Public-Private Partnership For Make In India
The Yes Bank CFO Forum to be held on May 6th promises a stimulating and power packed discourse on Make in India
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Make in India is no longer a slogan. India is already the fastest growing major economy in the world, far outstripping the performance of its BRICS counterparts. In 2015, it successfully dislodged China as the number one FDI destination in the global economy. Investors, both domestic and global, are in the final stages of committing serious investments in the manufacturing sector. For Make in India to be a success, the share of the manufacturing sector in the GDP of India has to grow from a little more than 15 per cent currently to about 25 per cent. This is also crucial to provide jobs to the 10 million Indians who will enter the workforce this year. It is but natural that the financial community too would play a vital role in the mission. Equally important, a genuine partnership between the public and private sector is needed even at the ground level.
YES BANK in association with BW Businessworld is hosting the New Delhi Chapter of the YES BANK National CFO Forum, on Friday, May 6, 2016. The YES BANK National CFO Forum is a unique knowledge initiative conceived exclusively for CFOs in India with the objective to recognize and appreciate the indispensable role of a CFO in an organization. This chapter will be a special edition focused on Public Sector Enterprises recognizing the critical role essayed by them in moving the wheels of the Indian economy and ensuring the success of the 'Make in India' initiative.
Suresh Prabhu, Railways Minister, will be the chief guest at the event. The present CEO of Niti Ayog Amitabh Kant be the guest of honor. Both are closely associated with the in going success of Make in India. Kant has been closely associated with the Make in India campaign ever since it was launched in 2014. Goyal has proven to be one of the most dynamic and high performance ministers in the cabinet of Prime Minister Narendra Modi.
The Forum has been conceptualized in the form of Chapters across India, and was formally launched in Mumbai in 2011. Since then Yes Bank has successfully hosted chapters of the Forum across major cities like Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata and Pune. Encouraged by the positive response received, Yes Bank now looks forward to connecting closely with the financial leaders in the public sector as well.
Presently, the Forum has over 600 members from the CFO community across the country.