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  • “We need more than 100 satellites in operation” – Former ISRO Chairman at World Hindu Economic Forum

    Published on September 30, 2019

    Mumbai: The vibrant cohort of delegates at ‘World Hindu Economic Forum’ (WHEF) drew to a close amidst a host of enthusiastic and highly inspired delegates. The three days saw massive networking and exchange of ideas facilitated between influential individuals representing over 37 countries.

    The sessions on the last day covered economically relevant aspects of India — infrastructure, science, technology and innovation.

    Deliberating on driving entrepreneurship, accelerating industrial growth and providing large-scale employment, ‘Infrastructure and Real estate’, Shri Gautam Chatterjee, Chairperson, MahaRERA (Maharashtra Real Estate Regulatory Authority) said, “MahaRERA accounts for more than 50% of Bharat’s real estate project registrations and more than 60% of real estate agents’ registrations in the country. The best thing that happen is speedy grievance redressal between buyers and sellers as on an average we are able to solve 9 out of 10 disputes.”

    Shri Murali Malayappan, CMD, Shriram Properties Ltd said, “Quoting Chanakya— Unless we create economic prosperity in this country, you will not be recognized.”

    The closing remark from Murali Malayappan, CMD Shriram Properties LTD s was “How do we create wealth and also be humble. This quality is naturally present among all Hindus. A true Hindu knows how to detach himself from the wealth that he has created.”

    Drawing attention on how technology has advanced over the recent few years and how it has been the driving force of Bharat’s economy, Dr. A S Kiran Kumar, Former Chairman, ISRO, Bengaluru, Shri Deepak Ghaisas, Chairman, Gencoval, Mumbai and Dr. Anand Deshpande, Founder Chairman & Managing Director, Persistent Systems, Mumbai delivered an interesting session. Dr. A S Kiran Kumar said, “The point that we are trying to see here is the use of space technology, whether it is for navigation or communication. We are now able to provide a large number of satellites for transponders, whether it is for connectivity or even for Gram Panchayats providing bandwidth signals. As of now we have 50+ satellites providing us communication, navigation, transponders and earth observation capability. But for a country like ours, this is not sufficient. We need more than 100 satellites in operation.”

    Speaking about the great opportunity India has to lead in Biotechnology and development of regenerative medicine, Shri Deepak Ghaisas said, “If we do our own research, if we create our own infrastructure, the amount of stem cells that we can collect here and the situations that they give, I think there will be a great opportunity for India to lead the Advanced Therapeutic Medical Products.”

    Dr. Anand Deshpande said “We were considered as the bank-bad country but now more than 70-90 crore people have bank accounts due to the emergence of digitalization.”

    Concluding the event, Shri Shailesh Trivedi said, “I would like to extend my heartfelt gratitude all to all the delegates and various partners for helping us put together the 2019 conference.” Swami Vigyananad ji concluded by saying, “ I am sure that this platform has provided plenty of business opportunities amongst our delegates, apart from imbibing valuable knowledge from our esteemed speakers. We look forward to the next World Hindu Economic Forum 2020, scheduled to be held in The Hague, The Netherlands, July 6th – July 8th 2020 under the able leadership of Shri Sradhanand Sital, President of the organizing committee.”


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