At the outset, I would like to thank all members of BCCI for giving me an opportunity to serve you all at BCCI. And I am very grateful to M. C. Members of the Chamber for entrusting me the task of the Editor of Belgaum Chamber's Newsletter. Change is inevitable and it is the only constant, and having said that, we now will move on to the new year at BCCI with a new team under the dynamic leadership of President Shri Mahesh Bagi and his team. I'm sure the BCCI, this year, will reach greater heights under his leadership. With this I welcome all the members of the new Managing Committee and office bearers. Wishing them a great year ahead. I thank the Past President Shri Umesh Sharma and his office bearers for a successful year gone by and setting the path for the new team.
Friends, it is a moment and era of pride for all of us as India is slated be the 5 largest economy in the world by next year as discussed recently by Finance Minister Shri Arun Jaitley. It appears a reachable target based on the fact that the Q1 2018 GDP growth was at an expectation beating high of 8.2%. The latest World Bank Report has confirmed that the Indian economy has indeed become the world's sixth-largest, pushing France to seventh place. The US tops the list followed by China, Japan, Germany and Britain. Congratulations to all our athletes for the best ever run in the Asian games with a total of 15 Gold, 24 Silver and 30 Bronze medals. Hats off to them. We encourage all the members to come forward and actively participate in the activities of the Chamber, send in articles for consideration, feedback and suggestions. If you have any grievances, please feel free to write to us.