Navigating FMCG's Future Towards India Vision 2047 - Insights from Jaipuria's 9th Corporate Summit

The 9th Corporate Summit hosted by Jaipuria Institute of Management was a confluence of ideas, strategies, and expert discussions, particularly in the panel on “Sustainable FMCG Growth for Competitive Excellence in India Vision 2047.” The session was adorned by the presence of esteemed panelists including Mr. Ashutosh Anshu, CHRO at Hitachi India; Mr. Karan Singh, Business Head-Lloyd at Havells; Mr. Prashant Parida, Principal Venture Partner; Dr. Bhupendra Kausal, Head – Manufacturing (HR) at Zydus Wellness; Mr. Amit Jawar, Business Head – North at Dabur India; and Ms. Punam Dagar, HR Head at V3. These luminaries brought to the table a wealth of knowledge across various sectors within the FMCG industry, from human resources to product lifecycle management. They discussed a broad range of topics crucial for India’s growth as we approach the nation’s centenary of independence. Key Discussion Points:

• The evolution of the job market in India, highlighting the juxtaposition of job availability and the skill gap challenge.
• The critical role of inclusivity and diversity in the workplace, showcasing progressive hiring practices.
• The transformative effect of digitalization and artificial intelligence on FMCG operations and the imperative for sustainable practices.
• The transition from conventional CSR to a broader, more integrated concept of Corporate Social Value (CSV).
• Innovative consumer-centric approaches, including packaging and product development enhancements through direct digital engagement.

The dialogue emphasized the need for India’s FMCG sector to continue innovating, embracing technology, and adopting sustainable practices to ensure a balance between economic growth and environmental stewardship. The insights shared by the panelists serve as a guiding framework for industry professionals, academicians, and students alike as we stride towards a future where economic development and environmental sustainability are not mutually exclusive but are pursued in tandem for the prosperity of India by 2047.