With an ever-growing emphasis on fostering domestic production capabilities and attracting foreign direct investment, India is poised to become a global manufacturing hub by reshaping the economic landscape. This shift not only strengthens the economy but also empowers the workforce, paving the way for sustainable development and innovation across various sectors. The third edition of the international conference, “New Horizon in Commerce, Economics and Management,” aims to explore India’s potential trajectory toward becoming a global superpower by examining the intricate connections between key drivers of economic growth and sustainable development. The conference will highlight India’s unique competitive advantages and its potential to assert itself as a leader on the global stage.

One of the conference’s themes will be India’s commitment to sustainable development, which is crucial in the country’s journey toward becoming a global superpower. By aligning efforts with the United Nations’ Sustainable Development Goals (SDGs), India can implement targeted policy initiatives that promote sustainable management practices across various sectors. The integration of environmental, social, and governance (ESG) factors into government strategies will not only foster a circular economy but will also reinforce India’s position as a leader in sustainable practices on the global stage. The conference will highlight the importance of collaboration between policymakers and the private sector in achieving these long-term sustainability goals, ultimately enhancing India’s economic resilience and global influence.

Furthermore, the evolving logistics and supply chain management landscape is critical to India’s aspirations. The transition from ‘just in time’ to ‘just in case’ logistics emphasises the need for more robust and adaptable supply chains. This shift is essential for maintaining competitive advantages in a globalised world, primarily as India seeks to enhance its manufacturing capabilities. Experts at the conference will examine how businesses leverage government policies and reforms to optimise their operational strategies, ensuring agility and responsiveness to changes in global market dynamics. By addressing these logistics challenges, India can better position itself in international trade, strengthening its path to becoming a global powerhouse.

In addition, the contribution of the Indian Knowledge System (IKS) is integral to shaping a distinctive economic perspective on this journey. As India strives to play a significant role in the global economy, incorporating traditional wisdom and indigenous practices can provide innovative solutions to contemporary challenges. The conference will encourage dialogue on how these rich heritage elements can enhance modern economic strategies, ultimately supporting sustainable growth and development. By harnessing its unique cultural assets, India can further its ambition of being a global leader, leveraging tradition and innovation in its economic policies and practices.