From 6 p.m., Chief Executive Officer of Business Blogging Kiruba Shankar kept the entrepreneurs, students, professionals and consultants, attending the meeting at The Residency, hooked on to the subject. Every one who had something to say on the topic did get a chance. However, those who spoke for more than 30 seconds or more than a minute on some issues had the balls hurled at them.
Chairman of CII, Tamil Nadu, Manikam Ramaswami, Chairman of the CII- Coimbatore C.N. Ashok, Chairman and Managing Director of Pricol Vijay Mohan, Chairman and Managing Director of the Roots Group K. Ramasamy, CODISSIA President K. Ilango, SIEMA President Jayakumar Ramdass, Managing Director of KG Information Systems Ashok Bathavathsalam, Executive Director of KPMG Advisory services Narayanan Ramaswamy, and Chair of Young Indians (Coimbatore Chapter) Rohit Rajendran were some of those who attended the meeting.
The meeting took off with the industrialists talking about the slowdown in their respective sectors, what they had done during the good times that kept them going now and the solutions they had adopted to overcome the current downturn. The participants unanimously agreed that India faced only a slowdown and not a recession. Mr. Shankar ensured that the session had more talk on actual steps taken at the units and not just general statements. Students noted down the ideas on charts hung on the walls of the meeting hall. After about an hour, the participants were given stickers to vote for the best and worst ideas written down. Some of the winning ideas were: to have financial discipline, focus on customer needs and innovate.