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2. November 2021
102
Chief Guest - Shri. Shrinivas Patil
President's Message
About Global India Business Forum
A Pictorial Presentation
Business & Culture Council – Global India Business Forum
The Fern Residency - Hospitality Partner
Global India Business Forum Webinar Series
Embassy of The Kingdom of Morocco - H.E.Mohamed Maliki,Ambassador
Jaywant Sugars Ltd.
Overview of Pharmaceutical Sector
Mrs. Aditi Ramchandra Desai (Women Entrepreneur of the Year
Embassy of the Republic of Costa Rica H.E.Claudio Ansorena ,Ambassador
Overview of Infrastructure Sector
Embassy of the Republic of Azerbaijan - H.E.Dr.Ashraf Shikhaliyev, Ambassador
Mr.Kavitsu Robotronix -(Emerging Business Icon
Memorandum of Understanding - GIBF
Mr. Animesh Sarkar
The Krishna Sahakari Bank Dr. Atul Suresh Bhosale (Promising Business of the year)
Overview of Textile Sector
The Republic of Malawi
Top Gear Best MSME Company of the Year – Overview of Manufacturing Sector
Bilateral Economic Agreements
Mr.Prashant Jadhav - (Young Entrepreneur)
The Federal Republic of Nigeria - H.E.Mr.Ahmed Sule,High commissioner
Dr. Dilip Sonune (Animal Welfare Award)
Top Mergers and Acquisitions
Finix Nidhi Ltd. Kolhapur Miss. Sonali Sachin Patil (CMD)
kirushna Agrotech (Women Entrepreneur for Innovative Product-Jaggery
Garuda Aerospace Mr. Agnishwar Jayaprakash (Promising Business of the year)-
Mr.Vinayak More (Young Entrepreneur)
Sansam Electrical Systems
Global India Business Forum - Student Council
GIBF Event & Trade Fair
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3. 3

4. President’s Message
The primary objective of the Global India Business
Forum has always been to assist MSME
entrepreneurs not only in India but throughout the
world. Sangli, Satara, Karad, Kolhapur are the most
important region for agriculture sector which includes
sugar, textiles and also automated sector like casting
of vehicles like two wheelers and four wheelers. These
districts are considered to be the most important part
of Maharashtra since it has the greatest number of
MSME businesses. Global India Business Forum's
aim is to highlight the opportunities in different
countries and to help the Indian businessmen to track
and expand their business globally. Indians often have
knowledge about only few countries in general but
there exists a lot more countries having huge
opportunities for business. If we consider Africa,
Ethiopia is the second largest country in terms of its
population and economy. Talking about the Caribbean
region, seventeen countries do have huge business
opportunities in there. Indonesia and Egypt share a
friendly bond with Global India Business Forum when
it comes to businesses in these countries. So, this is
when we step in and guide all the businessmen from
MSME sectors of India to connect with these
countries.
To explain how MSME sector forms to be the backbone of any developed/developing country I would like
to add that following the defeat in World War II, Germany was stripped of its gains. It still stood back on its
feet and the reason being having its strong and capable MSME sector to fall back on.
Global India Business Forum also had the opportunity to interact with the Cabinet Minister of MSME
sector and Indian Politician Mr. Narayan Rane on how to expand this concept and to move forward with
this cause to give tremendous business opportunity to Indian Businessmen nationally and internationally.
The objective of this award function is to recognize businessmen who have fought against all odds of the
pandemic and have emerged victorious. I would like to give my heartiest congratulations to all the winners
for the exceptional work they've done all year. I would also like to encourage all businessmen to keep on
working hard and keep up the great work!
Dr. Jitendra Joshi
Global President
Global India Business Forum
4

5. SHRI. SHRINIVAS PATIL
CHIEF GUEST
Shri. Shriniwas Dadasaheb Patil is an Indian politician
and ex-officer of the Indian Administrative Services
(IAS). In October 2019, he was elected as Member of
Lok Sabha from the Satara constituency from
Maharashtra, India. He completed his education at S.P.
College and Pune University in Pune and then
Government Law College in Mumbai. He also holds an
M.A. in Economics. He is a social worker, an
agriculturist, a civil servant and an educator. He has
been pivotal in solving various problems related to
sugar industry, watershed management in the
constituency, forest and wildlife conservation, town
planning, guiding farmers regarding changing scenario
in agriculture sector. He has lent his guidance and
experience to students aspiring to be in the
administrativeservices.
He was the officer of Indian Administrative Services of
1979 batch. Thereafter he served as the collector of
Beed district and Pune district. He has been deputy
CEO of Maharashtra Industrial Development
Corporation(MIDC). In1999hewaselectedtotheLok
Sabha.Thenbetween1999-2004heheldvariousposts
as member of Panel of Chairmen, Committee on Home
Affairs, Committee on Petitions, Committee on
Members of Parliament Local Area Development
Scheme, General Purposes Committee, Joint
Committee on Patents (Second Amendment) Bill,
1999, House Committee, Committee on Human
Resource Development, Rules Committee, Committee
on Science & Technology, Environment & Forests. In
2000 he was also elected as member to Consultative
Committee, Ministry of Information Technology and
served till 2004. He was re-elected for his 2nd term to
Lok Sabha in 2004 and served on various committees
till 2007. In 2013, he was appointed as Governor of
Sikkim and served in that post till 2018. After that he
was re-elected for his third term to the Lok Sabha from
theSataraconstituencyin2019.
Other than this he also worked as Collector of Beed
from 1987-88, Collector of Pune District between
1988-92. He also served as Commissioner of Pimpri
Chinchwad Muncipal Corporation between 1992-95
He served as Chairman for the Nagpur Improvement
Trust between 1996-99 the Pimpri, Chinchwad New
Township Development Authority. He also served as
DirectorofSugar,Maharashtra;Dy.C.E.O.,
Maharashtra Industrial Development He has
participated in various social and cultural activities
too.HehasbeenPresidentof:
(i) Organising Committee of 74th Akhil Bharatiya
Marathi Sahitya Sammelan held at Karad in January
2003.
(ii) Organising Committee of 84th Akhil Bharatiya
MarathiNatyaSammelanheldatKarad,January2004.
(iii) Balkumar Sahitya Sammelan 2005, held at Karad,
January2005.
5

6. FELICITATING
THE CHIEF GUEST
SHRI. SHRINIVAS
PATIL
RECEIVING
THE CHIEF GUEST
LAMP LIGHTING
CEREMONY
6

7. SPEECH BY
SHRI. SHRINIVAS PATIL
RELIVE THE
MOMENTS FROM
THE AWARDS
RELAUNCHING
OF WEBSITE
7

8. Business & Cultural Council
GlobalIndiaBusinessForum(GIBF)isproudtoannouncethelaunchofBusinessCouncilsbetweenIndia
and other countries. These councils will aim to create a network of businesses, businessmen,
entrepreneurs, connect MSMEs across countries and create tie ups between chambers of commerce
amongstthesecountries.Thesecouncilswillnotjustbeexclusivetotheaffiliatedcountriesbutwillalso
partofthebiggernetworktheGIBFaimstocreate.GIBFwantstocreateanetworkofbusinesseswhich
will be beneficial not to those just involved but also to be a boost to the economies of their respective
countries. GIBF hopes the formation of these councils will bring prosperity and strengthen relations
betweenthecountriesandbringtheworldcloser.
OBJECTIVES:
Ÿ Todevelop,nurtureandpromotebusinessandculturalrelationsbetweencountries.
Ÿ Tocreatebusinessopportunities.
Ÿ Topromotebusinessesofallsizesacrossthecountries.
Ÿ Topromotecultures,bothculturalandhistoricalandexchangeideasandvaluesthroughthiscouncil.
Ÿ Tocreateanetworkofbusinessesandbusinessmenofanysizeandsectoracrossthecountries.
AGENDA:
Ÿ Global India Business Forum not only aims to promote and create a network of business and sectors
butitalsowantstopromotetheMSMEsectorandconnectthesesectorsbetweenthecountries.
Ÿ Createbusinessopportunitiesandanetworkofbusinessmenacrossthesectorsandcountries.
Ÿ Facilitate easy access for underdeveloped and developing countries and provide them with a
platformtoexploreopportunitiesacrosscountries.
Ÿ To hold seminars, webinars, award ceremonies for exchanging information, speaking about business
opportunities and felicitating those who have excelled in their fields and deserve recognition and
featuresin'TheBusinessTycoons'magazine.
Ÿ Provideopportunitiestoexplorevariousbusinessopportunitiesacrosssegmentsandsectors.
Ÿ Createanetworkofbusinessmenandhaveprominentbusinessmenaspartofthiscouncil.
Ÿ Export/Import:identifyingopportunities.
Ÿ AuthenticationofpaperworkforEximactivitiesbetweencountries.
Ÿ ProvideonlyauthenticandgenuinebusinessopportunitiesthroughGIBF.
Ÿ Providelogisticalsupportwhenandifneeded.
Ÿ Createtie-upsamongstchambersofcommerceandhavebusinessmenaspartofthiscouncil.
Ÿ Promoting businesswomen, start-ups, sectors, entrepreneurs through our 'The Business Tycoons'
magazine.
Ÿ Facilitate cultural exchanges in the form of music, dance, history, artifacts, exhibitions, expos and
eventhroughonlinemediums.
Ÿ Create opportunities for student exchanges, training courses according to needs of the countries,
socialorCSRactivitiestoboostrelationsbetweencountries.
Ÿ Expert connect programs to share experiences of top businessmen, industrialists and leading
membersoftheirsectors.
Ÿ Promotingculturethroughbusinessandcreatingabusinessculturebetweenthecountries.
Business Council
8

9. The Fern Residency
The Fern Residency Karad, A Unit Of Aditya Hotels & Hospitalities Pvt. Ltd, welcomes you with:
Ÿ 42 modern contemporary accommodations including suites
Ÿ Thoughtful amenities.
Ÿ A finely designed multi-cuisine restaurant.
Ÿ An authentic Indian restaurant.
Ÿ Biker's themed bar.
Ÿ Swimming pool.
Ÿ Spacious banquet halls.
Ÿ A multi-purpose 10000sq ft wedding hall and a beautiful lush green 25000sq ft lawn.
Ÿ A modern equipped Gym with semi-Olympic swimming pool.
The hotel is surrounded by beautifully manicured grounds, huge parking space with an excellent
location and easy access to the city centre and major sightseeing attractions.
9

10. Business Opportunities in Nigeria
th
Date: 8 January 2021
Global India Business Form had conducted a webinar on
the topic “Business Opportunities in Nigeria” on January
8, 2021. Some of the most panelists that graced this
webinar with their presence were H.H. Ismail Ayo Alatise,
Minister/Acting Head of Mission, Nigeria High
Commission,Dr.ParmeetSinghChadha,President,World
SikhChamberofCommerce,Mr.SukhdeepGill,Executive
Director, Punjabi Chamber of Commerce and Dr. Jitendra
Joshi, Global President, Global India Business Forum. Dr.
Ashutosh Misal, Corporate Trainer and Life Member,
Global India Business Forum was the host of the webinar.
HisHighnessMr.IsmailAyoAlatisesharedhisviewsabout
the long-standing diplomatic relationship between
Nigeria and India. He also shed light on the possible
business opportunities in Nigeria including investment
opportunities that could help not only Nigeria in growing
asacountrybutwillalsohelpotherinterestedcountriesin
growingaswell.
Business opportunities in Azerbaijan
th
Date: 20 September 2021
On 4th September, 2021 Global India Business Forum
(GIBF) continued its International Webinar Series on
Global Business Opportunities. Hosted by Mr. Rajeev
Khade of GIBF, this webinar was about business
opportunitiesintheRepublicofAzerbaijan.Ourguestson
thewebinarwereH.E.Dr.AshrafShikhaliyev,Ambassador
of the Republic of Azerbaijan to India and Mr. Valeh
Alasgarov, Chairman of the board of Directors Alat Free
Economic Zone Authority. These two distinguished
guests spoke about the various business opportunities in
Azerbaijan and shed light on the new Alat Free Economic
Zonewhichisgoingtoopennewopportunitiesforforeign
investments and broaden the economic horizons not just
of Azerbaijan but also of those who will be joining hands
withthem.
10

11. H.E. Mr. Mohammed Maliki, is the current ambassador
of the Moroccan embassy to the countries of India,
Nepal, Bhutan, Maldives and Sri Lanka and has been
serving since 2016. He was born in Rissani, Tafilaat,
Morocco on 18th March, 1965. He has a B.A. in English
Literature and an Advanced Studies Diploma (DEA)
from Fez, Morocco. He has done Training-Strategic
Studies in Rabat and a Diploma on “Diplomatic Studies”
from the “Pakistan Foreign Service Academy”,
Islamabad. He is fluent in Arabic, French and English.
H.E. Mr. Mohammed Maliki was appointed as 1st
Secretary of Foreign Affairs, in charge of the Technical
Cooperation with African countries at African Affairs
Directorate between 1989-1994. After that he served
as Deputy Ambassador at the Moroccan Embassy in
Yaoundé, Cameroon from 1994 till 2000. He then held
various positions in the Ministry of Foreign Affairs and
Cooperation of Morocco (MAEC) from 2001 until he
was appointed as Director of Asia and Oceania Affairs
Directorate,MAECin2011andheldtheposttill2016.
Morocco
H.E. Mr. Mohammed Maliki,
Ambassador
(Embassy of the Kingdom of the Morocco)
Global India Business forum is
proud to associate with and offer
honorary Membership to
The Ambassador of
Embassy of Morocco
H.E. Mr. Mohammed Maliki.
“Not only a brand, but a right
business hub where to be”
With a history of more than twelve centuries as a State-Nation,
Morocco has become a very solid and stable country. Thanks to
its strategic location at the crossroad of Africa, Europe and the
Arab world, to its political and economic stability in a world full of
challenges, Morocco enjoys the trust of foreigners from all over
the globe who consider the Kingdom as a safe place to visit, to
live in, where to do business and to invest.
According to the recent “World Bank Ease of Doing Business
report”, Morocco has moved from the rank 60th to the 53th and
the objective of the Moroccan Government is to be among the
top 50 economies in the world.
11

12. Recently, Morocco launched its national brand for
investment and export promotion in order to create
visibility and enhance attractiveness with a
distinctive value proposition. This brand is called
“Morocco Now”. “Morocco Now” is defined as the
future proof platform to invest and export to the
world.Thisdefinitionisbasedon4mainassets,which
are:Sustainable,Competitive,AgileandWellProven.
The“Sustainable”Morocco
This refers to a green production system and a solid
resilient ground. Morocco offers low carbon
productions, based on pioneer investments in
renewableenergies.
Since 2009, massive investments in Renewable
Energies have been made in Morocco which makes
the Kingdom as 1st producer of renewable energies
in Africa with a 4GW of installed capacity in 2021.
The country covers already 37% of its installed
electricity capacity with renewable energies in 2020
andtargets52%by2030.
This avant-garde renewable plan, positions Morocco
as one of the most competitive low-carbon platforms
in the globe with world class infrastructure in solar,
windandHydro.
Moreover,producinginMoroccoforEuropeanUnion
(EU), United States of America (USA), Africa or
United Kingdom (UK) minimizes carbon footprint
due to reduced distances. As an illustration,
RENAULT Tangier – the biggest automotive plant in
Africa,manufacturing400,000carsayear–isagreat
exampleofazero-emissionfactory.
The“Competitive”Morocco
Morocco is one of the most attractive platforms in
the world combining low costs with a world-class
infrastructure, a young and qualified workforce, and
aninvestors'supportiveframework.
As part of a strong vision, Morocco was since long
committed to free trade and signed up to many Free
Trade Agreements giving access to more than 50
countries in Europe, USA, UK and Africa markets.
Morocco is one of only 8 countries with duty free
access to the USA, EU+UK, and it is the only one in
Africa.
Morocco is also an ideal export platform to serve
Europe and USA. Europe is only 14 kms away from
the Kingdom allowing delivery in 1 to 2 days and
NorthAmericaandUAEareat7hoursflightonly.
Adding these advantages to the unique access to a
market of 1 billion consumers – facilitated by the
Kingdom's strategic location – is placing Morocco on
the top list of the world's most competitive
investmentdestinations
The“Agile”Morocco
Morocco – its economy, its business community and
environment as well as its workforce – has the
capacity to quickly adapt to new situation as
demonstrated during the Covid-19 pandemic while
industrial capacities quickly shifted to health
equipment. The best rolling out of the anti-Covid
vaccinationisalsooneoftheamazingexamplesofthe
Moroccanagility.
This agility – which is in the DNA of Moroccans – can
be seen in dynamic, competitive and qualified labor
force. The authorities have worked on educating,
developing and making available top quality human
resourcesintheKingdom.
12

13. The“WellProven”Morocco
This is referring to a successful track record
illustrated by emblematic examples such as the
Moroccan Tangier-Med port which is the largest
trans-shipment port in the Mediterranean and in
Africa – with a 9 million containers capacity –
allowing companies to address 186 ports in 77
countries.
The other big achievement is that Morocco
joined,sinceNovember2018,thehighspeedclub
– the club of countries having the High Speed
Trains. Today, Morocco is the first Arab and
African country to have this world class railway's
infrastructure and equipment, used by more than
3millionpassengers.
The Well Proven asset can also be seen in the
success stories of the fastest growing clusters in
Moroccosuchasautomotiveandaeronautics.
The Moroccan auto sector has experienced
phenomenal growth +30% since 2011. This
momentum was primarily driven by some big
worldplayersthathavechosenMoroccoasabase
such as RENAULT followed by STELLANTIS.
Today, with 250 automotive companies already
operational in the kingdom covering the whole
value chain, Morocco's automotive sector has an
installed capacity procuring 700,000 cars which
placestheKingdomasTOP1inAfrica.
Nowadays, RENAULT NISSAN exports from
Morocco to More than 70 countries and
STELLANTIS started production with a local
content of 60%. Official figures put Morocco's
auto export production at USD 8,3 billion. The
country becomes the 2nd exporter to the EU of
newvehicles.
Moreover, Morocco has emerged as a prime
aeronautics platform with an annual growth rate
of 20% over the last years with a 38% rate of local
integration.
The country is ranked among the world's most
dynamic aeronautics and aerospace ecosystems
with a diversified and highly integrated supply
chain including aeronautic equipment, aero-
structures and engine parts, machining, electrical
wiring, special processes, sheet metal works and
engineering.
Top Original Equipment Manufacturers (OEM)
such as Airbus, Boeing, Pilatus, Embraer, Sukhoi
and Comac are using parts produced in Morocco
and many key industry players have built
successful long-term partnerships in the kingdom
like Spirit AeroSystems, SABCA, Safran, Stelia,
CollinsAerospace,Daher,HexcelandEaton.
In a fast-changing world economy where
companiesarefacingnewkindofchallengesdueto
the global value chains reorganization and climate
emergency, Morocco emerges as the agile and
well-prepared decarbonized production platform
open to the world. “NOW” is the right time for
investors to join the attractive and competitive
hub and platform in the world which is Morocco. It
is indeed the right time for the business
communities, the Indian one in particular, to
experience Morocco which is definitely a stable
and trusted gateway to more than 1 billion
consumers in Africa, Europe, UK and USA.
Nowadays, number of Indian businessmen and
companies are aware of the benefit of investing in
Morocco and consider it as a safe place to invest
keeping in mind the great progress that the
kingdomhasmadeduringthelasttwodecades.
13

14. Established in the year 2006. Jaywant Sugars Ltd (JSL) is an agribusiness & bio-energy corporation
founded by Dr.Suresh Jaywantrao Bhosale and his Son Dr.Atul Suresh Bhosale. JSL with its Unique
Product Proposition now aims to be a leading global player. Engineering excellence and a strong
pioneering spirit continues to be the philosophy of Jaywant Sugars Ltd. JSL has always been giving
top-notch performances i.e., highest standards of technical efficiency, mill efficiency of the highest
order, achieving the lowest sugar losses and best financial performance.
Milestones of the company:
> Registered with the RoC- 5th January 2006.
> Sugar division first trail crushing season started
in 2010-11 on 22-d Oct. 2010.
> Expansion cum modification of sugar division with
0 MGW Co-gen which improves capacity
from 1250 TCD to 2500 TCD-SS 2014-15.
> Stabilization of sugar plant from 2500 TCD to
4000 TCD- in SS 2016-17.
> Distillery Division - 45KLPD distillery division's
commercial production started 5th April 2019.
Achievements & Recognition:
Under the tutelage and guidance from the President & Managing Director Mr. C. N. Deshpande,
JSL has achieved various awards in sugar industry mentioning few below
> Best Technical Performance in SS2016-17 by Vasantdada Sugar Institute, Pune.
> Best Technical and financial management for SS 2017-18 by Vasantdada Sugar Institute, Pune
> Best Overall performance award for SS 2017-18 by Bhartiya Sugar, Pune.
> Best Technical Performance award in SS 2016-17 by Bhartiya Sugar, Pune.
> Best Steam Boiler performance award for SS 2019-20 at 3rd rank by Govt. of Maharashtra,
Labor Department, Directorate of Steam Boiler.
> Brand Of the Year (Sugar Sector) in International Business excellence Award 2021 by Global
India Business Forum.
Current Business Operations:
They are now aiming to achieve onto crushing during the ongoing season 2021-2022 around 4,000
TCD. The company has target of crushing 7,50,000 MT cane for the current season and has already
commenced the activity from 1st of November 2021.With its newly installed 45 KLPD Distillery
project on 5th of April 2019 they have started their commercial production. They now target to
produce and sell 165.00 lakh litres of spirit/ethanol in the financial year 2021-2022.
For their remarkable performance and for their best practices JSL has been certified by ISO
9001:2015 and FSSC 2200 certificates from TUV SUD South Asia Pvt Ltd Mumbai
Jaywant Sugars Ltd
14

15. Pharmaceutical Sector
Ÿ Indian pharmaceutical companies currently supply over 80% of the antiretroviral medications
needed to combat AIDS (AcquiredImmuneDeficiencySyndrome)aroundtheworld.
Ÿ The Indian pharmaceutical industry supplies more than half ofglobal demand for vaccines,
40% of generic demand in the United States, and 25% of all pharmaceuticals in the United
Kingdom.
Ÿ India is the world's third-largest producer of pharmaceuticals by volume and the
fourteenth-largest by value. With and robust network of 3,000 pharmaceutical
businesses and 10,500 production units, the country has a well-established domestic
pharmaceuticalsector.
Ÿ Pharma sector currently contributes around 1.72% of the country'sGDP.
Ÿ The pharmaceutical industry contributes significantly to India's economic growth, accounting
for 1.7 percent of the country's GDPlastyear,upfromonepercentadecadebefore.
Ÿ India is the world's third largest API market, with an 8% share of the global API industry,
500+ different APIs manufactured inIndia, and it contributes 57 percent of APIs to
the WHO'sprequalifiedlist.
Ÿ India's more than 18% rise in pharmaceutical exports during 2020-21 demonstrates the
sector's resilience to numerous economicshocks.
Global Import - Export
Ÿ India’s drugs and pharmaceuticals exports stood at US$
24.44 billion in Fy21. India is the 12th largest exporter of
medical goods in the world.
Ÿ The country’s pharmaceutical sector contributes 6.6% to the
total merchandise exports. As of May 2021, India supplied a
total of 586.4 lakh COVID-19 vaccines, comprising grants
(81.3 lakh),
Ÿ Commercial exports (339.7 lakh) and exports under the
COVAX platform (165.5 lakh), to 71 countries.
15

16. Ÿ Indian drugs are exported to more than 200
countries in the world, with US being the key
market.
Ÿ Generic drugs account for 20% of the global
export in terms of volume, making the country
the largest provider of generic medicines
globally.
Ÿ India’s drugs and pharmaceuticals exports stood
at US$ 3.76 billion between April 2021 and May
2021. The foreign direct investment (FDI) inflow
in the Indian drugs and pharmaceuticals sector
stood at US$ 18.12 billion between April 2000
and June 2021.
R&D Investment by Indian Pharma (% of Sales)
In financial year 2018, the investments in research and development by
the leading ten Indian pharmaceutical companies amounted to around
8.5percentoftheirtotalsales.Thiswasestimatedtodropto8.4percent
infinancialyear2020
According to the Indian
Economic Survey 2021, the
domestic market is expected
to grow 3x in the next
decade. India's domestic
pharmaceutical market is
estimatedatUS$42billionin
2021 and likely to reach
US$ 65 billion by 2024
and further expand to
reach ~US$ 120-130
billion by2030
India's biotechnology
i n d u s t r y c o m p r i s i n g
biopharmaceuticals, bio-
services, bio-agriculture,
b i o - i n d u s t r y , a n d
bioinformatics. The Indian
biotechnology industry
was valued at US$ 64
billion in 2019 and is
expected to reach US$
150 billion by2025
India's medical devices
marketstood at US$ 10.36
billion inFY20.Themarketis
expected to increase at a
CAGR of 37% from 2020 to
2025 to reach US$ 50
billion.
16

17. Ÿ In August 2021, an additional number of pharmaceutical companies in India are expected to
commence manufacturing of anti-coronavirus vaccines. An additional outlay of Rs. 197,000 crore
(US$26,578.3million)willbeutilisedoverfiveyearsforthepharmaceuticalPLIscheme.
Ÿ The government has launched a scheme to promote domestic manufacturing of
pharmaceuticals. The scheme aims to set up greenfield plants with minimum domestic value
addition in four separate 'Target Segments' with a cumulative outlay of Rs. 6,940 crore (US$
951.27million)overthenextfiveyears.
Ÿ In May 2021, under Atmanirbhar Bharat 3.0, Mission COVID Suraksha wasannouncedby
theGovernmentofIndiatoacceleratedevelopmentandproductionofindigenousCOVIDvaccines.
To augment the capacity of indigenous production of Covaxin under the mission, the
Department of Biotechnology providedfinancialsupport.
Ÿ A pharma park has been proposed at Bathinda, spread across ~1,300 acres area and project worth
Rs. 1,800 crore (US$ 245.58 million). In April 2021, the Union Government decided to fast-
tracktheregulatorysystemforCOVID-19vaccines.
Ÿ The Ministry of Health and Family Welfare has been given Rs. 73,932 crore (US$ 10.35 billion) in
the Union Budget 2021-22, while the Department of HealthResearchhasbeengivenRs.2,663
crore(US$365.68billion).
Ÿ The 'National Health Mission' was given a budget of Rs. 37,130 crore (US$ 5.10billion) by the
government. Over the course of six years, the PM Aatmanirbhar Swasth Bharat Yojana will
receive Rs. 64,180 crore (US$ 8.80 billion). The Ministry of AYUSH has been given a budget of Rs.
2,970crore(US$407.84million),upfromRs.2,122crore(US$291.39million)previously.
Forecasting Government Initiatives :
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18. Mrs. Aditi Ramchandra Desai
(Women Entrepreneur of the Year)
Mrs. Aditi Ramchandra Desai, a B.Com from
Pune. In February 2000 she got married with
Shri. Ramchandra alias Amar Jayant Desai and
her journey with Alphonso Mango began. She
started looking into the business. Mrs. Desai
liked to meet people, so she decided to start
marketing of the products manufactured by
The LEGACY Brand DESAI BANDHU
AMBEWALE.
The Alphonso mango produced in this region is
widely known as WESTERN ALPHONSO
MANGO. India as you know, shares the honour
and distinction of being the largest producer of
the 'Alphonso Mango', in other words the
supremo of all Mangoes. In the Indian sub-
continent, the Alphonso is only cultivated on
the western coastal ranges in India, popularly
known as the 'Konkan Belt' also called the
'California' of India. In the heart of Konkan, lies
Pawas, Ratnagiri, Maharashtra a town that
boasts of natural organic soil and the sea
breeze, making it the most ideal environment
for Alphonso Mango production. We proudly
announce that The Mangoes Grown in that
region will be called as ALPHONSO MANGO.
TheyhavereceivedGeographicalIndicationfor
ALPHONSOMANGO.
Desai Bandhu Ambewale, a name synonymous
with Mango and Mango cultivation for over 10
decades. Now, they preserve this natural
heritage and are growing it with every passing
day. The business has been started by Shri.
RaghunathDesai,developedandgrownbyShri.
Jayant Desai. Following his steps, they are
proud to tell that their farms are well
maintainedinthehandsofMr.AnandDesa.The
production and processing of mangoes are
under Mr. Amar Desai. Their firm as well as
Mango orchid has bagged many prizes in All
IndiaMangoShow.
Among the other products the main product is
Alphonso Mango Titbits with Alphonso Mango
pulp. This new product is appreciated by the
customersfromUSA,Singapore,Australia,Canada,
New Zealand, Ukraine and so on. The natural color
of the Western Alphonso Mangoes i.e., GOLDEN
YELLOW makes the pulp more colorful with the
natural characteristics of Western Alphonso make
the pulp unique. The delicacy of the produce is
greatly savoured not just by Indians, but the entire
world. Apart from being market leaders in its
category in India, the Desai's export its produce to
countries like Japan, USA, Singapore amongst
others.DesaiProductsalsomanufacturesproducts
from different fruits like Kokam (Garcinia Indicum),
Jackfruit, Amla and export to different countries
andthroughoutIndia.
18

19. Costa Rica
H.E. Mr. CLAUDIO ANSORENA, Ph.D., has been the ambassador
of Costa Rica to India from June 2019. Before that he served as a
consultant for the IADB Costa Rica on Public Investment in Cota
Rica from 2017-2018. He boasts and impressive educational
background with a B.S., in Economics in 1983 from Universidad
Nacional de Costa Rica, M.S. in Economics completed in 1986
from the University of Massachusetts at Amherst,
Massachusetts. Finally completing his Ph.D., in Economics in
1994 from University of Massachusetts at Amherst,
Massachusetts with an emphasis on Macroeconomics, Political
Economy,Development,InternationalTradeandFinance.Hehas
alsobeenavisitingFellowtoHarvardbetween1987-1989.Heis
also a Fullbright Scholar and he has specialized in studies in
projectevaluation,economicplanningandmacroeconomicsinin
developing countries from Harvard University. He also has
completedProjectManagementcourseswithADNUniversity.
H.E. Mr. CLAUDIO ANSORENA
Ambassador
(Embassy of the Republic of Costa Rica)
Global India Business forum is
proud to associate with and offer
Honorary Membership to The Ambassador
of Embassy of Costa Rica
H.E. Mr. Claudio Ansorena.
A peaceful democracy with a strong commitment to environmental protection
In 2021, Costa Rica commemorated 73 years without an army and 200 years of independence. The
abolition of the military on Dec 1, 1948, along with progressive social policies such as free, compulsory
publiceducationanddecisivepublicinvestmentonhealthandeducation,haveledCostaRicatobecomea
prosperous and stable democracy, prioritizing human development, well-being and environmental
protection. Costa Rica is a frontrunner on renewable energy, with almost 100% of the country's
electricity coming from renewable sources at present. It is also committed to reaching net zero-carbon
emissionsby2050.
19

20. One of the most visited
international Destinations
One of Costa Rica's main sources of income is
tourism. Because of its location, warm weather
predominates, but many different microclimates
are found throughout the country. Its landscape is
very diverse, with lush vegetation and stunning
displays of flora and fauna, characterized by exotic
jungles, beaches, and a wide array of terrains and
climate zones. It is also a prime destination for
adventuresportssuchassurfing,raftingandhiking.
Although the country is small and it covers only
0.03 percent of the surface of the globe, it proudly
shelters5percentoftheexistingbiodiversityinthe
entire world. 26% of the country is dedicated to
protectedareasandnationalparks.
Bilateral Trade Agreements Between
India & Costa Rica:
India & Costa Rica enjoy a warm relation that is
being strengthened by the growing commercial
engagement between the two countries. Several
bilateral agreements and MOUs have been signed
to date including, among others, an MOU on
Regular Foreign Office Consultations signed in
2008, an MOU for setting up the centre of
Excellence in Information Technology (CEIT) in
Costa Rica (2009), and an MOU on Technical
Cooperation(2015).AstherelationsbetweenIndia
& Costa Rica keep growing stronger, there is a
significant potential for investment and trade
which the Indian investors and entrepreneurs can
takeimmenseadvantageof.
Business Investment Opportunities:
Costa Rica is an attractive country for investment
and offers great potential for the establishment of
important multinational companies, thanks to the
outstanding academic level of its population, as
wellasthehighstandardofmodernservicesandits
social and political stability. Its business-friendly
environment, close proximity to the USA, and a
large bilingual population make it a 'business-
friendly' country. It has a GDP of US $61.7 billion
dollars and is currently ranked as the #1 per capita
exporter of knowledge-intensive & IT services in
LatinAmerica.Itisknownasthe'siliconindustry'of
Central America, providing an ideal services
platform for the IT sector. Another relevant area
for investment is related to life sciences and the
pharmaceuticals as the market for generic
medicines and biosimilars is currently at $87.29
billionandgrowingatarateof9%perannum.There
are bountiful opportunities in logistics and supply
chain management as well, as Costa Rica has a
robust network of free trade agreements that
provides preferential access to 2.8 billion people
and 75% of the world's GDP, including the USA and
China.
20

21. OVERVIEW ON INFRASTRUCTURE INDUSTRY
Global infrastructure industry contribute 2.99% to global gdp in 2020 whereas,in 2018 the global
infrastructurewas13%ofofworldgdpwhichisaround$10trillionaround3.3billionsofemploymentof
world was only in infracture industry , Before the pandemic, the construction sector accounted for
around7.7percentofglobalemployment,whichremainsinpandemic1.4billionsonly
India is the 3rd Leading Country in Infrastructure Industry, it plans to spend $1.4 trillion on
Infrastructure project through National infrastructure Pipeline. The Indian Infrastructure Industry
Employsover30millionpeopleandtradeassetsworthRs.200billion.Itcontributemorethan5%tothe
India's GDP and 78% to gross capital formation. The Infrastructure primarily comprises of Electricty,
roads,telecommunications,railways,irrigation,watersupply,andsanitation,portsandairports,storing
facilities,oilandGaspipeline.
Highway construction in India increased at a CAGR of 21.44% between FY16-FY19. In FY19, 10,855
kms of highways were constructed. The Government of India aims to construct 65,000 kms of national
highwaysatacostofRs.5.35lakhcrore(US$741.51billion)by2022.InMay2021,MinisterforRoad
Transport & Highways and Micro, Small and Medium Enterprises, Mr. Nitin Gadkari stated that the
government is giving utmost priority to infrastructure development and has set a target of road
constructionofworthRs.15lakhcrore(US$206billion)inthenexttwoyears
A Brief on Important Sub-sectors in Infrastructure Industry
Performance of eight core infrastructure industries
Ÿ The eight core infrastructure industries include coal, crude oil, natural gas, refinery products,
fertilizers, steel, cement and electricity.
Ÿ In March 2021, the combined index of eight core industries stood at 122.5.
Ÿ In October 2020, NITI Aayog and Quality Council of India (QCI) launched the 'National Program
and Project Management Policy Framework' (NPMPF), envisaged to bring radical reforms in the
way infrastructure projects are executed in India.
Ÿ On September 23, 2020, National Thermal Power Corporation Ltd.
Ÿ (NTPC) announced plans to establish industrial parks inside its power projects and has invited
Expression of Interests (EOIs) from Indian firms. infrastructure projects are executed in India.
power projects and has invited Expression of Interests (EOIs) from Indian firms.
21

22. Ÿ The government has given a massive push to the infrastructure sector by allocating Rs. 233,083
crore(US$32.02billion)forthetransportsector.
Ÿ ITandTelecomsectorhasbeenallocatedRs.53,108crore(US$7.30billion).
Ÿ Indian railways received Rs. 1,10,055 crore (US$ 15.09 billion), of which Rs. 1,07,100 crore (US$
14.69billion)isforcapitalexpenditure.
Ÿ Rs.1,18,101crore(US$16.20billion)hasbeenallocatedtowardsroadtransportandhighway.
Ÿ In Budget 2021, the government announced the following interventions under Pradhan Mantri
AatmanirbharSwasthBharatYojana(PMANSY):
Ÿ An outlay of Rs. 64,180 crore (US$ 8.80 billion) over six years to strengthen the existing 'National
Health Mission' by developing capacities of primary, secondary & tertiary care and healthcare
systems&institutionstodetectandcurenewandemergingdiseases.
Ÿ Thisschemewillstrengthen17,000ruraland11,000urbanhealthandwellnesscentres.
Ÿ Settingupintegratedpublichealthlabsinalldistrictsand3,382blockpublichealthunitsin11states.
Ÿ Establishingcriticalcarehospitalblocksin602districtsand12centralinstitutions.
Ÿ Strengthening the NCDC (National Centre for Disease Control) to have five regional branches and
20metropolitanhealthsurveillanceunits.
Ÿ Expandingintegratedhealthinformationportaltoallstates/UTs.
Ÿ Rollingoutthepneumococcalvaccine,a'MadeinIndia'product,acrossthecountry.Rs.35,000crore
(US$4.80billion)hasbeenallocatedforCOVID-19vaccinesinFY22.
Ÿ ThegovernmentannouncedRs.18,998crore(US$2.61billion)formetroprojects.
Ÿ Mega Investment Textiles Parks (MITRA) scheme was launched to establish world- class
infrastructureinthetextilesectorandestablishseventextileparksoverthreeyears.
Ÿ The government announced Rs. 305,984 crore (US$ 42 billion) over the next five years for a
revamped, reforms-based and result-linked new power distribution sector scheme
22

23. Azerbaijan
Global India Business forum is proud to
felicitate The Ambassador of Embassy of
The Republic of Azerbaijan
H.E. Dr. Ashraf Shikhaliyev
with our honorary Membership.
AMBASSADOR PROFILE:
Bornon26March1961inBaku,Azerbaijan,H.E.Mr.
Ashraf Farhad Shikhaliyev has occupied the post of
DirectorfortheAzerbaijanInternational
Development Agency (AIDA), Ministry of Foreign
Affairssince2011. Beforethathewasappointedas
Director for the Department of Economic
Cooperation and Development, Ministry of Foreign
Affairs from 2010 to 2011. He has a degree as an
Engineer in Oil Production from the Azerbaijan
Institute of Oil and Chemistry. He then pursued as
PhDinWaterDesalinationMethods,
Azerbaijan from the Institute of Civil Engineering in
Azerbaijan. He then completed and MBA
programmed in Economics in the St. John's
University in New York, USA. H.E. Mr. Shikhaliyev
has a Master's Degree in Organization and
Management from Sumagyit University. He has
completed another Master's Programme in Project
Management in George Washington University in
USA. He began his career as an engineer in the Oil
ProductionDepartmentoftheAzerbaijanResearch
Institute for Oil in 1982 and continued working
there till 1986, post which he was working as a
Junior Scientific Researcher for the same
organisation from 1986-1988. He his first
appointment in the Ministry of Foreign Affairs was
as Second Secretary in the Department of
International Economic Relations between 1993
and1995afterwhichhebecametheFirstSecretary
for the aforementioned department and served till
1999. In 1999 he was appointed as First Secretary
and then since April 2003- Counsellor, Permanent
Mission of Azerbaijan to the United Nations, New
York, USA. Later in 2003 he was brought back to
the Ministry of Foreign Affairs as Head of Division
to the Deparment of Economic Cooperation and
EconomicAffairstill2004andthenwasappointed
as Deputy Director for the same department till
2005 and then as Director till 2006. After that he
was appointed as Counsellor in the Embassy of
Azerbaijan to the USA in Washington, DC. He
served in this position between 2006-2010. H.E
Mr. Shikhaliyev speaks English, Russian, Turkish
andFrenchtoaddtohisimpressiveprofile.
H.E. Mr. Ashraf Farhad Shikhaliyev
Ambassador (Embassy of the Republic of Azerbaijan)
23

24. BUSINESS OPPORTUNITIES IN AZERBAIJAN:
Azerbaijan Export and Investment Promotion Fund (AZPROMO) is a joint public–private enterprise
established by the Ministry of Economy of Azerbaijan in 2003. The main purpose of the Fund is to
promote the development of the country's economy by attracting foreign investment and encouraging
exports to the non-oil region. Under the AZPROMO Azerbaijan is inviting investment opportunities in
Agriculture, Food Precessing, Tourism, ICT, Heavy Industry, Waste Management, Light Industry
Machinery,Chemicals,RenewableEnergy,ConstructionsandPharmaceuticals.
Azerbaijan has created the Alat Free Economic Zone (AFEZ) to attract national and foreign
investment. Phase 1 of the AFEZ will commence in July 2022. Azerbaijan will promote AFEZ and
invites investors to come and expand their horizons into the country of Azerbaijan. A small excerpt
from a statement by Mr. Valeh Alasgarov, Chairman Alat FEZ Authority, issued in August, 2020. “And
now it is time to share with you our vision for Alat Free Economic Zone (AFEZ), the strategic intent in
developing AFEZ, the type of investors it will attract and why they will choose to locate there and the
economicbenefitsthatwillflowfromthisforourinvestors,ourcountryandourpeople.
Strategic Context: Why AFEZ?
OurPresident'svisionhassetAzerbaijanfirmlyon
the road towards a knowledge-based and
internationally competitive economy, where
Azerbaijanwill:
Ÿ Become a competitive participant in
internationaleconomicrelations,
Ÿ Establish a world class business environment
with energy, transport, transit and logistical
infrastructure,
Ÿ Become a diversified and export-oriented
economycreatinghighadded-value,
Ÿ Further strengthen the role of non-oil sector in
theeconomy.AFEZAuthorityisacentralplayer
intransformingthisvisionintoreality.
AFEZisbeingestablishednexttothePortofBaku.
This strategic geographic location will serve as a
regionalinvestmenthubandboost
competitiveness in the Europe-Cauca- sus-Asia
and North-South transport corridors. It will
intensify local and foreign investment in the
country'snon-oilsector.
Strategic Intent: What will AFEZ do?
It is time to turn the concept of AFEZ into reality.
To do this AFEZ Authority will focus on and meet
the needs of investors by delivering a world class
placetodobusinesswitha:
Ÿ Strategic geographic location next to global
transport corridors, using multi-modal
transport connections to create a sustainable
regional advantage based on a regulatory,
operating and business environment that is
investor-friendly and an investor-friendly
attitude practiced each and every day by each
andeverystaffmember.
24

25. Most important of all is our investor-centric mind set and approach.
Wewillbeselectiveandcarefulinourapplicationofthisapproachtoinvestors.Atthesametime,wewill
select and meet investor needs in a way which adds value for the economy and the people of Azerbaijan.
ThismeansthatAFEZwillservetheneedsofnationalandforeigninvestorswhowill:
Ÿ Engageinhighvalue-addedandexport-orientedmanufacturingandservices,
Ÿ Generateadditionalvaluetotheeconomyinnon-oilsectorsofactivity,
Ÿ Engageininternationallytradedactivitiesusinginnovativetechnologiesandapproachestowork.
To ensure this vision is brought to reality the President of the Republic of Azerbaijan has given full
backingtothedevelopmentoftheAFEZasaworldclassinvestmentlocationandkeyfacilitatoroffuture
developments.Thetaskofplanning,developingandmanagingtheAFEZhasbeenentrustedtotheAFEZ
Authoritywhichhasbeenestablishedforthispurpose
Additionalbenefits
Ÿ Tradefacilitation-basedcustomsregime,
Ÿ Investorpropertyisimmunefromnationalizationorotherrestrictions,
Ÿ Norestrictionsonforeigncurrencyorprofitrepatriation,
Ÿ Voluntaryparticipationinstatesocialprotectionfundforforeignemployees,
Ÿ Easeofaccesstovisasforforeignnationals,
Ÿ On-siteone-stopshopbusinesscentreforappraisalandlicensing,
Ÿ Industrialtrainingcentre,
Ÿ Independentregulatoryauthority,
Ÿ Internationalstandardindependentdisputeresolution,
Ÿ Internationalstandardhealth,safety,labourandenvironmentalregulations,
Ÿ Fullinvestorprotection,
Ÿ Fullprotectionofintellectualpropertyrights.
Wehavetwogoals,bothofwhicharecrucial.
First, we want to create the best possible environment for investors, so that they have all they need to
successfullydobusinessinAFEZ.
Second, we want to show the people of Azerbaijan what the transition to an internationally competitive
and knowledge-based economy means in practice. We are doing this for generations of people of
Azerbaijan so that they learn and practice a new business culture, work with new technologies and
generateinnovativeenterprisestocreaterealvaluefortheeconomyandthepeopleofAzerbaijan”.
25

26. Kavitsu Robotronix
(Emerging Business Icon)
Mr. Kaustubh Phadtare, M.D.of Kavitsu Robotronix has had an
interesting and inspiring business trajectory. Since he was a child,
he saw his father work with machines. As he grew older, the dream
to work with these became his passion. He pursued Engineering in
instrumentation and Control and completed his B.Tech from
Vishwakarma Institute of Technology, Pune. Further he pursued
Masters in Robotics from Newcastle University, UK. Where his
project with ABB robotics which included giving a vision to a
robotic manipulator was very well received. Kavitsu as a brand was
previouslywellknownintheGearboxindustry.
Slew bearings was a relatively new field. Their journey with slew
bearingsbeganwhenhisfathersawarotatinggearinVoltas.Atthat
time, slew bearings was a niche market and everything was either
imported from Germany or China. They discussed this and decided
toMakeitinIndia. That'showKavitsuRobotronixwasincepted.
They did numerous tests and R&D and launched it in the Indian
market. It was well received by the businesses as they were
extremely competent and delivery times were relatively on the lower side as compared with other
counterparts. They proudly say that they are counted amongst India's leading manufacturer and
exporterofslewbearings.
USPofKavitsuis“Fasterdeliveryperiods,extremelycompetitivepricingandquickturnaroundtimefor
services”.ThemainUSPisthattheyprovidehighqualityrepairandrefurbishmentservicesfordamaged
slewbearings,whichcurrentlynooneinIndiaprovides.Theirmissionistocatertothedomesticmarket,
while reducing the burden of imports. They follow our Honorary Prime Minister Mr. Narendra Modi's
conceptofMakeinIndia.
Knowing their customerhelpsthemalotingettingbusiness.Networkingisimportantasthey focused
onsocialmediaforbrandawareness.Notonlythis,KavitsustronglybelievesinQualityoverQuantity. A
happy customer can get you 10 new customers, but a sad and unhappy customer can reduce that
number in 100's, Customer satisfaction should be a priority said, Mr.Phadtare. With his business
acumenandideallifephilosophies,KaustubhPhadtare,isindeedabusinesstycoontowatchoutforand
learnfrom.Hisjourneyonlylooksonwardsandupwardshereon.
26

27. Global India Business Forum Has Signed Mou With Pune Management Association
& Vidhimanya Chamber Of Commerce And Industry
Global India Business Forum is proud to present Pune
ManagementAssociation(PMA)asitsassociatepartner.Itwas
established in 1977 as an independent Trust and Public
Organization. It was founded by all-time great Industrialist-
Late Padma Bhushan SL Kirloskar, Late Mr. VS Vaidya (Swastik
Group), Late Mr. CS Kirloskar (Kirloskar Group), Late Dr. NA
Kalyani(KalyaniGroup)andLateMr.CVJoag(BankofMaharashtra).ThePMAisconsideredtobea
Centreofexcellenceinthearenaofmanagementwhichprovidesthenecessarytoolsandempowers
individualsandenterprisestoexcelintheirventures.PMAprovidesawiderangeofservices,tohelp
better the standards of management practices in India. PMA also organizes conferences, seminars,
relevant training programs/lectures, discussion meetings where experiences are shared,
sponsoring specific research projects, forming study -groups, etc. PMA has its own library and
traininghallfacilitycentrallylocatedatPune.
PUNE MANAGEMENT ASSOCIATION:
Global India Business Forum is proud to present Vidhimanya
Chamber of Commerce and Industry (VCCI) as its associate
partner. The Vidhimanya Chamber of Commerce and Industry,
or VCCI as it is popularly known, is the premier autonomous
MSME Development Organization of business and industry in
India.ThemembershipoftheChambercomprisesseveralofthe
largest corporate groups in the country, with business operations all over the country and abroad.
One of the objectives of the VCCI is to create, develop, setup, promote, acquire, run, manage and
carry on the development, administration and management system for welfare of various Micro,
Small and Medium Enterprises (MSME) without any profits. The VCCI is also known as a Start-Up
Accelerator under StartUp India, Project Implementing Agency under the Ministry of Rural
Development, and Skill Provider under National Career Service. Due to this they are a very unique
PublicPrivateDevelopmentOrganisation.
VIDHIMANYA CHAMBER OF COMMERCE AND INDUSTRY:
27

28. Mr. Animesh Sarkar
The Vice President of Deccan Group, Mr. Animesh
Sarkar is a B.E Mechanical Engineer and Mastered in
IB from Dublin. He has experience working in firms
like Trinity Engineers and L&T constructions. He has
worked at Facebook in the R&D department and has
also received the Young Achievers Award 2021 from
IndianAchieversForum.
Deccan group comprises of 6 ventures namely,
DeccanScandiNAOSAB.,DeccanWaterTreatment,
Deccaleap Technologies LLP, Hair Care Studio, Top
NewsMarathi,DeccanAVMediaServicesLLP.
A new venture for Methanol has been incorporated in collaboration with a Swedish based company
ScandiNAOSAB.,namelyDeccanScandiNAOSAB.Methanolisaclean-burningbiodegradablefuel.Its
environmental and economic advantages are making it an attractive alternative fuel for powering
vehicles and ships, cooking food, land gensets and heating homes. Deccan ScandiNAOS AB aims at
converting all fuel based marine transportation into methanol gensets. Currently, their R&D team is
working on conversion of road transport fuel into methanol to reduce import taxes and paving a way
towards COP 26. Deccan Water Treatment Pvt. Ltd. has been formed with a single motive of making
water more sustainable as a resource. Backed by the most modern technology, they provide a solution
to all water treatment problems under one roof. They don't restrict themselves to a single sector or
region, as their aim is to reach out to the remotest or villages for provision of drinking water and
efficienttreatmentofwastewateranditsrecycling.
DeccaLeap Technologies LLP is a Pune-based start-up, incorporated in 2017.It is an SPV of DECCAN
WATER TREATMENT PVT.LTD. Since its inception, the young start-up has simplified fire
extinguishers by synergizing modern technology with design function, bringing forth effective, easy-
to-operate, environment friendly and life-improving products in fire safety. Fire safety is often
neglected in daily life but is the leading cause of accidents and deaths across the world. DeccaLeap
Technologies aims to use modern technology and innovations to make lives
PAVING THE PATH TO A SAFE AND SUSTAINABLE FUTURE
28

29. e Krishna Sahakari Bank
Dr. Atul Suresh Bhosale
(Promising Business of the year)
The Krishna Sahakari Bank Ltd., Rethare Bk. is now a prominent Urban Co-Operative Bank in
Maharashtra . This Bank was established in the year 1971. By Hon'ble Late. Jayawantrao Krishnrao
Bhosale who contributed immensely for the establishment and growth of bank. The bank was then
beingledbyDr.SureshJayawantraoJiBhosalewhoinspiredvaluesandprinciplesinthebankculture.
Presently Dr. Atul Suresh Bhosale is heading the board of directors as Chairman. The Bank has
recently completed 49 glorious years of service successfully. Transparent operations, personalized
services and professional administration, coupled with social commitment have been the hallmark of
the Bank, which has shown steady growth over the past years and is presently one of the leading Co-
operative Banks in Maharashtra . The Bank has a network of 18 branches & 01 Ext. Counter . Their
bank has expanded its wings in other prominent four districts of Maharashtra viz. Satara, Sangli,
Kolhapur & Pune. The bank has decided to extend area of operation to entire Maharashtra . The bank
hasmaderemarkableprogressinallthesedistricts.
In keeping in tune with the technology developments in banking sector, the bank has Core Banking
System installed hence all the branches provide quick and delightful service to its valued customers.
We are introducing the various schemes introduced by the Government of India under the Pradhan
MantriJeevanJyotiYojanaand PradhanMantriSurakshaVimaYojanawhichisaNationalMissionfor
FinancialInclusion.Bankbesidesmakingallroundprogressinitsactivities,hasnotforgottenitssocial
obligation. Bank has installed A.T.M. centres to offer integrated service to its customers. They have
1,50,000customerbasecurrently.Theynowlookforwardtoincreasingtheirfrontiersofgrowthinall
directions.
29

30. OVERVIEW ON TEXTILE INDUSTRY
Global Textile Industry
Textile Industry is one of the largest contributors to the
country’s exports with around 11.4% share in India’s total
exportearningsforthefiscalperiodended2018-19valuingto
nearly USD 37.5 billion (INR 2,596 billion) and growing at a
CAGR of 7% since 2004-05. The industry is currently pegged
at an estimate of USD 150 billion (INR 10,834 billion) with
75% of the total consumption being witnessed in domestic
market,whileexportsaccountedfortheremaining25%of the
total market size. India ranked 2nd in textile export with 6% of
global share and stood 5th in apparel export with 4% of global
share. In terms of employment, Indian textile industry is the
second largest employer after agriculture, providing direct
and indirect employment to nearly 100 million people in India.
The sector is broadly classified into three categories, with
cotton accounting for 50% share, followed by manmade
fibers and jute textiles Despite the large share in the global
market and contribution of 2.3% of the Indian GDP, the Textile
and Apparel industry has been majorly affected ever since
the implementation of the GST.
BASIC OVERVIEW:-
Global & Domestic Gross Credit Growth In Textile Industry
According to the data released by the Confederation of Indian Textile Industry (CITI), the recovery
for the domestic market is expected to be quite steep post pandemic with domestic market
estimated to reach USD 120 billion (INR 9,074 billion) by 2024. Apparel retail is even projected to
contract by ~USD 27 billion (INR 2,042 billion) in FY 2020-21 as compared to Pre Covid-19
projections for the same period against the ~USD 20 billion (INR 1,512 billion) from the base of FY
2019-20.
30

31. Ÿ AccordingtoIBEFinFY2018theimportofTextilewas39.2%andExportwas7.3%.
Ÿ In the year 2019 the Import was 38.7% and the Export was 7.56%. The Import was 22.9% and Export
was6.06%intheFY2020.
Ÿ IntheFY2021Importisincreasedto26.1%andtheExportincreasedto9.86%.
Global
Import Export
Top Import-Export Destinations of Textile Industry
A c c o r d i n g t o
FICCI's report the
maximum Import
f r o m I n d i a t o
C h i n a i s 3 5 %
followedbyUnited
States Of America
(10%), Bangladesh (9%), Vietnam (5%), Indonesia
(3%),andothercountriesinclude38%ofImport.
A c c o r d i n g t o
FICCI's report the
maximum export
from India to USA
is 24% followed by
U n i t e d A r a b
Emirates (7%),
Bangladesh (6%), United Kingdom (6%), Germany
(4%),andothercountriesinclude53%ofExport
31

32. Forecasting
The textile industry is expected to attract investment of about $120 billion by 2024-25 and create
about 35 million additional jobs in the process. Exports are also expected to rise from the current $39
billion to $300 billion by 2024-25.
Ÿ India’stextileandapparelexportstoreachUSD300billionbyFy25.
Ÿ India’s textile and apparel exports are expected to touch USD 300 billion by 2024-25, resulting in a
tripling of the country’s market share globally from 5% to 15%, according Invest India, the national
investmentpromotionandfacilitationagency.
Ÿ The domestic textile and apparel industry, including handicrafts, stood at USD 140 billion in 2018, of
which USD 100 billion was domestically consumed while the remaining portion of USD 40 billion was
exportedtotheworldmarket.
Ÿ The textile and garments industry in India is expected to reach USD 223 billion by 2021. The textiles
and apparel industry contributes 2.3% to India’s GDP and accounts for 13% of industrial production,
and12%ofthecountry’sexportearnings.
Ÿ Itisthesecond-largestemployerinthecountryprovidingemploymentto45millionpeopleatpresent,
and this number is expected to rise to 55 million people by the end of 2020. FDI in the textiles and
apparelindustrystoodatUSD3.1billionduring2018-19.
Ÿ India is the largest producer of cotton and jute in the world, and the second largest producer of
polyester,silkandfiber.
Ÿ In May 2021, Indo Count Industries Ltd. (ICIL), announced an investment of Rs. 200 crore (US$ 26.9
million)toexpanditsproductioncapacity.
Some steps for betterment:
32

33. The Republic of Malawi, formerly known as Nyasaland is located in Southeastern Africa. It is bordered by
Zambia to the west, Tanzania to the north and north east and Mozambique to the south. It became
independent from the crown in 1964, but gained full independence on 1970. It maintains positive
diplomaticrelationswithmostcountries,andparticipatesinseveralinternationalorganisations,including
the United Nations, the Commonwealth of Nations, the Southern African Development Community
(SADC),theCommonMarketforEasternandSouthernAfrica(COMESA),andtheAfricanUnion(AU).
Malawi has always been a free market economy with a free trade and investment environment. Domestic
and foreign investment is open to all sectors with some restrictions on ownership, investment values and
sourcesoffundsandwheretheendproductisgoing.Itisanagrarianeconomywhichaccountsfor1/3rdof
the GDP; it also exports tobacco, tea, sugar, cotton, rice, groundnuts, textiles and apparels. Despite being
landlocked, it has good transport networks, specifically roadways and railways. These routes provide
tradingopportunitiesfortradinginMalawi,mayitbeimports,exportsordomestic.
IndiaandMalawihavehadtraderelationsfromthe18thcenturyandhadofficialdiplomaticrelationssince
1964,theyearMalawigainedindependence.MalawihasbeenagoodsupporterofIndianagendasandhad
also voted for India onto the U.N. Human rights council. India has provided foreign aid and made
investmentsinMalawiovertheyears.IndianandMalawihavestrongrelationsandtheycanonlygetbetter
andstrongerastimepasses.
BUSINESSOPPORTUNITES:
Malawi has several investment opportunities in areas such as mining, tourism, manufacturing, agro-
processing including fruit juice processing, soya bean oil extraction, integrated cotton industry (spinning,
weaving,ginningincludingcassava);phosphatefertilizermanufacturing;garmentmanufacturing,etc.
MALAWI
Global India Business forum is proud to
associate with and offer honorary
Membership to The Ambassador of Embassy
of H.E.Grace Chupa Deputy High
Commissioner of the Republic of Malawi .
33

34. Top Gear
PERSISTENCY GOT IT, CONSISTENCY WILL KEEP IT
Best MSME Company of the Year – Manufacturing Sector
As per the recent reports there are almost around 6 Lacs Enterprises registered under manufacturing
categoryinIndia.
It'sreallyamatterofprideforustostandasaoneoftheBestManufacturingMSMEoftheYearamongst
the registered MSME's and to receive this honour by hands of Ambassador of Trinidad and Tobago in
presence of MP Mr. Shriniwas Patil and Ambassadors of various other countries to name a few like
Egypt,Indonesia,Ethiopiaandmanymore.
Having a strong domestic manufacturing base (5 manufacturing plants including in-house foundry) is
vital to Top Gear maintaining its leadership in innovating and delivering best in class industrial
gearboxes. That is because precise manufacturing provides an important foundation for creating high
quality products. Manufacturing provides the foundation for many kinds of innovations. If
manufacturing processes are immature or the know-how needed to develop the product or process to
producetheproductistacitandnotwellcodified,youcannotinnovateorproducetheproductsbeyond
customersexpectation.
The key reasons behind Top Gear been rewarded with this title of Best
Manufacturing MSME in India are:
1. ModernandprecisemanufacturingMachineries&Equipments
2. BestinclassinfrastructureavenuessuitableforMassproduction
3. Decadesofmanufacturingexcellence
4. WelldefinedManufacturingProcesses&controls
5. ExperiencedTeam
6. StringentQuality Norms
Eventually, as a result of which today they have developed the world class Products for Indian
Defense (BEML & ISRO), Steel Industries, Coal & Mining, Pharma Industries, Material handling,
Constructionandmanymore.
LEADING GEARBOX MANUFACTURING COMPANY IN SATARA….!!!
Today, Satara is recognized as a prominent manufacturing hub with various reputed companies
operating their manufacturing base here. One of the most crucial reasons for Satara's growth as a
manufacturing hub include low operating costs as compared to the neighbouring Pune, and Kolhapur,
andtheavailabilityofspaceinandaroundthecity.
Recently, there has been a considerable increase in the number of planetary gearbox manufacturers in
Satara. Today, the market consists of 17-20 gearbox manufacturers of varying business volumes,
market share and manufacturing capabilities. Now, competition as substantial as 20 manufacturers
may present consumers a wide range of choice to select from. However, it also brings some challenges.
One of the basic challenges is approach. An Onboarding client on the basis of reduced costs, instead of
quality is among the most popularly adopted approaches to counter competition. Initially, although it
helpsconsumersbenefitonthecostpart,itcanbringquality,maintenanceandoperationalchallengesin
thelongrun.So,toavoidtheabovequality,efficiency,andoperation-relatedissues,andsavecostsinthe
longrun,youneedapartnerlikeTopGearTransmission.
34

35. Top Gear works with a unique approach where the focus is on
delivering top-quality, and high output planetary gearboxes at a competitive price.
INTERNATIONAL BUSINESS EXCELLENCE
Having manufacturing base in Satara, they have created our Global Footprints in more than 20+
countries by consistently supplying gearboxes for wide range of industrial applications meeting the
International customers need and expectations.
35

36. Signing of the Agreement Between the Government of Japan
and the Government of the Republic of India Concerning Reciprocal
Provision of Supplies and Services Between the Self-Defense Forces of
Japan and the Indian Armed Forces.
In New Delhi, H. E. Mr. SUZUKI Satoshi, Ambassador Extraordinary and Plenipotentiary of Japan
to India, and Dr. Ajay Kumar, Defence Secretary, Ministry of Defence signed the aforementioned
agreement. Its purpose is to establish basic terms and conditions of reciprocation of provisions
and supplies between the Self-Defense forces of Japan and the Indian Armed Forces. In essence,
settlementproceduresforthesame.TheAgreementisexpectedtofacilitatethesmoothandquick
provision of supplies and services between the Self-Defense Forces of Japan and the Indian
Armed Forces. The Agreement aims to promote closer cooperation between the Self-Defense
ForcesofJapanandtheIndianArmedForces,andallowthemtoactivelycontributetothearenaof
internationalpeaceandsecurity.
India and The European Union to step up their
Clean Energy and Climate Partnership
India-EU Energy Panel convened on December 1, 2021. The Ministry of External Affairs, Ministry
of Power, Ministry of New and Renewable Energy and Ministry of Petroleum and Natural Gas
from the India and the Directorate General for Energy, European Commission from the EU
participatedandjointlyagreedonadetailedworkprogramuntil2023.Thisprogramwillbeginthe
implementation of the 2016 India-EU Clean Energy and Climate Partnership. The Energy Panel
agreeduponincreasingthetechnicalcooperationintheareaofenergyefficiency,includingalmost
zero energy buildings, renewable energy which includes floating solar, thermal solar and offshore
wind. They discussed about cooperation within the International Solar Alliance. Green hydrogen,
grid integration, including smart grids, storage, power market design, interconnection, cold chain,
and sustainable financing were also parts of this agreement. India and the EU will undertake new
researches and studies and study visits, joint workshops and exchanging knowledge and best
practicesintheseareas.
INDIA - ITALY
H.E. Mr. Mario Draghi, President of the Council of Ministers of the Italian Republic and H.E. Mr.
Narendra Modi, Prime Minister of India, had a bilateral meeting on the sidelines of the G20
Leaders'SummithostedbyItalyinRomeonOctober30-31,2021.
TheleadersacknowledgedtheprogressinbilateralrelationssincetheadoptionoftheActionPlan
for an enhanced Partnership between India and Italy (2020 –2024) on November 6th, 2020. They
spoke about strengthening cooperation in the strategic sectors addressed by the Action Plan,
including the cross-cutting issue of accelerating the clean energy transition to fight climate
change.ThesewerethetopicscentraltoboththeG20Leaders'SummitinRomeandtheCOP26in
Glasgow. The India-EU Leaders' Meeting held in Porto on May 8, 2021, was also in discussion,
where the European Union and India marked the importance and urgency of addressing the
challenges of climate change, loss of biodiversity and pollution and agreed to strengthen
cooperationforadvancingthedeploymentofrenewableenergy.
India - Denmark
Shri Narendra Modi, Prime Minister of the Republic of India, hosted Her Excellency Ms. Mette
Frederiksen,PrimeMinisterofDenmarkduringaStatevisittoIndiafrom9-11October2021.The
two Prime Ministers acknowledged the warm and friendly relations between the countries and
spoke about the encouraging progress between the two countries since the launch of the Green
Strategic Partnership between India and Denmark during their Virtual Summit on 28 September
2020.TheyalsoexchangedMoU'sandsomeofthecommercialMoU'sareasfollows:
·“MoUbetweenRelianceIndustriesLimitedandStiesdalFuelTechnologiesonthedevelopmentof
theHydrogenElectrolyzerandthesubsequentmanufacturinganddeploymentoftheHydrogen
ElectrolyzerinIndia.
·MoUbetweenInfosysTechnologiesandAarhusUniversitytoestablisha'CenterofExcellence
forSustainabilitySolutions'basedinDenmark.
MoUbetweenthe'ObserverResearchFoundation'and'StateofGreen'onstrategiccooperation
topromoteknowledge-sharingonsolutionsandfacilitateresearchonthegreentransitionofthe
economy”.
36

37. Prashant Jadhav
(Young Entrepreneur)
Mr.Prashant Jadhav- Lagrace Group of Companies a trustworthy
brand in the field of Infrastructure, Real Estate, Import Export,
Agriculture, and Software. It has created its own mark in each field
with a team of creative and brilliant personalities. LaGrace
Decorworld started with small projects of interior decoration and
went big owing to their hard work and their hunger for achieving
perfection. The dedication and innovations of their people helped
LaGrace enter the world of real estate. It is currently working on 5 big projects. LaGrace Infraworld is
redefining the infrastructure with ground breaking products which helps smart construction,
minimumuseofmaterial,improvesthespeedofconstructioninminimummanpower.
LaGrace uses recyclable material doe construction, contributing its share to the environment. The
Panels developed by LaGrace have the best strength value in the market and have a very efficient load
bearing capacity. Experts at LaGrace Agro Pvt. Ltd. have researched for years to come up with newer
and healthier solutions for the agricultural sector. They have come up with pure and organic product
range comprising of 35 products for agriculture. Prashant is the wing of the company that provides
solutions for the import export industry of India. It is consistently growing with tie-ups with multiple
countriesandiscurrentlyworkingwiththeSouthAfricanandGulfcountries.
Shivashree Prashant Jadhav is a leader who has taken this group from the ground to the pinnacles of
success. He is someone who has always wanted to be an entrepreneur, and he takes his inspiration
from Chhatrapati Shivaji Maharaj. The wisdom he has gathered over the years has helped him shape
andgrowLaGracegroupofcompanies.Heisavisionarywhoisleadingthemarketwithhisdedication.
37

38. NIGERIA
Global India Business forum is proud to
associate with and offer honorary Membership
to The Ambassador of Embassy of Nigeria
H.E.Mr.Ahmed Sule,High commissioner of the
Federal Republic of Nigeria
H.E.Ahmed Sule
High Commisioner
Nigeria to the Republic of India
H.E.Ahmed Sule is the current High
Commissioner of Nigeria to the Republic of
India.Heisacareerdiplomatandhasawealthof
experience in his field. He began his career in
the Nigerian ministry of foreign affairs and
worked in its various departments namely, the
United Nations department, West African
Affairs Division, Appointment Promotion
Establishment and Discipline Division,
European Affairs Division, Office of the
Honorable Minister of State Foreign Affairs as
wellastheOfficeofthePresidentoftheFederal
Republic of Nigeria. Before his appointment as
High Commissioner of Nigeria to India, he
served in various Missions in the countries of
UK, Saudi Arabia and Canada. He was also part
of the permanent mission of Nigeria to the
UnitedNationsinNewYork,USA.
The Federal Republic of Nigeria is in West Africa
situatedbetweenSaheltothenorthandtheGulfof
Guinea to the south. Abuja is the capital of Nigeria
whereasLagosislargestcityandoneofthelargest
metropolitanareasintheworldandsecondlargest
in Africa. It is a multinational state with over 250
ethnic groups speaking over 500 distinct
languages and identifying with a wide variety of
cultures. May it be business, culture, international
relations, trade, Nigeria has gone from strength to
strength to build itself as a respectable power
among the African nations and on the
international stage. As a founding member of
African Union, it has been prominent in driving
decisions for the future of Africa and developing
relations with the world. Nigeria also holds
m e m b e r s h i p t o t h e U n i t e d N a t i o n s ,
Commonwealth of Nations, Non-Aligned
Movement, the Economic Community of West
AfricanStatesandOPEC.
38

39. History of India and Africa having relations date back to the times of the Roman emperor Augustus.
AfterIndia'sindependencein1947,theyhavebeenveryverbalandsupportiveaboutcountriesinAfrica
getting their independence. After Nigeria gained independence in 1960, Indian Prime Minister
JawaharlalNehruvisitedthecountryofNigeriasincethentherehavebeenfrequentmeetingsbetween
theleadersofthenations.IndiaandNigeriahavenurturedanddevelopedstrongties.Thesetiesarenot
just commercial or political in nature, but they are cultural too as a lot of Indians and Nigerians cross
bordersforeducation,exchangesandtourism.
Commercially,IndiaandNigeriahavehadstrongrelations.Inrecentyears,IndiaandNigeriahavebeen
great allies to each other with their import/export policies. Recent figures show that Indian-Nigeran
trades have been valued at over $11 billion. These are very promising numbers and will only keep
getting better and better year after year. Indian exports to Nigeria are Pharmaceuticals, automobiles,
cars, iron and steel, rice, plastics, clothes and fabrics, engineering equipment, and power sector
componentssuchastransformers,insulatorsandcircuitbreakeretc.
Business opportunities: Investment Opportunities in Agriculture. Nigeria has a total land area of
923,768 sq. km. Real Estate and Construction, Information Communication Technology (ICT), Power,
OilandGas,Transportation,EntertainmentandMediaandSports.
NigeriaandIndiaenjoyverywarmandfriendlybilateralrelations.
Nigeria is India's biggest trading partner in Africa and India is one of the largest buyers of Nigerian
crudeoil.Thereareaboutonehundredandthirty-five(135)companiesownedandoperatedinNigeria
by Indians. There are over fifty thousand Indians in Nigeria being the biggest Indian community in
WestAfrica. Nigeria as the biggest economy in Africa has huge
investment opportunities as the country is shifting its focus from oil and gas to non-oil sectors such as
tourism, entertainment, mining, agriculture, infrastructure development, Fintech, ICT, education,
health, pharmaceutical among others. There is increase in the demand of Indian goods and services in
Nigeriawhichinformedtheevergrowingcommercialandeconomictiesbetweenthetwocountries.
39

40. Since its inception, Dr. Sonune has grown and developed the start-up from
his experiences of management, implementation, growth and expansion of
veterinary services. He has overseen new product launches, raw material
testing, formulation of veterinary products with the Research &
Development team and has managed the entire team of veterinarians,
paravets,groomersandpethandlersPan-India.
He has been pivotal to his marketing, sales and social media strategy. His
knowledgeofproductdevelopmentandproductlaunchtimelinesbasedon
market need and analysis is brilliant. He has handled escalations and
grievances with customers, shared inputs to improve client relationships
and setup a well-trained customer service team. He has been a mentor and
guidetothejuniorveterinariansbysharinghisknowledgeandexperiences
in handling blood transfusions and critical care emergencies seamlessly at
Petsville Dog Boarding. He is also one of the voices behind the #BondedByBlood Initiative which aims
to create an online repository for pet
blood donors and connect recipients
inneedduringemergencies.
Previously working as the Veterinary
Physician & Surgeon at the Animal
Care Super Speciality Hospital at
Banjara Hills, Hyderabad, Telangana
and as the Practitioner for Small
Animals,Dr.Sonunehasadministered
treatmenttocanineandfelinebreeds,
handled X ray diagnostics, conducted
laboratory tests, MRIs, CT scans and
handledemergenciesandcriticalcare
managementforpets.
The fact that Dr. Dilip Sonune has put himself out there to provide the requisite care for our voiceless
friends, is commendable. In a time where we have seen cases of animal abuse across various media and
socialmediaoutlets,Dr.Sonunehasbeenabeaconandaninspirationtoallthosewhoselflesslycarefor
animals.Whenthegoingdidgettough,hekeptgoing.Heprovidedservicesduringthelockdownswhen
the Covid- 19 pandemic wreaked havoc and there was a scarcity of vets due to travel restrictions. The
AnimalWelfareAwardisatestamenttothefactofallhishardworkduringhistimeasapractitionerand
now as Director – Veterinary Services for Wiggles.in. Let us support him in his efforts to provide
servicesandcareandhelptoallpets,petparentsandanimalstheyneedanddeserve.
Dr. Dilip Sonune
(Animal Welfare Award)
Recipient of the Animal Welfare Award, Dr. Dilip Sonune is the Director
of Veterinary Services at Wiggles.in (Sixth Sense Retail Pvt. Ltd.). It is a
pet care start-up in the preventive healthcare space offering products
and services with its headquarters in Pune and operations in Pune and
Mumbai. Wiggles are known for their herbal shampoos, treatment
products, sanitizing products for pets and prevention therapy products.
Alsoknownasakindof“onestopshopsolution”forpetsandpetparents.
40

41. Ericsson To Acquire Cloud Communications Company Vonage
Ericsson has announced its intent to acquire cloud
communicationscompanyVonageina$6.2billiondeal.
With Vonage, Ericsson will be able to modernize its
approachtocommunications,asthedealwillgiveitaccess
to a cloud contact center, communications APIs, and a
voiceoverinternetprotocol(VoIP)solution.Thecompany
is also looking to build on its 4G and 5G networking
technology by taking advantage of the key pieces of the
Vonagefamily.
eBikeGo Gets Into Luxury Ev Space With Acquisition Of
Three-wheeler Brand From Spain
The two-wheeler rental platform for electric vehicles
(EVs) eBikeGo has acquired the rights to manufacture
'Velocipedo'—thesmartelectrictrikeorthree-wheeler—
fromSpanishautomotivecompanyTorrotinIndia.
This acquisition will give eBikeGo an entry into the luxury
EVspace.Accordingtothecompany,Velocipedoisasmart
electric trike that looks like a tadpole tricycle and is
equippedwithtwofrontwheelsandonerearwheel.
These vehicles will be manufactured in Pune starting
from next year and will be available in three models:
personal vehicle, Trick Taxi, and cargo vehicle. The first of
theunitsareexpectedtobedeliveredinSeptember2022.
41

42. CRED forays into corporate finance management, to acquire Happay
CRED on Wednesday said it was acquiring business expense
management startup Happay in a cash and stock deal that would
potentially value the fintech startup at $180 million, as part of its
forayintotheenterpriseexpendsspace.
The deal will help CRED tap the growing business expenses
management market, which has lately been seeing a lot of activity
in the aftermath of the COVID-19 crisis. Enterprise fintech
companies have been instrumental in not only helping businesses
keep a closer eye on their spends, but centralising business credit
cardsaswell.
For CRED, a leader in the credit card spending and repayment
rewards space, the acquisition of Happay will help expand its
offeringtobusinesses.
Turtlemint Acquires Cloud Data Analytics Startup Iophysics Systems
Mumbai-headquartered insurtech platform Turtlemint
announced the acquisition of Pune-based cloud data analytics
company,IOPhysicsSystems,foranundisclosedamount.
With the acquisition, Turtlemint will also take ownership of
IOPhysics' IP and product portfolio, which will be used by the
insurtech platform for internal purposes, the startup said in a
statement.
However, Turtlemint did not comment on the nature of the deal,
whetherall-cashorequity.
With this acquisition, Ashish Gawali, CEO, IOPhysics, will join
Turtlemint as Vice President of data science and data engineering,
while the rest of the team will join Turtlemint's tech and data
scienceteams.
Venture capital firm Blume Ventures incubated HR services unit
PassionConnectmanagedtheacquisition.
42

43. 43

44. Finix Nidhi is a company launchedrecentlyin March, 2021. The Covid- 19 pandemichas shown us that
is the fundamental requisite for a middle-class family to have funds put aside for any crisis. Step-up
FinixNidhiwhoaimtoservetheownpeopleandmakethemawareabouttheimportanceofsaving.
Finix Nidhi's core business is borrowing and lending money between their members. It inculcates the
habitofsavingamongitsmembersandworksonprincipleofmutualbenefit.
Mr.Sachin,fatherofMs.Sonalihasahugeworkforcewhoareworkingforthesamecausebyproviding
them banking services, keeping in mind the lower and middle strata of society and educating them on
theimportanceofsaving.
Their mission is to make it a Non-bank financial
institution (NBFC) under RBI, provide assistance
to a large scale section of the society, to provide
doortodoorservicetoclientsandprovideeaseof
banking.
They provide free life insurance facility to their
clients and promise to plant a tree on their behalf
afterjoiningtheFinixfamily.
Ms. Sonali- Degree and Diploma holder from
Pune University was always inclined towards
learning more about finance since her family was
interested in that section. A Self-learner is what
she proudly introduces herself as and shares her
achievement with her father who helped her
understandnetworkmarketing.
Finix Nidhi is located at an ideal location in Kolhapur City as the market is strong and majority of the
ruralworkforceworksthere.Itisconvenientfordoor-to-doorinteractionforbetterresults.
FinixNidhi'smottosays“Moreincome,moresaving”
WestMaharashtrahaswelldevelopedSahakar
(Co-operative) field which is very renowned and their main motive was to gain people's trust since it
getsdubiouswhenitcomestoprivatesectorbankingfacilities.Theybelievein“womenempowerment
and equal opportunities to all”. They believe in "low Risk
investment”.
Ms. Sonali shares a huge chunk of her success with her
family. Coming from agriculture background Ms. Sonali
always wanted to contribute to this sector and hence came
up with “Farma-Producer Company” and “Food Processing
Unit”whichwillhelpfarmersregardinganyqueriesrelating
to agriculture. They also provide them Agricultural
consultancyandplanningservice.
Inspired by the stupendous achievements of the bravest
ruler, Chhatrapati Shivaji Maharaj and the teachings of
Swami Vivekananda Finix Nidhi promises to reach its
Mission by making it as a Non-bank financial institution
(NBFC)underRBIinfuture.
FINIX NIDHI LTD.
KOLHAPUR
Miss. Sonali Sachin Patil (CMD)
44

45. Krushna Agrotech provides turnkey solutions & expertise to manufacture jaggery in an end to end
manner - from custom designed plant & machinery, to providing a platform for marketing the end
products.
Krushna Agrotech has automated the way jaggery is produced & developed value added products
derived from chemical residue free jaggery. These products offer immense potential to consumers of
allagesandalsoB2Binstitutionalcustomers.
Purpose–
To help farmers with digitized automated technology & marketing support to generate superior
economicrewardsbymarketingofvalueaddedproducts.
Vision-
A)Farmers-Wewillbeapreferredtechnologysupplierhelpingthemtoincreasetheireconomic
+ profits.
B)TraditionaljaggeryProducers-Ourproventechnologyhelpthemimprovetheefficiencies&
deliversuperiorreturns.
C)ForEnd-Consumers-Wewillcreatehighqualityjaggeryfromjaggery,addressingyouth&elderly
population.
Mission-
Innovate the process of manufacturing jaggery in natural way, improve the yield, deploying latest
technologies.
Values-
Consumer & farmer centricity, Knowledge sharing, Ethical & efficient & transparent working,
Continuousinnovation.
Krushna Agrotech
(Women Entrepreneur for
Innovative Product-Jaggery)
45

46. 46

47. Garuda Aerospace
Mr. Agnishwar Jayaprakash
(Promising Business of the year)
BackgroundInformationabouttheBusiness
Garuda Aerospace ,founded in 2016 by Mr. Agnishwar Jayaprakash, alumni of the Harvard Business
School, Entrepreneur, Vice-chairman of Agni College of technology, and the first youngest Indian
swimmer to create national records in six swimming events. Also incepted at the Science reality TV
show named E7ham Arivu which was telecasted in the Dhoordharshan channel show. The idea for the
start-up took birth when the director of the show thought it would be an amazing idea to drop
chocolatesonthefinestperformersusinganUnmannedAerialVehicle.ThegemoftheideaforGaruda
Aerospace'sdrone-basedoperationswasplantedrightthereonthestageofthesameshow.
BusinessOfferings
GarudaAerospaceisrapidlyemergingasthepioneer&marketleaderintheDroneasaSolution(DaaS)
sector. Equipped with the largest drone fleet in the country consisting of 300 UAVs and 500 pilots
across 26 Indian cities, Garuda Aerospace has transcended into India's most reliable drone startup
with unravelling operational expertise. The firm offers affordable drone-based solutions coupled with
allied software and analytical tools to increase efficiency & reduce costs in various organizations. At
Garuda they seek to create and deploy technical solutions that will empower and promote growth
while also acting as a growth tool for the country. They create drones that solve challenges for
organizations in a cost-effective way that contributes to the bottom line by strategically aligning
business growth goals across all industries, regardless of the stage of development. At Garuda
Aerospace, they're working for a brighter future, and are excited for India to become the global drone
capital.
USP&Specialityofthebusiness/brand
They have designed drones for 38 different applications, with separate departments for
manufacturing parts, importing parts from other countries, sourcing parts from domestic partners,
foreign institutional R&D partners, and indigenous autopilot division, and finally an assembly line for
testing and calibration. They provide Robust Automated Drone Technology Services, as well as strong
software and analytical tools, and they also provide economical drone-based solutions along with
allied software and analytical tools to boost efficiency with untangling operational experience. The
solution they suggest is based on their operational expertise with government and private clients, and
it has been shown to boost efficiency by 120 percent while lowering costs by over 45 percent globally.
They have designed Agricultural Drones that help with agricultural production, crop growth
monitoring, and agriculture operations optimization. Farmers hugely benefit from their sensors and
digital imaging capabilities that provide precise data. By using agricultural drones to process data and
take appropriate action, they assist farmers all around the country in increasing crop yields. Their
droneservicesareproventoshowavarietyofdifficulties,includingirrigationchallenges,soilvariance,
andpestandfungusinfestations.
47

48. Challengesfacedwhileestablishingbusinessandcurrentlyaswell
It is a renowned fact that all businesses went down during the pandemic, which was very challenging for
them as well. Despite the pandemic, they did some smart thinking and proposed their drones to bolster
the covid-19 battle of over 10 states throughout India. Well-being departments have also used these
Drones to disinfect huge areas in a fast span and deployed their loudspeaker drones for covid protocol
announcements, and load-carrying drones for delivering essentials to the containment zones, and it
worked. They took the clean and care in their hands to provide a healthier future for India and in that
mission,theymadesurethattheystandbythesamenomatterwhat.
Expansionplans,otherbusinessavenues
They have achieved market domination and the first-mover advantage in several areas in India and they
furthermore aim at proving numerous revolutionary drone-based solutions in a variety of industries.
They strive to make the company a classic Make in India story that has been patient, consistent, and
quality-driven.Apartfromthedronestart-up,theyhavebeenhandling9otherbusinessesundertheAgni
groupofcompanies.
Mantrasofsuccess,personalideologies,Quotes
There's always a most sensible solution to most problems. Sometimes, one easily finds a solution within
thegraph;atothertimesoneisanoutlier.Conjecturesaremany.However,onethingiscertain.Innovation
is the answer, and that's exactly what they believe in at Garuda Aerospace. He have always admired and
beeninspiredbyDr.APJAbdulKalam,andhisideologies.Healways addaquotebyhim,whichsumsmost
of his beliefs as an entrepreneur. “Those who cannot work with their hearts achieve but a hollow, half-
heartedsuccessthatbreedsbitternessallaround.”
Mr. Agnishwar Jayprakash
48

49. Vinayak More
(Young Entrepreneur)
Ananda industries is a startup firm in trading. CFL distribution was started thereafter by the company.
Initiallyin2015thecompanywasstartedinNashikandwithin8-9monthsthebusinesswassuccessfully
expanded in three more talukas. Developing an amazing product is one of the hardest challenges that a
company can overcome and one of the biggest predictors of success. But strong customer relations is
what will truly determine the success of a business. They believe that better service lead to good
relations with the customers due to which they could do their sales against renowned companies like
Bajaj,Crompton,CFL,etc.
As we are aware how the LED technology is in the lead people often tend to opt for it more and hence
they decide to introduce the company to LED technology and having good experience with CFL
previously turned out to be an advantage which eventually led to greater customer satisfaction and
greaterresults.
After experiencing boom in the result they came up with Lightline Bulb. Initially importing raw material
from China in SKD form and were assembled in India . They also produced LED tube lights, panel lights,
street lights, flood lights, sensor light volume on large scale. Within two and a half years they expanded
their business in five districts with 250+ active counters. Adding to it they now have 100+ products of
Lightlinebrandandsincefrompast5-6yearstheyareexperiencinghugesuccessinthisfield.
Customersatisfactionistheirmainaimandtheywillcontinuetoprovidethebestserviceavailable.
Website:http://anandaindustry.com/
49

50. SANSAM ELECTRICAL SYSTEMS
AboutSansamElectricalSystems:
Having their business in electrical & automation contracting from past
six years. In such short duration they have successfully managed to
work on HT/LT, Industrial and Commercial projects. Their customers
include ABB Ltd; Rohini Indl Electricals, Emco ltd, Schneider India ltd,
Sauter race India Pvt Ltd, Sharon Bio−medicines Ltd, M/S GTL limited,
Lasons Pharma Ltd, M/S Sa−Ford A.G. Germany. Aiming to provide
their expertise & services to their customers in the most efficient
manner. Delivering the best to the customer at minimum cost is what
they consider their motto. They believe that providing the best quality
services to its customers is the foundation of Sansam Electrical
Systems.
AboutProprietor:−
The proprietor Mr. Rajendra Patil is an electrical engineer with 15 years of experience in Electrical
construction business. He is well verged with modern techniques in electrical construction & latest
methodologies.HehasworkedwithGODREJ,INTEGRONandROHINIasaprojectmanager.
KeyExperienceAsProjectManagerOfMr.RajendraPatil:
Installation, Testing Commissioning Of:− D.G. sets, Transformers, L.T. / H.T. Lines, substations, VCB
stations, switching yards up to 220Kv Commercial & Residential installations comprising multistorey
residential towers, malls, multiplexes, offices; resorts etc. Industrial installations such as Refineries,
Bulk drug plants, API Plants, Formulation plants, cold & hot rolled steel plants, foods & FMCG
installations,etc.
Installation, Testing Commissioning Of:−D.G. sets, Transformers, L.T. / H.T. Lines, substations, VCB
stations,switchingyardsupto220Kv Commercial&Residentialinstallationscomprisingmultistorey
residential towers, malls, multiplexes, offices; resorts etc. Industrial installations such as Refineries,
Bulk drug plants, API Plants, Formulation plants, cold & hot rolled steel plants, foods & FMCG
installations,etc.
Fieldwork:-
1) IndustrialInstallations:-Pharmasector,Steelsector,edibleoilrefineries,industrialElectrical
construction,supply&installationofprocessinstrumentsinallsegments.
2) CommercialelectricalInstallations:-Formalls,multiplexes,offices,superstores,highrisetowers.
servicesincludeentireelectrification,IBMSsystemsimplementation,safetyengineering.
3) H.T./L.T.Installations:-Transformers,L.T./H.T.Lines,substationsUPTO400KV,switchingstations,
D.G.setsofanysize.
50

51. 51

52. Student
Council
OBJECTIVES:
Ÿ Tocreateanetworkofstudentsindifferentstreamsofeducation.
Ÿ Tocreateanetworkofinstitutions.
Ÿ
Ÿ Topromotestudentexchangetoursbetweeninstitutionsacrossborders.
Ÿ
Ÿ Tocreateanenvironmentthatisinclusiveandconducivetogrowthanddevelopment.
Ÿ
Ÿ Organisingwebinars,seminarsandvirtual/physicalopendays.
Ÿ
Ÿ Facilitateafreeflowofideasacrossthestudentsandinstitutionsacrossthiscouncil.
Ÿ
Ÿ Provide assistance to those aspiring to study abroad through the council in terms of easier access to
toolandinformationforalladmissionandvisaprocesses.
Ÿ
Ÿ Developscholarshipplansfordeservingstudents.
Global India Business Forum (GIBF) is
offering student memberships for
those students interested in exploring
opportunities across their borders
without any hassles. Through these
memberships we will establish a
student council which will be engaged
throughout the world. This student
council will be a direct portal into
different institutions and allow
students across the world to explore
and learn and witness different the
diversity of programs offered by
various institutes all over the world.
This student council will create a very
diverse and inclusive environment for
students who are unable to go abroad
for any reason and give them access to
all they right on their fingertips. It will
also create a network of institutes local
andforeignonanunprecedentedscale.
52

53. Venue
Pragati Maidan, New Delhi
Date and Time -03 Dec 2021-05 Dec 2021
Organiser
Global India Business Forum & Gartex
Texprocess India
Gartex Texprocess India is a comprehensive tradeshow on the garment & textile manufacturing value
chain. The event includes Garment & Textile Machinery, Trims, Accessories, Denim, Laundry Show,
Digitex, Embroidery Machinery, and showcasing of various equipment. The show is targeted to address
the interests of buyers who wish to find solutions in this industry segment. Acting as the definitive
gateway to provide excellent quality and one-stop selling and sourcing platform, the event will
showcaseproducts,services,andtechnologiesrelatedtothecompleteproductionchain
Venue
Hitex Exhibition Center, Hyderabad, India
Date and Time -04 Dec 2021-05 Dec 2021
Organiser
Global India Business Forum & Pharma B2B Expo
“Pharma B2B Expo Is A One Solution For All Pharma Business Needs” PharmaB2B Expo, would offer an
opportunity to ponder on Pharma trends and discuss solutions. Besides discussing upcoming and latest
innovativetherapies,itshallbeatimeforsharingthoughtsandmeetingwithbusinessassociates
Ÿ Pharmatrendsanddiscusssolutions
Ÿ Discussupcomingandlatestinnovativetherapies
Ÿ Sharethoughtsandmeetwithbusinessassociates
GARTEX TEXPROCESS
PHARMA B2B EXPO
53

54. Venue
Punjab, India
Date and Time -10 Dec 2021-12 Dec 2021
Organiser
Global India Business Forum & Olampia
Exhibiation Pvt.Ltd
FOODTECH ASIA Organized by Professional and pioneer organizations in exhibition industry from
India Olampia Exhibition Pvt.Ltd. This Mega Event will Promote Food Processing Machinery, Bakery &
Dairy Machinery ,Packaging Machinery & Materials, Catering Display & Equipments, Commercial
Kitchen Equipments, Ice Cream Machinery & Plant, Cold Room & Storages Systems, Juice Processing &
Filling Machinery ,Dairy & Bakery Products , Cleaning Products & Laundry Machinery, Spices & Edible
Oil,Food.
Venue
Gurugram, Haryana, India
Date and Time -10 Dec 2021-12 Dec 2021
Organiser
Global India Business Forum & Indian Institute of
Corporate Affairs
AzadikaAmritMahotsavisaninitiativeoftheGovernmentofIndiaandtocelebrateandcommemorate
75 years of progressive India and glorious history of its people, culture and achievement, we have
pleasure in informing you that Indian Institute of Corporate Affairs (Ministry of Corporate Affairs),
Confederation of Micro, Small & Medium Udyam (CI-MSMU) and Satyug Darshan Institute of
Engineering & Technology (SDIET) are celebrating the 'Azadi ka Amrit Mahotsav' the initiative by the
Government of India by Co-organizing the “MSME National Summit” revolving around the theme - “Let
us Join Hands, Rejuvenate & Realign our Vibes and commitment for building Saksham and Samarth
VishwaguruBharattoleadtheglobalfraternity”onDecember10,2021
The event will bring together entrepreneurs and industrialists. Interactive discussion about what kind
oftechnologyandresourcescanhelpthemtoincreasetheiroutput?Andwhatbenefitstheycanavailby
expandingorestablishingtheirbusinessinIndiainmanufacturingandservicesector.
We also intend to include an interactive session - "Facilitation of business and trade between India &
Malawi" so that participants from Indian business fraternity can explore import and export related
tradeandbusinessopportunitywithin Malawi.
MSME NATIONAL SUMMIT
FOODTECH ASIA
54

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