CII Agro Tech 2016 drives global competitiveness in Indian agriculture

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ContentsVolume 38 No. 12 December 2016
COVER STORY
15 India-UK Tech Summit
The 22nd
edition of the technology
summit, with the United Kingdom
as the partner country, featured
a series of summits on higher
education, design, intellectual property, and innovation and entrepreneurship, as
well as insightful technology and R&D sessions related to waste management,
life sciences and smart cities. With the Prime Ministers of India and the UK
speaking of ‘high quality’ and ‘high impact’ partnerships, our cover story looks
at the drivers for Indo-UK cooperation in science and technology.
SPOTLIGHT
03 Agro Tech 2016: Building Global Competitiveness
in Indian Agriculture
MINDSPACE
24 Media & Entertainment Sector in India
INITIATIVE
30 Clean Air, Better Life
FOCUS
37 Mining Opportunities
BUILDING CAPACITY
40 Global Summit on Skill Development
PLUS...
SECTORSCAPE
PORTFOLIO FOR
EXCELLENCE
ENGAGING WITH
THE WORLD
REGIONAL REVIEW
... AND MORE

Communiqué December 2016 | 3
SPOTLIGHT
agriculture
A
griculture is a key pillar of the Indian economy,
with more than 50% of the population directly
depending upon the sector for livelihood. Indian
agriculture has achieved many milestones–exiting from
the phase of being dependent on food aid to achieving
self-sufficiency in crop production and helping reduce
poverty levels. Today, India is the third largest agriculture
producer in terms of value, behind China and the
United States. However, the potential of the sector
is not yet fully leveraged. Issues like fragmented land
holdings, inadequate input, delivery mechanisms and
infrastructure, and innovation and technology gaps are
limiting its growth.
CII has been working closely with all stakeholders,
including the Government and the farming community, to
promote sustainable agriculture growth and development
in the country. Agro Tech, the flagship event of CII
in the agriculture space, was institutionalized in
1994 as an integrated event to cover all aspects of
agriculture and allied sectors.
CII Agro Tech 2016, the 12th
edition of the event, with
the theme ‘Building Global Competitiveness,’ held from
19-22 November in Chandigarh, carried forward the
tradition of each edition being bigger and better than
the previous ones.
The Exhibition
Spread over a gross area of 16,000 sqm, Agro Tech
this year had 139 exhibitors – 92 domestic and 47
international, from 15 States of India and 13 countries.
The participating States included Punjab, Haryana,
Gujarat, Madhya Pradesh, Chhattisgarh, Chandigarh,
Delhi, Himachal Pradesh, Jammu & Kashmir, Karnataka,
Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh,
and Uttarakhand. The countries participating included
Canada, China, Denmark, Germany, Israel, Italy, Malaysia,
South Africa, Spain, the Netherlands, Turkey, the United
Kingdom, and USA.
Building Global
Competitiveness in
Indian Agriculture
Pranab Mukherjee, President of India, and Reuven Rivlin, President of Israel, inaugurating CII Agro Tech 2016 in Chandigarh, with
(L-R) Rakesh Bharti Mittal, Vice President, CII, and Vice Chairman, Bharti Enterprises Ltd; Dr Abhay Firodia, Chairman, CII Agro Tech 2016,
and Chairman, Force Motors Ltd, and Dr Naushad Forbes, President, CII, and Co-Chairman, Forbes Marshall

4 | December 2016 Communiqué
SPOTLIGHT
The Exhibition comprised 6 concurrent shows:
• Farm Tech: Farm mechanization
• Good Earth: Agri inputs and innovative farming
techniques
• Livestock Expo: Dairy, poultry, livestock, feed
production and animal housing
• Food Tech: Food technology, cold storage equipment
and machinery
• Implementex: Agri and farm implements
• Irrigation & Water Management: Irrigation systems,
farm water management, rain water harvesting
Conferences and Sessions
CII Agro Tech 2016 featured several conferences, as
well as Country and State Sessions. Four specialized
conferences, addressed by 69 experts and attended by
more than 500 delegates, were held on
• Digital Pathways in Indian Agriculture: Discussion
on global best practices and scope in India
• Make in India - Food Processing Sector
• Food Safety
• Making Indian Agriculture Sustainable
Special country sessions were also organized:
• India-Israel Roundtable on Precision Agriculture
• Indo-Canada Partnership in Agriculture: Realizing the
Untapped Potential
• Empowering Women to Unlock Africa’s Agricultural
Potential
• Technical Workshop: Challenges and Solutions for
Comprehensive Straw Management
Farmer Interface
Farmer delegations from Punjab, Haryana, Uttar Pradesh,
and Himachal Pradesh, as well as farmers from many
other States visited the fair. Kisan ghoshtis, vernacular
and educative direct interactions between experts
and farmers were held, where 44 experts addressed
6 learning sessions on:
• Sustainable dairy farming through indigenous
breeds
• Organic farming for sustainable future, health and
nutritional security
• Profitable fish farming in North India
• Commercial dairy farming - The way ahead
• Use of solar and bio-energy in rural economy
• Direct marketing of agri-produce
Innovation and Youth Connect
Growing disengagement of the youth and limited support
for technology innovations for the agriculture sector are
key challenges the country faces today. CII Agro Tech
2016 addressed both these challenges through the
AdvancedTechnology and Innovation exhibition-cum-pitch
and Agri Hackathon, engaging young entrepreneurs,
innovators, and students, to explore a wide spectrum
of technologies related to ICT solutions, sensors to
ascertain soil moisture and temperature conditions for
efficient irrigation, drones and biomimicry to improve
human capacity in farming, virtual marketplaces and
platforms for easing of trading in agriculture.
Partners
Partner Country: Israel
Focus Countries: Canada and Germany
Guest Country: Great Britain
Partner Ministries: Ministry of Agriculture and Farmers
Welfare; Ministry of Food Processing Industries; Agricultural
and Processed Food Products Export Development
Authority (APEDA), Ministry of Commerce and Industry
Host States: Punjab and Haryana
Partner States: Madhya Pradesh and Gujarat

For the first time in the history of Agro Tech, the event
was inaugurated by two Heads of State.
The CII Agro Tech 2016 exhibition was formally inaugurated
by Mr Pranab Mukherjee, President of India, and Mr Reuven
Rivlin, President of Israel, on 20 November in Chandigarh.
Also present during the inaugural were Mr VP Singh
Badnore, Governor, Punjab, and Administrator, Chandigarh
UT, and Prof Kaptan Singh Solanki, Governor of Haryana.
Dr Naushad Forbes, President, CII, and Co-Chairman, Forbes
Marshall Pvt Ltd; Mr Rakesh Bharti Mittal, Vice President,
CII, and Vice-Chairman, Bharti Enterprises; Dr Abhay Firodia,
Chairman, CII Agro Tech 2016, and Chairman, Force Motors
Ltd; Ms Rumjhum Chatterjee, Chairperson, CII Northern
Region, and Group MD, Feedback Infra Pvt Ltd; and
Mr Chandrajit Banerjee, Director General, CII, among many
others, also attended the inaugural.
Mr VP Singh Badnore, Governor of Punjab, and Administrator, Chandigarh, was the Chief Guest, and Mr Om
Parkash Dhankar, Minister of Agriculture, Haryana, was the Guest of Honor, at the valedictory session of Agro
Tech on 22 November.
• 16,000 sqm exhibition area
• 139 exhibitors, including 47 international exhibitors from 13 countries
• Business delegations from Canada, Israel, United Kingdom, Germany and Pakistan
• Participation of diplomats from over 20 countries
• 4 Country Sessions: Israel, Canada, Germany and Africa
• CEOs Roundtable with 40 top-level business leaders on 'Doubling Farmers' Income by 2022'
• 69 experts addressed 4 international conferences
• 6 Kisan Ghoshti sessions addressed by 44 experts
• 67 students from 24 universities participated in the CII Agri Hackathon
• 8,900+ business enquiries generated
• 152+ products launched/ displayed
• 92% of exhibitors rated the exhibition as 'meaningful'
• 95% of exhibitors interested in exhibiting at CII Agro Tech 2018
• 99% of visiting farmers interested in visiting CII Agro Tech 2018
SPOTLIGHT
CII Agro Tech 2016 at a Glance
Reuven Rivlin, President of Israel, addressing the inaugural session of CII Agro Tech 2016. Also seen (L-R): Chandrajit Banerjee, Director General,
CII; Dr Naushad Forbes, President, CII, and Co-Chairman, Forbes Marshall; Radha Mohan Singh, Minister of Agriculture; VP Singh Badnore,
Governor, Punjab, and Administrator UT Chandigarh; Pranab Mukherjee, President of India; and Kaptan Singh Solanki, Governor of Haryana
Om Parkash Dhankar, Minister of Agriculture, Haryana;
VP Singh Badnore; Christopher Gibbins, Consul General of
Canada, and Rumjhum Chatterjee, Chairperson, CII Northern
Region, and Group MD, Feedback Infra Pvt Ltd, at the
valedictory session of CII Agro Tech 2016

SPOTLIGHT
Roundtable on 'Doubling Farmers’
Income by 2022'
The Prime Minister of India has envisaged
‘Doubling of Farmers' Income by 2022,'
with the vision of value-added, technologically-
advanced agriculture sector as the prime engine
of inclusive growth in the country, bridging
income and development divides between rural
and urban India.
At a CEOs Roundtable at Agro Tech, 40 CEOs
from the agriculture and food processing sector
deliberated on the 7 themes identified for strategizing income enhancement of Indian farmers. The Roundtable
was chaired by Mr Rakesh Bharti Mittal, Vice President, CII, and Vice-Chairman, Bharti Enterprises, along with
Dr Abhay Firodia, Chairman, CII Agro Tech 2016, and Chairman, Force Motors Ltd and Ms Rumjhum Chatterjee,
Chairperson, CII Northern Region, and Group MD, Feedback Infra Pvt Ltd.
Detailed recommendations emerging from the Roundtable would be shared with the Government and relevant
stakeholders. The key recommendations were:
Warehousing, Logistics and Future Trade
• Revisit the business models / PPP arrangements for setting up of warehouses / cold storage chains
• Restructure Government warehousing infrastructure
• Implement the Model APMC Act in all States
• Disseminate relevant information to farmers on future trade
Aggregation, Supply Chain and Logistics
• Build consensus on the Model Land Leasing Act
• Revamp existing regulations to revive the cooperative movement
• Initiate a national policy for decentralized pack houses and warehouses
• Establish quality specifications for farm produce
R&D and Extension Services
• Usher in perception change regarding GM crops
• Initiatives for bio-conservation
• Promote R&D in mechanization in a cost-effective manner
• Focus on digitalization of the extension system
Irrigation and Water Management
• Promote micro irrigation aggressively to achieve input efficiency
• Promote recycling of water for irrigation
• Increase awareness on the efficient use of water
• Simplify policies and procedures
Agricultural Markets
• Remove barriers to inter-State and intra-State trade
• Set up electronic markets and promote the use of digital mode
• Allow private markets to operate and also encourage them
Farm Inputs and Mechanization
• Policy interventions required for promoting the adoption of new technologies
• Create policy frameworks for aggregating machinery through farmer producer companies/ organizations
• Promote the use of precision agriculture and mechanization for small land holdings
Credit and Insurance
• Recognize farm leases - use digital format for easy bank borrowing
• Develop non-banking finance companies and micro finance institutions to provide loans at farmers doorsteps
• Ensure universal access to crop insurance
Dr Abhay Firodia, Rakesh Bharti Mittal, and Rumjhum Chatterjee,
at the CEOs Roundtable during Agro Tech 2016

SPOTLIGHT
‘Today India is among the fastest growing
economies. There is much to learn
from Israel, which uses technology to
optimize its production and productivity.
It is a country which has converted
its disadvantages to advantages with
courage, conviction and fortitude.’
Pranab Mukherjee, President of India
‘Partnership between Israeli companies
and Indian farmers is creating magic for
Indian agriculture. Together, Israel and
India can ‘Make in India’ and ‘Make
for India.’ We in Israel were concerned
about homeland security, but India has
taught us to think about food security. And this is why
we are all here today.’
Reuven Rivlin, President of Israel
‘It is appreciable that CII is bringing
digital krishi to the farmers. CII’s efforts
corroborate the efforts of the Central
Government to increase agricultural
production and water conservation
with schemes like Zila Sinchai Yojana,
Soil Health Card, Rashtriya Gokul Mission and the
introduction of neem-coated urea.’
Radha Mohan Singh, Minister of Agriculture, India
‘We need to boost partnerships that
bring farmers, academia, R&D institutes
and industry together to develop cost-
effective technologies to take India’s
agriculture sector to the next level of
development.’
VP Singh Badnore, Governor, Punjab, and
Administrator, Chandigarh
‘CII Agro Tech is an ideal platform for
linking farmers with industry. All the
stakeholders must work towards finding
solutions for challenges impacting the
agriculture sector, such as depleting
water table, deteriorating soil health, climate change,
etc. If farmers not only produce, but also process, pack
and market their produce themselves, you can imagine
the sort of returns they can get. How? Because we
V O I C E S
would eliminate all middle men! Big brands are doing
this and are making huge profits. If they can, why can’t
our farmers? There are numerous opportunities in this
space and the returns are incredible.’
Om Parkash Dhankar,
Minister of Agriculture, Haryana
‘CII Agro Tech is a great opportunity
for Canada to showcase its products
and innovation in agriculture and food
processing. Ontario is participating in
Agro Tech for the first time.’
Jeff Leal, Minister of Agriculture, Food and Rural
Affairs, Province of Ontario, Canada
'By 2030, the demand for food would
rise by 40% and by 2040 it may further
increase by 60%. The Government is
making sustained efforts to sustain
natural resources and double the income
of farmers. Productivity can be increased if farmers
start diversifying.’
Dr Nirmaljeet Singh Kalsi, Addl Chief Secretary-
Development & PWD (B&R), Punjab
'I am very impressed with CII Agro Tech,
as my country is heavily dependent on
agriculture.To take our agricultural sector
forward we have a lot to learn from the
Indian experience.’
Ibou Boye, Ambassador of Senegal
‘CII AgroTech 2016 is a great opportunity
to explore agribusiness opportunities,
particularly connecting with potential
Indian investors in technology.’
Niankoro Yeah Samake,
Ambassador of Mali
‘India has been assisting us in food
production through equipment purchase
along with training in advanced
technologies.’
Lesego Ethel Motsumi,
High Commissioner of Botswana

‘The UK has high quality institutions
and companies ready to provide the
expertise and technology that India
needs.’
David Lelliott,
British Deputy High
Commissioner, Chandigarh
India is the fastest growing economy
in the world. Productivity enhancement
needs to be a national priority.’
Dr Naushad Forbes, President, CII,
and Co-Chairman, Forbes Marshall
'Instead of aiming merely at increasing the
productivity of farmers, initiatives need to
be taken to increase the income of the
farmers. To ensure that the maximum
number of farmers avail the benefits of
digital technology, more emphasis should be given to
the use of graphics and images, as is done in Japan.'
Salil Singhal, Co-Chair, CII National Council on
Agriculture, and CMD,
PI Industries, India
'The best possible business models,
advanced technologies exhibited at
CII Agro Tech help in building global
competitiveness of Indian agriculture.'
Dr Abhay Firodia,
Chairman, CII Agro Tech 2016, and
Chairman, Force Motors
‘Till now, the country was more focused
on removing poverty and building food
security. Now, there is greater emphasis
on natural resource management,
climate-smart agriculture and renewable
energy. Solar energy has great potential,
which we need to tap.’
Gokul Patnaik,
Chairman, CII Agro Tech 2016 Conferences, and
Chairman, Global Agri System Pvt Ltd
'The future of farming will be very
different with agri robots to plant seeds
and harvest crops, smart tractors, and
farmers checking the status of farms on
the computer. However, right now the
problem lies in the capital investment cost of these
initiatives, which are very high and are not cost-effective
for small farmers, who are technologically illiterate.'
Dr Ioanna Roussaki, Assistant Professor,
National Technical University, Athens, Greece
‘IT technologies like sensors, energy
harvesting processing, etc are useful
for agriculture. However, there is a lack
of high quality and low cost sensors
everywhere. This is where more
innovation needs to happen.’
Dr Yosi Shacham,
Professor, Centre for Nano Science &
Nanotechnology, Tel Aviv University, Israel
‘Technologies like drip irrigation can
help farmers in India, but are seldom
used due to lack of knowledge. Remote
sensing by satellites can be used to
provide accurate information to farmers
and give them irrigation prescriptions.’
Richard Klapholz,
CEO, Rivulis Irrigation, Israel
‘Technology has to be developed keeping
in view the needs of the consumers. In
the next three decades precision farming
is going to play a key role in increasing
farm productivity.’
Rajesh Jejurikar,
President and Chief Executive-Farm Equipment &
Two Wheelers, Mahindra & Mahindra, India
'CII Agro Tech 2016 has seen a huge
response from the international
community.’
Chandrajit Banerjee,
Director General, CII
SPOTLIGHT

SPOTLIGHT
Reshaping Indian Agriculture through
Advanced Technologies
T
echnology has been a key driver of agricultural
growth. Over time, the role of technology in
the context of sustainable agricultural practices
and higher income for farmers has gained more
relevance. Interestingly, the scope of technology
is moving from machinery, including tractors and
heavy implements, to the Internet of Things, Un-
manned Aerial Vehicles, and Artificial Intelligence,
among others.
Globally, precision farming that allows optimization
of resource allocation and improved productivity
per unit of land, labor and water is being widely
adopted. Innovations in agriculture are aiding this
process of transformation where a large part of
the farming activities can be done in a time and
resource efficient manner. Farmers benefit from
higher productivity and control over the quality of
the produce, and hence, better prices.
The Indian agricultural landscape has also been
witnessing the advent
of new and advanced
technologies such as
drones, hi-tech sensors,
and a host of mobile
applications connecting
buyers and sellers and
providing important
farm-related information
to the farmers, among
others. Most of the
technologies aim at
enabling the farmer to
take smart decisions based on the information base,
and also bring in precision farming to pre-determine
the optimal usage of water and other agri inputs
including seeds, fertilizers, etc.
Considering the diversity of Indian agriculture in
terms of soil, water and weather conditions, and the
variety of crops that can be grown across seasons
and geographies, there is tremendous opportunity
for technology-led solutions. However, improved
customization, interpretability, ease of adoption
particularly for small farmers, and cost-effectiveness,
will be critical for many of these to be successful,
both in terms of commercialization and scalability.
The CII Food and Agriculture Centre of Excellence
(FACE) program on ‘Advanced Technologies Reshaping
Indian Agriculture,’ brought leaders, in agribusiness,
young entrepreneurs and innovators, and students
from India and beyond to the CII Agro Tech 2016
platform.
The program focused on strengthening the dialogue
on advanced technologies and their scope in Indian
agriculture, while identifying and incubating advanced
technologies that have the potential to address some
of the critical issues facing Indian agriculture.
At the ‘Global Dialogue,' more than 20 speakers from
USA, Germany, and
Israel, as well as India,
shared knowledge
and expertise on how
advanced technologies
have helped farmers
in their respective
countries achieve higher
productivity and hence
higher incomes, and
discussed their scope
and applicability in
India. The deliberations
also pointed to the need for stronger partnerships
in implementing successful technology interventions
in India. Young entrepreneurs with successful start-
ups shared their experiences and views on the way
ahead ahead.
With a 15-member delegation from Israel, including
Winners of AgHAck competition at the CII Agro Tech

SPOTLIGHT
academia, business, investors and start-
ups, there was renewed commitment
towards strengthening India-Israel ties,
and leveraging the competence of Israel in
precision farming and commercialization of
technologies, to benefit India.
For the first time, the Agro Tech
Exhibition had an exclusive pavilion on
Advanced Technologies in Agriculture.
Nineteen participants, including pre-
commercial and start-ups, showcased
advanced and promising technologies
related to agriculture, such as sensors,
drones, mobile application-enabled virtual
platforms, advanced logistics systems,
hydroponics, and more. Fifteen of these
participants pitched their technology
before a distinguished jury comprising agri
business leaders, investors, and experts.
The top two winners, Future Farms, a
Chennai-based enterprise working on
hydroponics, and AGNEXT Technologies, an
R&D hub based out of IIT Kharagpur, were
awarded prizes of `75,000 and `50,000,
respectively, and an exposure trip to Israel.
About 67 students from 24 universities,
IITs and IIMs participated in AgHAck
2016, a hackathon focused on agriculture.
Starting from team building to interactions
with mentors, and challenge champions
to sharpen their understanding of the
problems, and hence find better solutions,
the two-day Hackathon put forth several
interesting ideas with definite technology
solutions related to agri marketing, crop and
soil health, crop insurance, data analytics,
and dairy farm management. The student
teams that worked on developing technology
solutions for crop insurance and on data
processing and analytics were awarded
`100,000 and `50,000 respectively. The
top three teams were offered mentorship
to build upon their ideas.
As the next step, CII FACE will work
with the start-up winners as well as the
student teams, and provide them essential
incubation and mentoring services, to
harness innovations that have the potential
to drive the next change in agriculture.
The food processing sector is a vital link between agriculture
and industry. The sector offers the potential to transform the
rural landscape by improving the value of agricultural produce
resulting in better remuneration to farmers, employment
generation, improved supply chain infrastructure and improved
nutritional intake by consumers.
The food processing industry in India has made significant
strides, particularly in the last two decades. According to the
Ministry of Food Processing Industries, the food processing
sector has been growing faster than the agriculture sector.
Organized food retail, consistent export growth along with
growing urbanization, increasing disposable income and changing
food consumption patterns, are driving the growth of this
industry in India.
With a rich agriculture resource base, India is among the
world’s leading growers of a variety of produce, ranging from
bananas and milk, to wheat and spices. However, we are yet
to make a mark on a global scale in terms of processing our
produce. We process merely 2% of our fruits and vegetables,
in contrast to countries like the United States (65%), China
(23%) and Philippines (78%), which are far ahead in reducing
wastage and enhancing the value addition and shelf life of their
farm produce.
Further, the food processing sector has immense potential to
generate employment, directly, as well as across the entire
value chain, through its forward and backward linkages. A vibrant
food processing industry is also an important catalyst for crop
diversification and value-added agriculture.
Recognizing this potential, the Government of India has identified
food processing as one of the key sectors under the ‘Make
in India’ initiative and has opened it for 100% Foreign Direct
Opportunities in
Food Processing Sector
to 'Make in India'
A vibrant food processing sector will
not only leverage the potential of
India, but also boost the economic
wellbeing of millions of farmers,
says Rakesh Bharti Mittal

Given the right policy
framework, the
nation can deliver the
agriculture productivity,
profitability and
sustainability agenda,
says Salil Singhal
SPOTLIGHT
Investment (FDI). Thirty-seven mega food parks have been
sanctioned, of which eight have been operationalized. To
facilitate investments, a single window facilitation cell has also
been created to handhold overseas and domestic investors in
the sector.
The tax structure has been made more favorable. Excise duty
on machinery for processing has been reduced from 10%
to 6%. Pre-cold storage services like pre-conditioning, pre-
cooling, ripening, waxing, retail packing, and labeling of fruits
and vegetables, have been exempted from Service Tax. Loans
to food and agro-based processing units and cold chains have
been classified under agriculture activities for priority sector
lending.
These initiatives have created a positive ecosystem which has
led to an increase in FDI in recent times. According to data
provided by the Department of Industrial Policy and Promotion
(DIPP), the country received around $6.82 billion worth of FDI
during the period April 2000-March 2016.
No doubt, the food processing sector is poised for huge
growth in India. The private sector, through investments and
the introduction of new technologies, is playing a pivotal
role in making India a global hub for food processing. India
is projected to have the potential to attract as much as $33
billion of investment over the next 10 years and also generate
9 million jobs. Investment in the sector is being accompanied
by interventions and inputs by the private sector to improve
agriculture productivity, reduce wastage, and provide better
remuneration to the farming community.
To harness the true potential of this sector, CII is working
closely with all stakeholders, including the Government, to
address some of the challenges that continue to exist. The
approach is multi-pronged: First, facilitate demand creation of
processed food and expansion of the market by positioning
India as a preferred sourcing hub. Second, align with the ‘Make
in India’ initiative and encourage overseas food processing
companies to partner and participate in the initiative. Third,
provide quality inputs to the Government in order to create a
conducive policy and regulatory framework in the country and
fourth, keep the industry informed about global best practices
and food processing trends.
To conclude, I would like to emphasize that farm linkages with
the food processing sector are critical not only to leverage
the potential of India but also for the economic well-being of
millions of farmers. India certainly offers a huge opportunity for
investors from across the world to come and set up processing
units to leverage the abundant availability of fruits, vegetables
and other agri produce in the country.
Rakesh Bharti Mittal is Vice President, CII, and Vice Chairman,
Bharti Enterprises Ltd
QThe Government has set a target to
double farmers’ income by 2022. How
can platforms like Agro Tech help achieve this
objective?
Any income enhancement requires producing
the maximum at the lowest possible cost. In
other words, farmers need to produce their
crops by extracting the highest production from
the agri inputs used, reduce waste in harvesting
and transportation, and obtain the best possible
prices by ensuring quality output.
AgroTech is a forum that displays the entire
gamut of technologies in the agriculture value
chain, including those available in India as well
as across the world. AgroTech also highlights
the issues of finance and insurance which play
a critical role in enhancing both productivity and
farmer income.
AgroTech therefore helps bring the latest and
the best farming knowhow to the farmers, and
to agri-related industries.
Various conferences and seminars organized at
the AgroTech bring the best minds in agriculture
together to interact and share innovations.
Discussions on digitalization in agriculture, water
and climate change management, would also be
helpful to farmers.
QWhat are the major problems in the
agriculture sector in India and how can
we solve them? How does CII Agro Tech help
'We need a
National
Agri Strategy'

SPOTLIGHT
in resolving some of these issues?
Agriculture contributes only 14% of the overall GDP but
over 55% of the population is involved in this activity.
Hence, it is essential that the contribution of this sector
must increase substantially to make India a strong and
powerful economy.
Despite the huge extent of arable land covering every
possible agro climatic condition, the productivity of
most of our crops is less than half that of China, and
even below global averages. Poor farming practices
in many parts of the country, shrinking average farm
size from nearly 2.30 hectares in 1970 to less than
1.2 hectares, untenable land leasing arrangements,
poor infrastructure, credit and insurance facilities,
huge post-harvest losses, etc, inhibit rapid agricultural
growth.
We need a national agri strategy and policy to improve
information exchange and digitalization, strong extension
activity to ensure the most cost-effective use of inputs,
latest planting and harvesting technology, and post-
harvest logistic management, cold storage, and strong
rural infrastructure.
We must, however, recognize that we have made great
progress in agriculture. Our agri exports are over $32
billion, we have the highest production of milk, bananas,
okra, etc, in the world, and are the 2nd
highest in food
production globally. Further, our farmers are hardworking
and sagacious and quickly adopt technologies. Our
Horticulture Mission has been a great success. Yet, a
lot remains to be done.
CII Agro Tech, through its world-class exhibitions
and international conferences, brings together all
stakeholders, including farmers, to engage, network
and explore how best to adopt and exploit newer
technologies and improve farm practices which can
add to rural incomes.
QGiven the challenges, how can we make Indian
agriculture more sustainable?
Any change has to be first driven by public policy.
The reforms of the 1990s have led to both qualitative
and quantitative changes in our industrial and services
sectors - the benefits are clear for all to see.
Similarly, agriculture also needs major policy initiatives
and reforms. But regrettably, agriculture being a State
subject, political considerations continue to dominate
agri policies. Unless economic criteria drives policy,
agriculture will remain seriously challenged.
Free supply of water and electricity, highly subsidized
urea prices, MSP for a select few agri commodities,
ambivalence on the use of genetically-modified seeds,
scant respect for intellectual property and data protection
when it comes to seeds and pesticides, the APMC Act,
which controls agri product sales, serious deficiencies
in public procurement, storage and distribution, and the
supply of spurious inputs, are major issues that need to
be set right to make farming sustainable. This requires
strong political will and committed administrative
acumen.
India can be rightly proud of its entrepreneurial skills,
both at the farm and the industry and services level.
Given the right policy framework, the nation can deliver
the agriculture productivity, profitability and sustainability
agenda.
Undoubtedly, initiatives such as focus on irrigation,
electrification of villages soil health card, changes in
insurance policies and availability of rural credit are
significant steps to make agriculture sustainable.
Further, digitalization, technology and innovation will play
a very significant role in this, and we have compelling
examples of some islands of success to give positive
hope.
All stakeholders, Government, bureaucracy, industry,
trade and farmers need to do things differently. Dare I
suggest a ‘surgical strike’ of agricultural policy reforms,
to get on the platform of rapid farm income growth
as this would derisk farming, and also ensure its
sustainability.
QThere is huge concern over the decreasing land
holdings in the country. What solution do you
suggest?
The average land holding size has been constantly
decreasing. While the total acreage of 140 million
hectares has remained the same, the number of farmers
has doubled, leading to sub-optimal productivity. The
solution lies in land aggregation. CII believes that the
way forward is to bring in legislation that facilitates
leasing of land while protecting the rights of the
owners.
The time has come for large corporates to take up
‘aggregated farming,’ which will not only ensure higher
productivity, and therefore higher incomes for farmers,
but encourage others to enter this game-changing
business model.
Salil Singhal is Co-chair, CII National Agriculture Council, and
Chairman and Managing Director, PI Industries

Powering a
TECH-TONIC Shift
India-UK Tech Summit
Rt Hon Theresa May, Prime Minister of the United Kingdom, and Narendra Modi, Prime Minister of India, with Dr Harsh Vardhan,
Minister of Science & Technology, and Earth Sciences, India; and Dr Naushad Forbes, President, CII, and Co-Chairman,
Forbes Marshall, at the India-UK Tech Summit in New Delhi
COVER STORY
technology
I
n a red-letter day for CII, two Prime Ministers,
Mr Narendra Modi of India, and Rt Hon Theresa
May of the United Kingdom, addressed the
inaugural session of the India-UK Tech Summit, in
New Delhi on 7 November. CII organizes its annual
technology summit in partnership with the Department
of Science & Technology, Government of India, with a
different partner country each year.This year, the partner
country at the 22nd
edition of CII's annual technology
summit was the United Kingdom.
In terms of footfalls of participants, number of
delegates in the entourage of the visiting premier,
number of exhibits, number of high-
profile speakers and the number of
sessions, the three-day Summit,
Event Highlights
2 Prime Ministers
inaugurated
6 Ministers
participated in the
deliberations
200 world-renowned
experts spoke
3 award ceremonies
4 publications
released
New India-UK
collaborative industrial
R&D program
launched
5 conferences 30 sessions 3000 delegates
with five conferences and three award ceremonies, was
a runaway success. Over 3,000 visitors from all parts
of the world attended the series of summits on higher
education, design, intellectual property, and innovation
and entrepreneurship, as well as the insightful technology
and R&D sessions related to advanced manufacturing and
robotics, life sciences, and smart cities.

Science is universal but
technology has to be local,
said Mr Narendra Modi,
highlighting business
opportunities for UK
and Indian companies in
Government programs
such as Make in India,
Smart Cities and Start-up
India. The present Indo-UK
cooperation in science and
technology is driven by ‘high
quality’ and ‘high impact’
research partnerships, he
said. Under the Newton-
Bhabha program of
scientific collaboration
between India and the UK, in less than two years’ time,
we have started wide-ranging collaborations covering
basic science to solution science aimed at addressing
societal challenges, said Mr Modi.
With Brexit, the UK would forge a new global outlook,
said Ms Theresa May. This visit to India, her first visit
outside Europe as Prime Minister, and her first trade
mission, was aimed at greater trade and investment and
fewer trade barriers, she said. Indian business visitors
would now be eligible for the Registered Travelers
Scheme of the UK, which was aimed at a facilitative
visa regime, she announced.
The British Prime Minister outlined a three-point agenda
for her visit. One, identify business opportunities; two,
look at each other’s priorities as ‘our own priorities,’
and three, break down barriers and make it easier to
do business.
“The CII-DST Tech Summit will provide a wide-ranging
platform for a vibrant business partnership,” said
Dr Harsh Vardhan, Minister of Science and Technology,
and Earth Sciences, India.
Dr Naushad Forbes, President, CII, and Co-Chairman,
Forbes Marshall said
the bilateral summit this
year would focus on two
points – how to increase
public investment in
research, and how to get
firms to invest more in
science and technology.
“The Prime Minister
has made technology
the cornerstone of
COVER STORY
Kumar Iyer, Deputy High Commissioner of Britain in Mumbai, and Director General, Economic Trade and
Investment UK; Rt Hon Liam Fox, MP, Secretary of State for International Trade, and President of the
Board of Trade, UK; Arun Jaitley, Minister of Finance, and of Corporate Affairs, India;
Dr Naushad Forbes, and Chandrajit Banerjee, Director General, CII
Prof Pradyumna Vyas, Director, National Institute of Design;
Jo Johnson MP, Minister of State for Universities, Science,
Research and Innovation, UK; Baroness Usha Prashar, Deputy Chair
of the Board of Trustees, British Council, and Prof Anne Boddington,
Design Council Trustee, University of Brighton
Prof Partha P Chakraborty, Director, IIT Kharagpur; Manjul Joshipura, Scientist, WHO; Sir Keith Burnett,
Surrey Satellites Technology Ltd; Andrew Wathey CBE, Vice Chancellor & Chief Executive, Northumbria
University, and Dr Arabinda Mitra, Head – International Cooperation (Bilateral), Department of Science and
Technology, India
Chandrajit Banerjee; Rajiv Pratap Rudy, Minister of State
(Independent Charge) of Skill Development and Entrepreneurship,
India, and Emma Sinclair, Co-Founder, EnterpriseJungle

COVER STORY
Toby Peters, Founder & CEO, Dearman Engine; Kishore Jayaraman, President (India & South Asia),
Rolls Royce; Dr Pawan Goenka, Chairman, CII National Committee on Design, and Executive Director,
Group President (Auto & Farm Sector) Mahindra & Mahindra; Amit Kalyani, Executive Director,
Bharat Forge Ltd, and Prof Sir Martin Sweeting
Shobana Kamineni, President Designate, CII, and Executive Vice Chairperson,
Apollo Hospitals Enterprise Ltd; Rakesh Bharti Mittal, Vice President, CII, and
Vice Chairman, Bharti Enterprises Ltd; Dr Harsh Vardhan, Rt Hon Theresa May,
Dr Naushad Forbes, and Chandrajit Banerjee
the many new programs introduced
for development and his vision for
technology is inspiring,” he said.
Along with key departments and
ministries from the UK participating
in a big way in the Summit in India,
event received support and participation
from key ministries, such as Electronics
and Information Technology, Urban
Development, and Human Resource
Development, as well as the Departments
of Heavy Industry, Pharmaceuticals, and
Biotechnology.
Some of the key speakers from India were
Mr Arun Jaitley, Minister of Finance, and of
Corporate Affairs; Ms Nirmala Sitharaman,
Minister of State (Independent Charge) of
Commerce and Industry; Mr Rajiv Pratap
Rudy, Minister of State (Independent
Charge) of Skill Development and
Entrepreneurship; Rao Inderjit Singh,
Minister of State for Urban Development;
Mr Amitabh Kant, CEO, NITI Aayog;
Prof Ashutosh Sharma, Secretary,
Department of Science and Technology,
and Prof Vijay Raghavan, Secretary,
Department of Biotechnology, among
others.
The Tech Summit this year hosted five
summits:
• 22nd
Technology Summit, with focus
on Smart Cities; Digital Healthcare,
Advanced Manufacturing and
Robotics
• 6th
Higher Education Summit
• 16th
Design Summit
• 3rd
Intellectual Property Summit
• Innovation and
Entrepreneurship
Summit.
T h e p a r t n e r i n g
government agencies for
these Summits included
the All India Council
for Technical Education
(AICTE), the National
Institute of Design, and
the Intellectual Property
Office of India.
‘The GITA (Global
Innovation and Technology
Alliance) platform of CII
and the Department of
Science & Technology,
along with Innovate UK,
to support industry-
related R&D projects in
affordable healthcare, clean
technology, manufacturing
and ICT, opens new
potential for Indian and
UK businesses to convert
scientific knowledge into
technology-based enterprises.’
Narendra Modi, Prime Minister of India

VOX POPULI
‘India’s voice is getting noticed in the world, and there is no
voice for protectionism in the country. The India-UK Tech Summit
throws up opportunities for joint ventures and associations between
India and the UK. India’s manpower resources are quickly developing
competitive skills which can be leveraged by the UK.’
Arun Jaitley, Minister of Finance, and of Corporate Affairs, India
‘India and the UK have made great strides in their relationship and enjoy a multidimensional
partnership. The Newton-Bhabha program and the second phase of the UK India Education and
Research Initiative have set up new science collaborations for societal challenges, women and
child welfare, weather and climate change research, etc. The two countries must explore innovative
technologies and knowledge creation for wealth creation.’
Dr Harsh Vardhan, Minister of Science & Technology and Earth Sciences, India
‘Brexit offers a huge opportunity for UK-India economic interaction in areas such as Life Sciences,
infrastructure, and Services, among others. The new Department of International Trade, which would
have four Ministers, would help in trade facilitation.’
Greg Hands, MP, Minister of Trade and Investment, UK
‘India and the UK are ‘perfect partners’. Today, we are here to prove to India that we are the best
for R&D, Technology, Science and Education… Brexit is a new opportunity for an outward-looking
UK. A new Joint Working Group of senior officials on trade and investment has been set up for
regular dialogue to address removal of barriers to trade. The Tech Summit is vital to the vision of
transforming the future of bilateral relations.’
Rt Hon Liam Fox, Secretary of State for International Trade, UK
‘While India has emerged as one of the most open economies in the world, the Western world
has become more protectionist, even while advocating free trade. There is a need for free trade
in cross-border movement of manpower as well, and the UK should allow meritorious people from
India to work in the country.’
Amitabh Kant, CEO, NITI Aayog
‘The United Kingdom and India have an extraordinary opportunity to collaborate in what is known
as ‘precision medicine,’ at affordable cost.’
Prof K Vijay Raghavan,
Secretary, Department of Biotechnology, India
‘We do not need to re-invent our wheels of innovation, but we do need to invent certain local wheels
such as digitization and building a sound digital infrastructure to achieve good decision-making, good
governance and developmental roadmaps.’
Prof Ashutosh Sharma, Secretary, Department of Science & Technology, India
‘To raise the share of manufacturing in India’s GDP, the sector must grow at double the
average rate of the past 25 years. Technology would be integral to the effort. Indian
educational institutions need to raise the share of their expenditure on R&D from the
current 4% to 20% of total R&D expenditure, while private firms must increase their
share from the present 0.3% of GDP to 1.5%.’
Dr Naushad Forbes, President, CII, and
Co-Chairman, Forbes Marshall
COVER STORY

COVER STORY
T
he results of
the 5th
edition
of the All
India Council for
Technical Education
(AICTE)-CII Survey of
Top Industry-Linked
Technical Institutes
2016 were announced
at the India-UK TECH
Summit. One award
each was given in five categories, which included 4 degree
and 1 diploma level award in engineering, pharmaceutical
and management categories.
Compared to the 21 awards which were given last year,
the number of awardees this year was considerably
lower at 5. However, this was not in any manner a
reflection of the performance of the institutes but
was meant to maintain the exclusivity of the awards,
as advised by the jury this year, explained Prof Anil
Sahasrabudhe Chairman, AICTE.
The survey, said Dr B N Suresh, President, Indian National
Academy of Engineering, (INAE), and distinguished
professor, Indian Space Research Organization, (ISRO),
who headed the jury this year, is a good way to
encourage institutes to start interacting with industry
and to look at their output from a relevance perspective.
Dr Y S Rajan, a member of the expert group of the
survey, who has been part of the process since its
inception, said the survey has taught institutes how
to maintain records and document the work they are
doing with industry.
“The survey has maintained its high and exacting
standards of excellence over the years. The process of
arriving at the winners has been rigorous despite several
challenges this year,” said Mr Vijay Thadani, Chairman,
CII National Committee on Higher Education, and Vice
Chairman & MD, NIIT, & Co-Founder, NIIT University.
In addition to the awards, a new feature was added
in the survey this year – the presentation of report
cards and certificates of participation to individual
institutes who had registered for the survey
separately with CII. The purpose of the
report cards is to give individual level
guidance to institutes. As many
The Winners
Category Winner Sponsor
Best Industry-linked
Electrical & Allied
Engineering Institute
(Standard category,
Degree)
College of
Engineering Pune
ELICO Ltd
Electronics & Allied
(Standard category,
Degree)
Dronacharya Group
of Institutions
ELICO Ltd
Electronics & Allied
(Standard category,
Diploma)
Thiagarajar
Polytechnic College
ELICO Ltd
Emerging Management
Institute
L N Welingkar
Institute of
Management
Development &
Research, Bengaluru
Hindustan Unilever
Pharmacy Institute
Acharya & B M
Reddy College of
Pharmacy
Cadila
Pharmaceuticals
(Award in the
Memory of Late
Indravadan Modi)
Recognizing
Industry-Institute Linkages
as 36 institutes got
these, nearly half of
them in the platinum
category, denoting
high linkages with
industry.
This edition of the IndPact survey had 890 participating
institutes. Of these, 18% were in the platinum category
of high industry linkages; 54% in the gold or medium
category, and 28% in the silver or low category of
industry linkages.
Initiated in 2012 by CII and the AICTE, the IndPact Survey is
an objective source of information on industry – academia
collaboration. Over the years, its scope has been expanded
to include four major streams of study, engineering,
management, pharmacy, and architecture/planning.
In the online survey, the first level of basic scores
is calculated through algorithms set after extensive
consultation and brainstorming with industry and
academic experts.
At the award ceremony of ‘AICTE-CII Survey of Industry Linked Technical Institutes 2016’

COVER STORY
Presentation of the CII Industrial IP Award 2016 for Top Patent and
Trademark Driven Industry to Wockhardt Ltd
The CII Industrial Intellectual Property Award
recognizes and celebrates Indian enterprises
for excellence in Intellectual Property (IP)
protection and generation to fuel their economic
growth, and the country’s economic progress.
It aims to encourage organizations to foster a
culture of IP management and commercialization
across industry segments. This year, the award,
open to all types of industries which thrive
on IP driven-growth, was presented in six
categories:
1. Top Patent-driven Industry (Large):
Wockhardt Ltd
2. Top Patent-driven Industry (Small & Medium):
Concept Medical Research Pvt Ltd
3. Top Trademark-driven Industry (Large): Wockhardt Ltd
4. Top Trademark-driven Industry (Small & Medium): Quick Heal Technologies Ltd
5. Top Design-driven Industry (Large): Siddhi Vinayak Knots & Prints Pvt Ltd
6. Top Design-driven Industry (Small & Medium): Resil Chemicals Pvt Ltd.
Celebrating Excellence in
Intellectual Property Development
CII Industrial Innovation
Awards 2016
The CII Industrial Innovation Awards were institutionalized
by CII in 2014 to recognize and celebrate innovative Indian
enterprises across industry segments.
A total of 130 entries were received this year from various large,
medium and small enterprises, out of which the jury selected
the top 25 most innovative companies. From these 7 companies
were given special awards under various categories.
Grand Award: JCB India
Manufacturing Sector
Large Enterprise: JCB India
Medium Enterprise: Grind Master Machines Pvt. Ltd
Micro & Small Enterprise: (i) Vyome Biosciences Pvt. Ltd (ii) Lotus Wireless Technologies India Private Ltd
Service Sector
Large Enterprise: Tata Power Delhi Distribution Ltd
Medium Enterprise: Cholan Tours Pvt Ltd
Micro & Small Enterprise: Rajasthan Fort and Palace Pvt Ltd
Along with the category winners, the 25 most innovative companies were recognized for their
excellence in Innovation.
Team from JCB India receiving the Grand Award
for the 'Most Innovative Company'

INDIA AND THE WORLD
India-UK CEO Forum
The meeting of the India-UK CEO Forum was organized in New Delhi on 7 November, coinciding with the India
visit of Rt Hon Theresa May, Prime Minister of the United Kingdom. The Forum, co-chaired on the India side
by Mr Ajay G Piramal, Chairman, Piramal Enterprises Ltd, and on the UK side by Sir Gerry Grimstone, Chairman,
Standard Life, discussed challenges and opportunities in the India-UK business landscape. CII was the official
Institutional Partner to the Forum from India, with the UK-India Business Council (UKIBC) from the UK.
The UK is the largest G20 investor in India and India is the third-largest investor and second-largest job creator
in the UK. The Forum is committed to addressing issues in bilateral trade and investment, as well as pursuing
new areas for collaboration.
In the first meeting of the India-UK CEO Forum since the UK voted to exit the European Union, members
felt the exit presents an opportunity to build a new, stronger India-UK trade and investment relationship. They
welcomed and supported the commitment of both Governments towards this.
It was announced that an Advanced Material and Manufacturing Technology Center would be set up in India,
modelled on the high-value manufacturing Catapult Centres of UK, with equal participation from the respective
Governments, industry members and academia.
The Indian members of the Forum raised several issues including easing global talent mobility in the UK, addressing
the technology-related skills shortage in the UK, avoiding double taxation for Indian industry, institutionalizing
a social security totalization agreement, and according mutual recognition of qualifications. They also sought
further clarity and certainty in emerging policies, post-Brexit.
Several reports and papers were launched at the Forum with recommendations to achieve these objectives.
These include:
• A report on Smart Cities and the digital economy with proposed reforms to accelerate the roll-out of Digital India.
• An overview paper on the India UK Financial Partnership since its inception.
• A paper on Financial Inclusion focusing on access to affordable finance for MSMEs and affordable housing finance.
• A Responsible Shareholder Engagement paper on corporate governance through an Indian Stewardship Code.
• A concept paper has been presented outlining a program to facilitate collaboration between UK and Indian
start-ups and to support a broader knowledge exchange by rolling out a program to link incubators at Indian
higher education institutions with incubators in the UK, including those associated with universities. This will
enhance India’s start-up program, develop new forms of engagement between UK and Indian universities,
and facilitate a start-up bridge between entrepreneurs.
The CEO Forum also discussed collaboration and capacity-building in the area of insolvency, as India implements a
major reform through the Insolvency and Bankruptcy Code 2016.Other areas identified for closer cooperation include
tourism and hospitality, renewable energy and pharmaceuticals.
Narendra Modi, Prime Minister of India, and Theresa May, Prime Minister of the United Kingdom, with members of the
India-UK CEO Forum in New Delhi

MINDSPACE
media & entertainment
T
he Indian Media & Entertainment (M&E) sector
has huge room for growth and can create
10 million jobs without much spending from
public infrastructure. In recent times, the industry is
witnessing rapid action on policy interventions from
the Government.
It is very encouraging that we will soon have an updated
and contemporary Cinematograph Act replacing the out-
dated Act of 1952 for promoting cinema as a form of
creative expression. Also, the Ministry of Information
& Broadcasting has initiated the Press and Registration
of Books and Publications (PRBP) Bill with a view to
rehaul and replace the age-old PRB Act, 1867. The M&E
Industry also looks forward to the rollout of the Goods
and Services (GST) regime.
Visible actions from the Government on the policy
front, as well as new initiatives from various State
Governments are showing encouraging new growth
prospects for the sector.
In order to harness India’s soft power in the realm of
cinema, the Ministry of Information & Broadcasting
(I&B) has set up a Film Facilitation Office to promote
and facilitate shootings by foreign film makers in India.
The Ministry has also included ‘Most Film-friendly
State’ as a special category award in the National
Film Awards this year. The Shyam Benegal Committee
report for holistic interpretation of the provisions of the
Cinematograph Act/Rules is under consideration. The
Ministry is in the process of setting up the National
Centre of Excellence for Animation, Gaming and VFX
in Maharashtra, envisioned as a world-class institution
to provide skilled manpower in this emerging area.
While more clarity is needed, the FDI relaxation for
the M&E sector across the board will result in more
investment and consolidation in the industry.
The Big Picture
CII has been driving several initiatives to promote the
growth and development of the media and entertainment
sector in India under the umbrella of ‘The Big Picture.’
The vision to create growth templates in all M&E
verticals and bring the industry together to speak in one
voice on all major issues, is being guided by the finest
creative and business minds from the Government,
regulators, academia and civil society.
The CII National Committee on M&E strongly believes
that India is set to emerge as a global M&E hub. The
main objective is to scale the sector towards achieving
$100 billion. With this objective, CII is focusing on several
major M&E issues this year. From a comprehensive
Media & Entertainment Sector in India
‘Get Disrupted to Innovate’
CII strongly believes that India is set to emerge as a global
M&E hub. Buoyed by the great success of the recent Big Picture
Summit, our second lead maps the current global scenario and
evolving trends, and attempts to chart out a carefully-planned
path to convert this belief into reality.

MINDSPACE
taxation paper to mapping the success of policy
initiatives for the sector by State Governments, the
agenda is to scale the industry to its true potential.
• Influence of emerging technology in the M&E
sector, spanning cloud storage, Internet of Things
(IoT), multiple screens, new delivery mechanisms,
transmission and communication, et al.
• Preparation of a document on GST and its impact
on various media and entertainment verticals.
• Issues related to Digital Entertainment – the way
forward for the industry. Industry leaders are
optimistic of enabling a digital payment process,
which will benefit the entire M&E sector.
• Continuing efforts to work with the Government to
combat piracy, which becomes even more relevant
as the industry is moving towards multi-platform.
CII welcomes the Telangana Government’s initiative
in setting up the country’s first Intellectual Property
Crime Unit, to curb digital piracy and protect
intellectual property.
• Work on action points to increase movie screen
density. Multiplexes in the country are set to double
in two to three years.
• Preparation of a paper on talent pipeline and job
creation for the media and entertainment sector.
• The Cinematograph Act of 1952 should be made
contemporary to meet the present-day challenges,
and the entire film certification process needs to
be made more transparent and speedy.
• Engage with the M&E start-up ecosystem to build
synergies.
Big Picture Summit 2016
The CII Big Picture Summit 2016 has emerged as an
annual meeting ground for leaders to deliberate on
the way forward for the M&E industry to accelerate
growth.
The 5th
edition of the Summit, held recently in New
Delhi, deliberated on challenges for the M&E industry,
and ways to overcome them, in order to achieve the
growth target of $100 billion in the next five to seven
years. With technology setting a relentless pace of
change, and start-ups driving this change across the
world, ever-extending the frontiers of innovation and
disruption, the Summit this year focused on ‘Embracing
Disruption to Stay Competitive.' The growth of varied
platforms such as 4G, broadband, mobile technologies,
and digital media has enabled the M&E sector to move
towards ‘convergence across platforms and content.’The
deliberations provided useful insights to move forward,
by innovating and redefining business modules.
Digital and mobile tools have been leading to paradigm
shifts in the M&E sector, said Mr M Venkaiah Naidu,
Minister of Information and Broadcasting, Housing, and
Urban Poverty Alleviation, at the Summit. He said the
Government's campaigns such as ‘Make in India,’ ‘Skill
India’ and ‘Digital India,’ and the roll-out of the GST,
are clearly positive signals of the new transformation.
Seeking collaboration with the industry, Mr M Venkaiah
Naidu said the “I&B Ministry would play the facilitator’s
role for the M&E sector.”
Several Ministers, including Mr Rajiv Pratap
Rudy, Minister of State (Independent Charge) of
Skill Development and Entrepreneurship; Col
Harit Nagpal, CEO, Tata Sky; R S Sharma, Chairman, Telecom Regulatory Authority of India (TRAI); M Venkaiah Naidu,
Minister of Information and Broadcasting, Housing and Urban Poverty Alleviation; Sudhanshu Vats, Chairman, CII National Committee on Media
& Entertainment, and Group CEO, Viacom 18, and Ramesh Sippy, Film Producer and Director, at the Big Picture Summit 2016 in New Delhi

MINDSPACE
Rajyavardhan Rathore, Minister of State of Information
& Broadcasting, Mr Vijay Goel, Minister of State
(Independent Charge) of Youth Affairs and Sports, and
Minister of State ofWater Resources, River Development &
Ganga Rejuvenation and Mr Manoj Sinha, Minister of
State (Independent Charge) of Communications, and
Minister of State of Railways, as well as Mr R S Sharma,
Chairman, Telecom Regulatory Authority of India (TRAI),
and Mr Rajiv Aggarwal, Joint Secretary, Department of
Industrial Policy and Promotion (DIPP), among a galaxy
of eminent thought-leaders,also addressed the Summit.
Key Takeaways
• Need to Ensure Parity: Convergence is not happening,
it has happened. Sooner or later we will see the
kind of consolidation being witnessed in the West.
The regulatory framework must pre-empt this and
prepare for it. This means ensuring parity across
different forms of media so that there is no regulatory
arbitrage.
• Friends for Success: Technology and data are our
friends, not foes. Technology/ data and content are
generally viewed as two sides of a coin. Instead,
we need to see them as a potent currency that can
revolutionize success and monetization.
• Professionals Needed: The M&E sector offers
thousands of jobs in the non-glamour, behind-the-
content world. There is a need for professionals
Convergence: The New Multiplier
CII collaborated with the Boston Consulting Group (BCG) for the second consecutive
year to release a report titled, ‘Convergence: The New Multiplier for Indian Media &
Entertainment's $100 Billion Vision,’ at the Big Picture Summit.
Releasing the report, Mr M Venkaiah Naidu, Minister of Information and Broadcasting,
Housing, and Urban Poverty Alleviation, observed that ‘there is a wrong feeling that the regulators are all
strangulators.’ He announced that his Ministry would facilitate devising an appropriate regulatory framework.
The report identifies three vectors to help the industry achieve its $100 billion vision:
• Tapping rural un-connected customers who have the potential to grow to over 300 million by 2020.
• Capturing a large share of time of digitally-connected consumers, as digital consumption has been found to
be additive, rather than a substitute to traditional media
• Creating a supply explosion for strategically segmented audiences, which is likely to reap rich dividends, as
has been seen in States like Maharashtra and Andhra Pradesh.
The report also identifies ecosystem interventions to pave the way for growth. The metrics for monetization need to
be reflective of growth in the audiences reached as well as the quality of engagement. Concerted efforts from the
Government, academia and industry bodies are required to create a large and skilled workforce. Finally, the report
calls upon the Government and regulators to support the M&E industry on its journey to achieve its full potential,
by driving the ease of doing business, be it for raising funds, or providing a facilitative licensing regime.
trained in analytics to draw consumer insights for
new content, engage consumers and build improved
monetization models.
• Tremendous Opportunity: India has a huge
opportunity to position itself as a digital R&D content
hub for the world. Digital platforms are proliferating
and there are tremendous opportunities, especially
for creators, storytellers and technology-providers.
• Digital Spread: The spread of digital technology is
offering equal opportunities to start-ups as well as
established media companies to participate in the
growing global M&E market.
• 3 Cs: India’s Media and Entertainment industry
is going through a rapid transition to a direct-to
consumer world through new digital technologies.
Curation, customization and convenience are playing
a prime role in this disruptive environment.
Highlights
• The confluence of telecom, technology and content
will rapidly transform the Indian M&E sector.
• Rural consumption has been growing at a faster pace
than urban consumption in India in recent times.
• A strong anti-piracy law with even stronger
enforcement is the order of the day and is critical
for the success of convergence, which would enable
monetization.

MINDSPACE
QWhat are the disruptions you would like to see in
the Indian media and entertainment space?
To be brutally honest, I’m sure all of us would be
delighted if the disruptions that hit us are the ones that
we have foreseen! That said, the nature of our business
is such that there are bound to be disruptions that we
are not prepared for.This is where an organization’s DNA
comes into play. We have to be ‘built’ to be destroyed
so that we can build again. One key disruption that we
are already beginning to see (and its impact is only going
to get stronger) is in the area of Big Data and Analytics.
The preparation for this has to be on two fronts: we
have to equip ourselves from a technology perspective
to leverage this disruption, and, more importantly, at the
‘people level,’ we have to ensure a favorable, behavioral
disposition towards data-driven insights.
I have always maintained that data and creativity go
hand in hand, the ‘guts+insight’ approach. While intuition
can never be replaced, data helps one make better
decisions. Of course this also means that the quality
of data, especially consumer data, needs to be dialed
up. Some work has already been done and more is
happening as we speak.
QDo you see visible changes happening around
media business today? The transformation is
towards digital...
Changes are visible and their impact is significant. While
‘digital’ is an amorphous term, it’s clearly the No. 1
buzzword across industries. For M&E organizations,
this has three broad ramifications:
• The proliferation of digital/online platforms will expedite
our transition towards becoming B2C organizations.
• India is a land of many countries and therefore
digital content consumption will continue to add to
(and not take away from) consumption of content
on traditional platforms.
• While the growth in digital platforms makes content
creation a more democratic process, quality content
will continue to command a premium with both
consumers and with brands.
Of course, we will need to enhance our
‘spotting’ abilities as we scout for talent from a wider pool
of individuals, but then again, that is par for the course.
QFrom the policy perspective, what are the three
things that would help ease challenges in the
Indian M&E sector?
Several measures can be taken and several have already
been taken. This Government is extremely responsive
and ‘pro-dialogue’ with all stakeholders.
I would like to take a slightly different route this time
around. Generally, our focus is on sector-specific
regulations that are aimed at giving our sector a fillip.
However, in doing so, I feel that we are missing the ‘big
picture’.You see, given our size (we’re smaller than many
other sectors) and our status as a ‘multiplier,’ we have
more to gain from an economy that is buoyant in the
overall sense. In this regard, the recent demonetization
initiative is a welcome step. Yes, it is creating some
turbulence in the short term, but it is a bitter pill that
will safeguard our future growth in the medium term. We
expect to see a great deal of liquidity in the economy in
a few quarters and this is bound to increase public and
private spending. This alone will have cross-over effects
on our sector, as we will see advertisers wanting to
spend more to take advantage of this buoyancy.
GST is another positive as it has a direct positive impact
on overall GDP growth. We hope to see it become a
reality soon.
Finally, we’d like to see the Digital India program gather
more pace, as growth in internet connectivity is bound
to increase video content consumption.
All these aspects, though not directly aimed at our sector,
are likely to impact it greatly in the foreseeable future.
Specifically, I see the transition towards a regime of single-
window, e-enabled, time-bound clearances on all fronts
as a natural follow-up, given the impetus on transparency,
quality governance and ‘ease of doing business.’
'We need to Leverage Disruption'
Sudhanshu Vats is Chairman, CII National Committee on Media &
Entertainment, and Group CEO Viacom 18 Media Pvt. Ltd
Data and Creativity go hand-in hand, says Sudhanshu Vats

MINDSPACE
‘The growth of varied
platforms such as 4G,
b r o a d b a n d , m o b i l e
technologies and digital media
has enabled the sector to
move towards convergence
across platforms and content creation. There
is a huge opportunity to transform India into
a global hub for digital media.’
M Venkaiah Naidu, Minister of Information
and Broadcasting, Housing and
Urban Poverty Alleviation
‘The manpower required for
the M&E industry is huge.
We need to institutionalize
training, develop National
Occupation Standards as
per the requirements of the
industry and create Qualification Packs which
correspond to specific job roles within the
sector. All these things have to be done with
a calibrated approach.’
Rajiv Pratap Rudy,
Minister of State (Independent Charge)
of Skill Development & Entrepreneurship
‘ T h e M & E i n d u s t r y
should not shy away from
disruption. Disruptions
have occurred since time
immemorial. The Indian
M&E industry is undergoing
massive changes. These alterations are being
witnessed in terms of content creation,
delivery of content to consumers, and the
manner in which it is being consumed.’
Col. Rajyavardhan Rathore,
Minister of State of
Information & Broadcasting
‘In the present era of
convergence, the distinction
between the telecom, IT
and media and broadcasting
sectors is getting blurred.
Content, communication
platforms and technology have become
seamless and one cannot survive without
the other in reaching out to consumers.’
Manoj Sinha, Minister of State
(Independent Charge) of Communications,
and Minister of State of Railways
‘Digital media broadcasting
will play a critical role in
bringing about a change
in sports broadcasting in
India. Broadcasters must
also focus on how sports
as a product is delivered to audiences in rural
areas so as to popularize the culture of sports.’
Vijay Goel, Minister of State (Independent
Charge) of Youth Affairs and Sports, and
Minister of State of Water Resources, River
Development & Ganga Rejuvenation
‘India is in the midst of a
digital revolution with high-
speed internet data, multiple
channels of consumption, and
consumers deciding the time
and location of consumption, while conventional
delivery platforms are dying. It is imperative that
new business models are created.’
R S Sharma, Chairman, Telecom Regulatory
Authority of India (TRAI)
‘Our training institutions need
to be different. In a disruptive
environment, brick and mortar
training doesn’t work, we
need new curriculum.’
Kiran Karnik, Chairman, CII Mission on
Digital India, and CII National Committee on
Telecom & Broadband
B Y T E S

‘India is a different market
and the media business relies
on advertising revenue. A
more philosophical question
is, does the Indian media
need FDI? There are enough
resources, and more investment available. I do
not know whether there is a requirement for
FDI in the media sector. What we need are
good business models and right valuations.’
Rajiv Verma, CEO, Hindustan Times
‘For far too long, the news
in this country has been
using the political class as
crutch to lean on, thereby
humiliating itself. This is
going to change, and, in fact,
is already changing. I dream of an independent
media which has the maturity to regulate itself
and is fearless enough to be answerable to
nobody but itself.’
Arnab Goswami, former Editor-in-Chief,
Times Now
‘I don’t think our fundamentals
are in place in the cable/DTH
business. It is difficult for us
to think about disruption.’
Harit Nagpal,
MD & CEO, Tata Sky
‘You need to destroy in order
to build and create something
new. If you had to destroy
one particular aspect about
your business today, what
would it be? It’s not an easy
conversation. But trust me, it will make the
future easier.’
Sudhanshu Vats, Chairman, CII National
Committee on Media & Entertainment, and
Group CEO, Viacom 18 Media Pvt. Ltd
‘We are going through a
major digital transformation
and innovation in the media
space. How to engage your
audience, how to empower
the workforce, how to
optimize operations and how to transform
your project – these are the four pillars of
digital transformation.’
Bertrand Launay,
Chief Operating Officer, Microsoft India
‘There is censorship at
various levels. For society,
for the individual, and for
all of us to grow, we have
to give space for freedom.
We have to believe in each
other, in the system, and encourage open
conversations for sensible cinema, literature
and artistic expression.’
Nandita Das,
Filmmaker and Actor
‘Films are much better when
they are driven by directors.
Each time the actor become
more important and when
they demand 60% of the
total revenue, the quality of
the film goes down.’
Shekhar Kapur,
Film Director, Actor & Producer
‘Today if you make a film
of `150 crores, out of that,
`100 crores goes to the
actors. When I made Sholay
the actual cost of the star
cast was `20 lakhs, as
compared to the total budget of `3 crores.’
Ramesh Sippy,
Film Producer and Director
MINDSPACE

E
very day, each of us breathes
in about 15,000 litres of air. This
air provides us the essential
oxygen but has dangerous levels of
pollutants, which that pose a threat to
our environment, health and well-being.
Air pollution is a significant cause of
mortality and morbidity in India. A World
Bank report states that pollution from
particulate matter can cause loss of 3%
of GDP of the country, of which outdoor
air pollution accounts for 1.7% and indoor
air pollution 1.3%.
Rapidly expanding urban areas, like
Delhi and the NCR, are on the frontlines
of the fight against air pollution and climate change.
City-level management of air pollution and emissions
is a complex task requiring long-term commitment and
actions from multiple stakeholders including industry,
Government, civic bodies, and citizens. Many schemes
and measures have been implemented, but with limited
impact and acceptance.
Air pollution is a complex phenomenon and ambient air
quality level depends not only on the sources contributing
to ambient air pollution but also on meteorological
conditions. In order to take substantive action, the sources
of air pollution have to be identified and prioritized.
CII, in partnership with NITI Aayog, launched an initiative
for ‘Improving the air quality of Delhi-NCR’ on 17
November in New Delhi. This initiative will work towards
engaging business, civil society and Government to learn
from peers and take actionable steps to improve the air
pollution in Delhi NCR. Its specific objectives are to
• Develop an integrated approach, bringing together
policy-makers, industry, academia, community and
civil society
• Build consensus and get buy-in from stakeholders
on actions for improving air quality in NCR
• Deliver voluntary commitments from stakeholders
towards reducing air pollution
• Influence adherence to existing policies and advocacy
towards newer policies.
Studies show that the spectrum of air pollution in Delhi
can be attributed to three main areas: transport, industry
and domestic sources, such as uncontrolled burning of
solid waste, seasonal burning of crops, etc. The initiative
will therefore focus on these three areas.
“There is no barrier or border for air. The country needs
integrated action towards improving the quality of the
air we breathe,” said Mr Suresh P Prabhu, Minister
of Railways, at the launch of the Clean Air-Better Life
initiative, organized by the CII-ITC
Centre of Excellence for Sustainable Development, and
supported by Cummins Inc.
He congratulated NITI Aayog and CII for partnering
to raise awareness, take actions and foster the use
of technology to deliver on this fundamental right of
clean air.
“The voice of the people must be heard. People living
in the NCR should push for action, should demand
cleaner air” said Mr Amitabh Kant, CEO, NITI Aayog, at
the launch. He advocated strong radical actions over a
sustained period to meet the pollution emergency.
Mr Tom Linebarger, Chairman & CEO, Cummins Inc,
spoke of using technology to develop solutions to
restore the quality of air in Delhi NCR.
A well-known study carried out in 2015 in Delhi by IIT
Kanpur identified 12 major sources responsible for poor
air quality in Delhi. These can be put under three main
categories: area sources such as MSW burning, fly ash,
road dust etc, point sources such as power plants,
etc, and line sources, including vehicles, explained
Prof Mukesh Sharma, from IIT Kanpur.
Clean Air, Better Life Initiative
Tom Linebarger, Chairman & CEO, Cummins Inc; Suresh P Prabhu, Minister of Railways;
Amitabh Kant, CEO, NITI Aayog, and Anant Talaulicar, Chairman, CII Clean Air – Better Life
Initiative, Chairman, CII Manufacturing Council, and CMD, Cummins India,
at the launch of the ‘Clean Air - Better Life’ Initiative, in New Delhi
INITATIVE
environment

Sectorscape
Textiles and Apparel
Weaving the Way
CII and the Boston Consulting Group brought out a
detailed report ‘Weaving the Way: Breakout Growth
Agenda for the Indian Apparel, Made-ups and Textile
Industry’ to outline the challenges and develop
solutions in the Indian apparel, made-ups and textile
industry in November 2016. The report notes the
rapid changes underway in the global textiles and
apparel trade as China’s predominance wanes and
new manufacturing hubs such as Vietnam and
Bangladesh emerge.
The report points out that if the industry achieves
breakout growth as per its potential, it would generate
50 million jobs by 2025, a large majority of them for
women. The potential economic benefits are identified
as revenue of $300 billion by 2025, a multiple of three
from the current position. In this, the domestic market
could account for a 2.5 times jump to $150 billion and
even the foreign exchange earnings could go up to a
similar size.
The report observes that there are many challenges to
meeting this potential, such as small scale, fragmented
clusters, restrictive labor laws and unpredictable wage
movements, high operating costs due to taxation
and subsidy structures,
market access barriers
in key markets such as
the EU and the US, high
cost of working capital,
low brand visibility, poor
infrastructure, logistics
delays, and lack of
product development
a n d p r o c e s s
improvement.
The new apparel package
has taken many steps in
the right direction. A
landmark provision in
the policy is to allow
more flexible work hours and fixed term employment,
as per industry concerns. The Government has devised
innovative means for direct benefit transfer to new
workers, and has promised to contribute 12% of the
salary directly into new workers’ accounts. Export
drawbacks for the first time include State taxes and
cesses, which are expected to further be extended with
the roll-out of the goods and services tax.
Apart from suggesting the above labor regulation changes,
the report makes some innovative recommendations.
Job-linked scale through a ‘Make in India’ scheme could
provide a slab-based incentive linked to the number of
additional jobs created, to be availed of by entrepreneurs
or industrial parks, it says.
At present, 70 clusters contribute 80% of the output.
The report suggests that State Governments should
promote infrastructure with plug and play facilities. Also,
different operating models can be built, such as the hub
and spoke model, or notified apparel parks.
Duties and taxes must be rationalized to avoid
inefficiencies and high energy and overall costs. A
power subsidy, inclusion of power charges under GST,
and similar rates for both cotton and synthetic products
are recommended.
Industry should engage in driving productivity through
extensive training and investments in process
improvements and automation.
To encourage hybrid domestic-export models, the
report suggests the China model of VAT rebates, and
Smriti Irani, Minister of Textiles, releasing the CII-BCG study, 'Weaving the Way: – Breakout Growth Agenda
for the Indian Apparel, Made-ups and Textile Industry' in New Delhi, with (L-R) Arindam Bhattacharya, Senior
Partner & Director, BCG – India; Rashmi Verma, Secretary, Ministry of Textiles; B K Goenka, Co-Chairman,
CII National Committee on Textiles, and Chairman, Welspun Group, and Gautam Nair, Co-Chairman,
CII National Committee on Apparel, and MD, Matrix Clothing

SECTORSCAPE
Healthcare
National Conference on Vaccine Industry
For the first time ever, all leading vaccine manufacturers
of India came together under the aegis of CII to develop
clear guidelines for various approval processes in the
vaccine manufacturing space in the country.
We must move from ‘Health for All’ to ‘Health By
All,’ and the entire Indian healthcare industry has to
get involved for effective healthcare delivery in India,
said Mr CK Mishra, Secretary, Ministry of Health and
Family Welfare, addressing the inaugural session of the
CII National Conference on ‘Vaccine Industry in India-
Reforms required for early accessibility, growth and
sustained competitiveness,’ on 10 November in New
Delhi.The vaccine industry has a critical transformational
role to play in this regard, he said.
the exempt-credit-offset method
of carrying forward unadjusted
rebates. This would also help
overcome the issues under the
Merchandise Export Incentive
Scheme which will have compliance
issues with WTO in 2017.
Logistics support is a key
recommendation, especially
integration with Bangladesh
through single-day transit.
Shipping turnaround times must be
improved and adequate hinterland
connectivity built with key textile
parks.
The report strongly calls for a
Free Trade Agreement with the
EU. An added provision could be to treat the poor
States of India on a similar basis as least developed
countries. (LDC).
An incentive for innovation and technology is also
recommended. Rebranding is essential, accompanied
by focused marketing interventions such as global
roadshows. Companies should invest in product
development and in cutting edge innovations.
The CII-BCG report was shared with the Government
ahead of the announcement of the new policy for the
industry, and several of its suggestions have been
included. The policy certainly sets the stage for reviving
the competitiveness of the Indian textile, apparel and
made-ups industry. Unlocking its value can bring huge
gains to the economy, and the CII-BCG report is a
valuable contribution to this effort.
Information and
Communications
Technology
Session on Internet Governance
CII, in partnership with the Ministry of Electronics and IT,
organized an exclusive session on ‘Internet Governance:
Why Industry should engage?,’ coinciding with the 57th
meeting of the Internet Corporation of Assigned Names
and Numbers (ICANN) on 5 November in Hyderabad.
Mr Ravi Shankar Prasad, Minister of Electronics and
Information Technology, and Law and Justice, in his
S Premkumar, Co-Chairman, CII National Committee on IT & ITeS, and Executive Vice Chairman
& MD, HCL Infosystems Ltd; Kiran Karnik, Chairman, CII National Mission on Digital India, and
Chairman, National Committee on Telecom & Broadband; Ravi Shankar Prasad, Minister of
Electronics & IT, and Law & Justice; Aruna Sundararajan, Secretary, Ministry of Electronics & IT,
and Sally Costerton, Senior Advisor to the President, and Senior Vice President,
Global Stakeholder Engagement, ICANN, at a session on Internet Governance in Hyderabad
inaugural address, urged the Indian private sector to
step up its participation in global policy-making processes
related to the internet. The next large wave of internet
users would require a more inclusive and affordable
internet, he said.
Ms Aruna Sundararajan, Secretary, Ministry of
Electronics and IT, called for industry engagement
in internet governance, standard setting, and policy
development.

Financial Sector
CII 7th
Financial Markets Summit
While Indian industry has traditionally been funded pre-
dominantly by banks, the prevailing economic situation
calls for financial markets to play an increasingly
important role in generating incremental funding, for
the expansion of the Indian economy. This necessitates
a strong policy and regulatory push towards the
development of the financial markets.
To catalyze policy-level discussions on developing and
deepening India’s Financial Markets, and to make them
equally lucrative for issuers and all types of investors,
CII organized its 7th
Financial Markets Summit with
the theme ‘Indian Financial Markets: The Next Wave’
Ashishkumar Chauhan, MD & CEO, Bombay Stock Exchange;
U K Sinha, Chairman, SEBI, and Nimesh Kampani, Chairman,
CII National Committee on Financial Markets, and Chairman,
JM Financial Group, at the 7th
Financial Markets Summit in Mumbai
SECTORSCAPE
Dr Rajesh Jain, Joint MD,Panacea Biotech Pvt. Ltd; KL Sharma, Joint Secretary, Ministry of Health & Family
Welfare; CK Mishra, Secretary, Ministry of Health & Family Welfare; Dr Suresh Jadhav, Executive Director,
Serum Institute of India Ltd; and Dr GN Singh, Drug Controller General of India, Central Drugs Standard
Control Organization, at the Vaccine Conference in New Delhi
The Indian Government
is fully geared to provide
an enabling regulatory
environment which would
facilitate in creating a
comprehensive national
healthcare deliver y
system, stated Mr C
K Mishra. He released
a position paper titled
‘The Make in India
Imperative – Position
Paper on Regulatory
and Policy Changes
required for Sustained
Competitiveness of the
Indian Vaccine Industry,’
prepared by Sathguru Management Consultants for CII.
The paper is based on discussions with members of the
Task Force on Vaccines of the CII National Committee
on Biotechnology, and a few regulatory experts.
Mr K L Sharma, Joint Secretary, Ministry of Health and
Family Welfare, urged the industry to submit specific
recommendations, and assured a speedy response by
the Government. Expressing optimism in the capability
of the Indian vaccine industry, Mr Sharma said this niche
sector is going to be game-changer, and the Indian
Government is proud of its achievements.
Responding to CII’s call for a single window system
and ease in clinical trial regulations, Dr G N Singh,
Drug Controller General of India, Central Drugs Standard
Control Organization, announced the formation of an
Expert Group, to be formed with CII, to work towards
the speedy resolution of issues in a time-bound manner
without compromising critical aspects like quality,
patient safety and patient management. He appealed to
industry to chalk-out a mechanism for a post marketing
survey, so that hospitals would have a proper survey
mechanism in place.
Earlier, Dr Rajesh Jain, Joint MD, Panacea Biotech
Pvt Ltd, and Convener of the Conference, in his
welcome address, urged the Government to set up a
Regulatory Innovation Cell, and requested for minimizing
unnecessary paper work, maximizing innovation, and
capitalizing Mission Indradhanush, by developing
vaccines faster, to boost the National Immunization
Program.
The Task Force on Vaccines is currently working on
preparing clear guidelines for various approval processes
for submission to the Health Ministry.

on 10 November in Mumbai.
Mr U K Sinha, Chairman, Securities and Exchange Board
of India (SEBI), in his inaugural address, highlighted the
various measures being undertaken by SEBI to give
an impetus to the growth of primary markets in India.
He expressed confidence that the current year could
turn out to be a record year for the primary markets.
He also described the steps being undertaken by SEBI
and the Reserve Bank of India (RBI) on inter-regulatory
co-ordination for market development.
Mr Sinha released the CII-India Ratings and Research
report titled, ‘Indian Financial Markets: The Next
Wave.’ The report highlights the importance of usage,
monitoring and disclosure of covenants, improving
regulatory coordination, and the use of technology
and innovation by financial institutions as important
ingredients in providing a fillip to the development of
the financial markets.
Mr Nimesh Kampani, Chairman, CII National Committee
on Financial Markets, and Chairman, JM Financial Group,
in his theme address, said the merger of the Forward
Markets Commission (FMC) with SEBI has brought
all commodities and securities under one umbrella. It
should now be permitted for intermediaries to have
commodities trading, in addition to equity, debt and
forex (foreign exchange) derivatives in a single entity.This
will surely pave the way for a well-regulated financial
market for multiple products, he felt.
The India International Exchange being set up by BSE
at GIFT City will go on stream in two months and will
provide an international platform for Indian companies
to raise funds through various instruments, said Mr
Ashishkumar Chauhan, MD and CEO, Bombay Stock
Exchange (BSE).
Mr Rakesh Valecha, Senior Director and Head – Credit
& Market Research, India Ratings and Research Pvt
Ltd, in a brief presentation on the theme, said the
usage, monitoring and disclosure of covenants as
an early warning signal will not only ensure efficient
capital allocation, but also provide greater confidence
to creditors and shareholders, in turn furthering the
cause of financial markets.
The Summit featured three sessions:
• Funding India’s Industry through Capital Markets
• GST - Impact on Financial Sector
• Framing conducive policy and regulations for effective
and efficient financial markets.
SECTORSCAPE

C
onsidering the focus of the Government to
encourage manufacturing, create infrastructure,
and build smart cities, mining activity in the
country must go up substantially to support the desired
growth with captive resources.
The Global Mining Summit 2016, a signature event for
the resource sector, was organized by CII concurrently
with the International Mining & Machinery Exhibition
(IMME) in Kolkata from 16-19 November. The Summit
brought together Government policy-makers, mining
professionals, technology providers, financing institutions,
academia, geologists, environmentalists and consultants,
to discuss the salience of mining towards reducing
India’s metal imports, and the steps to be taken to
promote exploration, discovery and mine development
on a full cycle basis.
Key points emerging from the deliberations:
• Though India is blessed with abundant natural
resources and has shared geology with Australia
and Africa, the country is largely unexplored and
accounts for only 0.5% of the world exploration
budget. To give impetus to its growth, India must
capitalize its own resource potential and become
self-reliant in the resource sector.
• To ensure that sufficient resources become available over
the next two decades to feed the growing demand,
there is a need for capex to now start flowing into
exploration and development, given the risk and long
gestation of the discovery, evaluation, engineering and
permitting processes.The need of the hour is to provide
a conducive environment that attracts investment from
exploration companies, including foreign players.
• The current auction system does not sufficiently
encourage investment. The process does not
adequately provide for risk – reward incentives
associated with high-risk and highly capital-intensive
exploration activity, with a long payback period.
• To reduce the risk for explorers, a review of present
laws is required to allow the monetization of explored
assets with seamless transition from exploration to
discovery to mine development.
• It is equally important to rationalize and simplify
taxes, cesses and duties, and provide an enabling
fiscal regime to promote growth. Since timely
execution is the key for any investment, the long
drawn-out process for obtaining approvals and
clearances must be simplified and expedited.
• Finally, benchmarking with global best practices and
implementing the learning would really open up the
resource sector. Of course, the mining industry
would need access to world-class technology and
expertise and digitization of the complete exploration
data base.
All these steps from the Central Government would
speed up the creation of an effective template, which
can be handed over to the States.
Dr Amit Mitra, Minister of Excise, Finance, Commerce, Industries, Industrial Reconstruction, and Public Enterprise, West Bengal; Peter Nicholls,
Fellow – Perth USAsia Centre; S Bhattacharya, CMD, Coal India Ltd; Tom Albanese, Co-Chair, CII National Committee on Mining, and CEO,
Vedanta Resources; Dr Sarat Kumar Acharya, Co-Chair, CII National Committee on Mining, and CMD, NLC India Ltd; Ratika Jain, Executive
Director, CII; and V K Arora, Chairman, CII Mining & Construction Equipment Division, and Chief Mentor, Karam Chand Thapar & Bros (CS) Ltd,
at the Global Mining Summit in Kolkata
Global Mining Summit 2016
Mining Opportunities
FOCUS
mining

FOCUS
V O I C E S
‘If properly harnessed,
India’s mining sector can
not only produce millions
of jobs but can also be a
significant contributor to
national GDP.’
Dr Amit Mitra,
Minister of Excise,
Finance, Commerce,
Industries Industrial
Reconstruction, and
Public Enterprise,
West Bengal
'By April 2017, aerial
survey on potential
mineral blocks covering
2 lakh square kilometers
of land would be over. This
would be the G3 level of
exploration data, to help
prospecting on the ground.’
Balvinder Kumar,
Secretary,
Ministry of Mines
13th
International Mining &
Machinery Exhibition
Since its inception in 1984, CII’s International Mining and Machinery
Exhibition (IMME) has been growing steadily, to become the largest trade
fair dedicated to mining in India. The 13th
edition of IMME, held between
16-19 November in Kolkata, was a showcase for 292 exhibitors, including 88
exhibitors from overseas, featuring 8 country pavilions and individual exhibitors
from 14 countries - Australia, Belarus, Belgium, China, Czech Republic, Finland,
Germany, Indonesia, Italy, Poland, Russia, Spain, Turkey, UK and Ukraine.
A key element of the event was the active participation from the Central
Government, with support from the Ministries of Coal, of Mines, and of Steel,
the Department of Heavy Industry, and Coal India Ltd, as well as participation
from the State Governments of Odisha, Jharkhand and West Bengal.
Australia, the ‘Partner Country,’ was represented by 14 companies and an
85-member delegation, highlighting the potential for mining synergies between
the two nations.
IMME 2016 and the Global Mining Summit were inaugurated by
Dr Amit Mitra, Minister of Finance, Excise, Commerce & Industries, Public
Enterprise, and Industrial Reconstruction, West Bengal; Mr Balvinder Kumar,
Secretary, Ministry of Mines; Mr Tim Martin, Trade Commissioner, Australian Trade
and Investment Commission; Mr Sarat Kumar Acharya, CMD, NLC India Ltd;
Mr Tom Albanese, CEO, Vedanta Resources, and Mr Sutirtha Bhattacharya, CMD,
Coal India Ltd.
There was an impressive display in the outdoor exhibition area by global players
including JCB, CAT, Volvo, VE Commercials, Tata Hitachi, Mahindra, Sany,
Leeboy, SREI Finance, Dozco, Voltas, Sandvik, Atlas Copco, ABB, Puzzolana,
Joy Global, L&T - Komatsu, BEML, FLSmidth, BKT, NLMK (Europe), MMD
Heavy, Aeolus Tyres, and others, with live demonstrations of equipment and
machinery.
‘I welcome all to come
forward and join hands with
Jharkhand for numerous
o p p o r t u n i t i e s . T h e
Government of Jharkhand
is working to re-organize
its mining sector to attract
more investments, and has
introduced transparency and
ease of doing business.’
Sunil Kumar Barnwal,
Secretary, Industry, Mines
and Geology, Jharkhand
Dr Sarat Kumar Acharya, Co-Chair, CII National Committee on Mining, and CMD, NLC India Ltd;
Tom Albanese, Co-Chair, CII National Committee on Mining, and CEO, Vedanta Resources;
Tim Martin, Trade Commissioner of Australia; Balvinder Kumar, Secretary, Ministry of Mines; and
V K Arora, Chairman, CII Mining & Construction Equipment Division, and Chief Mentor,
Karam Chand Thapar & Bros (CS) Ltd, inaugurating IMME 2016 in Kolkata

CII Agro Tech 2016 drives global competitiveness in Indian agriculture

CII Agro Tech 2016 drives global competitiveness in Indian agriculture

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CII Agro Tech 2016 drives global competitiveness in Indian agriculture