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Union Minister of Commerce and Industry, Shri Piyush Goyal, said that in the last few years India has entered into nine free trade agreements with 38 developed nations, covering many of the world’s advanced economies. He noted that these agreements provide preferential market access to nearly two-thirds of global trade and emphasised that Indian industry, farmers, MSMEs and artisans must leverage these opportunities through a strong focus on quality.

Addressing the National CSR Announcement for FY 2026–27 and Scholarship Distribution launch by Malabar Charitable Trust in New Delhi today, the Minister noted that these agreements have opened up global markets for Indian goods and services at reduced or zero duty, giving Indian exporters a competitive advantage. He highlighted that sectors including MSMEs, farmers, fishermen, and artisans stand to benefit significantly from this expanded market access, provided there is a continued emphasis on high-quality production and services.

Shri Goyal also commended the commitment of allocating 5% of net profits towards corporate social responsibility (CSR), describing it as a significant step that goes beyond statutory requirements and sets an example for others to follow. He said it is truly remarkable to see the commitment with which corporate social responsibility has been taken up by the group, and expressed confidence that it would serve as a role model for many others.

Shri Goyal observed that the spirit of charity is deeply embedded in the ethos of Indian society, where individuals across all sections instinctively come forward to help those in need. He added that while the CSR framework has contributed to increasing participation, initiatives that go beyond mandated levels reflect a genuine commitment to social responsibility.

Highlighting the significance of the initiative, the Minister noted that such efforts validate the belief that organisations can voluntarily go beyond prescribed norms and contribute meaningfully to society. He also referred to instances where CSR commitments are often announced as future pledges, while emphasising the importance of current and tangible delivery.

Shri Goyal underscored the importance of women-led development, recalling that Bharat Ratna Dr. B.R. Ambedkar had emphasised that communities prosper when women prosper. He highlighted that under the leadership of Prime Minister Shri Narendra Modi, sustained efforts have been made to promote education and empowerment of girls, with a vision that every girl should have the opportunity to contribute to the nation’s development.

Emphasising inclusive development, the Minister stated that every citizen is capable and deserving of opportunity, and that the government is committed to ensuring access to basic necessities such as food, housing, healthcare, education, electricity, water and digital connectivity for all. He noted that such efforts are aimed at enabling every individual to participate in the journey towards a developed India.

He called upon all stakeholders to view citizens as contributors to the vision of Viksit Bharat 2047 and emphasised the importance of unity and collective effort. Referring to the spirit of solidarity witnessed during times of crisis such as the COVID-19 pandemic, he highlighted the need to transcend differences and work together as one nation.

The Minister also noted that despite global challenges, including ongoing conflicts impacting trade and logistics, India remains focused on strengthening its economic engagement.

Shri Goyal highlighted the importance of skilling and capacity building, including language training and quality education, to enhance global opportunities for India’s youth. He noted that initiatives supporting education, nutrition and social welfare contribute significantly to the country’s development journey.

Commending the efforts of all stakeholders involved, the Minister expressed confidence that such initiatives would encourage broader participation in social development and help expand opportunities for those who have not yet had access to them. He extended his best wishes for the success of the initiative and for the 33,000 children who will receive benefits and scholarships under the programme.

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Mumbai, March 13, 2026: As Artificial Intelligence moves from buzzword to boardroom priority, the Bombay Chamber of Commerce & Industry brought together some of India’s foremost business leaders at its CEO AI Conclave 2026 to explore how enterprises must evolve in an AI-driven world.

Opening the conclave, Rajiv Anand, President, Bombay Chamber and MD & CEO, IndusInd Bank, set a clear direction for India Inc.—the time to treat AI as a peripheral initiative is over. “India stands at a defining moment where AI must move beyond experimentation to become a core operating system for enterprises,” he said, urging organisations to think beyond fragmented use cases. “The real opportunity lies not just in adopting AI, but in embedding it contextually into business processes and decision-making frameworks.”

Drawing on India’s digital transformation journey, he pointed to the impact of the country’s digital public infrastructure. “Our digital stack transformed governance and citizen services in ways once considered impossible—AI now has the potential to extend that transformation across industries,” he added.

The panel discussion that followed, moderated by Srikanth RP, Editor, Express Computer, brought together A.S. Lakshminarayanan, MD & CEO, Tata Communications; Girija Subramanian, Chairman-cum-Managing Director, The New India Assurance Co. Ltd.; Dr. Indu Shahani, President & Chancellor, ATLAS SkillTech University; and Sharad Mahendra, Joint Managing Director & CEO, JSW Energy Limited. 

The discussion focussed on the need to fundamentally rethink how organisations approach AI. A.S. Lakshminarayanan observed, “Many organisations are still treating AI as a series of projects. The real shift is toward building an AI operating system that fundamentally transforms how businesses function.” 

At the same time, the panel acknowledged India’s unique position in this transition. Mahendra pointed to the country’s inherent adaptability as a critical strength, noting, “AI adoption in India is happening at an encouraging pace. There is a natural openness to adapt, and that gives Indian enterprises a strong edge in leveraging emerging technologies.” 

The conversation also turned to the transformative implications for India’s vast MSME ecosystem. Subramanian highlighted how AI could help bridge long-standing capability gaps, observing, “AI has the potential to level the playing field. MSMEs, which traditionally lacked access to sophisticated systems and processes, can now operate on par with large corporations.” In this context, AI is seen not just as a driver of efficiency, but as an enabler of inclusion and equitable growth.

Adding a human dimension to the discussion, Dr. Indu Shahani focused on the changing nature of skills and leadership in the AI era. She underscored the importance of openness to learning across hierarchies, stating, “Reverse mentoring is becoming essential in the AI era. Leaders must be open to learning from younger, digitally native talent who are not just preparing for the future—they are ready to create it.” As the discussion progressed, the panel collectively reflected on AI’s broader role in shaping India’s development trajectory. There was a shared recognition that AI could replicate—and even amplify—the impact of earlier digital innovations. 

A key highlight of the evening was the launch of The CEO’s AI Playbook: Unlocking the Strategic Value of AI, a landmark publication by the Bombay Chamber in collaboration with the Indian Express Group (Express Computer). Featuring insights from nearly 50 CEOs, the Playbook captures how AI is driving enterprise transformation—shaping growth strategies, governance, operational excellence, and customer impact across industries.

The conclave concluded with a vote of thanks by Sudhanshu Vats, Senior Vice President, Bombay Chamber and Managing Director, Pidilite Industries Ltd., who reflected on the significance of the dialogue and the responsibility to carry it forward. “This conclave reflects the Chamber’s commitment to staying at the forefront of transformative conversations, even as one of India’s oldest institutions,” he said, adding that the insights shared must continue to resonate beyond the room. 

Bringing together diverse perspectives and practical insights, the AI Conclave 2026 reinforced a clear message: for India Inc., the future of AI lies not in isolated adoption, but in integrated, enterprise-wide transformation—one that has the potential to redefine competitiveness, inclusion, and growth in the years ahead.

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Mumbai: Bombay Chamber of Commerce & Industry recently organised its HR Conclave themed HR Kinetic: Leadership in the Age of Gen Z at Four Seasons Hotel Mumbai.

Welcoming the delegates, Sandeep Khosla, Director General, Bombay Chamber said, “Today’s Conclave focuses on one of the most significant workforce shifts of our time—the rise of Gen Z in the workplace. As the first generation of true digital natives, Gen Z is bringing new expectations around purpose, flexibility, inclusion, and impact. They are not only entering organisations but are also reshaping workplace culture and redefining what leadership means in the modern era. For organisations and leaders, this shift requires a fundamental rethink of how we engage, motivate, and develop talent. Leadership today must be more agile, empathetic, and transparent, while workplaces must evolve to foster collaboration, innovation, and well-being. The theme of this conclave—HR Kinetic—reflects precisely this need for dynamism and adaptability. In an environment marked by rapid technological change, evolving workforce expectations, and new models of work, HR leaders play a pivotal role in shaping organisations that are future-ready and resilient.”

Setting the theme for the Conclave, Ruhie Pande Chairperson, HRM Committee, Bombay Chamber and Group CHRO & CMO, Serentica, Resonia, and Sterlite Electric said, “This is the first time in history that five generations are working together, and they are doing so in a world that is changing faster than any leadership playbook we inherited. the real question for us today is not ‘How do we manage Gen Z?’ It is: How do we lead in a world where Gen Z is setting the pace—and AI is rewriting the rules?”
She observed that the human–machine leadership challenge is where HR must balance efficiency with meaning and fairness. “Where does this leave us—as HR leaders, business leaders, and culture carriers? It tells us three things. First, leadership is shifting from control to context. People don’t need to be told what to do as much as they need to understand why it matters. Second, HR’s role is moving from policy to experience design. Not just benefits and processes—but how work feels on a Monday morning. Third, credibility now comes from learning velocity, not tenure. Gen Z respects leaders who are curious, adaptive, and willing to unlearn. AI can give us data. Gen Z is giving us feedback. The question is whether we are listening—or defending,” she pointed out.

In his keynote address on Redefining Work Culture: How Gen Z is Transforming Well-being, Flexibility, and Authenticity at Work, Dr. Adil Malia, Mentor, HRM Committee, Bombay Chamber and CEO, The Firm stated, “Managing Gen Z (and upcoming generations) is fundamentally different from managing earlier generations; traditional leadership and management styles will not work.

Organisations risk making serious strategic mistakes if they apply old management frameworks to new-generation employees. We should focus on what motivates Gen Z? What do they value at work? How are expectations around leadership, flexibility, and purpose different? What leadership behaviours work best for them?”

To prepare for the Gen Z workforce, Dr Malia said that HR leaders must, “Understand deep generational insights first. Filter and evaluate each organisational system through the lens of Gen Z behaviours and expectations and integrate all systems cohesively rather than implement isolated best practices. Sustainable value creation requires system-wide integration, not random adoption of tools or trends. Cultural and systemic change will not happen automatically. Leaders themselves are responsible—it cannot be delegated, wished for, or spoken into existence. Real change requires deliberate action, effort, and ownership from leadership and leaders must actively drive transformation to make organisations future ready.”

This was followed by a panel discussion on Leading with Authenticity: What Leaders expect from Gen Z & Vice versa. The panel was moderated by Dr. Sanjay Muthal, Member, HRM Committee, Bombay Chamber, and CEO, Argolynx Consulting LLP and the panelists included Shefali Kohli, CHRO – Chemicals, Filament Yarn & Insulators, Aditya Birla Group; Reena Tyagi, Chief People &
Organisation Officer, Generali Central Life Insurance and Amit Chincholikar, Group President – HR, Hinduja Group Ltd. The panel highlighted the core leadership challenge of understanding who Gen Z really are and adapting leadership and supervision styles accordingly. The members observed that what Gen Z truly seek is Authenticity, Trust and Transparency.

The second panel discussion deliberated on Empowering Gen Z: Technology, Hybrid Work and the Skills for Tomorrow. The moderator was Ruhie Pande and the panelists were Sejal Mody, CHRO, Akasa Air; Sanjivani Sadani, Chief People Officer,
Cipla; Megha Goel, CHRO, Godrej Properties Ltd and Somna Singh, Country HR Head, Bank of America Merrill Lynch. The key takeaways were that Gen Z is a catalyst, not a challenge. That AI must enhance judgement, inclusion and empathy and learning must be relevant, short, and human. The panel concluded that flexibility, purpose, and trust are universal—not generational and that organisations must evolve with Gen Z, not design for Gen Z alone.

This was followed by The Great HR Debate on AI a Tool for Business Value Creation Or Disruption. The debate was moderated jointly by Dr. Tanaya Mishra, Member, HRM Committee, Bombay Chamber & Global CHRO, In-solution Global Ltd and Lucky Kulkarni, Member, HRM Committee, Bombay Chamber, Group CHRO & Member Management Committee, Jeena & Co.
The panel members were Rita Verma, Chief Talent Officer, Omnicom Media India; Harsha Almad, VP, India Consulting Hub Lead, Wipro; Sareeta Bhatikar, CHRO, Jio-bp and Dr. Prasanth Nair, Member HRM Committee, Bombay Chamber & CHRO, Crompton Greaves Consumer Electricals Ltd.

The debate was followed by a CEO session moderated by Hareesh Tibrewala, Founder and CEO, Manabu AI Services and the panel included Pankaj Gupta, MD & CEO, Godrej Finance; Abe Thomas, CEO – Music Broadcast Ltd. and Gopal Asthana, CEO, Tata CLiQ.

March 13, 2026; The REITs & Asset Tokenisation Conclave 2026: Blocks to Billions – Advancing India’s Real Estate Future, organised by the Bombay Chamber of Commerce & Industry, brought together regulators, legal experts, real estate professionals, investors, and technology innovators to discuss how digitalisation, tokenisation, and regulatory reforms are reshaping India’s real estate investment ecosystem. The conclave examined the growing role of Real Estate Investment Trusts (REITs), fractional ownership, and blockchain-enabled tokenisation in unlocking liquidity and expanding investor participation in real estate markets.

In his Welcome Address, Sandeep Khosla, Director General, Bombay Chamber of Commerce & Industry, emphasised the Chamber’s role as a platform for constructive dialogue between industry stakeholders and policymakers. He highlighted that as real estate evolves through digital transformation and financial innovation, forums such as this provide an important opportunity to examine regulatory developments, emerging investment structures, and the broader implications of technology-driven financial markets.

Setting the context for the discussion, Shaan Zaveri, Partner, Terazo, delivered the Theme Setting Address, highlighting the convergence of financial innovation and digital infrastructure in reshaping how real estate assets are structured, distributed, and accessed by investors.

Delivering the Keynote Address, Rajesh Bansal, Former Chief Executive Officer, Reserve Bank Innovation Hub, spoke about the transformative potential of REITs and asset tokenisation in India’s real estate ecosystem. He noted that digitalisation can significantly enhance accessibility in real estate investments while improving transparency and efficiency across the sector. Emphasising that tokenisation represents an inevitable evolution in financial markets, he highlighted the need for a more professional, well-regulated, and investor-friendly real estate environment to support sustainable growth.

The first panel discussion, Regulatory Reforms and Investor Perspectives, examined the evolving regulatory landscape and the structural challenges associated with tokenised real estate assets. The session was moderated by Ajit Krishnan, Tax Partner, EY India, and featured Sudhakar Deshmukh, Director – Complaint Management, MahaRERA; Sandeep Parekh, Managing Partner, Finsec Law Advisors; Devi Shankar, Head – Real Assets & Family Office Investments, CBRE; and Girish Singhi, Founder, Crest Capital.

The discussion highlighted that tokenisation represents a shift toward a more digital real estate marketplace, but its success will depend on reliable digital land records, strong blockchain infrastructure, and supportive regulatory frameworks. Panellists emphasised that global experience suggests the need for a well-developed ecosystem before tokenised assets can scale effectively. They also noted that investors must clearly understand that purchasing tokens represents a financial interest linked to an asset rather than direct ownership of property. Additionally, transparency of assets, governance standards, and gradual regulatory adoption were identified as key factors for building long-term market confidence.

Delivering a Special Address on the Roadmap to Tokenised Assets, Pramod Rao, Former Executive Director, Securities and Exchange Board of India (SEBI), underscored the importance of strong regulatory frameworks in enabling innovation within financial markets. He noted that the responsible adoption of new instruments such as REITs and tokenised assets must be supported by transparency, investor protection, and regulatory oversight to ensure long-term stability and trust in India’s capital markets.

The second panel discussion, Real Estate Funds 2.0: Tokenisation Meets Digital Distribution, explored how technology platforms are transforming the way real estate investments are structured and distributed. The session was moderated by Neil Borate, Editor-in-Chief, The Fynprint, and featured Shiv Parekh, Founder & CEO, hBits; Shaan Zaveri, Partner, Terazo; Gaurav Gadhecha, Partner, Terazo; and Deakin Daney, Chief Business Officer & Head – RealX Whitebox.

The panel highlighted how digital platforms and tokenisation can expand access to real estate investment by lowering entry barriers and enabling fractional ownership structures. Speakers noted that digital distribution models could improve liquidity in traditionally illiquid real estate assets, allowing a broader pool of investors to participate. At the same time, they stressed that regulatory clarity, strong governance frameworks, and transparent investment structures will be critical for building investor confidence and scaling these innovations in India’s real estate market.

The conclave concluded with a Vote of Thanks delivered by Ashith Kampani, Chair – PE & VC Committee, Bombay Chamber of Commerce & Industry and Chairman, CosmicMandala 15 Group, followed by networking among participants.

The Bombay Chamber of Commerce and Industry, in partnership with Headquarters, Western Naval Command, convened this exclusive Navy–Industry Synergy Conclave on March 6, 2026.

The conclave brought together senior leadership of the Indian Navy — including Vice Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief, Western Naval Command, and Vice Admiral Ankur Sharma, Director General Naval Projects Mumbai — along with distinguished officers and select industry leaders for a focused dialogue on strengthening Navy–Industry collaboration.

The discussions centred on co-creating future-ready maritime capabilities, fostering indigenous innovation, strengthening secure supply chains, and building a resilient maritime ecosystem.

Industry leaders also had the rare opportunity to undertake an exclusive visit to the submarine and warship facilities, gaining valuable insights into the operational capabilities of the Indian Navy.

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