Global Business Summit 2023 Updates

Nitin Gadkari, Minister of Road Transport and Highways, Government of India

Presently we are the fastest growing economy in the world. for any economic development infrastructure development is important

Rajat Jain, Founder, Spandan ECG

We are in the business of saving lives. It is important to reduce the complexity of operating the ECG machines, make it affordable for the masses, and deliver our services to the least accessible areas of the country as well.

Shilpa Rao, Singer

Its not only about working with the legends, but to have this sense of dialogue where you treat everyone equal. It inspires to be human being first. It is important to treat everyone with respect that what my profession has taught me over the years.

Tilak Mehta, Founder, PapersNparcels

Innovation is considered impossible until it is done. It is important to create and innovate. Ideas are no one’s monopoly. Critical to be accustomed to the changing customer demands and transform accordingly technologically.

Nouriel Roubini, CEO, Roubini Macro Associates, LLC, Professor Emeritus (2021-present), Stern School of Business, New York University

Last year, when yields in the US went from less than 1% to 3.5%, Bonds was 20%. You have to start putting your portfolio in the portfolio assets to do well if inflation is higher. I would put money into inflation index bonds that give you a higher return desire.

Ranveer Allahbadia, Founder, BeerBiceps, Co-Founder - Monk Entertainment, Level Supermind , BigBrainco

Youtube is going to be platform of the future fame. Social media is the way to go for marketing. One of three of career trajectory you can get through Youtube is acting, production and content creation. Data is helpful in predicting the type of product that is demanded.

Dr. Stefan Kaufmann, Former Hydrogen Commissioner, German Federal Government & Advisor, ThyssenKrupp

We are investing heavily in green hydrogen for our future energy requirements as we move out of fossil fuels completely. Both the German and Indian governments are investing in it to decarbonize the economy. Now is the time to work on technological openness and build infrastructure for green hydrogen. Think big and act fast.

Meenakshi Lekhi, Minister of State for External Affairs, Government of India

For me, 2014 was a landmark year. We made certain promises and worked on delivering them. India is celebrating Amrit Kaal, i.e. 75 years of independence. We must take stock of our economic progress and of course the downsides which are unachieved. Our potential is far greater and we need to continue to work toward achieving the dream of One India, Great India.

Curt Marvis, CEO and Cofounder, QYOU Media Inc

With over 1.2 billion total mobile phone users the number of smartphone users will continue to grow, bringing an increasing number of young Indians into the digital age with many predicting one billion smartphone users in India by 2026.

Julian Nebreda, President & CEO, Fluence - A Siemens and AES Company

Energy storage unlocks the full potential of renewable energy by adding flexible capacity.

Francois Ortalo-Magne, Dean and CEO, London Business School

What I don't see in this future world, is who is going to support academic research

Quentin Staes-Polet, Managing Director, Unreal Engine, International Operations, Epic Games

Creating content is super expensive, and our objective is, as a company, to collapse that costs using collaborative technology

Dr. Vishal Rao, Inventor, AUM Voice Prosthesis

We are giving voices back to society. Today, 144 countries are reaching out to us for giving voices back. We look into scaling this globally with the support of the govt. and recognize this as a disability. In this journey, I learned that this is the time for India, to create in India for the world.

Ben Driggs, President & CEO, Global High Growth Regions, Honeywell

We are trying to address both sides of the equation of energy conservation and energy transition. Today, most businesses estimate their emissions using a variety of assumptions. However, there is no real scoreboard that actually enables us to manage improvements.

Rajeev Chandrasekhar, Minister of State for Skill Development & Entrepreneurship and Electronics & Information Technology, Government of India

The demand, for talent in the tech space both in India and abroad, is at an all-time high and that is an area that we're very, very focused on.

Shantanu Naidu, Founder, Goodfellow

Always listen to Heartache. The best ideas are in the biggest problems. Experience everything through others’ eyes.

Rosie Rios, 43rd Treasurer of the United States, CEO - Red River Associates, Board Member – Ripple

Now, when I started, there was $35 billion in US currency circulation. When I left, there was almost $2 trillion in US currency in circulation.

Karuna Nundy, Advocate at the Supreme Court of India and International Lawyer

It’s important to bring policies that serve as remedies for any kind of inequalities, and harassment be it in any form. We need to address the inequalities and bring in a balance where everyone has equal rights no matter where they are coming from.

Michael Hickinbotham, Managing Director, Hickinbotham Group

Over the last century, India's consumption, tax, and spending base has grown.

Chris Sheldrick, Co-Founder and CEO, what3words

We see India as a great place to come and develop a system outside of the UK. We have integrated our systems with Mercedes-Benz, Tata Motors, TVS, and Mahindra.

Brigadier Aveen Chopra, Army Veteran

Leadership is instilled not through reading and skill acquisition, but through actual application.

Kaivalya Vohra, Co-founder and CTO, Zepto:

When we started people said there is no requirement for a 10 minute delivery but how people think and how they behave are two different things. One thing that we have done successfully is deliver on the time we promised.

Sandeep Varaganti, CEO, JioMart.com:

Pre-Covid, offline was going at a steady state and online was growing at a very fast pace. Post-Covid growth rates of both online and offline are high and at JioMart we are offering both. Both segments will triple in the next few years. Our long-term strategy will focus on both online and offline growth."

Shivani Poddar, Co-founder & CEO, FabAlley & Indya:

Technology has let companies like ours offer limitless options to the consumer irrespective of where he or she is. The product experience is now extremely personalized and brand building has to happen online.

Sudhakar Adapa, Founder & CEO, Commerzify:

Consumers today are spoilt for choice. Predictive analytics is the next big evolution. So instead of just delivering grocery in ten minutes can we predict and deliver consumer requirements? Technology has to aid us in tackling this challenge. Today you can't say I'm just a digital or just an offline brand. You have to be where the consumer wants you. An omni-channel strategy is non-negotiable.

Dr. Linda Yueh CBE, Economist and Author, and Adjunct Professor of Economics, London Business School

OECD countries, experienced higher inflation and slower growth in the 1970s than they are today. We are looking at recessionary environment today.

Ria Mirchandani, Former Product Lead, WhatsApp Payments

It is very cool to be Indian right now. We are past the Slumdog millionaire days. From a tech perspective, we are quite leading the pack and innovating. Diversity inclusion and representation are massive, and we are embracing them in a great way today.

Angad Daryani, Founder & CEO, Praan

I push boundaries every day. The fact that we are talking about technology is driving everything today.

Karishma Mehta, CEO, Humans of Bombay

Our focus is to provide an opportunity for everyone to share their story and express themselves no matter what section of society they come from.

Sushant Divgikar - Rani (Ko-HE-Nur), Actor/Singer/Influencer/Social Activist

When we talk about inclusion, we have a vast culture. It has a place for every kind of human. We as transgender now have an opportunity to express ourselves and KoHEnur is for such people who want to express and change the norms of society.

Deepika Warrier, Chief Marketing Officer, Diageo India

I think everyone needs to overcome a lot of uncertainties and that is the first step. Walkers&Co aims to provide a platform for that kind of creators who are eager to express themselves, and also where equal representation matters.

Nandita Das, Actor, Director & Activist

It is important to understand intellectually. No one really teaches us to be empathetic and decompassionate. Identity is something we all are talking about. It is critical to be compassionate and catch up with stories that challenge the norms of society.

Shweta Jain, Chief Business Development Officer, Luxury & Craft, Diageo India, Co-Founder, Walkers&Co

It’s important to push boundaries. Representation is important and so is diversity inclusion a vital factor. Diageo has created Walker&Co platform to inspire the next generation of creators.

Alexander MacDonald, Chief Economist, NASA in conversation with Dr Kiran Karnik – Author, and former President NASSCOM

In 2021, we witnessed around $15 billion of investment coming from private venture capital and private equity, but in 2022 we actually had about $6 billion, which is a 60% decrease in private sector investment.

Carl Pei, CEO & Co-founder, Nothing in conversation with Ajaya Sharma, Senior Editor- Markets, Anchor at Times Network

I think design is more of a strategic question because, as a young company with not a lot of resources, we have to differentiate ourselves somehow, right, and design is the lowest-hanging fruit.

Kapil Mahajan, Global Chief Information and Technology Officer, Allcargo Group

Our focus is on building predictive models that can direct the business to become more efficient. The change has to come from the business side. It's not always technology driven, it is driven by how consumers are responding.

Velina Tchakarova, Director of the Austrian Institute for European and Security Policy (AIES) and Founder of FACE for A Conscious Experience, Vienna, Austria.

As we first approach the first anniversary of the Russia-Ukraine war, it is critical to examine the consequences.

Sudha Reddy, Director, MEIL, Founder & Chairperson of Sudha Reddy Foundation

The challenges faced by women in Indian society are self-explanatory. I have developed skills that have helped me navigate through the challenges and make a mark in the industry. I believe in never stop learning and challenging myself.

Ritu Beri, Fashion designer

It’s not a gender thing but more of a personal thing. When I started in 1990, as a designer for a long time my peers would relate my success to my looks. We as women, need to empower ourselves and make our voices heard at workplaces as well as a homemaker.

Arundhati Bhattacharya, Chairperson & CEO, Salesforce India

There is a big opportunity to ensure balance. I think it’s a long journey. On that journey, it is important to involve all stakeholders be they, women, or men. The balance is important.

Rekha Sharma, Chairperson, National Commission for Women

I would not say the shift in power but women demanding their rightful rights. When we talk about a power shift, power doesn’t mean going to work, it means even if she is earning or being home, she has a say and make a choice of her own. But this is changing as the mindset is evolving. This is a real shift in power change.

Her Royal Highness Shaikha Jawaher Bint Khalifa Al Khalifa, Member of Royal Family of Bahrain, Founder & Chairperson, Green Aventurine Holding L.L.C FZ

Women empowerment has a lot of different meanings and perspectives. I personally feel every household is empowered by a woman and that’s where it all started.

Ashwini Vaishnaw, Minister of Railways, Communications and Electronics & Information Technology, Government of India

Logistics, commerce, and credit is going to be a major, major focus in 2023

Jacek Olczak, CEO, Philip Morris International

More than $10 billion has been invested in the resulting data, opinions, and commercializing research on our heated tobacco products and flows at non-clinical chemistry and current status, as well as over 400 peer-reviewed publications, book chapters, and supplements.

Here's what H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy, said on "India – UAE CEPA" at The Economic Times Global Business Summit 2023.

H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy

UAE – India CEPA is India’s first bilateral deal with a country in the MENA region. The India – UAE CEPA is also the UDAE’s first-ever bilateral deal and the deal was sealed in a record short time of 88 days.

Anita Williams Woolley, Associate Dean, Research; Professor of Organizational Behavior and Theory, Tepper School of Business

To identify key concepts that have driven the effectiveness of organizations for decades, we're now seeing growth in information and connectivity and complexity, that are really demanding that structure organizations to be better able to adapt and to accomplish a wide variety of goals in contrast to times in the past, where we would structure an organization to accomplish very specific goals.