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IIT Mandi successfully organized
National-level annual event HiBS 2026
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Industry experts from leading
companies participated in the event.
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The summit focused on AI-driven
leadership, enhanced productivity, and responsible decision-making
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Discussions spanned traditional
sectors, sustainability, leadership, and ethical AI adoption
Mandi:
The School of Management at
the Indian Institute of Technology (IIT) Mandi, organized the
third edition of its annual two-day
industry conclave - Himalayan Business Summit (HiBS) 2026. The
summit highlighted the transformative role of Artificial Intelligence (AI) in
reshaping business models, leadership paradigms, and sustainable growth
strategies in India. The
summit provided students with valuable networking opportunities, mentorship,
and insights into emerging business trends and strategies, sharpening their skills and preparing them
for future leadership roles.
The two-day national summit
brought together top officials and technology leaders from leading companies
including, Raymond Limited, Kirloskar Management Service, VDart Digital, NDTV
Profit, Religare Housing Development Finance Corporation Limited, Onix,
InXiteOut, Aamrass Digimarc LLP, DBS Bank, Target, SAP, Datawise, Steel
Authority of India Limited, Vallabha Industrial Chemical Engineers Pvt Limited,
National Aluminium Company Limited. The industry leaders shared their insights
on the impact of AI on business models and leadership paradigms as well as to
discuss the responsible and ethical use of AI in Indian Corporate sector.
The two-day summit centre on three
core themes: Reimagining
traditional Indian sectors through AI, Leadership strategies for AI-driven
growth, and Responsible AI as a source of long-term competitive advantage. HiBS 2026 placed special emphasis on
translating AI innovation into practical, scalable, and outcome-driven business
value, particularly across India’s manufacturing, services, MSME, and
policy-driven business ecosystems.
While shedding light on this
event, Prof Anjan Swain, Chair, School of Management, IIT Mandi, added,
“India stands at a crucial juncture in its AI adoption journey, where
the focus must shift from experimentation to effective execution for meaningful
outcomes. HiBS 2026 has been designed as a platform for leaders to engage with
the challenges surrounding AI and its impact on sustainable growth.”
With AI increasingly
influencing operational efficiency, governance, and strategic decision-making, HiBS 2026 aims to bridge the gap between
technology capability and business execution. The summit featured
keynote address by Chief Guest – Mr Chitta Ranjan Mohapatra, Director in
charge, Bhilai Steel Plant (SAIL). A case competition was conducted for
students to learn the practical implementation of AI-solutions in business use
cases.
Through such national-level
initiatives, IIT Mandi
continues to strengthen its role as a thought leader in technology-driven
management education and research. HiBS 2026 reflects the
institute’s commitment to fostering meaningful dialogue between academia and
industry to advance the adoption of responsible,
scalable, and impact-oriented AI-driven business practices in India.
Notably School of Management
at IIT Mandi offers a unique Data Science and AI specialization in its MBA
program which was started in 2022. Leading companies have been regularly
recruiting talented MBA professional from this program in the last two years.