यथा हि एकेन चक्रेण न रथस्य गतिर्भवेत्। एवं पुरूषकारेण विना दैवं न सिध्यति॥

The way it is not possible to move a chariot with one wheel, it is not possible to accomplish great things with mere luck, without hard work.


Business/management education in India is growing rapidly.  It may very well be the beginning of the golden era of business schools and education in India (Khatri, Ojha, Budhwar, Srinivasan, & Varma, 2012). However, for business schools, education, and practice to continue thriving and contributing to the effective management and vitality of Indian businesses, organizations, and institutions, business education and practice need to be founded upon valid and tested management theories that fit the Indian context.

Under the able leadership of its cofounders, Pawan Budhwar and Arup Varma, the Indian Academy of Management (INDAM) had its first meeting in 2007 in Philadelphia with the foremost goal of providing a global platform for management scholars in India and elsewhere to network, collaborate, and conduct research in India. The Academy of Management, USA, the premier management research and education body of management researchers and educators in the world, accepted INDAM as one of its affiliates in 2011. The cofounders established three primary objectives of INDAM: (i) to spearhead the creation and dissemination of knowledge on Indian businesses, organizations, and other institutions both within and outside India; (ii) to influence business and management policy and education; and (iii) to act as a resource to develop the next generation of researchers and educators in India.

To achieve these objectives, INDAM aims to provide a range of useful and much needed avenues, activities, and services to its members (Budhwar in Khatri et al., 2012): (i) building a strong and active community of scholars on India who can meet on a regular basis in research conferences in India to share their interests, ideas, and findings; (ii) establishing a journal on Indian management research and publishing scholarly books on Indian business and management under the auspices of Palgrave Studies in Indian Management book series; (iii) conducting research and professional workshops for early career researchers, such as doctoral students and new faculty, to help them grow their research and publication skills; (iv) linking with other professional bodies based not only in India but globally; and (v) creating an active interface between scholars and practitioners of management.


In 2007, we took the first tentative step towards the formation of this body by organizing a caucus at the Academy of Management (AOM) meeting in Philadelphia. The response was overwhelmingly positive, and we had an outstanding exchange of ideas on making the dream of INDAM a reality.

A few of us were charged with working towards this, and at the follow-up caucus at the 2008 Annual AOM meetings in Anaheim, we reported the progress, and agreed to keep moving towards the goal of creation of the INDAM.

The affiliation of INDAM with AOM led to big strides in the activities of INDAM at 2009 and 2010 Academy of Management Meetings, where representatives of INDAM met with Past and incoming Presidents and other senior leaders of the Academy of Management that resulted in formally recognizing INDAM as an affiliate of the Indian Academy of Management.

The cofounders, Professor Pawan Budhwar and Professor Arup Varma, deserve all the credit for establishing INDAM. Further, they have been instrumental in hosting four very well-received research conferences that have spawned much interest and activity in Indian management research. The four conferences were organized in various parts of the country: XLRI Jamshedpur in 2009, IIM Bangalore in 20011, IIM Ahmedabad 2013, and IIM Lucknow in 2015. A fifth INDAM Conference was hosted by IIM Indore from December 18-20, 2017.

In 2016, INDAM launched the Palgrave Studies in Indian Management book series. The first book in the series edited by Naresh Khatri and Abhoy Ojha ‘Crony Capitalism in India: Establishing Robust Counteractive Institutional Frameworks’ was published in February 2016.

In January 2017, INDAM in collaboration with IIM Ahmedabad conducted its first research workshop for doctoral students and junior faculty.  The workshop was organized by Naresh Khatri (INDAM) and Vishal Gupta (IIM Ahmedabad). The response for the workshop was overwhelming and 92 participants for the workshop came from all over India. The second joint IIM Ahmedabad – INDAM research workshop was held on January 4-6, 2019 at Ahmedabad. The sixth INDAM conference was held at IIM Trichy from January 2-4, 2020.