Inaugural Edition of FICCI LEADS 2020 Launched

New Delhi: Dr Sangita Reddy, President FICCI immediately mentioned, “The Indian industry has no doubts that India will achieve faster progress, greater prosperity, and stronger development under the leadership of PM Mr Narendra Modi in the years to come.”

 

Addressing the inaugural session of ‘LEADS 2020’, a 4-day FICCI endeavour to evolve a shared imaginative and prescient amongst world leaders, to reimagine financial progress on the pillars of open economies, self-reliance, financial resilience and multilateralism, Dr Reddy mentioned that conducting enterprise will change into as a lot a ‘science’ as it’s an ‘art’ in an setting the place change is the one fixed.

 

Speaking on reimagining the world post-COVID, Dr Reddy mentioned that there was a necessity for a convergence between self-reliance and globalization, whereas sustainability and variety would stay as cornerstones of future progress. “I would like to assure our global partners that we are fully committed to ensuring a robust and resurgent future for our ‘Bharat’,” added Dr Reddy.

 

Mr Uday Shankar, Senior Vice President, FICCI mentioned, “Increasing reliance on Artificial Intelligence and Machine Learning is the need of the hour, as these will be a gateway for enhanced customer loyalty, as well as business sustainability. Governments & industry around the world have realized that business excellence, adaptability to change, gender diversity & sustainability would be key drivers for decision making towards building a resilient & smart economic framework,” he mentioned.

 

“Today leadership challenge lies in finding convergence between seemingly divergent philosophies of self-reliance and globalization,” Mr Shankar additional added.

 

HE Dr Ahmad Abdulrahman Albanna, Ambassador of United Arab Emirates to India mentioned, “The pandemic is a watershed moment for the global socio-economic order. “Going forward, the two defining factors that will shape how this crisis affects us are collective leadership and coordinated actions,” he added.

 

Mr Albanna said that COVID-19 pandemic would require important innovation, out of the field pondering and an enormous cooperative effort to attain steady and sustainable equilibrium between financial progress and social well-being, he mentioned. “We need to work towards building more inclusive leadership model at the global level,” he mentioned.

 

HE Mr Emmanuel Lenain, Ambassador of France to India, mentioned, “We are experiencing great transformations. I do agree we have a lot of challenges, but don’t think these are new. Challenges have been present all these years.”

 

HE Mr Andr? Aranha Corr?a do Lago, Ambassador of Brazil to India, mentioned, “It has never been more important for the like-minded nation to strengthen their international relationships and ensure mutual trust and mutual benefits. We have seen India embrace fundamental reforms designed to weapon up its agricultural resources and alibi sectors to investments like never before,” he mentioned.

 

Throughout COVID we now have additionally witnessed the rising capabilities of India’s manufacturing sector. “Investing in manufacturing capabilities will help India integrate with global value chains and be competitive in the post-COVID world,” added HE Mr Andr? Aranha Corr?a do Lago.

 

HE Mr Barry O’Farrell AO, High Commissioner of Australia to India emphasised that Australia and India must work collectively to maintain the markets open and improve the resilience of diversifying provide chains. “We have to trust our scientists and institutions to restore work order,” he mentioned.

 

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