Is IICA Setting Up Its First Rs 100-Crore Regional Campus in the Northeast?
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Synopsis
The Indian Institute of Corporate Affairs (IICA) is set to establish its first regional campus in the northeast, marking a significant step towards enhancing corporate governance and sustainable development in the region. This Rs 100-crore investment will serve as a hub for training, research, and policy advisory, aligned with national priorities. Discover how this initiative aims to transform the region into a dynamic growth engine.
Key Takeaways
- IICA to establish its first regional campus in Meghalaya.
- An investment of Rs 100.95 crore under PM-DevINE.
- The campus will focus on corporate governance and sustainable development.
- Strategically located in the Knowledge City cluster.
- Aims to transform the northeast into a dynamic growth engine.
New Delhi, June 3 (NationPress) In an effort to promote excellence in corporate governance and sustainable development in the northeast, the Indian Institute of Corporate Affairs (IICA) announced on Tuesday the establishment of its inaugural regional campus in the area.
The IICA, operating under the Ministry of Corporate Affairs, has officially acquired a five-acre plot in New Shillong Township, Meghalaya, for this landmark campus.
With a substantial investment of Rs 100.95 crore under the Prime Minister’s Development Initiative for North-East (PM-DevINE), the Shillong campus is poised to become a regional center for specialized training, research, and policy advisory across crucial sectors.
Donald Phillips Wahlang, Chief Secretary of the Meghalaya government, reaffirmed the state’s dedication to knowledge-driven growth and emphasized the strategic placement of the IICA campus within the Knowledge City cluster.
This area is already home to prestigious institutions such as IIM Shillong, National Law University Meghalaya, and NIFT, fostering significant academic and professional collaboration.
He also announced the upcoming development of a new airport in Shillong, which will greatly improve regional connectivity and facilitate access to the campus for professionals, faculty, and students from all over India.
This infrastructural enhancement is expected to further solidify Shillong's emerging identity as a key academic and policy hub in the northeast, according to a statement from the Ministry of Corporate Affairs.
Gyaneshwar Kumar Singh, DG and CEO of IICA, hailed this moment as historic, referring to the Shillong campus as “our first baby outside Delhi — a symbol of decentralization and empowerment.”
He highlighted the campus's role in fostering entrepreneurship, capacity building, and good governance, aligning with national priorities like ease of doing business, Atmanirbhar Bharat, and the vision for Vikshit Bharat by 2047.
Referencing Prime Minister Narendra Modi’s vision during the Rising Northeast initiatives, Singh noted the Prime Minister's consistent advocacy for the northeast as the “Ashtalakshmi of India” — a region abundant in diversity, talent, and potential.
In line with this vision, he stated, “IICA is proud to contribute to the region's transformation from a distant periphery to a vibrant growth hub of New India.”
Deepti Gaur Mukerjee, Secretary of the Ministry of Corporate Affairs, remarked that this partnership embodies the spirit of cooperative federalism and the Centre’s vision of empowering the northeast as a growth engine.
Point of View
The establishment of the IICA's regional campus in Shillong is a commendable move towards decentralizing education and corporate governance. It signifies a commitment to empowering the northeastern region, which has immense potential for growth. This initiative not only aligns with national priorities but also fosters local talent and encourages knowledge-driven development, making it a significant step for India as a whole.
NationPress
26/07/2025
Frequently Asked Questions
What is the purpose of the IICA's regional campus?
The IICA's regional campus aims to enhance corporate governance and sustainable development in the northeast by providing specialized training, research, and policy advisory.
Where is the new IICA campus located?
The new IICA campus is located in New Shillong Township, Meghalaya, on a five-acre land parcel.
How much investment is being made for this campus?
The campus is backed by an investment of Rs 100.95 crore under the Prime Minister’s Development Initiative for North-East (PM-DevINE).
What are the expected benefits of this campus?
The campus is expected to foster entrepreneurship, capacity building, and good governance, while also improving regional connectivity and collaboration.
How does this initiative align with national priorities?
This initiative aligns with national priorities like ease of doing business and Atmanirbhar Bharat, contributing to the vision of Vikshit Bharat by 2047.
