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GLO links Consulting - ‘Catalyst of Renaissance’
501.01- 070915
United Kingdom
Europe is finally accelerating, but it face...
GLO links Consulting - ‘Catalyst of Renaissance’
501.01- 070915
Telangana
On the 2nd of June
2014, Telangana, the
29th sta...
GLO links Consulting - ‘Catalyst of Renaissance’
501.01- 070915
TELANGANA’s Unique Proposition
for Business
Investment Sup...
GLO links Consulting - ‘Catalyst of Renaissance’
501.01- 070915
Hyderabad
Hyderabad, the fourth
most populous city
and six...
‘Catalyst of Renaissance’
Visit: www.prglolinks.com
BSICC
British South India Council of Commerce (BSICC) is an independen...
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White Paper - Business Opportunities Between UK & Telangana

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In this white paper, we talk about the century-old trade and cultural relationships between United Kingdom and Telangana which makes these 2 regions natural allies for fostering trade. United kingdom’s knowledge centric, research industries specifically in the pharmaceutical sector, should aim to capitalize the impetus provided by the Telangana state to promote life science industries, “Pharma city” and “Pharma University”.

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White Paper - Business Opportunities Between UK & Telangana

  1. 1. GLO links Consulting - ‘Catalyst of Renaissance’ 501.01- 070915 United Kingdom Europe is finally accelerating, but it faces continuing uncertainty about financial stability emanating from troubles in Greece; UK is one of the most flexible economies in Europe, and structural reforms have strengthened work incentives and supported an already positive business friendly environment. The Survey, presented by OECD Secretary-General Angel Gurría and UK Chancellor George Osborne, says that annual growth in the UK rose 2.6% in 2014, the fastest among G7 countries, and is projected to be at the same rate this year. The Office for National Statistics said GDP rose 0.4% in the first quarter of 2015 from the previous three months. The recovery has been underpinned by highly accommodative monetary policy and measures to support lending to revive the housing market. As per the OECD report, with a vibrant and inclusive labour market, the unemployment rate has fallen rapidly to 5.7% and employment rate (at 73.4 per cent), is at record levels. Sustainability of economic expansion, further progress in living standards, rests on stimulating productivity growth and furthering structural reforms. Access to skills and knowledge, a robust legal system for the protection of Intellectual Property (IP), and world-class manufacturing capability have contributed to making the UK a centre for discovery and development of new products. UK’s future economic prosperity depends on fostering strong, vigorous and well-supported knowledge- intensive industries. In the recent past, the UK has been a highly successful centre in the area of large molecules and biological innovation, by most measures, the pharmaceutical sector is Britain’s most successful research-based industry. INDIA India's economy is now one of the fastest expanding economies in the world, with a rapidly expanding consumer class. India’s growth is likely to improve from 7.2% in 2014 to 7.5% both in 2015 and 2016 (up 1.2% and 1% from the January WEO forecast), overtaking China’s growth — for the first time since 1999. China’s growth is projected to slip from 7.4% in 2014 to 6.8% this year and further down to 6.3% next year. India currently has over 123 million internet users, over 600 million people use mobile phones, 15 million people do online transactions and over 51 million people log on to Facebook. The growing, Indian middle class counts 300 million people, comparable in size to the entire European Union’s market. India has the world's second largest labour force, with approximately 520 million people. It is a huge pool of skilled manpower and semiskilled and unskilled labour available at a comparatively moderate cost. Important reforms have been announced by the Union Government, to improve the ease of doing business, and due importance has been given to the ‘Skill India’ program to ensure the success of the ‘Make in India’ campaign. Overall, the events in the last few months have set the momentum for reforms and drummed up enthusiasm in the market, which can put India on a high, sustainable growth trajectory.
  2. 2. GLO links Consulting - ‘Catalyst of Renaissance’ 501.01- 070915 Telangana On the 2nd of June 2014, Telangana, the 29th state of India was created; it is situated in the central stretch of the eastern seaboard of the Indian Peninsula. The State comprises of 10 districts covering an area of 1,14,840 sq. km (44,340 sq. mi). The largest district is Mahabubnagar whereas Hyderabad is the smallest, with a total population of 3,52,86,757. Telangana’s economy is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop and staple food of the state. The Telangana region has rich natural resources. 20% of the coal deposits in the country are in Telangana region. The Singareni Collieries Company excavates coal for industrial purposes and for thermal power stations. There are limestone deposits in the region, which cater to cement factories. Telangana has other resources such as bauxite and mica. Several major manufacturing and services industries are in operation mainly around Hyderabad. Automobiles and auto components industry, spices, mines and minerals, textiles and apparels, pharmaceutical, horticulture, poultry farming are the main industries in Telangana. Telangana is one of the Top IT/ ITES exporting states of India. Economy State finances are its key strength. Chief Minister Chandrasekhar Rao. K (popularly called KCR) of Telangana Rashtra Samithi (TRS) led state government, presented a Rs 531 crore (~$85 Million) surplus budget for fiscal year 2015-16. Unlike many other states, money is not a constraint in doling out subsidies and creating new jobs. Government announced the creation of as many as 25,000 new government jobs and building 50,000 two-bedroom houses and free education up to post graduation for the poor, among other welfare measures. Ancient Trade Relationship United Kingdom has had strong trade relations with Telangana region for more than a century. Secunderabad’s Alexandra Road and Oxford Street housed the most fashionable European shops in the 19th century. They included Mapin and Webb (cutlery and crockery), Richard & Co. (goldsmith), Spencer (aerated drinks), Badam Pyle (confectioners), John Pile (general stores), Bright & Co. (chemists). John Burton was the most fashionable draper and tailor. The second son of Nizam VII, Prince Muazzam Jah had his sherwanis stitched at Burton’s. A.S. Abdul Khader had a department store. H.M. Hussain had a textile store. J.C. Pinto ran a bookshop. Percy’s was the main western hotel in Secunderabad. At its rear was a popular dance hall. Close to it was the Plaza Cinema with an attached bar.
  3. 3. GLO links Consulting - ‘Catalyst of Renaissance’ 501.01- 070915 TELANGANA’s Unique Proposition for Business Investment Support and Promotion by the Government To create a favourable business environment for businesses in Telangana, enable growth and support the development of businesses, the state government in November 2014, announced its industrial policy and specific initiatives for 2014-15 which include • To develop, “Pharma City” at Mucherla village in Rangareddy district of the size of about 11,000 acres, comprising processing and non-processing areas and common effluent treatment plants. • In addition, Government has promised to build pharma research and education facilities, near Hyderabad to attract more investment. • Development of the Hyderabad-Warangal Industrial Corridor. • Development of Warangal as the textile hub of Telangana. • Food Processing and Seed Production Initiatives. • Mini-industrial townships along with industrial parks. • Creation of a Venture Capital/Angel Fund. • Inter-state VAT rationalization on industrial inputs and outputs. • Review and Reform of all age old industry sector regulations, including labour laws. In addition, the State Government also plans to promote two mega multi-crore projects – • Telangana Water Grid which provides tap water to every home. • Mission Kakatiya, the revival of thousand year old water tanks in the State. ENVIRONMENT Determined to create an ecosystem, the state government has launched an industrial clearance system, Telangana State Industrial Project Approval and Self-certification System (TS-iPASS), which focuses on effective single window mechanism, time bound approvals for setting up projects in the state. The government is promising investors all permissions (for land, water, electricity etc) in 15 days, and corruption-free procedures. Penal action has been proposed on the concerned officers, who delay the applications. State Government has also earmarked 1.60 lakh acres of land for establishment of 150 industrial centers and 28 zones. Support Telangana state government has proposed incentives to entrepreneurs in the following areas under its T-IDEA (Telangana State Industrial Development and Entrepreneur Advancement): • Stamp duty reimbursement • Land cost rebate • Land conversion cost • Power cost reimbursement • Investment subsidy • VAT reimbursement • Interest subsidy • Seed capital for 1st generation entrepreneur • Training and skill development cost reimbursement • Quality/patent support • Reimbursement of infrastructure development costs Union Government to promote industrialization and economic growth, in Telangana state, as per Section 94 (1) of the Andhra Pradesh Reorganization Act 2014, has offered tax incentives: • 100% central excise benefit for 5 (or more) years . • 100% income tax benefit for 5 years; 30% for the next 5 years.
  4. 4. GLO links Consulting - ‘Catalyst of Renaissance’ 501.01- 070915 Hyderabad Hyderabad, the fourth most populous city and sixth most populous urban agglomeration in India, houses 300 worldwide IT/ITeS players. The Hitech City-Gachibowli-Manikonda space antecedently boasts of the Whos-who who of the worldwide IT arena with players like Google, Microsoft, Facebook, Infosys, Wipro, HSBC, Dell and Amazon. Hyderabad was historically known as a pearl and diamond trading centre, and it continues to be known as the City of Pearls. Many of the world’s leading retailers are present in Hyderabad. Recent investment ITC Limited engaged in fast moving consumer goods (FMCG), hotels, paperboards and specialty papers, packaging, agri-business, and information technology has announced that it will invest a whopping Rs 8,000 crore (~USD 1 billion) in Telangana. Apart from doubling the existing capacity of its paperboards manufacturing unit in Bhadrachalam, from 500,000 tonnes to 1 million tonnes, ITC has firmed up plans to set up a "world class food processing unit" in Medak. Also on the agenda of ITC, is a "green hotel" in Hyderabad at an investment of Rs 1,000 crore. In addition, some companies like Anjani Portland Cement, MSN Life Sciences, Sneha Farms, Aizant Drug Research Solutions, Pioneer Torsteel Mills, Solithro, Covalent Laboratories, EPR Centre for Cancer Research and Bio-Informatics, Bhavna Solar, Premier Photovoltaic, Usha Ventures, Value Labs, Dodla Dairy, HIL (Plastics), Duraline India (Telecom) and Nuzen Industries, have got clearances for their projects.,. In Hyderabad, Google is setting up its biggest campus outside the US and Amazon has decided to establish its largest procurement center. Uber has also proposed, to invest $50 Million, to set up its biggest global office. Core Sectors Telangana State Government has identified certain core sectors to promote which include: • Life Sciences • IT hardware including bio-medical devices, electronics, and cellular communication • Precision engineering including aviation and aerospace • Food processing • Automobiles, tractors and farm equipment • Textiles and apparels • Plastics and polymers • Fast-moving consumer goods and domestic appliances • Engineering and capital goods • Gems and jewelry • Waste management and green technologies • Renewable energy and solar parks • Mine-based and wood-based industries • Transportation, logistic hub, and inland ports. CONCLUSION Given the outlook, century-old trade and cultural relationships, United Kingdom and Telangana are natural allies for fostering trade. United kingdom’s knowledge centric, research industries specifically in the pharmaceutical sector, should aim to capitalize the impetus provided by the Telangana state to promote life science industries, “Pharma city” and “Pharma University”. P.R.GLOlinks experience, accumulated knowledge, comprehensive assessment of marketplace realities, coupled with our program management skills, can help you to achieve early success.
  5. 5. ‘Catalyst of Renaissance’ Visit: www.prglolinks.com BSICC British South India Council of Commerce (BSICC) is an independent, nonpartisan, volunteer run organisation which promotes trade and investment between UK and India, specifically South India. BSICC is an umbrella body of South Indian communities in UK and includes representatives from UK, Andhra Pradesh, Karnataka, Kerala, Pondicherry, Telangana and Tamil Nadu. TeNF Telangana NRI Forum (TeNF) is a not for profit cultural and social organization, which provides a platform to people of Telangana origin in UK and rest of Europe. TeNF is committed to work for the development of Telangana and is now putting efforts to showcase Telangana as an investment hub to the world. PR GLOGLOGLOGLO Links P.R. Glolinks (PRGLO) is a specialist, decade old, Vendor Independent ‘Right-Sourcing’ Business & Technology consultant. We assist clients, to assess and manage risks associated with global expansion program and seamlessly integrate the processes to ensure business continuity. We work with organizations as a business partner, providing tactical guidelines, relationship management and build value-added processes and practices. Organizations can choose from the range of services across the lifecycle, and each offer significant value in their own right. PRGLO‘s ‘Gateway Services’ package is a comprehensive solution, customized to individual customer needs, encompassing initiation, planning, budgeting, strategising; developing communication, financial, governance, control frameworks; and program manage implementation. In addition, PRGLO help businesses identify potential agents or distributors in India and United Kingdom. We conduct a background check on potential partner companies, thus catalyzing to achieve early success. Our extensive fundamental research on cultural variances between India, Europe and USA, best practices of similar organizations and processes, enable businesses to mitigate the risk and effectively manage distributed processes across time zones, cultures, and geographies. Let us work together to WIN!!! We build organizations! We enable culture change! We help to achieve performance excellence! GLOGLOGLOGLO links Consulting Head Office: 5045, H Block, 25th Street, Annanagar, Chennai 6000 40, India. Tel: +91-44-26163720. Fax: +91-44-43414859. Email: info@prglolinks.com UK Office: 102~112 Windmill Road, Croydon – CRO 2XQ, United Kingdom. Tel: +44-(0)7799233919/ (0)7770740133. Fax: +44-(0)-2086654201. Email: paddy@prglolinks.com PRGLO P

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