Chairman Mr. Girish Wagh

CII TCM National Committee Chairman

In today's business landscape, marked by global volatility, geopolitical tensions, and economic inflation, the CII Total Cost Management (TCM) framework stands out as a solution.

The TCM framework, with its structured, multi-dimensional approach, empowers businesses to optimize costs and evaluate profit scenarios beyond conventional financial metrics. Over 250 companies have adopted the TCM framework, which serves as a compass for the industry, addressing crucial questions about resource efficiency and sustainability-aligned decisions. TCM is not merely a financial strategy; it is a holistic framework integrating economic, environmental, and social dimensions. It enables organizations to make informed decisions that balance profitability with responsibility. The Cost Congress symbolizes innovation and collaboration in advancing the future of cost management.

Introducing TCM 2.0, future roadmap of Total Cost Management. The vision of TCM 2.0 is to amplify the impact of Total Cost Management by embracing cutting-edge tools and practices that address emerging challenges.


- Mr Girish Wagh, Chairman CII National Committee for TCM & Executive Director - Tata Motors

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