Interactive Session on “Foreign Direct Investment – Taking the Agenda Forward”
On 3rd August, an interactive session was organized on “Foreign Direct Investment- Taking the Agenda Forward” in association with BBG, EBG and knowledge partners Deloitte & KPMG. The keynote address was delivered by Mr. Ramesh Abhishek, Secretary, DIPP in the inaugural session, which also included a theme presentation by Mr. Richard Rekhy, Vice Chairman, AmCham India and CEO KPMG. Mr. Atul Dhawan, Honorary Treasurer, AmCham and Regional Managing Partner, Deloitte, in his welcome address, spoke about the significance of viable eco-systems that inspire investors’ confidence and promote ease-of-doing-business for existing and potential foreign investors. Ms. Kaku Nakhate, Board Member, AmCham India and President & Country Head, Bank of America, contributed a presentation from a banker’s perspective covering aspects of how the country is poised for milestone growth targets which will have to be propelled by huge spurts of investments across key priority sectors coming from within and outside of India.
Two panel discussions followed which covered the overall developments and recent relaxations in sectors of aviation, defense, retail and manufacturing. Companies such as KPMG, Deloitte, Boeing, Walmart, International Paper, Timken and Ikea were represented in these sectors. Mr. Ishtiyaque Ahmed, Director, DIPP, and Mr. Deepak Bagla, Managing Director & CEO, Invest India, talked about the government initiatives and policy changes, and also interacted with participants on the challenges and way forward.