Moneycontrol
Masterclass Ideas For A New India

Rebuilding India : A Blueprint For Recovery

11 June, Friday 05:00 pm

Meet Our Speakers

Kiran Mazumdar Shaw

Kiran Mazumdar Shaw

Chairperson, Biocon

Kiran Mazumdar Shaw is a pioneering biotech entrepreneur, healthcare visionary, global influencer, and passionate philanthropist. The impact she has made, as a leading woman in science, has made her a role model in India. Under her stewardship, Biocon has evolved since its inception in 1978 into an innovation-led, global biopharmaceutical enterprise committed to reduce therapy costs of chronic conditions like diabetes, cancer and autoimmune diseases. Named among TIME magazine’s 100 most influential people in the world, she is recognized as a global thought leader in Biotechnology. She was awarded the Padma Shri in 1989 & Padma Bhushan in 2005.

K V Kamath

K V Kamath

Former President, New Development Bank

K V Kamath is the former Chairman of ICICI Bank and Infosys Limited, two of India’s biggest companies. In 2015, he was appointed as the first President of the New Development Bank set up by the BRICS countries. He has received widespread recognition internationally, including being named CNBC’s Asian Business Leader and Businessman of the Year by Forbes Asia. He has been the President of the Confederation of Indian Industry (CII), the country's apex industry association, and a Co-Chair of the World Economic Forum’s Annual Meeting in Davos. An alumnus of Indian Institute of Management, Ahmedabad (IIMA), K V Kamath was conferred the Padma Bhushan in 2008.

Manish Sabharwal

Manish Sabharwal

Chairman, Teamlease Services

Manish Sabharwal is the co-founder of Teamlease, one of India’s leading staffing and human capital firms. In 1996, he had co-founded India Life, an HR outsourcing company. which was acquired in 2002 by US-based Hewitt Associates. Manish is a member of the National Skill Mission, Central Advisory Board of Education and has served on various policy committees for education, employment and employability. He has also served as an Independent Director on the Board of the Reserve Bank of India. He is a Member of Advisory Board of the Comptroller and Auditor General (CAG) and a governing board member of National Council of Applied Economic Research (NCAER). An alumnus of the Wharton School and Shriram College, he also frequently writes a column for the Indian Express.

What To Expect

The second wave of the Covid19 pandemic has derailed India's growth momentum, with its full-year GDP contracting for the first time in four decades.

While a contraction of 7.3% was reported in FY 20-21, in the fourth quarter the GDP grew by 1.6%. India's consumer confidence index too fell to a record low of 48.5 in May 2021 from 53.1 in March 2021, according to the Reserve Bank of India, as respondents turn pessimistic about their prospects going forward. In fact, an estimated 10 million Indians have lost their jobs because of the Covid19 second wave, with household incomes too coming under pressure, according to data from CMIE.

Against this backdrop, how can India march toward its ambitions of becoming a $5 Trillion economy by 2025? What should the Government do to ensure a bounce back and recovery? What policy prescriptions does India need to rise to its full potential? Will an accelerated vaccination drive help?

Three of India Inc's most respected business leaders and policymakers share their blueprint for recovery on this edition of Moneycontrol Masterclass.

Get a chance to ask questions to Kiran Mazumdar-Shaw, KV Kamath and Manish Sabharwal on June 11th. Friday, 5 pm LIVE on Moneycontrol

Log onto Moneycontrol's website, YouTube and Facebook channels. Use #MCMasterclass to send us your questions on Twitter.

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