Tuesday, November 28, 2017

8th edition of Global Entrepreneurship Summit

Ivanka Trump, the daughter and adviser of U.S. President Donald Trump, has arrived in India for the annual global entrepreneurship summit, foreign ministry officials said Tuesday. The summit scheduled to held in the southern city of Hyderabad Tuesday is being co-hosted by India and the United States.
Ivanka accompanied by several top administration officials reached India late Monday night. Ivanka is expected to visit the old city as well as the Charminar, the iconic symbol of Hyderabad city.
The three-day summit, which is being held for the first time in South Asia, to be inaugurated  by Indian Prime Minister Narendra Modi. Prime Minister Narendra Modi to inaugurate the 8th edition of the Global Entrepreneurship Summit (GES) in Hyderabad today. It is a pre-eminent gathering of entrepreneurs, investors, and supporters from around the world. The three-day event hosted by India and the United States is being held for the first time in South Asia.
The theme of this year’s summit is “Women First, Prosperity for All” and will include 1,200 young entrepreneurs, mostly women.
“It is a pre-eminent gathering of entrepreneurs, investors, and supporters from around the world,” officials said. “Ivanka Trump leading the U.S. contingent will be addressing the inaugural session and take part in two plenary sessions about women empowerment.”
GEM summit theme demonstrates the commitment of the United States and Indian governments to the principle that when women are economically empowered, their communities and countries thrive. Women entrepreneurs help drive innovation and job creation, as well as address the world’s greatest and most critical challenges.
US President’s Advisor, Ivanka Trump will lead the US contingent. US Ambassador in India, Kenneth Juster informed that Ms Trump will be addressing the inaugural session and take part in two plenary sessions about women empowerment.
Niti Ayog CEO Amitabh Kant informed media in Hyderabad that for the first time women delegates are in majority representing 52.5 percent of 10 countries including Afghanistan, Saudi Arabia and Israel being represented by all-women delegations.
He said for India, the summit holds a special place as the country is focused more intensely than ever before to give entrepreneurs the opportunities and ecosystem to help them thrive.
Mr Kant said the Summit will highlight the enabling environment for innovation and entrepreneurship – including actions by the government to increase the ease of doing business, eliminating unnecessary regulations and supporting start-ups.

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