The 2018 Horasis India Meeting took place in Malaga, Spain on 24-25 June. More than 300 members of the Horasis Visions Community gathered to jointly inspire India’s future. Co-hosted by the City of Malaga, the Provincial Government of Malaga and the Confederation of Indian Industry (CII), the 2018 Horasis India Meeting explored Indian firms’ rise to global eminence while debating how to grow India’s economy rapidly and sustainably. Delegates also examined how to use Spain and Europe as springboard for globalization. A major facet noted by delegates was India’s continued rapid growth as shown in its GDP figures – now it is the world’s fastest growing economy. Download the report and visit the photo gallery.
Speaking on behalf of City of Malaga, Francisco de la Torre, Mayor of Malaga, Spain, welcomed participants to both start and continue discussions to further build on existing links between the City and India. Borja Gonzalez del Regueral, Vice Dean, IE School of Human Sciences and Technology, Spain conveyed that ‘India holds great promise for economic engagement with Spain. Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises – on behalf of the Confederation of Indian Industry (CII) – talked about the building blocks for Spain’s and India’s shared economic and societal future.
|Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises, President, CII, during the welcome reception||Ram Madhav, National General Secretary, Bharatiya Janata Party, keynoting the Horasis India Meeting|
In his welcoming speech, Ram Madhav, National General Secretary, Bharatiya Janata Party, India, stressed the Indian government’s commitment to wide-ranging reforms. According to Sanjay Kirloskar, Chairman, Kirloskar Brothers, India, ‘India‘s economy is robust, resilient and has potential to deliver sustained growth.‘ Mary V. Andringa, Chair of the Board, Vermeer Corporation, USA was confident that India will increase its attractiveness for foreign direct investment. ‘We need to accelerate the reform process to improve the investment climate,’ conveyed Prakash Hinduja, Chairman Europe, Hinduja Group, Switzerland. ‘Structural reforms to bolster resilience to shocks are necessary to increase India’s competitiveness,’ commented Sunil Kant Munjal, Chairman, Hero Corporate Services, India.
|Dilip Piramal, Chairman, VIP Industries, receiving the award as Indian Business Leader of the Year||Frank G. Wisner, Under Secretary of State (ret.), USA and Neena Gill, Member of the European Parliament|
Reflecting on India’s continued rise, Vishal Chordia, Minister of State, State of Maharashtra, described Mumbai as the world’s emerging financial hub. He also called Maharashtra a hot-bed for entrepreneurship and innovation. In similar vein, B.V.R. Mohan Reddy, Executive Chairman, Cyient, India, expressed confidence that India is going to be the world’s new economic growth engine, despite the rising protectionism elsewhere in the world.
Arun M. Kumar, Chairman and Chief Executive Officer, KPMG India, presented the prizes awarded by Horasis and KPMG to the Indian Business Leaders of the Year. This year the award winners were Dilip Piramal, Chairman, VIP Industries and Salil Singhal, Chairman-Emeritus, PI Industries.
|Salil Singhal, Chairman-Emeritus, PI Industries – Indian Business Leader of the Year||Meeting co-chair Sunil Kant Munjal, Chairman, Hero Corporate Services|
The co-chairs were:
|Mukesh Aghi, President, US-India Strategic Partnership Forum, USA|
|Mary V. Andringa, Chair of the Board, Vermeer Corporation, USA|
|Claude Beglé, President, SymbioSwiss, Switzerland|
|Dinesh Dhamija, Chairman, Copper Beech Group, Romania|
|Prakash Hinduja, Chairman Europe, Hinduja Group, Switzerland|
|Rajive Kaul, Past President AIMA; Chairman, Nicco Group, India|
|Shiv Khera, Founder, Qualified Learning Systems, USA|
|Sanjay Kirloskar, Chairman, Kirloskar Brothers; Vice President, AIMA, India|
|Arun M. Kumar, Chairman and Chief Executive Officer, KPMG India, India|
|Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises; President, CII, India|
|R Mukundan, Managing Director, Tata Chemicals, India|
|Sunil Kant Munjal, Chairman, Hero Corporate Services, India|
|Ratul Puri, Chairman, Hindustan Power, India|
|B.V.R. Mohan Reddy, Executive Chairman, Cyient, India|
|Murat Seitnepesov, Chief Executive Officer, Integral Petroleum, Switzerland|
|Henry Shterenberg, President, Suntri Inc, Ukraine/USA|
|Gunjan Sinha, Chairman, MetricStream, USA|
|Ron Somers, Founder and Chief Executive Officer, India First Group, USA|
|Neil Stevenson, Managing Director, International Integrated Reporting Council, United Kingdom|
|Michael Stopford, Managing Director, Oxford Analytica, United Kingdom|
|Frank G. Wisner, Under Secretary of State (ret.), USA|
Introduced 10 years ago, the meeting has become the foremost annual meeting of Indian business leaders and their global counterparts. With this meeting, Horasis offers business and government to discuss a wide range of issues related to the Indian economy. The location of the meeting rotates annually, and has been held in Munich (2009), Madrid (2010), Naples (2011), Antwerp (2012), Belfast (2013), Liverpool (2014), Interlaken (2015), Cascais (2016), Interlaken (2017) and Malaga (2018).