Greater NOIDA to become hub of multi-modal logistics

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Lucknow, Oct 21 | The region of Greater Noida Industrial Development Authority in Uttar Pradesh’s Gautam Buddha Nagar is all set to become a hub of world-class multi-modal logistics.

The Multi-Modal Logistics Hub (MMLH) and Multi-Modal Transport Hub (MMTH) is to be built in Greater Noida with an investment of Rs 7,725 crore.

This is mainly because of the connectivity of the Integrated Industrial Township to Jewar Airport.

When the airport becomes functional, the multi-modal transport hub and multi-modal logistics hub will also be connected to the Jewar airport. DMIC Integrated Industrial Township Greater Noida Limited (DMIC-IITGNL) has prepared a plan for these three projects which is ready to be implemented soon. These three projects will be connected not only to the country but to all the countries of the world through airports.

According to the government spokesman, this investment in this sector will not only give world-class recognition to Noida but will also provide employment to more than two lakh people.

Senior officials of the Industrial Development Department said that three major projects are being developed under the Delhi Mumbai Industrial Corridor (DMIC) in Greater Noida.

The first is an integrated township, the second is a multi-modal transport hub and the third is a multi-modal logistics hub.

Prime Minister Narendra Modi recently gave a new impetus to these three projects of Greater Noida by linking them with Gati Shakti Yojana.

A blueprint has been prepared to connect these three projects with Jewar Airport. These three projects will be inter-connected. Two routes have been suggested to connect them with the airport.

The first route will be connected to the GT Road with the logistic hub. For this, about 2.5 km of road will be widened on GT Road near the logistics hub. It is proposed to make six lanes from the existing two lanes.

A new authority, Integrated Industrial Township of Greater Noida Limited (IIT GNL), has been formed in Greater Noida for this project.

According to Narendra Bhushan, CEO, IIT GNL, with the development of Integrated Industrial Township, Multi-modal Transport Hub and Multi-modal Logistic Hub, employment opportunities will also flourish.

These three projects are expected to provide direct employment opportunities to about two lakh youth, while the figure will be even higher if indirect employment is added. The Integrated Township has been developed by DMIC Integrated Industrial Township Greater Noida Limited, a joint venture of DMIC and Greater Noida Authority, on an area of about 750 acres.

So far, five big companies are setting up their plants in this township. These include Haier Electronics, Formi Mobiles, Sanskriti Infotainment, Chenfeng (LED company) and J World Electronics. Many more companies are ready to come here. The DPR of the multi-modal transport and logistics hub has been sent to the government. As soon as the approval is received, its tender will also be taken out and work will be started. The target is to develop a transport and logistics hub in the next three years. This will change the look of the surrounding area.

Along with this, land of eight villages, Dadri, Junpat, Chitehra, Kathera, Palla, Pali, Bodaki and Thapa Kheda, is being taken for the proposed Multimodal Transport Hub and Multi-Modal Logistic Hub near Bodaki in Greater Noida. Both these projects will be developed on a stretch of 478 hectares.

Besides, railway terminals, local and inter-state bus stands and metro connectivity will be developed under a multi-modal transport hub.

Railway has also given a green signal on this. Most of the trains going towards the East will run from here. This will reduce the pressure of trains at Delhi, New Delhi and Anand Vihar Terminals and will eliminate the dependence of the residents of Gautam Buddha Nagar, Bulandshahr, Aligarh, Ghaziabad districts on the railway station in Delhi.

The existing Noida-Greno Metro route is to be expanded to a multi-modal transport hub. Local buses will also be run from the transport hub.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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