WIEF Brochure - Pre-Event Version

40
Saturday, March 22, 2008 - The Park Hyatt Philadelphia at the Bellevue

description

Brochure for the 12th Annual Wharton India Economic Forum

Transcript of WIEF Brochure - Pre-Event Version

Saturday, March 22, 2008 - The Park Hyatt Philadelphia at the Bellevue

Table of Contents

2 Dean’s Welcome

3 Note from the Chairs

4 Theme

5 About WIEF

6 Maps

8 Keynotes

14 Panel: Retail & Consumer Technology: Selling to the New Indian Consumer

16 Panel: India’s Underprivileged Majority: The Real Development Story

20 Panel: Infrastructure: Opening the Floodgates

22 Panel: The Indian Diaspora

26 Panel: Investing in India: The Maturation Process, What’s Next?

28 Panel: India’s New Mandate: Addressing the Health Care Paradox

34 Organizing Committee

35 Notes

2 The 12th Annual Wharton India Economic Forum

Dean’s Welcome

I am delighted to welcome you to the 12th Annual Wharton Indian Economic Forum. The

breadth and depth of our audience today is most impressive—as is their knowledge of India—

with top business executives, government officials and policymakers, as well as leading aca-

demics from Wharton and around the world. We are especially honored to have as a keynote

speaker Dr. A.P.J. Abdul Kalam, former president of India and a renowned scientist. Together

we share a common mission: first, to create and disseminate new and useful knowledge that

will improve business practices in India, and, second, to assist and encourage global corpo-

rations in supporting sustainable growth of the Indian economy.

For more than 125 years, Wharton has been global in its focus and actively engaged in the

world community. As we explore promising future opportunities for the Indian economy,

Wharton brings to this task unparalleled intellectual capital, as well as a desire to strengthen

and expand our connections to India.

Our roots in India are longstanding and continue to grow each year. Our alumni base in In-

dia is extensive and actively engaged, with an ever-increasing enrollment of Indian students

in our undergraduate, MBA and doctoral programs. Much of our academic focus on India

has been spearheaded by several senior Indian scholars on our faculty, who, along with

other Wharton faculty, conduct cutting-edge research on Indian firms and issues. This past

year, Wharton was proud to renew its association with the Indian School of Business, and to

launch the ISB-Wharton Joint Research Initiative. In addition, we have welcomed to campus

several leading figures in the Indian economy, including Finance Minister P. Chidambaram

and Arcelor Mittal President and CEO Lakshmi Mittal.

Opportunities presented by this conference, as well as such resources as India Knowledge@

Wharton (http://knowledge.wharton.upenn.edu/india), our biweekly online business journal

specifically for India, advance our commitment to India. I encourage you to engage deeply

in today’s discussions to gain additional insights into how you can be involved in conceptual-

izing, envisioning and driving the future of India.

Sincerely,

Thomas S. Robertson

Dean and Reliance Professor of Management and Private Enterprise

The Wharton School of the University of Pennsylvania

india | imagine 3

Note from the Chairs

On behalf of the organizing committee, it is our privilege to welcome you to the 12th Annual Wharton India Economic Forum.

Our conference theme this year is “India | Imagine”. It is our hope that this conference will not only give you a glimpse of what lies ahead of

India, but also inspire you to join us in imagining India’s prospects, the imperative needs, and the surrounding issues. We aspire to be a forum

for discussing not just India’s economic prospects in the world, but also how it can be a politically active and socially responsible power.

Past forums have duly focused on how to mobilize and prepare India, as a nation, to define and deliver on its incredible potential and the

expectations that come with it. We now take this discussion a step further and explore new frontiers for India as it establishes itself firmly on

the world stage. Our aim at this Conference is to foster a creative dialogue to understand India’s abilities to transcend expectations and realize

its true place in the world.

We bring together some of the most illustrious professionals, businessmen and government officials to help us in this endeavor. Thought

leaders will urge you to deliberate beyond the conventional, entrepreneurs will share their success stories and policy makers will give insights

into government perspectives. Keynote speeches and panel discussions will celebrate achievements as well as address topics of concern in

areas such as rural development, healthcare and infrastructure.

We would like to take this opportunity to thank all our sponsors and promotional partners for their generous support and hope to continue

these relationships in the years ahead. We also express our gratitude to the entire WIEF organizing committee, collectively responsible for

bringing this event to fruition.

As the leading business forum and premier student run conference focused on India, we strive to live up to your expectations and hope you

have a memorable WIEF experience. We wish you an exciting and eventful day and look forward to having you with us again next year!

Conference Chairs

Karishma Mehta - Akshay Madhavan - Vivek Garg - Abhishek Gupta

4 The 12th Annual Wharton India Economic Forum

Theme

Imagine. A country of over a billion people believing in their ideas.

“There is nothing more powerful than an idea whose time has come”. Ideas are at the center of the India story. Whether it is the Indian

entrepreneur creating a new wave of jobs, or the new world class aviation industry that India boasts of – we have imagined and we have

achieved. A burgeoning middle class leading to expansive growth in retail was just an idea a decade back. An India deficient in healthcare

infrastructure, stepping forward to becoming a global provider of quality healthcare, is just an idea today. Imagination is at the core of this

confident India.

India needs imagination not only to seize opportunities, but also to take on challenges. It needs ideas to overcome poor governance,

inspiration to nurture the largest number of malnourished children in the world, and initiatives to involve the massive rural population in the

country’s growth.

Throughout the ages, India has furthered conceptions and altered perceptions. At this important juncture, we need to think beyond the

ordinary, and actualize every facet of our immense potential. Pandit Nehru’s words aptly capture our mood, “The future beckons to us.

Whither do we go and what shall be our endeavor?”

india | imagine 5

About WIEF

Wharton India Economic Forum was launched in 1996 at The Wharton School with a mission to engage the world’s attention on India’s

enormous potential and the limitless possibilities the country offers. India’s evolution both as an emerging economic power and as an

increasingly important contributor to the global community has helped the Conference to broaden its perspectives. Since the first forum,

WIEF has stimulated energetic dialogue between current and future leaders from various walks of economic, social and political life, and has

been covered in over twenty-five leading global newspapers and magazines. Every year it brings together professionals, faculty and students

to share their views and suggestions on the economic, social and political issues impacting India and its aspirations to play a larger role in

world affairs.

Some Past Conferences:

11th Wharton India Economic Forum: “Realizing the Indian Dream”

Rahul Bajaj, Chairman, Bajaj Auto

Rajat Gupta, Former Worldwide Managing Director, McKinsey & Co.

Patrick T. Harker, Dean, The Wharton School, University of Pennsylvania

Shashi Tharoor, Under Secretary General, United Nations

10th Wharton India Economic Forum: “India’s Mantra for Success”

Ahmass Fakahany, Vice-Chairman and Chief Administrative Officer, Merrill Lynch

Deepak Parekh, Chairman, HDFC

Charles (Chip) Kaye, Co-President, Warburg Pincus

9th Wharton India Economic Forum: “The Dawn of An Indian Century”

Vivek Paul, Vice-Chairman, Wipro

Kiran Mazumdar-Shaw, Chairperson, Biocon

Lord Meghnad Desai, Member of the House of Lords, UK

K.P. Singh, Chairman, DLF Universal Group

8th Wharton India Economic Forum: “India: Investment for the Future”

Sam Pitroda, Chairman, World Tel Ltd. and Founder, C-Sam Inc.

Ramalinga Raju, Chairman, Satyam Computers Limited

Jay S. Sidhu, Chairman, President & CEO, Sovereign Bancorp and Sovereign Bank

Frank G. Wisner, Vice Chairman, AIG and Former US Ambassador to India

7th Wharton India Economic Forum: “Growth in Uncertain Times: Innovation and Globalization”

Mukesh Ambani, Chairman and MD, Reliance Industries

Sunil Mittal, Chairman and MD, Bharti Enterprises

Arshad Zakaria, EVP & Co-President of Global Markets & Investment Banking, Merrill Lynch

6 The 12th Annual Wharton India Economic Forum

Maps

The Park Hyatt Philadelphia at the Bellevue

7:00 AM - 8:00 AM Breakfast and Registration

(Grand Ballroom Foyer)

8:00 AM - 8:15 AM Inaugural Address

(Grand Ballroom)

8:15 AM - 09:00 AM Opening Keynote

(Grand Ballroom)

9:15 AM - 10:30 AM India’s Underprivileged Majority

(Red and Clover)

10:45 AM - 12:00 PM Indian Diaspora

(Red and Clover)

12:00 PM - 12:40 PM Lunch (Grand Ballroom)

12:40 PM - 12:50 PM Jet Airways Company Presentation

(Grand Ballroom)

1:00 PM - 1:45 PM Lunch Keynote

(Grand Ballroom)

2:00 PM - 3:30 PM India’s New Mandate

(Red and Clover)

3:30 PM - 4:45 PM Closing Keynote

(Grand Ballroom)

5:00 PM - 6:30 PM Networking Reception

(Conservatory)

india | imagine 7

9:15 AM - 10:30 AM Retail & Consumer Technology (Rose Garden)

10:45 AM - 12:00 PM Infrastructure (Rose Garden)

2:00 PM - 3:30 PM Investing in India (Rose Garden)

8 The 12th Annual Wharton India Economic Forum

Keynotes

Dr. APJ Abdul KalamFormer President of the Republic of India

Dr. Avul Pakir Jainulabdeen Abdul Kalam is one of the most distinguished scientists of India with

the unique honor of receiving honorary doctorates from 30 universities and institutions. He has

been awarded the coveted civilian awards - Padma Bhushan (1981) and Padma Vibhushan (1990)

and the highest civilian award Bharat Ratna (1997). He is a recipient of several other awards and

Fellow of many professional institutions.

Dr. Kalam was responsible for the evolution of ISRO’s (Indian Space Research Organization)

launch vehicle program. He made significant contribution as Project Director to develop India’s

first indigenous Satellite Launch Vehicle (SLV-III) which successfully injected the Rohini satellite in

the near earth orbit in July 1980 and made India an exclusive member of Space Club.

Dr. Kalam is also credited with developing Indigenous Guided Missiles at Defense Research and

Development Organization as the Chief Executive of Integrated Guided Missile Development

Program (IGMDP). He was responsible for the development and implementation of AGNI and

PRITHVI Missiles. Additionally, he served as the Scientific Adviser to Defence Minister and

Secretary, Department of Defense Research & Development from July 1992 to December 1999.

During this period he led to the weaponization of strategic missile systems and the Pokhran-

II nuclear tests in collaboration with Department of Atomic Energy, which made India a nuclear

weapon State.

Dr. Kalam’s focus is on transforming India into a developed nation by 2020. Four of his books,

Wings of Fire, India 2020 - A Vision for the New Millennium, My Journey and Ignited Minds -

Unleashing the Power Within India, have become household names in India and among the Indian

nationals abroad. These books have been translated in many Indian languages.

Dr. Kalam became the 11th President of India on 25th July 2002.

india | imagine 9

Vinod K. DhamFounder and Executive Managing Director

NEA-IndoUS Ventures

Acclaimed worldwide as the “Father of the Pentium Processor”, Vinod K. Dham is the Founder and

Executive Managing Director of NEA-IndoUS Ventures, an India focused venture fund aimed for

early stage investments in India.

Mr. Dham is also a Co-Founder and Managing Director of NewPath Ventures, LLC, a $130m Indo-

US venture capital fund focused on cross-border incubations.

Prior to NEA-IndoUS and NewPath, Mr. Dham was the Chairman, President and Chief Executive

Officer of Silicon Spice Inc., a start-up involved in developing innovative “Voice over Internet”

technologies for the emerging VOIP market. Silicon Spice was acquired by Broadcom Corporation

for $1.2B.

Mr. Dham spent the early years of his career at Intel Corporation where he rose to be the Vice

President and General Manager of the Microprocessor Products group. He managed the Pentium,

486 and 386 Microprocessors businesses, and generating multi-billion dollar revenues and profits.

Earlier, Mr. Dham was responsible for developing Non-Volatile memory technologies at Intel and

NCR. He is a co-inventor of Intel’s Flash memory technology.

After 16 years at Intel Corporation, Mr. Dham joined a Microprocessor start-up, “NexGen”, as its

Chief Operating Officer. Mr. Dham was instrumental in redefining Nexgen’s processor direction

and engineering its merger with Advanced Micro Devices. At AMD, Mr. Dham became the Group

Vice President responsible for all of the Microprocessor businesses, felped lay the foundation for

their Microprocessor product development, and oversaw the launch of K6, then the world’s fastest

windows processor.

In 1993, Mr. Dham was named one of the top 25 executives in the US computer industry. In 1999,

he was named one of the top 100 most influential Asian Americans of the decade. In 2000, Mr.

Dham was appointed to serve on the US President’s Advisory Commission on Asian Americans

and Pacific Islanders. Over the years Mr. Dham has been involved in many non-profit activities.

He served as a Board member for The Indus Entrepreneur (TIE), an organization for promotion

of Entrepreneurships. He is on the board of the American Indian Foundation (AIF), charged with

mission of accelerating social and economic change in India and has served as their trustee in the

past.. He has been a major supporter of India Community center (ICC), focused on enriching lives

and building Indian community in Silicon Valley and has helped launch the Indo-American Council

(IAC),a platform for helping bring indo-Americans in US to participate in mainstream politics.

Mr. Dham serves on the Boards of Satyam, Sasken, InSilica, Nevis, Telsima Montalvo, Minekey

and ISGN.

Mr. Dham has a Bachelors and Masters Degree in Electrical Engineering.

10 The 12th Annual Wharton India Economic Forum

Tejpreet S. ChopraPresident and CEO

GE - India, Sri Lanka, Bangladesh

Tejpreet S. Chopra is the President and CEO of GE in India, and is responsible for directing GE’s

strategies for growth in the country.

Having held various business roles over a period of 15 years in France, England, Hong Kong, India

and USA, Mr. Chopra brings considerable management and global finance experience to this

position.

Prior to assuming his current role, Mr. Chopra served as President & CEO of GE Commercial

Finance in India. During his tenure he successfully restructured and expanded the business thereby

establishing GE Commercial Finance as one of the premier financial institutions in India.

Since joining GE in 1996, he has held positions in marketing, structured finance and risk

management, in Stamford and Hong Kong for GE Commercial Aviation Services (GECAS). In 2005,

he moved from the unit’s headquarters in Stamford, Connecticut, to open GECAS’s, office in Delhi.

As Senior Vice-President and Country Head-India for GECAS, Mr. Chopra arranged over US$1

billion in financing for India’s growing airline industry.

Mr. Chopra is involved in various industry associations. He is a member of the National Council of

the Confederation of Indian Industry (CII), and on the National Executive Board of the American

Chamber of Commerce in India (AMCHAM).

He graduated from The Lawrence School, Sanawar. Mr. Chopra holds a MBA degree from Cornell

University and a B.A. Honors degree in Economics from St. Stephen’s College, Delhi University.

Mr. Chopra resides in Delhi with his wife Itiva. He enjoys golfing and used to swim at the national

level in India.

Keynotes

india | imagine 13

Cisco is the leading supplier of networking equipment and network

management for the Internet. Since the company’s inception, Cisco

engineers have been leaders in the development of Internet Protocol

based networking technologies. Today, with more than 63,050 employees

worldwide, this tradition of innovation continues with industry-leading

products and solutions in the company’s core development areas of

routing and switching, as well as in other advanced technologies.

We Thank the Following Panel Sponsors

India’s Underprivileged Majority: The Real Development Story

The Indian Diaspora

Retail & Consumer Technology: Selling to the New Indian Consumer

Infrastructure: Opening the Floodgates

India’s New Mandate: Addressing the Health Care Paradox

Investing in India: The Maturation Process, What’s Next?

AIS is the largest integrated glass company in India, manufacturing a

wide range of international quality automotive safety glass, floatglass,

architectural processed glass and glass products.

A emerging markets fund focusing on event-driven/distressed/special

situation investments in India.

Bank of India is one of India’s oldest public sector banks, founded in

1906. The Bank has 2,644 branches in India spread over all states/ union

territories including 93 specialized branches. It was the first Indian Bank

to open an international branch in London in 1946. The Bank has sizable

presence internationally with a network of 23 branches including London,

New York, Paris, Tokyo, Hong-Kong and Singapore.

MAPE is a mid market investment bank focused on M&A, Capital

Raising and advisory services to public and private companies in the

Pharmaceuticals, Technology, Financial Services and Engineering

sectors. Its key subsidiaries include MAPE ADMISI (JV with ADM

focused on Brokerage services) and MAPE GROUP LLC (Cross Border

Transaction services).

Khubchandani Group has diverse interests in Real Estate Development,

Healthcare, Hospitality, Education, Retail and Leisure. The group is

currently developing two major hospitals and a med city in Mumbai,

India.

14 The 12th Annual Wharton India Economic Forum

Rajeev Karwal

Founder and CEO

Milagrow Business and Knowledge Solutions

In a career spanning over 24 years, Mr. Rajeev Karwal

has worked on startups, turnarounds and more. He

has worked in India and abroad with companies like LG, Philips, Onida

and Electrolux. After stepping down from the post of President & CEO, of

the Consumer Durables Vertical of Reliance Retail he founded Milagrow

Business and Knowledge Solutions to help the Micro Small and Medium

Enterprises with its unique ‘Venture Catalyst’ approach. Mr. Karwal

heads the Retail Panel ‘Chief Ministers Group’ at FICCI to influence the

framing of the right policy framework for the growth of the retail sector in

India. For 2006-07 he is on CII’s national core committee on Retail and

National Chair, Integrity India Campaign, CII for 2007-08. He also heads

the Incubation for National Innovation Foundation since 2007. Rajeev

firmly believes long-term success can occur only if an organization

constantly aligns to/shapes the consumer needs/expectations. Rajeev

also reflects his thoughts on his blog at www.rajeevkarwal.com.

Panel

Retail & Consumer Technology: Selling to the New Indian Consumer

This panel examines selling to the Indian consumer. How must we understand the change in the Indian consumer’s spending habits? Have foreign

and Indian firms reacted to these changes and the ever burgeoning middle class consumer base? What strategies are going to work, moving forward?

How does the government fit into the picture? How does the distinctive Indian market, with its unique income distribution across age groups, along

with the cultural and social differences across geography and class, influence company strategies?

Erin Armendinger (Moderator)

Managing Director

Jay H. Baker Retailing Initiative

The Wharton School

Erin Armendinger is the Managing Director of the

Jay H. Baker Retailing Initiative at the Wharton School. In this role Ms.

Baker is responsible for forming bonds between students, retail leaders

and academics. Ms. Baker joined the Baker Retailing Initiative in July

of 2007. Prior to this, Ms. Baker was the Manager of Business Process

Improvements in the Supply Chain group at Tiffany and Co. Prior to

taking on this role Ms. Baker was the Category Manager for Tiffany’s

signature Engagement business and managed a Strategy group in the

Merchandising division. Ms. Baker began her career in the Financial

Services industry. Ms. Baker has an undergraduate degree in Economics

and International Relations from American University and an MBA from

The Wharton School.

Sunil Dutt

Country Head

Samsung Mobile India

Mr. Dutt is responsible for spearheading the sales

and marketing function for both Samsung GSM and

CDMA mobile business in the country. A post graduate in management,

Mr. Dutt brings with him 23 years of rich and varied work experience,

having worked in organizations like Philips India, Wipro Limited, Whirlpool,

Barista and Nokia. Prior to joining Samsung, he worked at Nokia India as

Director, Sales, where he was responsible for driving sales and building

the strong distribution and retail backbone for the Company. Mr. Dutt has

been actively involved with the growth of Indian mobile Industry and has

been one of the pioneers in building the channel /distribution for mobiles,

driving penetration and retail development for mobile handset business

in the country. Having been associated with the telecom industry since

2002 he has deep knowledge of the Indian telecom market.

india | imagine 15

V. Ramachandran

Director Sales & Marketing

LG Electronics India Pvt. Ltd

Mr. V. Ramachandran is a veteran in the sphere

of sales and marketing of consumer products. He

brings with him rich experience of over 2 decades gained during his

tenure of working with reputed brands across various industries, handling

key profiles in international business, general management, brand

development, consumer insight and strategic network development.

At LG, Mr. Ramachandran has been spearheading LG’s Sales and

Marketing team and is responsible for enhancing both internal and

external competitiveness and growth of the company. His vast exposure

to international markets will help LG India to gain global competencies

in the arena of brand innovation and marketing. His core skills include

understanding key consumer behavior and strategy implementation

which will play a vital role in taking LG’s association with consumers

and trade partners to the next level. He earned his Master’s Degree from

Somaiya Institute of Management, Mumbai and is a graduate in Science

from University of Mumbai.

Sponsored By:

Arvind Singhal

Chairman

Technopak

Mr. Singhal has been the Chairman of Technopak

Advisors since 2006. Prior to this, he was Managing

Director of KSA Technopak (1996-2005) and Technopak (1991-1996). He

has also held positions at DCM Group, DCM Data Products, VXL India

Ltd. and Modern Suitings. Technopak Advisors is an India based leading

Management Consultancy firm focusing on the Fashion (Fiber to Retail),

FMCG, Other Retail, & Healthcare sectors. Technopak is also a pioneer

in tracking Consumer/Retail trends in India and publishes several well

known studies such as Indian Consumer Trends, India Luxury Trends,

and India Retail Report etc. Mr. Singhal is professionally active at

various professional associations and industry fora, and is also a regular

contributor to various publications including a bi-weekly column for

Business Standard. He is acknowledged as one of the foremost experts

on the Indian and International textile and retail sectors and regularly

addresses Indian and International conferences. He has also given guest

lectures at various leading Institutions in India e.g. IIM-Ahmedabad, IIM-

Kozhikode, IIM - Lucknow, IIM - Indore, IIM - Kolkata, Indian School of

Business - Hyderabad, MDI (Gurgaon), NITIE (Mumbai), NIFT (Delhi), IIT

- Kanpur, IIT- Delhi, IIT - Roorkee, NID - Ahmedabad etc. Mr. Singhal

has Bachelor of Engineering (Electronics & Communication), from Indian

Institute of Technology, Roorkee (formerly University of Roorkee) and an

MBA (Finance & Marketing) from UCLA.

16 The 12th Annual Wharton India Economic Forum

Shanta Devarajan

Chief Economist

World Bank’s South Asia Region

Shantayanan Devarajan is the Chief Economist of

the World Bank’s South Asia Region. Since joining

the World Bank in 1991, he has been a Principal Economist and Research

Manager for Public Economics in the Development Research Group,

as well as the Chief Economist of the Human Development Network.

He was the Director of the World Development Report 2004, Making

Services Work for Poor People. Before 1991, he was on the faculty of

Harvard University’s John F. Kennedy School of Government. The author

or co-author of over 100 publications, Mr. Devarajan’s research covers

public economics, trade policy, natural resources and the environment,

and general-equilibrium modeling of developing countries. Born in Sri

Lanka, Mr. Devarajan received his A. B. in mathematics from Princeton

University and his Ph. D. in economics from the University of California

at Berkeley.

Panel

India’s Underprivileged Majority: The Real Development Story

This panel aims to understand the dichotomy that is India. How is it that it continues to remain an underdeveloped country while having the fourth

largest economy in terms of purchasing power parity? What explains this paradox? We aim to explore the reasons behind the widening gap between

India’s rising middle class and its underprivileged majority and examine possible measures that can be taken to alleviate the situation.

Vikram Akula

CEO and Founder

SKS Microfinance

Vikram Akula is the Founder of CEO of SKS

Microfinance, one of the leading microfinance

institutions in the world. In 2006, Vikram was named by TIME Magazine

as one of the world’s 100 most influential people. Vikram launched SKS

in 1998 because a fundamental flaw he saw with microfinance—namely,

its inability to scale to large numbers. Vikram identified three constraints

to scaling, the three “Cs”: lack of capital, capacity constraints, and the

high costs of delivering micro-loans. He then set up SKS to overcome

this challenge on the basis of three innovative principles: (1) using a

profit-oriented model to overcome capital constraints (2) leveraging

best practices for scaling from the business world to overcome capacity

constraint (3) using technology to automate processes and lower costs.

Using these three inter-linked principles, SKS has been able to scale in an

unprecedented manner—having provided over $440 million in unsecured

loans and micro-insurance products to 1.7 million poor women and

their families spread across 20,000 villages and slums of India while

maintaining a 99% repayment rate. SKS adds over 50 new branches

and 120,000 new customers every month, growing at annual rate of

200%, one of the fastest in the industry. This pace has attracted equity

investments from premier venture capitalists including Vinod Khosla (co-

founder of Sun Microsystems), Sequoia, (early investor in companies

such as Cisco, Yahoo and Google) and Ravi Reddy (co-founder of Think

Systems). A former management consultant with McKinsey & Company,

Vikram holds a B.A. from Tufts, an M.A. from Yale, a Ph.D. from the

University of Chicago, and was a Fulbright Scholar. He has received

several awards, including the Schwab Social Entrepreneur of the Year

(India), the Ernst & Young Start-Up Entrepreneur of the Year (India) and

he has been profiled in media ranging from CNN to front page of the Wall

Street Journal.

india | imagine 17

Ravi Kuchimanchi

Founder

Association for India’s Development (AID)

Ravi Kuchimanchi founded the Association for

India’s Development (AID) in 1991, while a graduate

student at the University of Maryland, with the vision “problems are

interconnected, so must be the solution.” AID has matured into a

volunteer movement for sustainable, holistic development with 50

chapters in USA, Australia and India. It brings highly skilled professionals

such as the Non-Resident Indian community, to partner with the poor,

and underprivileged so that there is a deeper understanding of causes

beyond the mere symptoms of poverty. With his collaborators Ravi

developed the pedal power generator to light remote, off-the-grid village

schools where students take turns to pedal. Demand for alternate energy

in the Narmada river valley in western India, where there is an ongoing

struggle against large dams such as the Sardar Sarovar, led Ravi to forge

a collaboration between AID and grassroots groups such as People’s

School of Energy, Narmada Bachoa Andolan and Sarvodaya centre,

that electrified 12 hamlets of the tribal village Bilgaon. This inspired the

Bollywood film Swades (2005) that became a symbol for Non-Resident

Indians interested in India’s development. Recently, Ravi has been

interested in Indian democracy’s latest achievement -- the Right to

Information (RTI) Act, which gives citizens of India access to government

documents and increases transparency. This, along with the National

Rural Employment Guarantee Act (NREGA), which promises 100 days

of work to all rural families, with an annual budget of $3 billion, has the

potential to change the face of India. With collaborators in the Indian

state of Orissa, he has conducted audits of the government employment

program where significant parts of the funds were being siphoned off by

contractors and officials. Ravi has a B.Tech in Civil Engineering from Indian

Institute of Technology, Mumbai and a PhD in Physics from University of

Maryland. He did his postdoctoral work in theoretical particle physics at

University of Virginia. He has published several papers in international

physics journals including Physical Review Letters..

Sponsored By:

Indira Rajan

Chairperson & Managing Director

Minerva Group of Educational Institutions

Indira Rajan is the Chair person and Managing

Director of Minerva Group of Educational Institutions,

acclaimed for promoting institutions providing value Oriented Education.

She is the Executive Trustee of Global Educational Foundation, a venture

for promoting Higher Education. Her organizational acumen has made

her the Executive Trustee of National Institute of Education Research

and Training, New Delhi. She is the Vice President of Kerala CBSE School

Association. Mrs. Rajan is the chair person of Sat Bhavana, a charitable

organization constituted in 1998, sponsoring education facilities for

needy and deprived students in the state, aiding moral and physical help

for physically challenged. She initiates activities of women empowerment

and environmental awareness. Mrs. Rajan is the Global President of

World Malayalee Council Women’s Forum, an organization of Keralites

across the globe. She is organizing and campaigning for a project called

”Pariraksha”, a mother and child care project for promoting the existing

standards of women and child health in hospitals across the state of

Kerala in India. Mrs. Rajan has the honor of receiving many research

awards for her commendable work in education. She was awarded the

National Award for Best teacher in 2002 for Innovative Teaching Methods

and the Sat Bhavana Award for excellence as a social activist in 2005.

She was felicitated by Honorable former President Dr A.P.J Abdul Kalam

for instilling nationalistic fervor among children at Rashtrapati Bhavan,

New Delhi on July 18, 2007. She was also invited as the “Women

Ambassador of Kerala” to USA in 2006 where she presented paper on

the role of women in socio–economic development in the past 50 years.

She is a post-graduate in History and English and has acquired Masters

in Education from The University of Kerala, India

ml.com/careersml.com/diversity

Merrill Lynch is proud to be a Gold Sponsor of the Wharton India Economic Forum

When we join forces with anotherforward-thinking organization, progress is inevitable.

impressive achievements

innovative vision

partnership and collaboration

strong leadership

[ ]

Merrill Lynch is an equal opportunity employer.

MERRL42552 2/22/08 11:25 AM Page 1

20 The 12th Annual Wharton India Economic Forum

Anil Baijal

Senior Advisor

IDFC

Born on 16th October, 1946, Mr. Baijal joined the

Indian Administrative Service in 1969. He retired

from government service in October, 2006 as Secretary, Ministry of Urban

Development, Government of India. In that Ministry, he anchored the

designing and roll-out of the flagship programme of Jawahar Lal Nehru

National Urban Renewal Mission (JNNURM) with federal grant of about

US dollars 12 billion, for improvement of infrastructure and provision of

basic services in urban areas of India. In his long service career spanning

over 37 years, Mr. Baijal has held various important assignments like that

of the Union Home Secretary; Chairman & Managing Director , Indian

Airlines; Chief Executive Officer, Prasar Bharti Corporation( Broadcasting

Corporation of India); Vice-Chairman, Delhi Development Authority;

Development Commissioner,Goa and Counselor in-Charge of Indian

Aid Programme in Nepal. After retirement from Government service,

Mr. Baijal is working as Sr. Advisor in the Infrastructure Development &

Finance Company Ltd. (IDFC). He has also set-up his own consultancy

firm - the Urban Space Consultants Ltd., which provides advisory

services in spatial planning, issues of urban governance and investment

opportunities in the urban sector in India.

Panel

Infrastructure: Opening the Floodgates

Infrastructure in India has witnessed explosive growth over the past few years. This panel will address the commercial viability of building infrastructure,

the role of FDI in this sector and also focus on investments in non-cosmopolitan regions.

Vikram Limaye (Moderator)

Executive Director

IDFC

A Chartered Accountant and an MBA from the

Wharton School of the University of Pennsylvania,

Mr. Vikram Limaye joined IDFC as Executive Director in March 2005. Mr.

Limaye has over eighteen years of experience with Global Investment

Banks, Foreign Banks and Global Accounting Firms. Prior to joining

IDFC, Mr. Limaye was with Credit Suisse First Boston (CSFB) in USA in a

variety of roles in investment banking, capital markets, structured finance

and credit portfolio management. Mr. Limaye began his corporate career

with Arthur Andersen in Mumbai and has also worked with the Business

Advisory Services Group at Ernst and Young and the Global Consumer

Banking Group at Citibank N.A.

india | imagine 21

Nasser Munjee

Chairman

Development Credit Bank Ltd.

Nasser Munjee is the non-executive part-time

Chairman of Development Credit Bank Ltd. (DCB).

Prior to joining DCB, Mr. Munjee was with Infrastructure Development

Finance Corporation (IDFC) as its Managing Director and CEO. Earlier, he

served as the Executive Director of the Board of Housing Development

Finance Corporation (HDFC) which he continues to be along with 14

other companies and several other institutions as Chairman, Member of

the Board or as a Trustee. Mr. Munjee is a Technical Advisor on the World

Bank - Public Private Partnership Infrastructure Advisory Fund, Member

of the Board of Emerging Markets of South Asia Fund (EMSAF), Trustee

of HSBC Asset Management Trust and an Advisor to Primary (Quantum)

Real Estate Fund. He holds a Bachelor’s degree from the University of

Chicago and a Master’s degree from the London School of Economics,

U.K.

Sponsored By:

EIGHT CAPITAL

G.V. Sanjay Reddy

Vice Chairman

GVK Industries Ltd.

Mr. Sanjay Reddy is the Vice Chairman of GVK

Industries Limited as well as MD of Mumbai

International Airport Private Limited, MD & CEO of GVK Biosciences

Private Limited, Director of Gautami Power Limited, Director of GVK

Power & Infrastructure Limited and Director of Taj GVK Hotels. Mr. Reddy

received his Bachelor of Industrial Engineering from Purdue University,

West Lafayette before going on to receive his MBA (Finance & Corporate

Strategy) from University of Michigan, Ann Arbor. As Vice Chairman of GVK

Industries, he oversees one of India’s largest infrastructure developers

spanning Power, Roads, Airports, Ports, SEZs and Urban Infrastructure.

It has the proud distinction of setting up: India’s First Independent Power

Project at Jegurupadu, Andhra Pradesh in 1996; India’s First 6 Lane BOT

Expressway from Jaipur to Kishangarh in Rajasthan; and the privatization

& modernization of India’s most prestigious Infrastructure Project, the

Chhatrapati Shivaji International Airport, which is India’s largest airport

in Mumbai and the gateway to the country. He was also nominated as a

Young Global Leader for 2007 by the World Economic Forum.

22 The 12th Annual Wharton India Economic Forum

Deo has also worked in India’s Diplomatic Missions in Washington DC,

Bangkok and Rome.

Zarin Mehta

President and Executive Director

New York Philharmonic

Zarin Mehta, one of the world’s leading arts

administrators, was appointed Executive Director

of the New York Philharmonic in September 2000, and received the

additional title of President in June 2004. Mr. Mehta has continually

sought to enrich and broaden the musical experience of Philharmonic

audiences both in the U.S. and abroad by fostering an active

commissioning program, instituting innovative series of lectures and

discussions, and overseeing major international Orchestra tours. He

has maintained the Philharmonic’s preeminent position in the cultural

life of New York through the Free, Annual Memorial Day Concerts at the

Cathedral Church of St. John the Divine and the New York Philharmonic

Concerts in the Parks, and has made outreach to young people a

priority, continuing the famed Young People’s Concerts, expanding the

Orchestra’s extensive educational activities, which include a School

Partnership Program and School Day Concerts, and introducing a new

series, Very Young People’s Concerts, for children ages 3–5. In addition,

he has expanded the Orchestra’s national radio broadcasts, The New

York Philharmonic This Week, to 52 weeks a year, and added the popular

Summertime Classics series to the Orchestra’s schedule. Also on his

watch the Philharmonic became the first American symphony orchestra

to have a regular presence on European radio, where 10 concerts per

year are broadcast on BBC Radio 3, with further distribution through

the European Broadcasting Union’s Euroradio satellite network. Prior

to his New York Philharmonic appointment, Mr. Mehta was president

and chief executive officer of Chicago’s Ravinia Festival (1990–2000),

where he remains a Lifetime Trustee. Born in Bombay, he qualified

as a chartered accountant in 1962 in England and moved to Canada

to join the firm of Coopers & Lybrand. While a partner there, he joined

the Montreal Symphony Orchestra Board of Directors, and in 1981,

was appointed managing director. He is the son of the late violinist and

Bombay Symphony Orchestra founder, Mehli Mehta, and the brother of

conductor Zubin Mehta, former New York Philharmonic Music Director.

Panel

The Indian Diaspora

The Indian Diaspora’s continued achievements in science, cinema, business and politics in the international arena are an important contribution to

India’s growth. This panel will attempt to understand the Diaspora’s expectations from India in order for its participation in India’s growth story to be

greater.

Shibani Joshi (Moderator)

Reporter

FOX Business Network

Shibani Joshi joined FOX Business Network (FBN)

in September 2007 as a reporter. To her role,

Joshi brings experience in investment banking, strategy and business

development. Joshi began her career as an investment banking analyst at

Morgan Stanley, where she worked on merger, acquisition and corporate

finance deals in the real estate sector. Her experience includes working

on the first privatization of a REIT, a deal which was awarded Institutional

Investor’s deal of the year distinction. From 2004 to 2006, Joshi held the

position of Senior Manager in Strategy and Business Development at

Disney/ABC Media Networks where she worked on the launch of ABC

News Now and helped develop the firm’s global digital media strategy.

Joshi left the corporate world to pursue journalism as a producer

in New York at Reuters Television and TIMES NOW, the joint venture

news channel with The Times of India, where she was responsible for

producing news packages and interviews broadcast all over India. She

has also served as the host of ImaginAsian TV’s The Pulse South Asian

variety show and contributed to ABCNews.com and ABC News Now

covering technology and business stories. She began her journalism

career as a news production assistant at CNNfn where she contributed

to Lou Dobbs Moneyline and CNN Money Morning. Joshi holds an MBA

degree from Harvard Business School. She also earned a bachelor’s

degree in finance and accounting at the University of Oklahoma. Joshi

is a native of Oklahoma City.

Neelam Deo

Consul General of India, New York

Ms. Neelam Deo is a career diplomat of the Indian

Foreign Service with over three decades in the Indian

Diplomatic Corps. She took over as the Consul

General in the Consulate General of India, New York in October, 2005.

Previously, she was been India’s Ambassador to Denmark and Ivory

Coast, with concurrent accreditation to Sierra Leone, Niger & Guinea.

Prior to her assignment in New York, she was Head of the Bangladesh,

Sri Lanka and Myanmar Division in the Ministry of External Affairs, New

Delhi, dealing with India’s overall relations with these countries. Ms.

india | imagine 23

Sanjay Puri

Chairman

U.S. India Political Action Committee

(USINPAC)

Sanjay Puri is a recognized authority on US-India

relations. Mr. Puri is the Chairman of the US India Political Action

Committee (USINPAC), a national, bipartisan political action committee

representing over 2 million Indian Americans. USINPAC works closely with

Members of the US Congress of both parties, as well as the administration,

to ensure that the community’s concerns are addressed. Mr. Puri is also

the founder and President of the US India Business Alliance (USIBA).

USIBA is dedicated to strengthening economic ties between the US

and India. Mr. Puri regularly leads delegations of business and political

leaders to India. He is a frequent public speaker on US-India relations

and the political impact of the Indian American community. He has been

recently featured in The New York Times, The Washington Times, on

National Public Radio (NPR), the Public Broadcast Service (PBS), CNN

and Nightline. Mr. Puri also has been at the forefront of working with

the US Congress to further the US India Energy Security relationship

and in building strong ties between US and Indian entrepreneurs, policy

makers and technologists in the area of Renewable Energy. He has

extensive expertise in the area of US Government funding for renewable

energy projects world wide through USAID and OPIC. As President of

USIBA, he is hosting the first ever US Congressional India Renewable

Energy Conference to be held on Capitol Hill. Mr. Puri is the Founder

and CEO of Optimos Incorporated, an information technology company

located in Chantilly, Virginia. Before founding Optimos, Mr. Puri worked

at the World Bank. He received his MBA in Finance from the George

Washington University School of Business.

Vivek Wadhwa

Fellow, Labor and Worklife Program

Harvard Law School

Executive in Residence/Adjunct Professor

Pratt School of Engineering, Duke University

Vivek Wadhwa is a fellow with the Labor and Worklife Program at Harvard

Law School and executive in residence/adjunct professor at the Pratt

School of Engineering at Duke University. He helps students better prepare

for the real world, lectures in classes and leads groundbreaking research

into globalization and the U.S. competitive advantage. He is also an advisor

to several start-up companies and a regular columnist for BusinessWeek.

com. Wadhwa has long been a pioneer of change and innovation in the

technology industry, and has founded 2 software companies. He started

his career as a software developer and gained a deep understanding of the

challenges in building computer systems. His quest to help solve some of

IT’s most daunting problems began at New York based investment banking

powerhouse CS First Boston, where he was Vice President of Information

Services. There he spearheaded the development of technology for

creating computer systems which was so successful that CSFB decided

to spin off this business unit into its own company, Seer Technologies. As

Executive Vice President and Chief Technology Officer, Wadhwa helped

grow the nascent startup into a $118 million publicly traded company. With

the explosion of the Internet, Wadhwa saw an even greater opportunity to

help businesses adapt to new and fast changing technologies, and started

Relativity Technologies. As a result of his vision, Wadhwa was named a

“Leader of Tomorrow” by Forbes.com. Relativity was named as one of

the 25 “coolest” companies in the world by Fortune Magazine. Wadhwa’s

research at Duke University has focused on the impact of globalization on

the engineering profession, the competitive threat from India and China,

and one of America’s greatest advantages - its skilled immigrants. This

research has received worldwide attention and acclaim. Mr. Wadhwa holds

an MBA from New York University and a B.A. in Computing Studies from the

Canberra University in Australia. He is founding president of the Carolinas

chapter of The IndUS Entrepreneurs (TIE), a non-profit global network

intended to foster entrepreneurship. He has been featured in thousands of

articles in worldwide publications including The Wall Street Journal, Forbes

Magazine, Washington Post, New York Times, U.S. News and World Report

and Science Magazine. He has also made many appearances on U.S. and

international TV stations including CNN, ABC, NBC, CNBC and the BBC.

Sponsored By:

Institutional Broking

MAPE is proud to be a Silver Sponsor of the Wharton India Economic Forum.

Bangalore, Chennai, Delhi, Mumbai & Philadelphia

www.mapegroup.com

Private Equity Structured Financing

Mergers & Acquisitions

26 The 12th Annual Wharton India Economic Forum

Zubin Dubash

India Region Head

Merrill Lynch Global Private Equity

Mr. Dubash currently heads Merrill Lynch Global

Private Equity’s team in India. Earlier, he was

the CFO of WNS Global Services, a leading BPO company based out

of India. Prior to that he served as the Executive Director and was a

Member on the Board of Directors at the Indian Hotels Company Ltd

(Taj Group of Hotels). Before IHCL, Mr. Dubash was with Tata Sons Ltd.

where he advised the Tata Group companies on their corporate finance

activities including raising finances in the international markets and M&A

opportunities. Mr. Dubash was a key player in the acquisition of Tetley

Tea, one of the largest cross border acquisitions made by an Indian

company. Mr. Dubash is a MBA graduate from The Wharton School.

Panel

Investing in India: The Maturation Process, What’s Next?

The panel will review the explosive growth of PE and capital allocation in the Indian market in recent years. The panel will discuss the slow momentum

in the Indian buyout industry and examine access to quality talent both on the investment and operational ends and debate the most attractive sec-

tors for investment.

Sri Rajan (Moderator)

Partner, Head

Bain & Company’s Private Equity Practice

Sri Rajan is a partner in Bain & Company’s Delhi

office and is the head of Bain’s Private Equity

Practice in India. He is also a part of the firm’s Global Technology,

Media & Telecommunications Practice. His work with private equity

funds includes mergers & acquisitions, due diligence, post-merger

integration, offshore outsourcing, and assessing entrance and exit risks.

Sri is a frequent contributor of articles and interviews to journals and

leading business publications in India, and his insights are often quoted

in the media. Sri earned an MBA from the Wharton School, where he

was a Palmer Scholar. He is also a graduate of the Indian Institute of

Management and has a Bachelor of Science degree.

india | imagine 27

Heramb Hajarnavis

Senior Member, Principal Investments Area

Goldman Sachs

Heramb Hajarnavis is a Vice President in the

Merchant Banking Division of Goldman, Sachs

& Co. based in Mumbai, India where he is co-head of the Principal

Investment Area. Heramb’s past experience includes being a member of

the management team of Centennial Communications and an investment

banker with Goldman Sachs. Heramb focuses on transactions in several

sectors including general industrials, consumer products and retail,

communications and media, and business services. Heramb sits on

the Board of Sudhir Gensets Limited and on the Working Board of

the Indian American Council. Heramb holds a B.S. in Economics from

the Massachusetts Institute of Technology and an MBA from Harvard

Business School. Goldman Sachs (www.gs.com) is a global investment

banking, securities and investment management firm. It provides a

wide range of services to a substantial and diversified client base that

includes corporations, institutional investors, governments, non-profit

organizations and individuals. The firm is headquartered in New York

and maintains significant offices in London, Tokyo, Hong Kong, Mumbai

and other financial centers around the world.

Ranjit Pandit

Managing Director

General Atlantic Partners LLC

Ranjit Pandit is a Managing Director at General

Atlantic LLC. He is located in General Atlantic’s

Mumbai office, where he focuses on growth investment initiatives in the

India market. Prior to joining General Atlantic in 2007, Mr. Pandit served

as a Managing Director for McKinsey & Company, where he served a

number of major U.S. and other global companies in a variety of areas,

including corporate governance/leadership, change management,

corporate finance, alliances, technology management, manufacturing,

marketing, sales and logistics. Mr. Pandit holds an MBA degree from the

Wharton School at the University of Pennsylvania, and a BE degree in

electrical engineering from VJTI, University of Bombay, India.

Sponsored By:

28 The 12th Annual Wharton India Economic Forum

Panel

India’s New Mandate: Addressing the Health Care Paradox

This panel aims to assess the policy, economics and the gaps in Healthcare production and delivery in India. Within a broad macroeconomic framework,

panelists will discuss nationwide access to hospitals and doctors, rural health care infrastructure, availability of outpatient care and rehabilitation, and

medical tourism. The panel ultimately endeavors to answer the question of how India’s rapid economic growth can foster improvements in healthcare

both domestically and globally.

Bhavan Sampat (Moderator)

Assistant Professor

Columbia University

Bhaven Sampat, PhD, is an assistant professor

at Columbia University, with appointments in the

Department of Health Policy and Management (at the Mailman School

of Public Health) and the International Center for Health Outcomes and

Innovation Research (in the Department of Surgery, Columbia University

Medical Center), and (by courtesy) in the School of International and

Public Affairs. Dr. Sampat is an economist by training, centrally interested

in issues at the intersection of health policy and innovation policy. His

current projects examine the political economy of the National Institutes

of Health, the roles of the public and private sectors in pharmaceutical

innovation, the effects of patents on access to medicines in developing

countries, and issues related to patent quality. He has also written

extensively on the effects of university patenting and “entrepreneurship”

on academic medicine and technology transfer, and is actively involved

in policy debates related to these issues.

Rajiv Gulati

Chairman and Managing Director

Eli Lilly and Company (India)

Rajiv Gulati has recently moved to company

headquarters in Indianapolis as Director, China-India

Strategy, Corporate Strategy Group. Previously, he had been Chairman

and Managing Director, Eli Lilly and Company (India). Mr. Gulati, a native

of Ambala, India, joined Lilly from Ranbaxy Laboratories in 1992 on

the formation of the companies’ joint venture. Gulati held the position

of General Manager, of Ranbaxy Laboratories Ltd, Pharmaceutical

Division, and is widely recognized in the Industry for some of the most

successful product launches within India. Beginning in 1996, he worked

in assignments at corporate headquarters in Indianapolis in business

development, intercontinental strategy, and human resources before

returning to India in 1999, as CEO. This broad-based knowledge of

both the cross-functional, and cross-cultural aspects of the industry

has served Mr. Gulati well throughout his career. In India, Mr. Gulati

has served as Chairman of the Pharmaceutical Council of the Indo

American Chambers of Commerce, Vice President of the Organization

of Pharmaceutical Producers of India, and was on the advisory board of

the National Institute of Pharmaceutical Education and Research, as well

as Narsee Monjee Institute of Management. In 2001, Mr. Gulati received

the “Chairman’s Ovation Award”, one of Lilly’s most prestigious honors.

In March 2002, Mr. Gulati was recognized by receiving the “Top CEO”

award during the 29th “World Marketing Congress” hosted in New Delhi,

and in 2004 was awarded with KC Chatterjee memorial trophy for his

service to the Pharmaceutical profession. In 2005 he was given the Indra

Super Achiever Award. Mr. Gulati holds a Masters degree in Pharmacy

from the Institute of Technology – BHU and an MBA from the Indian

Institute of Management, Ahmedabad.

Dr. Prakash Khubchandani

Founder and Managing Director

KrimsonHealth

A Doctor of Medicine, Dr. Khubchandani is the

founder and Managing Director of the Khubchandani

Group, a group diversified into Real Estate Development, Healthcare,

Hospitality, Education, Retail and Leisure. As a first generation

entrepreneur, he successfully ran a large construction company and

has built over 5 million square feet for various multinational clients and

architects as the Managing Director of HMG Engineering Ltd., HMG

Estates and Housing Ltd. He has successfully developed and marketed

several real estate projects in Mumbai and Bangalore. Several other

projects are currently being implemented along with multi-national

associates like ETA group, UAE., Hiranandanis, Prestige Group, and

Banyan Tree Holdings, Singapore to name a few. Dr. Khubchandani

has entered the Healthcare sector under the brand KrimsonHealth and

is a strong advocate for Health Infrastructure in India. He is currently

developing 2 major hospitals and a med city in Mumbai of which the

ParkwayHealth Khubchandani Hospital is a 600 bedded hospital. This is

being developed in joint venture with Parkway Healthcare Ltd, the largest

healthcare provider in South East Asia. The second, Krimson Oncology

Hospital is a 250 bed cancer hospital being developed with some leading

oncologists in India. The Krimson Health City will house a Hospital, a

india | imagine 29

Ramesh Srinivasan

Partner

McKinsey & Company

Ramesh Srinivasan is a Principal in the New York

Office of McKinsey and Company. Before moving to

New York, Mr. Srinivasan worked in the Firm’s Mumbai office. During his

12 years with the Firm, he has served several pharmaceutical companies

in India and the US. He has served these companies on a wide variety

of topics - including corporate strategy, R&D, business development,

operations improvement, internationalization, offshoring and leadership

development. One of Mr. Srinivasan’s particular areas of emphasis in

recent years has been the topic of globalization – in addition to helping

companies on international expansion and offshoring, he has also helped

push the Firm’s thinking on this topic, particularly in the pharmaceutical

context. Mr. Srinivasan plays an active role in learning and professional

development within the Firm. He is part of the Firm’s Early Tenure

Learning core faculty, and leads learning for the North Eastern Complex.

Mr. Srinivasan is also a trustee on the Board of Akanksha – a leading

educational institution in India. Mr. Srinivasan received an MBA degree

from the Indian Institute of Management, Ahmedabad where he was

awarded a gold medal for academic excellence. He also has a Bachelor

of Technology degree in Computer Science from the Indian Institute of

Technology, Madras

Healthcare Special Economic Zone, a Center for Excellence in Medicine,

a medical mall, serviced apartments, convention center and hotel, in

an area of over 1.5 million square feet. Also under implementation are

several healthcare verticals in the field of aesthetics, diagnostics, and

various specialized branches of medicine.

Suneeta Reddy

Executive Director-Finance

Apollo Hospital Enterprises, Ltd.

Ms. Suneeta Reddy holds the position of Executive

Director-Finance of the Apollo Hospitals Enterprise

Limited (AHEL), one of the leading healthcare organizations in the World

with over 8000 beds across 44 locations. She is also on the Board of

many organizations in the healthcare, hospitality and telecom sectors

and Chairperson for Apollo Sindhoori Capital Investments Limited

which is a Stock Broking & Retail outfit with Rs.800cr. volume per day.

During her 25 year tenure, Ms. Reddy spearheaded many initiatives in

the healthcare, hospitality and is a active member of industry bodies

representing the healthcare sector. She is a widely recognized for her

contribution to the Indian healthcare industry and has held leadership

positions including her current position as the Co-Chairperson of

Healthcare Sub Committee - Confederation of Indian Industries (CII).

She is currently the Chairperson of Aircel Cellular Limited. Ms. Reddy

received her Bachelor of Arts degree in Economics and Marketing. She

holds a diploma in Financial Management from the Institute of Financial

Management and Research, Chennai and has completed the Owner/

President Management Program at Harvard Business School (HBS),

Boston, USA.

Sponsored By:

individual viewpoints

collaboration and respect

intellectual capital

[limitless potential]

Merrill Lynch believes in the power ofinclusion, the collective strength ofpersonal perspectives, and theadvantages realized when people of diverse backgrounds work together.

Discover what our growth andmomentum can mean to your career.Join us and go far based on your talentand ambitions.

Be a contributor. Be valued. Besupported. Be yourself.

ml.com/careersml.com/about/diversity

Merrill Lynch is an equal opportunity employer.

32 The 12th Annual Wharton India Economic Forum

Sponsors

EIGHT CAPITAL

Lead Sponsor

Silver Sponsors

Gold Sponsors

General Sponsor

Panel Sponsors

india | imagine 33

India

Supported By

News Distribution PartnerOfficial Media Partner

34 The 12th Annual Wharton India Economic Forum

Organizing Committee

Conference Chairs

Abhishek Gupta

Akshay Madhavan

Karishma Mehta

Vivek Garg

Panel Directors

Aaradhana Jhunjhunwala

Mohit Bhende

Priya Nevrekar

Tanya Khubchandani

Deeksha Gulati

Kerun Bindra

Kumar Shah

Nana Murugesan

Sundar Balu

Jay Raghavan

Saksham Karwal

Naveen Wadhera

Shantanu Rastogi

Ruchira Shukla

Vaibhav Agrawal

Rishabh Parekh

Raoul Uberoi

Allwin Agnel

Apoorv Saxena

Raakhe Kapoor

Devanshi Jalan

Arveena Ahluwalia

Technology

Neel Ketkar

Sudhanshu Aggarwal

Communications

Vedanta Kumar

Finance

Keith Tauro

Public Relations

Ani Khatri

Janhvi Maheshwari

Swasti Khemani

Reena Daswani

Akshat Goenka

Sponsorship

Senthil Durairaj

Karthik Raghupathy

Kihong Bae

Nana Murugesan

Shantanu Rastogi

Rachna Butani

Quresh Shakir

Rohit Chandra

Aditya Pasumarty

Operations

Ayush Chaudhary

Ankita Sancheti

Avarna Goenka

Namrita Rai

Advay Jhunjhunwala

Rohit Chandra

Marketing

Shehnaz Gill

Mrinal Todi

Umber Bawa

Viral Saraf

Varun Jain

Aalek Mehta

Harsh Mundhra

Sagar Shah

Sundar Balu

india | imagine 35

Notes

36 The 12th Annual Wharton India Economic Forum

innovative vision

partnership and collaboration

strong leadership

[impressive achievements]

Merrill Lynch is proud to be a Gold Sponsor of the Wharton IndiaEconomic Forum

When we join forces with anotherforward-thinking organization, progressis inevitable.

ml.com/careers

Merrill Lynch is an equal opportunity employer.

The 12th Annual Wharton India Economic Forum: india | imagineThe Park Hyatt Philadelphia at the Bellevue

Saturday, March 22, 2008

www.whartonindia.org