BRICS Conference 2023 fosters sustainability and competition
ECONOMY & POLICY

BRICS Conference 2023 fosters sustainability and competition

Addressing the eighth BRICS International Competition Conference 2023 in the national capital, NCLAT Chairperson Ashok Bhushan highlighted the crucial need for effective cooperation among BRICS nations. He emphasised the necessity of striking a delicate balance between promoting sustainability and competition to tackle intricate challenges. Bhushan stressed the significance of free and fair competition in the marketplace and called for a robust mechanism to regulate digital markets.

In his keynote speech, he underscored that strong anti-trust enforcement is a fundamental component of the comprehensive public policy framework governing companies. He also pointed out that the incorporation of sustainability into competition law could drive innovation, encourage the development of cleaner technologies, promote renewable energy sources, and offer sustainable solutions across diverse industries.

The conference, expected to draw over 600 delegates, aims to foster discussions on these critical issues and will conclude on Friday. Bhushan noted that the last time India hosted this conference was in 2013, highlighting the importance of ongoing international cooperation in addressing contemporary challenges.

Addressing the eighth BRICS International Competition Conference 2023 in the national capital, NCLAT Chairperson Ashok Bhushan highlighted the crucial need for effective cooperation among BRICS nations. He emphasised the necessity of striking a delicate balance between promoting sustainability and competition to tackle intricate challenges. Bhushan stressed the significance of free and fair competition in the marketplace and called for a robust mechanism to regulate digital markets. In his keynote speech, he underscored that strong anti-trust enforcement is a fundamental component of the comprehensive public policy framework governing companies. He also pointed out that the incorporation of sustainability into competition law could drive innovation, encourage the development of cleaner technologies, promote renewable energy sources, and offer sustainable solutions across diverse industries. The conference, expected to draw over 600 delegates, aims to foster discussions on these critical issues and will conclude on Friday. Bhushan noted that the last time India hosted this conference was in 2013, highlighting the importance of ongoing international cooperation in addressing contemporary challenges.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code