The Indian Institute of Management (IIM), Sambalpur has decided to focus on drone technology research.

The institute has signed a memorandum of understanding with IG Drones, a Odisha-based drone tech and analytics company, for collaborative work in advanced applications of drone technology in business analytics, management strategies and public policy.

IG Drones will launch a drone centre of excellence at IIM Sambalpur’s Delhi Campus. The centre will serve as a hub for research, innovation and entrepreneurship in drone technology.

IIM Sambalpur director Dr Mahadeo Jaiswal said: “We are glad to sign an MoU and partner with the leading drone technology company, IG Drones, for advanced applications of drone technology in business analytics, management strategies, and public policy governance. It has been at the forefront of taking steps to become one of the leading IIMs in India.”

Founder and CEO of IG Drones, Bodhisattwa Sanghapriya, said: “This MoU is a testament to our commitment to driving innovation and fostering advancement in the drone technology sector by partnering with leading IIM in India. We believe that this partnership will not only benefit our company but also contribute to the growth and development of the drone ecosystem in India.”