Union Minister for Commerce & Industry, Piyush Goyal yesterday inaugurated the ‘Centre of Excellence in Logistics and Supply Chain Management at the National Institute of Industrial Engineering (NITIE), Mumbai.
Inaugurating the Centre, the Union Minister said the amount of interdependence in a globalised world calls for significant value addition on several fronts such as packaging, research on transportation, warehousing and more.
“I hope the Centre of Excellence inaugurated today will help the logistics sector become more cost-effective, make the sector more competitive, create new jobs, export more, engage better with the world markets, expand outreach and bring more economic activity to India” he added.
Addressing the NITIE community Goyal opined that India is at a very nascent stage of industrial engineering training, research and study. “There is huge potential in industrial engineering, you can transform the future of this country by the work you are doing. A lot of industrial engineering goes also into sectors such as restaurant design and operations, e-commerce businesses and delivery of public services as well” the Minister added.
Speaking about NITIE, Goyal said, “When I saw the good work done by NITIE, I realised that some back-end support from Government will help in public, private and academia working together as stakeholders and partners”.”
“NITIE, located in Powai, Mumbai is a leading Management Education Institute, pioneering in Engineering Management, and it is widely known for it transformative contribution in the field of supply chain management an
Union Minister for Commerce & Industry, Piyush Goyal on Thursday has inaugurated the ‘Centre of Excellence in Logistics and Supply Chain Management at the National Institute of Industrial Engineering (NITIE), Mumbai.
Inaugurating the Centre, the Union Minister said the amount of interdependence in a globalised world calls for significant value addition on several fronts such as packaging, research on transportation, warehousing and more.
“I hope the Centre of Excellence inaugurated today will help the logistics sector become more cost-effective, make the sector more competitive, create new jobs, export more, engage better with the world markets, expand outreach and bring more economic activity to India” he added.
Addressing the NITIE community Goyal opined that India is at a very nascent stage of industrial engineering training, research and study. “There is huge potential in industrial engineering, you can transform the future of this country by the work you are doing. A lot of industrial engineering goes also into sectors such as restaurant design and operations, e-commerce businesses and delivery of public services as well” the Minister added.
Speaking about NITIE, Goyal said, “When I saw the good work done by NITIE, I realised that some back-end support from Government will help in public, private and academia working together as stakeholders and partners”.”
“NITIE, located in Powai, Mumbai is a leading Management Education Institute, pioneering in Engineering Management, and it is widely known for it transformative contribution in the field of supply chain management and operations,” he added.
Shashi Kiran Shetty, Chairman, Allcargo Logistics, ECU Worldwide, and Gati, and who is also the Chairman of the Society and Board of Governors at NITIE, spoke about his aim to enable the right structure, talent and management so the Centre can live up to the needs of the country and bring India closer to its vision of a USD 5 trillion economy. He also mentioned the institute’s aspirations towards becoming autonomous and achieving new levels of excellence.
In today’s day and age where strategic vision, demand planning, value addition through digital technology and operational excellence are critical for success, the Centre of Excellence in Logistics and Supply Chain Management aims to conduct cutting-edge research, knowledge creation, and capacity-building programs to develop India’s logistics sector through applied research and industry outreach to tackle real-time business scenarios.
Backed by Shetty’s active participation, relentless support and deliberations with relevant officials and authorities, along with the support and dedication of Prof Manoj Tiwari, Director, NITIE, and his team of faculty, staff members and students, the Centre of Excellence in Logistics and Supply Chain Management is a landmark development that truly showcases NITIE’s phase of transformation into an institution of global excellence.
