B.V.U. PUNE

A.K.I.M.S.S., SOLAPUR.

Presentation on,

“Synopsis of, INDIA ECONOMIC SUMMIT2006.” ( (26Nov—29Nov, New Delhi.)

Presented by;

Vallabh kulkarni

Jayraj Kothawale.

MBA-I

OBJECTIVES

Theme, “India:Meeting new Expectations.

Emphasis on role of State Govt, & publlic-private partenership.

To give India, “Higher Global Profile”.

Increase Economic growth of India from 8%.

To adopt changing political, economic& consumer expectations.

Infrastructure Development for Industries.

Increase in FDI.

• Government will Fund INNOVATIONS. Kapil Sibal (Science Minister.)

Govt. announces public fund for innovative idea in forthcoming budget 2006-07.STRUCTURE- 30%given as license fees or patent fees,30% for funding project, 40%for institute where research takes place.Govt. provide Rs.5million to fund innovative ideas,& Rs.10 crore to commercialize idea.Special emphasis on to create ecosystem & ecofriendly fuel/power.Collaboration with various countries to provide resources for fast moving sector.Govt fund to universities & special package for faculties.

INDIA NOW A GLOBAL INFOTECH HUB.

INDIA NOW A GLOBAL INFOTECH HUB.

-Shakeel Ahmed,Minister of commu,& IT.

Education & Health facilities to rural through Broadband.Skill training & Creation of entrepreneurship help to Decrease Unemployment.

By 2020 India will need 50 million working age population.Govt concentrates on Primary & Higher Education.

Support E-governance.

India develop more sophisticated trade negotiations & Investment for developing skill of population.

IT sector will generate employment & crate huge market.

GODREJ EYES ON TAKEOVER FORIGN CO.

Expand business in China ,Brazil & African countriesLike Nigeria.

Expansion through Acquisition.

Hair color & household Products.

Godrej already acquired companies in UK & South Africa.

25% revenue come from foreign business on FMCG products.

Develop 20 million Square feet property in Maharashtra,Hydra bad & Bang lore.

INDIA ON A EVE OF RETAIL REVOULITION.

-MUKESH AMBANI

Retail given growth in economy & increase purchasing Power.

Will create employment opportunities of 1 to 2 millionPer year in next decades.

Enhance purchasing power of bottom level people.“Farm to Fork” concept.

Future plan to target 793 cities which population of 50,000 people.

Partnership with Small shopkeepers.

INDIAN TRIO MAY JOIN 10 MOSTVALUED IT FIRMS IN GLOBAL.

-Azim Premji

At present Infosys, Tata consultancy,& Wipro ranks 16-17Companies in global market.

At present in global Market capitalization of Infosys is$29 billion, & Wipro is $52 billion on share prices on BSE.

Companies growth rate is booming.

Trio may soon join in list of 10 most valued IT firms in Global in next 2 to 3 years.

INDIA FIGHT AGAINST TUBERCULOSI (TB)

Daily 1000 people die due to TB.

Tie up of The India Business Alliance(IBA) & World Health Organisation(WHO) to control TB.

TATA group, Reliance Industries & Jubilant organics leading the way.

Another 29 Indian companies joined the force in program of Revised National TB Control Program (RNTCP).

Will encourage more companies to join the hand to fight against TB.

OTHER BULLETINS:- Govt. will reduce Direct & Indirect taxes in next budget.

Bicon may invest $10 million in India trough arthistic drug.Gas sector will give boom to Indian Economy to 2010. -Mukesh Ambani.

Indian Companies should focus on competitiveness. -R. seshasayee.

Sab Millor to invest $125 million in India.

More equality in Indo-US ties needed. -Prime Minister.

Deeper debt market needed.

ENTREPRENEUR OF THE YEAR 2006.

Entrepreneur of the year:- -Tulsi Tanti, Chairman , Suzlon Energy.

Lifetime Achievement Award:- -Karsanbhai patel, Chairman Nirma Ltd,

E.O.Y. in Manufacturing Category:--Anil Agarwal, Exe. Chairman, Vedant Resources.

E.O.Y. in Service Category:--Kishor Biyani. CEO&MD, pantaloon Retail India

Ltd;

E.O.Y. for Business Transformation:--Jigesh Shah, MD Financial Tech. Ltd.

E.O.Y. in Info. Commu., & Entertainment Category:--Girish Agarwal, Director,writer & publisher,Dainik

Bhaskar Group.

Manager Entrepreneur of the year Award:- -S. Ramadorai, CEO TATA consulatancy

Start-Up Entrepreneur of the year:-Vikram Akula, Founder& CEO, SKS Microfiances.