Jagat Shah talks about the role and rewards of the proposed five trillion dollar economy

Action @ Speed of thought is the philosophy of Jagat Shah. He did his MBA at the Delhi University and is a certified cluster development practitioner, trained and certified by UNIDO / ILO at Turin, Italy. He has additionally graduated in diamond technology from Indian Diamond Institute ( Surat ). Jagat Shah is also a certified management consultant from ICMCI, USA.



Action @ Speed of thought is the philosophy of Jagat Shah. He did his MBA at the Delhi University and is a certified cluster development practitioner, trained and certified by UNIDO / ILO at Turin, Italy. He has additionally graduated in diamond technology from Indian Diamond Institute ( Surat ). Jagat Shah is also a certified management consultant from ICMCI, USA. 



Jagat Shah is active on the social media and has about 1 million followers. He was among the first 50 in the world to use WhatsApp. The dynamic Indian is President, Founder of Chief Mentor of a number of organisations and agencies. Cluster Pulse - an economic development agency, Global Network - an international trade advisory firm, Global Network Institute, United States - India Importers Council, China India Trade & Investment Centre, German India Business Centre are among the ones which are associated with him. Jagat Shah has worked over the last 23 years as a strategist on international & investment with American, Chinese, Canadian, European & Indian Governments. Through his ISO certified economic development agency, Jagat Shah has worked with cluster development approach on poverty alleviation and Small & Medium Enterprise ( SME ) competitiveness with several Governments & private sector in 20 countries - Senegal, Kenya, Tanzania, India, Sweden, Serbia , Croatia, South Africa, Germany, Brunei, Afghanistan, Indonesia, Italy, Oman, UAE, Singapore, Malaysia, Germany, Brazil, Bangladesh, Pakistan besides several states in India.

Jagat Shah spoke about the Bullet Train Economy during his speech, “ Japan is keen to do many Bullet Trains in our country. Each of these trains will create an economy. Star Hotels, hospitals , restaurants and employment will be generated in each of the station territories. Industries, start ups and capital formation will happen. If I am right they are ready for 16 Bullet Trains. The happening will boost our economy, entrepreneurship and employment in a very big way.”

The most challenging project of his lifetime has been in Afghanistan where he worked with 20,000 carpet weavers, 6000 dry fruit farmers & 2000 handicraft artisans to not only take them out of poverty but to make them into exporters with warehouses & offices in USA, Germany & India. He strongly believes that if change can be brought about in Afghanistan, then it can be brought about in any country in the world. As a mentor on road he went around the country by self driving to 35 cities, 18 states & 9800 kilometres to meet SMEs, rural enterprises & start ups to propagate Make in India concepts & to understand their problems & submit their report to the Prime Minister's Office ( PMO ). Rotarian Jagat Shah has worked with Vibrant Gujarat, Vibrant Goa and is ready to do Vibrant Coimbatore. He is presently working on a few startups - 60 Plus life : www.60pluslife.org, www.gujaratexpatclub etc., He is a Managing Trustee of 2 charitable trusts and more than 300 of his articles have been published thus far. His handphone number is 9825506441.

Jagat Shah was quick to begin the conversation at Zone by the Park. An event had been organised by BNI which has 14 chapters in Coimbatore alone. It required the dynamic BNI to bring in the extremely Vibrant Jagat Shah once again into town. He was quick to recognise his friend Prof P. Kanagasabapathi. " I met the Prime Minister at Ahmedabad and told him that it should be a 10 trillion dollar economy ! I have worked with him on a number of occasions. He is a very dynamic leader known to delegate both authority and responsibility. Our Prime Minister is very fast and puts in long working hours. I have been with him to a number of countries and he means business. We can surely bring about changes and we have to do our bit to improve our economic status which in turn will alleviate poverty also in a big way, " smiled Jagat Shah. Jagannathan.S ( IECC & Indica ) and patent holder Ilango. T attended the event. On listening to Jagat Shah, Ilango.T offered to help people get his guidance in order to register a patent.

He spoke about an exporter of goat dung. The exporter was doing a turnover of Rs.4.5 crores per annum. " Roses need water throughout the day and Walmart sells this goat dung to people who want to water just once. The goat dung would help the water to slowly percolate over hours thereby the making water available to the rose plants. This exporter gets goat dung collected by kids and pays their school fees in return. Walmart calls it Individual Social Responsibility ( ISR ) in its study. Another exporter sends rotten potatoes abroad and it is processed in order to make stuff connected with aviation fuel. It the consignment has more than 5 percent of good potatoes among the rotten ones, the importer puts a penalty ! I worked with a few rice millers who were not making enough money. We set up warehouses and two youngsters began a venture which helped them to increase the profitability. Today the venture exports stand at 450 crores in just 15 years, “stated Jagat Shah.

Jagat Shah states that warehousing is not at all expensive in any part of the world. He also stated that the US Government and the United Nations were big buyers of a number of items through the tender process. However not many were pursuing it properly. LinkedIn is another great area but not many in India were using the digital economy properly. Of his 1 million followers only about 20000 were in touch with through WhatsApp. " Recently the Indian Ambassador to France wanted a 12 member delegation and it was not happening. He got in touch with and I sent the message to my contacts. We got it filled up in a very short time. Hey, one more enterprise www.psbloansin59minutes.com helps you access loans fast and 18,000 crores got disbursed. Now banks want them to do housing loans also. Earlier it was SIDBI but now a big list of banks are with this portal. We have innovate and use technology in order to grow. Of course growth has to be eco friendly therefore promotions have to be too. One of the recent Vibrant summits did not use bottled water. If it can be possible in a big event, we can do it everywhere. I request each one of you to consider joining my course in Coimbatore. It will help you to export all over the world. All our teachers are top exporters who had once attended our course. It helped them to scale up in a big way. Prof P.Kanagasabapathi ( IECC - Indian Economic & Cultural Centre ) teaches at our institute. We are going to have our 151 st batch. It will be a 5 days crash course on International Marketing. The course will begin by January 6, 2020 and it will be for 8 hours a day. You could contact Mohinuddin on 9952409807. One who knows English is eligible and age or education is not a bar. Skill is important and can be acquired, however the right attitude is very important, " added Jagat Shah of GNI ( GLOBAL NETWORK INSTITUTE ).

The dynamic gentleman spoke about medical tourism and everyone were stunned to learn about Jalandher. It was a surprise to learn that the city had fabulous medical facilities which include treatment centres and specialist hospitals. The Municipal Corporation of Jalandhar claims that the city has over 423 hospitals, a claim that would make it the city with the highest number of hospitals in South Asia. Jagat Shah ias always at his best be it a meeting, class, interaction or just a chat. It is absolutely enjoyable and useful. He had ideas for corrugated box manufacturers too. Book shelves made out of the same material would give value addition. Online business was another area. He asked the audience as to how many buy on line and most raised their hands. When he wanted to know how many sold their products or services on line not many raised their hands. He thus, drove the point home.

A VIBRANT COIMBATORE SUMMIT is the need of the hour and inputs from Jagat Shah would sure make it rewarding. Entrepreneurship begets growth coupled with gainful employment. Its time to showcase Coimbatore once again.

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