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PARTNERSHIP SUMMIT 2023
The 28th edition of The CII Partnership Summit is being held in partnership with Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India from 13 -15 March 2023. The event is expected to further the agenda of strengthening partnerships and shaping new economic collaborations between countries, as well as among businesses. It would be a vibrant forum for discussions on matters of global interest, under the theme “Partnerships for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses”.

This edition of the CII Partnership Summit gains new salience as India assumes the G20 Presidency with CII as the B20 Secretariat. B20 is among the most prominent Engagement Groups in G20, with companies and business organizations as participants. The CII Partnership Summit 2023 will focus on how India’s growth story, its reform process and external engagement will help to rebalance the world and impart stability to growth processes. It will also capture global business ideas under the aegis of B20 India. This year’s Partnership Summit will hold high level discussions broadly along the tracks of the global and Indian economy, G20/B20, competitiveness, resilient supply chains, investments, sustainability, start-ups and entrepreneurship, technology, and the social dimension. It will focus on the opportunities and imperatives for countries and businesses to drive future strategies for growth, competitiveness, and sustainable and inclusive development. India shall play a greater role in shaping the development journey of the global economy, and CII will be a key pillar in this journey.

The sessions, to be conducted over 3 days, would provide an opportunity to share ideas on growth, development, sustainability, and technology in alignment with CII’s larger theme for the year 2022-2023: ‘Partnerships for Responsible, Accelerated, Innovative, Sustainable, and Equitable Businesses.’
BACKDROP
The past few years have witnessed a plethora of disruptions across the globe, some being pandemic induced disruptions or some for other geopolitical reasons, most notably like the Russia-Ukraine war. The world economy, which was on a path of recovery, is now faced with significant risks with respect to overall economic prospects, with elevated commodity and energy prices leading to inflationary pressures and further supply chain disruptions slowing down economic activity.

In this context, it has become even more evident that the move towards global cooperation and international solidarity has been a critical feature of the last few years, as global policymakers have prioritized the need for decisive, timely and coordinated global action to address the plethora of challenges arising due to the changing global environment.

Despite such global headwinds, the Indian economy has made rapid strides owing to the many significant initiatives of the Government of India and solid structural reforms. Ease of doing business, infrastructure policies and initiatives, reduction in corporate tax rates, FDI policy reforms, and Production Linked Incentive schemes for 14 sectors, among others are some of the initiatives that have contributed to making India a leading investment and manufacturing destination in the world, with one of the most open and investment friendly economies.

India has stepped up its external engagement over the last few years and has signed trade agreements with Australia and UAE, and several others in the negotiation phases. These, in turn, are expected to fuel economic growth by boosting trade and investments and creating jobs for participating economies. The country is likely to continue on its trajectory of investment driven export-led growth and further strengthen economic interaction with the rest of the world.

Given this backdrop, the Confederation of Indian Industry (CII) is organizing the CII Partnership Summit 2023 that will provide our thought leaders, global policymakers and businesses, with an ideal platform to exchange ideas and perspectives and consolidate partnerships for leveraging emerging opportunities, thus ensuring a collaborative approach to achieving business goals.

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