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8th International Economics Conference

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The 8th International Economics Conference was organized by SDMIMD on November 29-30, 2023 on the theme of “Economic Growth and Sustainable Development: Emerging Trends”. 
This annual conference was inaugurated by Mr. Udaya Kumar Hebbar, Managing Director, CreditAccess Grameen Limited. “Microfinance is now no longer micro, but has become a new asset class”, said Mr. Udaya Kumar Hebbar, in his keynote address. “ He further said, “Microfinance has been contributing silently by gradually bridging income and livelihood disparity and creating a platform for better gender parity, particularly in rural India. Alongside, through their initiatives, Microfinance Institutions contribute substantially to achieving Sustainable Development Goals by addressing poverty, quality education, gender equality, clean water and sanitation, amongst others”. In his address, Mr.Hebbar also outlined opportunities and challenges before the microfinance sector in this changing environment. He believes that the new harmonized microfinance guidelines by the regulatory authority envisage protecting customer interest. By enabling microcredit to the last mile of society the sector contributes to the inclusive growth of the rural economy, said Udaya Kumar Hebbar.
Dr.B. Venkatraja, Chairperson of the Conference, SDMIMD introduced the theme of the conference and highlighted the background. He opined that maintaining a balance between economic growth aspirations and the need for environmental protection is a critical aspect of sustainability.  Dr.Mohamed Minhaj, Chairperson of Academic Programs at SDMIMD gave an overview of how technologies and innovations drive the economy.
Sri. Pravin Iyer, Managing Director, Relicare Tech Services, Dr. Davood Askarany, Senior Lecturer, Business School, Accounting and Finance, The University of Auckland (NZ) and Dr Basavaraju R, Executive Director, GRAAM were the other distinguished speakers of the conference. Sri. Sriram Ranganathan, Vice President and Global Tax Head at Wipro Limited and Sri. Vijaykrishnan Venkatesan, Chairman, CII Karnataka State Council & Managing Director, Kennametal India Ltd delivered the valedictory address. 
The two-day conference deliberated on 130 academic research papers presented by academicians and research scholars from different reputed institutions. Several emerging issues and trends relating to the economy, growth, and sustainability were deliberated. 

Speech by Mr. Vijaykrishnan Venkatesan, Chairman, CII Karnataka

Mr. Vijaykrishnan Venkatesan, Chairman, CII Karnataka State Council & Managing Director, Kennametal India Ltd was the Chief Guest to the valedictory session of the two-day 8th International Economics Conference on the theme of “Economic Growth and Sustainable Development: Emerging Trends” on November 30, 2023. While talking about economic growth and sustainability, Mr.Venkatesan was trying to present an overview of the paradoxical scenario between them. Some of the basic industrial sectors such as steel, pharma, cement, chemical, fertilizer, etc were driving the development of the economy with their growth but negatively affected the environment and sustainability. He called for a balanced approach to development wherein more growth does not affect sustainability. Mr.Venkatesan considers governance as an important element and calls upon the industry and the government to follow high standards of governance. The session was attended by conference delegates, academicians and students.

Address by Sriram Ranganathan, VP-Wipro Ltd.

Mr. Sriram Ranganathan, Vice President and Global Head of Taxation at Wipro Ltd delivered the valedictory address to the two-day 8th International Economics Conference on the theme of “Economic Growth and Sustainable Development: Emerging Trends” on November 30, 2023. In his address, Mr Sriram presented an overview of the current state of the Indian economy. He said that India is a country of immense growth opportunities as many of the sectors have shown strong resilience to the COVID-19 pandemic and geo-political factors. He believes that the Indian demography can be translated into a dividend which requires proper man-power planning. Mr.Sriram considers regular and continuous up-skilling and re-skilling of the employees as a critical force of productivity and growth. He also outlined the risks and challenges of the growth of the Indian economy. The session was attended by conference delegates, academicians and students.

Session on Social Enterprises

In a thought-provoking session at the two-day 8th International Economics Conference, Dr. Basavaraju R, Executive Director of the Grassroots Research and Advocacy Movement (GRAAM), delivered a talk in the realm of social enterprise. He shed light on the challenges obstructing economic growth, such as unskilled labor, financial illiteracy, labor movement complexities, and women's participation hurdles, particularly at rural economy.  The speaker highlighted the crucial role of Civil Society Organizations (CSOs) in driving economic growth as their contributions through innovation, microfinance, job creation, and community empowerment shape and propel societal advancement. He meticulously outlined the impactful policies and laws that can drive development, ranging from RTI and MGNREGA to initiatives addressing child labor, environment, and disability. The session delved into the essence of social enterprise, dissecting the concept of a social business model. 

This session was delivered on November 30, 2023, as a technical session to two-day the 8th International Economics Conference on the theme of “Economic Growth and Sustainable Development: Emerging Trends”. The session was attended by conference delegates, academicians and students.

Talk on the Pharma Industry

Mr. Pravin Iyer, Managing Director of Relicare Tech Services, delivered a riveting address providing an illuminating insight into the labyrinth of the pharmaceutical industry. His talk dissected the enigmatic landscape of this crucial sector, revealing its intricacies and opportunities. Mr. Iyer emphasized the role of the 10,000 pharmaceutical units in India on the economy, dominated by a mere 500 major players, making it a fiercely competitive arena.
He pinpointed the myriad opportunities, particularly in the domains of operations and logistics within the pharma sector. Mr.Iyer accentuated the industry's dynamism, emphasizing the need for creative thinkers and adept problem solvers who can navigate the chaos and challenges inherent in pharmaceutical management. He elucidated the four major stakeholders in the pharmaceutical industry: consumers, health providers (hospitals), businesses (such as the water industry), and the government. With precision, he detailed the typical 20-year life cycle of a new drug application, stressing the crucial role of funding and investment in India's pharmaceutical future. Notably, he commended the abundant talent pool within the country, especially in inorganic chemistry.
This session was delivered on November 29, 2023, as a technical session to two day the 8th International Economics Conference on the theme of “Economic Growth and Sustainable Development: Emerging Trends”. The session was attended by conference delegates, academicians and students. 

Unlocking Insights at Infosys Mysuru: A Transformative Industry Visit by SDMIMD

The industry visit to Infosys Ltd., Mysuru, was organised for the PGDM 2023–25 batch. The visit was designed to introduce our students to the essence of Infosys—its culture, values, and state-of-the-art facilities. More than just a tour, it offered valuable insights into the IT industry, project management, the role of a manager in the IT industry, and unravelling the intricate workings of one of India's leading tech giants. The visit was organised on November 20 and 27, 2023 (conducted in two batches).
Mr. Sundar K.S., Associate Vice President, Infosys Limited, emphasised the role of technology in business functionalities, especially in the era of artificial intelligence. Further, speaking on the role of a manager in the Agile model, he stressed the significance of co-working spaces and cross-functional teams and explored the Scrum methodology, highlighting collaboration for software development. Mr Sundar concluded with a powerful message on continuous learning and adaptability.
Mr. Biligiri Ranga, Operational Specialists, Infosys Limited, gave a glimpse into the history, culture, and products of Infosys. Detailed the Infosys Springboard, guiding students on navigating technical and business domains through this platform.
Dr. Meenakshi, Senior Consultant - Learning, Infosys Limited, shared insights into maximising the use of Infosys Springboard, advocating continuous learning through educational resources for industry readiness. Introduced internship opportunities available on Infosys Springboard tailored for management students.
Dr. Sunil M.V., Faculty - Systems and General Management, SDMIMD, Mysore, designed and coordinated the insightful industry visit.
The visit concluded with an awe-inspiring campus tour, presenting the remarkable infrastructure, cutting-edge facilities, and the green ecosystem of Infosys Mysuru Campus.

Samasti-Inclusiveness - HR Parley 2023

The Employers' Federation of Southern India (EFSI), Karnataka Branch, organized the "Samasti-Inclusiveness - HR Parley 2023" at SDMIMD, Mysuru on November 25, 2023, with 200+ attendees from diverse backgrounds.
Mr. Thyagu Valliappa, Vice-Chairman, Karnataka Committee, EFSI, stressed worker interests. Dr. Muthukumar, President, EFSI, highlighted EFSI's welfare legacy. Mr. Shantanu Roy, Chairman and Managing Director of BEML, emphasized creating an inclusive workplace. Mylswamy Annadurai, a former director of ISRO Satellite Center, linked inclusivity to innovation at ISRO. Two morning sessions focused on CEO expectations and Digital HR. The afternoon sessions delved into labor issues and emerging HR trends. Panellists discussed workforce fairness, AI's HR impact, labor collaboration, and evolving HR trends. Dr. (Lt Col) Prasad S N, Director SDMIMD, Mysore, delivered the special address. Dr. K. Anantha Gowda, CHRO of Nandi Economic Corridor Enterprises Ltd., concluded the conclave with a vote of appreciation.

Outbound Training (OBT) for the SDMIMD Faculty Team

SDMIMD Faculty Members have participated in a 2-day exciting, memorable, and adventurous Out-Bound Training program at Lead College of Management, Palakkad, Kerala between November 17th and 18th. Through daring activities such as rappelling, ziplining, and team tasks, faculty participants were able to overcome fears, improve communication, and foster teamwork. Rope exercises, shooting, and claiming a wall all aided in the development of adaptation, decision-making, and calmness under pressure. The program's mix of physical and emotional challenges encouraged personal development, while events like fire walking fostered mental resilience and self-confidence. Participation in strategic activities such as board climbing and simulated electric rings aided in the development of leadership abilities and open communication.  Dr. Thomas, Founder & Director, of LEAD College of Management, Palakkad, and the SDMIMD Director and Faculty team discussed Management Education and future challenges in meeting the demands of students.  Dr. L. Gandhi, Associate Professor of OB&HRM at SDMIMD, coordinated the OBT.
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