Vedanta President T K Chand Conferred ASSOCHAM Lifetime Achievement Award In Bhubaneswar

Bhubaneswar: The prestigious ASSOCHAM lifetime achievement award was on Wednesday conferred on Vedanta President and former NALCO CMD Dr Tapan Kumar Chand for his outstanding contribution to the industry and society.

The award was presented at a national conclave organised by the premier industry body in Bhubaneswar.

Industry captains, HR professionals, consultants, scholars, and industry professionals attended the conclave which was addressed by eminent personalities including former Odisha Chief Secretary B K Patnaik and Director of IIM Sambalpur Mahadev Jaiswal.

In his address, Patnaik highlighted the rat race going on in chasing placement & package, while Jaiswal underlined the need for support to the start-ups. He presented the successful case studies developed by IIM Sambalpur for small entrepreneurs. He also underscored the speedy digitisation that is going on, an Assocham release said.

Dr Chand in his address spoke about the latest trends in next generation HR like emergence of knowledge worker in Industrial relations scenario.

Next generation HR needs to visualise and prepare industry ready employees who can cultivate the benefit of this 4^th Industrial revolution, he said.

Chand also pointed out that in past India has missed the benefit of second industrial revolution when mass production started with application of electricity as the country was not prepared. In 3^rd Industrial revolution, India got some benefit as it has a vast reserve of English educated technical manpower. Fourth Industrial revolution or Industry 4.0 is happening in a time when India is going to be the youngest nation in the world with 64% of its population in working age group, he said.

Next generation HR needs to move to find out ways and means to make this work force future job ready not only in industrial sector but in service and agricultural sector as well, he said.

JSPL President Prasant Hota presented the thinking of Bhagbat Gita and its relevance in the management.