ABOUT THE DEPARTMENT OF COMMERCE

The Department of Commerce is in existence since the inception of the college and conducts the Undergraduate Programme and Master’s Programme in Commerce. Starting with a strength of 10 faculty members in 1967, the Department has 64 highly qualified, vibrant, committed and research-oriented faculty members with specializations in diverse fields of Commerce discipline. Apart from classroom teaching, the Department envisions a holistic development of its students by providing them exposure to leadership and entrepreneurship under its various societies viz. Commerce Association, Marketing Society, 180 DC and Ardent under the able guidance of our faculty members. A peer-reviewed Journal namely “Journal of Business Studies” is published by the Department and its twelfth volume is on its way for publishing. Seminars and Conferences are an integral part of the teaching-learning process of our department and organizes various workshops and seminars throughout the year. The Department also organizes National andInternational Conference every year on contemporary issues in Business and Managementwhich sees participation from across the globe. The department successfully organized its 10th International Conference on Business and Management in November 2022. This year the Department of Commerce is organizing its 11th Conference on Synergising Industry 5.0 and Responsible Growth - A Pathway to Global Innovation.

ABOUT THE THEME OF THE CONFERENCE

Synergy of Industry 5.0, which implies the integration of advanced technologies with human-centric approaches, and the imperative for responsible and sustainable growth forms the cornerstone of contemporary global economic development. Industry 4.0 represented the era of cyber-physical systems, where technologies like the Internet of Things (IoT), artificial intelligence (AI), big data, and automation converged to create 'smart factories' and interconnected systems for more efficient and autonomous production. Now, Industry 5.0 represents the next phase in the evolution of industry, building upon the advancements of the industrial revolutions. It's often referred to as the fusion of digital technologies with human capabilities, emphasizing collaboration between humans and machines. It seeks to integrate the strengths of both humans and machines to address complex challenges and create more personalized, sustainable, and innovative solutions.As we embrace the technological advancements encapsulated in Industry 5.0, it is paramount to align these transformations with ethical considerations, sustainability, and inclusive practices. Industry 5.0, focusing on the collaboration between humans and machines, encompasses several thrust areas,some of the key thrust areas include: Human-Centric Automation, Advanced Human-Machine Interfaces which includes technologies like augmented reality (AR), virtual reality (VR), and natural language processing (NLP) to enhance communication and control in industrial settings, Cognitive Computing and AI, IoT and Connectivity, Cybersecurity and Data Privacy, Sustainability and Responsible Growth.This includes upskilling in areas such as data analysis, AI, human-machine interaction, and problem-solving. These thrust areas collectively aim to foster a symbiotic relationship between humans and technology, driving innovations, efficiency, and sustainable growth across various industries while prioritizing the human element in the future of work and industry. The synergy between Industry 5.0 and responsible growth are complementary in nature, where technological advancements are harnessed to drive sustainable and ethical development. It aims to leverage innovations to address societal challenges, enhance human well-being, and drive economic progress without compromising ethical standards or environmental sustainability. This conference aims to explore, discuss, and envision the harmonious alignment between Industry 5.0 and responsible growth as the catalyst for transformative and sustainable global innovations.The conference's primary objective is to provide a forum for in-depth conversations about how Industry 5.0 and responsible growth may work together to spur innovations around the world. The conference will focus on human-centric, sustainable, and resilient concepts added to Industry 5.0 and aim to comprehend the larger scope for stakeholders of the organization. To apprise the audience on these lines and ignite change, this conference promises to bring together highly reputed academicians, industry representatives, innovators, leaders, professionals, and practitionersto delve on the theme of the conference “Synergising Industry 5.0 and Responsible Growth - A Pathway to Global Innovations”.

Previous Conferences

Conference Inaugural Session Speakers

Plenary Session Speakers

Valedictory Session Speakers