ICBSIDI - 5.0

Xavier Institute of Business Administration (XIBA), a Jesuit Business School under the aegis of St. Xavier’s College, hosted a two-day International Conference on "Business Sustainability in Digitalization – Industry 5.0" on December 6th and 7th, 2023. The Inaugural Ceremony commenced with a warm welcome by Rev. Dr. Michael John SJ, the Director of XIBA. Rev. Dr. V. Henry Jerome SJ, Rector of St. Xavier’s Institutions, delivered the Inaugural Address, emphasizing the importance of aligning business practices with sustainable principles. The Chief Guest, Mrs. M. Sharmaila, Regional Manager of State Bank of India, Tirunelveli, shared insights on the role of financial institutions in fostering sustainable business practices. The first day featured enlightening sessions on Digital Transformation and Sustainable Business Models by Dr. Karuppasamy Ramanathan from Hindustan Institute of Technology and Science, and Leveraging Technology for Environmental Impact by Mr. Deepan, Senior Product Manager at Double Cloud, Netherlands. A panel discussion followed, with esteemed panelists sharing their views on "Reimagining Business Models for a Sustainable Industry 5.0." Day two delved into Policy and Regulation for Sustainable Digital Transformation with Dr. Shaju G M from MIANZ International College, Maldives, sharing insights on regulatory frameworks. Dr. Jeyanthi Abraham from VIT Technology, Vellore, discussed the longevity and resilience of businesses operating at the intersection of bioscience and Industry 5.0. Dr. Meji Tony from DMI- St. Eugene University, Zambia, shed light on the transformative digitalization journey in Zambian businesses. The conference concluded with a dynamic panel discussion on "Policy Implications for Nurturing Business Sustainability in Digitalization." Panellists, including 1. Dr. Selvalakshmi, Principal & Professor Thiagarajar School of Management, Madurai. Dr. S.Madhavan, Professor, Department of Management Studies, Dean of Arts, MS University Tirunelveli. Mr.Sanjay Gunasingh Managing Director, Bellpins, Tirunelveli Dr. Sylas Sargunam from Anna University and Mr. Thomas Antony from Jacobi Power India Limited, Mr. Ajith Christopher, Director, SGJ Group of Companies, Tirunelveli and Mrs. Sylvia John Regional Member – Project Massom YI- CII, Managing Director, Arvinth Auto Agency, Tuticorin shared valuable perspectives on fostering sustainable practices in the digital landscape. The Closing Ceremony featured a summary of key takeaways, recognition of outstanding research, and insightful remarks by Rev. Dr. A. Michael John SJ, the Director of XIBA. The event concluded with the announcement of future initiatives and collaborations, leaving participants inspired and eager to contribute to the evolving world of Digitalization.