CII Current Affairs - 2019

Category Wise PDF Compilations available at This Link

CII: Asia Health Conference, 2019

The National Health Authority and CII (Confederation of Indian Industry) are together organizing the Asia Health Conference, 2019. It includes CII National Biotechnology Conclave, CII 12th Medical Technology Summit, CII Ayurveda Conclave, CII 16th Health Summit, CII Health Tech, CII Public Health Conference, CII 13th Health Insurance Summit and CII National Pharmaceuticals Conclave,

Highlights

  • Certification courses on healthcare management and medical ethics are to be conducted during the conference.
  • The conference is to act as a platform of interaction between policy makers, Indian and Global thought leaders and Global investors.
  • Asia Health 2019 will also showcase an Exhibition. It will provide a platform to exchange information on the entire healthcare gamut. The exhibition also aims at promoting multi sectoral convergence under one roof with various stake holders focusing on Model Health care centers, Cutting-edge Technologies, Health Care Products and Services, Innovative Ideas and Solutions.

Significance

India is set to become a 5 trillion USD economy in the next five years. Indian Industries will remain the main growth engine to achieve the target. In order to achieve this, CII is focusing on 5 major areas namely rural-urban connect, employment generation, energy security, governance and environmental sustainability. The conference is also a part of its theme for the year 2019-20 “Competitiveness of India Inc-India@75: Forging Ahead”

Technology Summit, 2019

The 25th Technology Summit is a bilateral platform that provides opportunities to industries, government agencies and institutes from India and other countries to interact with each other. In 2017, Canada participated in the Summit and in 2018 it was Italy. This year Netherlands has been invited. The summit acts as a forum to forge partnerships, explore new avenues and to create joint ventures to explore new avenues of collaborations to boost trade and investment. The summit is to be held in New Delhi between 15 and 16 October, 2019. It is being organised by Ministry of Science and Technology.

Next year, India has planned to take the summit globally. It intends to invite participants from different countries.

Theme: Young entrepreneurship

The 2019 India – Netherlands technology summit is being organized by DST and CII, DST-Department of Science and Technology and CII-Confederation of India Industry.

Objectives

  • To profile the Netherlands–India technologies
  • Showcase opportunities for Netherlands and India on technology and scientific research across key areas, especially in the fields of water, agriculture and Health
  • To increase the visibility of Dutch and Indian entrepreneurial ecosystem.
  • To highlight the cooperation between India and Netherlands.

Significance in choosing Netherlands

The bilateral research cooperation between India and Netherlands in fields like Internet of Things, medical devices, big data, urban water system would be enhanced through the summit. There are great scopes for closer partnership between the countries to leverage emerging digital technologies.

Investment

According to the Ministry of External Affairs, there are over 200 Indian companies operating in Netherlands. It is the third largest investor in India in 2017 – 18 with investments valued at 2.67 billion USD. The top 5 sectors that are attracting FDI equity flows from Netherlands include computer, hardware, software, automobile industry, trading and fermentation industries.

Trade

The bilateral trade between India and Netherlands between April 2017 and March 2018 was around 6.28 billion USD. Netherlands is the fourth largest trading partner of India after EU, UK, Germany and Belgium.

Indian Diaspora

There are around 2,35,000 Indian living in Netherlands. Of which, 2 lakh are Suriname-Hindustani community that are well integrated to the Dutch society. Apart from this there are 3,000 Indian students pursuing their masters, bachelors and research courses in various universities in Netherlands.

Outcomes of the summit

  • The Indian and the Netherlands governments are to sign MoUs based on the summit and the requirements identified by it.
  • New public-private partnerships between India and Netherlands
  • New opportunities for fast tracked market entry for existing Dutch and Indian stakeholders.
  • Solutions for societal challenges
  • Deepening the ties between India and Netherlands in multiple verticals of knowledge.