India-Luxembourg Summit
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First Ever India-Luxembourg Summit Held at Luxembourg

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To bring together & synergize business opportunities between the two nations, the Luxembourg India Connect Summit, was jointly organized by the Institute of Chartered Accountants of India (ICAI), TLGS Consulting Group Private Limited, Brahmashira Astra Bharat Private Limited, in association with Lux Innovation, Luxembourg Government supported by Embassy of India in Belgium, Luxembourg and European Union.

The Summit witnessed distinguished speakers & participants from the Indian Government, Indian Embassy, NITI Aayog, ICAI, Lux Innovation, the Luxembourg Government, Indian Defence, DRDO, and Industry experts from ArcelorMittal, Amazon, Microsoft, and SES among others expressing their views about the readiness of both Indian & Luxembourg economy to welcome newer business and trade opportunities.

Sh. Debashish Prusty IAS, Deputy Chief of Mission, the Indian embassy in Luxembourg, in his address emphasized on the strong macroeconomic fundamentals of India and vividly explained the changing face of India which is poised to be the fastest growing world economy and its current reforms on ease of Doing Business in India.

Sh. Neeraj Sinha, Additional Secretary, NITI Aayog, Government of India, explained the business development and trading opportunities in India in Science and Technology primarily in the domain of Renewable energy, Electric Vehicles, and laid stress on the newly introduced Green Energy Draft Rules and its impact on India’s renewable energy ecosystem. Mr. Sinha in his concluding remarks suggested that “the two nations should come forward in the field of Green Energy and Technology to contribute towards a greener and healthier climate.”

This event was the first-ever India-Luxembourg Summit held between the two nations. Hon’ble Prime Minister of India Sh. Narendra Modi in November 2020 held a virtual summit with Prime Minister Bettel of Luxembourg thereafter three MOUs were signed between the two countries as baby steps, culminating in a formidable partnership. This Summit is seen as the next major step in that direction.

Speaking for the Luxembourg Government, Mr. Jean Michel Ludwig, Director, of Lux Innovation talked about the start-up and innovation ecosystem along with the financial landscape in Luxembourg. Mr. Ludwig illuminated the participants on several avenues for collaboration with Luxembourg and the regulatory regime backing Science and Technology which facilitates the forming of an alliance and joint development.

The key session on “Business Opportunities while trading in India” was moderated by Sh. Karan Garg, Ex-Judge & Former Registrar, Supreme Court of India, who is currently the Managing Director of India’s leading Business Development & Incubation platform TLGS Consulting Group Private Limited as well as Technology Development platform Brahmashira Astra Bharat Private Limited. Mr. Garg stressed on the need for the key players to understand both the economies at micro-levels, work closely with the regulatory regimes, and foster greater partnerships in investments, innovation, technology transfers as well as cultural exchanges.

The eminent speakers in interactive sessions included Sh. P. Udaya Kumar, Former CMD, National Small Industries Corporation, Ministry of MSME, Government of India, Air Marshal Naresh Verma, AVSM, VSM (Retd.), Dr. Maitreyee Nanda, Former Secretary, Aeronautical Research & Development Board, DRDO & now Principal Advisor, BSA Bharat and Sh. Dinesh Manjunath, Former Chief Consultant, Indus Fund and Former Group CEO, MRG Hospitality & now Principal Advisor, TLGS Consulting Group Private Limited. While Sh. Udaya Kumar spoke on how start-ups & MSMEs can utilize the benefits available both in India & Luxembourg, Air Marshal Verma deliberated upon India-EU Strategic Partnerships. Dr. Nanda stressed the growing potential of India as a global defense manufacturing hub & India’s indigenization program while emphasizing the vital role which can be played by European companies in building this ecosystem. Sh. Manjunath shared his views on the robustness of the current regulatory regime in India and business avenues available to Europe in the B2G segment in India.

Dr. Vishnu Reddy IFS, Special Secretary (Investment Promotion and External Engagement) currently posted in Telangana, explained in detail the investment opportunities in India. According to Dr. Reddy, “it is India’s turn to lead the next wave of globalization in becoming the epicenter for economic growth and powerhouse for innovation.”

The event was addressed by CA Dheeraj K. Khandelwal, Chairman, of ICAI’s Committee for Development of International Trade, Services & WTO, Committee’s Vice-Chairman CA Rohit Ruwatia, Chairman of ICAI Luxembourg Chapter, CA Anjani Ladia, & Vice-Chairman CA Arun Somani who were instrumental in shaping up the event, Ms. Poonam Khandelwal from Venture Catalyst, Mr. Harish Chandra, President, Indian Achievers Forum and Dr (CA) Vikas Chaturvedi, Founder Chairman ASSOCHAM Europe.

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Dr. Brajmohan Singh, Consultant - Cardiothoracic and Vascular Surgery, HCG Hospitals, Ahmedabad It has been a week since the laughter king, Raju Srivastava passed away due to a cardiac arrest. He was reportedly working out in a gym and was on the treadmill when he collapsed. The same happened with Kannada superstar, Puneeth Rajkumar a year back. He succumbed to a massive cardiac arrest and collapsed while working out in a gym in Bengaluru. In 2015, Puneeth Rajkumar’s elder brother, Shiva Rajkumar, also a Kannada star, collapsed in the gym while working out and suffered a mild heart attack. Fortunately, he survived. Not just them, quite a large number of actors and sports persons have been known to fall prey to cardiac arrest due to excessive exercise. As we all know, anything too much is not good. And the workout is no exception. It has been observed that doing too much high-intensity exercise can enhance risks of succumbing to heart attacks and developing heart arrhythmia or irregular heart rhythm in the later days of life. Those with genetic cardiac disorders are especially vulnerable to cardiac arrests due to severe exercise. Finding the link between excessive exercise and heart health While moderate exercise amps up the heart health, extreme long-term endurance exercise can put extra demands on the cardiovascular system. Excessive exercise often results in the development of biomarkers in blood that could be associated with heart damage. While these biomarkers can go away by themselves, when intense exercise is practiced over and over again, this temporary damage can result in remodelling of the heart or bring about physical changes like thickening of the heart walls and inflicting injury to the heart. Also, it has been observed that high-intensity exercise can significantly increase the risk for sudden cardiac arrests and even fatality due to cardiac arrest among those with an underlying cardiac condition. Additionally, it can increase the risk of heart rhythm disorders, especially for those who suffer from hypertrophic cardiomyopathy - a condition in which heart muscles become abnormally thick and coronary heart disease - damage or disease in the heart’s major blood vessels. Strenuous exercise for a prolonged period of time is known to enhance the chance of developing atrial fibrillation - an irregular, often rapid heart rate that commonly causes poor blood flow. How much exercise is too much for the heart  150 minutes of moderate intensity activity a week is a healthy recommendation for the heart. Anything beyond that like running about 60 to 80 miles every week could be damaging for the heart. Running long distances on pavement or any kind of vigorous exercise that one hasn’t trained for could be injurious to your heart. Also, a high -intensity exercise could be harmful for heart health if one does it without warming up. Things to do to make sure exercise doesn't do damage to the heart  Regular, moderate intensity exercise is great for the heart. However, one has to keep certain things in mind before starting an exercise course for preventing heart damage. A doctor should be consulted: It is essential to consult a doctor before starting a strenuous exercise routine as one must know if they are fit enough to begin. This is important, especially for those who are at a considerable risk of developing a cardiac disorder, those who have had cardiac issues earlier, or those with an inactive lifestyle earlier. It is important to start slow: One must start slowly and gradually pull up to different levels of physical activity and not begin intensely all at once. Before walking up hills or jogging and running, one must walk on a level surface for at least 6 to 8 weeks and get used to it. During that course of time, one must observe and make sure they are not facing symptoms like chest pain, pressure, lightheadedness, or shortness of breath before advancing to high intensity activities. Warming up is a must: Before plunging into high intensity exercise, one must spend considerable time to adequately stretch and amp up the heart rate a little bit before starting the exercise routine. Jumping directly into high intensity activity can put one at a greater risk of having a heart attack. One must get seasoned to the environment: It is important to get customised to the environment in which one exercises. One must be aware of the limitations and be prepared from prior if one plans to exercise at higher altitude. In order to prevent over straining of the body, one must cut exercise accordingly. Cooling off is a must: Just like warming up before the exercise, it is important to cool off once the exercise is done. The time to cool off allows the heart to return to its resting rhythm. In case one experiences persistent chest pain, pressure, lightheadedness, or shortness of breath following a course of exercise, one must talk to the doctor immediately. While moderate exercise keeps up one’s heart health, it is important for all to be aware of the ill effects of overstraining the body with prolonged high intensity exercise and keep in mind the dos and don’ts of exercise to prevent any kind of heart damage. 

High Intensity Exercise Can Hurt One’s Heart: This Is How

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