IICA Sets Foot in Northeast with First Regional Campus in Shillong

In a major step towards inclusive growth and regional empowerment, the Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, is establishing its first regional campus in New Shillong Township, Meghalaya. Backed by ₹100.95 crore under the PM-DevINE (Prime Minister’s Development Initiative for North East) scheme, the new campus is envisioned as a hub for specialized training, research, and policy advisory in critical areas such as corporate governance, ESG, CSR, and insolvency. This strategic initiative reflects India’s continued commitment to integrating the North East into the national development narrative.

Why in News?

On June 3, 2025, IICA formally acquired 5 acres of land in Shillong, marking the establishment of its first regional campus outside Delhi. The project is funded under the PM-DevINE scheme, aimed at accelerating growth in the North-East region. It aligns with the government’s vision of decentralization, empowering the region as a knowledge and policy hub.

Key Highlights

  • Location: New Shillong Township, within the upcoming Knowledge City cluster.
  • Support: ₹100.95 crore from PM-DevINE, a central scheme for North East development.
  • Purpose: To provide capacity building, research, and advisory in corporate affairs.

Objectives

  • Expand IICA’s reach to the North-East.
  • Promote corporate governance, sustainable business practices, and entrepreneurial training.
  • Support the Ease of Doing Business, Vikshit Bharat @2047, and Atmanirbhar Bharat goals.

Background

  • The Indian Institute of Corporate Affairs (IICA) is an autonomous institution under the Ministry of Corporate Affairs.
  • It serves as a think tank and training institute for various stakeholders in the field of corporate regulation and governance.
  • Previously, IICA conducted over 300 training programs in the North East.

Infrastructure & Strategic Location

  • The campus will be located alongside IIM Shillong, National Law University Meghalaya, and NIFT, fostering academic synergy.
  • An airport is also being developed in Shillong to boost connectivity.

Significance

  • Makes Shillong a key hub for policy innovation and training.
  • Fosters partnerships with state universities, businesses, and policy makers.
  • Ensures equitable access to national-level training and leadership development.
Summary/Static Details
Why in the news? IICA Sets Foot in Northeast with First Regional Campus in Shillong
Institute Indian Institute of Corporate Affairs (IICA)
Ministry Ministry of Corporate Affairs
Location New Shillong Township, Meghalaya
Land Size 5 acres
Scheme PM-DevINE (₹100.95 crore allocated)
Purpose Training, policy advisory, and capacity building in corporate governance
Key Officials Present Chief Secretary Meghalaya, Secretary MCA, DG IICA, senior officials

Shivam

Recent Posts

S-500 Missile System: Features, Range, Speed, Comparison and India’s Interest

Russia’s S-500 Missile System, officially known as 55R6M “Triumfator-M” or Prometey, is shaping the future…

16 mins ago

RELOS Agreement and India–Russia Relations: Objectives, Significance & Latest Developments

India–Russia relations continue to evolve in a changing global order. Ahead of President Vladimir Putin’s…

24 mins ago

Which City is Known as the Science City of India? Know About It

India has many cities known for their unique identity, and some of them are famous…

55 mins ago

Fitch Ups India’s FY26 Growth Forecast to 7.4% Amid Strong Consumer Demand

Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…

1 hour ago

Asim Munir Formally Appointed Pakistan’s First Chief of Defence Forces

In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…

1 hour ago

Top 10 States with Smart City Projects in India (2025 Update)

India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…

2 hours ago