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The Partnership Summit 2012:"New Age Innovation Partnerships"
HighLights
 

a)       Mr. N Kiran Kumar Reddy, Chief Minister of Andhra Pradesh said “The MoUs signed for private, and public-private-partnership projects in The Partnership Summit 2012 has crossed Rs 6,47,000 crore, and the government has already given approval for 23 projects worth over Rs 71,000 crore,” He announced that in the next three months, Andhra Pradesh will roll out a Government to business (G2B) portal to enable businesses apply for various government clearances that are required throughout the life cycle of its operations, completely online.

 

b)    Dr. J Geeta Reddy, Minister for Major Industries, Commerce & Exports, Government of Andhra Pradesh said that the State has quality infrastructure, enabling environment, and proven track record to promote industries in the areas of agro & food processing, automobiles, pharmaceuticals, textiles, IT and ITeS, power, tourism, mineral, and petrochemical & chemical industries. She pointed out that with US$ 118 billion, Andhra Pradesh is one among the top three economies in India. It has got the second largest mineral resource, and coast line.

 

c)     Mr. Goh Chok Tong, Emeritus Senior Minister, Republic of Singapore, said that India has a huge potential to become an innovation leader, and can do more in integrating itself with the rest of the world. The Indian industries should grow more outside India, though the country has a big domestic market.

 

d)      Ms.Sheikha Lubna bint Khalid AI Qasimi, Minister of Foreign Trade, United Arab Emirates, said that India is one of the top trading partners of UAE with the bilateral trade between the two countries crossing US$ 76 billion, accounting for 10.8% of the total foreign trade of UAE. India has received US$ 2 billion worth foreign direct investment from UAE.

 

e)     Mr. Gita Irawan Wirjawan, Minister of Trade, Republic of Indonesia, in his address, said that India and Indonesia has strong traditional linkages. Since India launched its Look East policy, there has been a steady growth in the bilateral trade between Indian and Indonesia. He said that there is a scope for both the countries establishing cultural, information and communication connectivity. Through e-networks, India can offer tele-medicine.

 

f)        Mr B Muthuraman, President, CII, and Vice Chairman, Tata Steel Ltd, in his address, said that new alignments, partnerships and new ways of collaborative working between emerging economies, who are driving the global economic growth, and the debt-ridden Western economies that are strong in innovation, technology development, management, and governance. The new world order should be built on conversations instead of dominance or protectionism.

 

 

g)      Mr. Anand Sharma, Union Minister for Commerce and Industry said the situation where the U.S. and the European Union were considered the two pillars was no more. “Multilateralism will guide the global change and it has to be sustained,”. It was matter of time before emerging countries overtook the GDPs of the top seven nations. Even as the global economy was faced with European sovereign debt crisis and global cross currents, the Indian Government had come out with the National Manufacturing Policy that could be “a game changer”.

 

h)      The Summit was attended by over 1200 delegates, out of which, 350 delegates were from over 40 countries.

 
Description

Post the global financial and economic crisis, the world economy in 2011 settled into a protracted period of recovery and rebalancing. As governments stepped back from stimulus spending, the encouraging growth of the previous year gave way to anxieties about deceleration, accompanied by multiple downside risks. Emerging challenges of the new multi-polar age call for innovative solutions that would have to be

Jointly developed by the world.

 

In the vulnerable economic environment, the Indian economy clocked 8.5 per cent GDP expansion for 2010-11 and remained one of growth engines of the global economy. Its outward engagement in terms of trade and investment with the rest of the world continued at an elevated pace, and it is viewed as a land of new opportunity for business. Yet, India faces myriad challenges of poverty and inclusive growth. In order to continue in its mission of growth and human development, India needs strong partnerships with world economics and a new format of innovation in its economic DNA

 

The Partnership Summit 2012, themed 'New Age Innovation Partnerships', would be the platform for exploring the various facets of innovation that can drive future global growth and the roles that India can play in fostering and strengthening the forces of such innovation. To be held in the progressive city of Hyderabad, it would highlight the cutting edge technologies currently emerging out of India and build new partnerships for evolving and dispersing innovation.


Global Economy: The first half of 2011 witnessed major socio-political developments that have significant bearing on the global economy. The Arab Spring brought regime change in several Middle East and North African nations as well as renewed conflicts in others. In Japan, the earthquake and tsunami devastated lives, ruptured the economy and flagged safety of nuclear power installations. Stressed EU economies are still fragile and need support from fellow members to overcome high public debt and deficit.

 

According to the IMF's World Economic Outlook update in June 2011, global activity is undergoing temporary moderation, while a multi-speed recovery continues in different parts of the world. World GDP went up by 4.3 per cent in the first quarter of 2011 and the IMF expects this level to be sustained in 2011 and 2012. The IMF calls for fiscal consolidation and financial sector reforms in advanced economies and demand rebalancing in emerging countries.

 

The specters of inflation and financial volatility as well as euro area financial stability and protracted unemployment are mentioned as downside risks to global growth. Within this scenario, the urgency of global partnerships remains keen as collective action for recovery continues to be an imperative. Most important, the global imbalances that were at the core of the crisis need to be redressed.


Indian Economy: The Indian economy is undergoing major structural transformation, driven by favorable demographics, rising per capita incomes and facilitative macroeconomic and sectoral policies. Critical policy actions are expected in the coming few years that will further unlock the vast potential of GDP expansion that will serve as a crucial hub of growth for the global economy.

India is setting the pace for a new global economic model that is increasingly defined by innovation. Driven by domestic consumption, an innovative entrepreneurial class, and global integration, India's new development experience is being termed the Inclusive Growth model. The chief characteristic of this model is creating an enabling climate for doing business that fosters rapid expansion of the economic pie, accompanied by targeted Government schemes channeling income to those who need it most.

India's growth is an example of an economy that, in the words of Lawrence Summers, is "A consensus based globally not on the idea that competitiveness was in service of a nation trying to win a zero sum game, but rather on the idea that through international integration, nations could diversify, pursue their strengths, and realize together the benefits of larger global markets."

New Age Innovation: As the world rebalances and multi-polarity emerges, new forms of innovation will be required. Most critical, these formats would have to be jointly developed through collaborative research. For the emerging world, innovation is needed to develop cost-competitive new products to meet felt needs of emerging middle classes - for education and healthcare, for connectivity, and for sustainable lifestyles. For higher income consumers, innovation would be related to carbon emissions and energy efficiency as well as research itself. India is already a laboratory for the world in many of these areas.

In particular, India would need to innovate to strengthen partnerships with its traditional friends as well as with new markets. Its trade profiles and investment relations with a resurgent China and a vibrant Africa would be particularly relevant for its future interest.

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The Partnership Summit 2012, the flagship international event of the Confederation of Indian Industry, brought together economic and commercial policymakers, businesses, innovators, and the public at large for relevant discourse on the current status of innovation in all spheres of activity, and helped to  evolve a roadmap for leveraging innovation for global inclusive growth and development.

 

The Conference had plenary sessions covering:

a)     Global Economic Shocks: Perfect Storm Ahead?

b)    The India and USA Promise : Partnership for Progress

c)     India and Africa : Joining Hands

d)    India and China: A New Dynamic

e)     New Drivers of Development

f)     Corporate Global Citizenship in the 21st Century

g)    A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis

 

JCB, SRI CITY, AMARA RAJA, APOLLO HOSPITALS, GVK, INFOTECH were the sponsors of the conference.

Sponsored By
Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
1Partnership Summit 2012: Theme Paper
Mr TT Ashok, Chairman, CII Southern Region and Managing Director, Taylor Rubber Pvt Ltd delivering opening remarks at Inaugural session of the Partnership Summit 2012.
Ms J Geeta Reddy, Minister for Major Industries, Government of Andhra Pradesh delivering welcome remarks at Inaugural Session of the Partnership Summit 2012.
Mr B Muthuraman, President, Confederation of Indian Industry & Vice Chairman, Tata Steel addressing at Inaugural Session of the Partnership Summit 2012.
Mr Goh Chok Tong, Emeritus Senior Minister, Republic of Singapore delivering special address at Inaugural Session of the Partnership Summit 2012.
Ms Sheikha Lubna bint halid Al Qasimi, Minister of Foreign Trade, United Arab Emirates delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr Gita Irawan Wirjawan, Minister of Trade, Republic of Indonesia delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr Omar Hazrat Zakhilwal, Finance Minister, Islamic Republic of Afghanistan delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr Rishad Bathiudeen, Minister for Industry and Commerce, Democratic Republic of Sri Lanka delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr N Kiran Kumar Reddy, Chief Minister of Andhra Pradesh delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr Anand Sharma, Minister of Commerce and Industry and Textiles, Government of India delivering keynote address at Inaugural Session of the Partnership Summit 2012.
Mr Jayadev Galla, Chairman CII Andhra Pradesh & Managing Director, Amara Raja Batteries Ltd delivering vote of thanks at Inaugural Session of the Partnership Summit 2012.
Session Chairman Mr Sunil Kant Munjal, Past President, CII & Chairman, Hero Corporate Services Ltd delivering opening remarks at the Session1: "Global Economic Shocks: Perfect Storm Ahead?" of the Partnership Summit 2012.
Mr Secretary William Cohen, Chairman and CEO, The Cohen Group, USA delivering keynote address at the Session1: "Global Economic Shocks: Perfect Storm Ahead?" of the Partnership Summit 2012.
Mr Gita Irawan Wirjawan, Minister of Trade, Republic of Indonesia delivering keynote address at the Session1: "Global Economic Shocks: Perfect Storm Ahead?" of the Partnership Summit 2012.
Mr Stephen Cadiz, Minister of Trade and Industry, Republic of Trinidad and Tobago delivering keynote address at the Session1: "Global Economic Shocks: Perfect Storm Ahead?" of the Partnership Summit 2012.
Session Chairman Mr Sunil Kant Munjal, Past President, CII & Chairman, Hero Corporate Services Ltd dlivering concluding remarks at the Session1: "Global Economic Shocks: Perfect Storm Ahead?" of the Partnership Summit 2012.
Session Chairman Mr Sanjaya Baru, Director for Geo-economics & Strategy International Institute for Strategic Studies, London delivering opening remarks at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
Senator Mark Warner, Co-Chair, Senate India Caucus, US Senate, Washington DC delivering keynote address at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
Senator Tom Udall, USSenate,WashingtonDC delivering keynote address at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
Senator Michael Bennet, US Senate, Washington DC delivering keynote address at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
Mr B Muthuraman, President, Confederation of Indian Industry & Vice Chairman, Tata Steel delivering keynote address at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
The India and USA Promise : Partnership for Progress - An Open House Discussion
Session Chairman Mr Sanjaya Baru, Director for Geo-economics & Strategy International Institute for Strategic Studies, London delivering concluding remarks at the Session-2: "The India and USA Promise : Partnership for Progress" of the Partnership Summit 2012.
Session Chairman Mr Syamal Gupta, Chairman, CII Africa Committee and Special Advisor, Tata Consultancy Ltd delivering opening remarks at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
Ms Hanna Tetteh, Minister of Trade and Industry, Republic of Ghana delivering keynote address at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
Ms Nimisha J Madhvani, High Commissioner, Uganda High Commission delivering keynote address at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
Mr Atul Punj, Chairman, Punj Lloyd Ltd delivering keynote address at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
Mr D S Dhesi, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India delivering keynote address at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
India and Africa : Joining Hands - An Open House Discussion
Session Chairman Mr Syamal Gupta, Chairman, CII Africa Committee and Special Advisor, Tata Consultancy Ltd delivering concluding remarks at the Session-3: "India and Africa : Joining Hands" of the Partnership Summit 2012.
Session Chairman Mr Dato Michael Yeoh, Chief Executive Officer, Asian Strategy & Leadership Institute (ASLI) & Chairman, World Chinese Economic Forum, Malaysia delivering opening remarks at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Ms Latha Reddy, Deputy National Security Adviser, Government of India addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Mr C V Ranganathan, Emeritus Fellow and Founding Member, Institute of China Studies addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Ms Li Tao, Professor and Executive Dean, Institute of South Asian Studies, Sichuan University, China addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Mr Sanjaya Baru, Director for Geo-economics & Strategy International Institute for Strategic Studies, London addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Mr Richard Deng, Managing Director, Sany Heavy Industry Pvt. Ltd., China addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Mr Ravi Bhoothalingam, Founder and Chairman, Manas Advisory addressing at the Session-4: "India and China: A New Dynamic" of the Partnership Summit 2012.
Session Chairman Mr BVR Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Ltd delivering opening remarks at the Session-5: "New Drivers of Development" of the Partnership Summit 2012.
Mr Wahidullah Shahrani, Minister of Mines, Islamic Republic of Afghanistan addressing at the Session-5: "New Drivers of Development" of the Partnership Summit 2012.
Mr Gita Irawan Wirjawan, Minister of Trade, Republic of Indonesia addressing at the Session-5: "New Drivers of Development" of the Partnership Summit 2012.
Ms Anna Maria Forte, Deputy Director General, International Policies and Trade Promotion, Ministry of Economic Development, Republic of Italy addressing at the Session-5: "New Drivers of Development" of the Partnership Summit 2012.
Mr Talleen Kumar, Joint Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India addressing at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Mr Nizar Kammourie, General Manager, Saudi Brothers Commercial Company addressing at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Mr Prakash Giri, Executive Council Member, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) addressing at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Ms Shobhana Kamineni, Executive Director, Apollo Hospitals Group addressing at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Mr Ravindra Sannareddy, Managing Director, Sricity addressing at at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Session Chairman Mr BVR Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Ltd delivering concluding remarks at the Session-5: “New Drivers of Development” of the Partnership Summit 2012.
Cultural Programme at the Partnership Summit 2012.
Session Chairman Mr Rajive Kaul, Past President, CII & Chairman, Nicco Corporation Limited delivering opening remarks at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Mr Richard Heald, Chief Executive Officer, UK India Business Council addressing at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Mr Amin Hashwani, President, Pakistan-India & CEOs, Business Forum and Director, Hashwani Group of Companies addressing at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Mr Ravi Chaudhry, Chairman, Ce Next Consulting and Investment Ltd addressing at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Mr K Venugopal, Director, Kasturi & Sons Ltd., The Hindu Group of Publications addressing at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Mr Ajit Rangnekar, Dean, Indian School of Business addressing at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Session Chairman Mr Rajive Kaul, Past President, CII & Chairman, Nicco Corporation Limited delivering concluding remarks at the Session-6: "Corporate Global Citizenship in the 21st Century" of the Partnership Summit 2012.
Session Chairman Mr Bill Antholis, Managing Director, The Brookings Institute, Senior Fellow, Governance Studies delivering opening remarks at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Mr Alhaji Amadu Sorogho, Parliamentary Committee Chair on Trade, Industry, Tourism, Republic of Ghana addressing at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Mr Suresh P Prabhu, Chairperson, Council on Energy, Environment and Water addressing at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Effect of Climate Change on Agriculture and Poverty by Mr AVR Kesava Rao, Scientist Agro Climatology, International Crops Research Institute for the Semi Arid Tropics (ICRISAT)
Mr Jahangir Bin Alam, Secretary, India Bangladesh Chamber of Commerce & Industry addressing at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Mr Ramesh Kymal, Chairman & Managing Director, Gamesa Wind Turbines Pvt Ltd addressing at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Climate Crisis: Growth and Good Government to Ameliorate Poverty by Mr Anil Kumar Epur, Chairman, B2B Software Technologies Ltd
Unified World Against Nutrition Illiteracy A doctor’s perspective by Mr Nandakishore Dukkipati, Managing Director, LivLife Hospitals
Session Chairman Mr Bill Antholis, Managing Director, The Brookings Institute, Senior Fellow, Governance Studies delivering concluding remarks at the Session-7: "A Unified Earth Theory: Combining Solutions to Extreme Poverty and the Climate Crisis" of the Partnership Summit 2012.
Mr Jayadev Galla, Chairman CII Andhra Pradesh & Managing Director, Amara Raja Batteries Ltd delivering welcome remarks at the Session-8: "Networking Luncheon Session by Government of Andhra Pradesh" of the Partnership Summit 2012.
Presentation by Ms J Geeta Reddy, Minister for Major Industries, Government of Andhra Pradesh at the Session-8: "Networking Luncheon Session by Government of Andhra Pradesh" of the Partnership Summit 2012.
Mr N Kiran Kumar Reddy, Chief Minister of Andhra Pradesh delivering keynote address at the Session-8: "Networking Luncheon Session by Government of Andhra Pradesh" of the Partnership Summit 2012.
Mr Jayadev Galla, Chairman CII Andhra Pradesh & Managing Director, Amara Raja Batteries Ltd delivering concluding remarks at the Session-8: "Networking Luncheon Session by Government of Andhra Pradesh" of the Partnership Summit 2012.
Mr T T Ashok, Chairman, CII Southern Region and Managing Director, Taylor Rubber Pvt Ltd delivering welcome remarks at the "Session-9: "Networking Country Luncheon Session: Sri Lanka" of the Partnership Summit 2012.
Mr Rishad Bathiudeen, Minister of Industry and Commerce, Democratic Republic of Sri Lanka addressing at the "Session-9: “Networking Country Luncheon Session: Sri Lanka" of the Partnership Summit 2012.
Sri Lanka-Emerging Wonder of Asia by Mr Sam Wijesekara, Counsellor/Commercial, Sri Lanka Deputy High Commission, Chennai
An open house discussion at the Partnership Summit 2012.
Mr T T Ashok, Chairman, CII Southern Region and Managing Director, Taylor Rubber Pvt Ltd delivering concluding remarks at the "Session-9: “Networking Country Luncheon Session: Sri Lanka" of the Partnership Summit 2012.
National Anthem at The Partnership Summit 2012.
 
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