new support for gsi india's team - The GSI Asia Group

www.gsiasia.netOctober 201206GSI ASIA ADAPT TO FCPAAGCO SYNERGYGSI ASIA TEAMGSI’S NEW OFFICEFOR INDIACorruption has become an issueof major political and economicsignificance worldwide. In manyparts of the world, companies andgovernments alike have recognizedthat corruption raises thecosts and risks for doing business.Both sectors are working togetherto combat this problem and toenhance governance and transparencyin global economies.As a wholly-owned subsidiary ofAGCO Corporation, The GSI AsiaGroup must comply with alllegislation in the U.S. and morespecifically to the FCPA. In orderto comply with FCPA, we haveimplemented effective controlsto understand our customers,dealers, agents, subcontractors,vendors and also new employees,particularly Politically ExposedPersons. In addition to that, wehave an effective communicationmechanism in place expressingZero Tolerance towards corruption.In conclusion, we always act in thebest interest of our customers andJosephine KuanGroup Accountantstakeholders. With FCPA compliance,we could ensure that we conduct ourbusiness in a socially responsibleand ethical manner. We have goodbusiness practice in place to deployAnti Corruption methods and systemsto protect our customers and stakeholdersas well as our group’sbusiness reputation.Through World Compliance we perform security checkson each and every new company AGCO deals with.August 2012 - Alex Baker, Far EastSales and Operations Manager forAGCO sales office in Singapore forMassey Ferguson, Fendt, Valtra andChallenger brands in tractors andcombines harvestor business presentedat GSI Asia sales meeting for AGCOrange of products and share the companyhistory to its new group of GSIAsia associate. Through this interact,GSI Asia team can benefit from Alex inAGCO range of agricultural machinery,market information and dealers basedthat both team able to synchronize.Shailu VermaManaging Director,GSI IndiaCumberland has big plans for Indianmarket, according to Mr. Shailu Verma,Managing Director, GSI India. “ We havedone business in India for many yearsand now the time has come to build ourteam in the country and provide a deeperengagement with our customers.Cumberland’soffice is located inGurgaon, a suburbof New Delhi.We are overwhelmed with the inquiriesthat are coming from customersin the region and it became necessaryto service them locally. We arebuilding our distribution network aswell as employing new talent, acrossthe country. In the near term, we arebuilding warehousing capabilities andsoon we will be localizing our componentsfor India.”, he added.Dr. Pradeep Kumar Sharma whojoined Cumberland recently as HeadSales - Poultry, said that Cumberlandis focusing on its strength of highestquality in design and manufacturingof broiler, breeder and layer equipment.“Many of the leading customersknow our brand and are aware that itstands for the best in the industry.They are particularly interested in ourability to provide a complete solutionalong with installation in a very shortturn around”, he added.