The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) organized an interactive meeting with Dr. Ajit Rangnekar, Dean, Indian School of Business, Hyderabad, at Sailing Annex, Tank Bund, Hyderabad. Mr. Shekhar Agarwal, President, FAPCCI, Mr. Narender Surana, Convenor – FAPCCI CEO Forum, Mr. Devendra Surana, Vice-President, FAPCCI, Mr. K. Harishchandra Prasad, Past-President, FAPCCI, Invitees, Members of Managing Committee, Past-Presidents & Members of the Federation were also present.
Mr. Ajit Rangnekar, Dean, Indian School of Business, Hyderabad while delivering his keynote address said about Inflation Corruption & Exodus (ICE) he said that Inflation is all time high with 97% those people living of cove down. He expressed that in next 20 years 35 Crores people are moving from Rural area to Urban area. He suggest that for those 35 crores people Indian Government has to plan for the necessary Infrastructure & skill development, where manufacturing, health, infrastructure & good Public Administration has to be growth lines. Mr. Rangnekar said that ISB is going to start new Institute at Moula-ali with in this Fiscal year. He talked about agriculture productivity and said that the instead of small agri unit’s big aggregate firms, short work & best technology must improve. For this Mr. Rangnekar said urban infrastructure should agree-cute much in advance before it got scumbled. Mr. Rangnekar compared Indian Urban Infrastructure with China urban development where china is planning multiple ring road planning’s for future development. He said that to improve the economic growth in society disciples must require. Mr. Rangnekar expressed that USA had done a big mistake by not given more importance to manufacturing sector, based on this he said that India contribution towards manufacturing sector is GDP 16% and it has to be increased to 25% in near future. Even he also said that not only manufacturing even India has to contribute toward Infrastructure, Agriculture, IT Sector, Health and other needs to change Indian economy. 
Mr. Shekhar Agarwal President, FAPCCI, said that Indian School of Business has been formed to bring in the best of global management practices and recognize the rapidly changing business leaders with an understanding of evolving economics. He said that the economic centre of gravity is shifting from the developed markets to the developing markets. Mr. Agarwal said that FAPCCI has been given representations on the Institute Management Committees of Industrial Training Institute, Andhra Pradesh, with the objectives of providing a platform for continuous quality improvement in training and is driven by the needs of Industries.
Mr. Agarwal even said that FAPCCI & ISB can work together in bringing greater awareness and immensely contribute to the economic growth of the state. For this Mr. Agarwal requested Dr. Ajit Rangnekar to kindly consider the Sharing study and Research reports published by ISB, Training for Upgrading MSME Units, Sharing of Webcasting, Involving ISB students in developmental projects and Organizing Joint Training Programs/Seminars. He said that these initiatives would definitely help FAPCCI & ISB to help the industry in achieving the global standards.
Mr. M.V. Rajeshwara Rao offered vote of thanks and expressed his thanks to the guests and participants.
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