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FOREIGN TRADE . EXPORTS . IMPORTS
www.thedollarbusiness.com Vol.2 Issue 11 November 2015 100 $2
Leather industry
Yet to put the best foot forward
This ‘focus sector’ is experiencing chill
winds from various directions
Castor oil
When versatility counts
An Indian monopoly with exports worth
over $700 million
Black matpe
The ‘pulse’ of India
Why this legume means money
for Indian importers
NIGEL HARRIS
President & Managing Director,
Ford India
DR. FRANCISCO DE ROSENZWEIG
Deputy Secretary of Foreign Trade,
Mexico
JULIAN MICHAEL BEVIS
Senior Director, Group Relations,
South Asia, The Maersk Group
ANTHONY VAN DER HOEST
Cluster Manager, Logistics,
Port of Amsterdam
...AND MORE!
EXCLUSIVE INSIDE
WHAT’S AILING
INDIA’S GATEWAYS
TO THE WORLD?IT’S HIGH TIME THE GOVERNMENT RECOGNISES AND
REACTS TO THE NEED FOR INCREASED INVESTMENTS
ACROSS PORTS, AS EXISTING INFRASTRUCTURE IS
INSUFFICIENT TO HANDLE FUTURE TRADE FLOWS
EFFICIENTLY AND EFFECTIVELY
8 THE DOLLAR BUSINESS II NOVEMBER 2015
Volume: 2 Issue: 11 November 2015
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
COVER STORY32
The 7,500 km-long Indian coastline is dotted with over 200
ports, transporting over 90% of the country’s total trade by
volume and 70% by value, and in today’s globalised world
is nothing less than the lifeline of the Indian economy.
What’s more? The total cargo at Indian ports is projected
to increase to about 2,800 MMT by 2020 from 980 MMT
currently. But can Indian ports handle the added pressure?
The Dollar Business, which has over the last year and a
half made it regular business to be on the ground at some
of India’s major ports, analyses how equipped India’s
gateways to the world are to take on the mantle
WHAT’S
AILING INDIA’S
GATEWAYS TO
THE WORLD?
President (VMPL) : Steven Philip Warner
&Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editors : Indranil Das
Senior Editor : Satyapal Menon
Senior Editor (Online) : Himanshu Vatsa
Senior Assistant Editors : Sisir Kumar Pradhan,
Shivani (Vig) Kapoor
Assistant Editor : Neha Dewan
Assistant Editor (Online) : D. Sai Nikesh
Principal Correspondent : Vanita Peter D'souza
Correspondents : Deepak Kumar,AadhiraAnandh M.
EDITORIAL CONSULTING BOARD
Founder & Editor :Anil Goyal
Publisher :Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
BRAND ACTIVATION & RESPONSE
Vice-President :Aninda Mondal
Associate Vice-President : Dharmendra Jaiswal
Senior Manager : Saroj Roy
INTERNATIONAL REPRESENTATIVES
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Sr. Web Developer : P. Surendra Babu
Web Developer : K. Naveen
SEO Specialist :Alimoddin M., Praveen Kukunapara
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscription : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
Senior Executive : K. Chandra Prakash
Associate - Outreach : T. Swapna
HR, FINANCE & LOGISTICS
Sr. Manager – HR : Rasanpreet Kaur
Manager – Admin : Deepa Pandey
Manager – Accounts : Parchuri Jhansi
Asst. Manager : Helen Mary
Associate : Raj Jarikote
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad,Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad,
Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com . Tel: +91-40-6677 0766
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com . Tel: +91-40-6677 0765
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . 18001030385 (Toll free)
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2014
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
NOVEMBER 2015 II THE DOLLAR BUSINESS 9
NIGEL HARRIS
President & MD, Ford India, reiterates how Ford
shares the ‘Make in India’ vision, and his plans to
triple the company’s exports from India by 2020
54
MONOLOGUE
PEOPLE SPEAK
From PM Modi’s stance at UN to
Sitharaman’s assurance to export-
ers to Merkel’s belief in India
GLOBAL TRADE
THIS MONTH
A landmark trade deal, a tradition
driving trade & WTO forecast about
a bumpy ride in the global trade
INDIA TRADE
THIS MONTH
Indo-German ties on a fast track,
imported apples to cost more and
a lot more
SPOTLIGHT
PERU
Facing the heat of Commodity, Chi-
na and Currency, it aptly represents
Latin America’s health
IMPORT’ONOMICS
BLACK MATPE
Why importing this legume makes
for a mathematically profitable
business?
SECRET INGREDIENT
CASTOR OIL
What makes it an Indian monop-
oly with exports worth over $700
million annually
MIDAS TOUCH
WATER TUBE BOILER
Why exports of this engineering
good means money for Indian
exporters
POLICY MONITOR
M. DURAISAMY, PDEXIL
Explains the Council’s role in sup-
porting exporters and talks about
the challenges the industry faces
12
70
76
86
90
92
96
98
14
22
26
58
64
INFOGRAPHICS
BEAUTY CARE
Some call it indulgence, others
a $70 billion-a-year global trade.
Well, it’s for both
TDB FORUM
Questions about foreign trade that
hit our mail box in October and of
course, their answers
DATE BOOK
Some trade shows you shouldn’t
miss out in India and abroad in
November and December
SME CORNER
Sunil Todi, MD, Akar Tools Ltd.,
reasons why SMEs deserve more
attention and incentives
BODERLINE
Editor’s column
DR. FRANCISCO
DE ROSENZWEIG
Explains why the Mexican
business community sees
India as a strong and attractive
market for investments
28
78
PRIME FOCUS
LEATHER INDUSTRY
This ‘focus sector’ in the Make in India
programme seems to be experiencing chill
winds from various directions
32 THE DOLLAR BUSINESS II NOVEMBER 2015
BY SATYAPAL MENON AND SISIR PRADHAN
WHAT'S AILING
INDIA'S
GATEWAYS TO
THE WORLD?
COVER STORY GATEWAYS TO THE WORLD
NOVEMBER 2015 II THE DOLLAR BUSINESS 33
BY SATYAPAL MENON AND SISIR PRADHAN
The 7,500 km-long Indian coastline is dotted with over 200 ports,
transporting over 90% of the country's total trade by volume and 70%
by value, and in today’s globalised world is nothing less than the lifeline
of the Indian economy. What's more? The total cargo at Indian ports
is projected to increase to about 2,800 MMT by 2020 from 980 MMT
currently. But can Indian ports handle the added pressure? The Dollar
Business, which has over the last year and a half made it regular
business to be on the ground at some of India's major ports, analyses
how equipped India's gateways to the world are to take on the mantle
Subscribe to read the
full magazine

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India's ports struggle to handle future trade

  • 1. FOREIGN TRADE . EXPORTS . IMPORTS www.thedollarbusiness.com Vol.2 Issue 11 November 2015 100 $2 Leather industry Yet to put the best foot forward This ‘focus sector’ is experiencing chill winds from various directions Castor oil When versatility counts An Indian monopoly with exports worth over $700 million Black matpe The ‘pulse’ of India Why this legume means money for Indian importers NIGEL HARRIS President & Managing Director, Ford India DR. FRANCISCO DE ROSENZWEIG Deputy Secretary of Foreign Trade, Mexico JULIAN MICHAEL BEVIS Senior Director, Group Relations, South Asia, The Maersk Group ANTHONY VAN DER HOEST Cluster Manager, Logistics, Port of Amsterdam ...AND MORE! EXCLUSIVE INSIDE WHAT’S AILING INDIA’S GATEWAYS TO THE WORLD?IT’S HIGH TIME THE GOVERNMENT RECOGNISES AND REACTS TO THE NEED FOR INCREASED INVESTMENTS ACROSS PORTS, AS EXISTING INFRASTRUCTURE IS INSUFFICIENT TO HANDLE FUTURE TRADE FLOWS EFFICIENTLY AND EFFECTIVELY
  • 2. 8 THE DOLLAR BUSINESS II NOVEMBER 2015 Volume: 2 Issue: 11 November 2015 www.thedollarbusiness.com facebook.com/tdbIndia twitter.com/TheDollarBiz in.linkedin.com/in/thedollarbusiness/ COVER STORY32 The 7,500 km-long Indian coastline is dotted with over 200 ports, transporting over 90% of the country’s total trade by volume and 70% by value, and in today’s globalised world is nothing less than the lifeline of the Indian economy. What’s more? The total cargo at Indian ports is projected to increase to about 2,800 MMT by 2020 from 980 MMT currently. But can Indian ports handle the added pressure? The Dollar Business, which has over the last year and a half made it regular business to be on the ground at some of India’s major ports, analyses how equipped India’s gateways to the world are to take on the mantle WHAT’S AILING INDIA’S GATEWAYS TO THE WORLD? President (VMPL) : Steven Philip Warner &Editor-in-Chief EDITORIAL & RESEARCH Editor : Manish K. Pandey Executive Editors : Indranil Das Senior Editor : Satyapal Menon Senior Editor (Online) : Himanshu Vatsa Senior Assistant Editors : Sisir Kumar Pradhan, Shivani (Vig) Kapoor Assistant Editor : Neha Dewan Assistant Editor (Online) : D. Sai Nikesh Principal Correspondent : Vanita Peter D'souza Correspondents : Deepak Kumar,AadhiraAnandh M. EDITORIAL CONSULTING BOARD Founder & Editor :Anil Goyal Publisher :Avnish Goyal Chief Consulting Editor : Dr.A. K. Sengupta Editorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA) BRAND ACTIVATION & RESPONSE Vice-President :Aninda Mondal Associate Vice-President : Dharmendra Jaiswal Senior Manager : Saroj Roy INTERNATIONAL REPRESENTATIVES Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256) London(UK) : S. Puri (+44 207 376 1996) ART & PHOTOGRAPHY Art Director : Sujesh Kumar G. Designer : Gopal Ganesh Reddy Photographer : Dileep Kumar THE DOLLAR BUSINESS ONLINE Sr. Web Developer : P. Surendra Babu Web Developer : K. Naveen SEO Specialist :Alimoddin M., Praveen Kukunapara Asst. Mgr. (Data & Metrics) : C. Dileep Reddy Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad CIRCULATION, SUBSCRIPTION & DISTRIBUTION General Manager : S. S. Sudesh Manager - Subscription : M. Vinay Kumar Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey, Rajneesh Laroiya Senior Executive : K. Chandra Prakash Associate - Outreach : T. Swapna HR, FINANCE & LOGISTICS Sr. Manager – HR : Rasanpreet Kaur Manager – Admin : Deepa Pandey Manager – Accounts : Parchuri Jhansi Asst. Manager : Helen Mary Associate : Raj Jarikote PRINTER Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad,Telangana 500020, IN PUBLISHED AT 5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN FOR EDITORIAL/CONTENT Email: editorial@thedollarbusiness.com . Tel: +91-40-6677 0766 FOR ADVERTISEMENT Email: ads@thedollarbusiness.com . Tel: +91-40-6677 0765 FOR SUBSCRIPTION Email: subscription@thedollarbusiness.com . 18001030385 (Toll free) For queries / comments you can send us an SMS at +91-888-633-1947 © Copyright 2014 No part of this magazine may be reproduced in whole or in part without an ex- pressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re- sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana. Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana. Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad, Hyderabad - 500 020, Telangana. NOVEMBER 2015 II THE DOLLAR BUSINESS 9 NIGEL HARRIS President & MD, Ford India, reiterates how Ford shares the ‘Make in India’ vision, and his plans to triple the company’s exports from India by 2020 54 MONOLOGUE PEOPLE SPEAK From PM Modi’s stance at UN to Sitharaman’s assurance to export- ers to Merkel’s belief in India GLOBAL TRADE THIS MONTH A landmark trade deal, a tradition driving trade & WTO forecast about a bumpy ride in the global trade INDIA TRADE THIS MONTH Indo-German ties on a fast track, imported apples to cost more and a lot more SPOTLIGHT PERU Facing the heat of Commodity, Chi- na and Currency, it aptly represents Latin America’s health IMPORT’ONOMICS BLACK MATPE Why importing this legume makes for a mathematically profitable business? SECRET INGREDIENT CASTOR OIL What makes it an Indian monop- oly with exports worth over $700 million annually MIDAS TOUCH WATER TUBE BOILER Why exports of this engineering good means money for Indian exporters POLICY MONITOR M. DURAISAMY, PDEXIL Explains the Council’s role in sup- porting exporters and talks about the challenges the industry faces 12 70 76 86 90 92 96 98 14 22 26 58 64 INFOGRAPHICS BEAUTY CARE Some call it indulgence, others a $70 billion-a-year global trade. Well, it’s for both TDB FORUM Questions about foreign trade that hit our mail box in October and of course, their answers DATE BOOK Some trade shows you shouldn’t miss out in India and abroad in November and December SME CORNER Sunil Todi, MD, Akar Tools Ltd., reasons why SMEs deserve more attention and incentives BODERLINE Editor’s column DR. FRANCISCO DE ROSENZWEIG Explains why the Mexican business community sees India as a strong and attractive market for investments 28 78 PRIME FOCUS LEATHER INDUSTRY This ‘focus sector’ in the Make in India programme seems to be experiencing chill winds from various directions
  • 3. 32 THE DOLLAR BUSINESS II NOVEMBER 2015 BY SATYAPAL MENON AND SISIR PRADHAN WHAT'S AILING INDIA'S GATEWAYS TO THE WORLD? COVER STORY GATEWAYS TO THE WORLD NOVEMBER 2015 II THE DOLLAR BUSINESS 33 BY SATYAPAL MENON AND SISIR PRADHAN The 7,500 km-long Indian coastline is dotted with over 200 ports, transporting over 90% of the country's total trade by volume and 70% by value, and in today’s globalised world is nothing less than the lifeline of the Indian economy. What's more? The total cargo at Indian ports is projected to increase to about 2,800 MMT by 2020 from 980 MMT currently. But can Indian ports handle the added pressure? The Dollar Business, which has over the last year and a half made it regular business to be on the ground at some of India's major ports, analyses how equipped India's gateways to the world are to take on the mantle
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