New Project 19

Theme

Conference Theme: THE IMPACT OF INTERNATIONAL BUSINESS ON ECONOMIC GROWTH & REVIVAL

Escalating trade tensions and a slowing global economy have led to lower trade growth in recent years. Growth in emerging markets and developing economies have also been weak amid softening external demand as trade conflicts heighten uncertainty and delays productivity-enhancing investments by businesses. Protectionism has been on the rise with the return of interventionist tariff policies. How do they impact the flow of goods and services?

The Indian Government declared its commitment to making India a USD 5 trillion economy by 2024-25. This ambitious target of doubling the country’s GDP in less than five years is challenging. In order to fulfill this vision, Indian industry - be it in manufacturing or services, needs to step up growth and rapidly create employment opportunities.

International business will play a significant role in enabling and sustaining this aspirational growth. Indian multinationals or emerging country multinationals or EMNEs (as they are popularly known), have already made a mark for themselves in the global business environment. Be it pharmaceutical companies, leading Indian Business Houses or new age IT companies, Indian EMNE success stories are the preferred case studies in B-schools across the world. Now the time has come to replicate these successes stories on a much wider scale and make Indian EMNEs the drivers of the economic growth in India.

The 2020 AIB - India Chapter Conference will explore such exciting challenges that need attention on issues related to capital investments, Make-in-India programs, resource commitments, international entrepreneurship, banking, taxation, ease of doing business, ease of living, equality and economic opportunity, as well as sustainability as some of the focus areas. Taken together, these shall have an impact on public policy, innovation, firm strategies and business models in domestic as well as the international markets. The path ahead is arduous, but positive moves towards the stated objective are gaining traction. India is a gigantic country in geography and a diverse country in demography. With de-regulation and digitalization spurring demand, knowledge- sharing and value-creation for individuals, organizations, society, nation and the world at large warrant revisit of policies and strategies; reforms and regulations; knowledge and skills inventories; and management and governance frameworks through relevant and rigorous research and empirical evidence, using qualitative and quantitative methods to produce actionable agenda on achieving the USD 5 trillion GDP.

Thus, the conference aims to usher in and broaden insights in creating synergies, increasing value-add and producing positive results for all the stakeholders. More specifically, it will focus on what external and internal factors would inspire Indian enterprises to formulate strategies and approaches to translating the challenges into timely opportunities that foster social progress, economic advancement, balanced development and inclusive growth.

From a theoretical point of view, economies like India are a new context with their own characteristics in terms of how their resources are configured when compared with developed countries. Different perspectives and contributions that provide ideas, inputs and insights and provide a strong scholarly and professional approach to opening new pathways that can see India leapfrog into the ‘developed’ status, would be welcome.

Conference Tracks:

Submissions addressing the conference theme may pertain to the following potential topics including and not limited to:

  • Economic outlook
  • International Entrepreneurship
  • Banking and taxation
  • SMEs and new ventures
  • Make-in-India initiatives
  • Internationalization and human resource management
  • Politics, Culture, Sustainability and Internationalization
  • International Marketing
  • International Trade and IB
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