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PASCHEEM -CII Western Region (WR) Monthly Newsletter

With Investments being the integral part of the economic development, this edition also highlights the investment scenario in the CII western region for the June quarter ending. Apart from the aforementioned articles it also carries the regular feature of Economy Snapshot and activities in the region.

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PASCHEEM -CII Western Region (WR) Monthly Newsletter

  1. 1. PASCHEEM CII WR Newsletter| August 2014
  2. 2. 1 Dear Members, Recently the newly elected government has announced the Union Budget 2014-15. In light of the budget announcements, in this edition we have invited a special article from Dr Ajit Ranade, Chief Economist, Aditya Birla Group to sum up the Union Budget 2014-15. With CII Food and Bev Tech, one of the biggest exhibition cum conference around the corner, this edition features an article from the Chairman of this initiative which highlights the importance of the food processing industry and its linkages with agriculture. The emergences of the concept called big data which is fast catching up and also changing the landscape of retail business in India and globally, is also been covered by the insights from Co-founder and CEO, eMart Solutions. With Investments being the integral part of the economic development, this edition also highlights the investment scenario in the CII western region for the June quarter ending. Apart from the aforementioned articles it also carries the regular feature of Economy Snapshot and activities in the region. It is always great to receive feedback from colleagues from the industry and I look forward to that. I hope you all enjoy reading PASCHEEM. CONTENTS Economy Snaphot Member Speak Union Budget 2014-2015 CII Western Region Office State Sector Investment Scenario Snippets Forthcoming Events CII in Press CHAIRMAN’S MESSAGE
  3. 3. 2 Economy Snapshot Macroeconomic Highlight • Index of Industrial Production: As per quick estimates, the Index of Industrial Production (IIP) for the month of May 2014 stood at 173.8, which is 4.7% higher as compared to the level in the month of May 2013. The output of Mining, Manufacturing and Electricity sectors for the month of May 2014 stood at 125.6, 181.6 and 183.2 respectively; with the corresponding growth rates of 2.7%, 4.8% and 6.3% as compared to May 2013. The cumulative growth in the three sectors during April-May 2014-15 over the corresponding period of 2013-14 has been 2.6%, 3.7% and 9.0% respectively. The cumulative IIP growth for the period April-May 2014-15 over the corresponding period of the previous year stood at 4.0%. The use-based classification of IIP indicates that for the month of May 2014 basic goods, capital goods, intermediate goods and consumer goods grew by 6.3%, 4.5%, 2.7% and 3.7%. • Wholesale Price Index: The annual rate of inflation, based on monthly WPI, stood at 5.43% (provisional) for the month of June, 2014 (over June,2013) as compared to 6.01% (provisional) for the previous month and 5.16% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.28% compared to a build up rate of 1.82 % in the corresponding period of the previous year. The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month of June, 2014 rose by 0.5% to 182.6 (provisional) from 181.7 (provisional) for the previous month. • Consumer Price Index: The all-India combined Consumer Price Index (CPI) for the month of June, 2014 on point to point basis (June 2014 over June 2013) is 7.31% as compared to 8.28% over the previous month of May 2014. The corresponding provisional inflation rates for rural and urban areas for June 2014 are 7.72% and 6.82%. Inflation rates (final) for rural and urban areas for May 2014 are 8.86% and 7.55% respectively. • Infrastructure: The combined index of eight core industries (weight in IIP: 37.90%) rose by 7.3% in June 2014 compared to a year ago. The y-o-y change in the production of its various components like coal, crude oil, petroleum refinery products, steel, cement and electricity show an increase of 8.1%, 0.1%, 1.2%, 4.2%, 13.6% and 15.7% respectively where as natural gas and fertilizers declined by 1.7% and 1.0% respectively. Cumulative growth rate in index stood at 4.6% during April-June 2014-15 compared to a year ago. • Foreign Trade: India’s exports increased by 10.22% to USD 26479.72 million in June 2014 compared to the same month a year ago. Imports grew by 8.33% to USD 38242.96 million during the month. During June oil imports increased by 10.90% and the non-oil imports increased by 7% as compared to last year. The trade deficit for April-June, 2014-15 was estimated at USD 33083.93 million which was lower than the deficit of USD 48326.21 million during April-June, 2013-14. • Monetary Aggregates: The broad money (M3) for 2014-15 (up to June 27, 2014) increased by 3.3% as compared to 4.2% during the corresponding period a year ago. Reserve money (M0) (up to June 27, 2014) declined by 0.7% as compared to an increase of 3.4% witnessed a year ago. The y-o-y growth in M3 and M0 during this period was 12.2% and 9.8%, respectively. Another important source of reserve money, namely, net foreign exchange assets (NFA) of the RBI, showed an increase of 3.8% y-o-y, as compared to an increase of 6.5% on the corresponding date of the last year. As on June 27, 2014, Bank Rate was 9.00% as compared to 8.25% on the corresponding date of last year.
  4. 4. 3 Member Speak FOOD PROCESSING A CATALYST FOR AGRICULTURAL GROWTH Piruz Khambatta, Chairman Food & Bev Tech 2014 and Food & Bev 2014, CMD Rasna Ltd The massive mandate which the recent Government received was on the expectation of good governance, massive growth in development with the vision to be super power in least possible time. It is a known fact that in a country like ours, which has primarily villages with huge population involved in agriculture directly or indirectly, the growth can come only with development of agri sector. For India’s GDP to achieve 8% our share of agriculture to GDP has to be double, than what it is today. This can be achieved only with focus on food processing as food processing and agriculture are two sides of same coin. Agriculture growth would not happen without growth of food processing and food processing growth would not happen without growth of agriculture growth. Food processing leads to inclusive growth and development of rural India, in the same way in which IT developed Urban India. Not only food processing can get farmers best value for their produce, it will help reduce wastage of perishable items which is probably highest in the world today as well as be a hedge against inflation. As it is a known fact that when tomato prices are high customers are saved by tomato puree, similarly packed juice, frozen peas, etc. If you want to partly resolve the problem of rampant inflation the solution is development of fruit and vegetable industry in huge way. In this regard the first step of government to have full fledged Union Minister for Food Processing unlike Minister of State in the past is a welcome step and this shows the importance this government gives to the sector. Here is a summary of 12 point agenda for the new government which if implemented would go a long way in helping overall growth of the country. 12 POINT AGENDA FOR THE GROWTH OF AGRI AND FOOD PROCESSING SECTOR: 1. Gujarat Model of Agricultural Growth : Gujarat model of agricultural growth is based on success stories like soil cards, krishi melas, linking science to farm, check dams, massive drip irrigation and many more such initiatives especially the cluster scheme to develop crop/produce linked cluster and channelizing all the activities of producing high yield products, processing, exports, infrastructure all in one place. 2. Potential for Exports: Though India has a huge domestic potential it is known fact world over that major agri economies like Brazil, Malaysia have built up on the domestic growth driven by the potential for exports. We should not in any way lose focus on this very important fact by short sight. Only robust participation by India for export of agri commodity can help to build domestic capacity to the world standard. Food processing ministry should have various schemes to promote Made in India brand abroad. 3. Industry Government Education Linkage: There needs to be link to ensure that good work done by government universities, private sector to develop higher yield products and R&D for food processing is actually used in agro & food processing sector. 4. Food Processing Taxation should be at par with Agri produce i.e. 0%: Taxation in the sector is key because still most of the processed foods are out of reach of common man and there is no reason to tax value added agri produce otherwise you are taxing value addition which is counterproductive. So the sector should be tax free both for direct and indirect taxes.
  5. 5. 4 9. Skill development to Focus on Women: We have ITIs across the nation we need vocational food processing institutes (VFPI) on the same lines with special focus to skill women, women constitutes huge employment in food processing, by skilling women this industry can give more opportunity to them. These institutes should come up on public private partnership model in a massive way across the country. 10. Cold Chain: Cold chain is key to the development of the sector . Maximum benefit should be given to cold chain by treating it at par with other infrastructure projects like airports, roads etc. with international finance available for these projects at competitive interest rate and this can be again on public private partnership model. To fast track cold chain the single window clearance is required as most of the projects are stuck in bottleneck. 11. Focus on Quality: To focus on quality up gradation as a mission with international benchmark Government should help small and medium industries to achieve quality norms by various focus schemes for up gradation of quality. Government should come up with more Quality Labs across the country with latest equipment to help industry especially export units in this regard. 12. AMPC Act, Essential Commodity Act, Other outdated Legislation: It is a known fact that above Acts come in the way of growth and so they should be abolished and if not completely at least food processing should be exempted. 5. Land Reform: Most of the land related policies of the government are counterproductive to larger acreages which are must to ensure higher yield/mechanization. The policy should be such that corporate though are not able to take over farmers’ land (which is not the intention too), at least participate with the farmers in ensuring next stage of green revolution as only corporate participation would provide the boost agriculture is waiting for. 6. Food Laws which foster competitiveness: FSSAI enactment was a step forward in the right direction most of the implementations in the past few years are counterproductive and not in line with expectation either by the industry or government or consumers this is articulated by whole industry. FSSAI has become road block in development of the sector. Almost all innovations have come to a standstill. This needs to be corrected urgently. 7. Fast Tracking of big ticket Projects: Certain big ticket infrastructure projects in the sector should be fast forwarded which are being stuck because of various government regulatory reasons etc. For big projects there should be single window mechanism. 8. Rejuvenating Mega Food Park Schemes: Mega Food Park is a good scheme and novel and it has got good outlay from the planning commission. The scheme needs to be studied in detail and modification suggested to make it much more effective and also ensure timely execution of mega food park.
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  7. 7. 6 Union Budget 2014-2015 Pragmatism, Continuity, Consistency Dr Ajit Ranade, Chief Economist, Aditya Birla Group The presentation of an annual budget to Parliament by the government of the day is a constitutional requirement. Not even a rupee can be spent, unless approved by the people’s representatives. Since this was an election year, the presentation was delayed to July. The new government, voted in with a historic and unprecedented mandate, had barely four weeks to work on a budget plan, before the constitutional deadline. But precisely because the government enjoys an absolute majority in Lok Sabha, the expectations were running sky high, ahead of the budget presentation by the Finance Minister. These expectations were manifest in the way the stock market has zoomed since the campaigning phase of the election. Prime Minister Narendra Modi’s own track record as a three time Chief Minister also was a big factor in the expectations. The major macroeconomic backdrop to this budget, were three things. Firstly, inflation was running high, persistently for almost five years. A major contributor to this is food inflation. By contrast in most developed countries there is danger of disinflation, and even in developing countries inflation is relatively less. So this seems to be an India specific phenomenon. Secondly, the growth in manufacturing sector had been zero for the past two years. Investment in new capacity had fallen steeply. Thirdly, the fiscal situation has been worrisome. The fiscal deficit was close to one third of all spending, and the danger of a debt trap is real. The combination of these three factors, is that high inflation and interest rates lead to lower investment and growth, leading to lower tax collection and higher deficits, and hence greater borrowing. We need to get back to the virtuous cycle of low interest rates and inflation, higher investment and savings leading to higher growth and tax revenues, leading to lower deficits and hence lower interest rates. This was indeed the case during 2003 to 2008, a period which included the previous NDA regime. Two additional macro factors weighed on the budget formation. The conflict in the Middle East and Ukraine had raised the uncertainty regarding oil prices, which directly affect India’s trade and fiscal deficit (through subsidies). Secondly the month of June proved to be the driest in the past 113 years, raising anxiety about monsoon failure. Prior to budget presentation, the FM surely couldn’t anticipate the August rainfall would compensate, at least in some parts of the country. So the possibility of a drought like situation would also need to be factored in. Considering all of the above, the budget that was presented on July 10, proved to be one characterized by pragmatism, continuity and consistency. It managed to provide important signals on each of the three big macro background factors. For example, by not raising taxes, it provided an anti-inflationary stance. The fiscal stimulus of 2009, when indirect taxes were drastically cut, has not been fully unwound. So technically the FM could have legitimately consider raising indirect taxes. The budget also made a provision for a price stabilization fund to tackle food inflation. It desisted from making any big bang announcement regarding tackling food inflation. For instance, shifting to income support to farmers rather than distorting prices, removing restrictive APMC clauses (or indeed dismantling it completely), large-scale private sector involvement in warehousing and storage, enabling direct linkage of farmers and buyers. These are all examples of potential big bang ideas. But these need consensus building, and takes time. On the second factor of low growth, there were plenty of measures to provide growth impulses. The huge outlays planned for infrastructure surely can have a positive impact
  8. 8. 7 on growth. Roads alone will get about Rs 52,000 crores. The government also plans to downplay the PPP mode, which has run into many problems and disputes. Apart from roads, the infrastructure allocations include ports, airports, smart city concept and high speed rail. For small enterprises there is a novel approach of setting up a dedicated venture fund to provide equity capital. SME’s contribute fifty percent of output, employment and exports. But they do not get anywhere close to fifty percent funding, neither from banks nor from capital markets. Hence the venture fund is a good starting point. The investment allowance for projects above a particular threshold will also boost investments. The postponement of the sunset of tax holiday in power sector is a good measure. There were several initiatives announced for skilling the workforce, an imperative in reviving manufacturing, and in taking its share to 25% of GDP. For the third macro factor of fiscal consolidation, the FM chose to go with an ambitious target set by his predecessor. The 4.1% target of fiscal deficit to be achieved without resorting to any new taxes is not going to be easy. The budget projects that both nominal GDP and total spending will rise by around 13%, but tax revenues will rise by almost 20%. This buoyancy will be tough to achieve. But the FM has an ambitious target for non-tax revenue. The target for disinvestment is Rs 62,000 crore, the highest item on capital receipts (apart from borrowings). The highest ever realized on this account has been Rs 38,000 crore in the past. But despite a high target, this is in the realm of achievable. That’s because of spectrum sale, and potential upside gains from the sale of government’s share in high capital value stocks, including public sector corporations and banks. So in the macroeconomic sense the budget delivered a sound, consistent and credible message. Tax experts will of course be upset at some provisions: like retrospective change in taxing FMP’s (partially rolled back), requirement of putting up 7.5% as advance against a notice for service tax, the non-expensing of CSR spending etc. These are matters best left to the tax experts to negotiate with the government. It must be mentioned that the budget had plenty of measures to address the problem of tax disputes, and creating a more taxpayer friendly regime. More than 4 trillion rupees are stuck in disputes, so this is a big problem, and is proof that we need simple tax reforms which create less disputes and disagreements. These are items on the medium term agenda of the government. Any post-budget analysis has an easy option of dwelling on “missed opportunities”! This author will refrain from using this option. In the coming days we need to remain focused and monitor the progress on implementation and execution. As a previous FM has said, ultimately the budget is not about outlays, but outcomes.
  9. 9. CII Western Region Office “It gives me an immense pleasure to share with CII members that the Western Region is expanding and renovating its headquarters based in Mumbai. The new office premise will be upgraded with better infrastructure facilities, conference room with tech facilities and multiple meeting rooms for better services. The work of phase 1 will be completed by August 2014 and the work of phase 2 is estimated to be completed by October 2014. I also urge CII Members and friends from industry to come forward and support this initiative for having a vibrant office for this vibrant region of CII”. R Mukundan Chairman, CII Western Region Building committee Thank You Sponsors STEELCAST LTD MAHINDRA & MAHINDRA LTD TATA SONS LTD TATA CONSULTANCY SERVICES LTD THE TATA POWER COMPANY LTD TATA MOTORS LTD TATA CHEMICALS LTD TATA INTERNATIONAL LTD Thank You Members for additional subscriptions APTECH LTD HOUSING DEVELOPMENT FINANCE CORP. LTD. ICICI LOMBARD GENERAL INSURANCE CO LTD TRAFIGURA INDIA PVT.LTD. CREDIT SUISSE SECURITIES (INDIA) PVT.LTD. ENDURANCE TECHNOLOGIES PVT. LTD. CLARIS LIFE SCIENCES LTD. GEI INDUSTRIAL SYSTEMS LTD. GLAXOSMITHKLINE PHARMACEUTICALS LTD. GRINDWELL NORTON LTD. CHEMTROLS INDUSTRIES LTD BLA COKE PVT. LTD. MAGSONS NETWORK PVT.LTD. BLUE SEA SHIPPING AGENCY PVT.LTD. K K NAG LTD. S B RESHELLERS PVT LTD THE BOSTON CONSULTING GROUP INDIA PVT.LTD. CONCAST (INDIA) LTD. UNIVERSAL TRUSTEES PVT LTD MACHINE HOUSE (INDIA) PVT.LTD. INKNOWIN CONSULTING SDS SHIPPING PVT LTD FIRST CREDIT & FINANCE CO PVT LTD DR L H HIRANANDANI HOSPITAL TRIDHAA TU REALTY & INFRA PVT LTD POMETON INDIA PVT LTD AZB & PARTNERS VISWAAT CHEMICALS LTD. UNI ABEX ALLOY PRODUCTS LTD. CALORX EDUCATION CO: PVT LTD C K SHAH VIJAPURWALA INSTITUTE OF MANAGEMENT SYMBIOSIS INSTITUTE OF OPERATIONS MANAGEMENT 8
  10. 10. 9 POWER INDUSTRIES WEIKFIELD FOODS PVT.LTD. BLUE DART EXPRESS LTD. WARTSILA INDIA LTD GARIMA GLOBAL PVT.LTD. OMR BAGLA AUTOMOTIVE SYSTEMS LTD GUJARAT POLY-AVX ELECTRONICS LTD ICS REALTY PVT LTD CUMMINS INDIA LTD CALDERYS INDIA REFRACTORIES LTD HRS PROCESSSYSTEMS LTD DEVEN REALTIES PVT LTD JM FINANCIAL INSTITUTIONAL SECURITIES PVT LTD DELOITTE HASKINS & SELLS BURCKHARDT COMPRESSION INDIA PVT LTD ROLTA INDIA LTD INSTITUTE FOR EXCELLENCE IN HIGHER EDUCATION TATA CHEMICALS LTD VOLTAMP TRANSFORMERS LTD JONES LANG LASELLE PROPERTY CONSULTANTS
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  12. 12. 11 State Sector Data Analytics: Vague Concept to Mainstream Business Strategy Aditya Bhamidipaty, CEO and Co-founder, eMart Solutions With large scale mobile and growing internet penetration, consumers today have more channels than ever before to interact with any brand. With every interaction at each of the touchpoints though, there is incremental data being generated, which a brand can use to understand the consumer behaviour a little better, or leverage to deliver a standardized, optimal experience to the consumer. But while that sounds fine in theory, how many brands are you aware who successfully manage to do this? Consumers today are using multiple touchpoints to communicate with a brand, and it becomes tough to capture and co relate the touchpoints collected at various interfaces. Moreover, making use of big data analytics require installation of various tools and technologies, which most organization either do not have the budgets to deploy, or the necessary expertise to analyse to get actionable intelligence. The term ‘big data’ has evolved from a vague concept into a mainstream business strategy. But with this evolution has come a tough realisation - A recent study conducted by EMC among Indian companies revealed that 91 per cent of Indian businesses were aware of the potential benefits of Big Data Analytics, but 26 per cent of companies had no current plans to utilise Big Data technology. Why big data analytics India’s leading telecom operator Bharti Airtel Ltd. receives around eight billion calls every day, gathering petabytes of data, while India’s third-largest cellular services provider with 130 million subscribers, Reliance Communications, handles over 20 million calls every month from its customers. The challenge is to analyse the data to identify new opportunities and store them securely. Data left by customers at various platforms is massive, which cannot be measured by standard or conventional analytics tools. This is giving rise to an interesting collaboration among diverse disciplines of computer science, communication networks, communication devices and behavioural science. The advent of data analytics as a mainstream business strategy is the outcome of these cross-domain efforts. By applying Data Analytics solutions, enterprises can now translate mountains of digital data into effective business insights in real time. They can avoid risks, cut costs, analyse patterns to follow trends and customers’ preferences and suggest better choices for the customers, thereby getting increased revenue for themselves. Companies get real insights by data analytics Retail sector is one of the early adopters of data analytics and is one of the best examples of companies that use big data. Retail Stores are analysing customer activity using loyalty cards. Store Managers then use this data to influence in-store decisions. For example, they might stock a low-selling cereal because the customers who tend to spend the most have a tendency to buy it. Without this knowledge, they may have lost out on potential revenue or, worse, lost customers. Understanding the customer and targeting them is one of the biggest and most publicized areas of data analytics use today. Data analytics is here used to better understand customers, their behaviours and preferences. Companies are keen to expand their data sets with social media data, browser logs as well as text analytics to get a more complete picture of their customers. Tapping the Right Data to have the best Analytic Results In this age, when analytics can be used to give valuable insights to the businesses, it becomes crucial to tap the right data in the right situation at the right time. Data
  13. 13. 12 Analytics isn’t about scrutinizing huge volumes of data, it is about monitoring the relevant data. When having a wealth of data is a good thing, leveraging the right time data analytics becomes important for making decisions about the opportunities or the vulnerable spots. Also, one of the most important aspects of big data analytics is the life attached to it. One surely wouldn’t be able to drive real time actionable intelligence from the data mentioning customers’ shopping habits two years ago. Data Analytics drives value only when the right data collected at right time is put into motion. There are handful of key factors that become necessary while working with analytics: framing the primary issue, identifying the right data, and then acquiring, organizing, storing, and cleansing the data. Further to which, pattern analysis of the collated data comes as a valuable resource. Analytics does not work in Silos When it comes to using the analytics to know the customer behaviour, it can’t be done without the coordination between the teams. There has to be a cross enterprise approach. With strong data collection and analytics tools being researched, data and analytics is no longer the sole responsibility of IT department. Sales, Marketing, HR, Finance, supply chain need to have the information in order to form a more holistic business strategy that delivers growth. Bigger investment in Data Analytics According to a study by technology researcher International Data Corp., the Big Data Analytics market in India has been expected to grow at nearly 38 per cent annually, reaching $153.1 million in 2014. With the marketers realising the need of sourcing out more information from the big data, there will be more number of enterprises deploying pilot projects for analytics. More companies will roll up their sleeves and give a try to bring in more tools and technologies to address their problems which otherwise seemed either very difficult or impossible. This would include specific projects to enable efficient marketing through analysis of most valuable channels. Projects will also give a clearer insight on the behavioural patterns of the stakeholders, thus making the enterprise aware about the ‘moments of truth’ and giving the enterprises a chance to react immediately. Vaibhav Pawar Confederation of Indian Industry 105, Kakad Chambers, 132, Dr Annie Beasant Road, Worli, Mumbai 400 018, India. Tel: +91 22 24931790. Extn: 433 • Fax: +91 24939463 / 24945831 Website: www.cii.in / ciiwr@cii.in
  14. 14. 13 Investment Scenario Western Region tops in new investments announced in India in June 2014 quarter Fresh investments in India fell by a sharp 29% to Rs.803.7 billion in the June 2014 quarter compared to the preceding quarter. This figure was lower by 21% compared to the same quarter a year ago and was the lowest in the last six quarters. Services Sector dominated the value of new projects announced with a share of 32%. The shares of other sectors were as follows: electricity (25%), manufacturing (22%), construction & real estate (13%) and mining (7%). Western Region (WR) led the regions with a share of 34% in the total value of new projects announced in India in the reporting quarter. The WR includes the states of Goa, Gujarat, Madhya Pradesh, Maharashtra, Dadra & Nagar Haveli and Daman & Diu. The Northern Region (NR) and Southern Region (SR) followed with a share of 27% and 20%, respectively. The NR region includes Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand. SR includes the states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana and Puducherry. The value of new projects announced in the WR grew by 35% to Rs.273.7 billion in the June 2014 quarter compared to the preceding quarter. It jumped by over three-fold compared to the same quarter a year ago. Maharashtra constituted 53% of the total new investments announced in the WR, followed by Gujarat (41%), Madhya Pradesh (6%) and Goa (1%). Of the total value of new projects announced in the WR, construction and real estate sector accounted for 29%, followed by electricity (27%), manufacturing (26%) and services (18%). The largest project announced in the WR was DS Kulkarni Developers’ Rs.80-billion Pune Dream City Residential Township Project based in Maharashtra. This township project is spread over 300 acres and it will have 12,000 residential units, which will be built in seven phases. The first phase will see the completion of 1,044 homes and same is expected to get completed by December 2017. The entire project is expected to get completed by December 2022. Power Grid Corporation Of India Ltd. (PGCIL)-promoted Gujarat Transmission System Upgradation Project was the second largest new project announced in the region. The company is expected to invest Rs.58 billion in this project to upgrade its transmission network. Under this project, PGCIL will increase the number of Extra High Voltage (EHV) substations from 5 to 12, transmission capacity will be increased from the existing 4,000 MVA to 19,000 MVA and the transmission lines will be expanded to 7,575 kms from the existing 5,610 kms. India witnessed the completion of projects worth Rs.898 billion during the June 2014 quarter. This figure was lower by 35% compared to the preceding quarter and higher by 66% compared to the corresponding quarter a year ago. The NR and Eastern Region equaled with a share of 27% each in the total value of projects completed in India. WR came close with a share of 25%, followed by SR (19%). Multi-state projects and projects in the North Eastern Region constituted the rest. The value of completed projects in the WR stood at Rs.221 billion in the reporting quarter. This figure was lower by 44% compared to the preceding quarter and higher by 68% compared to a year ago. Maharashtra accounted for 52% of the total value of projects completed in the WR, followed by Gujarat (43%). Madhya Pradesh and Dadra & Nagar Haveli constituted the rest. The Rs.60-billion Dahej SEZ Gas-Based Power Project promoted by Torrent Energy Ltd. was the largest project completed in the WR in the June 2014 quarter. Under this project, the company added three units with a power generation capacity of 400 MW each. The second largest project was the Versova-Andheri-Ghatkopar Metro Rail Line constructed by Mumbai Metro One Ltd. (MMOPL) at an investment of Rs.43.2 billion. This line has helped reduce the duration of the journey on the 11.4-km Versova- Andheri-Ghatkopar stretch to 20 minutes as compared to 90 minutes by road transport. MMOPL is a joint venture company comprising Anil Ambani’s Reliance Infrastructure, Veolia Transport and the Mumbai Metropolitan Region Development Authority (MMRDA).
  15. 15. 14 Company Name Project Name Cost (Rs. million) Industry Ownership State D S Kulkarni Developers Ltd. Pune Dream City Residential Township Project 80,000.00 Housing construction Indian Private Sector Maharashtra Power Grid Corpn. Of India Ltd. Gujarat Transmission System Upgradation Project 58,000.00 Electricity distribution Central Government Gujarat Maharashtra Tourism Devp. Corpn. Ltd. Gorai Entertainment Park Project 40,000.00 Other recreational services Government State Maharashtra G A I L (india) Ltd. Dahej Poly Butadiene Rubber (PBR) Plant Project 25,744.50 Synthetic rubber Central Government Gujarat Hindustan Petroleum Corpn. Ltd. Mumbai Refinery Expansion Project 20,000.00 Refinery Central Government Maharashtra Nivea India Pvt. Ltd. Sanand Nivea Skin care Product Plant Project 10,000.00 Cosmetics, toiletries, soaps & detergents Indian Private Sector Gujarat Continuum Wind Energy Pvt. Ltd. Madhya Pradesh Wind Power Project 9,000.00 Electricity generation Foreign Private Sector Madhya Pradesh Chipita India Pvt. Ltd. Sanand Agro Food Plant Project 6,000.00 Cocoa products & confectionery Indian Private Sector Gujarat D C M Shriram Ltd. Jhagadia Chlor-Alkali Capacity Expansion Project 5,000.00 Inorganic chemicals Indian Private Sector Gujarat Government Of Gujarat Gujarat 79 Model Schools Project 3,150.00 Other misc services Government State Gujarat Atria Power Corpn. Pvt. Ltd. Betul-II Wind Power Project 3,000.00 Electricity generation Indian Private Sector Madhya Pradesh Atria Power Corpn. Pvt. Ltd. Betul-I Wind Power Project 3,000.00 Electricity generation Indian Private Sector Madhya Pradesh Gayatrishakti Paper & Boards Ltd. Valsad Duplex Paper Board Plant Project 1,670.00 Paper products Indian Private Sector Gujarat Ministry Of Health & Family Welfare Gujarat AIIMS Project 1,600.00 Other misc services Central Government Gujarat Ministry Of Health & Family Welfare Goa AIIMS Project 1,600.00 Other misc services Central Government Goa Top 15 new projects announced in Western Region In June 2014 quarter
  16. 16. 15 Company Name Project Name Cost (Rs. million) Industry Ownership Location Torrent Energy Ltd. Dahej SEZ Gas Based Power Project 60,000.00 Electricity generation Indian Private Sector Maharashtra Mumbai Metro One Pvt. Ltd. Versova-Andheri- Ghatkopar Metro Rail Project 43,210.00 Railway transport infrastructure services Indian Private Sector Maharashtra Dhariwal Infrastructure Ltd. Tadali Coal Based Power Project 37,290.00 Electricity generation Indian Private Sector Maharashtra Petronet L N G Ltd. Dahej Second Jetty Project 10,000.00 Shipping transport infrastructure services Central Government Gujarat Posco Maharashtra Steel Pvt. Ltd. Mangaon (Vile-Bhagad) Galvanising Plant (Phase II) Project 8,000.00 Steel Foreign Private Sector Maharashtra D B Realty Ltd. Goregaon Orchid Woods Residential Project 5,421.00 Housing construction Indian Private Sector Maharashtra R R Kabel Ltd. Waghodia Copper Wires & Cable Project 4,640.00 Wires & cables Indian Private Sector Gujarat Maharashtra State Road Devp. Corpn. Ltd. Santacruz-Chembur Link Road Project 4,500.00 Road transport infrastructure services Government State Maharashtra Gujarat Hira Bourse Ichhapore Diamond Gems & Jewellery SEZ Project 4,000.00 Gems & jewellery Indian Private Sector Gujarat N T P C Ltd. Rajgarh Solar Power Project 3,464.20 Electricity generation Central Government Madhya Pradesh S J V N Ltd. Ahmadnagar (Khirvine) Wind Power Project 3,000.00 Electricity generation Central Government Maharashtra Mumbai Metropolitan Region Devp. Authority Panjarpol-Mankhurd- Ghatkopar Road Project (Eastern Freeway Phase- III) 2,938.70 Road transport infrastructure services Government State Maharashtra Mumbai Metropolitan Region Devp. Authority Anik-Panjarpole Six Lane Link Road Project or Eastern Freeway (Phase- II) Project 2,750.00 Road transport infrastructure services Government State Maharashtra Tata Power Renewable Energy Ltd. Palaswadi Solar Power Project 2,500.00 Electricity generation Indian Private Sector Maharashtra Maharashtra Natural Gas Ltd. Pune Phase-I City Gas Distribution Project 2,200.00 LNG storage & distribution Indian Private Sector Maharashtra Top 15 projects completed in the Western Region In June 2014 quarter
  17. 17. 16 CII Programme on ‘Export & Import Documentation & Procedures’- ‘Import Customs Provisions related to Classification & Valuation’ 19 June 2014, Panjim The objective of the programme was to educate the managers & executives in companies concerned with import and export matters and formalities, importers, exporters, service providers and entrepreneurs a clear understanding in the formalities and documentation. Mr Kirit Maganlal, Chairman- CII Goa State Council gave the welcome address and opening remarks and stated that “The Imports this year would be close to $475-500 billion and with the current Iran scenario and the escalation of oil prices, our budgets could just go haywire. While our current export is around $ 312 billion, this needs to increase to about $ 400 Billion to reduce the trade gap, which would help strengthening the rupee. Hence, it would be beneficial for the industry to focus on improving the exports.” The resource person for the training programme was Mr. Kasture S Sudhakar. Mr. Kasture with his rich experience explained the concepts & procedures of customs valuation in a very lucid manner. He also highlighted the features of “Trade Facilitation” approved by WTO at the Ministerial Conference in Bali in December last year. CII-Goa Interactive Session on Diabetes 21 June 2014, Panjim Looking at the seriousness of Diabetes, CII Goa, under its CII Life Sciences & Healthcare Panel along with the Diabetes Society of Goa conducted an ‘Interactive Session on Diabetes’ on 21st June 2014 in Panjim- Goa. Dr. A G Unnikrishnan (MD, DM, DNB, MNAMS), CEO and Endocrinologist, Chellaram Diabetes Institute, Bavdhan, Pune was the speaker and Dr. Digambar Naik, Vrundavan Shalby Hospitals Limited chaired the session. Also present at the session were Mr. Prakash Jalan, Past Chairman, CII Goa State Council & Mentor of CII Life Sciences & Healthcare Panel and Mr. Hemant Arondekar, Chairman of CII Goa Life Sciences & Healthcare Panel. CII Goa Workshop on ‘Demystifying CSR Rules’ 17 July 2014, Panjim A CSR Workshop titled ‘Demystifying CSR Rules’ was conducted by CII-Goa & CII-ITC Center of Excellence on Sustainable Development- Delhi. Mr Sachin Joshi and Mr Sanjay Kumar from CII-ITC CESD were the faculty for the workshop. Workshop broadly spoke about and explained details on the Companies Act 2013, Company Rules 2014, clarification by MoCA June 2014 and as per the New Tax Policy regimes of Budget 2014. It also had interactive session on CSR understanding and open forums for sharing and clarifying their doubts and ideas. Apart from the legal provisions, a brief on impact analysis, social return on investment, development of project cycle and group activity on a proposed social investment project were discussed. GOA Snippets
  18. 18. 17 Exploring Business Opportunity Mission to Elecon Engineering Company Limited 18 June 2014, Vallabh Vidyanagar CII organized Exploring Business Opportunity Mission to Elecon Engineering Company Limited at Vallabh Vidyanagar. The main objective of this visit from members of Rajkot and Bhavnagar to Elecon is to understand, appraise and foster improvement in the quality of the castings being used by Elecon. This mission aimed at encouraging & promoting the industry members from the foundry to explore business opportunities for good and sustainable quality of castings. Job Fair for Differently Abled 20 June 2014, Ahmedabad Confederation of Indian Industry (CII) in partnership with Blind Peoples’ Association (BPA) organized a Job Fair for the differently abled in Ahmedabad. This has been the largest Job Fair for the Differently Abled in Gujarat, wherein more than 700 candidates registered their applications to over 50 participating Companies looking for prospective candidates. More than 200 jobs were offered to candidates during the job fair. GUJARAT Workshop on Basic Life Support 11 June 2014, Bhavnagar To facilitate industries in Bhavnagar and around to learn skills of BLS to become better equipped to handle accidental criticality, CII is organizing a workshop on Basic Life Support at Sterling Hospitals, Bhavnagar. A team of experts from Sterling Hospitals discussed different techniques useful for basic life support. Visit to L&T Safety Innovation School 12 June 2014, Surat CII with an objective to apprise industry members on importance & best practices of Safety at workplace organized a visit to L&T Safety Innovation School at L&T, Hazira, Surat. The venue is one of a kind in India, equipped with latest tools and equipment for ensuring safety at workplace, and providing regular training on safety aspects to internal as well as external industry members. Automation in Dyeing Houses 13 June 2014, Surat CII with an objective to apprise industry members on importance of implementation of Automation in Textile Industry (Dyeing Houses), organized a session on Friday 13 June 2014, at SGPTA, Pandesara, Surat. The session was attended by around 30 industry members.
  19. 19. 18 Union Budget 2014-15: CII’s Viewing Session & CII Member Meet: Why CII – My CII 10 July 2014, Vadodara Confederation of Indian Industry (CII), the apex business institution of the country works towards creating and sustaining an environment conducive to the growth of industry in India. it is India’s premier business association, with a direct membership of over 7200 organizations from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 1,00,000 companies from around 242 national and regional sectoral associations. A facilitator, CII catalyzes change by working closely with government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialized services and global linkages. It also provides a platform for sectoral consensus building and networking. Major emphasis is laid on projecting a positive image of business, assisting industry to identify and execute corporate citizenship programmes. Union Budget 2014-15: CII’s Union Budget Viewing Session 10 July 2014, Ahmedabad CII Gujarat State Office at Ahmedabad organized Live Union Budget Viewing Session for the industry members. Around 40 senior members of CII Ahmedabad watched the Union Budget together with great anticipation considering this as the first budget of the new formed government in the center and then they gave their observations to the media during media interaction. CII Seminar on Good Melting practices 26 June 2014, Bhavnagar CII organized Seminar on Good Melting practices at Hotel Rangoli Park, Bhavnagar. The objective of Seminar was to help foundries in Gujarat learn best in class melting practices which can lead to overall cost reduction and improvement in quality. The seminar addressed key issues of a foundry like Reducing overall power consumption; Increasing Lining Life trough better practices/ material; Avoiding intrusion in metal due to Ladle Lining Material and Avoiding sub-surface defects in high alloys casting to name a few. Round Table on PPP- ITI 27 June 2014, Ahmedabad CII Gujarat organized a Round Table on PPP-ITI in Ahmedabad. Focus of the session was to discuss the existing bottlenecks in PPP – ITIs and deliberate over the possible solutions to minimize these bottlenecks and improve the effectiveness and efficiency of these ITIs. Based on the discussion, CII Gujarat state will submit the recommendation to Government of Gujarat to address these issues and bottlenecks. The session was attended by over 25 Chairmen of Institute Management Committee (IMC) of ITIs adopted by industry in Gujarat.
  20. 20. 19 Seminar on Business & Investment Opportunities in Emerging Markets: Latin America & Caribbean and India 2 July 2014, Indore CII Malwa Zonal Council had organized a Seminar on “Business & Investment Opportunities in Emerging Markets: Latin America & Caribbean & India” on 2nd July 2014 at Indore. The objective of the Seminar was to create awareness of the business and investment opportunities in the Latin America & Caribbean markets and explore the scope of business synergies. It is also aimed to provide an important platform to industry to meet and network with Ambassadors and Government official. Ambassadors from various countries like Brazil, Chile, Bolivia, Colombia, Dominican Republic, Ecuador, Mexico, Peru, Guatemala, Salvador, and Panama had participated had given presentation on business and investment opportunities and the challenges of their countries. Some of them also accompanied by their Trade Counsellors including officials from ProMexico and Proexport, Colombia. On this occasion, Mr Arun Kumar Bhatt, IAS, Managing Director, TRIFAC had also given brief presentation on “Global Investors Summit” scheduled on 8-10 October 2014 at Indore. One Day Training Programme on Materials Management 05 July 2014: Indore Keeping in view the needs of modern business operations CII Malwa Zonal Council organized a One Day Training Programme on Materials Management 05 July 2014 in Indore. The training programme was intended to show the practical ways in educating and motivating people to become aware about Materials Management. MADHYA PRADESH CII One Day Workshop on Export/Import Documentation, Procedure and Foreign Trade Policy (FTP) 10 June 2014, Indore The emphasis of the workshop is not just about on how to complete documents and what to do with them it also features WHY specific documents are required and also other topics like awareness of Commercial and Regulatory Documents, Essential Export Documents – understanding, Invoice, ARE-1/2/3, Certificate of Origin, Shipping Bill, Bill of Lading, Bank Realization Certificate etc. The workshop was conducted by Mr Sudhakar Kasture, Director, EXIM Institute (A division of Helpline Impex Pvt Ltd), Mumbai. Impact of Companies Act 2013 –CII Session with PwC. 20 June 2014, Indore To understand in depth the provisions and nuances of the new law, CII Malwa Zonal Council in association with Pricewaterhouse Coopers Pvt Ltd (PwC), Pune had organized a Session on Impact of Companies Act 2013 at Indore. Mr Parin Shah, Executive Director & Mr Amit Borkar, Partner, PwC were the key speakers of the session. The session was well attended by industry delegates & professionals of the zone.
  21. 21. 20 Objective of this training programme was Understanding of Materials/ Inventory management; the need, drivers & the factors weighing it down, to establish the systematic framework of Materials/ Inventory management with different models & guidelines and strengthening Inventory Management practices. Union Budget 2014-15 Viewing Session 10 July 2014, Indore CII Malwa Zone, has organized Union Budget 2014-15 Viewing Session at Indore. The objective of session was to provide a platform to collectively discuss and analyze the implication of Union Budget from different groups and access its effect on the economy / industry of the State. The session had industry representatives from different sectors and experts. Live Budget Viewing Session, Bhopal 10 July 2014, Bhopal CII Bhopal Zone, has organized Live Budget Viewing Session at Bhopal. The objective of the session is to provide a platform for Industry leaders and other stakeholders in Madhya Pradesh to view and analyse the implications of the first Budget of the newly formed government. Members and guests welcomed the union budget and also discussed the sectorial implications. Experts gave their inputs towards new policies and provisions created under taxation, fiscal policies & sectors affecting industries. Union Budget 2014-15 Viewing Session 10 July 2014, Gwalior CII Gwalior Zone, has organized Union Budget 2014-15 Viewing Session at Gwalior. The objective of the Summit is to provide a common platform for industry leaders in Madhya Pradesh to view and analyse the implications of the Union Budget 2014-15. Yi Bhopal Path Finder and Member retreat 14 June 2014, Bhopal The Session was to get a need assessment and understand how to go ahead with the year activities of 2014-2015. It was an interactive session between the members with a lot of brain storming about execution of the activities. The Chair- Yi Bhopal Mr. Mihir gave a detailed PowerPoint presentation about the yearly plan. The Executive Council Members also proposed their tentative plan of activities for the coming year. MAHARASHTRA SEMAA Panel discussion on Expectations and Challenges for ICC and Launch of Website 11 June 2014, Pune CII under SEMAA had organized a panel discussion on Expectations and Challenges for ICC at SM Hall, MCCIA, Pune. Attended by well over 100 delegated the panel discussion delved on various matters related to ICC, its formation and functioning. With a view to widen the outreach and dissipate information in a timely and effective manner, the SEMAA website was also launched on that day. The url for the website is www.semaapune. com.
  22. 22. 21 CII: BSE - SME Exchange - Awareness Program for SMEs – Raising Capital and Listing on Stock Exchanges 13 June 2014, Mumbai This awareness session was organized to showcase and elaborate more on SME platform of BSE and newly launched platforms by BSE called Institutional Trading Platform (ITP) where SMEs can get listed without an Initial Public Offering (IPO), SME ratings with subsidies, Banks focus on SMEs and offer tremendous opportunities to them to raise capital create visibility and grow their businesses. It is the responsibility of the SMEs to become aware of this new opportunity. Yi Pune Learning Session on Organic Gardening 15 June 2014, Pune Imagine strolling out to your garden to pick fresh blueberries to toss on your cereal, or plucking ripe, luscious strawberries to make the first shortcake of the summer. Inspired by the thought of reaping a harvest from one’s own kitchen garden by selecting fruit and vegetable plants that do double duty. One of gracing the landscape while providing a bounty of edibles to expand the food horizon, members of Yi Pune undertook a Learning Session on Organic Gardening on at Moti Mahal, Camp, Pune with Mr Tushar Kelkar, a renowned environmentalist. CII Study Mission on Best Practices in Manufacturing 17 -18 June 2014, Pune The main objective was to share the real productivity improvements that are possible by introducing global practices and innovation in process systems, development of robust vendor network clusters, commitment to fugal engineering and integration of manufacturing with service. The members visited Eaton India, Fiat India Automobiles Pvt Ltd, Mercedes Benz India Ltd and Volkswagen India Pvt Ltd Workshop on understanding CSR from the Corporate and NGO perspective 18 June 2014, Pune This workshop helped the companies not just understand the legal nuances and issues around compliance but also develop a better understanding and appreciation for CSR as being strategically good for the company. Mr Noshir Dadrawala, CEO - Centre for Advancement of Philanthropy conducted this workshop and around 80 participants from Corporates & NGO’s attended the session.
  23. 23. 22 CII Affirmative Action Initiative in association with Forbes Marshall - Training Programme for 9th Batch for Instrumentation & Electronics Engineers in Control Instrumentation 20 June 2014, Pune CII in association with Forbes Marshall Pvt Ltd conducted the Inaugural Session for a batch of around 32 Engineers. The program is 5 days a week full day course / 12 weeks Program for technical training on Instrumentation & Control and a Joint Certification by CII & Forbes Marshall Pvt Ltd is given to the students. Mr Rajan Shringarpure, Past Convenor, CII Industry-Institute-Interface Panel & Managing Director, VISHAY Components India Pvt Ltd delivered a special address during the session. Launch of Pune Chapter of IWN, Persistent Systems 20 June 2014, Pune The Pune Chapter of IWN was launched on 20th June 2014 at Persistent Systems amid much fanfare. An audience of close to 200 ladies and some men were present to witness the lunch of IWN Pune chapter. Mrs Sonali Deshpande, Founder Persistent Foundation and member of steering committee of IWN Pune welcomed the participants and gave a brief idea on what the evening would unfold. Dr Uma Ganesh, Chairperson IWN Pune & CEO Global talent Track spoke about what IWN is all about. Conference on ‘The Companies Act, 2013’ 18 June 2014, Mumbai CII organized a Conference on ‘The Companies Act, 2013’ with a theme Beginning of a New Era. The conference aimed at detailing the aspects of Capital Raising: Transactions, IPOs and Acceptance of deposits; Auditing and Financial Reporting; Auditing aspects of Related Party Transactions; Corporate governance and Risk management; Tax issues arising out of Companies Act – Arm’s Length Pricing; The Companies Act 2013 – leading the way for corporate governance transformation in India and Corporate Social Responsibility. Leaders from industry; Corporate Law Firm and Specialist Consultants were the key speaker at the conference. Conference on Energy Management for Cost Reduction 20 June 2014, Nashik The objective of this full day Conference was to learn & share the opportunities available to improve energy efficiency and gain a competitive edge. To know more about the Indian energy scenario and the numerous energy efficiency improvement initiatives that can be implemented. Participants from various industries from Nashik, Mumbai, Pune, Aurangabad & Sangli were present at this conference.
  24. 24. 23 Interactive Session on “Doing Business with ASEAN countries” 23 June 2014, Pune Mr Amit Chatterjee, President & CEO, International Brand Ventures had an interactive session with 15 participants and briefed them on how to “Build Brands“ and connect Consumer Insights in ASEAN markets Open House Session with Commissioners of Provident Fund, Labour and ESIC 24 June 2014, Pune Confederation of Indian Industry (CII), Pune had organised the Fiftth in the series an Open House session with the commissioners of “Provident Fund, Labour, ESIC and Industrial Safety & Health”. The interactive session was a huge success with over 140 participants across the industry which mainly included the HR, Legal and Finance professionals. The commissioners added value by answering the queries of the participants relating to PF transfer procedure. Round Table with US International Trade Commission 25 June 2014, Mumbai CII along with the US Consulate in Mumbai had organized a Round Table Discussion with officials from the US International Trade Commission (USTIC), Ms Laura S. Bloodgood, Senior International Trade Analyst and Ms Tiffany M. Eder, International Trade Analyst, USITC. The objective of their visit was to discuss the current economic climate in India, which would further delve upon how Indian policies function and how firms respond to these policies and their effects on business operations. Mutual Fund Summit 26 June 2014, Mumbai The decade edition of CII Mutual Fund Summit chaired by Mr A Balasubramanian, CEO, Birla Sun Life AMC Ltd., aimed at challenging the status quo of the industry today in the terms of existing distribution models, penetration of mutual funds, products available & their investor awareness and optimum communication to investors about mutual funds as a potentially successful investment mode.
  25. 25. 24 CII Buyer Seller Meet 2014 4 July 2014, Aurangabad CII buyer seller meet was formulated to create a market place where buyers and sellers can come together and transact business. This event provided an opportunity to the suppliers to showcase their products and services to help them gain insight into current and future needs, so that they can gear up themselves to serve the buyers better. The Buyer-Seller Meet held concurrent to the exhibition, facilitated one-on-one contacts and also highlighted the various desired components procurement norms and patterns Faculty Development Program on Innovation Management 5 July 2014, Pune The aim of this FDP was to capture the creativity of employees at every level of the organisation so ideas for new products, business models or process improvements, can be quickly discovered and implemented for maximum value. The FDP focused on Learning from NATURE (BIOMIMICRY), Principles of Innovation, Importance of innovations in organisational growth, Creativity & Innovation: Twin Components of Value and Data Visualization. 33 faculties from the institutes attended the session. CII IGBC & MCCIA Session on Sustainable Best Practices 2 July 2014, Pune The main focus of the Session was on Best Green practices mainly Building Envelope and Built Environment, Green Landscapes, Energy Efficient practices and witnessed participation from over 150 participants including Architects, Builders & Developers, Consultants, Corporate, Green product manufacturers, Educational Institutions etc., The session was graced by presence of Mr Sanjay Kirloskar, Chairman – IGBC Pune Chapter & Mr Anant Sardeshmukh, Director General – MCCIA Breakfast Meeting with Delegation of Congressional Staffers from the US 4 July 2014, Mumbai CII had organized an exclusive breakfast meeting of select Indian industry members with US Congressional Staffers. The objective of this visit was to build an India-friendly constituency in the US Congress and cultivate a positive rapport and favorable understanding of India among the Staffers, who play a key role in policy making on international issues in the Senate Foreign Relations Committee and the House of Foreign Affairs Committee.
  26. 26. 25 CII CEO’s Session on Policy Triggers and Tough Actions To Trigger Growth 8 July 2014, Pune The Confederation of Indian Industry, along with the Phoenix Group of Companies hosted a panel discussion to welcome the views and thoughts of senior leadership, in Pune, on how policies can help reboot the current state of the economy. Propelled by the three “success factors” of favorable demographics, globalization and productivity-boosting reforms, India’s trend growth rates have been rising since the 1980s. While the last few years have seen a bit of disruption in the globalization trend, the improving global growth environment should support India’s integration. As the government takes more steps to improve the business environment, removes supply side constraints and maintains external competitiveness by tackling inflation, India’s integration with the global economy will deepen. SEMAA Interactive Session with members of the Poona Hotelier’s Association; Association of Hospitals in Pune and Pune Union of Working Journalists 24 June 2014, 11 July 2014 and 12 July 2014, Pune SEMAA the Taskforce on Safety of Women had organized an Interactive Session at Hotel Vivanta by Taj Blue Diamond for the members of Poona Hotelier’s Association on 24 June 2014, at Ruby Hall Clinic for the members of the Association of Hospitals in Pune on 11 July 2014 and for the members of the Pune Union of Working Journalists on 12 July 2014 at Patrakar Bhawan to apprise the respective segment representatives on the new Act on Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013 and its nitty-gritty’s including formation of the Internal Complaints Committee (ICC) its role and members. CII Logistics Knowledge Sharing and Business Mission to Antwerp & Rotterdam CII Western Region Sub-Committee on Logistics is taking a “Knowledge Sharing and Business Mission” to the Ports of Antwerp and Rotterdam from 7th - 11th September 2014. The Ports of Antwerp and Rotterdam are chosen as these ports provide a perfect gateway to Europe. These ports are the largest industrial and logistics hub in the European continent. Their excellent hinterland connectivity with high quality rail, road, barges and pipes network attracts manufacturers from across the globe. These ports are equipped with the state of the art machineries and storage systems, hence ensuring swift and efficient cargo handling. These ports also play a pivotal role in giving Europe the competitive edge and adding significant economic value to the continent’s economy. On this backdrop the committee believes that at this juncture where India is looking forward to infrastructure boost, our ports too will be pivotal. This knowledge sharing mission is planned to help understand global ports and there business mechanism. Players from Logistics, Ware Housing, Cold Storage, Air Cargo, Infrastructure, Ports and other allied industries are invited to be a part of this delegation to the port of Antwerp and Rotterdam. The Objective of the Delegation is to Interaction with the port authorities of Antwerp and Rotterdam, Opportunity to explore and understand what makes these two ports, the logistics hubs of Europe, Seek business opportunities for goods movement from Europe, USA and Africa, Explore the prospect for using these ports as a store and forward location for Indian and Asian exporters, Meetings with local SMEs dealing in 3PL / Value Added logistics services and facilitate other business interest in the logistics / supply-chain sphere. For more information about this Knowledge Sharing and Business Mission and registration for the delegation, you are requested to get in touch with the CII Secretariat. Details: Ms. Sheena Khara, Deputy Director, Email: sheena.khara@cii.in Tel No.: 24931790 Extn: 403.
  27. 27. 26 Forthcoming Events in the Region Date Name of the Programme Place 13 August 2014 Networking Reception of “Consul Generals and Head of Diplomatic Missions in Mumbai” Mumbai 13 August 2014 I4th Meeting of the CII Goa State Council Panjim 18 August 2014 Interactive Session with Hon’ble Jay Weatherill MP, Premier of South Australia Mumbai 19-20 August 2014 Two Day Certificate Training Programme on First Aid Indore 19 August 2014 Roundtable on Innovation in PLM Mumbai 19 August 2014 Roundtable on Project Lifecycle Management Mumbai 20 August 2014 Conference “Sustainable Mobility with Electric Vehicle” Ahmedabad 20-21 August 2014 “West Tech Summit 2014 – Technology Summit & Platform” Pune 21 August 2014 Enviro Tech 2014 Vadodara 22 August 2014 Workshop on Work Life Balance Surat 22 August 2014 HR Conference Ahmedabad 22-24 August 2014 Food & Bevtech 2014 Mumbai 23 August 2014 Workshop on countering Office Politics Ahmedabad 23 August 2014 3rd Meeting of CII Western Gujarat Zonal Council Jamnagar 24 August 2014 Yi Treasure Hunt 2014 Vadodara 26 August 2014 3rd Edition of Gujarat Engineering Summit 2014 Vadodara 27 August 2014 Innovation Conclave Nashik 27 August 2014 Conference on Asian Markets Mumbai 5-6 September 2014 Global Geo-synthetics Summit Ahmedabad 19 September 2014 Workshop on Six Sigma Surat 19 – 20 September 2014 Gujarat Manufacturing Show 2014 Ahmedabad 20 September 2014 HR Seminar 2014 Rajkot 24 September 2014 7th HR Summit 2014 Mumbai 25 – 27 September 2014 7th National Seed Congress Bhopal
  28. 28. 27 CII in Press
  29. 29. 28
  30. 30. Available Spots Printed Version Monthly Single Issue (in `) For Members Monthly Single Issue (in Rs.) For Non-Members Back Cover 25,000 40,000 Front Page – inside cover 20,000 35,000 Back Page – inside cover 20,000 35,000 Full Page - Regular 15,000 25,000 Centre spread 30,000 50,000 Available Spots Annual Yearly Issue (in Rs.) For Members Annual Yearly Issue (in Rs.) For Non-Members Back Cover 2,40,000 3,84,000 Front Page – inside cover 1,92,000 3,36,000 Back Page – inside cover 1,92,000 3,36,000 Full Page – Regular 1,44,000 2,40,000 Centre Spread 2,88,000 4,80,000 For further details contact: Vaibhav Pawar Economic Research & Policy vaibhav.pawar@cii.in (Western Region) 105, Kakad Chambers, 132, Dr. Annie Besant Road, Worli, Mumbai – 400 018 (India) T: 91 22 24931790 * F: 91 22 24939463 / 24945831 E: ciiwr@cii.in * W: www.cii.in
  31. 31. The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consulta-tive processes. CII is a non-government, not-for-profit, industry-led and industry-man-aged organization, playing a proactive role in India's development process. Founded in 1895, India's premier business association has over 7200 members, from the private as well as public sectors, includ-ing SMEs and MNCs, and an indirect membership of over 100,000 enterprises from around 242 national and regional sectoral industry bodies. CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competi-tiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues. Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirma-tive action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few. The CII theme of ‘Accelerating Growth, Creating Employment’ for 2014-15 aims to strengthen a growth process that meets the aspira-tions of today’s India. During the year, CII will specially focus on economic growth, education, skill development, manufacturing, invest-ments, ease of doing business, export competitiveness, legal and regu-latory architecture, labour law reforms and entrepreneurship as growth enablers. With 64 offices, including 9 Centres of Excellence, in India, and 7 over-seas offices in Australia, China, Egypt, France, Singapore, UK, and USA, as well as institutional partnerships with 312 counterpart organi-zations in 106 countries, CII serves as a reference point for Indian industry and the international business community. Confederation of Indian Industry (Western Region) 105, Kakad Chambers, 132, Dr. Annie Besant Road, Worli, Mumbai – 400 018 (India) T: 91 22 24931790 * F: 91 22 24939463 / 24945831 E: ciiwr@cii.in * W: www.cii.in : Follow us on : facebook.com/followcii twitter.com/followcii www.mycii.in Reach us via our Membership Helpline: 00-91-11-435 46244 / 00-91-99104 46244 CII Helpline Toll free No: 1800-103-1244

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With Investments being the integral part of the economic development, this edition also highlights the investment scenario in the CII western region for the June quarter ending. Apart from the aforementioned articles it also carries the regular feature of Economy Snapshot and activities in the region.

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