fkcci sept 2012
TRANSCRIPT
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SEPTEMBER 2012Estd 1916FKCCI JOURNAL
MYSORE
COMMERCE
ordfEacute AumlEcirccedilAgraveAEliggAgrave AumlordfAacutetAcircdaring
Business magazine from Federation of Karnataka Chambers of Commerce amp Industry Banglume XXXIII SEPTEMBER 2012 Issue 9
Infrastructure - Brsquolorersquos
Nuts amp Bolts
A S p e c
i a l I s s u e
O n
B a n g a l o r
e I n f r a s
t r u c t u
r e
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In this issue
Presidentrsquos Desk 5
Bangalorersquos Nuts amp Bolts 7
FKCCI work 13
Photo Feature 20
FKCCI Sub-Committees 2012-13 23
Economic Review - August 2012 24
Karnataka Business News 26
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgraveAuml MAzAgrave Auml aAvAgravepoundEacute
28
Upcoming Business Events 31
Notifcation 34
Membership 35
Business magazine from Federation of Karnataka Chambers of Commerce amp Industry Bangalore
Federation HouseKG Road Bangalore - 560 009 Karnataka
Phone 080 - 22262355 6 22262157
Fax 080 - 22251826
e-mail presidentfkcciin
Website wwwfkcciorg
Federation of Karnataka Chambers
of Commerce amp Industry
President
K Shiva Shanmugam
Sr Vice-President
R Shivakumar
Vice-PresidentS Sampathraman
Imm Past President
JR Bangera
Secretary amp SG in Charge
S Rajashekar
Secretary
M Lokaraj
Joint Secretary
Lillu Aswathiah
Deputy Secretaries
CR RameshShama Prasad Pattaje
Poornima KK
Soumi Kar Bhattacharyya
Rajashekar S Anadinni
Asst Secretaries
KS Satish
Umesh Madivala
Printed at
OMKAR OFFSET PRINTERS
No33 1st Main Road
New Tharagupet Bangalore - 560 002
Telefax 080 - 26709026 26708186
e-mail omkaroffsetgmailcom
Website wwwomkaroffsetcom
Articles in English and Kannada not exceeding 2000 words maybe mailed to President FKCCI at presidentfkcciin latest by 20thof every month Kindly note that only soft copies will be acceptedAny article received after this date will not be considered forpublication
Please note that the views expressed in the Articles are of theAuthors and not of the organizations they represent
Every possible care has been taken to ensure the accuracy ofinformation however FKCCI its team and service providers donot take responsibility for any commission of errors We welcomesuch errors to be brought to our notice for correcting the records
Powered by
Corporate Comm India
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Mobile +91-9591100992
Volume XXXIII SEPTEMBER 2012 Issue 9
FKCCIMembership
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From the Presidentrsquos Desk
K Shiva Shanmugam
President
The irony is not lost that
the State Government is to
be credited to a certain ex-tent for both the good and
the bad about Bangalorersquos
infrastructure Civic infra-
structure development and
maintenance has to have
the participation of both the
Government and Citizens
Today almost all activism
is focused on attacking the
government and its institu-
tions It is not enough if the
Government builds fyovers
and a section of the citizens
throw garbage under it and
not in designated waste
bins The infrastructure
challenge is therefore ad-
dressed to both sides of the
coin responsible for running
the City
Bangalore Infra The Good amp The Bad
Dear Members
With all the ak that the Karnataka Government is receiving for Bangalorersquos infrastructure
mismanagement it comes as a surprise that the City stands in the 16th place out of the
Top 20 cities across the world in receiving investments The Governmentrsquos role in this
is substantial The growing inux of people into Bangalore due to its economic boom
primarily in sectors such as information technology and biotechnology has upped
the need for added infrastructure which Karnatakarsquos Chief Minister Jagadish Shettar
describes as a ldquoChallenge for the State Governmentrdquo Bangalorersquos biggest challenges
are monsoon oods and garbage clearance In the past few days Bangalore has
seen this yearrsquos heaviest rains which has exacerbated the gross mismanagement
of garbage across the city by the civic agencies leading to worries of a disastrous
outbreak of leptospirosis (rat fever) in the City The piles of garbage strewn across the
city due to the lack of a landll to transport it to were seen oating in the oods caused
by the rainfall which is the perfect recipe for epidemic diseases to spread
The negative press got a recourse when former Karnataka Chief Minister Sri DV
Sadananda Gowda while presenting the Budget for 2012-13 said that the BBMP will
get a support of Rs1000 crore for nancing major projects including road parking
and solid waste management infrastructure during 2012-13With parking being oneof the biggest problems a commuter faces the Government has also announced that
eight parking complexes will be constructed at a cost of Rs200 crore The Metro Rail
project will also receive Rs500 crore funding and within the next nine months opening
of another 104 KM is planned
Frequent trafc snarls due to the narrow and choked road network are proving to be
a growth bottleneck adding to increased costs of goods and services in Karnatakarsquos
capital The transportation infrastructure in Bangalore is dismal as buses and trains are
over-crowded and sorely lack comfort and convenience for commuters according to a
study paper lsquoUrbanising India and Mega Metro Network Vision for the Emerging Cities
of India 2030rsquo Thus it has urged the Karnataka Government to expedite its Rs12000-
crore metro rail project To ease the burden off the citizens the BDA has made a
blueprint towards the improvement of the outer ring road for seamless connectivity
and construction of elevated roads
There are lofty claims on paper that a whopping Rs5500 crore is going to be utilized
in the ensuing scal (2012-13) for addressing the infrastructure woes of Bangaloremdash
Indiarsquos Technopolismdashin the Karnataka Governmentrsquos Revised Master Plan 2015 That
is certainly music to the ears for a cityrsquos slow developmental travails over the years It
is about time for action
Thank you
K Shiva Shanmugam
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Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
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8
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of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
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a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
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It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
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Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
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FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
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Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
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Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
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Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
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JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
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Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
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2
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3
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In this issue
Presidentrsquos Desk 5
Bangalorersquos Nuts amp Bolts 7
FKCCI work 13
Photo Feature 20
FKCCI Sub-Committees 2012-13 23
Economic Review - August 2012 24
Karnataka Business News 26
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgraveAuml MAzAgrave Auml aAvAgravepoundEacute
28
Upcoming Business Events 31
Notifcation 34
Membership 35
Business magazine from Federation of Karnataka Chambers of Commerce amp Industry Bangalore
Federation HouseKG Road Bangalore - 560 009 Karnataka
Phone 080 - 22262355 6 22262157
Fax 080 - 22251826
e-mail presidentfkcciin
Website wwwfkcciorg
Federation of Karnataka Chambers
of Commerce amp Industry
President
K Shiva Shanmugam
Sr Vice-President
R Shivakumar
Vice-PresidentS Sampathraman
Imm Past President
JR Bangera
Secretary amp SG in Charge
S Rajashekar
Secretary
M Lokaraj
Joint Secretary
Lillu Aswathiah
Deputy Secretaries
CR RameshShama Prasad Pattaje
Poornima KK
Soumi Kar Bhattacharyya
Rajashekar S Anadinni
Asst Secretaries
KS Satish
Umesh Madivala
Printed at
OMKAR OFFSET PRINTERS
No33 1st Main Road
New Tharagupet Bangalore - 560 002
Telefax 080 - 26709026 26708186
e-mail omkaroffsetgmailcom
Website wwwomkaroffsetcom
Articles in English and Kannada not exceeding 2000 words maybe mailed to President FKCCI at presidentfkcciin latest by 20thof every month Kindly note that only soft copies will be acceptedAny article received after this date will not be considered forpublication
Please note that the views expressed in the Articles are of theAuthors and not of the organizations they represent
Every possible care has been taken to ensure the accuracy ofinformation however FKCCI its team and service providers donot take responsibility for any commission of errors We welcomesuch errors to be brought to our notice for correcting the records
Powered by
Corporate Comm India
Website wwwcorpcommin
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Mobile +91-9591100992
Volume XXXIII SEPTEMBER 2012 Issue 9
FKCCIMembership
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5
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From the Presidentrsquos Desk
K Shiva Shanmugam
President
The irony is not lost that
the State Government is to
be credited to a certain ex-tent for both the good and
the bad about Bangalorersquos
infrastructure Civic infra-
structure development and
maintenance has to have
the participation of both the
Government and Citizens
Today almost all activism
is focused on attacking the
government and its institu-
tions It is not enough if the
Government builds fyovers
and a section of the citizens
throw garbage under it and
not in designated waste
bins The infrastructure
challenge is therefore ad-
dressed to both sides of the
coin responsible for running
the City
Bangalore Infra The Good amp The Bad
Dear Members
With all the ak that the Karnataka Government is receiving for Bangalorersquos infrastructure
mismanagement it comes as a surprise that the City stands in the 16th place out of the
Top 20 cities across the world in receiving investments The Governmentrsquos role in this
is substantial The growing inux of people into Bangalore due to its economic boom
primarily in sectors such as information technology and biotechnology has upped
the need for added infrastructure which Karnatakarsquos Chief Minister Jagadish Shettar
describes as a ldquoChallenge for the State Governmentrdquo Bangalorersquos biggest challenges
are monsoon oods and garbage clearance In the past few days Bangalore has
seen this yearrsquos heaviest rains which has exacerbated the gross mismanagement
of garbage across the city by the civic agencies leading to worries of a disastrous
outbreak of leptospirosis (rat fever) in the City The piles of garbage strewn across the
city due to the lack of a landll to transport it to were seen oating in the oods caused
by the rainfall which is the perfect recipe for epidemic diseases to spread
The negative press got a recourse when former Karnataka Chief Minister Sri DV
Sadananda Gowda while presenting the Budget for 2012-13 said that the BBMP will
get a support of Rs1000 crore for nancing major projects including road parking
and solid waste management infrastructure during 2012-13With parking being oneof the biggest problems a commuter faces the Government has also announced that
eight parking complexes will be constructed at a cost of Rs200 crore The Metro Rail
project will also receive Rs500 crore funding and within the next nine months opening
of another 104 KM is planned
Frequent trafc snarls due to the narrow and choked road network are proving to be
a growth bottleneck adding to increased costs of goods and services in Karnatakarsquos
capital The transportation infrastructure in Bangalore is dismal as buses and trains are
over-crowded and sorely lack comfort and convenience for commuters according to a
study paper lsquoUrbanising India and Mega Metro Network Vision for the Emerging Cities
of India 2030rsquo Thus it has urged the Karnataka Government to expedite its Rs12000-
crore metro rail project To ease the burden off the citizens the BDA has made a
blueprint towards the improvement of the outer ring road for seamless connectivity
and construction of elevated roads
There are lofty claims on paper that a whopping Rs5500 crore is going to be utilized
in the ensuing scal (2012-13) for addressing the infrastructure woes of Bangaloremdash
Indiarsquos Technopolismdashin the Karnataka Governmentrsquos Revised Master Plan 2015 That
is certainly music to the ears for a cityrsquos slow developmental travails over the years It
is about time for action
Thank you
K Shiva Shanmugam
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6
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7
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Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
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a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
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Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
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JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
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Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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3
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In this issue
Presidentrsquos Desk 5
Bangalorersquos Nuts amp Bolts 7
FKCCI work 13
Photo Feature 20
FKCCI Sub-Committees 2012-13 23
Economic Review - August 2012 24
Karnataka Business News 26
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgraveAuml MAzAgrave Auml aAvAgravepoundEacute
28
Upcoming Business Events 31
Notifcation 34
Membership 35
Business magazine from Federation of Karnataka Chambers of Commerce amp Industry Bangalore
Federation HouseKG Road Bangalore - 560 009 Karnataka
Phone 080 - 22262355 6 22262157
Fax 080 - 22251826
e-mail presidentfkcciin
Website wwwfkcciorg
Federation of Karnataka Chambers
of Commerce amp Industry
President
K Shiva Shanmugam
Sr Vice-President
R Shivakumar
Vice-PresidentS Sampathraman
Imm Past President
JR Bangera
Secretary amp SG in Charge
S Rajashekar
Secretary
M Lokaraj
Joint Secretary
Lillu Aswathiah
Deputy Secretaries
CR RameshShama Prasad Pattaje
Poornima KK
Soumi Kar Bhattacharyya
Rajashekar S Anadinni
Asst Secretaries
KS Satish
Umesh Madivala
Printed at
OMKAR OFFSET PRINTERS
No33 1st Main Road
New Tharagupet Bangalore - 560 002
Telefax 080 - 26709026 26708186
e-mail omkaroffsetgmailcom
Website wwwomkaroffsetcom
Articles in English and Kannada not exceeding 2000 words maybe mailed to President FKCCI at presidentfkcciin latest by 20thof every month Kindly note that only soft copies will be acceptedAny article received after this date will not be considered forpublication
Please note that the views expressed in the Articles are of theAuthors and not of the organizations they represent
Every possible care has been taken to ensure the accuracy ofinformation however FKCCI its team and service providers donot take responsibility for any commission of errors We welcomesuch errors to be brought to our notice for correcting the records
Powered by
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Mobile +91-9591100992
Volume XXXIII SEPTEMBER 2012 Issue 9
FKCCIMembership
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4
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5
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From the Presidentrsquos Desk
K Shiva Shanmugam
President
The irony is not lost that
the State Government is to
be credited to a certain ex-tent for both the good and
the bad about Bangalorersquos
infrastructure Civic infra-
structure development and
maintenance has to have
the participation of both the
Government and Citizens
Today almost all activism
is focused on attacking the
government and its institu-
tions It is not enough if the
Government builds fyovers
and a section of the citizens
throw garbage under it and
not in designated waste
bins The infrastructure
challenge is therefore ad-
dressed to both sides of the
coin responsible for running
the City
Bangalore Infra The Good amp The Bad
Dear Members
With all the ak that the Karnataka Government is receiving for Bangalorersquos infrastructure
mismanagement it comes as a surprise that the City stands in the 16th place out of the
Top 20 cities across the world in receiving investments The Governmentrsquos role in this
is substantial The growing inux of people into Bangalore due to its economic boom
primarily in sectors such as information technology and biotechnology has upped
the need for added infrastructure which Karnatakarsquos Chief Minister Jagadish Shettar
describes as a ldquoChallenge for the State Governmentrdquo Bangalorersquos biggest challenges
are monsoon oods and garbage clearance In the past few days Bangalore has
seen this yearrsquos heaviest rains which has exacerbated the gross mismanagement
of garbage across the city by the civic agencies leading to worries of a disastrous
outbreak of leptospirosis (rat fever) in the City The piles of garbage strewn across the
city due to the lack of a landll to transport it to were seen oating in the oods caused
by the rainfall which is the perfect recipe for epidemic diseases to spread
The negative press got a recourse when former Karnataka Chief Minister Sri DV
Sadananda Gowda while presenting the Budget for 2012-13 said that the BBMP will
get a support of Rs1000 crore for nancing major projects including road parking
and solid waste management infrastructure during 2012-13With parking being oneof the biggest problems a commuter faces the Government has also announced that
eight parking complexes will be constructed at a cost of Rs200 crore The Metro Rail
project will also receive Rs500 crore funding and within the next nine months opening
of another 104 KM is planned
Frequent trafc snarls due to the narrow and choked road network are proving to be
a growth bottleneck adding to increased costs of goods and services in Karnatakarsquos
capital The transportation infrastructure in Bangalore is dismal as buses and trains are
over-crowded and sorely lack comfort and convenience for commuters according to a
study paper lsquoUrbanising India and Mega Metro Network Vision for the Emerging Cities
of India 2030rsquo Thus it has urged the Karnataka Government to expedite its Rs12000-
crore metro rail project To ease the burden off the citizens the BDA has made a
blueprint towards the improvement of the outer ring road for seamless connectivity
and construction of elevated roads
There are lofty claims on paper that a whopping Rs5500 crore is going to be utilized
in the ensuing scal (2012-13) for addressing the infrastructure woes of Bangaloremdash
Indiarsquos Technopolismdashin the Karnataka Governmentrsquos Revised Master Plan 2015 That
is certainly music to the ears for a cityrsquos slow developmental travails over the years It
is about time for action
Thank you
K Shiva Shanmugam
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6
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7
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Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2640
26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2840
28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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4
Estd 1916
7232019 Fkcci Sept 2012
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5
Estd 1916
From the Presidentrsquos Desk
K Shiva Shanmugam
President
The irony is not lost that
the State Government is to
be credited to a certain ex-tent for both the good and
the bad about Bangalorersquos
infrastructure Civic infra-
structure development and
maintenance has to have
the participation of both the
Government and Citizens
Today almost all activism
is focused on attacking the
government and its institu-
tions It is not enough if the
Government builds fyovers
and a section of the citizens
throw garbage under it and
not in designated waste
bins The infrastructure
challenge is therefore ad-
dressed to both sides of the
coin responsible for running
the City
Bangalore Infra The Good amp The Bad
Dear Members
With all the ak that the Karnataka Government is receiving for Bangalorersquos infrastructure
mismanagement it comes as a surprise that the City stands in the 16th place out of the
Top 20 cities across the world in receiving investments The Governmentrsquos role in this
is substantial The growing inux of people into Bangalore due to its economic boom
primarily in sectors such as information technology and biotechnology has upped
the need for added infrastructure which Karnatakarsquos Chief Minister Jagadish Shettar
describes as a ldquoChallenge for the State Governmentrdquo Bangalorersquos biggest challenges
are monsoon oods and garbage clearance In the past few days Bangalore has
seen this yearrsquos heaviest rains which has exacerbated the gross mismanagement
of garbage across the city by the civic agencies leading to worries of a disastrous
outbreak of leptospirosis (rat fever) in the City The piles of garbage strewn across the
city due to the lack of a landll to transport it to were seen oating in the oods caused
by the rainfall which is the perfect recipe for epidemic diseases to spread
The negative press got a recourse when former Karnataka Chief Minister Sri DV
Sadananda Gowda while presenting the Budget for 2012-13 said that the BBMP will
get a support of Rs1000 crore for nancing major projects including road parking
and solid waste management infrastructure during 2012-13With parking being oneof the biggest problems a commuter faces the Government has also announced that
eight parking complexes will be constructed at a cost of Rs200 crore The Metro Rail
project will also receive Rs500 crore funding and within the next nine months opening
of another 104 KM is planned
Frequent trafc snarls due to the narrow and choked road network are proving to be
a growth bottleneck adding to increased costs of goods and services in Karnatakarsquos
capital The transportation infrastructure in Bangalore is dismal as buses and trains are
over-crowded and sorely lack comfort and convenience for commuters according to a
study paper lsquoUrbanising India and Mega Metro Network Vision for the Emerging Cities
of India 2030rsquo Thus it has urged the Karnataka Government to expedite its Rs12000-
crore metro rail project To ease the burden off the citizens the BDA has made a
blueprint towards the improvement of the outer ring road for seamless connectivity
and construction of elevated roads
There are lofty claims on paper that a whopping Rs5500 crore is going to be utilized
in the ensuing scal (2012-13) for addressing the infrastructure woes of Bangaloremdash
Indiarsquos Technopolismdashin the Karnataka Governmentrsquos Revised Master Plan 2015 That
is certainly music to the ears for a cityrsquos slow developmental travails over the years It
is about time for action
Thank you
K Shiva Shanmugam
7232019 Fkcci Sept 2012
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6
Estd 1916
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7
Estd 1916
Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
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Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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5
Estd 1916
From the Presidentrsquos Desk
K Shiva Shanmugam
President
The irony is not lost that
the State Government is to
be credited to a certain ex-tent for both the good and
the bad about Bangalorersquos
infrastructure Civic infra-
structure development and
maintenance has to have
the participation of both the
Government and Citizens
Today almost all activism
is focused on attacking the
government and its institu-
tions It is not enough if the
Government builds fyovers
and a section of the citizens
throw garbage under it and
not in designated waste
bins The infrastructure
challenge is therefore ad-
dressed to both sides of the
coin responsible for running
the City
Bangalore Infra The Good amp The Bad
Dear Members
With all the ak that the Karnataka Government is receiving for Bangalorersquos infrastructure
mismanagement it comes as a surprise that the City stands in the 16th place out of the
Top 20 cities across the world in receiving investments The Governmentrsquos role in this
is substantial The growing inux of people into Bangalore due to its economic boom
primarily in sectors such as information technology and biotechnology has upped
the need for added infrastructure which Karnatakarsquos Chief Minister Jagadish Shettar
describes as a ldquoChallenge for the State Governmentrdquo Bangalorersquos biggest challenges
are monsoon oods and garbage clearance In the past few days Bangalore has
seen this yearrsquos heaviest rains which has exacerbated the gross mismanagement
of garbage across the city by the civic agencies leading to worries of a disastrous
outbreak of leptospirosis (rat fever) in the City The piles of garbage strewn across the
city due to the lack of a landll to transport it to were seen oating in the oods caused
by the rainfall which is the perfect recipe for epidemic diseases to spread
The negative press got a recourse when former Karnataka Chief Minister Sri DV
Sadananda Gowda while presenting the Budget for 2012-13 said that the BBMP will
get a support of Rs1000 crore for nancing major projects including road parking
and solid waste management infrastructure during 2012-13With parking being oneof the biggest problems a commuter faces the Government has also announced that
eight parking complexes will be constructed at a cost of Rs200 crore The Metro Rail
project will also receive Rs500 crore funding and within the next nine months opening
of another 104 KM is planned
Frequent trafc snarls due to the narrow and choked road network are proving to be
a growth bottleneck adding to increased costs of goods and services in Karnatakarsquos
capital The transportation infrastructure in Bangalore is dismal as buses and trains are
over-crowded and sorely lack comfort and convenience for commuters according to a
study paper lsquoUrbanising India and Mega Metro Network Vision for the Emerging Cities
of India 2030rsquo Thus it has urged the Karnataka Government to expedite its Rs12000-
crore metro rail project To ease the burden off the citizens the BDA has made a
blueprint towards the improvement of the outer ring road for seamless connectivity
and construction of elevated roads
There are lofty claims on paper that a whopping Rs5500 crore is going to be utilized
in the ensuing scal (2012-13) for addressing the infrastructure woes of Bangaloremdash
Indiarsquos Technopolismdashin the Karnataka Governmentrsquos Revised Master Plan 2015 That
is certainly music to the ears for a cityrsquos slow developmental travails over the years It
is about time for action
Thank you
K Shiva Shanmugam
7232019 Fkcci Sept 2012
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6
Estd 1916
7232019 Fkcci Sept 2012
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7
Estd 1916
Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
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Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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6
Estd 1916
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7
Estd 1916
Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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12
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Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
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Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
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Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
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Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
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JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
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Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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7
Estd 1916
Bangalorersquos Nuts amp Bolts- K AltafManaging Editor The SME Timescom
wwwthesmetimescom
angalore is oneof Asiarsquos fastest
growing cities andalso one of the
most sought after cities inIndia to live and visit due to
its salubrious climate boomingeconomy work opportunities
galore good educationalinstitutes and many tourist
sights For a long time after
Indiarsquos independence in 1947Bangalore was a B-1 status
city and was not consideredto be one of Indiarsquos four major
metropolitan cities SuccessiveState Governments over the
years have been trying to getthe lsquoMetropolitan Cityrsquo status
for Bangalore In simple terms
Metropolitan city can be definedas a lsquomega city of influence
with a huge populationrsquo WhenBangalore gets this status it will
be eligible for more funds fromthe centre which will help in
the development of Bangalorersquosinfrastructure
Bangalore stands in the 16th place out of the Top 20 cities across the world in
receiving investments The Karnataka Government proposes to spend a whopping
Rs5500 crore in the ensuing scal (2012-13) for addressing the infrastructure
woes of Indiarsquos tech hub including its poor public transport and trafc snarls on its
thoroughfares Its civic bodies will also be allotted Rs1000 crore for funding major
infrastructure projects including road widening parking and other amenities Theurban form and sprawl of the city as envisaged by city planners is expected to grow
by a huge proportion in the coming years
The Growing Years
Bangalore grew and grew over the years which increased itsappetite for organized civic amenities This led to the rapid
growth of civic bodies in the city For instance the KarnatakaElectricity Board (KEB) was formed in 1957 KEB was
performing well until losses in revenues through the mid-1980s
and 1990s prompted the Karnataka Legislature to pass the
Karnataka Electricity Reforms Act in 1999 which corporatizedthe KEB into the Karnataka Power Transmission Corporation
Limited (KPTCL) The distribution of the Bangalore division
was vested with the Bangalore Electricity Supply CompanyLimited (BESCOM) which caters to 21 million customers in the
Bangalore metropolitan area To cater to the electricity needs
B
The superstructure of Hebbal Flyover of BDA has bagged the first
award at the 9th lsquoOutstanding Bridge National Awards Competitionrsquo
instituted by Indian Institution of Bridge Engineers
Cover Story
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
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Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
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Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
PEacuteregcedilAgrave ordfAgraveiAacuterzAacuteUAgrave yenAgrave aeligwAiEacute AEligAzAgrave Auml PAacuteAiAgrave AumlethPEacute eumlAtildevAgrave aeligordfAgrave Aring poundAgraveordfAgrave AumlaumlzEacuteAtildeplusmnAgravezAgrave lsquoCpoundEacuteAtildePAgravevEacute AiAgrave Aumldegegrave KPAgravevEacutersquo JAsect zs Eacute aringAtildeAiAgrave AumlordfAacutePAgrave aringordfAgravepoundAgrave AumlszligPAacuteAiAgrave AumlethgAgrave AEligyenAgravePEacute Igrave vAgravegAgrave AumlordfAgrave WAgrave lPAgraveUAgravefrac14AacuteV yenAgravejordfAgravevAgraveethpoundEacute ordmEacute AEligAzAgraveAumlordfAgrave AringzAgraveAuml gAacuteparaOumlccedilAtildeAiAgrave Auml LPAgrave aringvEacuteAiAgrave Auml zAgrave EgraveparatimesnotAumlAzAgrave cedilAacuteeacuteUAgravevAacuteordmAgraveeth laquoμ AgraveAiAgrave Auml EzAgravePEacute Igrave laquogAgrave AumlzAgrave THORNordfAacuteV ordfAgraveregcedilEacute
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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8
Estd 1916
of a growing population BESCOM has sought to commission11 additional 6611 KV substations Over 4000 distribution
transformer centres were added One recent survey indicated
that 94 per cent of citizens were satisfied with BESCOMrsquosperformance Well as critical as electricity is to a modern city
is the availability of piped water Thus to address this need theBangalore Water Supply and Sewerage Board (BWSSB) was
constituted in 1968 to supply water to the city and to provide forthe disposal of sewage
In 1976 the City Improvement Trust Board formed the BangaloreDevelopment Authority (BDA) whose objective was to ensure
proper planning and development of the metropolitan areaBangalorersquos city layout can be divided into three segments based
on their collective growth namely MarketsmdashKR MarketMalleshwaram Magadi Road Ulsoor and others Commercial
CentresmdashGandhi Bazaar MG Road Brigade Road CommercialStreet among others Industrial LayoutsmdashElectronics City
Bharat Electronics Limited layout and HAL Layout
Later the State Government realized that it could not solelyfinance the up gradation of Bangalorersquos infrastructure
requirements Given the constraints on financial resourcesavailable with Government there has been an increasing focus
on attracting private sector participation in the development ofinfrastructure projects In order to create an efficient way of
sharing risk joint financing and achieving balanced partnershipbetween private operators and public authorities termed
as Public - Private Partnership (PPP) the Infrastructure
Development Department (IDD) was formed in 1996 It alsoplays a significant role in the developing of air rail and maritime
connectivity for KarnatakaTo cater exclusively to the Cityrsquos burgeoning transport needs
the Bangalore Metropolitan Transport Corporation (BMTC)was hived off from its parent company the Karnataka State
Road Transport Corporation (KSRTC) through private sectorinvestment and made a profit of Rs 267 million in 2001-2002
The Bangalore Agenda Task Force (BATF) a private-public
partnership enterprise was established during the S M Krishnaadministration to coordinate civic improvement and development
activities with the BDA and Bangalore Mahanagara Palike(BMP)
With growth comes the pitfalls too In the earlier part of thelast decade Bangalorersquos infrastructural woes had met with
protests by students and IT workers in the city In July 2004
Wipro Technologiesrsquo CEO Azim Premji threatened to pull hiscompany out of the City unless there was a drastic improvement
in infrastructure over the next few years Calling upon the
government to focus on large areas for execution he had thenvoiced that various projects held up for whatever reasons were
required to be put on stream and accelerated ldquoIt is the keyresponsibility of the State Government to ensure execution of
policies and projects that have been pending for implementationfor too longrdquo Premji pointed out Later in 2005 the Central and
State Governments allocated sizeable funding from their annualbudgets towards the improvement of Bangalorersquos infrastructure
Expressing similar sentiments Infosys Technologies Chief MentorNarayana Murthy had said ldquoThe improvement in infrastructure
including roads bridges airport hospitality industry and
education is not in pace with the growth of the IT industry Ifthat is addressed to quickly the State can register double the
present export volumerdquo
Issues and ConcernsThe growing influx of people into Bangalore due to its economicboom primarily in sectors such as information technology and
biotechnology has upped the need for added infrastructure whichKarnatakarsquos Chief Minister Jagadish Shettar describes as a
ldquoChallenge for the State Governmentrdquo He made the comment
after recently inaugurating the new headquarters of the BruhatBangalore Mahanagara Palike (BBMP) Deputy Chief Minister
and Home Minister R Ashok said the cash-strapped BBMPrequires government assistance pointing out that Bangalorersquos
biggest challenges are monsoon floods and garbage clearance
The BBMP has been instructed to focus on the much neededpedestrian infrastructure parking facilities and solid waste
management apart from planning large infrastructure projects
Kiran Mazumdar Shaw the founder and CMD of Biocon madea strong observation in June 2012 that while the Karnataka
Government is embarking on its next edition of Global InvestorsMeet (GIM) there is hardly any infrastructure in the State on
which investors can bank on She had then commented ldquoPower
I have a dream a vision
for this one State with
many opportunies
Vision 2020 for Karnataka seeks
to propel a holisc growth by
promong equitable development
of sectors and districts by providing
employment to all secons of
people and regions of the State
- Jagadish Shettar Hon`ble Chief Minister
Bangalore Oct 5 2009 Three days of rain and oods in
Karnataka have caused damage of around Rs16500 crore
besides leaving 195 people dead -TopNewsin
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
7232019 Fkcci Sept 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2840
28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
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PAacutelaquoAumlethPAgravegAgravepoundAgrave Aumlszlig QAtildefrac14AacuteV poundEacute AEligAtildeqAgrave AumlordfAgrave AringzAgrave Auml s AacutegAgravewAtildeAiAgrave AumlvEacuteUEacutepoundAacuteordfAgrave Aring sectUEacuteAiAgraveAumlAumlordfAgrave zEacuteAEligaelig AtildeordmAgraveordfAacuteUAgrave AumlvAgrave UcirczEacute poundAacuteordfEacuteregegrave MAzAgraveAumlJAsect sAacuteordfEacute EcircPAgravearingvEacuteUEacute s AgraveAUAgrave vAgravegAgrave AumlvAgrave UcirczEacute PAacutelaquoAumlethPAgravegAgrave Auml vAgraveordfAgrave AumlaumlPAgrave AumllAumlAsectPEacute Igrave PAgravefrac14Agrave AumlraquocedilAgrave AumlordfAgrave DyethPAgrave poundEacute gAgraveordfAgrave Aring cedilAacuteordfAgrave iAacutefPAgraveCcopyuumlordfAgraveEgravecentTHORNAiAgrave Auml zs Eacute AEligaringAtildevAgravePAgrave CregegraveordfEacuteAtildeDzs AgraveAumlcurrenPAgrave laquozAgrave AumlaringpoundAacuteaumlpoundAgrave vAgraveAvAgrave aeligeAacuteOtildepoundAgravezAgrave poundEacute gAgravelaquocurrenAzAgrave PEacute regordfAgrave AringcedilAgraveordfAgrave iAacuted WAacutevAgrave AumlPAgrave plusmnAgrave QUcircUAgravefrac14AgraveAuml ordfAgraveregsup1UAgravejUEacute C s AgravezAgrave aeligvEacuteAiAgrave AumlpoundAgraveAumlszligGAlAumlordfAgrave iAacuter vAgraveordfAgrave Aumlauml HgAgrave AumlUAgravefrac12UEacute ordfAacuteyenAgrave AacuteUAgrave AumlordfAgravecedilAgravecurrenszligordfEacuteAtildeplusmnAgrave cedilAgrave Egraveparatimessup1gAgraveAumlordfAgrave AringzAgraveAuml SEacuteAtildezAgravezAgrave cedilAgrave AUAgravew EAvAgraveordmAgravevAgraveAvAgrave aeligUAgravefrac12UEacute PEacuteregordfAgrave Aring ordfAgraveregsup1UAgravegAgraveAuml NUEacute AEliglAumlOuml EacuteAUAgravefrac14AgraveAEliggAgravepoundAgraveAumlszligvEacute AEliggEacutecentgAgrave AumlordfAgrave Agrave ASEacute aring AgravetUacutecentgAgravesectordmAgrave AumlzAgraveAuml DzAgravegEacute AgraveordfAgrave AumlcedilEacutearingAiAgraveAumlDfrac14AgraveordfAgravepoundAgrave Aumlszlig cedilAgravePAacuteethgAgraveordfAgrave Aring CjvAgrave AumlPEacute AEligfrac14Agraveicirc EacuteAtildePAgraveAuml cedilAgravePAacuteethgAgraveordfAgrave AringordfAgraveregcedilEacute PAacutelaquoAumlethPAgrave jUEacute laquozAacutearingyethUAgravefrac12UEacute cedilAgrave AEligPAgrave Ucirc s AgravezAgraveaeligvEacuteMzAgraveVcedilAgrave EacuteAtildePAgrave Auml PAacutepoundAgraveAEligpoundAgraveAuml cedilAgrave AumlordfAgrave aringordfAgrave Eacute Uuml cedilAgravePAacuteethgAgraveUAgravefrac14Agrave
cedilAacuteordfAgrave iAacutefPAgrave dordfAacuteumlAacuteYacutej PAgrave AEligqAgravepoundEacutegEacute gAacuteμ AgraveOumlccedilUAgravefrac14AgravepoundAgrave Aumlszlig zAgrave AEligparacedilAgrave AumlordfAgraveAringzAgrave AumlPEacutereg JcediliumlJAJcediliumlgAgraveordfAacutecurrensup1zAgrave ordfAgrave aringQUcircUAgravefrac14AgravepoundAgrave Aumlszlig cedilEacutegEacuteraquorAiAgrave AumlAumlordfAgrave AringzAgravejAzAgrave cedilAgraveordfAgraveAumlcedilEacute aringyen Agrave j ordm Aacute g Agrave ordf Aacute U Agrave Auml ordf Agrave Aring cent reg egrave
PAgrave AEligregAPAgrave Aumlμ Agrave vAgravecurrenSEacutenotAumlAzAgrave CpoundEacute AtildePAgravecedilAgraveAUAgravewUAgravefrac14Agrave Auml ordmEacuteAEliggAgravecopyAtildefrac14AgravesectordmAgraveAumlzAgrave AumlMnOumlpoundAgravedegegrave ordmEacute Atildefrac14Agrave AumlordfAgraveAringzAacutezAgravegEacutecedilAgravegEacute AEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute
cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
7232019 Fkcci Sept 2012
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30
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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9
Estd 1916
and roads are a big problem and successive governments are
responsible for thisrdquo
This statement made the Government machinery go into an
overdrive to assuage her Shaw says ldquoFollowing my outburstsenior government officials came and explained to me that
a good part of the proposed investments that are likely to becommitted in the forthcoming GIM will be made available to
address power and basic infrastructure needs of Karnatakaand especially Bangalore I have never opposed the GIM but
there has to be progress and there needs to be time-bound
implementation of projectsrdquo
Bangalorersquos growth has also left its natural resources bereft Its
lakes and water bodies which were once a perennial source of
drinking water are mostly dead or drying up In 2009 BDA tookup the revival of 12 lakes costing Rs 105 Crores Work on 10
of these lakes is nearing completion However the Cityrsquos largestlakes like Varthur and Bellandur remain highly polluted with
sewage and chemicals If rejuvenated these could be used tosupply brown water to industries in East Bangalore BDA was
entrusted with Bellandur Lake Rejuvenation but it is unlikelyto be completed in 2012 Meanwhile the BWSSB has ambitious
plans of supplying 500MLD of Cauvery water to Bangalore in
2012 from its Cauvery 4th stage scheme Work is well underprogress
Roads for ProsperityThe BDA seeks to transform Bangalore to an ideal global
destination with high quality infrastructure better quality of
life by ensuring sustainable and planned development basedon effective monitoring regulation through participatory and
innovative approach The superstructure of Hebbal Flyover ofBDA has bagged the first award at the 9th lsquoOutstanding Bridge
National Awards Competitionrsquo instituted by Indian Institutionof Bridge Engineers The Hebbal Flyover the biggest flyover in
South Asia was executed by Gammon India Limited This uniqueInterchange has four loops having two carriage ways with total
six lanes allowing traffic entering in to the city and that moving
out of the city with greater ease The total cost of this megaproject was Rs4298 crores RITES a Government of India
enterprise had designed the flyoverThe growth of Information Technology in Bangalore which is
the largest contributor to Indiarsquos software exports has led to
The State has
announced the
Karnataka New
Industrial Policy 2009-14
with an objecve of creat-
ing a level playing eld for
a free and fair compeon
and robust industrial growth across the
State Special emphasis has been laid on
the development of adequate and quality
infrastructure in all regions - Murugesh R Nirani
Hon`ble Minister for Large amp Medium Scale Industries
Bangalore International Airport
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
7232019 Fkcci Sept 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2140
21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2740
27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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10
Estd 1916
a decadal growth that is second to only that of Indiarsquos capitalNew Delhi The massive growth that the city has witnessed in
the last decade is a clear indication of this city being developed
to be at par with the most modern cities in the world The cityrsquosroads however were not designed to accommodate the vehicular
traffic growing at an average of 8 per cent annually Bangalorecontinues to fall behind in this area While there is still a lot to be
done with regards to the chock-a-block traffic the Governmenthas indeed been working at a great speed to bring Bangalore
at par with the great cities of the world Several flyovers havecome into existence in the last few years easing the traffic and
making travel easier Metro Rail the International Airport atDevanahalli four-laning of Bangalore-Mysore Road Bangalore-
Mysore Express Corridor improvement in BMTC services more
flyovers and underpasses are expected to make traveling bothwithin the city and from outside more comfortable
Bangalorersquos vehicular traffic has increased manifold with 16
million registered vehicles in the citymdashthe second highest for anIndian city after New Delhi The maintenance and constructionof roads to address the growing traffic in the city has been a
challenge to the BDA and the BMP Development of the city roadinfrastructure has revolved around imposing one-way traffic in
certain areas improving traffic flow in junctions constructing
ring roads bridges fly overs and other grade separatorsSix high volume junctions were identified for improvements
through a public-private partnership involving corporate sponsorsand various state government agencies such as the Siddapur
Road and Hosur Road junction sponsored by Infosys and theAirport Road and Intermediate Ring Road junction sponsored by
the TATAs Flyovers were constructed in the city to ease trafficcongestion To ease the vehicular gridlock across the cityrsquos main
roads the BBMP will take up five signal-free corridor projectscovering 52 KM across the city at a cost of Rs426 crore Eight
parking complexes will be built in the city at a cost of Rs200
crore while solid waste management centres will be set up at a
cost of Rs200 crore during next fiscal
Bangalorersquos road network exceeds 3000 KM (1800 miles)and consists of ring roads arterial roads sub-arterial roads
and residential streets The city road network is mainly radialconverging in the centre The main roads of Bangalore coming
into the city include Bellary Road in the north Tumkur Road andMysore Road in the west Kanakpura Road Bannerghatta Road
and Hosur Road in the south and Airport Road and Old Madras
Road in the east Thus these four major entry points near currentBDA limits have been identified for erection of towers on the
lines of the four Kempe Gowda Towers that earlier marked the
limits of the old city of Bangalore There will be sculpture workdone on the walls along the median and the sides of the highway
on the lines of the bas relief at Hampi with different themesat different locations depicting the contribution of the state of
Karnataka and Bangalore to the Nation
Another major infrastructure project which has a probablechance of completion in 2012 is the lsquoSignal Free Outer Ring
Roadrsquo a 31 KM stretch from Silk Board to Hebbal JunctionThe first phase launched in October 2008 at a cost of Rs9394
crore by the BDA included flyovers at Agara and Iblur JunctionsThis work was completed in 2011 Second phase was launched
in June 2009 covering 8 junctions at a total estimated cost of
Rs33368 Crores This work is expected to be completed in2012 providing signal free ride on ORR between Silk Board
and Hebbal a major relief for South-East Bangalore and theIT Corridor Airport access has been a major concern BDA is
planning lsquoEast Side Airport Access Corridorrsquo from Chandapuraon Hosur Road to Bangalore International Airport via Gunjur
amp Budhigere The Bellary Road Elevated Corridor seems to bedone in 2012 giving an easy access to the airport for this side
of the City
Target 2015 ADBangalore stands in the 16th place out of the Top 20 cities across
the world in receiving investments The Karnataka Governmentproposes to spend a whopping Rs5500 crore in the ensuing
fiscal (2012-13) for addressing the infrastructure woes of Indiarsquostech hub including its poor public transport and traffic snarls on
its thoroughfares Its civic bodies will also be allotted Rs1000crore for funding major infrastructure projects including road
widening parking and other amenities The urban form and
sprawl of the city as envisaged by city planners is expected togrow by a huge proportion in the coming years
According to the Karnataka Governmentrsquos Revised Master Plan2015 Bangalore Cityrsquos key infrastructure projects that will
accelerate connectivity within the city and outside and also play
The improvement
in infrastructure
including roads
bridges airport hospitality
industry and educaon is
not in pace with the growth
of the IT industry If that is
addressed to quickly the State can register
double the present export volume
- Narayana Murthy Chief Mentor Infosys Technologies
Trafc Jam in Bangalore
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
PEacuteregcedilAgrave ordfAgraveiAacuterzAacuteUAgrave yenAgrave aeligwAiEacute AEligAzAgrave Auml PAacuteAiAgrave AumlethPEacute eumlAtildevAgrave aeligordfAgrave Aring poundAgraveordfAgrave AumlaumlzEacuteAtildeplusmnAgravezAgrave lsquoCpoundEacuteAtildePAgravevEacute AiAgrave Aumldegegrave KPAgravevEacutersquo JAsect zs Eacute aringAtildeAiAgrave AumlordfAacutePAgrave aringordfAgravepoundAgrave AumlszligPAacuteAiAgrave AumlethgAgrave AEligyenAgravePEacute Igrave vAgravegAgrave AumlordfAgrave WAgrave lPAgraveUAgravefrac14AacuteV yenAgravejordfAgravevAgraveethpoundEacute ordmEacute AEligAzAgraveAumlordfAgrave AringzAgraveAuml gAacuteparaOumlccedilAtildeAiAgrave Auml LPAgrave aringvEacuteAiAgrave Auml zAgrave EgraveparatimesnotAumlAzAgrave cedilAacuteeacuteUAgravevAacuteordmAgraveeth laquoμ AgraveAiAgrave Auml EzAgravePEacute Igrave laquogAgrave AumlzAgrave THORNordfAacuteV ordfAgraveregcedilEacute
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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11
Estd 1916
It is the key
responsibi l i ty
of the State
Government to ensureexecuon of policies and
projects that have been
pending for implementaon
for too long
- Azim Premji CEO Wipro Technologies
a core catalyst to the Cityrsquos growth include
Bangalore International AirportLocated in the north of the city the airport at Devanahalli resulted
in many parallel developments that have taken off in its vicinityThere has been an increased demand for plots residential
layouts office spaces and farm land The roads leading to allthese are now being upgraded to an elevated project to give a
boost to connectivity The government also has plans to set up ahuge aerospace IT and BT Special Economic Zone close to the
airport Mass transit systems have also been planned to enabletravellers to reach the airport faster Development along the
route to this landmark has also taken interesting detours at the
Doddabalapur Road Jalahalli and Yeshwanthpur-Hebbal stretch
NICE CorridorThis connectivity project is known for its world-class quality and
ability to ensure a smooth and hassle-free ride has resulted in
the sprouting of many real projects in the south west of the city
The peripheral ring road of the expressway is a big relief forcommuters in the city Commuting from Jalahalli to Electronic
city on Hosur Road which was unrealistic earlier given theCityrsquos traffic and congestion is now easily possible thanks to
this corridor This has given a boost in the sale value of villasin Bangalore land for sale in Hosur and plots near Electronic
City Massive apartment complexes IT parks and malls closeto the NICE corridor offer good rental returns Hence this
infrastructure project has given a boost to areas which wereearlier not easily accessible
Metro Rail-Namma MetroThe Metro Rail project that will criss-cross the City will bean astute driver of its growth story Though it will run across
congested areas and already well-established residentialregions in the city the Metro Rail will open a new chapter The
Namma Metro work Reach 1 will be completed by 2014 Of the
estimated Rs11609 crore for the first phase Rs7168 crorehas been spent so far
The second phase to be taken up at a cost of Rs24000 crorewill be completed by 2018 The State Government has approved
phase two of the Bangalore metro rail project to extend thehigh-speed service across the city covering 72 km more by 2017-
18 at a cost of Rs26405 croreThe State Cabinet had already approved it while the Union
government has in principle given its approval The second
phase of the Bangalore Metro Project is expected to get centralgovernment approval in September The Bangalore Metro Rail
Corporation has started exploring funding options includingtapping domestic bond markets
With the opening of Reach-1 between Baiyapanahalli and
Cubbon Park Banglore
7232019 Fkcci Sept 2012
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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12
Estd 1916
Karnataka has specic
issues related to
infrastructure Huge
power capacity is being created
but fuel supply scenario for that
is bleak The State has to improve
base load performance in power
sector In the last two years we
are losing substanal energy in the installed capacity
- K Shiva Shanmugam President FKCCI
In the wish list of Bangalore infrastructure
Cricket Stadium (67 km) Namma Metro seems to have pickedup steam and 2012 should see the opening of Reach-2 from
Leprosy Hospital to Mysore Road (64 km) and Reach-3 from
Sampige Road to Yeshwanthpur (51 km) Properties along the
tract will now be able to go vertical and command higher pricesdue to its proximity to Bangalorersquos new transit system The areas
around Baiyapanahalli such as Ramamoorthynagar C V RamanNagar and Kaggadasapura have witnessed property prices go
up after the Reach I of the project was completed and becameoperational
IT corridor
The Cityrsquos IT belt is the main driver of its growth and is located in
the south and eastern parts like Whitefield Devarabeesanahalli
Hosur Road Bannerghatta Road and Kanakpura Road Theemergence of huge IT parks and construction of roads to connect
the IT belts has led to residential and retail options emerging ina major way
Industrial belts
Peenya and Hoskote have emerged as success stories in the cityrsquosindustrial growth map Situated to the north and east of the city
respectively these industrial parks have also grown much beyondtheir boundaries While the Peenya industries are looking at
Dabaspet and the greater Peenya Industrial Area to further
their growth story the Hoskote industrial growth is happening upto Narsapur This is due to infrastructure projects such as good
roads that are offering efficient connectivity in these areasThere seems to be plenty of infra-action to look forward to
positively happening in Bangalore at least till 2015 The StateGovernment has to fire all its cylinders to keep the momentum
of its infrastructure activity going which will be directlyproportional to the growth of the City Else the Brand Bangalore
machinery is going to be the loser if it loses out on its crucialnuts and bolts carrying it
There seems to be plenty of infra-action to look forward to positively happening in Bangalore at least till 2015 The State Government
has to re all its cylinders to keep the momentum of its infrastructure activity going which will be directly proportional to the
growth of the City Else the Brand Bangalore machinery is going to be the loser if it loses out on its crucial nuts and bolts carrying it
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
7232019 Fkcci Sept 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
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28
Estd 1916
Labour Force
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7232019 Fkcci Sept 2012
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Estd 1916
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JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
7232019 Fkcci Sept 2012
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30
Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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13
Estd 1916
FKCCI work
FKCCI News
Bankersrsquo Meet
Interactive Meeting with
Mr SN SiddaramappaDCP Bangalore (West)
An interactive meeting with the Bankers was organized to
discuss e-payment related issues concerning Commercial Taxes
and other banking issues on 31st July 2012 at FKCCI
Mr KShiva Shanmugam President FKCCI in his welcome
address said that the Department of Commercial Taxes
Government of Karnataka had noti1047297ed 14 banks for collectinge-payments As per Noti1047297cation NoEG1ndashCR 42012-13 dt
2742012 it had become mandatory for all dealers paying
an amount of Rs25000 or more as tax to pay the amount by
electronic remittance Further he said that FKCCI had requested
the RBI to authorise all banks to collect taxes online as it would
save the Business Community from opening another account in
these noti1047297ed banks FKCCI had also requested the Commercial
Taxes Department to notify all banks for e-payment and also
brought to their notice the concerns expressed by the members
While addressing the members Mr R Jagadeesh Prasad AddlCommissioner of Commercial Taxes (GST) Govt of Karnataka
said that the Commercial Taxes Department had 1047297rst introduced
e-1047297ling which was a success Then it introduced e-payment
which is also successful from the banking sector as well as the
dealersrsquo perspectives The department had authorized only 14
scheduled banks because they were recognized by the RBI but
were planning to request all the banks to be noti1047297ed for the
convenience of the dealers he added
Mr BT Manohar Chairman State Taxes Committee FKCCI
in his observations said that the dealers who are customers in
net banking are 1047297nding dif1047297culty in operating the accounts He
requested the Bankers to educate the dealers in this regard and
not to insist on maintaining a minimum balance
Mr BN Biradar Asst Commissioner of Commercial Taxes
e-1047297ling in his address said that CTD should recommend to
the 1047297nance department who will then recommend RBI for
authorizing banks for e-payment
During the interaction the members said that they were 1047297nding it
very dif1047297cult to open online accounts amp operate in the designated
Banks noti1047297ed by the Department for e-payment Even after the
accounts were opened many banks were informing that online
payment would take time to get activated Loans were not being
given to the MSME sector and collateral security was being
asked for
General Managers Deputy General Managers Asst GeneralManagers Chief Managers of leading banks like SBM IOB
Bank of Maharashtra SBI Corporation Bank Bank of Baroda
Syndicate Bank SBH UBI and IDBI participated in the Meeting
They said that it would take time to open and operate online
accounts as creating awareness in the Districts on the facilities
available providing loans for MSMEs on priority basis following
KYC norms are all time consuming
An Interactive Meeting with Mr SN Siddaramappa IPS
Deputy Commissioner of Police Bangalore (West) was held on
2nd August 2012 at FKCCI
Mr SN Siddaramappa mentioned about the hardships
infrastructural dif1047297culties low manpower availability and
increased workload over the years and the sudden upsurge in
Interactive meeting with Bankers - 31st July 2012
Interactive Meeting with Mr S N Siddaramappa IPS
Dy Commissioner of Police Bangalore (West) - 2nd August 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
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Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
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16
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Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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14
Estd 1916
Workshop on Service Tax
population of Bangalore in last decade Disagreeing with the
NCRBrsquos data regarding crimes against women he stated that
actually crimes vary and in most cases belongs to elopement
Immoral Traf1047297c (Prevention)Act and such other occurrencesHe also said that the Department is taking action against police
staffs who refuse to register cases They are also making rules
for hotel owners to record addresses and contact numbers of
people staying with them stricter Referring to cracking down
on bars which 1047298out rules and serve customers on the road the
DCP said that he himself had written to the Excise Department
to cancel the licenses of such bars ldquoThey do not listen to us
Not even one barrsquos license is suspendedrdquo he regretted He also
called on the industry bodies to come forward with donations for
HD CCTV cameras ldquoWe are extremely short staffed There is a
policeman for 1000 peoplerdquo he stated
Mr K Shiva Shanmugam President FKCCI in his welcome
address stated that the effects of industrialization growth and
development are resulting in social unrest group clashes low-morality and youth resorting to crime to maintain lifestyle
ldquoBangalore now needs police force that is sophisticated
equipped with modern weaponry high-tech gadgets and above
all high caliber manpowerrdquo Mr Shanmugam observed Cyber
crime crimes against women and children are a matter of
serious concern and just 2 all-women police stations in Bangalore
seem to be inadequate he stated President FKCCI lauded the
Government efforts for compulsory registration of tenants
Address by
Mr D Venkatesha MurthyWorshipful Mayor BBMP
FKCCI organized an interactive meeting with Mr D Venkatesha
Murthy Worshipful Mayor BBMP on 3rd August 2012
Addressing the gathering Mr D Venkatesha Murthy expressed
that delay in receiving funds lack of revenue generation from
BBMP and court stay orders for initiating projects are obstructing
smooth implementation of the projects in developing Bangalore
city He further explained that they have initiated 12 projects in
BBMP adopting PPP model He informed that installing wind
mills for generating power on buildings with 1047297ve and above 1047298oors
will be made compulsory to tackle the power problem in thecity Discussing on Trade License the Mayor informed that there
was a noti1047297cation that Trade License will be called as Business
Certi1047297cate and all traders have to get the Business Certi1047297cate
and the renewal could be done once in three years or 1047297ve years
Mr K Shiva Shanmugam President FKCCI in his welcome
speech explained that Bangalore city being in the forefront
in ITBT Service and Industry Sector lacks adequate
infrastructure Mr Shiva Shanmugam stressed on the issues of
waste management drinking water problem and open storm
drains in the city
President FKCCI further stated that development of infrastructure
in the city has been a long felt need The improvement of the
infrastructures will attract not only the best talents for business
establishments but also attract the investment for fueling growthand development of industries in the city
A Workshop on ldquoService Tax - Applicability of New Enactments
Rules Negative List etcrdquo was held on 4th August 2012 at FKCCI
Mr S Sampathraman Vice-President FKCCI in his welcome
address said that the Union Budget 2012 had ushered a new
system of taxation of services Consequently all services except
those listed in Negative List and Mega Exemption Noti1047297cation
were taxable from 1st July 2012 The new changes would
prepare both the Department as well as the tax payers for the
eventual transition towards Goods amp Services Tax (GST)Mr IS Prasad Chairman Central Taxes Committee FKCCI
said that the entire law has been re-written and has thrown
open new challenges to the tax payers department and even
professionals
Mr KS Naveen Kumar Advocate in his presentation explained
about the new Service Tax Law its comprehensive approach
de1047297nition of service negative list mega exemption meaning of
taxable territory declared service and support service
Mr S Siva Kumar Chartered Accountant made a presentation
on valuation of taxable services valuation of works contract
reverse charge mechanism and bundled services
Mr Deepak Kumar Jain B Chartered Accountant moderated
the afternoon session and introduced the speakers
Mr Madhur Harlalka Chartered Accountant in his presentationon Place of provision of Service Rules 2012 touched upon
taxable territory and how to determine location In his
presentation on Point of Taxable Rules he touched upon validity
date of payment determination of point of taxation completion
of service change in effective rate of tax and payment of tax in
case of new services
Mr BD Chandrashekar Chartered Accountant made a
presentation on Service Tax procedures exemption conditions
registration amendments to registration centralized
registration issue of consignment note input service distributor
transfer of credit CENVAT credit payment of service tax
penalty e-payment provisional assessment returns and
exemption to SEZ
Address by D Venkatesha Murthy
Worshipful Mayor BBMP - 3rd August 2012
7232019 Fkcci Sept 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
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Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2840
28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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15
Estd 1916
Interactive Meeting with
Mr M N Vidyashankar IAS Principal Secretary
Dept of Commerce amp IndustriesAt the outset Mr MN Vidyashankar IAS
Principal Secretary Department of Commerceamp Industry Government of Karnataka informed
that Electronic City Industrial Area would
shortly be designated as noti1047297ed area and anote on Peenya Belgaum and other township
development issues has been presented to theGovernment for consideration The 1st hardware
technology park set up near the BangloreInternational Airport in Devanahalli will be
inaugurated during end-September this year he
said Highlighting the comparative advantages ofIndia and Taiwan Mr Vidyashankar said that the
Department expects the park to host 300 to 500Taiwanese companies coming to Bangalore to
set up shop as well as explore joint ventures with
their counterparts in Karnataka Investments tothe tune of Rs600-750 crore are envisaged for
the project which will be devoted to setting upmanufacturing chips LEDs computer hardware
and telecommunication equipments He also
declared that an agreement with Taitronic
Address by Mr M N Vidya Shankar IAS Principal Secretary
Commerce amp Industries GoK - 7th August 2012
(Taiwan Electronics Manufacturers Association) and TCA(Taipei Computer Associates) will be signed by the Government
Mr Vidyashankar said that the Department has already takendecision to exempt industries from paying trade license fee to thelocal bodies the BBMP and others which would be announced
soonThe Industry Ministry has sent a note to the Urban Development
Department asking BBMP not to force trade licenses on
industries but other shops and establishments will not beexempted from obtaining the trade license he added Regarding
enhancement of the scope of single window agency and high levelcommittee to clear projects of higher value Mr Vidyashankar
said that it is being duly considered by the State Government
He also mentioned that the Karnataka Small Scale IndustriesDevelopment Corporation would be renamed Micro Small and
Medium Enterprises Corporation
Commenting on the Global Investorsrsquo Meet 2012 MrVidyashankar announced that the Honrsquoble Chief Minister ofKarnataka will be launching a new portal wherein investors can
track the status of their projects This portal containing details
of all the existing and upcoming industries would be linked withthe present Advantage Karnataka website The portal will list
the number of clearances required and days needed by each ofthe Departments for approval A total of 138 industrial areas
have been geo-spatially mapped to facilitate identi1047297cation of
vacant plots for setting up industriesTo address domestic and industrial water demand in the State a
tertiary treatment plant with a capacity of 60 million litres perday has been proposed linking a major raja kaluve A French
company has agreed to provide the pipeline and has committedto complete the work in 13 months
Mr Vidyashankar informed that the Government of Karnataka iscontemplating setting up an innovation and technology instituteon the lines of the Industrial Technology Research Institute
(ITRI) Taiwan at Mokshagundam to provide a boost to industryand industrial activities 250 acres of land has been identi1047297ed
and the approval is awaited A report in this regard has been
prepared by scientist Roddam Narasimha being vetted by ProfCNR Rao
While interacting with the members Mr Vidyashankarsuggested that trade bodies and the concerned Government
Departments should meet at least once in a quarter to sort out
issues pertaining to industry and commerce in the stateEarlier in his welcome address Mr K Shiva Shanmugam
President FKCCI mentioned that Karnataka needs to cope
up with the rising demand of power road connectivity and railconnectivity There is an urgent need to sanction power forthe new industries coming up in the industrial areas of all the
districts Infrastructure including proper solid waste disposal
mechanism within the industrial estates in every district needto be upgraded The issue of MSME Corridors adjacent to the
National Highways is also to be addressed he addedMr CR Janardhan Chairman Industry MSME and Corporate
Affairs Committee of FKCCI in his observations said that training
centres for skill development should be established in the StateHe also mentioned that the Joint Directors should disseminate
information on all MSME Schemes available in their respectiveareas so that they can avail the advantages of the Schemes
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
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Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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16
Estd 1916
Interactive Meeting with Dr Rahul Khullar Chairman
Telecom Regulatory Authority of India (TRAI)
Workshop on Update on KVAT
and e-Initiatives of Commercial
Taxes Department at Mysore
An Interactive Meeting with Dr Rahul Khullar ChairmanTelecom Regulatory Authority of India (TRAI) was held on 13th
August 2012 at 500 pm at FKCCI
Dr Khullar said that the proposed auction of airwaves wouldbe successful He informed that the telecom industry has notreplied back on the issue of TRAIrsquos decision to 1047297x reserve price
at Rs18000 for spectrum once it was put on in the public
domain He said that TRAIrsquos recommendation is not mandatorythe government is free to modify their suggestions The Supreme
Court had 1047297xed a deadline up to August 31 2012 for thespectrum auction
He informed that if prices for essential commodities has seen
steep rise in recent years it is inevitable that mobile call tariffwould go up as well Although telecom service providers are
under tremendous pressure the source of their problem lies inthe legacy decisions taken by the service providers in the past
He also informed that TRAI proposed to levy a late fee of up to
Rs2 lakh on telecom operators which fail to report tariff withinseven days from the date of implementation
Mr K Shiva Shanmugam President FKCCI in his welcomespeech said that our country is the second largest mobile phone
market in the world and there is a constant increase in thenumber of subscribers and users The GSMA which represents
the interests of mobile operators worldwide has announced
that India will become the second largest mobile broadbandmarket globally within the next 4 years with 367 million
mobile broadband connections by 2016 This will make it alarger market than the US He said that FKCCI feels that the
Indian Government should facilitate timely release of additional
spectrum in a fair and transparent way for all stakeholdersWhile making the observations Mr IS Prasad Chairman
A Workshop on Update on KVAT and e-Initiatives of Commercial
Taxes Dept was organized by Mysore Chamber of Commerceamp Industry (MCCI) in association with the Federation of
Karnataka Chambers of Commerce amp Industry (FKCCI) and
District Industries Centre (DIC) Mysore on 17th August 2012at Mysore
Mr Sudhakar S Shetty President MCCI in his welcome addressmentioned that such Workshop has been organized for the 1047297rst
time in Mysore and that the response is encouraging He thanked
the FKCCI for organizing the Workshop in Mysore which givesan opportunity to discuss practical problems
Interactive Meeting with Dr Rahul Khullar Chairman TRAI - 13th August 2012
Economic Affairs said that though TRAI has set some guidelineson unwanted text message and calls the telemarketers are
now using international gateways to achieve their objectives
at the cost of continuous harassments to subscribers He toldthat FKCCI will join hands with TRAI to organize awarenessprogramme on role of TRAI across the State
During the interactive session terming TRAIrsquos recommendations
on spectrum auction as ldquoarbitrary regressive and inconsistentrdquotelecom operators said that the proposals would hurt further
investment in the sector and expansion of services in rural areasMany operators had expressed apprehensions that tariff would
go up steeply if TRAI recommendations were accepted
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
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JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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17
Estd 1916
Mr R Jagadeesh Prasad Additional Commissioner of
Commercial Taxes (GST) Commercial Taxes DepartmentBangalore thanked all the taxpayers for co-operating in making
the VAT system successful FKCCI and the District Chambersin coordination with the Commercial Taxes Department
were playing an important role in creating awareness on the
e-initiatives he said He requested the taxpayers to help instrengthening the Governmentrsquos initiatives and getting more
revenue to the GovernmentMr BM Basappa Joint Commissioner of Commercial Taxes
Divisional VAT Of1047297cer (Admin) also interacted with the
participants during the Workshop on the issues affecting theassesses
Mr K Shiva Shanmugam President FKCCI in his address saidthat Help Desks of the Commercial Taxes Department should be
set up in every District so as to guide Trade amp Industry aboutthe changes and help them in complying He further informed
that through the Commercial Taxes Consultative Committee theFKCCI discusses practical problems faced by Trade amp Industryand many a time the Department has taken serious note of it and
provided the necessary relief he addedMr BT Manohar Chairman State Taxes Committee FKCCI gave
an update on VAT and Mr VV Hodlur Deputy Commissioner of
Commercial Taxes GoK made a presentation on the e-initiatives
Mr K Shiva Shanmugam President FKCCI
lighting inaugural lamp at the seminar
Awareness and Education
Seminar on lsquoAgribusiness amp
Commodity Futures MarketPrice Risk Managementrsquo
FKCCI is supporting The Hindu Business Line in organizing
a series of Stakeholder Awareness and Education Seminar
on lsquoAgribusiness amp Commodity Futures Market Price RiskManagementrsquo in association with Forward Market Commission
and NCDEX across various districts of Karnataka
The 1047297rst Seminar was held at Mysore on 17th August 2012followed by the second at Bangalore on 18th August 2012
Addressing the Seminars Mr K Shiva Shanmugam PresidentFKCCI said that commodity trading in India with globalization
and liberalization has witnessed a massive resurgence turning
itself into one of the most rapidly growing areas in the 1047297nancialsector In the wake of globalization and consequent surge in
the global uncertainties 1047297nancial organizations are engagedin devising instruments to contain the price risk resulting due
to uncertainties Agricultural producers are prone to several
risks such as price crop failure seasonal variations storageand a plethora of other natural disasters which in1047298uence their
income speculations and have negative impact on the standardof living ability to build capital and ability to access credit and
repay debts The impact of price volatility on producers is muchgreater in developing countries than it is for those in developed
market economies This calls for a system which not only yieldsadequate return to its producers but also ensures timely supplyat desired prices to the consumers It is in this sphere that the
futures markets hold immense potential for the economyThe Seminar at Mysore was also supported by the Mysore
Chamber of Commerce amp Industry In his welcome address
during the Seminar held at Mysore Mr Sudhakar S ShettyMCCI mentioned that 60 of Indian population lives in
village and majority depends on agriculture which continues tosupport numerous linkages and thus becomes a supplier of vital
industrial raw martial Agriculture is rapidly changing due to
globalization and these awareness seminars would help combatthe bottlenecks that come ldquoday in and day outrdquo
The Chief-Guest for the Seminar held at Mysore was Dr PS
Vastrad IAS Deputy Commissioner Mysore Dr Vastrad saidthat there is no safety or security for the products of farmersor industrialists Price assessment for the product in advance is
essential to plan for the future he said Farmers always get into
problems either in marketing or transporting their products Hesaid that Agriculture was the most risky business in India due to
various reasons To build buffer stocks a lot needs to be done tocreate storage space at villages and hoblis he added
Dr GK Vasantha Kumar Additional Secretary Agriculture
Department Government of Karnataka was the Chief-Guest forthe Seminar organised at Bangalore In his Keynote address Dr
Kumar said that farmers are getting exposed to price 1047298uctuationsowing to lack of uniform supply chain in commodities This
de1047297ciency is also making the sector too risky for farmers to
invest in otherwise pro1047297table activity He said that instability ofcommodity prices has always been a major concern of producers
processors traders and consumers the major reason is tradebeing supply and not demand driven
Mr G Chandrashekar from The Hindu Business Line madea presentation on ldquoCommodities as critical driver of Indiarsquos
economic growthrdquo during the Seminars In his presentation
he said that India has a foreign reserve of 290 billion dollarswhich would last for 7 months imports Stating India as a young
nation he pointed that 31 of Indian population is belowthe age of 15 20 is below 25 and 80 of the population
is below 45 years He said that even though India is the third
largest economy in agriculture the sector is growing only at25 whereas manufacturing and service sectors are growing
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2540
25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
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PAgrave AEligregAPAgrave Aumlμ Agrave vAgravecurrenSEacutenotAumlAzAgrave CpoundEacute AtildePAgravecedilAgraveAUAgravewUAgravefrac14Agrave Auml ordmEacuteAEliggAgravecopyAtildefrac14AgravesectordmAgraveAumlzAgrave AumlMnOumlpoundAgravedegegrave ordmEacute Atildefrac14Agrave AumlordfAgraveAringzAacutezAgravegEacutecedilAgravegEacute AEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute
cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
7232019 Fkcci Sept 2012
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30
Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
7232019 Fkcci Sept 2012
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32
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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18
Estd 1916
Meeting with Commissioner
of Commercial TaxesAn Interactive Meeting with Mr Yogendra Tripathi IAS
Commissioner of Commercial Taxes was organized on 23rd
August 2012 at FKCCIMr K Shiva Shanmugam President FKCCI in his welcome
Address by Mr BH Anil Kumar Managing Director Karnataka
Road Development Corporation Limited on 21st August 2012
Address by
Mr BH Anil KumarManaging Director Karnataka Road
Development Corporation LimitedMr B H Anil Kumar Managing Director Karnataka RoadDevelopment Corporation Limited addressed the members of
FKCCI on 21st August 2012Mr Anil Kumar briefed on the KSHIP-I and KSHIP-II projects
at 8-10 He said that the government through reforms had
created a free trade environment and our market was graduallyintegrating with the global market As it integrated market risk
perception heightened Hence it was imperative to focus onrisk mitigation He mentioned hedging price risk as one of the
tools to mitigate risk He said that futures exchange offers the
safest way to protect margins He added that in future tradingthe price discovery helps producers sellers consumers and also
exporters amp importers in discovering the price for a future datewhich helps in decision making Price risk management helps
in insuring the price against adverse price movement amp locks in
pro1047297t margin he statedDr M Mathisekaran Director Forward Markets Commission
highlighting on lsquoRegulatorrsquos Perspectiversquo at the Seminar atBangalore said that demand and supply issues in commodities
were causing in1047298ation not the future markets He also mentionedthat futures trading was plagued by many challenges such as
fragmented physical market and lack of proper storage practicesby warehousesMr VB Prem Kumar Deputy Manager NCDEX and Mr Aashish
Argade Manager NCDEX made presentations on lsquoBene1047297ts ofcommodity futures trading and exchange perspective amp price
risk managementrsquo during the Seminars at Mysore and Bangalore
respectively While explaining the functions of NCDEX they saidthat NCDEX trades in 31 commodities has 848 members and
over seven lakh clientsDr K Lakshmisha General Manager amp Group Executive (Agri
amp MSME) State Bank of Mysore made a presentation on lsquoRole
of banks in transportation and storagersquo He provided detailsof capital investment subsidy schemes of the bank towards
agriculture sector
The Seminars were followed by interactive session during whichthe following issues were raised
bull Forward Market Commission penalizes Dabba Traders
harshly
bull Who would assess the quality of commodities stored in thegodown
Answering to this question the panelists said that there are 600NCDEX godowns existing The traders have liberty to complain
to FMC or even check the quality of the commodities
bull Why coffee is inactive in the exchangeTo this they clari1047297ed that there was confusion on who should
trade coffee- whether the producer processor or consumerThe Seminars were attended by various market participants
including producers processors traders importers exporters
trade intermediaries and others engaged in agri-business
taken up by the Department and also provided details of theroads which are being constructed and to be constructed He
also highlighted on the projects implemented with PPP modelResponding to the question on the quality of the roads inBangalore Mr Anil Kumar told that the department is laying
new roads every 1047297ve years He expressed his dissatisfaction thatthe State Government is keen to construct new roads rather than
maintaining the existing roads Regarding construction of tunnel
at Shiradi Ghat Mr Anil Kumar explained that the projectis delayed due to delayed clearance from the Environment
Department Addressing the issue of construction of unscienti1047297cspeed breakers Mr Anil Kumar said that the department has
already started removing the unscienti1047297c speeder breakers and
is planning for construction of speed breakers which are userfriendly
Mr K Shiva Shanmugam President FKCCI in his welcome
address stressed upon the need for safe and effective roadnetwork in the State for the development of trade industryand tourism He also mentioned that there are many projects
pending with the Government Department regarding road and
bridge construction which need to be immediately taken-up infavour of the citizens of Karnataka
Mr Prakash Mandoth Executive Chairman InfrastructureCommittee of FKCCI in his observation highlighted on the
delayed developments of NH-48 NH-7 and six lane roads for
Bangalore-Mysore connectivity He suggested allocation ofexclusive funds for road development and also making Suvarna
Karnataka Development Corridor Program a success He alsoinformed that in Bangalore unscienti1047297c speed breakers are
being built which cause problems for the vehicle users
Mr R Shivakumar Senior Vice President of FKCCI whileproposing the vote of thanks extended all support within the
purview of FKCCI to the development initiatives taken up bythe KRDCL
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2640
26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2740
27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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19
Estd 1916
A report on visit to MRPL MSEZL UPCL and ISPRLMr S Babu Past President FKCCI was nominated from FKCCI
to be a part of the Committee constituted by Karnataka StatePollution Control Board (KSPCB) to visit MRPL MSEZL
UPCL and ISPRL comprising of the Chairman Mr AS
Sadashivaiah Professors in various 1047297elds Dr S Manjappa DrR Siddaramappa Dr BS Jai Prakash Mr Vijayakumar and
Senior Environment Of1047297cer Mr KM LingarajuOn 6th August 2012 the team 1047297rst visited Mangalore Re1047297nery
and Petro Chemicals Limited (MRPL) which is a subsidiary of
ONGC (with 7162 equity) and had detailed discussions withMr PP Upadhya the Managing Director The team observed
that the Company has been con1047297rming to the environmentalnorms and also the advice given by the above expert team on
environmental issues with regard to air pollution controlwater pollution control solid waste management ground water
management sea water management ef1047298uents discharged etc
Thereafter the team visited Mangalore Special EconomicZone Limited (MSEZL) This is an upcoming SEZ Project
and the team studied the green belt activities undertaken bythe company The company has already planted about 42000
saplings in 109 acres of processing and non-processing areas as
on June 2011 They are also doing a lot of social projects undercorporate social responsibility such as maintenance of temples
schools etc Some of their future proposals include developinggreen belt in 45 acres in the processing area of Mangalore
SEZ Ltd during 2012-13 conducting environment awareness
programmes in all the RampR colonies etcThe next day the team visited LANCO-Udupi Power Corporation
Limited (UPCL) at Yellur and Santhur villages of Udupi District(which was lastly bought out by LANCO) where one 600 MW
power production project is running and one more 600 MWpower plant is ready for generation Since the wheeling of power
lines are not yet ready they are waiting for the same As per
their estimate this 1200 MW power will help Karnataka to
certain extent During their presentation it was informed thatthey are planning for further expansion It is observed that this
power project is also well monitored by the Pollution Control
Board and they are following the previous instructions of thePollution Control Board authorities
The Company has also planted many saplings and is trying to retainthe ecology of that area The air monitoring water monitoring
and control measures are quite satisfactory The sanitary waste
cooling tower blow down and sea water treatment plant wastesare collected and disposed separately The wastewater generated
is being discharged about 670 mts inside the sea and the seawater quality at discharge point is being monitored regularly
by the College of Fisheries Mangalore The Company has alsofocused on CSR activities through which environment camps are
conducted
The team next visited the project of Indian Strategic PetroleumReserves Limited (ISPRL) at Padur This project with
approximately 1000 crores investment was commenced in 2010This is a project in which the Government of India has envisaged
to stock crude oil below 60 feet to ground level caved in strong
and heavy rocks The proposed crude oil storage caverns are lsquoUrsquoshaped tunnels with lsquoDrsquo shaped cross section and consists two
storage units The total tunnel work will be done in 135 kmsand the volume of excavation is about 35 million Cu Mt that
is about 875 MMT The storage of crude oil here will be used
during emergency which will last for about 15 days to meet theentire nationrsquos requirement The visit provided an opportunity to
observe and study the environmental issues of some of the majoroil re1047297neries and distilleries Mr S Babu on behalf of FKCCI
thanked the Chairman Mr AS Sadashivaiah and his team forgiving the opportunity to visit the above organizations which was
quite educative
address said that the Commercial Taxes Department inKarnataka through its e-initiatives facilitate dealers to register
make e payment 1047297le returns online and download statutory
forms The stakeholders- dealers VAT of1047297cers and check postof1047297cers exchange data electronically He further said that FKCCI
interacts with the Commercial Taxes Department on a day today basis Through interaction and meetings of the Commercial
Taxes Consultative Committee the practical problems faced byTrade amp Industry are discussed and many a time the Department
had taken serious note of it and provided necessary relief
Mr BT Manohar Chairman State Taxes Committee FKCCIin his observations said that there were problems regarding
registration and updating amendments to registration Heinformed that FKCCI was not consulted by the Government
while increasing the VAT rate by 05Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes
Government of Karnataka in his address said that the initial
1 or 2 years during change over to VAT was a dif1047297cult periodHowever owing to technology of the department and readiness
of Trade and Industry the shift over to GST would de1047297nitely bemuch smoother than the shift over to VAT He informed that
refund has to be done only after minimum veri1047297cation and that
issuance of C Form has been partly automatedHe said that he would look into making registration simpler and
streamline the visit of of1047297cers especially during amendment to
registration He said that initiatives would be taken to make theHelp Desk on e-initiatives more effective He appreciated the
positive role played by FKCCI and other trade bodies in creatingawareness
Further he said that the trend in tax collection was positiveduring the 1047297rst quarter of this 1047297scal The collection of VAT stood
at Rs7600 crore during the 1047297rst quarter The department also
collected Rs2520 crore in July alone The department expectsmore VAT during festival season There was a target of VAT at
Rs26000 crore for the 1047297scal 2011-12 but it was exceeded byRs900 crore There will be no problem to meet the target of
Rs31000 crore during this 1047297scal he addedWhen asked about the large number of unregistered dealers in
the state he said the department would be conducting a survey
to 1047297nd out such dealers ldquoAs per the records of commercialtaxes department there are 4 lakh registered dealers in the
state There is no need for all the dealers to register with usFor example dealers with less than Rs5 lakh turnover need not
registerrdquo he said
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2440
24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
PEacuteregcedilAgrave ordfAgraveiAacuterzAacuteUAgrave yenAgrave aeligwAiEacute AEligAzAgrave Auml PAacuteAiAgrave AumlethPEacute eumlAtildevAgrave aeligordfAgrave Aring poundAgraveordfAgrave AumlaumlzEacuteAtildeplusmnAgravezAgrave lsquoCpoundEacuteAtildePAgravevEacute AiAgrave Aumldegegrave KPAgravevEacutersquo JAsect zs Eacute aringAtildeAiAgrave AumlordfAacutePAgrave aringordfAgravepoundAgrave AumlszligPAacuteAiAgrave AumlethgAgrave AEligyenAgravePEacute Igrave vAgravegAgrave AumlordfAgrave WAgrave lPAgraveUAgravefrac14AacuteV yenAgravejordfAgravevAgraveethpoundEacute ordmEacute AEligAzAgraveAumlordfAgrave AringzAgraveAuml gAacuteparaOumlccedilAtildeAiAgrave Auml LPAgrave aringvEacuteAiAgrave Auml zAgrave EgraveparatimesnotAumlAzAgrave cedilAacuteeacuteUAgravevAacuteordmAgraveeth laquoμ AgraveAiAgrave Auml EzAgravePEacute Igrave laquogAgrave AumlzAgrave THORNordfAacuteV ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravegAgravepoundAgrave Aumlszlig QAtildefrac14AacuteV poundEacute AEligAtildeqAgrave AumlordfAgrave AringzAgrave Auml s AacutegAgravewAtildeAiAgrave AumlvEacuteUEacutepoundAacuteordfAgrave Aring sectUEacuteAiAgraveAumlAumlordfAgrave zEacuteAEligaelig AtildeordmAgraveordfAacuteUAgrave AumlvAgrave UcirczEacute poundAacuteordfEacuteregegrave MAzAgraveAumlJAsect sAacuteordfEacute EcircPAgravearingvEacuteUEacute s AgraveAUAgrave vAgravegAgrave AumlvAgrave UcirczEacute PAacutelaquoAumlethPAgravegAgrave Auml vAgraveordfAgrave AumlaumlPAgrave AumllAumlAsectPEacute Igrave PAgravefrac14Agrave AumlraquocedilAgrave AumlordfAgrave DyethPAgrave poundEacute gAgraveordfAgrave Aring cedilAacuteordfAgrave iAacutefPAgraveCcopyuumlordfAgraveEgravecentTHORNAiAgrave Auml zs Eacute AEligaringAtildevAgravePAgrave CregegraveordfEacuteAtildeDzs AgraveAumlcurrenPAgrave laquozAgrave AumlaringpoundAacuteaumlpoundAgrave vAgraveAvAgrave aeligeAacuteOtildepoundAgravezAgrave poundEacute gAgravelaquocurrenAzAgrave PEacute regordfAgrave AringcedilAgraveordfAgrave iAacuted WAacutevAgrave AumlPAgrave plusmnAgrave QUcircUAgravefrac14AgraveAuml ordfAgraveregsup1UAgravejUEacute C s AgravezAgrave aeligvEacuteAiAgrave AumlpoundAgraveAumlszligGAlAumlordfAgrave iAacuter vAgraveordfAgrave Aumlauml HgAgrave AumlUAgravefrac12UEacute ordfAacuteyenAgrave AacuteUAgrave AumlordfAgravecedilAgravecurrenszligordfEacuteAtildeplusmnAgrave cedilAgrave Egraveparatimessup1gAgraveAumlordfAgrave AringzAgraveAuml SEacuteAtildezAgravezAgrave cedilAgrave AUAgravew EAvAgraveordmAgravevAgraveAvAgrave aeligUAgravefrac12UEacute PEacuteregordfAgrave Aring ordfAgraveregsup1UAgravegAgraveAuml NUEacute AEliglAumlOuml EacuteAUAgravefrac14AgraveAEliggAgravepoundAgraveAumlszligvEacute AEliggEacutecentgAgrave AumlordfAgrave Agrave ASEacute aring AgravetUacutecentgAgravesectordmAgrave AumlzAgraveAuml DzAgravegEacute AgraveordfAgrave AumlcedilEacutearingAiAgraveAumlDfrac14AgraveordfAgravepoundAgrave Aumlszlig cedilAgravePAacuteethgAgraveordfAgrave Aring CjvAgrave AumlPEacute AEligfrac14Agraveicirc EacuteAtildePAgraveAuml cedilAgravePAacuteethgAgraveordfAgrave AringordfAgraveregcedilEacute PAacutelaquoAumlethPAgrave jUEacute laquozAacutearingyethUAgravefrac12UEacute cedilAgrave AEligPAgrave Ucirc s AgravezAgraveaeligvEacuteMzAgraveVcedilAgrave EacuteAtildePAgrave Auml PAacutepoundAgraveAEligpoundAgraveAuml cedilAgrave AumlordfAgrave aringordfAgrave Eacute Uuml cedilAgravePAacuteethgAgraveUAgravefrac14Agrave
cedilAacuteordfAgrave iAacutefPAgrave dordfAacuteumlAacuteYacutej PAgrave AEligqAgravepoundEacutegEacute gAacuteμ AgraveOumlccedilUAgravefrac14AgravepoundAgrave Aumlszlig zAgrave AEligparacedilAgrave AumlordfAgraveAringzAgrave AumlPEacutereg JcediliumlJAJcediliumlgAgraveordfAacutecurrensup1zAgrave ordfAgrave aringQUcircUAgravefrac14AgravepoundAgrave Aumlszlig cedilEacutegEacuteraquorAiAgrave AumlAumlordfAgrave AringzAgravejAzAgrave cedilAgraveordfAgraveAumlcedilEacute aringyen Agrave j ordm Aacute g Agrave ordf Aacute U Agrave Auml ordf Agrave Aring cent reg egrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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20
Estd 1916
Photo Feature
Photo Feature
Interactive Meeting with Mr Murugesh R Nirani Honrsquoble Minister for Large amp Medium Scale Industries Government of Karnataka
Mr R Shivakumar Senior Vice-President Lighting the inaugural lamp at the
3rd Annual Sustainability in Design amp Construction Summit 2012Seminar on Letter of Credit Transactions -
Operational Issues
Meeting with Mr Jagadish Shettar
Honrsquoble Chief Minister of Karnataka
Interaction with Justice MrDR Deshmukh
Chairman Company Law Board
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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Estd 1916
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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21
Estd 1916
Interactive Meeting with Mr Yogendra Tripathi IAS Commissioner of Commercial Taxes Government of Karnataka
Mr K Shiva Shanmugam President
at the Indian Academy Degree College
National Conference on Transition Effecting Changes organized
by the Garden City College
Launch of Kannada Cinema SMUGGLER
Jagrutha Vehicle Launch
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2640
26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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34
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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22
Estd 1916
FKCCI journal ldquoMysore Commercerdquo is being appreciated by the
of ficials of Indo - Japanese Association Karnataka function
Independence Day Celebrations at FKCCI
Karnataka Manufacturing Summit organizedby ASSOCHAM Bangalore UK delegation with Of fice bearers of FKCCI
Mr K Shiva Shanmugam President and Mr R Shivakumar Senior
Vice-President alongwith Opposition Leader Mr Siddaramaiah
Mr R Shivakumar Senior Vice-President Lighting the inaugural
lamp of Indo - Japanese Association Karnataka function
7232019 Fkcci Sept 2012
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23
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FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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7232019 Fkcci Sept 2012
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Estd 1916
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7232019 Fkcci Sept 2012
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30
Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
7232019 Fkcci Sept 2012
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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Estd 1916
FEDERATION OF KARNATAKA CHAMBERS OF COMMERCE amp INDUSTRY
SUB-COMMITTEES FOR THE YEAR 2012-13Sl
NoName of the Committee
Chairman Chairperson
Sriyuths
Executive Chairman Chairperson
Sriyuths
Co-Chairman Chairperson
Sriyuths
Advisor
Sriyuths
1 Administration amp Finance KShiva Shanmugam
2 Tourism
Directory
KShiva Shanmugam Tallam R Dwarakanath
PS Venkatesh Babu
3 Energy amp
Renewable Energy
MG Prabhakar M Prabhakar Naidu
S Ramesh
4 Central Taxes
Company Law
Economic Affairs
Banking Finance
ADR
Capital Markets
IS Prasad
Dr AS Vishnu Bharath
K Ravi
K Ramaswamy
5 State Taxes Sales Tax
Local Excise Duty
BT Manohar RC Purohit
6 Women Entrepreneurs amp
Committee on SAARC
Sri Lakshmi Kamath Rupa Rani S Babu
7 Committee on MANTHAN Uma Reddy
8 IT amp BT Raj Bhasin
9 Internal Trade Bharath Kumar R Shah K Anandam
17 International Trade
Business Research
EXIM Club
R Krishna
KM Pai
Manoj Palrecha
D Muralidhar
18 Industry-Large CR Janardhana J Crasta
19 MSME MC Dinesh
20 Corporate Affairs D Suresh Kumar
21 Membership
Local Association
Perikal M Sundar
Ramesh Chandra Lahoti Raj Purohit
KN Jayalingappa
10 APMC BL Shankarappa
11 Food Processing T Sai Ram Prasad
12 FKCCI AOL Business Conference
Committee
B Amarnath PS Venkatesh Babu
CK Sreenathan
S Babu
13 District Development(Zonal Districts)
(i) Bagalkot Belgaum U Kannada
(ii) Gulbarga Bidar Bijapur
(iii) Raichur Koppal Yadgir
(iv) Dharwad Haveri Gadag
(v) Shimoga Bellary Davangere amp
Chitradurga
(vi) Mandya Mysore Chamrajnagar
amp Hassan
(vii) Dakshina Kannada Udupi
Kodagu amp Chickmagalur
(viiii) Bangalore Rural Ramanagar
Chickballapur Tumkur amp Kolar
Sudhakar Shetty(Zonal District Chmn)
BS Basavaraj S Javali
Basawaraj Hadgil
Trivikram Joshi
DD Punekar
M Bharadwaj
HT Chandra Shekar
KB Girish Ganapathy
Sugnan Hiremath
(Zonal Dist Executive Chmn)
GG Hegde Kadekodi
BG Shetkar
Vishwanath Avanti
PD Shiroor
N Yashavanth Raj
A Jayasimha
G Parameshwaraiah
B Suresh
Zonal DistCo-Chmn)
Damodar Rathi
Guddodagi
Ashok Swami
CK Ramu
NH Jayantha
Prasadraj Kanchan
SS Patil
14 Civic Affairs amp PR Committee S Ejaz Ahmed Sait CaptMM Harish K Ramaswamy
15 Infrastructure Prakash Mandoth
16 Human Resources
IR amp PF
Skill Development
G Ramanand Ramkumarr Seshu
Sumitra Iyengar
Manandi N
Suresh
FKCCI Sub-Committees
7232019 Fkcci Sept 2012
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Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2840
28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
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PAacutelaquoAumlethPAgravegAgravepoundAgrave Aumlszlig QAtildefrac14AacuteV poundEacute AEligAtildeqAgrave AumlordfAgrave AringzAgrave Auml s AacutegAgravewAtildeAiAgrave AumlvEacuteUEacutepoundAacuteordfAgrave Aring sectUEacuteAiAgraveAumlAumlordfAgrave zEacuteAEligaelig AtildeordmAgraveordfAacuteUAgrave AumlvAgrave UcirczEacute poundAacuteordfEacuteregegrave MAzAgraveAumlJAsect sAacuteordfEacute EcircPAgravearingvEacuteUEacute s AgraveAUAgrave vAgravegAgrave AumlvAgrave UcirczEacute PAacutelaquoAumlethPAgravegAgrave Auml vAgraveordfAgrave AumlaumlPAgrave AumllAumlAsectPEacute Igrave PAgravefrac14Agrave AumlraquocedilAgrave AumlordfAgrave DyethPAgrave poundEacute gAgraveordfAgrave Aring cedilAacuteordfAgrave iAacutefPAgraveCcopyuumlordfAgraveEgravecentTHORNAiAgrave Auml zs Eacute AEligaringAtildevAgravePAgrave CregegraveordfEacuteAtildeDzs AgraveAumlcurrenPAgrave laquozAgrave AumlaringpoundAacuteaumlpoundAgrave vAgraveAvAgrave aeligeAacuteOtildepoundAgravezAgrave poundEacute gAgravelaquocurrenAzAgrave PEacute regordfAgrave AringcedilAgraveordfAgrave iAacuted WAacutevAgrave AumlPAgrave plusmnAgrave QUcircUAgravefrac14AgraveAuml ordfAgraveregsup1UAgravejUEacute C s AgravezAgrave aeligvEacuteAiAgrave AumlpoundAgraveAumlszligGAlAumlordfAgrave iAacuter vAgraveordfAgrave Aumlauml HgAgrave AumlUAgravefrac12UEacute ordfAacuteyenAgrave AacuteUAgrave AumlordfAgravecedilAgravecurrenszligordfEacuteAtildeplusmnAgrave cedilAgrave Egraveparatimessup1gAgraveAumlordfAgrave AringzAgraveAuml SEacuteAtildezAgravezAgrave cedilAgrave AUAgravew EAvAgraveordmAgravevAgraveAvAgrave aeligUAgravefrac12UEacute PEacuteregordfAgrave Aring ordfAgraveregsup1UAgravegAgraveAuml NUEacute AEliglAumlOuml EacuteAUAgravefrac14AgraveAEliggAgravepoundAgraveAumlszligvEacute AEliggEacutecentgAgrave AumlordfAgrave Agrave ASEacute aring AgravetUacutecentgAgravesectordmAgrave AumlzAgraveAuml DzAgravegEacute AgraveordfAgrave AumlcedilEacutearingAiAgraveAumlDfrac14AgraveordfAgravepoundAgrave Aumlszlig cedilAgravePAacuteethgAgraveordfAgrave Aring CjvAgrave AumlPEacute AEligfrac14Agraveicirc EacuteAtildePAgraveAuml cedilAgravePAacuteethgAgraveordfAgrave AringordfAgraveregcedilEacute PAacutelaquoAumlethPAgrave jUEacute laquozAacutearingyethUAgravefrac12UEacute cedilAgrave AEligPAgrave Ucirc s AgravezAgraveaeligvEacuteMzAgraveVcedilAgrave EacuteAtildePAgrave Auml PAacutepoundAgraveAEligpoundAgraveAuml cedilAgrave AumlordfAgrave aringordfAgrave Eacute Uuml cedilAgravePAacuteethgAgraveUAgravefrac14Agrave
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PAgrave AEligregAPAgrave Aumlμ Agrave vAgravecurrenSEacutenotAumlAzAgrave CpoundEacute AtildePAgravecedilAgraveAUAgravewUAgravefrac14Agrave Auml ordmEacuteAEliggAgravecopyAtildefrac14AgravesectordmAgraveAumlzAgrave AumlMnOumlpoundAgravedegegrave ordmEacute Atildefrac14Agrave AumlordfAgraveAringzAacutezAgravegEacutecedilAgravegEacute AEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute
cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
7232019 Fkcci Sept 2012
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30
Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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24
Estd 1916
Economic Review August 2012Economic Review - August 2012- Business Research Cell - FKCCI
First Quarter Review of Monetary Policy 2012-13
bull Statutory Liquidity Ratio of scheduled commercial bankshas been reduced from 240 per cent to 230 per cent of
their NDTL with effect from the fortnight beginning August
11 2012
bull Repo rate under the liquidity adjustment facility (LAF) hasbeen retained at 80 per cent
bull Reverse repo rate under the LAF determined with a spread
of 100 basis points below the repo rate remains at 70 percent
bull Marginal Standing Facility (MSF) rate determined with a
spread of 100 basis points above the repo rate stands at 90per cent
bull Bank Rate stands at 90 per centbull Cash Reserve Ratio of scheduled banks has been retained
at 475 per cent of their net demand and time liabilities
(NDTL)
Industrial Production June 2012
Indiarsquos Industrial production slipped into the negative territoryshowing -18 growth during June 2012 as compared to that
in June 2011 The cumulative growth for the period April-June2012-13 stood at (-)01 over the corresponding period of the
previous year The growth rates for the Mining Manufacturingand Electricity sectors for the month of June 2012 was 06
(-)32 and 88 respectively as compared to June 2011 Thecumulative growth in the three sectors during April-June 2012-
13 over the corresponding period of 2011-12 has been (-)11
Indiarsquos Industrial production slipped into the negative territory showing-18 growthduring June 2012 as compared to that in June 2011 The cumulative growth for the periodApril-June 2012-13 stood at (-)01 over the corresponding period of the previous year
Economics
IndustryJune
2011
June
2011
Apr-Jun
2012-13
Overall 95 -18 -01
Mining -14 06 -11
Manufacturing 111 -32 -07
Electricity 8 88 64
Table IIP Growth () over the cor respond ing period of
previous years
Source CSO
Base 2004-05=100
Commodity Groups Weight July 2011 June 2012 July 2012Build up infl ation
in 2012-13 All Commodities 100 936 725 687 236
Primary Articles
- Food
- Non-Food
- Minerals
2012
1434
426
152
1147
819
1577
2584
1046
1081
685
1449
1039
1006
1305
843
529
766
490
-641
Fuel amp Power 1491 1204 1027 598 -129
Manufactured Products
- Food
- Non-Food
(core inflation)
6497
997
5500
773
813
766
500
578
486
558
625
546
217
363
143
Table WPI Infl ation Year on Year (in percentage)
Source CSO
Base 2004-05=100
(-)07 and 64 respectively The production of capital goodsdecreased by 279 in June 2012 from that in June 2011 The
Consumer durables and Consumer non-durables have recordedgrowth of 91 and (-)10 respectively with the overall
growth in Consumer goods being 35
Monthly Inflation - Wholesale Price Index (WPI) July 2012
The Wholesale Price Index (WPI) for the month of July 2012declined to 687 from 725 in the previous month The
easing of in1047298ation was once again due to fall in fuel pricesFuel in1047298ation fell to 598 itrsquos lowest since December 2009
The WPI index for food articles through declined to 1006 in
July 2012 from 1081 in June still continues to worry withspeculations for further price rise owing to weak monsoon Core
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
PEacute eumlAtildevAgraveaeligzAgravedegegrave ordfAgraveregsup1UAgravegAgrave Agrave PEacute AEligqAgrave AumlUEacute CyenAacutegAgrave zEacuteAtildeplusmnAgravezAgrave Jregegrave zAgraveeEacuteethAiAgrave Auml ordfAgraveiAacutepoundAgraveordfAgrave cedilAgraveAyenAgravepoundAgrave AEligaumlregzAgrave cedilAgrave zAgrave acircfrac14AgravePEacutenotAumlAzAgrave ErAtilde gAacuteμ Agrave OumlccedilordfAgrave Aring CcopyuumlordfAgrave EgravecentTHORN ordmEacute AEligAzAgrave AumlordfAgrave AringzAgrave Auml zEacuteAtildeplusmnAgravezAgrave Jregegrave s AacuteUAgraveUAgravefrac14Agrave gAacutedaringzAgrave Jregegrave fmacrEacute egraveUAgravefrac14Agrave AiAgrave AumlAumlordfAgravedpoundAgravevEacute PAgrave AEligr
PEacuteregcedilAgrave ordfAgraveiAacuterzAacuteUAgrave yenAgrave aeligwAiEacute AEligAzAgrave Auml PAacuteAiAgrave AumlethPEacute eumlAtildevAgrave aeligordfAgrave Aring poundAgraveordfAgrave AumlaumlzEacuteAtildeplusmnAgravezAgrave lsquoCpoundEacuteAtildePAgravevEacute AiAgrave Aumldegegrave KPAgravevEacutersquo JAsect zs Eacute aringAtildeAiAgrave AumlordfAacutePAgrave aringordfAgravepoundAgrave AumlszligPAacuteAiAgrave AumlethgAgrave AEligyenAgravePEacute Igrave vAgravegAgrave AumlordfAgrave WAgrave lPAgraveUAgravefrac14AacuteV yenAgravejordfAgravevAgraveethpoundEacute ordmEacute AEligAzAgraveAumlordfAgrave AringzAgraveAuml gAacuteparaOumlccedilAtildeAiAgrave Auml LPAgrave aringvEacuteAiAgrave Auml zAgrave EgraveparatimesnotAumlAzAgrave cedilAacuteeacuteUAgravevAacuteordmAgraveeth laquoμ AgraveAiAgrave Auml EzAgravePEacute Igrave laquogAgrave AumlzAgrave THORNordfAacuteV ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravegAgravepoundAgrave Aumlszlig QAtildefrac14AacuteV poundEacute AEligAtildeqAgrave AumlordfAgrave AringzAgrave Auml s AacutegAgravewAtildeAiAgrave AumlvEacuteUEacutepoundAacuteordfAgrave Aring sectUEacuteAiAgraveAumlAumlordfAgrave zEacuteAEligaelig AtildeordmAgraveordfAacuteUAgrave AumlvAgrave UcirczEacute poundAacuteordfEacuteregegrave MAzAgraveAumlJAsect sAacuteordfEacute EcircPAgravearingvEacuteUEacute s AgraveAUAgrave vAgravegAgrave AumlvAgrave UcirczEacute PAacutelaquoAumlethPAgravegAgrave Auml vAgraveordfAgrave AumlaumlPAgrave AumllAumlAsectPEacute Igrave PAgravefrac14Agrave AumlraquocedilAgrave AumlordfAgrave DyethPAgrave poundEacute gAgraveordfAgrave Aring cedilAacuteordfAgrave iAacutefPAgraveCcopyuumlordfAgraveEgravecentTHORNAiAgrave Auml zs Eacute AEligaringAtildevAgravePAgrave CregegraveordfEacuteAtildeDzs AgraveAumlcurrenPAgrave laquozAgrave AumlaringpoundAacuteaumlpoundAgrave vAgraveAvAgrave aeligeAacuteOtildepoundAgravezAgrave poundEacute gAgravelaquocurrenAzAgrave PEacute regordfAgrave AringcedilAgraveordfAgrave iAacuted WAacutevAgrave AumlPAgrave plusmnAgrave QUcircUAgravefrac14AgraveAuml ordfAgraveregsup1UAgravejUEacute C s AgravezAgrave aeligvEacuteAiAgrave AumlpoundAgraveAumlszligGAlAumlordfAgrave iAacuter vAgraveordfAgrave Aumlauml HgAgrave AumlUAgravefrac12UEacute ordfAacuteyenAgrave AacuteUAgrave AumlordfAgravecedilAgravecurrenszligordfEacuteAtildeplusmnAgrave cedilAgrave Egraveparatimessup1gAgraveAumlordfAgrave AringzAgraveAuml SEacuteAtildezAgravezAgrave cedilAgrave AUAgravew EAvAgraveordmAgravevAgraveAvAgrave aeligUAgravefrac12UEacute PEacuteregordfAgrave Aring ordfAgraveregsup1UAgravegAgraveAuml NUEacute AEliglAumlOuml EacuteAUAgravefrac14AgraveAEliggAgravepoundAgraveAumlszligvEacute AEliggEacutecentgAgrave AumlordfAgrave Agrave ASEacute aring AgravetUacutecentgAgravesectordmAgrave AumlzAgraveAuml DzAgravegEacute AgraveordfAgrave AumlcedilEacutearingAiAgraveAumlDfrac14AgraveordfAgravepoundAgrave Aumlszlig cedilAgravePAacuteethgAgraveordfAgrave Aring CjvAgrave AumlPEacute AEligfrac14Agraveicirc EacuteAtildePAgraveAuml cedilAgravePAacuteethgAgraveordfAgrave AringordfAgraveregcedilEacute PAacutelaquoAumlethPAgrave jUEacute laquozAacutearingyethUAgravefrac12UEacute cedilAgrave AEligPAgrave Ucirc s AgravezAgraveaeligvEacuteMzAgraveVcedilAgrave EacuteAtildePAgrave Auml PAacutepoundAgraveAEligpoundAgraveAuml cedilAgrave AumlordfAgrave aringordfAgrave Eacute Uuml cedilAgravePAacuteethgAgraveUAgravefrac14Agrave
cedilAacuteordfAgrave iAacutefPAgrave dordfAacuteumlAacuteYacutej PAgrave AEligqAgravepoundEacutegEacute gAacuteμ AgraveOumlccedilUAgravefrac14AgravepoundAgrave Aumlszlig zAgrave AEligparacedilAgrave AumlordfAgraveAringzAgrave AumlPEacutereg JcediliumlJAJcediliumlgAgraveordfAacutecurrensup1zAgrave ordfAgrave aringQUcircUAgravefrac14AgravepoundAgrave Aumlszlig cedilEacutegEacuteraquorAiAgrave AumlAumlordfAgrave AringzAgravejAzAgrave cedilAgraveordfAgraveAumlcedilEacute aringyen Agrave j ordm Aacute g Agrave ordf Aacute U Agrave Auml ordf Agrave Aring cent reg egrave
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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25
Estd 1916
in1047298ation increased to 546 thereby pushing up the in1047298ation inmanufacturing group to 558 from 5 during the last month
Build up in1047298ation in the 1047297nancial year so far (April-July 2012)
was 236 compared to a buildup of 314 in the correspondingperiod of the previous year
Inflation based on Consumer Price Index (CPI) July 2012
Provisional annual in1047298ation rate based on all India general CPI(Combined) for July 2012 on point to point basis (July 2012
over July 2011) was 986 as compared to 993 (1047297nal) for
the previous month of June 2012 The corresponding provisionalin1047298ation rates for rural and urban areas for July 2012 were
976 and 1010 respectively The provisional annualin1047298ation rates of July 2012 for rural urban and combined in
respect of lsquofood and beveragesrsquo were 1133 1215 and1153 respectively In1047298ation rates (1047297nal) for rural and urban
areas for June 2012 were 965 and 1044 respectively
Indiarsquos foreign trade during July 2012
Indiarsquos exports for the month of July 2012 stood at USD 224billion compared to July 2011 when it stood at USD 263 billion
registering a decline of (-) 148 During July 2012 the imports
were USD 379 billion as compared to USD 411 billion in July
Category
Month
Rural Urban Combined
May lsquo12 1211 1191 1201
June rsquo12 1226 1205 1215
July rsquo12
(Provisional)
1238 1217 1227
Table Ju ly 2012 CPI for Karnataka
Source Ministry of Statistics amp Programme Implementation
Base 2010=100
2011 Balance of Trade stood at USD 155 billion during July
2012 as compared to USD 148 billion in July 2011The cumulative 1047297gure for the period of April-July 2012 shows
exports at USD 976 billion as compared to USD 1028 billionin April-July 2011 while the cumulative imports for April-July
2012 stood at USD 1532 billion as compared to USD 1638
billion in April-July 2011 The cumulative 1047297gure for the Balanceof Trade for the period of April-July 2012 stood at USD 556
billion as compared to USD 610 billion in April-July 2011
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 2940
29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
sup1UAgrave AumlordfAgraveAringzAgrave Auml zAgrave Aumlregeth s AgraveordfAacuteUAgrave AumlvAgrave UcirczEacuteraquoAtildeUAacuteV CcurrenordfAacuteAiAgrave AumlethordfAacuteV PEacuteregcedilAgraveordmAgrave AumlqAgrave AumlQPEacute AEligAqAgrave Auml yenAgravegAgrave Agrave Uumlfrac14AgraveUAgravefrac12UEacuteordfAgraveregcedilEacute CcurrenordfAacuteAiAgrave AumlethordfAacuteVzEacuteCμ Eacute OumlAtildePEacute PAgravepoundAacuteethlPAgravezAgrave CpoundEacute AtildePAgrave fmacrEacute egraveUAgravefrac14AgravedegegraveAiAgrave AumlAEligEAvAgraveordmAgravezEacuteAtilde yenAgravejsup1Uumlw EzEacute cedilAacuteordfAgraveeth s EumlordfAgrave Auml gAacuteμ Agrave OumlccedilordfAacutezAgrave s AacutegAgravevAgravezAgrave yenAgrave aeligwAiEacute AEligsectacirc yenAgrave aeligeEacuteUAgraveAElig zEacuteAtildeplusmnAgravezAgrave AiAgrave iAacuteordfAgraveAringzEacuteAtildes AacuteUAgravezAgravedegegrave poundEacute Eacute Agrave AumlordfAgrave ordfAgrave AumlvAgrave AumlUcirc zAgrave AumlrAiAgrave AumlAumlordfAgrave ordmAgravePAgrave AumlIgrave EzEacute
JAsectAumlzAgraveAuml UAgraveordfAgrave AumlpoundAacuteordmAgraveeth laquoplusmnEacuteAtildeμ AgraveordfAacuteV cedilEacuteAtildeordfAacute
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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26
Estd 1916
Karnataka Business NewsFederation of Karnataka Chambers of Commerce amp Indust ry has put the mechanism
in place to track the news concerning Karnatakarsquos Commerce amp Industry Information
is one of the most important instruments for the progress and development of
indust ry This column also facilitates to highlight the problems and issues concerning
the Karnatakarsquos Commerce amp Industry with focus for a possible remedial measures
FKCCI welcomes contributions to this column which will be suitable acknowledge
News
Since Global Investors Meet (GIM) 2010 where 389 projects
worth Rs392 lakh crore were cleared the actual investment1047298ow into Karnataka so far has been less than six per cent
According to 1047297gures given by Large and Medium Industries
Minister Murugesh R Nirani in the Legislative Assembly recentlywith regard to GIM 2010 only 40 projects with an investment
of Rs21178 crore have so far been implemented Also only24525 jobs have been generated as against the projected
employment of 73 lakh while 2218 acres of land have been
allotted as against the requirement of more than 77500 acresNirani gave the 1047297gures in reply to questions raised by T B
Jayachandra H C Mahadevappa Dinesh Gundu Rao RamalingaReddy and U T Khadar (all Congress) and Suresh Gowda (BJP)
GIM 2010 score
card Only 40 out of389 projects started
He said during GIM 2012 held in June this year Memorandumof Understanding (MoU) Expression of Interest (EoI) and
Registration of Interest (RoI) were entered into with 751
companies who have shown interest to invest about Rs72lakh crore The land required for 246 projects (751 companies)
cleared at GIM 2012 is 63569 acresldquoTimeline 1047297xed for implementing the projects will be initially
for a period of two years and extendable for a further period
depending upon the time required by each project and projectsbeing implemented by the project proponentsrdquo Nirani revealed
Stating that the state government is continuously reviewingimplementation of proposals signed in GIM-2010 and GIM-
2012 the Minister said an online module is being developedto monitor and facilitate these projects According to him
expenditure for GIM-2010 was Rs3273 crore With regard to
GIM-2012 payment to the extent of Rs1631 crore has beenmade as of last month-end and bills for another Rs18 crore are
under scrutiny
P Jayaram Hande General Manager Karnataka Bank has
informed that the Bank has achieved two milestones in the1047297nancial year 2011- 2012 that is by having crossed the
Rs50000 crore turnover mark and reached a network of
over 500 branches He was speaking at a recent press meet toannounce the reappointment of P Jayaram Bhat as the Managing
Director and Chief Executive of1047297cer of the BankLater Bhat informed that Karnataka Bank has secured lsquoA1+rsquo
Karnataka Bankrsquos
turnover traverses
Rs 50000 Cr mark
7232019 Fkcci Sept 2012
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Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
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PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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27
Estd 1916
BMM Ispat steels up Hospet plant
by 2 Mn tons annually
BMM Ispat the second-largest steelmaker in Karnataka has
ordered the core systems for an electrical steel plant from
Siemens VAI Metals Technologies including an electric arcfurnace specially designed for combined charging of hot metal
and direct-reduced iron The steelmaking plant is part of a newintegrated production complex at Hospet Karnataka and is
scheduled to go into operation at the end of 2013 The order
volume is a double-digit million euro 1047297gure At the beginningof the year BMM Ispat had ordered a 1047298exible bar mill from
Siemens for the same production siteThe Karnataka based steel major is currently expanding its
production capacity at the Hospet site by two million tons peryear At the new electrical steel works Siemens is projecting
and delivering the mechanical and electrical equipment for a
new electric arc furnace with a tapping weight of 110 tonnesa 110-tonne ladle furnace a vacuum degassing plant and the
alloying and additive systems The electric arc furnace is
specially designed for the combined charging of direct-reduced
iron (DRI) and hot metalThe electric arc furnace the ladle furnace the material
charging systems and other auxiliaries are being equipped witha dedusting system The scope of supply also includes the entire
Level 1 automation and process automation (Level 2) systems
furnace transformers and a dynamic compensation system StaticVar Compensator (SVC)
Siemens received the order from BMM Ispat at the beginningof 2012 as part of their integrated steel plant project a 1047298exible
bar mill in Hospet with an annual capacity of 850000 tonnesBy the end of 2013 the mill will roll reinforcing steel round
bars 1047298at and square bars angles and sections The crude steel
for these products will be produced in the new electrical steelworks
rating for its certi1047297cate of deposit programme from ICRA thusindicating highest quality rating to short term instrument The
Bank has also bagged the lsquoSpecial award for managing IT risksrsquo
instituted by Institute for Development and Research in BankingTechnology (IDRBT) established by Reserve Bank of India
The total business of the bank stood at Rs52329 crore andnet pro1047297t of the bank went up to Rs246 crore as on 31 March
2012 with the support of a highly dedicated team of more than6000 employees over 112000 shareholders and 61 million
plus clientele baseAt present Karnataka Bank has 891 service outlets (506
branches 3 extension counters and 382 ATMs) spread across 20
states and 2 Union Territories The Bank has plans to take theservice outlets to 1000 by end of March 2013 (550 branches
and 450 ATMrsquos) ldquoThe ambition is to surpass business turnover ofRs100000 crore ie deposits of Rs63000 crore and advances
of Rs47000 crore by March 2015 by having a clientele base ofover 10 million through 1500 service outletsrdquo Hande revealed
7232019 Fkcci Sept 2012
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28
Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
gAgrave gAacutedaringUAgrave frac12AzAgrave sectgAgrave AumlordfAgrave PAacutelaquoAumlethPAgrave gAgravepoundAgrave AumlszligPEacuteregcedilAgravePEacute Igrave poundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave icircregAuml CpoundEacuteAtildePAgrave
PAacutegAgravetUAgravefrac12ordfEacute ordfEacute AEligzAgraveregpoundEacuteAiAgrave AumlzAacuteV cedilAgrave Uumlfrac12AtildeAiAgrave Auml
PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave PAacutegAgravetUAgravefrac12AzAgrave PEacute regordfAgrave Aring ordfAgraveUAgraveethzAgrave plusmnAgrave aeliglaquoAumlPAgrave PEacuteregcedilAgraveUAgravefrac14AgravepoundAgraveAumlszlig currenordfAgraveethraquocedilAgraveregAuml DcedilAgravePAgraveUcircgAacuteVgAgrave AumlordfAgraveAringcentregegrave
PEacuteregordfEacute CcedilordfEacute Aumlauml ordmAgraveregordfAgrave Aring PEumlplusmnAgraveregaring s AgravejvAgrave GzEacute AEligaringAtildeUAgraveUAgravefrac12UEacutecedilAgrave Uumlfrac12AiAgrave AumlordfAacuteV PAacutelaquoAumlethPAgravegAgraveAuml reg s Agrave aringlaquogAgrave AumlordfAgrave Aringcentregegrave CAvAgraveordmAgravecedilAgraveAzAgrave s AgraveethUAgravefrac14Agravedegegrave CpoundEacuteAtildePAgrave PEacuteEcircUAacutejPAacute cedilAgrave AcedilEacute UumlUAgravefrac14AgraveAuml ordfAgraveregcedilEacute
PAacutelaquoAumlethPAgravejUEacute yenAacuteaeligplusmnAgrave AgraveUcirc aring currenAtilder CordfAgrave gAgravepoundAgraveAumlszlig PEacuteregcedilAgravePEacute IgravepoundEacuteAtildelaquoAumlsup1PEacute AEligfrac14Agrave AumlicircvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumlgAgrave Auml PEumllAumlAcopyPAgrave
MnOumlpoundAgravedegegrave ordmEacuteAtildefrac14Agrave AumlordfAgrave AringzAacutezAgravegEacute AgravegEacuteAEligAtildefcurren ordfAgrave Aumlraquopara ordfAgravegAgravecentAiAgrave AumlAvEacute Agrave Uumlfrac12AtildeAiAgraveAumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacuteAEligaringAtildeUAgravezAgravedegegraveyenAacuteaeligwcurrenzs Agrave aringvEacute laquoplusmnEacuteAtildeμ Agrave Dzs Agrave aringvEacute ordfAgrave AumlpoundAgrave szliguEacute AgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc EacuteAsectreg sup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave AgraveordfAgrave AumlAd Agrave ordfAgrave AumlvAgrave AumlUcirc CordfAgraveμ Agrave aringPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgravegAgrave PAgravepoundAgrave szligrUAgravegAgrave Auml zEacuteAtildeplusmnAgrave laquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAuml Agrave AumlwUcirczAacuteYacutegEacuteJAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml Aacutezs AgravearingordfEacuteAtilde ordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgrave AumlordfAgrave PAgravepoundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacute CordfAgravegAgravepoundAgrave AumlszligCdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgravewAiEacute AumlAtildepoundAgrave Auml DzAgrave YacutejAzAgrave AgraveordfAgrave AumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgrave Aumlszlig yenAgrave aeligxAgraveordfAgrave AumlDzAgrave aringvEacuteAiAgrave Auml ordfEacute AumlAtildegEacuteUEacute PAgravepoundAgraveszligrUAgravejUEacute ordfAgrave AumlvAgrave AumlUcirc Cregagrave CAplusmnAgrave ordfAgraveregsup1UAgravejUEacute currenAtildeqAgraveAumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave Auml
7232019 Fkcci Sept 2012
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29
Estd 1916
PAacutegAgravetUAgravefrac12UEacute gAgrave eEacute sectfrac14Agrave sup1PEacute AEligfrac14Agrave AumlicircordfAgrave yenAgraveaelig ordfEacute AumlAtildeAiAgrave AumlordfEacuteAtilde ordmEacuteZAgrave AumlNtilde JAsect GzEacuteAEligaringAtildeUAgravezAacutevAgravegAgrave Ccurrensup1PEacuteAiAgrave AumlAElig EgAgravesectordmAgrave AumlzAgrave AumlEAvAgraveordmAgrave cedilAgrave currenszligordfEacuteAtildeplusmnAgravezAgravedegegrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml gAacutedaringzAgrave PEacute EcircUAacutejPAacute PEacute eumlAtildevAgraveaeligzAgravedegegrave CzAgrave gAgraveregAEligegrave zEacute EcircraquoPAgrave yenAgravejplusmnAgrave aeligordfAgrave AumlzAgrave PEacuteregcedilAgrave s AgravezAgrave aeligvEacute ordfAgrave AumlAumlAvAacutezAgrave laquo sAacuteUAgrave zAgrave PEacuteregcedilAgraveUAgravefrac14Agravedegegrave ordmEacuteaNtildepoundAgrave cedilAgraveASEacute aringAiAgrave Aumldegegrave vAgraveordfAgrave AumlaumlpoundAgrave Aumlszlig vEacute AEligqAgraveVsup1PEacuteAEligArgAgrave AumlvAacuteUcircgEacuteCyethPAgrave Ccopyuuml ordfAgrave EgravecentTHORNAiAgrave Auml Claquo s Aacutedaring CAUAgraveordfAacutezAgrave ordfAgrave regcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml CpoundEacuteAtildePAgrave umlAacutej cedilAgraveordfAgrave iAacutedzAgrave PEacuteAUAgrave tAcirc UacuteUEacute UAgrave AumljAiAgrave iAacuteUAgraveAumlvAacuteUcircgEacute cedilAgraveUumlfrac12AtildeAiAgrave AumljAzAgrave GzEacuteAEligaringAtildeUAgrave PAgravesup1zAgraveAumlPEacuteAEligfrac14Agrave AumlicircvAacuteUcircgEacute JAsect DyenAacutezAgrave poundEacuteAiAgraveAumlAElig CordfAgravegAgrave ordfEacute AumlAtildemacrEacute ordmEacute AEligjcedilAgrave AacuteUAgrave AumlvAgrave UcirczEacute EAvAgraveordmAgrave yenAgravejsup1UumlwAiAgraveAumldegegrave CordfAgravegAgrave CcedilAgrave ordmAacuteAiAgrave AumlPAgravevEacuteAiAgraveAumlpoundAgrave Aumlszlig yenAgravejUAgravetpoundEacuteUEacute vEacuteUEacutezAgrave AumlPEacute AEligfrac14Agrave icirc EacuteAtildePAacuteUAgrave AumlvAgrave UcirczEacute s AacutegAgravevAgravezAgraveAvAgraveordmAgrave sectEgraveordmAgrave viumlgAacuteμ Agrave OumlccedilzAgravedegegrave Jregegrave gAacutedaringUAgrave frac14Agrave Kfrac12UEacute cedilAgrave ordfAgrave AumlyenAgraveethPAgraveordfAacuteVregegraveCpoundEacuteAtildePAgrave gAacutedaringUAgrave frac14Agravedegegrave poundAgraveUAgravegAgraveyenAgrave aeligzEacuteAtildeplusmnAgraveUAgravefrac14EacuteAtilde EregegravecentgAgrave AumlordfAgraveAringzAgrave Aumlsup2PAgrave eumlt cedilEumlreg s AgravearingzAgrave PEacute AEliggAgravevEacutesectqAgravevAgravepoundAgrave raquoAtildeUEacute CpoundEacute AtildePAgravePAacutegAgravetUAgravefrac12AzAacuteV AiAgrave AumlAumlordfAgravePAgravejUEacutevAgraveordfAgraveAumlauml cedilAgrave eacuteAvAgrave HgAgrave AumlUAgravefrac14Agravedegegrave PEacute regcedilAgrave
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cedilAacuteordfAgrave iAacutefPAgrave dordfAacuteumlAacuteYacutej PAgrave AEligqAgravepoundEacutegEacute gAacuteμ AgraveOumlccedilUAgravefrac14AgravepoundAgrave Aumlszlig zAgrave AEligparacedilAgrave AumlordfAgraveAringzAgrave AumlPEacutereg JcediliumlJAJcediliumlgAgraveordfAacutecurrensup1zAgrave ordfAgrave aringQUcircUAgravefrac14AgravepoundAgrave Aumlszlig cedilEacutegEacuteraquorAiAgrave AumlAumlordfAgrave AringzAgravejAzAgrave cedilAgraveordfAgraveAumlcedilEacute aringyen Agrave j ordm Aacute g Agrave ordf Aacute U Agrave Auml ordf Agrave Aring cent reg egrave
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
7232019 Fkcci Sept 2012
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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Estd 1916
Labour Force
- Dgiuml sup2ordfAgravePAgrave AumlordfAgrave iAacutegiuml raquojAiAgrave Auml GyenAacutezs Agrave aringPAgrave eumlgAgraveAuml Jyens iumlPEacutesup1sup1L
ordfAgraveregcedilEacute PAacutelaquoAumlethPAgravegAgrave Auml MAzAgrave Auml aAvAgravepoundEacute
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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39
Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
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29
Estd 1916
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cedilAgrave Uumlfrac12AtildeAiAgrave AumljUEacute PAgravepoundAgrave szligrUAgravejUEacute GzEacute AEligaringAtildeUAgravezAgravedegegrave yenAacuteaeligwcurrenzs AgravearingvEacutelaquoplusmnEacuteAtildeμ Agrave Dzs AgravearingvEacute ordfAgrave AumlpoundAgrave szliguEacute cedilAgraveordmAgravePAacutegAgrave ordfAgrave AumlvAgrave AumlUcirc Eacute Asectregsup1UAgrave EacuteAtildePAgrave Auml JpoundAgrave AumlszligordfAgrave AringzAgrave Auml CvAgrave aringAvAgrave cedilAgrave ordfAgrave AumlAdcedilAgrave ordfAgrave AumlvAgrave AumlUcircCordfAgraveμ AgravearingPAgravevEacute PAgrave AEligqAgrave DzAgravegEacute regPAacuteeumlAvAgrave gAgrave PAgrave poundAgraveszligrUAgravegAgrave Auml zEacuteAtildeplusmnAgravelaquozEacuteAtildeplusmnAgraveUAgravefrac14Agravedegegrave ordfAgraveregsup1UAgravegAacuteV PAgravevAgraveethordfAgrave aring curren s AacutenotAumlcedilAgrave AumlwUcirczAacuteYacutegEacute
JAsectAumlzAgravepoundAgrave Aumlszlig poundAacuteordfAgrave Aring ordfAgrave AumlgEacuteAiAgrave AumlregAuml cedilAacutezs Agrave aringordfEacuteAtildeordfAgrave AumlAumlA Eacute EcircpoundAgravedegegrave poundEacute Eacutesup1gAgraveAumlordfAgrave PAgrave poundAgrave szligrUAgravejUEacute CpoundAacutearingAiAgraveAumlordfAacutezAgravegEacuteCordfAgravegAgravepoundAgraveAumlszlig CdegegraveAiAgrave Auml dpoundAgravevEacute ordmEacute AEliggAgravezAgravecopyacirczAgravegEacute UAgrave wAiEacute AumlAtildepoundAgrave AumlDzAgrave YacutejAzAgrave cedilAgraveordfAgraveAumlvEacute AEligAtildedegvAgrave GzEacute AEligaringAtildeUAacuteordfAgravePAacuteplusmnAgraveordfAgravepoundAgraveAumlszligyenAgrave aeligxAgraveordfAgrave Auml DzAgrave aringvEacuteAiAgrave Auml ordfEacuteAumlAtildegEacuteUEacute PAgrave poundAgrave szligrUAgravejUEacute ordfAgraveAumlvAgrave AumlUcirc CregagraveCAplusmnAgrave ordfAgrave regsup1UAgravejUEacute currenAtildeqAgrave AumlordfAgrave AringzAgravegAgravedegegrave vAgraveyenEacute agraveAtildepoundAgrave AumlCdegegraveAiAgrave AumlordfAgravegEacuteUEacute Jregegrave s AacutegAgravewAtildeAiAgrave AumljUAgrave AElig PAgravepoundAgrave szligrUAgravegAgraveordfAgravewnotAumlAzAgrave lsquocedilAgrave AumlcedilAacuteeacuteUAgravevAgraversquoordfAgravepoundAgrave Aumlszlig PEacute AEligAtildegEacute AEligAtildetordfEacuteAtildeCordfAgravegAgrave AElig poundAgraveordfAgrave AumlaumlordfAgravegEacuteAtilde
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Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
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31
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Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
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Notification
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
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Estd 1916
7232019 Fkcci Sept 2012
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Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3040
30
Estd 1916
Mr S Ejaz Ahmed SaitChairman Civic Affairs amp
Infrastructure Committees
of FKCCI has been assigned
as the Director Marketing of
HIST INDIA (P) Ltd for their
Indian Operations
FKCCI is happy to announce that
Dr AS Vishnu Bharath
Executive Chairman
Banking Finance and ADR
Committees of FKCCI has
been nominated to serve
the International Taxation
Committee of ICAI
Flt Lt (R) KP NageshMember of the Managing
Committee of FKCCI has
been re-elected as President
of Karnataka Security
Services Association for the
term 2012-14
Congratulations
7232019 Fkcci Sept 2012
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31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
7232019 Fkcci Sept 2012
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32
Estd 1916
Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
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33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
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34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3140
31
Estd 1916
Events
UPCOMING BUSINESS EVENTSBelow are some of the forth coming business event of interest to our members These
informations have been gathered from various sources understood to be reliable
however we suggest that the schedule may be reconfirmed from organizers We will
also welcome such information on events of interest to our fellow members
Event Steel Tech Expo
Date 03 - 04 Sep 2012
Venue Oberoi Hotel Kolkata India
Organised by Steel Times International
Contact Tel 44-1737-855012
Highlights Steel Tech Expo will be presenting
an exhibitor profile with the likes of
professionals related to sectors such
as Pelletizing plants DRI production
Coal gasification Iron production Steel
production Furnace manufacture Iron
and steel equipment manufacture
Continuous casting Rolling Steel
Times International weekly newsletter
Automation Testing and analysis
Simulation and computation Iron plantoperations Steel plant operations
Environment management Pollution
control Financial institutions and all
others connected with the steel industry
Metallurgy and materials engineering
academics
Event Agritech Asia - Gujarat
Date 03 - 06 Sep 2012
Venue Mahatma Mandir Gandhinagar
Gujarat India
Organised by Radeecal Communications
Contact Tel +(91)-(79)-22151080
Highlights Agritech Asia-Gujarat is one the premier
trade shows in India that is concerned
with the sector of agriculture Held
over a period of three days renowned
companies will exhibit the latest
agricultural equipments and technology
such as agricultural equipment and
machinery livestock dairy farming
renewable energy
Event Kolkata Auto Expo
Date 06 - 09 Sep 2012
Venue Milan Mela Complex Kolkata India
Organised by R Creation Kolkata
Contact Tel +(91)-(33)-32025060
Highlights Exhibitor Profile includes-Vehicle
Manufacturer Passenger Car
Commercial Vehicles Three Wheelers
Two Wheelers Auto Component
Manufacturers Engine Parts Electric
Parts Driver Transmission Steering
Parts other Driver Transmission
Steering Parts Suspension and Braking
Parts Body Parts Air Conditioning
System Coach Builders
Event Hi-Tech Of fice Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by The Institution Of Engineers India Delhi
State Center
Contact Tel +(91)-(11)-23379948
Highlights Hi-Tech Of fice Expo Chandigarh will
display the products of the leading
companies There will be Of fice Furniture
Systems Workstations Panels Call
Centers Other Ergonomic and ModularSystems Conference Furniture
Meeting Boardroom and Training Room
Furnishings for Conference Purposes
Corporate Managerial Executive
Secretarial and Reception Seating and
Seating Groups and Lounge Furniture
Lounges Visitor Area Waiting Rooms
Benches Storage Systems Shelving
Cabinets Pedestals Drawer Files Wall
and Low Partitions Mobile Screen
Freestanding Furniture
7232019 Fkcci Sept 2012
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Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3340
33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3440
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Notification
7232019 Fkcci Sept 2012
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35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
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37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
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38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3240
32
Estd 1916
Event India International Pumps Valves amp
Compressor Expo Chandigarh
Date 07 - 09 Sep 2012
Venue Parade Ground Chandigarh India
Organised by Paramount Exhibitors
Contact Tel +91-172-2274801
Highlights The exhibitors of India International
Pumps Valves and Compressor Expo
Chandigarh will exhibit the latest
products and services including latest
equipments advanced technologies
improved generators batteries and
invertors medical equipments modern
designs and modern machine tools
Event Automation Mumbai
Date 07 - 10 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by I E D Communications Limited
Contact Tel +(91)-(22)-2207956722073370
Highlights Automation India is one of the most
comprehensive automation technology
industry related trade shows in India The
event is held at Mumbai and providesample opportunities for participants
to update themselves regarding the
latest updates and technological
innovations from this sector More than
682 well known exhibiting companies
take part in the event showcasing an
impressive collection of robotics tools
factory automation devices software
equipments hydraulic and pneumatic
instruments and many other associated
items The show had brought in over
33108 qualified visitors during its
previous edition and ranks among themost well attended business shows of
its kind in the country Participants can
attend the various business conferences
and seminars that are scheduled at
the show Noted industrial engineers
purchase managers technicians
and other senior industry personnel
participate in the event and topical
meeting sessions for distributors are
organized here too Foreign products are
displayed at the event as well
Event Electronica India amp Productronica India
Date 11 - 13 Sep 2012Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights Electronica India and Productronica
India ranks as one of the prime electrical
industry related trade shows in India
The event goes a long way in helping
participants get acquainted with all
the latest industry developments and
updates from this sector Attendees
have the opportunity to participate inthe highly topical business conference
sessions that are organized here
Event Automotive Electronics
Date 11 - 13 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by MMI India Pvt Ltd
Contact Tel +(91)-(22)-42554710
Highlights The exhibitors of Automotive Electronics
will exhibit the latest products andservices including latest auto parts
and electronics safety electronics and
modern engine accessories
Event Bengaluru Space Expo
Date 12 - 15 Sep 2012
Venue Bangalore International Exhibition
Centre (BIEC) Bengaluru India
Organised by Confederation Of Indian Industry
Contact Tel +(91)-(124)-4014060 4014061
Highlights Manufacturers of Space EquipmentComponents and Accessories Launching
Facilities providers IT for Space Space
Agencies Security Systems related
to Space Communication amp Telecom
Systems related to Space Space
Ground Support System Providers
Creative Industries Surveillance
Equipment Satellites Space Research
amp Development Automation for Space
Government Departments in Space
Technology
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3340
33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3440
34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3340
33
Estd 1916
Event Madhya Pradesh Industrial Expo
Date 14 - 16 Sep 2012
Venue M P Expo Facilitation Centre Gwalior
Organised by Confederation of Indian Industry Bhopal
Contact Tel 7869918717
Highlights Manufactures of Auto component
Machine tools Packaging amp labeling
equipments Safety amp security
equipments Automated machines
Industrial automobiles Heavy machines
amp equipments Industrial consumables
Green Technologies amp services Others
related to focus sectors Service
providers of Industrial MaintenanceSupport (Housekeeping Security
Canteen etc) IT Financial Credit rating
Consulting Educational amp Research
Institutions
Event China Sourcing Fair Electronics amp
ComponentsHardware amp Building
MaterialsBathroom Products-Mumbai
Date 20 - 22 Sep 2012
Venue Bombay Exhibition Center (BEC)
Mumbai Maharashtra India
Organised by Pico Event Management
Contact Tel +(65)-(6)-29401002905962
Highlights As the largest exhibition featuring
China-made products in India the
China Sourcing Fairs offers exhibitors
a perfect platform to meet face-to-
face with quality buyers from India and
neighboring countries Back to serve
buyers in India and neighboring markets
the China Sourcing Fairs Electronics
amp Components Hardware amp Building
Materials and Bathroom Products
returns to the Bombay Exhibition Centreon September 20 to 22 2012 The Fair
marks its fifth edition in Indiarsquos business
capital reflecting the strong demand for
China-made products in the region The
Mumbai Fair in November 2011 staged
a well-attended event with thousands
of buyers ready to update their product
line Convenient low-cost sourcing from
China- Source more productively as
you connect face to face with Chinarsquos
experienced suppliers in Mumbai
Inauguration of Circuit
Bench at ChennaiThe Circuit Bench of Appellate Tribunal for Electricity NewDelhi was inaugurated at Chennai on 16th August 2012 by HE
The Governor of Tamil Nadu Dr K Rosaiah The programme was
held at The Music Academy (Mini Hall) TTK Road RoyapettahChennai
Thiru Justice M Karpaga Vinayagam Honrsquoble ChairpersonAppellate Tribunal for Electricity New Delhi presided over the
function Honrsquoble Sri Rakesh Nath Member (Technical) AppellateTribunal for Electricity New Delhi welcomed the gathering
Felicitation Addresses was delivered by Sri ARaghotham Rao
Chairman Andhra Pradesh Electricity Regulatory CommissionSri KJ Mathew Chairman Kerala State Electricity Regulatory
Commission Sri MR Sreenivasa Murthy Chairman KarnatakaElectricity Regulatory Commission and Sri K Venugopal
Member Tamil Nadu Electricity Regulatory Commission
In his inaugural address HE Dr K Rosaiah congratulated theinitiatives taken by the Appellate Tribunal for Electricity New
Delhi for establishing the Circuit Bench in Chennai KolkataMumbai and said that with the establishment of Circuit Benches
the cases will be disposed early without delay and the decisions
would pave way for future plan of action and bring aboutuniformity in this sector
In his presidential address Thiru Justice M Karpaga Vinayagammade a mention of the efforts put in by Karnataka and in
particular FKCCI in getting the Circuit Bench establishedat Chennai He lauded the efforts in persuading the Honrsquoble
Union Minister Dr M Veerappa Moily in establishing CircuitBench either in Bangalore or Chennai He also explained thefunctioning of the Appellate Tribunal for Electricity and said that
regulatory system is made more meaningful and has helped theSouthern States to get justice at their door step
FKCCI was represented by Sri MG Prabhakar Chairman
Energy Committee and Sri S Rajashekar Secretary GeneralIn Charge FKCCI The 1047297rst hearing of the Circuit Bench at
Chennai took place on 17th August 2012
Federation of Karnataka Chamber of Commerce and Industry
is pleased to announce that in the recently held election
to the Executive Committee following Of fice Bearers
were elected to the Executive Committee of
All India Granites amp Stone Association for the term 2012-2014
Sri JB Surana
President
Sri S Krishna Prasad
General Secretary
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3440
34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3440
34
Estd 1916
Notification
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3540
35
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Manufacturing Activity
1 Ms Glue Farm (India) Pvt Ltd
No 16 5th Main Road Chikka Adugodi
Thavarekere Main Road
Bangalore-560029 Tel 25504889
Mob 9916908001 janagluefarmin
Manufacture
Small
Ordinary
Mr Janardhana Reddy
Mr Rajeshwari M
2 Ms Hygiya Products Pvt Ltd
No11 2nd Floor 14th lsquoArsquo MainBehind Alliance College N S Palya
B T M 2nd Stage Bangalore-560076
Tel 26684676 Mob 8884001261
rajanyahoocom
Manufacture
SmallOrdinary
Mr K R Rajan
3 Ms Indoflex Rubber
No 47 Banaswadi Road
Maruti Seva Nagar Opp Mukunda Theatre
Bangalore-560033 Tel 41121866
Mob 9845101018 infoindoflexin
Manufacture
Small
Ordinary
Mr Mohammed Anwar
Mr Waseem Anwar
4 Ms Pragati Biocare Pvt Ltd
No 55 amp 56 J C Industrial Area
Near Vinayaka Temple Yalachenahalli
Bangalore-560062 Tel 26860519Mob 8880777168 infobionovacoin
Manufacture
Small
Ordinary
Mr Sudhir Jain
Mrs Amrita Tripathi
5 Ms Richcore Lifesciences Pvt Ltd
Plot No 204 amp 237 Bommasandra
Jigani Link Road KIADB Indl Area
Bangalore Rural District
Bangalore-560105
Manufacture
Small
Ordinary
Mr Subramani
Ramachandrappa
Mr Krishna Kalyan T D
6 Ms Tejkamal Pharmaceuticals (P) Ltd
Survey No 62 Aladahalli Village
Somapura Hobli Nelamangala Taluk
Bangalore Rural-562111
Manufacture
Small
Ordinary
Mr Vipin Kumar
MediumLarge Scale Manufacturing Activity
7 Ms Closure Systems International (I) Pvt Ltd
Survey Number 35 amp 36 Soukya RoadKacherkanahalli Hosakote Taluk
(Bangalore Rural)
Bangalore-560067
Tel No 30943500 Mob 9591992922
sunilsharmaesiclosurescom
Manufacture
LargeOrdinary
Mr Sunil Sharma
Mr Ganesh Shetty
8 Ms Kalyani Gerdau Steels Ltd
304305 World Trade Centre Bangalore
Brigade Gateway Complex
261 Dr Rajkumar Road (West)
Malleshwaram Bangalore-560055
Tel 30262205
devassykuttykalyanigerdaucom
Manufacture
Large
Ordinary
Mr Arvind Swarup Mathur
Mr R Visweswaran
Mr A Mukherjee
Applications received towards Ordinary amp Patron
Membership for the month of July amp August 2012
Membership
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3640
36
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
MediumLarge Scale Manufacturing Activity
9 Ms Sidhi Vinayaka Fab Engineering Pvt Ltd
No 206 11th Main 3rd Phase
Peenya Industrial Area
Bangalore-560058 Tel No 28390891
Mob 9845583969 sveairtelmailin
Manufacture
Large
Ordinary
Mr Sridhar
Mr Mohamad Basheer
Ahmed
10 Unique Green Energy Technologies (P) Ltd
Sy No 83 Kachanahalli Village
Kasaba Hobli Budhihal Nelamangala Taluk
Bangalore-562123 Tel 27733777
Fax 27733776 ugetamcgmailcom
Manufacture
Large
Ordinary
Mr Reddy Bhaskar
Mr Karunakar Reddy
Mr Visweswara Reddy
Small Scale Trading Ac tivit y
11 Ms Andanur Shivalingappa amp Co
No 29951 7th Main 4th Cross
M C C ldquoBrdquo Block Davangere-577004
Tel 08192-220173 Mob 9448666538
andanurmuppannagmailcom
Trade
Small
Ordinary
Mr Andanur Muppanna
12 Ms Ashwini Traders
551 10th Cross BDA Land
APMC Yard Yeswanthpur
Bangalore-560022 Tel 22874866
Mob 9845468000
shahbharathgmailcom
Trade
Small
Ordinary
Mr Bharath Kumar R Shah
Mr Suryakant R Shah
13 Bangalore Industrial Trading Company
Unit 209210 2nd Floor Tulsi Chambers
No 12 K H Road Shanthi Nagar
Bangalore-560027 Tel 22113726Mob 9591008873 bitcoblrgmailcom
Trade
Small
Ordinary
Mr Sadatulla Syed
Mr Amr Syed
14 Ms Imran Enterprises
No 321 B O K Road
Bangalore-560002 Tel 41243988
imranenterprisesgmailcom
Trade
Small
Ordinary
Mr Aslam Pasha
Mr Irfan Pasha
15 Ms Maxil International Trading amp
Marketing Private Ltd
No 45 Millerrsquos Road Opp Konica Photo
Studio Gangappa Complex
Ground Floor Vasanth Nagar
Bangalore-560052 Tel 40977260
Mob 9964009335
maxilmaxilinternationalcom
Trade
Small
Ordinary
Mr Sarfraz Abbas M
16 Ms Rama Wood Works
No 262 Seppings Road
Shivaji Nagar
Bangalore-560001 Tel 25572329
Mob 9740092927
Trade
Small
Ordinary
Mr V Shivaram
17 Ms R R Imaging Company
No F-10 White House 1st Floor
St Marks Road Opp SBI
Near Bishop Cotton Girls School
Bangalore-5600001 Tel 22218818
Mob 9448482550
rrsurgicalsgmailcom
Trade
Small
Ordinary
Mr Atul S Gala
Mrs Rita A Gala
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3740
37
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Trading Ac tivit y18 Ms Sri Balaji Power Systems
34-141 4th Cross N R Road
(Kumbargundi Road) Kalasipalyam
New Extn Near S J P Police Station
Bangalore-560002 Tel 22103455 88
Mob 9845067745
balajigensentrediffmailcom
Trade
Small
Ordinary
Mr J R Balakrishna
Mr Usha Rani
19 Ms Suvarna Hybrid Seeds (P) Ltd
No 173 NHIG-B KHB 3rd Block
5th Stage Yelahanka New Town
Bangalore-560064 Tel 32987062
Mob 9341231422
suvarnahgsgmailcom
Trade
Small
Ordinary
Mr N V Patil
Small Scale Service Acti vity
20 Ms Wise I Pens
Apoorva Renewable Energy Products
Apoorva Castle 8th Main
4th Cross Sapthagiri Layout
Vidyaranyapura Bangalore - 560097
Tel No 41636595 Mob 9739203003
surbuild2001yahoocoin
Service
Small
Ordinary
Mr A V Suresh Babu
Mr A S kuldeep
21 Ms EDC Creative Technology Solutions Pvt Ltd
EDC Conlave Jeevith Gardens
Off ITPL Road Besides Brookefields
Bangalore - 560 037
Tel 28542070 Mob 9663371962
anandraghavedcindiacom
Service
Small
Ordinary
Mr Ravi Kumar R
Mr R Sasi Kumar
22 Ms Hiremap IT Consultants
No 11 GD Street Opp Golden
Nest Apartment Behind
Anugraha Texlites Adugodi
Bangalore - 560 030
Mob 953831957
bharathivhiremapitconsultantscom
Service
Small
Ordinary
Mrs Bharathi V
23 Ms Kognsance Management
Consulting Pvt Ltd
No 183 1 Main C I L Layout
R T Nagar Bangalore - 560 032
Mob 9611347751
contactuskognosancecom
Service
Small
Ordinary
Mr Karthik
Mrs Swetha Rao
24 Ms Locus IT Services Pvt Ltd
No 3233 East Park Road
18th Cross Malleshwaram
Bangalore - 560 055 Tel 23366912
rohithklocusitcom 9980877311
Service
Small
Ordinary
Mr Rohith K P
25 Ms Maverik Facility Mangement Pvt Ltd
No 19 amp 20 Lakshmi Sadan
Lind Cross 1st Floor
Nehru Nagar Seshadripuram
Bangalore - 560 020
Tel 23466199 Mob 9845075838 7353307227
infomfmcoin nagarajmfmcoin
Service
Small
Ordinary
Mr Nagaraj K B
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3840
38
Estd 1916
Sl
NoName amp Address Category Membership Name of the Representative
Small Scale Service Acti vity26 Ms Naidruva Associates
No 14 2nd Floor H B Samaja Link Road
Gandhi Bazar Bangalore - 560 004
Mob 9844476679 naidruvagmailcom
Service
Small
Ordinary
Mr Sheshadri
27 Ms Toqsoft Technologies
No 955 14th Cross 8th Main
Lakkasandra Extension Wilson Garden
Bangalore - 560 030 Tel 41497179
Mob 9343715466 tanveertoqsoftcom
Service
Small
Ordinary
Mr Tanveer Ahmad
Mr Ashif Ahmad
28 Ms Trans Trades
No 201 Krishna 8311 Sundher Residency
Ramarao Layout Kathriguppe Banashankari
3rd Stage Bangalore - 560 085 Tel 26798314Mob 9845698426 biztranstradescom
Service
Small
Ordinary
Mr Prasad Krishna Murthy
Mrs Geetha Alur
Small Scale Service Activity Patron
29 Ms Sri Venkateshwara Engg Works
No 23 Tank Bund Road Near Minerva Circle
Bangalore-02 Tel 26708344 Mob 9844067038
hiresrivenkateshwarageneratorscom
Service
Small
Patron
Mr C V Jayaram
Mr C V Somshekar
Service Large Ordinary
30 Ms Ramanashree Shopping Arcade Pvt Ltd
No 161 Ramanashree House Raja Ram Mohan
Ray Road Bangalore - 560 025 Tel 41350000
Mob 9880035250 reserveramanashreecom
Service
Large
Ordinary
Mr Veerendra Shadakshari
Mr S Shadakshari
Service Large Patron
31 Ms Renaissance Holdings amp Development Pvt Ltd
No 50 17th Cross 8th Main
Malleswaram Bangalore - 560 055
Tel 42417000 Mob 9845195980
arunrenaissanceholdingscom
manjularenaissanceholdingscom
Service
Large
Patron
Smt Sharada Ramanj
Mr V Sudhama
Mr K Arun
32 Ms Royal Orchid Hotels Ltd
No 1 Golf Avenue Djoining KGA Golf Course
Old Airport Road Bangalore - 560 008
Tel 40612345 Mob 9902000098
cosecroyalorchidhotelscom
Service
Large
Patron
Mr C K Baljee
Mr Shekhar Bhargava
Mr Arvind Razdan
Profession
33 Ms Guru amp AssociatesShop No 5 amp 6 Dev Complex
1st Floor Kalamma Street Bellary - 583101
Tel 08392-274876 Mob 9448074876
guru_gs321yahoocoin
ProfessionOrdinary Mr B C Guru Swamy
34 Ms Lawnest
ldquoAdityardquo 561 1st Floor 4th Cross Link Road
Malleshwaram Bangalore-560 003 Tel 41141944
Mob 9535119189 vidyavakilgmailcom
Profession
Ordinary
Mrs Vidhya Nuti
Mr Raghavendra S
35 Ms Pundarikaksha amp Company
No 2357 41st Cross 2nd Floor
East End lsquoCrsquo Main Road 9th Block
Jayanagar Bangalore-560069
Profession
Patron
Mr Pundarikaksha
Mr Harsha K M
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 3940
39
Estd 1916
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4
7232019 Fkcci Sept 2012
httpslidepdfcomreaderfullfkcci-sept-2012 4040
Estd 1916
Registered
KARBA L No6745997 (Regn No CPMGKABGS-343(2012-14) Posted at Mail Bu siness Centre Bang alore GPO Bangalor e - 560 001 on 5th o f every mont h Rs 20 Pages 36+4