This session stared with felicitation of all the dignitaries with a bouquet of flowers and was followed by Saraswati Vandana and Lightning of lamp. The Inaugural Session was chaired by Mr. Amit Verma, Metlife Global (Chief Guest), Dr. Ravi K Dhar (Director-JIMS VK), Dr. Avtar Singh Sethi (Program Director, Department of Management Studies) and Dr. Satish Kumar Dogra (Registrar- JIMS VK). Dr Ravi K Dhar, Director JIMS Vasant Kunj delivered the welcome address. He shared his views by emphasizing on the word “New”. He quoted Jonathan Swift’s “The battle of book,” that focuses on the battle of old master and new master i.e. old thoughts and new viewpoints. He stated “New” is disruption where you breakaway from traditions in different fields. Mr. Amit Verma was the keynote speaker and discussed about “Supply Chain and Reverse Logistics”. He emphasized on the importance of efficient supply chain but also that today’s business needs to incorporate new procedures and should not neglect the importance of reverse logistics.