Jaitley to open fifth investors’ meet in Indore | indore | Hindustan Times
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Jaitley to open fifth investors’ meet in Indore

More than 3,500 delegates are expected to attend the fifth edition of global investors’ summit (GIS) beginning Saturday, but the mega biennial event is low-key in comparison to its 2014 edition.

indore Updated: Oct 22, 2016 07:53 IST
Union finance minister Arun Jaitley will be the chief guest at the inaugural session of the October 22-23 summit.
Union finance minister Arun Jaitley will be the chief guest at the inaugural session of the October 22-23 summit.(Shankar Mourya/HT)

More than 3,500 delegates are expected to attend the fifth edition of global investors’ summit (GIS) beginning Saturday, but the mega biennial event is low-key in comparison to its 2014 edition.

Union finance minister Arun Jaitley will be the chief guest at the inaugural session of the October 22-23 summit that will see the country’s top politicians and industrialists addressing ambassadors from 26 countries and 250 foreign delegates, including top honchos.

Last year, the GIS was inaugurated by Prime Minister Narendra Modi and the session was addressed by top industrialists including Reliance Industries chairman Mukesh Ambani and Tata group chairman Cyrus Mistry. This year, the number of top industrialists is on the lower side. Also, the summit is a one-and-a-half day event, as a separate event was held for the MSME sector in Bhopal earlier this month.

The opening day will have special sessions and panel discussions on different focus sectors. On Sunday, a ‘Make in India’ session will be held in the morning, followed by valedictory session. Senior representatives of five partner countries — the UK, Japan, South Korea, Singapore and United Arab Emirates — will be taking part.

Indore’s divisional commissioner Sanjay Dubey said the city has made special arrangements for the VIPs and foreign delegates. Special audio devices will be given to foreign guests to enable the feed of English translations of the business sessions.

On Friday, chief minister Shivraj Singh Chouhan hosted a CEOs’ dinner and held an informal discussion to get feedback from investors about MP.