Enhancing India’s Competitiveness

Note from the President and CEO

Dear Colleagues,

We at India Council on Competitiveness are committed to see India grow and enhance its prosperity. In our efforts to deepen the narrative on competitiveness, we have conducted deliberations, discussions and debates. Through these, we have put the focus on key issues, challenges and opportunities faced by India. Some of the engagements that we did last month are as follows

  1. Sustainability Summit
    Sustainability Summit: Creating Social Impact through Corporate Efforts was organized on May 7, 2015 at The Leela, Gurgaon. The Council conducted the session in association with Institute for Competitiveness, Environmental Defense Fund (EDF), Fair Climate Network (FCN), Roland Berger, India Council on Competitiveness and SoulAce. Ashok Kumar Pavadia (Adviser & Additional Secretary, Inter State Council Secretariat, Ministry of Home Affairs) delivered a keynote at the session. It was followed by a very intriguing talk by Dr. Nipun Vinayak (Deputy Secretary, Ministry of Drinking Water & Sanitation, Government of India) who is passionately working on the issue of open defecation. The summit was designed as a platform to deliberate on the CSR and Sustainability issues crucial to organizations from the perspective of implementation challenges, solutions and opportunities. Some of the discussion leaders who shared their views on sustainability were Pranshu Singhal (Head of Sustainability, Microsoft India), Deepak Arora (CEO, Essar Foundation), Deepa Menon (Sr. VP – CSR & Corp Communication, PVR Ltd.), Suresh Reddy (Director, SRF Foundation), Subhrangshu Neogi (Director – Marketing & Brand, Religare Enterprise Ltd.), Neerja Singh (Group Executive VP, Responsible Banking, YES Bank) and Ganesh Tripathy (Chief Sustainability Officer, Jubilant Life Sciences). They discussed  how corporates can be a catalyst in working on environmental issues, in partnerships for successful CSR implementation, and in having a management approach to CSR.
  2. Interaction with The United States International Trade Commission
    The United States International Trade Commission (USITC) delegation led by Ms. Laura Bloodgood and Mr. David Coffin met the members of the Council on May 13 in Gurgaon. The delegation discussed about how India’s trade and investment climate has changed under Prime Minister Modi’s administration. The meeting had dialogues around how India’s trade and investment policies are affecting bilateral trade and investment.
  3. Shared Value Initiative India
    Shared Value Initiative India (SVII) was announced as a regional partner of the global Shared Value Initiative (www.sharedvalue.org) at the Shared Value Summit held in New York on May 12. The Shared Value Initiative is a global community of leaders who find business opportunities in societal challenges. The Initiative was announced as a Commitment to Action for the Clinton Global Initiative Annual Meeting in 2012. In attendance and there to confer the partnership were industry stalwarts including Michael E. Porter, Bishop William Lawrence University Professor at Harvard Business School; Wilfried Aulbur Managing Partner & CEO, India, Chairman Middle East, Head Automotive Asia at Roland Berger Strategy Consultants; and Mark Kramer, co-founder and Managing Director of FSG, a nonprofit consulting firm established in 2000 and specializing in strategy, evaluation, and research, among others. SVII wants to tackle the underserved needs of society by engaging partners who have the capacity to create new inclusive business opportunities around social and economic challenges. The initiative would provide a platform for knowledge, experience, research, and thoughts of global leaders and organizations that have embraced shared value thinking and practice within their organizations, to be shared. (http://sharedvalue.org/groups/new-regional-partner-shared-value-initiative-india)
The above activities have added value to existing dialogues on the state of our society and also clearly defined outcomes.

We welcome you to become an active participant of the ongoing debates by getting associated with the India Council on Competitiveness. To explore the memberships details, either write to me or visit the following link: http://compete.org.in/membership/

Look forward to hearing from you.

Regards

Amit Kapoor
President and CEO
India Council on Competitiveness

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