Confederation of India Industry for the past five years has been successfully organizing a unique event, the suggestive name of this much touted event – “India Innovation Summit”. This congregation of innovators and corporate world brings in thought provoking and meaningful insights on the latest in Innovation. Each year the event carries a theme around which the summit revolves, the 5th India Innovation Summit theme was “Role of Innovation in an economic downturn – The India Advantage”.
The event attracts innovators and corporate world to a platform where new learning and meaningful results follow. During one of the previous summits the participants voiced the need to meet on a regular basis and thus evolved “The Innovation Forum”, as Kris Gopalakrishnan, chairman for the 5th Summit proudly shared this information. The Innovation Forum meets on a regular basis at Indian Institute Of Management –Bengaluru.
The 2 day India Innovation Summit included 9 sessions including panel discussions on key topics. Each session was headed by a Session Chairman had eminent innovators, speakers from industry and different walks of life (government representatives, politicians, stage artists, fashion designers, etc).
The keynote address was by Azim Premji. In his address Azim Premji highlighted the need of Innovation. In a startling revelation of statistics he mentioned that out of 500 fortune companies in 1957, only 74 survived to make it till the year 1997 and around only 30-40 survived till date. The data was relevant as these huge conglomerates ceased to exist due to lack of Innovation in the organization.
Each interesting session had lot of learning to offer for the participants. The Innovation Summit is getting better and better every season.
This year, the 6th Innovation Summit is around the corner (June, 2010). Watch out for this event which is going to be better than ever. Be there, be a part of the best in “INNOVATION World”.
Scribe : Rakesh
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