IIT 2020 Global Summit | UPSC
HEADLINES:
PM to deliver Keynote address at IIT 2020 Global Summit on 4th December
WHY IN NEWS:
Prime Minister Shri Narendra Modi will be delivering a keynote address at the IIT-2020 Global Summit, organised by PanIIT USA, on 4th December 2020 at 09:30 PM.
SYLLABUS COVERED: GS 3: Technology : Summit
LEARNING:
For PRELIMS this is not an important issue . Yet we have to cover this . Go with the aim , significance and the theme of this event.
For MAINS nothing much here .
ISSUE:
IIT 2020 GLOBAL SUMMIT : IMAGINE. INNOVATE. INVENT.
AIM
- This conference aim is to bring together change makers, innovators and thinkers, to innovate and inspire us all to rethink the future of humanity.
FOCUS
- IIT2020 will focus on the global economy, technology innovation, health infrastructure, habitat conservation, food innovation, and universal education.
THEME 2020
ORGANISERS
- Since 2003 PanIIT USA has organised this conference and invited speakers from different sectors including industry, academia and government.
- PanIIT USA is an organization that is more than 20 years old.
- PanIIT USA is run by an all-volunteer team of IIT alumni.
- The conference is “Open to all“
KEY DELIBERATIONS
- How do we create sustainable solutions for over 10 billion global citizens?
- How is the New Normal manifesting itself across the globe – across economy, health, education?
- And how are you contributing to this transformation?
INVENT – BUILDING NEW FUTURE
- Invent – Building New Future is a one-stop platform for IIT entrepreneurs.
- It is for budding as well as serial – to showcase their journey
- Featuring startups in domains ranging from environmental issues to global economy and everything in between.
- This virtual competition would provide an experience of a lifetime to pitch innovative ideas, engage in insightful conversations, and emerge out bigger and better.
PARTICIPATE IN INVENT CAN
- Exhibit the startup to a stellar panel of eminent investors, entrepreneurs, think-tanks as well as mentors and business partners.
- Attend keynotes and panel discussions by world-class speakers
- Involve and lead discussions to shape the future.
IIT 2020 Global Summit
- Get featured in newsletters, stories and interviews – before, during as well as post-event.
- Grow the team by inspiring some of the brightest minds globally and open up doors to recruitment.
- Learn from other successful entrepreneurs as they share stories of their entrepreneurial journey.
- Access to educational content, informative talks and innovative roundtables that you can take back and share valuable knowledge with your team post-event.
- Above all; gain funding opportunities and recognitions in multiple categories.
OPPORTUNITIES
- START-UPS : Summit is an exciting opportunity for aspiring entrepreneurs.
- NETWORKING : The summit offers an excellent venue for connectivity among IITians, Start-up ventures, technology-intensive industries, and innovators.
- VIRTUAL EXPOSITION : Summit offers a comprehensive opportunity for manufacturing companies, FINTECH enterprises, investment advisors etc.
BACKGROUND
- In 2003, first PanIIT USA alumni conference was held in Silicon Valley conference where Bill Gates, the founder of Microsoft was the keynote speaker.
- The conference is facilitated by PanIIT USA (PanIIT Inc.), the umbrella organization of IIT alumni in the United States
- Since 2003 this conference has been held every couple of years.
- It is run by an all-volunteer team of IITians, celebrating successes in corporate leadership, as entrepreneurs and encouraging giving back.
IASbhai WINDUP:
- Through various media, PanIIT expects to reach over 500,000 with the message of innovation for global sustainability.
SOURCES: PIB | IIT 2020 Global Summit | UPSC

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