India’s Minister for Commerce and Industry, Piyush Goyal, was among a series of high-profile addresses during the fourth edition of India Global Forum (IGF) Middle East & Africa, themed around “Limitless Horizons”.
He said: “CEPA (Comprehensive Economic Partnership Agreement) has reached about $85 billion annually, unlocking opportunities for MSMEs and start-ups.”
The annual summit kicked off with Omar Al Olama, a global thought leader and the UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, sharing his vision on how emerging economies can leapfrog the traditional growth curve.
He said: “The UAE is a country that was not just built by Emiratis; I think they are the smartest and invest their own money. It is built by the world, believing in the vision and flocking to this land to co-invest and realise the future that they can’t realise anywhere else. Everything you see around you is invested by the world for the world.”
In a special gesture, IGF Founder and Chairman Manoj Ladwa paid tribute to visionary Indian industrialist Ratan Tata who passed away in Mumbai last month.
He said: “I would like to pay tribute to a man, a legend, a great global Indian. Someone who inspired and epitomised a truly Global India, an India confident in herself and her abilities to take her rightful place on the world stage. It is none other than the late, great Ratan Tata.
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“He led the way for Indian business to think beyond borders and appreciate that good business and social good can and must go hand in hand. It’s a vision that has inspired me and has inspired the mission of India Global Forum.”
IGF ME&A convened business leaders, policymakers, investors and innovators from India, the Middle East and Africa to unlock new opportunities for collaboration across several themes, including global partnerships, technology and innovation, and climate and sustainability among others. The forum also explored innovative financial strategies to propel growth in developing markets, especially Africa.
