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Orissa, anchoring on opportunities available in urban centres like twin cities of Cuttack and Bhubaneswar, a company official said. “According to our estimate, Bhubaneswar and Cuttack have at least 16,000 small and medium business (SMB) houses and can use our enterprise solution services. We will target the large base of manufacturing, banking and construction firms here,” said Rekuram Varadharaj, marketing manager for medium business of Dell India said. The company will provide the storage, server and networking needs of the SMBs, along with cloud computing services, in association with its partners such as Microsoft and SAP. And to convince the business houses in the state, Dell India has plans to take the assistance of the local chambers of commerce. “We have plans to discuss with the officials of Utkal Chambers of Commerce and Industry (UCCI) officials, who will encourage SMBs in the state to opt for enterprise-focused IT services. With our ability to translate technology to actual business needs amid affordable prices, we can be true partner in their business growth,” Varadharaj said. Click here for index Walmart to sell Hero bicycles worldwide Breaking the near monopoly of Chinese bicycle manufacturers, the Pankaj Munjal-promoted Hero Cycles has clinched an agreement with Walmart, the world's largest retailer, to supply bicycles across the world. It will supply bicycles priced at $200 (roughly Rs. 10,000) apiece. Pankaj Munjal, managing director, Hero Cycles, said, “In bicycles, we intend to double our sales to 10 million units annually by 2015. For that, we are exploring new geographies. We are approved with Walmart and can leverage their network to expand overseas.” The US retail major sources virtually all its bicycles from manufacturing units in China and Hero Cycles would be the first Indian supplier. Walmart, the largest seller of bicycles in the US, used to source a large part of its bicycles from Huffy’s plant in Ohio in the 1990s. But, increased pressure from Walmart to cut costs forced Huffy to close its plants in the US and rely increasingly on factories in China to keep production competitive. That led to Walmart's reliance on China's low-cost producers. India's attractiveness, Hero Cycles executives say, is that manufacturing costs are cheaper than in China currently, with Chinese labour costs having risen in recent years. Pravin Patil, president, Urban Trail, Hero Cycles, said, “China is cost-competitive. But, manufacturing expenses in India are lower. Where China scores over us is in government subsidies. If you factor that, our costs are on a par and so is our quality.” The Chinese government offers 14 per cent subsidy and pays for inland freight on exported bicycles. In India, a duty draw-back of nine per cent or Rs 298 apiece is given to bicycle exporters, whichever is lower. Hero Cycles has commenced supplies to Walmart cash-and-carry stores in India, and is in advanced talks to firm up the product line for retail operations globally. “We plan to sell premium bicycles from the Urban Trail range globally,” said Patil. While the bicycles are being sold under the Hero brand in the country, a call is yet to be taken on branding the products for international sale. Walmart has 10,130 retail outlets in 27 countries. It operates in India through a joint venture Bharti Walmart Pvt Ltd, which has 17 cash-and-carry outlets.
Hero Cycles supplies 10 models of Hero Trax priced below Rs 5,000 to Walmart's India stores. It rules the domestic bicycle market, with standard Black cycles and the mid-range Trax cycles. It introduced premium products under the Urban Trail tag earlier this month. There are 17 products priced Rs 10,000- 43,000 in the Urban Trail range and the company plans to add 10 models over two months. To realise its foreign ambitions, Hero Cycles has set up an office in Denver, Colorado, and roped in former president of Schwinn Bicycles, Kevin Lamar, to drive growth in the US. That office will oversee the Walmart deal. Click here for index Sun Pharma gets US nod for schizophrenia drug Sun Pharmaceutical Industries has got an approval from US Food and Drug Administration for its abbreviated new drug application, Olanzapine orally disintegrating tablets. Sun Pharma stated in a filing with the Bombay Stock Exchange, that the tablets are therapeutic equivalents of Eli Lilly's Zyprexa Zydis tablets. Olanzapine tablets have an annual sale of about $360 million in the US, and are indicated in the treatment of schizophrenia and bipolar disorder. The latest approval follows the US health regulator's decision last week, to import Sun Pharma's anticancer drug Lipodox to meet the shortage of another similar medicine Doxil. Click here for index Tata Motors ties up with US Company for lithium ion batteries Tata Motors has tied up with the US-based A123 for the supply of lithium ion battery packs for Tata Motors' hybrid commercial vehicles. A press release from A123 says that the company would deliver complete systems that include robust battery management electronics, and the compact form factor of the prismatic cells enables A123 to design “highly-scalable battery packs that are intended to seamlessly configure to Tata's hybrid electric powertrain architecture”. Click here for index Microsoft to expand presence in smaller cities Microsoft is keen on investing in India to provide cloud-based solutions to Small and Medium Businesses (SMBs). The company sees an addressable market of over 45 million SMBs in India today, majority of them being micro businesses with less than five PCs and employees. The company is planning to increase the number of its business partners here, expand its geographical presence in Tier2/Tier 3 cities, and also host a range of seminars and road shows to showcase its products to prospective customers. “There is a different kind of approach that is needed in India,” Mr. Vahé Torossian, corporate vicepresident, Worldwide Small and Midmarket Solutions & Partners Group, Microsoft told. Considering that SMBs typically don't have expertise in IT, Mr. Torossian said that they ask for products that are easy to use. “There is also a need to have proximity and it is a key investment we are doing,” he said. For about a year now, Microsoft has been providing solutions like the Office 365 which helps SMBs integrate work done by different employees or from different locations, thus reducing cost. Product Localization: All the solutions are global products that are being localised by the company's partners in India.Microsoft has 18,000 partners in India today which includes companies like Microland and Futuresoft, of which about 20 per cent are into redesigning the solutions for the local market.
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IACC Newsletter Issue 4 April & May
Page 3 and 4:
Dunkin' Donuts to introduce savory
Page 5 and 6: U.S. tech groups alarmed by India p
Page 7 and 8: President’s Message The increased
Page 9 and 10: Happenings at IACC West India Counc
Page 11 and 12: IACC - WIC organized its first brea
Page 13 and 14: financing companies to play a more
Page 15 and 16: Dr. L. S. Kanodia shaking hands wit
Page 17 and 18: North India Council Networking lunc
Page 19 and 20: Luncheon meeting with the US Commer
Page 21 and 22: Mr. Randeep Singh Surjewala, Hon’
Page 23 and 24: Andhra Pradesh Branch IACC-AP Branc
Page 25 and 26: Tamil Nadu Branch Seminar on “Ind
Page 27 and 28: IACC WBC Panel Discussion on “Re-
Page 29 and 30: Special Reports Special Reports Ind
Page 31 and 32: Chaudhry, who started his career wi
Page 33 and 34: Do you think private firms could pl
Page 35 and 36: Emerson plans to focus on three gro
Page 37 and 38: L&T’s disclosure on the nuclear e
Page 39 and 40: In solar energy, the consortium's r
Page 41 and 42: its premium hatchback Focus in the
Page 43 and 44: "We remain excited about the Mumbai
Page 45 and 46: membership as an employment conditi
Page 47 and 48: Approved by the Drug Controller Gen
Page 49 and 50: “This facility, our fourth manufa
Page 51 and 52: solution leverages IBM’s Intellig
Page 53 and 54: Air India board OKs $195 million br
Page 55: could hold the key in developing ro
Page 59 and 60: Milind Barve, managing director of
Page 61 and 62: would want this to be significantly
Page 63 and 64: conferencing and telepresence servi
Page 65 and 66: In 2010, Sahara failed to acquire t
Page 67 and 68: Speaking on the occasion, Senator J
Page 69 and 70: Sharan Lillaney, an analyst with An
Page 71 and 72: US investments in India P&G to buil
Page 73 and 74: There is potentially a big market f
Page 75 and 76: of growth and progress," said Sanje
Page 77 and 78: IFC, which is an existing investor
Page 79 and 80: Retirement System is another invest
Page 81 and 82: Raju was in the limelight in 1999 w
Page 83 and 84: Their discussion also included the
Page 85 and 86: India is seen as an economic compet
Page 87 and 88: US seeks answers on home sourcing o
Page 89 and 90: There is a need to innovate newer m
Page 91 and 92: domestic electronic products in a m
Page 93 and 94: It also sought permanent exemption
Page 95 and 96: the Virginia Commonwealth Universit
Page 97 and 98: The companies denied the allegation
Page 99 and 100: Military ties with India growing: U
Page 101 and 102: India has also moved the WTO agains
Page 103 and 104: Noting that as a result of increase
Page 105 and 106: “Our policies are transparent …
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He noted that "a tremendous transfo
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it is a win-win situation for both
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Indo-US Trade Statistics 2011: U.S.
Page 114 and 115:
International Trade shows US Depart
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MINExpo International 2012 9/24/201
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Garfab-TX Surat 01 June 2012- 03 Ju
Page 120 and 121:
Gem Fair 22 June 2012- 24 June 2012
Page 122 and 123:
India Auto Expo 12 July 2012- 15 Ju
Page 124 and 125:
Garfab Ahmedabad 04 August 2012- 06
Page 126 and 127:
CONNEX India 12 September 2012- 15
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Major Trade shows in U.S.A Event Na
Page 130 and 131:
Neocon World Trade Fair 11-JUN-12 t
Page 132 and 133:
HBA Global Expo 19-JUN-12 to 21-JUN
Page 134 and 135:
Swimshow 21-JUL-12 to 24-JUL-12 Pro
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