 Mae'r dyfodol yw'r dyfodol sy'n ciwch ei geisio'n cael ei ddweud? A oes i chi i'w rhanfodd y dyfodol y f verder, mewn chip sy'n ni'n sgwysig i'ch ei wneud, a'u dyfu'r perthynau sy'n gweinodd wedi greu. Fel gofynnol gyda'r har summertimeau, a'r dyfodol yn gynghorfwyr Cymru. Rhyw di'n falch i chi yw ymddangos ymlaen yn Mhubai. Mae'r flawf honno ar y plen ysgu Llywodraeth i'r amser i cwestiynau o'r ferfyn pan hwerd, mae yna i'r 7 o'r wyf i Mombais, ond byddw i'n wneud yn hoffa weithio yma yn ôl be 5 o'r wahanol o'r cyd-gwyl ar y cyd-gwyl hon o yma i'r bobl. Felly, mae gennym ni'n fwy o'r cyd-gwyl o'r cyd-gwyl cyd-i'u gweld yma i'n gweithio cyd-gwyl gan y gallu arno'r iawn o'r cyd-gwyl cyd-gwyl o'r cyd-gwyl. Rwy'n ei wneud i'w ddigon i gafodd, a rydw i'n credu ar y Minister i'r Olympiad Cesar Jowell I've been to Mumbai 12 times and I've never yet been to the site of the London Olympics, but that's perhaps a little instance of globalisation. Now it's my job to welcome you here on behalf of the LSE, which has been responsible with the hairhousing foundation for mounting these conferences. Of course Ricky Burdett, Philip Roder, Richard Sennet and others are the team who have done the real work. the real work. They are the players. I am simply, if you like, the Duncan Fletcher of this operation. In other words, if it goes well I shall take credit for the success and if it goes badly I will blame the players for drinking too much. This reference was deliberately inserted in order not to be meaningful to Joe Ackerman and Wolfgang Novak, our German partners, because it was designed to show that there are mysteries in the British relationship with India which Germans will never understand. Now we are proud, however, in spite of this barbed introduction of our link with Deutsche Bank and the Harehausen Foundation. It has been a very fruitful partnership over a number of years now and we certainly could not at the LSE have brought our intellectual capital to bear on the problems of other global cities without the support of the foundation. I am delighted to say that we will in fact be announcing today in London that Joe Ackerman, the chairman of Deutsche Bank, has become a visiting professor of the LSE, which we are very proud of. In fact, he will be working mainly on capital markets issues and talking to our students on development of global finance, but it is another sign of the close connection between us. Of course, this particular conference has depended heavily on the work and the assistance of other partners, notably the Tata Institute of Social Sciences where we have now a close research link at the LSE, the University of Mumbai and the National Institute of Urban Affairs in Delhi. We have also had valuable support from the Confederation of Indian Industry with whom we have worked on other conferences in India and I have worked with them personally for a long time. This conference should also be seen in the context of a broader initiative by the LSE to strengthen our links with India. We have always had links with India. In fact, one of the earliest donors to the LSE in 1905 was the Tata Foundation at that time, but more recently we have launched what we call an India Observatory. Indeed, we launched it formally at the LSE last month. Kamal Nutt, Governor-Ready of the Reserve Bank, Chairman Butt of the State Bank of India came from the Indian side and Mervyn King, the Governor of the Bank of England and Nick Stern from the British side. Nick Stern has come back to the school now as the IG Patel Chair, named in honour of my predecessor, Butt 3, who was the director of the LSE. We, around Nick Stern, whose first academic interest is in the economic development of a particular village in India, we are building a team to extend our work on political, social and economic issues in India. The urban age, however, reflects the work of the school on urban studies generally. I think there is no more important topic for a school of social sciences these days for the reasons which Joe Ackerman explained. 50% of the world is now urbanised in India. There are 300 million urban dwellers and that number is likely to grow rapidly. If India were on the global average, there'd be perhaps another 200 million urban dwellers in India. How can we conceivably cope with that growth? Many of the most complex issues which governments face today pose themselves most starkly in cities, the issues of migration, of managing transport, of housing and of course of dealing with all of these issues within the pressing context of climate change and other environmental issues. With the city's programme at the LSE, we have pioneered thinking on how to link physical development with ways in which people in cities live and interact with each other. Bringing a kind of planning perspective together with a sociological perspective. We've found that there are great benefits in bringing together planners, developers, politicians and sociologists to bounce ideas off each other around the world. That has been the great value of the other conferences I've attended in this series in London and Berlin and I'm very much sure it will be the case over the next two days here. So let me add my good wishes to you all alongside those of Joe Ackerman for a successful conference over the next two days. Thank you.