NIFT Gandhinagar resubmits proposal for incubation centre, unlikely to take off this year

The academic report mentioned in the convocation brochure states that NIFT Gandhinagar has submitted a draft proposal for setting up an incubation centre to the Head office. 

The National Institute of Fashion Technology (NIFT), Gandhinagar has given a fresh proposal for initiating an incubation center on campus, however the project is unlikely to take off this year. Speaking on the sidelines of the institute’s annual convocation that saw 140 UG and 49 PG students graduate on Thursday amidst the presence of dignitaries like Sudhir Tripathi(IAS) Director General of NIFT and senior faculty Vandita Seth in attendance, NIFT Gandhinagar Director Arindam Das averred that while a proposal had been tendered last year, a new vision has been resubmitted.

The academic report mentioned in the convocation brochure circulated among students and parents during the convocation also mentioned that NIFT Gandhinagar has submitted a draft proposal for setting up an incubation centre to the Head office. Speaking on the same, Das said, “We have given a fresh proposal regarding the incubation center with a wider scope, wherein we would want to collaborate locally with the state government and corporates with respect to CSR(corporate social responsibility) projects. However the core aim of the incubation center at NIFT that we are visualising, will remain research and technology. Initially in the proposal submitted last year we had wanted to collaborate with a local institute , but now we want to go alone – however the cell won’t take off this year.”

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Even as the institute follows a centralised placement process with a chunk of students registering for the process in the four NIFT centres located in metro cities, close to 95% students have been placed say institute officials. “We have central placements in the 4 NIFT centers located in the metros and a chunk of students go there. In the local placements, we witness more of local companies and jewellery brands coming to recruit students as only NIFT Gandhinagar has a jewelry design course. This year close to 40 companies had registered for placement process and 43 students sat for placements here. The highest pay was Rs 11 lakhs per annum(pa)which was offered by Punjab based company Abhishek Industries and the average pay was Rs 5.5 pa. Last year we had close to 96% placements this year also we are likely to have the same placements. The average pay package for UG was 4.5 lakhs per annum and for PG it was 5.5 lakhs pa last year. RBZ Jewellers from Ahmedabad came on campus and recruited 6 students while offering them a pay of Rs 5.5. lakhs,” said Manish Bhargava, Regional Industry Coordinator at NIFT Gandhinagar.