IIM conclave dwells on pros and cons of protectionism

AMRITSAR: Sankshetra 3.

IIM conclave dwells on pros and cons of protectionism

‘Sankshetra 3.0’ underway at the Indian Institue of Managment-Amritsar on Saturday. Tribune photo

Tribune News Service

Amritsar, December 15

Sankshetra 3.0, an operations and strategy conclave of the Indian Institute of Management-Amritsar, on Saturday discussed protectionism in trade practices and its impact on business globally.

Factual insights on the topic, “Retail 3.0: Operational efficiency in modern retail” and “Business strategies in the face of protectionism” were discussed threadbare.

Protectionism refers to government actions and policies that restrict or restrain initial trade, often with the intent of protecting local businesses and jobs from foreign competition.

The panelists began by discussing how different countries and multinational companies (MNCs) have been conducting trade among each other for centuries.

The discussion took place in two panels, named Operations and Strategy.

The Operations panel included Amantran Ghosh of Nestle, Dhaval Raja from Raymond, Gourav Agarwal and Subhas C Basu of PayTm. The discussion was moderated by Dharmender Matai, CEO, Alisha Retail.

The panel discussed operational efficiency in retail market and technological intervention that plays a key role in improving operational efficiency.

The Strategy panel included Mohit Agrawal of Barclays, Narinder Sethi of Tech Mahindra and Smita Negi of Stryker. The discussion was moderated by Rajeev Singh of Karvy Fintech.

The discussions looked into practical and tangible solutions to protectionism and dwelt on how protectionist policies are changing the game and impacting business and global trade, particularly digital protectionism. The changes in government policy are not effective, they inferred.

The conclave concluded with an interaction between the dignitaries and the students.

Top Stories

LIVE: After night's halt, Punjab farmers resume march towards Delhi

LIVE: After night's halt, Punjab farmers resume march towards Delhi

More farmers under the banner of the Kisan Mazdoor Sangharsh...

Singhu, Tikri borders in Delhi still shut; farmers reluctant to go to Burari

Singhu, Tikri borders in Delhi still shut; farmers reluctant to go to Burari

Say it is a strategy to confine them there; say they can sit...

Murthal's Sukhdev dhaba provides free food to protesting farmers

Murthal's Sukhdev dhaba provides free food to protesting farmers

The eatery has earned accolades for coming to the support of...

Despite facing teargas, farmer helps cop drink water; netizens all praise for it as video goes viral

Despite facing teargas, farmer helps cop drink water; netizens all praise for it as video goes viral

Farmers stepped forward to extend a helping hand to others, ...

NCP MLA dies during treatment for post-Covid complications

NCP MLA dies during treatment for post-Covid complications

Bharat Bhalke (60), a three-term MLA from Pandharpur-Mangalv...

Cities

View All