fisme business bulletin july 2008
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FISME BUSINESS BULLETIN JULY 2008 ISSUETRANSCRIPT
FISMEFISMEFISME Business BulletinBusiness Bulletin
For Members : FreeFor Non Members : Rs. 50/- per issue
Vol XIV, Issue-3, July 2008
INSIDE
Federation of Indian Micro and Small & Medium Enterprises (FISME)
Telephone:+91 - 11 - 26187948, +91 - 11 - 26712064, +91 - 11 - 46023157, +91 - 11 - 46018592 Fax:+91 - 11 - 26109470 E-mail: [email protected] Website : www.fisme.org.in
B - 4/161 Safdarjung Enclave, New Delhi - 110029 INDIA
Trade Enquiries 8
Activity Round Up 2
News 4
Exhibition / Trade Fair / Events 11
9Important Business Contacts in Ireland
10New Members
2
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Delegates attending the workshop: (From left to right) Mr. Shardul Shroff
of Amarchand Mangaldas, Mr. M.R Umarji from Indian Banks' Association,
Mr. Dinesh Rai, Secretary, Ministry of MSME, Mr. R. Rewari, Deputy
Managing Director of SIDBI, Dr. Laveesh Bhandari of Indicus Analytics,
Prof. Bibek Debroy, Former Director, Rajiv Gandhi Institute
for Contemporary Studies at Rajiv Gandhi Foundation
3Activity Round Up
some of the top experts in the law and banking space. The
experts who addressed the participants included
Prof. Bibek Debroy, Former Director, Rajiv Gandhi Institute
for Contemporary Studies at Rajiv Gandhi Foundation,
Dr. Lavneesh Bhandari, Indicus Analytics; Mr. M.R Umarji
from Indian Banks' Association; and Mr. Shardul Shroff of
Amarchand Mangaldas.
Sharing the eye-opening results of the study on the issue,
conducted by Prof. Bibek Debroy and Dr. Laveesh
Bhandari, they said that post failure mechanism through
RBI guidelines for restructuring of sick industries was
dysfunctional. During the period when discussions were
held for restructuring, government departments routinely
took possession of assets and secured jail terms for small
entrepreneurs. According to them it was because there was
no BIFR type mechanism for restraining statutory creditors.
Mr. Shardul Shroff also recommended developing a new
bankruptcy code. Mr. Umarji from Indian Banks'
Association stressed that in order to provide speedy
justice, it was necessary that special bankruptcy and
insolvency courts should be developed.
There is an urgent need to reform the present judicial
system, its growth has not been in consonance with the
advancement in the banking sector, he added.
Modern Insolvency and Bankruptcy Laws Needed: FISME
The top legal and economic experts of the country have
recommended an urgent overhaul of the defunct
Insolvency mechanism in the country and called for
developing a new bankruptcy regime. Addressing a
workshop organized by FISME in association with SIDBI
recently, they strongly favoured putting an end to equating
economic failure with criminal offences and confinment of
entrepreneurs in jail.
While inaugurating the workshop, Mr. Dinesh Rai,
Secretary, Ministry of MSME acknowledged that
government was aware of the hardship experienced by
small entrepreneurs
That is why a specific provision was made in the MSMED
Act to initiate action in this regard, he said. He assured that
recommendations of the workshop would be taken up for
implementation.
Welcoming the delegates, President FISME, Mr. Mohan
Suresh, reiterated the importance of modern bankruptcy
and insolvency codes to make India an entrepreneurial
society but there was a need to sensitize policy makers
towards it.
Highlighting the need for reforms, Mr. R. Rewari, Deputy
Managing Director of SIDBI said that without modernizing
insolvency and bankruptcy regime the banking and
financial sector also would continue to suffer from locked
assets in prolonged litigations.
The workshop held in New Delhi, was well attended by
after the closure of their business.
Mr. Mohan Suresh, President FISME
FISME BUSINESS BULLETIN JULY-2008
With an aim to identify trade promotion activities for SMEs between India and El Salvador, an interaction meet was organized with the Ambassador of the Republic of El Salvador, H.E Patricia Figueroa Rodriguez and the Second Secretary Ms. Patricia Arguta on 29th July 2008 at FISME office. The main objective behind the meeting was to identify potential business areas and thereby to explore the possibility to organize trade delegation meets between the two countries.
The Ambassador stressed on the coffee, sugar and beverages sectors where El Salvador enjoys its potential. She added, Indian companies have good opportunity for exporting equipment and machinery for agricultural and construction to El Salvador.
The Ambassador of the Republic of El Salvador, H.E Patricia Figueroa Rodriguez being greeted by Mr. Anil Bhardwaj, Secretary General, FISME
In a meeting held at FISME office on 24th July 2008, the Ambassador of Mexico H.E. Rogelio Granguillhome highlighted the potential of both the countries in the SME sector. The Ambassador put emphasis on the following sectors like, Information Technology, Pharmaceuticals, Agro Industry and Auto components.
India and Mexico have bright future in the SMEsegment: Ambassador H.E. Rogelio Granguillhome
(From right to left): The Ambassador of Mexico H.E. Rogelio Granguillhome;Mr. Mukesh Kalra, Joint Secretary (International Trade), FISME;
Mr. Anil Bhardwaj, Secretary General, FISME; Mr. C.S Goel, Vice President, FISME
Year Indian Exports Indian Imports Total Trade
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
261.55
264.42
368.58
443.07
535.36
65.52
73.89
82.62
97.61
789.77
327.07
338.31
451.20
540.68
1,325.13
India exports to Mexico: Organic chemicals, Pharmaceutical products, articles of apparel and clothing, man made filaments and stable fibres etc.
Trade : India Vs Mexico (Value in US $ Million)
Source: Department of Commerce, Ministry of Commerce and Industry, Government of India
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News
Employees Provident Fund accounts as against the existing 20, barring cooperative institutions functioning without power, where the limit has been reduced from 50 to 20 employees.
This decision was approved at the first meeting of the newly constituted EPF Board. This is the first time in 48 years that the threshold limit has been changed.However, the SME sector is taking the decision with a pinch of salt. According to them, the decision would bring immediate extra burden to the tune of 24% of wage bill besides cost for
PF Act to cover firms with 10 employees
The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) has approved the reduction of threshold limit for establishments covered under the Employees Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952.
With this, establishments employing even 10 people will be covered under the Act and would have to contribute towards
4Activity Round UpFISME BUSINESS BULLETIN JULY-2008
The Ambassador of El Savador visits FISME office
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Fifth Meeting of National Board for Micro, Small
& Medium Enterprises held
Govt to pay EPF, ESI for physically challenged persons
News 5
maintaining the records. At this time when the sector is passing through a tough phase and cannot bear this burden, it will force many of the entrepreneurs to declare less workers and hence would be pushing more units in the realm of 'unorganized'.
In an unprecedented move the Government has decided to relax employers in the private sector to part away with their contribution to the Employees Provident Fund (EPF) and Employees State Insurance for the first three years.
However, the administrative charges of 1.1 per cent of the wages of the employees covered under the Employees Provident Fund & Miscellaneous Provisions (EPF&MP) Act will continue to be paid by the employer.
The scheme for providing employment to persons with disabilities in the private sectors, which has come into force and has been notified through The Gazette of India, will cover employees with monthly wage up to Rs 25,000 per month, and has been appointed from April 1st this year.
The scheme which will cost Rs. 1800 crore for the 11th five year plan and is estimated to create 1 lakh jobs in a year, will be applicable to employees covered under the Persons and Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 and the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999.
To support the scheme, the Ministry of Social Justice and Empowerment would be providing finance to the Employees' Provident Fund Organisation (EPFO) and Employees State Insurance Corporation, said in the EPFO circular.
However, in the state of Jammu and Kashmir, the employees would be registered under the J&K Employees Provident Fund and Miscellaneous Provisions Act, 1961.
In order to monitor the implementation of the scheme, a high level Committee Co-chaired by the Ministries of Labour and Employment & Social Justice and Empowerment will be constituted, said in the circular.
Discussions were held on the role of SIDBI and status of credit flow to micro and small enterprises, and many other similar issues in the fifth Meeting of the National Board for Micro, Small & Medium Enterprises (NBMSME) held in New Delhi on July 27.
In the meeting, Union Micro, Small & Medium Enterprises
Minister Shri Mahabir Prasad, discussed many issues related to the SME sector. In the deliberations, the role of SIDBI; status of credit flow to micro and small enterprises; securitisation and reconstruction of financial assets and enforcement of security interest act 2002; bank service charges; one-time settlement scheme and exemption from service tax to MSEs providing business auxiliary services, like many issues were elaborately discussed.
The meeting that showed attendance of Shri Dinesh Rai, Secretary, Ministry of Micro, Small & Medium Enterprises, Dr. Syeda Hameed, Member Planning Commission and Shri Jawhar Sircar, Addl. Secretary and Development Commissioner, has urged Small Industries Development Bank of India (SIDBI) to spread its network to meet the requirement of Micro, Small & Medium Enterprises of backward places.
In the deliberation, various State Ministers, representatives of MSME Associations and Trade Unions, from all over the country and senior officials of various ministries from the central as well as the state governments also participated.
Some MSME associations alleged that the banks were recovering loans from small borrowers by resorting to harsh means under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002. Sharing the concerns of the Members, the Minister said the Working Group on 'rehabilitation of sick SMEs' set up by the Reserve Bank of India under the chairmanship of CMD, Punjab National Bank also considered this issue under the Act. The Minister further stated that the Working Group in its report has made certain important recommendations, which is presently under the consideration of RBI.
Shri Prasad also informed that some representations were received from MSME Associations regarding One-time Settlement Scheme, which had been taken up with the Finance Ministry.
It was made clear in the meeting that SME Rating Agency of India Ltd. (SMERA), has entered into MoU with 22 banks and institutions to rate their MSME clients and has completed 1758 ratings by May 2008. SMERA has also completed risk profiling of nine MSME clusters. SIDBI offers an interest rate reduction of upto one per cent depending upon the ratings obtained from SMERA.
The Ministry of MSMEs is considering hiking the guarantee cover limit under CGTMSE scheme to enhance the coverage of the scheme.
The top officials of Ministry of MSME, Indian Banks' Associations and Credit Guarantee Trust for Micro and Small Enterprises met in Mumbai last week to discuss enhancing
Collateral Free Credit Cover for MSMEs May Go up Further
FISME BUSINESS BULLETIN JULY-2008
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Govt plans to set up business incubators for MSMEs
News 6
the coverage of CGTMSE scheme from the current level of Rs. 50 lac.
Under the Credit Guarantee Fund Scheme, which is managed by the government and Small Industries Development Bank of India (SIDBI) jointly, the small and medium enterprises (SME) sector is provided bank loan without any collateral up to Rs. 50 lac. Both the term loans and working capital loans are covered under the scheme.
Experts from Malaysia, South Korea and USA shared their experiences of running credit guarantee schemes in their respective countries.
To help spawn new ideas and technologies for the benefit of micro, small and medium enterprises (MSMEs), the concerned ministry is playing facilitator for setting up a host of incubating centres across the country.
The ministry has invited proposals from IITs, NITs, technical institutions and universities to facilitate the setting up of business incubators. The proposals have been invited from those ones which already have in-house R&D and laboratory facilities.
The move has been taken by the ministry as part of its initiative to set up 100 business incubators across the country for Rs 80 crore during the 11th Plan period.
The scheme provides early stage funding for establishing incubators for innovative products/process to improve efficiency of MSMEs and enhance their competitiveness. Educational institutions, which would be chosen as incubators, would get central grants to the tune of 85% of the innovation cost, up to a cap of Rs 8 lakh per idea.
All the targeted business incubators will be located within established R&D institutes. So far the mandate for each business incubator is to spawn 10 new ideas on process technology or product development or help setting up similar number of new units embracing innovative product lines.
Ideas/technologies, innovated in the process, are to be dovetailed later with other schemes aiming at technology upgradation of SMEs.
While start-up companies, willing to adopt the innovative ideas/technologies developed by identified incubators, have been assured by the government of all helps in their search for finance capital from venture capital funds or Angel funds.
Business incubation centres are to be developed to accelerate successful deployment of new ideas/technologies in the SME sector. Once a network of such centres will be developed, an array of business support and services are
expected to be available to units in the sector.
In a stern attempt to bring down inflation levels from 13-year highs, the Reserve Bank of India sharply raised its key interest rate, which is expected to trigger across-the-board hike in bank lending rates, including corporate, home and consumer loans.
In its quarterly review of monetary policy, the central bank marked up Repo — the rate at which the RBI lends funds to banks — by 50 basis points to 9 per cent, the highest in seven years, and the Cash Reserve Ratio by 25 basis points to 9 per cent.
The dose of the hike appears to be much higher than what the market was expecting, with bond prices and bank stocks falling sharply in the immediate aftermath of the announcement.
While the hike in repo will be with immediate effect, the increase in CRR, which is expected to suck out about Rs 9,000 crore from the system, will be effective from the fortnight beginning August 30, 2008.
This is the third hike in CRR as well as repo in the current fiscal.
With this hawkish measure, the RBI hopes to bring down inflation to 7 per cent by March 2009 from around 11-12 per cent at present.
The central bank also marked down its GDP growth target for the current fiscal to around 8 per cent from the range of 8-8.5 per cent stated in the Annual Monetary Policy Statement of April 2008.
The draft MSME development policy of the Orissa government has proposed the launch of an 'Orissa technology upgradation fund' with a corpus of Rs 50 crore, and will extend financial assistance to MSMEs for technology upgrade.
To encourage micro, small and medium enterprises (MSMEs) in the state to adopt modern cutting edge technology, the draft MSME development policy of the Orissa government has proposed the launch of an 'Orissa technology upgradation fund'. It will have a corpus of Rs 50 crore and will extend financial assistance to MSMEs for technology upgrade.
The policy seeks utilisation of the fund for subsidising the institutional credit availed by MSMEs for technology upgrade.
The draft policy states that MSMEs shall be eligible for the
FISME BUSINESS BULLETIN JULY-2008
RBI applies the squeeze
Orissa MSME policy for technological upgrade
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News 7
reimbursement of 50 per cent of the cost of the purchase of the technical know-how up to Rs 1 lakh in case of indigenous technology and up to Rs 5 lakh in case of imported technology. The benefits will be extended to the MSMEs according to the provisions of the Industrial Policy Resolution (IPR), 2007.
The state government will also try to promote adoption of Clean Development Mechanism (CDM) and related technology by MSME units.
It will subsidise consultancy services for adoption of CDM by the micro and the small units to the extent of 50 per cent of the charges or Rs 25,000 whichever is less. The detailed guidelines will be notified by the state government after the policy comes into force.
"Concerted efforts shall be made to increase awareness about the programmes and the schemes of the government of India meant for incentivising the adoption of higher technology by MSMEs. The progress of credit delivery under such schemes shall be closely monitored and corrective steps initiated wherever necessary," the draft points out.
As a measure to promote new entrepreneurs, technology and innovations the 'Orissa Venture Capital Fund' shall be launched with an initial corpus of Rs 10 crore.
The venture fund will provide financial assistance and services to new and innovative micro and small units. It will adopt a flexible approach for supporting investing companies and provide financial assistance in the form of equity and quasi-equity.
The state government will provide the initial budgetary support for this fund and other stakeholders such as commercial banks, financial institutions and industries will be roped in the process. Orissa State Financial Corporation, the government-owned lender, will announce the details of the scheme later.
Taking a note on the quarterly review of monetary policy, FISME feels the government has momentarily quick fix the monetary measures through central bank and has ended up stifling the economic growth.
The major cause of inflation in Indian context has been supply side constraints and ill-conceived government policies of controlled price mechanism for petroleum products, mismanagement of agriculture produce and inability to manage budget deficit. On SMEs, the higher interest rates create a triple whammy. Firstly, their cost of fund rises immediately because of their
sole reliance on bank finance, unlike large corporate who could raise money through several instruments of money market like shares, bonds, commercial papers, ECBs etc., and other financial instruments. It impacts both their profitability as well as their competitiveness vis-a-vis large companies.
Secondly, hiking of CRRs tightens the money supply and stifles their growth and expansion plans as raising money becomes more arduous.
Thirdly, because of the RBI's policy of increasing interest rates, the effective bank rates for home loan consumers have increased from 7.25% three years ago to 12% and for SMEs from 9% to 14% now. These conditions have adversely impacted the growth of sectors such as housing, automobile and white goods. SMEs have been piggyback riding on these growth sectors during last 3 years. The virtuous cycle of growth led by EMI has effectively blunted the growth of these sectors.
69 banks have voluntarily committed to specific time-frame for disposal of loan applications of micro and small enterprises said in a statement issued by the Banking Codes and Standards Board of India.
Banks have committed to clear SME loans for up to Rs 2 lakh in two weeks, and loan up to Rs 5 lakh within four weeks. The statement reads 69 banks have voluntarily committed to specific time-frame for disposal of loan applications of micro and small enterprises. These banks have also committed to make available, free of cost, simple standardised, easy-to-understand application form for loans together with a checklist of requirements.
Banks agree to time frame for SME loan disposal
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FISME BUSINESS BULLETIN JULY-2008
SMEs are on the receiving endin the recent interest hike: FISME
Trade Enquiries 8
M/s. Al Yousif Golden Factory P.O. Box 8636, Dammam 31492, Saudi Arabia.Telephone : +91-9663-8473650/567270000Fax : +91-9663-8473510E-mail : [email protected] : Mr. Mustafa Hussain Mahmoud, General ManagerAreas of interest : Machinery for Plastics
M/s. Metromot Trading & International AgenciesP.O. Box 437, Manama, Bahrain.Telephone : +91-17811414/39454654Fax : +91-17811484 E-mail : [email protected]
: [email protected] : Mr. Vimal Chand, Marketing ManagerAreas of interest : Industrial Chemicals, Electricals, Furniture, Tiles and
allied building materials
Mr. Ramanathan ChinnuPride Logistics ServicesLot 1275, Jalan Batu Bata, Off Jalan Bukit Kemuning,Sek.35, 42450 Shah Alam, Selangor.Telephone : 03 5122 5814 Fax : 03 7874 7585 / 5122 5814H/P : 012 2265765E-mail : [email protected] of interest : Food & Mineral Products
Mr. Hooi Yeow WoonTop Harvest EnterpriseNo.1441A, Jalan Besar, sweri kembangan 43300 SelangorTelephone : 03 8948 6278Fax : 03 8948 6278E-mail : [email protected] of interest : Coffee
Ms. Cindy Ng Wai LengTelephone: 03 2772 9840Fax: 03 2711 4110H/P: 016 3922 848E-mail : [email protected] : www.aeomalaysia.com.myAreas of interest : To Set Up Liaison Office in India
YB. Dato' A SufianGroup AdvisorEssem Corporation Sdn Bhd, Kuala LumpurTelephone : 03 41083371, H/P : 012 3836794E-mail : [email protected] of interest : Oil & Gas Services
M/s. KGT Co. W.L.L., Manama, Bahrain.Telephone : +91-17232799Fax : +91-17232796 E-mail : [email protected] : Mr. Anand V.C., Business Operation Manager
Areas of interest : Industrial Machineries and Tools, Material Handling Products - Hydraulic/Electrical/Pneumatic/Mechanical
Mr. Woon Boo LootE-2000 Products Sdn Bhd21 & 23, Jalan 3/57B,Off Jalan Segambut Bawah,51200 Segambut Kuala LumpurTelephone : 03 6252 9418 Fax : 03 6252 9417E-mail : [email protected] Website : www.e2000.com.myAreas of interest : Automobile meters
Dato' A SuffianGroup AdvisorEssem Corpn Sdn Bhd,Wisma Essem, 9156, Jalan Bandar 4,Taman Melawati 53100 Kuala Lumpur.Telephone : 03 4108 3371H/P : 012 3836794 E-mail : [email protected] of interest : Oil & Gas
Mr. Murunthan Damodaran879, Jalan RJ 1/21,Taman Rasah Jaya70300 SerembanNegeri Sembilan.Telephone : 03 06 631 8648 Fax : 06 631 8648H/P : 019 2097666 E-mail : [email protected] of interest : Dialysis Machine
Ms. H.C. LimRadysis Asia Sdn Bhd80B, Jalan Perai Jaya 4, Bandar Perai Jaya 13700 Perai, Penang.Telephone : 04 3999396. Fax : 04 3988396H/P : 012 4149002E-mail : [email protected] of interest : Importers of Metal
Mr. K.H. ChoudhuryRegional ManagerInternational Business DevelopmentExecutive Chairman's OfficeBangunan U2, 40150 Shah AlamEmail : [email protected] of interest : Business Development
FISME BUSINESS BULLETIN JULY-2008
Business Contacts
9Important Business Contacts in Ireland
Mr. John DunneChief ExecutiveChambers Ireland17 Merrion Square, Dublin 2IRELANDTelephone : +353 - 1 - 4004300Fax : +353 - 1 - 6612811E-mail : [email protected] : www.chambers.ie
Mr. Peter ByrneChief Executive South Dublin ChamberTallaght Business Centre,Whitestown Industrial Estate, Tallaght, Dublin 24IRELANDTelephone : +353 - 1 - 4622107Fax : +353 - 1 - 4599512E- mail : [email protected] : www.sdchamber.ie
Mr. Mark FieldingChief ExecutiveIrish Small And Medium Enterprises Association (ISME)17 Kildare StreetDublin 2IRELANDTelephone : +353 - 1 - 6622755Fax : +353 - 1 - 6612157Email : [email protected] : www.isme.ie
Mr. Michael CoyleChief ExecutiveGalway ChamberCommerce House, Merchants Road, GalwayIRELANDTelephone : +353 - 91 - 563536Fax : +353 - 91 - 561963E-mail : [email protected] : www.galwaychamber.com
Mr. John F WhelanChief ExecutiveIrish Exporters Association (IEA)28 Merrion Square,Dublin 2IRELANDTelephone : +353 - 1 - 6612182Fax : +353 - 1 - 6612315E-mail : [email protected] : www.irishexporters.ie
Ms. Gina QuinChief ExecutiveDublin Chamber of Commerce7 Clare Street,Dublin 2IRELANDTelephone : +353 - 1 - 6447200Fax : +353 - 1 - 6766043E-mail : [email protected] : www.dublinchamber.ie
Mr. Maurice HealyPresidentIrish Business And Employers Confederation (IBEC)Confederation House, 84-86 Lower Baggot Street, Dublin 2IRELANDTelephone : + 353 - 1 - 6051500Fax : + 353 - 1 - 6381500E-mail : [email protected] : www.ibec.ie
Mr. Conor HealyChief ExecutiveCork ChamberFitzgerald House, Summerhill North, CorkIRELANDTelephone : +353 - 21 - 4509044Fax : +353 - 21 - 4508568E-mail : [email protected] : www.corkchamber.ie
Ms. Kathryn RaleighInformation and Communications Technology (ICT)Confederation House84-86 Lower Baggot Street,Dublin 2IRELANDTelephone : +353 - 1 - 6051527Fax : +353 - 1 - 6381527E-mail : [email protected] : www.ictireland.ie
Ms. Linda Mc NultyIreland India Business Association (IIBA) SecretariatDublin Chamber of Commerce7 Clare Street,Dublin 2IRELANDTelephone : +353 - 1 - 6447226Fax : +353 - 1 - 6766043E-mail : [email protected] : www.iibaonline.com
FISME BUSINESS BULLETIN JULY-2008
Business Contacts
10New Members
Spice Logistics Private LimitedMr. Alok YadavPlot No.A-88/6, Road No.2, Mahipalpur Extn. NH-8,New Delhi - 110 037Telephone : +91-11-26781902 /26781351Fax : +91-11- 267813512E-Mail : [email protected]
Product/ Services : Custom House Agents, Freight Forwarders & Shipping Agents
Shewratan Company Private LimitedMr. Rajiv Bhartia14, Weston Street, Kolkata - 700 013Telephone : +91-033-22364199, 400644199 Fax : + 91-033-22364678E-mail : [email protected],
Product/ Services : Anti-Corrosive Products, Wire Ropes,
Oil Spill Products
Power Products InternationalMr. Rajesh Sachdeva14/70 Punjabi Bagh (West)New Delhi- 110 026Telephone : +91-11-27426010 (Mobile) : 9810071307 Fax : + 91-11-42385211E-mail : [email protected]
Product/ Services : Air Compressor Parts
Global Tower ServicesMr. Arvind KumarC-11, Shiv Durga Vihar, Lakkar Pur Extension Phase II, Suraj Kund, Faridabad 121009Telephone : 9810056751E-mail : [email protected]
Product/ Services : All Kinds of Tower Foundation & Erections
Udit ImpexMr. Sanjeev RohillaRZ-199, Dharampura, Kakrola Road, Najafgarh, New Delhi - 110043.Telephone : +91-0124-6453352-53E-mail : [email protected]
Product/Services : Ladies/Men's garments and leather shoes, Purse, Belt, Boot, Bag Etc
Global OverseasMr. Dev Suman GoyalManav Need, Manic Chowk,Near Post Office, Aligarh - 202001Telephone : +91-571- 2404222,2405470Fax : +91-571-2402530E-mail : [email protected] : www.globaloverseas.net
Product/ Services : Aluminium, Brass Builder's, Hardware, Artware, Handicraft & Sheet & Iron Mongry Hardware
Pareek Engineering Consultants Private Limited.Dr. N K PareekD-51/489, MIG Colony, Bandra (E), Mumbai - 51Telephone : +91-022 26421298E-mail : [email protected]
Product/ Services : Engineering Consultancy
G K Technochem Private LimitedMr. Om Prakash Gaur27-J, Jia Sarai, Near IIT,New Delhi - 110016Telephone : +91-11-26523327Fax : +91-11-26566588]E-mail : [email protected]
Product/ Services : Chemicals, nukote Coating, Boss Profile
Multi Commodity Exchange of India Ltd.Mr. Miten Mehta102 A, Landmark, Suren Road,Chakala, Andheri (East)Mumbai 400 093,Telephone : +91-22-66494000.Fax : +91-22-66494151E-mail : [email protected]
Product/ Services : Spices, Pulses,Oil & Seeds
Central Drug House Private LimitedMr. S. L. Aggarwal7/28, Vardaan House, Ansari Road, Darya Ganj, New Delhi - 110002Tel : +91-11-23272319 , 23268971 Fax : +91-11-23280932 E-mail : [email protected]
Product/ Services : Laboratory fine Chemicals
Punjab Gasket IndustriesMr. Tirath SinghM-24/1, 1 Floor, Street No.9,Anand Parbat Industrial Area, New Delhi - 110005Tel : +91-11-28764620Fax : +91-11-28764621E-mail : [email protected]
Product/ Services : Gaskets
GTC Foods Private LimitedMr. Sudhir Kumar AggarwalC-25, Model Town, Delhi - 110 009Telephone : +91-11-23963307,23985167Fax : +91-11-23919755E-mail : [email protected]
Product/ Services : Peas & Pulses, Oil Seeds, Spices.
Knitcraft Apparels International (P) Ltd.Mr. K K KhuranaA-81, Naraina Indl. Area Phase INew Delhi - 110 028Telephone : +91-11-45524926Fax : +91-11-25792283E-mail : [email protected]
Product/ Services : Ready-made Garments.
Kirpa ExportsMr. Pradeep Singh BhattiH-3/96, Vikas Puri,New Delhi - 110 018Tel : +91-9958093535E-mail : [email protected]
Product/ Services : Ladies Garments
Indian Small Scale Paint AssociationMr. D. Shivaram - President104, Shubham Center No.1B, Cardinal Gracias Road, Chakala, Andheri (E), Mumbai - 400 099Telephone : +91-22-2836 6359 Fax : +91-22-2832 6656E-mail : Website : http://www.isspa.org
FISME BUSINESS BULLETIN JULY-2008
FISME, CITA included in the Board of Trade
Event
Venue & Date Organiser Event Profile
1
S.No.
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4
2
5
Exhibition / Trade Fair / Events 11
The objective of this expo is to bring together under one roof, the manufacturers, traders and distributors in the Agricultural community, so that they can showcase the latest range of products and services to the small and medium farming community from all over the country.
AGRI TECH EXPO - 2008 is a perfect platform to educate farmers on the latest trends in agriculture both in terms of practice and technology and also it provides the awareness among the farming community on the natural resource such as land, water and also about the harmful effects of using chemical fertilizers in excess.
ILLAM-2008 is an exclusive exhibition at Tirunelveli. It's a Second Biggest Exhibition, designed to meet the customer needs for Properties and Home Appliances.
Tirunelveli is one of the fastest developing city in southern region of Tamilnadu. Most of the big IT Companies are targeted here to setup their corporate offices. Hence the expected growth for all businesses are very high in near future.
India Internat ional Recycle & Waste Management & Conference (IIRWM) is the need-of-hour platform to showcase new technologies & products, meet the neediest buyers to establish effective business network.
It will focus comprehensively on recycle & waste management which shall include solid & liquid waste collection, disposal and management, hazardous & toxic waste management, reduce-reuse-recycle solutions and incineration.
Introductions Trade Shows116, Morya Estate, New Link Road, Andheri (W),Mumbai - 400 053IndiaTelephone: +(91)-(22)26733511/26733512/66950059/66950060Fax: +(91)-(22)-6695 0061
Canndid 2/8, Rajarathnam Street, 2nd Floor near A.G. Hospital, Tambaram (West),Chennai - 600 001, IndiaTelephone: +(91)-9841061354
GIFTS India will be by far & away India's Largest Trade Show on Corporate & Personal Gifts & Premiums now in its 13th year.
It is also the seasons rightly placed & undoubtedly the most popular show year after year. For all related manufacturers and dealers, 'GIFTS India' is the number one marketing vehicle for business in Indian & International Markets.
Exhibitions India Private Limited Delhi217-B (2nd Floor) Okhla Industrial Estate - Phase III,New Delhi - 110 020, India.Telephone: +(91)-(11)-42795054/42795000Fax: +(91)-(11)-5279 5098 / 5279 5099
Renewable Energy India Expo is the melting pot for global technologies. It is a platform to provide value for the domestic industry and showcase opportunities in the Indian market for global players.
It is a forum to nurture business contacts, imbibe the latest technology trends, cultivate business relations and prepare for the exponential growth of renewables in India. The Indian scientific community is mandated to accord the highest priority to exploring and harnessing the tremendous potential of renewable and clean resources of energy. India is implementing a large programme for the deployment of renewable energy products and systems, and is the only country in the world to have a dedicated Ministry for New and Renewable Energy (MNRE).
AGRI TECH EXPO- 2008
ILLAM - 2008
India International Recycle & Waste Management & Conference (IIRWM)
GIFTS India 2008
Renewable Energy India Expo
15-17 August 2008Sri Subhalakshmi Mahal PondicherryIndia
15-17 August 2008Century Hall, lamkottaiTirunelveli,Tamil NaduIndia
16-18 August 2008Pragati MaidanNew Delhi,DelhiIndia
20-23 August 2008Nehru Centre, Mumbai, MaharashtraIndia
21-23 August 2008Pragati MaidanNew DelhiIndia
India Recycle & Waste Management Co. (IRWM & Co.)27M/1, Zamrudpur,New DelhiIndiaTelephone: +(91)-(11)-29231868/65637641Fax: +(91)-(11)-29235871
Hope Ads & Events123D, II Main Road, Sabari Nagar, Chennai, IndiaTelephone: +(91)-(44)-9941046948
FISME BUSINESS BULLETIN JULY-2008
Designed & Printed by : [email protected] 9810229588
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Contact:R.K Rishikesh Sinha, Joint Secretary (Publications)
Federation of Indian Micro and Small & Medium Enterprises (FISME)
Telephone:+91 - 11 - 26187948, +91 - 11 - 26712064, +91 - 11 - 46023157, +91 - 11 - 46018592 Fax:+91 - 11 - 26109470 E-mail: [email protected] Website : www.fisme.org.in
B - 4/161 Safdarjung Enclave, New Delhi - 110029 INDIA
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(Very near to the New Delhi International Airport)
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