India will emerge as an Innovation Hub in global supply chain with its growing MSME, rise of youth & women leaders and improved infrastructure

Jun 5, 2024 India Shipping News

MUMBAI : Blue Ocean Corporation’s flagship event, the International Procurement and Supply Chain Conference (IPSC), 2024 was recently held here, where Chief Guest Mr. Sourav Ganguly, Chairman of the ICC Cricket Committee and Former President of the BCCI, shared his thoughts on “From the Pitch to the Boardroom: Aligning Leadership Strategies for High Performance”. The theme for this year’s conference was ‘India Tomorrow: Economic Supremacy through Supply Chain Transformation”.

The supply chain industry is valued at $320 billion, and spells significant growth opportunities for India if optimised supply chains and efficient procurement practices can be harnessed. The IPSC aims to capitalise on these very prospects by bringing together the industry’s very best global thought leaders, innovators and investors.

Remarking on the potential of the conference, Blue Ocean Corporation Group CEO Dr. Sathya Menon said, “The IPSC proved pivotal in positioning India as a world leader in economic innovation driving a comprehensive transformation in the supply chain sector. As promised the event was a melting pot of ideas, innovations and strategies that shall shape the future of the global supply chain and enhance global trade and boost the Indian economy.”

The conference boasted an illustrious list of speakers including:

1.     Major Shubhra Agrawal – Global Lead – IT Supplier Relationship Management, State Street

2.     Ms. Saleha Shaikh – Founder & Head, Women’s Wing – The Maritime Union of India

3.     Mr. Douglas Kent – Executive VP, Corporate and Strategic Alliances, Association for Supply Chain Management (ASCM) at ASCM

4.     Mr. Krishnan Subramaniam – International Vice Chairman – Institute of Chartered Shipbrokers, UK & Strategic Advisor – Transworld Group of Companies.

5.     Mr. Rajiv Bhattacharya – Vice President – Strategy & Projects at V-Trans India Ltd.

6.     Dr Sathya Menon – Group CEO, Blue Ocean Corporation.

7.     Mr. Abdul Azeez – Group Chairman, Blue Ocean Corporation.  

The supply chain has been redefined with the advent of technology and globalisation, and the Indian supply chain market is poised for a grand transformation. Blue Ocean Corporation, the global leader in supply chain training and consulting, has come to India with the focus to accelerate the transformative potential of India’s economic resurgence and the strategic evolution of its supply chain landscape.

“We were excited to host the IPSC Conference in India, reflecting our commitment to unlocking the immense potential of India’s supply chain industry. The IPSC Awards, with Sourav Ganguly presiding over the ceremony, highlighted the remarkable achievements within our field,” added Mr. Jayesh George, Director – Corporate Relations, Blue Ocean Corporation, Honorary President of KCA and Ex. BCCI Joint Secretary.

Mr. Sourav Ganguly, Chairman of the ICC cricket committee, former President of the BCCI, and former India cricket team captain mentioned, “I am excited to join and be a Board Member and international brand ambassador for Blue Ocean Corporation. With my background in sports and having faced various situations, I hope I can contribute towards the success of Blue Ocean Corporation and its larger goal of improving logistics across the globe.” 

With over 200 organisations, 400 delegates, 40 international speakers and thought leaders, 30 sponsors and partners and 6000 positive Google reviews, the IPSC is a critical point in India’s supply chain progression. The panel discussion line-up inspired thought provoking speeches with topics ranging from the globalisation of Indian SMEs to women as change leaders in the logistics industry.

Awardees were the following –

Awards were presented at the IPSC Awards 2024 Ceremony to recognize the achievements of leaders and pioneers driving advancements in supply chain and procurement practices in India and globally. There were seven corporate award categories and one individual award category.

1.  Reliance Retail Company won the Award for Excellence in Sustainable Services.

Mr. Rachit Gupta (Head – Central Supply Chain (Consumer Products) & Head Network Planning) at Reliance Retail received the award.

2. V-Trans (India) won the Award for Excellence in Logistics.

Mr. Mahendra Shah, (CMD, V-Trans) and Mr. Rajeev Bhattacharya (Vice President- Strategy and Projects, V-Trans India) received the award.

3. AGC Worldwide won the Award in Excellence in Pharma Supply Chain.

Mr. Nikunj Desai (Head – Global Supply Chain, AGC Worldwide) received the award.

4. Henkel won the Award for Excellence in Circular Supply Chain.

Mr. Ramit Mahajan (Head – Customer Experience Supply Chain IMEA, Henkel) received the award.

5. Eveready Industries India won the Award for Excellence in Procurement.

Ms. Rekha Bhagwat (West Regional HR Head) from Eveready Industries India received the award.

6. Maritime SheEO won the Award for Women in Shipping and Maritime Logistics.

Ms. Sanjam Sahi Gupta (Director, Maritime SheEO) received the award.

7. Fab India won the Award for the Excellence in Community based Supply Chain.

Mr. Nitin Joshi (Head of Warehousing & Logistics, Fab India) received the award.

8. Krishnan Subramaniam (Vice Chairman of the Institute of Chartered Shipbrokers, UK and Strategic Advisor to Transworld Group of Companies, UAE.) won the Award for Outstanding Leader.