AI Takes Centre Stage at ICMAI–BCCL Seminar in Dhanbad; CMD Manoj Kumar Agarwal Highlights Transformative Role in Mining
High-impact seminar on “Artificial Intelligence: A Decision-Making Tool for the Profession”
In a significant convergence of industry expertise and emerging technology discourse, the Institute of Cost Accountants of India (ICMAI), Dhanbad Chapter, in collaboration with Bharat Coking Coal Limited (BCCL), organised a high-impact seminar on “Artificial Intelligence: A Decision-Making Tool for the Profession” at the Community Hall, Coal Nagar.
The event, part of ICMAI’s annual symposium, witnessed the participation of Manoj Kumar Agarwal, CMD, BCCL, as the Chief Guest, underlining the growing importance of AI in India’s core sectors.
Distinguished Gathering of PSU Leadership and Experts
The seminar brought together a distinguished lineup of professionals and PSU leaders, including:
- B.K. Parui, President, ICMAI Dhanbad Chapter & Former Company Secretary, BCCL
- R.K. Sahay, Former Director (Finance), BCCL
- Vineet Rawal, Executive Director, SAIL
- Bikram Ghosh, Director (Finance), WCL
- Dr. Indranil Sarkar, Associate Director & Principal Innovation Consultant, Cognizant
- Senior CMAs and finance professionals from across PSUs
The programme commenced with a traditional lamp lighting ceremony, followed by the rendition of “Vande Mataram”, setting a formal and patriotic tone.
AI: The New Backbone of Industrial Decision-Making
In his welcome address, Bani Kumar Parui emphasized that artificial intelligence is rapidly evolving into a critical enabler of efficiency, transparency, and innovation across industries.
Taking the discussion further, CMD Manoj Kumar Agarwal delivered a forward-looking keynote, stressing that balanced and strategic adoption of AI can significantly transform the mining sector.
He highlighted key areas where AI can drive impact:
- Mine Planning & Operations: Enhanced production efficiency
- Equipment Utilisation: Reduction in downtime via predictive maintenance
- Safety & Risk Management: Real-time monitoring and early warning systems
- Supply Chain & Coal Movement: Improved logistics and tracking
- Financial Processes: Cost optimisation and budget forecasting
He also underscored a crucial point—the success of AI depends on high-quality data, seamless integration, and synergy with human intelligence.
Technical Insights: From Theory to Practice
During the technical session, Dr. Indranil Sarkar of Cognizant delivered an in-depth presentation on practical AI applications and future industry prospects, offering actionable insights for finance and cost professionals navigating digital transformation.
Ceremonial Highlights and Conclusion
The event concluded with the release of the ICMAI Dhanbad Chapter’s annual souvenir, jointly unveiled by the dignitaries on stage. Participants and guests were felicitated with mementos, followed by a formal vote of thanks and the national anthem.
