10:00 on
Durbar

Participants registration

10:30-13:30
Alamgir
Workshop

Meeting the water challenge

Discussion initiators
Bimal Arora, Chief Executive Officer, Centre for Responsible Business, India
Glyn Davies, Director of Programmes, WWF, United Kingdom
Nadir Godrej, Managing Director, Godrej Industries and Chairman, Godrej Agrovet, India
Niranjan Khatri, General Manager, Environment Initiatives, ITC-Hotels, India
Naina Lal Kidwai, Country Head India & Director HSBC Asia Pacific, HSBC, India
Bastiaan Mohrmann, Head, Water Advisory South Asia, International Finance Corporation (IFC), India
Bhavna Prasad, Director, Sustainable Business, WWF, India
Damandeep Singh, Director, Carbon Disclosure Project (CDP), India
Sandesh Waje, Sustainability Specialist, IKEA, India
Moderated by
Ravi Singh, Chief Executive Officer, WWF India, India
10:30-13:30
Jehangir
Workshop

Trade facilitation

Discussion initiators
Pritam Banerjee, Senior Director, Corporate Public Policy (South Asia), Deutsche Post (DHL), India
Carlos Braga, Director, The Evian Group@IMD & Professor, International Political Economy, IMD, Switzerland
Shashank Priya, Commissioner, Central Excise & Service Tax, Patna, India
Bharat Thakkar, Former President, Permanent Advisor to Board, The Air Cargo Agents Association of India (ACAAI) and Joint Managing Director, Zeus Air Services Pvt Ltd, India
Moderated by
Anwarul Hoda, Chair Professor, ICRIER Trade Policy and WTO Research Programme, India
13:00-14:30
Durbar

Lunch

An opportunity for networking amongst participants

15:00-15:15
Shah Jehan

Welcoming remarks

Kiran Pasricha, Executive Director and Chief Executive Officer, Ananta Centre, India
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
15:15-17:00
Shah Jehan
Brainstorming session

Our common priorities, concerns… and opportunities

The context about new growth countries – emerging markets – has changed over the last year. What was sometimes too much of a hype has now given ground to gloomy perspectives. However the potential for sustainable high growth remains unchanged. A brainstorming discussion among the participants will identify the key perspectives and issues shaping their outlook. The outcome of this brainstorming will feed into the agenda of the different sessions in the next two days.
Led by
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
Commentator
Rakesh Mohan, Executive Director, International Monetary Fund (IMF), Washington D.C.
17:15-18:15
Shah Jehan

Official Opening of the 2nd Annual Meeting
Reviving Growth: Reversing the Tide

The slowdown in many emerging markets – new growth countries – has highlighted the need for differentiation about the existing conditions in the different countries. It has also illustrated the fact that while some reasons from this slowdown are linked to changes in the global economic and financial context, such as the gradual tapering of the Quantitative Easing of the US Federal Reserve, other important causes for this slowdown in some new growth countries are mostly linked to domestic reasons such as the need for additional structural reforms, sounder financial policies and rebalancing macro-economic conditions. A discussion of measures required today to reverse the slowdown and revive growth on a sounder basis.
Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of the Republic of India, India
Clyde Prestowitz, President, Economic Strategy Institute, USA
Wang Huiyao, Director, Center for China and Globalization, People’s Republic of China
Wang Shi, Chairman & Founder, China Vanke Co, People’s Republic of China
Moderated by
Tarun Das, Founding Trustee, Ananta Centre, India
18:30-19:30
Shah Jehan

A view on the global landscape

A roundtable discussion to allow the Co-Chairs of the 2nd Annual Meeting to share their thoughts with the participants about the present global economic and geopolitical landscape: What strikes them most at the present moment in terms of the challenges we are facing and the issues that dominate the economic and political agenda? What do they see as the greatest matters of concern or reasons for hope and optimism? This sharing of insights with the participants will help set the backdrop for the discussions of the 2nd Annual Meeting of The Growth Net.
Stanley M. Bergman, Chairman of the Board & Chief Executive Officer, Henry Schein, USA
Canan Celebioglu, Vice-Chair, Celebi Holding, Turkey
Ronnie Chan, Chairman HangLung Properties, Hong Kong S.A.R.
Wendy Luhabe, Founder & Chairman, Private Equity Fund, South Africa
S. Ramadorai, Vice Chairman, Tata Consultancy Services and Advisor to the Prime Minister of India, India
Moderated by
Nadir Godrej, Managing Director, Godrej Industries and Chairman, Godrej Agrovet, India
19:30-20:00
Durbar

Cocktail reception

20:00-22:00
Shah Jehan

Opening dinner

Keynote speaker
Mukhisa Kituyi, Secretary General, United Nations Conference on Trade And Development (UNCTAD), Switzerland
Chaired by
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland

09:00-10:30
Shah Jehan

Navigating a period of high volatility

While economic dynamics have slowed down in most of the countries of the new constellation of growth, the combined impact of the fallout from the Federal Reserve tapering and of political and financial instability in some emerging countries have generated high volatility and market skepticism towards some of the most significant new growth countries. Investors are becoming more aware that emerging markets are not all the same. This greater discrimination may prove quite positive in the medium and long term. However, a number of looming risks could impact adversely on all emerging
markets as well as on the most developed ones by ripple effect.
Aharon Fogel, Chairman, IDB Development Corporation, Israel
NK Singh, Member of Parliament, Former Secretary to the Prime Minister for economic issues, India
Robert J. Shapiro, Chairman and Chief Executive Officer, Sonecon LLC, USA
Jonathan Spector, Chief Executive Officer, The Conference Board, USA
Moderated by
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
10:30-11:00
Durbar

Networking break

 11:00-12:30
Mumtaz Mahal

Addressing the policy challenges and creating the business opportunities to narrow the infrastructure gap

Demand for infrastructure in emerging markets – new growth countries – is estimated to equal one trillion dollars per year until 2030. This is driven by urbanization, growing transportation needs, waste and water management requirements, public safety and much needed increased supply of energy. New paradigms are emerging in the provision of infrastructure, including most importantly innovative public private partnerships in the design, development and management of infrastructure. Private equity financing of infrastructure projects is growing and is of critical importance in trying to close the
infrastructure gap, particularly in a time of increased government austerity around the globe.
  • What policy challenges exist in developing and managing these new PPPs? How to ensure the quality of infrastructure development?
  • What business opportunities are emerging and how can they best be leveraged?
Canan Celebioglu, Vice Chair, Celebi Holding, Turkey
Gajendra Haldea, Advisor to the Deputy Chairman, Planning Commission, India
Tatsuhiko Takesada, Executive Officer Asia & Pacific, Japan Bank for International Cooperation (JBIC), Singapore
Songming Xu, Vice Managing Director, SEZ Construction & Development Group Ltd., People’s Republic of China
Moderated by
RC Bhargava, Chairman, Maruti Suzuki India Ltd, India
11:00-12:30
Jehangir

Education: Combining the government and the private sector roles to meet a national priority

In most countries, whatever progress is made and whatever the amount of money invested, public education systems are not able to keep up with rising demand and expectations. Private schools and universities are stepping in to fill this gap, providing good education, contributing to creating the much-needed skills and leveraging attractive business opportunities.
  • How can the private and public sectors complement each other to build an optimal educational system?
  • How to ensure that private sector education is not only good business but also good value?
  • How to ensure that the public systems don’t get left behind as rising middle class parents rush to put their children in private schools as soon as they can afford to do it?
Ashish Bhatt, Managing Director, Xyntéo, United Kingdom
Mauro de Salles Aguiar, President, Colégio Bandeirantes, Brazil
Joseph Klafter, President, Tel Aviv University, Israel
Guiomar Namo de Mello, Chairman, State Board of Education of Sao Paulo, Brazil
S. Ramadorai, Vice Chairman, Tata Consultancy Services and Advisor to the Prime Minister of India, India
Tan Tai Yong, Vice Provost, National University of Singapore, Singapore
Moderated by
Michael Yeoh, Chairman, Maruti Suzuki India Ltd, India
 12:45-14:15
Shah Jehan

Luncheon
Dealing with the changes in the global security environment

It is an understatement to say that the global security environment has become significantly more complex and volatile in the last few years, as a number of threats and issues have been accumulating, sometimes supplanting more traditional security challenges. For instance, issues such as food security and climate change have now become part of the national security agenda for many countries, and the threats created by terrorist activities or the destabilizing impact of local conflicts and unstable situations, like in Syria or in some African countries, have replaced the problematic of the East-West
cold war confrontation.
  • How to address these changes and the new challenges they create?
  • What does this require when shaping policies and responses relevant to the new security environment?
Keynote speaker
Shiv Shankar Menon, National Security Advisor, India
Chaired by
Gautam Thapar, Founder & Chairman, Avantha Group, India
14:30-16:00
Jehangir

The new risk management playbook for business in emerging markets

Economic and political developments in a number of new growth countries have highlighted the need for an even more holistic approach to managing risks involved in operating in countries where social and political conditions may be subject to abrupt changes, legal and regulatory frameworks are wanting and poor infrastructure adds to operational risks. New compliance pressures created by the aggressive enforcement of the Foreign Corrupt Practices Act in the USA or the Anti Bribery Act in the UK are forcing corporations to assess even more deeply how business practices in one country could create new risks and impact negatively on their business worldwide.
  • What does this new context require in terms of a more comprehensive approach to risk management
  • What are the cardinal rules that should guide risk assessment and risk management in this new, more demanding, environment?
Cem Duna, Chairman, AB Consultancy & Investment Services, Turkey
Ingo Plöger, President, The Business Council of Latin America (CEAL), Brazil
Tarun Ramadorai, Professor of Financial Economics, University of Oxford, United Kingdom
Lisa Robins, Head, Global Transaction Banking Asia Pacific, Deutsche Bank, Germany
Ralph Voltmer, Partner, Head of the India Practice, Covington & Burling, USA
Moderated by
Ashish Bhatt, Managing Director, Xyntéo, United Kingdom
14:30-16:00
Mumtaz Mahal

What does it take to thrive? Meet the innovative growth champions

A look at innovative companies with entrepreneurs from emerging markets
  • Sharing the lessons from success stories and best practices
  • What works and what doesn’t?
  • Stumbling blocks that could be removed?
William Bissel, Managing Director, Fabindia Overseas Private Limited, India
Joseph Klafter, President, Tel Aviv University, Israel
Bin Lin, Co-Founder & President, Xiaomi Corporation, People’s Republic of China
Jorge Lopez Morton, Founder & CEO, Total Energy Systems & Executive Director, Mexican Business Council for Foreign Trade (COMCE), Mexico
Ravi Venkatesan, Former Chairman, Microsoft India, Former MD, Cummins India and Author, “Conquering the Chaos“, India
Moderated by
Subodh K. Bhargava, Chairman, Tata Communications Ltd., India
16:00-16:30
Durbar

Tea break

16:30-18:00
Jehangir

Agribusiness as a growth engine: Producing more And being sustainable

Meeting the increasing global demand for food in a sustainable manner is becoming a major challenge. While the world’s population keeps growing and standards of living are rising, arable land is diminishing because of fast urbanization and industrial use. Investment in agricultural productivity is not increasing fast enough and climate change is already negatively affecting the ability to produce food in some countries. While it is crucial to keep both farmers in business and prices for consumers at a reasonable level, the food scare of 2008 has pushed food security to the top of many countries’ agenda.
  • What measures can be taken to ensure increased agricultural sustainability while at the same time ensuring price stability and food security?
  • How can the agribusiness sector respond to a continuously evolving demand for cutting edge agricultural and food products?
  • How could the global agricultural trading system provide a more dependable market for food?
Nadir Godrej, Managing Director, Godrej Industries and Chairman, Godrej Agrovet, India
Ashok Gulati, Chairman, Commission on Prices for Agricultural Goods (CACP), India
Alan Winney, Chairman, Emerald Grain Pty. Ltd. & Former Chairman of Queensland Sugar Ltd., Australia
Moderated by
MK Venu, Executive Editor, Amar Ujala, India
16:30-18:00
Mumtaz Mahal

The ASEAN economic dynamo: Spreading the growth beyond the region

South East Asia was one of the world’s fastest growing regions in 2013 and, despite some risks and uncertainties, growth should remain strong in 2014. Moreover, the next structural step to the process of economic integration through the scheduled implementation of the ASEAN Economic Community by 2015 – with the goal of freeing the movement of goods, services, capital and skilled labor – should boost economic growth and improve the region’s overall attractiveness to investors and its competitiveness.
  • How is increasing economic integration making the ASEAN countries less vulnerable to external shocks?
  • How can other countries latch onto the dynamics created by ASEAN integration?
  • What can be learnt from the ASEAN process of integration?
Syamal Gupta, Special Advisor, Tata International Limited, India
Bundit Limschoon, Secretary General, Asia Cooperation Dialogue (ACD), Kuwait
Michael Yeoh, Co-Founder & CEO, Asian Leadership & Strategy Institute (ASLI) and Member of ASEAN High Level Taskforce on connectivity, Malaysia
Moderated by
Indrani Bagchi, Diplomatic Editor, Times of India, India
18:15-19:30
Shah Jehan

Investment in the new growth countries: Leveraging the opportunities in a changed landscape

While foreign investment flows have decreased significantly in emerging market countries, opportunities are still there to be seized, requiring a more rigorous differentiated sector and country-wise approach. The present context should also push investors to look for more alternatives to direct investment.
  • Where are the opportunities to be leveraged today?
  • What kind of approach does the new economic landscape require?
  • What are the trade-offs between looking at the short term and betting on the long term?
Chew Sutat, Executive Vice-President, Singapore Exchange Ltd., Singapore
Aharon Fogel, Chairman, IDB Development Corporation Ltd., Israel
Naina Lal Kidwai, Country Head India & Director HSBC Asia Pacific, HSBC, India
Thierry Porte, Managing Director, J.C. Flowers & Co, USA
Alexandre Zeller, Chairman, SIX Group Ltd., Switzerland
Moderated by
Cem Duna, Chairman, AB Consultancy & Investment Services, Turkey
19:30-21:00
Durbar

Dinner

09:00-10:30
Mumtaz Mahal

Will China’s single digit growth strategy work?

China’s first onshore default has ignited concerns of more episodes of that kind being in the offing as the number of Chinese companies whose debt is double their equity has swelled in the last few years. When also considering the worries about the huge size of shadow banking (estimated at US$ 7.5 trillion) and the slowdown in overall economic activity, one can understand the concerns among investors and policy makers in China and beyond.
  • How to assess China’s present economic situation?
  • Will the leadership in Beijing be able to conduct the shift towards a different economic model while ensuring that growth will remain at a high enough (7 to 8%) sustainable level?
Gadi Ariav, Resident Scholar, Indian Institute of Management, Bangalore, India and Associate Professor, Head, Max Perlman Center for Global Business, Recanati Business School, Tel Aviv University, Israel
Ronnie Chan, Chairman HangLung Properties, Hong Kong S.A.R.
Christer Ljungwall, Science Counsellor, Swedish Agency for Growth Policy Analysis, Embassy of Sweden in China, Sweden
Wang Jianye, Visiting Professor of Economics, New York University Shanghai & former Chief Economist Export-Import Bank of China, People’s Republic of China
Moderated by
Pramit Pal Chaudhuri, Foreign Editor, Hindustan Times, India
 09:00-10:30
Jehangir

Tackling the global water crisis

Increasing water scarcity means agricultural doomsday in many emerging countries and is not only threatening the sustainability of growth but will be feeding internal turmoil and international tensions.
  • How to manage water resources better?
  • What kind of international cooperative measures are urgently needed?
  • What can business do?
Herbert Oberhaensli, Vice-President Economics and International Relations, Nestlé, Switzerland
Suresh Prabhu, former Minister of Industry, Environment & Forest and Power, India
Ravi Singh, Chief Executive Officer, WWF India, India
Moderated by
Govindraj Ethiraj, Founder, Ping Network, India
10:30-11:00
Durbar

Tea break

11:00-12:30
Mumtaz Mahal

New growth companies: When going global becomes a Must

More and more companies from new growth countries have realized – and keep realizing – that at some stage of their development they are compelled to expand their activities and their footprint at the international level. It is not only a matter of tapping new sources of growth but also acquiring new technologies and new skills that will also enhance their competitiveness in their own domestic market. These new MNCs, and MNCs in the making, are reshaping the global competition landscape and creating new business models. However, as much as it opens new opportunities, an international expansion strategy involves in most instances new challenges that will test the leadership and the management capabilities of many aspiring MNCs.
Anand Agarwal, Chief Executive Officer, Sterlite Technologies, India
Sanjiv Goenka, Chairman, RP-Sanjiv Goenka Group, India
Sanjeev Kumar, Chief Financial Officer, Coca-Cola India Pvt. Ltd., India
Alasdair Spink, Managing Director, Odgers Berndtson, India
Shashank Tripathi, Leader Strategy & Research Practice, PwC, India
Moderated by
David Wijeratne, Growth Markets Center, Lead Director PwC, Singapore
11:00-12:30
Jehangir

Africa: The growth proposition

A number of African countries have now firmly put themselves on the global growth map. According to the IMF, Sub-Saharan Africa’s growth was about 5% in 2013 and is expected to reach 5.7% in 2014, with even 8 and 8.7% respectively for Ghana and countries like Angola, Cote d’Ivoire, and Tanzania not far behind. Exports, investment and rising consumer demand from the fast growing middle class are driving factors in these higher growth rates. However, weak institutions and regulatory frameworks, political issues, corruption and lagging infrastructure continue to harm growth prospects.
  • How should we assess the risks and opportunities in the region?
  • What should investors look at and think about?
  • What will it take to ensure the long-term sustainability of growth?
Stanley M. Bergman, Chairman of the Board & Chief Executive Officer, Henry Schein, Inc., USA
Wendy Luhabe, Founder & Chairman, Private Equity Fund, South Africa
Andrew M. Mwenda, Strategy and Editorial Director, The Independent, Uganda
Witney Schneidman, Senior International Advisor for Africa, Covington & Burling and Former Deputy Assistant Secretary of State for African Affairs, USA
Moderated by
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
12:45-14:15
Shah Jehan

Plenary luncheon

Restoring India’s right to growth

There is no discussion that India’s economic performance in the last three years has been below par. While some external factors may have played a role in that, the key reasons for this underperformance have been too little too late in terms of appropriate structural reforms, conflicting signals from the government and a still problematic legal and regulatory framework creating uncertainties for domestic and foreign investors. One might say that this has, in fact, deprived India, and India’s population of their legitimate right to a growth commensurate to the potential and resources of the country. What will be required now to restore this “right to growth” to its full extent?
A conversation between
Ronnie Chan, Chairman HangLung Properties, Hong Kong SAR
and
Sam Pitroda, Adviser to the Prime Minister on Public Information Infrastructure & Innovations, India
Moderated by
Tarun Das, Founding Trustee, Ananta Centre, India
14:30-16:00
Mumtaz Mahal

How can business use the Bali Trade Agreement as a lever for growth?

The Bali Trade Agreement, although not achieving as much as hoped, did make critical progress on key issues related to trade facilitation. In fact, by some estimates, the Bali agreement on trade facilitation measures could boost global output by over $400 billion per year, with much of the benefit flowing to poorer and new growth countries. Many challenges remain in terms of implementing streamlined customs procedures and reducing red tape, but business may be the real winner of this agreement if they can use the outcomes to leverage improved trade opportunities. What are the greatest benefits to be derived from the Bali agreement? What steps should business be taking to maximize the opportunities presented through the measures agreed in Bali? What challenges still remain?
Carlos Braga, Director, The Evian Group@IMD & Professor, International Political Economy, IMD, Switzerland
Anwarul Hoda, Chair Professor, ICRIER Trade Policy and WTO Research Programme, India
Ingo Plöger, President, The Business Council of Latin America (CEAL), Brazil
Moderated by
Clyde Prestowitz, President, Economic Strategy Institute, USA
14:30-16:00
Jehangir

Dealing with healthcare as a strategic priority for new growth countries

As the Human development Report of the UNDP illustrates, too many new growth countries continue to underestimate the crucial importance of the health factor as a key prerequisite for economic growth. The share of GDP allocated to health policy remains substantially below what would be required. As many countries have at the same time to deal with scarce – or relatively scarce – public resources, the necessity for a more efficient allocation of resources, as well as a closer and more effective collaboration between healthcare companies and government are today essential for ensuring healthcare
policies that will serve the purpose of economic and social development.
Vikram Anand, Principal & Head, Healthcare Consulting, IMS Health, India
Ranjit Roy Chaudury, National Professor of Pharmacology, NAMS and Chairman, Taskforce for Research, Apollo Hospitals Education and Research Foundation, India
Liz Fowler, Vice President Global Health Policy, Johnson & Johnson Ltd, USA
Somil Nagpal, Senior Health Specialist, The World Bank
Niti Pall, Vice Chair, HealthWorks Locality Comissioning Group, India
Moderated by
Sanjiv Navangul, Managing Director, Janssen, India
16:15-17:45
Shah Jehan

Closing plenary

What prospects for new growth countries? Looking beyond the slowdown

While the present slowdown has induced many investors and economists into a pessimistic approach towards new growth countries, the key fundamentals for sustainable high growth in most countries have remained unchanged. Learning from the lessons of the present slowdown, what will it take for these new growth countries to fully leverage the potential held by key positive fundamentals?
Alyssa Ayres, Senior Fellow for India, Pakistan & South Asia, Council on Foreign Relations and Former Deputy Assistant Secretary of State for South Asia, USA
Enrico Deiaco, Director and Head of the Department, Innovation and Global Meeting Places, Swedish Agency for Growth Policy Analysis, Sweden
Bill Eggers, Global Director, Public Sector Research, Deloitte, USA
Wendy Luhabe, Founder & Chairman, Private Equity Fund, South Africa
Suresh Prabhu, former Minister of Industry, Environment & Forest and Power, India
Moderated by
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
17:45-18:00
Shah Jehan

Concluding remarks: What do we take home?

18:00-19:00
Durbar

Farewell reception