A robust manufacturing base is a pre-requisite for India to have a vigorous economy. Accordingly, the Indian government has put forth the National Manufacturing Policy to enable strong growth of the manufacturing sector. Similar efforts have been made recently in developed economies like the UK and the US as both developing and developed countries see manufacturing growth as key to job creation and economic improvement. In light of these domestic and global efforts, MIGM is a pioneering effort by ISB and the founding supporters of the Mohali campus to ‘raise the level of manufacturing in India and beyond through operational excellence and innovation’.
The Institute has an advisory council chaired by Mr. Sunil Kant Munjal, Chairman of the Hero Corporate Services Ltd. It also includes several eminent members whose guidance is invaluable for the activities of the Institute.
The Munjal Iinstitute for Global Manufacturing has an affliation with MIT Sloan School of Management and the curriculum for the Advanced Management Program in Manufacturing and Operations was based on MIT's Leaders for Global Operations program.
Professor Chandan Chowdhury
Practice Professor; Senior Associate Dean -PGP Modular Programmes; Senior Associate Dean - CAS; Executive Director-Munjal Institute for Global Manufacturing(MIGM) & Punj Lloyd Institute of Infrastructure Management (PLIIM)
“India’s growth in the next decade will be significantly influenced by the manufacturing sector’s contribution to our GDP, which is currently at about 17%. In order to achieve this vision in an increasingly global and competitive environment, it has become imperative to transform the way we look at our manufacturing and operations value chain.
Customers today expect increasingly personalised products and services; frequently through various modes of service delivery. Companies, in response, are having to adapt their business processes to these changing consumer trends and demands.
The Fourth Industrial Revolution (popularly called as Industry 4.0) is expected to transform the entire value chain by leveraging state-of-the-art digital technologies. Indian companies are no more isolated and would go through disruptions because of Industry 4.0. The Advanced Management Programme for Manufacturing and Operations is an excellent opportunity for middle and senior executives to appreciate the modern concepts of management that can be leveraged to achieve competitiveness in the manufacturing sector”.