A two-day National Conference was organized by XIME at its Bangalore campus on January 10-11 to ideate on Policy formulation and successful Implementation of ‘Make in India’ program. The seminar was inaugurated by the Guest of Honour, Dr. Jaimini Bhagwati, IFS (Retd.) & Former Indian High Commissioner to the UK, in the presence of Mr. B. Muthuraman, Former Vice Chairman, TATA Steel, Prof. Philip, Founder & Chairman, XIME, Deepak Hota, CMD, BEML and Kamal Bali, President & MD, Volvo. The focus of conference was to ideate on the policy of Make in India as an effective instrument to enhance GDP.
The National Seminar was attended by over 100 delegates from different industries across Karnataka to understand the strategies, policies, initiatives and actions adopted by the companies and challenges faced by their industries. Mr. Deepak Hota, CMD, BEML, Mr. Kamal Bali, President & MD, Volvo, Mr. David Rasquinha, Managing Director, EXIM Bank, Prof. Suresh Babu M., IIT – Madras, Mr. Anand Sen, Executive Director & COO of Tata International Limited were the key speakers at the seminar today.
While inaugurating and sharing his thoughts on National Conference at XIME, Dr. Jaimini Bhagwati, IFS (Retd.) & Former Indian High Commissioner to the UK, said “Manufacturing sector, undoubtedly, contributes much towards creating employment opportunities. The Indian Economy is connected through Industry (30%), Services (55%) and Agriculture (15%). There are a lot of ambition of increasing manufacturing share from 16% to 25% of GDP in next few years. For this, startups need to be fostered more in the ecosystem as they can be prime-movers for India’s growth.”
The opening day of the conference witnessed four interesting sessions titled:
- Make in India – A bold initiative for India’s accelerated growth led by Mr. R Mukundan, MD, Tata Chemicals and Mr. Raghavan Srinivasan, Editor, Business Line chaired by Mr. Muthuraman
- The Ecosystem-I (Infrastructure, Land Acquisition and Labour Laws), led by Mr. Kamal Bali President & MD, Volvo Group, India and Mr. S D Tripathi, VP-HRM, Tata Steel
- The Ecosystem – II focused on Capital, FDI Legal System, Policies, Prescriptions and Ease of Doing Business and the session was led by Mr. David Rasquinha Managing Director, EXIM Bank, Prof. Suresh Babu M., IIT, Madras and Mr. Sam Jacobs Founder CEO, Bizz Universe Group, USA
- The subsequent sessions were on Firm-Level Competitiveness I and focused on quality control, cost competitiveness and technology with Mr Anand Sen, President, TATA Steel, Mr. Manoj Mehrotra, President, Hikal Ltd. and Mr. Aditya Ganguli, MD, UK & India – DLED Group, USA
Speaking on the occasion, Mr. B. Muthuraman, Former Vice Chairman, TATA Steel emphasized, “The make in India initiative needs to be seen in the context that there is no large populous country in the world which has become prosperous without going through domestic manufacturing dominance”.
Sharing his thoughts on the Seminar, Prof J. Philip Chairman, XIME & Former Director, IIM Bangalore said, “We, at XIME, believe that B schools play a huge role to make Make in India a success and thus, we have come up with this National Seminar. We aim to highlight the heroic initiative undertaken by the Government of India called ‘Make in India’ and understand the gaps of the initiative at large. This initiative of ours has been lauded by both the Government as well as administrative systems.”
The seminar opened up solutions to challenges like Dispute Resolution Mechanism, contract uncertainties, labour laws, government policies and approvals, skilling of workforce to be ready for Industry 4.0.
Xavier Institute of Management and Entrepreneurship (XIME) is a well-known business school in India with three fully residential campuses, in Bengaluru, Kochi and Chennai. The Institute pioneered the Association of BRICS Business Schools (ABBS, estd. 2008) which is a platform for management education in Brazil, Russia, India, China and South Africa. XIME arranges international events in collaboration with 17 partner institutions around the globe, including campus exchange programmes, faculty exchange programmes and an international study tour for its students.
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