Xavier School of Management (XLRI) Jamshedpur has signed a memorandum of understanding with Trident Group, an Indian business conglomerate for academic collaboration.

XLRI established in 1949 with its campuses in Jamshedpur and Delhi NCR is amongst the premier B-schools while Trident Group is headquartered in Ludhiana and operates in three major business segments — textile, paper and chemicals.

“The MoU signed earlier this week is for academic collaboration to promote excellence in common areas of interest, imparting knowledge and skills that are required for XLRI students in their corporate journey. Director of XLRI Father S. George and Padma Shri recipient Rajinder Gupta, founder and chairman emeritus, Trident Group signed this MoU,” said a release issued by the institute.

As a part of the MoU, Trident Group will educate and enlighten XLRI’s post-graduate diploma in management and general management program students about different functions in the organisation, multiple career paths and gradual progression curve.

This would happen via campus engagement for the entire batch. Campus engagement programs, leadership talks, student interaction sessions will also be conducted.

“With a vision to nurture responsive ethical future business leaders, XLRI accepts collaborations from corporates keeping in mind the industry requirements and changing business landscape. Foreseeing these situations, XLRI has joined hands with The Trident Group. When budding business leaders interact with successful entrepreneurs, they get to know about their struggles and by taking notes of their journey it also prepares them for the struggle that they may face in the path to success,” read a statement of Father S. George in the release.

Rajinder Gupta also addressed PGDM (GM) students after signing of the MoU.

He discussed how the business landscape is evolving with time and technology. He shared his entrepreneurial journey and talked about all the challenges and difficulties he faced and how he managed to overcome them. “Entrepreneurship is all about how you survive when you don’t have any options. It’s all about the mindset to tackle the problems you face in your journey.”

He also spoke about the Vision of Trident and how in the coming years, they want to grow and capture the market share to survive in the textile sector.

He also mentioned that they are soon going to enter the market of biofuel.

The session witnessed an active participation from over 120 students and other management staff members.

“XLRI as an institution aims to nurture global leaders for the greater good and we strongly believe that this collaboration will help budding executives and managers of today to hone their skills to lead their organizations in the future,” said a release.