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INCIT Joins Industry Leaders at the CII Global Skills Summit 2024

NEWS 

| December 17, 2024

The International Centre for Industrial Transformation (INCIT) was honoured to be part of the 11th Confederation of Indian Industry (CII) Global Skills Summit 2024, held on 10th December 2024 in New Delhi. This highly impactful summit, themed “Building a Resilient Skilled Talent Pool: Driving Industry Growth,” brought together a diverse group of global leaders, policymakers, industry pioneers, and experts to deliberate on strategies that address existing skill gaps and create a future-ready workforce.

In a time when industries worldwide are experiencing rapid transformation, events like the CII Global Skills Summit play a vital role in uniting stakeholders who share the common goal of empowering workers with the skills needed to adapt, grow, and thrive in the evolving industrial landscape.

At this year’s summit, INCIT’s participation underscored its ongoing commitment to providing innovative frameworks and tools that enable industries to adopt global best practices and stay ahead in their transformation journeys.

Ranjana Raveesh Represents INCIT at the Global Skills Summit

We were proud to have Ranjana Raveesh represent INCIT as a speaker in the session titled “Global Best Practices – Adapting International Skill Standards for India’s Growth.”

During her presentation, Ranjana highlighted INCIT’s role in driving industrial transformation and skill development through cutting-edge tools and frameworks designed to address the current and future needs of industries.

Key Insights Shared by Ranjana Raveesh

Ranjana provided a deep dive into INCIT’s transformative solutions, which are reshaping industries by promoting readiness, sustainability, and operational excellence:

  1. Smart Industry Readiness Index:
    Smart Industry Readiness Index serves as a comprehensive guide for Industry 4.0 transformation. As industries worldwide strive to implement smart technologies and digitalise their operations, Smart Industry Readiness Index provides a structured framework to evaluate readiness, identify gaps, and prioritise actions. This tool empowers industries to embark on successful digital transformation journeys while maintaining alignment with international standards.
  2. Consumer Sustainability Industry Readiness Index (COSIRI):
    Sustainability is becoming a cornerstone of modern industrial operations. COSIRI focuses on enhancing the readiness of industries to embrace sustainable practices. By assessing and guiding organizations toward sustainability goals, COSIRI helps industries remain competitive and responsible in the global economy.

Upcoming Frameworks for Future-Ready Industries

Ranjana also introduced two upcoming frameworks that INCIT is developing to address evolving industrial challenges:

  • Operational Excellence Readiness Index (OPERI):
    Designed specifically for Micro, Small, and Medium Enterprises (MSMEs), OPERI aims to enable operational excellence by identifying key areas of improvement and helping businesses implement best practices. MSMEs are critical drivers of economic growth, and OPERI provides the tools necessary for these enterprises to optimise processes and improve productivity.
  • Artificial Intelligence Readiness Index (AIRI):
    With the rapid advancement of artificial intelligence (AI), industries must stay ahead to leverage its full potential. AIRI is designed to assess and enhance AI readiness, ensuring businesses remain competitive and adaptive in an era of intelligent automation. By preparing industries to integrate AI-driven technologies, AIRI helps bridge the gap between traditional practices and next-generation innovations.

Shaping the Future of Workforce Transformation

Ranjana’s session was a valuable opportunity to showcase how INCIT’s frameworks are empowering industries to adopt global best practices, embrace Industry 4.0, and build resilience in an ever-changing industrial landscape. Through tools like Smart Industry Readiness Index and COSIRI, and upcoming initiatives like OPERI and AIRI, INCIT is playing a pivotal role in guiding industries toward sustainability, digitalisation, and operational excellence.

Her presentation emphasised the importance of collaboration, innovation, and adaptability in overcoming skill gaps and ensuring workforce transformation that aligns with India’s vision of becoming a global economic powerhouse.

Gratitude and Looking Ahead

We extend our sincere gratitude to CII Skill Development & Livelihood for organising this meaningful and impactful event. The 11th CII Global Skills Summit served as a significant platform to exchange ideas, share insights, and explore innovative solutions that will shape the future of India’s workforce.

As industries across the globe continue to face new challenges, INCIT remains committed to empowering organisations with actionable tools and frameworks that drive transformation, sustainability, and growth.

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