#Indian Management Conclave

[townpostin]

XLRI Conclave Reshapes MBA Education Landscape

Industry Leaders Converge to Redefine Management Programs Key Points: • Two-day Indian Management Conclave held at XLRI Jamshedpur • 50 research papers presented out of 150 submissions • AICTE Chairman Dr. TG Sitharam emphasizes course redesign JAMSHEDPUR – XLRI Jamshedpur recently concluded a groundbreaking two-day Indian Management Conclave, focusing on identifying contemporary roles and…

[odnewsin]

IREDA lines up Rs 3,000 crore for green energy projects in Odisha

Bhubaneshwar: Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said Monday. Addressing the Odisha Solar Investor Conclave, Das reaffirmed IREDA’s commitment to the state’s ambitious…

[news365timesindia]

[ad_1] D Gukesh at the Chess Olympiad 2024 (Image: FIDE)  Boria Majumdar Great champions are all about humility. And it is a quality that is passed on across generations. D Gukesh is no different. Since he won the World Chess Championship, we had been planning an interview. In fact, the exchange was on with his father, Dr Rajnikanth. We did not want to do a two-minute news interview. That was already done in Singapore, so the idea was to go deeper and do a proper celebration. Dr Rajnikanth had suggested that he’d message the moment they settled down in Chennai, and had a breather from the celebrations. And true to his word, he sent me a message on Wednesday evening suggesting we do the interview, as Gukesh had an evening window and it would be good if we recorded immediately. With my Ravichandran Ashwin special show just done, the plan worked to perfection and we fixed the interview for 7pm. While it is now known what Gukesh’s mother had told him that she wanted him to be a better human being than a chess player, it was only fair that I asked him about his parents. And when he echoed his mother’s sentiments, I reminded him that someone else had said the very same words to me during the writing of Playing it My Way. The moment I mentioned it, his eyes lit up. “I have read Playing it My Way and have read this quote many times,” said Gukesh. “I know what Sachin Sir’s father told him.” There is an invisible bond. One that binds champions across generations. From Sachin to Gukesh, the tradition continues. As the interview went on, and I asked him about the bungee-jumping story, I sensed Gukesh relax. “You all know the bungee-jumping story by now,” he said. “I have to tell you it was scary, but cool as well. I have forever been very scared of heights. So much so I wouldn’t even climb a ladder for I was scared of falling. Doing bungee jumping was also a way to overcome fear. And I must say it helped.” For More Sports Related Content Click Here D Gukesh (PC: FIDE_chess/X) Within a second, I was taken back to another great Indian champion and what he had said to me. “Just ahead of Beijing 2008, I climbed the lamp post in Germany to overcome fear,” Abhinav Bindra told me. “Each one of us has a fear of failure. It was a German military drill and they would climb the lamp pole fairly easily. I decided to do it and did so without anything tied to my waist. So, in case I fell, I could even die. Halfway into it, I looked down and must say was scared. But I did not stop. And when I managed to climb to the top of the pole, I sensed the top was like a pizza box. I had overcome my fear.” Yet again, two champions had come together for me. I mentioned Abhinav to Gukesh, and again, he was off in a flash. “I know the pizza pole story,” he said with a huge smile. Bindra is coming to the Trailblazers Conclave, and you will meet him for sure in March, I mentioned. “That would be just fantastic,” said Gukesh. “Abhinav Sir, [Viswanathan] Anand Sir, Gopi [Pullela Gopichand] Sir – they are legends of our sport. Would be an honour.” Champions and humility – the story continues. Watch the interview on RevSportz at 12 noon today. Also Read: Gukesh won the world championship because of his attitude – Viswanathan Anand The post A RevSportz Exclusive || “I know what Sachin Sir’s father told him”: D Gukesh opens up on the importance of staying grounded appeared first on Sports News Portal | Latest Sports Articles | Revsports. [ad_2] Source link

[news365times]

[ad_1] D Gukesh at the Chess Olympiad 2024 (Image: FIDE)  Boria Majumdar Great champions are all about humility. And it is a quality that is passed on across generations. D Gukesh is no different. Since he won the World Chess Championship, we had been planning an interview. In fact, the exchange was on with his father, Dr Rajnikanth. We did not want to do a two-minute news interview. That was already done in Singapore, so the idea was to go deeper and do a proper celebration. Dr Rajnikanth had suggested that he’d message the moment they settled down in Chennai, and had a breather from the celebrations. And true to his word, he sent me a message on Wednesday evening suggesting we do the interview, as Gukesh had an evening window and it would be good if we recorded immediately. With my Ravichandran Ashwin special show just done, the plan worked to perfection and we fixed the interview for 7pm. While it is now known what Gukesh’s mother had told him that she wanted him to be a better human being than a chess player, it was only fair that I asked him about his parents. And when he echoed his mother’s sentiments, I reminded him that someone else had said the very same words to me during the writing of Playing it My Way. The moment I mentioned it, his eyes lit up. “I have read Playing it My Way and have read this quote many times,” said Gukesh. “I know what Sachin Sir’s father told him.” There is an invisible bond. One that binds champions across generations. From Sachin to Gukesh, the tradition continues. As the interview went on, and I asked him about the bungee-jumping story, I sensed Gukesh relax. “You all know the bungee-jumping story by now,” he said. “I have to tell you it was scary, but cool as well. I have forever been very scared of heights. So much so I wouldn’t even climb a ladder for I was scared of falling. Doing bungee jumping was also a way to overcome fear. And I must say it helped.” For More Sports Related Content Click Here D Gukesh (PC: FIDE_chess/X) Within a second, I was taken back to another great Indian champion and what he had said to me. “Just ahead of Beijing 2008, I climbed the lamp post in Germany to overcome fear,” Abhinav Bindra told me. “Each one of us has a fear of failure. It was a German military drill and they would climb the lamp pole fairly easily. I decided to do it and did so without anything tied to my waist. So, in case I fell, I could even die. Halfway into it, I looked down and must say was scared. But I did not stop. And when I managed to climb to the top of the pole, I sensed the top was like a pizza box. I had overcome my fear.” Yet again, two champions had come together for me. I mentioned Abhinav to Gukesh, and again, he was off in a flash. “I know the pizza pole story,” he said with a huge smile. Bindra is coming to the Trailblazers Conclave, and you will meet him for sure in March, I mentioned. “That would be just fantastic,” said Gukesh. “Abhinav Sir, [Viswanathan] Anand Sir, Gopi [Pullela Gopichand] Sir – they are legends of our sport. Would be an honour.” Champions and humility – the story continues. Watch the interview on RevSportz at 12 noon today. Also Read: Gukesh won the world championship because of his attitude – Viswanathan Anand The post A RevSportz Exclusive || “I know what Sachin Sir’s father told him”: D Gukesh opens up on the importance of staying grounded appeared first on Sports News Portal | Latest Sports Articles | Revsports. [ad_2] Source link

[newsriveting]

Second edition of Yukti Business Conclave gets off at IIM Raipur

The guests at the Yukti Business Conclave organised by IIM Raipur Team News Riveting Raipur, November 23 The second edition of Yukti Business Conclave organised by the Indian Institute of Management (IIM) Raipur with the theme ‘Vikas Chatra’ – Building with Purpose started in the state capital of Chhattisgarh on Saturday. The conclave, which will conclude on Sunday, had focused on aligning…

[likithaedu]

Top Colleges for MBA in International Business in India

In an increasingly globalized economy, an MBA inInternational Business has emerged as one of the most sought-after specializations. It equips professionals with the skills to navigate the complexities of international trade, cross-border business strategies, and global market dynamics. If you are considering pursuing this path in India, several top-notch institutions offer robust programs that prepare students to excel in the global business landscape. Here's a look at some of the leading colleges for an MBA in International Business in India.

1. Indian Institute of Foreign Trade (IIFT), New Delhi and Kolkata

IIFT is one of the most prestigious institutes in India for an MBA in International Business. Established in 1963 by the Government of India, it has become a beacon for international trade education. The MBA (IB) program at IIFT emphasizes international marketing, trade logistics, and global business strategy.

Entrance Exam: IIFT Entrance Exam

Key Highlights:

Renowned for its specialized curriculum in global trade.

Strong industry connections and placement records.

Offers exposure through international immersion programs.

2. Symbiosis Institute of International Business (SIIB), Pune

Part of the Symbiosis International University, SIIB is known for its niche focus on international business education. The MBA in International Business here blends core business concepts with international trade practices, making it ideal for aspiring global business leaders.

Entrance Exam: SNAP

Key Highlights:

Offers electives in agribusiness, energy, and environment.

Hosts global business conclaves and international study tours.

Strong alumni network in multinational organizations.

3. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

NMIMS offers a well-rounded MBA in International Business under its Global Business School division. The program is designed to provide a global perspective through case studies, internships, and international tie-ups.

Entrance Exam: NMAT by GMAC

Key Highlights:

Curriculum aligned with international business standards.

Robust placement track record with global firms.

Collaborations with foreign universities for student exchange programs.

4. Indian Institute of Management (IIMs)

Several IIMs, such as IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, offer electives and specialized programs focused on International Business as part of their flagship MBA programs. These institutes are known for their world-class faculty and comprehensive curriculums.

Entrance Exam: CAT

Key Highlights:

Renowned brand with global recognition.

Access to international case studies and global faculty.

Exceptional placement opportunities with multinational corporations.

5. Amity International Business School, Noida

Amity International Business School offers an MBA in International Business with a curriculum tailored to meet global industry demands. The institute emphasizes practical learning through live projects and global exposure.

Entrance Exam: CAT/MAT/XAT/GMAT or Amity Written Test

Key Highlights:

International faculty and global curriculum.

Strong emphasis on international internships.

Regular interactions with global business leaders.

6. Management Development Institute (MDI), Gurgaon

MDI’s International Business program is among the top choices for students aspiring to a global career. The institute provides a global perspective through exchange programs and partnerships with international universities.

Entrance Exam: CAT

Key Highlights:

Focus on global supply chain and business analytics.

Access to dual degree options with partner universities abroad.

Strong placement record with global firms.

7. International Institute of Business Studies (IIBS), Bangalore

IIBS offers an MBA in International Business designed to equip students with in-depth knowledge of global trade practices, internationalmarketing, and cross-border business strategies. The program emphasizes practical learning and global exposure.

Entrance Exam: CAT/MAT/XAT/CMAT/ATMA

Key Highlights:

Strong focus on international trade and business management.

Global exposure through industry visits and internships.

Affordable fees with a strong return on investment (ROI).

Factors to Consider While Choosing a College

Program Curriculum: Ensure the course aligns with your career goals in international business.

Global Exposure: Look for institutions offering international exchange programs and internships.

Placement Records: Research the institute's placement statistics, especially for roles in global firms.

Alumni Network: A strong alumni base can provide mentorship and networking opportunities in the global business community.

Conclusion

Pursuing an MBA in International Business from a top college in India can open doors to global career opportunities. Whether you aim to work in international trade, global marketing, or multinational corporations, the right program can help you build the necessary skills and network. Carefully assess your options and choose a college that aligns with your aspirations.

[ranakaushal]

10th Annual Biotech Industry Conclave on Biotechnology for Humanity: Innovations Shaping a Better World

KIIT School of Biotechnology organized the 10th Biotech Industrial Conclave on “Biotechnology for Humanity: Innovations Shaping a Better World” during 23rd–24thAugust 2024. The conclave, spanning over two days, had enlightening talks, discussion and spirited interactions between experts from the biotech industry, academia, and students to foster collaboration and innovation in the field. During the inaugural session, Dr. Achyuta Samanta, Founder, KIIT & KISS, welcomed all the dignitaries and stressed upon development of strong collaboration between KIIT and biotechnology industry.

Padmashri Dr. Krishna Ella, Founder & Executive Chairman, Bharat Biotech International Limited echoed the need for close interaction between premier educational institutes and the biotech industry for inclusive growth. Dr. Ella, in his keynote address, shared his personal journey in entrepreneurship and innovation, highlighting the challenges and rewards of building a successful biotech company. He emphasized the importance of practical learning experiences for PhD students and the role of the Ella Foundation in supporting their entrepreneurial endeavors. He also stressed upon the need for vaccine development for neglected diseases.

Dr. Shilpa Gadgil, Vice President, Enzene Biosciences Ltd.; Dr. Priyabrata Pattnaik, Dy. Managing Director, Indian Immunologicals Ltd.; Raghavendra P. Rao, Principal Scientist, The Himalaya Drug Company; Dr. Ranendra N. Saha, Chief Scientific Advisor, Biophore; Dr. Sreedharala Venkata Nookaraju, Executive Vice President, Aizant Drug Research Soln. Lt;. and Dr. Prabuddha Kundu, Co-Founder & MD, Premas Biotech discussed about emerging trends in complex therapeutic biomolecules like monoclonal antibodies, novel vaccines, complex protein production processes. Mr. Dushyant Deshmukh, GM-HR, Glenmark Pharmaceuticals; Mr. Hemant Nikam, Sr Director and Head HR, Eisai Pharmaceuticals India; and Mr. Pritesh Bhatia, Associate Director HR, Jubilant Biosys Ltd. discussed about the emerging trends in human resource requirements and how students should prepare themselves to become successful biotechnology professionals.

Mr. Lalit Sisaudia, Vice President of Nutaste Group and Ms. Rosina Panda, Business Manager, Intertek spoke about food safety and the need for precision to address global food security challenges.

Dr. Emili Banerjee, Senior Genetic Counselor, Neuberg Diagnostics, Dr. Raghavendra Goud, Executive Director at PharmNXT Biotech and Mr. Ashish Dubey, Co-Founder and COO, Redcliffe Labs discussed the opportunities in molecular diagnostics in healthcare and how AI driven processes can accelerate disease detection and make healthcare accessible in the remote regions of the country. In the last session, five alumni turned entrepreneurs Mr. Pritam Dhalla, Founder, Larkai Healthcare; Mr. Akashdeep Dan, Co-Founder of Bogmalo Foods and Hospitality; Mr. Prateek Mahapatra, Director of Grow Green Consortium Pvt. Ltd.; Ms. Varsha Biswal, CEO, Trupti Dairy; and Dr. Shailesh Samal, CEO, Inflanova AB shared the memories in KSBT and how it helped them to excel in their areas of passion.

Dr. Mrutyunjay Suar, DG-Research & Innovation, and CEO, KIIT-TBI discussed about start-up innovation system in KIIT and role of Bhubaneswar City Knowledge Cluster in developing fruitful collaboration in the biotechnology sector. Dr. Jnyana Ranjan Mohanty, Registrar and Dr. Srinivas Patnaik, Dean KSBT described the academic initiatives taken for skill development of the students. Dr. Rahul Modak, Convener of the conclave thanked all the dignitaries and participants for their active participation and contribution in the conclave.

[marwahstudios]

PR Conclave Addresses Challenges in Stakeholder Engagement in the Digital Age

Noida, July 26, 2024 – The Public Relations Society of India (PRSI), in collaboration with AAFT, hosted an influential PR conclave focused on the challenges of stakeholder engagement in the digital age. The event provided a platform for in-depth discussions on the evolving landscape of public relations and the critical role it plays in today’s interconnected world.

Dr. Sandeep Marwah, Chancellor of AAFT University, opened the conclave with a keynote address, highlighting the inevitability of change in the field of public relations. “If there is anything that is constant, it is change,” Dr. Marwah stated. “The style, equipment, and methods may have evolved, but the fundamental concept of building relationships remains unchanged. As the old proverb goes, your growth depends on the kind of people you know. Public relations has always played a crucial role in every field, adapting to new challenges and opportunities.”

The ceremony featured esteemed speakers who shared their insights and experiences: Mr. Vinit Kumar from the Ministry of Railways, Government of India, initiated the discussions with a focus on the integration of digital tools in stakeholder engagement. Prof. Dr. Charulata Singh, Chairperson of the Delhi Chapter PRSI, emphasized the importance of maintaining authenticity and transparency in digital communications.

Dr. Archana Kumari, Secretary of the Delhi Chapter PRSI, spoke about the evolving expectations of stakeholders in the digital era. Prof. Dr. Shuchi Yadav from Media Studies at JNU narrated examples of successful digital PR campaigns and their impact. Ms. Sumita Singh, Deputy General Manager of Corporate Communication at Indian Oil Corporation, expressed the need for agility and responsiveness in managing digital PR. Ms. Harsh Bhargavi Pandiri, Treasurer of the Delhi Chapter PRSI, added her perspective on the ethical considerations and challenges faced by PR professionals today.

In recognition of their contributions, Dr. Sandeep Marwah presented life membership of International Film and Television Club of AAFT to the speakers and membership of World Peace Development and Research Foundation to all the distinguished guests and gifted them his books on accolades and achievements.

The conclave underscored the importance of adapting to the digital age while preserving the core principles of public relations. It provided valuable insights and strategies for effective stakeholder engagement in a rapidly changing environment.

[scarlettjohn]

Exclusive Conversation on the Indian Real Estate Paradox: Growth Amidst Global Uncertainties

The conclave began with an exclusive conversation on the Indian Real Estate Paradox: Growth Amidst Global Uncertainties. Among the key participants were Piyush Gupta, Managing Director - Capital Markets and Investment Services India, Colliers; Vinod Rohira, MD & CEO - Commercial Real Estate, K Raheja Sterling Corp; and Parvesh Sharma, Managing Director, India Country Head, Tishman Speyer. In the midst of the discussion, Raheja Sterling was highlighted as a prime example of how innovative developments are driving growth despite global uncertainties.

Visit us:https://www.rprealtyplus.com/news-views/splendid-finale-of-15th-realty-conclave-excellence-awards-2023-west-112577.html

[ranvijaysingh15]

15th Realty+ Conclave & Excellence Awards 2023 - K Raheja

The 15th Realty+ Conclave & Excellence Awards 2023 – West kicked off with an exclusive conversation on the Indian Real Estate Paradox: Growth Amidst Global Uncertainties. The discussion featured Piyush Gupta, Managing Director of Capital Markets and Investment Services at Colliers India, Vinod Rohira, MD & CEO of Commercial Real Estate at K Raheja Corp, and Parvesh Sharma, Managing Director and India Country Head at Tishman Speyer.

The first panel discussion of the day focused on Decoding the Housing Boom: Affordable, Mid & High-End Demand & Supply. It was chaired by Gulam Zia, Senior Executive Director of Research, Advisory, Infrastructure & Valuation at Knight Frank India. The panel included Sanjeev Chandiramani, CEO of Ruparel Realty, Parth Mehta, MD of Paradigm Realty, Puneet Bhatia, Senior Director at ICICI Venture, Pankaj Kapoor, Founder and MD of Liases Foras Real Estate Rating, and Samira Lalani, Partner at Trilegal.

The next panel of experts discussed Adaptable Commercial Realty: Bold Investments & Risk-Averse New Approaches. Moderated by Ajay Sharma, Managing Director of Valuation Services at Colliers India, the panel featured Girish Singhi, Head of Investments at Godrej Fund Management, Pratik Agarwal, Chief Business Officer at Smartworks, Sanjay Dutt, MD & CEO of Tata Realty & Infrastructure, Sumit Lakhani, Deputy CEO of Awfis Space Solutions, and Shabala Shinde, Partner for Real Estate & REITs at Grant Thornton Bharat.

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[odnewsin]

Dibyakanta Nayak: The man who makes a difference in disaster zones  

He has coordinated disaster response initiatives for more than 20 calamities, spanning 11 Indian states, including several cyclones, Wayanad landslide, Sikkim glacial lake outburst flood and the Odisha train tragedy. Meet Dibyakanta Nayak, a seasoned disaster management professional and environmental advocate, who will join the Dharitri Youth Conclave 2024 in Bhubaneswar November 24 as a…

[martinluther0011]

Exploring the Indian Real Estate Paradox says K Raheja Sterling Pune: Growth Amidst Global Uncertainties

The conclave commenced with an Exclusive Conversation focused on the Indian Real Estate Paradox: Growth Amidst Global Uncertainties, featuring Piyush Gupta, Managing Director - Capital Markets and Investment Services India at Colliers, Vinod Rohira, MD & CEO - Commercial Real Estate at K Raheja Sterling Pune Corp, and Parvesh Sharma, Managing Director and India Country Head at Tishman Speyer.

Visit us:https://www.rprealtyplus.com/news-views/splendid-finale-of-15th-realty-conclave-excellence-awards-2023-west-112577.html

[news365timesindia]

[ad_1] Mumbai, Maharashtra, India The much-anticipated Brand Vision: India 2030 Leadership Conclave, presented by Vritilife, an initiative by NexBrands Inc, took place on November 19, 2024, at the luxurious ITC Maratha in Mumbai. This year’s conclave celebrated extraordinary leaders from the corporate and entertainment sectors who were honored as Extraordinaires for their remarkable contributions to their industries and society.   Vritilife Presents Brand Vision: India 2030 Leadership Conclave 2024   The prestigious event brought together an exclusive gathering of industry leaders, innovators, and influencers, recognizing their efforts in transforming India’s corporate landscape, driving innovation, and influencing the entertainment world. The conclave acknowledged the visionaries whose leadership, perseverance, and trailblazing achievements continue to inspire future generations.   Key Honorees at Vritilife presents Brand Vision: India 2030 Leadership Conclave 2024   The event saw the recognition of several corporate and entertainment icons under different categories:   Corporate Icons: Madan Mohan Mohanka – Tega Industries – Powerful Business Icon Harish Kohli – Acer India – Most Powerful CEO Sanjay Koul – Timken India – Most Powerful CEO Dheeraj Arora – Hygienic Research Institute – Most Powerful CEO Amit Gossain – Kone Elevators – Most Powerful CEO Lav Chaturvedi – Reliance Securities – Most Powerful CEO Deepak Jain – amanté – Dynamic Business Leader Saurabh Munjal – Lahori Zeera – Disrupting Startup Led by Youth Leader – FMCG Sanjib Sahoo – Ingram Micro – Trendsetter of the Industry – IT Distribution & Services Gautam Boda – JB Boda Group – Powerful Business Icon Nitin Jain & Hemant Daga – Neo Wealth & Asset Management – Most Innovative Business Leaders – Wealth & Asset Management Krishnadas R Varier – Arya Vaidya Pharmacy – Leadership Par Excellence – Ayurveda Mathew Job – Watertec India – Most Innovative Business Leader – Bath Fittings Rohini Iyer – Raindrop Media – Influential Entrepreneur Aditya Vikram Birla – Cosmic Birla Group – Dynamic Business Personality Priya Anand Dakle – Dakle Industrial Plastics – Leading Ladies of Influence – Manufacturing Dr. Anand Jacob Verghese – Hindustan Group of Institutions – Powerful Business Icon – Education Aakanksha Kaur – JIS Group – Leading Ladies of Influence – Education Kumari Swetam – Indiana HR and Training Solutions – Leading Ladies of Influence – HR Consultancy & Training Arnav Vij, Karissa Gupta, Vihaan Tampi – Walking Past – Youth Leaders of the Year   Entertainment Legends: R. Madhavan – Game Changer of the Decade Anupam Kher – Change-Maker of Indian Cinema Nawazuddin Siddiqui – Versatile Actor of the Decade Fardeen Khan – Breakthrough Performer Raashii Khanna – Sensational Performer Esha Gupta – Leading Ladies of Influence Dhvani Bhanushali – Pop Sensation of the Year Ali Fazal – Global OTT Icon Sayani Gupta – Impactful OTT Performer Urvashi Rautela – Style Icon Adah Sharma – Power Achiever Pragya Jaiswal – Rising Star (Female) Gurmeet Choudhary – Rising Star (Male) Aastha Gill – Youth Icon (Music) Gauranga Darshan Das – Visionary Leader (Spirituality)   A Night of Recognition and Inspiration: Vritilife presents Brand Vision: India 2030 Leadership Conclave was a spectacular evening of recognition, featuring a host of luminaries from both the corporate world and entertainment industry. The event not only celebrated their outstanding achievements but also provided a platform for networking, inspiration, and vision-sharing about the future of India in the next decade.

Each award recipient was celebrated for their unwavering commitment to excellence and their contributions to shaping the India of tomorrow. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link

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[ad_1] At a national conclave by Metrix Research & Analytics, experts emphasised the need for innovation in affordable, energy-efficient home products to fuel market growth. The home products market, projected to reach INR 3.50 lakh crore, is evolving with the industry's ability to offer luxury items at accessible prices, meeting the growing demand for high-quality products. Bridging the affordability gap was also identified as a key priority, alongside recognising the rising aspirations of Indian consumers.   Industry leaders and innovators discussed the need to align with evolving aspirations of India's diverse consumer base   Themed 'Identifying Growth Opportunities for Home Products', the conclave organised by Metrix Research & Analytics, brought together business leaders and innovators to deliberate on the future of this segment, and how imperative it is for the industry to align itself with the changing needs and aspirations of India’s vast consumers' landscape.   In his keynote address, Vipul Roongta, MD & CEO, HDFC Capital Advisors Ltd., highlighted India’s demographic shift and the growing middle class, many of whom are yet to purchase their first home. This presents a massive opportunity for growth in the housing market. Roongta stated, “India is in the middle of a housing boom, largely in the affordable segment. The middle-income consumer segment desires homes and home products that reflect modern aspirations whilst remaining affordable. Bridging this gap is essential to drive the next wave of growth. By offering energy-efficient, affordable solutions and positioning them optimally, the industry can not only meet the evolving needs of the consumer but also contribute to sustainability.”   Leaders also reflected on the macro-economic trends and its bearing on the home products industry. Vivek Chhacchi, Managing Partner at CX Partners, highlighted the significant role of the government’s planned capital expenditure. The government has budgeted Rs. 11 lakh crore for capital expenditure this year, representing 42% of the total budget. As of October, only a small portion of this amount has been spent. However, with the government set to increase spending over the next five months, there is an expectation that the economy will pick up pace as a result. He further elaborated that the government’s finances are in good shape and the infrastructure projects will accelerate, giving a momentum to the industry.   The conclave shed light on trends, including rapid urbanisation, sustainability, and the integration of technology in home products. Venkatesh Vijayaraghavan, MD & CEO of TTK Prestige, discussed the ongoing shifts in consumer habits, particularly in relation to the growing hybrid state of work and life. "The rise of e-commerce and awareness on health and sustainability are reshaping consumer preferences, reflecting a paradigm shift where convenience, functionality, and digital access are at the forefront, opening new growth avenues for the home products industry.” Similarly, Puneet Dhawan, MD of LedVance, highlighted how advancements in LED lighting are driving consumers shift towards sustainability in the home products sector. Mohit Narula, MD of Ariston Group India, added, “As awareness of environmental issues continues to rise, consumers are becoming more discerning, placing greater emphasis on quality, energy efficiency, and sustainability when choosing home products.”   Ejaz Hoda, Director & CEO of Metrix Research & Analytics, emphasised the paradigm shifts that are shaping consumer preferences, stating, “Aesthetic appeal and health consciousness are likely to drive consumer preferences in India’s home products market while technology will remain at the heart of innovation.” Mathew Job, Executive Chairman at Watertec India Pvt. Ltd., emphasised the critical importance of innovation in driving growth, remarking, "Innovation can impact growth and create value in many different ways.

" He also stressed the need for businesses to have appropriate metrics in place to ensure success of innovation.   Drawing parallels with the evolution of tires and telephones, Vivek Yadav, Executive Vice President & Switchgear Business Head, Havells India Ltd., said, "From the first phone call in 1876 to 1.4 billion mobile phone users today, these breakthroughs have reshaped industries. Just as innovation overcame significant hurdles in the past, it continues to be the key to addressing the evolving demands of today’s fast-paced world."   With innovation at its core, the conclave also addressed the intersection of technology and sustainability. Pradyumna Poddar, Chairman at IFMA and President at Fans BU, Usha International Ltd., noted, "It’s essential to find a balance between cutting-edge technology and affordability, so consumers feel the value proposition is worth the price." Technology is reshaping consumer expectations, and sustainability is no longer optional. By addressing these elements head-on, the industry can create a future-ready industry that aligns with the values of eco-conscious consumers.   The idea of ‘premiumization of luxury with affordability’, bringing high-end features to mainstream audiences, was another core theme that was discussed. Leaders advocated for positioning products that combine premium quality with regular price points, creating opportunities to serve aspirational consumers. On account of holistic growth to strategy development, Sameer Anjaria, President, Standard Electricals, Havells India Limited, expressed, "Indian consumers are increasingly looking for avenues to express their individuality in their home decor. This need for uniqueness combined with a clear trend towards smart spending drives positioning. When evaluating the key parameters and influences for any organisation, it is crucial to consider these consumer drivers and balance it with an organisation’s internal parameters like technical and manufacturing ability.”   Dinesh Aggarwal, an industry veteran, former Joint MD at Panasonic Electric Works, India and till recently CEO of RR Kabel Ltd. noted, "Metrix Research & Analytics has been a reliable partner for businesses, offering critical insights and market intelligence. As we tackle new challenges like higher consumer expectation from ease of availability, product innovation and more value from the offering, Metrix is well-equipped to guide the industry in navigating these complexities.”   The conclave saw the presence of several prominent leaders from the home products industry including Saurabh Goel, Executive President, Havells; Dr. Rajbir Singh, Founder of Value Centria; Shankaranarayan V, Sr. Director & Head of Product & Marketing - Consumer Business, Signify Innovations India Limited; Rakesh Chahar, Director, Sheela Foam Ltd; Sriram Rangarajan, EVP, Consumer Electrical and SBU Head, CG Power and Industrial Solutions Ltd; among others. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link