900 hrs – 1030 hrs

Registration and Seating for the Inaugural Session

1100 hrs – 1200 hrs

Inaugural: 100 years of ASSOCHAM Unlocking New India's potential

Laying the roadmap for the $5 trillion Economy by Shri Narendra Modi, Hon'ble Prime Minister of India

1210 hrs to 1300 hrs

Special Plenary Session with Smt. Nirmala Sitharaman, Hon'ble Finance Minister

Session Theme: $5 trillion would require India's own growth model

1300 hrs to 1345 hrs

Special Plenary Session with Shri Piyush Goyal, Hon'ble Minister of Commerce & Industry & Railways

Session Theme: Strengthening India's global positioning

1345 hrs to 1430 hrs

Lunch Break

1430 hrs – 1515 hrs

Special Plenary Session with Shri Nitin Jairam Gadkari, Hon'ble Minister of Road Transport & Highways & Micro, Small and Medium Enterprises

Session Theme: Driving India's growth engines – MSMEs and Infrastructure

1530 hrs - 1645 hrs

Special Plenary Session with Shri Ravi Shankar Prasad, Hon'ble Minister of Electronics and Information Technology & Communications & Law and Justice

Session Theme: Creating a vibrant regulatory system for New India

1645 hrs - 1730 hrs

Roundtable chaired by Smt Smriti Zubin Irani, Hon'ble Minister for Textile and Woman & Child Development with women MPs and women CEOs

Session Theme: Role of women in New India: A roadmap to $5 trillion economy


India's next phase of growth is dependent on innovation, agility and adaptability. The country is credited with being one of the fastest growing economies in the world, which has been elevated by pioneering reforms. The Government has outlined an economic growth path towards becoming a $5 trillion economy. The country’s economy stands on robust structural ground, which enables the emerging disruptive ideas and newer ventures. As India works towards the $5 trillion target, it is led by a determined Government, supported by strong fundamentals, a vibrant demography and the country’s bountiful entrepreneurial spirit. While the economic situation is currently challenging, both domestically and globally, it also presents an opportunity for the industry, especially the MSMEs, to collaborate closely with the Government as partners in achieving the growth agenda and helping India regain its position as ‘Sone ki Chidiya’.

Keynote Speaker: Shri Narendra Modi, Hon’ble Prime Minister of India
The Indian economy's growth journey has been unconventional as compared to most. It bunked the traditional development map of shifting workforce and economic contribution from agriculture to the manufacturing sector. India shifted directly to services, charting its own roadmap towards high growth. While the Indian government and industry are working towards strengthening the manufacturing and agricultural sectors, the focus on services, especially value addition, would continue to drive employment generation and economic activity. Additionally, the country’s diverse population makes it imperative that the MSME sector become the core of innovation, scale in partnership and service India, along with ‘Made in India’. The journey towards becoming a developed economy necessitates addressing economic and regulatory challenges that impede businesses. It is also important to improve the social and environmental outcomes, such as education, healthcare, inclusiveness and sustainability.

Keynote Speaker: Smt Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs
India's large consumer base and rising purchasing power have established it as a favored market for leading global players across industries. Despite the current economic sluggishness, domestic consumption in India increased 3.5 times in the last decade. At a time when the Indian consumer has access and exposure to global products and brands, Indian businesses are also gaining a strong foothold in the global arena. The country now boasts of having international-domestic brands and an industrial ecosystem which is at par with leading global economies. Over the past few years India has become more open to international investments, than ever before. The improved EoDB rankings are a testament to the country’s efforts towards attracting foreign investors. At the same time, the focus on encouraging a leading domestic start-up ecosystem has opened various avenues for innovation and employment, along with higher economic growth. To drive the agenda of New India, industry and Government should collaborate on creating a highly competitive market, which boasts of strengthened IP investments and serves as a global hub for innovation.

Keynote Speaker: Shri Piyush Goyal, Hon’ble Minister of Railways and Commerce & Industry
Contributing around 29% to India's GDP and 49% to its exports, MSMEs are considered the backbone of the Indian economy. These power engines constitute over 95% of total enterprises of Indian industries. Given their economic and social importance, India’s long term prospects are directly linked to the growth and development of the MSME segment. These enterprises will play a significant role in achieving the vision of a New India, by contributing significantly towards employment generation, gender parity and exports. The MSME segment can also drive India’s innovation and knowledge agenda, which would significantly improve the country’s global competitive positioning. Similarly improving infrastructure is vital for the growth of the Indian economy. Collaboration between Government and private sector will help India reach global benchmarks for infrastructure across key parameters.

Keynote Speaker: Shri Nitin Jairam Gadkari, Hon’ble Minister of Road Transport & Highways and MSME
The vision of New India requires a strong regulatory framework, which can support the economic ambitions of the country. Developing a responsive regulatory framework, with a strong implementation mechanism will improve the domestic business environment, thereby making India more competitive. The next phase of growth makes it essential for India to leverage technology and improve the supporting infrastructure for the justice system. Technology can also help the government to operate with citizen-centricity at its core, especially when citizens expect higher transparency, accessibility, and responsive services from the Government, as they do from the private sector. To achieve a $5 trillion economy, India needs a refreshed regulatory system, especially contract enforcement, to provide an enabling ecosystem for businesses.

Keynote Speaker: Shri Ravi Shankar Prasad, Hon'ble Minister of Law and Justice, Communications and Electronics & Information Technology
As part of its $5 trillion ambition, India must find ways to leverage the talent and entrepreneurial drive of its female population. India is yet to leverage the full potential of its women workforce, as their participation rate is less than half of that of males. Furthermore, the rate for women participation has been falling, as more and more women are dropping out of the workforce, owing to a lack of access to quality education and underlying socio-economic barriers. For India to fulfill its dream of becoming a $5 trillion economy, the country must focus on managing structural constrains, mapping opportunities and assessing the need to reorient its policy framework so as to encourage female participation.

Roundtable chaired by Smt Smriti Zubin Irani, Hon’ble Minister of Textiles and Women & Child Development, with women MPs, Leading women CEOs

Press Release




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