With current GDP of $3.3 trillion, India's economy is now ranked sixth in the world, and during the next ten years, it is expected to rise to third place. India has had rapid development since the liberalisation era started in 1991–1992, and its economy has expanded 13 times during the past 30 years. Every sector, every location, and every community can take advantage of and benefit from the booming economic opportunities. One of the most effective weapons for transforming society and empowering communities is business. A new future where the power of an idea quickly makes riches is being introduced by the modern era of digital technology and businesses. India had the establishment of 36 unicorns in 2020–2021. The Indian Muslim community needs to concentrate on entrepreneurship, startups, and scaling of businesses at this time when business opportunities are surging, utilising the power of the market, financial institutions, and digital technologies to create wealth for itself and contribute to the progress of the country.

The goal of the IMPAR Business Summit is to examine the opportunities and problems faced by modern businesses and to help the community take advantage of those chances in order to recognize its full potential and make contributions to the development of society and the nation at large. The Summit is ideally placed to act as a potent forum for discussing global developments, policy concerns, trade and technological challenges, as well as emerging economic possibilities, idea incubation and fundraising options, the influence of digital business platforms, the ecosystem of support for entrepreneurship, startups, and business scaling up. The IMPAR Business Summit will emphasise prospects for local companies to go worldwide as well as India's growing digital revolution. The IMPAR Business Summit will be a genuine thought leadership event, functioning at the junction of economic growth, design, culture, technology, science, and policy, as well as sustainability, innovations, change, and sustainability.

This edition's hybrid event, which combines offline and online participation, is perfectly timed to reflect on businesses' contributions to the Green New Deal, India's economic recovery plans, and the post-Covid-19 agenda built on expansive government initiatives and VC funding to unlock the potential of the private sector. This Summit's concept will include a live event with constrained attendance, special networking opportunities and live broadcasts of each panel discussion. This Summit will make sure that it contributes to economic development of our nation by uplifting start-ups and businesses.

IMPAR is a national forum promoted by 500 plus prominent and progressive Muslims from different walks of life, which aims to work in making a meaningful difference to the community’s engagement with the society and the nation. IMPAR includes eminent persons from politics, bureaucracy, corporate, business, academia, science, economy, journalism, policy making, art and culture and philanthropy etc. As the national think tank and apex coordination body, IMPAR is mobilizing the voice of progressive Muslims to collectively express its constructive views to the media and the nation. IMPAR works as a think-tank, research and advocacy centre and apex coordination body for Indian Muslims to have a meaningful engagement with key stakeholders towards social and economic empowerment of the community and a prosperous nation. IMPAR promotes education and reforms, values of shared culture and national ethos, rational thinking and scientific temperament for positive outlook in the society.