Reviving the Manufacturing Sector - 26 Jul 2023

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MANUFACTURING MANUFACTURING
REVIVING THE REVIVING THE W H Y & H O W ? MMA MANAGEMENT CENTER Wednesday, 6:00 pm - 7:30 pm J U L 26 2023 Evening Seminar
SECTOR SECTOR

Synopsis

Every time there is a talk of boosting the nation’s economy, the contribution of the Manufacturing sector gets an undeniable mention and for right reasons. However, the idea of Manufacturing has changed over the past decades. These were also the decades when the nation shifted gears, moving away from Manufacturing to the multi-disciplined Services sector, starting from IT/ITES to hospital, hospitality and much more, as the mainstay of economic recovery in the Reforms era.

What does Manufacturing entail now? Whether it should still be linked to job creation, or exports for shoring up forex reserves, or just providing the eco-system for investments for the industry to make profits – with the hope of ploughing it back, as used to be the concept pre-Reforms?

The questions are manifold in this era of increased mechanisation of manufacturing, deployment of robotics and now AI. The eagerness of successive governments at the Centre and in the States has been to promote foreign direct investments (FDI), which entails the repatriation of profits and at times capital at will. This has consequences for domestic industry, governmental revenues – with much larger political and strategic implications at times. Most governments in the reforms era have also felt its adversarial electoral impact, as the society takes it all amiss.

Does it mean that the Indian industry is strapped for cash or ideas or both? In the era of ‘Atma Nirbhar Bharat’, should the government also revisit the ideas that evolved at the height of the 1990 Economic Crisis, where seeming priority was given to globalisation than liberalisation (the latter creating investment eco-system for the domestic industry, on the lines of what the ‘Bombay Club’ had said in the early forties, and later in the early nineties, when Economic Reforms happened.

The reasons are not far to seek. In a populous and even more diversified democracy as India’s, the benefits of government schemes, whether in industry or health, education or electrification, all should reach the last man in the last hamlet, however distanced in time and space he may be from the power-centre at distant Delhi. The converse will have its own consequences, industrial, economic, hence political and social.

The question is where we are headed as a nation.

Programme

5:15 PM Registration & Hi-Tea

6:00 PM Welcome Address

Mr K Mahalingam

President, Madras Management Association

Partner/Director TSM Group of Companies

Opening Remarks

Mr N Sathiya Moorthy

Convenor, Policy Matters - Chennai

Keynote Address by the Chief Guest

Mr Sanjeet Singh, IRS Senior Adviser

Trade & Commerce Economics

Finance & Disinvestment, G- 20 Coordination (NITI Aayog)

Special Address by the Guests of Honour

Mr A Viswanathan

President, Delphi TVS Technologies Ltd & GC Member, The Madras Chamber of Commerce Industry

Mr Easwaran Subramanian Partner

Deloitte Touche Tohmatsu India Pvt Ltd

Interaction with the Chief Guest & Guests of Honour folowed by Q & A

Vote of Thanks 7:25 PM

Gp Capt R Vijayakumar (Retd), VSM Executive Director, Madras Management Association

Commerce Economics

Finance & Disinvestment, G- 20 Coordination (NITI Aayog)

Mr Sanjeet is currently Senior Advisor at NITI Aayog on Industry, Trade and Commerce, Economic and Finance, and Disinvestment related policy.

His skills are related to Government, Public Affairs, Process Improvement and Public Policy.

He is also an Advisory in Telecom Regulatory Authority of India (TRAI) He was Principal Commissioner at Income Tax Department from Nov 2020 - Jun 2022.

He completed his Master’s Degree in Physics at St. Stephen’s College, Delhi. He completed his Accounting and Finance from Duke University, US. He completed his Public Administration from École Nationale d'Administration (English: National School of Administration), a French University.

Profile

Mr A Viswanathan

Mr Viswanathan has been in a CEO role for 18 years with top and bottom line responsibility for multiple business divisions and operations across various legal entities and plants in India. Extensive work experience spans Finance, Operations, Marketing, HR, Corporate Planning and Strategy and includes working with a Fortune 500 American MNC, a large Indian industrial house, a group of Indo-US joint ventures and a management consulting firm He has held leadership roles in diverse industries such as automotive, engineering products, petrochemicals, capital goods, infrastructure and fertilizers. He is very customer focused and also a strong believer in human capital.

A leader with a global mindset, Vishwanathan has a successful track record of new launches, turning around existing operations, strategizing / implementing plans for exceptional growth, transforming the culture and scaling up as well as executing acquisitions. He has gained experience selling to a variety of end user industries including automotive, oil & gas, power, chemical, paper, pharma and metals, and also in selling through multiple channels - dealers, OEMs, EPC contractors and end users Prior to taking on the CEO role, Vishwanathan was Director in charge of Finance and Business Planning for Visteon. His rich experience in finance covers all the different facets of finance function spanning Treasury, Tax, Accounting, Internal Audit, Analysis and Reporting, Controllership, Costing/Budgeting and Business support.

Mr Vishwanathan has been a guest faculty at various business schools in India and abroad on subjects of leadership, management, finance and economics. He has served on the National Board of Directors and Executive Committees of various chambers of commerce and also been a member of several advisory panels set up by the Central and State Government

He has a unique blend of qualifications in Finance, Engineering, Marketing, Information Technology and Law.

Profile

Easwaran Subramanian Partner

Deloitte Touche Tohmatsu India Pvt Ltd

Easwar leads the Supply Chain & Network Operations practice for the firm in India and, the offerings for Asia Pacific region

He focuses on transformation programs that deploy class leading operating models and, modern supply chain and manufacturing systems at organizations with an emphasis on sustainable growth.

Dimensions of the deployment include supply chain strategy & planning, digital supply networks and smart manufacturing across a number of sectors including consumer business, industrial products, and life sciences across geographies.

He is a member of committees of leading chambers of commerce and industry and, works with national bodies on sector specific growth strategies for India.

Easwar has a degree in Mechanical Engineering and is a Post Graduate in Business Administration.

Profile

Connect

Email:

mma@mmachennai.org

Phone Number

044 - 28291133 / 28291166

Website

www mmachennai org

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