Global

Hyderabad gears up to host Global Entrepreneurship Summit

Hyderabad gears up to host Global Entrepreneurship Summit

As many as 1500 entrepreneurs from 150 countries are participating in the Summit including 500 from the country.

Co-hosted by the Indian and US Governments, GES is being held for the first time in South Asia.

In the wake of Manchu Family maintaining close relations with BJP and Narendra Modi in particular, Lakshmi already got the honor of being followed by the Prime Minister on twitter on Woman's Day Eve. This GES will focus on developing startups belonging to these four sectors across the globe namely: healthcare and life sciences, digital economy and financial technology, energy and infrastructure and media and entertainment.

She will speak at the GES inaugural session Tuesday and another session Wednesday. This will be followed by a panel session on opening up opportunities for women entrepreneurs in their countries and communities, which will be moderated by John Chambers, Chairman Emeritus, Cisco with the panelists to include Ivanka, Sibongile Sambo, Managing Director, SRS Aviation and SRS Petroleum, India's Defence Minister Nirmala Sitharaman and Marcus Wallenberg, Chairman, SEB. Ms Trump, a businesswoman herself, will be discussing issues of innovations, skill and training the next day.

This year's GES has the theme Women First, Prosperity for All.

Newly-crowned Miss World Manushi Chhillar, and actors Sonam Kapoor and Aditi Rao Hydari will add glamour to the event.

Merkel's Party Throws Support Behind Grand Coalition, But 'Not At Any Price'
Higher taxes for the rich, as well as a higher inheritance tax, would be used to pay "for education, communities and housing". Yet, returning to the so-called "grand coalition" between the natural rivals could be seen by many as a betrayal.

GES, a personal initiative of former US President Barack Obama to bring entrepreneurs from across the globe on one platform, was started in 2010 in Washington, and thereafter has been hosted by Turkey, United Arab Emirates, Malaysia, Morocco, and Kenya.

In 2016, Silicon Valley hosted the GES.

Amitabh Kant, the CEO of NITI Aayog, on Monday, said that the eighth edition of the Global Entrepreneurship Summit (GES) would help create an ecosystem that would promote the growth of start-ups in the country. It may be mentioned that Modi had invited Ivanka to visit India, during his visit to the US.

Mr Juster congratulated Mr Modi for the ranking recently accorded to India by the World Bank on the ease of doing business.

Hyderabad is a model city in terms of drawing investment from the USA, given that the city is a hub for American IT (information technology) companies, said U.S. ambassador to India Kenneth Juster on Monday.


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