Jaipuria Institute of Management - Indore Souvenir

7/28/2019 Jaipuria Institute of Management - Indore Souvenir

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Saturday, May 11, 2013

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JAIPURIA INSTITUTE OF MANAGEMENT, INDORE

Dakachya, Indore Dewas Highway, Near Shipra Naka, Indore- 453771

P. +91 731 3069300, 3069309 | F. +91 731 3069325

Toll Free: 1800 300 69300

Email: [email protected]


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FIRST ANNUAL CONVOCATION

I congratulate all of you on this very auspicious ceremony of the

convocation of Jaipuria Institute of Management. I must commend

the Institute which has a rich legacy of being in the field of

education since 1945 and has made a significant contribution in

the management education field with four well established

campuses in Lucknow, Noida, Jaipur and Indore. Your students

have attained major positions all over the world. Jaipuria is being

recognized as a reliable name in management education. The

credit for this goes to both the faculty members and the students of

this institute. For without one, the other can't deliver.

You are among the few shining stars in the field of management

education. Only recently I went through an ASSOCHAM report which

concluded that business schools are fast losing recognition in the

corporate world. Only 10 per cent pass outs from management

schools have been found worthy of being employed. Campus

placement has seen a slide of 40 per cent during past four years.

As many as 180 management schools closed down during 2012

only. Another 160 such schools are still struggling for survival.

These facts and figures are alarming.

We need to find out the reason for this downslide. The report has

attributed this fall due to lack of proper management education. It

seems the management schools are not aware of needs of the

corporate world. There is hardly any coordination between

management institutions and the corporate. This picture of

education is shocking in a country which is being projected as one

of the emerging economic superpowers.

The number of business schools has grown three folds during past

five years to 4500. MBA seats too grew four times - from 95

thousand to 3.6 lakh during the same period. But these numbers

don't inspire hope. As job opportunities haven't grown in the same

proportion as management institutes and MBA seats. Andhra

Pradesh alone has 940 management schools and 65000 seats.

This is probably the highest in the country. Being a leader in

quantity doesn't necessary mean being number one in quality too.

Rate of economic growth has steadily declined during past

nine years to reach its lowest point. This obviously impacteddemand of management graduates. Management institutes which

proliferated rapidly in the hope of 8 to 9 per cent growth rate, had to

face the consequences.

The students too can't escape their share of blame. Because at the

time of admission, they care only about placement and good salary

package caring two hoots about quality of education of that

institute. In such atmosphere institutes too didn't feel the need to

improve their quality. Their theory-based courses are genera

from practical needs of the corporate, especially the la

communication skills. This shortcoming needs to be rectified

But hope is yet not lost. You know better that India and China

economic superpowers by 2050. India might even overtake

But, a look at our preparations blights such a scenario.

Today people like Indira Nooyi and Anshu Jain can be coun

fingertips who reached the pinnacle of global economy. I

enough. We need to have a long list of such names. Th

be possible only when our management schools p

the best possible education. We need to strengthe

knowledge-economy to achieve nmero uno position in

economy.

This convocation has provided us an opportunity to reali

dream of shaping a robust India. I am from a leading Media

and in our world; we often say that country needs good man

more than good leaders. People are disappointed with po

leadership, feel that strengthening country's economy th

good management can also solve many other problems plagu

Good strategy, planned preparation and skilled team can l

stupendous results. This formula applies equally to corpora

the government. People now understand this. If inste

politicians, they are looking at you with hopeful eyes; it no

augurs well for your profession but also increases the bur

responsibilities on your shoulders.

I trust students of this institute will live up to these expect

I hope to see the glimmer in their eyes, of the dream to m

strong India, wherever they work. If we can contribute eve

slightest bit in realizing this dream, we would have made o

and education meaningful.

Congratulations once again to all of you.

Chief Guest's Message

Shri Ramesh Chandra AgarwalChairman, Dainik Bhaskar Group


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Shri Ramesh Chandra Agarwal Ji, Chief Guest of the occasion,

Shri Shreevats ji, Vice Chairman, Dr. Pankaj Gupta,

Director General, Dr. J P Upadhyay, Director of the Institute,

distinguished members of Academic Council, esteemed Faculty

Members, Staff Members, distinguished Invitees, dear Graduating

Students, respected Parents, members of Media, Ladies and

Gentlemen!

I extend a very warm welcome to our Chief Guest Shri Ramesh

Chandra Agarwal Ji, Chairman, Dainik Bhaskar Group who in spite

of his very busy schedule has taken the time out to give our

students his blessed advice for their future endeavour.

I also extend a very warm welcome to all of you on this very joyous

occasion, the First Convocation Ceremony of Jaipuria Institute of

Management, Indore.

Let me start with congratulating the graduating students and their

proud parents on this momentous day. Today is a red letter day in

the life of the graduating students, as they have reached a major

milestone and are rearing to face the challenges and capitalise onthe opportunities of the business world.

I also congratulate all the members of Jaipuria Institute of

Management Indore - the Director, Dr. J P Upadhyay, the faculty

members and the entire administrative staff for nurturing, guiding

and grooming its first batch of graduates in successfully

completing their PGDM and securing good placements; an

admirable accomplishment for a campus which started its

operation just a few years ago.

Now, that you are ready to step into the world of corporate, let me

broadly portray the landscape of business and economy you will be

working in. According to the World Economic Outlook released by

the International Monetary Fund in April 2013, while the world

economy is projected to grow at 3.3 per cent in 2013, India is

projected to grow at 5.7 per cent in 2013 and at 7 per cent in 2018.

Thus, India is going to continue in its growth trajectory and maintain

its position as the second fastest growing economy of the world.

The corporate world looks at India as the land of opportunities in

view of its fast economic growth and ever expanding market.You being the future leaders of business must broaden your

perspective and develop an insight to understand the multifarious

challenges and myriad opportunities in the emerging scenario and

work accordingly to make a mark of success for the organisations

you work with and also for your own self.

India is a young nation and going to grow even younger in years to

come. At a time when the major countries of the world, such as

China, Japan and South Korea are facing a serious demographic

squeeze, India enjoys a remarkable demographic dividend.

We have more than 60 per cent of our population in the age group

of 15 years to 65 years which is the working age. According to a

report of the International Labour Organisation, by 2020 India will

have 116 million workers in the age bracket of 20 to 24 years,

as compared to China's 94 million. Further, the average age in India

by the year 2020 will be 29 years as against 40 years in USA, 46

years in Japan and 47 years in Europe. Hence, you need to develop

a global mindset to tap and enjoy the opportunities globally.

We have a large number of people who lie at the bottom of the

pyramid. There are around 750 million people who still do not get

the minimum calorie of 2400 a day to keep their body and soul

together. The market for most of the products and services is

beyond their reach. Businesses need to find innovative ways

and means to bring these people in the fold of the development

domain. The endeavour of Mr. Mohamed Yunus Hassan in

Bangladesh in this direction which earned him the Noble Prize is

instructi ve. Let me tell you, the next wave of economic growth inIndia has to come from inclusion of the people lying at the bottom of

the pyramid in the process of economic growth. And therefore, you

should not look at them as problem, but, consider them as an

opportunity and accord them priority.

Finally, I would like to conclude by quoting Mr. Jonas Salk The most

meaningful activity in which a human can be engaged is one that is

directly related to human evolution. This is true because human

beings now play an active and critical role not only in the process of

their evolution but in the survival and evolution of all living beings.

Awareness of this places upon human beings a responsibility for

their participation in and contribution to the process of evolution. If

mankind would accept and acknowledge this responsibility and

become creatively engaged in the process of conscious

development, a new reality would emerge, and a new age would

dawn and I am very much confident that you will shoulder this

responsibility and prove to be not only effective managers but

sensitive and conscious human beings ensuring preservation and

protection of the environment and taking the society forward.I once again congratulate you and wish you the very best in your

personal and professional lives in the times to come.

Thank you & Jai Hind

Chairmans Message

Shri Sharad JaipuriaChairman, Jaipuria Institute of Management

Graduates of Jaipuria Institute of Management, Indore please

accept my warmest congratulations on accomplishing this mile

stone in your life all because of you own hard work, and

perseverance. Through your two year engagement with us, we have

simply tried to build a strong foundation for the future.

Even though this foundation includes technical knowledge of

Finance, Marketing, Human Resources and other academic

subjects. I hope you will realize that academics is only part of your

learning here. As important if not more, is to develop a mindset for

continuous learning. Even as there will be no examinations and

quizzes anymore, you will be required to learn and relearn from real

life situations everyday. And again, this learning will not be

restricted to finance formulae, and marketing techniques, b

require you to understand and manage people, thei

their needs and their aspirations above all else.

I firmly believe you are all set to take on the world in your own w

Wishing you all success, health and wealth in future.

Vice Chairmans Message

Shri Shreevats JaipuriaVice Chairman, Jaipuria In stitute of Management

FIRST ANNUAL CONVOCATIONFIRST ANNUAL CONVOCATION 2


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The convocation ceremony is a great opportunity for us to

appreciate and acknowledge wonderful work done by faculty,

students & staff of Indore Campus under the dynamic leadership of

Director Dr. JP Upadhyay and under the inspiring mentorship of

Sharad Ji, Anjali Ji and Shreevats Ji.

While we feel proud on our achievements, our goal is to consistently

raise the bar on teaching learning outcomes, constant up

gradation of the curriculum to keep it relevant with the emerging

requirements of the business world, greater integration of

technology to take learning beyond classroom & campus, higher &

deeper engagement of students and faculty members and making

a big difference for the society as well.

I would advise you to choose your career based on your natural

'Ruchi' 'Yogyata' and 'Vishwas'. Follow excellence and perform your

duties with total dedication and passionate ownership and

everything else will follow. Believe in your dreams, success &

success alone and don't entertain any thought of failure. 'Life's

biggest battles don't always go to faster or stronger man, but theman who thinks he can.' If you are sure about your success &

dreams, it is definitely going to manifest, as per the Universal 'Law

of Attraction and Belief'.

The clarity of your vision will decide how far you can go in your

career. Your passion will determine the strides you will make and

your world view will determine the route you may take to get to your

destination. You will have to carve out your own chartered path to

glory and you must create your own mandate for growth.

Toughen up your body and soul, fuel your passion to excel and be

prepared to walk through the stony path.

The world is changing very fast and new growth opportunities and

challenges are emerging across the world. As you are graduating

this day you are already equipped with the success formulae and

the technical knowledge among others. However, your endeavor

should be to keep learning always and give your best and make a

difference in whatever field and whichever organization you are

working. Only by contributing the best in your current job,

next level of growth will be possible.According to Bhagwat Gita, Luck is a combination of

opportunity and preparation.So you are already prepared now

and opportunity has come your way, but it should be your endeavor

to do your best and keep adding new knowledge and new skills; and

in this way you will always be successful. But success does not

mean only material success. Success also means how much inner

success you are able to get, so for that matter you also need to tone

up your life skills and practice meditation, silence, contemplation,

reflection etc.

You need to continuously build on your 'KASH' balance

everyday Knowledge, Attitude, Skills and Habits. So if you're going

to be richer by that, it is going to make a big difference in your life.

And also keep reflecting everyday - write your own reflecting notes

from the learnings of life, what you're getting everyday how the

whole day went about, could you have done certain things in a

different way and to always have a lifelong learning attitude. This

habit will always help you in going ahead in your chosen field of

endeavor. Invest yourself in these 5 areas on a daily basis

SPICESpiritual + Physical + Intellectual + Community +

Emotional.

Also, find time to relax, smile, do some random act of kindness, and

above all be grateful for what you have got; always feel grateful to

your parents, guru's, your company, your bosses, your peers, your

colleagues. So this feeling of gratefulness will get more and more

bliss and happiness in your life. Happiness doesn't mean gettingeverything for your own self, but also in giving, which will make sure

that you will get lot and lot of happiness in life.

Finally, when you are working in an organization, work in a true spirit

of being a professional. I wish to quote Mr. Subroto Bagchi who has

mentioned in his book The Professional. He says 'Professional

is somebody who work unsupervised, who is proactive and he /she

is the one who declares completion of any task as per his / her

own standard'. I wish you all the very best in your professional

endeavors.

May God Bless You Always! Jai Hind!

The Chief Guest of the day, Shri Ramesh Chandra Agarwal Ji,

Chairman, Dainik Bhaskar Group, Shri Sharad Jaipuria Ji,

Chairman, BoG, Shri Shreevats Jaipuria Ji Vice Chairman, Members

of the Governing Board, Distinguished guests, members of our

Faculty, members of administrative staff, graduating students,

parents, our first year students, media persons, ladies and

gentlemen!

It gives me great pleasure to welcome you all to this historic

occasion of the Annual Convocation Ceremony when the first batch

of graduates of Jaipuria Institute of Management, Indore will be

receiving their diploma. Today, we are privileged to have amongst

us Shri Ramesh Chandra Agarwal Ji, Chairman, Dainik Bhaskar

Group, whose distinctive vision and leadership has not only

redefined the business of journalism and made Dainik Bhaskar the

market leader in its segment but also made Dainik Bhaskar a

diversified corporation having businesses ranging from real state

to producing iodized salt. I am sure, our graduating students will be

inspired by the august presence of Shri Ramesh Chandra Agarwal ji

and they will dare to experiment their ideas in order to redefine thebusiness landscape and make new landmarks in their respective

fields of career. Sir, I would like to extend a very special welcome to

you to Jaipuria Institute of Management, Indore.

It is my privilege to welcome the Chairman-Board of Governors, Shri

Sharad Jaipuria Ji whose deep belief in the institution of education

as the main driving force in building of a progressive and

prosperous society and a country has resulted into four

Management Institutes, one each at Lucknow, Noida, Jaipur and

Indore. Sir, we are overwhelmed with your gracious presence and I

would like to put on record your personal care and whole hearted

support to our every single initiative at Indore campus. Let me also

acknowledge the kind presence of Shri Shreevats Jaipuria Ji,

Vice-Chairman, whose dynamism and vision for professional

education is guiding force in shaping up of the Jaipuria Group of

Institutions including the Indore Campus. I would also like to

acknowledge the kind presence of Dr. Pankaj Gupta, Director

General, Jaipuria Institutes of Management and the distinguished

members of Academic Council who have always been availablewith their support and guidance in our endeavor to build Jaipuria

Institute of Management as an Institution of Excellence.

As the Director of the Institute, it is my privilege to present before

you a brief account of our journey with important milestones

covered during last two years.

Progress Report

The Jaipuria Institute of Management, Indore was set

6th May 2010 and it started its operation in 2011. The inst

spread over an area of 10 acres with built up area of 699

Meter. Situated in a picturesque location, the campus

institute is equipped with all the modern amenities includi

fully equipped class rooms and tutorial rooms, library, com

lab, admin block, well equipped hostels, cafeteria and mes

academic programme commenced in July 2011 with the first

of 37 students.

Academics

Our philosophy of institution building at Jaipuria has been th

excellence in work comes through well defined system

processes, with transparency, trust and mutual respect emb

in it. Inspired with this philosophy and factoring that we are a

institute, our focus has been to lay the academic foundatio

put in place systems and processes of academic deadministration and quality assurance. We are happy to repo

in a year we have been able to double the number of facu

build the capacity of the Programme office and complete

statutory documentation. We have also adopted flexi timi

increase the academic bandwidth for incorporating add

academic and extracurricular activities.

At Jaipuria Indore we have been striving to create a stimu

learning environment by way of encouraging and facil

collaboration amongst students, faculty and practitioners

industry. Members of faculty are sensitized to align their ped

with the principle of adult learning and to use diverse pedag

tools and techniques to cater to varied learning styles of stu

We have also institutionalized the practice of tutorial class

weak students in specific area and also for those student

missed classes in view of their official engagements

responsibilities. With increase of academic resources our bas

elective courses has expanded over the years and student

wider choices of elective courses.

At Jaipuria we have a 3 tier institutional framework for cont

updation and up gradation of curriculum with inputs from re

in academia and views of practitioners in business. At apex le

have Internal Academic Council (IAC) followed by Jaipuria Aca

Area Council and finally at each institute we have quality ass

cell, result is our curriculum is matched with the best pract

academia and aligned with the need and demands of industr

Director Generals Message

Dr. Pankaj GuptaDirector General, Jaipuria Institute of Management

Director's Message &Annual Report

Dr. Jai Prakash UpadhyayDirector, Jaipuria Institute of Management Indore



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Shodh Samiksha Faculty Research Seminar was started to foster

and promote research activities at the Institute. Focus of Shodh

Samiksha is to provide a platform to the faculty members to

showcase their research work along with a forum where cross

functional contemporary topics can be discussed and debated.

The forum inspired and encouraged faculty members to share their

research and seek value adding feedbacks from colleagues.

We believe that an open, collegial and participative work

environment is critical for securing the buy-in and ownership of

faculty in the institutional development. At Jaipuria Indore we

encourage and involve members of faculty in the governance of the

institute. Our administrative and academic issues are discussed

and resolved in Faculty Council meetings. More than 20 Faculty

Council Meetings were conducted during the period to discuss and

resolve various academic and administrative issues.

Students Engagement

We at Jaipuria, Indore are guided by the philosophy that students

are the very reason of our being. Students are accordingly an

active partner and at the core of the teaching-learning process of

the institute. Jaipuria Indore, being a fully residential campus,

provides us 24x7 accesses to students and also facilitates group

work and activities beyond the class room.

We give our students ample opportunities to organize and

participate in events throughout the year and 'learn by doing'.

In order to structure, blend and align the student activities with

academics and professional development agenda of the institute,

we have instituted seven different clubs that roll out diverse set of

activities and events in their respective thematic areas. Club

activities on a daily basis range from organizing quizzes on current

affairs, or steering language lab or conducting a debate on socially

relevant issues, or merely enjoying a moment of leisure watching a

movie, or learning new software.I am happy to report that in a very short span of time each of the

seven clubs besides conducting routine activities, have been able

to organize a national level conclave/seminar on emerging themes

in their respective areas. The theme of the Marketing Conclave was

Brand Communications Issues and Challenges. Students of the

Marketing Club also organized a marketing plan competition

Marketing wizard 2013. Finance Conclave focused on Fast

Moving Financial Markets. Demystifying Union Budget 2013-14

was another show put up by the Finance Club. Grooming HR

Managers of the Future was the theme for HR Conclave. IT Club

organized a national seminar on Managing Big Data-Challenges

and Opportunities. 'Encore', a national level contest of

presentation design and delivery and Jai Utsav, the first

management festival of the institute were the most popular events

in the institute.

Mentoring

The institute has institutionalized a well structured MentorshipProgramme for all round development of the students. Every

student is assigned to a faculty mentor since day one of joining the

Institute. The faculty mentors assess the developmental needs of

their respective mentees and undertake/arrange relevant learning

interventions. We have been trying to leverage the mentoring for

personal and professional development and its really proving to be

a potent tool for transformation of our students.

Student's Awards/Recognition

I am happy to inform that our campus scored better on most of the

parameters of student's engagement in the Students Survey

2012-13 conducted on the four campuses of Jaipuria Institute of

Management. It was also reflected in the laurel brought by our

students by winning various competitions organized by the

institutions of repute. During the year 2010-13, 35 students were

awarded with Trophies, Medals, Certificates and Cash Prizes. The

volume and range of accolades bestowed upon our students are

tremendous- be it winning national business plan competition at

Prestige, Indore or being decorated for showcasing their

photography skills at IIM-Kozhikode to releasing a music album

that airs on MTV to outshining the best in a televised debate on

NDTV- our students have done it all, and more.

Community Development

Rural landscape of Jaipuria Indore provides opportunity to our

students to feel the pulse of rural India. It exposes them to the

loving nature of our villagers and also sensitizes them with their

difficulty and depravity. The CSR Club of the institute has organized

various activities and undertaken several initiatives to sensitize the

budding managers to the societal concerns for deprived class.

Dayitva at Dakachya is one of the recent initiatives of our

students for bringing the change by being the part of the change,

enabling the villagers with new set of occupational skills. UGAM

the evening school for village kids is another social initiative of

Jaipuria students focused at overall development of village kids

covering written and spoken English, personality development and

primary computer education.

Entrepreneurship

Entrepreneurship Cell at Jaipuria Indore under the aegis of

National Entrepreneurship Network (NEN) organizes multifariousactivities and events to inspire, educate and support the next

generation of high growth entrepreneurs driving job creation and

economic growth. I am happy to inform that start up initiatives of

two students from Jaipuria Indore was included into the prestigious

category of Tata NEN Start Up Company. The Institute observed E-

Week during February 9-16, 2013 in which 86 diverse activities

were organized. Recognizing the efforts and initiative of our

institute, NEN awarded Jaipuria Indore, the Small Institute Honour

Roll for 2013. For a three years old institute it's an achievement

which we should be proud of.

Institute-Industry Interface

At Jaipuria Indore, institute-industry interface is inbuilt and

integrated in the course curriculum. We have created diverse

platforms to provide industry exposure and orientation to our

students. Industry Mentorship Programme (IMP) is our unique and

pioneering initiative where-in students are assigned to designated

organizations for two week training under the guidance of assigned

mentors at the respective companies and faculty mentor at the

institute. At the end of programme students prepare a report on

their learning and make presentation before panel including the

industry mentor.

Our curricula has inbuilt provision of at least three guest speakers

from industry in each course. Besides, the institute also organizes

industry visits to deepen the industry orientation of the students.

During the year 2012-13, fifty selected students underwent the

Industry Mentorship Programme, two industry visits were

organized and 54 speakers from industry interacted with the

students.

FDP/MDP

As a young institute our focus at Jaipuria Indore is to build and hone

our internal capacity before we embark upon developing the

capacity of practitioners from industry and corporate through

Management Development Programmes. I am happy to report that

last year we conducted four in-house capacity development

workshops - three for members of faculty and one for staff of the

institute.

We also made a foray in Executive Education and organized two

open Management Development Programmes, one on the theme'Finance for Non-Finance and the other one on Delivering Service

Excellence.

Medals and Scholarship

The Institute recognizes merit at all stages during two year

programme. I would like to congratulate all the three medal winners

for their academic achievements and also to the Merit certificates

holders, recognizing their excellence in respective streams of

Finance, Marketing and Human Resource Management.

Career Dreams at Jaipuria Indore

I am happy to report that 62 per cent of our students are already

placed and with more than 25 placement processes in pipeline, we

expect to place remaining student shortly. In the present distressful

economic scenario, you will appreciate that for an institute which is

placing its first crop, it's not a mean achievement. This year, the

maximum package offered till date has been Rs. 4,20,000/- and

the average package works out to Rs. 3,00,000.

Some of the prominent organisations which offered career

opportunities to our students are :- TV 18 (CNBC Awaaz),

ICICI Securities, India Bulls, Polyplex, Uttam Galva Steel, WNS

Global Services, Laurent and Benon, Tata McGraw Hill,

Remorphing, India Mart Intermesh, Entrepreneur India etc.

Future Aspirations

It gives me great pleasure to put on record that in a short time span

of less than three years, Jaipuria Institute of Management, Indore

has carved a niche for itself and has emerged as a credible brand in

central India. We would like to build on this foundation to take our

institute to the next growth trajectory. We are in the process of

starting incubation center on campus in collaboration with

National Entrepreneurship Network. The incubation centre will

provide our students an opportunity to explore and capitalize on

their entrepreneurial quotient and achieve their dream of building

businesses of their choice. We have plans to further strengthen

and deepen our interface and engagement with industry. Ourrelationship with the industry will be symbiotic. We will organize

open and in-house MDPs and of fer consultancy services to develop

the capacity of industry. Our strategy is to partner with the

professional associations such as National HRD Network, Indore

Management Association and CII and undertake joint projects of

MDP, Consultancy and Research. We propose to undertake series

of research on problems and issues being faced by the local

industry. We expect our partnership and collaboration with in

in course of time will reduce the gap in industry practice and

room teaching at Jaipuria Indore. Our aspiration may appe

and loud, but I have no doubt in assuring you that with the s

of the team of my esteemed faculty members, memb

administrative staff, and the students, Jaipuria Indore will e

as a distinguished centre of excellence preparing manag

graduates that all the sectors of economy will be eagerly looki

Concluding Remarks

Finally, I extend my hearty congratulations to the grad

students and appreciate their cooperation during the proc

their transformation for two years which at times was very

demanding. I am confident that your this attitude of coope

flexibility, and readily taking up responsibility will give you a dedge in your career. I wish you all the very best for your

endeavour. May God bless you.

Thank you and Jai Hind



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GLIMPSES OFJAIPURIA INDORE

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Jaipuria Institute of Management - Indore Souvenir