Details of 8th Global Economic Summit 2019 on Services -Enabler of Growth for Trade and Industry to be held at Mumbai from 6-8 March 2019

Posted on : 08-02-2019 | Back | Print

  8th Global Economic Summit 2019 on the theme

‘Services: Enabler of Growth for Trade and Industry’

March 6-8, 2019 at World Trade Centre Mumbai.



All India Association of Industries (AIAI) and  World Trade Centre Mumbai are jointly organizing the 8th edition of the Global Economic Summit on the theme ‘Services in an Evolving Global Economy:  Creating Sustainable Growth by Integrating Agro and Manufacturing’ to be held from March 6-8, 2019 at World Trade Centre Mumbai..


Mr. Suresh Prabhu, Minister for Commerce & Industry, has consented to inaugurate the Summit and deliver the Keynote Address and Mr. Hardeep Singh Puri, Minister of State (Independent Charge), Ministry of Housing and Urban Poverty Alleviation, Government of India has consented to be the Guest of Honour and deliver “Special Address “on this occasion.


Mr. Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra will inaugurate the Summit, besides other dignitaries from State and Central Government and from overseas to address the Summit.


Besides, eminent speakers and policy makers from India and overseas such as Ms. Xiaolin Chai, Director, Trade in Services and Investment Division, World Trade Organization, Mr. Aditya Mattoo, Research Manager, Trade and International Integration, Development Research Group, World Bank, Dr. Rupa Chanda, RBI Chair Professor of Economics, IIM Bangalore, Dr. Ganesh Natrajan, Executive Chairman and Founder, 5F World and Mr. Alkesh Kumar Sharma (IAS), CEO & MD, Delhi Mumbai Industrial Corridor Development Corporation will share their valuable perspectives during the Summit.


Service sector is the largest contributor to the world economy, as it accounts for nearly 70% of global GDP, 60% of world employment and 46% of global exports measured in value-added terms, yet there is further scope of enhancement. At present, the growth of the service sector across the globe is highly uneven. While in the developed countries the service sector has witnessed rapid progress, in many developing and least developed countries (LDCs), the service sector’s contribution to the overall economy remains insignificant. This is largely because world-over several services have not been able to penetrate across sectors. 


The Summit will showcase opportunities for small, medium and large organizations to integrate services in enhancing manufacturing and agriculture sectors. It will also enable governments to enhance their competitiveness in global services by helping them to adopt various social and policy initiatives as well as advancements in information and communication technologies.

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