Annual National Business Summit, 'Building India Inc', Successfully Concludes at DMS, IIT-D

Annual National Business Summit, 'Building India Inc', Successfully Concludes at DMS, IIT Delhi
Post-event Press-release

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The next speaker, Mr. Arun Bhalla, presented his views on the 'Clean Technology Revolution'. He illustrated the growing use of renewable energy resources and how in an effort to clean up our planet, most countries today were moving away from fossil fuel based

economies to those based on alternate energy sources. He stated that India the Smart Grid with its network similar to the Internet was the way to go in power distribution. In terms of popularizing renewable energy resources, India still had a long way to go to catch up with the rest of the world.

Dr. K. V. Damodharan was the last speaker of the session. He presented a highly analytical perception of 'Infrastructure in Telecom Networks'. Touching upon the challenges faced by the telecom industry such as the digital divide and creation of sustainable infrastructure, he proceeded to provide a very articulate and insightful account of all the measures being taken by the government to implement the infrastructure required for the telecom industry.

The second session was a Conclave to discuss "Politics & Business: A Bitter Cocktail", and it turned out to be an interesting rendezvous between intelligentsia, and focused on contemporary issues of Indian politics, business and media. It made the audience ponder if there is a brighter side to this combustible amalgam!

The session was inaugurated by Prof. R. K. Baisya, who is a highly eminent and renowned professor at Department of Management Studies, IIT Delhi. He has an industry experience of more than 28 years, and has served as the President & CEO of Emami Group of Companies. He began by saying that there is a joint interest of politics and business that makes them come together in the first place. He said there was a need to create better infrastructure which also includes social infrastructure as it lays foundation for a sturdy nation. Politicians and businessmen are dependent on each other for various reasons. Politics needs business to adapt to changing environs, to enhance development, to perpetuate power and fund elections. Business needs politics to gain an extra edge and for sustainability and credibility. It is the politician who mobilizes public opinion and that is what makes him strong. According to him, the key issue in today's scenario of globalisation is what kind of relationship politics and business share. With this, he threw the topic open for discussion.

He was joined in by Mr. Pavan Chaudhary, CEO, Vygon India, who has authored books such as 'RX Factor' and 'When You Are Sinking, Become A Submarine', and has recently come up with an audio trilogy of wisdom (Chanakya's Political, Confucius' Social and Kabir's Spiritual); Mr. Josey P. John, National Corporate Director, Mint, who has worked with the Financial Express, Business Week, The Daily Deal, Reuters, The Economic Times and Business Standard; Mr. Rajeev Karwal, Founder & CEO, Milagrow and Ex-CEO of Electrolux and Kelvinator; and Mr. Rohit Mahajan, CEO Saviance Technologies.

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Contributed by -
Richa Gulati,
Member, Industrial Interaction Committee,
Department of Management Studies, IIT Delhi.

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