India Economic Summit concludes in Mumbai

India Economic Summit concludes in MumbaiThe famed World Economic Forum's India summit has concluded in Mumbai amid intense media attention and presence of hordes of important personalities from different walks of life.

The event is usually held in New Delhi and is the first time that it was organized in the financial capital of the country. More than 700 corporate personalities from 40 countries and prominent political leaders attended the event in Mumbai that started on Saturday.

The agenda included inclusive growth, the development of rural economies as well as internal issues such as inflation and corruption. More than 700 participants had gathered on Sunday morning at a hotel in Mumbai for the beginning of the event. Among notable absentees were The Prime Minister and finance minister of the country.

From the Indian government, Mr Anand Sharma, Minister of Commerce and Industry, and Mr Kapil Sibal, Minister of Communications and Information Technology were among the participants interacting with domestic and foreign business players. Reliance Industries Chairman, Mr Mukesh Ambani; Chief Executive of Tata Consultancy Services, Mr N. Chandrasekaran; and the Chairman of SBI, Mr Pratip Chaudhuri were also present at the event.

Mr Sachin Pilot, Minister of State for Communications and Information Technology; Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission; Mr Nitin Gadkari, President, Bharatiya Janata Party; Mr Arun Maira, Member, Planning Commission; Mr Ashwani Kumar, Minister of State of Planning, Science and Technology and Earth Sciences; and Mr Sam G. Pitroda, Adviser to the Prime Minister on Public Information Infrastructure and Innovations were among others who attended the event.