BUSINESS NEWS

Goa's Top B-School Hosts Largest Virtual Convocation Ceremony For PGDM Batches of 2020 and 2021

Top B-School Goa Institute of Management (GIM) recently hosted its largest virtual convocation ceremony for all four PGDM program batches of 2020 and 2021. It was the first convocation ceremony of t h e B i g D a t a A n a l y t i c s p r o g r a m . A f t e r h a v i n g completed over 22 months of a c a d e m i c a l l y p a c k e d i n t e n s i v e t r a i n i n g w i t h e x p o s u r e t o i n d u s t r i a l projects, a total of 842 students were conferred their diplomas at the convocation ceremony. While presenting the Director's Report on the institute ' s performance for the last academic year, Dr. A j i t P a r u l e k a r , Director, GIM, said, "Despite all odds, we were able to achieve 1 0 0 % p l a c e m e n t across all programs. Graduating in the midst of COVID-19's a m b i g u i t y a n d turbulence has been very difficult, but I guarantee that GIM grads are prepared t o s u c c e e d n o m a t t e r w h a t t h e situation.” Dr. Ajit continued, “Emphasis should be given on lifelong ongoing learning, a positive attitude, and understanding the value of your loved ones. These values will build great leaders and eventually help build a successful career.” Ashank Desai, Chairman of the GIM Board of Governors and Founder of Mastek, said, “The key takeaway should be adaptability. Great leaders will act quickly, survive and emerge victorious in this fastchanging world.” Over the years GIM has earned the distinction of being one of the country ' s best management schools. GIM' s s t r e n g t h i s i t s d i v e r s i t y , whether that diversity is academic, ethnic, or social. The institute presently boasts of its outstanding students, excellent infrastructure, and the best talent that makes up its core faculty. Through the various shortcomings during the pandemic, the faculty m a d e s u r e t h e l e v e l o f education and training does not get hampered and that the students are prepared at par with the industry level.

Capacity Building Program on How To Boost Exports

Goa Chamber of Commerce & I n d u s t r y ( G C C I ) i n association with EEPC India, Indo-American Chamber of Commerce (IACC), Goa State Industries Association (GSIA) organised a full day seminar 'Capacity Building Program - How to boost exports of Engineering products from Goa' on 16th March, 2022. The chief guest for the event M r N i t i n K u n k o l i e n k a r , President, Manufacturer A s s o c i a t i o n o f I n f o r m a t i o n Technology in his s p e e c h e m p h a s i z e d o n the urgent need to align India's export strategy on a portled growth which has been success s t o r y i n m a n y countries across the globe. He mentioned that the Goan port is not capable of handling the cargo needs and that it should not be looked upon as the one to serve the future needs of the industry rather the state should work on utilizing other all its strengths and creating a Dry port or Container Freight Station (CFS). Mr Ralph de Sousa, President, G C C I i n h i s a d d r e s s m e n t i o n e d t h a t G o a i s positioned in a very strategic position in terms of logistical connectivity and availability of ports via sea, air or rail infrastructure required for exports. Sharing excerpts from the Eport preparedness survey report 2020 made by NITI aayog, he said that Goa's index of 40.94 is just below 45.80 of Delhi which suggests the presence of a conducive e n v i r o n m e n t f o r o v e r a l l exports. Mr Mahesh Desai, Chairman, EEPC India in his speech stressed on the point of building a clear vision & r o a d m a p f o r o u r f u t u r e , discovering new possibilities a n d e x p l o r i n g n e w technological opportunities. H e h i g h l i g h t e d t h a t t h e contribution of the state placing it at the 18th position in the country and that its exports which values more than 2 billion dollars are mainly in pharmaceutical sector. He also stated the key factors which will boost exports mainly being growth of the manufacturing sector, eliminating the transportation problems, ensuring last mile connectivity and the working of Government administration in tandem with the exporters. The other dignitaries on the dais being Mr Saurabh Shah, President(WR), IACC, Dr Rajat Srivastava, Regional Director (WR), EEPC India, Mr Santosh Kenkre, Chairman, IACC-Goa Chapter, Mr Vishwanath Kochkar, President, GSIA also spoke. The seminar concluded with Vote of Thanks by Mr Sanjay Amonkar, Director General, GCCI.

www.incrediblegoa.org KINECO Kaman Achieves A New Milestone By Delivering EBS Assembly for ISRO's GSLV MARK-III Launch Vehicle

Kineco Kaman Composites India Private Limited (Kineco Kaman) completed its first c o m m e r c i a l d e l i v e r y o f Composite Equipment Bay Shroud (EBS) Assembly to V i k r a m S a r a b h a i S p a c e Centre (VSSC), a division of I n d i a n S p a c e R e s e a r c h Organization (ISRO). Kineco Kaman is India's first private company to have successfully s u p p l i e d t h e s a i d Composite A s s e m b l y

f o r Geosynchr o n o u s S a t e l l i t e L a u n c h V e h i c l e ( G S L V ) M a r k I I I . F o u r ( 4 ) more EBS is scheduled to be delivered by December 2023. On this accomplishment, Shekhar Sardessai, Founder of Kineco Group and Chairman & Managing Director of Kineco Kaman commented “It is an important milestone for the company, we are extremely jubilant and proud to be a part o f I S R O ' s G S LV M a r k - I I I p r o g r a m a n d c o n t r i b u t e towards India's self-reliance in space technologies. We are p l e a s e d t o m e e t t h e expectations of ISRO/VSSC and to have fulfilled the trust placed by them when they decided to outsource this critical activity to the private sector. We are hopeful that this milestone achieved by Kineco Kaman will pave the way for more opportunities a n d h e l p i n o v e r a l l d e v e l o p m e n t o f s p a c e capabilities in India's private sector in line with the Hon. Prime Minister's vision.” As part of its commitment to p r o m o t e p r i v a t e s e c t o r participation in developing space capabilities in India, V S S C h a d d e c i d e d t o o u t s o u r c e t h i s c r i t i c a l assembly. V S S C e n t r u s t e d t h i s

responsibility to Kineco Kaman taking into consideration its legacy of proven performance a n d e x p e r t i s e i n industrialization of complex composite assemblies. Over the last eighteen months, VSSC and Kineco Kaman teams worked alongside to align the competencies to manufacture this critical assembly for the launch Shekhar Sardessai, Founder of Kineco Group and Chairman & Managing Director of Kineco Kaman flags off the milestone delivery. vehicle. EBS Assembly is a complex and critical 4m diameter CFRP hat-stiffened structure that houses sensitive equipment of the GSLV. The composite segments are fabricated using carbon fiber prepreg and aluminum core material which is cured using an Autoclave and are then assembled using various titanium and aluminum hardware to tight tolerances.

IHCL Launches Paathya Sustainability Program To Eliminate The Use of Single Use Plastics

Ta t a G r o u p

' s Ta j H o t e l s l a u n c h e d i t s “ P a a t h y a ” sustainability programme on Tuesday, with the goal of eliminating the use of singleuse plastics and meeting water requirements through recycling and reuse by 2030. Taj parent company Indian Hotels Company Ltd (IHCL), announced today the creation of this framework to guide its sustainability and social impact initiatives. Paathya, derived from the Sanskrit term f o r a p a t h , s u m s u p initiatives to lead positive change with IHCL's core values of Trust of all stakeholders, Awareness of our ecosystem's needs, and Contentment at heart. India

' s largest hospitality company, has set several short and long-term goals to be met by 2030 as part of this p r o g r a m . T h i s i n c l u d e s certifying all of its hotels to a global sustainability standard. EV chargers will be installed in parking lots. M r . P u n e e t C h h a t w a l , Managing Director & Chief Executive Officer, IHCL, said, “Today, it has become even more important to chart a new tomorrow – one that is more sustainable and inclusive. We believe this is the only way to drive India ' s journey to be among the top travel and t o u r i s m e c o n o m i e s . T h e launch of Paathya is in line with IHCL' s commitment to strengthen its resolve of contributing to society with an integrated approach towards creating sustainable growth and positive impact. This reaffirms our founder, Jamsetji Ta t a ' s v i s i o n o f k e e p i n g community at the heart of the business. “ Paathya strives to create a j o u r n e y f o c u s e d o n Environmental Stewardship, S o c i a l R e s p o n s i b i l i t y , Excellence in Governance, Preserving Heritage, Value Chain Transformation, and Sustainable Growth, carrying on IHCL's over-a-century-old legacy. G Kishan Reddy, Hon'ble Union Minister of Tourism, Culture and Development of North Eastern Region (DoNER), Government of India, said “Sustainable and responsible tourism is the way forward and the Government of India is a l r e a d y w o r k i n g i n t h i s direction. The government and the industry together are exploring ideas, solutions, and s t r a t e g i e s t o f a c e t h e environmental and societal challenges. I applaud IHCL for i t s h o l i s t i c a p p r o a c h o f Paathya and for leading the path for the sector.” At the official launch, Niti Ayog CEO Amitabh Kant — the man behind the “Incredible India” campaign that was launched nearly two decades ago — stated that hotel rankings should be based on how ecofriendly property is rather than the usual three, four, or five stars. Ms. Rupinder Brar, Additional D G , M i n i s t r y o f To u r i s m , G o v e r n m e n t o f I n d i a , attended the event.