CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

65

Transcript of CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Page 1: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration
Page 2: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

2 | October 2015 Communiqué

Edited, printed and published by Chandrajit Banerjee, Director General, CII, on behalf of Confederation of Indian Industry from The Mantosh Sondhi Centre, 23, Institutional Area, Lodi Road, New Delhi-110003, Tel: 91-11-24629994-7, Fax: 91-11-24626149, Email: [email protected], Website: www.cii.inPrinted at Lustra Print Process Pvt. Ltd., K No. 51/21, Rohad, Bahadurgarh (Haryana), PIN Code-124507 Registration No. 34541/79

JOuRNAL OF THE CONFEDERATION OF INDIAN INDuSTRy

We welcome your feedback and suggestions. Do write to us at [email protected]

Contents

23 US-India Partnership A CII delegation visited USA to take the

US-India bilateral partnership forward. Later, coinciding with the first-ever US-India Strategic and Commercial Dialogue, CII organized several programmes in Washington DC.

09 Cover Story Catalyzing Growth in South Asia through

economic Integration The 1st edition of the South Asia Economic

Conclave stimulated informed discussion to catalyze higher growth and new job opportunities to help achieve inclusive growth through deeper economic integration of South Asia.

15 SPotlIGht North India: Investment Potential

The 4th edition of the flagship CII Invest North 2015 Conclave, organized by CII Northern Region in New Delhi, showcased investment opportunities in the Northern States and provided a platform for domestic and international corporates to engage with Chief Ministers, Industry Ministers, Chief Secretaries, and other senior Government officials of the Northern States.

27 foCUS towards Swachh Bharat CII, in partnership with CPR, organized a conference

to enable and strengthen efforts towards effective and prompt delivery of the Swachh Bharat Mission.

39 mANUfACtUrING CSR - Impacting People, Transforming Lives

The seminar showcased the efforts and initiatives of Industry towards ensuring inclusive development.

Volume 37 No. 10 October 2015

Page 3: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

4 | October 2015 Communiqué

newsmaker

the ‘Assessment of State Implementation of Business Reforms’ Report, capturing the findings of an assessment of reforms implementation

by the States was released on 14 September in New Delhi. The assessment was conducted jointly by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, the World Bank Group and KPMG as the knowledge partner, and facilitated by the Confederation of Indian Industry (CII), and the Federation of Indian Chambers of Commerce and Industry (FICCI).

The first-of-its-kind assessment was conducted to take stock of the reforms implemented by different States in the period between 1 January to 30 June 2015, based on the 98-point action plan for business reforms agreed upon between the DIPP and the State and Union Territory Governments in December 2014.

According to the assessment, Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Odisha and Rajasthan have implemented over 50% of the 98-point action plan for business reforms studied in the assessment. Karnataka, Maharashtra and Uttar Pradesh are also among the top 10 States in the

‘Assessment of State Implementation of Business reforms’the ‘Assessment of State Implementation of Business reforms’

report is expected to drive cooperative federalism towards making

doing business in India easier and simpler

assessment. No State has implemented 75% or more of the proposed reforms.

The assessment recognizes the fact that most States have already embarked on ambitious reform programmes or have expanded their on-going reform efforts since the announcement of the 98-point action plan.

The assessment has identified good practices on different parameters. For example, Punjab leads in the area of ‘Setting up a Business,’ as it offers an online single window system for registrations and licenses that cover most of the regulatory services in the country. Andhra Pradesh and Chhattisgarh have also made significant progress in this area.

Maharashtra, followed by Gujarat and Madhya Pradesh, was ranked highest in ‘Obtaining Infrastructure-related Utilities,’ with clearly-defined timelines for electricity, water and sewage connections, and a reformed electricity connection application process. Similarly, Karnataka received the highest score for ‘Registering and Complying with Tax Procedures,’ due to its comprehensive automation and process reengineering efforts. Jharkhand leads the country in ‘Carrying out Inspections,’ since its labour management

Shihab Ansari Azhar, Operations Officer – Trade & Competitiveness, World Bank Group; Arbind Prasad, Director General, FICCI; Shatrughna Singh, Additional Secretary, DIPP, Ministry of Commerce & Industry; Sunil Kant Munjal, Past President, CII, Chairman, CII Task

Force on Ease of Doing Business, and Chairman, Hero Corporate Service Ltd; Chandrajit Banerjee, Director General, CII, and Jaijit Bhattacharya, Partner, KPMG India, at the launch of the ‘Assessment of State Implementation of Business Reforms’ Report, in New Delhi

Page 4: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

6 | October 2015 Communiqué

system implementation has also focused on inspections reform.

States across the country have made good progress in general tax reforms like mandating e-registration for Value-added Tax (VAT) and Central Sales Tax (CST); allowing online payment and filing of returns for various State taxes; providing e-filing support through service centres and helplines; and risk-based tax compliance inspections. 29 States allow VAT to be paid online, and 28 States allow CST to be paid online. While most States allow e-filing of VAT and CST, 21 have established helplines for users, 25 States have defined timelines for VAT registration, and 21 have defined timelines for CST registration.

The report also flags a multitude of reforms that still need to be implemented effectively by most States. A majority of States are yet to begin implementing electronic courts to resolve commercial disputes, i.e. infrastructure to allow for e-filing of disputes, issuance of e-summons, online payments, e-cause lists and digitally signed court orders. 26 States are yet to introduce reforms along a wide range of labour inspections under various acts, or on inspections related to building permits. Around 25 States lack online availability of information on land banks, and use of Geographic Information Systems (GIS) to track industrial land parcels.

The report also highlights the need to properly communicate, monitor and evaluate these reforms, to ensure that their impact is being felt on the ground.

Data for the assessment was collected through a structured questionnaire that was sent to each State and Union Territory Government. The responses were validated through a series of in-depth workshops with State Government representatives. Supporting evidence on each of the parameters of the questionnaire was also collected. The evidence collected consists of rules, notifications, circulars, website screenshots and a variety of other documents provided by the State Government or found online, to prove conclusively that the State meets the requirements of the assessment. Following the completion of the data collection and State visits, the data was evaluated in detail jointly to ensure that the same yardstick was applied to measure progress for all States.

This Report is expected to drive cooperative federalism and enable the States to become key champions in making India an extremely easy and simple place to do business in.

the rankings

rank State Score

1 Gujarat 71.14%

2 Andhra Pradesh 70.12%

3 Jharkhand 63.09%

4 Chhattisgarh 62.45%

5 Madhya Pradesh 62.00%

6 Rajasthan 61.04%

7 Odisha 52.12%

8 Maharashtra 49.43%

9 Karnataka 48.50%

10 Uttar Pradesh 47.37%

11 West Bengal 46.90%

12 Tamil Nadu 44.58%

13 Telangana 42.45%

14 Haryana 40.66%

15 Delhi 37.35%

16 Punjab 36.73%

17 Himachal Pradesh 23.95%

18 Kerala 22.87%

19 Goa 21.74%

20 Puducherry 17.72%

21 Bihar 16.41%

22 Assam 14.84%

23 Uttarakhand 13.36%

24 Chandigarh 10.04%

25 Andaman and Nicobar Islands 9.73%

26 Tripura 9.29%

27 Sikkim 7.23%

28 Mizoram 6.37%

29 Jammu and Kashmir 5.93%

30 Meghalaya 4.38%

31 Nagaland 3.41%

32 Arunachal Pradesh 1.23%

newsmaker

Page 5: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

8 | October 2015 Communiqué

the 1st Safe food Walkathon, taking forward the Surakshit Khadya AbhiyanTM a national campaign to

Strengthen Food Safety in the country by raising awareness and strengthening capacity-building on food safety practices and system standards, was flagged off by Mr Satyendra Jain, Minister of Health, Industry and Power, NCT of Delhi, with more than 2300 participants, including senior citizens and people from all walks of life, on 4 October in New Delhi.

There were several parallel activities such as Nukkad Nataks and experience-sharing by street food vendors, a skit by the Jago Grahak Jago team of VOICE, a painting competition, I-pledge wall and a thematic performance on Food Safety by Funkaar Artists.

The Abhiyan was launched by the Ministry of Consumer Affairs, Food & Public Distribution in July 2015. Consumer Body VOICE, the National Association of Street Vendors of India (NASVI), and Cargill India are the national partners of the CII Jubilant Bhartia Food and Agriculture Centre of Excellence (CII FACE) in this mission to expand and connect with consumers, street food vendors and Industry, and engage all stakeholders to catalyze sensitization and capacity-building on food safety to deliver safe food of global standards and boost domestic trade and export.

CII has also formed the Surakshit Khadya Abhiyan

Steering Committee with members from NASVI, VOICE, Cargill and other Industry representatives, led by Mr S Dave, Chairman, Surakshit Khadya Abhiyan. The Committee, which sets directions and reviews progress on the deliverables, is supported by working groups. One Working Group is actively working out the modalities of involving schools, colleges and academic institutes in Food Street adoption programmes to make street food safer.

The three priority segments identified for Phase 1 are consumers, food business operators and street food vendors. Phase 1 intends to:

• Adopt 100 street food vendors across the country

• Build awareness on food safety among 10,000 consumers

• Build capacity by training employees of 300 SMEs on food safety

• Involve 4 colleges in each of the identified 5 cities to participate in the Surakshit Khadya Abhiyan

The Delhi Walkathon will be followed by 7 more Safe Food Walkathons and more than 20 consumer advocacy programmes across the country in cities like Bangalore, Lucknow, Kolkata, Mumbai, Pune, Ahmedabad, Jamshedpur, Chennai and many others, in the next six months.

The next Walkathon will be held in Lucknow on 29 November.

Walking for Safe food

‘With heightened consumer demand for safe and unadulterated food, food safety and hygienic practices is the need of the hour. We need to focus on the safety of Street Food which is enjoyed by all sections of the society. The Delhi Government plans to implement a surveillance programme over the next three months to check adulteration and to take effective steps to protect the health of consumers.’

Satyendra Jain, Minister of Health, Industry and Power, Government of

NCT of Delhi

newsmaker

Surakshit Khadya Abhiyan Safe Food Walkathon in New Delhi

Satyendra Jain, Minister of Health, Industry and Power, Government of NCT of Delhi, flagging off the Safe Food Walkathon, in

New DelhiSurakshit Khadya Abhiyan Pledge taking Ceremony

Page 6: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 9

Suresh Prabhu, Minister of Railways, India; Suraj Vaidya, President-Designate, SAARC Chamber of Commerce and Industry, Nepal; Annette Dixon, Vice President, South Asia, the World Bank; Chandrajit Banerjee, Director General, CII; Sunil Kant Munjal, Past President,

CII, Chairman, Steering Committee, South Asia Economic Conclave, and Chairman, Hero Corporate Services, and Dr Diwesh Sharan, Deputy Director General, Asian Development Bank, at the South Asia Economic Conclave in New Delhi

the 1 st ed i t ion o f t he South Asia economic

C o n c l a v e ( S A E C ) was organized by CII in par tnership wi th the Depar tment o f Commerce, Ministry of Commerce and Industry, India, and counterpart business associations of South Asia, with support from the World Bank Group from 28 - 30 September in New Delhi.

With the theme of ‘Achieving Inclusive Growth through

D e e p e r E c o n o m i c Integration,’ the Conclave was held to stimulate i n f o r m e d d i a l o g u e between the private sector and Government to promote regional trade and investment, to ca ta lyze h igher growth and new job opportunities and help achieve inclusive growth

through deeper economic integration of South Asia.

Over 300 delegates from all eight South Asian countries participated in the Conclave, which was addressed

Catalyzing Growth in South Asia through economic Integration

Dr Sanjay Kathuria, Lead Economist, South Asia Regional Integration, The World Bank; Dr C Raja Mohan, Head – Strategic Studies, and Distinguished Fellow, Observer Research Foundation, India; Lyonpo Norbu Wangchuk, Minister of Economic Affairs, Bhutan; Tofail Ahmed,

Minister of Commerce, Bangladesh; Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce & Industry, India; Sunil Bahadur Thapa, Minister of Commerce and Supplies, Nepal, and Abdulla Jihad, Minister of Finance, Maldives

cover storyindia & the world

Sunil Kant Munjal; Nitin Gadkari, Minister of Road Transport and Highways, India, and Chandrajit Banerjee

Page 7: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

10 | October 2015 Communiqué

by Ministers from six South Asian countries, as well as experts from diverse fields including Industry, think tanks, policymakers, multilateral organizations, and media and entertainment leaders.

The SAARC member nations would benefit exponentially by deepening regional cooperation in Agriculture which is the main source of livelihood for a majority of the region’s population, said Mr Suresh Prabhu, Minister of Railways, India, at the Inaugural Session. He called for deeper regional cooperation in energy development, especially renewables like hydropower, wind energy, etc, citing the example of how Bhutan is now exporting hydropower to India in a win-win arrangement. He also urged Governments in South Asia to promote the documentation of traditional knowledge, especially with respect to biodiversity.

Ms Annette Dixon, Vice President, South Asia, The World Bank, said that closer regional cooperation would not only deliver economic benefits to the people but also help the member States deal with natural disasters more effectively. The private sector, including SMEs, could catalyze the region’s economic progress through FDI, she said.

Mr Sunil Kant Munjal, Past President, CII, Chairman, Steering Committee, SAEC, and Chairman, Hero Corporate Services, suggested that the South Asian countries could consider developing a regional ‘Ease of Doing Business’ ranking index, to help regional economies in their growth process.

the Power of 1.6 Billion: A Blueprint for ProsperityMs Nirmala Sitharaman, Minister of State ( Independent Charge) of Commerce and Industry, India, said that re-integration would gain traction as the regional economies do away with the negative lists for bilateral

trade. After India extended the Duty Free Quota Free facility to the least developed countries in South Asia, exports from these countries to India have increased, she said, underlining the need for the region to establish free trade areas.

Ms Sitharaman urged the regional governments to prepare a roadmap for establishing a South Asian Development Bank.

Mr Tofail Ahmed, Commerce Minister of Bangladesh, urged countries of the region to take active measures to bring down the tariff and non-tariff barriers that limit the expansion of regional trade.

If the European Union can achieve deep economic integration, so can South Asia, declared Mr Sunil Bahadur Thapa, Minister of Commerce and Supplies, Nepal.

The road to regional prosperity lies in facilitating seamless movement of goods, capital and people across the entire region, said Mr Lyonpo Norbu Wangchuk, Minister of Economic Affairs, Bhutan.

Mr Abdulla Jihad, Minister of Finance, Maldives, urged the SAARC Governments to find ways to accelerate regional trade flows.

While Dr Sanjay Kathuria, Lead Economist, South Asia Regional Integration, World Bank, spoke about the steps needed for the region to achieve the intra-regional trade target of $100 billion in the next 5 years, Dr C Raja Mohan, Head – Strategic Studies and Distinguished Fellow, Observer Research Foundation, India, provided a historical and political background to the regional trade scenario.

The private sector has a key role in furthering South Asian intra-regional trade and economic integration, said Mr Chandrajit Banerjee, Director General, CII.

Beatriz Leycegui Gardoqui, Former Undersecretary for Foreign Trade, Ministry of Economy, Mexico, and Partner, SAI Law & Economics, Mexico; Prof Abdul Wassay Haqiqi, Senior Advisor, Afghanistan Chamber of Commerce & Industry; Dr Arvind Subramanian, Chief Economic Advisor, Ministry of Finance, India; T V Narendran, Co-Chairman, Steering Committee, South Asia Economic Conclave, and MD, Tata Steel, India; Dr Ishrat Husain, Dean and Director, Institute of Business Administration, Pakistan; Dr Harsha Vardhana Singh, Former Deputy Director

General, WTO; Dr Saman Kalegama, Executive Director, Institute of Policy Studies, Sri Lanka, and Dr Jayant Menon, Lead Economist, Asian Development Bank

cover story

Page 8: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 11

Special Plenary SessionMr Nitin Gadkari, Minister of Road Transport and Highways, India, said his ministry is working towards establishing a ‘waterport’ (a waterways port) in Sahibganj, in Jharkhand, to accelerate trade between India and Bangladesh. The use of inland waterways will bring down logistics costs for Industry, he said, adding that profits accrued from the Indian ports and Shipping Corporation of India would be channeled for inland waterways development.

The Government, said the Minister, is planning multi-modal hubs in Varanasi, Sahibganj and Haldia.

Mr Sunil Kant Munjal said that the road infrastructure network connecting South Asian countries has paved the way for a car rally across the South Asian region. CII has, in the past, organized, car rallies that went all the way from India to Indonesia, he said.

Mr Chandrajit Banerjee underscored the importance of physical infrastructure development across the South Asian region in promoting people-to-people contact.

expanding Intraregional tradeDr Arvind Subramanian, Chief Economic Advisor, Ministry of Finance, India, said the adoption of trade agreements depends on the structure of the participating economies.

Dr Ishrat Husain, Dean and Director, Institute of Business Administration (IBA), Pakistan, felt that due attention must be given to the poverty-reduction properties of Free Trade Agreements, such as generation of employment, elevated growth rate, etc.

Ms Beatriz Leycegui Gardoqui, Former Undersecretary for Foreign Trade, Ministry of Economy, Mexico, and Partner, SAI Law & Economics, Mexico, spoke about the changes in the Mexican economy and a significant hike in exports post the North American Free Trade

Agreement (NAFTA).

Dr Harsha Vardhana Singh, Former Deputy Director General, WTO, highlighted the importance of influential and directive policy-making and increased efforts in business-to-business engagements.

The session, chaired by Mr T V Narendran, Co-Chairman, Steering Committee, South Asia Economic Conclave, and MD, Tata Steel, was also addressed by Prof Abdul Wassay Haqiqi, Senior Advisor, Afghanistan Chamber of Commerce and Industry, Dr Saman Kalegama, Executive Director, Institute of Policy Studies, Sri Lanka, and Dr Jayant Menon, Lead Economist, Asian Development Bank.

valedictory SessionStronger economic cooperation between the South Asian countries will not only help the Governments in meeting the inclusivity goals but also bring about sustained peace and security across the region, said Mr Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and New and Renewable Energy, India, at the Valedictory Session. Regional economies need to leverage each others’ unique strengths to drive growth and development in the region, he said, adding that such a concerted effort would resonate with Prime Minister Modi’s vision of ‘one-ness’ of South Asia.

Underlining the enormous potential for extensive energy cooperation between the South Asian economies, he cited India’s successful bilateral energy cooperation with Bangladesh, Bhutan and Nepal, and the on-going efforts for similar engagement with Sri Lanka. India has assured maximum support to Sri Lanka in fast-tracking the establishment of a 500MW power plant, and has assured Maldives of all support to promote renewable energy development, he added.

Later, addressing questions raised by the audience, Mr

Chandrajit Banerjee; Dr Naushad Forbes, President Designate, CII and Director, Forbes Marshall Pvt Ltd, India; Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and New and Renewable Energy, India; Onno Ruhl, Country Director, the World Bank, and

Dr Sanjay Kathuria, Lead Economist, South Asia Regional Integration, the World Bank

cover story

Page 9: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

12 | October 2015 Communiqué

Key recommendations

Doing Business in South Asia

• The imperatives for building an enabling environment for cross-border business are liberal visa arrangements, seamless movement of goods by road and rail, electronic data exchange at all major ports, harmonization of standards pertaining to items of trade, improved customs infrastructure, etc.

• Regional governments should facilitate freer movement of capital across the region, through harmonization of trade practices, better trade facilitation and improvement in transit infrastructure.

• South Asia can emerge as a global production hub. This calls for building a digital neighborhood.

role of media in economic Integration

• India should take a lead in promoting the exchange of media professionals across the region.

the Power of 1.6 Billion People

• South Asian Regional Governments should prepare a roadmap for establishing a South Asian Development Bank.

• A key part of Indian outbound FDI should be directed to South Asian economies. Currently, 95% of India’s outbound FDI goes to markets well beyond South Asia.

• South Asian economies can achieve significant dividends through joint initiatives and cooperation in Tourism.

• Key steps are needed for the region to achieve the intra-regional trade target of $100 billion in the next 5 years.

Physical Infrastructure

• Inland waterways will not only offer economical

transportation of passengers and bulk cargo between different parts of India but could also facilitate greater trade flows with neighbouring countries.

• An international arm of the National Highways Authority (NHA) is being planned to extend expertise to South Asian countries to develop roads, highways, expressways, bridges, etc.

Powering South Asia

• The South Asian region will require investment of up to $300 billion over the next 10-15 years to build reliable power infrastructure.

• Bilateral energy cooperation models can be developed to build a regional energy cooperation model.

• Risks in power need to be appropriately bundled to attract private investments in the power sector.

Agriculture

• SAARC member nations would benefit exponentially by deepening regional cooperation in Agriculture.

• There is a need for deeper regional cooperation in agriculture research and sharing of expertise in pre and post-harvest practices.

renewables

• Promote deep regional cooperation in energy development, especially renewables like hydropower, wind energy, etc.

Smes

• The private sector, including SMEs, could play a catalytic role in the region’s economic progress through FDI. Currently, intra-regional FDI is a mere 2% of the overall FDI inflows into the region.

Goyal said that the SAARC countries could support each other in collectively meeting power-related challenges, and bridge the deficits caused by seasonality factors, etc. Expressing grave concern over water management, he called for strong efforts to conserve water resources in the region.

While stating that the developed countries should bear a large part of the burden for emissions reduction as per the ‘polluter pays principle,’ Mr Goyal felt that the South Asian countries too should come together to reduce carbon emissions and greenhouse gases.

Mr Onno Ruhl, Country Director, the World Bank, said

that regional economic integration is a long-drawn process – it took perhaps 300 years for the EU to take its present shape. The World Bank will play an active part in catalyzing South Asian economic integration and could put up monitoring mechanisms for this, he said.

Dr Naushad Forbes, President Designate, CII, and Director, Forbes Marshall Pvt Ltd, said that greater people-to-people contact would go a long way towards deepening regional cooperation. Visas for travel across the region should be more easily available, along with due measures to help businesses to set up operations in regional countries, he suggested.

cover story

Page 10: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 13

‘Greater people-to-people contacts will deepen regional cooperation.’

Dr Naushad forbes, President Designate, CII, and Director,

Forbes Marshall Pvt Ltd

‘South Asia is today the fastest growing region in the world. The SAARC States should find ways to promote intra-regional trade and reduce the cost of doing trade with each other. Free trade

in electricity alone will deliver huge economic benefits to the entire region and also help cut down CO2 emissions.’

Annette Dixon, Vice President, South Asia, the World Bank

‘The South Asian countries could consider developing a regional ‘Ease of Doing Business’ ranking index.’

Sunil Kant munjal, Past President, CII, Chairman,

Steering Committee, South Asia Economic Conclave, and Chairman, Hero Corporate

Services

‘The private sector has an unprecedented role in promoting the regional economic dialogue, which found expression at this first-ever South Asia Economic Conclave. The task forces set

up for South Asian cooperation in the areas of FDI flows, people-to-people contacts, trade and infrastructure, trade facilitation and energy development will serve as accelerators for deep regional cooperation.’

Chandrajit Banerjee, Director General, CII

‘If the future belongs to Asia, the future lies in South Asia. The South Asian region, with a 1.6 billion population, has the critical mass to sustain rapid growth. Over the years, human capital that moved

from the region to the outside world has excelled in various fields.’

Suresh Prabhu, Minister of Railways, India

‘The Ministry of Road Transport and Highways plans to set up an international arm to drive roads and highways projects to connect the neighbouring countries.’

Nitin Gadkari, Minister of Road Transport and Highways, India

‘To accelerate intra-regional trade and regional economic integration, free trade areas need to be established. Due efforts need to be taken to conclude the SAARC

Motor Vehicles Agreement which will provide significant impetus to regional trade and movement of goods. Tourism is an area where the South Asian economies can achieve significant dividends through joint initiatives and cooperation endeavors.’

Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce & Industry,

India

‘SAARC countries could support each other in collectively meeting power-related challenges and to bridge the deficits caused by seasonality factors, etc.’

Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and

New & Renewable Energy, India

‘In certain spheres, including power, infrastructure and services, India stands to benefit from regional cooperation.’

Arvind Subramanian, Chief Economic Advisor,

Ministry of Finance, India

VOICES

cover story

Page 11: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 15

spotlightinvest north

Sukhbir Singh Badal, Deputy Chief Minister of Punjab; Malvinder Mohan Singh, Chairman, Invest North 2015, and Executive Chairman, Fortis Healthcare Ltd; Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce & Industry; Manohar Lal, Chief Minister of Haryana;

Sunil Kant Munjal, Past President, CII, and Joint MD, Hero MotoCorp Ltd, and Richard Rekhy, Co-Chairman, Invest North 2015, and CEO KPMG India, at CII Invest North 2015, in New Delhi

Showcasing the investment potential of North India

Arvind Kejriwal, Chief Minister of NCT of Delhi; Shreekant Somany, and Madhav Shriram, Vice Chairman,

CII Delhi State Council, and Director, DCM Shriram Industries Ltd

• Deliberations by 63 speakers over 12 sessions

• 450+ delegates, including overseasparticipants

• 65+ B2G meetings between StateGovernment officials and investors

• InternationalparticipationofGovernmentsand investors from USA, Singapore, Japan, Italy, france, Brazil, Cuba, egypt, Korea, russia, Spain, Sweden, turkey, Indonesia, Canada, hong Kong, New Zealand, Denmark, China, taiwan, etc.

Manisha Panwar, Principal Secretary MSME, Uttarakhand; Dr Indiraa Hridayesh, Minister Industrial Development, Uttarakhand; Harish Rawat, Chief Minister,

of Uttarakhand; Shreekant Somany, Chairman, CII Northern Region, and CMD, Somany Ceramics Ltd and Prashant Mahadik, Chairman, CII Uttarakhand State

Council & Chief Manager, ITC Ltd Haridwar Complex

Page 12: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

16 | October 2015 Communiqué

invest north

make In India, and Digital India • Potential and opportunities across the North in various manufacturing sectors

• Roadmap for improving business regulatory mechanisms

• Role of Digital India in bringing the governance system closer to the public

Richard Rekhy; Ajay Shankar, Chairman, Expert Committee Constituted by DIPP; Shreekant Somany; Kiran Karnik, Chairman, CII Mission on Digital India; Vijay K Thadani, Vice Chairman & MD, NIIT Ltd; Purushottam Kaushik, MD- Sales, CISCO India & SAARC, and

Prameela Kalive, Executive VP, Strategic Services, Zensar Technologies

Global engagements for Growth• Changing dynamics of Global Trade

• Cross-border engagements

• Exploring markets and opportunities for investments

Santhosh Kumar, CEO, Operations, JLL India; Sanjay Srivastava, COO, Mahindra World City, Jaipur; Adesh Sharma, MD, Dedicated Freight Corridor Corporation of India Ltd; Shreekant Somany, and Jaijit Bhattacharya, Partner, KPMG in India

enabling Infrastructure: role of Dedicated freight Corridors and Industrial Corridors• Role of growth-enabling infrastructure

• How Dedicated Freight Corridors and the Delhi-Mumbai Industrial Corridor can be game-changers for the Indian and the Regional Economy

Rajesh Bhagat, India Consultant, Hong Kong Trade Development Council; Jayant Krishna, Principal Consultant & Regional Head, Tata Consultancy Ltd; Gopal Baglay, Joint Secretary (States), Ministry of External Affairs; Jonathan Kessler, North India Coordinator,

Embassy US, and Jahangir Bin Alam, Secretary & CEO, India-Bangladesh Chamber of Commerce & Industry

Key Sessions

Page 13: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 17

invest north

the 4th edition of the flagship CII Invest North 2015 Conclave, organized by CII Northern Region in New Delhi, showcased investment opportunities in the Northern States

and provided a platform for domestic and international corporates to engage with Chief Ministers, Industry Ministers, Chief Secretaries, and other senior government officials of the Northern States. The event was partnered by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry. The Partner States were Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, and Jammu & Kashmir.

Each State Government, led by the Chief Secretary, pitched its State as an investment destination to attract large scale investments. Special Business to Government (B2G) meetings were organized during the two-day conclave to help the Northern States strengthen their business linkages by showcasing their best practices, presenting upcoming key projects and sectors, and highlighting their pro-Industry policy initiatives and efforts to enhance the ease of doing business, and simplify the regulatory system to attract investments.

Key focus Areas • Understanding the investmentclimate in Indiaand

the Northern States

• Engaging with State Governments and centralagencies

• Forging new partnerships and exploring businessand investment opportunities

Shreekant Somany, Sukhbir Singh Badal, Manohar Lal, inaugurating the Invest North 2015

‘Northern States need to leverage their true potential’ Interview with mr Shreekant Somany, Chairman, CII Northern region, and CmD, Somany Ceramics ltd

QWhat were the key objectives of Invest North 2015?

The primary objective of Invest North 2015 was to showcase the investment opportunities in the Northern States. We had dedicated State sessions, addressed by Chief Ministers, Industry Ministers and Chief Secretaries.

Investments into the Northern Region have not been commensurate with its size and potential. CII has always believed that the North can play an instrumental role towards the larger objective of double digit economic growth. However, to achieve this, the Northern States need to leverage their true potential in terms of

entrepreneurial spirit, skilled manpower, consumer base, physical and social infrastructure, agriculture, and sound raw material and market base.

Towards this, the Conclave had State-specific sessions on ‘Enabling Business Environment & Projects’ to attract Investments. In addition, we had a brainstorming session on ‘Make In India’ North, and Ease of Doing Business.’ The objective was to share best practices and deliberate on the roadmap for improving the regulatory environment. Taking bilateral trade dialogues and business engagements a step further, CII Invest North focussed on ‘Global Engagements for Growth’ with a dedicated session.

Page 14: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

18 | October 2015 Communiqué

QWhich are the main sectors where the North offers investment potential?

The Northern States, with their varied resource base and competitive advantages, offer investment opportunities across a broad spectrum of sectors.

While Delhi offers world-class physical infrastructure and connectivity, Punjab, Haryana and Uttar Pradesh are major contributors in agriculture, food processing and manufacturing. The Himalayan States of Jammu & Kashmir, Himachal Pradesh and Uttarakhand have abundant water resources, hydel power potential and picturesque locations, ideal for tourism. Rajasthan is mineral-rich, and is also one of the leading tourist destinations in the country.

Sectors with immense opportunities in the North include infrastructure, agro-based industries, food processing, pharmaceuticals, textiles, automobiles, light engineering, and Services like IT/ITES, biotechnology, BPOs/KPOs/LPOs and other knowledge-based industries, tourism, medical tourism and healthcare, education, skilling, etc, among others.

Given the Indian Government’s thrust on the Manufacturing sector because of its employment-generating nature, coupled with the proposed Delhi Mumbai Industrial Corridor (DMIC) and the Eastern and Western Dedicated Freight Corridors, which will compensate for the logistics disadvantage of the Northern States due to their landlocked nature, Manufacturing can also play a critical role in shaping the investment landscape of the region.

QWhat do you think can be done to attract investments to the North as compared to the

West and the South?

If we look at FDI, the Northern Region received 28% of the total FDI in the country (April 2000 to March 2015) which is much less than the 48% for the Western Region. The Southern and Western States have proactively marketed their value proposition well and have also responded swiftly to the needs of Industry. This has created a strong brand for them, which is missing in the case of the North. I feel the North needs to market and brand itself more aggressively.

CII Invest North 2015 aimed to bridge that gap for the Northern States by providing a platform to them to showcase their potential and favourable policies.

The other challenge hampering the region is its landlocked nature. However, with the proposed Dedicated Freight Corridors providing high speed connectivity to the eastern and southern ports, this logistical disadvantage would be taken care of.

QWhat would you recommend to the States to improve the investment climate in the North?

The regulatory aspect related to ‘Doing Business’ at the State level needs to be looked at. Some of the things that deserve priority attention are:

• Use of ICT to simplify processes for approvals and compliances

• Address land-related issues

• Labour reforms

• Better inter-departmental coordination for faster approvals.

In a nutshell, we need ‘more of governance and less of government.’

In addition to improving the regulatory environment, what is required is a mission mode focus on creating physical infrastructure, education and skill development, and, above all, a policy of strong dialogue and consultations with all stakeholders.

We are very pleased to note that a healthy competitive spirit has been fostered amongst the States by the recently-released rankings. The States have realized that they cannot afford to remain red tape-ridden any more in the current competitive scenario, if they wish to seriously attract investments.

Qhow much investment are the Northern States targeting?

Denoting a figure with the investment need or requirements in the Northern States will be difficult. However, investment opportunities present across varied sectors are immense. For instance, the Delhi – Mumbai Industrial Corridor is in itself a USD 90 billion+ project. Similarly, there are numerous mega infra projects in roads and railways, Smart Cities, metro rail, freight corridors, and many others.

In addition, the Northern States provide a varied resource base and competitive advantages across a very wide range of sectors which, if leveraged properly, can lead to mind-boggling amounts of investments.

invest north

Page 15: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 19

State Sessions

Dr R Rajesh Kumar, MD, SIIDCUL & Additional Secretary, Industrial Development & Director, MSME, Uttarakhand; Dr Umakant Panwar, Principal Secretary, Tourism, Uttarakhand; Prashant Mahadik, Chairman, CII Uttarakhand, and Chief Manager, ITC Ltd Haridwar Complex;

Harish Rawat, Chief Minister of Uttarakhand; Dr Indiraa Hridayesh, Minister of Industrial Development, Uttarakhand, and Rakesh Sharma, Chief Secretary, Uttarakhand

Uttarakhand

Irfan Ul Haq, Addl Director (F), Directorate of Industries & Commerce, J&K; Sheikh Imran, Vice Chairman, CII J&K, and Director, Kashmir Sunsilk Industries Pvt Ltd; Dr R S Sharma, OSD to Minister of Industries & Commerce, J&K; Amit Sharma, MD, J&K State Industrial Development

Corporation Ltd; Chander Parkash Ganga, Minister of Industry, J&K, and Dr Abdul Rashid, Director, Industries & Commerce, Jammu

Jammu & Kashmir

Mahesh Gupta, Principal Secretary, Infrastructure & Industrial Development, Uttar Pradesh; Sachin Agarwal, MD, PTC Industries Ltd; Rama Raman, CEO, Noida Development Authority; Kanchan Verma, Special Secretary, Industrial Development, Uttar Pradesh, and

Jayant Krishna, Principal Consultant & Regional Head, Tata Consultancy Ltd.

Uttar Pradesh

Akshay Bector, CMD, Cremica Food; Anirudh Tewari, Principal Secretary, Industries, Commerce & Non-Conventional Energy, Punjab, and CEO, Punjab Bureau of Investment Promotion; S S Bhogal, Chairman, CII Punjab, and MD, Bhogal Exports, and Amit Dhaka, MD, PSIEC

Punjab

Suresh K Poddar, Chairman, CII Rajasthan, and CMD, Mayur Uniquoters Ltd; Gajendra Singh, Minister of Industries, Rajasthan; Dr Samit Sharma, Commissioner, Investment & NRIs, Bureau of Investment Promotion, Rajasthan; Vijay Thadani, Vice Chairman & MD, NIIT

Ltd, and Rajat Agrawal, Vice Chairman, CII Rajasthan, and MD, Gravita India Ltd

rajasthan

Sameer Munjal, Chairman, CII Haryana, and MD, Satyam Auto Components Ltd; Devender Singh, Principal Secretary, Industries, Haryana; Capt Abhimanyu, Minister of Industries & Commerce, Haryana; Manohar Lal, Chief Minister of Haryana; Shreekant Somany; Sanjeev Kaushal,

Principal Secretary to the Chief Minister of Haryana, and Adesh Gupta, CEO, Liberty Shoes Ltd

haryana

invest north

Page 16: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

20 | October 2015 Communiqué

‘The States are competing very aggressively with each other to attract investments, and this is a very good omen for the country. But Governments need to honour their commitments to Industry.’

Gajendra Singh, Minister of Industries, Rajasthan

‘The State Government has taken a number of measures like self-certification, towards building a conducive environment for investors.’

Chander Prakash Ganga, Minister of Industry, Jammu & Kashmir

‘It is necessary to strengthen the connectivity between the factory gates and the ports, to realize the true potential of the Indian manufacturing sector.’

Ajay Shankar, Chairman, Expert Committee constituted by DIPP on

Ease of Doing Business

‘The States must leverage the partnerships forged over a period of time by our missions abroad and the diaspora.’

Gopal Baglay, Joint Secretary, States, Ministry of External Affairs, India

‘India has always been at the centre of US diplomacy.’

Jonathan Kessler, Embassy of USA in India

‘CII Invest North opened the gates for fresh investment and provided a platform for one-to-one meetings, by showcasing the untapped potential for investment in the States.’

Devender Singh, Principal Secretary, Industry & Commerce, Haryana

‘Uttar Pradesh has an ambitious target to achieve self-reliance in power by 2017.’

mahesh Gupta, Principal Secretary, Infrastructure, Uttar Pradesh

‘The Northern States are very pro-active and can attract investments by further easing their regulatory procedures. We hope that the State rankings conducted by the World Bank would encourage the States to act more as facilitators and less as regulators.’

Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce & Industry, India

‘A SPV will be created for the development of railway infrastructure in Haryana.’

manohar lal Khattar, Chief Minister of Haryana

‘We invite Industry to partner in the development of Delhi as a Services and Tourism hub.’

Arvind Kejriwal, Chief Minister of Delhi

‘The SIIDCUL Smart City online system will revolutionize approval processes, increase transparency and minimize human interface.’

harish rawat, Chief Minister of Uttarakhand

‘We are fully committed to doing away with cumbersome regulations and procedures, and promoting self-certification by Industry.’

Sukhbir Singh Badal, Deputy Chief Minister of Punjab

‘Agro-based, food processing and dairy industries will be given thrust in Haryana.’

Capt Abhimanyu, Minister of Industries & Commerce,

Haryana

‘We are committed to creating a robust single window system and supporting Industry in every possible way.’

Indiraa hridayesh, Minister of Industrial Development, Uttarakhand

voICeS

invest north

Page 17: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 21

‘The thrust of this year’s CII Invest North Conclave has been on Make in India, Digital India, Skill India, Delhi Mumbai Industrial Corridor, and Dedicated Freight Corridors, which are the enablers for investments in the States.’

malvinder m Singh, Chairman, CII Invest North 2015, and

Executive Chairman, Fortis Healthcare Ltd.

‘The success of ‘Make in India’ requires focus on continuous research and innovation and new product development.’

richard rekhy, Co-Chairman, CII Invest North 2015,

and CEO, KPMG in India

‘Speedy implementation of the Delhi Mumbai Industrial Corridor (DMIC) and Dedicated Freight Corridor (DFCs)is the need of the hour.’

Shreekant Somany, Chairman, CII Northern Region, and

CMD, Somany Ceramics Ltd

‘The success of Digital India would determine the success of the ‘Make in India’ campaign.’

Kiran Karnik, Chairman, CII Mission on

Digital India

‘Land banks with 600+ pre-cleared sites have been earmarked for private sector investment in Punjab.’

Anirudh tewari, Principal Secretary, Industries &

Commerce, Punjab, and CEO, Punjab Bureau of Investment Promotion

‘Rajasthan will shortly announce MSME and Agro-processing policies.’

Samit Sharma, Commissioner, Investment &

NRIs, BIP, Rajasthan

‘In Jammu & Kashmir, prominent sectors for investments are hydro, food processing, pharmaceuticals, sericulture, handloom, floriculture, etc.’

Amit Sharma, MD, J&K State Industrial Development

Corporation Ltd (JKSIDCO)

‘Civil contracts have been awarded for 65% of the length of the Dedicated Freight Corridor (DFC).’

Adesh Sharma, MD, Dedicated Freight Corridor

Corporation of India Ltd

‘The Northern Region would be the guiding light for the country’s growth.’

Sunil Kant munjal, Past President, CII, and

Jt MD, Hero MotoCorp Ltd

Mr Chandrajit Banerjee, Director General, CII received the decoration of Knight Commander of the Order of Queen Isabella, in recognition of achievements and exceptional contributions towards promoting relations between India and Spain from Mr Gustavo de Aristegui, Spanish Ambassador to India and Mr Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and New & Renewable Energy, India, on 7 October 2015 in New Delhi.

Knight Commander of the order of Queen Isabella for promoting relations between India & Spain

invest north

Page 18: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 23

US-India Strategic & Commercial Dialogue

President Obama and Prime Minister Modi, during the US Presidential Visit to India in January 2015, decided to further strengthen the bilateral

US-India partnership by elevating the strategic dialogue between the two countries to a re-branded Strategic and Commercial Partnership.

Ms Sushma Swaraj, Minister of External Affairs, and Ms Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce & Industry, India, traveled to Washington, USA, to engage with their US counterparts, Mr John Kerry, Secretary of State, and Ms Penny Pritzker, Secretary of Commerce, for the first ever US-India Strategic and Commercial Dialogue on 22 September.

Coinciding with the dialogue, CII organized several programmes in Washington DC to highlight important aspects of the bilateral partnership, including the role of the diaspora; the critical issues and bottlenecks around Renewable Energy financing; and Indian industry's efforts in bolstering collaboration on Standards.

Roundtable on ‘Financing Renewable Energy’

CII, in partnership with the American Council on Renewable Energy (ACORE) organized a high level gathering of US companies in the Renewable Energy development and financing sector, on 20 September in Washington DC. Mr Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and Renewable

Strengthening the bilateral US-India Partnership

Energy, addressed the concerns and challenges faced by investors in India.

Representatives from US companies such as SunEdison, Bank of America, First Solar, Credit Suisse, Apex Clean Energy, Sun Power, Deutsche Bank etc, attended the meeting. A high powered CII CEOs delegation also participated, including Dr Preetha Reddy, Executive Vice Chairperson, Apollo Hospitals; Ms Kiran Mazumder Shaw, CMD, Biocon; Mr Shiv Khemka, Vice Chairman & CEO Sun Group; Mr Sumant Sinha, Founder, Chairman & CEO, ReNew Power Ventures Ltd, Mr Rajan Navani, Director, Jetline Group; Mr Pranav Tanti, CEO Suzlon-IPP; Mr Rahul Munjal, MD, Hero Future Energies Ltd, and Mr Kishore Nair, COO, Welspun Energy.

CII and ACORE signed a Memorandum of Understanding (MoU) to help solidify and bolster cooperation in the clean energy sector through facilitation of dialogues between industry experts, development of platforms to deepen cooperation, as well as exchange policy recommendations and best practices.

CII-USIBC Executive Roundtable

CII, in partnership with the US-India Business Council, organized an Executive Roundtable over breakfast on 21 September in Washington DC. US Industry was represented by companies such as DuPont, Dow Chemicals, 21st Century Fox, IBM, GE, and The Walt Disney Company, among others.

Pranav Tanti, CEO, Suzlon-IPP; Rahul Munjal, MD, Hero Future Energies Ltd; Rajesh Menon, Deputy Director General, CII; Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd; Nirmala Sitharaman, Minister of State (Independent Charge) of Commerce &

Industry, India; Penny Pritzker, Secretary of Commerce,USA; M Rangaswami, Founder, Indiaspora; Chandrajit Banerjee, Director General, CII; Congressman Ami Bera; Sumant Sinha, Founder & CEO, ReNew Power Ventures Ltd, and Rajan Navani, MD, Jetline Group;

at the CII-Indiaspora Reception, in Washington DC

spotlightIndia & the World

Page 19: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

24 | October 2015 Communiqué

CII and the Carnegie Endowment for International Peace (CEIP) recently co-organized a day-long conference titled ‘The Future of the US-India Partnership: Ten Years After the Civil Nuclear Cooperation Initiative.’ The conference featured some of the finest minds from both countries – individuals who have been involved in strengthening the US-India partnership over the past decade. The effort was to highlight the landmark agreement, how it came about, and what it sought to achieve while also stressing on the untapped potential in the bilateral partnership as well as areas of economic, commercial and strategic opportunity.

Mr Joseph Robinette Biden, Jr., Vice President of the United States, delivered the keynote speech at the private dinner hosted on the occasion by Mr William J. Burns, President, Carnegie Endowment for International Peace, and Mr Chandrajit Banerjee, Director General, CII.

US vice President addresses CII event

Joe Biden, Vice President of the USA, with Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd (left) and Chandrajit Banerjee, Director General, CII, (right), at the CII-

Carnegie Endowment Conference in Washington DC

Secretary Arun Kumar, Director General, US and Foreign Commercial Service, and Assistant Secretary for Global Markets, US Dept of Commerce, USA; Ambassador Vinai Thummalapally, Executive Director, SelectUSA; Assistant Secretary Puneet Talwar, Bureau of Political-Military Affairs, Dept of State, USA; Mr Frank Islam, Head, FI Investment Group; and Mr Sudhakar Shenoy, Founder, Chairman and CEO, IMC Inc, among others.

CII-ANSI Roundtable on Standards

On 22 September, CII, in partnership with the American National Standards Institute (ANSI) organized a roundtable on Standards in Washington DC.

ANSI and CII’s renewed commitment to fostering Indo-US cooperation on Standards and Conformity

A s s e s s m e n t w a s formalized through the signing of a renewed and expansive MoU. The CII-ANSI MoU has been mentioned in the US-India Strategic and Commercial Dialogue Joint Statement, and is one of the most concrete deliverables to come out of the dialogue.

Chandrajit Banerjee; Piyush Goyal, Minister of State (Independent Charge) of Power, Coal and New &

Renewable Energy, and Todd Foley, Senior Vice President-Strategy, Policy & Government Relations/Chief Strategy

Officer, ACORE, at the Roundtable on ‘Financing Renewable Energy’ in Washington DC

CII-Indiaspora Reception

Coinciding with the first ever US-India Strategic & Commercial Dialogue, CII, in partnership with Indiaspora, hosted a Reception on 21 September in Washington DC to highlight and celebrate the highly influential and thriving Indian community in the United States.

Ms Nirmala Sitharaman and Ms Penny Pritzker addressed this important gathering which recognized the role of the three million strong diaspora's role in fortifying the bilateral partnership.

The Reception brought together CEOs from India and senior representatives of the US Administration, as well as key people from The US and Indian communities.

A CII delegation, led by Mr Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd, and including Mr Sumant Sinha, Mr Shiv Khemka, Mr Pranav Tanti, Mr Rajan Navani, and Mr Rahul Munjal, and Mr Chandrajit Banerjee, Director General, CII attended the event.

Notab le d ign i ta r ies included Congressman Ami Bera (the only Indian American member of the US Congress); Assistant

Praveen Dixit, Deputy Assistant Secretary for Trade Policy and Analysis, US Dept of Commerce; Sumani Dash, Director & Head- USA & Canada, CII;

Chandrajit Banerjee; Sumit Mazumder; Arun Kumar, Director General, US and Foreign Commercial Service and Assistant Secretary for Global Markets, US Dept of Commerce; Holly Vineyard, Deputy Assistant Secretary for Asia,

US Dept of Commerce, and Joe Bhatia, President & CEO, ANSI, at the CII –ANSI Roundtable on Standards in Washington DC

India & the World

Page 20: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

26 | October 2015 Communiqué

In the week p reced ing

these high-level, intensive activi t ies in Wash ing ton D C , C I I organized its annual CEOs delegation to t he Un i t ed States from 8-10 September. This was the first time a CEOs delegation visited San Francisco and Silicon Valley in California to bolster ties in areas such as technology, innovation and entrepreneurship. The delegation also visited Washington DC.

The delegation members included Mr Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd; Dr Naushad Forbes, President Designate, CII, and Director, Forbes Marshall Pvt Ltd; Dr Rajiv Modi, CMD, Cadila Pharmaceuticals; Mr Deep Kapuria, Chairman, Hi-Tech Group; Mr Rahul Munjal, MD & CEO; Hero Future Energies Pvt Ltd; Mr Tarun Sawhney, Vice Chairman and MD, Triveni Engineering & Industries Ltd, and Mr Chandrajit Banerjee, Director General, CII.

In the West Coast, the CII delegation had a meeting with Mr Ventatesan Ashok, Consul General of India in San Francisco. They also participated in an Investors’ Roundtable hosted by CII in collaboration with JM Financial and Axis Bank, a luncheon meeting with US Industry hosted by USIBC, and an exclusive industry roundtable with charted members of The Indus Entrepreneurs (TIE) followed by a larger public event focusing on India today. The delegates also visited the Tesla manufacturing facility.

In Washington DC, the CEOs d e l e g a t i o n m e t A m b . Arun K Singh, Ambassador of India to USA, and also participated in a public session on

‘Getting to $500 Billion in US – India Trade,’ hosted by the Atlantic Council.

CII, in partnership with the National Academies of Sciences, organized a US-India Roundtable discussion on Manufacturing Innovation, with two panels exclusively dedicated to discussing challenges for 21st century manufacturing and opportunities for collaboration, respectively.

The final leg of the mission consisted of meetings with Congressmen, Senators and officials from the Obama Administration. A meeting with Mr Stefan Selig, Under Secretary for International Trade, US Department of Commerce, was followed by a meeting with Ambassador Michael Froman, United States Trade Representative.

The delegation also met Members of the US Congress and gave Indian Industry perspectives on developments in terms of policy, pace of reforms and

ground reality in India.

CII concluded the week-long CEO’s mission by hosting a roundtable over dinner in Washington DC where thought leaders and senior industry leaders discussed a range of issues and identified potential areas for collaboration ahead of Prime Minister Modi’s visit.

CII CEOs delegation with Ambassador Arun Singh, in Washington DC

CII-Atlantic Council Session in Washington DC

CII CEOs delegation with Ambassador Michael Froman, USTR

India & the World

CII leadership mission to the US

Page 21: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 27

Swachh Bharat needs to be a mass movement,

a ‘ J a n A n d o l a n , ’ declared Mr Venkaiah Naidu, Min is ter o f Urban Development, Hous ing & Urban Poverty Alleviation and Parliamentary Affairs, invit ing the private sector to be an active partner in achieving this mammoth goal, at the National Conference on Sanitation: towards S w a c h h B h a r a t Creating Demand & Building Partnerships, organized by CII in partnership with the Centre for Policy Research (CPR) on 24 September in New Delhi. The Minister, while sharing the three-pronged approach adopted for the Swachh Bharat campaign, i.e. changing mindsets; creating infrastructure; and establishing systems and processes towards governance, emphasised that people’s participation is a pre-requisite at all levels.

The Swachh Bharat Programme announced by the Prime Minister last year, seeks to engage everyone collectively in the task of cleaning homes, work places, villages, cities and surroundings. In response to the call made by the Prime Minister, CII launched Mission Sanitation in Schools (Mission SoS) to support the Government’s Swachh Vidyalaya Programme of constructing toilets in schools. CII and the CII Foundation, a trust set up by CII, undertook interventions in alignment with the overall vision of the national goal of Swachh Bharat-Swachh Vidyalaya. These included evangelizing sanitation in

towards Swachh Bharatschools among Industry; c o n s t r u c t i o n a n d maintenance of toilets and promoting behavior change; building a knowledge repository on innovations and good practices with respect to technology, designs and models ; and, recognizing members’ efforts towards this national goal. In the next phase, CII and the CII Foundation will work to address sanitation challenges of urban

communities through Industry engagement.

The conference focused on the scope and opportunities in the sanitation sector as an emerging economy; good practices and models which are replicable and scalable, especially in areas of O&M (operations and maintenance) and interventions leading to behaviour change; possibilities for stakeholder engagement, scope for partnerships and areas of partnerships and collaborations; and policies and institutional frameworks that can enable and strengthen efforts towards effective and prompt delivery of the Swachh Bharat Mission.

Ms Sindhushree Khullar, CEO, NITI Ayog, spoke about the on-going deliberations for incentivizing local governments to prioritize sanitation delivery. The next challenge will be to get the electorate to articulate sanitation as a political demand, she said.

Mr Ajay Shriram, Immediate Past President, CII, and Chairman & Senior Managing Director, DCM Shriram Ltd, emphasized the need to understand the socio-cultural

Ajay S Shriram, Immediate Past President, CII, and Chairman & Senior Managing Director, DCM Shriram Ltd; M Venkaiah Naidu, Minister of Urban

Development, Housing & Urban Poverty Alleviation and Parliamentary Affairs, and Dr Pratap Bhanu Mehta, President & CEO, Centre for Policy Research,

at the National Conference on Sanitation, in New Delhi

focusdevelopment initiatives

Rohit Kakkar, Dy. Adviser, Ministry of Urban Development, Anjan Das, Executive Director, CII; Sindhushree Khullar, CEO, NITI Aayog; Harpal Singh, Mentor & Chairman Emeritus, Fortis Healthcare and Chairman, Save the Children; D R Gupta, Executive Director, Railway Board,

and Hari Menon, Deputy Director - India Country Programmes, Bill & Melinda Gates Foundation

Page 22: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

28 | October 2015 Communiqué

aspects and bring about awareness and behaviour change, along with the construction of new toilets. He suggested that the corporate sector could engage in the Swachh Bharat programme in a number of ways, including developing innovative and scalable designs and through Corporate Social Responsibility (CSR) initiatives. CII, he stated, is committed to partner the Swachh Bharat Programme through its Mission SoS, Sanitation for Urban Communities, and the national mission on Smart Cities.

Dr Pratap Bhanu Mehta, President & Chief Executive, Centre for Policy Research (CPR) suggested the need for a clear conceptual framework including norms for accountability and defining of the roles and responsibilities of the public and private sector. He urged that toilet construction should be embedded with other existing national schemes such as ‘housing for all’ and ‘education for all’ instead of being a standalone programme.

A Report, ‘Swachh Bharat: Industry Engagement - Scope and Enterprise,’ jointly developed by CPR and CII, was released at the conference. The Report maps the scope and opportunities of private sector engagement and also profiles 16 initiatives currently being undertaken in the provision of sanitation services and infrastructure.

In the session on ‘Scope and Opportunities of the Sanitation Economy’, senior Government representatives from the Centre and the States shared their perspectives and outlined the scope for private sector interventions. The session also presented the potential impact of the sanitation movement on specific Industry sectors like

cement, steel, FMCG, sanitaryware, etc.

The session on ‘The Essentials – Behaviour Change and O&M’, saw representatives from Government at the State and district level, Industry members, and multi-lateral and social entrepreneurs share models that have successfully transformed poor infrastructure and brought about effective behavior change.

The conference also included a session on partnerships, which looked at Public Private Partnerships (PPPs) for achieving sustainable sanitation. The panelists discussed the institutional arrangements and innovative strategies that can help forge such collaborations, the roles different parties can take, and examples where such PPPs have worked.

With strong representation from the Central and State Governments and Industry, the key speakers at the conference included Mr Saraswati Prasad, Joint Secretary, Ministry of Drinking Water and Sanitation; Mr Harpal Singh, Mentor & Chairman Emeritus Fortis Healthcare, and Chairman, Save the Children; Ms Rumhjum Chatterjee, Group MD-HCD, Feedback Infra; Mr Deepak Sanan, Additional Chief Secretary, Himachal Pradesh; Mr Aniruddhe Mukherjee, Finance Secretary, Madhya Pradesh; Dr Sudhir Kapur, Chairman, CSR & Gender Equality Sub Committee, CII (NR) and MD & CEO, Country Strategy Business Consultants; Mr Sachin Jadhav, District Magistrate, Anugul, Odisha, and Mr M Hari Menon, Deputy Director, India Country Programmes, Bill & Melinda Gates Foundation.

Sujoy Mojumdar, WASH Specialist, UNICEF; Swapnil Chaturvedi, President and CEO, Samagra; Deepak Sanan, Additional Chief Secretary, Himachal Pradesh; Rumjhum Chatterjee, Deputy Chairperson, CII (NR), and Group MD – HCD, Feedback Infra; Sachin Jadav, District

Magistrate, Angul, Odisha, and Ravi Bhatnagar, Manager- External Affairs, Reckitt Benckiser

development initiatives

Saurabh Shah, Vice President & Business Head, Excel Industries Ltd; Shubhagato Dasgupta, Senior Fellow, Centre for Policy Research; Saraswati Prasad, Joint Secretary, Ministry of Drinking Water & Sanitation; Sudhir Kapur, Chairman, CSR & Gender Equality Sub Committee, CII (NR) and MD & CEO, Country Strategy Business Consultants; Aniruddhe Mukerjee, Secretary, Finance, Madhya Pradesh; Anuj Jain, CEO,

JSL Architecture and Lifestyle Ltd, and Gokul Venkatraman, Lead- New Business Development, Owens Corning India

Page 23: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 29

development initiatives

This report explores the opportunities for investment in sanitation by the private sector, and also profiles 16 initiatives currently being undertaken in the provision of sanitation services and infrastructure either through Corporate Social Responsibility (CSR) funding, Public Private Partnerships (PPP), or independent corporate funding.

Key findings

• Only 29% of the wards in India’s cities have 100% solid waste collection.

• Only 17% of the waste generated in India’s cities gets processed.

• Only 10-11% of waste water is safely collected in urban India.

• 80.28% of sewage and wastewater is unsafely disposed in rural India.

• 13,705 vacuum trucks are needed to de-sludge/empty 68,524,854 septic tanks once in 2-3 years.

• India needs to build an estimated 1542 lakh toilets by 2019.

• The estimated cost for implementing the Swachh Bharat Mission, both capex (till 2019) and operation and maintenance (O&M) expenses for 10 years, is approximately ` 8.93 lakh crores.

• Another ` 43,200 crores is expected to be spent on the soft skill component. The Government expects significant engagement from the private sector, including Industry and corporates.

Case Studies

The 16 case studies are represented under four categories.

1. Rural Infrastructure Offers

• Swachh Sammaan by the CI Group: Swachh Samman, a-ready-to-install toilet model for rural areas at a nominal cost of ` 13,500.

• Open-Defecation Free (ODF) Communities by the Swades Foundation: Working with Gram Panchayats in making one District free of open defecation.

• District-wide individual household latrines by the Bharti Foundation: Endeavoring towards an ODF District through CSR.

• Swachh Bharat, Swachh Vidyalaya by Tata Consultancy Services: Partnering the Government for sanitation infrastructure and services for school-going girls.

2. Urban Infrastructure Offers

• Pay-and-Use Public Toilets by GMR Varalakshmi Foundation: Enhancing public toilet usability through the PPP model.

• Porta Toilets by JSL Architecture Ltd: Recycling for public toilets by modifying old cargo containers into toilets.

• Sewage Treatment Plant (STP) by Hindustan Zinc Ltd: Collaborating at the city-scale by investing in a sewage treatment plant.

• Waterless Urinals: Saving water for better use by Ekam Eco Solutions - Innovating for resource conservation in sanitation systems by decreasing the intensity of water use and release of bad odour.

3. Service Propositions

• Safai Sena: PPP with the Northern Railways by Chintan Environmental Research Group: Stakeholder engagement by addressing multiple environmental and livelihood concerns focusing on waste from trains and railway stations in Delhi.

• Smart Public Toilets by Eram Scientific Solutions Pvt Ltd: Customizable and automated electronic toilets which can be kept in working order for a longer period of time.

• Micro-loans for water and sanitation infrastructure by The Guardian: Finance for sanitation inclusion in rural areas.

• O&M of school toilet facilities in Pune by Samagra Waste Management Pvt Ltd: Increasing usage and O&M of community toilets.

• Management of Community Toilets in Pune by 3S (An enterprise of Saraplast Pvt Ltd): Innovating for resource conservation in sanitation systems through comprehensive O&M solutions and ‘no human touch’ approach.

4. Communication, Behavior Change and Education focused Offers

• Domex Toilet Academy by Hindustan Unilever Ltd: Creating sanitation entrepreneurs.

• Motivating ODF Villages through Behaviour Change by Feedback Foundation: Catalyzing community adoption and generating demand at the grassroots for safe hygienic practices to scale up interventions.

• Banega Swachh India Campaign by Reckitt Benckiser Group repetition: Behaviour change focusing on hand hygiene and sanitation.

Swachh Bharat: Industry engagement- Scope & enterprise

Page 24: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

30 | October 2015 Communiqué

By cutting the repo rate by a sharper-than-expected 50 basis points at its 4th monetary policy meeting, the Reserve Bank of India (RBI)

has finally accepted Industry’s call to lower borrowing costs. The RBI had so far this year reduced the repo rate by 75 basis points. Given its repeated warnings on inflation, the expectation was for a further reduction of at the most 25 basis points in the September policy. However, with industrial growth remaining sluggish during the current year, Industry has been hoping for a more significant cut in policy rates.

With this move, the RBI has lowered the repo rate to 6.75% and the reverse repo to 5.75%, a four-year-low, leaving the Cash Reserve Ratio (CRR) unchanged. Evidently, the RBI has recognized the need for a further push to spur the domestic growth trajectory, while inflationary risks have subsided.

Domestic and external factors GDP growth had eased to 7% in the first quarter of FY16, down from 7.5% in the previous quarter, indicating persistent sluggishness in the economy. As a result, the RBI has pegged down its growth forecast for 2015-16 to 7.4% from 7.6% earlier. Low capacity utilization due to subdued demand, especially from rural India and external markets, may further impact investment intentions.

On the other hand, the inflation situation has improved considerably, with both wholesale and retail inflation maintaining their downward trend in August. The RBI expects Consumer Price Index (CPI) inflation to pick up from September due to a reversal in the base effect and reach about 5.8% by January 2016, well within the RBI’s target of 6%. Once this is reached, the RBI will further lower its inflation target to about 5.0% to be achieved by the end of fiscal 2016-17.

Further, slow global growth also presents downside risks to domestic economic activity. The International Monetary Fund (IMF) estimates global GDP growth to ease to 3.3% in 2015 from 3.4% in 2014, mainly on the back of a slowdown in emerging and developing economies. Deterioration in the global t rade situation, the evident s lowdown in China, continued capital outflows and currency depreciation have pushed emerging market economies on a

economy analysis

rBI lowers Borrowing Costsslow growth path, which may have a potential ripple effect on India too.

The monetary policy stance adopted by the US Federal Reserve has also been a decisive factor in the RBI’s monetary policy. The US Fed rate hike, though imminent, has been postponed to later this year, opening a window of opportunity for the RBI, which it befittingly realized by the 50 bps repo rate cut.

The RBI has been able to create some certainty about the extent of the monetary stimulus it is willing to provide and has been successful in boosting investor sentiment for some time, until the US rate hike leads to capital outflows from emerging markets, including India.

Impact on the Indian economyThe RBI’s interest rate cut provides Industry with a much-needed respite as a large number of commercial banks have subsequently lowered their base rates by 20-40 bps. The reduction in loan rates will help revive investment activity and capital formation in the economy, giving a boost to the infrastructure sector. Consumer demand will revive with housing and real estate likely to look up, owing to transfer of benefits arising from cheaper home loans. The retail segment and consumer durables, particularly passenger cars, will also benefit from lower borrowing costs, especially in the upcoming festive season.

Taking a cue from the RBI’s front-loaded policy action, the Finance Minister said the Government will work towards better transmission of these rate cuts by reviewing the framework and interest rates on small saving schemes like PPF, NSC, Kisan Vikas Patra, etc. He stated that the RBI’s policy move along with the actions taken and planned by the Government will help boost confidence and attract investment.

The RBI statement said that, going forward, the focus will be on ensuring that the rate cut is passed on by the banks. So far, the transmission of previous policy actions by banks has been slow. In comparison to the 75 basis point reduction in policy rates by the RBI in the last eight months, banks have lowered

lending rates by about 30 basis points only. The RBI noted that, though the financial markets have transmitted its past policy actions via commercial paper and corporate bonds, the banks have done so only to a limited extent.

Page 25: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 31

CII organized a Defence, Aerospace and Security Industry delegation to London from 15-18

September, coinciding with the Defence Security & Equipment International (DSEI 2015), the world’s largest fully integrated defence and security exhibition, held there.

On this occasion, CII, in partnership with the Ministry of Defence and the Ministry of Commerce and Industry organized a ‘Make in India: Global Investors’ Summit’ on 16 September. The seminar was held to explore

Boosting Defence Investment & Production

energizing the Indian Aerospace Industry

co-development, co-production and investment opportunities for the multi-billion dollars Indian market in sync with the philosophy of ‘Make in India.’

Mr Rao Inderjit Singh, Minister of State for Defence, addressed the Summit and interacted with businesses interested in doing business with India. Mr Ranjan Mathai, Indian High Commissioner to UK, as well as senior officials from the Ministry of Defence, the Ministry of Commerce and Industry and the Indian High Commission, also participated in the interaction.

Aerospace has acquired a unique niche in warfare due

to its indispensable position in any type of conflict. Industry has and will continue to play a vital role in strengthening this sector, both in terms of military and civil use. Supporting this, the Indian Government has welcomed the involvement of the Indian private sector in some of its big ticket programmes. The ‘Make in India’ initiative has also created abundant opportunities for the Aerospace sector for indigenous manufacturing as well as integration into the global supply chain.

CII, in association with the Indian Air Force and Centre for Air Power Studies (CAPS) organized the 10th International Conference on ‘energizing Indian Aerospace Industry-the road Ahead’ on 8-9 September in New Delhi.

Chandrajit Banerjee, Director General, CII (far right) addressing at the ‘Make in India: Global Investors’ Summit’ in London. Also seen (L-R) Baba Kalyani, Chairman, CII National Committee on Defence, and CMD, Bharat Forge Ltd; Shubhra Singh, Joint Secretary, DIPP; Gen AK Ahuja, DCIDS(PP&FD) MoD/Army; Rao Inderjit Singh, Minister of State of Defence; Sanjay Garg, Joint Secretary (DIP),

Ministry of Defence; Arun Ramchandani, Vice President and Head, Product & Technology Development Centre, Larsen & Toubro; Görgen Johansson, President, Saab Dynamics AB; Mark Simpkins, Vice President & General Manager, India, BAE, at ExCeL London

The annual conference, over a decade, has been highlighting defence technologies in the Aerospace sector, the design and development of Aerospace systems, indigenization, and developing partnerships with both public and private sector companies.

In its 10th edition, the conference looked at the goals achieved so far towards indigenization by the Defence Industry, through discussions on the progress so far, the institutional thrust towards ‘Make in India,’ setting up an Aviation Industry in India,

designing an aerospace eco-system, and empowering MSMEs.

A formal report, mainly comprising of key takeaways from the deliberations, would be shared with the Ministry of Defence shortly.

Air Marshal Vinod Patney, SYSM PVSM AVSM VrC (Retd); Director General, Centre for Air Power Studies; Air Marshal Sukhchain Singh, AVSM VSM, Air Officer

In-Charge Maintenance, Indian Air Force, and Sujith Haridas, Deputy Director General, CII, at the Conference on ‘Energizing the Indian

Aerospace Industry’ in New Delhi

sectoral synergydefence and aerospace

Page 26: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

32 | October 2015 Communiqué

the Workshop on ‘Understanding the Nuances of Intellectual Property (IP) for Defence

manufacturing,’ held on 16 September in New Delhi, explored various aspects of IP. Senior officials from the Defence Research and Development Organization (DRDO), as well as representatives of Indian and international Industry shared their perspectives on topics such as classification of IP, rights related to usage of IP, technological organization and designs for linking know-why, know-how and know-what for in-house technology development, technology maturity and readiness levels, IP through transfer of technology, technology licensing, etc.

An important feature of the workshop was the introduction to the methodology to conduct ‘technology due diligence’ and IP valuation techniques. The workshop also prepared the participants with a fair knowledge on Intellectual Property to be able to draft

IP for Defence manufacturing

Rights for Proposals (RFPs) independently, as also enable proper valuation of technology intended to be absorbed through Offsets.

Air Vice Marshal GPS Dua (Retd), Workshop Coordinator; Rahul Chaudhry, CEO, Tata Power SED; S Radhakrishnan, OS & Director, DIITM, DRDO, and Satish Kaura, Chairman, CII Sub-Committee on Offsets, and CMD, Samtel Group,

at a workshop on ‘IP for Defence Manufacturing’ in New Delhi

Mr Kiran Karnik, Chairman, CII National Committee on Telecom & Broadband, and Mr Bhaskar Pramanik, Chairman, CII National Committee on IT & ITeS, and Chairman, Microsoft India, called on Mr J S Deepak, newly-appointed Secretary, Department of Electronics and Information Technology (DeitY), on 15 September, in New Delhi.

Mr Karnik presented the recommendations of the Digital India Summit, organized earlier in April this year, coinciding with the first edition of the Global Exhibition on Services (GES), to the Secretary. He also updated Mr Deepak on the work being undertaken by the CII National Committee on Telecom and Broadband and the CII National Committee on IT and ITeS for the Digital India programme.

CII also presented a Compendium of Cross-Company Best Practices highlighting the success stories for Digital India, to Mr Deepak.

towards a Digital India

CII organized an interaction with Mr Sudhanshu Pandey, Joint Secretary, Ministry of Commerce and Industry, for members of the CII Services Council on 7 September in New Delhi.

The discussions spanned various reforms and policy measures undertaken by the Government and also put forth key issues and challenges faced by some of the important areas of Services such as Retail, Tourism and Hospitality, Logistics, and Legal, Architectural and Professional Services.

Mr Sudhanshu Pandey requested CII to form sectoral committees, bringing together the Government, Industry members and sectoral associations, to deliberate on the challenges in Services exports, and the way forward.

The meeting was chaired by Mr Malvinder Mohan Singh, Chair, CII Services Council, and Chairman, Fortis Healthcare.

Interaction on Services

Sudhanshu Pandey, Joint Secretary, Department of Commerce, Ministry of Commerce & Industry; Malvinder Mohan Singh, Chair, CII Services Council, and

Chairman, Fortis Healthcare; Amita Sarkar, Deputy Director General, CII, and Dr George W Watts, Founder, Top Line Talent, at an interaction in New Delhi

defence and aerospace

Page 27: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

34 | October 2015 Communiqué

sectoral synergy energy

India’s economic and social goals will not be compromised, assured Mr Sushil Kumar, Additional Secretary, Ministry of

Environment, Forest and Climate Change, at the 4th annual CII Climate Change Conclave, held on 10 September in New Delhi. Providing an insight into the position India is likely to take at the up-coming Conference of Parties (CoP) 21 in Paris, he said, “We are not likely to take sectoral commitments but will give an economy-wide achievement and have made provisions and scope for each sector in the Intended Nationally Determined Contributions (INDCs).

“While the nations debate ‘deep decarbonization’ at CoP21, there is no argument that clean energy must be adopted, energy consumption must be more efficient, and lifetime costs of industry and infrastructure should take into account some rise in temperature and the need to limit this temperature rise to 2o by the end of this century,” said Mr Kumar.

The debate on Climate Change is heating up as we draw closer to the CoP 21. “All countries will be bound by an agreement which will be universal. The essential argument being advanced by developing nations is that this agreement should not impact their economic and social development,” he said.

Mr Kumar said that India is set to announce its INDCs this month, which will include the country’s vision to ensure increased adoption of green energy and processes to improve energy efficiency without compromising the scope and pace of socio-economic development.

Urging Industry to look at what paths different sectors would like to adopt, Mr Kumar said, “All sectors have to come out with a strategy which will guide their actions over the course of the next decade. Plans need to be made keeping in mind timeframes of about 50 years. These sectoral strategies can then be consolidated and shared with the Government to enable them to strategize for the next 10 years.”

Climate Change ConclaveMr Kumar also shared that, for the first time ever, the Government will host the India Pavilion at CoP21, featuring exhibits by Ministries, the States and Industry, to

showcase the country’s Climate Change success stories, with special focus on Renewable Energy.

In his keynote address, Dr Ajay Mathur, Director General, Bureau of Energy Eff iciency (BEE),

emphasized the role of renewables, reforestation and energy efficiency in mitigating Climate Change. The major barriers to this process in India are the

upfront cost of investments in renewables and energy efficiency, especially due to high interest rates, and land acquisition for projects. Rapid improvements are, however, underway in these areas, based on improved business models and upgrades in technology and innovations, he said. He cited the example of

the adoption of LED bulbs across the country as a success story of technology adoption.

Dr Mathur also emphasized that adaptation is essential to increase resilience and lower vulnerability to Climate Change. Here too, the barriers include capital and land availability, but the crux is to manage resources and processes better, and communicate the benefits of energy efficiency to stakeholders across the consumption chain. A crucial resource to manage is the flow and storage of water by developing underground water reservoirs to capture flows of rivers or harvest rainfall, he said.

Mr Ajay Goel, President, Solar Business, and Chief Lead, New Business, ReNew Power Ventures Pvt Ltd, spoke of the rising air pollution and greenhouse gas emissions, and the urgent need to build systems to ensure a cleaner, greener and energy-secure future. Commending the Government’s initiative to take the lead globally with its ambitious 175 GW renewable energy capacity target by 2022, he reiterated Industry’s commitment to realizing this vision.

Ajay Goel, President, Solar Business and Chief Lead, New Business, ReNew Power Ventures Pvt Ltd; Susheel Kumar, Additional Secretary,

Ministry of Environment, Forest & Climate Change; and Dr Ajay Mathur, Director General, Bureau of Energy Efficiency,

at the Climate Change Conclave in New Delhi

Page 28: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 37

the 9th edition of the CFO Summit 2015, with the theme of ‘Millennial CFO –

Driving Performance & Business Value,’ hosted 200+ visionary Chief Financial Officers (CFOs) and finance professionals from various industry verticals, to discuss how the role of the CFO has changed over the years to be part of the business instead of chasing the business, and n o w d r i v e s i n n o v a t i o n , differentiation, c o m p e t i t i v e advantage and real value.

“ A s C F O s you have to u n d e r s t a n d the in te rp lay of debt, equity and leverage. Operating with thin equity is like skating on thin ice. Leverage, on the other hand, is like blood pressure, it should neither be too high nor too low as both are injurious,” said Mr S S Mundra, Deputy Governor, Reserve Bank of India (RBI), inaugurating the Summit on 23 September in Mumbai.

“The role of the CFO is of a strategic advisor. In a start-up, the question is not just of liquidity, there is also immense pressure to scale up rapidly. But there should be the necessary compliance, support and ecosystem. It is also important to distinguish between income and revenue from profit, because many companies consider both to be the same,” he said. Calling for more women CFOs, he observed that, “despite their stellar academic performances, women CFOs are missing from action. Men are result-oriented while women are process-oriented. I believe women would prove to be good CFOs.”

M r M u n d r a ’ s comments connected to two key sessions in the Summit, on

‘Start-up CFOs – Resilience, Volatility & Growth’ and ‘Voices of Women Leaders – Diversity & Challenges,’ which were addressed by start-up company CFOs and women CFOs respectively.

“A millennial CFO needs to be aware of global financial architecture, with the capacity to look at innovative structured deals and the expertise

to leverage the intangibles,” said Mr Yaduvendra Mathur, CMD, EXIM Bank of India.

These volatile t imes call for ICE, said Mr V S Parthasarathy, S u m m i t Chairman, and G r o u p C F O, Group CIO, and President (Group Finance & M&A),

Mahindra & Mahindra Ltd. He elaborated that ‘I’ stands for the ability of companies to innovate and adapt; ‘C’ is for Climate Change that will dramatically alter how we do business in the future, and ‘E’ is for Experiential Commerce, where business is driven by the kind of experience companies can trigger in the customer.

A CII-Deloitte Report titled ‘Millennial CFO – Driving Performance & Business Value,’ was released at the Summit. The report looks at the changing business scenario in India, where the CFO has to successfully deliver the value of the business venture, playing different roles from the evolution of the business to managing market volatility, acceptance, and finally, growth.

The panel discussion on ‘Start-ups CFOs’ looked at the CFO’s role in defining, growing and making a start-up business successful. A start-up CFO has to wear many hats, as a risk mitigator, strategic advisor and

Porus Doctor, Partner, Deloitte India; V S Parthasarathy, Chairman, CII CFO Summit 2015, and Group CFO, Group CIO, & President (Group Finance & M&A), Mahindra & Mahindra Ltd; S S Mundra, Deputy Governor, Reserve Bank of India; Sudhir Mehta, Deputy Chairman,

CII (WR) and CMD, Pinnacle Industries, at the CFO Summit 2015, in Mumbai

Prajakti Sachin Kotwal, CFO, Brinks India Pvt. Ltd; Vibha Padalkar, Executive Director and Chief Financial Officer, HDFC Standard Life Insurance Company Ltd;

Latha Venkatesh, Executive Editor, CNBC - TV18; Neeta Revankar, CFO and Member of the Board, Sasken Communication Technologies Ltd, and Jyoti Walunj,

Head - Finance & Accounts, Mahindra Agri & CE Business, Mahindra and Mahindra Ltd

sectoral synergyfinancial sector

Page 29: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

38 | October 2015 Communiqué

business development leader in the changing regulatory and global environment, to help build a sustainable and value-creating organization, said Mr Kaushik Sen, CEO & Co-Founder, Healthspring and Wellspring Healthcare; Mr Alok Bansal, Co-Founder & CFO, Policy Bazar, Mr Amit Sinha, CFO & VP – Business & People, Paytm; and Mr Sanjay Baweja, CFO, Flipkart.

In the panel on ‘Voices from Women Leaders,’ Ms Neeta Revankar, CFO & Member of the Board, Sasken Communication Technologies Ltd.; Ms Vibha Padalkar, ED & CFO, HDFC Standard Life Insurance Co., Ms Prajakti Kotwal, CFO, Brinks India Pvt. Ltd.; and Ms Jyoti Walnuj, Head – F&A, Mahindra Agri & CE Business, M&M Ltd. brainstormed on ‘Diversity & Challenges.’

The panels were moderated by Ms Menaka Doshi, Executive Editor, and Ms Latha Venkatesh, Executive Editor, respectively from CNBC TV 18, the Media Partner.

The session on ‘Innovation and Technology – The Road Ahead,’ discussed how new age CFOs need to guide the organization to latest technologies, manage structural changes and improve business processes in an era of new digital solutions such as Big Data and Cloud Computing. The participants were Ms Neelam Dhawan, VP & GM, Enterprise Group, and Country MD, HP India; Mr Puneet Gupta, MD, Enterprise & Public Sector Sales, Cisco India; Mr Manoj Chugh, President, Enterprise Business, Tech Mahindra Ltd; and Mr Sunil Mehra, VP, Middleware, Oracle India.

The one of its kind ‘Reverse Town Hall’ was novel in terms of audience engagement, with the participants posting questions through a special CII CFO Summit mobile-app, and participating in live polls as well, on the increased need for governance to help reduce costs, create value and enhance competition.

financial sector

Sanjay Baweja, CFO, Flipkart; Alok Bansal, Co-Founder and CFO, Policy Bazaar; Menaka Doshi, Executive Editor, CNBC - TV18; Kaushik Sen, CEO & Co-Founder, Healthspring and Wellspring Healthcare, and Amit Sinha, CFO and Vice President – Business & People One97 Communications (Paytm)

Sunil Mehra, Vice President – Middleware, Oracle India; Puneet Gupta, MD, Enterprise & Public Sector Sales, Cisco India & SAARC; Rajarshi Sengupta, Senior Director, Deloitte Touch Tohmatsu India Pvt. Ltd; Neelam Dhawan, Vice President and General Manager, Enterprise Group, and Country MD, Hewlett-Packard India; and Manoj Chugh, President – Enterprise Business,

Tech Mahindra Ltd

Page 30: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 39

In d u s t r y , both public and private,

should adopt one village each towards ensuring i n c l u s i v e d e v e l o p m e n t , said Mr Anant G Geete, Minister of Heavy Industries & P u b l i c Enterprises, at t h e s e m i n a r o n ‘ C S R – Impacting People Transforming Lives,’ organized jointly by CII and the Department of Public Enterprises on 15 September in New Delhi. Appreciating the work of the CII Public Sector Enterprise (CPSE) Council on Corporate Social Responsibility (CSR) and its support to Government initiatives such as the Swachh Bharat Mission, under which the CPSE has supported the building of a large number of toilets, the Minister said such efforts would go a long way in realizing a transformation in public health, sanitation and hygiene.

Mr Geete released a CII CSR Compendium, ‘Transforming Lives through CSR’ which is a pictorial and descriptive narration of the exemplary work being done by Public Sector Enterprises all over India including the North East, Naxal-affected areas of Chattisgarh and Orissa, and the tribal belts, resulting in improved literacy rates and livelihood.

In his keynote address, Dr Madhukar Gupta, Additional Secretary, Department of Public Enterprises, urged companies to build bridges by bringing together different stakeholders for the cause of nation-building.

Mr B Prasada Rao, Chairman, CII Council on Public Sector Enterprises, and CMD, BHEL, said that recent years have witnessed the role of CSR evolving significantly, from mere philanthropy to social responsibility. He shared BHEL’s novel efforts in the area of organ donation, where all BHEL employees have pledged their eyes, benefitting around 500 families already.

Setting the tone in Plenary Session I, Mr Vimal Wakhlu Chairman, CII Sub-committee on CSR of the CII PSE

Counc i l , and C M D , T C I L , said that CSR is touching people’s lives, and should be enhanced through the use of technology. T h e s e s s i o n shared examples such as NTPC’s construction of 24800 to i le ts in about 15200 schools spread over 17 States,

HPCL’s Nanhi Kali initiative to educate the girl child, L&T’s skill-building initiative with 8 construction institutes, and the community development programmes of the Rourkela Steel Plant (SAIL).

In the panel discussion on ‘Post Companies Act 2013 – Challenges in Implementation of CSR Projects,’ representatives of leading PSEs shared their experiences in the implementation of CSR activities. The concerns ranged from promotion of livelihood and restoration of Himalayas, to changes in the rules on expenditure on CSR, and impact assessment parameters, and effective use of CSR funding.

Ms Sibani Swain, Economic Advisor, Ministry of Corporate Affairs, clarified the concerns raised by the participants. A Quiz on CSR drew active participation.

Plenary Session III presented the Success Stories of CSR, with representatives of organizations like BHEL, Coca Cola, Ambuja Cement Foundation, and MECON, among others, sharing their achievements in areas such as water management, solar energy, healthcare, women empowerment, education, sustainable livelihood, skill development, sanitation and drinking water, and waste management.

Dr Madhukar Gupta, Additional Secretary, DPE, who chaired the session, stressed on finding cost-effective solutions using limited resources.

Ms Varsha Joshi, Joint Secretary, Ministry of New and Renewable Energy, highlighted the problem of traditional chulhas in households, which is a source of pollution and a huge health issue.

CSr - Impacting People, transforming lives

Dr Nalin Shinghal, CMD, CEL, Dr Madhukar Gupta, Additional Secretary, Department of Public Enterprises; Anant G Geete, Minister of Heavy Industries & Public Enterprises; B Prasada Rao, Chairman, CII Council on Public Sector Enterprises, and CMD, BHEL, and Vimal Wakhlu, CMD,

TCIL, at the Seminar on ‘CSR-Impacting People, Transforming Lives’ in New Delhi

manufacturing

Page 31: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

40 | October 2015 Communiqué

the 14th edition of the Manufacturing Summit, held on

24 September in Mumbai, explored the changing landscape of the Indian Manufacturing sector, caught between the slow yet steady recovery arc it is currently witnessing buoyed by the high-profile 'Make in India’ campaign, countered by the lacunae in structural reforms.

With the theme of ‘Future of Indian Manufacturing: Bridging the Gap’ the Summit analyzed trends and sub-themes such as:

• Indian Manufacturing: Bridging the perennial gap between aspiration and reality

• Envisioning the factory of tomorrow

• Make for India: The opportunity and challenges in making for local markets

• Innovation in Indian Manufacturing

• Changing culture and mindsets in Manufacturing Shop floors

“We have to do a lot to inspire both Indian and global investors to invest in India. And this can happen only through genuine partnerships, be it between Manufacturing and Services, or business and labour. We have to create 100 million jobs in the country to remove inequality and poverty,” said Mr Ajay Shankar, Chairman, Expert Committee on Regulatory Approvals, Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry.

Commenting on the labour element of Manufacturing, he said, “We have had some extraordinary successes but are nowhere in the global scale for conventional labour- intensive manufacturing. This is a weakness. Because of rising labour costs, 300 million jobs are moving away from China. There is a window of opportunity-we can get 50 million of those jobs if we get our act together.”

“We rate 140 in the global ‘Ease of Doing Business’ markers. We can quickly get into the first 80 by simply matching the best practices of different States in the country,” said Dr Naushad Forbes, President Designate, CII, and Director,

Forbes Marshall Ltd.

“Some of the f inest Manufacturing companies are based in India, doing exemplary quality production. We have strength, but the question is, how do we build on those strengths and improve the areas that need improvement?” We have to realize that Industry cannot ask for protection; the more

protective we become, the world will react in the same way. Our strength must come from competitiveness and not from protection,” stated Mr Jamshyd N Godrej, Summit Chairman, Past President, CII, and Chairman & Managing Director, Godrej & Boyce Mfg Co Ltd.

Other eminent Speakers at the Summit included Dr Arindam Bhattacharya, Senior Partner & MD, BCG India; Mr R Mukundan, MD, Tata Chemicals Ltd; Mr Dilip Chenoy, MD & CEO, NSDC; Mr M S Unnikrishnan, MD & CEO, Thermax Ltd; Mr Rajan Wadhera, President & Chief Executive, Mahindra & Mahindra Ltd; Mr Jeff Walters, Partner & MD, BCG Hong Kong; Mr Daniel Kupper, Partner & MD, BCG Cologne; Mr Rakesh S, Director, ISRO; Prof Rishikesha T Krishnan, IIM Indore; Ms Geetika Kambli, Managing Partner, Future Factory; Mr John Edwin, Sr Vice President & CO, TAFE; Mr Amar Kaul, Territory Vice President and Business Head, Ingersoll Rand; Mr Satendra Singh, Director & Head, Manufacturing, Nokia Solutions Network; Mr Virjesh Upadhyay, All India General Sescretary, Bharatiya Mazdoor Sangh; Mr Vineet Kaul, Chief Human Resources Officer, Hindalco Industries Ltd; Mr Pradeep Bhargava, Co-Chair, CII National Committee on Industrial Relations, and Director, Cummins India Ltd, and Mr Sudhir Mehta, Deputy Chairman, CII (WR), and CMD, Pinnacle Industries Ltd, among others.

A CII-BCG Report titled ‘Future of Indian Manufacturing: Bridging the Gap’ was released on the occasion. Underlining the efforts Industry and Government can make to harness the potential of the Manufacturing sector, the Report notes the progress achieved, and the gaps that need to be bridged.

future of Indian manufacturing: Bridging the Gap

Dr Arindam Bhattacharya, Senior Partner & MD, BCG India; Pradeep Bhargava, Director, Cummins India Ltd; Dr Naushad Forbes,

President Designate, CII, and Director, Forbes Marshall Pvt Ltd; Ajay Shankar, Chairman, Expert Committee on Regulatory Approvals,

Department of Industrial Policy and Promotion (DIPP, Ministry of Commerce & Industry, and Jamshyd N Godrej, Past President, CII, and CMD, Godrej &

Boyce Mfg Co Ltd; at the 14th Manufacturing Summit, in Mumbai

manufacturing

Page 32: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

42 | October 2015 Communiqué

engaging with Indian railways

CII organized an exclusive interactive session with Mr P V Vaidialingam, Adviser (Finance), Railway Board, on 9 September in New Delhi, to get an

understanding of the Indian Railways’ plans and initiatives to attract partners for their ambitious projects.

Mr Vaidialingam said the Ministry of Railways is undertaking a host of measures to resolve the concerns of private players. Indian Railways (IR) is also making

the Indian manufacturing sector is poised at a critical juncture. Indian manufacturing will need to grow in double digits for the next 7

years to achieve the goal of contributing 25% to GDP by 2022.

The CII Manufacturing Council organized an interaction on ‘Make in India’ with Dr Ajay Kumar, Additional Secretary, Department of Electronics and Information Technology (DeitY), Mr Syedain Abbasi, Joint Secretary, Ministry of Steel, and Ms Ravneet Kaur, Joint Secretary, Department of Industrial Policy and Promotion (DIPP), in New Delhi on 14 September, to discuss the concerns impeding manufacturing growth and opportunities for propelling growth.

Setting the context, Mr Anant Talaulicar, Chairman, CII Manufacturing Council, and CMD, Cummins India Ltd, apprised the Government Secretaries of the various initiatives undertaken by the Council to boost manufacturing. He presented a dashboard capturing the status of various initiatives undertaken by the Government with respect to the ‘Make in India’ campaign, as well as sectoral perspectives, with a focus on prioritizing recommendations that would result in easy wins and create significant impact.

CII members shared that the electronics hardware manufacturing sector has been facing high cost of finance, power and logistics which has disadvantaged Indian manufacturers, making finished imports cheaper than domestically manufactured products, especially as the sector had zero import duties. Dr Kumar assured the Government’s commitment towards creating an enabling eco-system for the sector. The Government, he said, had refrained from signing the ITA – 2 for the moment. He also stated that the sector had attracted `1,20,000 crore of investments in the last 2 years, most of it coming in the past few months under the

Interaction on ‘make in India’

Ravneet Kaur, Joint Secretary, Department of Industrial Policy and Promotion; Dr Ajay Kumar, Additional Secretary, Department of Electronics and IT; Anant Talaulicar, Chairman, CII Manufacturing Council, and CMD, Cummins India Ltd, and Syedain Abbasi, Joint Secretary, Ministry of Steel,

at the Interaction on ‘Make in India’ in New Delhi

Modified Special Incentive Package Scheme (MSIPS). The outlook for the sector is bright, and it is slated to attract USD 100 billion investments in the next 6-7 years, he said, with possibilities for India to become the No 2 manufacturing destination for Electronics hardware, after China. He urged domestic manufacturers to look at sunrise areas such as Defence and Automotive electronics, Design in India, Flexible Electronics, and Fabrication.

Members from the Steel Industry shared that the sector has recently been facing severe hindrances due to cheap imports and dumping of steel from certain countries, making the price of domestically manufactured steel uncompetitive. Mr Abbasi broadly outlined the strategy that the domestic steel sector could follow to compete effectively in the months to come, and requested Industry to work closely with the Government to preserve the sector’s competitiveness.

Ms Ravneet Kaur urged the manufacturing sector to focus on employment creation.

Mr Jayant Davar, Co-Chairman, CII Manufacturing Council, and Co-Chairman and MD, Sandhar Technologies Ltd, acknowledged the Government’s drive towards creating policy reform, and called on members, the DIPP, and nodal ministries, to work closely together for the growth of Manufacturing in India.

efforts towards financial sustainability, he said, and will mobilize resources for decongestion and expansion. He also informed that Indian Railways is working towards providing more balanced contractual conditions and a level playing field for private parties.

Mr Vaidialingam pointed to the need for an independent regulator for the Railways as, at present, the policy-maker and the implementing body are the same.

manufacturing

Page 33: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 43

manufacturing

Mr Vinayak Chatterjee, Chairman, CII Railway Task Force, and Chairman, Feedback Infra Pvt Ltd, while complimenting and appreciating the identified thrust areas for the Railways, put forth three questions to the Adviser.

Firstly, what are the investment plans for five years of Indian Railways to raise resources for its ambitious projects. Secondly, what is the status of the proposed setting-up of a statutory independent regulator which would help in balancing risk and return ratio. Thirdly, there are issues concerning the present accounting system of the IR, which has been pointed out by the Dr Bibek Debroy Committee report, too.

Responding to the questions, Mr Vaidialingam said that IR is undertaking various initiatives to mobilize resources for major projects. He informed that the agenda for the next five years would be a rolling five year plan.

He agreed that the Indian Railways requires an independent regulator, and the process for putting this in place has been initiated. A committee has been formed for preparing the draft bill and is under serious consideration, he said.

For accounting reforms, Mr Vaidialingam explained the

complexity of the accounting method in Indian Railways and the process required for reforms.

Mr Vaidialingam, through a presentation, highlighted the various plans and initiatives undertaken by Indian Railways, since the last budget.

The session provided insights on how Industry can better align its activities with the priorities of the Indian Railways. It looked at the ways of engagement and participation from Industry in the various initiatives and plans on the Ministry’s anvil.

The session was attended by railway wagon and equipment manufacturers, representatives of infrastructure companies, Public Sector Undertakings, and others.

the Indian Speciality Chemicals industry produces a staggering range of chemicals that are essential inputs for other fields

of commercial enterprise. Currently a market of USD 20 billion, India is expected to quadruple its Specialty Chemicals revenues to USD 80 billion in the coming decade.

For the Indian Special i ty Chemicals industry to be competitive, feedstock is an important factor to consider. Companies that close the feedstock gap for other burgeoning sectors will grow. Alternate sources of feedstock need to be utilized. Coal, pet-coke, salt, biomass and select petrochemicals raw materials like castor oil and rapeseed oil are abundantly available in the country. There is a need to invest in R&D and innovation to

enhancing the Competitiveness of the Indian Speciality Chemicals Industry

solve, amongst others, the feedstock issue.

India’s demographics and its desire to innovate offer advantages to Speciality Chemicals manufacturers.

However, to sustain growth and become globally competitive, product quality must be the focus. An efficient workforce and sustainable technologies are essential to ramp up production and maintain

international standards. A globally competitive Indian Speciality Chemicals industry can drive growth across the spectrum and ensure that the nation’s economic momentum is sustained.

CII released the Background Paper on the ‘Report on Key Feedstock for Speciality Chemicals 2015’ and the CII Survey Outline on Key Feedstock for Speciality Chemicals during its seminar on ‘Enhancing the Competitiveness of the Indian

C P Sharma, Vice Chairman, CII Rail Transportation & Equipment Division, and MD, Daulatram Engineering Service P Ltd; P V Vaidialingam, Adviser

(Finance), Railway Board; Tilak Raj Seth, Chairman, CII Rail Transportation & Equipment Division, and Executive Vice President (Mobility), Siemens,

and Vinayak Chatterjee, Chairman, CII Railway Task Force, and Chairman, Feedback Infra Pvt Ltd., at an interaction in New Delhi

Rupark Sarswat, Chairman, CII Sub-Committee on Feedstock, and MD, Croda India Company Pvt Ltd;

Nadir B Godrej, Chairman, CII National Committee on Chemicals, and MD, Godrej Industries Ltd;

Surjit Kumar Chaudhary, Secretary, Department of Chemicals & Petrochemicals, Ministry of Chemicals

& Fertilizers, at the seminar on ‘Enhancing the Competitiveness of the Indian Speciality Chemicals

Industry,’ in Mumbai

Page 34: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

44 | October 2015 Communiqué

Expanding the ‘Horizontal Perspective’ through Flow Concept

Module 2 of the VLFM Senior Manager Programme, on ‘Horizontal Exploration’ was held from 8 -12 September in Gurgaon, for 58 senior management delegates from 28 companies.

Mr Takeyuki Furuhashi, Japanese Expert on Toyota Production System, guided the participants on Principle and Benefits of Flow Concept, which sees Manufacturing as a flow through the entire supply chain to the final consumer, with delivery flow, production flow and procurement flow between suppliers and customers.

The programme included plant visits to Sandhar Automotive, Gurgaon, and Gabriel, Khandsa.

Mr Hussain Shariyarr, Manufacturing Head & Senior Vice President, Godrej & Boyce Mfg. Co. Ltd, who is also a graduate of Batch 2 of the VLFM Programme, shared the Godrej Shirwal Case Study, where learnings from the programme were applied to transform the plant.

Mr Neeraj Hans, Chief Operating Officer, Sandhar Automotive, Gurgaon, which participated in the 1000 VSME programme, shared the success story of ‘Creating Complete Efficient Flow in Tier 1’.

Champions for Societal manufacturing

Sharing best practices on efficient flow of material and information in supply chain, Mr M M Singh, Executive Advisor, Maruti Suzuki India Ltd, emphasized the importance of having robust systems, and adhering to them, with change management for 4M in manufacturing i.e. Manpower, Machine, Material and Method.

JICA to Recommend Extension of CSM / VLFM Project

CII’s flagship ‘Champions for Societal Manufacturing’ (CSM) project, earlier known as the Visionary Leaders for Manufacturing (VLFM) programme commenced in April 2013 and is scheduled to end in March 2016.

A three-member team from the Japan International Cooperation Agency (JICA) has announced that recommendations would be made to extend the CSM project for another two and a half years, from April 2016 to September 2018, after thorough evaluation of the project from 10 to 24 September. The programme was reviewed on five parameters: relevance, effectiveness, efficiency, impact and sustainability.

The evaluation comprised of data collection and analysis, with industry visits, interviews and discussions with stakeholders at multiple project locations, such as Gurgaon, Jamshedpur, Thattanahalli village near Bengaluru, Dharwar, Kolkata, and New Delhi.

Module 2 of the VLFM Senior Manager Programme in Gurgaon.

Meeting with JICA team in New Delhi

Speciality Chemicals Industry’, on 16 September 2015, in Mumbai. Mr Surjit Kumar Chaudhary, Secretary, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, who was the Chief Guest at the seminar, released the Background Paper.

Originally published in 2013, the report studied applications and usage patterns of ten raw materials

that are of interest to the sector. The updated report will highlight India’s chemicals capability and be the primary reference material for anyone with an interest in the sector.

The final report will be released at CII’s ‘Chemistry Everywhere’ conference on ‘Addressing the Challenges of Modern India’ on 26 November, in Mumbai.

manufacturing initiative

Page 35: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

46 | October 2015 Communiqué

the CII- ITC Centre of Excellence for Sustainable Development kicked off its

10th year in sustainability with its annual Sustainability Summit on 15-16 September in New Delhi.

In retrospect, the last decade 2006-2015 has seen companies getting serious about sustainable business. Frameworks, systems and standards have evolved to help companies identify risks, develop strategies, and exploit opportunities. In 2015, we are perhaps at the cusp of the next big upgrade. The CII-ITC Centre of Excellence for Sustainable Development aspires that in 2025 sustainability will be the new usual. It won’t have to be discussed, it will be there. But what are the solutions?

Two days o f s t imu la t ing deliberations at the Summit spanned a wide sectoral spread, with topics like Solutions 2025, Road To & Beyond Paris, Smart Cities: Transforming Life, Transforming India, Electric Vehicles: Shaping the Future of Sustainable Mobility, Water for Life, Fair and Equitable Sourcing in Reputation Economy, A Decade of Managing Sustainability, Sustainable Business in 2025, SDGs & Post 2015 Development Agenda, The Value of Economic Bene f i t s o f B iod i ve r s i t y,

S u s t a i n a b l e A g r i c u l t u r a l Development in Punjab, and the Role of Private Sector in Achieving National Biodiversity Finance Targets.

The constructive discussions concluded that, without India, the fight against Climate Change would fail. Without India, the Sus ta inab le Deve lopment Goals (SDGs) are statistically unachievable. India is at the centre of any efforts of how the world should be sustainable. A key speaker said, “We know what to do, we have done the homework, we know it is possible, now, how do we make it happen?” This reflects that the opportunity for Indian businesses is bigger than the challenge, and it is high time to act on the solutions.

“I am convinced that protection of the environment and development is possible simultaneously, they go hand-in-hand, they are not against each other and that is what sustainable development means,” said Mr Prakash Javadekar, Minister of State (Independent Charge) of Environment, Forest & Climate Change, while inaugurating the 10th Sustainability Summit. He emphasized that the key to sustainability is employment.

Mr Javadekar announced that the Government is initiating

Celebrating A Decade of Sustainability

CII-ItC Centre of excellence forSustainable Development

towards excellence sustainability

Suresh Prabhu, Minister of Railways

Ashok Lavasa, Secretary, Ministry of Environment, Forest and Climate Change

Sumit Mazumder, President, CII,

and Chairman & Managing Director,

TIL Ltd

Dr Subir Gokarn, Former Deputy

Governor, Reserve Bank of India

Hem Pande, Special Secretary,

Ministry of Environment, Forest & Climate Change

Y C Deveshwar, Past President, CII, Chairman, CII-ITC

Centre of Excellence for Sustainable Development

Advisory Council, and Chairman, ITC Ltd

François Richier, Ambassador of France to India

Prakash Javadekar,Minister of State

(I/C) of Environment, Forest & Climate

Change

Page 36: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 47

Y C Deveshwar, Past President, CII, Chairman, Advisory Council of CII-ITC Centre of Excellence for Sustainable Development & Chairman, ITC Ltd; Suresh P Prabhu, Minister for Railways, India; Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd; Seema Arora,

Executive Director, CII-ITC Centre of Excellence for Sustainable Development; Atul Trivedi, Executive Director (ESMD & CSR), Power Grid Corporation of India; Tom Albanese, CEO, Vedanta Resources plc., and Fiona Sadler, Head of Ethical Trading, Marks & Spencer plc.

public-private partnership, where the land will remain with the Government, but private industries who are importing wood can do commercial harvesting. This, he felt, would not only create a new carbon sink but would also create competition for the Forest Department. The Minister appealed to the Industry to not take shortcuts to growth, but find alternative routes even if it takes a little longer, keeping in mind the life cycle costs.

Mr Suresh Prabhu, Minister for Railways, speaking at the Special Plenary, ‘A Decade of Managing Sustainability’ said that CII’s Sustainability Summit is a landmark event which has raised the bar of sustainability. Ten years of sustainability agenda has changed the mindset of people. “There is competition among companies today about who is more sustainable and greener. Greener the supply chain, greener is the sustainability process,” he said.

The Minister released a publication, ‘Decade of Managing Sustainability: Success Stories from 2006 – 2015,’ which records the evolution sustainability practices in India via the journey of the CII-ITC Centre of Excellence for Sustainable Development in its first decade.

Sharing his views on the ‘Road to Paris,’ Mr Ashok Lavasa, Secretary, Ministry of Environment, Forest and Climate Change, said, “the bottom line of the Paris agreement is to recognize the will and need for development. The paradigm of growth will change if investment is made in innovative technologies. India’s renewable energy initiatives are ambitious and are gathering momentum.”

The loss of biodiversity is irreversible, unlike Climate Change. In India, the global 20 Aichi Biodiversity Targets have been converted to 12 National Biodiversity Targets, said Mr Hem Pande, Special Secretary, Ministry of

Environment, Forest & Climate Change. “We need CEOs to understand what biodiversity is all about, they are the ones that make the decisions,” he added.

The official adoption of the Sustainable Development Goals in September will set CII on a new path to ensure the acceptance and implementation by Industry,” observed Mr Sumit Mazumder, President, CII, and Chairman & Managing Director, TIL Ltd.

With every passing year, sustainability has become a priority, said Mr Y C Deveshwar, Past President, CII, Chairman, CII-ITC Centre of Excellence for Sustainable Development Advisory Council, and Chairman, ITC Ltd. Sustainability, he said, has three dimensions: competitiveness, job-creation and social asset-formation, and environmental-asset creation. Given the growing challenges, he called on business to take a unified approach to arrive at sustainability solutions.

Speaking at the opening plenary and setting the macro-level context to the two-day discussions, Dr Subir Gokarn, Former Deputy Governor, Reserve Bank of India, and Director-Research, Brookings India, highlighted that there is no need for a trade-off between growth, development, and environmental protection. This is not an either/or choice but both can be achieved together, he said, looking forward to the emergence of more economically viable and sustainable technologies, and products and services in the next decade.

Mr François Richier, Ambassador of France to India, clarified that France will play the role of impartial negotiator to see success to the major event. At Paris, we want to turn vision into paper and then into business opportunities, he said. Negotiation should not hamper the economic development of any country, and the energy element is essential to consider when Climate Change is kept in mind, he added.

sustainability

Page 37: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 49

Q U o t e S

‘Steeper challenges will flow post the Paris agreement; We must secure the best possible deal for humanity at the Paris talks.’

Doug morris, Deputy Minister Counsellor for Economic, Environment, Science &

Technology Affairs, US Embassy

In tended Nat iona l ly Determined Contributions (INDCs) aim at making the Paris negotiation a route to achieving global consensus, but it won’t be enough to tell the impact of Climate Change in Paris.’

Jacob Werksman, European Union’s Lead Negotiator on Climate Change

‘Smart Cities have to serve as models to be replicated.

rajiv ranjan mishra, Joint Secretary (Housing), Ministry of Housing & Urban

Poverty Alleviation

‘Public private partnership projects are a must to provide affordable housing to the residents of a Smart City. ‘

Brotin Banerjee, MD & CEO, Tata Housing Development Company

‘Electric buses will be available in India by end 2016.’

Ambuj Sharma, Additional Secretary, Department of Heavy Industry

‘BMW is committed towards Sustainable Mobility Development.’

Andreas Klugescheid, Head of Steering Government & External Affairs & Sustainability Communications, BMW

‘The Government of India and Hero Electric are trying to have 5 million electric vehicles in the country in coming years.’

Sohinder Gill, Global CEO, Hero Electric

‘Water quality and water quantity are two major critical issues besides depletion of ground water levels and the increasing demand of water for irrigation.’

Nicholas hanley, Head – Environment, EU

‘The State and Central Government’s support is necessary for the implementation of the National Biodiversity Action Plan (NBAP).’

t rabikumar, Secretary, National Biodiversity Authority

‘Application of technology on harnessing bio resource should be brought in.’

Sachin Chaturvedi, Director General, Research & Information System for

Developing Countries (RIS)

‘For fair and equitable sourcing, there has to be fair and equitable pricing.’

mathew reddy, Director, Forests Solution Group, World Business Council

for Sustainable Development

‘If ISO 26000 is made as a full standard, it will become a benchmark for the supply chain.’

fiona Sadler, Head of Ethical Trading Marks & Spencer plc.

‘For us, sustainability means that communities are involved, informed and are in a better place because of us.’

tom Albanese, CEO, Vedanta Resources plc.

‘The broader vision for Sustainable Business should be BIAS; B-Balanced regional growth; I-Inclusion; A- accelerated economic growth and S-environment sustainability.’

S Sivakumar, Chairman, CII National Council on Agriculture, and Division Chief

Executive – Agri Business Division, ITC Ltd

‘The year 2015 will be the start of transformation in bringing solutions towards sustainability.’Peter Bakker, President, World Business

Council for Sustainable Development

‘Fundamentally, the world has only three problems – food, energy and water. Solutions to these are based on adaptation and technology.’r mukundan, Chairman, India Business

& Biodiversity Initiative, and MD, Tata Chemicals

‘The Sustainable Development Goals promote equal dialogue considering the concept of common but differentiated responsibilities.’

yuri Afanasiev, UN Resident Coordinator, and UNDP

Resident Representative in India

‘Enlightened leadership, change in consumption behaviour and certification are key solutions to safeguard biodiversity and ecosystem services.’

ravi Singh, Secretary General & CEO, WWF-India

sustainability

Page 38: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 51

CII Sohrabji Godrej Green Business Centre

green business towards excellence

National Award for Excellence in Energy Management 2015

CII-Godrej GBC annually organizes the National Award for Excellence in Energy Management to recognize and award excellence in energy management, and facilitate the sharing of best practices.

At the 16th National Award for Excellence in Energy Management on 2-3 September in Hyderabad, 126 short-listed companies representing various sectors made their presentations before a panel of judges. These short-listed companies reported total annual savings of ` 3490 crores by implementing energy management practices in the last three years, resulting in equivalent savings per annum of 290 MW.

This year, 64 companies were awarded as Excellent Energy Efficient Units and 63 companies were awarded as Energy Efficient Units.

Energy Efficiency Summit

The 14th edition of the Energy Efficiency Summit 2015, organized on 4-5 September in Hyderabad, brought all stakeholders together for sharing of best practices and facilitating exposure to the latest technologies in energy efficiency.

"Energy Efficiency should be a duty and a way of life," said Dr Kirit Somaiya, Member of Parliament, and Chairman, Parliament Committee on Energy, at the Inaugural Session. Highlighting the various initiatives of the Government of India in improving energy efficiency, he said, "We have many success stories in India which can be shared with the World.” India should work towards attaining a global leadership position by 2022, he said.

Dr Ajay Mathur, Director General, Bureau of Energy Efficiency (BEE) spoke about the success of the Perform Achieve and Trade (PAT) Scheme and the impact it has created on the energy sector. He called for an accelerated programme to promote Waste Heat Recovery in industrial sectors.

Dr Naushad Forbes, President Designate, CII, Chairman, Energy Efficiency Summit 2015, and Director, Forbes Marshall Pvt Ltd, said that adopting energy efficiency is good for the bottom line, for reducing emissions, and for creating a sustainable environment. To further accelerate energy efficiency in the country, he suggested

that Industry should set targets to reduce specific energy reduction by at least 10% in the next five years.

Mr Arvind Kumar, Secretary, Industries & Commerce, and Energy, Telangana, described the various initiatives taken by the State Government in promoting energy efficiency.

Energy efficiency not only saves money but also results in the improvement of products and their design, observed Dr Winfred Damn, Director, Indo-German Energy Programme, Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH. He called on institutions like CII and GIZ to form Working Groups for knowledge sharing, technology transfer and experience-sharing.

Mr Ravichandran Purushothaman, President, Danfoss Industries Pvt Ltd, and Ms Vanitha Datla, Chairperson, CII Telangana, and Executive Director & CFO, Elico Ltd, also spoke on the importance of energy efficiency.

World Green Building Week 2015

As part of the World Green Building Week 2015 celebrations on 21-27 September, the Indian Green

Building Council (IGBC) organized various outreach programmes across the country to highlight the need and importance of Green buildings for a sustainable tomorrow.

The theme this year was ‘Powering Positive Change,’ underlining that Green buildings power positive change by slashing energy use and emissions, saving water and waste to landfill, and providing healthier places for people to live and work in.

Dr Ajay Mathur, Director General, Bureau of Energy Efficiency addressing at the Award Distribution, in

Hyderabad. Also seen: (L-R) Vanitha Datla, Chairperson, CII Telangana and Executive Director & CFO, Elico Ltd; Dr Naushad Forbes, President Designate, CII, Chairman,

Energy Efficiency Summit 2015, and Director, Forbes Marshall Pvt Ltd, and R Purushothaman,

President, Danfoss Industries Pvt Ltd

Dr Kirit Somaiya, MP, and Chairman, Parliament Committee on Energy, addressing the Energy Efficiency Summit in Hyderabad

Page 39: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

52 | October 2015 Communiqué

CII-AvANthA Centre for Competitiveness for Smes

towards excellence sme competitiveness

on an average, Corrosion eats into about 5% of

a country’s GDP. And this reflects only the direct cost of corrosion i.e. materials, equipment and activities of maintenance. What gets left out is the implication on environment, wastage of resources, lost production and injury of personnel resulting from corrosion.

Following the Prime Minister’s call on ‘Zero Defect, Zero Effect,’ and consequent to the elevated India-US dialogue, the Government of India has taken up Corrosion Management as a national priority, and the Ministry of Chemicals and Petrochemicals has been appointed as the nodal Ministry for the National Mission on Corrosion Management.

Mr Surjit Kumar Chaudhary, Secretary, Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, at the inaugural of the 3rd Corrosion Management Summit on 3-4 September in New Delhi, emphasized the importance of education and skill development in the Chemical sector, to develop a pool of professionals equipped with the requisite skills for mitigating corrosion. Re-skilling and up-skilling would be an important aspect of this skilling programme, he said.

Mr. John McCaslin, Minister Counselor for Commercial Affairs, US Embassy in New Delhi, urged the Indian Government and Indian industry to urgently formalize the National Standards for mitigating corrosion. Much information and expertise on corrosion-related issues is available in the country; but it is confined to certain pockets and areas of Industry. Government-Industry partnership could be a good solution to propagate the benefits of anti-corrosion technologies through training and certification programmes, he suggested.

As a 10 year target, we should focus at lowering losses incurred due to corrosion down to 1% of GDP from the current 6%, said Dr Baldev Raj, Chairman, CII Corrosion Management Committee, and Director, National Institute of Advanced Studies.

A set of 14 booklets were released during the inaugural ceremony. The books are a ready reckoner for Industry professionals. Dr U Kamachi Mudali, Chairman, CII Faraday Council of Corrosion, explained that the books contain the knowledge and experience of experts in corrosion mitigation in India.

Continuous growth and progress is expected as new developments are encouraged in the area of corrosion control in Industry. CII has been actively taking up the task of corrosion mitigation for about a decade now, with the focus on protecting people, assets and environment. There is a need to convince all stakeholders that controlling corrosion would not only save money, but also have a positive impact on the environment.

An MoU between CII and NACE International Gateway India Section (NIGIS) was signed in the presence of Mr Surjit Kumar Chaudhary. Both organizations will work together towards corrosion mitigation in India, through activities such as:

• Forming a Task Force to prepare a White Paper on corrosion and approach the Government of India

• Collaborating to bring in corrosion standards in India

• Conducting sector-specific training and awareness sessions on corrosion

• Bringing technology providers and Industry together.

3rd Corrosion management Summit

John McCaslin, Minister Counselor for Commercial Affairs, US Embassy, New Delhi; Dr Baldev Raj, Chairman, CII Corrosion

Management Committee, and Director, National Institute of Advanced Studies; Surjit Kumar Chaudhary, Secretary, Department

of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers, India, and Dr U Kamachi Mudali, Chairman, CII Faraday Corrosion

Council, at the 3rd Corrosion Management Summit, New Delhi

Energy Efficient Systems

Investing in energy efficiency can not only hugely benefit individual businesses, but also take them ahead in the global race. A two-day advanced training programme on Energy Efficient Systems, conducted on 3-4 September in New Delhi, helped companies plan and utilize energy reserves, understand the benefits of

Page 40: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 53

investing in Green energy systems, and cut down on manufacturing costs.

Design and Reducing Defects & Failures

If an organization can detect design, process or equipment failures before they have a negative effect on the downstream manufacturing operations, the cost to address these failures goes down substantially. A robust Design and Process Failure Modes & Effects Analysis (D&P FMEA) thus improves the quality and reliability of a product. It also makes the manufacturing process more efficient and cost-effective, and closer to zero defect. A training programme on D&P FMEA was conducted on 3-4 September in New Delhi, to help companies take action to eliminate or reduce failure, starting with the highest-priority ones.

HR Excellence Mission

An HR Excellence Miss ion v is i ted V i k a s G r o u p a n d E s c o r t s Agri Machinery, Faridabad, on 23 Sep tember, t o interact with senior management on their HR practices.

Energy Efficiency for Cluster Companies

Members of the CII-Godrej (Interio) OEM Advance Vendor Cluster (Level II) and CII-Godrej (Interio) OEM Basic 5th Vendor Cluster (Level I) underwent a combined and special training on Energy Management

on 14 September in Mumbai, to emphasize the need to address the Zero Effect on environment. The focus was on energy conservation, water management, and waste management.

Godrej (Interio) and the participating vendors pledged to protect the environment by saving about 5 to 10% of energy by 31 March 2016. They also agreed to focus on implementing energy-saving kaizens.

Honda Cars Suppliers Club organized an awareness programme on Energy Conservation for their vendors in Pune on 15 September. An advanced training programme on energy management will follow this session.

ZED Cluster Launch

The maiden ZED (Zero Defect Zero Effect) Cluster was launched in Chennai on 28 September.

Supporting the ‘Make in India’ campaign, and to build competitiveness through ‘Zero Defect, Zero Effect,’ CII proposed many projects, one of which is the pilot ZED Cluster. An MoU was signed between the CII and the ACMA Centre of Technology (ACT) for forming ZED Clusters in the presence of Mr Anant Geete, Union Minister for Heavy Industries and Public Enterprises, earlier this year.

The cluster for competitiveness is being formed with select companies which will be mentored by Mr C Narasimhan, a pioneer of Cluster programmes in India. He will walk the participating companies through a structured roadmap to help them achieve the targets of Zero Defect, with environmentally efficient systems and mechanisms.

Guided by CII’s time-tested cluster development process, the ZED Cluster will focus on fast-tracking competence-building in the participant companies through intervention in areas like Total Employee Involvement, 5S, Skills, Work Culture, Quality and Environment, in a power-packed programme. The focus will be on moving from a few PPM (Parts Per Million) to zero PPM in terms of rejects. The ZED Cluster is an escalated version of the fundamental advance engineering clusters.

Advanced training programme on Energy Efficient Systems in New Delhi

Design and Process Failure Modes & Effects Analysis Programme

Launch of maiden ZED (Zero Defect Zero Effect) Cluster in Chennai

HR Mission members at Escorts Agri Machinery, Faridabad

sme competitiveness

Page 41: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

54 | October 2015 Communiqué

CII-Jubilant Bhartia food and Agriculture Centre of excellence

towards excellence food & agriculture

Agricultural growth is inextricably linked to overall economic growth. Recognizing the need to ensure a robust agricultural sector, by correcting existing

policy distortions and creating the right institutions to deliver services on the ground, CII and the Indian Council for Research on International Economic Relation (ICRIER) jointly organized a Roundtable on ‘Making Indian Agriculture Sustainable, Productive and Profitable’ on 15 September in New Delhi. The Roundtable looked at ways to make Indian Agriculture more sustainable through optimal utilization of scarce resources, more productive through technology interventions, and more profitable for farmers and agri-preneurs.

Policy, technology as well as institutional structures need to change to make Indian Agriculture sustainable, productive and profitable, stated Dr Ashok Gulati, Infosys Chair Professor, Agriculture, ICRIER, and Former Chairman, Commission for Agricultural Cost and Prices, Government of India. As policy options, there is a need to rationalize power, fertilizer and water subsidies, as these are distorting the cropping pattern by creating surplus in certain crops and deficit in others. To bring in sustainability, the money saved on subsidies can be put into management of natural resources, he suggested. To make agriculture profitable, it is important that the farmer understands the demand pattern and shifts to high value agricultural products. This shift is possible only when the right investments are made in infrastructure across the value chain, he felt.

Agriculture is still far below its potential in attaining sustainability, productivity and profitability, said Mr Sivakumar, Chairman CII National Council on

Agriculture, and Group Head, Agri and IT Businesses, ITC Ltd. On sustainability, the key challenge is utilization of water resources, and soil health. On productivity, most crop yields are below world average, and continue to be impacted by Climate Change and abnormal weather conditions. With respect to profitability, retaining youth in Agriculture is a big challenge. While technology solutions are well-known, the critical aspect is to make the solutions available to farmers at an affordable price, he said.

Given the complexity as well as importance of Indian Agriculture in economic terms, ICRIER is increasing its focus on Agriculture, particularly in areas of resource management, sustainability, climate change, etc, said Dr Rajat Kathuria, Director & Chief Executive, ICRIER. It is heartening to see that reforms in Agriculture are slowly taking place, and the implementation regime of direct cash transfer for fuel and LPG subsidy are examples of the larger reform process, he said. Similar models are also being developed for fertilizer subsidy that will give the Government more fiscal space to make the much-needed investments in irrigation, marketing, etc, he added.

Mr Pravesh Sharma, MD, Small Farmers’ Agribusiness Consortium, presented 5 ideas, ‘Panchsheel,’ to address the challenges confronting the Agriculture sector: build scale, improve access to institutional credit, promote land leasing at the State level, fast-track mechanization of farm operations, and enhance Agriculture trade through the creation of special agricultural zones.

Mr Michael J. Frank, Member, Executive Team & Vice President, Global Business, Monsanto, said digitization of Agriculture would help farmers make smarter decisions. The Indian agriculture landscape provides ample opportunity to

Making Indian Agriculture Sustainable, Productive and Profitable

Dr Ashok Gulati, Infosys Chair Professor, Agriculture, ICRIER; S Sivakumar, Chairman, CII National Council on Agriculture, and Chief Executive, ITC-ABD; Dr Rajat Kathuria, Director & Chief Executive, ICRIER; Pravesh Sharma, MD, Small Farmers’ Agribusiness Consortium, and

Michael J. Frank, Member, Monsanto Executive Team & Vice President, Global Business, Monsanto, at the CII ICRIER Roundtable on Agriculture in New Delhi

Page 42: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 55

digitize operations and use Big Data to improve efficiency at all levels of the value chain, he felt.

The discussions suggested that policy and institutional changes to make Indian Agriculture sustainable, productive and profitable, need to consider the following:

• Make production systems demand-driven

• Fast-track technology adoption

• Digitization of Agriculture

• Rationalize subsidies through better targeting and governance

• Strengthen Agriculture extension services

• Strengthen the regulatory environment for Agri R&D

• Strengthen Financing and Risk Mitigation Tools

• Restructure policy to address diversity in agro-climatic and cropping patterns

• Create Special Agricultural Zones

Strengthening techno-Culture in Agriculture

With limited natural resources (land and water) and labour, and the increasing pressure to grow more, Indian Agriculture needs to focus on

effective utilization of resources to ensure more output per unit of land and drop of water, for sustainable agricultural growth through massive productivity enhancement.

The CII - Jubilant Bhartia Food and Agriculture Centre of Excellence (FACE) organized the 1st edition of the CII Agri Technology and Mechanization Summit 2015 on 1 September in New Delhi, with the aptly-chosen theme of ‘Strengthening Techno-Culture in Agriculture.’

The Summit highlighted that appropriate customized and affordable solutions would enable Indian Agriculture to expand and scale up the adoption and application of technology and machinery to achieve the much-needed productivity breakthrough. The key to success lies in developing business models that make machinery and technical knowhow available to small and marginal farmers and end users.

The opportunity is evolving and so are the challenges, which were not earlier foreseen, such as sanitary and phytosanitary requirements, barriers to trade, germplasm sharing, honouring IPR, etc. Further, failure of the

extension machinery is adding to the delay in adoption of technology, and needs a change of approach. Experts at the Summit agreed that tackling these challenges requires strengthening the public-private connect, leveraging the respective competitive advantage, and supporting fresh start-ups and venture capitalists to promote sustainable technologies and enable their scaling up over time.

Addressing the inaugural session, Mr Siraj Hussain, Secretary, Agriculture and Cooperation, Ministry of Agriculture, highlighted the need for customized need-based technology for Indian small and marginal framers and re-affirmed the commitment of the Government to make funding available for new technologies. He suggested looking at technologies from Israel and other countries that have successfully tackled similar challenges. Mr Hussain also launched ‘Network of Agri-startups, Venture Financiers and Incubators (NAVI),’ an exclusive platform to encouraging agri entrepreneurs to pitch, present and promote their ideas.

The next generation needs to look at Agriculture as an attractive and profitable enterprise and this is where technology comes in, said Mr S Sivakumar, Chairman, CII National Council on Agriculture, and Chief Executive

Dr Vipin Kumar, Chief Innovation Officer, National Innovation Foundation; Dr Daniel Chamovitz, Dean, George S. Wise Faculty of Life Sciences, and Director, Manna Center for Plant Biosciences, Tel Aviv University, Israel; Siraj Hussain, Secretary, Agriculture and Cooperation, Ministry of Agriculture; S Sivakumar, Chairman, CII, National Council on Agriculture, and Chief Executive, ITC-ABD; Dr David Bergvinson, Director General,

ICRISAT; and Salil Singhal, Co-Chairman, CII National Council on Agriculture, and CMD, PI Industries Ltd, at the CII Agri Technology and Mechanization Summit in New Delhi

food & agriculture

Page 43: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

56 | October 2015 Communiqué

food & agriculture

ABD, ITC Ltd. Other institutions such as insurance and derivative markets can also address the risks involved in Agriculture and increase profitability, he said.

Dr Daniel Chamovitz, Dean, George S. Wise Faculty of Life Sciences, and Director, Manna Center for Plant Biosciences, Tel Aviv University, Israel, urged Academia, Industry and other stakeholders to come together to make technology achieve the much-needed breakthrough in Agriculture and address the bigger issue of attaining food security. He felt there was scope for partnership and multilateral collaborations between India and Israel on technology development to benefit agro-science in both countries.

Dr Vipin Kumar, Chief Innovation Officer, National Innovation Foundation, emphasized the need for participatory research to ensure that the right technologies, that have a problem-solving quotient, are ideated and developed. We need mechanization solutions for the entire value chain, he said.

Innovative technological solutions such as remote sensing, drones, soil health cards, mobile money among others, are very relevant to address productivity challenges and overall growth of Agriculture, said Dr David Bergvinson, Director General, International Crop Research Institute for Semi-Arid Tropics (ICRISAT). However, scaling these

up requires an ecosystem of integrated services offered through public and private sector providers, civil society and farmer organizations, he said.

Mr Salil Singhal, Co-Chair, CII National Council on Agriculture, and CMD, PI Industries, emphasized the need to ensure that grass-root innovations are taken to fruition, commercialization and successful uptake at the field level.

Key Takeaways

1. Prioritize participatory research for ideation, development and availability of technology for end users and scale up commercialization through Academia-Industry partnership with equal focus on skill development.

2. Build a sustainable ecosystem around the machine by standardizing and integrating mechanization across the agri value chain, innovating on available technology, developing low-cost technologies and distribution networks, creating rural infrastructure for repair and maintenance, and intensifying frugal engineering.

3. Focus on digitization of information to farmers

4. Build a strong IPR regime to facilitate access to world class technology

5. Facilitate entrepreneurship and funding, to make agriprenuership an attractive proposition for financers.

For more details, Please contact:Ms Sarita Sawhny, Confederation of Indian Industry249-F, Sector 18, Udyog Vihar, Phase IV, Gurgaon-122 015 (Haryana), India, Tel: 91-124-4013866 / 4014060-67 • Email: [email protected]

The Coverage Business News Economic Policy Update Sectoral Synergies International Reportage IPR & Technology Development Initiatives, and more…

The Facts

Print run of over 10,000 copies and readership of over 50,000

Monthly Newsletter of top management of 7400 companies

Read by CII Members, Thought Leaders, Diplomats, Bureaucrats and other decision makers

Advertisement Tariff

Full Page Right hand per release ` 20,000/ US $ 575

Full Page Left hand per release ` 15,000/ US $ 450

Half Page per Release ` 8000

Double Spread per release ` 35,000 / US$ 1000

Back Cover per release ` 28,000 / US$775

Front Inside Cover / Back Inside Cover per release ` 23,000 / US$650

Premium pages: 1 & 3 per release: ` 22,000 / US$600

Mechanical Details

Full page size: 23 cms (Height) by 17 cms (Width)

Half page size: Size 11 cms (Height) by 17 cms (Width)

* All advertisements are non-bleed

A Journal of Confederation of Indian Industry

Monthly Magazine of top management of 7400+ companies

Annual Subscription` 1000

Page 44: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 57

National Summit on Quality in Education

Achieving Excellence in Education requires that every student is ready to learn and every teacher is empowered to teach. Given the new challenges facing teachers in recent years, the CII Institute of Quality (CII IQ) organized the National Summit on Quality in Education in Bangalore on 22-23 September to necessitate a thorough and fresh look at empowerment of teachers, to ensure that tomorrow’s teachers are competent to meet emerging challenges, and are life-long learners.

Over 50 reputed national and international speakers deliberated on effective student engagement strategies, innovative approaches, and continuous professional development of teachers, and also presented case studies of inspirational teachers to over 400 principals, teachers and lecturers from schools and colleges across the country.

Mr B Muthuraman, Past President, CII, and Ex-Chairman, Tata International Ltd, delivered the keynote address, while Mr S Chandrashekhar, Chairman, Education Excellence Committee, CII IQ, and MD, Bhoruka Power Corporation, delivered the welcome address.

In his special address, Dr Yaj Medury, Vice Chancellor Designate, Bennett University, and Director – Higher Education, Bennett Coleman and Co Ltd, stressed that teachers have to prepare students for livelihood as well as living.

Dr Revathi Reddy, Regional Director, National Council for Teacher Education (NCTE), shared the progressive measures taken by the NCTE to strengthen the teacher education system in the country.

Six Sigma Regional Level Competitions

The CII Institute of Quality organized Regional-level competitions on Lean Six Sigma in New Delhi on

For more information on CII IQ’s Education Excellence initiative, please contact [email protected]

For more details on CII IQ’s Lean Six Sigma programmes, please contact [email protected]

towards excellencequality

CII Institute of Quality

11 September, Pune on 14 September, Mumbai on 15 September and Bangalore on 24-25 September.

The broad objectives of the competitions were to share best-in-class projects which have delivered transformational value to the organization, exchange best practices through successful case studies and provide a platform to professionals from the field to interact with six sigma practitioners.

Each location was represented by 14 participating companies comprising about 40 delegates. The 50 best projects at the regional level were selected for the national competition, held on 9-10 October in Bangalore.

L Krishnan, MD, Taegutec India Pvt. Ltd; S Chandrashekhar, Chairman, Education Excellence Committee, CII IQ, and MD, Bhoruka Power Corporation; B Muthuraman, Past President, CII, and Ex-Chairman, Tata International Ltd; Dr Yaj Medury, Vice Chancellor Designate, Bennett University, and Director –

Higher Education, Bennett Coleman and Co Ltd and Dr Revathi Reddy, Regional Director - Southern Region, NCTE, at the National Summit on

Quality in Education, in Bangalore

Participants of the Six Sigma Regional Competition in Bangalore

Page 45: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

58 | October 2015 Communiqué

CII Naoroji Godrej Centre of excellence

towards excellence training & development

5S Lead Assessor Course

5S, a simple and powerful performance improvement tool that outlines the five steps in creating workplace organization: sort, set in order, shine, standardize and sustain, is the first step towards Total Quality Management (TQM). It helps organizations build a culture of continuous improvement, while maintaining a quality management environment.

A 5S Lead Auditor certificate course was conducted from 1 - 3 September in Mumbai, to give the participants the relevant skills and knowledge to carry out audits of the 5S Principles internally and externally, to manage work place management systems effectively.

Zero Defect & Zero Effect

To achieve Zero Defect, it is very important to select the right tools and techniques, apply them effectively, and monitor critical parameters to sustain the results achieved. Of course, people's involvement in the whole process is a vital success factor.

A two day programme held in Mumbai on 3-4 September covered topics such as achieving Zero Defects and Zero Effects (ZED), achieving ZED Stability, and alignment of various Quality methods to ZED.

Industrial Painting

Industrial Painting is an integral part of the manufacturing and process industry to protect the finished assemblies,

as well as most manufacturing equipment and machinery.

A workshop was organized in partnership with Skillsonics on 7 - 11 September in Mumbai, to give lead painters and supervisors a clear understanding of industrial

painting concepts, application, safety, process, technicalities, trouble shooting and maintenance.

Spare Parts Management

This programme, held in Mumbai on 8 - 9 September, was designed to help the participants adopt a scientific approach to spare parts management systems for their organizations. It covered issues ranging from the origin

of the demand to the disposal of obsolete stocks.

Service Tax, Cenvat Credit and GST

A programme was held on 12 September in Mumbai to discuss, at a broad level, recent developments and interpretative issues in Service Tax and Cenvat Credit, and understand the proposed GST regime.

Predictive & Preventive Maintenance

A workshop was held in Mumbai on 22 - 23 September to enable the participants to understand the concepts, methods and implementation of Preventive and Predictive Maintenance. Managers, engineers, supervisors, process specialists, and senior technicians involved in maintenance, process control and improvement activities participated in the workshop.

Effective Conflict Resolution in Workplaces

Conflict in the workplace is inevitable and unavoidable. It needs to be resolved effectively as escalation can lead to resentment, workplace politics, disengaged employees and lower productivity. On the positive side, conflict is a healthy by-product of putting any group of people together to solve a problem, challenge and channelize their creativities, or achieve a goal. Conflict is only damaging when it is not

addressed timely or managed in constructive ways.

Managing Confl icts is one of the important developmental needs of managers and supervisors in any organization.

The leadership training programme held on 22 September in Kolkata provided the participants knowledge, skil ls and confidence for t imely, effective and successful resolution of conflict in the workplace.

CII Suresh Neotia Centre of excellence for leadership

Page 46: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

60 | October 2015 Communiqué

Design

Conclave on New Product Development

The Conclave on New Product Development was organized by CII in partnership with the Department of Scientific & Industrial Research, and the Industrial Design Centre, IIT Bombay, with support from the Design Innovation Centre, IIT Bombay, on 11-12 September, in Mumbai.

In support of the Government of India’s ‘Make in India’ mission, the conclave disseminated actionable knowledge that MSMEs can use and apply immediately in their workplace for conceiving new products and improving existing products. It was all about education and sensitizing the participants about how Design can create a competitive advantage for them, in terms of market leadership, increased sales and lower costs through greater efficiency and new opportunities for growth.

Fifteen leading Design experts guided the participants on a journey of New Product Development starting from new product strategy, discovering the user, embedding consumers in the product development process to converting user insights to innovation, identifying areas for consumer growth, to packaging, branding strategy, and digital brands.

The conclave explored topics such as Design management, leadership, strategy, branding, Design thinking, retailing, trends, sustainability, and workplace environments. Four workshops were conducted at the event to leverage the attendees’ experience and expertise and to create unique learning opportunities. The aim was to help Design managers become Design leaders, and Design leaders to become organization leaders of the future.

India Pavilion at TIDE 2015

CII was invited by the Department of International Trade (DITP), Ministry o f Commerce, Thailand, to set up the India Pavilion at the Thailand Innovation and Design Expo 2015 (TIDE 2015) from 17-20 September in Bangkok.

CII participated in the Expo along with Ajeenkya DY Patil University School of Design, Therefore Design, Desmania, and Lemon Design, to showcase Indian Design services to approximately 10,000 visitors at this international forum.

Technology Partnerships

IPEX-2015 Conference

In modern business, Intellectual Property (IP) assets are the primary source of value-added growth and earning power, making it necessary for companies to invest in Research and Development to protect their IPs and frame effective strategies to ‘Act Global’ amidst the prevailing global IP regimes.

The Andhra Pradesh Technology Development & Promotion Centre (APTDC) and the Tamil Nadu Technology Development & Promotion Centre (TNTDPC) of CII partnered with the United States Patent & Trademark Office - Global Intellectual Property Academy (USPTO-GIPA) and the National Academy of Legal studies and Research (NALSAR) to organize the 6th

edition of IPEX 2015, an international conference on 25-26 September in Chennai. The theme of IPEX 2015 was ‘Interfacing IP in a Globalized World: Think Local-Act Global.’

Inaugurating the conference, Mr M S Shanmugam, Additional Secretary, Industries, Tamil Nadu, highlighted the importance of enforcement of IPRs. Fake products released into the market in the name of popular brands need to be curbed by better enforcement of Intellectual

At the Conclave on New Product Development in Mumbai

India Pavilion at Thailand Innovation and Design Expo 2015 in Bangkok

Page 47: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 61

Property Rights, to build confidence in Industry in India and abroad, and thereby bring more investments, he said.

In his special address, Dr Aravind S Bharadwaj, Senior VP & Head, Technology, Auto & Farm Sector, Mahindra & Mahindra, noted that though India has made substantial progress in IPR, further focus on creation, protection, managing and leveraging of IP is required. He pointed out that less than 20% of the patent applications in India are filed by local companies, of which less than 2% are filed by MSMEs.

Dr V C Vivekanandan, MHRD IP Chair & Professor,NALSAR University of Law, and Mr T V Madhusudhan, Deputy Controller of Patents & Designs, Indian Patent Office, also spoke on emerging trends and practices in IP management.

FoodBiz India 2015

A Conference and Exposition on Food Processing with the theme of ‘Sustainable Technologies and Opportunities for Food and Allied Industries’ was organized on 10 September in Vijayawada. The event was held to identify the challenges and gaps in Indian food processing, from manufacturing, processing, and storage till the supply to end user, and to promote its development nationally and internationally.

DIARYBIZ INDIA 2015

A Conference & Exposit ion on ‘Sustainable Technologies, Opportunities and Entrepreneurship Development in Dairy Industry’ was organized on

11 September in Vijayawada.

The conference focussed on the production of clean milk, preservation of raw milk, implementing newer processing methods, increasing the shelf life of products, cost reduction in dairy products, storage and packaging, and promoting export of dairy products. It also discussed ways to increase production, dairy processing and quality management, the emerging demand and supply scenario, and entrepreneurship and business opportunities in the Dairy industry.

Global Innovation & Technology Alliance (GITA)

India – UK industrial R&D Collaboration

Global Innovation & Technology Alliance (GITA), signed an agreement with Bharat Petroleum Corporation Ltd. (BPCL), Greater Noida, and Gyan Data Pvt Ltd, (GDPL), Chennai on 11 September to support a joint industrial R&D project ‘Advanced Real-time Refinery Monitoring and Optimisation.’ The project has been jointly recommended for support under the Request for Proposal (RFP) 2013 of the India – United Kingdom Collaborative Industrial R&D Programme.

The project and its output applications will be jointly developed by BPCL, an Indian Navaratna, and GDPL, an IIT Madras spin-off, in collaboration with Process Systems Enterprise Ltd, London. The proposed product is expected to hit the market over a period of 24 months.

The key innovative aspect of this project is continuous optimization of Crude Distillation Unit (CDU) operation in real time. A second innovation is the provision of

IPEX-2015 Conference in Chennai

At the FoodBiz India 2015 in Vijayawada

DIARYBIZ INDIA 2015 in Vijayawada

knowledge & innovation initatives

Agreement signing for India – UK industrial R&D Collaboration project in New Delhi

Page 48: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

62 | October 2015 Communiqué

accurate real-time estimates both of the state of the system and of the composition of the crude being fed to it. Preliminary estimates indicate annual benefits of $3-5m per refinery.

The Department of Science & Technology (DST), through GITA, shall provide funding to the Indian project partners, while the UK counterpart will get similar support from Innovate UK, the UK’s innovation agency and executive non-departmental public body, sponsored by the Department for Business, Innovation & Skills.

Technology Acquisition & Development Fund (TADF) Scheme

The Green Manufacturing Committee (GMAC) under the National Manufacturing Policy has approved the implementation of the Technology Acquisition and Development Fund (TADF) scheme. The scheme will provide financial assistance to implement and facilitate access to innovative green technologies for SMEs. GITA has been entrusted to manage the fund as per the overall guidelines of GMAC, on behalf of the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry. The scheme will be launched in October 2015.

Under the scheme, Indian SMEs can avail the following assistance for Green manufacturing:

• Direct funding support for technology acquisition up to 50% of the approved cost with a limit of ` 20 lakhs per application.

• Indirect funding for support through patent pools up to 50% of the approved cost with a limit of ` 20 lakhs per application.

• Incentives for production of equipment, machines, devices for controlling pollution, reducing energy consumption and for water conservation, etc. of up to 10% of the approved expenditure incurred on procuring plant and machinery with a limit of ` 50 lakhs per application.

A panel of experts, from various Government ministries, banking, finance, environment and sectors such a Industry as well as Academia met on 2 September in New Delhi to evaluate proposals under the scheme.

Gujarat NRE Knowledge Application and Facilitation Centre (GKAFC)

Workshop on Standards & Certification

The vision of Prime Minister Modi is to make India a ‘Manufacturing Hub,’ with a three-pronged strategy:

Make-in-India, Zero Defect Zero Effect and Skilling India. Standards and c e r t i f i c a t i o n is the tool to assure ‘Zero Defect, Zero E f f e c t ’ o f manufacturing goods, to ensure that a product is assessed before being placed in the market and meets quality, safety and healthcare national and international standards and international compliances.

The Workshop on Standards and Certification, held on 18 September in Ahmedabad, emphasized on building competitiveness and increasing market access of MSMEs for robust standards and compliance framework.

Conference on Financing Infrastructure

With nearly 25% of all major infrastructure projects in the country in the public-private-partnership stalled due to unfavourable market conditions, lack of interest among promoters and need for funds, India needs to think afresh to find solutions for financing infrastructure projects. This was the theme of the Conference on Financing Infrastructure: Thinking Afresh, organized by the CII Gujarat NRE Knowledge Application & Facilitation Centre (GKAFC) and supported by the India Infrastructure Finance Company Ltd (IIFCL), a Government of India Enterprise, and the Gujarat Infrastructure Development Board, (GIDB), a Gujarat Government Enterprise, on 11-12 September in Ahmedabad.

The conference looked at various nuances of infrastructure financing such as development of vibrant bond market, channelization of Insurance funds, pension funds etc. and the role of the National Investment & Infrastructure Fund (NIIF).

Workshop on Standards and Certification in Ahmedabad

Conference on Financing Infrastructure in Ahmedabad

knowledge & innovation initatives

Page 49: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 65

taking forward the ‘Make in India’ vision of the Prime Minister, the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and

Industry, has entrusted CII with the task of organizing focused pavilions at established global events on varied subjects and segments.

In September-October this year, CII organized ‘Make in India’ pavilions at four major global events.

Bauma Conexpo Africa 201515 – 18 September, Johannesburg, South Africa

This construction equipment event, one of the biggest in the South African region, draws a large number of international construction industry exhibitors. The India Pavilion was inaugurated by Mr Randhir Jaiswal, Consul General of India to South Africa, and was also visited

by Ms Ruchi Ghanashyam, High Commissioner of India to the South Africa.

Defence and Security equipment International exhibition 201515 – 18 September, London, UK

The Defence and Security Equipment International Exhibition (DSEI) is the world’s largest fully integrated defence and security exhibition, organized at ExCel, London, United Kingdom. CII organized the ‘Make in India’ pavilion at this exhibition and also organized a ‘Global Investors’ Summit.’ The Summit was addressed by Mr Rao Inderjit Singh, Minister of State for Defence, India. Mr Ranjan Mathai, High Commissioner of India to UK also attended the Summit.

66th International motor Show 201517 – 18 September, Frankfurt, Germany

The India Day seminar at this a u t o m o t i v e industry show

was addressed by Mr Anant Geete, Minister of Heavy Industries & Public Enterprises, India.

Apart from the pavilion, an Investment Roundtable was organized jointly by CII and DIPP.

‘make in India’ Pavilions at leading International Shows

Anant Geete, Minister of Heavy Industries & Public Enterprises, India

Ravneet Kaur, Joint Secretary, Department of

Industrial Policy & Promotion, Ministry

of Commerce & IndustryRandhir Jaiswal, Consul General, Consulate General of India, South

Africa addressing the delegates

D E Richards, Director, DIPP, Ministry of Commerce and Industry, India and Randhir Jaiswal, Consul General, Consulate General of

India, South Africa inaugurating the pavilion

Delegates at ‘Make in India’ pavilion at DSEI, London, UK

india and the worldtrade fairs

Page 50: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

66 | October 2015 Communiqué

WIPo General Assembly 20156 – 9 October, Geneva, Switzerland

The ‘Make in India’ pavilion at the World Intellectual Property Organization (WIPO) General Assembly 2015 was jointly inaugurated by Mr Ajit Kumar, Ambassador of India to Switzerland, Mr Francis Gurry, Director General, WIPO, Mr Naresh Prasad, Assistant Director General and Chief of Staff, WIPO, and Mr Rajiv Aggarwal, Joint Secretary, DIPP.

All the shows were well appreciated by the exhibitors, industry delegates, trade bodies and

sector associations. A good number of visitors also showed keen interest in partnerships, joint ventures and areas of potential investments.

While the ‘Make in India’ initiative aims to facilitate Foreign Direct Investment, foster innovation, generate employment opportunities and enhance skil l development back home, the pavilions organized by CII showcase to the world that India provides best-in-class infrastructure to manufacturers across the world, inviting them to establish their manufacturing facilities in India.

trade fairs

Rajiv Aggarwal, Joint Secretary, DIPP, inaugurated the ‘Make in India’ pavilion in Geneva

Senior delegation visiting ‘Make in India’ pavilion in Geneva

Page 51: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 67

Africa

Kenya Interaction on Kenya

CII organized an interactive session with Mr Samuel Tunai, Governor, Narok County, Republic of Kenya, on 10 September, in New Delhi.

The discussions focused on the investment opportunities in Narok County, highlighting areas of opportunity such as Agriculture, Tourism, Mining, etc.

Mr Rajan Malhotra, Regional Manager & Head, Special initiatives, L&T Construction, welcomed the delegation on behalf of CII.

Interaction with Indian High Commissioner (Designate) to Kenya

CII organized an interaction with Ms Suchitra Durai, Indian High Commissioner (Designate) to Kenya, on 10 September, in New Delhi, to introduce her to some of the major Indian companies doing business in Kenya, and to highlight the issues being faced by them. Around 15 senior members from various India companies participated in the session.

Ms Durai assured that her office would provide all support to Indian companies in doing business with Kenya.

Mr Prashant Kapila, COO & President, Intercontinental Consultants and Technocrats Pvt. Ltd, in his welcome remarks, pointed to the scope for bilateral cooperation in areas such as Telecom, IT, Irrigation, Wastewater Treatment, Pharmaceuticals and Manufacturing.

Interactive Session with Samuel Tunai, Governor, Narok County, Republic of Kenya at New Delhi

Suchitra Durai, Indian High

Commissioner (Designate) to

Kenya

ASEAN ASEAN – India Students Programme

Once again the under the aegis of the ASEAN-India Students Programme, an initiative of the Ministry of External Affairs, CII, conducted a 10-day programme for the first batch of 110 ASEAN students. They were received in Hyderabad and travelled to Delhi and Agra. The second batch of 125 students from Myanmar, Singapore, Philippines, Thailand and Vietnam are visiting India in October.

The programme, envisaged as a familiarization tool to build greater cultural and economic understanding between the two dynamic regions of Asia, includes historical, cultural, leadership, academic and economic components, to enable ASEAN students to learn more about the modern vibrant India.

The students visited global corporates like Usha International, Techumseh Products, Munjal Showa, and Maruti Udyog, and institutions such as the Indian School of Business and Jawaharlal Nehru University, besides viewing the Taj Mahal, and shopping at Dilli Haat. A meeting with the Chief Election Commissioner, the Executive Director of Delhi Metro, and interacting with former ambassadors were some of the highlights of the visit.

CII, in association with the Ministry of External Affairs,

Asia

ASEAN Students at the Taj Mahal, Agra

Page 52: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

68 | October 2015 Communiqué

report

has successfully supported the visits of 1260 ASEAN students under this initiative, over the past 7 years.

Myanmar Session with MEC Delegation

CII organized an interactive session with a Myanmar Economic Corporation (MEC) delegation led by Lt. General Nyo Saw, Quarter Master General, Myanmar Army and Chairman, Myanmar Economic Corporation (MEC) on 30 September in New Delhi.

Lt. General Nyo Saw spoke about the Myanmar Economic Corporation (MEC) and its ‘Vision’ and ‘Mission.’

Brig Gen (Retd) Thant Swe, MD, MEC, said that the MEC, which imported raw materials and modern machinery from India in the past, is now looking for further co-operation in future for better production. The MEC is also keen to explore opportunities for the development of business activities with both countries, he said.

Mr Nikhil Sawhney, Co-Chairman, CII National Committee on Capital Goods and Engineering, and Vice Chairman & MD, Triveni Turbine Ltd, felt that there is ample scope to widen and deepen the bilateral trade basket. Key factors to enhance trade between India and Myanmar include good connectivity and proper banking facilities, essential for both regular and border trade, he said.

CII, he said, has been promoting the need for enhanced connectivity between India and ASEAN, through initiatives such as the ASEAN Car Rally and the BCIM Car Rally, ASEAN students’ visit to India, etc.

Vietnam Delegation from Vietnam

CII organized an interactive session for a 20-member delegation headed by Mr Nguyen Nam Viet, Party Secretary, Long An Province, Vietnam, on 4 September in New Delhi.

Vietnam sees India as an important trading partner and is looking for green and environment-friendly

investments from India in sectors such as Electronics and Telecommunication, Mechanical and Metallurgic Industry, Food and Beverages, Wood, Glass and Ceramics, Stationery, Textiles and Garments, and Construction material, said Mr Nguyen Nam Viet, Long An Provincial Party Secretary.

Mr Nguyen Thanh Nguyen, Vice Chairman, Long An People’s Committee, described the facilities and incentives provided to investors in Long An Province. Vietnam and India need to know each other’s markets better and need to reach a balance in trade, he said.

Vietnam continues to be an attractive investment destination for Indian companies, said Dr Sudhir Kapur, MD & CEO, Country Strategy Business Consultant Pvt Ltd. As of 2014, India has 93 projects in Vietnam with a total investment of about US$ 1 billion. Several Indian enterprises, with encouragement from both Governments, are investing in Energy, Mineral Exploration, Agro-Processing, Sugar Manufacturing, Agro-chemicals, IT, and Agricultural Processing, he added.

Singapore The CII ASEAN desk organised a briefing meeting for a 40 member delegation from the Singapore Civil Service on 14 September in New Delhi.

The briefing included presentations on the Indian economy, India-Singapore relations and CII activities and initiatives.

Nikhil Sawhney, Co-Chairman, CII National Committee on Capital Goods and Engineering, and Vice Chairman & MD, Triveni Turbines

Ltd; Brig Gen (Retd) Thant Swe, MD, Myanmar Economic Cooperation (MEC), and Lt. General Nyo Saw, Quarter Master General, Myanmar,

and Chairman, MEC, at an interaction in New Delhi

Ton Sinh Thanh, Ambassador of Vietnam to India; Nguyen Thanh Nguyen, Vice Chairman, Long An People’s Committee,

Vietnam; Nguyen Nam Viet, Party Secretary, Long An Province, Vietnam, and Dr Sudhir Kapur, MD & CEO, Country Strategy Business

Consultants Pvt Ltd at an interactive session in New Delhi

Middle EastUnited Arab Emirates India-UAE Business Forum

Coinciding with the visit of a high-level official and business delegation led by Sheikh Abdulla Bin Zayed Al Nahyan, Minister of Foreign Affairs, United Arab Emirates, (UAE) to India, CII, in cooperation with the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, India, and the Government of UAE, organized the India-UAE Business Forum on 3 September in New Delhi.

Page 53: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 69

report

Reem Ibrahim Al Hashimi, Minister of State, UAE, addressing the India-UAE Business Forum in New Delhi. Also seen (L- R) Humaid Mohammad bin Salem, General-Secretary, UAE Federation of Chambers of Commerce & Industry; Ravneet Kaur, Joint Secretary, DIPP, Ministry of Commerce & Industry, India; Chandrajit Banerjee, Director General, CII; Anil Wadhwa, Secretary (East), Ministry of External Affairs,

India; Shobana Kamineni, Vice President, CII; Khalid Ghanem Al Ghaith, Assistant Foreign Minister for Economic Affairs, UAE, and Dr Ajay Kumar, Additional Secretary, DeitY, India

More than 250 representatives from Indian Industry and an 80 member UAE delegation participated in the Forum, which was organized to appraise the visitors about the various new policies and projects of the Government of India.

In her keynote address, Ms Reem Ibrahim Al Hashimi, Minister of State, UAE, said her country is keen to take the bilateral relationship with India to a new strategic level, building on the strong people-to-people connections between the two countries. A UAE-India Business Council has been launched to step up bilateral economic relations, she announced.

The UAE, said the Minister, is keen to invest in India, especially in the opportunities emerging out of initiatives such as Make in India and Digital India, among others, as well as in the infrastructure sector.

The visit of the Prime Minister of India to the UAE last month led to several significant announcements being made. Key among them was the setting up of the UAE-India Infrastructure Investment Fund and the commitment made by the two sides to step up bilateral trade by 60% over the next five years, stated Mr Anil Wadhwa, Secretary (East), Ministry of External Affairs, India. In the recent India-UAE 11th Joint Commission Meeting for Economic and Technical Cooperation, the UAE reiterated its commitment to undertake extensive investments in India, he added.

Dr Saurabh Garg, Joint Secretary, Department of Economic Affairs, Ministry of Finance, India, also spoke about the UAE-India Infrastructure Investment Fund.

Ms Ravneet Kaur, Joint Secretary, Department of Industrial Policy and Promotion, (DIPP) Ministry of

Commerce, India, in a detailed presentation on the Make in India initiative, shared that, since the launch of the initiative last year, FDI equity inflow had increased by about 48% and FDI inflow had increased by about 42%. The top sectors attracting FDI included Services, Telecom, Trading and Automobiles, she said.

Ms Shobana Kamineni, Vice President, CII, and Executive Vice-Chairperson, Apollo Hospitals Enterprises Ltd urged India and UAE to step up cooperation in the Services sector. In Healthcare, for example, she suggested that the two countries could cooperate in disease prevention, joint research on lifestyle diseases such as heart disease, hypertension and diabetes, low cost healthcare delivery, as well as the quality and cost efficiency of pharmaceuticals and medical devices. She called on healthcare providers from both countries to leverage their strengths and set up hospitals in third countries in the greater MEWANA (Middle East, West Asia and North Africa) region.

Mr Chandrajit Banerjee, Director General, CII, said that the two countries could work together in areas such as Energy, SME Development, Education, Space, Defence Manufacturing and Nuclear Energy.

Sectoral presentations on opportunities in India were made by Dr Ajay Kumar, Additional Secretary, Department of Electronics and IT; Mr Rohit Kumar Singh, Joint Secretary (Highways), Ministry of Road Transport & Highways; Mr N Murugananadam, Joint Secretary (Ports), Ministry of Shipping; Mr S P Mahi, CEO, Indian Railway Station Development Corporation; and Mr Deepak Bagla, MD & CEO, Invest India. A presentation on the Delhi Mumbai Industrial Corridor (DMIC) Project was made by Mr Abhishekh Chaudhary, Vice President-Corporate Affairs, and Company Secretary, DMIC.

Page 54: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

70 | October 2015 Communiqué

EastEase of Doing Business 3 September, Bhubaneswar

The Government of Odisha exchanged an MoU on building a Master Plan on Ease of Doing Business in Odisha with CII and the Lee Kuan Yew School for Public Policy (LKYSPP) S i n g a p o r e , co inc id ing w i th the launch of the Industr ial Pol icy Resolution 2015 by Mr Naveen Patnaik, Chief Minister of Odisha.

Odisha is the third State in the Eastern Region and the fifth in India, after Andhra Pradesh, Chhattisgarh, Madhya Pradesh and Bihar, to take this step. The MoU will facilitate the Odisha Government, CII and LKYSPP to collaborate in joint research and capacity-building related to the ease of doing business in the State.

Mr Debi Prasad Mishar, Minister of Industries, and School & Mass Education, Odisha, was also present at the event.

Advantage Jharkhand8 September, Ranchi

The Jharkhand Government, in association with CII, organized a session on ‘Advantage Jharkhand’ to launch

the single ‘Sign On’ for Ease of Doing Business, along with some sector-specific policies on Food Processing, Feed Processing, Industrial Parks, and Exports.

Safety Symposium & Exposition10-11 September, Kolkata

Experts from the areas of fire, electrical, mining, construction safety gathered at the annual Safety Symposium & Exposition to discuss strategies to make workplaces zero accident zones and decrease road accidents and mishaps. The theme of the two-day conference was ‘Proactive Approaches towards Safety at Workplace & Beyond.’

Mr Javed Ahmed Khan, Minister of Fire & Emergency Services, and Disaster Management, West Bengal announced the Government’s decision to issue online fire licenses to those willing to set up new units.

Mr Rahul Guha, Director General, Directorate General of Mines Safety, Union Ministry of Labour & Employment,

said the amended Mines Vocational Training Rules are expected to be ready early next year. Two Government committees are working on it, he said. He called for preparing a Risk Assessment-based Safety Management Plan for every coal mine to improve standards of safety.

A report titled ‘Safety Excellence Preparedness’ was unveiled and

Naveen Patnaik, Chief Minister of Odisha looks on, as D S Ravindra Raju, Chairman, CII Odisha, and Whole-time Director, Paradeep Phosphates Ltd, and Sanjeev Chopra, Secretary, Industries,

Odisha, exchange the MoU, in Bhubaneswar

Tarun Daga, Chairman, CII Jharkhand, and MD, Tinplate Co Of India Ltd; Dr Himani Pande, Secretary, Industry, Jharkhand; RS Poddar, Development Commissioner, Jharkhand; Shailendra Singh, Joint Secretary, DIPP, Raghubar Das, Chief Minister of Jharkhand;

Rajiv Gauba, Chief Secretary, Jharkhand, and R Adm A K Verma (Retd), Chairman, CII (ER), and CMD, GRSE Ltd, at Advantage Jharkhand, in Ranchi

Rahul Guha, Director General, Directorate General of Mines Safety, Union Ministry of Labour & Employment, R Adm A K Verma (Retd),

and Javed Ahmed Khan, Minister of Fire & Emergency Services, and Disaster Management, West Bengal, ITC Ltd, at the Safety

Symposium in Kolkata

Page 55: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 71

the Safety and SHE Excellence Awards were presented at the Symposium.

Doing Business with South Africa11 September, Kolkata

Many South African entities are looking for partnerships with Indian companies for mining exploration, not only in the continent of Africa, said Mr France K Morule, High Commissioner of South Africa to India, at a session with CII members.

Mr V K Arora, Chairman, CII Mining & Construction Equipment Division, and Chief Mentor, KCT Coal Sales Ltd, explained how CII is working to build business ties between the two countries by creating platforms such as India Business Forum and India- South Africa CEOs’ Forum.

Government-Industry Group Discussions27 August -15 September, Bhubaneswar, Mumbai, Chennai, and Bangalore

To assist the State Government develop a better understanding about the expectations of industrialists and investors, and the challenges faced by them, CII Odisha teamed up with KPMG to hold a series of ‘Focused Group Discussions’ between two senior State Government officials and Industry members in different cities. In Bhubaneswar and Mumbai, Mr Sanjeev Chopra, Principal Secretary, Industries, Odisha, met Industry members, while in Chennai and Bangalore, Mr Vishal Dev, CMD, IDCOL, Odisha, had interactions on how the State Government and Industry can work together to build a vibrant environment in Odisha.

Session with Ambassador of MexicoSeptember 17, Kolkata

Amb. Melba Pria, Ambassador of Mexico to India, presented Mexico as a reliable and attractive destination for investment, at an interaction with CII members. “Mexico is a sophisticated, stable and open economy, with young, talented people. With 64 international airports, 63 border crossings, 68 ports for domestic traffic, hassle-free procedures and FTAs with 45 countries, giving access to 1.2 billion consumers, Mexico is an easy and exciting place to do business in,” she said.

Mr Sumit Mazumder, President, CII, and Chairman and Managing Director, TIL Ltd, said this is an opportune time for India and Mexico to harness each other’s complimentary capabilities and derive reciprocal benefits. He highlighted three areas where India and Mexico can further deepen the economic engagement.

Banking Colloquium18 September, Kolkata

The 8th Banking Colloquium deliberated on how banks act as a vital instrument in the growth of the nation and how technology-driven money exchanges will alter service banks sooner than expected.

A CII-Deloitte report, ‘Building Customer-Centric Business: The Future of Financial Services,’ was released at the event.

D r S h u b h a d a R a o , Senior President & Chief Economist, Yes Bank, suggested that India should look for domestic business drivers for growth.

A CMDs’ Roundtable on

regions

Interaction on South Africa in Kolkata

Vishal Dev, CMD, IDCOL, Odisha, at an interaction with CII members in Chennai

Pallavi Kaul, Chairperson, CII West Bengal, and MD, Nicco Ventures Pvt Ltd; Sumit Mazumder, President, CII, and CMD,

TIL Ltd; Melba Pria, Ambassador of Mexico to India, and R Adm A K Verma (Retd), at a session in Kolkata

Page 56: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 73

Evolving Strategies saw the speakers, Mr Rajnish Kumar, MD, State Bank of India, Mr P Srinivas, MD & CEO, United Bank of India, Mr S B Nayar, CMD, IIFCL, Mr C S Ghosh, MD & CEO, Bandhan Bank, Mr Ranjan Dhawan, MD & CEO, Bank of Baroda, and Mr K V Srinivasan, CEO, Reliance Commercial Finance, share their thoughts on global risk management, new technology, new products and services, banking growth, banking penetration in the Eastern Region and alternative models of infrastructure finance.

Seminar on MSME Financing19 September, Patna

Around 120 MSMEs interacted with partner banks, and non-banking financial companies on a range of issues at the seminar on ‘MSME Financing Empowering SMEs Through Addressing Their Financing Needs.’ They were also updated on the CII Online Finance Facilitation Centre for SMEs.

Business Mission to China21-24 September

A nine-member CII Eastern Region Business Mission visited Kunming and Guangzhou in China, to attract Chinese investments to the Eastern States and forge long-term business ties with Chinese companies, especially those engaged in electronics, mining, food processing, solar panels, precision engineering, and alloy steel spares.

The Mission, led by Mr Arun Misra, Chairman, CII Eastern Region Task Force on Investment Promotion, and Vice President (Project Gopalpur) & MD, Tata Steel Special

Economic Zone, also sought to explore opportunities for collaborations with educational institutions in these two cities.

In Kunming, the CII delegation met representatives of CCPIT and the Yunnan Provincial Department of Commerce, led by Ms Ma Lixin, Deputy Director, Foreign Trade Department. The CII members also held meetings with 12 companies from the Yunnan International Chamber of Commerce, and visited a compressed wood and wooden panel board factory.

In Guangzhou, the visitors met the newly-appointed Consul General of India, Guangzhou, visited the Sino-Singapore Guangzhou Knowledge City, and also met members of the Guangdong Board of Investment Promotion and Guangdong Federation of Industry and Commerce. The delegation had B2B meetings with over 23 companies and visited the Lighting Industry Innovation Centre, and electronics factories.

IR Colloquium 201522 September, Bhubaneswar

The IR Colloquium 2015 was held to enable all stakeholders to analyze emerging trends and accordingly make their strategies and decisions for industrial harmony. The inaugural session was graced by Mr G C Pati, Chief Secretary, Odisha, and Mr G Srinivas, Principal Secretary, Labour & ESI, Odisha.

Manufacturing Theme Township24 September, Kolkata

CII West Bengal organized a Stakeholders’ Meeting where Mr Debashish Sen, Principal Secretary, Urban Development & Town Planning, West Bengal, announced that CI I would handhold the State Government for ‘Agnibina,’ a 59.27-acre

At the Banking Colloquium in Kolkata

CII Business Delegation with members of the Guangdong Board of Investment Promotion, in Guangzhou

G C Pati, Chief Secretary, Odisha; D S Ravindra Raju; G Srinivas, Principal Secretary, Labour & ESI, Odisha, and

Rajdeep Mohanty, Chairman, CII North Odisha Zonal Council, and Resident Director, Jindal Stainless Steel Ltd, at the IR Colloquium in

Bhubaneswar

regions

Page 57: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 75

Manufacturing Theme Township to come up near Asansol. Agnibina is one of the six theme cities to be built in the State in phases. Ms Pallavi Kaul, Chairperson, CII West Bengal, and MD, Nicco Ventures Ltd, pledged CII’s full support for the project.

Interactive Session on West Bengal 26 September, Kolkata

Coinciding with its 4th Eastern Regional Council Meeting, CII organized an Interactive Session with Dr Amit Mitra, Minister of Commerce & Industry, Finance & Excise, PE, IR and IT & Electronics, West Bengal. The session was attended by about 50 senior members, including Mr Rajive Kaul, Past President, CII, and Chairman, Nicco Corporation Ltd.

Dr Mitra spoke at length of the overall progress West Bengal has made in the past three and a half years, and shared data on job creation. The State Government, he said, has more than one lakh-acre land bank at its disposal.

CII expressed keenness in working with the State Government in building a top-class sustainable eco-system for start-ups in the State, preparing a plan for IP facilitation, and developing a backward district development plan.

Interaction with Coal India Ltd CMD26 September, Kolkata

To create deeper synergies with the country’s largest coal miner, and build a strong and sustainable eco-

system in the mining space, CII Eastern Region organized an Interactive Session with Mr Sutirtha Bhattacharya, CMD, Coal India Ltd (CIL), coinciding with the 4th CII Eastern Regional Council Meeting.

Mr Bhattacharya urged CII to jointly create a taskforce with representatives from industries such as Power, Steel, and Cement, where CIL would be a third party observer, along with the Indian Railways on the board. Efficient management of logistics remains a major challenge for CIL, he said. He also sought CII’s support in creating a National Institute of Mining Safety, and in developing top-notch skills for mining activities.

R Adm A K Verma (Retd), Chairman, CII Eastern Region Chairman, and CMD, GRSE Ltd, said CII would soon prepare and submit a mine safety manual to CIL.

Members’ Meet with CII Vice President26 September, Kolkata

CII Eastern Region organized a Members’ Meet where Ms Shobana Kamineni, Vice President, CII, and Executive Director – Special Initiatives, Apollo Munich Health Insurance Company Ltd, and Apollo Hospitals Enterprise Ltd; articulated CII’s agenda and perspectives on the Indian economy.

She said the India story is now widely appreciated, especially the concerted action on the policy front. “Foreign investors are already redesigning their India strategies and inflows are on the uptrend. The good news on the fiscal deficit, inflation and current account deficit has set the tone for growth,” she said. The launch of the E-biz portal, online filing and monitoring of environment and forest clearance, the Shram Suvidha Portal for filing self-certified, single online return by Industry for 16 central labour laws etc. are major steps for ease of doing business, she said.

regions

T V Narendran, Deputy Chairman, CII (ER), and MD, Tata Steel Ltd; Dr Amit Mitra, Minister, Commerce & Industry, Finance & Excise, PE, IR and IT & Electronics, West

Bengal, and R Adm A K Verma (Retd), at an interaction in Kolkata

Sutirtha Bhattacharya,

CMD, Coal India Ltd

Pallavi Kaul; T V Narendran, Shobana Kamineni, Vice President, CII, & Executive Director – Special Initiatives, Apollo Munich Health

Insurance Company Ltd and Apollo Hospitals Enterprise Ltd, and RAdm (Retd) A K Verma, at a Members’ Meet in Kolkata

Debashish Sen, Principal Secretary, Urban Development & Town Planning, West Bengal; Pallavi Kaul, and Anil Vaswani,

Vice Chairman, CII West Bengal, and Director, Wesman Engg Co Pvt Ltd, at a Stakeholders’ Meeting on Manufacturing

Theme Township, in Kolkata

Page 58: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 77

North East Healthcare Conclave18 September, Guwahati

CII, in association with the Government of Assam organized its first-ever healthcare conclave for the North Eastern Region, with the theme, ‘Building an Eco-system for Delivery of Quality Healthcare Services.’

“Reaching out to the poor and needy through universal access to healthcare is the prime need of the hour. The public and private sectors must join hands together to make this happen,” said Mr Tarun Gogoi, Chief Minister of Assam, who was the Chief Guest. Commending CII for this important initiative, Mr Gogoi said that medical trreatment, which has become exorbitant, must be made cost effective and affordable, so that the poor and the needy can avail of quality healthcare services.

Dr Nazrul Islam, Minister of Health & Family Welfare, Assam, said that with the State Government’s initiative of setting up of the three new medical colleges in Jorhat, Barpeta and Tezpur, Assam would able to produce more doctors from the next two years.

Speaking on ‘Affordable & Accessible Healthcare Services for All: Vision for Northeast,’ Dr Devi Shetty, Chairman, Narayana Health, said “Mass health insurance, even in small denomination, can change the region’s healthcare scenario in a span of three years.”

Earlier, in his welcome address, Mr Sandipan Chakravortty, Chairman, CII North East Council, and Chairman, mjunction services ltd appealed to private healthcare players to invest in the region.

Eminent speakers from across the country, including

regions

North EastWorkshops on Amended Apprenticeship Guidelines for Industry21 September, Agartala,23 September, Guwahati

Taking forward Prime Minister Modi’s vision of ‘Make in India’ and ‘Skilling India,’ CII organized two workshops on ‘Amended Apprenticeship Guidelines for Industry’ in the North East Region as a part of a national awareness campaign on implementation of (amended) apprenticeship guidelines training amongst all stakeholders, particularly Industry.

The workshops were conducted by Ms Sandhya Salwan and Mr S D Lahiri, Director (Apprentice Training), Ministry of Skill Development and Entrepreneurship.

Welcoming initiatives like the Apprenticeship Protsahan Yojna and Apprenticeship (amended) Act 2014 at the workshop in Agratala, Mr S Prabhu, Director, Skill Development, Tripura, urged Industry to support and popularize the scheme in the State.

India has much fewer apprentices than countries like Germany, China and Japan. With more apprenticeship, the productivity of establishments would rise accordingly, said Mr Jayant Krishna, Lead, Task Force on Apprenticeship Reforms, CII, Chairperson, Special Taskforce on Apprenticeship Rationalization, MSDE, and Principal Consultant & Regional Head, Tata Consultancy Services (TCS), at the session in Guwahati.

Tarun Gogoi, Chief Minister of Assam (far right), addressing the North East Healthcare Conclave in Guwahati. Also seen (L-R): Dr Ashutosh Reghuvanshi, Group CEO & Vice Chairman, Narayana Health; Dr Rupali Basu, President & CEO, Eastern Region, Apollo Hospitals India; Dr R C Deka, Chair- Medical

Education & Research, Amity University, and Former Director, AIIMS; Dr Nazrul Islam, Minister of Health & Family Welfare, Assam; Sandipan Chakravortty, Chairman, CII North East Council, and Chairman, mjunction services ltd; and Abhijit Barooah, Co Chairman, CII North East Council, and

MD, Premier Cryogenics Ltd.

S D Lahiri, Director (Apprentice Training) Ministry of Skill Development and Entrepreneurship; Jayant Krishna, Lead, CII Task Force on Apprenticeship Reforms, Chairperson, Special

Taskforce on Apprenticeship Rationalization, MSDE, and Principal Consultant & Regional Head, Tata Consultancy Services (TCS), and Sandhya Salwan, Ex-Director (Apprentice Training), Ministry of Skill Development and Entrepreneurship, at the Workshop for Amended

Apprenticeship Guidelines for Industry, in Guwahati

Page 59: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 79

Mr Sanjeeva Kumar, Principal Secretary, Health & Family Welfare, Assam; Mr Nitin K Khade, Project Director, Employment Generation Mission, Assam; Ms Shakuntala D Gamlin, Principal Secretary, Services & General Administration, GNCT, Delhi; Dr Arvind Lal, CMD, Dr Lal PathLabs, Dr Rupali Basu, President & CEO, Eastern Region, Apollo Hospitals India, Dr R C Deka, Chair, Medical Education & Research, Amity University, and Former Director, AIIMS, Mr Ashish Kohli, Director, Johnson & Johnson Ltd, Dr. Ashutosh Raghuvanshi, Group CEO & Vice Chairman, Narayana Health, Mr Ashish Pati, CEO, Apollo MedSkills & Medvarsity, and Mr Balu Paul Mukteih, CMD, NEDFi, among others, addressed the Conclave.

A mini exposition of medical equipment, diagnostics, insurance, and healthcare services etc. was organized as part of the Conclave.

Meeting with Chief Minister of Nagaland 14 September, Kohima

A CII Nagaland delegation, led by Mr Ajay Sethi, Chairman, CII Nagaland, and MD, NIIT, Dimapur, called on Mr T R Zeliang, Chief Minister of Nagaland, to discuss economic development in the State and other related issues to facilitate entrepreneurship in Nagaland.

The CII delegation proposed the organization of the

T R Zeliang, Chief Minister of Nagaland, (2nd from left) with a CII delegation in Kohima

‘North East Enterprise Summit’ in association with the State Government. CII also expressed keenness to organize a holistic multi-level entrepreneurship programme called ‘Enterprising North East,’ to highlight the challenges and issues faced by the entrepreneurs of the North Eastern Region, such as market knowledge gaps, skills gaps, limited financial avenues, etc.

The delegation also discussed a review of the Industrial Policy of the State, which was formulated in 2004.

Issues relating to the revival of a paper mill, power problems, revamping of infrastructure and adequate planning of a super market in Dimapur were also discussed in depth.

regions

CII foundation flood outreach Initiative in AssamIn v iew o f the devastation caused by the floods of the river Brahmaputra and its tributaries i n A s s a m , t h e C I I Fo u n d a t i o n organized a relief outreach initiative in the severely affected districts of Morigaon and Goalpara.

It has been observed that, during floods, most of the relief camps are set up in local schools and community centres. They act as shelters and help provide respite from the floods. One of the major problems faced at these camps is storage of potable water. Also, due to overcrowding, there is always a dearth of shelter material in the camps.

The CII Foundation thus distributed water tanks and tarpaulin sheets at the relief camps of Morigaon and Goalpara districts on 26 September. The relief materials will be utilized at the camps i.e. schools and community centres throughout the year.

The initiative was supported by the Rashtriya Gramin Vikas Nidhi.

Distribution of relief material in flood-hit areas of Assam

Page 60: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

80 | October 2015 Communiqué

Meeting with Chief Minister of Uttarakhand2 September, Dehradun

A CII team called on Mr Harish Rawat, Chief Minister of Uttarakhand, to discuss initiatives to attract more investments to the State.

Health Workshops 3 & 12 September, Jaipur

A Health Workshop for Women was held to make women aware about health issues and health-related aspects in work life.

On 12 September, two prominent doctors from the city advised close to 100 CII members and their spouses on how to balance work life and health.

Business Opportunities in Punjab 4 September, Pune

Mr Sukhbir S Badal, Deputy Chief Minister of Punjab, addressed the 4th CII Western Region Council meeting, and showcased Punjab’s unique strengths, key pro-industry policy initiatives and incentives to attract investments.

28th QC Circle Competitions 2 September, Jaipur4 September, Haridwar

The preliminary QC Competition round winners in Jaipur were from Tata Motors Ltd; National Engineering Industries Ltd and Maruti Suzuki India Ltd, respectively.

At the Uttarakhand Preliminary QC Competition, the top three winners were teams from Rockman Industries Ltd, Haridwar, Maruti Suzuki India Ltd, Manesar and ITC Ltd, Haridwar.

Workshops on Indian Accounting Standards 3 – 4 September, Kanpur & Lucknow

Workshops on ‘Adoption of Indian Accounting Standards (Ind AS) – Key Impacts and Challenges’ were organized to facilitate a deeper understanding of this revolutionary amendment and uncover the steps that India Inc needs to take to bridge the gap between existing preparedness and what is required.

Smart Chandigarh Initiative 11 September, Chandigarh

Chandigarh has become the first city to sign the MoU to take the Smart City project to the next level. The Smart Chandigarh Initiative MoU was signed by Mr Anurag Aggarwal, Home Secretary cum State Mission Director (Smart City), Chandigarh Administration, and Mr Sujith Haridas, Deputy Director General, CII.

Prof. Kaptan Singh Solanki, Governor, Punjab and Haryana, and Administrator, UT Chandigarh, urged the Chandigarh Administration and CII to work together to make Chandigarh a modern city.

Winning team from Tata Motors Ltd, at the 28th Quality Circle Preliminary Competition in Jaipur

Exchange of the Smart Chandigarh Initiative MoU between Anurag Aggarwal, Home Secretary-cum-State Mission Director (Smart City), Chandigarh Administration, and Sujith Haridas,

Deputy Director General, CII, in Chandigarh

regions

North

Harish Rawat, Chief Minister of Uttarakhand, with CII members, in Dehradun

Sukhbir Singh Badal, Deputy Chief

Minister of Punjab

Page 61: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 81

Meeting with Union Health Minister 12 September, New Delhi

A CII Himachal Pradesh delegation, led by Mr Rajiv Aggarwal, Chairman, CII HP, and Executive Director, Him Teknoforge Ltd, called on Mr JP Nadda, Union Minister of Health and Family Welfare.The topics discussed included finalizing the amendments for the Drugs & Cosmetics Act, Barcoding of Packaged Drugs, and a multi-speciality hospital for Baddi, as well as resolving civil aviation issues in HP, and the metro link between Chandigarh & Baddi.

Mission to Mumbai16 September, Mumbai

A CII Punjab delegation visited Mumbai to interact with leading industrialists like Mr Anand Mahindra, Past President, CII, and CMD, Mahindra Group, and gain insights from their life’s lessons and best practices adopted in a continuously evolving environment.

SIDBI Schemes for MSMEs18 September, Mandi Gobindgarh

The awareness session showcased the latest financing schemes and policies of SIDBI for the benefit of the MSMEs.

JP Nadda, Union Minister of Health and Family Welfare (extreme right), with a CII delegation in New Delhi

CII Punjab members with Anand Mahindra, Past President, CII, and CMD, Mahindra Group, in Mumbai

regions

Session on Environment, Health & Safety17 September, Samba

The session was held to sensitize members in Jammu & Kashmir on environment, health and safety aspects at the workplace. Ms Sheetal Nanda, Deputy Commissioner, Samba, said that it is the responsibility of all stakeholders, Industry, citizens, institutions and society as a whole, to take care of the environment, as also the health and safety of their employees.

Chai Pe Banking22 September, New Delhi

CII has launched a new initiative, ‘Chai Pe Banking,’ to inform MSMEs about various funding options and financial schemes, and resolve their issues with the banks in Delhi. The first session was organised with Oriental Bank of Commerce, State Bank of Patiala and SIDBI as the participating banks, benefitting over 30 MSMEs members.

Positioning Indian Manufacturing Globally23 September, New Delhi

The conference deliberated on topics such as Advanced Manufacturing, Make in India, Zero Defect Zero Effect, positioning Indian Manufacturing globally, building a high quality workforce, Making in India for

Session on SIDBI Schemes for financing MSMEs, in Mandi Gobindgarh

Sheetal Nanda, Deputy Commissioner, Samba, at an interaction in Samba, Jammu & Kashmir

Jayant Davar, Co-Chairman, CII National Manufacturing Council, Chairman, CII NR Special Task Force on Manufacturing & Make

in India, and Co-Chairman & MD, Sandhar Technologies Ltd, addressing the Manufacturing Excellence Conclave in New Delhi

Page 62: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 83

Global Aerospace and Defence, and the role of IT in Manufacturing, especially emerging trends for the Industry 4.0 framework.

Manufacturing Study Mission 23-24 September, Delhi NCR

CII Western UP organized a study mission featuring visits to JCB India Ltd, and Raaj Unocal Lubricants Ltd, in Faridabad; and Hero Motocorp Ltd, and Sona Koyo Steering Systems Ltd, in Gurgaon, to showcase the excellent work being done by these companies in developing and practicing quality and modern techniques in manufacturing.

Discussion on Sustainable Infrastructure 23 September, Chandigarh

The discussion deliberated on the requ i rements fo r comprehens ive development of physical, institutional, social and economic infrastructure to promote cities that provide core infrastructure and give a decent quality of life to its citizens, with a clean and sustainable environment and application of ‘Smart’ solutions.

A Roadshow on EXCON 2015, scheduled for 25 - 29 November in Bangalore, was also organized on the occasion.

Workshop on Sexual Harassment Act23 September, New Delhi

This interactive workshop covered a detailed overview of the Sexual Harassment Act, its legal definitions, prevention of sexual harassment, how to handle sexual harassment complaints, and how to maintain a positive environment in the workplace.

Lessons in Agribusiness from USA24 September, Chandigarh

The session was held to help the food processing industry in the region learn from the experiences and best agri-processing and other farm practices of USA. India should learn from USA that Governments

should avoid subsidies and, rather, invest heavily in strengthening rural infrastructure, building roads and bridges, establishing efficient logistics, cold storage, supply chains and railways, to link farms with the domestic and international markets effectively, suggested Dr Robert L Thompson, Professor Emeritus, University of Illinois, USA.

Women Independent Directors30 September, New Delhi

CII Indian Women Network (IWN) Delhi Chapter, jointly with KPMG, organized a Master Class for over 25 participants, to enable women directors to effectively play their roles as board members.The class was addressed by Ms Geeta Mathur, Independent Director on Boards of Marquee, Mr Pankaj Arora, Partner, KPMG, and Ms Mridulla Khatri, VP-Markets, KPMG.

Conference on Smart Cities 201530 September, Lucknow

The conference discussed services and measures to reduce the environmental footprint of cities, increase their appeal, and safeguard the quality of life, without any adverse effects on the efficiency of utilities.

Session on ‘Lessons in Agribusiness from USA’ in Chandigarh

Master Class on ‘Women Independent Directors’ in New Delhi

Conference on Smart Cities 2015 n Lucknow

Manufacturing Study Mission Delegates at Hero MotoCorp Ltd, Gurgaon

regions

Page 63: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

84 | October 2015 Communiqué

regions

South

Tamil Nadu Global Investors’ Meet 2015 9-10 September, Chennai

The Tamil Nadu Government organised its first-ever Global Investors Meet with CII as the National Partner. The Meet provided a platform to invite investment inflows and to promote Tamil Nadu as a preferred place for doing business.

CII, in partnership with the Tamil Nadu Government, had organised roadshows and Prelude Seminars to promote the event. An exhibition was also organized as part of the Meet, showcasing the strength of Tamil Nadu in industrial development.

Selvi J Jayalalithaa, Chief Minister of Tamil Nadu, in her Inaugural address described Tamil Nadu as one of the most advanced, progressive and competitive States of India, with a very diversified industrial base, strong fundamentals and, a well-educated and skilled population. “Tamil Nadu will become the most attractive investment destination in India and one of the three most attractive destinations in Asia,” she stated.

The Global Investors Meet drew the participation of Australia, Canada, France, Italy, Japan, Korea, Russian Federation, Singapore and the United Kingdom as

partner countries. Over 5000 delegates, including 1000 international delegates from 15 countries participated in the event, wherein investments worth ` 2,42,160 crore were finalized by the State Government.

Seminar on Agro and Food Processing Opportunities10 September, Chennai

As part of Tamil Nadu Global Investors Meet 2015, CII organized a Seminar on ‘Agro and Food Processing Investment Opportunities in Tamil Nadu.’

Mr R Vaithilingam, Minister of Agriculture, Tamil Nadu, said the State has recorded an all-time high food grain production of 127.95 lakh tonnes in 2014-15.He also described the State Government’s schemes and subsidies for micro irrigation systems and farm mechanization.

Ms Mallika Srinivasan, Chairman and CEO, TAFE Ltd, acknowledged the role of Tamil Nadu’s Vision 2023 in achieving the targets laid down by the Chief Minister. With the identification of horticulture as a potential source of income for farmers, the area under horticulture has increased from 23.25 lakh acres in 2011 to 27.18 lakh acres in 2015-16, she said.

Sessions with Mr Kalraj Mishra, Union Minister of MSME15 & 16 September, Chennai & Puducherry

The Ministry of Micro, Small and Medium Enterprises (MSMEs) has taken significant measures to promote the growth of MSMEs under national initiatives such as Make in India, Skill India and Digital India, said Mr Kalraj Mishra,

Union Minister of MSMEs, at the interactive sessions with CII members. He also shared the Government’s plan to lead Indian MSMEs on a high growth path, by provid ing them

Selvi J Jayalalithaa, Chief Minister of Tamil Nadu, delivering her Inaugural Address at the Tamil Nadu Global Investors Meet in Chennai. Also seen (L-R): K Gnanadesikan, Chief

Secretary, Tamil Nadu; Sheela Balakrishnan, Advisor to the Chief Minister of Tamil Nadu and Venu Srinivasan, Past President, CII, and Chairman, Sundaram Clayton Ltd

Prof Ram Rajasekharan, Director, Central Food Technological Research Institute; P Ravichandran, President, Danfoss Industries Pvt Ltd; Rajesh Lakhoni, Agricultural Production Commissioner, and Secretary, Agriculture, Tamil Nadu;

R Vaithilingam, Minister of Agriculture, Tamil Nadu; Mallika Srinivasan, Chairman & CEO, TAFE Ltd and K Venkateswara Rao, Chief General Manager, NABARD, at the seminar on ‘Agro and Food Processing

Investment Opportunities in Tamil Nadu’ in Chennai

Kalraj Mishra, Union Minister for

MSMEs

Page 64: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 85

regions

with a supportive framework through policy advocacy measures.

Mr T T Ashok, Chairman, CII National SME Council, and MD, Taylor Rubber Pvt Ltd, presented a set of recommendations to the Minister for the growth and development of MSMEs.

Members’ Meets 18 & 23 September, Vijayawada & Visakhapatnam

Mr Ramesh Datla, Deputy Chairman, CII Southern Region, and CMD, Elico Ltd, interacted with members to communicate the various initiatives and activities undertaken by CII, and to understand the needs of members based in Andhra Pradesh. The Meet also provided an opportunity for members to discuss issues impacting industrial growth, exchange ideas on membership services, and explore strategies for enhancing growth of membership in Andhra Pradesh.

Interactive Session with Director, ISRO19 September, Mysuru

“Our aim is to see ‘Make in India’ possible in space too. We are undertaking extensive research and development, correcting our mistakes and learning from mission Moon and Mars to come up with better innovative solutions for the masses,” said Dr M Annadurai, Director, ISRO, at a CII interaction.

Dr Annadurai recalled that the late Dr APJ Abdul Kalam, Former President of India, always planned things way ahead, and believed in achieving the impossible. He would ask “what next?” each time after ISRO achieved a mission, said Dr Annadurai.

Roadshow on EXCON 201522 September, Colombo

CII, in association with the Ceylon Chamber of Commerce and the Indian High Commission in Colombo, organized a Roadshow on EXCON 2015, South Asia’s largest event for the construction equipment industry.

Mr Glenville da Silva, Member, Excon 2015 Steering Committee, and Vice President, Volvo Construction Equipment, Asia, in his theme presentation, said the forthcoming edition of Excon will be the biggest, with more than 800 exhibitors including a record 275 overseas companies, with country pavilions from Germany, Italy, South Korea, Turkey, China, Finland and UK.

Mr Karthik Pande, First Secretary (Economic & Commercial), High Commission of India to Sri Lanka, highlighted the opportunities for enhancing bilateral trade between India and Sri Lanka.

High Precision Arc Welding Technology 24 September, Hyderabad

CII, in partnership with Panasonic Welding Systems Co. Ltd organized a Technical Seminar and Workshop on High Precision Arc Welding Technology, demonstrating Japan’s high-quality welding technology, and highlighting the importance of welding quality control, legal regulations, certification systems, safety education, etc. Mr Toshihide Takahashi, MD, Panasonic Welding Systems Co. Ltd said the application of advanced technology in welding along with superior skill levels of welders would contribute to quality, productivity and manufacturing excellence of Indian industry.

Interaction on Botswana 29 September, Chennai

CII organized an interaction with the Botswana Investment and Trade Centre to explore new business opportunities and strengthen the trade relationship between India and Botswana.

Mr Morulaganyi Masalila, Executive Director, Botswana Investment & Trade Centre spoke about the opportunities for investment for Indian Industry in key areas such as Mining, Automotive Components, Agriculture, Education, Health, ICT, Manufacturing and Tourism.

Dr H S Dayananda, Prof. & Head, Dept of Civil Engineering, Vidyavardhaka Engineering College; Dr M Annadurai, Director, ISRO Satellite Centre and Dr N Muthukumar, Chairman, CII Mysuru, and

President, Automotive Axles Ltd, at an interaction in Mysuru

At the Roadshow on Excon 2015 in Colombo

Page 65: CII Communiqué: Catalyzing Growth in South Asia through Economic Integration

Communiqué October 2015 | 87

regions

West

Interaction with Singapore Delegation4 September, Mumbai

A 22-member delegation from the Singapore Manufacturing Federation and the Singapore Business Federation visited India. The objective of their visit was to help Singaporean companies tap into the local manufacturing market and explore business opportunities with potential Indian companies. As a part of this mission, CII Western Region organized an interaction with Indian Industry, meetings with MIDC and a factory visit.

3rd CII West Tech Summit 4 September, Pune

The 3rd edition of the CII West Tech Summit, the largest technology symposium in Western India, was organized with the support of the Government of Maharashtra. With the focus on ‘Make in India,’ the key sectors were Automotive Manufacturing, Defence Manufacturing, Skills & Education, and Information & Communication Technology.

In his keynote address, Dr Gopichand Katragadda, Chief Technology Officer, Tata Sons Ltd said a constant focus on innovation and an encouraging IT environment is required to gain competitive advantage in Manufacturing.

Mr Sanjay Kirloskar, Chairman CII Western Region, and CMD, Kirloskar Brothers Ltd said the Western Region has tremendous potential for growth with the success stories of Gujarat, Madhya Pradesh, Goa and Maharashtra contributing to more than 25% of India’s GDP.

Higher Education Summit 8 September, Mumbai

Mr C Vidhyasagar Rao, Governor of Maharashtra, and Chancellor of Universities in Maharashtra, addressing the Higher Education Summit, called for changes and modifications in teaching and pedagogy to improve our universities and Higher Education.

Mr Vinod Tawde, Minister of Higher & Technical Education, Maharashtra, extolled the ancient education system, which had the best of East and West. Indian knowledge capital is formidable and is recognized the world over, he said, calling for excellence in education through expansion, inclusion and innovation.

The Summit also felicitated educational institutions that are part of CII’s Education Excellence Forum.

CII CEO Delegation to Japan 9 – 12 September, Japan

A CII CEO Delegation accompanied Mr Devendra Fadnavis, Chief Minister of Maharashtra, to Japan to understand the economic environment, gain a perspective on emerging sectors, explore business opportunities and take forward the ‘Make in India’ initiative.

Industry Consultation on RCEP Negotiations 14 September, Mumbai

CII organized an Industry Consultation meeting in collaboration with the Union Ministry of Commerce and Industry, on the ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations involving the 10 member-ASEAN regional bloc and its six FTA partners-India, China, Japan, Korea, Australia and New Zealand.

A team of senior officials led by Mr Dammu Ravi, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, interacted with Industry members to better understand their concerns on the RCEP negotiations.

Singapore Delegation at the Industry Interaction in Mumbai

At the 3rd CII West Tech Summit, in Pune

Dr Ajeenkya D Y Patil, President, Ajeenkya D Y Patil University; Vinod Tawde, Minister of Higher & Technical Education,

Maharashtra; and C Vidyasagar Rao, Governor of Maharashtra, at the Higher Education Summit, in Mumbai