AIMA: Better Take to Enter Emerging Markets

Gather business leaders from Asia and Africa to discuss issues relating to the management of the company and how to undertake to enter emerging markets. It is the goal of a conference of All India Management Association (AIMA) held Wednesday at an international conference center in Grand Bay. It was attended by Sachin Pilot, India's Minister of Communications and Information Technology, Xavier-Luc Duval, Minister of Finance and Cader Sayed Hossen-Minister of Industry. The summit was organized in partnership with the High Commissioner of India, Mauritius Enterpris and the Board of Investment.

Gautam Thapar To, chairman of the summit and CEO of Avantha Group, the world economy is experiencing terrible shocks and business leaders are called to change the way they manage their business. Taking the example of the crisis in Greece, he explains that entrepreneurs must have line of sight management strategies that suit the environment. He said the quality of businesses remains critical in the current context. "We must accelerate the development of human capital in emerging markets," he said.

"Funneled investments in India through Mauritius."

The Indian High Commissioner, TP Seetharam, present at the event, stressed the long relationship between Mauritius and India. Referring to the role of members of AIMA in India's growth, he said that they are faced with enormous challenges. He also recalled the recent visit of Prime Minister Navin Ramgoolam to India which he believes is a step in the consolidation of the relationship of the two countries. TP Seetharam said that thanks to Maurice investments were channeled into India. And to clarify that "Mauritius is willing to add value to investments in Africa. Mauritius is a place credible and incredible, "he emphasized. TP Seetharam also afirmé that Mauritius and India share an energy "entrepreneurial", a will to succeed, an ability to adapt to change and a willingness to face challenges.

"Lack of professionals"

Sachin Pilot said it is difficult to date, to find qualified employees. Global unemployment, he said, is due to a lack of professionals. This is why a skills development center was set up in India, allowing young people to be able to find a job upon graduation. Moreover, he also spoke of leadership is an important aspect for every business leader. "Innovation must be automatic in a changing environment. Companies that are not aware of the global scenario will not be able to adapt, "he said.

Cader Sayed-Hossen, said business leaders and professionals in the Management must interact, share experiences and have a better appreciation of the issues that impact on their operations. He also cited Mauritius as the first reference to Africa to do business and for economic freedom. Opportunities exist in Mauritius in the fields of agriculture, manufacturing, tourism, financial services, health, education and logistics, he added.

"Maurice is not a place of illicit transactions"

Finance Minister, Xavier-Luc Duval defended the financial center of Mauritius at the event. For him, Maurice is not a place for illicit transactions. "It is not advised anyone to use for illegal activities Mauritius and Mauritius is fully cooperating with the Indian authorities," he said. Xavier-Luc Duval also reminded that investments that have gone through Maurice helped the development of India. The conference, according to the Grand financier, brought together several foreign investors and it is essential that Mauritius continues on this path. This event not only helps to discover the Mauritian economy but also the possibilities of using Mauritius for access to surrounding areas.