Bp august 2013

ON GOING PROJECT

SUBHAM REGENCY, HENGRABARI

SUBHAM GREENS, LOKHRA

SUBHAM BUILDWELL, GS ROAD

SUBHAM ELITE, GANDHIBASTI

Editorial

Why Business Positive...
Time is changing. Earlier Assam and the Northeastern states

Contents...

were ‘Outreach’ for the investors. But, now, the North-East
has grabbed the attention of the investors. The (positive) effect
is clearly visible in the economic scenario of these states.
From Tourism, Handloom & Handicraft, Food processing
etc. to IT, MSME sector the NE has great potentiality to climb
in the ladder of development. Considering this more and more
investors are coming and what the most important fact is that
the employability field has increased to a great extent. Great
numbers of youth got absorbed in various industries which is
a very good sign in this conflict ridden region. The Central
and State government introduced various schemes to promote
Industrialization and trade & commerce. Lots of local
entrepreneurs are also emerging. On the other hand, It is the
duty of the government and the people of North East to create
an investment-friendly environment. Extremist activities along
with sudden bandh culture, Strikes would definitely discourage
the investors and the Entrepreneurs.

Tribute to a Real Achiever

BUSINESS POSITIVE, it is our little Endeavour to
promote all the positive aspects of the economic activities
of this Region. If not, at least we would try to be a platform
or bridge among the business world, the government and
the common people. We would try our best to encourage
and promote the emerging entrepreneurs of this region. Hope
we would get response and co-operation from all the sections
of our society.

NE industrial investment
promotion policy will be
reviewed

Executive Editor: Madhujya Konwar

–1
APL gears up for integrated
methanol-acetic acid plant
–2
OIL plans Rs 12,000 crore
investment in the North-East
–3
New Banks to Create Huge
Job Opportunities
–5
Assam has enormous
potential to draw investors :
co-founder of infosys
–7
Tea grower Gobin wins the
heart of Canadians
–8

–9
NEEPCO plans to add 6,000
MW power by 2020
– 10
Journey to a new dawn
– 13

Editor: Bikramaditya Dutta Kakoti

Bureau Chief- Kalyan Gogoi ˆ Chief Co-ordinator ( Delhi ): Arup Jyoti Gogoi ˆ Co-ordinator (kolkata): Rudra Pratap
Choudhury ˆ Special co-ordinator : Jasho Rabi (Shillong), Lithung Tungsha (Kohima), Madhurjya Saikia (Duliajan),
Tanmoy Saikia(Mizuram), L.M.Sarkar(Agartala) ˆ Finance and Planing : Dipayan Borah ˆ Advisor : Pranjal Dutta
(Legal) ˆ Design & Grapics : Nitul Kr. Dutta
Adress : Guwahati Office– Bhongagorh, Anil Nagar, by lane no2, House no-1, Pin-781003, Guwahati
(Assam) ˆ Delhi Office– A-2, 2nd floor, Kalkaji, New Delhi- 11019

e-mail : businesspositive123@gmail.com

Mobile : 9954223870, 9508708837

Hemendra Prashad Barooah

Tribute to a Real
Achiever
H e was a real achiever. By dint
of his hard work, dedication,
intelligence and discipline, he rose
to a position that everybody
admired him. He had a great tastetaste of art and culture, taste of
truth and honesty, taste of
patriotism and betterment of
society. He was one of the few
leaders who in true sense guided
the state and its people to the path
of progress. He is none other than
Hemendra Prasad Barooah, the tea
doyen of the state. Barooah left for
heavenly abode on 31 st July in
Bankok leaving a huge vacuum in
the heart of the Assamese people.
Actually the octogenarian went to
Bankok on 27th July along with his
niece for his Medical check-up. He
was undergoing his treatment in
Bamrungrad international hospital
in Bankok. On 31st July after due
medical check-up and treatment he
returned from the hospital back to
Holiday Inn, where he stayed. when
he was taking his lunch, suddenly
he felt uncomfortable and despite
the best efforts of the doctors of the
hospital, Barooah breathed his last
around 7.20 pm in Indian time.
Barooah was the son of

1

famous Shiva Prasad Barooah and
Kamal Kumari Barooah. Father
Shiva Prasad Barooah was the
pioneer in many field, he was the
publisher of Doinik Batori, the first
daily newspaper in Assam. He was
also a tea planter, he was among the
few first entrepreneurs of Assam.
Born on 1 st April 1926,
Hemendra Prasad Barooah passed
his childhood in Thengal Bhawan.
He was a very meritorious student.
He passed matriculation on 1942
securing 6th position under Calcutta
University. Appearing from
Presidency College he secured 16th
position in ISC and than
completed his graduation in
English from Scottish Church
college, under Calcutta
University with flying colours.
He earned gold medal for
securing position. He went to
US for higher education. In
1949 he got MBA degree from
Havard University of US.
Indeed, he was the first MBA
of the North-East.
Than he returned back to his
native land and took charge his
father’s business. In a short span
of time, he proved himself as a
successful entrepreneur. He not
only revived the dying tea estates
of his father, on 1962 he bought
Gotonga,
Samuguri
and
Kamarbandha tea estate from the
giant Williamson Magor. Later on
he bought Lohpohiya, Gobinpur etc.

BUSINESS POSITIVE August-2013

tea estates, he established Super
Packaging Pvt.Ltd in Jorhat and
B&A packaging Industries in
Orrisha. Proving himself as a tea
doyen he earned the membership
of Indian Tea Board on 1963. It was
due his effort that the Guwahati Tea
Auction Centre was established on
1970. Barooah was nominated as
the president of Indian Tea
Association in 1992. He was the
one and only Assamese who
presided twice in 100 years history
of ITA. He was a member of
Advisory board of Central
Industrial Development Council.

He held the post of lifetime MD of
B&A Associates. Besides he was
the director of , B&A packaging
Pvt Ltd. and Assam tea Brokers
Pvt. Ltd.
Barooah was truely a man of
culture. Intimate friend of Dr.
Bhupen Hazarika, Barooah
produced the Hindi movie Ek pal,
directed by Kalpana Lajmi. An
avid lover of painting, he had

collected more than 600 paintings
including the art work of MF
Hussain. But what the most
important fact is that to encourage
and promote local artists of this
region, he too bought paintings
from them with heavy price.
In 1980 he established
Kamal Kumari foundation. Through
this foundation, in a bid to promote
science, culture, literature,
journalism etc. he initiated Kamal
Kumari Barooah National Award
(science, culture, literature), Shiva
Prasad Barooah National Award
(journalism) and Amit Kumar
Barooah Award (art & painting).
The later award was dedicated to
his son, whom he lost forever in
2007. In 2013, the central govt. had
endowed him with Padmashree
Award; in 2012 Assam Agriculture
University endowed him with
honorary Doctorate degree. The
CII, Guwahati chapter honoured
him with Visionary Business Leader
of Assam (2010). On the other hand
noted journalist Wasbir Hussain
wrote ‘Life & Times- story of an
Assamese Tea Baron’ on his life
and activities. Likewise another
compilation of articles ‘Swapna
Sandhan’ based on the life of this
visionary entrepreneur was
published on 2009 edited by famous
litterateur Arun Sharma.
– Business Positive Bureau

Hemendra Prashad Barooah with his
MBA classmate Bob Preble (File Photo)

APL gears up for integrated
methanol-acetic acid plant
Assam Petrochemicals Limited (APL), the only PSU in the state listed in
theBombay Stock Exchange is going to produce 500 tonnes of methanol
and 200 tonnes of acetic acid per day, with a capital outlay of Rs 1,028
crore. The Namrup-based PSU, with a net worth of Rs 70 crore, signed
financial agreements with 10 banks, the Oil India Limited and other equity
holders for the new project. This is revealed by Mr Ratul Bordoloi, MD of
Assam Petrocamicals ltd here in guwahati. The PSU is Assam Petro
chemicals is looking to acquire around 200 acre land to set up a new
manufacturing plant with an installed capacity to produce 100 tonnes of
sulphonated formaldehyde per day. Assam Petro-chemicals Ltd managing
director Mr Ratul Bordoloi told PTI that “We will set up a formalin plant in
the state. For this, we are looking to acquire around 200 acres of land in
the next one year.”
He added that the company has already seen a land parcel in Goalpara
and it is likely to take the possession within next one year. Mr Bordoloi
further said that “We will set up the formalin plant after we are done with the
ongoing methanol-acetic acid project. It will be after 2016. The unit is
proposed to have an installed capacity to product 100 tonnes of formalin
every day.”
The product sulphonated formaldehyde is a chemical used as additive
with cement for bringing down the cement requirement for civil constructions.
PMC Consultancy has been engaged for setting up of the integrated
Plant. The Project is scheduled to be completed in 2014.
Incorporated in 1971, Assam Petro-Chemicals was the first entity to
manufacture petrochemicals in India using natural gas as feedstock.

Bongaigaon Refinery
Bags Oil & Safety Award
The Bongaigaon Refinery of the Indian Oil Corporation Ltd has won the
prestigious Oil & safety Award 2011-2012, instituted by the Oil Industry Safety
Directorate, Ministry of Pertoleum & Nartural Gas.
Dr M Veerappa Moily, Union Minister for Petroleum & Natural Gas,
handed over the award to A Saran, Executive Director, who was accompanied
by R K Sharma, GM(HSE) and MN Das, DGM (production) of the
Bongaigaon Refinery, at a function held at New Delhi recently. Lakshmi
Panabaka, Minister of State, Ministry of Petroleum and Natural Gas , RS
Butola ,Chairman, Indian Oil Corporation Limited , were also present on the
occasion.The Bongaigaon Refinery has been conferred the award under the
category of Best Overall Safety Performance Refineries.


2

OIL plans Rs 12,000 crore
investment in the North-East

‘Oil India Limited(OIL) will
invest Rs 12,000-cr in the
North-East by 2017 as the
public sector energy major
looks to step up exploration
and development activities in
the region. During the 12th
Five Year Plan period OIL has
a capex plan of over Rs 19,000
crore. Out of this, Rs 12000
crore, which is more than 63
percent is for operations in
the north East region.’
—In an exclusive interview with
Business Positive OIL Chairman and
Managing director SK Srivastava
inform this. He said- ‘In the current
year we have a capex plan of Rs 3,581
crore out of which Rs 1,982 is
earmarked for the North Eastern
assets. So the major chunk of
expenditure is kept for exploration and
development activities in the North
Eastern region.’
According to him the
company has over 150,000 sq km of
petroleum Exploration licence, Mining
Licence areas for its exploration and

3

Production activities. OIL has 65
domestic E&P blocks and an
International presence spanning USA,
Venezuela, Gabon, Egypt, Nigeria,
Libya and Yemen among other
countries. OIL along with ONGC
Videsh Limited (OVL), has signed
definitive agreements in Singapore on
25 th June 2013 with Videocon
Mauritius Energy Limited to acquire
100% of shares in Videocon
Mozambique Rovuma 1 Limited, the
company holding a 10% participating
Interest in the Rovuma area 1
Offshore Block in Mozambique, for
US$2.475 Bn. The acquisition is
expected to be implemented via a
newly incorporated special purpose
vehicle jointly owned by OIL & OVL.
The acquisition is subject to the
approvals of the government of
Mozambique and India, relevant
regulatory approvals, pre emption
rights and other customary conditions.
The transaction is expected to close
in the 4th quarter of 2013.
Area 1 covers approximately
2.6 million acres in the
deepwater Rovuma
Basin
offshore
Mozambique
and
represents the largest
gas discovery offshore
East Africa with
estimated recoverable
resources between 35
and 65 TCF as per
operator’s estimates.
Partners in area 1 include
Anadarko, operator
operator of the project,
ENH, Mitsui, BPRL and


PTTEP. Area 1 has the potential to
become one of the world’s largest
LNG producing hubs with First LNG
expected in 2018.
The Area 1 LNG project is
strategically located to competitively
supply LNG to India, and OIL’s and
OVL’s participation in the project will
facilitate access to the Growing Indian
gas market which will supplement the
countries energy security endeavour.
OIL and OVL will also devote
significant financial and technical
resource to the development of the
project. This investment is expected
to farther enhance the strong business
and cultural links between
Mozambique and India.
The Investment provides an
early for OIL into one of the world’s
largest natural gas assets. It will
significantly enhance OIL’s reserve
base improving the longer term growth
prospects of the company. This
equation is in line with our strategic
2020-21 plan which has a strong focus
on inorganic growth across the energy

value chain. It will also provide us with
firsthand experience of setting up and
operating a deep water natural gas field
and LNG plant. While farther helping
and addressing the growing energy
requirement of our country. This is a
high quality world class asset with one
of the largest discovered resource
base, which combined with its location
advantage makes this highly attractive
investment proposition for us.
Company had total income of
INR 9,948 Cr and PAT of INR
3,589Cr in financial year 2013 and
produced 6.34 MMTOE of oil and gas
in the corresponding period. OIL has
Total 2P reserve of 916 MMBOE in
India with a reserve replacement ratio
of over 164% for domestic assets in
financial year 2013. Market
capitalisation of the company was INR
33,417cr as of 24th June 2013.
Physical performance
During 2013 financial year
¾ Crude oil production was 3.70
MMT during FY 12, which is lower
by 4.71%.Crude oil sales was 3.663
MMT as compared to financial year
12 sales of 3.853 MMT.
¾ The natural Gas production was
2693 MMSCM as compared to 2633
MMSCM during FY12. The sale of
natural gas was 2080 MMSCM as
compared to 2093 MMSCM during
FY12.
¾ LPG production was 46010 MT as

The gross
income of the
company during
FY 2012-13 was
Rs 11456.32
Crore as
compared to Rs
11279.90 Crore
during FY 201112, an increase
of 1.56%.
compared to 52002MT during FY12.
During Q4 Financial Year13
¾ Crude oil production was .872
MMT as compared to 0.967 MMT
during Q4 FY12.Crude oil sales was
0.880 MMT as compared to sales of
0.970 MMT in Q4 FY12.
¾ The natural gas production was
647.703MMSCM as compared to
639 MMSCM during Q4 FY12. Sale
of natural gas was 511 MMSCM as
compared to 498 MMSCM during the
Q4 FY 12.
¾ The reason for shortfall in crude oil
production during FY13 was due to
environmental problems beyond the
control of company. Almost 290
incidents of blockades, bandhs had
effected the Company’s drilling and
productions operations.
Financial performance
¾ The gross income of the company
during FY 2012-13 was Rs 11456.32

Crore as compared to Rs 11279.90
Crore during FY 2011-12, an increase
of 1.56%. During FY 2012-13 the
company has achieved PAT of Rs
3589.34 Crore. PAT during FY 201112 was Rs 3446.92 Crore, hence a
jump of 4.13%. This was mainly due
to higher Natural Gas sales.
¾ During the FY 2012-13, the
subsidy sharing by the company
towards OMCs under recovery has
increased by 7.35% to Rs. 7892.17
Crore as compared to Rs7351.77
Crore during FY2011-12. The
subsidy sharing in the Q4 FY 201213 at Rs. 1849.72 was 35.63 lower
than subsidy in Q4 FY2012-13.
During FY the subsidy shared by
Upstream Oil PSU was 37.26% of
total under recovery of OMCs, which
has adversely affected the profitability
of the Upstream Oil PSU like as
during the period.
¾ Due to lower International Crude
Oil price the Gross realization of crude
oil for the Financial year 2012-13 was
US$ 109.58/barrel last year. The net
realization during the FY 2012-13
decreased by 10.43% to US $ 53.58/
barrel as compared to US $59.82/
barrel last year.
Important Highlight
¾ During 2012-13 there has been 7
discoveries including heavy OIL strike
in Rajasthan NELP block.
¾ In Mijoram block(NEPL-VI) pre


4

drilling activities are in progress, 5
locations have been released for
drilling. Drilling is expected to
commence in FY 2013-14.
¾ In KG Basin block (NEPL-VI) pre
drilling activities are in progress, 7
locations released for drilling.
¾ In gulf of Manner (NELP-VIII)
processing of acquired data
completed. Data sent for
Interpretation.
¾ OIL acquired 20% stake in carrizo’s
Niobrara Liquid shale assets in US and
OIL’s share of production is just above
400 Boe /d.
¾ At Carabobo, Venezuela,
Accelerated early Production from first
development well has started since 27
December 2012. Current production
from three wells is 1800bopd and it is
expected to reach 90000bodp by the
end of 2015.
¾ In Gabon sakti Block where OIL is
the operator, 3 drilling locations were
released.
¾ Besides wind energy, OIL has also
made a beginning in the field of Solar
energy with the commissioning of its
second 100 kwp Solar Captive Power
Plant at tanot Village complex(TVC)
of OILs operational area in Jaiselmer.
The first 100kw solar plant is situated
at its operational area in Assam.
Additionally, OIL has taken up a 5
MW Solar Power Plant to be
commissioned near Ramgarh,
Jaisalmer, Rajasthan.
¾ OIL jointly along with ONGC
Videsh ltd signed definitive
agreements in Singapore on 25th June
2013 with Videocon Mauritus Energy
Limited to acquire 100% shares in
Videocon Mozambique Rovuma 1
Limited, the company holding 10%
participating interest in the Rovuma
Area Offshore block in Mozambique
acquires interest in Giant gas field in
Offshore Mozambique.

New Banks to Create
Huge Job Opportunities
The Reserve Bank of India’s decision to allow new players in
the banking sector would result into the improvement of
efficiency, increase in capital base to meet the credit needs of
the economy and generate huge employment opportunities,
says a survey by industry chamber FICCI.

According to the survey which
drew responses from existing banks,
NBFCs, corporate and industrial
houses and other stakeholders, the
setting up of new banks is
considered significant in view of the
fact that only 35% of the country’s
population has formal bank accounts
as compared to an average of 41%
in other developing countries.
88% of the respondent feel
that RBI’s condition for an applicant
applying for a license to set up at
least 25% branches in unbanked
area with a population lf less than
9,999 will play a significant role in
expansion of banking services and
hence help in increasing financial
inclusion. Nearly 70% of India’s
population lives in villages, it said,
adding that a vast majority of
approximately 6.5 lakh villagers do
not have a single bank branch thus
leaving a huge chunk of rural
population in the hands of money
lenders. The total number of
branches in India stood at 37,471
and the total banking outlets in
villages after taking into the account
of the branches, business


5


correspondents and other modes
was just 1,81,753( as on March
,2012), it said.
The survey notes that they can
bring it the new processes and
technology and will play a significant
role in driving competition. First of
all, it will also encourage existing
players to improve efficiency.
Secondly new players with sound
financial base will bring in much
needed capital that is required to
support the credit needs of the
economy and they will generate
huge employment opportunities, it
said.69% of the respondents felt that
corporate or industrial houses
should be given licenses, while the
remaining 31% felt that they should
not be allowed to operate as a bank.
Irrespective of the fact that
the new banks will help in
consolidation of the bank sector,
58% of the total respondents felt
that new banks should start afresh
completely while only 42% of the
respondents felt that new banks
should acquire existing smaller
banks and grow.

Every generation needs a new revolution
– THOMAS JEFFERSON

SUPPORT MY
SCHOOL
CAMPAIGN
REACHES
GUWAHATI
T he

Support My School
campaign, an initiative to build happy,
healthy and active schools for students
in rural and semi-urban areas, reached
its target of revitalizing 8 schools in
Guwahati, marked with the dedication
of the Government L.P. School in
Markang. The school has been
provided facilities such as access to
safe drinking water and separate toilets
for boys and girls under the campaign.
The Support My School campaign
recently commemorated completion of
200 schools touching the lives of over
80,000 students.
Coca-Cola and along with
Support My School campaign
partners will invest nearly Rs 70
lakhs for revitalization of sixteen
schools in Assam. The Government
L.P. School, Markang has been
revitalized with contributions made by
campaign partner World Vision. The
school was dedicated to the children
and the community by Mr. Deepak
Jolly, Vice President, Public Affairs and
Communications, Coca-Cola India
and South West Asia along with Chief
Guest Mr. Akon Bora, Minister of
Social Welfare & Prison; Mrs. Nimi
Baruah, Block Elementary Education
Officer; and Mr. D. Vijay Kumar,
Head - Corporate Partnerships, World
Vision India. Principals of all 8 schools

revitalized under this season were
felicitated at the event for their efforts
and support towards the campaign.
According to Mr. Akon Bora,
Minister of Social Welfare & Prison,” It
is a moment of pride for Markang LP
school and its students that Coca-Cola
in collaboration with World Vision has
made this school more approachable.
Today the school has proper sanitation
facilities, fencing and a playground
thanks to the efforts of these two
organizations.” Speaking about the
project, Mr. Deepak Jolly, Vice
President, Public Affairs and
Communications, Coca-Cola India and
South West Asia said, “At Coca-Cola
India, we have our eyes set on the future
and this helps us stay connected to the
communities and ecosystems we
operate in. These are crucial to any
organizations operations and
continuance in the long run. We believe
in working along with our communities
to build a model of sustainable
development to grow collectively
instead of sporadically. This has been
our prime motivator in executing the
Support My School campaign. The
completion of 200 schools under the
campaign is a milestone very close to
all our hearts. We look forward to
reaching evermore students, schools
and regions as we move headfirst

towards reaching our goal of over 250
schools under Season 2.”
Launched in January 2011, the
Support My School campaign aims to
create a happy and healthy environment
in schools for children across India by
providing basic amenities such as
access to water and proper toilets for
girls and boys, enabling them to study
in a cleaner, healthier and a more
holistic environment. Since its launch,
the campaign has touched the lives of
nearly 80,000 students across 200
schools. The campaign is expected to
reach 350 Schools by end of 2013.
Dr. Jayakumar Christian, CEO
& National Director, World Vision
India says about the campaign, “At
World Vision, we are committed to
assuring opportunities for employment
and value based leadership for all
students across rural and semi-urban
India. This partnership with the Support
My School campaign has helped us
further this cause in a tremendous way.
The campaign has reached out to some
of the most remote areas in the country,
helping us impact more lives. Every
school revitalized under the campaign
brings us closer to our goal of providing
the children of this nation with a holistic
school environment where they can
learn and grow.”


6

Assam has enormous potential
to draw investors : co-founder of infosys
Technology, Tourism and Skill
Development.
Regarding the development of IT
sectors in the state he informed, ‘I have
discussed this matter with Mr. Gogoi.
We will constitute another task force
for this. See, the centre had taken a
slew of measures to improve the IT

Assam has enormous potentials to
draw investors. What Assam
government only needs to do is to
create an investment friendly
atmosphere so that more and more
investors come into this region-this is
the observation of Infosys co-founder
and president of confederation of
Indian Industries, Mr. S
Gopalakrishnan. He along with a group
of delegates of CII had visited chief
Minister of Assam Tarun Gogoi
recently. In an exclusive interview with
Business Positive he informed that in a
bid to woo investors to Assam, the CII
and Assam Government will constitute
a joint task force soon.
“I had a long discussion with the
Chief Minister of Assam Mr Tarun
Gogoi and accordingly, we have
agreed to constitute a joint task force
for the development of MSME,
tourism, healthcare and IT sectors in
the state”, Mr. Gopalakrishnan said.
Gopalakrisnan’s comment assumes
significance at a time when private
players are shying away from
investment in the state. According to
Mr Gopalakrishnan the task force will
focus on key areas including Micro
Small and Medium Enterprises
(MSMEs), Healthcare, Information

7

sectors. I think the state will be able to
reap the benefits from the initiatives.”
Agriculture, manufacturing, food
processing industry are another thrust
areas which Assam Government
should give priority, feels the cofounder of Infosys.

Subham
The leader
of the
Real Estate...

C radled by the most arduous and sincere entrepreneur in the country,
Subham has graduated to become a trendsetter in creating world-class
landmarks in the lesser travelled part of the nation. Having chartered a decade
full of accomplishments on its way to success, It has earned an impregnable
goodwill that can be matched by none.
The company’s incessant strive for excellence by maintaining the quality
benchmarks in terms of futuristic design, hi-quality compliant architecture,
raw materials and fixture & fittings has left an indelible impression on not just
clients, but also our vendors, associates and competitors. The on-time delivery
of projects, and on some occasion even before time, substantiated by its
astute attention to the finer detailing and property management services is a
perfect example of absolute professionalism and dedication.
Supported by a dedicated bench of seasoned professionals in their respective
fields, with thorough expertise in the construction science subham reign supreme
as the leaders of the real estate industry, in this part of the world.
As a group, Subham remain committed to all corporate and social
responsibilities and strive to ensure that all economic, environmental and social
factors are duly considered before taking major actions and decisions.



ry
sto
ss
cce
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Tea grower Gobin wins
the heart of Canadians

T he organic tea produced by Gobin Hazarika, the

famed Meen Mohon tea has attracted the Canadian buyers
for its quality and traditional flavor .Mr Hazarika had
started tea cultivation in 1995 on nine bighas of land near
modhupur village in Lakhimpur. Hazarika is now planning
to expand his garden up to 22 bighas in view of the huge
demand in the Canadian market.
But what is the specialty of Meen Mohon tea? Hazarika
explained that he does not use any fertilizer or machine for
producing the tea. “I crush tea leaves by a traditional wooden
device (Dheki) and dry it in an iron pan under regulated
temperature, which keeps
flavour and nutrients
intact” he revealed.
Interestingly, Hazarika
christened the garden after
his parents - Meen and
Mohan - who died long
back.
Hazarika’s
objective today is to
establish his tea in the
global market. He has
already ventured into the
Canadian market and
his next destination is to
enter the European
market.
Hazarika has been

exporting tea to Canada since 2007. His tea has emerged
a leading brand in the Canadian market. “I export nearly
25 kg to Canada annually. But demand for my tea has
been increasing in Japan also. As my production process
is purely traditional, Canadian buyers therefore prefer it
as compared to other brands,” he added.
Hazarika has been motivating the small tea growers
to switch over to organic format due to high demand in
the global market. Despite high demand, organic
tea cultivation in the State is still poor. According to
available information, total organic tea cultivation in the
State stands at 10 lakh kg
per annum. Of the 10 lakh
kg, nearly 8 lakh kg is
exported to overseas
market and the rest is
sold in the domestic
market.
“This is a small
beginning in my life. I need
to work hard to enter the
European market. Since
European consumers are
very quality conscious, I
have to strictly maintain
the quality quotient,” Mr
Hazarika said.


8

NE industrial
investment promotion
policy will be reviewed

materialization of investment and
number of new units/expansion of
capacities, employment generation)
before and after implementation of
NEIIPP, 2007. The elevation study
will suggest any improvement, if
required, in the present scheme and
also on the present method of scrutiny
& disbursement of subsidies under
NEIIPP, 2007, including identification
of misuse/leakages in the extant
package. Industry bodies of the
region were asking to make NEIIPP
compatible with National
Manufacturing Policy (NMP). The
study will look into the compatibility
of NEIIPP with National
Manufacturing Policy (NMP) and to
recommend measures for further
streamlining NEIIPP, 2007 besides
analyzing the impact on units under
Micro, Small and Medium Enterprise
sector. The study will further dwelt on
the effectiveness of removal of thrust
and non thrust distinction in NEIIPP
2007 in terms of expansion of earlier
non thrust industries. The study should
recommend on continuity of the
uniformity or re-introduction of the
distinction between the two.

The central government is all set to within NEIIPP by way of assessment
review the fiscal package of North
of activity wise investments and
employment generation in the
East Industrial Investment Promotion
beneficiary States and to analyze
Policy (NEIIPP), 2007. Government
of India had announced
spatial distribution
There is growing
of benefits
a special package for
the States of Northeast discontentment against (subsidies/
region (NER) (including the NEIIPP policy and concessions /
Sikkim) on April 1,
politicians, industry of exemptions) and
generation of
2007 for promoting
the region has been
outcome, identify
industrial development in
pressing for review of reasons for skewed
the region and to boost
the policy. The policy pattern, if any, and
investor confidence.
has failed to get
suggest remedial
Department of
desired response from measures. The
Industrial policy and
study will estimate
promotion (DIPP),
the investors.
and evaluate the
ministry of commerce
benefits and impact (in case of each
and industry will engage consultant
of the beneficiary States) of NEIIPP,
for carrying out evaluation study of
2007 in terms of achievement of its
Industrial Package of Incentives
objectives and degree of
NEIIPP, 2007 applicable to eight
industrialization (measure through
states of Northeast India. There is
growing discontentment against the
policy and politicians and industry of
the region has been pressing for
review of the policy.
According to DIPP it has been
decided to evaluate the
implementation of the package so far
C & S Electric Ltd , one of the leading suppliers of electrical
and its impact on meeting the
equipments in India, organized a seminar at Hotel Landmark ,Ghy
objectives. To identify reasons/
recently to showcase its wide range of products and solutions. The
factors responsible for slow pace of
seminar was attended by top officials of various government
industrial development compared to
departments, a press release said. Unveiling the company’s plan , Nitin
other parts of the country and to
Rastogi, General Manager (Sales & Marketing ) and Pankaj Kumar,
assess whether the objectives of
Regional Head, informed that the company has plans to work
NEIIPP, 2007 have been achieved.
extensively in the North East.
If not, the measures for improvement
The company’s electrical and electronic products find application
of effectiveness of the package.
in power generation, distribution, control, protection and final
The study will also gauge the
consumption. It is also the largest switchgear products from India, the
impact of inclusion of some of the
release added.
service sector activities

C&S Electric Keen
to Explore NE Market

9


Power Grid
signs Pact with
NE States

NEEPCO
plans to add
6,000 MW
power by 2020
The North East Electric Power Corporation (NEEPCO) has set a target to
add 6,000 MW of power to its generation capacity by next six to seven years to
tide over the severe power shortage in the Northeastern region. The Corporation is
working on five power projects in the Northeastern region. Out of the five projects,
three are hydro while two are gas-based power projects. NEEPCO Chairman
cum Managing Director(CMD) PC Pankaj informed this in Agartala.
Besides conventional power project, the NEEPCO would also focus on
non-conventional power sources. “A 5 MW solar power project will be set up
at Manarchak power plant where a 101 MW project is scheduled to be
commissioned by September next”,. Mr Pankaj Said.
Apart from this, Neepco has already signed an MoU last month
with Arunachal Pradesh government to install a 3750-MW capacity hydropower
project, biggest ever in the county, along with a 240-MW capacity plant in Assam,
176MW in Mizoram and 85MW in Meghalaya, he said.
With the increasing power demand across the region, Neepco is enhancing
generation capacity in all its existing thermal power plants by switching over to
combine cycle from open cycle, which will also reduce pollution as well as wastage
of energy.Pankaj stressed on starting power generation in gas turbines from
September at the Monarchak gas-based power project provided the ONGC
supplies the necessary gas. Giving details on the 101 MW Manarchak power
project, Pankaj said the fist phase 61.9 MW unit is scheduled to be commissioned
by September if the ONGC ensures gas supply in time.
“We had inked an agreement with the ONGC to supply 0.5 MMSCMD
gas daily to run the Manarchak power project. However, the gas pipeline has
not been completed yet. We do hope, the ONGC will ensure the required gas
supply so that the NEEPCO could operate the turbine in time”, Mr. Pankaj said.
According to NEEPCO sources, the project cost of Manarchak has
increased from Rs 623 crore to Rs 690 crore due to price escalation. The
NEEPCO proposes a power tariff per unit of Rs 3.50.
Pankaj also informed that the NEEPCO has started revival of the Dumbur
power project, the State’s lone hydro electric project in Gomati district. Besides,
the NEEPCO would increase power generation of Agartala Gas Thermal
Power Project at RK Nagar. Currently, the power project is producing 84 MW
and the NEEPCO plans to add 51 MW power generations by converting it into
a combined cycle power project.

Central transmission utility Power
Grid Corporation has signed an
agreement with six North Eastern
States including Assam and Manipur
for improving the regions
transmission network.The signing of
the agreement took place in the
presence of P Uma Shankar,
Secretary (power), RN Nayak
,CMD, Power Grid and other senior
officials from Ministry of Power.
‘ Power Grid signed
agreement with six North –eastern
states, Assam, Meghalaya,
Mizoram, Manipur Nagaland and
Tripura to provide its technical and
managerial support for the
improvement of their respective
intra-state transmission and
distribution systems’, the company
said in a press release.
“These projects will improve
grid connectivity and enhance state’s
capability to supply power to larger
section of consumers with economy
and reliability” the statement added.
Power Grid has been appointed as
“Design
Implementation
Supervision Consultant” by Ministry
of Power.
The total aggregate estimated
project cost is Rs 8,150.07 crores,
it added. World Bank has agreed
to consider an umbrella loan
covering 85% of the total project
cost in three tranches of USD 500
million each. States shall be
contributing 5% of the cost as
equity. The remaining 10% of the
cost will be provided by Centre, it
further added.


10

Reliance Jio 4G
venture to invest
Rs 700 crore
in North-East

D’ parloric

Where eve becomes elf
D’ parloric Beauty Clinic is one of the leading and Premiere beauty clinic
with a touch of luxury and comfort, running successfully for more than thirty
years. Its main motto is customer satisfaction and to enhance one’s beauty.
It has two branches and its located in the heart of the city i.e. GS road. It
has a wide range of specialized services. Its entire staff has gone through
vigorous training in their field especially trained by Bhanu Sharma. She has
expertise in the field of beauty and has gained knowledge from the top
institute of the world.
When establishing the beauty clinic, Bhanu Sharma wanted to
introduce the concept of beauty in Assam. And want everyone to look
glamorous with a comfort and hearty smile. D’parloric creates an atmosphere
where everyone can come and de-stress, relax and feel comfortable from
their monotonous routine.
D’ parloric provides various range of skin and hair care, from
reasonable to high range. It is their priority that every D’parloric client
should walk out with a glowing skin and beautiful shiny hair. D’parloric
runs an all round the year offer and heavy discounted offers are provided,
too, on special occasions such as Mothers day, valentine day etc. D’ parloric
has taken initiative to organise various beauty shows to make their client
feel connected to their organization and also to have some fun. The motive
behind this, is that- women in today’s world is always entangled with work
hence stress is obvious. D’parloric provides a wide range of service like
bridal Make-up, bridal packages, body spa, facials, skin tonning, tattoo,
nail art, hair and skin and many other services. D’parloric has provided
uncountable excellent result in all aspects.
D’ parloric Beauty clinic wishes to bring out “the next best version of
you” and we wish them best of luck.

11


T elecom operator Reliance Jio
Infocomm will invest around Rs 600 to
Rs 700 crore to roll out 4G on TD-LTE
technology in Assam and Northeast.
Reliance Jio Infocomm, which
received the BWA spectrum in 2010 to
offer mobile broadband services, will
create job opportunities for more than
3000 people in Assam. The company
has taken an office in Guwahati and
recruited around 100 engineers to carry
forward the 4G roll out plan.
Work of laying optical fiber
network (OFC) work has started
across the region. The company will set
up around 800 mobile towers across
Assam alone. Reliance Jio will finish this
work by the year end or early next year
and things will be ready for roll out by
April next year. Reliance Jio is expected
to have a 10,000 member team next
year from the current 3,000. RIL is
committing Rs 150,000 crore
investment in the next three years for its
expansion plans including 4G venture.
RIL did not share details about its
specific investment in the 4G project
though the Indian telecom industry is
expecting $10 billion investment from
the billionaire.

Rosang
Café
& Store
Rosang Café & Store, a
traditional restaurant for
authentic traditional NorthEastern cuisines is
inaugurated in Hauz Khas
Village, New Delhi recently.
Rosang
serves
traditional cuisines from all
the eight states of NorthEast India. The food menu
includes traditional cuisines
from Arunachal Pradesh,
Assam,
Manipur,
Meghalaya, Mizoram,

A restaurant of traditional NE
cuisines launched in New Delhi
Nagaland, Sikkim and
Tripura served seven days
in a week. Some of the
unique dishes available are
traditional Naga thali, Jadoh

(Wild red rice with Non-veg
of Meghalaya), Kukhura
Masu (Sikkimese delicacy),
Singju (Manipuri seasonal
vegetable salad), Bilahi

Kultwear.com launches T-shirts
Kultwear.com, an online store announces
the launch of its new designer graphic Tshirts. Kultwear.com is an online initiative
which is spreading awareness about social
causes through this e- commerce platform.
It offers a cheerful mix of fashionable t-shirts
with an opportunity to spread awareness
on social causes amongst the youth in India
and also to raise funds. The newly launched
designer T-shirts are available in 5 sizes for

both Men & Women and are available at
the price of INR 399/- This price includes
free shipping within India.
Most interestingly, at kultwear.com,
INR 100/- from every T-shirt sold is
contributed towards social causes on
weekly basis The best part this online store,
is the transparent display of funds raised
making the whole effort more believable
& credible. Kultwear.com picks up a social
cause relevant to India every
week and promotes cheerful tshirts to help raise funds and
awareness for the cause of the
week. It’s a conscious effort to
stay away from pity purchase so
every design on the t-shirt is
kept cheerful and positive.
Almost 75% of the profits are
contributed towards funding
social causes.
– Business Positive Bureau, Delhi

Masoor Tenga (Assamese
tomato fish curry), To Khan
(Chicken curry with Tomato
of Tripura), Bai (Mixed
vegetable stew of Mizoram)
and Ngatok (Arunachali
Fish Stew), among others.
Besides North-East
cuisines, Rosang also serves
few selected Chinese cuisine
The ambience of
Rosang has been nicely
decorated with beautiful
interiors, coupled with
photographs portraying
panoramic views of NorthEast, a carved wooden
ceiling, and seating cushions
made from traditional
fabric.

Where to find?
35, 2nd Floor,
Hauz Khas Village
New Delhi-110016
(Behind
Hanuman Mandir)
Contact no
011-65544411
– Business Positive Bureau,
Delhi


12

Success story

Heroka Yepthomi

Success and rest do not sleep together
for a young and successful entrepreneur
like Heroka Yepthomi. He is an
inspiration for budding entrepreneurs
in Nagaland. Yepthomi’s venture
“Oasis” packages drinking water. He

Journey to a new dawn
began with an investment of Rupees
1.5 crore and now has bench strength
of 32 members. he bottling plant has
been significant in generating
employment, both directly and
indirectly. “There is a lot of
unemployment in Nagaland. I thought
of starting this business to help those
guys,”
Heroka
Yepthomi,
entrepreneur.eroka has used state-ofthe-art machinery and his plant is highly
mechanized. Currently, the daily
turnover is an estimated Rs. one lakh
per day.he product from his factory is
distributed in Assam, Manipur and
other states. The young entrepreneur
has big plans for future, including
penetrating the fleet market Heroka has

Messenger Services

The first Taxi
service in Dimapur
Messenger Services, a branch of ‘Focus India
Marketing’, providing fast, reliable, cheap, convenient and
hassle free taxi/bike services was launched in the
commercial hub of the state, Dimapur recently.
Located at Aghacho Apartment, Burma Camp,
Dimapur, the ‘Messenger Services’ was inaugurated by
former DMC advisor and GB, veterinary colony,
Dimapur, Hocto Zhimo, as the chief guest. Hocto before
the inaugural programme said this venture was perhaps
the first in the state as well as in the entire region and
could provide employment opportunities to those
educated unemployed youth who wish to be self employed
instead of running after government jobs. Lauding the
proprietor of the services, Caroline Khieya, for starting a
new entrepreneurial venture where educated youth could
be self employed, Hocto urged the team to be dedicated
and to not only remain confined within Dimapur but also
to venture out to other districts. Giving a brief gist about

13


set the strategic target of expanding the
small-scale industry to other states of
India by excelling in customer services.
“I started working here since its
inception. I was jobless, but after
setting up of this bottling plant, I have
now got a secure job through which I
can sustain myself and support my
family. Young entrepreneurs should be
encouraged to take up such innovative
projects to generate employment
opportunities,” Ketovi Achumi, a
worker staff. Such innovative projects
will inspire young potential
entrepreneurs in the region to come out
with their own ideas and embark on
new ventures. This will eventually assist
in the development of the state.

the ‘Messenger Services’, proprietor, Caroline Khieya,
said that the concept behind venturing into this field was
to give relief to those who were in need of “services” by
just giving a phone call. She disclosed that the project
was initiated without help from any quarters but with “faith”,
and added that the concept in opening the service was to
assist the “next generation” to be self sustainable. She
also said that a branch in Kohima would be launched
shortly which will be followed by Mokokchung.
Caroline thanked her mother in-law, husband,
Khekato and the church for their moral and spiritual
support. At the moment, six youth have been employed
while another six would be joining soon.
– Business Positive Bureau, Dimapur

The Ministry of Food Processing
Industries (MOFPI) has launched a
scheme for establishment of Green
Field Mega Food Parks in the
country during the 11th Five Year Plan
with the objective of providing
adequate infrastructure for the food
processing industry along with the
value chain from the farm to the
market. MOFPI accorded final
approval to the North East Mega
Food Park Ltd.(SPV) and disbursed
an amount of Rs. 5.00 crores to the
company for implementation of the
project. The Mega Food Park
Project will have a Central
Processing Centre (CPC) at
Nathkuchi, Tihu covering 50 acres

NORTH EAST
MEGA
FOOD PARK

of land supported by a network of
six Primary Processing Centres (PPC)
and 19 Collection Centres(CC)
spread across the entire NE Region.
Agro Marketing Hub- Mega Food
Park- Retail Chain Commensurate
with the growing trend of horticulture
production in the state, steps have
been taken to set-up an Agro
Marketing Hub near the state capital
Guwahati which will be forward linked
with a Mega Food Park and a Retail
Market Chain. A food processing
park at Chaygaon, located at a
distance of 40 km from Guwahati is
also under implementation in the
district of Kamrup.

Automobile market in the northeast India
The Indian automobile market in the north eastern
states has increased over the last few years. The north
eastern states in India comprise of Assam, Nagaland,
Arunachal Pradesh, Meghalaya, Manipur, Tripura,
Sikkim, and Mizoram.
The best way to travel in these states is through
roadways and this is the main reason behind the growth of
the automobile market in the north eastern states. Sales of
all kinds of automobiles such as multi-utility vehicles,

commercial vehicles, and passenger cars have increased
in the north eastern states. This has given the Indian
automobile industry a major boost. The main reasons for
the growth of the Indian automobile market in the north
eastern states are: The economy in the north eastern states
is rising and this has left the people with a lot of disposable
income. People spend this money in buying automobiles.
The best way to communicate in the hilly regions of
the north eastern states is to use roadways. This have
further boosted the sale of automobiles in the north
eastern states in India. Various loan schemes have been
started by the automobile manufacturers and financial
institutions. This has made it very easy for the people
of north eastern states in India to buy automobiles.
The government have made various polices in relation
to the automobile industry like reducing import tariffs
and also relaxing equity regulations.
The various automobile dealers in the Indian
automobile market in the north eastern states are:
z Pallavi Motors Private Ltd. in Assam z Anamika
Motors in Assam z Progressive Motors in
Nagaland z Jain Udyog in Tripura z Eastern Motors
in Manipur z Buishi Yada Motors in Arunachal
Pradesh z Rani Motors in Meghalaya z HB motors
in Mizoram z Entel Motors Private Ltd. in Sikkim


14

What’s New in Market

Nissan launches new Micra

Nissan India recently launched two
variants of its top-selling hatchback
Micra. The car maker also said it is
planning to come out with a refreshed
model of Evalia to stimulate demand
for its multi-purpose vehicle (MPV)
segment. Micra Active and New Micra
were launched at a starting price
of Rs.3.50 lakh and Rs. 4.79 lakh

(petrol) respectively.
The Japanese auto major had
launched Evalia, its first MPV, in last
October and it has sold only 1,567 units
so far. “We are in serious
discussions...we are not too far (from
a refreshed version),” Nissan India
president and CEO Kenichiro Yomura
told reporters in Mumbai.
On the two Micra variants, he
said the company has set sales target
of 2,500 units a month for the new
models. “Our total sales target for this
fiscal is 1 lakh units,” he said.
According to the company,
Micra Active (petrol) is a spacious
hatchback offering quality and
functionality at a competitive price. It

is based on the popular fourth
generation city car with redesigned
exteriors, refreshed premium interiors
and gives a mileage of 19.49 kmpl.
The New Micra (petrol) comes
for Rs. 4.79 lakh, while its diesel
variant is priced at Rs. 5.99 lakh.
Nissan launched Mirca in India
in July 2010 and has since sold 43,000
units. Globally, the model is known as
March and it has clocked sales of over
6.5 million.

Mahindra Centuro
Mahindra two wheelers has launched Mahindra Centuro- a motorcycle for
the generation “Y” .Launched on July 1, the Centuro is powered by Mahindra’s
indigenously developed intelligent MCi-5 (Micro Chip ignited-5 curve) engine
that delivers a power output of 8.5PS @ 7500rpm with 8.5 Nm of peak
torque @ 5500rpm and a claimed mileage of 85.4 kmpl (ARAI approved).
Over 10,000 newly launched Mahindra Centuro have been booked by
customers across India within three weeks of its launch, Mahindra Two
Wheelers Ltd said. Additionally, it includes innovative features such as an
anti-theft alarm with engine immobiliser, an encrypted remote flip key, find
me lamps and guide lamps for greater visibility.The Mahindra Centuro also
offers an advanced digital dashboard with a distance–to-empty (DTE)
indicator, service reminder and economy mode indicator. It also offers a
maintenance free battery and is backed by a 5-year warranty.”We are truly
delighted that the Mahindra
Centuro has garnered over 10,000
bookings in such a short period of
time. At the same time, we are very
aware of the enhanced customer
expectations and are striving to
meet and exceed them,” said Viren
Popli, Executive Vice President –
Mahindra Two Wheelers.

15


Nokia
Asha 501
Recently Nokia launched the
new Asha501, the first of a new
generation of smart phones runs
on the new Asha Platform. The
handset pushes the boundaries
of affordable Smartphone design
with bold color, a high quality
build and an innovative user
interface at a price affordably at
Rs. 5,199. With dimensions of
99.2x58x12.1mm the phone feels
elegant and tiny after using all
those big Smartphone. Asha 501
has a good 1Ghz processor with
meagre 64 MB internal storage,
expandable up to 32 GB.

Bp august 2013

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