Fortune Magazine's annual conclave starts for first time in India

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Fortune Magazine's annual conclave, a million-dollar event that is attended top global CEOs, economists and policymakers from across the world, started in India's capital Tuesday.

This is going to be Fortune's tenth global forum. It was held in Beijing last year.

"Where better to hold this pivotal conversation than the capital of India, a country rising to the top of the agenda for every CEO whose company has a global portfolio. Few world markets offer as much promise and potential as this emerging Asian powerhouse," a statement from the magazine said.

"The forum is globally acknowledged as it acts as a significant platform for in-depth understanding and analysis of the economic, political, social and cultural dimensions of a country that is both intriguing and contradictory," it added.

The two-day event is being held at the capital's Imperial Hotel. Some prominent speakers include Cisco's John Chambers, Dell's Michael Dell, US treasury secretary Henry M. Paulson Jr., economist Thomas L. Friedman, Sony Music's Andy Lack, Autodesk's Carol Bartz and Samsung's H.B. Lee.

The event is open solely to chairmen, presidents and CEOs of large multinational companies. The forum will discuss and debate issues related to "Mastering the Global Economy".

Indo-Asian News Service

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