Inauguration
The MBA Program of Fatima College, Organised a National Conference on “INDIAN
WORLD-CLASS MANUFACTURING – THE ROAD AHEAD” on October
1,2015.While delivering the welcome address Dr. Mrs.P.Uma, Director, MBA Program,
Fatima College stated the objective as to explore World class best practices and the way of
overcoming the challenges in the competitive world. Rev. Sr.Dr. K.Fatima Mary, Principal,
Fatima College, mentioned that world class manufacturing is a collective term for the most
effective technologies and techniques to realize the objectives in her presidential address. The
Inaugural address was delivered by Rev.Fr.Francis Xavier, Director, Loyola -ICAM College
of Engineering and Technology, Chennai elaborated the present trends and requirements of
the competitive manufacturing sector. Sustaining quality is the way of life was the point
emphasized by Mr.B.T.Bangera, Managing Director, Hitech Arai Ltd, in the key note
address. Prof.P.Saravanan, Assistant professor, IIM Shillong, presented about the venture
capital management and equity reforms as a special address.
PANEL DISCUSSION
Dr. Rajesh Panda, Director, Symbiosis Institute of Business Management Bengaluru, shared
his views on economics and policies in relation to Indian world class manufacturers. He
threw insights on certain comparison between the past and present GDP contributors from
various sectors to emphasize that service sector are the major contributors to reduce the
current account deficit. Liberalisation and service sector flourishment were the reasons for
the need to become world class manufacturers as per his views. The challenges to become
world class manufacturers in his perception are unskilled and semi-skilled labourers, Rupee
value depreciation, resistant to change, Governance, Investment gap, lack of proper
infrastructure etc. He suggested changes in industrial policies, labour/industrial friendly laws,
encouragement of MSME’s and bringing down investment gap through FDI.
Mr. Nawas Babu, C.E.O., S.A. Knitwear’s Pvt. Ltd.,Madurai, expressed his views on the
importance of employment opportunities in start-ups. He discussed about the current scenario
in manufacturing sector. He mentioned the flaws in our manufacturing sector such as
outsourcing, man power management etc. He concluded that India is a balanced economy
which has opportunities for further development.
Mr. KR. Gnanasambandan, Managing Director, Green(India) Laboratories Ltd., CEO &
Trainer, AATHMA, emphasized on the need for World Class quality for different classes of
customer. The guest speaker put forth certain requirements to be world class quality leaders
such as bench marking, safety, and standard. While considering certain requirements he
highlighted the challenges of Indian Manufacturing Sector in Global market.
Dr.R.Venkatesakumar, Associate Professor, Department of Management Studies Pondicherry
University, related the topic to strategies of various global and Indian firms that compete at
World Class manufacturing. Core competencies required as per his views are SCM, product
development, employee engagement, etc. He illustrated the globally competent Indian firms
such as JCB, Saint Gobin, TVS sundaram clayton, MRF, Cavin care, SAIL, ISRO launch,
etc. He emphasised on the need for continuous improvement.
ALUMNAE INTERACTION
A separate session as Alumnae Interaction was organised on the same day where they shared
their corporate experience. Along with them Prof.P.Saravanan, Assistant professor, IIM
Shillong and Mr. Jayakumar, Senior Consultant, Tamilnadu Council for Enterprise
Development (TACED) and The Director of SVN College, discussed on the role of the MBA
programme to cope with corporate. Mr. Jayakumar presented about the MoU with the
department. Prof. P Saravanan, emphasised on in industry institution interface. Alumnae had
a discussion on the best practices in their work place. Data base of Alumnae was also created
on the same day.
PAPER PRESENTATION
Presentation were made by participants from various institutions and the juries for the session
were Dr. D. Ramkumar, Professor, Government Arts and Science College, Paramakudi and
Dr.Vijayadurai, Department of Management Studies, Madurai Kamaraj University, Madurai
VALEDICTION
The valedictory address was delivered by Dr.Vijayadurai, Associate Professor, Department of
Management Studies, Madurai Kamaraj University, Madurai. He suggested that the
institution to have tie up with some industries which enables students to get more exposure
and develop their skills. The special address was followed by Mrs.K.Mary Jacinta, Vice
principal (shift-II),Fatima College. She insisted on strong communication skills are to be
developed to become a vibrant leader in competitive world. She also told some tips to
overcome struggling of fluency in communication and added some ideas to face group
discussions.
note :
Context:
With the instigation of industrial rebellion, Indian companies are using more turbulent,
dynamic and complex manufacturing strategies to compete successfully with World-Class
Manufacturers. The Indian world-class manufacturing is featured with Customer focus,
Financial reforms, Human capital, Quality, and Agility such as the ability to quickly,
efficiently and effectively respond to change.
The objectives of Indian World-Class Manufacturing efforts are to maintain market share,
improving profitability and civilizing the firm's ability to contend in a global market place.
The future perspectives of Indian World-class manufacturing is lying on the focus of the
companies on Indian Development, Govt. Policies and New Regulation, Indian Financial
Reforms, HRM Development, Marketing Growth and Technology.
