“Restoring higher growth in Emerging Markets”

By alphabetical order, country of company/organization represented

CO – CHAIRS

Jamshyd N GodreJ, Chairman of the Board, Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, India
Toshiyuki Shiga, Vice Chairman, Co-Chair of Asia/Middle East-Japan Relations Committee, Keizai Doyukai & Vice-Chairman of Nissan Motor Co. Ltd, Japan
N K Singh, Chairman, Steering Committee, The Growth Net; Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, India

 

 

08:00 – Onwards
Jehangir Hall

Participants registration

 

1A
08:30 – 09-30
Mumtaz Hall
Sign up breakfast

Inflation, Interest Rates and Indian Monetary Policy – what’s in store?

A discussion with:
Urjit Patel, Deputy Governor, Reserve Bank of India (RBI), India
Chaired by:
Harshavardhan Neotia, Chairman, Ambuja Neotia Group, India

 

1B
08:30 – 09-30
Roshanara Hall
Sign up breakfast

When refusing to bribe your way to contract is good for business: What will stop corruption being “business as usual”

Corruption ranks among the top obstacles to sound and sustainable economic performance, distorting business conditions and being a major source of social discontent. As the need for strong anti-corruption policies has become much better recognized in the last few years. Initiatives like the Anti-Bribery Convention of the OECD and the wide-range enforcement of the US Foreign
Corrupt Practices Act and of the UK Anti-Bribery Act are making corrupt practices increasingly risky and costly for corporations. What are the key practices and policies that will create a corruption-free environment? Why is it essential for business to become a strong player in the anti-corruption drive?
Andrew M’wenda, Founder and Owner, The Independent, Uganda
Shardul Shroff, Executive Chairman, Shardul Amarchand Mangaldas & Co, India
Chaired by:
Ralph Voltmer, Senior Partner, Covington & Burling, USA

 

09:30-10:00
Foyer

Tea break

10:00-11:15
Shah Jehan Hall
Opening plenary session

The Indian economy’s place in the world

Chief Guest:
Arun Jaitley, Minister of Finance, Government of India
Naushad Forbes, President Designate, Confederation of Indian Industry (CII) & Co-Chairman of Forbes Marshall, India
Jamshyd N Godrej, Chairman of the Board, Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, India
N K Singh, Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, India
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland

 

11:30-12:45
Shah Jehan Hall

 

The new geography of trade: what will be the impact of the changing trading blocs for emerging countries?

The key characteristic of the global trade scene has been the sprouting out of new regional trade blocs – the Trans-Pacific Partnership, the Atlantic Alliance, the negotiations on a Regional Comprehensive Economic Partnership in Asia, the ones on a Transatlantic Trade & Investment Partnership between the US and the EU, along with negotiations on FTAs between China and the US and China and the EU. At the same time, nobody believes anymore that a new global trade deal can be achieved after the failure of the Doha Round.
• What are the implications of the emerging new trade structures and how corporations and governments need to prepare for them?
• Who will be the winners and who will be the losers?
Rita Teotia, Commerce Secretary, Ministry of Commerce and Industry, Government of India (TBC)
Bozkurt Aran, Ambassador; Permanent Representative of Turkey to the WTO; Director of Trade Studies, TEPAV; Board Member, Şişecam, Turkey
Pradeep Mehta, Secretary General, Consumer Unity & Trust Society (CUTS), India
Lisa Robins, Vice Chair, Corporate and Investment Bank for Asia Pacific & Head of Global Transaction Banking in APAC, Deutsche Bank, USA
Kevin Rudd, President, Asia Society Policy Institute and Former Prime Minister of Australia, Australia
Chaired by:
Jyotiraditya Scindia, Member of Parliament, Lok Sabha and former Minister of State for Commerce and Industry, Government of India

 

13:00-14:30
Shah Jehan Hall

 

Plenary Luncheon (Hosted by the Ambuja Neotia Group)

A riskier geopolitical environment and its impact on the global economy

Shashi Tharoor, Member of Parliament and Chairman of the Parliamentary Standing Committee on External Affairs, India
Frank Wisner, International Affairs Advisor, Squire Patton Boggs and former Ambassador of US to India, USA
Yaşar Yakış, Former Minister of Foreign Affairs and President, STRATİM, Turkey
Chaired by:
S K Lambah, Chairman, Ananta Aspen Centre and Former Special Envoy of the Prime Minister of India
Welcome note:
Harshavardhan Neotia, Chairman, Ambuja Neotia Group, India

 

14:45-16:00
Shah Jehan Hall

 

Leveraging ICT to leapfrog economic development: This is just the beginning…

• How the Internet of things is creating new businesses – and new business models?
• The ICT road to higher productivity
• Integrating millions more of economic players and consumers
• Creating clusters between academia and business
Soumitra Dutta, Anne and Elmer Lindseth Dean and Professor of Management Samuel Curtis Johnson Graduate School of Management, Cornell University, USA
Atul Jain, Chief Operating Officer, Smart Electronic Business, LeEco India
Joydeep Mukherji, Chief Financial Officer and VP-Operations, iMerit Technology Services, India
Tan Chin Nam, Senior Corporate Adviser and Former Permanent Secretary, Singapore
Chaired by:
S Ramadorai, Chairman, National Skill Development Agency, India

 

16:00-16:30
Mumtaz Hall

Tea break

16:30-17:45
Shah Jehan Hall

 

Plenary Session

How will the US Economy impact Emerging Markets in the coming period?

Nelson Cunningham, President and Co-Founder, McLarty Associates, USA
Kenneth I. Juster, Managing Director, Global Public Policy and ESG, Warburg Pincus, USA
Rakesh Mohan, Distinguished Fellow, Brookings India, India
Nicholas Stern, IG Patel Chair of Economics and Government, London School Economics and Political Science, UK
Chaired by:
Soumitra Dutta, Anne and Elmer Lindseth Dean and Professor of Management Samuel Curtis Johnson Graduate School of Management, Cornell University, USA

 

7A
18:00-19:15
Shah Jehan Hall

 

Emerging Economies need much more infrastructure development: How to plug the capabilities gap?

Investment in infrastructure has proven to be the most efficient economic and growth booster for emerging markets but the gap between needs and available resources keeps widening. A renewed priority on infrastructure investment would be a major factor in broadening the industrial sector and getting back to a higher growth pace.
• What could be the role of the Asian Infrastructure Investment Bank and will it be able to cooperate with the World Bank activities?
• What would be needed to increase the role of institutional investors?
• Creating innovative financing packages.
Keynote speaker:
Suresh Prabhu, Minister of Railways, Government of India – (TBC)
Chandan Chowdhury, Managing Director, Dassault Systems India Pvt, India
Jacques Demers, Managing Partner, Agawa Partners, New York
Memduh Karakullukçu, Vice Chairman and President Global Relations Forum, Turkey
Chaired by:
Rakesh Bharti Mittal, Director, Bharti Airtel Ltd, India

 

19:15-19:45
Mumtaz Hall

Cocktails

19:45-21:30
Shah Jehan Hall

 

Opening Dinner (Hosted by Godrej & Boyce Manufacturing Company Limited)
Keynote speaker:
Tharman Shanmugaratnam, Deputy Prime Minister of Singapore
Guest of Honour:
Piyush Goyal, Minister of State for Power, Coal and New & Renewable Energy, Government of India
Welcome by:
Jamshyd Godrej, Chairman of the Board of Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, India
Vote of Thanks by:
N K Singh, Chairman, Steering Committee, The Growth Net Summit, Senior Member, Bharatiya Janata Party (BJP) and former Member of Parliament, Rajya Sbha, India
Launch of “ India – Singapore Commemorative Book” by: Tharman Shanmugaratnam and Piyush Goyal
Book Introduction by the editors:
Tan Tai Yong, Executive Vice President (Academic Affairs) Yale – NUS College, Member, Management Board, Institute of South Asian Studies (ISAS) National University of Singapore
A K Bhattacharya, Editor, Business Standard

 

9A
08:30 – 09-30
Mumtaz Hall
Sign up breakfast

Addressing India’s challenge with tax predictability

A discussion with:
V Anandarajan, Joint Secretary, Tax Policy and Legislation, Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of India
Pragya S Saksena, Joint Secretary, Tax Policy and Legislation, Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of India
Chaired by:
Stephen E. Biegun, Vice President, International Governmental Affairs, Ford Motor Company, USA

 

9B
08:30 – 09-30
Jehangir Hall
Sign up breakfast

Figuring out India’s Capital Market Regulations and Policies

A discussion with:
Ashish Kumar Chauhan, Managing Director and Chief Executive Officer, Bombay Stock Exchange (BSE), India
Chaired by:
Tarun Das, Founding Trustee, Ananta Centre and Former Chief Mentor, Confederation of Indian Industry (CII)

 

09:45-11:00
Shah Jehan Hall

 

Plenary Session

How could Japan play a bigger role in the expansion of emerging markets?

Japanese companies are investing more and more in faster growing Emerging Market countries – especially but not only in ASEAN countries. How are Japanese corporations looking at their increasing involvement in a number of these Emerging Market countries? In what ways what happens with Abenomics will impact positively or negatively on prospects for this group of countries? How could/should Japan play a bigger role as a partner in the economic expansion of these countries?
R C Bhargava, Chairman, Maruti Suzuki India Limited, India
Toshiyuki Shiga, Vice Chairman, Co-Chair of Asia/Middle East-Japan Relations Committee, Keizai Doyukai & Vice-Chairman of Nissan Motor Co. Ltd
Tomohiko Taniguchi, Special Advisor to the Cabinet of Prime Minister Shinzo Abe, Japan
Chaired by:
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland

 

11:00-11:30
Shah Jehan Hall

Tea Break

11A
11:30-12:45
Mumtaz Hall
Debate on the future of new growth countries

From exaggerated euphoria to exaggerated gloom: Assessing the fundamentals about Emerging Markets

• On which fundamentals can the most dynamic New Growth Countries rely to sustain growth?
• What needs to be done to increase the resilience of these economies, from strengthening economic and political governance to creating the conditions to promote entrepreneurship and SMEs?
Shankar Acharya, Honorary Professor, Indian Council for Research on International Economic Relations (ICRIER), India
Joseph Klafter, President, Tel Aviv University, Israel
Alexandre Zeller, Chairman, SIX, Switzerland
Chaired by:
Marshall Bouton, Senior Fellow, Asia Society Policy Institute, the US

 

11B
11:30-12:45
Jehangir Hall

The emerging consuming middle class: Withstanding the cyclical challenges better than one could think…

Despite the economic slowdown in almost all Emerging Market countries, an emerging middle class is increasingly making its presence and impact felt, and domestic consumption continues to grow at a respectable rate. Prospects for expanding consumption in almost every country remain quite promising, sustained by the rise of the middle class in these countries and expanding expectations.
• Assessing the middle class expansion over the next decade.
• E- and m-commerce as consumption drivers…and getting ever stronger.
• Focusing on the fast evolving tastes and expectations of consumers in emerging markets.
• How the smartphone is changing the consumption paradigm in the new growth countries.
• The new category of affluent and young consumers.
Woosuk Kenneth Choi, Deputy Executive Editor, Chosun Ilbo Group, Republic of Korea
An Hodgson, Author & Researcher, Euromonitor International
Manu Kumar Jain, Head India, Xiaomi, China
Rajan Navani, Vice Chairman & Managing Director, Jetline Group of Companies, India
Chaired by:
Radhika Shapoorjee, President, Hill+Knowlton Strategies, South Asia, India

 

12:45-14:15
Shah Jehan Hall

 

Plenary Luncheon (Hosted by Ministry of Finance, Government of India)

Doing what it takes to be on the winning side in the competition for FDI

• As most Emerging Markets – new growth – countries have experienced a decline of FDI in 2015 – with the exception of India, Indonesia and a few other countries – what would it take to reverse this trend?
• How to reinforce the stability, predictability and growth prospects that Foreign Direct Investors look for?
• How to make the growing differentiation among different Emerging Market countries work in favor of potentially promising performers?
Keynote speaker:
Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India
Banmali Agrawala, President and Chief Executive Officer, GE South Asia, India
Helen Cai, Managing Director, Investment Banking Division, CICC, China
Nicholas Stern, IG Patel Chair of Economics and Government, London School Economics and Political Science, UK
Ralph Voltmer, Senior Partner, Covington & Burling, USA
Chaired by:
Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), India

 

14:30-15:45
Shah Jehan Hall

 

Plenary session

How will ‘Digital India’ and ‘Make in India’ help meet India’s growth challenges?

The “Make in India” initiative launched by PM Modi reflects the country’s priority need to enlarge its industrial base significantly, as a prerequisite to achieve higher growth and employment levels. At the same time, as the world gets into a new technology era, the Digital India Initiative is as crucial in improving governance and the people access to government services through the creation of a digital infrastructure, the expansion of digital literacy and the digital delivery of services.
• How could the combination and cumulative impact of these two initiatives work to put India on a much higher growth path?
• What are the key prerequisites for ensuring the joint success of these two initiatives?
• Are there any significant milestones which would allow to monitor and measure where these initiatives are going?
Mukesh Aghi, President of the U.S.-India Business Council (USIBC), USA
Stephen E. Biegun, Corporate officer and Vice President of International Governmental Affairs for Ford Motor Company, USA
Ram Sewak Sharma, Chairman, Telecom Regulatory Authority of India (TRAI)
Chaired by:
Tarun Das, Founding Trustee, Ananta Centre and Former Chief Mentor, Confederation of Indian Industry (CII)

 

15:45-16:15
Mumtaz Hall

Tea Break

16:15-17:30
Shah Jehan Hall

 

Plenary session

What China slowdown and restructuring means for the world economy prospects

Developments in China since last summer have much contributed to creating concerns about growth prospects in the global economy and turmoil in financial and stock markets. While the impact of the deceleration of China’s growth rate on commodities prices and on the demand of certain categories of goods is now integrated, a number of crucial questions are coming to the fore as the Beijing government tries to steer the country towards new growth models:
• Will Beijing be able to sustain growth at 6-7% while pursuing its reform agenda?
• Beyond the initial turmoil created by the developments in China’s stock and financial markets, what is the impact of China’s deceleration on the global economy?
• What could be the impact of President Xi Jinping signature initiative “One Belt One Road” intended to involve 65 countries in Asia, Central Asia and Europe?
Richard W. X. Hu, Professor, Department of Politics and Public Administration, The University of Hong Kong
Gopinath Pillai, Chairman, Institute of South Asian Studies(ISAS) and Executive Chairman of Savant Infocomm, Singapore
Claude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
Chaired by:
B J Panda, Member of Parliament, Lok Sabha, India

 

17:30-18:45
Shah Jehan Hall

 

Closing plenary

Enforcing the growth imperative: What governments and business have to do to make of high growth THE national priority

• The priority of strong productivity growth in fighting back a decline of the trend growth rate in many new growth countries.
• Ensuring that the corporate sector accelerate the integration and leveraging of technology.
• Putting a premium on skills generation.
• Focusing government policies towards the elimination of economic bottlenecks.
Keynote speaker:
Jayant Sinha, Minister of State for Finance, Government of India (TBC)
Toshiyuki Shiga, Vice Chairman, Co-Chair of Asia/Middle East – Japan Relations Committee, Keizai Doyukai & Vice-Chairman of Nissan Motor Co. Ltd, Japan
Vipin Sondhi, MD & CEO, JCB India Limited, India
Shane Tedjarati, President, Global High Growth Regions, Honeywell, India
Chaired by:
Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank, India

 

18:45-19:30
Mumtaz Hall

Cocktails

19:30-21:00
Shah Jehan Hall

 

Closing Dinner (Hosted by Ministry of External Affairs, Government of India)
Diplomacy for higher growth
Keynote speaker:
S Jaishankar, Foreign Secretary, Government of India
Co-Chairs:
N K Singh, Chairman, Steering Committee, The Growth Net Summit; Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, India