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The Partnership Summit 2014
HighLights
 

 

·    Building global partnerships and value chains is a continuous and irreversible process that will be unhindered even if some countries adopt inward looking policies in the face of economic challenges. Stating this in his inaugural address on ‘Emerging Global Value Chains: Building Partnerships’ at the three-day CII Partnership Summit 2014 organised in Bangalore, Mr Anand Sharma, Minister of Commerce & Industry, Government of India, said emphatically that global value chains by their very nature do not cause loss of jobs in countries that outsource manufacturing and service functions. Mr Sharma referred to a recent study that said that for every job outsourced by the US, two new higher-end jobs get created in the country.

Underscoring the irreversible nature of emerging global value chains, Mr Sharma said that over 60% of Fortune 500 companies have set up their global R&D centres in Indian cities like Bangalore. This number will only increase, he said.

Noting that Government of India has opened up a gamut of domestic sectors to foreign direct investments (FDI), Mr Sharma said that that in the last four years alone India received FDI worth $176 billion. He added that the National Manufacturing Policy (NMP) that was introduced in 2011 will catalyse greater FDI inflows as the country prepares to develop 17 National Manufacturing Investment Zones (NMIZs). He also referred to the development of industrial and economic corridors like the Delhi Mumbai Industrial Corridor (DMIC), proposed economic corridors between Bangalore and Mumbai, Bangalore and Chennai, and dedicated freight corridors to illustrate the new developments in India that will be of key essence to global investors.


Mr Sharma said that India has entered into several bilateral trade agreements with countries and regions around the world. Now the focus is on accelerating the partnerships with Asia which as a region is undergoing a new wave of economic integration.

The minister said in his closing remarks that India is forging a strong skills base, which will not only meet the country’s future needs but also help bridge the estimated global skill shortage of around 85 million in the future.

·      Mr Siddaramaiah, Chief Minister of Karnataka, said in his keynote address that Karnataka is one of the fastest growing states in the country and that Bangalore is integrally linked with the global value chains. Noting that the city is already a global hub for design and R&D, Mr Siddaramaiah expressed satisfaction over World Economic Forum (WEF) identifying the city as one of the Top 4 innovation hubs in the world. The Chief Minister added that while the state has taken strident steps to drive the growth of IT/ITeS, biotech and other service industries, the state government is now directing sharp focus on manufacturing growth.

Karnataka has set up a Manufacturing Task Force. Mr Siddaramaiah said the state is aiming to become one among Top 3 destinations for investments in the manufacturing sector. He said that while one NMIZ is coming up in Tumkur, three other NMIZs will come up in Bidar, Gulbarga and Kolar. The state’s New Industrial Policy which will be released in April this year will provide further impetus for boosting manufacturing growth in Karnataka.

Mr Siddaramaiah also stated that the world’s first digital media city is coming up in Bangalore. He cited tourism as another big business opportunity in the state, and added that Mysore is emerging as a major business and investment destination. During the session a report on Roadmap for Industrial Development of Mysore was released by Mr Anand Sharma.

·      Mr Kaushik Mukherjee, Chief Secretary, Government of Karnataka, said in his address spoke about the investment avenues available in Karnataka. Tourism of Karnataka can play a major role for bringing in foreign investments to the country as Karnataka is rich in biodiversity. Other than IT, biotechnology has also taken strong roots in Karnataka. He also spoke about developing country-specific export zones for global businesses.

·       Earlier, Mr S Gopalakrishnan, President, CII and Executive Vice Chairma, Infosys Ltd, referred Bangalore as the hub of knowledge. He thanked Mr Siddaramaiah for his support to industry and for his innovative ideas offered to make Karnataka the hub of Industrial Development. Explaining Partnership and Global Value Chain in the true sense where products are manufactured in one part of the world, assembled in another and sold in another part of the world, he said it was very important for the world to come together, have policies that integrate the chains of globalisation.

He also explained how India plays an important role in connecting with the value chains as the nation meets global standards of industrialisation in all the sectors, especially in IT. He focused on the ground rules that will strengthen the GVCs -- connecting infrastructures worldwide, skill development and training programmes for smaller sectors, cross border trade facilities, giving greater importance to MSMEs and facilitating them by open financial regime and services to be brought in action in a robust manner are a few to mention.

·      Mr Ajay S Shriram, President Designate, CII and Senior Managing Director, DCM Shriram Consolidated Ltd, proposed the vote thanks. Mr Chandrajit Banerjee, Director General, CII, anchored the session.

 
Description

The Confederation of Indian Industry (CII) with the support of Government of India and in partnership with the State Government of Karnataka organized the 20th edition of the Partnership Summit from 27 – 29 January, 2014 in Bangalore, Karnataka. Mr Anand Sharma, Minister of Commerce and Industry was the Chair of the Summit. Karnataka was the Partner State at this very prestigious international Summit.

Building global partnerships and value chains is a continuous and irreversible process that will be unhindered even if some countries adopt inward looking policies in the face of economic challenges. Stating this in his inaugural address on ‘Emerging Global Value Chains: Building Partnerships’ at the three-day CII Partnership Summit 2014 organised in Bangalore, Mr Anand Sharma, Minister of Commerce & Industry, Government of India, said emphatically that global value chains by their very nature do not cause loss of jobs in countries that outsource manufacturing and service functions. Mr Sharma referred to a recent study that said that for every job outsourced by the US, two new higher-end jobs get created in the country.

Underscoring the irreversible nature of emerging global value chains, Mr Sharma said that over 60% of Fortune 500 companies have set up their global R&D centres in Indian cities like Bangalore. This number will only increase, he said.

Noting that Government of India has opened up a gamut of domestic sectors to foreign direct investments (FDI), Mr Sharma said that that in the last four years alone India received FDI worth $176 billion. He added that the National Manufacturing Policy (NMP) that was introduced in 2011 will catalyse greater FDI inflows as the country prepares to develop 17 National Manufacturing Investment Zones (NMIZs). He also referred to the development of industrial and economic corridors like the Delhi Mumbai Industrial Corridor (DMIC), proposed economic corridors between Bangalore and Mumbai, Bangalore and Chennai, and dedicated freight corridors to illustrate the new developments in India that will be of key essence to global investors.

Mr Sharma said that India has entered into several bilateral trade agreements with countries and regions around the world. Now the focus is on accelerating the partnerships with Asia which as a region is undergoing a new wave of economic integration.

The minister said in his closing remarks that India is forging a strong skills base, which will not only meet the country’s future needs but also help bridge the estimated global skill shortage of around 85 million in the future.

Mr Siddaramaiah, Chief Minister of Karnataka, said in his keynote address that Karnataka is one of the fastest growing states in the country and that Bangalore is integrally linked with the global value chains. Noting that the city is already a global hub for design and R&D, Mr Siddaramaiah expressed satisfaction over World Economic Forum (WEF) identifying the city as one of the Top 4 innovation hubs in the world. The Chief Minister added that while the state has taken strident steps to drive the growth of IT/ITeS, biotech and other service industries, the state government is now directing sharp focus on manufacturing growth.

Karnataka has set up a Manufacturing Task Force. Mr Siddaramaiah said the state is aiming to become one among Top 3 destinations for investments in the manufacturing sector. He said that while one NMIZ is coming up in Tumkur, three other NMIZs will come up in Bidar, Gulbarga and Kolar. The state’s New Industrial Policy which will be released in April this year will provide further impetus for boosting manufacturing growth in Karnataka.

Mr Siddaramaiah also stated that the world’s first digital media city is coming up in Bangalore. He cited tourism as another big business opportunity in the state, and added that Mysore is emerging as a major business and investment destination. During the session a report on Roadmap for Industrial Development of Mysore was released by Mr Anand Sharma.

Mr Kaushik Mukherjee, Chief Secretary, Government of Karnataka, said in his address spoke about the investment avenues available in Karnataka. Tourism of Karnataka can play a major role for bringing in foreign investments to the country as Karnataka is rich in biodiversity. Other than IT, biotechnology has also taken strong roots in Karnataka. He also spoke about developing country-specific export zones for global businesses.

Earlier, Mr S Gopalakrishnan, President, CII and Executive Vice Chairma, Infosys Ltd, referred Bangalore as the hub of knowledge. He thanked Mr Siddaramaiah for his support to industry and for his innovative ideas offered to make Karnataka the hub of Industrial Development. Explaining Partnership and Global Value Chain in the true sense where products are manufactured in one part of the world, assembled in another and sold in another part of the world, he said it was very important for the world to come together, have policies that integrate the chains of globalisation.

He also explained how India plays an important role in connecting with the value chains as the nation meets global standards of industrialisation in all the sectors, especially in IT. He focused on the ground rules that will strengthen the GVCs -- connecting infrastructures worldwide, skill development and training programmes for smaller sectors, cross border trade facilities, giving greater importance to MSMEs and facilitating them by open financial regime and services to be brought in action in a robust manner are a few to mention.

Mr Ajay S Shriram, President Designate, CII and Senior Managing Director, DCM Shriram Consolidated Ltd, proposed the vote thanks. Mr Chandrajit Banerjee, Director General, CII, anchored the session.

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Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
Foreign Investment into Karnataka is always welcome: R V Deshpande
Global Value Chains & Partnerships Are Here To Stay: Anand Sharma
Karnataka is focused on driving manufacturing growth: Krishna Byre Gowda
Partnership Summit 2014
Mr B Santhanam, Chairman, CII Southern Region at the Inaugural Session of the CII Partnership Summit 2014
Mr S Gopalakrishnan, President, CII at the Inaugural Session of the CII Partnership Summit 2014
Mr Kaushik Mukherjee, Chief Secretary, Government of Karnataka at the Inaugural Session of the CII Partnership Summit 2014
Release of CII Mysore Book Report at the Inaugural Session of the CII Partnership Summit 2014
Mr Siddaramaiah, CM of Karnataka at the Inaugural session of the Partnership Summit 2014
Mr Anand Sharma, Minister for Commerce and Industry, GOI at the Inaugural Address at the Partnership Summit 2014
Mr Ajay S Shriram, Chairman & Senior MD, DCM Shriram Consolidated Ltd at the Inaugural Session of the Partnership Summit 2014
Mr Ajay S Shriram, President Designate, CII on “Karnataka-Surging Ahead”
Mr B Santhanam, Chairman, CII Southern Region on “Karnataka-Surging Ahead”
Mr Soumitra Bhattacharya, Chairman, CII Karnataka State Council on “Karnataka-Surging Ahead”
Mr Siraj A Chaudhry, Chairman, Cargill India Private Ltd on “Karnataka-Surging Ahead”
Mr R V Deshpande, Minister for Higher Education, Government of Karnataka on “Karnataka-Surging Ahead”
An open house discussion on “Karnataka-Surging Ahead”
Mr Kaushik Mukherjee, Chief Secretary, Government of Karnataka on “Karnataka-Surging Ahead"
Mr Chandrajit Banerjee, DG, CII on “Karnataka-Surging Ahead”
Mr Dhruv M Sawhney, MD, Triveni Engineering & Industries Ltd on “Entering into a New Trade Era Post Bali”
Mr Roberto Azevedo, DG, WTO on “Entering into a New Trade Era Post Bali”
Mr Anand Sharma, Minister of Commerce and Industry, GOI on “Entering into a New Trade Era Post Bali”
Mr Mustapa Bin Mohamed, Minister of International Trade & Industry, Malaysia on “Entering into a New Trade Era Post Bali”
Mr S Iswaran, Minister in Prime Minister’s Office, Second Minister for Home Affairs and Second Minister for Trade and Industry, Singapore on “Entering into a New Trade Era Post Bali”
Mr B Muthuraman, Vice Chairman, Tata Steel Ltd on “Entering into a New Trade Era Post Bali”
Ms Arancha Gonzales, Executive Director, International Trade Centre on “Entering into a New Trade Era Post Bali”
Mr William Danvers, Deputy Secretary General, OECD on “Entering into a New Trade Era Post Bali”
An open house discussion on “Entering into a New Trade Era Post Bali”
Mr Dhruv M Sawhney, MD, Triveni Engineering & Industries Ltd on “Entering into a New Trade Era Post Bali”
Mr B Santhanam, Chairman, CII Southern Region on "Focus Country Networking Luncheon Session: Advantage Bahrain "
Mr Essam Abdullah Fakhro, Chairman-Emeritus, Bahrain Chamber of Commerce & Industry, Bahrain on "Focus Country Networking Luncheon Session: Advantage Bahrain"
Ms Vivian Jamal, Executive Director-Business Development, Bahrain Economic Development Board on "Focus Country Networking Luncheon Session: Advantage Bahrain"
An open house discussion on Advantage Bahrain
Mr B Santhanam, Chairman, CII Southern Region on "Focus Country Networking Luncheon Session: Advantage Bahrain"
Mr Michael Yeoh, Co-Founder & CEO, ASLI, Malaysia on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Sanjaya Baru, Director, Geo-Economics & Strategy, International Institute for Strategic Studies on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Kamal bin Ahmed Mohammed, Minister of Transportation & Acting Chief Executive of Economic Development Board, Bahrain on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Sultan bin Saeed Al Mansoori, Minister of Economy, United Arab Emirates on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Norihiko Ishiguro, Vice Minister for International Affairs, Ministry of Economy Trade & Industry, Japan on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Rizal Affandi Lukman, Deputy Minister for International Economic Cooperation, Indonesia on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Jayant Dasgupta, Ambassador of India to WTO on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr Subodh Bhargava, Chairman, Tata Communications Ltd on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
An open house discussion on Emergence of New Mega-Trading Blocks and their Impact on Global Trade
Mr Michael Yeoh, Co-Founder & CEO, ASLI, Malaysia on “Emergence of New Mega-Trading Blocks and their Impact on Global Trade”
Mr B Santhanam, Chairman, CII Southern Region on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, India on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Sayyad Abd-Al-Cader Sayed Hossen, Minister of Industry, Commerce and Consumer Protection, Mauritius on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Aiyaz Sayed-Khaiyum, Minister of Industry & Trade, Republic of Fiji on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Jerry Naumoff, Minister for Foreign Investments, Macedonia on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Gopinath Pillai, Ambassador-at-Large and Chairman, Institute of South Asian Studies, Singapore on “Effective Pathways for Partnerships for a Sustainable Growth”
An open house discussion on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr B Santhanam, Chairman, CII Southern Region on “Effective Pathways for Partnerships for a Sustainable Growth”
Mr Rajive Kaul, Chairman, Nicco Corporation Ltd on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr Hermann Calle Schlettwein, Minister of Trade and Industry, Namibia on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr M N Vidyashankar, Additional Chief Secretary, Dept. of Industries and Commerce, Government of Karnataka on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr Cesar Fragozo, Minister for Asia Pacific, Mexican Trade Commission, ProMexico, Mexico on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr Pramod Bhasin, Vice Chairman, Genpact on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
An open house discussion on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr Rajive Kaul, Chairman, Nicco Corporation Ltd on “Services as Critical Component in Global Value Chain: Challenges for Developing Countries”
Mr Vikram Kirloskar, Chairman, CII Innovation Council, Chairman, GITA on “South-South Development Cooperation: The Role of Emerging Economies”
Mr Sayyad Abd-Al-Cader Sayed Hossen, Minister of Industry, Commerce and Consumer Protection, Mauritius on “South-South Development Cooperation: The Role of Emerging Economies”
Ms Janet Zebedayo Mbene, Deputy Minister for Industry and Trade, Tanzania on “South-South Development Cooperation: The Role of Emerging Economies”
Mr M C Bimha, Minister of Industry and Commerce, Zimbabwe on “South-South Development Cooperation: The Role of Emerging Economies”
Mr Pan Sorasak, Secretary of State, Ministry of Commerce, Cambodia on “South-South Development Cooperation: The Role of Emerging Economies”
Mr Nalin Surie, Former High Commissioner of India to the UK on “South-South Development Cooperation: The Role of Emerging Economies”
Mr Anup K Pujari, DG, Foreign Trade, Dept. of Commerce on “South-South Development Cooperation: The Role of Emerging Economies”
A panel discussion on “South-South Development Cooperation: The Role of Emerging Economies”
Mr Sanjay Budhia, Chairman, CII National Committee on Exports on “South-South Development Cooperation: The Role of Emerging Economies”
Mr S Gopalakrishnan, President, CII at the Valedictory Session of the CII Partnership Summit 2014
Mr Kaushik Mukherjee, Chief Secretary, Government of Karnataka at the Valedictory Session of the CII Partnership Summit 2014
Mr M Maheshwar Rao, Commissioner for Industrial Development and Director of Industries and Commerce, Govt. of Karnataka at the Valedictory Session of the CII Partnership Summit 2014
Mr Tushar Giri Nath, Secretary, Mines and Geology, MSME and Sugar, Govt. of Karnataka at the Valedictory Session of the CII Partnership Summit 2014
Ms Amita Prasad, Principal Secretary, Dept. of Power, Govt. of Karnataka at the Valedictory Session of the CII Partnership Summit 2014
Mr Krishna Byre Gowda, Minister for Agriculture, Govt. of Karnataka at the Valedictory Session of the CII Partnership Summit 2014
An open house discussion at the Valedictory Session of the CII Partnership Summit 2014
Mr Soumitra Bhattacharya, Chairman, CII Karnataka State Council at the Valedictory Session of the CII Partnership Summit 2014
 
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