To develop a pool of managerial talent, Mumbai-based logistics company Allcargo has partnered with IIM Mumbai (previously NITIE) to launch the case study competition LogicOn. First- and second-year MBA students will have the chance to turn their concepts into workable solutions for actual logistics problems with the help of LogicOn. In addition to receiving financial awards, recipients will get pre-placement interviews with CXOs at Allcargo and summer internships.
“The logistics industry lacks a highly skilled workforce due to its lack of organization,” said Shashi Kiran Shetty, the chairman of the Board of Governors at IIM Mumbai and the founder and chairman of Allcargo Group, in an interview with FE. “We will be able to attract and invest in bright talent who can be a part of our growth journey with LogicOn, and the logistics industry offers enormous opportunities for learning and growth.”
More than 1.5 million impressions and 7,000 registrations have been generated by LogicOn since its launch on IIM Mumbai’s talent engagement and hiring platform Unstop, according to Prof. Manoj Tiwari, the institute’s director. “Respected tier-1 and tier-2 management institutions, such as other IIMs, IMTs, and NMIMS, have accounted for over 70% of registrations,” the speaker stated.
LogicOn’s grand finale is scheduled for November 1, 2023, at IIM Mumbai.
According to Shetty, the logistics market in India is projected to rise at a compound annual growth rate of 9.4%, from $274 billion in 2022 to $563 billion by 2030. Logistics enterprises are building next-generation talent pools as a result of government policy encouragement and capital expenditure push to improve logistics competitiveness and establish a solid infrastructure.
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