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India—Connects - High Commission of India, Colombo

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Making Headlines ...<br />

<strong>High</strong> <strong>Commission</strong> <strong>of</strong> <strong>India</strong>, <strong>Colombo</strong><br />

<strong>India</strong>—Connects<br />

The Economic and Business Newsletter November & December, 2012<br />

Visit <strong>of</strong> Business Mission from Confederation <strong>of</strong> <strong>India</strong>n Industry<br />

A thirteen member high-powered<br />

B u s i n e s s M i s s i o n f r o m t h e<br />

Confederation <strong>of</strong> <strong>India</strong>n Industry (CII)<br />

visited <strong>Colombo</strong> from 18-20 November,<br />

2012. This was the fourth business<br />

delegation from CII to visit Sri Lanka in the<br />

p a s t o n e y e a r .<br />

The Business Mission was led by<br />

Mr. Adi Godrej, President <strong>of</strong> CII & Chairman<br />

<strong>of</strong> the Godrej Group.<br />

Spotlight <strong>of</strong> the Month:<br />

Cement Industry<br />

CII Business Mission Visit<br />

18-20 November 2012<br />

In this issue…..<br />

The other members <strong>of</strong> the delegation included Mr Chandrajit Banerjee, Making Headlines... 1<br />

Director General, Confederation <strong>of</strong> <strong>India</strong>n Industry; Mr Rahul Bajaj, Past Bilateral Beat 2-6<br />

President, Confederation <strong>of</strong> <strong>India</strong>n Industry and Chairman, Bajaj Auto Limited;<br />

Spotlight 7-8<br />

Mr Sudhir Deoras, Deputy Chairman, CII (Eastern Region) & Managing<br />

Director, TRF Limited; Mr S Chandrasekhar, Managing Director, Bhoruka Bilateral Economy 9-11<br />

Power Corporation Ltd.; Mr V. K. Mathews, Chairman, CII Kerala State Council <strong>India</strong>n Economy 12-13<br />

& Executive Chairman, IBS S<strong>of</strong>tware Services; Mr Sunil Duggal, CEO,<br />

<strong>India</strong>n & SL Trade Query 14-17<br />

Dabur <strong>India</strong> Ltd.; Mr Satish Jamdar, Managing Director, Blue Star Limited; Mr<br />

Sunil Wadhwa, Chief Executive Officer, IL&FS Energy Development Company <strong>India</strong>n Trade Fairs 18<br />

Ltd.; Mr Shubh Shrivastava, Chief (Global Business & Strategy), The Tata Useful Biz Links 19<br />

Power Company Ltd.; Ms Sangeeta Prasad, Chief Executive Officer, Mahindra<br />

World City; Mr Sujith Haridas, Regional Director (Southern Region),<br />

Confederation <strong>of</strong> <strong>India</strong>n Industry; and Mr Manish Mohan, Director & Head South Contact Us…..<br />

Asia, Confederation <strong>of</strong> <strong>India</strong>n Industry. The main areas <strong>of</strong> business interest <strong>of</strong><br />

the delegation included consumer goods, IT/BPO, automobile sector, electronic Economic & Commercial Wing<br />

and engineering products, air-conditioning & refrigeration, hydro power <strong>High</strong> <strong>Commission</strong> <strong>of</strong> <strong>India</strong><br />

36-38, Galle Face Road<br />

generation, wind energy, infrastructure & real estate. <strong>Colombo</strong>-3, Sri Lanka<br />

During the visit, the <strong>India</strong>n business delegation had meetings with Hon.<br />

Basil Rajapaksa, Minister <strong>of</strong> Economic Development; Hon. Dr. Sarath<br />

Amunugama, Senior Minister <strong>of</strong> International Monetary Cooperation & Deputy<br />

Finance Minister; Dr. P. B. Jayasundera, Secretary (Treasury); and Mr. Anura<br />

Siriwardena, Secretary, Ministry <strong>of</strong> Industry & Commerce. The <strong>High</strong><br />

<strong>Commission</strong>er <strong>of</strong> <strong>India</strong>, H.E. Ashok K. Kantha also received the business<br />

delegation and briefed them on various aspects <strong>of</strong> the business opportunities in<br />

Sri Lanka.<br />

Mr. Manish, Counsellor (E & C)<br />

Tel: +94-11-2430560<br />

Fax: +94-11-2399287<br />

com.colombo@mea.gov.in<br />

Mr. S.P. Sapra, Second Secy.<br />

Tel: +94-11-2422158<br />

Fax: +94-11-2446403<br />

com2.colombo@gmail.com<br />

Website: www.hcicolombo.org<br />

Spotlight: Cement Industry<br />

Cement is one <strong>of</strong> the core industries which plays a vital role in the growth and development <strong>of</strong> a<br />

nation. The industry occupies an important place in the <strong>India</strong>n economy.<br />

Click for More Details<br />

To remove your name from our mailing list, please click here. Questions or comments? E-mail us or call us.<br />

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BILATERAL BEAT<br />

The delegation also met <strong>of</strong>ficials at the Board <strong>of</strong> Investment and interacted with <strong>India</strong>n CEOs based<br />

in Sri Lanka. The Ceylon Chamber <strong>of</strong> Commerce organized a business-to-business meeting with the CII<br />

delegation.<br />

The CII delegation, Sri Lankan entrepreneurs and members <strong>of</strong> the<br />

<strong>India</strong>n <strong>High</strong> <strong>Commission</strong> in Sri Lanka hosted by BBDO Lanka<br />

Mr. Adi Godrej, President <strong>of</strong> CII &<br />

Chairman <strong>of</strong> the Godrej Group, during the<br />

meeting with the Economic Development<br />

Minister Hon. Basil Rajapaksa, underlined<br />

that Sri Lanka was a priority country for<br />

<strong>India</strong>n Industry and conveyed the interest<br />

<strong>of</strong> <strong>India</strong>n industry to invest in the Sri<br />

Lankan economy and create capacity for<br />

export. The <strong>India</strong>n delegation assured its<br />

interlocutors that CII would work closely<br />

with the Sri Lankan side to develop various<br />

investment proposals and make efforts to<br />

disseminate information on the<br />

opportunities available in Sri Lanka among<br />

the members <strong>of</strong> Confederation <strong>of</strong> <strong>India</strong>n<br />

Industry. Mr. Godrej suggested that <strong>India</strong>n companies should leverage the supportive policy environment<br />

provided by Sri Lanka to set up priority industries like pharmaceuticals, IT and tourism and hospitality.<br />

Mr. Godrej said that CII would be happy to partner with the relevant institutions in Sri Lanka in the<br />

area <strong>of</strong> capacity-building and training <strong>of</strong> human resources at various centres <strong>of</strong> excellence run by CII. He<br />

recalled the <strong>of</strong>fer made earlier to train 200 Sri Lankan students at Infosys training facilities at Mysore, and<br />

requested the Government <strong>of</strong> Sri Lanka to expedite the finalization <strong>of</strong> modalities and take advantage <strong>of</strong> the<br />

<strong>of</strong>fer. CII also agreed to share its experience and expertise to promote rural entrepreneurship.<br />

During various other <strong>of</strong>ficial and business meetings, the need for forging enhanced economic and<br />

trade relations between Sri Lanka & <strong>India</strong> was highlighted. Both Ceylon Chamber <strong>of</strong> Commerce and CII<br />

decided to undertake a study in a time-bound manner with the help <strong>of</strong> knowledge partners on each side, to<br />

identify specific areas under the Free Trade Agreement where both sides could work together. During the<br />

interaction with the membership <strong>of</strong> the Ceylon Chamber <strong>of</strong> Commerce, both sides agreed on the rationale for<br />

closer economic integration, building on the progress achieved through the FTA and the need for intensive<br />

consultations towards developing a comprehensive framework for sustainable economic partnership. Both<br />

sides also acknowledged, contrary to what is generally believed, that the trade between the two countries in<br />

the tariff lines covered by the FTA is balanced. The CII business delegation argued for early conclusion <strong>of</strong> a<br />

comprehensive economic partnership agreement between <strong>India</strong> and Sri Lanka, to take the economic<br />

r e l a t i o n s h i p t o t h e n e x t l e v e l .<br />

<strong>India</strong> is the largest trade partner <strong>of</strong> Sri Lanka. Trade between the two neighbors has surged eight<br />

times since 2000 when the bilateral Free Trade Agreement came into force. It may be recalled that, in 2000,<br />

the bilateral trade turnover amounted to just US$ 658 million. It crossed the US$ 5 billion mark in 2011-12.<br />

<strong>India</strong> has regularly been among the top two investors in Sri Lanka and was the largest FDI source in 2011,<br />

with investments worth about US$ 150 million. The cumulative <strong>India</strong>n investment into Sri Lanka since 2003<br />

has crossed US$ 800 million. Several <strong>India</strong>n companies have planned investments in Sri Lanka in the coming<br />

years, including ITC Ltd, Tata Housing, Shree Renuka Sugars, Dabur <strong>India</strong> Ltd, etc. <strong>India</strong>n companies like<br />

Godrej, Bajaj, Tata & Dabur are a household name in Sri Lanka. Likewise, investments by Sri Lankan<br />

companies in <strong>India</strong> too are surging, as Sri Lankan businesses take advantage <strong>of</strong> <strong>India</strong>´s dynamic economy<br />

and large market.<br />

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BILATERAL BEAT<br />

<strong>High</strong> <strong>Commission</strong>er inaugurates Vocational Training Centre (VTC) at Nuwara Eliya set up<br />

with an <strong>India</strong>n grant assistance <strong>of</strong> SLR 215 million<br />

<strong>High</strong> <strong>Commission</strong>er H.E. Mr. Ashok K. Kantha visited Nuwara Eliya in the Central Province from 17<br />

-18 November 2012. During his visit, <strong>High</strong> <strong>Commission</strong>er along with Hon. Dullas Alahapperuma, the<br />

Minister for Youth Affairs and Skills Development, Government <strong>of</strong> Sri Lanka, inaugurated the Vocational<br />

Training Centre, Nuwara Eliya, by formally handing over the equipments installed at the Centre. The<br />

handing over event was also graced by Hon. Members <strong>of</strong> Parliament, Mr. Radhakrishnan, Mr. Rajadurai;<br />

Mrs. Anushia Shivarajah, Hon. Minister for Tamil Education, Central Province; the Mayor <strong>of</strong> Nuwara Eliya<br />

and Mr. A. Natarajan, Assistant <strong>High</strong> <strong>Commission</strong>er <strong>of</strong> <strong>India</strong>, Kandy, besides the Chairman <strong>of</strong> VTA, Col.<br />

Darshana Ratnayake, Mr. W.D. Fernando, Director (Training), VTA and Mr. Niroshana Perera, Regional<br />

D i r e c t o r , V T C , N u w a r a E l i y a .<br />

In his remarks, the <strong>High</strong> <strong>Commission</strong>er noted that <strong>India</strong> had undertaken to implement projects to set<br />

up Vocational Training Centres in various parts <strong>of</strong> Sri Lanka under <strong>India</strong>n grant assistance to help<br />

students to gain pr<strong>of</strong>essional knowledge so as to gain meaningful employment and to encourage<br />

self-entrepreneurship. He highlighted that VTC Nuwara Eliya was the fifth Vocational Training Centre set up<br />

with the support <strong>of</strong> the Government <strong>of</strong> <strong>India</strong> and would help students from the Central Province and<br />

adjoining areas to pursue training and build a career in vocational trade. <strong>India</strong> had earlier supported setting<br />

up <strong>of</strong> VTCs at Hatton, Puttalam, Vantharamullai and Onthachimadam in Batticaloa. The <strong>High</strong> <strong>Commission</strong>er<br />

encouraged students to avail scholarships <strong>of</strong>fered by <strong>India</strong>, which had almost been trebled from this year.<br />

A Memorandum <strong>of</strong> Understanding for setting up the VTC in Nuwara Eliya with an <strong>India</strong>n grant<br />

assistance <strong>of</strong> SLR 215 million was signed with the Government <strong>of</strong> Sri Lanka in July 2011. With the handing<br />

over <strong>of</strong> the machinery and equipment, the VTC will start imparting vocational training to students in seven<br />

trades (Machine shop; Industrial and Domestic electrician; Electronics; Hardware and Networking;<br />

Information Technology Lab; Automobile and Aluminum Fabrication).<br />

The Implementing Agency for the Project, Hindustan Machine Tools HMT(I), has also provided<br />

equipment, books, computers, vehicles (3 mini buses and 1 Pick up van) and has already trained nine<br />

trainee instructors from Sri Lanka covering various disciplines for a total period <strong>of</strong> 27 man-months in <strong>India</strong>.<br />

HMT(I) would also be providing on-the-job training by <strong>India</strong>n experts.<br />

In his remarks, Hon. Dullas Alahapperuma, the Minister for Youth Affairs and Skills Development<br />

expressed his gratitude to the Government and the people <strong>of</strong> <strong>India</strong> for providing heavy equipment to the<br />

Vocational Training Centre at Nuwara Eliya and said "<strong>India</strong> is not only Sri Lanka’s close and intimate<br />

neighbour but also racially, culturally and economically so close that no other country in the world could be<br />

compared". The <strong>High</strong> <strong>Commission</strong>er's visit to the Central Province helped in reviewing the progress <strong>of</strong><br />

<strong>India</strong>n-assisted projects in the Province and in exploring opportunities to further develop economic, cultural<br />

and people-to-people links between <strong>India</strong> and Central Province <strong>of</strong> Sri Lanka. The Government <strong>of</strong> <strong>India</strong> has<br />

been implementing a variety <strong>of</strong> multi-sectoral projects in Sri Lanka based on the needs and priorities<br />

identified by the people <strong>of</strong> Sri Lanka.<br />

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BILATERAL BEAT<br />

Visit <strong>of</strong> the <strong>High</strong> <strong>Commission</strong>er <strong>of</strong> <strong>India</strong> to Kandy<br />

<strong>High</strong> <strong>Commission</strong>er H.E. Mr. Ashok K. Kantha visited Kandy in the Central Province on 16 November<br />

2012. During the visit, he has called on the Most Venerable Udugama Buddharakkita, Mahanayake Thero<br />

<strong>of</strong> Asgiriya Chapter and the Most Venerable Thibbatuwawe Sri Siddhartha Sumangala, Mahanayake Thero<br />

<strong>of</strong> Malwatte Chapter. He also met Hon´ble Sarath Ekanayake, Chief Minister <strong>of</strong> Central Province and<br />

attended a luncheon meeting organized by the Chamber <strong>of</strong> Commerce and Industry, Central Province.<br />

During his calls on the Mahanayake Thero <strong>of</strong> Asgiriya Chapter and the Mahanayake Thero <strong>of</strong><br />

Malwatte Chapter, the <strong>High</strong> <strong>Commission</strong>er highlighted the series <strong>of</strong> initiatives undertaken by <strong>India</strong> to jointly<br />

commemorate the Sambuddhatva Jayanti with Sri Lanka. He mentioned that he was particularly impressed<br />

by the overwhelming public response to the Exposition <strong>of</strong> Kapilavastu Relics at all the ten venues in Sri<br />

Lanka. He was happy to learn that approximately 3.5 million devotees had paid homage to the Sacred<br />

Relics, which had been brought to Sri Lanka by the Hon´ble Minister <strong>of</strong> Culture <strong>of</strong> <strong>India</strong> on 19th August<br />

2012, in response to the special request made by H.E. the President <strong>of</strong> Sri Lanka to H.E. the Prime Minister<br />

<strong>of</strong> <strong>India</strong>.<br />

The <strong>High</strong> <strong>Commission</strong>er noted that Buddhism continued to be one <strong>of</strong> the common threads binding<br />

<strong>India</strong> and Sri Lanka. H.E. the President <strong>of</strong> Sri Lanka had laid the foundation stone <strong>of</strong> the University <strong>of</strong><br />

Buddhist and Indic Studies at Sanchi, Madhya Pradesh, during his visit to <strong>India</strong> in September 2012. He<br />

extended invitations to the two Mahanayake Theros to visit <strong>India</strong>. The Mahanayake Theros <strong>of</strong> the Asgiriya<br />

and the Malwatte Chapters appreciated the special gesture <strong>of</strong> the Government <strong>of</strong> <strong>India</strong> in organizing the<br />

exposition <strong>of</strong> the Sacred Kapilavastu Relics in Sri Lanka and acknowledged the deep cultural and spiritual<br />

b o n d s b e t w e e n I n d i a a n d S r i L a n k a .<br />

The <strong>High</strong> <strong>Commission</strong>er and the Hon´ble Chief Minister <strong>of</strong> the Central Province reviewed progress in<br />

the <strong>India</strong>n-assisted development projects currently being undertaken in the Province, including the<br />

construction <strong>of</strong> a 150-bed hospital at Dickoya fully grant-funded by the Government <strong>of</strong> <strong>India</strong> and the<br />

construction <strong>of</strong> 4000 houses in the Central Province under the third phase <strong>of</strong> the <strong>India</strong>n Housing Project,<br />

which is expected to commence soon.<br />

The <strong>High</strong> <strong>Commission</strong>er announced that the Dickoya Hospital project was expected to be completed<br />

on schedule by July 2013 and requested the full involvement <strong>of</strong> the Central Province Administration in the<br />

<strong>India</strong>n Housing Project. He also pointed out that the Corpus Fund for CEWET had been doubled and that<br />

the number <strong>of</strong> general scholarships for deserving Sri Lankan students had been trebled.<br />

Responding to specific requests, the <strong>High</strong> <strong>Commission</strong>er <strong>of</strong>fered <strong>India</strong>n assistance in reviving the<br />

closed Hotel Management School in Kandy by conducting training courses. He also <strong>of</strong>fered to provide<br />

medical equipment to the upcoming Cancer Treatment Section in the Kandy General Hospital, similar to<br />

projects undertaken by <strong>India</strong> to provide critical medical equipment to General Hospitals at Jaffna, Killinochi<br />

and Mulaitivu under the Small Development Programme Scheme. The <strong>High</strong> <strong>Commission</strong>er extended an<br />

invitation to the Hon´ble Chief Minister to visit <strong>India</strong>.<br />

During the business luncheon organized by the Chamber <strong>of</strong> Commerce and Industry, Central<br />

Province, the <strong>High</strong> <strong>Commission</strong>er announced that a Business Seminars would be organized in Kandy to<br />

create further awareness about the business opportunities between <strong>India</strong> and Sri Lanka, particularly the<br />

advantages <strong>of</strong>fered by the <strong>India</strong>-Sri Lanka Free Trade Agreement and the additional benefits to be made<br />

available by the proposed CEPA.<br />

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BILATERAL BEAT<br />

<strong>India</strong> gifts 175 boats with outboard motors and fishing equipment worth LKR 71 million to<br />

IDPs at Mannar<br />

The <strong>High</strong> <strong>Commission</strong>er <strong>of</strong> <strong>India</strong> H.E. Mr. Ashok K. Kantha visited Mannar District in the Northern<br />

Province on 2 December 2012 and handed over 175 boats with one outboard motor each and twelve<br />

fishing nets to 350 beneficiaries. The boats were handed over in the presence <strong>of</strong> Hon. Dr. Rajitha<br />

Senaratne, Minister <strong>of</strong> Fisheries and Aquatic Resources and Hon. Mr. Rishad Bathiudeen, Minister <strong>of</strong><br />

Industries and Commerce. The handing over ceremony was also graced by Hon. G.A.Chandrasiri,<br />

Governor <strong>of</strong> Northern Province, Mr. Hunais Farook, Member <strong>of</strong> Parliament, Mr. W.M.Ehiyan, Chairman,<br />

Musali Pradesiya Sabha and several other senior <strong>of</strong>ficials. These boats have been gifted under the grant<br />

assistance <strong>of</strong> Government <strong>of</strong> <strong>India</strong> at a cost <strong>of</strong> LKR 71 million.<br />

In his remarks, the <strong>High</strong> <strong>Commission</strong>er highlighted that <strong>India</strong>’s assistance to the Sri Lankan people<br />

has evolved taking into account the immediate needs and requirements as articulated by the Government<br />

<strong>of</strong> Sri Lanka. <strong>India</strong>’s assistance which focused on emergency relief assistance towards the end <strong>of</strong> the<br />

armed conflict and in its immediate aftermath, gradually focused on the resettlement <strong>of</strong> the Internally<br />

Displaced Persons (IDPs). The subsequent requirements <strong>of</strong> re-construction are being addressed through<br />

the flagship <strong>India</strong>n housing project, the Northern Railway reconstruction project and other infrastructural<br />

development initiatives. In parallel, several small development projects have been implemented to promote<br />

livelihood generation activities and the gifting <strong>of</strong> 175 fishing boats is a part <strong>of</strong> efforts to rejuvenate the<br />

e c o n o m y o f t h e N o r t h e r n P r o v i n c e .<br />

The <strong>High</strong> <strong>Commission</strong>er also used the opportunity <strong>of</strong> his visit to review the progress <strong>of</strong> <strong>India</strong>nassisted<br />

projects in the Northern Province. He underlined that the Northern Railway reconstruction project<br />

was progressing smoothly and would be completed ahead <strong>of</strong> schedule by December 2013. He dwelt upon<br />

the benefits <strong>of</strong> increased connectivity <strong>of</strong> the Northern Province with the rest <strong>of</strong> Sri Lanka once the project<br />

was completed it would give a tremendous boost to the economy <strong>of</strong> the region. Continuing on the theme <strong>of</strong><br />

connectivity, <strong>High</strong> <strong>Commission</strong>er expressed hope that the ferry service between Talaimannar and<br />

Rameswaram would be resumed soon and pointed out that Government <strong>of</strong> <strong>India</strong> was in favour <strong>of</strong> early<br />

resumption <strong>of</strong> the ferry service and is prepared to work with Government <strong>of</strong> Sri Lanka in this regard.<br />

In his remarks, Hon. Dr. Rajitha Senaratne, Minister <strong>of</strong> Fisheries and Aquatic Resources, pointed out<br />

that the hallmark <strong>of</strong> <strong>India</strong>n assistance was that all her support to Sri Lanka has come in the form <strong>of</strong> grant<br />

assistance. He thanked the Government <strong>of</strong> <strong>India</strong> for implementing several livelihood projects, including the<br />

grand housing project involving construction <strong>of</strong> 50,000 houses for Internally Displaced Persons (IDPs).<br />

In his remarks, Hon Mr. Rishad Bathiudeen, Minister <strong>of</strong> Industries and Commerce, also thanked the<br />

Government <strong>of</strong> <strong>India</strong> for the continuous support extended to implement a variety <strong>of</strong> projects aimed at<br />

resettlement <strong>of</strong> the IDPs in the conflict-affected areas and restoration <strong>of</strong> their livelihoods. He also stated that<br />

the people <strong>of</strong> Musali would be grateful to <strong>India</strong> for implementing a number <strong>of</strong> development projects in the<br />

region.<br />

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BILATERAL BEAT<br />

<strong>India</strong>’s Trimax to setup Rs. 3.5bn data centre in Hambantota<br />

Trimax IT Infrastructure & Services Ltd. (Trimax), a Mumbai-based leading IT company, signed an<br />

agreement with the Sri Lankan Ministry <strong>of</strong> Telecom and Information Technology, to set up a state-<strong>of</strong>-the-art<br />

“Data Centre” at the proposed 1500 acre Saki Knowledge and Technology Park in Hambantota. An MOU to<br />

this effect was signed by Trimax Chairman and Managing Director Surya Prakash Madrecha and Ministry <strong>of</strong><br />

Telecom and Information Technology Secretary H.M. Gunasekara in <strong>Colombo</strong> on 28th November 2012.<br />

On this occasion, BOI Chairman M.M.C. Ferdinando stated that with the Government <strong>of</strong> Sri Lanka<br />

expecting exponential economic growth for the country, investments such as this in IT and infrastructure<br />

were keeping in line with the Government’s 10-year ‘Taking Sri Lanka to 2020’ initiative, which would also<br />

help position the country as a regional knowledge hub. He further stated that the BOI expected growing<br />

enthusiasm from IT-related corporations to participate and be a part <strong>of</strong> the Hambantota IT Park and added<br />

that the expected total investments targeted would be a massive US$ 5 billion. The proposed data centre,<br />

which will be developed in 10 acres <strong>of</strong> government owned land leased by Trimax, is expected attract 100<br />

investors who would invest more than US$ 5,000 million generating 100,000 direct and indirect employment<br />

opportunities by 2016. The company has been provided with a 12-year tax holiday as well as Customs duty<br />

and Value Added Tax exemptions for the required project-related equipment.<br />

The Rs. 3.5 billion data centre project, which would be the first one to be situated at the proposed<br />

1,500 acre IT Park in Hambantota, will look to provide shared, secured and managed infrastructure for<br />

consolidating and hosting national level applications with a view to providing government-to-government,<br />

government-to-citizen and government-to-business services, which would be fast, efficient, trustworthy and<br />

also provide a managed environment for individuals and businesses to conduct secure transactions.<br />

Speaking at the MOU signing ceremony Trimax Chairman and Managing Director Surya Prakash<br />

Madrecha expressed confidence in the country’s economy and development plans: “We are happy to invest<br />

in an emerging market like Sri Lanka, one <strong>of</strong> the fastest growing economies in the world, and to support the<br />

Government’s 10-year development plan to take the country forward and make it the wonder <strong>of</strong> Asia.<br />

Investment in IT infrastructure in such an environment is <strong>of</strong> fundamental importance, thus it is a great<br />

opportunity for Trimax.” He pledged the company’s continued commitment to local skills development, with<br />

plans for training and employing a total <strong>of</strong> 500 local staff for direct employment at the proposed centre, which<br />

is scheduled to be completed within the next nine months.<br />

In this context, on 29th November 2012, Shri Surya Prakash Madrecha, Chairman & MD, Trimax<br />

accompanied by Shri Ashvanni Srivastava, Principal-International Business and Healthcare Practice called<br />

on the <strong>High</strong> <strong>Commission</strong>er and briefed him about their project in Sri Lanka.<br />

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Spotlight Continues: Cement Industry<br />

<strong>India</strong> ranks as the second largest producer <strong>of</strong> quality cement in the world. There are 139 large cement<br />

plants and over 365 mini cement plants in <strong>India</strong>. The country has a total <strong>of</strong> 40 players in the industry<br />

currently.<br />

The demand for cement, being a derived one, depends mainly on the industrial activities, real estate<br />

business, construction activities and investment in the infrastructure sector. With the ever-increasing<br />

requirement for infrastructure, in addition to the onset <strong>of</strong> various Special Economic Zones (SEZs) being<br />

developed across the country, there is a huge demand for cement. <strong>India</strong>'s 330 million tonne (MT) cement<br />

industry grew by 6.4 per cent in FY12, on back <strong>of</strong> robust demand revival in the second half <strong>of</strong> the year. The<br />

industry sold 223.02 MT <strong>of</strong> the building material, compared with 209.5 MT in FY11.<br />

Market Size<br />

The cement and gypsum products sector has attracted foreign direct investments (FDI) worth US$<br />

2,618.30 million between April 2000 to August 2012, according to the data published by the Department <strong>of</strong><br />

Industrial Policy and Promotion (DIPP).<br />

The demand for cement is expected to grow at 10 per cent over 2011, as per ACC Ltd's annual<br />

report. <strong>India</strong>'s total installed capacity <strong>of</strong> cement stood at 320 million tonnes per annum (MTPA).<br />

The cement industry plans to add new capacity <strong>of</strong> about 71 MT in the next two financial years. At<br />

present, it has an installed capacity <strong>of</strong> over 315 MT to cater to the demand <strong>of</strong> about 230 MT. "It is anticipated<br />

that the cement industry players will continue to increase their annual cement output in coming years and the<br />

country's cement production will grow at a compound annual growth rate (CAGR) <strong>of</strong> around 12 per cent<br />

during 2011-12 - 2013-14 to reach 303 MMT," according to a RNCOS report titled '<strong>India</strong>n Cement Industry<br />

Forecast to 2012'.<br />

Investments<br />

<br />

<br />

<br />

<br />

<br />

Cement Corporation <strong>of</strong> <strong>India</strong> (CCI) plans to set up a cement grinding unit with an installed capacity <strong>of</strong><br />

82,500 tonnes per annum, on a single shift basis at a cost <strong>of</strong> Rs 39.68 crore (US$ 7.18 million) in district<br />

<strong>of</strong> Cachar, Assam<br />

German cement major Heidelberg and domestic firms including Ultratech and Reliance Cements have<br />

evinced interest to be the joint venture (JV) partner in the state-run Rashtriya Ispat Nigam's proposed Rs<br />

1,000 crore (US$ 180.31 million) 3 MTPA cement plant at Vizag<br />

Reliance Cement Company Pvt Ltd (RCC), a subsidiary <strong>of</strong> Reliance Infrastructure Ltd, has commenced<br />

production <strong>of</strong> cement from its first manufacturing unit at Butibori, Nagpur in Maharashtra. RCC is building<br />

two cement plants with a total capacity <strong>of</strong> 10 MT in Madhya Pradesh and Maharashtra with associated<br />

grinding plants<br />

<strong>India</strong> Cements has started the paper work on a brownfield expansion to add over three MT at two <strong>of</strong> its<br />

cement plants in Tamil Nadu<br />

Kolkata-based real estate company Ro<strong>of</strong>ers Group will commission a 200 tonnes-a-day cement plant this<br />

week at Lodhasuli in the Midnapore district <strong>of</strong> the State<br />

Total operational capacity <strong>of</strong> the North-East region's cement units is likely to exceed 7 MT in 2013-14<br />

from 6 MT now. The projected compound annual cement demand growth rate for the region is around 20<br />

per cent for the next few years<br />

<br />

Ambuja Cements' integrated plant unit at Chandrapur, in Maharashtra, the Maratha Cement Works<br />

(MCW) has bagged the gold award for the best safety systems at the Safety Excellence System Awards<br />

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Spotlight Continues: Financial Services<br />

Government Initiatives<br />

<strong>India</strong> would require overall cement capacity <strong>of</strong> around 480 MT. This would mean the industry will<br />

have to add another 150 MT <strong>of</strong> capacity during the period, according to the latest report from the working<br />

group on the industry for the 12th Five Year Plan (2012-17).<br />

<strong>High</strong>lights <strong>of</strong> the Union Budget 2012-13<br />

<br />

Excise duty rationalised for packaged cement, whether manufactured by mini cement plants or others.<br />

Packaged cement, whether manufactured by mini-cement plants or others, attracts differential excise duty<br />

depending on the Retail Sale Price per bag. It is proposed to prescribe a unified rate <strong>of</strong> 12 per cent + Rs 120<br />

(US$ 2.17) PMT for non-mini cement plants and 6 per cent + Rs 120 (US$ 2.17) PMT for mini-cement plants.<br />

It is proposed to charge this duty on the Retail Sale Price less abatement <strong>of</strong> 30 per cent.<br />

The <strong>India</strong>n construction industry has shown significant development over the years with eminent and<br />

efficient engineers at the helm and is among the best in the world, said Anand Sundaresan, Managing<br />

Director, Schwing Stetter (<strong>India</strong>) Pvt Ltd, while inaugurating a conference on 'Latest Trends in Construction<br />

Industry'<br />

The private sector is expected to contribute 44 per cent <strong>of</strong> the total projected spend <strong>of</strong> US$ 100 billion on<br />

roads and highways over the Twelfth Five Year Plan (2012-17) period<br />

The Union Budget 2012- 13 is a pragmatic and growth-oriented one. Infrastructure sector has been given<br />

due thrust in the budget<br />

Road Ahead<br />

<strong>India</strong>n cement majors, including ACC Ltd, Shree Cement Ltd and Ultratech, have signed a<br />

co-operation pact to support low-carbon investments in <strong>India</strong>. The pact was signed in Geneva with member<br />

companies <strong>of</strong> the World Business Council (WBC) for Sustainable Development's Cement Sustainability<br />

Initiative and International Finance Corporation (IFC). The roadmap will pave a possible transition path for the<br />

<strong>India</strong>n cement industry to reduce its direct emissions by 18 per cent by 2050. This is the first roadmap to<br />

focus on one specific industrial sector in a single country, as per a WBC release.<br />

The initiatives taken by the Government <strong>of</strong> <strong>India</strong> to various infrastructure projects, road network and<br />

housing activities has provided the required stimulus for growth <strong>of</strong> the cement industry in <strong>India</strong>.<br />

Source: www.ibef.org<br />

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BILATERAL ECONOMY<br />

<strong>India</strong> International Trade Fair (IITF) 2012<br />

The 32nd Edition <strong>of</strong> <strong>India</strong> International Trade Fair (IITF) was held at Pragati Maidan from<br />

November 14th to 27th, 2012 organized by <strong>India</strong>n Trade Promotion Organization.<br />

Nine prominent Sri Lankan companies participated in this Fair under the banner <strong>of</strong> Export<br />

Development Board <strong>of</strong> Sri Lanka and were successful in forging new business relationships in <strong>India</strong>.<br />

Sri Lankan companies like D Samson Industries (Pvt) Ltd; Shakira’s Gems & Jewellery; Edna<br />

Chocolates (Ceylon Ltd.); AMP Ceylon Pvt. Ltd., Dambadeniya Export Products Development Co.Ltd.<br />

and Sri Lanka Export Development Board showcased their products & services in the fair.<br />

IITF is a major tourist attraction and lakhs <strong>of</strong> people visit the fair every year. This annual event<br />

provides a common platform for the manufacturers, traders, exporters and importers. The fair displays<br />

comprised a wide range <strong>of</strong> products and services including Automobiles, Coir Products, Jute, Textiles,<br />

Garments, Household Appliance, Kitchen Appliances, Processed food, Beverages, Confectionery, Drugs,<br />

Pharmaceuticals, Chemicals, Cosmetics, Bodycare & Health care products, Telecommunication, Power<br />

sector, Electronic Sector, Furniture, Home Furnishings, Sports Goods, Toys, Engineering Goods etc. This<br />

year (2012) 22 countries (including <strong>India</strong>) participated in the trade fair. The event hosted a number <strong>of</strong><br />

seminars and workshops along with cultural programs.<br />

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BILATERAL ECONOMY<br />

<strong>India</strong>n Shopping Festival<br />

Sri Lanka’s largest <strong>India</strong>n shopping event, The <strong>India</strong>n Shopping Festival was held from 1 - 10<br />

December 2012 at the Sri Lanka Exhibition and Convention Centre, which was a huge success among<br />

shoppers and exhibitors alike. This event was held for the ninth consecutive year. This year’s fair achieved a<br />

bigger growth from the past years, with the participation <strong>of</strong> many new <strong>India</strong>n exhibitors and several local<br />

companies selling <strong>India</strong>n goods. Around 70 trade stalls were put up by stores based in Sri Lanka dealing with<br />

<strong>India</strong>n products. The show achieved a growth <strong>of</strong> almost 25 % in exhibition stalls and the event aims attracted<br />

nearly 40,000 shoppers and visitors to the fair over the 10 days.<br />

This event showcased a wide range <strong>of</strong> products and services which included: Fast moving consumer<br />

products ( FMCG ), Ladies / Gents / Kids Garments & Footwear, Saree, Sarong , batik items , Mobile<br />

phones, Kitchenware, Toys, Leather goods, Household items, Gift items, Custom Jewellery, Plastic items,<br />

Furniture, Linen, Fancy Goods , Artificial Flowers, Electrical goods, Home Deco Products, Christmas Decors,<br />

Seasonal Greeting Cards, etc.<br />

Santastic Fair<br />

The annual “Santastic Fair” was organized from 14-23 December, 2012 at Sri Lankan Exhibition<br />

& Convention Centre, <strong>Colombo</strong>. This is the country's largest consumer fair especially for the festive season.<br />

Under the banner <strong>of</strong> Federation <strong>of</strong> <strong>India</strong>n Export Organisations (Southern Region), 10 companies from <strong>India</strong><br />

dealing in handicrafts, handbags, gift items and other consumer products successfully participated in this fair.<br />

This fair showcased a wide range <strong>of</strong> products which included: Apparels & Accessories, Home<br />

Appliances, Furnishings, Jewellery, Food Items, Household Items, Interior Products, Gift Items, Stationery,<br />

Toys, Electronics, Computers, Mobile Phones & Accessories. This year’s event included 11 stalls from <strong>India</strong><br />

& 4 stalls from Iran. The <strong>India</strong>n stalls comprised <strong>of</strong> traditional costume jewellery, sarees, garments, &<br />

sweetmeats.<br />

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BILATERAL ECONOMY<br />

Bilateral Trade<br />

Bilateral trade turnover amounted to about US$ 4002.45 million during the period January-December<br />

2012. During this period Sri Lanka's exports to <strong>India</strong> were about US$ 518.71 million; and imports from <strong>India</strong><br />

were about US$ 3483.74 million. During November, Sri Lanka’s imports from <strong>India</strong> amounted to US$ 255.24<br />

million; and exports to <strong>India</strong> aggregated US$ 30.12 million. During December, Sri Lanka’s imports from <strong>India</strong><br />

amounted to US$ 229.65 million; and exports to <strong>India</strong> aggregated US$ 68.96 million.<br />

Source: Sri Lanka Customs, www.customs.gov.lk<br />

Tourist Arrivals from <strong>India</strong> to Sri Lanka<br />

The total number <strong>of</strong> tourist arrivals during the year <strong>of</strong> 2012 is 1005,605. The number <strong>of</strong> tourist arrivals<br />

from <strong>India</strong> to Sri Lanka between January to December 2012 is 176,340 which is approximately 17.54% <strong>of</strong> the<br />

total tourist arrival into Sri Lanka. Last year 171,374 tourists from <strong>India</strong> visited Sri Lanka, which amounts to an<br />

increase <strong>of</strong> 2.9%. During December 2012, 18,941 <strong>India</strong>n tourists visited Sri Lanka as against 17,455 in the<br />

corresponding period <strong>of</strong> the previous year indicating an increase <strong>of</strong> 8.5%.<br />

Tourist Arrivals by Month<br />

(2011 & 2012)<br />

140000<br />

120000<br />

100000<br />

80000<br />

60000<br />

40000<br />

122252<br />

109,202<br />

91102<br />

90,338<br />

90889 97517<br />

85874<br />

83549<br />

83786<br />

80,379<br />

75130<br />

79,456<br />

69563<br />

74197<br />

69591 65,245<br />

63835 57,506<br />

72463 60219 71,111<br />

65797<br />

48943 53636<br />

20000<br />

0<br />

Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec<br />

2011 2012<br />

Source: Sri Lanka Tourism Development Board, www.sltda.gov.lk<br />

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INDIAN ECONOMY<br />

<strong>India</strong>n Economy Overview<br />

"<strong>India</strong> is clearly becoming a more and more important player on the world stage in G20 context, in<br />

terms <strong>of</strong> its role in the global economy. It is very useful for us to exchange ideas and build the basis for future<br />

collaboration," according to Mr Ben Bernanke, Chairman, US Federal Reserve. <strong>India</strong> is the fifth best country<br />

in the world for dynamic growing businesses, according to the Grant Thornton Global Dynamism Index. The<br />

index gives a reflection <strong>of</strong> how suitable an environment it <strong>of</strong>fers for dynamic businesses.<br />

In addition, <strong>India</strong>'s economic confidence registered an increase <strong>of</strong> 8 points, to reach 68 per cent in<br />

August 2012 , according to the 'Ipsos Economic Pulse <strong>of</strong> the World' survey. This makes <strong>India</strong> the fourth most<br />

economically confident country in the world. <strong>India</strong> ranks fourth on Ernst & Young's (E&Y) renewable<br />

attractiveness index. <strong>India</strong> ranks second on the solar index, and third on the wind index, as per the latest<br />

study by E&Y and UBM <strong>India</strong> Pvt Ltd. Moreover, <strong>India</strong>n firms took pride at the 2012 Platts Top 250 Global<br />

Energy Company Rankings. Six <strong>of</strong> the 12 <strong>India</strong>n companies which were in the ranking, also made it to the list<br />

<strong>of</strong> top 50 fastest growing companies.<br />

The Economic Scenario<br />

<strong>India</strong> is expected to be the second largest manufacturing country in the next five years, followed by<br />

Brazil as the third ranked country.<br />

Some <strong>of</strong> the other important economic developments in the country are as follows:<br />

The cumulative amount <strong>of</strong> foreign direct investments (FDI) equity inflows into <strong>India</strong> were worth US$<br />

179,025 million between April 2000 to August 2012, <strong>of</strong> which US$ 8,166 million was recorded during the April<br />

2012 to August 2012 period, according to the latest data published by Department <strong>of</strong> Industrial Policy and<br />

Promotion (DIPP)<br />

Total exports from the <strong>India</strong>n services sector stood at US$ 11.94 billion in September 2012, up 6.3 per<br />

cent from US$ 11.23 billion in September 2011, as per data released by the Reserve Bank <strong>of</strong> <strong>India</strong> (RBI)<br />

Foreign institutional investors (FIIs) remain substantially bullish on <strong>India</strong>n markets and have invested over<br />

US$ 13 billion into <strong>India</strong>n stocks so far in 2012<br />

Mergers & acquisitions (M&A) and private equity (PE) deal activities witnessed an increase in October<br />

2012 with cumulative value worth US$ 3.1 billion from 90 transactions<br />

PE firms have invested US$ 2.5 billion in <strong>India</strong> across 97 deals in the third quarter (Q3) <strong>of</strong> 2012,<br />

registering four per cent increase in terms <strong>of</strong> value, as compared to US$ 2.4 billion in Q3 <strong>of</strong> 2011, according<br />

to a study by PricewaterhouseCoopers (PwC)<br />

Foreign institutional investors (FIIs) made a net investment <strong>of</strong> Rs 11,364 crore (US$ 2.05 billion) in the<br />

equity market and <strong>of</strong> Rs 7,851.70 crore (US$ 1.41 billion) in the debt market upto October 12, 2012 in the<br />

current year, according to data released by the Securities and Exchange Board <strong>of</strong> <strong>India</strong> (SEBI)<br />

Foreign investments in <strong>India</strong>n markets through Participatory Notes (P-Notes) peaked to a seven month<br />

high <strong>of</strong> Rs 1,46,600 crore (US$ 26.41 billion) in September 2012, sustained by expectations <strong>of</strong> fresh<br />

initiatives by the Government on policy reforms as well as the QE3 in the US boosting investor sentiment<br />

<strong>India</strong> is expected to receive remittances worth US$ 70 billion in 2012, emerging on top <strong>of</strong> the list <strong>of</strong><br />

developing countries which are expected to receive a total <strong>of</strong> US$ 406 billion remittances in 2012, according<br />

to the World Bank<br />

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INDIAN ECONOMY<br />

Growth Potential Story<br />

The <strong>India</strong>n pharmaceutical industry is expected to be amongst the top 10 global markets in value terms<br />

by 2020, according to a joint report prepared by Confederation <strong>of</strong> <strong>India</strong>n Industry (CII) and Pricewaterhouse-<br />

Coopers (PwC). The <strong>India</strong>n pharma industry has been growing at a compound annual growth rate (CAGR) <strong>of</strong><br />

more than 15 per cent over the last five years and has significant growth opportunities<br />

<strong>India</strong> is one <strong>of</strong> the leading <strong>of</strong>fshore destinations in delivering engineering research and development<br />

(ER&D) services with a market share <strong>of</strong> 22 per cent. The market in <strong>India</strong> is expected to grow to US$ 42 billion<br />

by 2020, as per a Zinnov study titled, 'Engineering R&D: Advantage <strong>India</strong>'<br />

<strong>India</strong> would take its new and renewable energy capacity to 54,000 megawatt (MW) by 2017, as per Mr<br />

Gireesh B Pardhan, Secretary, Ministry <strong>of</strong> New and Renewable Energy (MNRE). Currently, the country has a<br />

renewable energy capacity <strong>of</strong> around 27,000 MW<br />

The information technology (IT) and business process outsourcing (BPO) sector <strong>of</strong> <strong>India</strong> is expected to<br />

register a growth <strong>of</strong> 11 per cent and revenue <strong>of</strong> US$ 75 billion-US$ 77 billion during 2012-13, according to<br />

National Association <strong>of</strong> S<strong>of</strong>tware and Services Companies (Nasscom)<br />

The public cloud services market in <strong>India</strong> is projected to grow to US$ 326.2 million, registering 32.4 per<br />

cent growth in 2012, highlighted a report by Gartner<br />

As per Venture Intelligence data, the healthcare and life sciences sector has received the maximum<br />

investment from private equity (PE) and venture capital (VC) players, attracting US$ 817 million across 29<br />

investments till August 2012, as compared to US$ 421 million worth 38 deals in 2011<br />

The specialty chemicals industry <strong>of</strong> <strong>India</strong> is estimated to grow from US$ 22 billion to US$ 80-US$ 100<br />

billion by 2020<br />

The entertainment and media industry in <strong>India</strong> is expected to reach Rs 1,750 billion (US$ 31.53 billion) by<br />

2016, according to a joint study by CII and PwC. In <strong>India</strong>, internet access and gaming segments have also<br />

emerged as the fastest-growing at 57 per cent and 33 per cent CAGR, respectively<br />

The <strong>India</strong>n food services industry is worth nearly Rs 75,000 crore (US$ 13.51 billion) and is growing at a<br />

healthy CAGR <strong>of</strong> 17 per cent. It is expected to reach Rs 137,000 crore (US$ 24.68 billion) by 2015, according<br />

to a report released at the <strong>India</strong>n Restaurant Congress<br />

Road Ahead<br />

The Government <strong>of</strong> <strong>India</strong> plans to make <strong>India</strong> a teleport hub, enabling it to become an up-linking/<br />

down-linking centre. The Ministry <strong>of</strong> Information and Broadcasting (I&B) will hold consultations with the<br />

industry to explore modalities and finalise the road map for the same, as per Mr Uday Kumar Verma,<br />

Secretary, Ministry <strong>of</strong> I&B, Government <strong>of</strong> <strong>India</strong>.<br />

In addition, <strong>India</strong> has become a key contributor in global research and <strong>of</strong> growth in the Asia-Pacific<br />

(APAC) region, playing host to one-third <strong>of</strong> top 1,000 R&D spenders in the world, according to a Zinnov study<br />

titled 'Global R&D Benchmarking Study'. "The <strong>India</strong>n financial markets have witnessed favouritism among the<br />

investing diaspora compared to its Asian counterparts such as South Korea, Taiwan, Thailand and Indonesia,"<br />

a report by Mecklai Financial highlighted.<br />

Source: www.ibef.org<br />

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INDIAN TRADE QUERIES<br />

S. No Products – Importers/<br />

Dealers in Sri<br />

Lanka<br />

Company Name<br />

1. Fresh Fruits Mr. Samit Ambalia<br />

M/s. Rabbitbite, <strong>India</strong>.<br />

2. Cardamom, Pepper,<br />

C<strong>of</strong>fee, Tea<br />

M/s. Breeze Trade Service<br />

44/22, East Veli Street, Soundaravel<br />

Lane, Bodinayakkanur-<br />

625513, Tamil Nadu.<br />

3. Incense Stick Mr. Anand Agarwal<br />

M/s. M L Commodities<br />

Vijay Box, 352, Murlidhar Compound,<br />

JSS Road,<br />

Mumbai-400002.<br />

4. Pharmaceuticals Mr. Dev Gawankar<br />

M/s. Completechemie Corporation<br />

815, IJMIMA Co-op Society Ltd<br />

Off. Link Road, Malad West,<br />

Mumbai-400064.<br />

5. Leather Goods,<br />

Fashion Garments,<br />

Perfumes & Fragrances<br />

6. Leather Wallet &<br />

Leather Belt<br />

7. Cosmetics & Skincare<br />

Products<br />

8. Rice & Agro Commodities<br />

Mr. Amol Bajpai<br />

M/s. Prowess Marketing<br />

127/784/15 W-1, Saket Nagar,<br />

Kanpur - 208 014, Uttar Pradesh<br />

Mr. Baby Kutty<br />

Managing Partner<br />

M/s. Leamark Enterprises<br />

S/No.628/5, Nuthanchery Main<br />

Road, Madambakkam, Chennai<br />

– 600 126<br />

Mr. Shridhar Dongre<br />

M/s. Gargi Herbal Skin Care<br />

No. 1, Nahur Udyog Premises,<br />

Malaviya Marg, Mulund, Mumbai<br />

-400080.<br />

Ms. Shweta Uniyal<br />

Export Coordinator<br />

M/s. P.K. Overseas (P) Ltd<br />

4093/3, Naya Bazar, Lahori<br />

Gate, Delhi-110006.<br />

9. Industrial Valves Mr. Shreyans Panchal<br />

Business Coordinator<br />

M/s. H.P. Valves Pvt. Ltd<br />

S-2, Abhishek Industrial Estate,<br />

Haripura, Asarwa, Ahmedabad.<br />

Tel/Fax/E-mail<br />

Mobile: +91-9699011922<br />

E-mail: info@rabbitbite.com<br />

samit@rabbitbite.com<br />

Website: www.rabbitbite.com<br />

E-mail:<br />

breezetradeservice@yahoo.com<br />

Mobile: +91-9969027106<br />

E-mail: gayatri7@vsnl.com<br />

Tel: +91-22-40212021/ 42648884<br />

Mobile: +91-9773148806<br />

Fax: +91-22-40212022<br />

E-mail:<br />

marketing1@completechemie.com<br />

Tel: +91-512-2613011<br />

E-mail: prowess.bajpai@gmail.com<br />

Tel: +91-44-65155065<br />

Mobile: +91- 90031 71425<br />

E-mail:<br />

babykutty@leamarkenterprises.com<br />

Website: www.leamarkenterprises.com<br />

Tel: +91-22-65007075<br />

Fax: +91-22-25901353<br />

E-mail: gargi_india@sify.com<br />

Website: www.gargiherbal.com<br />

Tel: +91-11-23922700/ 23986913<br />

Mobile: +91-9811777523/ 8373914103<br />

Fax: +91-11-23972700<br />

E-mail:<br />

shweta.uniyal@pkoverseas.com<br />

Suhail.ali@pkoverseas.com<br />

Website: www.pkoverseas.com<br />

Tel: +91-79-22166680<br />

Fax: +91-79-22120945<br />

E-mail: exports.hpvalves@gmail.com<br />

Website: www.hpvalve.in<br />

10. Maize, Onion, Rice &<br />

Spices<br />

Mr. K. Ganesan<br />

M/s. Kanishka Imports & Exports<br />

17/6, Madhavan Street, Attur-<br />

636141, Salem Dt, Tamil Nadu<br />

Mobile: +91-9944972938<br />

E-mail:<br />

kanishkaimports.exports@gmail.com<br />

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INDIAN TRADE QUERIES ….continues<br />

11. Liquor Mr. Sanjiv K singh<br />

Consultant<br />

M/s. The Jagajit Industries Ltd<br />

Bhandari House (4 th Floor),<br />

9 1 , N e h r u P l a c e ,<br />

New Delhi-110019.<br />

12. Home Textile Products,<br />

Garments,<br />

Favric, Cotton &<br />

Terry Towels, Agarbathi,<br />

Honey<br />

M/s. Ramakrishna Khadi Bhavan<br />

No. 156,158,160, M.G. Road,<br />

Pondicherry-605001, Tamil Nadu.<br />

13. Herbals Ms. Tanvi<br />

M/s. Umalaxmi Organics Pvt. Ltd<br />

701-702, Siddhartha Complex,<br />

Alkapuri, Baroda, Gujarat.<br />

14. Cardamom, Chillies,<br />

Turmeric, Rice, Onion,<br />

Fresh Vegetables<br />

Ms. Jayanthi Ramesh<br />

M/s. Srivatsa Universal<br />

9/40, 5 th Street, R V Nagar, East<br />

Annanagar, Chennai-600102.<br />

15. Vegetables Mr. M. Ragunathan<br />

M/s. SKA Exim<br />

Trichy, Tamil Nadu.<br />

16. Fresh Vegetables,<br />

Semi husked Coconut,<br />

Chicken, Egg,<br />

Onion, Red Chilly,<br />

Potato, Turmeric,<br />

Cardamom, Cloves,<br />

Black Pepper<br />

17. Agro products and<br />

Spices<br />

18. Scientific/ Laboratory<br />

Equipments<br />

Mr. S. Vairamuthu<br />

M/s. Shai Dwaraga International<br />

3-81, Yadavar Street, Keezhoor,<br />

Thiruppathisaram, Kanyakumari-<br />

629901.<br />

M/s. Suresh Export<br />

13B, Ellaiamman West Street,<br />

Vijayapuram, Thiruvarur-610001,<br />

Tamil Nadu.<br />

Mr. Tushar Aggarwal<br />

Head – Exports<br />

M/s. Scientific <strong>India</strong><br />

33, Industrial Eatate, Ambala<br />

Cantt-133006, Haryana.<br />

19. Rice Mr. Anuj Singal<br />

M/s. R.P Basmati Rice Ltd<br />

Near Madanpur, G.T.Road, Karnal-132001,<br />

Haryana.<br />

20. Veterinary Medicine<br />

& Feed Additive<br />

Products<br />

Mr. Sajid<br />

M/s. VP Exports<br />

Chennai.<br />

21. Incense Stick M/s. Mani Exports<br />

Coimbatore, Tamil Nadu.<br />

E-mail: sksinghsk@yahoo.com<br />

Tel: +91-413-2222705<br />

Mobile: +91-9500940038<br />

E-mail:<br />

sales@ramakrishnakhadibhavan.com<br />

Website:www.ramakrishnabhavan.com<br />

Tel: +91-265-2320524<br />

Mobile: +91-8140206000<br />

E-mail: tanvim@sugarremedy.com<br />

Website: www.sugarremedy.com<br />

Tel: +91-44-43102070<br />

Mobile: +91-9841078327<br />

E-mail: rameshjayanthi07@gmail.com<br />

E-mail: skaexim@gmail.com<br />

Mobile: +91-9688764893/ 7845969920<br />

E-mail: svairamuthusdg@gmail.com<br />

Website: www.shaidwaragagroup.com<br />

Tel: +91-4346-223185<br />

Mobile: +91-9842423185<br />

Fax: +91-4368-224187<br />

E-mail: sureshexport@ymail.com<br />

Mobile: +91-9466693111<br />

Fax: +91-171-2699197<br />

E-mail: ajayoptik@gmail.com<br />

Website: www.ajayoptik.com<br />

Tel: +91-184-2002256/ 2220236/<br />

2002257<br />

Fax: +91-184-2220235<br />

E-mail: sales@rpmail.in<br />

Mobile: +91-9841941429<br />

E-mail: syed.junaid@vsolpharma.in<br />

Website: www.vsolpharma.in<br />

E-mail: maniexports@hotmail.com<br />

22. Vegetables, Fruits,<br />

Pickle, Herbals,<br />

Rice, Spices, Processed<br />

Food<br />

Mr. V. Senthilkumar<br />

M/s. Team Export & Import<br />

3-15, Koothangudi, Melapattu,<br />

Sranthangi, Pudukkottai, Tamil<br />

Nadu-614616<br />

Mobile: +91-9994762802<br />

E-mail: senthilteamexport@gmail.com<br />

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INDIAN TRADE QUERIES ….continues<br />

23. Onion, Potato,<br />

Spices<br />

24. Sarees, Rice, Ayurvedic<br />

Products<br />

25. Garments, Vegetables<br />

& Fruits<br />

Mr. V. Ponpavazhamudi<br />

M/s. PSM Exports<br />

3/508-P, Sri Ranga Nagar, Pidamaneri,<br />

Dharmapuri-636703,<br />

Tamil Nadu<br />

Mr. G. Ravishankar<br />

M/s. Lord Venkateshwara Export<br />

& Import<br />

182, Ashok Nagar, Indira Avenue,<br />

C-5, JC Court Apartment,<br />

Kanchipuram-631501,Tamil Nadu<br />

Mr. R. Dharmarajan<br />

M/s. Nandhini Exports<br />

3, Sun Complex, Keeranur,<br />

Pudukkottai, Tamil Nadu<br />

26. Spices M/s. Rajan Exporters<br />

1/308, Vetrilaikali Palayam, Rakkipalayam,<br />

Coimbatore-641031,<br />

Tamil Nadu<br />

27. Jute Yarn & Allied<br />

Products<br />

28. Pens/ Stationery<br />

Products<br />

29. Vegetables, Fruits,<br />

Rice & Handicraft<br />

Products<br />

30. Handicrafts & Decoratives<br />

31. Handicrafts<br />

(White marble<br />

plates, box, coasters,<br />

miniatures)<br />

32. Rice, Honey, Spices,<br />

Wheat, Handloom<br />

Mr. Selvapandy<br />

M/s. Star International<br />

149/1, Periyar 3 rd Street, Vilangudi,<br />

Madurai, Tamil Nadu<br />

Mr. Jayesh Surve<br />

Asst. Manager – Intl Marketing<br />

M/s. Hamilton Writing Instruments<br />

Pvt. Ltd<br />

Kaiser-I-Hind Building, 3 rd Floor,<br />

Currimbhoy Road, Ballard Estate,<br />

Mumbai-400001<br />

M/s. Evergreen International<br />

91, Mahatma Gandhi Road, Kumaran<br />

Nagar, Padi, Chennai-<br />

600050, Tamil Nadu<br />

Mr. Vikram Khajuria<br />

M/s. Khajuria Exports<br />

296, New Plots, Jammu-180005<br />

Mr. Sachin Agarwal<br />

M/s. Golden Arc International<br />

<strong>India</strong><br />

Mr. Kuldeep Vashishat<br />

M/s. Vashishth International<br />

<strong>India</strong><br />

Tel: +91-434-2280884<br />

Mobile: +91-9942434541<br />

E-mail: info@psmexports.com<br />

Website: www.psmexports.com<br />

Mobile: +91-9500945072<br />

E-mail: ravisarh@gmail.com<br />

Mobile: +91-9047755668<br />

E-mail:<br />

nandhiniexports999@gmail.com<br />

Tel: +91-422-2461021<br />

Mobile: +91-9865762696<br />

E-mail: rangaraj50@yahoo.co.in<br />

Tel: +91-452-2667651<br />

Mobile: +91-9442159499<br />

E-mail: selvapandy79@gmail.com<br />

Tel: +91-22-61280505 Ext: 517<br />

Mobile: +91-9930102950<br />

Fax: +91-22-22679568<br />

E-mail: jayesh.surve@hamiltonindia.in<br />

Website: www.hamiltonindia.in<br />

Mobile: +91-9787292722<br />

E-mail: mohan@evergreenexport.in<br />

Website: www.evergreenexport.in<br />

E-mail: ke_expo@yahoo.co.uk<br />

Mobile: +91-8859569978<br />

Fax: +91-562-4006776<br />

E-mail:<br />

handicrafts.goldenarcintl@gmail.com<br />

Website:<br />

www.goldenarcinternational.webs.com<br />

Mobile: +91-8950011436<br />

E-mail: kuldeepvashishth@yahoo.co.in<br />

33. Agricultural Products,<br />

Fabrics, Garments,<br />

Handlooms,<br />

Handicrafts, Spices,<br />

Pharmaceuticals and<br />

Processed Food<br />

Items<br />

Mr. N. Viswanathan<br />

Assistant Director<br />

M/s. Rani Traders<br />

29/7A, Vaidyanathapuram Main<br />

Road, Maapalayam, Madurai-<br />

625010, Tamil Nadu<br />

Mobile: +91-9843352830<br />

E-mail: ranitradersindia@gmail.com<br />

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SRI LANKA TRADE QUERIES<br />

S. Products Company Name & Address Tel/Fax/E-mail<br />

No<br />

1. Electrical & Engineering<br />

Products<br />

Mr. Nimal Cooray<br />

Director<br />

M/s. Nimaru Lanka Pvt. Ltd,<br />

21, Mallikarama Road, Ratmalana.<br />

Tel: +94-11-2728652/ 5541110<br />

Mobile: +94-777373307<br />

Fax: +94-11-2717514<br />

E-mail: nimaru@sltnet.lk<br />

nimal.coorey@gmail.com<br />

2. Bottling Line Companies<br />

3. Roller Shutter Gate<br />

Spring, Razor Pully<br />

4. Imports <strong>of</strong> Blended<br />

Spirits<br />

5. Contact Details <strong>of</strong><br />

Companies<br />

Mr. Mohan L.P. Wijedoru<br />

General Manager<br />

M/s. W M Mendis & Co Ltd<br />

309/5, Negombo Road,<br />

Walisara.<br />

Mr. Kumara Fernando<br />

444/D, Morawatta, Nagoda, Kandana.<br />

Mr. Devendra Madhavan<br />

Chairman/ Managing Director<br />

M/s. Ambassador Breweries & Distilleries<br />

Pvt. Ltd<br />

65/19, Sir Chittampalam A. Gardiner<br />

Mawatha, <strong>Colombo</strong>-02.<br />

Mr. Chinthaka Gunarathane<br />

Marketing Manager<br />

M/s. Inoac Polymer Lanka Pvt. Ltd<br />

201,6/1, Dharmapala Mawatha,<br />

<strong>Colombo</strong>-07.<br />

6. Hardware Steels Mr. S. Aravandy<br />

Sterling Trading Company<br />

M/s. Thai Impex Agency<br />

20, Sangamitha Mawatha, 2 nd<br />

Floor, <strong>Colombo</strong>-13.<br />

7. Automobile Mr. Demasius L.Perera<br />

M/s. St. Rita’s Tile Factory<br />

Angampitiya, Waikkala, Sri Lanka.<br />

8. Processed Food Products<br />

Mr. Sampath Wijesooriya<br />

New Business Development &<br />

Group Initiatives<br />

M/s. John Keells Holdings PLC<br />

130, Glennie Street,<br />

<strong>Colombo</strong>-02.<br />

Tel: +94-11-4692337/ 2232983<br />

Mobile: +94-773677733<br />

E-mail:<br />

mohan.wijedoru@wmmendis.com<br />

Website: www.wmmendis.com<br />

E-mail:<br />

milanthifernando@gmail.com<br />

Tel: +94-11-7632750<br />

Fax: +94-11-5356756<br />

E-mail: 3mprojects@demasu.com<br />

abdl@demasu.com<br />

chairman@demasu.com<br />

Tel: +94-11-2688384<br />

Mobile: +94-778679134<br />

Fax: +94-11-2688384<br />

E-mail:<br />

chinthaka.ipl@inoacchina.com<br />

Website: www.inoac.com<br />

Tel: +94-11-2435933<br />

Fax: +94-11-2435933<br />

E-mail: thaiaravan@yahoo.com<br />

Tel: +94-31-2277325/ 2273703<br />

Fax: +94-31-2277325<br />

E-mail: stritas@slt.lk<br />

Tel: +94-11-2306184<br />

Fax: +94-11-2306249<br />

E-mail: sampath.jkh@keells.com<br />

Website: www.keells.com<br />

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UPCOMING INDIAN TRADE FAIRS AND BUSINESS EVENTS<br />

S. No Events Contact Details<br />

1. “<strong>India</strong> International Leather Fair” is being<br />

organized from Jan 31- Feb 3 2013 at Chennai<br />

Trade Centre, Nandambakkam, Chennai<br />

by <strong>India</strong> Trade Promotion Organisation<br />

Mr. V. Narayanan<br />

Senior Manager<br />

<strong>India</strong> Trade Promotion Organisation<br />

Annamalai Building (2nd Floor)<br />

72, Rukmani Lakshmipathy Road,<br />

Egmore, Chennai 600008 (<strong>India</strong>)<br />

Tel: +91-44-28554655,28587297<br />

Telefax: +91-44-28554747<br />

E-mail: itpochn@md4.vsnl.net.in<br />

Website: www.iilfleatherfair.com<br />

2. “8 th Edition <strong>of</strong> Nakshatra Fair 2013” is being<br />

organized from 4-10 February 2013 at<br />

Hall No. 15, Pragati Maidan, New Delhi by<br />

<strong>India</strong> Trade Promotion Organisation<br />

(Astrology, Vastu, healing therapies etc)<br />

3. “Print Pack <strong>India</strong> 2013 Exhibition” is being<br />

organized from 23-28 February 2013 at <strong>India</strong><br />

Expo Centre & Mart by <strong>India</strong>n Printing, Packaging<br />

and Allied Machinery Manufacturers’<br />

Association<br />

[The biggest printing, packaging, converting,<br />

digital and signage exhibition in <strong>India</strong>]<br />

4. “Aahar International Food Fair” is being<br />

organized from 14-18 March 2013 at Hall No.<br />

15, Pragati Maidan, New Delhi by <strong>India</strong> Trade<br />

Promotion Organisation<br />

(Food, processed food, hotel & restaurant<br />

equipment & supplies)<br />

5. “9th Die & Mould <strong>India</strong> International Exhibition”<br />

is being organized from 17-20 April<br />

2014 at Bombay Exhibition Centre, Goregaon,<br />

Mumbai by Tool & Gauge Manufacturers<br />

Association <strong>of</strong> <strong>India</strong><br />

Mr. S. Bahadur<br />

Senior Manager<br />

<strong>India</strong> Trade Promotion Organisation<br />

Pragati Maidan, New Delhi-110001<br />

Tel: +91-11-23371337/ 23371540/ 23371491<br />

Fax: +91-11-23371492<br />

E-mail: sbahadur.itpo@gmail.com<br />

rajbahadur.itpo@gmail.com<br />

info@itpo-online.com<br />

Website: www.indiatradefair.com<br />

Mr. Mukesh<br />

Manager - Marketing (Foreign Trade)<br />

<strong>India</strong>n Printing, Packaging and Allied Machinery<br />

Manufacturers’ Association<br />

Mobile: +91-9924466661<br />

Website: www.printpackindia2013.com<br />

Mr. J. Sengupta<br />

<strong>India</strong> Trade Promotion Organisation<br />

Pragati Maidan, New Delhi-110001<br />

Tel: +91-11-23371491<br />

Fax: +91-11-23371492<br />

E-mail: info@itpo-online.com<br />

Website: www.indiatradefair.com<br />

Tool & Gauge Manufacturers Association<br />

A-33, Nand Jyot Industrial Estate, Safed Pool,<br />

Andheri—Kurla Road, Mumbai-400072<br />

Tel: +91-22-28526876/ 28508976<br />

Fax: +91-22-28503273<br />

E-mail: mumbai@tagmaindia.org<br />

diemould@tagmaindia.org<br />

Website: www.tagmaindia.org<br />

Www.diemouldindia.org<br />

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USEFUL BIZ LINKS<br />

National Portal www.india.gov.in<br />

Confederation <strong>of</strong> <strong>India</strong>n Industry (CII) http://www.ciionline.org<br />

Federation <strong>of</strong> <strong>India</strong>n Chambers <strong>of</strong> Commerce & Industry (FICCI) www.ficci.com<br />

Associated Chambers <strong>of</strong> Commerce and Industry <strong>of</strong> <strong>India</strong> (ASSOCHAM) http://www.assocham.org<br />

National Association <strong>of</strong> S<strong>of</strong>tware & Service Companies http://www.nasscom.in<br />

Department <strong>of</strong> Industrial Policy & Promotion http://dipp.nic.in<br />

<strong>India</strong> Brand Equity Foundation http://www.ibef.org<br />

Ministry <strong>of</strong> Overseas <strong>India</strong>n Affairs http://moia.gov.in<br />

Overseas <strong>India</strong>n Facilitation Centre (OIFC) http://www.oifc.in<br />

<strong>India</strong>n Investment Centre (IIC) http://iic.nic.in<br />

Reserve Bank <strong>of</strong> <strong>India</strong> (RBI) http://www.rbi.org.in<br />

Ministry <strong>of</strong> Commerce & Industry (Deptt <strong>of</strong> Commerce) http://commerce.gov.in/<br />

Ministry <strong>of</strong> Law, Justice & Company Affairs, Department <strong>of</strong> Company Affairs (to register and check status <strong>of</strong> a<br />

company) http://www.mca.gov.in/<br />

Ministry <strong>of</strong> Finance www.finmin.nic.in<br />

Central Board <strong>of</strong> Excise & Customs (Customs tariffs) www.cbec.gov.in<br />

Income Tax Department http://www.incometaxindia.gov.in<br />

Directorate General <strong>of</strong> Foreign Trade (Trade Complaints) http://dgft.delhi.nic.in<br />

<strong>India</strong> Trade Promotion Organisation (ITPO) http://www.indiatradepromotion.org<br />

Federation <strong>of</strong> <strong>India</strong>n Export Organisations (FIEO) http://www.fieo.com<br />

National Centre for Trade Information (NCTI) http://www.nic.in/ncti<br />

<strong>India</strong>n Council <strong>of</strong> Arbitration http://www.ficci.com/icanet<br />

Export Credit Guarantee Corporation (ECGC) http://www.ecgcindia.com<br />

Export Import Bank http://www.eximbankindia.com<br />

Export Inspection Council http://www.eicindia.org<br />

The State Trading Corporation <strong>of</strong> <strong>India</strong> Ltd. http://www.stcindia.com<br />

Minerals and Materials Corporation Limited www.mmtclimited.com<br />

<strong>India</strong> Credit Rating Agency Ltd (ICRA) www.icra.in<br />

Credit Rating & Information Services <strong>India</strong> Limited (CRISIL) http://www.crisil.com/<br />

Engineering Export Promotion Council http://www.eepcindia.org<br />

Overseas Construction Council <strong>of</strong> <strong>India</strong> http://projectexports.nic.in<br />

Agricultural and Processed Food Products Exports Developments Authority (APEDA) http://www.apeda.com/<br />

Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council (CHEMEXCIL) http://<br />

www.chemexcil.gov.in<br />

Pharmaceuticals Export Promotion Council (Pharmexcil) www.pharmexcil.com<br />

Pesticides Manufacturers & Formulators Association <strong>of</strong> <strong>India</strong> www.pmfai.org<br />

CAPEXIL http://www.capexil.com<br />

Plastics & Linoleums Export Promotion Council http://www.plexcon.org<br />

Council for Leather Exports http://www.leatherindia.org<br />

Gem and Jewellery Export Promotion Council http://www.gjepc.org<br />

Cashew Export Promotion Council http://www.cashewindia.org<br />

Electronics & Computer S<strong>of</strong>tware Export Promotion Council www.escindia.com<br />

Apparel Export Promotion Council http://www.aepcindia.com<br />

Carpet Export Promotion Council http://www.indiancarpets.com<br />

Cotton Textile Export Promotion Council http://www.texprocil.org<br />

Export Promotion Council for Handcrafts http://www.epch.com<br />

Handloom Export Promotion Council http://www.hepcindia.com/<br />

The <strong>India</strong>n Silk Export Promotion Council http://www.silkepc.com<br />

Synthetic & Rayon Textile Export Promotion Council www.synthetictextiles.org<br />

Marine Products Export Development Authority (MPEDA) http://www.mpeda.com/<br />

Rubber Board http://www.rubberboard.com<br />

Tea Board http://tea.nic.in<br />

Spices Board http://www.spicesboard.org/ or www.indianspices.com<br />

Coir Board http://coirboard.nic.in/<br />

<strong>India</strong>n Institute <strong>of</strong> Packaging http://iip-in.com<br />

<strong>India</strong>n Diamond Institute http://www.diamondinstitute.net<br />

GSI <strong>India</strong> (formerly EAN-<strong>India</strong>) http://www.gs1india.org<br />

Doing Business in Sri Lanka (Handbook for <strong>India</strong>n Business) http://www.hcicolombo.org/pdf/<br />

A_handbook_for_<strong>India</strong>n_Business.pdf<br />

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