CNBC-TV18 and YES BANK join forces to drive India towards a $10 trillion economy

India‘s remarkable economic growth has positioned it as the world’s fastest growing major economy, surpassing even the most optimistic predictions. Prime Minister Narendra Modi has set an ambitious target of creating a $10 trillion economy, igniting high expectations for the country’s future.

In order to achieve this goal, CNBC-TV18 and YES BANK, in association with Max Life Insurance, are collaborating to organize the Growth Summit – A Vision for a $10 trillion economy. This platform aims to bring together business leaders, policymakers, experts, and visionaries across five cities to explore growth opportunities, address emerging challenges, and devise new developmental pathways.

The Growth Summit series will focus on reconciling sectoral and regional business prospects with India’s growth priorities. Each edition of the summit will integrate the unique characteristics of the host city’s business landscape into a unified vision of national development.

The inaugural Growth Summit is scheduled to take place in Mumbai on February 8, 2024. The theme of this summit is ‘Turning Aspirations Into Assets: How India’s wealth can spark a new cycle of growth’. Mumbai’s prominence in the financial system will be leveraged to discuss how investment trends can be strengthened to channel capital resources towards achieving key developmental outcomes.

The summit will commence with an opening address by Mr. Prashant Kumar, the Managing Director and CEO of YES BANK, followed by a fireside chat with a prominent institutional leader. Two high-profile panel discussions will provide insights into how India can revitalize private investment and its role in fostering a growth mindset.

An important aspect of the summit is the involvement of Max Life Insurance, which recognizes the need for financial security as India pursues exponential growth. According to Prashant Tripathy, the Managing Director and CEO of Max Life Insurance, securing the financial future of millions in India contributes to building a resilient economy on the foundations of financial security.

Mumbai’s Growth Summit will be followed by events in Ahmedabad, Bangalore, Delhi, and Hyderabad, each showcasing the dominant growth areas and their significance in India’s overall growth narrative. The summits will be broadcast to a national audience through CNBC-TV18’s extensive coverage, ensuring strategic growth insights reach a wider audience across sectors and regions.

The Growth Summit series will provide a glimpse of India’s immense growth potential, shedding light on the people, processes, and products that will contribute to its realization in the coming years. The impending growth spurt will create numerous opportunities and benefits for every citizen, revitalizing the dream of a developed India.