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Baker Hughes in India recently hosted the India Supplier Conference in Pune, focusing on the theme "Energizing the future." Vishal Murgudkar, India's Sourcing Leader, opened the event for 200+ suppliers from diverse industries, highlighting India's remarkable sourcing reach. There has been a 44% increase in the volume sourced from India in the last two years, with projections indicating a substantial 2x growth by 2025, based on the high competitiveness and technical excellence of the suppliers. As India progresses towards becoming one of the world's top three economies, there is immense growth potential. The dedicated sourcing team and committed suppliers aim to leverage this potential by collaborating not only within India but also globally to provide top-notch services and products.   During the conference, our leaders presented Baker Hughes' growth trajectory and future vision, inviting suppliers to be part of this exciting journey. Additionally, attendees were shared a video message from Jim Apostolides, SVP, Enterprise Operational Excellence, who expressed his confidence in India's potential and emphasized the need to strengthen partnerships to achieve mutual goals. This partnership, he emphasized, will continue to drive more sourcing from India, benefiting not just the country but the entire world.   A panel discussion on 'The Role of Responsible Supply Chains' was held, moderated by Mauricio Valadares, with speakers Davide Marrani, Alberto Palazzi, and Stephen Hinson from Baker Hughes. The discussion emphasized sustainability and efficiency in sourcing practices, underlining the company's commitment to responsible supply chain management.   We also had Deepak Mahurkar, Partner at PwC India Advisory, as our guest speaker. He led an engaging discussion on the pivotal role of oil and gas in energizing the future.   At Baker Hughes, we place great value on strong partnerships with our suppliers. Together, we strive to enhance the value chain for our customers through collaboration and agility. We are committed to delivering the highest standards and quality in a sustainable manner, all while prioritizing safety and compliance.   #WeAreBakerHughes #IndiaSupplierConference2024 #India #SupplyChain #OperationalExcellence #Energy

Baker Hughes in India recently hosted the India Supplier Conference in Pune, focusing on the theme "Energizing the future." Vishal Murgudkar, India Sourcing Leader, opened the event for 200+ suppliers from diverse industries, highlighting India's remarkable sourcing reach. There has been a 44% increase in the volume sourced from India in the last two years, with projections indicating a substantial 2x growth by 2025, based on high competitiveness and technical excellence of the suppliers. As India progresses towards becoming one of the world's top three economies, there is immense growth potential. The dedicated sourcing team and committed suppliers aim to leverage this potential by collaborating not only within India but also globally to provide top-notch services and products.   During the conference, our leaders presented Baker Hughes' growth trajectory and future vision, inviting suppliers to be part of this exciting journey. Additionally, attendees were shared a video message from Jim Apostolides, SVP, Enterprise Operational Excellence, who expressed his confidence in India's potential and emphasized the need to strengthen partnerships to achieve mutual goals. This partnership, he emphasized, will continue to drive more sourcing from India, benefiting not just the country but the entire world.   A panel discussion on 'The Role of Responsible Supply Chains' was held, moderated by Mauricio Valadares, with speakers Davide Marrani, Alberto Palazzi, and Stephen Hinson from Baker Hughes. The discussion emphasized sustainability and efficiency in sourcing practices, underlining the company's commitment to responsible supply chain management.   We also had Deepak Mahurkar, Partner at PwC India Advisory, as our guest speaker. He led an engaging discussion on the pivotal role of oil and gas in energizing the future.   At Baker Hughes, we place great value on strong partnerships with our suppliers. Together, we strive to enhance the value chain for our customers through collaboration and agility. We are committed to delivering the highest standards and quality in a sustainable manner, all while prioritizing safety and compliance.   #WeAreBakerHughes #IndiaSupplierConference2024 #India #SupplyChain #OperationalExcellence #Energy

Baker Hughes in India recently hosted the India Supplier Conference in Pune, focusing on the theme "Energizing the future." Vishal Murgudkar, India Sourcing Leader, opened the event for 200+ suppliers from diverse industries, highlighting India's remarkable sourcing reach. There has been a 44% increase in the volume sourced from India in the last two years, with projections indicating a substantial 2x growth by 2025, based on high competitiveness and technical excellence of the suppliers. As India progresses towards becoming one of the world's top three economies, there is immense growth potential. The dedicated sourcing team and committed suppliers aim to leverage this potential by collaborating not only within India but also globally to provide top-notch services and products.   During the conference, our leaders presented Baker Hughes' growth trajectory and future vision, inviting suppliers to be part of this exciting journey. Additionally, attendees were shared a video message from Jim Apostolides, SVP, Enterprise Operational Excellence, who expressed his confidence in India's potential and emphasized the need to strengthen partnerships to achieve mutual goals. This partnership, he emphasized, will continue to drive more sourcing from India, benefiting not just the country but the entire world.   A panel discussion on 'The Role of Responsible Supply Chains' was held, moderated by Mauricio Valadares, with speakers Davide Marrani, Alberto Palazzi, and Stephen Hinson from Baker Hughes. The discussion emphasized sustainability and efficiency in sourcing practices, underlining the company's commitment to responsible supply chain management.   We also had Deepak Mahurkar, Partner at PwC India Advisory, as our guest speaker. He led an engaging discussion on the pivotal role of oil and gas in energizing the future.   At Baker Hughes, we place great value on strong partnerships with our suppliers. Together, we strive to enhance the value chain for our customers through collaboration and agility. We are committed to delivering the highest standards and quality in a sustainable manner, all while prioritizing safety and compliance.   #WeAreBakerHughes #IndiaSupplierConference2024 #India #SupplyChain #OperationalExcellence #Energy

Reliance Industries Limited: Sustaining Growth through Innovation and Diversification Reliance Industries Limited (RIL) has evolved from its humble textile beginnings in 1966 to a diverse conglomerate spanning petrochemicals, telecommunications, retail, and more. Despite facing challenges like competition and regulatory complexity, RIL focuses on innovation and strategic expansion. Through leveraging core strengths, R&D, #strategicpartnerships, and continuous monitoring, RIL maintains leadership, diversifies revenue, and ensures sustainable growth. Initiatives like #technologyinvestments, portfolio diversification, and operational excellence lead to increased market share, #revenuegrowth, and enhanced profitability. RIL's commitment to excellence and strategic foresight position it as a #globalleader, shaping India's economic landscape and paving the way for future success. Dhirubhai ambani #RelianceIndustries #BusinessGrowth #Innovation #Diversification #CorporateLeadership #MarketExpansion #StrategicPartnerships #OperationalExcellence #SustainableGrowth #BrandValue #CorporateGovernance #GlobalLeader #EconomicLandscape #FutureSuccess WATCH THE FULL CASE STUDY BY USING THE LINK IN COMMENT

Reliance Industries Limited: Sustaining Growth through Innovation and Diversification Reliance Industries Limited (RIL) has evolved from its humble textile beginnings in 1966 to a diverse conglomerate spanning petrochemicals, telecommunications, retail, and more. Despite facing challenges like competition and regulatory complexity, RIL focuses on innovation and strategic expansion. Through leveraging core strengths, R&D, #strategicpartnerships, and continuous monitoring, RIL maintains leadership, diversifies revenue, and ensures sustainable growth. Initiatives like #technologyinvestments, portfolio diversification, and operational excellence lead to increased market share, #revenuegrowth, and enhanced profitability. RIL's commitment to excellence and strategic foresight position it as a #globalleader, shaping India's economic landscape and paving the way for future success. Dhirubhai ambani #RelianceIndustries #BusinessGrowth #Innovation #Diversification #CorporateLeadership #MarketExpansion #StrategicPartnerships #OperationalExcellence #SustainableGrowth #BrandValue #CorporateGovernance #GlobalLeader #EconomicLandscape #FutureSuccess WATCH THE FULL CASE STUDY BY USING THE LINK IN COMMENT

Mantras of management success Mantra : Focus on what you know best!!! In a rapidly expanding economy like India’s, diversification into unrelated but high growth sectors becomes a tempting proposition for companies. However, if one looks at the best managed companies, they have largely achieved growth by leveraging their value chain inter-relationships or through geographical expansion. The classic example of growth through backward integration is Reliance Industries. #Market #Transport #Viral Starting with textiles in the late ’70s, Reliance pursued a strategy of backward vertical integration—in polyester, fiber intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production— to be fully integrated along the materials and energy value chain, while also emerging as a leader in each of the industries it entered. #Logistics

Discover Effective Growth Strategies Tailored for Foreign Manufacturing Companies Venturing into the Dynamic Indian Market! 🌍🚀🇮🇳 Feel free to contact us Website : https://lnkd.in/detCxvgc Email : info@pletheonconsulting.com #GlobalExpansion #ManufacturingSuccess #IndiaOpportunities" #GlobalGrowthIndia #ManufacturingSuccess #MarketVenture #BusinessExpansion #GlobalExpansion #ManufacturingSuccess #BusinessGrowth #IndiaMarketEntry

Reliance and Tata recognised among the World's Most Influential Companies by TIME. Reliance Industries Limited (RIL) has been recognized as one of the World's Most Influential Companies by TIME magazine, making its second appearance on the prestigious TIME 100 list. This recognition places Reliance in the 'Titans' category, highlighting its transformative impact across various sectors in India and globally. Notably, Reliance is the only Indian company to have been included twice in this elite list. Previously, its subsidiary Jio Platforms was featured in the inaugural TIME 100 Most Influential Companies List of 2021. TIME magazine lauded Reliance as 'India's Juggernaut,' noting its origins as a textile and polyester enterprise founded by Mr. Dhirubhai Ambani 58 years ago and its evolution into India's most valuable company, with a market capitalization exceeding US$ 200 billion. The publication emphasized the company's alignment with Prime Minister Mr. Narendra Modi’s vision for a ‘self-reliant’ India. In addition to Reliance, this years’ TIME 100 Most Influential Companies list features two other Indian companies. The Tata Group, a prominent name in Indian business, is also included in the 'Titans' category, while the Serum Institute of India, renowned for its work in vaccine manufacturing, is recognized in the 'Pioneers' category. This marks the fourth annual edition of TIME's list, celebrating businesses making extraordinary global impacts.