Codex India Business Summit London 2016 Highlights

Codex India Business Summit 2016 in London
Codex India Business Summit 2016 in London

 

Codex India business summit held in London on 28th June 2016. Eminent speakers included Rt Hon John Redwood MP, Mihir Bose, James Crabtree, Simon Lister, Prof Sunil Khilnani, Dr David Landsman, Jaideep Prabhu, Mukulika Banerjee, etc.

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Below are some of the highlights of the Codex Summit.

  • Farmers in Indian Agriculture sector are losing money.
  • 5 states in India have experienced drought for more than 12 months, however, very less has come in the national media or press although regional media did fairly better job in highlighting the poor conditions of farmers.

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  • 5 Days Test cricket is vanishing in India
  • Economics of Indian cricket managed around 80% of world’s cricket business
  • Debt is piling up in the UK on cricket stadium as around 10 to 11 cricket stadium are chasing around 4 test matches in a year.
  • India IPL cricket 20/20 success can be attributed to the element of “unexpectedness”  because when test matches happen between countries, high probability can be assessed which country would win.
  • The idea was discussed to include short form of cricket in the Olympics however idea was not well received as Cricket is played in very few countries. Also Cricket is not included even with in the Asian countries and perhaps another reason could be that games may not received the best players.

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David Walker MD SARE Homes
David Walker MD SARE Homes

David Walker Managing Director of Sare Homes in India raised the main fundamental problems property developers/ entrepreneurs facing in India, while the development of smart cities are in progress.

He cited example based on his personal experience in India that , “Road connectivity is in bad condition”.

Electricity supply is not regular and barely 12 hours a days in most of the Indian states”.

Water supply is limited and refuge collection should be the main priority and if that can be achieved than perhaps the point of development of 100 smart cities in India can be more meaningful.

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