Institute of Management Studies, Ghaziabad

(University Courses Campus)

REPORT OF Expert Guest Lecture

Summary of the Event:

Manufacturing still has the greatest multiplier effect, in terms of job creation of any sector of the economy.

    -William clay ford.

Event Report

School of Management at IMS Ghaziabad UC campus conducted the Expert Guest Lecture on ?Building resilience for growth in the manufacturing sector? for Management Students. The session began with a warm reception of our honourable guest Dr Amitabh Rajan (IAS Retd.) Chairman, Reserve Bank of India Services Board. Prof. (Dr) Ajay Kumar, Director, IMS Ghaziabad UC campus, welcomed the guest with a memento as a token of gratitude.

Our honourable guest addressed students on some important aspects for growth in the Manufacturing sector and the future challenges that would be faced by the world. He told about the 4th industrial revolution and how can we shape the new manufacturing sectors, new reliable ideas should run the world and how the situation will be tomorrow. Dr Rajan also discussed the cluster city concept developed by China in making the country the manufacturing hub and how India can learn to build its manufacturing sector.

He had discussed various challenges of which are being faced by manufacturing sectors. He also discussed the Global Financial crisis (2008). The crisis led to the Great Recession, where housing prices dropped more than the price plunge during the Great Depression. He also presented his thought on the topic which was the rise of fintech and blockchain in the manufacturing sector.

He also recommended reading various books related to high economic and global intellectual delegates which will help broaden the perceptive of students in the global management sector. Overall, the session was highly beneficial for the students to learn about the current and future scenario of the manufacturing sector in the global world and what new methods can be adopted to enhance resilience.

The guest lecture came to a conclusion with votes of thanks by Prof. Vanchan Tripathi, Asst Professor, School of Management.

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Chairperson                                                                                                   Director