Enhancing India’s Competitiveness

Note from the President and CEO

Dear Colleagues,

It is a pleasure for me to share that the Council has been proactive and committed in working towards its mission to set a growth agenda to enhance India’s competitiveness. We have continued in our efforts to deepen the narrative and debate on competitiveness raising the tempo on key issues, challenges, and opportunities faced by India.

  1. Connected with international bodies
    The Council is expanding its reach to propagate the significance of India as a driving force in the global economy. In this regard, it is connecting and working with various bodies to bring a cross section of leaders from different nationalities on a common platform. The Council participated in two international events recently. The first meet was on March 23, 2015 at Mumbai with the Basque delegation, led by Minister Arantxa Tapia where the Council was invited to share its view on the development initiatives of the new government. The second event was the Cluster World Congress held in Poland from March 25-26, 2015 where dialogue was invited by the Council on the topic “The Importance of Trust in Cluster Development: Perspectives from India”.
  2. Launched e-learning modules on ‘Doing Business in India’
    Council in association with Institute for Competitiveness and European Business and Technology Center (EBTC) released e-learning modules on ‘Doing Business in India’. The modules are a broad overview of the business culture in India and are available at http://ebtc.eu/index.php/knowledge-centre/e-learning/doing-business-in-india
  3. Organized thought leadership sessions
    A session was organized on April 6, 2015 at Taj Lands End, Mumbai in association with Roland Berger Thinkers, Business Insider, etc. The session started with a talk by Navi Radjou and Jaideep Prabhu on frugal innovation. It was followed by a panel discussion with Ranjit Shahani (Vice Chairman & MD, Novartis India), Dr. Wilfried Aulbur (Managing Partner, Roland Berger Strategy Consultants), Raja Choudhury (National Award winning Filmmaker), Sumit Sawhney (CEO & MD, Renault Group operations in India), Geetu Verma (Executive Director, Foods & Refreshment, Hindustan Unilever) and James Crabtree (Head of the Financial Times Mumbai bureau) in participation. They discussed how corporate leaders can create a frugal innovation culture in their organizations as well as in their value chains.
  4. Released a whitepaper on Frugal Innovation
    A whitepaper on frugal innovation titled ‘Frugal Innovation – Not Jugaad!” was released on April 6, 2015 by Navi Radjou and Jaideep Prabhu. The whitepaper emphasizes the relevance of frugal innovation for companies both in emerging economies as well as developed countries and was a joint effort of Roland Berger and the Council. It can be downloaded from http://compete.org.in/wp-content/uploads/2015/04/frugal-innovation-whitepaper.pdf
  5. Released ‘Thinkers’ – the Magazine
    Thinkers new issue based on the theme ‘Redefining Capitalism’ was released in Mumbai. It carries contributions from Don Tapscott, Mark Goyder, Paul Barnett, interviews with Jordan Kasslow, Christian Ketels and keynote and speeches by Michael E. Porter and Sanjiv Mehta et al. You can also subscribe to the magazine at http://www.magzter.com/IN/Institute-for-Competitiveness,-India/Thinkers/Business/

To help us drive the agenda of Council more firmly and to build a larger community, we need your support for the activities of the Council. It would help us in rolling out new initiatives, which will all contribute towards making India more competitive. For membership details, please visit us at http://compete.org.in/membership/

Look forward to working with you.

Regards,

Amit Kapoor
President and CEO
India Council on Competitiveness

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