Thematic Focus

Industry 4.0
The Fourth Industrial Revolution (Industry 4.0), typified by the convergence of technologies encompassing physical, biological and digital worlds, is changing the way businesses function. Firms need to understand the disruptive force of technologies that are coming their way and figure out the challenges in terms of social inequity, job losses, upskilling and cross-skilling requirements that it mandates. Without a full understanding of the changes and opportunities Industry 4.0 brings, companies risk losing ground. The MIGM intends to be a thought leader in the space and bring out the distinction between automation potential and technology adoption.
Blockchain for Manufacturing

Blockchain technology has the potential to transform businesses across various sectors radically. There is immense potential for manufacturing to revolutionise by implementing blockchain in use cases to bring in efficiency, security, transparency and traceability. MIGM intends to be the repository of blockchain use cases and be the institution to go to for understanding the implementation of blockchain to improve processes in the industry.

 

Skilling
A significant reason for unemployment in the country is the lack of skills in job seekers. There are plenty of jobs in the environment, but a severe shortage of skilled people to fill them. The anomaly is starkly evident when it comes to women and the marginalised community. Adoption of new age technology can also only take place when there is a skilled workforce to use it. Considering this acute status in the country, skilling of the workforce needs to become the top priority in the agenda of government and industry alike. Academia can play a significant role in imparting the requisite skills. The MIGM is working on the aspect of empowerment of women through skilling and intends to do further research to identify drivers and policies that can make skilling happen on a large scale.
Aerospace and Defence Sector
The Indian Industries in defence, homeland security and aviation will benefit from an inflow of $ 30 billion as offsets through military procurements from abroad over the next decade. This is an opportunity for India to evolve and make manufacturing the hub of her economic growth.  Initiatives in the aerospace sector and Public Private Partnerships in defence offsets can provide jobs, technology and skill development and very importantly, lead to creation of ancillary industries which develop around the major industries. This sunrise industry offers tremendous opportunity to Indian MSMEs to absorb new technology and achieve scale in innovative products.
Indian School of Business provides a neutral platform for various stakeholders to discuss policies and bring about clarity in policy formulation and implementation in this sector. This would motivate startups and entrepreneurs to immerse themselves in this sector to achieve substantial benefits. MIGM also intends to conduct research in the domain of defence offsets.