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MESSAGE FROM THE CHAIRMAN
 
Hon'ble Chief Guest, Panel experts and Delegates

Welcome to Convergence 2012, the 4th International Conference on “DOING BUSINESS IN INDIA”!!

India is today considered the ultimate destination for global business, after China, especially in the service sector. With increasing globalization and liberalization, the scope for FDI and foreign investments has opened up in a massive way, which will have a tremendous impact on our own economy. This will result in more investments coming into India, and higher generation of employment. Needless to add, this will also mean more investments to be made for providing better infrastructure & facilities, so that the environment is conducive for setting up of Industries in India.

The number of Indian multinationals is also growing rapidly and since International business works on the principal of reciprocity, more opportunities will be available to Indian business houses to set up shop abroad and to grow rapidly. The houses of Tatas, Birlas, Reliance, etc are among those Indian Businesses, which have quickly seized opportunities abroad successfully and have grown rapidly. This list has hundreds of smaller names and these companies operate in several countries all over the world like Nigeria, South Africa, Russia, South America, West Industries, S.E. Asia, etc besides the western world.
 

We have had a number of joint ventures for several years now, with names like Lever Brothers, Larsen & Toubro, BAT, Proctor & Gamble, Colgate, British Leyland, etc, becoming household names. These are predominantly in the area of Manufacturing and the Services sector has been relatively left untouched. It is our firm belief that there is tremendous potential in the Services sector and with this in mind, we have organized this International Conference and focused on four key sections of the services sector. “Convergence – the Annual International Conference” is hosted by IFIM Business School every year to bring in a synergistic confluence of reputed and senior Academicians and Top Business Leaders and Industry professionals on one universal platform and by conducting a plethora of events and activities.


Convergence -2012, the fourth Annual International Conference by IFIM has adopted this year's theme as “Doing Business in India: Opportunities and Challenges in the Service Sector” and is designed to discuss and deliberate on these four sections of the service sector that are fast expanding and has tremendous potential for growth and is likely to gain centre-stage in the Indian Economy. The sections are Education, Retail, Financial Services, Health Care and Medical Tourism Each track has drawn distinguished panelists from Industry and Academia who will not only deliberate on the salient aspects of the arena they are associated with but will also evaluate the various speakers and participants.


Academic Partners: University of Applied Sciences, Lubeck, Germany, and the Virginia Commonwealth University, VCU, USA have teamed up with IFIM B-School, Bangalore in the Conference as academic partners for this edition of Convergence. All these institutions share a common vision and aspirations with IFIM B-School on benefits of “Convergence” to the students' fraternity under their tutelage with same spirit and fervor.


My heartiest congratulations and Best Wishes to all the participants and delegates of Convergence 2012.

V. B. Padode
Chairman - CDE Society

 

 

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