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Techno India University Organized a National Conference on Blue Economy

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News Desk, News Nation 360 : Techno India University organized a National Conference on Blue Economy and its numerous prospects and challenges at its university premises aiming to provide opportunities to academicians, industry experts, practitioners, professionals and policymakers and researchers to engage in a constructive conversation based on their experience and knowledge of their own respective fields. Harnessing Business Potential for India Inc and International Partners is a pioneering effort by The Federation of Indian Chambers of Commerce & Industry (FICCI) to sensitize India Inc about the growing global and regional emphasis on sustainability of harnessing the ocean resources, which, with the current estimated asset value of US$ 24 trillion and annual value addition of US$ 2.5 trillion, would continue to offer significant economic benefits both in the traditional areas of fisheries, transport, tourism and hydrocarbons as well as in the new fields of deep-sea mining, renewable energy, ocean biotechnology and many more, only if sustainable practices can be coupled with business models. The two-day national conference effectively explored the themes of Blue Economy, beginning with a general overview and understanding of the subject matter, resources of the ocean, blue carbon, threats to Blue Economy and also innovative coastal livelihoods. Blue Economy is a marine-based economic development that leads to improved human well-being and social equity, while significantly reducing environmental risks and adverse ecological impacts and with the global economy presently taking a dramatic turn in its strategic, and geopolitical orders, the Blue Economy has begun to play a pivotal role in running the wheels of civilization because of which a wide spectrum of industries has aligned themselves with the theme of Blue Economy. Apart from the conference mentors, Professor Goutam Roy Chowdhury and Professor Manoshi Roy Chowdhury and conference innovators Meghdut Roy Chowdhury and Pauline Laravoire, the event was also be graced by the presence of various invited dignitaries, Heads of Government departments working with Blue Economy in India, Heads of universities, researchers, faculty members and students.

Pic : Courtesy

Report : Anustup Kundu