CICU Organised Interactive Session of Young Business Leaders

Ludhiana, April 20, 2015: Sachit Jain, Joint Managing Director, Vardhman Textiles Ltd and Managing Director, Vardhman Special Steels Ltd congratulated and appreciated the efforts and gesture of CICU in building up a critical mask of Young High Profile Professionals and Entrepreneurs that will eventually bring about concrete business growth as well as work towards effecting the necessary changes. Empowering Yong Business Leaders for sustainable growth is the need of the hour as they are future engines of growth. In the present economic scenario young leaders are to be encouraged for raising talent and skills which could lead them towards door of success in this competitive market.  Young Entrepreneurs are to be readied to be Movers & Shakers to make a positive impact on modern industrialization.

He advised youngsters to play to their strength, work sincerely and with passion, be nimble, create self confidence, never compromise on quality, improve technology, go for innovations, build up standards &    strong work force with continuous motivation & appreciation for increasing efficiency, production & decreasing rejection, be respectful to seniors, focus on high quality education with training, provide unique customer service and seek blessings from all corners internally and externally connected with your own existence, your profession and services. You will see the silver-lining of opportunities which will enable to grow and expand your business manifolds. He emphasized to study books namely “How to Win Friend & Influence People”, “The Goal”, “Built to Last”, “Good to Create” and “Winning”

Jain shared business insights with Young Professionals and explained how Vardhman Group one of the largest textile conglomerates in India has grown with group turnover of over USD One Billion. He was actively involved in increasing Vardhman Group’s presence at Baddi, Himachal Pradesh from an initial investment of Rs 32 crores to a cumulative investment of approximately Rs. 1500 crores, setting up of 9 manufacturing units in the process and a direct employment to over 7000 people. Since he became the Managing Director of Vardhman Special Steels Limited, the Company has grown from a turnover of Rs. 250 crores 2009-10 to turnover of Rs. 750 crores in 2014-15. He built up the treasury function in Vardhman with a portfolio over $ 200 million. He has published his first book “Ready for Take Off”- A Leadership story in 2010.

His groups’ phenomenal success over the years has been due to his mantra of growth through quality and innovation”.    

Avtar Singh, President, CICU said in order to groom Young Entrepreneurs to contribute for the growth and development of MSME, more than 122 Young Professionals have joined this Forum.  In the present economic scenario, Young Leaders are to be encouraged for raising talents and skills which could lead them towards door of success in this competitive market. This Forum is enabling Young Entrepreneurs to interact and deliver superior values and where to put in the efforts to provide maximum gains for their organizations, as they are well qualified, experienced and energetic. 

Upkar Singh, General Secretary, CICU visualized that Young Entrepreneurs are readying them to be Movers and Shakers to make a positive impact on modern industrialization.  Our Forum seeks to provide its Members with an opportunity to meet, exchange thoughts and converse with Key Industrial Personalities.  We are looking to develop and realize concrete projects, activities and joint ventures amongst the Forum’s Members as well as beyond.  There is strong need to cultivate the younger generation’s participation in decision making.

Young Entrepreneurs sought suggestions how to implement changes and become successful in business and life, both. S.B. Singh, Publicity Secretary CICU presented vote of thanks to Sachit Jain, congratulated and appreciated his support, role and contribution to SMEs Sector.  He was applauded for his superb achievements and contribution to Industrial development. 

It was a packed program. More than 200 Young Entrepreneurs engaged in Trade & Industrial activities representing exporters, importers and manufacturers interacted and covered an overview trade and industrial business opportunities for mutual benefits.