The 7th Partnership Summit, the flagship international event of the Confederation of Indian Industry (CII) is being held in the city from 9th to 11th January, 2001. Shri N Chandrababu Naidu, Chief  Minister of Andhra Pradesh and Mr. Shimon Peres, Minister of Regional Co-operation & Former Prime Minister of Israel, would also be addressing the inaugural session of the Summit on 9th January. 

Delegates of the Partnership Summit arriving in the city will  head towards the Falaknuma Palace for an exclusive dinner being hosted by RV Krishna Kumar, managing director of Taj Group of Hotels and GV Krishna Reddy, chairman of GVK group of industries. 

Providing a unique forum for forging partnerships worldwide, the 7th Partnership Summit at Hyderabad will play host to key decision makers, bureaucrats, academicians and business leaders from all over the world. More than 120 overseas delegates are expected to participate in various forums. A city steeped in history and marked by the grandeur of the Nizams will see three days of deliberations centered around vital issues facing the global economy. Nations, states, corporates and individuals will network and strategies to harness the power of ideas and forge mutually beneficial partnerships at various levels.

According to CII, the previous six Partnership Summits, held twice in Calcutta and once each in Mumbai, Chennai, Jaipur and New Delhi have regularly featured Heads of State, Ministers and senior Bureaucrats from India and abroad. The Prime Ministers of India, Singapore, Canada, UK and Italy and the Presidents of India and Poland have addressed Partnership Summits since 1995. The Summits have evoked a phenomenal response from governments and business delegations from a number of countries and regions each year. Indian Cabinet Ministers, Chief Ministers, leaders of political parties, academicians, heads of financial institutions and business leaders regularly participate at the summit.

Integrating the global economies, the 7th Summit is expected to play host to high-powered international business delegations from around thirteen countries namely, Belgium, Hong Kong, Indonesia, Israel, Luxembourg, Mexico, South Africa, Singapore, Switzerland, Thailand, United Kingdom (UK), UAE and USA.

Highlighting the issues which would be discussed at the summit, CII stated that in light of the fast changing and fiercely competitive economies, the need for synergy between the old and the new economies has become more pronounced. Therefore, the theme for the seventh Partnership Summit was very apt - 'Old Economy : New Economy - Moving Ahead Together'. In consonance with the theme of the seminar, a special plenary session on 'Leveraging Information for Corporate Growth: How the Old uses the New' has been incorporated in the Partnership Summit. The session would attempt to explore how technology e-enable enterprises in the new economy and how the old economy companies have benefited by harnessing new technologies.

Focusing on the need to create right synergies in the information age and channelise purposefully, a session on India and the IT Revolution has been included during the summit. The session would delve into how the global IT revolution has transformed India and how India could develop its own brand of IT driven change and innovation. The session would also bring to the fore the new technologies that will drive India's growth. Other important subjects, such as WTO, Banking, Infrastructure would be covered during the course of the summit.

While the 20th century is ending with a clear cut trend towards corporate consolidation and business mergers, the 21st century has seen this transferred to the geo-political sphere with regional trading arrangements emerging a basis for trade. To address the challenges posed by these regional arrangements, a session 'Is Regionalism Overtaking Multilateralism' has been organized during the Partnership Summit. The session would also look into whether regional trade agreements present a win-win situation for the global economy.

In order to cater to the challenges emerging with the globalization of economies, sessions encompassing these have been incorporated in the 3-day Partnership Summit. Sessions such as 'Characteristics of Global Corporations' and 'Globalization and Trade Policy: Can one size fit all' and other country specific sessions like Strategy for Trade & Investment between India & Thailand and 'Indo-British Cooperation in the Knowledge Economy have been incorporated.

A special plenary session 'The United States Under the Bush Administration' would attempt to look into avenues and brainstorm on the strategies that need to be adopted for both the countries to move hand in hand for the next 4 years.

Among the galaxy of important overseas speakers who would be addressing the meet are Dr. Supachai Panitchpakdi, Deputy Prime Minister & Minister of Commerce, Thailand; Mr. Mike Moore, Director General, World Trade Organization; Mr. Stephen Byers, Secretary of State for Trade & Industry, Department of  Trade & Industry, UK; and Mrs. Lydie Polfer, Vice Prime Minister and Foreign Minister of the Grand Duchy of Luxembourg among others. Mr. Jim McDermott, Co-Chairman of the Congressional Caucus on India and Indian Americans (Democrat - Washington) and Mr. Edward  Royce, Co-Chairman of the Congressional Caucus on India and Indian Americans, (Republican-California), Ms. Lois Grimsrud Capps, (Democrat - California), Mr. Mark Adam Foley, (Republican - Florida), Mr. Rush Dew Holt, (Democrat - New Jersey) who are the five representatives of the US Congressional Caucus visiting India, would also be sharing their views with the participants.

Other Ministers and senior Indian government officials addressing the 3-day summit would include Yashwant Sinha, Finance Minister of India; Mr. Murasoli Maran, Minister for Commerce & Industry; Mr. Suresh Prabhu, Minister for Power; Ms. Sushma Swaraj, Minister for Information and Broadcasting; Mr. Omar Abdullah Minister of State for Commerce & Industry; Mr. N K Singh, Secretary to the Prime Minister of India; and Mr. K Vidhyadhar Rao, Minister for Major Industries, Commerce & Export Promotion, Government of Andhra Pradesh among others.

Among noted corporate leaders, Mr. Jamshyd N Godrej, Managing Director, Godrej & Boyce Mfg Co Ltd; Mr. Ramesh Gelli, Chairman & Managing Director, Global Trust Bank Limited, Mr. B Ramalinga Raju, Chairman, Satyam Computer Services Ltd. and Mr. Nandan Nilekani, Managing Director and COO, Infosys Technologies Ltd. among others would be present to share their views with the participants.

CM reviews the arrangements for the Partnership Summit- 2001

              -Jan '2001

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