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LIVE Updates | India Economic Summit 2011

LIVE Updates | India Economic Summit 2011
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First Published: Sun, Nov 13 2011. 01 55 PM IST

Commerce and industry minister Anand Sharma attends the opening plenary session of the World Economic Forum (WEF) India Economic Summit in Mumbai. (Reuters photo)
Commerce and industry minister Anand Sharma attends the opening plenary session of the World Economic Forum (WEF) India Economic Summit in Mumbai. (Reuters photo)
Updated: Sun, Nov 13 2011. 01 55 PM IST
World Economic Forum
Anand Sharma says | Job creation is Govt’s priority
Commerce and industry minister Anand Sharma attends the opening plenary session of the World Economic Forum (WEF) India Economic Summit in Mumbai. (Reuters photo)
We cannot be complacent about growth
• Need to regulate market to curb over-speculation
• G-20 is an inclusive platform
• Have been able to sustain growth rates
• Need faster reforms at IMF, World Bank
• • •
Adi Godrej says | India clearly affected by Europe crisis
• India affected on account of policy issues
• Godrej industry expects to grow over 10 times in 10 years
• • •
Chanda Kochhar says | Banking sector catalyst of India’s growth
• Bankers pay packets in India are reasonable
• High inflation has to be tackled by increasing supply
• India’s financial system is quite open
• Inflation, exchange rates a major concern
• India banking sector remained resilient in 2008 crisis
• • •
Mukesh Ambani says | A change in demographic mindset of India Inc
• Need to regulate markets to curb over speculation
• India a land of billion opportunities, not problem
• India Inc realizing value of shared value concept
• • •
Sam Pitroda says | India electronics import bill could surpass oil
• We have lost all of the electronics manufacturing base, whatever little we had
• We need a foundry, we need ecosystems ... we need indigenization, we need our own products
• • •
Prithviraj Chavan says | Financial crisis repeating often a matter of worry
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First Published: Sun, Nov 13 2011. 01 55 PM IST