Business conference on 'India Unleashed' in NY

Wednesday, 04 April 2007, 17:30 IST
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New York: Prominent entrepreneurs, scholars politicians, and innovators intimately involved in the continued social, economic and political evolution of India will come together at an annual conference on "India Unleashed" here Friday. Featured speakers include Arun Shourie, former Indian Minister for disinvestment; Shashi Tharoor, former Under Secretary General of the United Nations; Ronen Sen, India's ambassador to the US; Frank Wisner, former ambassador of U.S. to India and Sanjiv Ahruja, CEO of global telecom giant Orange. Panel discussions at the Third Annual India Business Conference will explore the country's rapidly growing real estate market; the growth of capital markets and proliferation of India-focused funds; the interest by private equity investors; and the challenges faced by Indian with its infrastructure. Other speakers will explore entrepreneurship within the country and how Indian companies are increasingly successful at building globally renowned brands. More than 500 attendees are expected for "India Unleashed", organized by South Asia Business Association of Columbia Business School, considered among the top business schools in the world. U.S.-India Business Council (USIBC), an advocacy organization representing over 250 of the largest U.S. companies investing in India and global Indian companies, backs the event. A USIBC backgrounder noted that in the 15 years since legislative reform, India has truly been unleashed. India's economy has been growing at 8 percent annually and attracted $7 billion a year in foreign direct investment. Indian companies are also active in acquisitions in the raw materials, pharmaceutical, and retail sectors, and the success of India's information technology sector has been well documented.
Source: IANS