Bangalore: Intex Technologies, one of India’s fastest growing IT Hardware, Mobile Phones and Electronics Companies, participated at the 8th PanIIT Conclave 2010- a well-attended 3-day technology summit for industry, academia and the government, including alumni of the prestigious IITs, at India Expo Mart, Greater Noida, from Oct 29-31, 2010.

The Cyber Café at the conclave was put up by the company as a small measure of its support. The company also participated in the exhibition at the venue where it showcased its entire range of products.

Mr. Ramesh A Vaswani, Executive Vice Chairman of Intex Technologies is an alumnus of IIT-Madras. He was a member of the organizing committee for this conclave.

The theme of the meet was Sustainable Transformation: Our New India. It was inaugurated by H.E. Smt. Pratibha Devisingh Patil –President of India. The plenary session speakers included Dr. Farooq Abdullah-Minister of New and Renewable Energy, Dr. Sam Pitroda- advisor to Prime Minister of India and the eminent economist, journalist and author Mr. Tom Friedman.

Mr. Vaswani was the host for a special session on Innovative Financing-Inclusive Approaches- where the guest speakers were Mr. O.P. Bhatt-Chairman- SBI, Mr. Ramesh Rewari- Deputy MD- SIDBI, and Mr. Vijay Mahajan-Founder- BASIX.

Reflecting on the various sessions held, Mr. Vaswani commented that he was most impressed by the closing plenary session  – Building a Sustainable Future: The Green Society where the guest speakers were Mr. Jeffrey Sachs, Director-Earth Institute-Columbia University,  Dr. Montek Singh Ahluwalia- Deputy Chairman, Indian Planning Commission and H.E. Lyonchhoen Jigmi Y Thinley- Prime Minister, Bhutan.

The Bhutan PM elaborated the concept of Gross National Happiness (GNH) as a measure of a country’s progress rather than Gross Domestic Product (GDP).

“The various issues of Green Vs. Growth need to be addressed very seriously by each country individually and collectively to change the mindset of its citizens. The materialistic needs must show a declining growth rate if future generations are to enjoy the natural resources of nature and Mother Earth” Mr. Vaswani added.