Dr. Arun Nigavekar, Chairman, University Grants Commission, laid the foundation stone of the IndSearch Educational Campus and inaugurated the IndSearch Biodiversity Campus on 16th September 2005. Dr. Ashok Kolaskar, Vice-Chancellor, University of Pune, inaugurated the Biodiversity Exhibition showing the different species of flora and fauna in the campus.

Speaking on the occasion Dr. Arun Nigavekar brought out the distinguishing features of IndSearch that have made it a unique seat of learning. IndSearch, with enough full time faculty in various functional areas of management and environmental consciousness has been made to stand out from other management institutes. He pointed out that IndSearch is one of the first institutes in India to define an environmental policy and make an effort of incorporating it into its working system. Dr. Nigavekar explained the metamorphic change that management education has undergone over the last 10 years, how the technological revolution has fragmented the core industry into borderless manufacture and made marketing a global phenomenon. He also explained how the service sector has contributed significantly to the GDP of the nation and that this aspect of management has a new global feel and culture. He commended IndSearch on creating a unique biodiversity campus.

Dr. Ashok Kolaskar said that the need of the hour is to create everything at a global standard level and nothing less, which also includes education. He complemented Dr. Ashok Joshi – Founder Director, IndSearch, on his out-of-the-box thinking, which is different and innovative. The creation of this biodiversity campus, he added, is indeed a reflection of this out-of-the-box thinking and vision. The consortium method of working and networking that IndSearch has adopted by way of signing MOUs with Universities abroad and industries should become a norm in education. Then the quality of education will dramatically improve.

Earlier, welcoming the guests, Dr. Ashok Joshi Founder Director, IndSearch, said that indepth learning and teaching, based on empirical research, will create management students with a human face having sensitivity towards ethical, social and environmental issues. He explained that, of the six acres of the campus, two acres will comprise the education, residential and amenities campus and four acres will be the biodiversity campus, which will invigorate the enthusiasm and confidence level of the students. Mr. Pramod Parkhi, Managing Trustee – IndSearch, said that IndSearch is trying to establish a Centre for Cooperative Banking Management.

Dr. Kolaskar conferred the title of Professor Emeritus of Management Practices at IndSearch on Prof M.K. Kanade.

Dr. N.M. Vechalekar, Associate Dean, gave the vote of thanks.