The MIB 21st Century program, designed by Dr. Devendra Arora and promoted by an export house, is a cutting-edge initiative to bridge the gap between academia and industry. With a strong emphasis on practical learning and global business acumen, the program integrates comprehensive industry engagement to prepare students for the evolving demands of international business. Below are the key components that define its Industry Interface and Associations:
• The program collaborates with a diverse range of partner organizations, companies, and industry bodies. These partners include global exporters, importers, multinational corporations, and export promotion councils, ensuring students gain access to valuable networks and insights into international trade practices.
• The advisory board comprises seasoned professionals from the industry, including exporters, importers, executives from export promotion councils, and members of export federations. These experts provide strategic guidance to ensure the curriculum remains relevant and aligned with industry standards.
• Students benefit from regular corporate visits, networking events, and industry seminars. These opportunities allow them to interact directly with industry leaders, gain exposure to real-world business operations, and build professional networks.
• Renowned industry professionals deliver guest lectures and conduct hands-on workshops. These sessions offer students practical insights into global trade, supply chain management, and market dynamics, equipping them with the skills needed for the global business landscape.
Overview Export Promotion Councils (EPCs) play a pivotal role in fostering India’s international trade. They provide crucial support to exporters, promote specific industries, and enhance India’s global trade competitiveness. Their collaboration with the MIB 21st Century program enriches the learning experience for students.
List of EPCs Key councils that contribute to the program include:
• Federation of Indian Export Organisations (FIEO): The apex body for Indian exporters.
• Apparel Export Promotion Council (AEPC): Focuses on promoting the apparel industry.
• Engineering Export Promotion Council (EEPC): Represents the engineering sector.
• Pharmaceutical Export Promotion Council (PHARMEXCIL): Supports the pharmaceutical industry.
• Gem and Jewellery Export Promotion Council (GJEPC): Promotes gem and jewelry exports.
• EPCs provide invaluable support to the MIB program by offering mentorship, access to trade data, and insights into industry trends. Their association ensures students receive exposure to the latest practices and challenges in international trade.
• Students are encouraged to engage with EPCs through internships, live projects, and participation in trade exhibitions and events. These opportunities help them build practical knowledge, industry connections, and a deeper understanding of export promotion.
The MIB 21st Century program stands out as a model for integrating industry expertise into management education, fostering a new generation of globally competent business leaders.
