The Indian Institute of Management (IIM), Jammu and the National Institute of Fashion Technology (NIFT) Srinagar on Tuesday inked a Memorandum of Understanding (MoU) to boost entrepreneurship and innovation in J&K. The MoU was signed at Bharat Mandapam, New Delhi during Bharat Tex 2024 by Prof B. S. Sahay Director, IIM Jammu and Dr Javid Wani, Director NIFT Srinagar. The MoU is envisioned for a collab framework between the two prestigious institutes for convergence in the areas of academics, research, executive education, training, and the promotion of entrepreneurship and incubation facilities.
The IIM Jammu, established in 2016, is an Institute of National Importance, and NIFT, is a premier institute of fashion education in India. With 18 campuses across the country, including NIFT Srinagar, the institute has been at the forefront of providing professional human resources to the textile and apparel industry. The intersection of management and fashion technology is recognised as a dynamic and evolving landscape, necessitating a comprehensive understanding of both industries.