Latest news with #HemantKhatri
Time of India
6 days ago
- Business
- Time of India
Officers from 10 DPSUs, private organisations join IIM-Vizag's defence MBA
Visakhapatnam: Amid India's push for increased defence production, IIM-Vizag has launched its novel and first-of-its-kind modular MBA programme for officers in the defence sector. Approved by the dept of defence production under the ministry of defence, 37 officers from 10 defence public sector undertakings (DPSUs), Naval Armament Depot, and Geomarine Dynamics India Ltd have enrolled for the programme. The 10 DPSUs include Yantra India Ltd, Troop Comforts Ltd, Munitions India Ltd, Mishra Dhatu Nigam Ltd, India Optel Ltd, Hindustan Shipyard Ltd, Advanced Weapons and Equipment India Ltd, Armoured Vehicles Nigam Ltd, BEML Ltd, and Bharat Electronics Ltd. Hindustan Shipyard Ltd CMD, Commodore Hemant Khatri (retd) said he has been noticing a profound shift in the mindset of Indians. "Previously, there might have been a sense of impossibility or hesitation. Now, however, there is a burgeoning confidence and self-belief, fostering an attitude of 'it is possible, and we can do it'. This fundamental change is evident in a newfound willingness to invest, experiment, and innovate – the driving force propelling India towards its future aspirations. This conviction is crucial for the nation's continued progress," he said. Explaining India's economic turnaround and its progress across various sectors, including railways, telecom, digital transactions, chip manufacturing, defence production, etc., Khatri said that today's youth are expected to be the leaders who will shape India in 2047. "This generation has the potential to propel the nation forward, transforming it into a developed country and fulfilling the aspirations of 1.4 billion people. The mantle of leadership will rest on their shoulders. In 2014, India was ranked the 11th largest economy in the world and now it stands as the fourth largest economy. This is a testament to the innovative spirit of its people. I urge the participants to foster an innovative India, lead in research and development, and drive decisive, transformative progress," he added. IIM-V director Prof M Chandrasekhar reflected on the personal significance of the programme. "This programme is particularly nostalgic for me, as I fondly recall joining HAL in 1983 as a young trainee. I later moved to L&T. Defence sector experience, therefore, remains very dear to me, it is a solid foundation upon which I built my career. Today, India's defence sector is no longer merely tied to budget cycles or geopolitical events; it has become a strategic growth sector with sustained expansion. Industry experts estimate India's defence capital outlay will grow by up to eight percent annually over the next five years, translating into defence procurement worth over $130 billion or approximately 11.1 lakh crore. A case in point is the performance of defence mutual funds and the Nifty India defence index, both of which have outpaced the broader market, reflecting strong investor trust and confidence in defence stocks," he said.
United News of India
23-04-2025
- Business
- United News of India
Visakhapatnam: two-day Skill development programme for contract workmen begins at HSL
Visakhapatnam, Apr 23 (UNI) Hindustan Shipyard Limited (HSL) introduced a pioneering initiative to Reskill and Upskill its contract workmen, aligning with GoI's Skill India Mission. The programme was inaugurated by Capt Venkateswarlu, Director (Shipbuilding) here on Wednesday. Speaking on the occasion, he explained the objective of the programme and encouraged participants to develop quality in workmanship across all streams of Shipbuilding. Training programme is being conducted in bilingual language by In-house experts for the benefit of the workmen, he added. The two-day Quality Improvement and Compliance Knowledge (QUICK) training program aims to benefit around 2000 contract workmen, enhancing their capabilities in Shipbuilding Technology. HSL, by investing in its silent workforce, is improving shipbuilding quality and ensuring professional growth. Cmde Hemant Khatri, CMD of HSL, said that contractor workmen are the backbone of HSL's operations, and by empowering them with the right skills, they are building a stronger, more efficient, and more effective workforce, which will contribute to the Nation's Maritime Might. This initiative is another step towards motivating and supporting HSL's contract workmen, following the institution of Group Personal Accident Insurance policy. HSL is committed to continuing such trainings throughout the year. UNI KNR
The Hindu
23-04-2025
- Business
- The Hindu
HSL launches two-day training programme ‘QUICK' for contract workers in Visakhapatnam
A two-day quality improvement and compliance knowledge (QUICK) training programme was inaugurated at Hindustan Shipyard Limited (HSL) here on Wednesday. The HSL Director (shipbuilding) Capt. Venkateswarlu, who inaugurated it, encouraged participants to develop quality in workmanship across all streams of shipbuilding, and said that the programme is being conducted in bilingual language by in-house experts for the benefit of the workmen The programme aims at benefiting approximately 2,000 contract workmen, enhancing their capabilities in shipbuilding technology, HSL CMD commodore Hemant Khatri, said in his message. He said that contractor workmen are the backbone of HSL's operations, and by empowering them with the right skills, they are building a stronger, more efficient, and more effective workforce, which will contribute to the nation's maritime might. This initiative is another step towards motivating and supporting HSL's contract workmen, following the institution of Group Personal Accident Insurance policy. HSL is committed to continuing such trainings throughout the year, he added.
