CII Communique - December, 2010

india & the world
Tejpreet Singh Chopra, President & CEO, Bharat Light & Power, India; Ravi Sharma, CEO, Adani Power, India; Yvo De Boer, Special Global Adviser,
Climate Change & Sustainability, KPMG International, UK; Tulsi R Tanti, CMD, Suzlon Energy, India; Carmen Becerril, President, Energy, Acciona,
Spain; Raijv Lall, MD and CEO, Infrastructure Development Finance Company, India; and Peter Gartenberg, President, SAP India Pvt Ltd, India
growth of south-south services trade has not kept pace
with the trends in merchandise trade, he observed. But
as emerging countries mature, developing countries in
Africa and Asia will start demanding more sophisticated
professional and technical services, and countries like
India would be ideally placed to tap this demand.
Mr. Peter Van Loan, Minister of International Trade,
Canada, said that free trade has been the cornerstone
of Canada’s economic prosperity. Its FTAs make Canada
a unique link in a supply chain of the developed and
the developing world, he observed.
Elaborating on the importance of transport linkages
between emerging economies that would facilitate greater
south-south trade, Mr. Alberto Vallarino Clement, Minister
of Economy and Finance Panama, said the Panama Canal
links Latin America with the Asia-Pacific economies. Mr.
Amos Muhinga Kimunya, Minister of Transport, Kenya,
said greater trade facilitation was required.
In a session on ‘Creating Equality: The Female
Leadership Factor’, Ms. Agatha K. Sangma, Minister
of State for Rural Development, India, said, “Use of
quotas improves women’s participation in politics as
it provides a springboard for women.” She added that
after introducing quota in Panchayati Raj, more gender
sensitive issues are being tackled.
India needs a revolution for manufacturing, stressed Mr
Jyotiradtiya Scindia, Minister of State for Commerce and
Industry, India, at the session on ‘India’s Role in Global
Competitiveness’. He was categorical that development
initiatives and financing models can create global
competitiveness for Indian manufacturing by leveraging
India’s strength in skilled manpower. The Minister defined
the contours of a new manufacturing strategy focusing
on rational exit mechanisms, technology zones, training
programmes, and infrastructure development to be
announced by the Ministry of Commerce and Industry
very soon.
Mr Pawan Munjal, Managing Director and Chief Executive
Officer, Hero Group, India and a Co-Chair of the
Summit, laid stress on some fundamental constraints
Raghunath A. Mashelkar, President and Bhatnagar Fellow, National Chemical Laboratory, India; Dennis Nally; Pawan Munjal, MD &
CEO, Hero Group, India; Ellen Kullman, Chair of the Board & CEO, DuPont, USA; and Jon Fredrik Baksaas, President &
CEO, Telenor Group, Norway
10 | December 2010 Communiqué