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Home » News » Embracing Artificial Intelligence and advanced analytical tools can empower CMAs: CMD, IREDA

Embracing Artificial Intelligence and advanced analytical tools can empower CMAs: CMD, IREDA 

By December 13, 2024 4:56 pm IST

Embracing Artificial Intelligence and advanced analytical tools can empower CMAs: CMD, IREDA 

Pradip Das was speaking at “CMA Achievers’ Meet Vision 2030” hosted by The Institute of Cost Accountants of India (ICMAI) at Vigyan Bhawan, New Delhi also graced by Shripad Yesso Naik, Union Minister of State for Power and New & Renewable Energy as the Chief Guest at the event.Pradip Kumar Das, CMD, IREDA urged ICMAI to position itself as a ‘CEO & CFO resource center of India,’ emphasising strategic supply-side interventions. He said that modernising the curriculum to align with global standards is crucial. Das emphasised, “Incorporating emerging areas such as digital costing, artificial intelligence, ESG, export accounting and global fundraising into the syllabus will prepare professionals for evolving industry demands.”

Das was speaking at “CMA Achievers’ Meet Vision 2030” hosted by The Institute of Cost Accountants of India (ICMAI) at Vigyan Bhawan, New Delhi. Shripad Yesso Naik, Union Minister of State for Power and New & Renewable Energy was the Chief Guest at the event. Jayanta Kumar Roy, Member of Parliament, also graced the event. Pradip Kumar Das, CMD, IREDA, participated as Special Guest and outlined a transformative vision for ICMAI’s role in India’s economic future.

He further recommended fostering interpersonal development by partnering with executive coaches. Highlighting demand-side interventions, Das called for stronger corporate partnerships to design industry-relevant programmes and certifications. “Embracing Artificial Intelligence and advanced analytical tools can empower CMAs to deliver innovative cost management solutions, crucial for India’s sustainable growth,” he added.

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Das emphasised the critical role of renewable energy, environmental sustainability and energy security in realising the Government of India’s vision for a developed India (Viksit Bharat) by 2047. He said, “A greener economy, driven by a holistic approach, not only meets the nation’s energy demands but also addresses the urgent challenges of climate change and resource conservation. Together, we can achieve the vision of a Viksit Bharat by 2047.”

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