GUJARAT CHAMBER OF COMMERCE & INDUSTRY Changing Scenario of India Special Bulletin February 2015
INDEX Sr. No. 1. 2. 3. 4. 5. 6. 7. 8.
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10. 11. 12. 13. 14. 15. 16.
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Particulars President's Message About GCCI Vibrant Gujarat Global Investor's Summit- 2015… A Summary Vibrant Gujarat CEO Conclave- 2015… A Summary Biogas Plants Across Gujarat GenNext : Carrying Forward the Corporate Legacy Youth : Next Holders of the "Baton" International Trade Opportunities - Developing Business in China Through Licensing - Exporting to Rwanda Sector Watch : Medium Small Medium Enterprises (MSME) - Growth Trajectory for MSME Sector - SMEs: A Catalyst to Transform youth Sector Watch : Health Care Work Method Study Gujarat…Home to Leading Quality Development Centres Economy Watch : Crude Prices The Rise of Social Media Marketing Sector Watch : Chemicals World Trade : Key Developments
02 04 12 17 19 23 25 29 31 39 45 52 68 71 72 81 86 90
Glimpse of GCCI Activities GCCI Lounge at Vibrant Gujarat Global Investor's Summit 2015 Generating Taxes…. Building Nation "GLOCAL" the New Buzzword Dinner hosted for Foreign delegations during Vibrant Gujarat 2015 Felicitation of Hon'ble Governor of Gujarat and GCCI's Past President GCCI Executive Committee 2014-15 Women…Equal Partners in Entrepreneurship & Prosperity CSR : Prosperity Through Inclusive Growth Going up the value chain through Micro… Small…Medium…Entrepreneurship Women Entrepreneurs' Pavilion at Global Trade Show 2015 Esteemed Dignitaries at GCCI Harnessing Global Gujarati Strength Youth : Next Holders of the "Baton" Esteemed Dignitaries at GCCI
20 26 33 42 48 49 59 63 65 66 76 79 83 84
President : Shri Rakesh R. Shah Sr. Vice President: Shri Rohit J. Patel Vice President : Shri Samir N. Patel Hon. Secretary : Shri Bhavesh S. Lakhani Hon. Secretary (Regional) : Shri Bhavesh G. Patel Hon. Treasurer : Shri Vijay N. Shah Editor : Shri Hasmukh Hingu Bulletin Task Force Chairman : Shri Sanjeev Chhajer Secretary General: Shri Dharmendra Joshi
Gujarat Chamber of Commerce & Industry Shri Ambica Mills - Gujarat Chamber Building, P. O. Box No. 4045, Ashram Road, Ahmedabad - 380 009. INDIA We welcome your feedback & Suggestions. Do write at email:
[email protected]
President's Message
Dear Members, While communicating with you through this message, the first thought that comes to my mind is resounding success of VIBRANT GUJARAT GLOBAL SUMMIT 2015. The summit's success is a matter of pride for us at Gujarat Chamber of Commerce & Industry as its primary focus was Gujarat and its Business & Industry. The summit also proved to be a sort of curtain raiser for our Honorable Prime Minister Shri Narendra Modiji's vision of “Make in India”. While I have attended all the Vibrant Gujarat Summits held so far, what I as well as others witnessed at Vibrant Gujarat 2015 was truly mind blowing. The scale, the canvass, its reach & buzz were truly incredible. As many as 8 countries came forward as the partners of Vibrant Gujarat 2015. 110 countries & 25000 delegates participated in it. There were 400 B2B meets and participation of 1250 companies. 1225 strategic partnership agreements were signed and there were 14 country seminars. The presence of high profile dignitaries like Hon'ble Secretary General, United Nations Mr. Ban Ki Moon; Hon'ble Secretary of State, USA Mr. John Kerry, Hon'ble President, World Bank, Mr. Jim Yong Kim; Hon'ble Prime Minister, Bhutan, Mr. Tshering Tobgau and Hon'ble Prime Minister, Macedonia, Mr. Nikola Gruevski, indicated only one thing that India's moment of glory has come. Presence of Hon'ble Prime Minister Shri Narendra Modi and Hon'ble Chief Minister Smt. Anandiben Patel was a source of encouragement for “Team Gujarat” and all the wonders that this event witnessed must be attributed to the encouragement these two leaders provided. On behalf of Gujarat Chamber of Commerce & Industry I congratulate our Hon'ble Chief Minister Smt. Anandiben Patel for this mega success and for one more feather in her cap as our leader par excellence. As the President of Gujarat Chamber of Commerce & Industry, I as well as our Office Bearers feel genuinely proud that we had been fully involved with Vibrant Gujarat Global Summit 2015. In fact our involvement with this mega event began even before the count down to the Global Summit started. Ms. Tulsi Gabbard, congresswoman from USA visited us. While she was here in Gujarat, GCCI was one of the very few organizations she chose to visit since interaction with Business & Industry had always been on her mind. There is an organization known as GOPIO International in USA. It has been doing admirable work for the people of Indian Origin. Its Immediate Past Chairman, Thomas Abraham visited us and we had a lot of discussion & deliberation as to how we can strengthen our business & industry ties with the counterparts in USA.
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Gujarat Chamber of Commerce & Industry
From United Kingdom, Ms. Priti Patel, who is Minister of Treasury in Prime Minister David Cameron's Government, visited us during the Pravasi Bhartiya Diwas celebrations just prior to Vibrant Gujarat Summit. Hon'ble Chief Minister of Haryana Shri Manoharlalji Khattar had also been here and we had highly successful networking meeting with him. We had meeting with the delegation that came all the way from Romania; Including its Hon. Health Minister and other officials. I am very happy to mention about the Dinner that we hosted for the delegates from USA, Australia, Canada, UK, Sweden, Afghanistan, Turkey, and UAE. More than 300 delegates participated in the dinner held at “Adani Shantigram” where we also had B2B meeting. The visiting delegates included a couple of ministers from the country governments as well as diplomats apart from leading business people & NRIS. The event was organized jointly with WTC Gift City Gandhinagar and Adani Group. During the Vibrant Gujarat sammit at Mahatma Mandir GCCI had its lounge where many countries participated and sitting with their Gujarat & Indian counterparts explored joint Business opportunities. We welcome and attended a lot of delegates from many countries who visited the lounge. GCCI signed an MOU for facilitating bilateral trade with Turkish Indian Chamber of Commerce. We also organized the country seminar on behalf of Afghanistan where we had provided all logistic support to them, since Afghanistan had also been one of the partner country to Vibrant Gujarat Summit and we were chosen to help them in organizing the seminar. We had Interactive Meeting with HE Mr. Sam Schreiner, Ambassador, The Grand Duchy of Luxembourg in India and also a meeting with Dipika Damerla, Member of Provincial Parliament Legislative Assembly, Ontario, Canada. Gujarat Chamber of Commerce & Industry has been the facilitator of Business & Industry right since its inception in the year 1949. I would however say that if our activities are compared with a piece of music, then what is happening now can be called “Crescendo”. It seems that all the heavenly planets are in right alignment for Gujarat, for India, for Business & Industry and for the decisive role Gujarat Chamber of Commerce & Industry is all set to play. Right from the day I have taken over as the President I have found myself busier and more and more involved. Our Hon'ble Prime Minister Shri Narendra Modiji has given the mission “Make in India”. Just ponder over this three word phrase and you can visualize the implications. When the world's economy is in turmoil, there are left only a few “Oasis of Economic Revival” and one such oasis is undoubtedly India. What is needed on the part of India, Gujarat and on our part is just to grab the opportunity, make best use of it and contribute to our nation's progress. There is a well known Shakespearean verse befitting to these times.
“There is a tide in the affairs of men Which taken at the flood, leads onto fortune Omitted all the voyage of their life is bound in shallows & miseries Upon such a full sea are we now afloat, And we must take the current when it serves Or lose our ventures.”
Rakesh Shah President Gujarat Chamber of Commerce & Industry
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About GCCI
The Gujarat Vepari Mahamandal, now known as Gujarat Chamber of Commerce and Industry, was founded in 1949 by the pioneers of industrial Gujarat, Sheth Shri Kasturbhai Lalbhai and Sheth Shri Amrutlal Hargovandas. Before the Chamber was founded, most of the associations that existed then were traditionally managed, and lacked a professional system of operation. Shri Amrutlal Hargovandas recognised the need for establishing a body for representing trade and commerce in Gujarat, a body which would be professional in approach, act as a wider platform for the regional and specific sector oriented associations and co-ordinate the efforts and activities of all associations in the most effective manner. Gujarat Chamber of Commerce was established with a view to standardise the system according to a professional code of conduct and well-defined objectives. The Chamber is proud to have an illustrious list of doyens of trade and industry passing the torch of enlightened leadership to the next generation in a smooth seamless manner. Starting as a small entity, the Chamber today has become a mammoth organisation commanding huge respect and stature among the trade and industry fraternity of Gujarat, and has evolved as a major facilitator working in the interests of trade and industry in the state. With around 3000 direct members, which include over 176 Trade and Industry Associations and leading Chambers of Commerce of the State, GCCI is growing to serve and serving to grow. VISION To be a platform for "Nurturing... Facilitating... Transforming" Gujarat's commerce & industry thereby contributing to the inclusive industrial and social growth and ensuring Gujarat's predominant presence "nationally and internationally".
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Gujarat Chamber of Commerce & Industry
MISSION •
To continually expand the reach of GCCI and bring more and more Business & Industry organizations under its umbrella so as to effectively advocate their cause to relevant authorities.
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To work closely with member associations and propose policies to various Governments that would be more and more beneficial and conducive for the growth of Business and Industry, and to ceaselessly strive towards ensuring that such policies are duly incorporated in relevant rules and acts by State / Union Governments.
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To be the ambassador of Business & Industry in effectively representing their issues and grievances at various Government forums.
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To continuously fulfill its role as a facilitator to members through consultation; by being a source of information; and organizing value added programmes like conferences, seminars, open-house, workshops, help desks, etc.
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To provide global business opportunities to members by inviting foreign delegations as well as leading our delegations to various countries and educate members in successfully establishing their global ventures.
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To educate members about various laws and changes in regulations and policies that take place from time to time.
Gujarat Chamber of Commerce and Industry has, over the years, initiated several focused and meaningful dialogues covering various micro and macroeconomic aspects of development. The Chamber plays a consultative role during the framing of state policies and rules, and proactively recommends modifications in the interest of trade and industry. GCCI has expert committees which devote their attention to and co-ordinate activities in their areas of expertise. These committees also plan and implement exclusive events in their select spheres. GCCI also shares its expertise, experience and feedback at numerous platforms, committees, councils, commissions and other bodies to facilitate business processes. A forward-looking and expanding organisation, the Chamber proposes to further extend its innovative activities so as to meet the ever changing demands of the business environment. This year, under the able leadership of President Shri Rakesh Shah and his team of Office Bearers, GCCI is focus in given more on member-centric services by ensuring that important information reaches the members at even the Taluka level and the communication system becomes faster and more advanced. Co-ordination between the regional chamber and association members, national chambers and international trade bodies has been strengthened with the aim of information transfer and knowledge sharing in mind. Speedy resolution of administrative and policy issues is another focus area for the coming years. GCCI, with various departments, is organising open forums specifically aimed at resolution of the issues of trade and industry. Apart from the help desks operating at the Chamber, an arbitration and mediation cell is also being planned for the benefit of members. Keeping in mind the motto of “Sharing, Involving and Developing”, the Chamber aims at constantly working towards achieving its vision - "Nurturing... Facilitating... Transforming Gujarat's commerce & industry."
Gujarat Chamber of Commerce & Industry
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Past Presidents
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SHRI ROHIT C. MEHTA [1965]
SHRI DEEPAK N. PARIKH [1987]
SHRI NAREN M. PATEL [1988]
SHRI DILIP R. PARIKH [1989]
SHRI GIRISH P. DANI [1994-95, 1995-96]
SHRI SAMVEG A. LALBHAI [1997-98]
SHRI UTKARSH B. SHAH [1998-99]
SHRI MUKESH M. PATEL [1999-2000]
SHRI KALYAN J. SHAH [2001-2002]
Gujarat Chamber of Commerce & Industry
SHRI MAHENDRA A. SHAH [2002-2003]
SHRI SHREYAS V. PANDYA [2003-2004]
SHRI CHINUBHAI R. SHAH [2004-2005]
SHRI RAJENDRA V. SHAH [2005-2006]
SHRI PANKAJ R. PATEL [2006-2007]
MRS. PARU M. JAYKRISHNA [2007-2008]
SHRI RUPESH C. SHAH [2008-09-2009-10]
SHRI CHINTAN N. PARIKH [2010-2011]
SHRI MAHENDRA N. PATEL [2011-2012]
Gujarat Chamber of Commerce & Industry
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Past Presidents
SHRI PRAKASH K. BHAGWATI [2012-2013]
SHRI SHANKERBHAI R. PATEL [2013-2014]
Homage to the late past Presidents. You continue to live in our memories. SHETH SHRI KASTURBHAI LALBHAI
1949-1951
SHRI RASIKLAL VADILAL VASA
1974
SHETH SHRI AMRUTLAL HARGOVANDAS 1952-1953
SHRI INDRAVADAN PRANLAL
1975
SHRI NAVNITLAL SAKARLAL SHODHAN
1954-1955
SHRI POPATLAL CHHOTALAL DANI
1976
SHRI CHANDULAL BHIKHABHAI SATIA
1956-1957
SHRI HASMUKHLAL CHIMANLAL SHAH
1977
SHRI RATILAL NATHALAL
1958-1959
SHRI JEHANGIR R. J. CAMA
1978
SHRI CHANDULAL PREMCHAND
1960
SHRI PRIYAKANT T. MUNSHAW
1979
SHRI JAYKRISHNA HARIVALLABHDAS
1961
SHRI BHIKHOOBHAI NAGINDAS SHAH
1980
SHRI SARABHAI C. KASHIPAREKH
1962
SHRI MANUBHAI PREMCHAND SHAH
1981
SHRI CHANDRAKANT M. JAGABHAIWALA 1963
SHRI BALDEVBHAI D. PATEL
1982
SHRI PREMCHAND GOKALDAS
1964
SHRI RAJNIKANT R. NAGRI
1983
SHRI HIRALAL H. BHAGWATI
1966
SHRI NALIN K. PATEL
1984
SHRI CHARANDAS HARIDAS
1967
SHRI AJAY CHIMANBHAI
1985
SHRI VITHALBHAI P. AMIN
1968
SHRI GAUTAM VIMALBHAI SHAH
1986
SHRI ARVIND N. LALBHAI
1969
SHRI JAGDISH S. JHAVERI
1990
SHRI MADHUBHAI MANIBHAI PATEL
1970
SHRI RAMESHCHANDRA N. PARIKH
1991
SHRI BALKRISHNA HARIVALLABHDAS
1971
SHRI MANUBHAI H. PATEL
1992
SHRI INDULAL DAHYABHAI SHAH
1972
SHRI THAKORBHAI P. AMIN
1993
DR. BIHARI KANAIYALAL
1973
SHRI DINESH NAGINDAS SHAH
1996-1997
SHRI RATANPRAKASH A. GUPTA
2000-2001
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Gujarat Chamber of Commerce & Industry
GCCI Executive Committee List 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62
Shri Rakeshbhai R. Shah Shri Rohitbhai J. Patel Shri Samir N. Patel Shri Bhavesh S. Lakhani Shri Bhavesh G. Patel Shri Vijaybhai N. Shah Shri Shankerbhai R. Patel (I.P.P.) Shri Abhay A. Shah Shri Alpesh H. Shah Shri Ambar J. Patel Shri Anil V. Sanghvi Shri Archish K. Shah Shri Arvindbhai P. Thakkar Shri Ashish Shah Shri Ashish S. Guru Shri Ashok P. Patel Shri Babubhai R. Patel Ms. Bhagyesh Soneji Shri Bharatbhai R. Modi Shri Bhargav K. Thakkar Shri Bhavesh P. Shah Shri Bhupendrabhai Patel Shri Bimal D. Parikh Shri Bipinbhai R. Patel Shri Bipinchandra M. Shah Shri Bipinchandra Mehta Shri Birenbhai D. Parikh Shri Chetan D. Shah Shri ChiranjIv Patel Shri Dhinal A. Shah Shri Dinesh B. Daga Shri Dipak Shah Shri Ganpatraj L. Chaudhary Shri Gaurang Bhagat Shri Gautamkumar M. Jain Shri Gopinath M. Amin Ms. Grishma Trivedi Shri Hemant N. Shah Shri Himanshu C. Vyas Shri Himanshu Shah Shri Hiren D. Gandhi Shri Jaimin R. Vasa Shri Jainik N. Vakil Shri Jashvantbhai P. Patel Shri Jayantibhai A. Patel Shri Jayendra V. Tanna Shri Jayprakash M. Patel Shri Jayshukh O. Patel Shri Jigish K. Shah Shri Jigish M. Shah Shri Jigish N. Doshi Shri Jignesh H. Kariya Shri Jyotindra N. Patel Shri K. H. Patel Shri K. I. Patel Shri K. T. Patel Shri Kailashkumar Gadhvi Shri Kamlesh C Patel Shri K. D. Patel Shri Kanubhai C. Patel Shri Kanubhai R. Agrawal Shri Kanubhai R. Patel
Gujarat Chamber of Commerce & Industry
63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116
Shri Kaushik D. Patel Shri Kirit H. Patel Shri Kirit K. Shah Shri Kirtibhai S. Patel Shri Lakhabhai M. Keshwala Shri Madanlal Jaiswal Shri Mahesh D. Desai Shri Malav Shah Shri Mangalbhai J Patel Smt. Meena R. Kaviya Shri Mihir V. Patel Shri Mukesh M. Shah Shri Nandlal J. Khanchandani Shri Narsinghbhai A. Agrawal Shri Natvarbhai M. Patel Shri Nayan A. Sheth Shri Nayan Parikh Shri Nilesh J. Shukla Shri Nilesh R. Desai Shri Nilesh Suchak Shri Nipam Shah Shri Paresh S. Davey Shri Piyush Bhanshali Shri Praful R Talsania Shri Prakash Sanghvi Shri Pranit Nanavati Shri Pratap S. Chandan Shri Pravin T. Kotak Shri Rajesh Bhatt Shri Rajubhai B. Patel Shri Rakesh Patel Shri Rohit N. Shah Shri Rohit N. Patel Shri Rushabh Patel Shri Samir J. Shah Shri Samir V. Mistry Shri Sanjeev Chhajer Shri Satishchandra S. Shah Shri Saurabh Choksi Shri Saurin Shah Shri Shafee A. Maniar Shri Shailesh I. Patwari Shri Shantibhai R. Patel Shri Shivlal L. Barasia Shri Shivrambhai I. Patel Shri Shyamsunder M. Rungta Shri Snehal Lavsi Shri Somabhai Rayaka Shri Subhash V. Modi Shri Sunil Parekh Shri Trilok R. Parikh Smt. Usha K. Birmi Shri Visabhai Patel Shri Yogesh Shridhar Invitee Past Presidents
117 118 119 120 121
Shri Chinubhai R. Shah Shri Mahendra N. Patel Shri Narenbhai M. Patel Mrs. Paru M. Jaykrishna Shri Utkarsh B. Shah 9
GCCI Committees 2014-15
Sr.
Name of the Committees
Chairman
Email
1
Direct Tax
Shri Dhinal A. Shah
[email protected]
2
Indirect Tax
Shri Subhash V. Modi
[email protected]
3
VAT & GST
Shri Nayan A. Sheth
[email protected]
4
Finance Banking
Shri Mukesh M. Shah
[email protected]
5
Insurance
Shri Nilesh Desai
[email protected]
6
Infrastructure & Urban Development
Shri Jainik Vakil
[email protected]
7
Foreign Trade
Ms. Bhagyesh Soneji
[email protected]
8
Energy
Shri Jyotindra N. Patel
[email protected]
9
MSME
Shri Jaiminbhai Vasa
[email protected]
10
Health-Medical & Tourism
Shri Archish K. Shah
[email protected]
11
Mahajan Sankalan
Shri Kirit K. Shah
[email protected]
12
Legal Advisory
Shri Pranit Nanavati
[email protected]
13
Environment
Shri Shailesh Patwari
[email protected]
14
CSR Committee
Shri Rohit N. Shah
[email protected]
15
Food Safety & Essential Commodities
Shri Pratap Chandan
[email protected]
16
Transport & Logistics
Shri Narsinghbhai A. Agrawal
[email protected]
17
GIDC-Municipal Co-ordination
Shri Kirit H. Patel
[email protected]
18
Industrial Safety, Police & Security
Shri Ashok Patel
[email protected]
19
Education
Shri Saurabh Choksi
[email protected]
1
Business Women Wing
Smt. Usha K. Birmi
[email protected]
2
Youth Wing
Shri Chiranjiv Patel
[email protected]
3
NRG Centre
Shri K. H. Patel
[email protected]
Task Force
1
Research & Development
Shri K. T. Patel
[email protected]
2
Bulletin & Programme
Shri Sanjeev Chhajer
[email protected]
3
Renovation Task Force
Shri Trilok R. Parikh
[email protected]
4
Agritech Task Force
Shri Ashishbhai Guru
[email protected]
5
Public Relation & Media
Shri Jigish Shah
[email protected]
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Gujarat Chamber of Commerce & Industry
Office Bearers 2014-15
Shri Rakesh R. Shah
Shri Rohit J. Patel
Shri Samir N. Patel
President
Sr. Vice President
Vice President
Shri Bhavesh S. Lakhani
Shri Bhavesh G. Patel
Shri Vijay N. Shah
Hon. Secretary
Hon. Secretary (Regional)
Hon. Treasurer
Vibrant Gujarat Global Investor's Summit - 2015... A Summary
This year saw between the 11th to 13th January 2015, the 7th Vibrant Gujarat mega event, bigger than all those before it in terms of sheer number of eight partner countries & their large delegations, presence of heads of state, senior Ministers, just the total number of attendees, the level of internationalisation, presence of overseas and national dignitaries, quality of speakers in seminars including Nobel Laureates, large number of interactions between businesses, record participation by number of countries and government meetings. Inaugurated by the Hon’ble Prime Minister of India Narendra Modi, the architect of this event starting in 2003; the event was attended by dignitaries including the United Nations Secretary-General, US Secretary of State, the Prime Minister of Bhutan, the Prime Minister of Macedonia, the president of World Bank among several others. In addition to the above, several Federal Ministers from around the world, foreign diplomats, CM of Gujarat, Government of India Ministers, State Ministers, other senior government officials, CEOs of Fortune 500 companies and industry stalwarts from all over India attended the sessions. We saw several key GoI ministers and functionaries speak on the emerging policy framework at these forums covering Make in India, Skill India, Digital India, Inclusive India, Innovation initiatives, Smart City Policy & others. GoI circulated the achievements of the Government since May 2014 when they came to power. The documentation kit was of international standard, very informative, light to carry, A4 sized carry bag-neat & nicely done. All this was accompanied by a huge exhibition spanning over 125,000 square meters of display space. All in all it was a magnificent event, riding this time on the back of 3 days of Pravasi Bhartiya Diwas PBD, an annual event by the Ministry of External Affairs, GoI to engage with the representatives of the large Non resident Indian diaspora. The larger than ever 7th edition of biennial Vibrant Gujarat Global Summit held during 11-13th January removed any lingering doubts regarding India’s position on the world stage. The event clearly demonstrated that Gujarat – and, by extension, India – is taking a leading role in defining the emerging world agenda and echoed the “Make in India” campaign initiated by Hon’ble PM. The Summit also provided a platform and prospects to participating foreign countries to display their strengths, progressive stand, initiatives, policies, art and culture. Far from the regional investment fair that characterized the first Summit in 2003, the event has quickly become the definitive venue for discussions and development of industrial and investment policy in the East. Mr. Ban Ki Moon, Secretary General, United Nations said “The whole world should come together to excel in field of sustainable development and build industrial strength. I commend PM Modi’s smart city’s initiative and vision of use of renewable energy efficiently.” Mr. John Kerry, Secretary of State, USA, said, “The moment has never been more right to tap the incredible possibilities between India & US. PM Modi’s Sabka Saath Sabka Vikas sounds like a pretty good slogan for all of us to adopt.” Mr. Jim Yong Kim, President, World Bank, said, “We believe India should be the leader in eliminating poverty; it’s a radical and unique opportunity over the next decade.” Mr.Tshering Tobgay, Hon’ble Prime Minister, Bhutan, said, “I am here on my economic pilgrimage & I am delighted to participate in Vibrant Gujarat 2015.” Mr. Osamu Suzuki, Chairman and CEO, Suzuki Motor Corporation, said, “Gujarat Superior in terms of Infrastructure and administration.”
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Gujarat Chamber of Commerce & Industry
Highlights Inaugurated by
Shri Narendra Modi, Hon’ble Prime Minister of India
Partner Countries
Australia, Canada, UK, Netherlands, Japan, South Africa, Singapore, USA
Partner Organization
JETRO, US India Business Council (USIBC), UK India Business Council, Australia India Business Council, SE4ALL
Participation
111 countries, over 8500 Delegates attended the Inaugural Session, over 1200 Foreign Delegates participated.
Total no of Delegations Over 54 Delegations from across the globe participated in the Summit Vibrant Gujarat Global Largest Exhibition area of 1,25,000 sq mt , nearly 2 Million visitors across 7 Trade Show,(7–13 Jan) days, over 25 sectors represented, 17 pavilions including Pravasi Bharatiya Diwas Pavilion, Country Pavilions and State Pavilions, nearly1300 stalls. Inaugurated by Hon’ble CM Smt. Anandiben Patel in the presence of Hon’ble MEA, Smt Sushma Swaraj. Seminars
10 Theme Seminars and 14 Country Seminars were organized during the Summit
Events
Several Road show across India round the year for investment promotion
Global CEO Conclave Overall 250 participants, 75 Global Companies from more than 30 Countries, 35 Foreign Diplomat & Heads of State, 220 Global & Indian CEOs, 10 Academicians & Economists. Dignitaries on Stage: Hon’ble PM Shri Narendra Modi, Hon’ble FM Shri Arun Jaitly, Smt. Anandi Ben Patel, John Kerry, Jim Young Kim, Investment Intentions 21,304 investment intentions were signed out of which 17081 were by MSME sector. Among large sector 1052 were signed for Urban Development and 340 for Rural Development. Strategic Partnerships 1,230 Strategic partnerships were forged with 530 in Skill Development Sector Event Details: One of the unique features of this year’s event other than the very high profile Inauguration ceremony, was the CEO Conclave, a mixture of CEOs of Fortune Five Hundred MNCs and Indian corporate Giants with both the Prime Minister, Finance Minister & UN secretary General speaking at the forum. Other interesting seminars included:
Gujarat Chamber of Commerce & Industry
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10 Thematic Seminars •
CSR : Touching Lives and Making an Impact
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Gujarat: A Preferred Hub for Defense Production
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Health For All : Leveraging Technology, Innovations & Enablers
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Innovation and Technology in Food Processing for Sustaining Food Security
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Innovation: The Torch bearer of 21st Century
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Invest in India Summit 2015 - Financing for Future Growth
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Smart Cities for Next Generation
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SMEs : Gearing up for Global Competitiveness
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Sustainable Energy for All
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Water Security, Climate Change and Sustainable Development
Several Country Seminars by: 1. Australia
6. Sweden
11. Israel
2. Netherlands
7. Canada
12. UAE
3. Singapore
8. USA
13. Astrakhan (Russia)
4. UK
9. Denmark
14. Poland
5. Japan
10. Afghanistan
Key Dignitaries: International Mr. Akbar Torkan, Vice President and Secretary of the Council to the President, Iran Mr. Yair Shamir, Hon’ble Minister of Agriculture and Rural Development, Govt. of Israel Mr. Sinatambou, Hon’ble Minister, Govt. of Mauritius Mr. Nicolae Banicioui, Hon’ble Minister of Health, Govt. of Romania Mr. Mike Baird, Premier of New South Wales Hon’ble Premier, Govt. of Ontario, Canada Mr. Norbu Wangchuk, Minister for Economic Affairs, Bhutan Mr. Faiyaz Koya, Minister for Trade, Industry and Tourism, Fiji Mr. Jerry Daniel Naumoff, Minister for Foreign Investment, Macedonia H.E. Mr. Terry McAuliffe, Governor of Virginia, United States of America Hon’ble Premier, Govt. of Prince Edward Island, Canada Ms. Kellie Leitch, Hon’ble Minister of Labour and Minister of Status of Women, Govt. of Canada Mr. Jerry Daniel Naumoff, Hon’ble Minister in charge of Foreign Investments, Govt. of Macedonia Mr. Sergei N Novikov, Hon’ble Minister of Regional Development, Govt. of Khakassia, Russian Federation Mr. Tyzz-Jiun Duh, Hon’ble Minister, Govt. of Taiwan Mr. Aiyaz Sayed Khaiyum, Attorney General & Minister for Finance, Public Service, Fiji HH Sheikh Saud Bin Saqr Bin Mohammed Alqasimi, Member of the Supreme Council, UAE Lord Livingston, Hon’ble Minister for Trade & Development, Govt. of United Kingdom
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Gujarat Chamber of Commerce & Industry
Mr. Alexander Zhilkin, Governor of Astrakhan, Russian Federation Mr. Patrick Brown, Hon’ble MP, Govt. of Canada Ms. Patricia Hewitt, MP, UK Mr. Vittorio Colao, Chief Executive Officer, Vodafone Group Plc Mr. Jo-Chi Tsou, Chairman, China Steel Corporation Mr. Sam Walsh, CEO, Rio Tinto, Australia Mr. Hamad Rashid Al-Mohannadi, Chief Executive Officer, RasGas Mr. Chen Jianhua, Mayor of Guangzhou City, China Mr. GeHonglin, Mayor of Chengdu City, China Mr. Stephen A Schwarzman, CEO, Blackstone Group, USA Mr. Johannes Teyssen, Chairman and CEO, E.ON SE Mr. John Davies, Vice President, Global, Intel Corporation Mr. Satoshi Miyamoto, President, JETRO, Japan Mr. Jin Yong Cai, CEO, International Finance Corporation (IFC) Some of the key National DignitariesMr Gautam Adani, Chairman Adani Group. Mr Cyrus Mistry, Tata Group Mr Kumar M Birla CMD Birla Group. Mr. Adi Godrej, Chairman, Godrej Group Mr. Anand Mahindra, M&M Mr. Dilip Sanghvi, Founder and Managing Director, Sun Pharmaceuticals Mr H S Bhartia, Co Chair Jubilant Group. Mr. Sudhir Mehta, Torrent Mr Anil Ambani CMD Reliance Group. Mr H Patel, Nirma Industries. Mr. Baba Kalyani, CMD, Bharat Forge Mrs. Arundhati Bhattacharya, Chairperson, SBI Mr. Chandrasekhar, Chairman, TCS Mr. Deepak Parekh HDFC Bank. Mr Pankaj R Patel CMD Zydus Group. Mr Tulsi R Tanti CMD Suzlon. Mr. Ajay Shriram, President, CII. Mr Shashi Ruia CMD Essar Group Mr Mukesh Ambani CMD Reliance Industries Ltd. Mr. A M Naik, Chairman, Larsen & Toubro Ltd. Mr. Sunil Bharti Mittal, Chairman Bharti Enterprises
The outcomes of this year’s Vibrant Gujarat were many- 21,304 MoUs signed, of which 4,223 were by large sector and 17,081 were by MSMEs. This was facilitated by an Online easy to fill registration portal.
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The large sector MoU breakdown is as below.
Vibrant Gujarat Global Trade Show – 2015 The week long Vibrant Gujarat Global Trade Show 2015 (VGGTS 2015), from 7-13 January 2015 was held at the Exhibition Ground, Near Mahatma Mandir, Gandhinagar. With an area of nearly 125000 sq. mt. the VGGTS 2015 had the largest exhibition area ever housing 17 domes with over 1300 stalls. The VGGTS was an international trade show and a global business summit that provided a platform to showcase over 25 different sectors. Over 2 million visitors and over 2500 international delegates from over 150 countries participated at the exhibition. Ministry of Overseas Indian Affairs also organized the 13th edition of Pravasi Bharatiya Divas (PBD) from 7-9 January 2015 at Mahatma Mandir, Gandhinagar, Gujarat. Gujarat was a partner state for this edition of PBD and this year being 100 years of return of Mahatma Gandhi to India, Gujarat opened its doors for the centenary celebrations. The inauguration of VGGTS and PBD- Exhibition was held on 7th January 2015. Smt. Anandiben Patel, Hon’ble CM of Gujarat and Smt. Sushma Swaraj, Hon’ble Minister of External Affairs & Overseas Indian Affairs inaugurated the VGGTS and the PBD Exhibition at the Exhibition Ground respectively. Key Sectors Showcased: - Pravasi Bharatiya Divas (PBD) Pavilion. - Education & Knowledge Pavilion. - Defense & Power Pavilion. - Healthcare Pavilion, Ayurveda Pavilion. - Urban Infrastructure-Construction & Real Estate Pavilion. - State Departments, Boards, Corporations & PSU Pavilion. - Agro pavilion. - Automobiles, Banking/Finance Pavilion. - FIA, GCCI Women wing ( products manufactured by Women Entrepreneurs were on display). - Oil & Gas, Chemicals, Petrochemicals, Power (Generation) & Renewable Energy Pavilion. - iNDEXTb & International Pavilion. - IT & Telecommunication Electrical, Electronics & Automation Pavilion, Central PSU & Corporate Pavilion.
A Review by Sunil R. Parekh, Advisory Board Member Vibrant Gujarat & EC Member GCCI.
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Gujarat Chamber of Commerce & Industry
Vibrant Gujarat CEO Conclave - 2015... A Summary One of the distinguishing features of VG 2015 was the CEO Conclave, an event aimed at not only to bring Gujarat & India alive for the attending CEOs but also to start positioning VG as an event where people would think of converging biannually to discuss regional and international issues. China too hosts a similar forum called the Boao Forum for Asia as an alternative to Davos by WEF, besides hosting the ‘summer Davos’ in China every year. The evening session on 11th January 2015 at Pandit Deendayal Petroleum University, Gandhinagar brought together the crème de la crème of global corporations and distinguished luminaries for thought-provoking discussions on the strategies for India's growth with Shri Arun Jaitley, Hon'ble Finance Minister of India in the august presence of Shri Narendra Modi, Hon’ble Prime Minister of India, Smt. Anandiben Patel, Hon’ble Chief Minister of Gujarat, Mr. John Kerry – US Secretary of State and Mr. Jim Yong Kim- President, World Bank. Opening Remarks by Shri Arun Jaitley, Hon’ble Finance Minister. Shri Arun Jaitley welcomed all the dignitaries and audience present at the conclave. He expressed his views on how the world has started seeing India entirely differently merely in a few years. There is a marked change in the commitment of Indian government towards investment regulations, expediting the decision making process, and easing the process of doing business in India. He emphasized that the present Indian government has clarity of policy, a leader who is decisive, and a roadmap which is clear. While sharing his experience of the first Vibrant Gujarat Summit in 2002, he praised Shri Narendra Modi, the then Chief Minister of Gujarat, for his motivated endeavour in pushing for changes, ushering in improvements, building infrastructure and most importantly, in building the credibility of decision making process in the state of Gujarat. Shri Arun Jaitley, Finance Minister of India Shri Arun Jaitley, Finance Minister of India Interactive session with CEOsAn interactive session took place and CEOs gave their valuable suggestions and asked pertinent questions regarding various topics of national and international interest. The session was moderated by Shri Arun Jaitley, Hon’ble Finance Minister of India. Some of the topics that were discussed and the ideas that came up during the session are as follows: •
Climate change Impact, renewable sources of energy and energy security
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Corporate Social Responsibility act in India
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Single Window Clearance for housing Projects
Gujarat Chamber of Commerce & Industry
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Challenges faced by the merchants selling products from one state to another, due to differing state level taxes and measures to overcome them
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How can India differentiate itself by adopting a low interest rate regime and by promoting growth? Also, what are the expectations from the industry towards ensuring high growth rate for India and meeting the aspirations of people in terms of providing more employment opportunities
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Broadening the scope of Defense Offset Policy (which allows expenditures by defense companies selling equipment to India to be invested only in Civil Aviation, homeland security, and defense) to include Energy Storage
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Transition from Look East to Act East. To consider ASEAN region as a significant source of capital for India and substantial marketplace for the output of ‘Make In India’
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Plans of Union Government to train, educate, and professionalize the public sector officials (public administrators, policy makers)
Address by Shri Narendra Modi, Hon’ble Prime Minister of India Shri Narendra Modi talked about the growing security concerns that the world is facing. He emphasized that terrorism is a threat to humanity and those who believe in humanity must come together to resolve this problem. Also, there is need for zero tolerance on terrorism and to realise this there must be a strong political will. He also talked about promoting ‘zero effect and zero defect’ manufacturing, in which zero effect refers to the negative externalities affecting climate. In his remarks, Shri Narendra Modi reiterated that India is witnessing a new era of development and that the aim of Union Government is to ensure that this light of progress shines upon all the sections of the society. He said that several policies and initiatives have been set into motion in order to create a strong, vibrant and inclusive India. The government is also trying to create an environment where doing business becomes easy in absolute and not in comparative terms. The Prime Minister said that we are living in an India with boundless aspirations and we need to create an ecosystem that is able to translate these aspirations into reality. In his concluding remarks he said that he is confident that together we can unlock the potential of our nation. Thanking everyone for their valuable suggestions, he emphasised that the government will work on them in order to make India more business friendly, more open and more enterprising. One of the most promising endorsement of India came from the President of the World Bank who expressed his confidence of the increase growth rate that India will experience in the next year to 6% plus. Usually such speculative statements are not ascribed to heads of such multilateral institutions for any country but obviously he must felt convinced of the inevitable. Prominent Attendees: Name Mr. David Farr Mr. Vittorio Colao Mr. Sam Walsh Mr. Osamu Suzuki Ms. Ellen Lord Mr. Ajaypal Singh Banga Mr. Mukesh Ambani Mr. Sunil Bharti Mittal Mr. A. M. Naik Mr. Deepak Parekh Mr. Shashi Ruia Mr. Kumar Mangalam Birla Ms. Arundhati Bhattacharya Leading Industrialists of Gujarat
Organization Chief Executive Officer, Emerson Electric Chief Executive Officer, Vodafone Chief Executive Officer, Rio Tinto Chairman, Suzuki Motor Corporation Chief Executive Officer, Textron Systems President and Chief Executive Officer, MasterCard Chairman and Managing Director, Reliance Industries Limited Chairman and group CEO, Bharti Enterprises Chairman, Larsen and Toubro Limited Chairman, HDFC Bank Chairman, Essar Group Chairman, Aditya Birla Group Chairperson, State Bank of India
A Review by Sunil R. Parekh, Advisory Board Member Vibrant Gujarat & EC Member GCCI. 18
Gujarat Chamber of Commerce & Industry
Biogas Plant Across Gujarat
Country's largest biogas plant producing 5,000 cubic meters of gas per day using agriculture waste and animal dung has become operational in Sundarpur village of Umreth taluka in Anand district. The man behind this biogas plant Dr Bharat Patel, an Ahmedabad-based orthopedic surge, now plans to set ups 15 such plants in other parts of the state with an estimated cost of Rs 350 crore. The biogas plants are planned in north Gujarat districts of Sabarkantha, Banaskantha, Mehsana and Junagadh, Rajkot in Saurashtra regions. Patel also want to set up three more biogas plants in Anand. "The biogas plant (in Sundarpur) supplies over 5,000 cubic meter gas to nearby industries where it is used in furnaces, wielding work and melting copper. The slurry that remains after extraction of gas is used as organic manure by farmers for better productivity," Patel told TOI. He said that the capacity of the biogas plant can be increased to 10,000 cubic meters. The current plant has investment of Rs 35 crore. Patel also plans to take it further by generating power using biogas. "This biogas can be used by households, small industries and even as fuel for vehicles. Once the capacity goes up we can even generate power. This way the entire village can become self-sufficient in terms of energy," Patel added. The entire biogas plant uses multi-feed German technology to produce gas. The raw material for the plant is collected from nearby villages and sugar factories. There are about 50 vehicles to collect waste like banana stems, sugarcane waste, potato peels, green waste including flowers from temples and garbage from villages within 2 km of the plant.
Dr. Bharat Patel, MD, Samved Hospital
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GenNext : Carrying Forward the Corporate Legacy Zydus Cadila has become the first company in the world to launch a biosimilar of Adalimumab, a revolutionary therapy that has provided a new lease of life to millions of patients suffering from rheumatoid arthritis and other auto immune disorders. Biosimilars are as good as the originator products in terms of efficacy and safety, but are affordable and accessible in comparison. Zydus Cadila's biosimilar, named Exemptia, has been approved by the Drug Controller General of India and is being seen as a ray of hope for the Indians suffering from auto immune disorders. Q. Please tell us about Exemptia. How is it likely to benefit people suffering from rheumatoid arthritis? A. There are 12 million people suffering from auto immune disorders in India. Of
Dr. Sharvil P Patel, Deputy M. D. of Zydus Cadila, one of the biggest pharmaceutical companies of India, speaks with The Sunday Guardian.
'We are way ahead of other developing nations when it comes to the pharmaceutical sector' these, 10 million people suffer from moderate to severe rheumatoid arthritis. The understanding of the disease is poor in the country. Usually, people go to their general practitioners, who send them to the orthopaedics. Most of the time, the symptoms are not looked at in a holistic manner and a patient gets misdiagnosed. These chronic conditions progressively deteriorate and could lead to lifelong pain, and even disabilities. When we were working on the rheumatoid arthritis portfolio, we realised that Adalimumab, the world's largest selling therapy, was the best out of all the available biologics. It has very strong efficacy, which is why you experience instant pain relief, and the remission period is very long, so if a patient takes it for six to twelve months, he can be remission free for almost two years. We were working very hard on two aspects: First, meeting the USFDA (Food and Drug Administration, USA) and EMA (European Medicines Agency) guidelines for biosimilars; and second, to fall in the bracket of the highest biosimilarity, which the US calls a 'fingerprint match' with the innovator in terms of safety, purity and potency of the product. Exemptia succeeded in both, that too at one-fifth the cost of the innovator. Q. What about diagnosis and access? A. Exemptia will bridge the unmet healthcare needs in India and offer a new lease of life to millions of countrymen, who did not have access to Adalimumab therapy so far. We wanted to ensure that patients do not drop out due to accessibility, misdiagnosis or for the lack of skills to administer the injection. We worked out a dedicated patients support programme to ensure proper diagnosis and appropriate management of the disease. Even at one-fifth cost of other therapies, it is still an expensive injection to
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take, and we did not want people to get wrongly pushed into taking it. So, we decided to bear all the cost of diagnosis ourselves. If a person is diagnosed correctly by us, we will provide home delivery and administering of Exemptia injection. We are also trying to work out a set of guidelines with the Indian Rheumatology Association, so that there is a protocol about proper diagnosis and administration of biologics. We want to make it affordable and available in large volumes so more and more people benefit from it, even if it means that we will have to compromise on our short-term profits. Q. What is your take on R&D scenario in the Indian pharmaceutical industry? A. Without innovations we cannot survive. Pharmaceuticals doing only generic cannot be sustainable in the long run as every year value erosion happens. You have to work out differentiation at the product or technology level and offer something better. Discovery is a high risk, long gestation, high investment prospect, and chances of success are less. But if you truly want to become a global company, then you have to invest in it. Since 2002-03, our focus has been on finding new technology, new products and new therapies, to make sure that we keep on growing. As soon as we went public, our first major investment was in R&D, and now we are tasting some success. We have 1,500 scientists working on differentiated medicines for the future. We cover the entire value chain of R&D process – New Chemical Entities, vaccines, small molecules research, biologics and niche technologies. In 2013, we launched India's first NCE in the market. Our R&D pipeline comprises of over two dozen biologics and biosimilars, being developed for treatment of various conditions like cancer, infertility and stroke. If not for our focus on innovations, it would have been very difficult for us to become a leading global pharmaceutical company. Q. What are the challenges faced by your sector? A. In my opinion, the flip-flop in the government policies is the biggest challenge we face. There should be a stable policy. A framework should be set up by the government to ensure accessibility of medicines, and the government should take care of the interest of the consumers as well as the pharmaceutical companies. Q. What will be the pharmaceutical sector's contribution to the Prime Minister's 'Make in India' initiative? A. I look at the pharmaceutical as the most critical industry for the country, given the value it adds by bringing down the cost of healthcare and by earning foreign exchange through significant exports. India exports pharmaceutical products to over 200 countries in the world. We are way ahead of other developing nations when it comes to this particular sector. We are well-poised to be at par with any developed nation in terms of technology, capability of manufacturing and providing high quality, affordable medicines in India and globally. Q. As a young person in charge of your company, what are your expectations from the central and the state governments? A. Firstly, there should be better research programmes in our universities, which we currently lack. It is high time we become capable to export innovation and research to the world. Secondly, if the government wants affordable and accessible medicines, it should provide some benefits for setting up of manufacturing operations in the capital intensive sectors like biologics. It needs to support the biotech industries. It will not be possible for the pharmaceutical companies to build more and bring affordability without encouragement from the government.
Courtesy : The Sunday Guardian.
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Gujarat Chamber of Commerce & Industry
Youth : Next Holders of the "Baton" It's been 63 long years since we became independent, a nation free from a dictatorship, a nation ready to challenge the world with its pure heart, soul and the Indian pride. From the Gujarat massacre in 2001-02 to the very recent Kashmir conflict development (2010), the youth has been involved in all; however, what I feel is that, the youth that was — is not the youth that is. By 2020, India is all set to become the world's youngest country with 64 per cent of its population in the working age group. The youth has to join hands and pass on new legacies to the future. They are energetic, enthusiastic and full of zeal. In fact, the hopes of the youth are huge like: 1. A hope to create a Hindustan, free of poverty, unemployment, inequality and exploitation. 2. A Hindustan free of discrimination on the grounds of race, colour, language and gender. 3. A Hindustan full of creative challenges and opportunities to conquer them. When we call ourselves youth, we often forget about the youth that is in majority; a breed that lives in the real India, the rural India. The ones who are kept in the dark and the ones who have not been taken care about. There has been a great divide between the two Indians. Also, there has been a great divide within ourselves — between the two generations we live within us. One that dreams high, one that fears of dreaming; one that lives for tomorrow, another that lives with the fear of today; one that goes out and gets things done, the other that rests in the dungeons of yesterday. Bridging the gap is the key to success, wherein, we combine the experience of the earlier experience, and by today's youth, execute the things for a better tomorrow. Education is the key base which is currently on a stage to be changed in order to cope up with the current industry requirements. On one side, there are a huge unemployed people and, on the other side there are lots of opportunities that are open. The major limitation is the gap between the education system and the current requirements. An hour of the need is a recognized collaboration of colleges and companies working to strengthen the competency and global competitiveness of the entire workforce. Hence the mission should be to create and sustain an innovative, responsive, and standards-based workforce education development system that meets industry skill requirements. Decent work remains elusive in many countries, particularly as a consequence of the global financial crisis, which has hit labor markets hard. As witnessed around the world, young people have suffered disproportionately since the onset of the crisis, which comes on top of the persistent barriers they experience in gaining a foothold in the labor market. This situation represents one of the greatest urgencies facing all countries. Among young women, social conditions play an important role: labor force participation, for example, is higher among scheduled castes, scheduled tribes and other backward castes, especially in rural areas. What I have seen, the other core issues being faced by youth apart from education & job, are high stress level, pressures for performance, role & value conflicts, and career decisions. If we can eliminate at least a couple of them, I think we can create a better Society, a better Hindustan. GCCI – YW, being a body made to focus on the youth & industry related issues, is working on getting these issues right and taking a few stepping stones to give the best to the youth of India, definitely starting from Gujarat. Hence, I would urge each of you as a youth, to be a supporter of the initiatives being taken and contribute your best in whatever way you can to help all ourselves. To share what I think, if each of us reading this article, can pick up the small small things that we as a Youngster needs to do, India can be a better country, starting with Gujarat to be a better State. And this is something that we know it all, we see it all, we read it all, we hear it all, but we don't execute it all; so let's execute… Let's join hands together for our vision of creating a dream Hindustan by Youngistan. - Chiranjiv Patel, Chairman Youth Wing
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Generating Taxes..... Building Nation Post Budget Analysis Meet : 12-07-2014
L to R : Mr. Bhavesh Patel, Hon. Secretary (R), GCCI, Mr. Samir Patel, Vice President, GCCI, Mr. Rakesh Shah, President, GCCI, Mr. Saurabh Soparkar, Renowned Advocate, Mr. Bhavesh Lakhani, Hon. Secretary, GCCI, Mr. Sunil Parekh, Advisor- Zydus Group, Mr. Vijay Shah, Hon. Treasurer, GCCI and Mr. Dhinal Shah, Chairman, Direct Tax Committee, GCCI
Seminar on Emerging Trends in International Arbitration: 05-09-2014
L to R : Mr. Kunal Gupta, ED, Grant Thornton, Mr. Bhavesh Patel, Hon. Secretary ( Regional), GCCI, Mr. Vyapak Desai, Mr. Rakesh Shah, President GCCI, Dr. Milind Antani Nishith Desai Associates, Mr. Rohit Patel, Sr. Vice President, GCCI, Mr. Sahil Kanuga, Mr. Ajay Thomson, Director, LCI India
Open House on Customs : 15-09-2014
L to R : Mr. Bhavesh Lakhani, Hon. Secretary, GCCI, Mr. Sanjay Gahlot, Commissioner of Customs, A'bad, Mr. Rohit Patel, Sr. Vice President, GCCI and Mr. Bhavesh Patel, Hon. Secretary (R), GCCI
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Gujarat Chamber of Commerce & Industry
Generating Taxes..... Building Nation Open House on Central Excise & Service Tax : 22-09-2014
Chief Commissioner Mr. Indrajit Dasgupta, with team of Commissioners, GCCI Office Bearers and Chairman of Indirect Tax Committee
Seminar on Intellectual Property Rights : 15-11-2014
L to R : Mr. Bhavesh Patel, Hon. Secretary (Regional), GCCI, Mr. Pawan Kumar Pandey, Mr. Samir Patel, Vice President, GCCI, Mr. Pranit Nanavati, Chairman, Legal Advisory Committee, Mr. Vijay Shah, Hon. Treasurer, GCCI
Seminar on Salient Features of SEZ Policy in India : 16-12-2014
Mr. Vijay Shewale, Zonal Development Commissioner, Kandla SEZ, Mr. K. L. Sharma, Development Commissioner, Dahej SEZ, Madam Lata Shukla, Development Commissioner, Adani Ports & SEZ with GCCI Office Bearers
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International Trade Opportunities
Developing Business in China Through Licensing It is also important that the licensors have a real understanding of the local market. This allots for the development of localised products Jacqueline Vong, Vice-president of Marketing and Licensing of King Bee Toys, has many years of experience in merchandise licensing. She believes that licensing will not only add a higher perceived value to products, but that licensees can also capitalise on the established brand awareness of the licensors in order to break into markets more easily. Speaking to Pansy Yau, Deputy Director of Research, HKTDC, Jacque-line explained the advantages of licensing and illustrated how best to make use of it when developing toy business in China. King Bee Toys' parent company, Wong Hau Plastic Works & Trading has been established in Hong Kong for more than 60 years. For most of that time, it specialised in manufacturing a variety of OEM toys for export purposes. In view of the strong potential for toys in China, the company set up a whollyowned subsidiary in China three years ago with a view to selling into the domestic . market, as well as maintaining its OEM activities. Very much aware that it requires a huge effort for an entirely new company to achieve success in the mainland toy market, King Bee chose to fast track its initiative by working with a number of top tier property licensors - notably Mattel and Hasbro. This allowed King Bee to 'piggyback' on the established brand awareness of these global players, as well as their marketing support. This saw it produce and distribute secondary category licensed products throughout China. While Transformers action figures, Barbie dolls are the master toy category manufactured solely by Hasbro and Mattel and have a particularly strong appeal to consumers and retailers, King Bee Toys focuses on producing secondary category products. These complement the master product ranges and include costumes and accessories that the top tier licensors do not produce. King Bee also uses the headline success of these products in other markets in a bid to recruit retailers in China and expand its distribution channels and market awareness. According to Jacqueline, in the case of significant global players, such as Matte! and Hasbro, that have a high profile annual marketing campaign for a license, licensees can leverage on that campaign when developing their own products and sales in the market place.
What is Licensing ? LICENSOR Owner of Intellectual property
Licensees can use the overall marketing Drive awareness of brand theme when creating products. For example, Content, entertainment - publishing, movie, TV, history should Mattel adopt a rock star theme for its current Barbie promotion, the licensee can 3. Additional 4. Smaller category then develop ancillary products, such as 1 Master toy launch 2 Secondary category roll out categories roll out musical instruments and stage costumes. - Dolls
The licensee can also leverage on the overall theme when pitching at distribution and retail levels. If Mattel is doing something like a rock star show in marketing, the licensee can offer a line extension in their secondary license categcfries, such as
Gujarat Chamber of Commerce & Industry
- Action figures - Play sets - Vehicles
- Toy extensions (dress up, role play, ride oos)
- Sporting goods - Apparel
- Stationery - Back to school - Party - Confectionery
- Travel
- Bath accessories
Retailers, Distributors, Points of Sales
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supplementary microphones and costumes. As the line extension will give the rock star show greater impact and appeal, a retailer may be tempted to also stock the extension items at the campaign. While there are significant advantages when it comes to using licensing in developing business in China, getting a license contract for top tier properties is far from easy. According to 'Jacqueline, it is first necessary to convince the licensor of your distribution capacity in China. She says:"You need to show how many channels you sell to, which channels you use, and how you are going to expand those channels year after year. You have to factor all of these as part of the forecast in your proposal." With growing awareness of these requirements, this is one area that licensors are really focusing on. Secondly, the category should be in line with the overall brand values of the license, and the design or products need to demonstrate a degree of differentiation in terms of innovation or concept that is not currently available in China. Alternatively, the licensee can seek to demonstrate the way in which it can develop and enhance an existing property in the market. Thirdly, it is very important that the licensee is able to exercise high levels of quality control when it comes to manufacturing, as well as being able to properly manage the supply chain. In the case of King Bee Toys, it first started the licensing business three years ago. The business has trebled in size over that time, and has incorporated a number of major new developments, including establishing an outright contract in Toys R Us. This, in itself, has proved to be a success story that can be pitched to licensors.
A collector Barbie that portraits Chinese Actress Fan Bingbing
As well as the reassurances a licensee needs to offer a licensor, there are also a number of areas of probity on the part of the licensor to be considered. The licensing fees of top tier properties can^be hugely expensive so, before signing any licensing contract, a licensee should evaluate the protection provided by the licensor with regard to related counterfeit or illicit items available on the market. The licensee also requires a degree of agreed support from the licensor. This should include regular updates to any style guide as well as support within the China market for holding seminars or summits among the various licensees. The latter initiative is important in terms of facilitating communication between related licensees in order to achieve, a useful synergy when pitching to retailers. . It is also important to assess the potential and likelihood of any i; T-ket infrastructure .developments, such as the launch of a license-re-lated theme park, a move that would inevitably raise the profile of any relevant license property. Finally, it is also important the licensors have a real understing of the local market. This is for the development of localise products, such as the "Fan Bing bing" Barbie Doll, as well as the implementation of localised marketing schemes. Courtesy : EXIMP TIMES 30
Gujarat Chamber of Commerce & Industry
International Trade Opportunities
Exporting to Rwanda 1. Overview Rwanda is a landlocked country that borders with Uganda, Burundi, Tanzania and the Democratic Republic of the Congo. It has a population of approximately 10 million. Rwanda is a member' of the East Africa Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA). It is also a member of the Commonwealth. Over 20 UK companies operate in Rwanda, including De La Rue, Fusion Capital, Pfunda, Gis-ovu and Regus. Benefits for British businesses exporting to Rwanda include: • liberalised economy - government commitment to the private sector • history of macro-economic stability • low cost workforce • attractive investment policies • political stability since 1994 • relatively low corruption levels (49 out of 177 in the Corruption Perceptions Index) 2. Challenges There are some unique challenges when doing business In Rwanda. These include: • relatively poor infrastructure • cost and availability of electricity 3. Growth potential Between 2001 and 2012, Gross Domestic Product (GDP) growth averaged 8%. It is forecast to drop to 6% in 2014. Rwanda has an impressive record of macro-economic stability with single digit inflation. Fitch's credit rating recently improved to B. Rwanda was ranked 32nd in the World Bank. Ease of Doing Business Index, the second country in .Africa'after Mauritius. Rwanda's 'Vision 2020' development strategy aims to transform the country from a low income agricultural based economy to a service orientated economy. There are also plans to reduce non-tariff barriers. 3.1 Foreign Direct Investment (FD1). Rwanda received USD 1 billion in FDI in 2013, up from USD 106 million in 2011. 4.Trade between : India and Rwanda. Bilateral Trade : The bilateral between India and Rwanda has been gradually increasing over the last few years, even though in terms of value the total trade remains very modest at US$ 78.10 million for 2012-13.
Why invest in Rwanda • An investor-friendly attitude The Government of Rwanda is acutely aware that achieving the objectives of its Vision 2020 requires a substantial contribution by foreign investors, who need to be welcomed and assisted on the ground. This awareness is reflected in several ways in the investment regime. Starting a business is much easier and faster in Rwanda, according to the World Bank, than it is in any of us neighbors. So is registering property. There are no sectors that are barred to foreign investors and no restrictions on the percentage uf equity they might hold. The Constitution of 2003 also guarantees investors against expropriation, except in the public interest and with fair and prior compensation, which may be repatriated. • Varied opportunities Rwanda offers investment opportunities in just about every field, many focused on the local market and some on markets abroad. There are opportunities in manufacturing, for each type of investors targeting the local market, and the regional one, to which Rwanda's strategic location provides good access. There are opportunities in agriculture: in the processing and export of coffee and tea, as well as in the virtually unexploitcd potential in horticulture and herbal products, where the terrain and climate are strong advantages. Then there is tourism, where the great asset is the mountain gorillas in Virunga but there is also a great diversity of fauna and flora and Lake Kivu in the west. Finally, the Government has made information and communication technology (TCT) a high priority and is in tlie process of developing a TechnoPark near Kigali to facilitate investment in this area. • Soft assets: There are some very special features of Rwanda lhat are little known abroad, whore the overriding association oi the country is with the genocide of 1994. For one thing, it offers a safe and peaceful environment, with very low levels of crime (not something that can be said of many countries in sub-Saharan Africa). For another, there is very little corruption in the country, another distinct advantage among African and indeed among developing countries , generally. For a third, it has a strongly development oriented Government, with a coherent vision of the future and a serious commitment to sustained reform. Lastly, Rwanda is an exceptionally beautiful country with a temperate climate (on account of its elevation), which would be very appealing to most foreign investors as a place to live in.
Adapted from "Doing Business with Rwanda" by UKTi. Although the input is for British Businesses, Indian counterparts may be benefitted from the same. Courtesy : EXIMP TIMES
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“GLOCAL” the New Buzzword Seminar on Business Opportunities in Indonesia : 18-07-2014
H. E. Mr. Rizali Indrakesuma with GCCI Office Bearers and Chairperson of Foreign Trade Committee
GCCI Meeting with NIESBUD Delegation : 25-07-2014
GCCI Office Bearers and Executive Committee Members with NIESBUD Delegation Members
Meeting with the AIA Group Spain 01-09-2014
Chairperson of Foreign Trade Committee Ms. Bhagyesh Soneji welcoming the representative from AIA Group
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“GLOCAL” the New Buzzword Meeting with Delegation of Rupandehi Chamber of Industry, Nepal : 03-09-2014
GCCI President Mr. Rakesh Shah, Hon. Secretary Mr. Bhavesh Lakhani, Hon. Treasurer Mr. Vijay Shah, Chairperson of Foreign Trade Committee Ms. Bhagyesh Soneji with Mr. Bonin Piya, President of Rupandehi Chamber of Industry and other members of Nepalese Delegation
Road Show to promote Emerging Indian Technology Show (EITS) 2014 Convention in France : 09-09-2014
L to R : Mr. Vijay Shah, Hon. Treasurer, GCCI, Mr. Thierry Petry, Director, Moselle Development Council, Ms. Bhagyesh Soneji, Chairperson of Foreign Trade Committee, Mr. Sateesh Kulkarni, Director, Corporate Catalyst (India)
Meeting with Ras Al Khaimah Representatives : 10-09-2014
GCCI President Mr. Rakesh Shah addressing the participants during the meeting with representative from RAS AL KHAIMAH, UAE
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Gujarat Chamber of Commerce & Industry
“GLOCAL” the New Buzzword Interactive meet with Consul General of Sri Lanka : 24-09-2014
GCCI Office Bearers and Foreign Trade Committee members with Ms. Saroja Sirisena, Consul General of Sri Lanka in Mumbai, India
Meeting with Taiwan Delegation : 24-11-2014
GCCI Office Bearers and Chairperson of Foreign Trade Committee with Mr. Jang-Hwa Leu and Mr. Da-Wei Hsu, Dy. Director, Bureau of Industry Development, Ministry of Economic Affairs, Taiwan
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“GLOCAL” the New Buzzword Zhejiang Province Delegation : 27-11-2014
GCCI President Mr. Rakesh Shah welcoming member of Delegation of Zhejiang Province, China
Interactive session with Ms. Tulsi Gabbard : 27-12-2014
GCCI Office Bearers with Ms. Tulsi Gabbard, the 1st Hindu Woman of the United States Congress
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Gujarat Chamber of Commerce & Industry
“GLOCAL” the New Buzzword
Meeting with Ms. Priti Patel, Member of Parliament for Witham, UK Minister of Treasury : 07-01-2015
GCCI President Mr. Rakesh Shah welcoming Ms. Priti Patel
Meeting with Mr. Thomas Abraham, Immediate Past Chairman & Member of Global Organization of People of Indian Origin (GOPIO) International, USA : 06-01-2015 Mr. Thomas Abraham presenting GOPIO Magazine to GCCI President Mr. Rakesh Shah
Interactive Meeting with the visiting Romania Delegation : 09-01-2015
GCCI Office Bearers, Chairman of MSME committee, Chairperson of Foreign Trade Committee with officials of Romanian Delegation
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“GLOCAL” the New Buzzword
Business Networking Meeting with Hon'ble Chief Minister of Haryana, Shri Manoharlalji Khattar 09-01-2015
GCCI President Shri Rakesh Shah welcoming Hon'ble Chief Minister of Haryana Shri Manoharlalji Khattar
Interactive Meeting with H.E. Mr. Sam Schreiner, Ambassador, The Grand Duchy of Luxembourg in India : 13-01-2015
GCCI Office Bearers with H. E. Mr. Sam Sachreiner, Ambassador, The Grand Duchy of Luxembourg
Meeting with the Honorable Dipika Damerla Member of Provincial Parliament Legislative Assembly, Ontario, Canada : 13-01-2015
L to R : Mr. K. H. Patel, Chairman, NRG Centre, GCCI, Mr. Bhavesh Lakhani, Hon. Secretary, GCCI, Mr. Rohit Patel, Sr. Vice President, GCCI, Mr. Rakesh Shah, President, GCCI, Ms. Dipika Damerla, Member of Provincial Parliament Legislative Assembly, Ontario, Canada, Ms. Bhagyesh Soneji, Chairperson, Foreign Trade Committee, Mr. Samir Patel, Vice President, GCCI, Mr. Hasmukh Hingu, CEO, GCCI, Mr. Dharmendra Joshi, SG, GCCI 38
Gujarat Chamber of Commerce & Industry
Sector Watch : MSME
Growth Trajectory for MSME Sector MSMEs Ciritcal to Implementation of National Development Agenda The development of this segment is extremely critical to meet the national imperatives of financial inclusion and generation of significant levels of employment across urban, rurban and rural areas across the country. Further, it can nurture and support development of new age entrepreneurs who have the potential to create globally competitive businesses from India. MSME can be the backbone for the existing and future high growth businesses with both domestic and foreign companies investing in the 'Make in India' initiative and make significant impact in the area of indigenization. Make in India with zero defect, is a significant opportunity. The new wave MSME should be able to develop a business eco system that enables and continuously support business that are gearing to deliver the right product, the right quality, the right solution and the right service at a competitive price both in domestic and international markets. The Digital India revolution also provides a great opportunity to promote MSME participation in the Information, Communication and Telecommunication (ICT) sector, in line with the government vision. It is equally important that the MSME segment develops in all areas of agriculture, manufacturing and services sectors as each of these sectors will continue to be very relevant to the overall GDP growth as well as employment generation. The MSME sector will act as a catalyst to bring about this socioeconomic transformation. The GDP growth rate is likely to achieve 8.5% level and India is expected to be an approximately USD 5 trillion economy by the year 2025. The MSME segment has the potential to emerge as a backbone for this economy and act as an engine for growth, given the right set of support and enabling framework. Backbone of Economy The GDP growth rate is likely to achieve 8.5% level and India is expected to be an approximately USD 5 trillion economy by the year 2025. The MSME segment has the potential to emerge as a backbone for this economy and act as an engine for growth, given the right set of support and enabling framework. The MSME opportunity is to develop entrepreneurship and support growth led by innovation over the next decade by: •
Significantly increasing the share of MSME contribution to GDP from the current 8% to 15% by 2020;
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Generate employment levels to the extent of 50% of the overall employment representing 300 million jobs across agricultural, manufacturing and services sectors2; and
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Increase the share of MSME contribution across key public and private industry sectors fulfilling increasing domestic demand, growth in exports, indigenization and import substitution.
Globally MSME segment development has shown mixed results depending on various policies and initiatives undertaken by developing and developed economies during their critical economic life cycle. Many developed and developing economies have demonstrated that the MSME segment constitutes the backbone for maintaining growth rates as well as employment generation rate and providing stability during economic downturns. It is therefore very crucial that as India embarks on a new wave economy, it adopts an MSME opportunity framework that will provide the necessary impetus to seize the opportunities created by: • • • • •
Emergence of domestic demand led by significant increases in spending and consumerism; Increase in spending in infrastructure and defense sectors; Increase in foreign direct investments in existing and emerging businesses in India; Foreign companies investing in India for their global market requirements (Make in India); and The double digit growth expected in numerous business sectors in the Indian economy. In order to be globally competitive it will be essential for India's entrepreneurial skills to be global in their outlook and adopt innovation, develop world class technologies and to skill the nation's favorable age profile of human resources. India will have to develop stronger support and enabling business environment.
Congenial Environment In order to be globally competitive it will be essential for India's entrepreneurial skills to be global in their outlook and adopt innovation, develop world class technologies and to skill the nation's favorable age profile of human resources. India will have to develop stronger support and enabling business environment. The business environment should enable greater number of companies to be able to sustain from startups and from small business establishments across sectors and to develop these businesses into billion dollar plus enterprises over the next decade which are globally competitive. This can be made possible with a new wave opportunity framework for the new wave India MSME. Any new framework will have to consider domestic imperatives, evolution in key business sectors of the economy and evaluate global MSME policies across developing and developed economies. Further the framework will have to shift from regulatory compliance approach for stakeholders, to a performance incentive based approach. This will channelize and reward growth and performance in relevant areas, support innovation and enhance higher productivity. There are very high expectations for spate of new wave opportunity reforms and improvements in ease of doing business in India. A catalyst for socio-economic transformation of the country, the sector is critical in meeting the national objectives of generating employment and discouraging rural-urban migration. Of the many challenges impeding the growth and development of MSMEs, limited access to financial resources, lack of infrastructure support and inadequate linkages to domestic and global markets, etc. are few of the bottlenecks that make these enterprises vulnerable, particularly in the period of economic downturn.
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In India, MSME are very large in numbers, diverse in type of business and are spread across remote geographies of a vast country. A large portion of the MSMEs are informal and not registered with the formal eco system of MSME. It will require significant changes in philosophy and approach to be able to develop and deliver a new wave eco system which facilitates their development and seize the emerging domestic and global opportunities.
In India, MSME are very large in numbers, diverse in type of business and are spread across remote geographies of a vast country. A large portion of the MSMEs are informal and not registered with the formal eco system of MSME. It will require significant changes in philosophy and approach to be able to develop and deliver a new wave eco system which facilitates their development and seize the emerging domestic and global opportunities. At a minimum any hindrances and hurdles in doing business are to be removed. This will help unleash a young and dynamic entrepreneurial talent in India who will be willing to make self-entrepreneurship the first career choice and develop growth companies. New Wave Framework Seizing the emerging opportunities to develop a robust MSME sector as a strong backbone for a growing economy will require efforts by the Government to bring the various stakeholders i.e. Equity funds, banks and financial institutions, industry sector majors and MNCs, Regulators across various Ministries in Center and State and trade associations and global economies having trade flows with India and others stakeholders, etc, together and creating a forward looking framework and eco system. Further, a holistic approach can be considered in developing new wave MSME in view of the emerging opportunity areas in the India economy. Such an approach will be necessary to deliver the potential. Further, speedy utilization of the Rs 10,000 Cr fund for MSME and the Rs 200 Cr fund for technology upgradation announced in the recent Union budget can provide an excellent immediate impetus to the development of MSMEs. There are very high expectations for spate of new wave opportunity reforms and improvements in ease of doing business in India. A possible new wave framework that can provide the appropriate change and impetus can comprise of the following important foundations for India's new wave MSME. Courtesy : SME WORLD
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Sector Watch : MSME
SMEs: A Catalyst to Transform Youth By 2020, the median individual age in India will be 29 years, very likely a city-dweller, making it the youngest country in the world. India is set to experience a dynamic transformation as the population burden of the past turns into a demographic dividend, but the benefits will be tempered with social and spatial inequalities. With the West, Japan and even China aging, this demographic potential offers India and its growing economy an unprecedented edge that economists believe could add a significant 2 per cent to the GDP growth rate.' A closer analysis of the urban youth suggests that greater political participation, engagement at policy level and urgent attention to improving their quality of life can ensure that India enjoys the benefits of this dividend. These are some interesting facts emerging from the findings of the 'State of the Urban Youth, India 2012: Employment, Livelihoods, Skills.' a report published by IRIS Knowledge Foundation in collaboration with UN-HABITAT. But the report suggests urban spaces have not necessarily aided the quality of life enjoyed by Indian youth. A telling sign: one-fifth of the Indian urban population lives on less than a dollar a day. Additionally, the report finds that while income levels in cities may appear to be higher, the cost of living is also constantly increasing, resulting in shrinking savings, inadequate access to health care and lack of quality education. The report's findings indicate that the problem is not urbanisation per se but the inequalities that it seems to accentuate. While India is undergoing a demographic transition, regional disparities in education mean the benefits will not be evenly spread across the country. The report says the southern and western States will be the first to experience a growth dividend as they accounted for 63 per cent of all formally trained people. The largest share of youth with formal skills was found in Kerala, followed by Maharashtra, Tamil Nadu, Himachal Pradesh and Gujarat. Among those undergoing training. Maharashtra had the highest share. Bihar the lowest. The unemployment rate per 1,000 population is at 27, while it was 25 two years ago. As on January 1,2010, the number of unemployed was 9.8 million. By January 1,2012, it has increased to 10.8 million. In rural areas, the unemployment rate for both male and female is almost at the same level, 2%. The unequal access to opportunity and the lack of emphasis on education remains a persistent problem. The report finds that a person in an urban area has a 93 per cent greater chance of acquiring training than someone in a rural area. Unemployment in India According to the findings of the 68th Round Survey by the National Sample Survey Office (NSSO), recent years have seen increase in unemployment rate in India, which is 2% in rural areas and 3% in urban India. The unemployment rate per 1,000 population is at 27, while it was 25 two years ago. As on January 1, 2010, the number of unemployed was 9.8 million. By January 1, 2012, it has increased to 10.8 million. In rural areas, the unemployment rate for both male and female is almost at the same level, 2%. But, in, urban areas, women are more unemployed than men. The rate is 5% for women and 2% for men. India has witnessed a work force (activity status determined on the basis A national multi-skill programme "Skill India" to be launched to skill the youth with an emphasis on Gujarat Chamber of Commerce & Industry
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employabiiity and entrepreneur skills. It will also provide training and support for traditional professions like welders, carpenters, cobblers, masons, blacksmiths, weavers etc. of reference period of one year) growth of 13.9 million in just two years, between 2010 and 2012. As on January 2010, the workforce at the all-India level, was about 459 million (rural men - 231.9, rural women - 104.5; urban men - 99.8 million and urban women -22.8 million). As on January 2012 (present survey), it has increased to 472.9 million (rural men - 234.6, rural women - 101.8 million: urban men — 109.2 million and urban women 27.3 million). The current workforce at the all-India level is 47.2 crore. More than half the population (52°o) is selfemployed, while 18% work as regular wage/salaried employees and 30% as casual laborers. More people are self-employed (56%) and work as casual laborers (35%) in rural India. In Urban India, it is the waged/salaried (43%) who constitute a majority. They are followed by the self-employed (42%) and casual laborers (15%). Nearly half the population (49%) is engaged in agriculture, while 24% are working in secondary sector and 27% in tertian. sector. In the wake of increasing population, the problem of unemployment is likely to worsen, if ample jobs are not created to accommodate the young working population. This calls for a well-concerted national policy to tackle the problem of youth unemployment. Measures should be undertaken to make jobs more accessible by first of all getting nd of local barriers. Secondly, many of youth may need re-training or simply the possibility of gaining work experience away from home. Priority should be accorded to setting up cross-town/district vocational training and educational programmes through the State-level policies Initiatives by government A broad reflection shows that the Government has decided to work on The current workforce at the allIndia level is 47.2 crore. More than half the population (52%) is self-employed, while 18% work as regular wage/salaried employees and 30% as casual laborers. More people are self-employed (56%) and work as casual laborers (35%) in rural India. In Urban India, it is the waged/salaried (43%) who constitute a majority. triggering the economy with a lot of thought towards creating long-term, sustainable means which can keep the growth curve moving up in the years that follow. The National Skill Mission to develop allied skills of the youth, along with transforming employment exchanges into career counseling centres, reflect the synergy in the thought that has gone into evaluating the employment problem. Considering the fact that the nation is aiming for 7-8 per cent growth in the coming years, creating job opportunities for a skill-centric nation to ensure growth possibilities and enhancing consumption power is going to be of pivotal importance. Keeping the problem of unemployment in mind in the recent budget several schemes and a specialized amount was allocated for youth like• Fund of Funds with a corpus of 10,000 crore for providing equity through venture capital funds, quasi equity, soft loans and other risk capital specially to encourage new startups by youth to be set up. • A national multi-skill programme "Skill India" to be launched to skill the youth with an emphasis on employabiiity and entrepreneur skills. It will also provide training and support for traditional professions like welders, carpenters, cobblers, masons, blacksmiths, weavers etc. Convergence of various schemes to attain this objective is also proposed. Comparing the size of the Indian economy, the performance of the Apprenticeship Training Scheme is not satisfactory and a large number of training facilities in the industry are unutilized "Apprenticeship Act" to be suitably amended to make it more responsive to industry and youth. Ajeevika, the National Rural Livelihood Mission (NRLM), aims to eliminate rural poverty through sustainable livelihood options. Under this mission, Women SHGs are provided bank loans at 4% on 46
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prompt repayment in 150 districts and at 7% in all other districts. To extend the provision of bank loan for women SHGs at 4% in another 100 districts and an initial sum of 100 crore to set up a "Start Up Village Entrepreneurship Programme" for encouraging rural youth to take up local entrepreneurship programme. Job Opportunities in SMEs Small and medium enterprises (SMEs) have come to occupy prominent role in the economic growth in many developing countries. The SMEs contribute to growth, innovation and jobs and are major drivers of Innovation and employment. The SME sector in India is rightly referred to as the backbone of national economy, which contributes nearly half of the industrial output, 40% of India's exports, employing 60 million people, create 1.3 million jobs every year and produce more than 8000 quality products for the Indian and international markets. With approximately 30 million SMEs in India, SMEs play a critical role in generating millions of jobs, especially at the low-skill level. The SME sector should be accorded priority in our national planning. Lack of communication to entrepreneurs about financing requirements, and education and skills shortages can serve as a potential constraint to having more business-driven employment in the country. The increasing unemployment rate is a pointer to the fact that the education system has failed many people. There are many business people who started with nothing but have built very successful companies. Information and communication technology is a viable gainful field for the youth as well as SMEs. Web design and development can give young people formal digital skills and direct experience in the workplace, while helping SMEs get online in the process. The low digital capability of many SMEs is a huge limitation on their growth and productivity. Many SMEs are without a website; many young people can design a website, but lack the training and experience in the workplace to be able to use these skills to get a job. Civil society can help to build a link between the two. Youth Innovation Undoubtedly, SMEs in India continue to post their growth stories, there is huge potential amongst Indian SMEs that still remains untapped. Once this untapped potential becomes the source for growth of these units, there would be no stopping to India posting a GDP higher than that of US and China and becoming the world's economic powerhouse. For this the growing youth potential in the country needs to be harnessed by the SMEs. There is need for promoting awareness among young people of the opportunities and challenges of entrepreneurship and self-employment, and the role of young people in shaping their future and that of their country's economic and social development. Some experts have provided recommendations for the government,community and businesses in order to take the youth innovation forward. Some of these recommendations to the government include: • National and local governments should work together to make business registration as efficient as possible • Governments and education authorities should include self-employment as a viable alternative within careers advice • Governments should use existing structures such as chambers of commerce to support the development of youth entrepreneurship • Governments should encourage schools and colleges to run business competitions that promote start-up opportunities • Governments should prioritize investment in youth entrepreneurship initiative to tackle youth unemployment. - Dr Arvind Kumar is President, India Water Foundation Courtesy : SME WORLD Gujarat Chamber of Commerce & Industry
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Felicitation of Hon'ble Governor of Gujarat
Felicitation of GCCI's Past Presidents...
Sector Watch : Health Care
"Healthcare Spending in India is Among World's Lowest" Says Dr. Azad Moopen, Chairman DM Healthcare Group From a cluster of small clinics to a conglomerate of the largest chain of hospitals medical centers and pharmacies functional across the region and the subcontinent is dynamic journey of DM Healthcare Group. Founded in 1987 by the Illustrious Dr. Azad Moopen who had a clear vision to bring healthcare at the doorsteps of the needy, the Group today boasts of spreading its wings across continents. He dexterously combined his professional acumen with his values and business traits with propriety and drew up an agenda of service to the Society. ''In any business, profit is always the bye-product. What matters is your credibility and contribution in improving and touching lives," believes Dr. Moopen. 1
DM Healthcare is known for its charitable and 'not for profit initiatives under its Corporate Social Responsibility (CSR) program, routed through the umbrella of Dr. Moopen's Foundation, which has involved in various health awareness campaigns in the Gulf Countries, India and the Philippines. The main focus of DM Foundation is philanthropy, having the commitments to support the society through its medical camp, health and safety awareness programs through the Group's operating arms ACCESS, ASTER, MEDCARE and MIMS, Dr. Moopen's Foundation extends its helping hand to various other areas with the "Healing Touch" program. The Group has recently celebrated its silver jubilee with the launch of its 'Care Beyond Boundaries' initiative. Dr. Azad Moopen also was a founder of the leading tertiary care, 600bed super-specialty hospital the Malabar Institute of Medical Sciences (MIMS) in Kozhikode and 150-bed satellite hospital in Kottakkal, Kerala. Dr Moopen is currently developing ASTER MedCity, a world class hi-tech quaternary care hospital in Kochi, built across 1 km long waterfront on 40 acres of land. He is also setting up India's first 'green concept' medical campus - DM Wyanad Institute of Medical Sciences -a multi-specialty and emergency;. care teaching hospital in the serene backdrop of Wayanad, Kerala. For the work he has already done to bring health care to the poorest of Indians, Dr. Moopen was awarded the Pravasi Bharatiya Samman Award, the highest honor for Indians living abroad, in 2010. In recognition social services, the Government of India conferred the country's third highest civilian honor, Padma Shri on the NRI doctor-turned-entrepreneor and philanthropist in the year 2011, and the Arab Health Conference honored him in the year 2010 for his outstanding contributions as an individual to the healthcare industry in the Middle East. 52
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Dr. Moopen has recently been ranked as the sixth most powerful Indian leader in the UAE in the inaugural edition of Top 100 Indian Leaders in the UAE' by Forbes Middle East. Dhanam business magazine honored Dr. Moopen as the Outstanding NRI Entrepreneur of the Year 2011, in recognition of his exceptional contributions to the business and healthcare sectors in the Middle East and India. Dr. Azad Moopen is also on the board for NORKA to voice the challenges and concerns of nonresident Keralites, who contribute a large proportion of their earnings in the Dr. Azad with Hon President of India - receiving the NABH Accreditation Award for MIMS form of foreign remittances to the State economy. DM Healthcare The Dubai-headquartered DM Healthcare is today one of the Gulfs largest of its kind healthcare services provider in the private sector, having operations in 5 GCC countries and India, offering a diverse and comprehensive set of healthcare offerings. Consolidated under the brands ACCESS, ASTER, MEDCARE, WIMS, ASTER MedCity and MIMS, the Group covers an array of healthcare verticals including hospitals, clinics, diagnostics and pharmacies. DM Healthcare has been recognized as among the Emerging Champion Companies of the World by the World Economic Forum. DM Healthcare touches the lives of over 7 million patients a year, providing care to more than 20,000 patients per day. The healthcare services provider is today one of the Gulfs largest of its kind in the private sector, with a network that consists of more than 150 establishments, providing primary, secondary and tertiary healthcare with management and consultancy services. The Group is currently present in 5 GCC countries and India, offering a diverse and comprehensive set of healthcare offerings. The Group has an annual turnover of over US$ 500 Million. DM Healthcare Group now employs more than 10,000 people in India and 5200 in GCC. The company will hire 10,000 new employees over the next five years to meet the resource requirements in accordance with its expansion plans and implementing new projects. DM Healthcare is currently in the midst of an exponential expansion. In the next 12 years, the Group aims to be a global player in healthcare. The strategy is, not just to be in the Middle East and India, but to spread its wings onto several other geographies. The number of units under the Group is set to grow to 300 by the year 2017, and looking at further investment opportunities in the Middle East, Asia and Africa. The Group has announced plans to go for an IPO in the next two years on the London Stock Exchange, a bourse in the UAE or one in Mumbai depending on the market conditions that are most favorable at the time. The Group is looking at India as a major opportunity as it goes forward in order to tap potential of the larger market. Much of the Group's investment into India has been concentrated in Dr. Moopen's home State of Kerala, but is moving to other areas now. The Group's expansion in India will be based on a 'Hub & Spoke' model in Tier II and III cities, to establish clusters, aiming to have about 4,000 beds at its health facilities by the year 2015. Artist Impression, Aerial View of ASTER City Phase Kochi Kerala
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DM Healthcare, which is the major stakeholder of the Malabar Institute of Medical Sciences (MIMS) in Kozhikode and Kottakkal, will drive expansion of the existing facilities and building new facilities as well. A combined investment of INR 300 Crore in MIMS over the next 3 years will see the development of a 150-bed capacity, 'Women & Children block' at MIMS Kozhikode, and an addition of 150 beds to MIMS Kottakkal, development of a 250bed new hospital in Kannur and a 200-bed hospital in Palakkad. The Group is currently developing Aster Medcity, a world class hi-tech healthcare destination at Cheranallur in Kochi, built across 1 km long waterfront on 40 acres of land that integrates nature with healing, and covering a 3.2 million Sqft built-up area in the first and second phase of its development. The setup is being created with the aim to attract patients from the world over. The 1st phase of the project at an outlay of INR 500 Crore is on track for commissioning by October this year, with a 550-bed General Hospital and Clinical Support Centers flanked by 9 Centers of Excellence (COEs) in various super-specialties. DM Healthcare is currently setting up the first 'green concept' medical campus in India, with its state-ofthe-art medical college, the DM Wayanad Institute of Medical Sciences (DM WIMS). The first medical campus in India designed on 'green concept is located in Wayanad, a place known as the stairway to nature's version of heaven on earth and listed among the 50 must see destinations in the world, in the North Eastern part of Kerala, India. DM WIMS is expected to set an international benchmark for medical education and merging learning and healing with nature in the campus, aimed at becoming one of the top 10 medical colleges in India within a span of 10 years. Apart from the delivery of healthcare, DM Healthcare extends all possible support to reach out the mass engaging in philanthropic activities and contributing towards the development I achieved success in the healthcare sector, focusing on combining personal and professional values with business acumen. This helps me think about the society at large rather than the myopic view of the business alone. It is important to balance your roles in the business, society and family. of the communities within which the Group operates. The Group's not-for-profit initiatives are routed through the umbrella of Dr. Moopen's Foundation, which involves in various health campaigns and philanthropic activities in line with the 'Healing Touch' program, under the banner of "Giving Back Initiative (GBI)" in the Gulf Countries, India and the Philippines. The undertakings of the Group are guided by the maxim of'Care Beyond Boundaries', in collaboration with local governmental bodies. DM Healthcare also operates healthcare facilities in Delhi, Kolhapur, and Pune in India, in addition to its GCC presence. In addition to health care, Dr. Moopen has taken an interest in education and established 3 international schools in Saudi Arabia another 3 international standard schools at Calicut, Kerala. He has also plans to start a chain of schools in other parts of Kerala, and in the UAE. DM Healthcare is known for its charitable and 'not for profit' initiatives under its Corporate Social Responsibility (CSR) program, routed through the umbrella of Dr. Moopen's Foundation, which has involved in various health awareness campaigns in the Gulf Countries, India and the Philippines. The main focus of DM Foundation is philanthropy, having the commitments to support the society through its medical camps, health and safety awareness programs through the Group's operating
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arms ACCESS, ASTER, MEDCARE and MIMS, Dr. Moopen's Foundation extends its helping hand to various others areas with the "Healing Touch" program. SME WORLD recently interacted with Dr. Azad Moopen, Chairman and Managing Director - DM Healthcare, on a variety of issues Unlike most of our neighboring countries, where government is still the major spending partner on healthcare, we have on the other hand more than 75% spending coming from the private sector. I would like to have your views on this trend and how it is going to impact on universal health coverage, as reflected in Article-12 of the International Convent on Economic. Social and Cultural Rights, to which India has acceded to. The healthcare spend of the Indian government is less than 2% of the country's GDP. Compared to other countries, the public spending on health as a proportion of the GDP in India is among the lowest in the world In many developing countries, the GDP proportion of public health spending stands at five to six per cent. If we take into account the per capita government investment on health, the differences between India and other emerging economies become stark. However, the private sector in India plays a major role in ensuring healthcare provision to the citizens. The health provision in the country would have gone worse, if the private sector had not been making this significant contribution to maintain the health provision in India. The lack of sufficient government healthcare prompts capable individuals to spend money, and those who are unaffordable simply ignore their health issues. More funds should be allocated in the budget to boost public spending in the healthcare sector to facilitate primary healthcare for the people in below the poverty line bracket. The plans for universal healthcare coverage should be given much emphasis in terms of implementing the mechanism for better safeguarding the citizens' health and improving their productivity for the nation building. The government-sponsored health insurance scheme will be a great respite for the lower income group to meet the expenses for preventive care and immunization. Promotion of the policy for public-private partnership (PPP) programmes in India is another major concern. The government should focus on affordability and accessibility of healthcare, creating a conducive, regulatory environment to allow move of FDI in the sector. This would enable India in gaining momentum in healthcare delivery as the sector is one the fastest growing service in the country. You have been rated as a successful clinician-entrepreneur combination. Please provide a few tips to the new generation entrepreneurs, to follow your footprints of success. I would also like you to provide guidance for safeguards against possible pitfalls. I achieved success in the healthcare sector, focusing on combining personal and professional values with business acumen. This helps me think about the society at large rather than the myopic view of the business alone. It is important to balance your roles in the business, society and family. To be a successful leader, you have to always be one step ahead of others -both in vision and action. God pushes you in a particular direction and then it is your responsibility to either take it or leave. When opportunity knocks at your door, you can either open the door or you can complain about noise pollution. The Goals of leaders in the healthcare sector must be to provide accessible and affordable care for everyone and cultivate the social fabric as a whole. A leadership driving growth through innovation is essential for the victorious stride of a business. But more than size, exploring new horizons and embracing new technologies are important. You must differentiate between the ownership and management very clearly and empower professional managers in the company. Proper succession planning is significant to maintain Gujarat Chamber of Commerce & Industry
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continuity. The plan has to be structured according to the prevailing rules and regulations. And above all, it is vital to cultivate the younger generation of leaders. I look at healthcare industry as the most complex, some way even more complex than aerospace, for the reason that it deals with patient safety (saving human lives) and we depend so much on manual skill of physician/surgeon and support staff and which is in short supply. Please educate us on, how should we, as nation meet this challenge. It's vital to have a safe and stable healthcare system to provide reliable and affordable care. As the quality is cornerstone of the healthcare industry, further measures and initiatives should be implemented by the government to constantly improve quality and efficiency in the sector creating a mechanism for measuring and improving performance. The healthcare industry is one of the most significant factors in determining a nation's progress and development, the government has to have strict To be a successful leader, you have to always be one step ahead of others - both in vision and action. God pushes you in a particular direction and then it is your responsibility to either take it or leave. When opportunity knocks at your door, you can either open the door or you can complain about noise pollution. The Goals of leaders in the healthcare sector must be to provide accessible and affordable care for everyone and cultivate the social fabric as a whole. A leadership driving growth through innovation is essential for the victorious stride of a business. But more than size, exploring new horizons and embracing new technologies are important. control over the medical practice with guidelines and standards to help protect against negligence and mismanagement. It's important the healthcare system functions for the protection of citizens, while providing proper platform for the practitioners. The healthcare sector in India has generally been rated below global standards in terms of infrastructure and manpower. There's a noticeable gap between the availability of beds and beds required in India. (Box Highligh) Though there is a huge demand for tertiary and specialty hospitals, it is more important to provide essential primary care to all citizens close to their homes first. The government should considerably scale up the physical infrastructure of healthcare system in terms of availability and quality standards. We produce more than 45,000 MBBS doctors every year. There are less than 20,000 PG seats, of which only 12000 are clinical. Students have been demanding that we should have equal number of UG/PG seats, as they say they have no future with mere MBBS degree. What are your views and how do we overcome shortage of specialist doctors. This is the one of most important issues to be addressed through focused measures to improve health education in the country. India's healthcare sector needs to further increase the availability and quality of human resources, in the wake of the latest statistics, which shows that the healthcare system is suffering from a deficiency of 600,000 doctors if we consider meeting the patient-doctor ratio as recommended by WHO. Also, there's shortage of nurses, paramedics and health delivery personnel in the country. Philanthropy and medicine are two sides of the same coin. Health care, if you approach it as a business, first of all you are not going to be feeling personally accomplished. Second, I don't think you can be successful. Profit has to be the by-product. It shouldn't be the objective. To address this issue, huge investments should be pooled, either in the public or private sector, in 56
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setting up more medical education facilities and equipment. More emphasis should be given to resolve the issue of shortage infrastructure and quality healthcare delivery as well as unavailability of trained medical professionals in the remote areas and backward regions of the rural India. Creation of sufficient human resources capacities at all levels only will help strengthen public health delivery. While it is required to have more PG seats, I think that we have to first meet the requirement of having basic MBBS doctors. Many people wonder how you kept balance in the beginning, between the two aspects, one being highly rated clinician and at the same time focusing on business. Which was your first love and why? The balance between profession and business in the healthcare field is very delicate. While running the healthcare business, you are not much involved directly in the role of serving the patients, but it is your responsibility to ensure the best patient safety measures are put in place. Philanthropy and medicine are two sides of the same coin. Health care, if you approach it as a business, first of all you are not going to be feeling personally accomplished. Second, I don't think you can be successful. Profit has to be the by-product. It shouldn't be the objective. I have been contributing in causes that have gone a long way in touching the lives of people. I have committed 20 per cent of my wealth and time for this cause in the coming years, involving in philanthropic activities under Dr. Moopen's Foundation and related Charities and in tandem with sister organizations like MIMS Charitable Trust and Social Advancement Foundation of India. There is increasing perception that private sector is commercializing the healthcare sector. I am also aware that no one really has worked out actual cost of delivering safe healthcare including in the public hospital. How should we deal this so that the community at large begins to realize that it needs to look at these expenses as it does on household. The healthcare costs have increased sharply over the last decade, with the skyrocketing cost of medicines, healthcare infrastructure, medical technology and equipment beyond the reach of the average people. Unnecessary expenses should be controlled and the services should be made accessible to the common population. It's the government's responsibility to ensure provision of life-saving treatments to all, while successful preventive programs by the government can reduce the need for medical services. Enough investments should be allocated by the governmer to support medical innovation within the country, and obviously public-private partnership programs can play a great role in reducing the healthcare cost. Healthcare industry by and large remains un-regulated. There could be more than 60,000 hospitals/nursing homes ranging from 10-bed to 3000 bed size. Only handfuls of these, 200-to be precise, have NABH accreditation. Majorir-of small hospitals, which are about 30,000 in number, will never be ab!: to take NABH and in the process, they do nothing to improve on patient safety. This is becoming major worry. People feel that we should have some lower level standards and big hospitals like yours, can guide the smaller hospitals in the vicinity through cluster or hub/spoke model. Do you think it will work and how do we go about. Quality healthcare, based on regulations on par with global standards, will facilitate protecting the public from health risks. Accreditation of professionals and healthcare facilities is mandatory in many countries to ensure the best patient safety levels and achieve the highest quality care standards. I can proudly say that Malabar Institute of Medical Sciences in Calicut, under DM Healthcare Group, was the first multi-specialty hospital in India to be accredited by NABH (National Accreditation Board for Hospitals & Healthcare Providers), the autonomous body set up by the Government of Indian to regulate the delivery of quality services in the healthcare industry. We have been catering to muchdesired needs of the patients in terms of deliver of quality in our services. Patients are the biggest beneficiaries of the accreditation, as it ensures the best standards in the quality of the services provided to them. In order to set benchmarks for progress of healthcare industry and focus on ensuring that healthcare organization provides quality care, the authorities should monitor that every heath facility, should comply with the minimum standards recommended by the Gujarat Chamber of Commerce & Industry
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Medical Council of India (MCI). As it's very difficult to obtain and sustain the NABH accreditation for small health facilities, at the same time they need to provide the best possible care to patients, a multi-tier system for the NB AH accreditation can be put into pace to accredit all hospitals and health facilities, categorizing them according to their sizes. There is drastic increase in non-communicable diseases over past two decades including the CANCER. Do you think the environment (lack of affluent treatmeac over use of pesticides etc.) is responsible? Will you suggest few measures which government and manufacturing sector should take to mitigate the impact? I have been contributing in causes that have gone a long way in touching the lives of people. I have committed 20 per cent of my wealth and time for this cause in the coming years, involving in philanthropic activities under Dr. Moopen's Foundation and related Chanties and in tandem with sister organizations like MIMS Charitable Trust and Social Advancement Foundation of India. The fast development of the modern world over the past two decades have created many transitions in social, economic and lifestyle of the Indian population, consequently leading to increased rates in chronic diseases such as diabetes, hypertension, CVDs and cancers. It's essential to adopt a comprehensive approach for improving population health and equity, given that the cause of many diseases, both communicable and non-communicable, and their risk factors and other underlying determinants, lie well beyond the reach and control of governments and authorities, requiring support from all sectors. It's clear that the only way to attain viable control is through concerted joint efforts by all sectors, both private and public, if we take into account the causes and risk factors of these non-communicable diseases, which are simply not within the scope of control of the health authorities or facilities. As a healthcare LEADER, will you provide few simple tips to the industrial work force to maintain good health at work place and minimize occupational health hazards. It's a universal truth that healthy workers are the best asset of any organization. Maintaining a healthy worker force should be the key strategy and goal, as their productivity can only contribute to the constant growth of the company. Regular preventive checkups after proper pre-placement checkups must be made mandatory. A systemized workplace, combined with a better employment policy and proper attention to workers' health and safety, can drastically reduce occupational health hazards. Parliament has adopted the new Companies Bill, which would make it mandatory for companies to spend 2% of their average net profit during three preceding years on Corporate Social Responsibility (CSR) activities. Will you suggest few areas in healthcare sector, where companies should invest under CSR activity? I really appreciate this move. We have been spending 5 per cent of the net profit from the MIMS hospitals in Calicut and Kottakkal, Kerala towards Corporate Social Responsibility. Individually, 20 per cent of my wealth is pledged for charity activities. DM Healthcare is known for its charitable and 'not for profit' initiatives under its Corporate Social Responsibility (CSR) program, routed through the umbrella of Dr. Moopen's Foundation, which has involved in various health awareness campaigns in the Gulf Countries, India and the Philippines. The main focus of DM Foundation is philanthropy, having the commitments to support the society through its medical camps, health and safety awareness programs through the Group's operating arms ACCESS, ASTER, MEDCARE and MIMS, Dr. Moopen's Foundation extends its helping hand to various others areas with the "Healing Touch" program.
- Dr. Azad Moopen, Chairman DM Healthcare Group Courtesy : SME WORLD 58
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Women…Equal Partners in Entrepreneurship & Prosperity Post Budget Analysis Meet : 17-07-2014
Business Women Wing Chairperson Mrs. Usha Birmi addressing the Participants
Mahila Suraksha Chintan Gosthi On 03-08-2014
GCCI Office Bearers, BWW Chairperson and Co-Chairperson with Hon'ble Minister for Women & Child Welfare Smt. Vasuben Trivedi, Hon'ble Mayor of Ahmedabad Smt. Minaxiben Patel and Smt. Leelaben Ankoliya, Chariperson, Gujarat State Commission for Women and other dignitaries
Sensui Rishiraj Jaiswal demonstrating Self techniques training to Participants
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Dr. Kanan Desai, Asst. Commissioner of Police with BWW Chairperson and Co-Chairperson and other Dignitaries 59
Women…Equal Partners in Entrepreneurship & Prosperity Seminar on Empowering Women Entrepreneurs : 13-08-2014
Hon'ble Minister Shri Saurabhbhai Patel addressing participants
Business Clinic - Open Forum : 20-08-2014
BWW Chairperson Mrs. Usha Birmi, Co-Chairperson Mrs. Grishma Trivedi and Imm. Past Chairperson Mrs. Veena Parikh with Mrs. Rekhaben Adhvaryu, Chairperson of Utkarsh Trust
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Women…Equal Partners in Entrepreneurship & Prosperity Interaction with Ms. Esha Gupta (Solo Bike Rider) : 07-10-2014
BWW Members with Ms. Esha Gupta, First Female Solo Bike Rider
Certificate Awarding for Training on Food Process : 16-10-2014
GCCI President Shri Rakesh Shah Welcoming Dr. K. N. Shelat, IAS (Retd.)
Women Entrepreneurs with their Certificates on Training for Food Process
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Women…Equal Partners in Entrepreneurship & Prosperity Diwali Get-together : 25-11-2014
Training on Promoting Products in Trade Show : 15-12-2014
Mrs. Veena Parikh, Imm. Past Chair Person, BWW Welcoming the Guest Lecturer
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CSR : Prosperity Through Inclusive Growth Role of Corporate India : Empowering Specially Abled by Mr. Pranav Desai : 14-11-2014
L to R : Mr. Bhushan Punani, ED, Blind People's Association, Mr. Pranav Desai, Director, VOSAP, Mrs. Paru Jaykrishna Past President, GCCI, Mr. Rohit Shah. Chairman, CSR Committee, GCCI, Ms. Anar Patel, Co-Chairperson, CSR Committee, GCCI
Visit to Alloha Hills : 08-11-2014
CSR Committee members visit to Bio-Toilets at Alloha Hills & Environmental sanitation Institute, Sughad
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Going up the Value Chain Through Micro…Small…Medium... Enterprises MSME Conclave : 12-07-2014
Mr. Madhav Lal, Secretary, Ministry of MSME, GOI addressing the participants
Seminar on Keys to Success for MSMEs : 11-10-2014
Mr. D. Chandra Sekhar, Director, MSME-DI, Ahmedabad is joined by GCCI Office Bearers, MSME Committee Chairman and other dignitaries during the unveiling of MSME Report 2013-14
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Work Method Study
Optimizing Processes, Identifying Hazards, Increasing Output Value of Work Method Study
WMS has maximum relevance in the manufacturing process though its benefits can be extended to the service industry too. Fixed processes, repetitive tasks like automobile, pharmaceuticals, banking to a certain extent, even airport luggage clearance area, ticket counters, number of billing counters in large retail outlets or serving coffee in a coffee shop are work methods which can be improved using detailed data of motion and time. The objective of WMS should be to eliminate, combine or simplify activities, Implement basic 5S arrangement for faster access, better lighting systems and ventilation which affects human output, Suggest alternate processes by simplifying them or automating processes to reduce human error.
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Sometime back I was watching a random episode of MASTERCHEF Junior on TV. By the end of the episode, I was amazed at how good many of the children were in the kitchen and the variety they could get on the plate within the stipulated time. I followed the show for the rest of the season and gathered some very basic yet interesting application of work method optimization from the children. They knew how to prioritize the steps and work towards convergence of multiple related and unrelated work elements while moving around the kitchen. The girl who had won the show said that she learnt by watching her grandmother work in the kitchen and gathered intelligent tips from her not only about food but the processes too. Though work method study is taught in management schools as part of operations management, many of us do not use its benefits to our advantage. There are studies on improving resource utilization, waste reduction and value creation but seldom do they touch upon the depths of work method study as a long term sustainable source for saving costs. Many decisions of capacity planning, technology selection and improvements can be done effectively by first conducting a thorough work Gujarat Chamber of Commerce & Industry
method study (WMS). In the current context where businesses operate with steadily rising costs of inputs, labor challenges, global competition with fast diminishing margins; small businesses must focus on WMS as a source of serious improvement. Basically WMS is nothing but calculating the time taken by an average worker to perform a particular task under a reasonably normal work environment and available resources. WMS has two aspects motion study and time measurement. Once I was taken around a small scale garment manufacturing company which is into outsourced job of stitching pair of men's and women's trousers for a well known Indian brand. The manager explained that the entire layout has been changed thrice to identify the most effective flow of material and process. He said that the number of machines has been installed after conducting a detailed walk through of the process and time required at each workstation. This was further analyzed with historical orders, projected future orders, overheads, operational cost and working hours of workmen. The production incharge further added that, "we also factored in the time difference required for men's and women's trousers as the designs and cut are different." WMS has maximum relevance in the manufacturing process though its benefits can be extended to the service industry too. Fixed processes, repetitive tasks like automobile, pharmaceuticals, banking to a certain extent, even airport luggage clearance area, ticket counters, number of billing counters in large retail outlets or serving coffee in a coffee shop are work methods which can be improved using detailed data of motion and time. Tata Trent, the owners of Star Bazaar are said to have conducted detailed study of the flow at the billing area before arriving at the number of counters at inception. The premise of WMS is increasing the productivity and output of machine and men. Cutting wasteful motion and processes help in the efficiency improvement. Often just slight change in existing technology gives proportionately higher returns. Another strategic benefit of WMS is identification of risks and hazards in the workplace and options to address them. OHSAS might not be mandatory for your business but while conducting WMS, you can prepare your business processes and systems for becoming compliant in the future. Thus, with smart application multiple goals can be achieved through this single exercise. Basically WMS is nothing but calculating the time taken by an average worker to perform a particular task under a reasonably normal work environment and available resources. WMS has two aspects motion study and time measurement.
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Conducting the Study WMS is fairly easy but requires patience and good understanding of the business, processes, product, technology and the costs. For analyzing any system, first study the motion and then the time for each work element and human movement or action. The ultimate objective is to produce the same item with less resources performing lesser amount of work. Step 1 - The person conducting the study should walk through the entire process without trying to intervene. The only question should be to ask why a certain activity is being done. One can also record the process using a video camera and record the time taken. Also record the activity, number of people involved at each stage, seating arrangement, layout of machinery, tools and tackles etc. Step 2 - Chart the entire process and motion using a process flow chart. What is the purpose of the activity? What is its cycle time? Mark the time spent for search, find, grasp, position, operation, wait, delay, check and move. There are statistical data available for average walking speed, stride length etc if you intend to go down to further details. Use multiple colors in the process flow chart to mark man, machine and material movement.
Step 3 - Document the process by dividing it into parts. Start recording the individual work element using a stopwatch. You can take multiple readings of different people to establish average time. This will help establish data on time wasted due to unnecessary motion or repetitive movements.
Step 4 - The objective of WMS should be to eliminate, combine or simplify activities. Implement basic 5S arrangement for faster access, better lighting systems and ventilation which affects human output. Suggest alternate processes by simplifying them or automating processes to reduce human error. Focus on the economics - savings of cost in the long run, availability and use of technology to implement the change, constraint of existing machines to bring about efficiency gains and the human aspect -reaction to the change and impact of normal working conditions. How WMS helps Micro and Small Businesses My production manager always says that I must understand three things while quoting rates of corrugated cartons to our clients - clients' carton design, our machine capability and the time taken to manufacture the carton based on number of processes and movements that should be done. Today I appreciate his wisdom more than ever. Though work method study is taught in management schools as part of operations management, many of us do not use its benefits to our advantage. • WMS helps us plan factory layout, installation of safety equipments, inventory levels, production scheduling and the daily production plan. All these affect quality of the product and timeliness of delivery. • One can decide whether to add machines or people as it will affect the cost of production, margins and selling price. Or may decide to simply increase the shifts. • Output of each machine and man will help decide the incentive plan for workers and staff. You can balance man - machine utilization. Measure the performance and negotiate targets with worker (or union). WMS can be a great tool to bargain for competitive wages. • Long term advantage of WMS is rejuvenating the business processes. We sometimes go for the latest technology to improve. Maybe all we needed is to improve the skill level of the staff. Or tweak a few steps. WMS gives lot of benefits to all sizes of businesses. There is ample scope for research on WMS for industries belonging to the small scale sector to plan capacities, machinery, workflow as well as labor to become competitive and more efficient without additional cost. - Dr. Ipshita Basu Guha, Associate Editor, Courtesy : SME WORLD 70
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Gujarat… Home to Leading Quality Development Centres
EQDC, Electronics and Quality Development Centre EQDC, set up by IMD, Govt. of Gujarat, are only Self Sustained National Level Laboratory in the country, well-known for testing, calibration, quality advisory services, TPI, Educational Training and Research & Development Activities. ISO 9001: 2008 Certified facilities, NABL Accreditated , BIS Recognised Laboratory & DSIR recognised R&D Centre. / Vision "To provide World Class Services in Calibration, Testing&Training in Quality Awareness". Mission To be a key facilitator in making Industries/IT Organizations and users to achieve their quality products by meeting compliance to National and international standards and compete globally by providing, Calibration, Testing and Quality Services".
Fields of EQDC Services
Scope of Expansion • Antenna Measurement Facility • Mobile/Embedded Testing • LED Product Testing Lab • High Precision Electronic Calibration Centre • Security (IT)- ISO 17799/EMS Certification
• Electro-Technical Calibration • Thermal Calibration • Mechanical Calibration - Dimension - Pressure - Mass - Sound • Fluid Flow Calibration • Medical Instrumentation Calibration • Electrical Testing • Equipments & Components Testing • Electronic Component Screening • PCB Testing Excellence Centre • Energy Meter Testing • EMI/EMC Testing • Pump-Set & Energy Efficient Electric Motor Testing • IP Testing • Product Safety Testing • Solar based Products Testing • Software & Hardware Testing • Environmental & Endurance Testing • Flow Meter & Valve Testing • Luminary (LED/CFL) Testing • Product Testing for Energy Efficient Star Marking • Medical Instrumentation / Product Testing • Development Assistance & Software Development • R & D/Innovation Services • Consultancy & Training Services • Quality Facilitation Centre • Third Party Inspection of Products, Services & Processes • Nodal Agency for Infrastructure Quality Monitoring • Technical Information Centre (Library)
Glimpse of EQDC's National & International Reach EQDC is providing its expertise services to more than 5 country ie.: China, Bangladesh, Srilanka, Iran, Nigeria & also providing its expertise services to more than 22 states of the country ie. : Goa, Assam, Delhi, Punjab, Haryana, Karnataka, Rajasthan, Daman (UT), Uttaranchal, Maharashtra, West Bengal, Himachal Pradesh, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Andhra Pradesh, Orissa, Tamilnadu, Kerala, Bihar, Uttarakhand, Tripura & Gujarat Courtesy : H. D. Shrimali Director EQDC & Additional Commissioner, Gujarat State
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Economy Watch: Crude Prices
CASHING IN ON
CRUDE SLIDE
Global crude oil prices are at a four-year low but India has raised excise duty. Experts say there's method to the madness: extra funds can cushion the impact when price rise. When fuel consumers across the country were in a celebratory mood with petrol and diesel prices coming down by Rs 10 and Rs 6, respectively, since Narendra Modi assumed office in May, the Union Finance Ministry decided to play spoilsport. On November 12, the Government raised excise duty by Rs 1.50 per litre on both petrol and diesel. On December 2, the duty on petrol was raised by Rs 2.25 per litre and on diesel by Re 1 a litre. All this, even as the price of the Indian basket of crude oil came down from $105 a barrel in April to $77/bar-rel in November. Thanks to an over-supply in global markets, a slump in demand, andOPEC countries' decision not to curb production, crude oil prices have fallen to a four-year low. However, those expecting further relief in the first fortnight of December were in for disappointment, even though oil marketing companies (OMCs) did not pass on the burden of excise duty increase to consumers. Critics see this decision to raise excise duty as an attempt by successive governments to utilise the petroleum ministry as a cash cow. Taxes on petroleum products contributed Rs 2.6 lakh crore in 2013-14 to the combined kitty of the Centre and states. As fuel prices drop across the globe, the Modi Government, instead of letting OMCs continue with price cuts and passing on the benefits to consumers, has seen this as an opportunity to generate more revenue from the oil sector. Fuel prices have a cascading effect on inflationary processes and the duty increase will artificially keep the gap between the global price fall and domestic fall wider. "The benefit of low fuel prices in the interna has not been passed on to the common man. Instead, the Government hiked excise duty to benefit industrialists, says CPI(M) leader Sitararn Yechury. Finance Minister Arun Jaitley, however, said, "There will be no impact on the retail price of petrol and diesel on account of the increase in excise duty on petrol and diesel. Sources in the Government claim the aim of this increase is to take advantage of falling international prices of crude oil and generate additional funds to partially neutralise the lower-than-anticipated tax collections in the current year. . In a written reply in the Rajya Sabha, Jaitley said that the twin excise duty increase within a span of three weeks would fetch the exchequer Rs 10 500 crore in the remainder ot the fiscal, ending March 31, 2015. This amount willhelp the Government limit fiscal deficit to 4.1 per cent of GDP in the ongoing fiscal.
Price of Indian basket of crude oil has declined nearly 27 per cent since April but petrol prices have been slashed only 14 per cent, and diesel prices nearly 9 per cent. 72
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From the twin increases in excise duty, the Government claims it will raise up to Rs 10,500 crore this fiscal which will help limit fiscal deficit to 4.1 per cent of GDP. "The tax component in prices of petrol in India is more or less at par with global trends, while it is lower for diesel," says Kirit S. Parikh, former head of the expert group to advice on pricing methodology for diesel, domestic LPG and PDS kerosene. The Centre's excise duty collection from the petroleum sector rose from Rs 68,000 crore in 2011-12 to Rs 77,000 crore in 2013-14, which was more than one third of its total excise duty collections of Rs 1.79 lakh crore in 2013-14. The Centre has earned Rs 16,000 crore from excise duty in the petroleum sector in the first quarter of the current financial year. Petroleum Minister Dharmendra Pradhan says the additional fund accrued from the duty increase will be utilised to support social welfare schemes and bridge the fiscal deficit. "We inherited empty coffers and a revenue deficit of Rs 70,000 crore," he says. According to industry observers, the excise increase may come in handy in the event of a sharp spike in global oil prices. In such a situation, the Government may offset the rise in fuel prices by cutting down duties and thus cushion consumers from a price shock. Also, if fuel prices are allowed to go down too much, it may be politically volatile for a government to remain indifferent when the prices shoot up suddenly. "The falling global crude oil prices have helped the Government reduce petrol price seven times since August and diesel price thrice since October," says Shantanu Saikia, founder of www.indianpetro.com. "But it is important to see what the Government will do when this trend sees a reversal. The excess taxation may save the day then." In India, oil tax revenues account for a fifth of the central and state governments' indirect tax collections. The recent excise duty increase, however, makes no significant addition to the existing tax revenue (see box). Energy experts and economists support this excise increase to bridge the fiscal deficit. "Let's not forget that when oil prices went up, the Centre cut excise duty by Rs 5 and removed customs duty. The Government must insulate ordinary customers from the volatility of the oil market," says Narendra Taneja, energy expert and founder of World Oil & Gas Assembly.
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Taneja also cautions against passing on all the benefits of the price slide to customers, as this will pose a serious threat to energy conservation. Supporting the excise increase, economist Laveesh Bhandari says fiscal deficit is a bigger problem than petrol and diesel prices, though he adds that it's "stupidity" on the Government's part to raise duty on one hand and then expect OMCs not to pass on the burden to consumers. "You can do either, but trying to do both is incredible stupidity. It will destroy the fiscal management of oil companies," says Bhandari. Dharmendra Pradhan says, "We are not interfering at all in the pricing of fuel. They are determining their price according to their financial position. Look at ESSAR, a private company. Why has it not raised prices?" According to OMC executives, the excise duty will hit the oil companies hard, as all three stateowned refiners—IOC, Bharat Petroleum and Hindustan Petroleum—saw sequential drops in their gross refining margins in the September quarter, as falling crude oil prices led to inventory losses. The IOC reported a net loss of Rs 898 crore in the July-September quarter against a net profit of Rs 1,683 crore in the same period last year. This resulted in an inventory loss of Rs 4,272 crore. "Financial fundamentals of these companies were heavily compromised in the pre-deregulation era. Now these companies must be allowed to utilise the extra funds they earn to improve their infrastructure," Taneja says. With petrol and diesel prices now deregulated, Pradhan says OMCs are free to raise or reduce oil prices depending on market forces without Government intervention. Saikia says deregulation may bring the biggest challenge to Government-owned oil companies when private players such as Reliance and global giants Total, Shell and British Petroleum enter the market. "Competition and lower prices will force these OMCs to rethink their strategy," he says. The petroleum minister says, "We import 80 per cent of our fuel. So we cannot cut expenses on our import bill. But we are trying to adopt smart business practices and do hard bargaining with oil supplying countries." According to Taneja, the ideal way forward is to pass on the benefits of cheaper oil to consumers by one-third, keep one-third for the petroleum product stabilisation fund, and the rest should be kept aside for oil companies to use for modernising refineries and the supply chain, including retail items. Another immediate reform that he suggests is the introduction of Goods and Services Tax (GST) on petroleum products. "It is ridiculous to keep the sector that contributes over 40 per cent of excise duty tax out of GST," says Taneja. Amit Bhandari, Fellow, Energy & Environment Studies, Gateway House, says India must now build its strategic petroleum reserve by locking in additional barrels at these lower prices for delivery over the next few years. The Finance Ministry and the RBI has been working out a strategy to hedge crude oil imports to take advantage of the steep fall in global prices, which can significantly reduce the country's oil bill from last year's level of $155 billion. Pradhan, however, is noncommittal on the issue. He may be walking away with all the laurels for sliding fuel prices, but his big moment will come when volatile fuel prices start moving northwards. Courtesy : By Kaushik Deka , India Today Gujarat Chamber of Commerce & Industry
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Harnessing Global Gujarati Strength Mr. Sanjiv Joshipura, a leading NRG from USA, visited NRG Centre : 31-07-2014
Mr. Sanjeev Joshipura at GCCI NRG Centre with NRG Centre Chairman Mr. K. H. Patel and GCCI Secretary General Mr. Dharmendra Joshi
Meeting with Ambassador of Madagascar Mr. Thapiyal : 11-09-14
NRG Committee members with Mr. Thapiyal
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The Rise of Social Media Marketing
There has always been a major problem with almost all Indian businesses- an inherent lack of marketing. A typical Indian businessman thinks that marketing is a fad used only by the top corporate houses and huge MNCs because they have huge stockpiles of cash, which needs to be utilized.
Online marketing is a trend that is fast catching on to businesses. And the best part about it, you don't need to be earning big bucks to advertise on it.
Are we living in the same generation today, where a business relied on just word of mouth and the most basic and primary modes of advertising to promote it? Obviously not! And we have modern technology to thank for that. So, by now you are probably wondering when the hell I am going to skip to the part that's useful. But, don't blame me, I like to go for flashy introductions. The neatest advances in marketing have been made in the past decade or so. And the major reason for that is, the emergence of a catalyst. The catalyst being technology. Thanks to the modern forms of communication, opportunity has been handed over to marketers on a silver plate. So, now marketing instead of being limited to the traditional 'markets' has now blown up and invaded every facet of our lives. Today, it's really hard to find a place where you won't find a single trace of advertising. And in my opinion, its freaking awesome. But, my concern remains, as reflected in my opening lines, that this wonderful tool is still limited to big corporations and media houses and MNCs. And till a while back, it was understandable, as the costs of marketing was high. But, that's history now. Modern marketers have been gifted with a tool, which requires almost no money at all. And that tool is SOCIAL MEDIA. According to a recent survey, 73% of the teens in India are active users of Social Media. Look at the 80
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size of that target market! Truly amazing. And this is not limited to urban metres only. This includes all cities and towns. The youth of this country is stuck on social media. An average user spends almost 20 minutes on social media sites daily. Online marketing is a trend that is fast catching on to businesses. And the best part about it, you don't need to be earning big bucks to advertise on it. Small businesses and SMEs can latch on to it in a big way. Social media provides a humongous market, just waiting to be tapped into. Anyone with a business, a product, a firm, a service, or even an idea can now easily reach to the millions of users on these sites. Social Media marketing has come as boon to SMEs. They don't need to hire flashy marketing managers to reach out to the target market anymore. Social Media marketing can be done by anyone, especially someone who works more closely with the company and understands all the necessary dynamics and the key points that need to be promoted. So, it's fast, cost efficient and carries the potential of mass outreach. But, the one effort that it does require is persistence. In order to get traction, you need to have patience and above all, perseverance. THE FIRST STEP TOWARDS A SUCCESSFUL SOCIAL MEDIA CAMPAIGN IS: Build an Audience Once you have set up your page and profile, start promoting your page. Ask friends and family to help out. Reach out to as many people as you can. Tap into that monstrosity of a friend list that you have been flaunting all the time. Patience is key. Rome wasn't built in a day. Or if you prefer desi metaphors, it took more than 22 years to build Taj Mahal. If your content is good enough, people are sure to pay attention to your page. Launch innovative campaigns and offers People love schemes and offers, especially Indians. We crave all the free stuff. So, use this to your advantage. Launch some form of blitz campaign to keep your followers to stay. Tell them about the new products or services you have launched or are about to launch. Social media marketing works, only if you consider you as audience and your business as a community. Indians tend to have huge egos, so try not to touch that nerve ever. AND THE MOST IMPORTANT STEP OF THEM ALL Strictly avoid any breaks The biggest mistake that anyone using social media marketing can make is; taking a break. Social Media will never forgive you for that. The relationships made on Social Media are strong, yet, highly volatile. If you disturb the balance of things, it will cost you heavily. It is very important to keep the steam running. Once a page starts losing steam, it is very hard to turn things around. The Social Media scene is here to stay. The West has a lead on us and is heavily using it to market anything and everything. If anything is worth selling, it can be marketed on social media. It eventually pays back the little costs it does involve, all by itself. It is a service that actually pays for itself. What else do you need?
According to a recent survey, 73% of the teens in India are active users of Social Media. Look at the size of that target market! Truly amazing. And this is not limited to urban metros only. This includes all cities and towns. The youth of this country is stuck on social media. An average user spends almost 20 minutes on social media sites daily. - Siddharth Sharma Courtesy : SME WORLD Gujarat Chamber of Commerce & Industry
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Youth : Next holders of the “Baton” Seminar on Taxation Issues & Companies Act 2013 : 13-09-2014
Renowned Advocate near Delhi, Mr. Salil Agrawal, Chartered Accountant Mr. Sanjeev Jain, Company Law Expert Mr. Krishna Kumar with GCCI President and GCCI President and Youth Wing members
Inauguration of Renovated D. M. Vidhyalaya : 07-10-2014
GCCI Office Bearers and Youth Wing Chairman with Mrs. Beena Handa and others
Talk Show on Leading Youngistan : 29-11-2014
Mr. Anurag Thakur with GCCI Office Bearers and Youth Wing Chairman Gujarat Chamber of Commerce & Industry
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Sector Watch : Chemicals
Future Scope of Chemical Engineering Chemical engineering is one of the four major engineering disciplines. As recognized professions, civil and mechanical engineering both predate it by over 100 years. Chemical engineering arose as a separate, distinct profession somewhat slowly, almost reluctantly, between the end of the 19th and the early 20th century. The origins of chemical engineering go back even further, to the industrial revolution of the 18th and 19th century in Europe and the United States, and the changes following the 1848 revolution in France and Germany. In the beginning of the 19th century the art and the science of chemistry flourished in Germany. A number of pioneering chemists revolutionized the way in which new chemicals were discovered, synthesized, and marketed. The most prominent of these was Justus von Liebig, who established a small chemistry laboratory at the University of Giessen, a tiny town 30 miles north of Frankfurt. Prof. von Liebig's greatest contribution was not the discovery of revolutionary new compounds; rather, it was his almost unique ability to educate students who would themselves become famous scientists. What made Von Liebig and his students different from other chemists of that age was their effort to apply their fundamental discoveries to the development of specific chemical processes and products. This scientific approach, striving for the rational and methodical rather than the empirical and observational, seems like a logical way to explore new areas of technology. However, "rational and methodical" are often synonymous with "slow and expensive," and the human tendency to proceed quickly once something is discovered is ofttimes irresistible. The scientific method espoused in the 1830's and '40's by the chemist von Liebig had a significant impact on the birth of chemical engineering 50 years later. And it was the intellectual descendants of these brilliant chemists who would populate the universities and research laboratories in the United States and throughout the western world. An event that also had a direct impact on the birth of chemical engineering was the political revolution of 1848 that began in France and swept across the Rhine into Germany. The revolution, which gave central Europe a taste of liberal reform, resulted in the immediate improvement of work conditions in the industrialized European countries. Industrial workers demanded shorter work weeks, higher pay, and safe(r) working conditions. These demands led to a need to revise acceptable industrial processes with an emphasis, albeit primitive, on safer and more efficient production methods. An important component of workplace safety, taken for granted today, is that workers will be safer if they actually understand what they're working on. Back in the mid-1800's, however, technical education, as opposed to scientific education, was not formalized. At best, students obtained some superficial knowledge of the relevant processes in chemistry courses. The operation of chemical processing equipment—distillation columns, filtration units, heat exchangers, boilers, etc.—was taught in technical schools, not universities. The students at these technical schools were taught how to operate the units, but they learned very little of the theory behind the working of the units.
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The chemical industry is a key industry. Its products and services are instrumental in meeting the needs of mankind. The chemical industry is one of the main reasons that people live so much longer today than they used to - chemists developed the drugs used in medicine and the fertilizers and pesticides that have allowed intensive farming to vastly reduce hunger in the developed world. It is present in all areas of life, from food and clothing, housing, communications, transport - right through to leisure activities. Chemical industry is one of the oldest industries in India. Chemical Industries plays a crucial role in meeting the daily needs of the common man, but also contributes significantly towards industrial and economic growth of the nation. The Indian chemical industry is an integral component of the Indian economy. Indian chemical industry currently accounts for more than 3% of the global chemicals industry but is expected to account for more than 6% by 2022. India has a robust base for chemicals and petrochemicals-driven businesses. Though the industry has undergone drastic changes, Indian chemicals and petrochemicals share has been continuously increasing on a constant basis. The chemical industry which includes Specialty Chemical, Agrochemicals, Fine Chemicals, Knowledge chemicals Paints, Coatings, Polymers, home care surfactants, plastic additives, textile chemicals, construction chemicals, water chemicals, personal care ingredients, flavors & fragrances, paper chemicals, printing inks, industrial & institutional cleaners, rubber chemicals etc. This segmentation does not highlight the colorants separately (dyes & pigments) as the colorants are mostly used in many of the listed categories of specialty chemicals like paints & coatings, Inks, plastic additives, Textile chemicals etc. is one of the most diversified of all industrial sectors. These are high value, low volume chemicals known for their end-use applications and/or have performance enhancing properties. There is immense potential for increasing consumption within the country as also for India to become a reliable supplier of such quality chemicals to the world. Compared to United States, Europe and even China, there is comparatively very low usage of such chemicals in India. Increasing judicious usage of such chemicals will not only help in the growth of this important segment of the chemical industry but also facilitate overall economic growth. Gujarat's chemicals and petrochemicals industry is one of the fastest growing sectors in the State's economy and is the leader in the production of chemical and allied products in India. Gujarat is the hub of chemical industry in India by contributing 51% of the chemicals production. Gujarat has been the leading state in terms of attracting investment for chemicals industry and today known as the 'Petro Capital' of India. It contributes significantly to the country's petrochemicals production (62%), chemicals production (51%) and pharmaceuticals chemical production (35%). Around 6,600 chemical and petrochemicals products are produced in the state. The chemical industry in Gujarat accounts for half of the annual investment in the state and contributes to more than 20 percent of India's chemical output. The Gujarat chemicals industry has a diversified manufacturing base that they produce worldclass products. There is a considerable presence of downstream industries in all segments. The state has a large number of industries which are using a large number of chemical products. Gujarat markets a ripe market for consuming specialty chemical products. A sustainable growth for specialty chemicals is most likely to depend on the scope of innovation. Various companies are now focusing on growth of demand and are leveraging innovation as the key to achieve it. More than 13% of India's total exports constitute Chemicals and Gujarat already has a strong presence in the export market in the subsegments of dyes, pharma and agro chemicals. Gujarat exports dyes to all over the world. Gujarat Chamber of Commerce & Industry
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The petrochemicals industry in India has great growth potential. The industry offers wide scope for development that contributes positively to economic growth and regional development. The purpose of Petroleum, Chemical & Petrochemical Investment Region is to encourage global scale investment in petroleum, chemical & petrochemical sectors in both upstream and downstream segments, to accelerate economic growth. The PCPIR may include one or more Special Economic Zones, Industrial Parks, Free Trade & Warehousing Zones, Export Oriented Units, or Growth Centres, duly notified under the relevant Central or state legislation or policy by contributing 70% share of the total exports. Gujarat is a mineral rich state both in terms of capacity reserves and production, as it has large natural reserves of oil and gas and produces the highest amount of crude oil as well as better infrastructure and availability of port facilities. Therefore, over the past two decades, Gujarat has become one of the most preferred locations for industrial investment in India for Chemical Industries. These all development will lead the need of chemical engineers in large numbers. Green chemistry is the design, development, and implementation of chemical products and processes to reduce or eliminate the use of substances hazardous to human health and the environment. Green chemistry focuses on the reduction, recycling, and/or elimination of the use of toxic and hazardous chemicals in production processes by finding creative, alternative routes for making the desired products that minimize the impact on the environment. The environmental consequences from the chemical Industries comes in various forms, such as: air pollution, water pollution, soil pollution, etc. threatening humans and ecosystems with serious health risks. Unless the industry, government and technical & research institutes address this proactively and collaboratively, the industry will not grow. The need for Research & Development (R&D) in these fields is of paramount importance.
Chemical engineers have to conduct the research on hazardous-waste in which they evaluate the significance of the hazard, offer analysis on treatment and containment, and develop the technology for zero discharge. The breadth of scientific and technical knowledge inherent in the profession has caused some to describe the chemical engineer as the "universal engineer." Chemical engineers provide economical answers to clean up yesterday's waste and prevent tomorrow's pollution. More typically, chemical engineers concern themselves with the chemical processes that turn raw materials into valuable products. Our future is dependent on the fruits of research in engineering and the physical sciences, such as chemistry, which play a critical role in developing economic growth and improving our quality of life. Many of the life-improving breakthroughs of the last century in areas such as health and medicine, food and agriculture, energy and the environment have been heavily dependent on advances in chemical knowledge. Research is essential, not only to ensure a continuing flow of scientific and technological breakthroughs, but also to ensure that innovative workforce is well placed to adopt and advance new ideas, to successfully exploit new technologies, and to develop new and better products and services. Chemical and chemical engineering research is vital to a broad range of various new technologies like process development however we can save energy, economy, time and environment.
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With great expansion of scientific knowledge, the application of science, particularly chemistry, to develop technology has increased tremendously. This has further augmented the profession of chemical engineering, making it highly aspired-for today. Gujarat has always been well known for its entrepreneurial talent who have spread their footprint nationally and across the globe. There are more than 40 engineering colleges teaching chemical engineering and more than 50 polytechnic institutes offering courses focused towards the chemicals sector. Overall, Gujarat offers a world class pool for talent in entrepreneurship, business administration and engineering, which could be easily tapped by the industry. Gujarat as the most favored destination and Global business hub of India along with sharing of knowledge and technology from across the world. Integrated development of large areas like SIR, PCPIR and DMIC – is poised to transform the industrial scenario in the state. Gujarat is the only state having Robust physical infrastructure in tune with modern times. Also Gujarat accounts for over 10% of the total R&D spending of India in 2010-11. The state has attracted maximum foreign technology transfer agreements from 1991 to 2011, giving further boost to research and development. The state has over 35 R&D and specialized institutions, focusing on applied research for major manufacturing sectors including pharmaceuticals & biotechnology, chemicals & petrochemicals etc. Over and above Gujarat is home to some of the best educational institutes in India. Gujarat houses production facilities and largest public sector units located in Gujarat like Gujarat State Fertilizers & Chemicals Ltd. (GSFC), Gujarat Alkalis & Chemicals Ltd. (GACL) and Gujarat Narmada Valley Fertilizers Company Ltd. (GNFC). Also Leading Indian and multinational private organizations located in Gujarat like Reliance, ONGC, Dow Chemicals,Cheminova, Lanxess, India Oil (IOCL), Indian Petrochemical Corporation Limited (IPCL),Nirma, Essar, BASF, Bayer, Rallis, Novartis, Cadila, Aarti Group and Deepak Nitrite. Between 1995 and 2005, world chemical production increased by almost 40 percent. However, over 95 percent of that growth was concentrated in developing countries. But From 1997 to 2007, global chemicals sales increased by 60 percent, but the portion of global EU sales declined and the Asian sales increased hugely. The multi national company, BASF estimates that global chemical demand will increase eight percent in the Asia-Pacific region but decrease six percent in Western Europe uptil 2020. Several factors can be cited to explain this shift in market leadership. For example, the cost of raw material feedstock is significantly higher in Europe than India, and this cost difference will almost certainly continue in the future. In addition, strong demand in Asian markets supports growth in production for domestic chemical companies in this region. Meanwhile, weakening consumer demand for end products in Europe has led to shift their base. As a result, most analysts and industry observers agree that the global chemical industry will continue in its steady shift to India. Therefore many successful companies like Cognis, Dow Corning, BASF, ISP, DSM, Merck etc. from west are shifting their production base to resource rich nation of India especially to Gujarat to reap the locational advantage of the country in terms of lower cost and better infrastructure advantage, availability of raw-materials as well as friendly government policies. With an enormous growth of Chemical Industries in Gujarat, owing to the industrial expansion and the related need of resources, chemical engineering is poised to be an immensely fulfilling career choice, not just mentally and intellectually, but monetary as well, the demand for professionals in the field being an indication of the prosperous times ahead.
- By Jaimin Vasa Chairman, MSME Committee, GCCI
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World Trade : Key Developments
Statement by Nirmala Sitharaman Regarding "India's Stand In The WTO" I am making this intervention in the House today in order to place before the Hon'ble Members the facts relating to recent developments in the World Trade Organization (WTO), which came to a successful conclusion yesterday, vindicating the principled stand taken by India. On 5 August 2014, I informed the Hon'ble Members that India had decided not to join the consensus in the WTO on the implementation of the Trade Facilitation Agreement till our concerns relating to the implementation of other Bali Ministerial Decisions, in particular, the Decision on Public Stockholding for Food Security Purposes, were addressed. There was much criticism of this stand in the subsequent months but India stood firm. Over the ensuing months, we concentrated our efforts on explaining the concerns underlying India's stand and working with other WTO members to find a way forward. These efforts have borne fruit. We were able to resolve our differences with the United States, and persuade them to support us in the WTO on our requirements. I am happy to report to this House that we have been able to secure an outcome that addresses our concerns. Yesterday, the General Council of the WTO adopted a Decision on Public Stockholding for Food Security Purposes, a Decision on the Trade Facilitation Agreement and a Decision on Post Bali Work. The General Council Decision on Public Stockholding for Food Security Purposes is a new, unambiguous Decision. It makes it clear that a mechanism, under which WTO Members will not challenge the public stockholding programmes of developing country members for food security purposes, in relation to certain obligations under the WTO Agreement on Agriculture, will remain in place in perpetuity until a permanent solution regarding this issue has been agreed and adopted. This-would do away with any ambiguity on this aspect as well as guard against the possibility of no cover being available after 2017 in case a permanent solution on public stockholding for food security purposes is not-arrived at by then. It, therefore, strengthens the safeguard available for continuing the Minimum Support Price policy which is a lifeline for millions of our low income, resource poor farmers. It is also critical for food security in India and in countries which have similar policies. The indefinite continuation of the waiver mechanism ensures the interest of the WTO membership in expeditiously working towards a permanent solution and protects us from the risk of having to accept an unsuitable solution under the threat of a 11. limited duration peace clause coming to an end. The Decision includes a commitment to find a permanent solution on public stockholding for food security purposes by 31 December 2015 on a best endeavour basis. This introduces a sense of urgency in the process and would encourage other developing countries also to join the effort in pushing for a permanent solution at the earliest. The Decision has a firm commitment to engage in negotiations for a permanent solution through an intensified programme of work. The provision for dedicated sessions in an accelerated time frame for taking forward the negotiations will ensure that the WTO accords priority this to issue and works on it in a focused manner. It would, moreover, avert the danger that countries like India would have to make concessions in some other area of the agriculture negotiations, in order to achieve a permanent solution. The General Council has also unequivocally agreed to delink the negotiations for a permanent solution
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on public stockholding for food security purposes from the agriculture negotiations on other issues under the Doha Development Agenda. This would ensure that the negotiations for a permanent solution would continue even if the negotiations on such earlier issues are delayed. As per the relevant provisions of the WTO Agreement [1], a General Council decision on these elements has the same legal status as a Ministerial decision. The General Council also adopted a Protocol to make the a Trade Facilitation Agreement a part of the WTO Agreement and opened the Protocol for acceptance. After this, the Trade Facilitation Agreement would automatically come into force if ratified by two-thirds of the members of the WTO. As per the Bali Ministerial Decision, the Trade Facilitation Protocol was to be open for acceptance by Members until 31 July 2015. WTO Members have now decided to leave this open-ended. This would enable them to complete their internal processes for acceptance of the Trade Facilitation Protocol. When I stood before this House on 5 August I expressed confidence that India would be able to persuade the WTO Membership to appreciate the sensitivities of India and other developing countries and see their way to taking this issue forward in a positive spirit. And we have accomplished this without any concessions, compromise or new conditions. This is what India has now done. We were able to achieve a breakthrough because we were negotiating from a position of unassailable strength in the interests of those vulnerable sections who have no voice. A just cause, clearly articulated and backed by the strong leadership of our Hon'ble Prime Minister, made for a compelling argument. This ensured that our concerns were heard, understood and addressed. This positive outcome reaffirms our faith in the multilateral trading system and proves that this is the forum that offers the best chance for developing countries to participate on equal terms in international trade. For that reason it is important to make our concerns known in time, ensure that development aspects remain in focus and to make all efforts to bring trade talks back on course when required. We were never alone or isolated, even though not many chose to - or were in a position to - speak up in support of India's stand. I know from my interactions with several of my counterparts over the last few months that our stand resonated widely because we were fighting for a just cause, India is grateful for their support. I would like to thank the WTO membership for their cooperation and efforts in enabling this successful outcome. We now look forward to working with all WTO members on the full implementation of the Doha Development Agenda including all elements of the Bali package, to obtain the real development dividend for the poor and vulnerable around the world. In conclusion I must, once again, express my sincere thanks to Hon'ble Members of Parliament, farmers organizations, civil society groups and academicians; I also thank all the political parties for the support extended to us. Their unstinting support of India's efforts to ensure a fair deal immeasurably strengthened our hands.
WTO Clinches First Global Trade Deaf in its History "In short: the WTO is back in business"
The World Trade Organization the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection. The agreement means the WTO will introduce new standards for customs checks and border procedures. Proponents say stream-lining the flow of trade will add as much as $1 trillion and 21 million jobs to the world economy.
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"We have put our negotiations, back on track," WTO Director General Roberto Azeve-do told a news conference held after trade diplomats applauded the end of their 19-year wait for a deal. However, he said WTO members needed to find . way to speed up negotiations in the future. "We cannot wait another 18 or IS years to deliver again," he said U.S. Trade Representative Michael Froman said the agreement could substantially reduce transaction times and costs and would unlock new opportunities for both rich and poor countries. He said it was a "particularly important win for small and medium-sized businesses in all countries". Still, the agreement is just a fraction of the original Doha Round of trade talks begun in 2001, which eventually proved impossible to agree on. The WTO cut back its ambitions and aimed for a much smaller deal. Even that was blocked by a four-month standoff caused by India, which had vetoed adoption of the reform package as the original deadline passed at midnight on July 31. India demanded more attention be given to its plans to stockpile subsidised food, in breach of the WTO's usual rules. A compromise on wording reached by the U.S. and Indian governments broke the deadlock. The reform package adopted on Thursday was agreed at a WTO meeting in Bali in December last year. Its passage is widely seen as opening up progress towards further global negotiations, the content of which is due be laid down by July 2015. That should reassure smaller nations in the 160-member WTO. Many had feared India's tough stance would prompt the United States and the European Union to turn their backs on the WTO and concentrate on smaller trading clubs instead, ending hopes of trade reforms benefiting all. European Trade Commissioner Cecilia Malmstrom said the agreement had confirmed the WTO's role at the centre of international trade policy. "In short: the WTO is back in business." [Renters]
WTO Finds Against Peru in Farm Duties Case A World Trade Organisation dispute panel ruled on Wednesday that Peru was violating global trade rules in imposing additional duties on key agricultural products when their international prices fell below a set floor. The case was brought to the WTO last April by Guatemala, which argued that its exports to Peru had suffered under the measure that is intended to protect Peruvian farmers from turbulence on global commodity markets. The commodities affected were rice, sugar, corn, milk and a range of milk products. * The three-member panel said in a report that it was recommending that Peru bring the duties it imposes under a measure known as a price range system, or PRS, into line with WTO agreements on farm trade. But the panel said it could not recommend to Peru, as Guatemala had asked, that the PRS system be dismantled, because the original complaint had been focused only on the duties and had not specifically challenged the PRS. The two countries' have 60 days to appeal the ruling before it becomes final. There was no immediate indication in Geneva whether they would do so. [Reuters]
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Courtesy : Eximp Times 100
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