Taking place in Bengaluru — the "Silicon Valley of India" — the GBF will focus on investment opportunities in the state of Karnataka and position India as an investment destination
NEW YORK, Feb. 5, 2024 /PRNewswire/ -- World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Bengaluru will host the 54th annual WTCA Global Business Forum (GBF) in Bengaluru, India from March 3-6.
This will be the first time WTCA presents its newly rebranded Global Business Forum (formerly called the "General Assembly") in India to focus on the B2B aspect of the event. The rebrand further accentuates WTCA's core mission, "Connecting Businesses Globally," by shifting focus to the expansion of Members' international trade presence and integration into various global supply chains.
The association's premier annual event will bring together WTCA Members and their global networks consisting of leaders in business, government, academia, media and international organizations — reflecting WTCA's diverse global footprint. Over 80 WTC businesses from 30 countries/territories have already confirmed their participation with more to follow. This includes representations from: Algeria, Armenia, Australia, Brazil, Canada, China Mainland, Cyprus, Egypt, France, Germany, Ghana, Guyana, Iraq, Ireland, Jordan, Lebanon, Libya, Malaysia, Mexico, the Netherlands, Nigeria, Palestine, Panama, the Philippines, Portugal, Romania, Saudi Arabia, Spain, Syria, Taiwan, Tunisia, the United Kingdom, the United States, Vietnam and Yemen, with several WTC businesses bringing delegations to participate in the B2B matchmaking aspect of the event.
With the theme of "EPIC: Empowering Progress through Innovation & Collaboration," the Forum will feature an engaging keynote address and panel discussions, including a special address from the Honorable Chief Minister of Karnataka Sri. Siddaramaiah and felicitations from the Honorable Deputy Chief Minister of Karnataka Sri. D.K. Shivakumar on Monday, March 4. Romal Shetty, CEO of Deloitte South Asia, will provide the keynote address to set the theme of this year's GBF and unveil the new Deloitte research report ''India as an Investment Destination.'' Other notable speakers include M.R. Jaishankar, Executive Chairman, Brigade Enterprises Limited who will provide the opening address alongside John E. Drew, Chair, WTCA Board of Directors. A robust agenda of panel discussions on AI & tech start-ups, exporting overseas, agritech, and real estate will include moderators and panelists: Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited and Brigade REAP; Remy Swaab, Vice-Chair, WTCA (WTC Panama); Uma Reddy, Vice President, Federation of Karnataka Chambers of Commerce & Industry (FKCCI); Prashanth Gokhale, President, Bühler Group India Private Limited; Pavitra Shankar, Managing Director, Brigade Enterprises Limited; Mr. Naresh V. Narasimhan, Managing Partner & Principal Architect, Venkataramanan and Associates (VA); Dr. R. Srinivas, Subject Matter Expert on Smart Cities; and Dr. Tuan Anh, CIO/CXO, Becamex (WTC Binh Duong New City).
"This year's GBF will not only showcase India, specifically Karnataka, as a rising investment destination of the world, but also serve to strengthen relationships between industry leaders," said Vineet Verma, Managing Director of World Trade Center Bengaluru, Chennai and Kochi; and newly-appointed WTCA Board Member. "This will be an invaluable opportunity to interact with leading innovators and invest in India's growing economy — backed by our dynamic and skilled workforce."
The Forum will demonstrate the strength of the global WTCA network, facilitate business relationships and focus on investment opportunities in Karnataka across 12 diverse industry sectors including: Agriculture & Food Processing; Automotive; Aviation & Aerospace; Biotech; Education; Heavy Engineering; IT, ITeS & Electronics; Manufacturing; Real Estate & Construction; Tech Startups; Textile & Garments; and Travel & Tourism. In partnership with the Bangalore Chamber of Industry and Commerce (BCIC), the event will offer onsite B2B matchmaking services, connecting international delegates with business opportunities in the state of Karnataka. The full GBF program agenda is available here.
India stands as the world's fifth largest economy by nominal GDP, and the third largest by purchasing power parity. Bengaluru, often referred to as the "Silicon Valley of India," is renowned for its cutting-edge advancements and innovation hub status. The GBF's strategic location in Bengaluru will afford WTCA Members and attending delegates with the opportunity to tap into the region's dynamic and rapidly growing business landscape.
"India is experiencing rapid economic growth, coupled with a surging demand for commercial infrastructure and global business connectivity. As a result, our network has grown phenomenally in the country during the past decade. Today, we have our second largest membership cluster here with 40 Members representing most of India's major cities and contributing to India's sustainable development," said John E. Drew, Chair, WTCA Board of Directors. "Bengaluru's entrepreneurial spirit makes it an ideal setting for fostering synergies and exploring lucrative business opportunities in one of the world's most promising economic regions."
For more information about the 2024 WTCA Global Business Forum, please visit https://wtca.swoogo.com/2024gbf/4132448. Also, follow along on social media via #WTCAEvents.
MEDIA CONTACTS:
World Trade Centers Association (WTCA)
Chanelle Dimalanta
Phone: +1 212 432 2644
Email: cdimalanta@wtca.org
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About World Trade Centers Association (WTCA)
World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in 91 countries. As the owner of the "World Trade Center" and "WTC" trademarks, WTCA licenses exclusive rights to these brands for Members to use in conjunction with their independently owned, iconic properties, facilities and trade services offerings. Through a robust portfolio of events, programming and resources that it offers its Members, the goal of WTCA is to help local economies thrive by encouraging and facilitating trade and investment across the globe through Member engagement. To learn more, visit www.wtca.org.
About World Trade Center (WTC) Bengaluru
World Trade Center (WTC) Bengaluru is a licensed member of the World Trade Centers Association (WTCA), headquartered in New York. Promoted by the Brigade Group, it was set up in 2010 to help develop an international business platform specific to the region of Bengaluru and Karnataka as a whole. WTC Bengaluru meets specific needs of its clients & partner organizations by providing international market research, business matchmaking and connections to valuable public and private resources, as well as through the planning of strategic trade missions, trade educational programs and networking events. In addition to Bengaluru, the Brigade Group has operational WTC businesses in Chennai & Kochi along with upcoming locations in Hyderabad, Devanahalli and Thiruvananthapuram. To learn more, visit www.wtcbengaluru.org.
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