CII Communique July 2011

More documents

Recommendations

Info

eportSingapore, Ambassadors-at-Large Tommy Koh and GopinathPillai, Mr S Dhanabalan, Chairman, Temasek Holdings, andProf Kishore Mahbubani, Dean, Lee Kuan Yew School ofPublic Policy at the National University of Singapore.The discussions ranged from exchanging views onAustralia & New ZealandNew ZealandOn his first visit toIndia, the Rt HonMr John Key, PrimeMinister of NewZealand, expressedhis appreciation forIndia with its youngp o p u l a t i o n , i t svisionary approachand its attitude ofrelentless toil. MrKey, who visitedIndia with a strongbusiness delegation of 25 Industry captains from differentsectors, assured his support in aggressively pursuing theFTA between the two countries by 2012, at a businessmeeting organized by CII and other industry bodies on28 June in New Delhi.Mr Anand Sharma, Union Minister of Commerce andIndustry, India, assured Mr Key that his Government believedin partnership. This visit will give a new momentum to therelationship between the two countries, he said, praisingNew Zealand’s prowess in sectors such as Technologyand Energy, and its excellent food processing technologies,which could serve as a benchmark for India. Mr Sharmaalso noted the presence of the huge Indian DiasporaCIS & RussiaRussiaA 22-member CII CEOs delegation, led by Mr BMuthuraman, President, CII, and Vice Chairman,Tata Steel, and Chairman, Tata InternationalLtd, traveled to Russia for the St PetersburgInternational Economic Forum 2011. This was thesecond consecutive year that CII organized theCEOs delegation to the event. Many of thedelegation members addressed various sessionsof the Forum.The delegation also participated in the IndiaRussia Business Dialogue on 16 June, whereindiscussions were held on economic and commercialdevelopments in India-Singapore relations and the Indianeconomy, possible areas of cooperation between Indiaand Singapore, and CII’s initiatives in and with Singapore,including the recently-held fourth round of the India-Singapore Strategic Dialogue, among others.Anand Sharma, Union Minister for Commerce & Industry, India; Rt. Hon. John Key,Prime Minister of New Zealand, and Ajay Shriram, Chairman, CII National Committeeon Sugar, and Chairman & Sr MD, DCM Shriram Consolidated Ltd, in New Delhiin New Zealand, andacknowledged thecountry as a favourited e s t i n a t i o n f o rBollywood, Tourismand Higher Education.India, he said, wasbattling the challengeof sustaining highlevel of growth, whilecoping with climatechange, food inflation,etc.M r S t e p h e nwho wasFlemming, former New Zealand cricketer,also present on the occasion, said cricket has been anadhesive bringing the two countries together.Mr Ajay Shriram, Chairman, CII National Committeeon Sugar, and Chairman & Sr. MD, DCM ShriramConsolidated Ltd, identified areas of collaboration thatIndia and New Zealand need to kick start, such assimplification of rules of investment in non conventionalsources of energy; collaboration and technology inputs inagriculture, dairy and development of the wool industry,and research programmes in biotech and bio pharma.The FTA he suggested, should include the servicessector and investment in its ambit.Sergei Ivanov, Deputy Prime Ministerof Russia, with Anand Sharma,Union Minister for Commerce &Industry, India, in St Petersburg,RussiaSergei Cheremin, Minister forEconomic Development of MoscowGovernment and B Muthuraman,President, CII, and Vice Chairman,Tata Steel, and Chairman, TataInternational LtdCommuniqué July 2011 | 63
eportcollaborations in specific sectors.CII, in partnership with the Department ofIndustrial Policy & Promotion, also organizedan Indian Reception for the Forum delegates, whichEuropeSloveniaMr Borut Pahor, Prime Minister of theRepublic of Slovenia, visited India from13-6 June, with a strong 40 member officialand business delegation. This was the firstvisit of the Slovenian Prime Minister toIndia since their independence in 1991. CIIorganized business seminars with Mr Pahorin Mumbai, New Delhi and Bangalore.Addressing the seminar in New Delhi, theSlovenian Prime Minister invited investmentsfrom India in various sectors. “In spite ofthe global economic crisis, trade betweenIndia and Slovenia grew 15 % in 2010 overthe previous year, a quarter billion euros of trade shouldbe multiplied,” he said.The Slovenian government is encouraging its businessmento search for business opportunities in the fast-growingIndian market. “India is Slovenia’s second biggest tradepartner in Asia,” said Mr Pahor.Ms Preneet Kaur, Union Minister of State, External Affairs,Latin America & The CaribbeanTrinidad & TobagoA Business Forum on the ‘Roleof the Diaspora in Building a NewPartnership between India and theCaribbean’ was held on 31 Mayin Port of Spain, the capital of theRepublic of Trinidad & Tobago (T& T). A 26-member CII businessdelegation joined Mr Vayalar Ravi,Union Minister of Overseas IndianAffairs & Civil Aviation, India, tocelebrate India Arrival Day in T & T,and attended the Business Forum.Mr Vayalar Ravi and Mr StephenCadiz, Minister of Trade & Industry,T&T, inaugurated the Forum, whichhad business sessions on investment opportunitiesbetween the two countries and the role of disapora,was attended by about 350 people, representingthe governments and industry of both India and Russia.Mr Anand Sharma, Union Minister for Commerce andIndustry, India, was the Guest of Honour.Borut Pahor, Prime Minister of Slovenia; Vladirmir Gasparič, Director General, Ministryof Foreign Affairs, Slovenia; and Banmali Agrawala, Executive Director - Strategy &Business Development, The Tata Power Company Ltdurged both sides to identify potential areas of synergiesand take bilateral relations to a higher level.In Mumbai, the Prime Minister of Slovenia addressedan exclusive, high level CII-CEO roundtable to discussinvestment and trade matters between India and Slovenia.Over 100 business to business meeting between theSlovenian delegation and top representatives of Indianindustry in Mumbai were facilitated.Vyalar Ravi, Union Minister for Overseas Indian Affairs & Civil and Aviation, India, with theCII business delegation in Trinidad & Tobago. Also seen: Malay Mishra, High Commissioner ofIndia, Trinidad & Tobago, and Ashook Ramsaran, Executive Chairman, GOPIO, (3rd and4th from left respectively)as well as presentations and factory visits by thevisiting Indian delegation. The event was organised64 | July 2011 Communiqué
Page 2 and 3: ContentsVolume 20 No. 7 July 201106
Page 5 and 6: cover storyR Gopalan, Secretary,Eco
Page 7 and 8: SpotlightIndia and the worldFocus:
Page 10 and 11: India and the worldChandrajit Baner
Page 12 and 13: looking for .’retributeConsulting
Page 14 and 15: tributeNow and into the FutureEli G
Page 16 and 17: tributeAttention Owners and CEOs!!
Page 18 and 19: analysisto which it will incur a re
Page 20 and 21: corporate indiam & a1st National M&
Page 22 and 23: m & aSector-wise M&A OutlookOil and
Page 24 and 25: msmesmanufacturingA 12 member MSMEd
Page 26 and 27: msmesConnecting Women Entrepreneurs
Page 28 and 29: agriculture & food processing indus
Page 30 and 31: media and entertainmentrather than
Page 32 and 33: towards excellencequalityDeveloping
Page 34 and 35: towards excellencesustainable devel
Page 36 and 37: leadershiptowards excellenceCII-Sur
Page 38 and 39: training and developmentHoning Proc
Page 40 and 41: BiotechnologyIndia Pavilion in BIO
Page 42 and 43: Affirmative ActionIndia’s growing
Page 44 and 45: yiGoaOn 12 June, Mr. Atul Jadhav, P
Page 46 and 47: eportChinese companies interested i
Page 50 and 51: eportby CII, the High Commission of
Page 52 and 53: eportnations showing the largest ab
Page 54 and 55: egionsManufacturing Competitiveness
Page 56 and 57: egionsEdu Summit 201129-30 June, Ch
Page 58 and 59: egionsthe state. She also asked CII
Page 60 and 61: egionsManufacturing & Processing’
Page 62 and 63: egionsWestGoaImproving Process15-16

CII Communique July 2011

Create successful ePaper yourself

Delete template?

Save as template?