Economy

“Once upon a time, Gujarat was the gateway to the Globe from India. Now it is becoming the Global Gateway to India. Gujarat welcomes you through open arms with this event which has grown far beyond the boundaries of Gujarat” Words resonated all over the world through Narendra Modi, the Chief Minister of Gujarat. On one hand he is declared as the best chief minister of the country twice, multiple adjectives are used by the first citizens of different countries to eulogies, and recently pronounced as the King of Kings. Many see him today as the next Prime Minister in ...

Mritunjay Kumar reports on this year’s Pravasi Bharatiya Divas, which focuses on Gulf NRIs who constitute the lion’s share of the 25-million-strong Indian diaspora, and account for the 27% of nearly $70 billion remittance that India receives annually Pravasi Bharatiya Divas (PBD) is celebrated on 9th January every year to mark the contribution of Overseas Indian community in India’s development of India. This year, the 11th PBD convention was held in Kochi, Kerala, to honour the contribution of Overseas Indian community in the nation’s development. Over 2,000 delegates from over 40 countries participated on the occasion. The conference had for ...

Fact or Fallacy Bikram Vohra explains how empowering NRIs can help them evolve as ambassadors at large The relationship between the non-resident Indian and the home country has always been a tad ambivalent. On the one side, NRI feels he is a bit done in by the attitude of the private sector, the media and even the red tapes that snarl the public sector, which suggests that nearly 30 million of us ran away for our creature comforts and should pay a sort of price for it. By the same token there are enough Indians who add to the chasm ...

After the success of regional PBDs in New York (2007), Thereafter, Singapore (2008), The Hague (2009), Durban (2010) and Toronto (2011) have hosted regional PBD convention, This year Ministry of overseas Indian Affairs (MoIA) organized 6th Regional Pravasi Bharatiya Divas, Mauritius. The 6th Regional Pravasi Bharatiya Divas (PBD) Convention was held in Mauritius on october 27-28, 2012. Regional PBDs are organized by the Ministry of overseas Indian Affairs (MoIA), Government of India in collaboration with the host Government, the concerned Indian Mission and organizations catering to the needs of the Indian diaspora. They serve the objective of reaching out to ...

GLOBAL INDIAN BUSINESS MEET BY NGI FOUNDATION CONCLUDES IN NEW YORK AMIDST HOPE IN INDIAN ECONOMY. A REPORT BY MRITUNJAY KUMAR “Do not change the cultural identity of your team members in a cosmopolitan business setting, but rather create a business identity of the company, and never go into micro-managing the affairs from the top,” noted Ajit Minocha, the CEO of Global Foundries in the inaugural session of the Global Indian Business Meet 2012 opening on Friday, September 21, 2012, at Marriott Marquis, Manhattan. The Global Chair of The Indus Entrepreneurs (TiE), world’s largest network of entrepreneurs, Ashok Rao, outlined ...

Mauritius President Rajkeswur Purryag will be the chief guest at the Eleventh overseas Indians meet to be held at Kochi in January next, Minister for Overseas Indian Affairs Vayalar Ravi said recently in a press conference. Unveiling the website www.pbd-india.com for the 2013 Pravasi Bharatiya Divas (PBD), Ravi said Purryag will be among the prominent overseas Indians attending the meet, which will focus on ‘Engaging Diaspora: The Indian Growth Story’. The 11th edition of the Pravasi Bharatiya Divas (PBD) Convention will be held in Kochi, Kerala from 7-9th January 2013 at Le Meridien Hotel. ...

You are stupid if you are not in Gujarat,’ Tata Group Chairman Ratan Tata had famously said, while announcing the shifting of the Nano plant to the state. Going by the rush of investors to the state, it seems none wants to be left behind, write Prof Pravin Sheth and Dr Pradeep Mallik. ...

Venue: Maurya Hotel, Patna, Capital of Bihar Date: February 17-19 Six plenary sessions and 11 workshops, spread across five medium and small conference halls in the three-star hotel, attracted 175 delegates from 24 countries, who deliberated on how to accelerate Bihar’s development in all walks of life. Global Bihar Summit – Inaugural Session   Visiting Nepalese PM Dr Baburam Bhattarai, who led a 17-member delegation, inaugurated the session in capital of Bihar. During his hour-long speech, he showed keen interest in strengthening ties with India, particularly with Bihar, which has a sprawling land-locked border with Nepal. He called for a ...

Introduction Like every year, OIFC (Overseas Indian Facilitation Centre) proved their mettle this year as well by organizing B2B meetings on the 6th Market Place at Pravasi Bhartiya Divas. The OIFC Market Place has been developed as a premier business networking forum for the PBD delegates to facilitate the expansion of their economic linkages with India, and encompasses the setting up of business meetings of PBD delegates with OIFC’s state and knowledge partners that match buyers and suppliers, through a pre-event schedules. The Market Place was presented as an exclusive meeting place cum information centre for all the delegates to ...

Is there any commonality between the state of Rajasthan, California, Nevada, Colorado and Arizona? The answer is YES. It may not be in terms of culture or language, but it is similar in one respect— the state is endowed with 300 to 330 clear sunny days. Studies have shown that solar radiation in the state is comparable to deserts of California, Nevada, Colorado and Arizona. The dry hot weather in summer may make people uncomfortable but the same factor augurs well for those industries which are keen to set up solar industries in this state and generate solar energy in ...