M J Akbar, Minister of State for External Affairs conferred the AIMA Kewal Nohria Award for Academic Leadership in Management Education to Dr Bhimaraya Metri, Director, IIM Trichy at the 45th National Management Convention of All India Management Association (AIMA), held on September 26 & 27, 2018 at New Delhi.
Past recipients of this award include Dr Bakul Dholakia, Former Director, IIM Ahmedabad; Dr Pritam Singh, Former Director, MDI and IIM Lucknow and Prof J Phillip, Chairman, XIME Bangalore.
The AIMA Award is a well-deserved honour for Dr Metri who has contributed significantly to management education both as a policy maker and as an institution builder. Dr Metri was the author of recently released MBA Model Curriculum report by AICTE. He is also part of a core committee that has framed the draft policy for Autonomy for PGDM/MBA Institutions. In his leadership, IIM Trichy has emerged as a leading new IIM, which is becoming a destination of choice for bright students and distinguished faculty members.
A PhD from Indian Institute of Technology (IIT), Bombay, Dr Metri has co-authored six books. He has taught and led important administrative functions at premier B-schools including MDI Gurgaon and IMI New Delhi as Dean and Faculty member.
On the occasion, at the AIMA National Convention, Ajay Piramal, Chairman, Piramal Group received the AIMA Managing India Business Leaders of the Year Award from the Minister. Piramal said that even in this age of disruption certain things remained constant, such as the value of trusteeship in business.
Earlier at AIMA NMC, on the outlook for Indian economy in 2030, Baba Kalyani, Chairman and Managing Director, Bharat Forge said that India will be a middle- income economy with per capital income of $6000-$8000, up from the present $1700-1800. He said that technology will play a key role in quadrupling the per capita income. Within five years, he said, every manufacturer in India will be on the Industry 4.0 platform, like the traders are on the e-commerce platform. “One can get onto the Industry 4.0 platform without additional knowledge and become more productive,” he said, adding that the productivity and wages of workers will go up and that will drive up consumption too. He shared the example of Bharat Forge where per employee output was $150,000.
Sanjiv Mehta, Chairman and Managing Director, Hindustan Unilever said that India needed to democratize debt to foster entrepreneurship. Today, he said, about 40% of the debt was cornered by big business. He argued that India could be the world’s granary if the agriculture sector was freed up.
Sunil Kant Munjal, Chairman, The Hero Enterprise said that if all restrictions were removed, Indian economy could grow at a rate of 14%. “Regulatory burden is holding back the potential of the nation,” he said.
Kishore Biyani, Founder and Group CEO, Future Group told the convention that technology could reduce the costs of retail by 5%-6% over the next 5 years and also add value by predicting demand. He said that Future Group will form alliances and partnerships to create a new retail ecosystem.
The All India Management Association (AIMA) is the national apex body of the management profession in India. Over the last five decades, AIMA has contributed to the enhancement of management capability in the country. AIMA has a base of 64 Local Management Associations including two cooperating LMAs abroad, with a membership of 30,000.
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