XLRI, the oldest management school in India, was founded in 1949 by Fr Quinn Enright, S.J. of the Jesuit Order in the Steel City of Jamshedpur. Fr. Enright visualized XLRI to be a partner in the liberation and development journey of independent India with a far-reaching vision of "Renewing the face of the Earth". Fr. Bill Tome joined hands with him to bring that vision to fruition. Both, together with the other Jesuit companions, worked tirelessly towards translating the Vision "Renewing the face of the Earth" into a reality.

Over six decades XLRI has strived to mould responsible business leaders who contribute their mite in creating a sustainable future.