre in India.

It’s glad that we will work together to provide students with Mandarin language skill, Taiwanese culture and more exchange programmes between universities of India and Taiwan, he said.

We will recruit a Taiwanese teacher soon come to campus. The teacher will also hold the Test of Chinese Language as Foreign Language (TOCFL) at campus if there are students who hope to take the test and get certificate.

In addition, students will have better opportunities for further studying in Taiwan majoring in the interested fields with scholarship, he said.

Aim

This collaboration aims to introduce Indian students to Mandarin language learning by offering access to high-quality instruction from qualified teachers.

In doing so, IIT Guwahati seeks to equip students with valuable linguistic and cultural skills that are increasingly important in today’s globalized world.

The partnership is also designed to deepen bilateral ties between IIT Guwahati and Taiwanese universities.

By facilitating academic exchanges, and other collaborative endeavors, this initiative will create a robust network of cooperation, strengthening educational and cultural connections between the two regions.

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The MoU will remain in effect for three years from the date of signing, with provisions for amendment and extension.

This study highlights how entrepreneurs driven by sustainability navigate the complexities of aligning economic objectives with broader societal and environmental goals, even under the pressure to prioritize profit alone, say sources from IIM Lucknow.

Values

The research emphasises how sustainability-oriented values in founders drive Sustainable Business Model Innovation (SBMI), say sources from IIM Lucknow.

This ripple effect fosters a larger ecosystem of sustainable businesses, redefining success to include positive contributions to environmental and social well-being alongside profitability.

Research

Prof. Krishna Chandra Balodi, Strategic Management, IIM Lucknow spoke about the research.

Our research illustrates the transformative influence of founders’ sustainability values on business models that address pressing global challenges, said Prof Krishna of IIM Lucknow.

These entrepreneurs redefine success by integrating their principles into their ventures, striking a balance between profit and meaningful environmental and social impact, he said.

Suscom

The research centers on “Suscom,” a startup renowned for its sustainable practices. By delving deeply into Suscom’s operations, the study revealed that the founders’ values permeate every facet of the business—from product innovation to strategic partnerships.

These values are rooted in a blend of influences, such as family upbringing, sustainability-focused education, and early career experiences with non-profits advocating for environmental and social causes, say sources from IIM Lucknow.

Attention

The research also brings attention to the unique challenges faced by sustainable startups, such as:

Recruiting employees with a sustainability mindset: Building a workforce aligned with the company’s goals.

Eco-friendly sourcing: Procuring sustainable raw materials.

Green logistics: Finding partners who offer environmentally friendly logistics solutions.

Collaborative partnerships: Working with like-minded stakeholders.

Innovative strategies: Developing creative, low-tech production methods that minimise energy consumption and environmental impact.

Standout findings

One of the standout findings is Suscom’s use of traditional and indigenous techniques to reduce energy consumption.

These methods not only align with global decarbonisation efforts but also present an eco-friendly alternative to high-energy industrial processes, say sources from IIM Lucknow.

Significance

As businesses worldwide face mounting pressure to address sustainability and climate change, this research underscores the significance of value-driven leadership, say sources from IIM Lucknow.

It serves as a beacon for entrepreneurs to adopt sustainable practices that not only ensure financial viability but also contribute meaningfully to societal and environmental progress, say sources from IIM Lucknow.

Personal values

By offering valuable insights into how personal values can catalyse sustainable innovation, the study reinforces the need for business leaders to think beyond profits and prioritise long-term, equitable growth.

In 2005, IIM Lucknow expanded its area of influence in the realm of management education by becoming the first IIM to set up a satellite campus exclusively for Executive Education at NOIDA in Delhi NCR region.

IIM Lucknow is accredited by AACSB and AMBA while its EQUIS Accreditation is ongoing. The institute features in the prestigious FT -100 Top Global Business schools for both the 2-year Flagship PGP program and One-year IPMX Program.

It is also consistently ranked amongst top business schools in the NIRF Rankings. IIM Lucknow was the first IIM to start a 2-year full time MBA program in Sustainable Management 10 years back. It also has a long-standing full-time MBA program in Agri Business Management.

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