CICU organizes top CEOs meet on growth vision 2025
By Raju William
Ludhiana, February 16, 2019: Chamber of Industrial and Commercial Undertakings (CICU) organised a special meet of top 50 CEOs of different companies based at Punjab’s industrial hub Ludhiana to deliberate on industry’s vision of 2025.
Before starting the event, the CICU strongly condemned the Pulwama terror attack and observed two-minute silent tributes to the martyrs.
CICU president Upkar Singh Ahuja, President inaugurated the session with a welcome speech. They also shared their practical experience of business startup, how did they began business in 1985 and their sweet and sour business experiences.
Stewards of industry did brainstorming for 3 hours to set vision for the industry, While Brainstorming following ideas were discussed to set vision 2025, changing every day for betterment, preparing vision for next 10 years for individual companies, collectively upgrading Ludhiana brand by all companies’ CEOs.
They noted that priority should be to marketing & innovation, strengthening professionals in Industry, modernization and adopting new technologies, engaging more women professional, get rid of thinking barrier, cost control in manufacturing, safety, standardization of process, learn and unlearn of improvement, independent boards for corporate for better results, resource conversation, check brain drain, IT challenge, BS-IV to BS-VI graduation in automation.
It was noted that the purchasing power of the salaried class has increased and it will lead good market demand in new future. Also noted that china model can be a good learning for industry.
J.S Bhogal, Publicity Secretary, CICU ,Moderated the Session said that to be successful, entrepreneurs bound themselves in the role of CEO to Labor. They also spoke about various activities of Chamber at different level & project implemented by CICU in last 10 years to develop the MSMEs of Punjab.
Pankaj Sharma General Secretary-CICU, shared his views on proper planning of your crucial time is a real opportunity to grow business & how entrepreneurs can deliberate their responsibilities to their staff and can expand their business.
J.R Singal, Eastman Caste and Forge, thanks CICU for holding a great event & suggest to arrange more brain storming meetings for best practices in business to achieve the target of 1trillion GDP of INDIA. Also gave his views about finance in industries and importance of cash flow.
The 50 participants comprising many Founder, Directors, M.D, CEO, COO from different industry and trade attended the program organized by CICU. J.R Singal, Sandeep Jain Monte Carlo , Nitin Dada Dada Motors,Rajan Mittal, Prithvi Bassi Monlight ,Vineet Jain, Amit Thapar, Karan Dua Geminy Swe.Mac., Preet Chandok, Nitish Jagota Young Man,, Amit Jain,Shingora Textile Rohit Pahwa, Sandeep Jain Ludhiana Steel , Inderdeep Singh tag Motor, SB Singh, Dev Arjun, Sidharth Mittal, Harjai Gambhir, Gurneh Gambhir, Rajan Mittal Auto International, Amit Mehta, , Devinder Bhasin Barunpreet Singh New Swan, Angad SinghJoint Sec CICU,, Madan Bassi, Madan Lal King Export, Munish Kapoor, Rohit Pahwa & many more.
They all discussed and shared many examples of how business setup and brands were established. They all also shared a futuristic vision for the industry of Ludhiana.