February 11, 2023
I.T.S School of Management, Ghaziabad organised 7th edition of Business Summit-2023 on theme “Rethinking and Reimagining Business for Circular Economy” on 11th February 2023. The summit witnessed a huge participation from industry and academia from International & National Arena, along with the students.
The summit commenced with the address by Shri Arpit Chadha, Honourable Vice Chairman, I.T.S - The Education Group. He warmly welcomed all the eminent speakers and shared his valuable insights on the focal theme with audience. He emphasized participants to take maximum learning from the vast experience and expertise of corporate veterans.
Honorable Chief Guest of the inaugural session Mr. Amit Sharma, Managing Director & CEO of Satin Housing Finance Ltd. spoke about the importance of preservation of environment and he quoted It with “Jaan Hai to Jahan Hai”.
Dr. Mahesh Uppal, Director, Com First, Delhi as Guest of Honour, addressed the issue of profit- making business culture, which essentially runs on a philosophy of Take, Make and Waste.
Mr. Nitin Gupta, Chief Financial Officer, Info Edge Venture as second Guest of Honour focused about difficulties for business to survive individually. He highlighted that sustainability is very important for all and for the circular economy all must adopt the strategy of use waste to make resources.
Dr. Prerna Kumar, Head of Public Policy Convergent; the Keynote Speaker, spoke about what are the challenges economy is facing and who are the ones who are majorly facing the brunt. She advised to focus on developing solutions such as inclusive- technology, creating sustainable business processes and compassionate leadership
Panel Session–I on theme ‘Innovative Business Models to Redesign the Future’ was moderated by Ms. Arti Khosla Founder and CEO Centre of Assessment for Excellence. She mentioned about increased complexities in the corporate world and businesses and also discussed about the implications of National Education Policy (NEP 2020) for rural areas.
Mr. Akash Sharma, President Finance - Bajaj Group brought in light the recent incidents happening in the corporate world by discussing the Hinderberg’s report and its impact on Adani group. According to him the report may affect the share price of the company in the short run.
Mr. Gaurav Malik, Chief Strategy Officer - Successive Technologies shared his thoughts about Cloud Computing and apprised the audience that cloud computing is a 40 years old technology which has gained momentum in the recent past.
Mr. Ambrish Ranjan, Executive Director - Asort talked about how offline retail stores will be affected by the growth of E-commerce and how helpful E-commerce is for both the customers and businesses. He also mentioned about Co-commerce i.e. community commerce where companies are aggregating with the local merchants and reducing the order receiving to delivery time.
Mr. Rajat Jain, Regional Sales Director - Dell International Services India Pvt. Ltd. talked about how Dell has improved its service quality and maintained better delivery to the customers. He also discussed about meeting the needs of their customers and the importance of service delivery in today’s era for businesses.
Online Panel Session-II on theme ‘Rethinking Opportunity: Payments and Circular Economy’ witnessed stimulating discussions from the international panelists, Mr. Punit Mehrotra Senior On boarding Manager Group International - HSBC Hong Kong addressed the gathering on issues like Digital payment and banking systems which are critical components in any economy, that allow real-time access to transactions.
Mr. Amit Kumar Pandey, Director, Technical Program, Walmart Global Tech California, United States was the second speaker who focused on the issues of 50 million digital waste of which only 20% is recycled.
Dr. Ajay Sharma, Founder and CEO-ASR Ventures & Regional Director, Dimitra Technology, South Holland, Netherlands, the third panelist spoke on Hydrogen energy being the most recyclable energy and circular agriculture economy.
Prof. Roy Sembel, Co-Founder, Proud Media Group, Professor - IPMI International Business School Jakarta, Indonesia addressed on Blue Economy and its features like Inspired by the nature, good impact on the world economy, and sustainability.
Mr. Sunish Sinha, Relationship Manager, Doha Bank, Doha discussed state efforts on circular economy in Qatar. In Qatar government is concerned about a circular economy and ensuring the same, successfully organized FIFA world cup.
The beauty of the summit was evident from the way the audience kept peppering the sessions with different questions to the panelists, speakers and their responses for the same. The conveners of Business Summit - 2023 presented plaques to all the eminent guests as a token of gratitude.