School of Rural Management, XIM University (New Campus), Odisha, successfully hosted its Annual Business Conclave on the 18th and 19th of September, 2022.

The theme for the conclave was “Sustainability for Business: Challenges and Opportunities” The event started with a welcome and objective setting address by Prof. Niraj Kumar, Dean of the School of Rural Management, followed by an address by Fr. S Antony Raj S.J, Registrar, XIM University, Odisha. 

Day 1 – Dynamics of Marketing Environment

The conclave saw discussions around the potential of Insurance penetration by public and private companies. Prominent industry professionals and thinkers also engaged in discussions over some ways to ensure the insurance penetration and proposed that dynamic pricing could be the way forward. They also conferred that, e-commerce platforms play a vital role, to enable changes in the rural as well as urban sectors.

Day 2 – Financial Inclusion: Opportunities and Challenges

The moderator started the session with the quote, “Not all of us can do great things, but we can do small things with great love,” by Mother Teresa, and spoke about the core social development. The speakers emphasized the significant areas of social sustainability, such as environmental, social & governance (ESG), and sustainable development goals (SDG). They spoke about how microfinance organizations create more opportunities for rural livelihoods. The speakers also discussed about the cultural economy and how technology can aid the agricultural sector in becoming more sustainable.

The event saw the participation of the following speakers and moderators –



  • Abhay Pathak, Head of Modern Trade Hector Beverages
  • Amit Jawar, Business Head of North Dabur
  • Om Prakash Singh, Business Head of the Financial Sector in Mahindra Insurance Broker
  • Dipti Sharma, Vice President Conglomerate and Corporate Group – Kotak Mahindra Bank
  • Mohit Bahuguna, Director and Business Head of PNB Metlife
  • Prasanta Biswal, Head CSR and Corporate Relations – JSW Steel Foundation
  • Saikat Basu, CEO and Chief Mentor Consultivo
  • Subodh Kumar Gupta, Chief Marketing Manager of Dhanuka Argitech
  • K.R.Saxena, Assistant Vice President of Rallies India Limited


  • T. Kumar, Professor, School of Rural Management, XIM University
  • Niraj Kumar, Dean of the School of Rural Management, XIM University

The conclave was aimed to foster discussions on the pressing needs in the rural management domain. The speakers shared wisdom on how sustainable businesses can promote the society and the economy by acting in the best interests of the local and global environment. The panels also shared thoughts on the importance of building resilience in the field of sustainability.

The conclave was concluded with a vote of thanks by Prof. Niraj Kumar, Dean of the School of Rural Management, XIM University. We thank all the speakers, administration, media partners, audience, and everyone who contributed to the event’s smooth functioning and flawless execution.

For more information, please contact:

 IlluminatiX – The Media & PR Cell, XIM University (New Campus), Bhubaneswar

Email: media-nc@xim.edu.in

Phone No: +919588406608