CEO Clubs India panel discussion on "Indian Economy - It is really slowing down? & it's Impact" at the ISB, campus organised by CEO Clubs of India drew leaders from the Pharma, Media, Private Equity and IT industry body NASSCOM. The Chief Guest of Honor was Dr. Subhashis Gangopadhyay Advisor to Finance Minister, Government of India.India has been rated as one of the best performers in the world economy in recent years posting a GDP growth of 9.2% in FY 2007 and 9.6 % FY 2006. This is the highest growth rate achieved in last 18 years for India and second highest growth rate since Independence (1947). It is a remarkable growth set as a result of progressive markets reforms, huge inflows of FDI, rising foreign exchange reserves, boom in the IT and real estate sector, and a flourishing capital market. Like most of the world, India is facing testing economic times in today. The Reserve Bank of India had set an inflation target of 4% for FY 2008, but by the middle of the FY 2008 it touched 11% ( It did not take much time to cross the 12% mark. in fact, it the inflation figure touched the 13% mark quite recently), the highest level seen for a decade. The mounting costs of oil, food and the resources which fuel economic growth are slowly taking its toll.

Chief Executive Officer Clubs India (CEO Clubs) is part of global business network & learning organization with several thousand CEOs as its members. CEO Clubs was founded by Joseph (Joe) Mancuso a serial entrepreneur and a professor 30 years ago. CEO Clubs India was launched in March 2008 in Hyderabad. It started its operation in Hyderabad and Chennai and will soon start its Delhi Chapters 2008. The Club will be operational in all major metros by next year. The objective of the Club in India is to bring together Indian business leaders for sharing knowledge and skills that could prove critical to their respective organizations and act as a focal point in creating global business opportunities for their constituents. CEO Clubs enable its members to enter or expand their businesses around the world through most effective networking and business development forums, events, gatherings, hospitality functions and an online community. Several CEOs around the world have benefited from CEO Clubs membership - many mergers and acquisitions have been created and are noted through the last 30 years Web site: http://ceoclubsindia.com

---

Be first to comment this article

Only registered users can write comments.
Please login or register.