In an AI-first economy, technical knowledge alone will not be sufficient but graduates will need a combination of AI literacy, data-driven decision-making, creativity, critical thinking, adaptability, and emotional intelligence. Dr. Sandeep Pachpande, Chairman, ASM Group of Institutes exclusively speaks to Bhavya Bagga, Business Reporter, CXO Media about educational institutions evolving from being knowledge providers to becoming innovation hubs.
You have led ASM Group of Institutes for over two decades. What have been the most defining moments in transforming ASM into a multi-institution education ecosystem?
The transformation of ASM Group of Institutes into a multi-institution education ecosystem has been driven by a simple philosophy, staying ahead of change while remaining committed to student success. Some defining milestones include expanding from a single institution to a diverse educational ecosystem spanning management, engineering, commerce, technology, and global education.
Establishing strong industry partnerships, introducing globally relevant curriculum, and creating experiential learning opportunities have significantly strengthened our impact. More recently, integrating AI, entrepreneurship, and innovation into mainstream education has been a major milestone. Our focus has always been on creating industry-ready professionals who can thrive in a rapidly evolving global economy.
As a co-founder of NextGenInnov8, how can AI-driven innovation ecosystems accelerate startup creation and student entrepreneurship in India?
AI-driven innovation ecosystems have the potential to democratise entrepreneurship by giving students access to tools, insights, and resources that were once available only to established enterprises. At NextGenInnov8, we believe AI can significantly reduce barriers to startup creation by enabling faster market research, product development, customer understanding, and business validation.
When combined with mentorship, incubation support, industry collaboration, and access to funding networks, AI becomes a powerful catalyst for innovation. Educational institutions must evolve from being knowledge providers to becoming innovation hubs where students can experiment, build solutions, and launch ventures that address real-world challenges at scale.
How do you see artificial intelligence reshaping teaching methodologies, curriculum design, and student assessment in higher education institutions like ASM?
Artificial intelligence is transforming education from a standardized model to a personalized learning experience. AI enables adaptive learning pathways, helping students learn at their own pace while providing educators with deeper insights into individual progress. Curriculum design must become more dynamic, integrating emerging technologies, interdisciplinary learning, and real-time industry requirements.
Traditional examinations will gradually be complemented by project-based evaluations, skill assessments, and competency-driven outcomes. At ASN Group of Institutes, we view AI not as a replacement for educators but as an enabler that enhances teaching effectiveness, promotes critical thinking, and prepares students to solve complex problems in an increasingly technology-driven world.
What role can AI-driven Global Capability Centres (GCCs) and industry partnerships play in bridging the gap between classroom learning and real-world skills?
AI-driven GCCs represent the future of knowledge-based employment and innovation. They provide students with exposure to global business practices, advanced technologies, and real-world problem-solving environments. By partnering closely with GCCs and industry leaders, educational institutions can co-create curricula, facilitate live projects, offer internships, and provide hands-on learning experiences that align with market needs.
Such collaborations ensure that students develop practical competencies alongside academic knowledge. The future of higher education lies in creating seamless pathways between classrooms and workplaces, enabling graduates to contribute meaningfully from day one while fostering continuous learning and adaptability.
What skills will define the next generation of graduates in an AI-first economy, and how should institutions redesign learning to stay future-ready?
In an AI-first economy, technical knowledge alone will not be sufficient. Graduates will need a combination of AI literacy, data-driven decision-making, creativity, critical thinking, adaptability, and emotional intelligence. Equally important will be entrepreneurial thinking, ethical leadership, and the ability to collaborate across disciplines and cultures.
Institutions must redesign learning around problem-solving, experiential projects, interdisciplinary education, and lifelong learning. The focus should shift from memorization to application, innovation, and impact. Future-ready education will empower students not only to work with intelligent technologies but also to lead, innovate, and create value in a rapidly changing world.
