Technology and Sustainable Innovation at the 8th GlobalSpin Innovation Summit in 2024

Attention India
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With a flourish, the Globalspin Innovation Summit, which took place on March 17, 2024, came to an end, signaling a major advancement in sustainable development and technology. Carefully planned by GLOBALSPIN and its founder, Yash Arya, in association with the National Small Industries Corporation, Ministry of MSME, Govt. of India; Emerging Technology Council (ETC); and IAMKHADI, the summit brought together a distinguished group of policymakers, business leaders, and tech visionaries to celebrate innovation.

Highlights from the Premiere and Reveals

The initial session of the event began with the ceremonial lamp being lit, setting the tone for a day centered around the SME sector and “Tech for Good.” Keynote addresses by Mr. Mahaveer Singhvi, Joint Secretary Ministry of Foreign Affairs, Government of India, along with perceptive remarks from Chief Guest Rajya Sabha MP Mr. Suresh Prabhu and industry stalwart laid the groundwork for a series of groundbreaking unveilings. Dr. Ajit Nigam, CEO of the NIFT Foundation for Design Innovation, Ministry of Textiles, Government of India; Inaugural Address by Mr. Amitabh Nag, CEO Bhashini and Director Digital India Corporation, MEITY; Special Address by Mr. Rajeev Saxena, Joint Secretary Textiles, Government of India; and Chief Guest

1. Green Chain Protocol: Government policymakers and Raj Kapoor introduced the Green Chain Protocol. This program emphasizes the role of technology in promoting sustainability and promises to align organizations with the Sustainable Development Goals (SDGs).

2. Seal of confidence: Designed to give SMEs more transparency and confidence, Harmeet Singh introduced the Seal of Trust, a new blockchain platform.

3. GAEAI, the Global Alliance for Ethical AI Innovation: The Emerging Technology Council’s Yash Arya and Aman Bandvi worked together to draft the GAEAI charter, which aims to establish new guidelines for ethics in AI creation.

4. Aman Bandvi launched the Purpose Coalition and Purpose Token, two projects that employ blockchain technology in a novel way to encourage purpose-driven leadership and behavioral change.

5. Innovation and Technology: Transforming the Textiles Industry: – The release of the white paper on modernizing India’s textile sector was a significant high point. The NIFT Foundation for Design Innovation (NFDI) created the document, which was presented by Mr. Rajeev Saxena, Joint Secretary of Textiles, Government of India. It outlines a strategic strategy for using technology to boost the textile industry.

Various Panels and Conversations

Panel discussions during the summit covered a wide range of subjects, from financial breakthroughs to the future of services and professions in the era of automation. The summit’s dedication to diversity and inclusion was highlighted by the “Fireside Chat: Women in Emerging Technology,” which was one of the highlights.

The Designers India Show exhibition

Industry heavyweights Mr. Kamal Pugalia, Mr. Harsh Bhotika, and Mr. Yash Arya assembled it, contributing an unparalleled level of knowledge and understanding.

The event promoted FashionTech by showcasing creative and fascinating collections from more than 200 renowned fashion designers. It offered a venue for well-known buyers and business executives to engage with up-and-coming and established designers in order to foster collaboration and advance the sector. It acted as an unparalleled center of knowledge and understanding.

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