Manish namdev

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VDMA-Newsletter “Indien”, Ausgabe 01/2013
Kontakt: Oliver Wack, Telefon: +49 69 6603-1444
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INDIA
Contact:
Rajesh Nath, Managing Director
Jamly John, Regional Manager - West
Telephone: +91 33 2321 7391
Fax: +91 33 2321 7073
E-mail: vdmaindia@eth.net
The Economic Scenario
Economic Growth
The economy is likely to witness a growth rate of 6.8% in 2013 driven by the reform push of
the government. India's GDP is likely to register 5.5% growth during 2012, much below the
expansion level achieved in the previous year. However, growth is expected to revive in the
next year.
GDP is likely to clock a growth rate of 6.8% during 2013 as policy environment improves,
investment conditions revive and inflationary pressures abate. India's growth rate had fallen to
nine-year low of 6.5% in 2011-12 fiscal. The economy grew by 5.3% in the July-September
period this year, while in quarter ended June 30; the economy grew by 5.5%.
The year 2013 is likely to see resurgence in the industrial activity and modest upturn in the
services sector which would support revival in growth levels. The pace of reforms that has
been started must continue uninhibited and needs to be effectively implemented so that it
translates into tangible investment decisions.
In order to boost investment activity and overall growth momentum, the government initiated a
slew of reforms like -- allowing FDI in multi-brand retail, aviation and broadcasting, hiking
diesel price, capping the number of subsidised LPG cylinders, opening up pension sector to
foreign investment and raising the FDI cap in insurance to 49%.
The Foreign Investment Promotion Board (FIPB) has cleared foreign direct investment (FDI)
proposals worth € 43.08 million (Rs 280 crore). Among the key proposals that got a nod for
allowing FDI investments is Ivy Cap Ventures proposal to allow NRI investments through the
normal banking channel.
01/2013
Please Note:
1 crore = 10 000 000
1 lakh = 100 000
1 Euro = Rs.65

Indian Economic and Industrial Scenario, Jan 2013 VDMA INDIA Office
Kontakt: Oliver Wack, Telefon: +49 69 66031444
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The FIPB also approved downstream investments of Spanco Power Distribution. While IT
major Wipro got approval for transfer of shares by way of swap. This was consequent to
demerger of non-IT activities. GPX India got clearance to issue equity shares to foreign
collaborators against import of capital goods. FIPB deferred the proposal of Yalamanchili
Software Exports for share swap.
RBI is expected to start easing policy rates from January 2013 in cognisance of the
moderation in demand side pressures to inflation and greater than anticipated slowdown in
growth. Easing of policy rates will be conducive for the investment of the domestic economy.
Though inflation levels are much above the Reserve Bank's comfort zone of 5 - 5.5%, it is
showing some signs of easing in recent months.
Expressing India’s commitment to fiscal prudence, the Government will contain deficit at 5.3%
of GDP in the current year, and bring it down to 4.8% in 2013—14. The Government is
committed to lowering the fiscal deficit by 0.6% every year for the next five years. Rising
expenditure on subsidies has put pressure on Government finances. This has prompted the
Government to raise the fiscal deficit target for the current fiscal to 5.3%, from 5.1%
announced in Budget.
Already, the spate of reform initiatives launched since August last year has brought some
comfort to the foreign investors. There is some investor confidence returning after
policymakers took some big missteps in last budget, leading to negative business sentiments.
The proposed introduction of GAAR and retrospective amendments to bring indirect share
transfers to tax had irked foreign investors. Clearly, India's policy momentum has been
significant since August and the market has also responded with 22% jump in dollar terms.
Fuelled by strong growth prospects and easy liquidity conditions, private sector investors are
expected to pump in € 0.82 trillion ($1.11 trillion) into the emerging markets including India in
2013. An international lobbying group for financial firms, private capital flows to emerging
economies would rise to € 0.82 trillion ($1.11 trillion) in 2013, a 3.5% growth from an estimated
$1.10 trillion last year. The flows are expected to rise further to € 0.85 trillion ($1.15 trillion)
next year.
The private capital flows to emerging Asia including India, China and Indonesia should remain
close to their 2011 high of € 404.78 billion ($547 billion). The share of emerging Asia in total
private capital flows should average 46% in 2013 and 2014, just short of the 50% in the
previous two years.
FDI inflows to India will be lifted by the opening up of previously closed sectors and the
withdrawal of controversial tax plans, although infrastructural deficiencies and administrative
hurdles will remain dampening factors.
The improvement in global sentiment from the third quarter of last year is reflected in revived
foreign interest in the region’s stock markets. In India, the resumption of the reform
programme is on course to lift foreign purchases of domestic stocks to € 15.54 billion ($21
billion) in the fiscal year ending March 2013 from € 5.62 billion ($7.6 billion) in 2011-12.
After investing € 17.76 billion ($24 billion) in Indian equities in 2012, foreign investors have so
far infused € 2.07 million ($2.8 billion) in 2012. There had been a strong revival in flows into
the emerging economies since mid-2012, even though overall investment dipped slightly to
€ 0.81 trillion ($1.10 trillion) last year from the 2011 level of € 0.79 trillion ($1.08 trillion).
The overall inflows in 2012 were slightly lower than in 2011, despite a strong pick-up in
momentum in 2012 H2, partly driven by the unfolding dramas in the Euro Area (where
stresses peaked in late July). However, the capital flows to Latin America and emerging Asian
economies are now 30% above the level in 2007, before the global financial turmoil.
India’s economic situation is expected to change for better in the coming months, although the
fiscal deficit target set by the Government seems to be unachievable in the current scenario.
The economic situation has somewhat turned better in the last six months. Further, there is an
expectation of situation to be much better in the short- to medium-term horizon at both industry
as well as firm level.

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Industry Scenario
Steel
India retains 4th spot in steel output with 76.7 million tonnes
India’s rank in the world order of steel production remained unchanged at fourth slot with an
output of 76.7 million tonnes, despite logging the highest growth of 4.2% among major
producing nations in 2012. There was no change in the top three steel producing nations with
China, Japan and the US retaining their slots in the respective order in 2012.
India was world’s fourth largest steel maker in 2011 and 2010 as well with a total production of
73.6 million tonnes steel and 69 million tonnes respectively. It had clinched the third spot in
2009, but the US grabbed the slot since 2010. India’s growth in steel output was, however, the
highest at 4.3% in 2012 among top five major steel producing nations.
20% safeguard duty on stainless steel import from China
The Indian government has imposed safeguard duty at a rate of 20% on imports of a certain
variety of stainless steel from China to protect domestic players. The duty has been imposed
on hot rolled flat products of stainless steel-304 grade (up to a maximum width of 1605 mm).
The safeguard duty will be effective for a period of 200 days from the date of the notification,
unless revoked, superseded or amended earlier. Safeguard duty is a WTO-compatible
temporary measure that is brought in for a certain time-frame to avert any damage to domestic
industry from cheap imports.
The government currently levies 5% import duty on imports of stainless steel. India has a
surplus stainless steel production capacity at about 3.5 million tonnes per annum. Of this,
about 0.8 million tonnes per annum gets exported. Despite this, the industry estimates that
imports from China, amounting to about 2.5-3 lakh tonnes in a year, are taking place largely
due to cheaper rates offered by the Chinese manufacturers.
China currently produces about 12-13 million tonnes per annum, which is much more than
their consumption at about 9 million tonnes per annum. The Chinese production is expected to
rise to 20-25 million tonnes per annum in two-three years.
Among the domestic producers, Jindal Stainless, with a capacity of 1.8 million tonnes per
annum, accounts for about 50 % of total domestic production. Other major players include
Salem Plant of SAIL, Viraj Steel and Mukand Ltd.
Jindal Steel bags € 76.92 million (Rs 500 crore) order from Power
Grid
Jindal Steel and Power (JSPL) has received € 76.92 million (Rs 500 crore) order from Power
Grid Corporation of India (PGCIL) for supply of 80,000 tonnes of steel. The PGCIL will use this
steel in setting up two transmission towers in Southern India.
The company will supply rolled back angle sections for tower packages associated with 765
KV d/c current Vamgiri—Khammam—Hyderabad transmission line and 765 KV d/c
Nagapattinam—Salem—Madhugiri transmission line. Jindal Steel was emerged as the lowest

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bidder for the order. Also, JSPL further reinforces the strength, credibility and tenacity of the
company’s products.
Bhilai Steel inaugurates new - end foraging plant for hi tech rails
Bhilai Steel Plant has inaugurated a new end-forging plant at its Rail & Structural Mill for
forging of thick web assymetric rails. The new unit was inaugurated in January. The new end-
forged ZU - 1- 60 profile of rails would be used to manufacture track switches for the Indian
Railways. This new unit is slated to be an important milestone in the field of import
substitution.
SAIL's Bhilai Steel Plant, the sole supplier of rails to Indian Railways including long rails in
lengths of 130 and 260 metre, has begun commercial production of this new profile of rails. At
present, this profile is being imported by Indian Railways. The new end-forging plant has been
installed at a cost of € 7.01 million (Rs 45.54) crore successful development of the thick web
assymetric rails and installation of end forging facilities has bolstered SAIL's strength in
meeting the requirements of Indian Railways.
Automobile
Indsur to set up an engine block facility of € 19.23 million (Rs 125
crore) in Gujarat
Indsur group would set up a facility for auto engine block making in Vadodara at an investment
of € 19.23 million (Rs 125 crore). It will be the first fully automated plant for manufacturing
engine blocks in Gujarat, which is fast developing into an auto hub.
The facility will produce 4-cylinder blocks, tractor blocks compressor housing and similar
products, and will have an annual production capacity of 30,000 tonnes.Gujarat is a paradise
to create these facilities given the presence of large automobile companies. Indsur's global
presence will help create and develop world-class infrastructure in this fast-growing space.
The company has entered into a tie-up with a US-based engineering firm to lead the design
and engineering of these facilities. Indsur Group also has established a product engineering
cell at Houston, Texas ( USA) to develop existing as well as future products. The group
already has facilities for manufacturing gear and gear components for automobiles in
Aurangabad, Mumbai and for insulator castings in Vadodara and China.
Indian auto components industry could outpace China in the
coming years
The Indian auto and auto components industry can be expected to surpass China's growth
path by 2021. India is pegged annual growth for the industry at the rate of 12% from 2012 to
2021. The industry is in a comfortable position to beat this estimated growth rate driven by
robust demand from OEMs or original equipment manufactures coupled with growth in the
replacement market as vehicles age and exports improve with scale, as was seen in China.
An analysis of per capita income and auto sales from 1991 to 2011 suggests that automobile
sales growth is highly dependent on per capita income and can be predicted with a high level
of confidence by using that measure as an independent variable. India is seven years
behind China and possesses similar economic traits to those seen in China in 2003-04, when
per capita income stood at € 2590 ($3500) on a PPP basis, where India currently stands

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today. After this point consistent growth of not less than 30% in car sales was seen.
Based on this premise, companies with a technological edge, global scale advantage or
dominance of a niche such as Bosch, Motherson Sumi and Balkrishna Industries are set for
tremendous growth.
Cheaper spares to benefit Toyota, Honda, Nissan, Ford as import
tariffs from Asean to fall by 50%
The new year is expected to give automobile industry some respite, as import tariffs for critical
components imported from the Asean block, India's largest trading partner, are slated to halve
from January, thus cushioning the impact of incessantly rising costs of auto components.
Automakers were reeling under a hike in prices on five occasions in 2012.
Carmakers such as Toyota, Honda, Suzuki, Ford and Nissan are likely to be the key
beneficiaries when the lower tariffs kick-in. The lower tariffs will cover major components such
as brakes, gears, airbags, fuel tanks, suspension system, steering systems and seat belts.
The tax will be halved to 5% from January onwards, from the existing 10%. The tax would
finally be eliminated when total exemptions under the Indo-Asean free trade agreement (FTA)
for these critical parts take effect in December 2013.
Indian automakers have been increasing imports from Asean and China to drive benefits of
cheaper priced components. The imported auto components form over 30% of the total Indian
domestic market. Imports from Asean countries have also shown rising trend with Thailand
leading the pack and emerging as the largest exporter of engines. Around 32% of engines
imported by India, especially in the diesel segment, come from Thailand with major importers
being companies like Toyota Kirloskar Motors and Ford India.
Indians to lookup to Lamborghini soon
Lamborghini, the maker of super sports luxury cars from the Volkswagen Group, has launched
its Aventador Roadster model in India at € 0.73 million (Rs 4.77 crore). The car has been
selling well the world over, and the company hopes it do well in India too.
They are focusing on getting the right products and creating the right network with proper
penetration. They expect the market to grow steadily and consistently and the Indian market
has been growing for Lamborghini. They grew 21% in 2012 selling 17 cars and hope to grow
faster in 2013. They expect the market which is 100 units-strong currently, likely to grow five-
fold to 500 units.
As per the trend in the past, the customers have been moving up to premium brands like
Mercedes Benz, BMW and Audi. The next step is Porsche and then super sports luxury cars
like Lamborghini and Ferrari. They are already present in the Mumbai and Delhi markets with
their exclusive showrooms and planning to set up showrooms in Chennai or Bangalore this
year.
The company forsees India to be among the top 20 countries for Lamborghini in the next five
years, from the top 50 currently. From 1% of our total sales it could grow to at least 3-4 % in
the next five years.
Tata starts making Jaguars in Pune
To make its cars more affordable for Indian buyers, Mumbai-based Tata Motors has started
assembling the Jaguar XF at its new facility in Chakan near Pune. This has allowed the
company to offer the luxury saloon at € 6.85 lakh (Rs 44.5 lakh) (ex-showroom, Mumbai),
pitting it directly against the BMW 5 series and the Mercedes Benz E Class.
So far, the Jaguar XF was imported from the UK as a fully-built unit. The car was launched in
the country in 2010 for € 7.44 lakh (Rs 48.37 lakh). However, subsequent increases in import
charges led to a rise in its prices.
The Jaguar XF is Jaguar Land Rover’s second model to be assembled in India. In May 2011,
the company started manufacturing the Land Rover Freelander 2 at the Chakan assembly
plant. Jaguar XF models manufactured at Chakan would have the 2.2-litre diesel engine; this
is the first time such engines would be available in the Indian market.

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Power
HHV Solar to double capacity to 60 megawatt
Armed with € 3.38 million (Rs 22 crore) that it will get from Swelect Energy Systems (formerly,
Numeric Power Systems), Bangalore-based HHV Solar plans to double its solar module
manufacturing capacity to over 60 megawatt. HHV has sold 49% stake to the Chennai-based
Swelect Energy. HHV Solar manufactures solar modules of crystalline silicon technology.
Swelect is a leading solar power systems integrator, which has built over a 1,000 rooftop solar
projects across the country, and has put up two 1 megawatt ground-mounted plants. In
February 2012, the company divested its core UPS business to Legrand of France for €
128.77 million (Rs 837 crore).
Last year, the company spoke of plans to enter into storage solutions also, riding over the rich
experience as UPS manufacturers. Therefore, in Swelect, HHV Solar has a captive customer.
HHV Solar achieved a turnover of € 14.62 million (Rs 95 crore) last year. HHV Solar also has
another business — it manufactures equipment to produce solar modules based on
amorphous silicon technology. It also produces some amorphous silicon modules.
Welspun Energy commissions 15 megawatt solar plant in Rajasthan
Welspun Energy Ltd has commissioned a 15 megawatt solar photovoltaic power project in
Rajasthan, well ahead of time. The € 2.22 billion ($3 billion) Welspun Group has been
developing and operating power projects across India. In Maharashtra and Gujarat, it is
operating 64 megawatt power plants. The company won three projects worth 50 megawatt
capacity at the auction under the Jawaharlal Nehru National Solar Mission, and has completed
the first. The remaining two projects of 15 megawatt and 20 megawatt are close to completion
and adding that the entire 50 megawatt capacity would be commissioned in the coming
weeks, much ahead of their contractual schedule due in February.
The 50 megawatt solar projects would reduce carbon emissions to the extent of 78,000 tonnes
annually. The projects are situated in Phalodi Tehsil of Jodhpur district in Rajasthan. The three
solar projects are expected to generate total electricity of 90 million kWh in a year. Welspun
had quoted a tariff of € 0.12 (Rs 8.14) unit for the first 15 megawatt unit. The 50 megawatt
projects are set to produce energy enough to light up 2.5 lakh homes.
The company has also won a 130 megawatt solar PV project in Madhya Pradesh, which will
be the largest solar project to be developed by any company in India. The project would be
commissioned by end of 2013. The company is also developing 2,000 MW thermal plant in
Madhya Pradesh; 660 MW plant in Maharashtra; 200 MW solar plant in Rajasthan; 100 MW
solar power plant in Gujarat and 100 MW solar power plant in Madhya Pradesh. Over the next
three years, the company expects to generate 6,000 MW of thermal power, 500 MW of solar
power and 500 MW of hydro power.
Tata Power looking for more hydro projects
Tata Power is actively looking at opportunities to develop hydro projects as part of efforts to
boost its renewable energy portfolio which is expected to make up about one-fourth of its
overall generation capacity by 2020. The country's largest private power producer is already
developing hydro projects in India, Nepal and Bhutan. At present, Tata Power has a hydro
power generation capacity of 447 megawatt in Maharashtra.

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Tata Power and Norway-based SN Power's joint venture is developing an 880 megawatt hydro
project in Tamakoshy, Nepal. The entity has also bagged the 240 megawatt Dugar hydro
electric project in Himachal Pradesh. Further, Tata Power is implementing the 114 megawatt
Dagachhu hydro project in Bhutan.
Tata Power has aggressive plans of generating 26,000 megawatt by 2020 and intends to have
a 20-25% contribution from 'clean power sources' which will include a mix of hydro, solar,
wind, geothermal and waste gas generation. Currently, the company has an installed
generation capacity of 7,700 megawatt. In the renewable energy segment, besides hydro,
Tata Power is working on various solar, wind, geothermal and waste gases-based power
projects. It has an operational capacity of 375 megawatt in wind energy and 28 megawatt in
solar power.
Suzlon wins order for 22 megawatt of turbines
Wind turbine maker Suzlon Energy has signed a contract for a 21.75 megawatt project with Sri
Kumarswamy Mineral Exports Private Limited (SKMEPL), Bellary. The project comprises nine
units of Suzlon’s S66 – 1.25 megawatt and five units of Suzlon’s S88 – 2.1 megawatt wind
turbines. The project is set to be commissioned in the Dindigul and Tirunelveli district of Tamil
Nadu by the end of March 2013.
SKMEPL has an existing installed capacity of 29.25 megawatt from wind energy projects
developed by Suzlon, operating in sites across Karnataka, Tamil Nadu and Maharashtra. This
new order will augment the existing renewable energy portfolio.
Paper & Printing
Dependence on paper imports set to rise
With 8% annual consumption growth amid almost no fresh capacity additions, the country’s
supply deficit in paper is likely to widen in the coming years. Of the € 5385 million (Rs 35,000-
crore) paper industry’s annual operating capacity of 12.75 million tonnes, output in 2011-12
was 11 million tonnes against the consumption (including newsprint) of 11.23 million tonnes, a
deficit of 0.23 million tonnes. The deficit would widen to hit 1.25 million tonnes in 2013-14 and
around 2 million tonnes by 2015-16.
India’s paper consumption to hit 14 million tonnes by 2015-16 and 20 million tonnes by 2020.
The estimated yearly rise is a million tonnes. However, manufacturers have failed to announce
any significant capacity additions. A major reason is rising cost of production due to the lack of
a captive plantation policy, unlike in North and Latin America, Scandinavia, Australia, Japan,
Indonesia and China. Mills in India have to depend on small and scattered plantations or
government-controlled forests for pulpwood. In the process, at times the cost of collection and
transportation works out to be greater than that of the pulpwood. The total input cost has made
the industry most uncompetitive in comparison to the major producers of the world.
The subdued global economic scenario, particularly in the US and Euro zone is currently
impacting the world paper market. In this backdrop, India presents an exciting destination. The
paper consumption is poised for a big leap forward, in sync with economic growth, and would
overtake the gross domestic product growth rate as had happened in other economies at a
similar point. Consequently, paper import is set to increase. India imports only certain
speciality papers and paper board, mainly coated varieties and art paper. From 0.3 million
tonnes of paper and paper board imports in 2005-06, inward supply rose to 0.5 million tonnes
in 2010-11, around 5% of the total consumption of paper and paper board. Almost similar
quantities of paper/paper board are exported.

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In newsprint, the country imports more than half its demand; it also exports a very small
quantity. During 2010-11, nearly 1.22 million tonnes was imported against total consumption of
around 2 million tonnes. About 9,000 tonnes was exported. Companies here fear that major
competitors from Indonesia and China are set to push large quantities into the lucrative Indian
market. The developed economies, traditional importers, face renewed signs of economic
recession. And, while the US and European Union have punitive import duties, India does not.
The paper industry is both energy-intensive and resource-intensive. Innovation to overcome
these challenges will drive the future of the industry.
HP strategizes for digitizing the folding carton market in India
HP has been working on its strategy to capitalise on the trend of digitisation in packaging and
labels. Folding cartons is a segment, which according to HP has tremendous growth
opportunity. The packaging in the coming few years will play a very critical role in the off-shelf
shopping.
HP (Asia Pacific and Japan) has towed the same line and stated that HP will be concentrating
not only on the press but also the post-press segment catering to the packaging segment.
Flint Group to inaugurate new manufacturing plant in Vadodara
Flint Group India, the ink manufacturing giant has shifted its manufacturing plant from
Bengaluru to Vadodara. The new Vadodara plant will be inaugurated at the end of January
2013.
With a rapidly growing packaging industry in India, Flint Group is keen to cater to customers in
this market. They already have an ISO 9001-2000 certified mother plant for packaging inks in
Bangalore and blending units in Baroda, Noida and Savli, supported by depots at Pondicherry,
Kolkata, Hyderabad and Navi Mumbai and are proud about the fact that they are in a position
to support the market even further with their new plant in Savli.
The Vadodara plant meets European standards in terms of processes and safety. It consists
of separate areas for the manufacturing of water-based, toluene-based and toluene-free
solvent-based inks.
Next to the expansion of its packaging inks manufacturing operations in Poland and the
acquisition of Torda, this is another important investment in a growth region for Flint Group’s
Packaging and Narrow Web division this year demonstrating its strong commitment for
continuous growth in the packaging segment.
Ports & Shipping
ABG Shipyard plans to spend € 769.23 million (5000 crore) for
Gujarat Coastline
In an endeavor to improve the coastline of the state of Gujarat, largest Indian ship-building
giant, ABG Shipyard Ltd., is all set to endow a sum of € 769.23 million (Rs. 5000 crore). This
initiative, the third of its kind in Gujarat from ABG, is likely to generate jobs for 4500 people
approximately.
Apart from this, Dahej and Magdalla are other spots in line where ABG plans to put in an
expected sum of € 307.69 million (Rs. 2000) crore to develop its amenities there. The

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shipyards at both these sites are quite large already, the Magdalla yard at Surat being quite
more refined with a wde variety of facilities at the same time.
L&T bags additional order from Defence Ministry for 18
interceptor boats
L&T has received an order valued at € 68.77 million (Rs 447 crore) from the Defence Ministry
for the construction of 18 high-speed interceptor boats for the Coast Guard. This follows the
earlier contract worth € 150.31 million (Rs 977 crore) for 36 similar vessels.
With this order, L&T is positioned as the foremost Indian shipyard in terms of capability to
indigenously design and construct the largest number of Interceptor Boats for the India’s
Ministry of Defence. Designed and constructed by L&T entirely in-house capability, the first of
these boats has already been delivered to the Indian Coast Guard.
The interceptor boat is a ‘planing craft’, capable of achieving speeds exceeding 40 knots. Built
with a full aluminium-alloy light-weight hull, it is powered by a twin water-jet propulsion system
to enable quick response — crucial for coastal surveillance. The boats are expected to
significantly enhance the country’s coastal security.
JNPT box terminal project to get € 67.69 million (Rs 440) crore FDI
DP World, the Dubai Government-owned port company, will make an equity investment of Rs
€ 67.69 million (440 crore) in the recently awarded container terminal project at Jawaharlal
Nehru Port. The Foreign Investment Promotion Board has cleared the investment proposal of
Hindustan Ports Pvt Ltd, a company newly constituted in India by DP World, to implement the
project.
The cost of the project — a 330-metre berth — originally estimated at Rs 600 crore, is
expected to exceed € 138.46 million (Rs 900 crore). The berth will have the capacity to handle
eight lakh TEUs per annum, which could be augmented to one million TEUs, with better
equipment and deeper draught.
DP World, the lone bidder, was awarded the project after agreeing to share 29.09% revenue
with the landlord port. The concession agreement is expected to be signed by end of this
month. The bidder hopes to complete the project in less than two years. This will be the
second project of DP World at JN port
.
The company already owns and operates a container terminal — Nhava Sheva International
Container Terminal at the port. DP World, reportedly looking at restructuring its operations in
India, may bring all its local assets under one company — Hindustan Ports. The company
owns four container terminals in India — NSICT at JN port, Mundra in Gujarat, Chennai
terminal and Vallarpadam Transhipment Terminal at Kochi.
Garment and Leather
Textile majors Vardhman, Oswal to foray into state
The spinning industry in Gujarat is set to witness foray of major North and South Indian
players like Vardhman, Oswal Spinning and Cosmo Group as part of the summit in Gujarat. At
an anticipated investment of over € 1076.92 million (Rs 7,000 crore), the summit will see
commitments for close to 3 million spindles, exceeding the state government's target of 2.5

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million spindles. It is not only players from outside the state like Vardhman and Oswal
Spinning that have evinced interest for setting up spinning units but also within Gujarat.
For the next five years, the state government has set a target of installing 2.5 million spindles,
commitments for which it believes will exceed during the summit. They are anticipating MoUs
for over 3 million spindles worth over € 1076.92 million (Rs 7,000 crore). Major players from
North India like Vardhman, Oswal Spinning and a consortium of 50 spinners from South India
under the Cosmo Group have also evinced interest among these.
The state government has also come up with a textile policy with a five 'F' focus including
'Farm to Fibre to Fabric to Fashion to Foreign'. Earlier in September 2012, Gujarat had
announced Gujarat Textile Policy 2012. Titled as 'Navi Gujarat Vastraniti', the policy looks to
attract investment of over € 3076.92 million (Rs 20,000 crore) as well as creating new
employment opportunities for over 2.5 million people in next five years.
Gujarat is keen to see at least one lakh spindles being develop every year. With the given
resources, it will take, on an average, around € 3.08-3.85 million (Rs 20-25 crore) of
investment in Gujarat for setting up a spinning unit of minimum 12,000 spindles.
Mafatlal Industries enters joint venture with Al Fahim Group to market
textiles
Mafatlal Industries has forged a 51:49 joint venture (JV) with Dubai-based Al Fahim Group for
marketing and distribution of its textile brand in the GCC (Gulf Cooperation Council) and
African countries. Through the JV, Mafatlal (with a minority stake of 49%) would be selling
school uniforms, corporate wear, bed sheets and towels under the co-brand Al Fahim Mafatlal
in the region.
Mafatlal wants to enhance its presence through MBOs (multi brand outlets) rather than
investing behind more standalone stores. They would like to have a presence in malls through
MBOs rather than single brand stores with value added products such as bed, bath and gifting
items as well. Mafatlal is already supplying its bed and bath collections to cash-and-carry
formats such as Carrefour and Bharti Walmart, along with a host of other retailers such as
Shoppers Stop and Lifestyle. E-commerce is another avenue which the textile company
intends to tap into in the future.
Centre to help leather industry grow in state
While the Union government is keen to lend a helping hand to the leather goods industry in
West Bengal, unless there is state co-operation, they will not be able to achieve Central's
schemes, which will not reach the people. The Indian Leather Products Association which
developed West Bengal's 60-acre leather goods park at Bantalla hopes to double leather
exports by 2014-15.
Eastern India's current share in India's total exports of leather goods is well above other areas
of the country. The region provided 52% of India's total leather goods exports in 2011-12.
India's leather industry is fast growing, with leather exports going up by 33% between 2010-11
and 2011-12.
General
Slowdown in US, Europe may hit engineering exports
India is unlikely to meet even the lowered engineering exports target of $60 billion for the
current fiscal due to slowdown in the key western markets such as the US and Europe. Overall
it is deficient but more than 90% of the last year’s achievement will be done. We are trying
about thinking in terms of € 40.7- 42.18 billion ($55-57 billion) (in 2012-13). The engineering
export promotion council has set a target of € 53.28 billion ($72 billion) at the start of the
current financial year but later revised it downwards to $60 billion keeping in view of the
decline in demand from the traditional markets.
With the present trend going with key destinations like USA and European Union, its
apprehensive on how the developments will take place. Both these places are suffering and
inturn the exports are suffering too. The US and Europe together account for over 60 per cent
of India’s total engineering exports.

11
During April-November 2012, engineering exports dropped 7.5% to € 26.64 million ($36 billion)
compared to the same period last year. The decline in engineering exports is in sync with the
country’s overall exports that fell 5.95% year-on-year to € 140.008 billion ($189.2 billion) in the
first eight months of the current fiscal.
Engineering exports include transport equipment, capital goods, other machinery/equipment
and light engineering products like castings, forgings and fasteners. During 2011-12,
engineering exports grew 17% to € 43.07 billion ($58.2 billion) compared with € 36.78 billion
($49.7 billion) in the previous fiscal.
Om Metals bags orders from BHEL, Moser Baer
Hydro-mechanical engineering company Om Metals Infraprojects has bagged orders worth
€ 6.23 million (Rs 40.5 crore) from BHEL and Moser Baer. The first order is from BHEL to
execute the hydro-mechanical works for a 28 millionwatts hydro-electric power project in
Nyaborongo district at Republic of Rwanda, Africa.
The scope of activity includes design, fabrication, manufacturing, transportation, erection,
testing, commissioning etc. The project is expected to be completed by December 2013. Om
Metals has also received order from Moser Baer Power Madhya Pradesh Limited (MBPIL) to
execute the hydro-mechanical works. This 2,520 millionwatts project is one of the biggest
thermal power projects where in Om Metals will be installing 7 radial gates.
The company is engaged in the supply of hydro-mechanical equipment including general and
mandatory spares for hydro-mechanical works which is expected to be completed by March
2014. This power project is situated in the district of Anuppur, Madhya Pradesh.
Infotech eyes bigger overseas buyout targets
Mid-sized engineering services firm Infotech Enterprises has altered its overseas acquisitions
strategy and nearly doubled the investment outlay for a foreign buy. As against its earlier
strategy of buying foreign firms for around € 7.69-9.23 million (Rs 50-60 crore), the Indian
outsourcer is now looking at spending € 15.38 million (Rs 100 crore) or more for each foreign
target.
The Hyderabad-based firm, which counts global aerospace giants Airbus, Boeing and Pratt &
Whitney among its key clients, would spend at least € 15.38 million (Rs 100 crore) on global
acquisition this time. In 2010, Infotech bought two USbased defence and telecom engineering
services firms — Daxcon Engineering and Wellsco — each for around € 7.69 million (Rs 50
crore). The company, which had a revenue of Rs 1,550 crore last fiscal, has cash reserves of
over € 76.92 million (Rs 500 crore) with no debt on books to help go aggressive on inorganic
growth. They have already shortlisted half-a-dozen companies in the European market and a
deal with one of them will be sealed during this quarter.
The company is looking at acquiring a foreign firm engaged in electronics and embedded
software to help strengthen Infotech's presence in the area. Of the two US acquisitions made
in 2010, Daxcon Engineering provides engineering and manufacturing consultancy services to
the aerospace, defence and mining sectors while Wellsco is a telecom engineering services
provider. While companies like HCL Technologies with which they compete are earning more
than € 444 – 518 million ($600-700 million) from the electronics division, they earn only around
€ 22.2 million ($30 million) from this category. This is the main reason why Infotech wants to
increase its focus on electronics and embedded software.

12
Focus State – Delhi
Governor: Shri Tejindra Khanna
Chief Minister: Smt Sheila Dikshit
General Facts
Area (sq km) 1483 sq kms
Total Population 16.7 million
Literacy Rate 86.3%
Airports
Terminal 1 (Domestic), & Terminal 3 (Domestic and
International) in New Delhi
Infrastructure
Roads
Delhi has total road length of around 31,432 km. About 80 km of National Highways
run through the state. It is maintained by National Highways Authority of India (NHAI).
The Finance Bills of the last few years have laid increased emphasis on the transport
sector. Considering the need for improvement of the facilities, the sector has been
receiving significant financial allocation. Action has been taken to implement the
Delhi Integrated Multi Modal Transport System (DIMTS). The existing road network is
being upgraded and express highways and freeways are being constructed along key
routes in Delhi and the NCR. The “Golden Quadrilateral” project of the National
Highway Authority of India (NHAI) directly connects Delhi to other major markets and
cities of the country.
By Air
The Indira Gandhi International Airport (IGIL), one of the busiest in the world is
located about 16 km from the New Delhi city centre. In July 2010, the terminal 3 of
the airport was inaugurated which will enhance the passenger handling capacity of
the airport to 60 million passenger annually. The newly operationalised terminal 3 is
spread over 500,000 square metre area and is equipped with 95 immigration
counters, 168 check in counters and 78 passenger boarding bridges to handle 34
Million Passengers Per Annum (MPPA) and 12,800 bags per hour. The planned
ultimate design capacity of the airport is 100 MPPA. A ‘Cargo Village’ is also being
developed to make the airport a focus point of cargo movement.
Railways
Delhi is well connected by rail network to other parts of India. A significant part of trade is
supported by the strong railway link. State capitals of India and a few other important cities are
connected with Delhi by high-speed, air-conditioned and comfortable ‘Rajdhani Express’ trains.
There are three main railway stations at: New Delhi, Old Delhi and Hazrat Nizamuddin. The
Delhi Metro Rail Corporation (DMRC) was registered in 1995 under the Companies Act, 1956,
for development of Delhi Mass Rapid Transit System (MRTS). DMRC has equal equity
participation from the Government of India and Government of National Capital Territory of
Delhi (GNCTD). The objectives of the Delhi Metro Rail are as follows: To cover the whole of
Delhi with a metro rail network by the year 2021. Delhi Metro to be of world-class standards in

13
terms of safety, reliability, punctuality, comfort and customer satisfaction. Delhi Metro to
operate on commercial lines, obviating the need for government support. As of August 2011,
more than 2 million commuters travel every day in metro rail operating on six lines, covering
166.93 km (excluding 22.7 km of airport express line). With operationalisation of all the routes
planned in Phase-III, total route length of metro rail will be over 306 km by 2016. The airport
metro express, route connecting the Central Business District and Delhi International Airport, is
covering a distance 22.7 km in 20 minutes.
Economy
Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the
largest metropolis in the country. Delhi shares its border with the states of Uttar Pradesh and Haryana.
Delhi has a cosmopolitan culture with a mix of languages in use. English and Hindi are commonly
spoken for everyday transactions. Punjabi, Bihari and Haryanvi, etc., are the other languages used. It is
home to the Union Government of the country and the State Government offices. Delhi is the epicentre
of international politics, trade, culture and literature in India. The Delhi state is divided into 165
administrative villages under nine districts. The Union Government’s area is managed by the New Delhi
Municipal Council (NDMC).
Being the seat of the Central Government, Delhi has an important position in the country in
terms of formulation of policies. It has also become an important centre for trade and
commerce with a number of key industry associations being present. The state also hosts
several trade conventions and fairs throughout the year.
Delhi has emerged as a key state with immense scope for development of the services
industry such as Banks and Financial Services Institutions (BFSI), IT and ITeS, Consulting,
etc. It is a prominent agri-trade centre of the country as well as a preferred tourist destination.
Many of the global corporations have offices in the state. The state proposes a wide range of
fiscal and policy incentives for businesses under the Industrial Policy for Delhi, 2010-2021.
Additionally, the state has well drafted sector-specific policies.
Delhi has well developed social, physical and industrial infrastructure and virtual connectivity.
It has an international airport and well developed rail and road infrastructure. There has been
significant infrastructure and environmental development in Delhi over the last 20 years. Delhi
has a stable political environment with a single-party government. The State Government has
been committed towards creating a progressive business environment.Delhi attracts skilled
and semi-skilled labourers from across the country. It has a large pool of skilled and semi-
skilled labourers, who serve the requirements of various industries.
At current prices, the Gross State Domestic Product (GSDP) of Delhi was € 48.39 billion (US$ 65.4
billion) in 2011-12. Between 2004-05 and 2011-12, the average annual GSDP growth rate was 16.6%.
The growth was driven by the expansion of the services sector. Banking and insurance, real estate,
trade, tourism and communications were driving the progress in the sector. At current prices, the Net
State Domestic Product (NSDP) of Delhi was about € 45.95 billion (US$ 62.1 billion) in 2011-12. The
average NSDP growth rate between 2004-05 and 2011-12 was about 16.7%.
The state’s per capita GSDP in 2011-12 was € 2860.39 (US$ 3,865.4) as compared to € 113.84 (US$
1,505.2) in 2004-05. Per capita GSDP recorded CAGR (Compound Annual Growth Rate) of 14.4%
between 2004-05 and 2011-12. The state’s per capita NSDP in 2011-12 was € 2713.80 million (US$
3,667.3) as compared to € 1051.54 (US$ 1,421.0) in 2004-05. The per capita NSDP increased at an
average rate of 14.5% between 2004-05 and 2011-12.
Commerce and trade has a greater contribution in Delhi’s economy as compare to manufacturing and
agriculture. In 2011-12, at € 39.59 billion (US$ 53.5 billion), the tertiary sector contributed 81.8% to the
GSDP of Delhi at current prices, followed by secondary sector which contributed € 8.36 billion (US$
11.3 billion) (17.3%). At a CAGR of 17.9%, the tertiary sector has been the fastest growing among the
three sectors from 2004-05 to 2011-12. The growth has been driven by trade, hotels, real estate,
banking, insurance, transport, communications and other services.
Delhi’s economy is primarily dominated by knowledge based service industry such as information
technology, consulting etc. Also, the state has small scale industries which are mostly non-polluting.
Commonly grown crops in the state are wheat, rice, jowar, maize, millet and vegetables. In 2010-11,
18,400 tonnes of potato and 27,300 tonnes of onion were produced in the state. In 2010-11, the total
production of wheat in the state was around 111,033 tonnes. The total food grain production in the state
was around 210,354 tonnes in 2010-11.

14
The Food Corporation of India (FCI) was set up under the Food Corporations Act, 1964, of the Union
Government to meet the objectives of the Food Policy.
Over the years FCI has played an important role in controlling supply, prices and disaster management
in times of droughts, etc. The corporation is headquartered in Delhi. The Indian Agricultural Research
Institute (IARI), the country's premier national institute for agricultural research, education and
expansion, has a centre in New Delhi. The Indian Council of Agricultural Research (ICAR), an
autonomous organisation under Ministry of Agriculture, Government of India is also headquartered in
New Delhi. The institute is the apex body for coordinating, guiding and managing research and
education in agriculture including horticulture, fisheries and animal sciences in the country.
According to the Department of Industrial Policy & Promotion, the cumulative FDI inflows from April
2000 to January 2012 amounted to € 23.83 billion (US$ 32.2 billion*). Of the total outstanding
investments of € 76.29 million (US$ 103.1 billion) in 2011-12, the services sector had the highest
share of investments at 69.5%. Investments were also made in real estate (18.3%) and electricity
(10.7%) sectors in 2011-12.
Urban Infrastructure
Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), a total of 23 projects costing
€ 1087.21 million (US$1,469.2 million) have been sanctioned for Delhi during 2008-09 and 2010-11.
The key projects focus on traffic management plan for designated areas, sewerage system
improvement, drainage, storm water drains, roads, flyovers, roads over bridge and urban renewal plans
along with heritage conservation.
According to the Delhi 2021 Master Plan, special emphasis has been laid on improved solid-waste
management policies. The short-term goals are: capacity building with respect to financial services and
performance management, effecting trial runs of collection and waste-reduction schemes, developing
transport, land-fill sites and transfer stations for waste and focussing on bio-medical and hazardous
waste management programme. With respect to traffic management, the focus in the master plan is on
developing integrated multi-modal transport system, creating infrastructure for alternate transport, e.g.,
bicycles, creating an environment for public transport prioritisation by customers and improving
suburban railway with technology upgrade.
On the industrial infrastructure front, the state has taken a number of development initiatives such as re-
development of industrial clusters, maintenance of industrial areas under PPP (Public Private
Partnership) model. The State Government has initiated a set of prestigious projects including those in
industrial infrastructure for the specific sectors, through the Delhi State Industrial and Infrastructure
Development Corporation Limited (DSIIDC).
The Delhi Metro Rail Corporation Limited (DMRC) has conceptualised and developed a world-class IT
park complex comprising IT Park Block-1 (operational), IT Park Block-2, which is ready for occupancy
and IT Park Block-3 (yet to be constructed). The complex is situated very close to Shastri Park metro
station.
Social Infrastructure
Delhi has a literacy rate of 86.3% according to the provisional data of Census 2011; the male literacy
rate is 91% and the female literacy rate is 80.9 per cent. As of 2009-10, there were 50 pre-primary
schools, 2,586 primary schools, 583 middle level schools and 1,824 senior secondary/secondary
schools in Delhi.
The State Government has proposed to spend € 293.41 million (US$ 396.5 million) on education
sector in 2012-13 accounting for 12.67% of total plan outlay. At the intermediate college level, courses
in the science, arts and commerce streams are offered. Vocational courses are offered in the fields of
agriculture, engineering and technology, home science, paramedical, business and commerce, and
humanities.
Cultural Infrastructure
Delhi’s rich history is reflected in its forts, monuments, palaces, gardens and bazaars that were created
by its rulers during the different periods of their occupation. The remains of a large number of such
historical places and monuments are the sites of attraction for visitors and tourists in Delhi. In addition to
these historical places, a large number of gardens, buildings, playgrounds, institutional buildings,
markets and event places were constructed by the British till 1947 and thereafter by the Government of
India and Government of Delhi. In addition, Delhi and the NCR have number of convention centres, golf
courses, hotels, restaurants, and recreational centres offering international standard of services.

15
Delhi was the host city for Commonwealth Games 2010. For its successful organisation, the State
Government had taken up 59 projects/schemes directly related to games. Some of the major
projects/schemes were as follows:
Construction of Thyagraja stadium.
Renovation and expansion of the Talkatora, Shivaji and Chhattrasal stadiums.
Construction of a training indoor stadium at Ludlo Castle.
Construction of water treatment plant and sewerage-water treatment plant at the games village.
IT system for commissioning a dedicated communication network system.
Major Industrial Projects being implemented
Name of the project Promoter Cost € million Industry
Modernisation of Delhi
International Airport Lease-Develop-
Operate-Transfer
€ 1383.50 Airports
Badarpur Elevated
Highways
Build- Operate-
Transfer - Toll
€ 54.69 Roads
Integrated Municipal
Waste Processing
Complex at NDMC
Compost Plant Site,
Okhla
Build- Owner -
Operate- Transfer
€ 10.43 Urban
Development
Key Industries in the State
The location advantage, policy incentives and infrastructure in the state support investments in sectors
such as IT/ITeS, Banking and Financial Services Industry (BFSI) and tourism activities. According to the
Delhi 2021 Master Plan, sophisticated hi-tech industries will be promoted with special emphasis on high
value-added products. The plan emphasises on industrial development without effluents, smoke and
noise pollution. According to the Industrial Policy for Delhi 2010-2021, the Delhi Government will
develop world-class infrastructure within planned industrial estates to promote industrial growth. The
government is also encouraging activities allied to industries, such as consultancy, information
technology, training of skilled manpower through vocational training programmes and entrepreneurial
development programmes.
Banking
The city is home to a number of private and public banks and financial services institutions. These
business houses deal in banking transactions, documentations, negotiations, loan agreements, etc. The
city also has commercial banks, industrial banks and some of the leading foreign banks. The service
points are spread across the city while Connaught Place, Chandni Chowk, Barakhamba Road are the
key points in the city where the key offices of a large number of organisations are located.
Agri & Food Processing
The city has a number of agriculture trading markets and food processing industries. It acts as a nodal
location for exchange of goods with Northern parts of the country because of good connectivity and
supporting infrastructure. There are nine principal markets and 12 different submarkets for trade of
agricultural produce in Delhi. The main food trade markets are located in Narela, Azadpur, Tikri Kalan,
Shahdara, Bagh Diwar, Keshopur, Gazipur, Najafgarh and Mehrauli.
Contruction & Real Estate
There are several infrastructure development companies located in the state. These companies are
involved in construction of residential and commercial complexes, townships, power projects, hospitals,
hotels, schools, roads and public utility infrastructure.
IT and ITes
There are a number of software companies in Delhi. These organisations are involved in the businesses
of Enterprise Resource Planning (ERP), Structured Query Language (SQL) server, Document
Management System, Customer Relationship Management (CRM), software development, Active
Server Pages (ASP), web developer, online office automation, etc. E-commerce companies in Delhi
offer services such as registrations of domain names, tele-billing, electronic signatures, web hosting,
etc. The units are spread across the state. With Government focussing on the sector, the prospects are
very bright for IT related businesses and other knowledge-based industries such as consulting.
NASSCOM, the premier trade body and the chamber of commerce of the IT and BPO industry in India

16
is headquartered in New Delhi. The members of the association account for over 95 per cent of the
industry revenue and employ over 2.24 million professionals. Enabling institutions such as Software
Technology Parks of India (STPI), a society set up by the Ministry of Information Technology,
Government of India for encouraging, promoting and boosting software exports from India is also
located in New Delhi.
Key Projects under planning
Name of the project Promoter Cost € million Industry
Delhi-Gurgaon Highway Build-Own-Operate-
Transfer - Toll
€ 114.18 Roads
Delhi-Noida Toll Bridge Build- Owner -
Operate- Transfer
€ 65.64 Roads
Construction of 197 Bus-
Q-Shelters in NDMC area
Build- Owner -
Operate- Transfer
€ 2.44 Urban
Development

17
Seminars & Exhibitions
SMM India 2013
Date Venue Organizer Profile Products/ Participants
04April–06April2013
Bombay
Exhibition
Centre
Mumbai
Retrospect:
2011
Exhibitors: 100
Visitors: NA
Countries :NA
Hamburg Messe und
Congress GmbH
Messeplatz 1, 20357
Hamburg
Hamburg, Germany
Tel: +(49)-(40)-3569-0
Fax: +(49)-(40)-35692203
E-mail: info@smm-
india.com
Website: www.smm-
india.com
SMM India is the
world's leading
shipbuilding trade
fair, which means
experience, quality,
competence,
networking and
service.
. Shipbuilding
. Shipyard industry,
Maritime services, Ship
sections, Ports
. Port technology,
Shipyard installations
and equipment, Offshore
technology, Prime
movers
. Propulsion systems,
Cargo handling &
logistics, Dredging,
. Maritime and training
institutes, Ship operation
equipment, Information
technology
. Software, Electronics .
. Communications,
. Research organizations,
Marine technology,
Marine equipment,
Navigational equipment
& aids.
INMEX India 2013
Date Venue Organizer Profile Products/ Participants
8Oct–10Oct2013
Bombay
Exhibition
Centre
Mumbai
Retrospect
2011:
Net Area: 5970
sq. mts
Total Visitors:
6672
Total No. of
Exhibitors: 542
Countries
Participated:
NA
IIR Exhibitions Ltd
4th Floor, Maple House
149 Tottenham Court
Road
London
Tel :+ 44 (0)20 7017 7019
Email :
guru.prasath@informa.com,
satyam.chopra@informa.com
Website:
www.inmexindia.com
INMEX India is the
premier
international
maritime expo and
forum. The event
has grown
substantially since
its inception in
1999 and now
offers even more
value to both Indian
and International
exhibitors.
. Navy
. Coastguard, Port
authorities
. Government & private
ports, Shipping
companies Owners
. Managers, Ship building/
. Ship design
. Shipyards, Dredging
companies, Offshore & .
Oil rig companies, Cargo
handling
. Logistic service
providers, Equipment
manufacturers
. Distributors, Maritime
institutions & services

18
Special Rates at Hotels in India
We have negotiated special rates for VDMA member companies with Taj Group, Oberoi Group & ITC
Group of Hotels covering not only the major cities like New Delhi, Mumbai, Kolkata, Chennai,
Bangalore, Hyderabad but also other destinations in India like Goa, Agra, Rajasthan, Kerala and many
others.
The discounts range from 25% up to 45% depending on the city and the hotel. However these
discounted rates would be valid only when the booking is done through VDMA India Office in Kolkata.
For further details or reservations feel free to contact us.
Activities & services of the VDMA India Office
Promote sales of members in participating divisions within VDMA especially exports, including
participation in exhibitions.
Organize symposia and similar presentations of German companies in India.
Participate and service bilateral programs such as those in existence, with governmental participation
between Germany and India.
Furnish information about the complete product program of the German industry to assist Indian
companies to identify right partners for mutual business relationship.
Provide information on market trends, prospects, future development, new projects and tenders.
Offer job opportunities by uploading your resume on the Indian website under careers.
Contact:
VDMA INDIA SERVICES PRIVATE LIMITED
Rajesh Nath, Managing Director
Jamly John, Regional Manager – West
GC 34, Sector III, Salt Lake
Kolkata– 700106, India
Telephone: +91 33 2321 7391
Fax: +91 33 2321 7073
E-mail: vdmaindia@eth.net
VDMA India Quarterly Newsletter-German Machinery Industry
The VDMA India office publishes a Quarterly Newsletter-German Machinery Industry. This Newsletter
informs the Indian industry about the development in the German Machinery industry in various
industrial sectors. This Newsletter has a circulation of around 8000 copies in different industrial
divisions. The VDMA member companies have the possibility of giving an advertisement in this
Newsletter at a discounted rate.
For further details, please contact:
Ms Jamly John at: jamly.vdma@gmail.com

Manish namdev

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