Building a Resilient Economy: Key Insights from Jaipuria Institute of Management's International Conference

On July 6, 2024, the Jaipuria Institute of Management, Indirapuram, Ghaziabad, hosted an impactful International Conference on “Building a Resilient Economy: Policies and Strategies for Sustainable Growth.” The event gathered renowned academicians, researchers, and practitioners from across the globe to discuss and share insights on sustainable economic growth.

Key Insights from Distinguished Speakers

Welcome Address by Prof. (Dr) Daviender Narang Prof. Narang emphasized the importance of economic resilience in the face of global challenges such as the COVID-19 pandemic, geopolitical tensions, and climate change. He highlighted:

• The role of academia in bridging the gap between theory and practice.
• The need for innovative strategies and policies to safeguard the economy.
• The institute’s commitment to advancing knowledge and fostering innovation.

Inaugural & Theme Address by Mr. Shishir Jaipuria Mr. Shishir Jaipuria spoke on the critical need for resilience in today’s interconnected world. Key points included:

• Resilience as the ability of economies and institutions to withstand shocks and adapt to disruptions.
• The impact of global crises like the 2007-2009 financial crisis and the COVID-19 pandemic on economic policies.
• The importance of digitization, technological advancements, and the startup culture in driving India’s economic growth.
• The significance of financial inclusion and digital platforms like UPI in promoting economic resilience.

Keynote Address by Prof. Ken Nishikawa Prof. Ken Nishikawa’s keynote address on “Middle as Wisdom in Resilience: A Path to Sustainable Growth” highlighted:

• The concept of balance and moderation as essential for sustainable growth.
• The role of middle managers as leaders in fostering collective wisdom and resilience.
• Insights on human development and the importance of nurturing talent for sustainable economic growth.

Address by Chief Guest Prof. J. P. Pandey Prof. J. P. Pandey focused on self-reliance and resilience in the Indian economy, discussing:

• The need to reduce dependency on external sources and focus on innovation.
• The importance of manufacturing growth and the ‘Make in India’ initiative.
• The role of education and skill development in building a resilient economy.
• The significance of infrastructure development and financial prudence for economic stability.

Parallel Technical Sessions The conference also featured several parallel technical sessions, which covered diverse topics. The conference concluded with thought-provoking discussions and a deeper understanding of balanced and sustainable approaches to building resilient economies. Participants left inspired and equipped with actionable insights to drive economic growth and resilience in their respective fields. The event underscored Jaipuria Institute of Management’s commitment to fostering dialogue and collaboration among experts to promote sustainable economic development.