Recent Brand Stories
Rethinking Security Most organizations have likely already experienced a data breach involving network-connected printers - whether they know it or not Digitization has changed the face of business and society as we know it, infusing a level of dynamism as never seen before. However, the conveniences born of digitization are in reality a double edged sword. A spate of recent incidents across the globe, such as ransomware and swift attacks, have drawn attention to information security risks associated with electronic and digital financial transactions, and organizations are now increasingly focusing on recovering from cyber breaches that threaten to undermine organizational cybersecurity. Cybercrime, internal breaches, compliance infringement and more can hurt your business. Expensive fines and lawsuits are just one part of the equation to worry about, for a security breach can result in damaged reputation, revenue losses and leaks of lucrative proprietary data that could hurt businesses where it hurts most. As cyber-attacks spring forth from all corners of the web, it's easier than ever for businesses to be vulnerable in a game of tag where they're suddenly and unknowingly tagged "it". Fraud, phishing, malware, adware, spam, blended threats and DoS attacks are just of the attacks organizations guard against watchfully. But hitherto innocuous endpoint devices such as printers are not recognized as a large enough threat. Due to the growing sophistication and perseverance of cybercriminals, network firewalls are proving to be insufficient security measures. Organisations need to fortify their endpoints behind the firewall, including network printers, against the persistent threats of ransomware and newer, more malicious forms of malware. Enterprise-level multifunction printers (MFPs) can be complicated creatures, boasting more than 250 security settings. This calls for specialized knowledge for keeping devices, data, and documents secure across the fleet, which can be a time-consuming affair. Unfortunately, that printer sitting in the corner of your office is a silent, prime target for attackers to leapfrog into a private network and wreak havoc. The numbers bear it out too; just 16% of respondents think printers are at high risk for a security threat/breach, according to a Spiceworks survey. The truth of the matter remains that whether known or not, the ubiquitous printer is fast acquiring the dubious distinction of being the unwitting mule ferrying attackers into your backyard. The Economic Times CIO Roundtable powered by HP, held at Mumbai, Bangalore and Delhi, saw approx. 60 CIOs deliberate with security experts from KPMG as they sought to unravel solutions to this oft-ignored security issue. The CIOs moved from one set of challengers to another, as they converged to catch all the cricketing action at the Wankhede Stadium, Mumbai; M. Chinnaswamy stadium, Bangalore and Feroz Shah Kolta, New Delhi in India's favorite cricket carnival. HP Secure Managed Print Services (MPS) manage security so you can focus on your core business. You can count on HP Secure MPS to help assess your risks, secure and manage your fleet, maintain printer security compliance, and keep everything up to date with the latest protections through printers that are self-healing and cyber-resilient. HP has taken the lead to provide technologies and services that reduce the burden on IT while improving security across your print environment. HP print security offers real-time threat detection, automated monitoring, run-time intrusion detection, self-healing through HP Sure Start and built-in software validation, comprehensively infusing security into every aspect of HP Managed Print Services, which makes it the ultimate one-stop destination for printer security. India's blossoming IT industry is hugely dependent on the symbiotic relationship between hardware and the internet, which makes staying secure against cyber-attacks a monumental task. Existing organizational infrastructure is deceptively susceptible to espionage, cybercrime, and systemic digital assaults attacks. With so much at stake, it's a no-brainer to secure critical installations before they're exploited. 81% of companies say security is an important or very important driver to move to managed print services 61% of organisations reported at least a single print-related data breach in the past year 43% of companies ignore printers in their endpoint security practices
March 10th 2018, Mumbai: The first edition of The Economic Times Hospital Stretegic Management Summit 2018 held at The Lalit brought together government officials, healthcare industry leaders, analysts & service providers under one roof to focus on delivering innovative and world-class hospital planning. While healthcare systems and hospitals are faced with increasing pressure to find operating efficiencies in a time where traditional cost-cutting methodologies are producing diminishing returns, it is imperative to create sustainable healthcare funding mechanism. The event convened with a panel discussion on the procurement/supply chain heads of hospitals brainstorming on the latest challenges like GST, bottom-line revival, government policies, vendor management and the future trends that will shape hospital procurement. In the spotlight session, Varsha Kaushal, Deputy Director Materials, P. D. Hinduja Hopsital & Medical Research Centere said, "There is a need to shift the focus from hardcore procurement to utilization management". Sharing his views on the subject matter, Dr. (Col.) VMP Thomas, AVP - Operations & Projects, Dr. L.H. Hiranandani Hospital said, "We have to look at our vendors as partners which goes beyond providing periodic feedback. We must include them as stakeholders in the provision of healthcare". Talking about the summit, Deepak Lamba, President - Times Strategic Solutions, said, "Despite its impressive growth, the Indian Healthcare industry has been inconsistent. While we have world-class hospitals, state-of-the-art technologies, highly qualified doctors and health care professionals attracting patients from all over the world, the average Indian patient faces high prices, inadequate access, and inconsistent quality. We at the Economic Times believe that this summit will help provide a strategic path ahead for the healthcare sector." In a session that laid emphasis on fututre trends in healthcare, speakers like K Ganesh, Chairman, Portea Medical; Dr. P M Bhujang, President, Association of Hospitals and Dr. Aniruddha Chimote, Director, HosConnn Consulting Service discussed that consumers today are more demanding than ever. Not only do they want to be in control, they also want options tailored specifically to their needs and something that fits their budget. Hence for the betterment of the overall healthcare it is important to focus on personalized data, real-time information and blockchain technology that is better for patient outcomes. It democratizes health and creates greater efficiencies and scalability, thus influencing purchasing decisions in respect to healthcare. It is a catalyst for strategic planning, policy positioning and opportunity identification. In a panel comprising of the head honchos of the hospital industry discussing and mapping immediate tools and strategies to improve excellence, quality healthcare, customer service and patient engagement in hospitals, Dr Pallavi Jain Govil, Commissioner, Department of Health services, Government of Madhya Pradesh, said, "In the public health sphere we find that transparency has improved due to the robust technology. Technology helps but there is careful need in choosing the correct technology." In the last panel discussion based on Hospital trends, budget 2018 and beyond Randeep Guleria, Director, AIIMS said, "Medicine is a social sector rather than a cost effective service sector. There is a need to provide proper care to the citizens of India no matter what the social status is. The solution to this is the merger of the public and the private sector making it cost effective for the payers and profitable for the stake holders at the same time." Others who gave their valued inputs were Dr Jitendar Sharma, MD & CEO, Andhra Pradesh MedTech Zone, Government Of Andhra Pradesh, Dr B S Ajai Kumar, Chairman & CEO, Healthcare Global Enterprises and Dr Harish Pillai, CEO, Aster Medcity & Cluster head(Kerala & Hyderabad), Aster DM Healthcare, amongst others. The day concluded with a felicitation ceremony and an enlightening address by the chief guest Dr. Deepak Sawant, Hon'ble Minister of Health, Govt. of Maharashtra, who said, " The concept of smart hospitals is essential for the current scenario." Considering the role of technology in healthcare, he said, "IT & healthcare goes hand in hand hence we must go for tele-medicine since we are short of doctors. Correct use of technology can improve patient doctor relationships and can help reduce the gap that can create issues." About ET Edge: Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through focused exhibitions and strategic conferences and summits. Encompassing business vistas, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create a social and business environment conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through exhibitions, summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, case studies and more.
March 8th 2018: The Economic Times NBFC & Micro Finance summit held today at The Lalit Mumbai saw industry doyens deliberate on growing significance of NBFCs & MFIs in the industry. The summit highlighted the role of NBFCs in promoting India's economic growth. It also analyzed the opportunities, challenges and problems faced by this sector and the way forward. Commencing the conference with his opening remarks, Raman Agrawal, Chairman, FIDC & Senior VP Corporate Affairs, SREI, stated that the flow of non-bank resources to the corporate sector, which includes bond market borrowing and lending by NBFCs, has increased by 43% from April 2017 to December 2017. According to RBI Financial Stability Report Dec 2017, NBFCs were the largest net borrowers of funds from the financial system, hence there are huge growth opportunities. In a panel discussion held on the role of Financial Inclusion, George Alexander Muthoot, MD, Muthoot Finance, said, "We are looking at using customer's credit score to give them unsecured loans as most of the gold customers do not have home of their own. Considering the power that technology holds, we are constantly trying to use and evolve technology in a way that is beneficial and creates hassle-free experience for most customers." Govind Sankaranarayan, Head- Strategy, Tata Capital, said, "Combination of partnership & database helps in increasing penetration of financial inclusion. To reach large numbers of customers successfully & minimize risk we have partnered with various governments to use their database and identify customer worthiness. Thus lending has been productive." Talking about the event, Deepak Lamba, President - Times Strategic Solutions, said "The summit was initiated to highlight the growth, success, challenges and other concerns of the industry through interactive panel discussions, keynotes and un-conferencing sessions. We are grateful to the legends from the finance industry that gathered here today for the larger good of the financial community by sharing inputs on factors affecting the rapid growth and upcoming opportunities within the NBFC & MFI space." The discussion on 'Financial Disruption: Laying digital footprints to drive financial inclusion' saw Suresh A Shanmugam, National Head of BITS & CTO, Mahindra & Mahindra Financial services touch upon the usage of digitalization. He said, "The audience wants something that is engaging enough for a lifetime and hence, using as much as information available will lead to a rise in the use of digital platforms. With the help of these digital platforms, the rural sector will find something reliable enough for them to trust in". Voicing his opinion, Punit Jain, CEO, Nelito, said, "Agility is very important as it sets the banks apart. Banks function slower as compared to the NBFCs, which is why agility is important. Technological advancements like the use of mobile phones & the internet can help in making information easily accessible anytime anywhere. Hence reducing the demand & reliance on bank branches". Sanjay Sharma, Managing Director, Aye Finance, stated that modern methods overcome key challenges that had overwhelmed conventional lending. Providing further insights, Satrajit Saha, CBO, TransUnion CIBIL, said, "Digitalization gives us the ability to present multiple choices and reach the larger audience at quicker pace. This will indirectly give rise to larger NBFCs." On his views on regulations, its evolution and prospective changes, Rakesh Singh, CEO, Aditya Birla Finance, said, "NBFCs and MFIs must have a last resort of borrowing like the banking sector. Manish Jaiswal, MD & CEO, Magma Housing Finance said, "NBFCs & MFIs are the largest propellants of ushering finance into the country". The summit was a momentous event for networking with like-minded people from the sector, which concluded with useful inputs like technology is not only at the head of banking and financial services, but also an increasingly digitalized India has underpinned the rise of NBFCs. Another major advantage of NBFCs is their ground level understanding of their customers profile and their credit needs, which gives them an edge, as their ability to customize their products according to client needs. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies.
The Economic Times Asian Business Leaders Conclave, an ET Edge Initiative acted as a melting pot for thought leaders, governments and business leaders to further the cause of greater economic integration between emerging and leading countries in the region. Among the attendees was MergerTech's Nitin Khanna, who we engage in conversation. Nitin Khanna (CEO, MergerTech) talks to us about what drives him and the success of MergerTech Q: From running a software enterprise to creating a boutique investment bank, you've had a fascinating entrepreneurial journey. Talk us through it. A: Entrepreneurship is in my blood. Some of my earliest childhood memories are of me accompanying my uncles on very early morning business trips throughout. I was about 5 or 6 and we would wake up at 4:30am and drive an hour or two to brick kilns to sell them wood and coal and collect the funds that were owed. These were amazing entrepreneurial journeys where I learned the value of things as varied as hard work, sales, "cash is king", relationships, and negotiating. That, combined with an innate ambition and a love of both creating something of value and mentoring/coaching people led me to what I felt was my calling: starting businesses and seeing people (employees, partners, investors) succeed personally and professionally as a result of being part of that businesses. I am continuing that passion beyond the investment bank by having started Cura, one of the fastest growing cannabis companies in the US today. Q: MergerTech is an ambitious undertaking straddling the demands of trying to create a market and leading it at the same time. How do you balance this dichotomy? A: Clients choose investment banks based on prior deals they have done that are similar to the client's business. As a bank founded in 2010 we did not have the luxury of having any deals under our belt so we had no choice but to lead the market. We decided early on that we would try to become the leading investment bank for mobile companies and I'm proud to say we have been very successful in achieving that goal as evidenced by our rankings in the banker league tables. From mobile development firms like Mutual Mobile to the first online only consumer bank Simple we represented the largest and the best clients in the space because we understood mobile better than the old line traditional banks. As mobile has taken off and become ubiquitous it has allowed to both create the market initially and now lead it. We are now focusing our attention on other emerging and exciting markets such as Bitcoin and Blockchain. Q: What's the biggest challenge that keeps you up at night and drives you on? A: At this stage in my professional like I consider myself a player coach and the part that I focus on the most is the coach part. What keeps me up at night is ensuring I am doing the right thing by every employee in our company and every executive who reports to me. From choosing the right people who are talented and aligned with our culture to developing them technically and managerially it is critical to me that people who work for me become the best version of themselves at work and at home and do so in a manner that aligns with the values of the firm.
Mumbai, 6th March 2018: Owing to the growing significance of Non-Banking Financial Companies (NBFCs) & Micro-Finance Institutions (MFIs) in the country, The Economic Times is set to host the first edition of NBFC & MFI Summit on 8th March 2018. This day-long conference will have an eclectic mix of speakers highlighting the overall success of the industry through case studies; discuss the challenges through panel discussions and exploring ways in which technology is changing the face of this industry. The event will be held at The Lalit Mumbai. NBFCs and MFIs have served as important lending machinery that supports the government's financial inclusion mission. NBFCs have scripted a great success story. Their contribution to the economy has grown in leaps and bounds from 8.4% in 2006 to above 14% in March 2015. In terms of financial assets, NBFCs have recorded a healthy growth-a Compounded Annual Growth Rate of 19% over the past few years-comprising 13% of the total credit and expected to reach nearly 18% by 2018-19.2. This summit provides a platform for enabling thoughts and charting a roadmap for the future of NBFCs across the country. Talking about the event, Mr. Deepak Lamba, President - Times Strategic Solutions, said "NBFCs and MFIs play a very critical role in our rapidly developing Indian financial system. It plays an important role in the core development of the country's infrastructure, transport, employment generation, wealth creation opportunities, and financial support for economically weaker sections; they also make a huge contribution to state exchequer. The Economic Times NBFC & MFI Summit 2018 is a landmark event for leaders in the industry to provide useful insights into this important segment of the economy, which is being streamlined to fund important sectors that will boost the economy." The event will be graced by the eminent speakers and experts - Raman Aggarwal, Chairman, FIDC & SVP & Corporate Affairs, SREI, Ramesh Iyer, Vice Chairman & Managing Director, Mahindra & Mahindra Finance, V S Radhakrishnan, CEO & MD, Janalakshmi Financial Services, Chandra Shekhar Ghosh, Chairman, Bandhan Bank, Usha Thorat, Former RBI Governor and George Alexander Muthoot Managing Director, Muthoot Finance to name a few. The summit is a momentous event for networking with like-minded people from the sector. Government officials and regulators, business leaders from reputed Non-Banking Finance sector, micro finance institutions, banking and financial organizations, tech providers, venture capitalists & angel investors, law makers, financial experts, scholars amongst other important entities will be a part of the event as speakers and delegates. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies.
6th March 2018, Mumbai: The 1st edition of Hospital Strategic Management Summit aims at convergence of brilliant thought leaders and stakeholders to discuss 21st century healthcare strategic management approach amidst disruptions of all nature. The one-day event to be held on 9th March 2018 at The Lalit Mumbai will see prominent industry experts deliberate on the opportunities which remain unexplored by the Industry. It will call for strategic realignment of priorities when it comes to market expansions, regulatory interventions, and regular technological disruptions. Considering the Indian pharmaceuticals market growing larger than ever, The Economic Times saw the need to cultivate a dias for researchers, pharmaceuticals industries, healthcare professionals and various stakeholders to discuss challenges the industry has been facing despite impressive CAGR(compound annual growth rate). This is not only impacted by subdued growth in other sectors of economy but also static management & administrative approaches adopted by various strata of healthcare. The top leaders from the fraternity will throw light on the existing developments and pave way for innovations in terms of smart hospitals, hospital care, procurement,etc. Sharing his thoughts on the same Mr. Deepak Lamba, President - Times Strategic Solutions, said, "The Indian healthcare industry is on the threshold of becoming a major global market. We at ET believe no global healthcare company can afford to ignore India and its growth. We thus wanted to provide a platform which helps the experts to recognize not only the challenges but also great opportunities in the health industry." The event will be graced by Dr Deepak Sawant, Hon'ble Minister of Health, Govt of Maharashtra In aspecial chief guest Address. It will see head healthcare honchos like Dr. Ram Narain, ED, Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute,Dr Nandkumar Jairam, Chairman & Group Medical Director, Columbia Asia India, Dr Pallavi Govil, Director, Health Services, Govt of Madhya Pradesh, Suresh Ramu, CEO, Cytecare Cancer Hospitals, Joy Chakraborty, COO, Hinduja Hospitals,Dr Jitendar Sharma, MD & CEO, Andhra Pradesh Med Tech Zone, Govt of Andhra Pradesh, Bhavdeep Singh, CEO, Fortis Healthcare,Samina Vaziralli, Exectuve Vice Chairman, Cipla and Dr Randeep Guleria, Director, amongst others. The experts to throw light challenges faced by the industry while mapping the trends of today on key issues such as 'Why present is so tense in contemporary Indian healthcare', 'Future of Tier 1 City Healthcare, Managing financial disruptions due to technological (Change) disruptions' and many others. For more details visit- http://www.et-hsms.com/ About ET Edge: Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies.
Kuala Lumpur, 4 December 2017: Building on the successful launch of its inaugural edition, The Economic Times Asian Business Leaders Conclave 2017 (ABLC) returned to deliberate on developments in the Asian economy since last year. It acted as a melting pot for thought leaders, governments and business leaders to further the cause of greater economic integration between emerging and leading countries in the region. The 2 day landmark event was held at Majestic Hotel Kuala Lumpur in Kuala Lumpur, Malaysia. The 2nd edition saw the conclave graced by the presence of YAB Dato' Sri Mohd. Najib Bin Tun Haji Abdul Razak, Prime Minister of Malaysia, joined by Guest of Honour, Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry, Malaysia. The event bore witness to greater involvement of regional governments and focused on the steps Asia as a unit must take to achieve development goals and move towards not just complete economic independence, but also greater eminence in the new world order. It also acted as a focal point for discussions between ASEAN, India and the Middle East. Talking about how young leaders are pivotal to the success of Asia, Yang Berhormat Dato' Sri Mohd. Najib Bin Tun Haji Abdul Razak, Prime Minister of Malaysia, said, "We launched the inaugural event last year here in Kuala Lumpur, and I am delighted it is now becoming an annual event to be hosted by Malaysia. I am all the more pleased that we have with us here today government and business leaders from across Asia. The event has become a platform for connectivity beyond India and Malaysia to also cover ASEAN and South Asia, and I hope that it will continue to expand in the future." Expressing his views on the conclave, Mr. Deepak Lamba, President -Times Strategic Solutions, said, "As Asia continues to develop and innovate abundantly, it has gained more influence on a global scale. This rapid growth also offers numerous business opportunities which need to be tapped strategically. The 2nd edition of the Asian Business Leaders Conclave, to be held under the patronage of the Honorable Malaysian Prime Minister and other dignitaries, will see authorities and thought leaders converge to frame reforms and strategic ties that will help assert Asia's position as the torchbearer of the global economy." Quotes by other influential speakers: "Digital Disruption seems a negative word to me. What we should be saying is digital acceleration. This is the generation where the internet and the web is the force for good. Where the workforce of the future is going? There is an entire generation of our workforce that are in two states, they are either online or streaming. Their expectations and how they grow and access to information and knowledge is vastly different from when I first began work years ago. The workforce of today's generation that is better prepared, with higher expectations and being ambitious. The web allows you try and fail fast. Now more than any other time in the history of the world this is the time to be a millennial." - Sajith Sivanandan, Managing Director- Malaysia, Vietnam, Philippines and & New Emerging Markets, Google "Technological disruption in electric vehicles is not disruption, the disruption has not come to Asia just yet but we will see a lot of new car brands being born in the next few years, both within Asian and around the world. But what we will see moving forward, is a lot of new technology related to electric and hybrid vehicles, and many of these will come out of Asia. And if Asia wants to compete in this field, there are a lot of innovations and developments that need to be made and in a fairly short amount of time." - Larissa Tan, CEO, Vanda Electrics on the long-term vision of the battery business The conclave hosted entrepreneurs, business owners, policy makers and senior government authorities from all across Asia. Other highlights were the dedicated zone for startups where entrepreneurs showcased their services/products and also the industry focused parallel sessions. ABLC also proved to be a great platform for cultural exchanges that helped understand the common aspirations of Asians across borders. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through exhibitions, strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through expos, summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, face to face meetings and case studies.
November, Malaysia: Building on the successful launch of its inaugural edition, The Economic Times Asian Business Leaders Conclave 2017 (ABLC) is back to catalyse the developments in the Asian economy since last year. It will act as a channel for thought leaders, governments and business leaders to further the cause of greater economic integration between emerging and leading countries in the region. The conclave is scheduled to take place from 29th November to 30th November 2017 at the Majestic Hotel Kuala Lumpur in Kuala Lumpur, Malaysia. In its launch edition, ABLC established itself as an important economic platform for candid discussions on economic ties, international business, etc. and had the rare distinction of being addressed by The Honorable Prime Minister of Malaysia and India (Via Video Conferencing). The 2nd edition will see greater involvement of regional governments, who are looking to come together to deliberate on the future course of Asia. The discussion will focus around what steps Asia as a unit must take to achieve development goals and move towards not just complete economic independence, but also the greater dominance in the new world order. It will also act as a focal point for discussion between ASEAN, India and the Middle East. Expressing his views on the conclave, Mr. Deepak Lamba, President -Times Strategic Solutions, said, "As Asia continues to develop and innovate abundantly, it has gained more influence on a global scale. This rapid growth, also offers numerous business opportunities which need to be tapped strategically. The 2nd edition of the Asian Business Leaders Conclave, to be held under the patronage of the Honorable Malaysian Prime Minister and other dignitaries will see authorities and thought leaders converge to frame reforms and strategic ties that will help assert Asia's position as the torchbearer of the global economy." This year the special address will be delivered by senior Asian Government Representatives, Amir Hossain Amu, Minister of Industries, Bangladesh and Manohar Lal Khattar, Chief Minister, State of Haryana, India. They, together with other industry prophets will deliberate on enhancing regional economic integration agenda, eliminating barriers to international trade and investment in the region and giving greater impetus to the sustainable and inclusive development of Asia. This conclave will have entrepreneurs, business owners, policy makers and senior government authorities from all across Asia. One of the highlights would be the dedicated zone for startups where entrepreneurs can showcase their services/products and meet with potential investors. Making sure that the conclave touches upon all the macro agendas of the booming sectors, it will have Industry focused parallel sessions. ABLC will also prove as a great platform for cultural exchanges that will help understand the common aspirations of Asians. The conclave will host a series of interactive panel discussions, candid chat sessions for exchange of ideas, live talks and interviews with the most influential leaders and networking meetings. Some of the key topics discussed during the summit were as follows: · Untapped opportunities to boost Intra - Asian trade · Eliminating barriers to international trade and investment in the region · Role of the financial sector in attainment of inclusive growth · Enhancing collaborative efforts for greater Industrial growth in Asia · Driving global investments in Infrastructure to Asia · Opportunities for collaboration in the MSME sector between ASEAN and India Renowned Asian representatives for the conclave: · YAB Dato' Sri Mohd. Najib Bin Tun Haji Abdul Razak, Prime Minister of Malaysia · Hon. Ranil Wickremesinghe, Prime Minister of Sri Lanka (via video conference) · Andy Xie, An Independent Economist based in Shanghai · GM Rao, Group Chairman GMR Group · James Law JP, Founder, Chairman, CEO James Law Cybertecture · Mr. Alhaz Amir Hossain Amu, Minister of Industries, Republic of Bangladesh · Mr. Fakhrul Mazid Mahmud, APS, Ministry of Industries, Bangladesh · H.E Ouk Prachea Secretary of State (Vice Minister) Ministry of Commerce, Cambodia · Chheav Pha, Director of Market Development, Ministry of Commerce, Cambodia · Sushil Premajayantha, Minister of Science, Technology and Research, Sri Lanka · Mr. Chaminda Welegama, APS, Sri Lanka · Dr. Chuang Suo Ho, Vice Chairman, Taitra, Taiwan · Ms. Ivy Ko, Project Manager, Taitra, Taiwan On the Day 2 of the conclave the 2nd edition of Most Promising Leaders of Asia Coffee Table Book will be launched. It will enlist young leaders who are an important part of the story of a resurgent Asia. Renowned Asian representatives, such as Mr. Fakhrul Mazid Mahmud, APS, Ministry of Industries; H.E Ouk Prachea Secretary of State (Vice Minister) Ministry of Commerce, Cambodia; Chheav Pha,Director of Market Development, Ministry of Commerce, Cambodia. Also, representatives from Indian and Asian companies, such as Fortis Healthcare & Religare, & Shriram Group, James Law Cybertecture, Hong Kong, GMR Group, Taiwan External Trade Development Council, Ravin Group of Companies, Logie Group, Hong Kong, ICICI Ventures etc. will be there.
18th November'17, Mumbai: The day three of the mega event, The Times of India Global Sports Business Summit (GSBS), was addressed by Dr. B Ashok, IAS, secretary department of Sports & Youth affairs, among other experts, bureaucrats and policy makers. The day focused on sports science, its role in Paralymics and schools, sport nutrition and mental training. Calling India a natural sporting nation Dr. B. Ashok said, "India has a wealth of knowledge in managing sporting performance. Every state in India will have to work on identifying challenges and bridging the gap. Currently only Cricket and Football are two major sports being encouraged and getting attention in India." The last day of GSBS brought together a diverse range of medical experts in a panel discussion on the role of sports science- from grassroots to Olympics. Describing the role of a sports physio Dr. Zeinia Somar, Sports, Physio, Olympic Gold Quest said, "If you are a sports physio, you need to play multiple role, a psychologist, a nutritionist and a supporter." She added, "A good athlete has a team of doctor, nutritionist, psychologist, and physiotherapist and it acts as a strength to an athlete's performance." Specialist in sports medicine, Dr. Anup Krishnan, reiterated the importance of time, patience, money and experts, in making of a champion. In a presentation on India's Paralympic Moment, Madhavi Latha, President-Wheelchair Basketball Federation of India, encouraged everyone to participate in sports. She said, "Sports science has now given everyone an opportunity despite disability." Talking about inculcating sports at school level, Lt. Gen Manvender Singh, Founder of Director Sportseed PRO said, "The opportunity and facilities to pursue sports given at a school level makes a huge difference in a child's life. Sports builds a social attitude, healthy discipline and cultivates fitness habits." He also spoke about the alarming effects that technology has on kids making them low on self-esteem, grounding them indoors and leading to obesity and unhealthy lifestyle. The session then proceeded to a panel discussion on sports nutrition and mental training in sports, where the panellists threw light on the need of proper nutrients for athletes right from childhood to give them a healthy start. In a panel discussion on convergence of the old with the new, using data to optimize training and techniques and enhance performanceJohn Gloster, Head of Sports Science, GoSports Foundation quoted, "It's extremely important to listen to your athlete with the help of regular data stored as it helps them measure performance, understand progress and to work the gaps. Robot management for athletes is very essential as it is not possible to manage every athlete individually." Later, Dr. Nikhil Latey physiotherapist and sports scientist, Sportsmed presented a CSE study on techniques and postures for shooter and how sports science can be applied to amateur sports and bring in a change in India's representation in Tokyo 2020. In the concluding session, Lokek Suji, Director, E Sports Federation showed the audience a glimpse of e-sports. He said, 'E-sports is probably the most naturally relevant sport to today's generation'. He shared, that countries and universities are now recognising e-sports as an upcoming field and Asia is the biggest market for sports." The main purpose of the conference was to catalyse business and create awareness about sports and products used in sports like sportswear, sports accessories, sports goods etc. as well as sports nutrition and wellness technique. This landmark exhibition features 5000+ national and international sports products spread over 6000+ square metres of exhibition space, with an expected audience of 8000+ trade visitors and sports enthusiasts set to visit this mega exhibition spread over the course of 3 days. With an all-encompassing exhibitor category featuring National & international brands, 5 tactically focused conferences, strategically aligned B2B meets, 50+ hosted international and national buyers and hands-on workshops, GSBS represents a stellar convergence of the sports business ecosystem like no other. Moreover, the exhibition also boasts a strong government connection with support from 5 State Partners plus the presence of a Taiwanese Country Pavilion, making GSBS an unparalleled platform for everyone who wants to delve deeper into the sports ecosystem. About The Times of India Global Sports Business Show 2017 The Times of India Global Sports Business Show (GSBS) 2017 is a platform that will bring together top corporates, leading stakeholders, policy makers, international sports brands, leagues, sports management companies and everybody who is a part of the sports business value chain under one roof to help India realize the dream of becoming a truly international sporting nation with world class infrastructure. This initiative will accentuate the government's vision to create a sustainable sporting ecosystem in India through infrastructure development, attracting investments in the sports sector and also position India as a sports destination in overseas markets.
17th November'17, Mumbai: The largest convergence of the sporting industry in India, The Times Of India Global Sports Business Show 2017 on its 2nd day focused on ISPO academy and the textile value chain. The Chief Guest of the day, Mr. J M Balamurugan, IAS, Secretary - Sports and Youth Services, Government of Punjab addressed the state of sports in the country. Laying emphasis on the growth in this segment, he said, "Given that we are a country of 1.3 billion people, there is a huge scope for sports revolution. The solution to improve is complex, multi-dimensional, multi-pronged yet possible. The efforts need to begin at the base level; at schools. Another factor that needs emphasis is financial security for the sportsperson, we need to create gainful employment for them post retirement." Talking about the sustainability development goals 2030 and their implementation with the textile value chain, Mr. Reiner Hengstmann, Go4More, Stuttgart, Germany highlighted the 17 goals structured by the UN. Mr. Hengstmann added, "Sustainability and business must work hand in hand. It's the need of the hour that companies and brands look for sustainable solutions and for consumers to be more aware about what and how of the making of the product. We need to move from linear business model to circular model where the motto is make-take-recycle." Addressing the options and risks of digitalization for the textile industry, Mr. Anton Schuman, Ghezri Textile Organization, Zurich, Switzerland, said, "Traditional value chain is changing due to digitalization; the driver being the consumer; digitalization has enabled the industry to create realities that were unthinkable at some point. He advised the delegates to innovate, adapt digitalization, change the point of view and do it with passion and write history." Present at the show Yavuz Mogul- Verwegener & Trefflich, Leipzig, Germany, said, sustainability is the biggest challenge in sport business and the ways to tackle are communicate, educate, be transparent and digitalize. Sharing his plans for Andhra Pradesh, Dr. N Bangara Raju stated that he wants to make 60% of Andhra Pradesh's people sports active by the year 2029. Navdeep Sondhi, Gherzi Textile Organization, shared, according to a survey the global textile, apparel consumption was 90 million tons in 2016. The future of textile apparel consumption market will be India and China due to rapid growth in disposable income and younger population. In a fire chat session Harit Mehta, MD, Haren Textiles, discussed the challenges that Indian companies faces , the need for digitization and working with the supply chain. The evening saw some interesting presentations and case studies by Linz, Austria, Sanjay Kumar and ended by session by Robert Schroots, S2R, and Geneva Switzerland. About ET Edge Times Conferences Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through exhibitions, strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through expos, summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, face to face meetings and case studies.