Mindmine Summit 2009

"Challenges of Troubled Times: Opportunities and Threats."

Every so often in the history of International Affairs, a great transactional turbulence shakes the foundations of the world and brings many of its older structures tumbling to the ground. In the confusion and babble that follow, it's difficult to see through the dust and recognise the shape of the altered strategic landscape.

In 2008, the world's developed economies took a heavy beating, whether measured by their collapsing industrial production, tumbling exports, surging unemployment, frozen credit markets or the near-paralysis of maritime trade. The impact is being felt in India, and across the corporate landscape in ways that were difficult to imagine even a year ago.

The Fourth Mindmine Summit was held against a tumultous background. The pain was evident. The mood was somber, and the near-term outlook was gloomy.

Nevertheless, the need for introspection was being felt acutely. Therefore, the Fourth edition of the Mindmine Summit held on February 12-13, 2009 at Hotel ITC Maurya, New Delhi, was specially structured around the theme: “Challenges of Troubled Times: Opportunities and Threats.” The objective over two days was primarily two-fold: to get a better grip on the realities that confront India, and to prepare better for the future.

Over the two days, the Summit addressed various challenges that Indian society, business and individuals were facing in a rapidly changing India, that was perhaps evolving at a pace too fast for comfort! While there were the usual plenary sessions and panel discussions, the attempt was to make the 2009 edition more interactive, given the passion, the angst and anxiety that was being felt around us.

Key sessions and the speakers were:

Session 1: The Global Challenges & India's Response
Chief Guest: Mr. Kamal Nath, Minister of Commerce & Industry, Govt. of India
Speakers: Mr. Sunil Kant Mittal, Chairman Hero Corporate Service Limited; Mr. Brijmohan Lall Munjal, Chairman Hero Group

Session 2: Recession and Market Meltdown: How bad is it?
Speakers: Dr. Omkar Goswami, Founder and Chairman, CERG;
Mr. M Damodaran, Former Chairman SEBI; Dr. Vinayshil Gautam, Founder Director, IIM (K), Professor IIT (D); Mr. Surjit S. Bhalla, MD Oxus Research and Investments; Mr. Richard Heald, Vice Chairman, NM Rothschild & Sons India Pvt. Ltd.

Session 3: India at risk: How can we make our country safer?
Speakers: Mr. Sunil Munjal in interaction with Mr. G. Parthasarthy, Visiting Professor, Centre for Policy Research and Mr. Vinod Duggal, Member Commission on Centre-State Relations & Former Home Secretary, Govt. of India.

Session 4: Profiting from gloom: Is his Corporate India's big chance?
Speakers: Ms. Vinita Bali, M D Britannia Industries; Mr. Manoj Kohli, President Bharti Airtel; Mr. S. K. Roongta, Chairman SAIL, Mr. Paul Beckett, Head of Wall Street Journal for South and Southeast Asia.

Session 5: Managing talent & costs in turbulence: Can we get leaner, without pink slips?
Speakers: Dr. A. K. Balyan, Director ONGC; Prof. Dipankar Gupta, Professor, JNU; Dr. Anadi Pande, Hero Honda Motors Limited; Mr. Suhel Seth, CEO Counselage India; Dr. Tayeb A. Kamali, Vice Chancellor of the Higher Colleges of Technology (HCT), UAE; Ms. Tanuja Kapilashrami, Head - Human Resource, HSBC India.
Fourth BML Munjal Awards for Excellence in Learning & Development
Session 6: Fulfilling India's dreams: Infrastructure, Energy and Space.
Speakers: Mr. G. K. Pillai, Commerce Secretary, Govt. of India; Mr. Vikram Mehta, Chairman, Shell Group of Companies; Mr. T.P. Chopra, CEO, GE; Mr. S. S. Kohli, CMD, India Infrastructure Finance Company Limited; Mr. Sudhir Chaturvedi, CMD, Power Grid Corporation of India.

Session 7: Social Activism in India: Too civil for comfort?
Speakers: Mr. Pavan Varma, Director General, ICCR; Dr. Shayama Chona, Principal, DPS R. K. Puram; Mr. Rahul Dev, Journalist; Mr. Mathew Cherian, CEO, Helpage India; Mr. R K Mishra, MD, Tenet Holdings, Mr. Rajendra Singh, The water man of Rajasthan.

Session 8: Will slowdown blur the state vision?
Speakers: Madhu Goud Yakshi, INS (LS); Tathagata Satpathy, BJD (LS), Mr. Sunil Kant Munjal, Chairman, Hero Corporate Service Limited; Mr. Sukhbir Singh Badal, Deputy Prime Minister, Punjab.

Session 9: Mindmine Exchange: If youth knew, if age could - a value code for Tomorrow's India.
Speakers: Mr. Pawan Munja, MD, & CEO, Hero Honda Motors Limited in interaction with Ms. Anoushka Shankar, Sitar Player; Mr. Harbhajan Singh, Cricketer; Mr. Nagesh Kukunoor, Director, Actor; Ms. Vidya Balan, Actor; Mr. Rabbi Shergill, Musician.

Session 10: The Big Debate
Topic: "In the opinion of this house, the India Politicians are irrelevant today".
Moderator : Ms. Shereen Bhan, Delhi Bureau Chief and Executive Editor, CNBC - TV 18.
Speakers : For the Motion: Mr. Surjit S. Bhalla, MD, Oxus Research; Mr. Suhel Seth, Eqqus Red Cell; Mr. John Elliot, Journalist.
Against the Motion : Mr. Arun Jaitley, MP; Mr. Mani Shankar Aiyar, Union Minister for Panchayati Raj; Mr. Sitaram Yechury, MP.

Session 11: Concluding Session: India's Opportunities
Chief Guest: Mr. L K Advani, Leader of Opposition for Lok Sabha.
Summary of Learnings: Mr. Sunil Kant Munjal, Chairman, Hero Corporate Services Limited.
Vote of thanks: Mr. Anupam Bhasin, Director (HR &TQM), Hero Corporate Service Limited.

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