Communiqué November 2009 | 1 - CII

green businessremarks, said that culture of ‘Green Entrepreneurship’ is visible in Indiaand the banking sector is keenly looking at the potential opportunity.During the event, an MoU was signed between CII and Invest in SwedenAgency (ISA) to further co-operation between India and Sweden inRenewable Energy and similar sustainable technologies.The MoU enables a strategic allianceand partnership between CII- GodrejGBC and ISA for collaborative R&Dprojects, incubation / facilitationof clean enterprises in India, andspecialised programmes / projectsin energy, environment, water andwaste management.The two events covered varioustopics in the sustainability domain,discussed national and internationalbest practices and witnessed aseries of panel discussions.Investor Forum 2009 held a Business Plan Competition where ten promisingcompanies (with products in the sustainability domain) put forth theirbusiness proposals before investors and pitched their case for investmentrequirements. The winners were Husk Power Systems, Sresta Natural Bioproducts Pvt Ltd and Noble Energy Solar Technologies Ltd.Interaction with US Ambassador to IndiaMr Timothy J Roemer,US Ambassador to India,visited the CII - GBCCentre in Hyderabad on21 October and had aninteractive session withCII - AP members.Working together in acollaborative fashion, bothgovernments are activelyengaged in a strategicExchange of MoU between Srikant Illuri,Executive Director & Country Head, Invest inSweden Agency, India, and S Raghupathy, SrDirector & Head, CII – Godrej GBCTimothy J Roemer, US Ambassador to India andY Harish Chandra Prasad, Chairman, CII Andhra Pradeshdialogue that will, among other things, continue our successful energydialogue and begin discussions on actions to address the seriouschallenges of global climate change, Mr Roemer said. He appreciatedthe role played by CII in promoting energy efficiency and resourcemanagement tools and techniques in Indian industry.Mr Roemer was escorted on a tour of the Centre, which is one of the greenestbuildings in the world, and was briefed on its energy efficient, eco-friendlyand sustainable features. He also planted a sapling in the premises.Seminar on Value EngineeringThe CII – Total Cost Management (TCM) Division organised a one-daySeminar on ‘Cost Effectiveness through Value Engineering’ on 15 Octoberin Bengaluru. The seminar introduced the concept, procedure and benefitsof Value Engineering across the functions and sectors of business. Thetechnical sessions discussed Value Engineering in Manufacturing, Logistics& Infrastructure, and Management.Communiqué November 2009 | 39