MoU Signing Ceremony between IIM Lucknow Enterprise Incubation Centre and Maharatna PSU Oil India Limited Marks a Landmark Collaboration for Innovation and Growth

IIML EIC is glad to sign an MoU with Oil India Limited on 19th September 2023 at IIM Lucknow (Noida Campus). The signing ceremony was graced by officials from IIML EIC & Oil India Shri Pankaj Kumar Goswami – Director Operations – Oil India Limited & Mr Yamini Bhushan Pandey – Managing Director IIML EIC represented both the organizations respectively

Prof Anadi Saran Pande, Professor of Strategic Management, IIM Lucknow & Faculty – in – Charge IIML EIC said "We are thrilled to enter into this strategic partnership with Oil India. This collaboration aligns perfectly with our mission to empower startups and drive innovation in India. By combining the strengths & resources of IIML EIC and Oil India, we aim to create a dynamic ecosystem through Oil India’s Flagship Programme SNEH (Startup Nurturing, Enabling & Handholding) that nurtures potential startups with ground-breaking solutions that contribute to the growth of the Indian economy facilitating in the creation of an AatmaNirbhar Bharat."

Shri Pankaj Kumar Goswami, Director Operations, Oil India expressed enthusiasm about the partnership, stating, "Our association with IIML EIC aligns with our vision of promoting innovation and supporting startups that can make a meaningful impact in various sectors. We believe this collaboration will not only benefit entrepreneurs but also strengthen India's position in the global innovation landscape Through the OIL – IIML EIC partnership program OIL will also aim to engage with startups working in the field of Alternate Energy, Carbon Capturing, Biofuels and startups impacting the Environmental Social & Governance (ESG) goals of OIL."

The signing of this MoU reinforces the commitment of both IIML EIC and Oil India Limited towards fostering innovation, promoting entrepreneurship, and contributing to the economic development of India.