India, W Asia CEOs to participate Summit in Dubai

Dubai, Mar 16: Top CEOs from India and West Asia are to join government and industry leaders in a conclave here to map out the emerging investment and business opportunities in India, the fastest growing free-market economy in the world.

Announcing the summit plans Datamatix Group, the region's foremost knowledge organisation, said the 'Indian and Middle East Leading CEO Summit' in Dubai on December 8-9, 2007 would be attended by business and government leaders from both sides.

The summit would discuss recent trends and opportunities arising out of India's emergence as a global economic power, a statement said.

''As India marches on its quest to becoming one of the world's economic powerhouses, this Summit would review the investment landscape that has changed over the past several years and what Indian and Middle East CEOs should expect in years to come to make use of the opportunities for trade, business and collaboration,'' Datamatix Managing Director Ali Al Kamali said.

The Summit will facilitate enlightening discussions providing insights into the leadership that is taking the Indian industry to the global stage and what Middle East CEOs can to learn from them, he said.

Mr Kamali said, ''Although India's economic reforms are still coming only in incremental stages, they have shaken up Indian companies to the new reality of competition and globalisation.'' He said Indian CEOs have embraced these challenges with confidence and the result is India is set to see a sustained growth rate of over eight per cent until 2020. It is set to become the second largest economy in the world, ahead of the US, by 2050.

The first of its kind in the region, the Summit will make a comprehensive review of India as the world's fastest growing free-market economy. It would examine the stellar role of CEOs of India Inc in pushing growth.

The event would look at how these Jewels of India are changing the face of the country, which has the world's largest pool of technically skilled workers who can make the dream of even higher growth happen, he said.

UNI