India e-Newsletter April 2012

ISSUENO.1;Vol.XXX IWebsite:http://www.indembassysuriname.com/April2012

ENewsletteroftheEmbassyofIndia,Paramaribo

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4thBRICSSummitIndiasuccessfullyhostedtheFourthBRICSSummitonMarch29,2012.Thebroadthemeofthesummitwas'BRICS Partnership for Global Stability, Security and Prosperity'. Prime Minister Dr. Manmohan Singh hostedPresidentDilmaRousseffofBrazil,PresidentDimitryMedvedevofRussia,PresidentHuJintaoofChinaandPresidentJacob Zuma of South Africa at the Summit. The BRICS Delhi Declaration capturing the essence of Leaders'deliberationsandarticulatingBRICSsharedpositionsoncontemporaryissuesofmutual interestwasissuedattheendofthesummit.

Highlightsof4thBRICSSummit:1)Globalgovernancereforms:BRICSleaderspitchforreformofglobalgovernanceinstitutions,includingtheUN,theInternationalMonetaryFund(IMF)andtheWorldBank.2)Globaleconomicrecovery:BRICSleaderssupportclosercoordinationforbalancedandsustainedglobaleconomicrecovery.3)DevelopmentBanksofBRICScountriessign twopacts forboosting intraBRICS trade.BRICS tosetupExchange

Alliance, a joint initiative by related BRICSsecuritiesexchanges.4)DevelopmentBank:LeadersagreetoexplorethesettingupofaBRICSledSouthSouthDevelopmentBank. Itwill promotemutual investment and fundinfrastructure projects in BRICS and developingcountries.5) IMF quota reforms: Pitch for greaterrepresentation of developing countries andemerging economies in the IMF by speeding upquotareforms.6) Back a "meritbased selectionprocess" for theheads of the IMF and the World Bank, postsreserved customarily for a European and anAmericanrespectively.7) Iran: Cautions the West against allowing theIranian situation to escalate into conflict. BacksdialoguetoresolvetheIraniannuclearimpasse.

8)Syria:BacksaSyrialeddemocratictransition.BRICSvoices'deepconcern'overSyriaandcallsfor'animmediateendtoallviolenceandviolationsofhumanrights'andbacksaSyrianledpoliticalprocess.9)BacksspeedierresolutionoftheArabIsraeliconflictandthecreationofanindependentPalestinecoexistingwithIsrael.10)StepupjointeffortsforsuccessfulconclusionoftheDohaRoundofmultilateraltradenegotiations.11)JointlyhelpinthedevelopmentandresurgenceofAfrica.12)Backsgreeneconomyandagreetoclosercoordinationonglobalclimatechangenegotiations13) Adopts an allencompassing action plan that includes, among other things, meetings of foreignministers onsidelines of the UN and meetings of Finance Ministers and Central Bank Governors on sidelines of G20meetings/othermultilateralmeetings.14) Identify new areas of cooperation that includes multilateral energy cooperation within BRICS framework, ageneralacademicevaluationandfuturelongtermstrategyforBRICS;BRICSYouthPolicyDialogue;andCooperationinPopulationrelatedissues

Source:IANSStateVisitofHerExcellencyMs.DilmaRousseff,Presidentofthe

FederativeRepublicofBraziltoIndiaHer Excellency Ms. Dilma Rousseff, President of the FederativeRepublic of Brazil paid a State Visit to India from March 2731,2012attheinvitationofthePrimeMinisterofIndia,HisExcellencyDr. Manmohan Singh. The President of Brazil and the PrimeMinister of India held official talks on bilateral, regional andinternationalissuesofmutualinterest.2. During the visit, the President of Brazil met the President ofIndia, Her Excellency Smt. Pratibha Devisingh Patil. After aceremonialwelcome inNewDelhi, the President of Brazil visitedRajghat to pay homage to the memory of Mahatma Gandhi. ThePresident of India hosted a Banquet in honour of the visitingdignitary.TheChairpersonUPASmt.SoniaGandhiandtheLeaderofOppositionSmt.SushmaSwarajcalledonthePresidentofBrazil.TheUniversityofDelhi conferred theDegreeofDoctorofLettersHonorisCausaonthePresidentofBrazilduringthevisit.3.Thefollowingbilateralinstrumentsforcooperationweresignedduringthevisit:i ExecutiveProgrammeofCulturalExchange20122014;ii MemorandumofUnderstandingonCooperationundertheBrazilianprogrammeSciencewithoutBorders;iii ProgrammeofCooperationonScience,TechnologyandInnovation(20122014);

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NewsaboutIndiaReport:Tabletsalestouch4.75lakhin2011.Economy&InvestmentDoingBusinesswithIndiaSectoralProfileBiotechnologyFeature:TappingEnergyfromSmallHydroPowerProjectsICCEvents NewsinHindiTradeEnquiriesBharatDarshan


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iv MemorandumofUnderstandingonCooperationinthefieldofBiotechnology;v MemorandumofUnderstandingonTechnicalCooperation;vi MOUbetweenINMETROandNABCBonmutualrecognitionofaccreditationbodies;andvii Statement of Intent for Promotion of Gender Equality and Advancement of the Rights of Women andChildren.TextoftheJointStatementbyIndiaandBrazilontheStateVisitofHerExcellencyMs.DilmaRousseff,PresidentoftheFederativeRepublicofBraziltoIndia

UnionBudget201213The Union Budget for 201213 has been presented by Mr PranabMukherjee, the Union Finance Minister, in Parliament on March 16,2012.HerearethehighlightsofUnionBudget201213OVERVIEWOFTHEECONOMY GDPisestimatedtogrowby6.9percentin201112 Indian economy is expected to grow at 9 per centwith an outsidebandof+/0.25percentin201112 Developments in India's external trade in the first half of currentyearhavebeenencouraging.DiversificationinexportandimportmarketachievedINVESTMENTENVIRONMENT EffortstoarriveatabroadbasedconsensusinconsultationwiththeStateGovernmentsinrespectofdecisionto

allowFDIinmultibrandretailupto51percent RajivGandhiEquitySavingSchemetoallowforincometaxdeductionof50percenttonewretailinvestors,who

investuptoRs50,000 (US$995.39)directly in equities andwhose annual income isbelowRs1,000,000 (US$19,892)tobeintroduced.Theschemewillhavealockinperiodof3years

Various steps proposed to be taken for deepening the reforms in the Capital markets, including simplifyingprocessofIPOs,allowingQFIstoaccessIndianBondMarketetc.

ToprotectthefinancialhealthofPublicSectorBanksandFinancialInstitutions,Rs15,888crore(US$3.15billion)proposedtobeprovidedforcapitalisation.PossibilityofcreatingafinancialholdingcompanytoraiseresourcestomeetthecapitalrequirementsofPSUBanksunderexamination

Acentral"KnowYourCustomer"depositorytobedevelopedin201213toavoidmultiplicityofregistrationanddataupkeep

AGRICULTURE PlanOutlayforDepartmentofAgricultureandCooperationincreasedby18percent OutlayforRashtriyaKrishiVikasYojana(RKVY)increasedtoRs9,217crore(US$1.83billion)in201213EDUCATION 6,000schoolsproposedtobesetupatblocklevelasmodelschoolsinTwelfthPlan Rs3,124crore (US$622million)provided forRashtriyaMadhyamikShikshaAbhiyan (RMSA)representingan

increaseof29percentoverBE201112 Toensurebetterflowofcredittostudents,aCreditGuaranteeFundproposedtobesetupHEALTH AllocationforNRHMproposedtobeincreasedfromRs18,115crore(US$3.61billion)in201112toRs20,822

crore(US$4.15billion)in201213 NationalUrbanHealthMissionisbeinglaunchedHOUSINGSECTOR Variousproposalstoaddresstheshortageofhousingforlowincomegroupsinmajorcitiesandtownsincluding

allowingECBforlowcosthousingprojectsandsettingupofacreditguaranteetrustfundetcINFRASTRUCTUREANDINDUSTRY DuringTwelfthPlanperiod,investmentininfrastructuretogouptoRs5,000,000crore(US$996.02billion)with

halfofthis,expectedfromprivatesector More sectors added as eligible sectors for Viability Gap Funding under the scheme "Support to PPP in

infrastructure" GovernmenthasapprovedguidelinesforestablishingjointventurecompaniesbydefencePSUsinPPPmode FirstInfrastructureDebtFundwithaninitialsizeofRs8,000crore(US$1.59billion)launchedearlierthismonthNATIONALMANUFACTURINGPOLICY National Manufacturing Policy announced with the objective of raising, within a decade, the share of

manufacturinginGDPto25percentandcreatingof100millionjobsSKILLDEVELOPMENT ProjectsapprovedbyNationalSkillDevelopmentCorporationexpectedtotrain62millionpersonsattheendof

10years Rs1,000crore(US$199.02million)allocatedforNationalSkillDevelopmentFundin201213BUDGETESTIMATES GrossTaxReceiptsestimatedatRs1,077,612crore(US$214.66billion) NetTaxtoCentreestimatedatRs771,071crore(US$153.60billion) NontaxRevenueReceiptsestimatedatRs1,64,614crore(US$32.79billion)

IndianAmericanhonouredbytheUSgovernmentforresponsiblecitizenship

IBEF:NewDelhi:VivekWadhwa,anIndianAmericanresearcherandtechnologycolumnist,hasbeenhonouredbytheUSgovernmentforresponsiblecitizenship.Wadhwawasconferredwiththe'OutstandingAmericanbyChoice'awardbyUSCitizenshipandImmigrationServices'(USCIS)DirectorAlejandroMayorka.TheprestigiousUSCISawardrecognisestheachievementsofnaturalisedUScitizensthroughcivicparticipation,professionalachievementandresponsiblecitizenship.WadhwaiscurrentlyservingasavisitingscholaratEmoryUniversity,VicePresidentofacademicsandinnovationatSingularityUniversity,FellowatStanfordUniversity.Besidesthesehealsoholdsotherimportantpositioninsomeotheruniversities.Beforejoiningacademicsin2005,Wadhwahadfoundedtwosoftwarecompanies.Wadhwa,anaturalisedcitizensince1989,holdsanMBAfromNewYorkUniversityandisthefoundingpresidentoftheCarolina'schapterofTheInduSEntrepreneurs(TIE),anonprofitglobalnetworkintendedtofosterentrepreneurship.


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MissIndiaWorldwide2012inSurinameOnFebruary25th2012inaluxuriousBallroominsizzlingParamariboSuriname,thegorgeousAlanaSeebarranfromGuyanawascrownedthe21stMissIndiaWorldwide.Thespectacularshowconcludedaweekofexcitingevents,notonlyforthe35contestants,

butforhundredsofinternationalandthousandsofSurinameseguestsaswell.SpecialguestsincludedBollywoodstarsAftabShivdasaniandAartiChabria,MissIndiaWorldwide2007,FareisaJoemmanbaks(Suriname)andMissIndiaWorldwide2011,AnkitaGhazan(Australia).AllattendedseveralGlamourevents,suchasthetalentnightandtheFashionDanceevent,withcreationsofSouthAfricandesignerPriscillaBhika.Internationalguestswerenotonlyimpressedby

theorganizationandallithadaccomplished,butalsobythewarmwelcomeextendedbyallofSuriname.Theslogan:WhereBusinessMeetsBeauty,wasobservedthroughoutallaspectsoftheevent.Inadditiontoseveralglamourevents,asetofthreeothereventswasheldfromFebruary19thuntilthe2525th.TheInternationalBusinessCentreincollaborationwiththeSurinameseChamberofCommerceandIndustries,accommodatedbusinesspeoplefromSurinameandabroad.AnexquisiteselectionofBollywoodBlockbusterswasshownduringtheFilmFestivalinTBLCinemas.IntheCourtyardbyMarriottParamariboanexpansiveIndianmenuwaspresentedbytopchefsfromIndia,thankstotheIndianEmbassyinParamaribo.EventhoughSurinameisonlyasmallcountry,asthehostoftheMissIndiaWorldwidePageant,itshareditstremendouspotentialwiththeworldandshowedthatitsacountrycrownedwithgenuinediversity.

IndianFoodFestivalinSuriname

An Indian Food Festival was held coinciding with the MissIndiaWorldwiseBeautyPageant2012.TheFoodFestivalwasheldfrom19thFebruaryto26thFebruaryatCourtyardMarriot,ParamariboandpresentedapickofIndianculinarydelightstothe participants of theMiss IndiaWorldwiseBeauty Pageant2012 and other guests. VicePresident of Suriname,H.E.Mr.RobertAmeerali andhis family,wereamong theguests.TheFoodfestivalwassponsoredbytheMinistryofTourismoftheGovernment of India. The Food Festival created awarenessamongstthelocalclienteleaboutvarietyofIndiancuisine.

TenyearoldIndianinUAEhelpssaveenvironmentIBEF:April16,2012NewDelhi:AbdulMuqeet,atenyearoldIndianboyintheUnitedArabEmirates(UAE),iscontributingtowardssavingtheenvironment,spreadingecofriendlyideas.Everyday,hemakespaperbagsanddistributesthemtosupermarkets,storesandmalls.Abdulhasreceivedseveralawardsforhiscommitmenttoenvironmentalconservation.Abdulstartedhisprojectwhenhewasonlyeight.Hewasinformedofthenegativeimpactthenonbiodegradableplasticbagshaveonnature.Thisledhimtothinkaboutecofriendlyideaswhathecoulddopersonallyandhowhecouldgetotherpeopletoact.Inthelasttwoyears,Abdulhasmadeanddistributedabout4,500bagstosupermarkets,storesandmalls.Popularlyknownaspaperbagboy",byschoolmates,Abdulisnevershyaboutstoppingastrangerinasupermarkettodeliverhismessage."Itellthemthatrecyclingonetonneofpapersaves17trees,"hesaid.AbdulhashelddemonstrationsinMarinaMall,AbuDhabiMall,KhalidiyaMall,JimiMallinAlAin,DubaiFestivalCityandDubaiMarinaMall."Whenwesawhisenthusiasm,wewantedtonurturehisinterest.Iwanttotellmothersthateverychildcangivebacktothecommunity,"saidAbdulsmotherAndaleebFatima.

AmbassadorSodhiwithMissIndiaBarbadosattheIndiaFoodFestival


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FDIinflowsup92%inJanuaryThe Hindu Business Line: February 14, 2012

NewDelhi: India received$2billion foreigndirect investment inJanuary 2012, registering a 92 per cent rise, compared to $1.04billion a year ago. The cumulative inflows for the April 2011January 2012 period stood at $26.19 billion, according to anofficialrelease.SectorswhichreceivedFDIinflowsduringthe10month period this fiscal are: services ($4.83 billion),pharmaceuticals ($3.20 billion), telecommunication ($1.99billion), construction ($2.23 billion), power ($1.56 billion) andmetallurgical industries ($1.65billion).Mauritius remain the topsource of inflows ($8.91 billion), followed by Singapore ($4.30billion), Japan($2.75billion),UK($2.75billion),Germany($1.46billion),theNetherlands($1.16billion)andCyprus($1.31billion).FDIinflowsintoIndiatotalled$19.42billionin201011financial

year,downfrom$25.83billionin200910.India'swebeconomytotouchRs11Lcrby2016:Study

BusinessStandard:March20,2012Mumbai:TheIndianinterneteconomyisprojectedtotouchRs10.8trillionby2016,accordingtoareportintheTheBostonConsultingGroupsConnectedWorldSeriesstudy.IndianinterneteconomythatcontributedRs3.2trilliontotheoveralleconomyin2010represents4.1percentofthegrossdomesticproduct.ThereportThe$4.2trillionOpportunity:TheInternetEconomyinG20,furthernotesthatiftheinternetwereasector,itwouldbetheeighthlargestinIndia.Itisdrivenespeciallybyexportsofinformationtechnologyservicesnetexportsmakeup59percentoftheIndianInterneteconomy,whileconsumptionisonly20percent.ConsumptionistheprincipaldriverofinternetGDPinmostcountries,typicallyrepresentingmorethan50percentofthetotalin2010.Itwillremainthelargestsingledriverthrough2016.ChinaandIndiastandoutfortheirenormousinternetrelatedexportsChinaingoods,Indiainserviceswhichpropeltheirinterneteconomyrankingstowardthetopofthechart,saidArvindSubramanian,aMumbaibasedBCGpartner.Hesaid,InemergingcountrieslikeIndia,socialmediaisfastbecomingtheinternetmediumandmobiletheaccessmediumofchoice.Indiasinterneteconomygrowthrateof23percentmakesitthesecondfastestacrosstheG20countriesandaheadofmanyotherdevelopingnationsintheG20,whicharegrowingatanaverageof17.8percent.Projectedgrowthrateselsewhereare:24.3percentinArgentina,18.3percentinRussiaand15.6percentinMexico.In2010,developedmarketscontributed76percentoftheG20'sinterneteconomy;by2016thatwillfallto66percent.In2010,theshareofonlineretailoutoftheoverallretailinIndiawasonly0.9percent.Itisprojectedtoreach4.5percentby2016.What'smore,theinternetinfluencesonlyanadditional0.8percentoftotalretailfromconnectedconsumersresearchingonlineandpurchasingoffline('ROPO').Thesenumberscompareto3.1percentforonlinesalesand4percentforROPOinBrazil,1.7percentand4.8percentinRussia,and5percentand9.6percentintheUS.Thereportalsohighlightshowinternethasbecomeanintegralpartofconsumerseverydaylife.Whenthereportaskedthesurveyedbasehowmuchtheywouldhavetobepaidtolivewithoutinternetaccess,IndianrespondentssaidanaverageofRs21,436peryear,or2.8timeswhattheypayforaccessandservices.Whenaskedwhethertheywouldforgototakeshowersforayearinordertokeepinternetaccess,36percentofIndianonlineconsumerssaidtheywould;64percentsaidtheywouldforgochocolate;63percentcoffee;and70percentwouldgiveupalcohol.ThereportfurtherstatedthattheinterneteconomyindevelopedmarketsoftheG20willgrowatanannualrateof8percentoverthenextfiveyears,faroutpacingjustabouteverytraditionaleconomicsector,producingbothwealthandjobs.ThecontributiontoGDPwillriseto5.7percentintheEUand5.3percentfortheG20.Growthrateswillbemorethantwiceasfastanaverageannualrateof18percentindevelopingmarkets,someofwhicharebankingondigitalfuturewithbiginvestmentsinbroadbandinfrastructure.Theeconomyby2016willalsoemploy32millionmorepeoplethanitdoestoday.In2010,theinterneteconomyintheUKaccountedforthehighestpercentageofnationalGDP,followedbySouthKorea(7.3percent)andChina(5.5percent).Ineachofthesethreecountries,theinterneteconomywouldrankamongthetopsixindustrysectors.At4.7percent,the2010shareofUSGDPcontributedbytheinternetwasaboutthesameasthesharecontributedbythefederalgovernmentandrankedslightlyaheadofthedevelopedmarkets'averageshareof4.3percent.

Tabletsalestouch4.75lakhin2011:CyberMediaResearchTheHinduBusinessLine:April03,2012

NewDelhi:LowcosttabletsaregettingtractionintheIndianmarket.AccordingtoCyberMediaResearch,about4.75lakhunitsoftabletsweresoldinIndialastyear.MrNaveenMishra,LeadTelecomsAnalyst,CyberMediaResearch,said,TheIndianmarkethasbecomeverycompetitiveinthefivequarterssincefourthquarterof2010,whenthefirsttabletmodelwasintroducedinthecountrybySamsung.Goingforward,withthelaunchofnew,competitivelypricedmodelsfromvendorssuchasIntexandMicromax,CyberMediaResearchexpectsbiggermarketingspendstopopularisethetabletformfactoraswellassignalbrandstrengthbyleadingplayers,headded.Overthepastfewmonths,numberofcompanieshavelaunchedlowcosttabletsinthemarket.ThisincludestheINTEXitabatRs11,900,ZynctabletatRs8,990andWishtel'stabletatRs4,000AccordingtoCyberMediaResearch,thecompetitionisexpectedtointensifyfurtherwithnewvendorslaunchingtheirproductsduring2012.Inashortspanoftime,themarkethasalreadyseenverticalised'productofferingsandduring2012thiswillbecomeanevenstrongertrend.Fornow,educationseemstobetheverticalwithhighestpriorityofadoptionandalargenumberofmodelsarepositionedatthissegment,MrMishrasaid.However,hecautionedthatthesuccessinadoptionoftabletswilllargelydependonproductperformanceandavailabilityofrelevantcontentaswellasaffordableandwidespread3Gservices.


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ForeigndirectinvestmentnormsforIndiansrelaxedBusinessStandard:March29,2012Mumbai: TheReserveBankof India (RBI) on announced a slewof revisions aimed at liberalising thenorms fordirect investment abroadby Indian residents. These include liberalisation in regulations onqualification shares,professionalservicesrenderedandEsop(employeestockoptionplan)schemes.The central bankhas removed the capof oneper cent on resident individuals acquiringqualification shares forholding the post of a director in a foreign company. Accordingly, remittance shall be allowed from residentindividuals for acquiring the qualification shares for holding the post of a director in a foreign company to theextentprescribedinthelawofthehostcountrywhereitislocated,saidtheRBInotification.Ithasalsodecidedtograntgeneralpermissiontoresidentindividualstoacquiresharesofaforeignentityinpartorfullconsiderationforprofessionalservicesrenderedtotheforeigncompanyorinlieuofadirectorsremuneration.And,IndianresidentemployeesordirectorshavebeenpermittedtoacceptsharesofferedunderanEsopschemeglobally, on a uniformbasis, in a foreign company irrespective of thepercentage of thedirect or indirect equitystake.Earlier,thefacilitywassubjecttoequityholdingofnotlessthan51percent.However,sharesundertheEsopschemeshouldbeofferedbytheissuingcompanygloballyonauniformbasisandtheannualreturnfiledbytheIndiancompanytoRBIthroughtheauthoriseddealercategoryIbank,givingdetailsofremittancesandbeneficiaries.RBIalsoannouncedseveralmodifications toease theprocessofdirect investmentsabroad. Ithasbeendecidedthat issuanceofpersonalguaranteebythepromotersof the IndianpartyaspresentlyallowedunderthegeneralpermissionshallalsobeextendedtotheindirectresidentindividualpromotersoftheIndianparty,withthesamestipulationsasinthecaseofpersonalguaranteebythedirectpromoters,itsaid.

Exportsduringcurrentfiscalwillbearound$300b:SharmaTheHinduBusinessLine:Mumbai:Thecountry'sexportsduringthecurrentfiscalwouldbearound$300billion,anincreaseof22percentfrom$245billionachievedlastyear,saidtheUnionCommerceMinister,MrAnandSharma,onThursday.Hewas interactingwith themedia after reviewing theprogressof theDelhiMumbai IndustrialCorridor (DMIC)project.MrSharmasaidthatgrowth inexportshavebeenachieved inspiteofverychallengingcircumstancesandglobalcontractionofdemand.Theconsciousstrategywhichwehaveadoptedofaccessingnewmarketshavesustainedourexportsandwouldbeabletowithstandtheincreasingpressureoncurrentandtradeaccount,hesaid.Hesaidthatexportshavetobesustainedbyarobustmanufacturingsector.ThereforeprojectssuchasDMICandNationalManufacturingZonesneedstobegivenaboost.TodayDMICisoneofthebiggestinfrastructureprojectsontheanvil,whichwillimpact43percentofthenationalpopulation.Inthelongrun,DMICwillattractaninvestmentofabout$100billion.RidingalongwiththeindustrialcorridorwouldbetheNationalManufacturingZones(NMZ),whichwouldbefullfledgedindustrialtownshipsfocussedonmanufacturingindustries.SevensuchzonesarebeingplannedalongtheDMIC,ofwhichtwowouldbeinMaharashtra,MrSharmasaid.Alsoaddressingthemedia,theMaharashtraChiefMinister,MrPrithvirajChavan,saidthatinthefirstphaseoftheproject,DighiportindustrialareainRaigaddistrictspreadover2,500kmandShendraBidkinmegaindustrialareaof845kminAurangabadhavebeenidentifiedasNMZs.BoththeregionswouldbedevelopedwithaninvestmentofaboutRs8,766crore,hesaid.ForproperimplementationoftheDMICprojectintheState,a jointventurebetweentheDelhiMumbaiIndustrialCorridorCorporationand theMaharashtraGovernmentwill be setup,whichwill have an independent team forimplementingtheproject,MrChavansaid.

IndiainvitesSaudiArabiatoinvestinoilsectorTheHinduBusinessLine:February24,2012

New Delhi: India has invited Saudi participation in upcominginvestmentopportunitiesinitspetroleumupstreamanddownstreamsector including OPaLs Petrochemical project at Dahej and OMPLsPetrochemical project atMangalore. An offerwasmade to the Saudisideforconsideringequityparticipationintheseprojectsasastrategicinvestor, said Mr R.P.N. Singh, Minister of State for Petroleum &Natural Gas, after the bilateralmeetingswith Prince Abdul Aziz BinSalmanBinAbdulaziz,AssistantMinister forPetroleumAffairs,SaudiArabia.Other proposed investment opportunities such as Indian OilCorporationsLNGprojectatEnnore,BharatPetroleumCorporationsLNG terminal at Kochi, Hindustan PetroleumCorporations grassroot refinery in Visakhapatnam and Indian OilCorporationspetrochemicalplantatParadipwerealsodiscussed.SincebothSaudiArabiaandIndiaareprominentactorsintheInternationalEnergyForum(IEF)comprising88countries,whichistheworldsprincipalvehiclefortheongoingglobalenergydialogue,severalissuesrelatedtotheIEFwerealsodiscussed,hesaid.

Exportgrowsby21.4%inAprilto

February2012atUSdollar267.4billionIndias exports for themonths of April 2011 February 2012 haveregistered a growth of21.4%, atUS$267.4billion.Interacting with the mediapersons, Shri Rahul Khullar,Commerce Secretary,informed that during thesame period the importswereUS$434.2billionwitha growth of 29.4% and aBalanceofTradestoodatUS$ ()166.8billion,during thesame period. Shri Khullaralso informed that Indiasexports in February 2012were US $ 24.6 billion with4.3 % growth and importsstood at US $ 39.8 bn withgrowth of 20.6% Balance oftrade for the month ofFebruary 2012 stood at ()15.2billionUS$.During AprilFebruary 2012,the following sectors havedone well with regard toexports engineering, (US $54.5 billion) whichregistered the growth of20.9%; petroleum & oilproducts, 46% (US $ 53billion); Gems & Jewelleryregistered the growth of28.8% (US $ 40.6 billion);Drugs and pharmaceuticals11.4% (US $ 11.4 billion);leather 20.4% (US $ 4.1billion) Cotton yarn andfabricmadeup 18.5% (US $6.1 billion) ; electronics,3.5% (US $ 8 billion);Readymadegarments,19%(US$12.1billion).AsregardstoimportsduringAprilFebruary 2012, thegrowth estimates on thefollowing sectors are: POL,41% (US $ 132.6 billion);Gold and silver 38.5% (US$54.5 billion); machinery,27% (US $ 32.2 billion),electronics,21.8%(US$30.1billion), and coal 72% (US $15.5 billion US $). TheCommerce Secretaryclarified that the figures areonlytheroughestimatesandthe final figure is subject tochange.


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MadeinIndia'choppercabinreadytotakeoffThe Hindu Business Line: March 27, 2012 Chennai:ThefirstmadeinIndia'helicoptercabinisreadytotakeoffintheglobalskies.ManufacturedbytheTatagroupinHyderabad,thecabinshavebeenfittedinthehelicoptersmanufacturedbytheUSbasedSikorsky.We need to just add cockpit and tail to the cabin, and the helicopter isreadytofly,saidAirViceMarshal(Retd)ArvindWalia,RegionalExecutive,India&SouthAsia,Sikorsky.ThecompanyispartofUnitedTechnologies.The helicopter with cabin from India has been fitted into the S92helicopterofSikorsky.Itistobedeliveredinthenextfewdaystoaglobalcustomer.Idonotknowwhothecustomeris,hesaid.SikorskyoperatestwomanufacturingfacilitiesinHyderabad.TheTataAdvancedSystemsisa

helicopter cabinmakingventurewith theTataGroup. In this, it owns26per cent stake.Theother company isTaraAerospaceSystems,whichmanufactureshelicopterscomponents.Around5,000componentsmanufacturedbyTaraarefittedintothecabins,hesaid.MrWalia said that company has asked the Tatas to increase production to three cabins amonth in 2013 from thepresent two. In India, Sikorsky has so far supplied six executive transport' category helicopters to some of thecommercialestablishments inMumbai. IthasalsosuppliedahelicoptertotheMaharashtraGovernment. It is intalkswith large offshore drilling companies, he said. The company has also evinced interest in coproduction of 200helicoptersalongwiththeHindustanAeronauticalLtd.Ifselected,thenextstagewillbeRequestforProposal,hesaid.India'sOnshoreWindEnergypotentialis3000GW:StudyTheEconomicTimes:AstudyispeggingIndianpotentialforwindenergyat3,000GW.ItclaimsthatthepotentialforwindenergyutilisationwiththeprevalenttechnologiesisfarinexcessofearlierestimatesbyCenterforWindEnergyTechnology(CWET).TheCentreestimatedIndianwindenergypotentialat49,000MWandincreasedto100GWsubsequently."ScientificandresearchworkcarriedoutbyIndianwindindustryexpertJamiHossainhasinspiredscientistsatLawrenceBerkleyNationalLaboratory(LBNL)tochallengeassessmentsoftheChennaibasedgovernmentagencyCWET,onthepotentialforwindfarmsinIndia.Hossaininhispaper,publishedintheinternationalrenewableenergyjournalRenewableEnergy,presentedhisfindingsontheassessmentforpotentialforwindfarmsusingGeographicalInformationSystemPlatform,"readamediastatementissuedbyWorldWindEnergyAssociation(WWEA).Inthepaper,Hossainassessedthepotentialataround2000GW,whichhasnowbeenconfirmedbytheLBNLstudywhichseesthetotalonshorewindpotentialofIndiabetween2000and3000GW.Commentingonthedevelopment,WWEAsecretarygeneralStefanGsangersaid,""ThesefindingshavesignificantpolicyimplicationsforIndiaaseveryunitofelectricitygeneratedfromwindnotonlysavesoilandcoalbutalsopreventemissionsofCO2andotherenvironmentallydangerousgases.UnfortunatelyIndiaisnottheonlycountrywherethewindpotentialhasbeenunderestimatedbyfar."HeaddedthatrecentstudiesandnationaltargetsfromChina,DenmarkorGermanyandnowfromIndiahavedemonstratedthatwindcouldcoverthewholeelectricitydemandofthesecountries."Manymorecountriesshouldupdatetheirwindpotentialassessment,basedonrealdata,inordernotanymoretounderestimatethepotentialcontributionofwindpowertothenationalenergysupply,"saidGsanger.Hossainstatedthattheyhavetriedtofurtherrefineandimprovefiguresbasedoncompetingusesoflandinthecountrybutwiththecontinuedimprovementintechnology,theonshorepotentialisindeedveryhighcomparedtowhatwasassessedearlier."ThegrossunderestimationbyCWEThaspreventedthepolicymakersandtheplanningbodiesinthecountrysuchastheplanningcommissionandCentralElectricityAuthority(CEA)inrecognisingwindenergyasamajorandpossiblymainstreamsourceofwindenergy,"saidHossain.India,oneofthetopcleanenergyeconomiesTheHinduBusinessLine:NewDelhi:Indiacontinueditsascentasatopdestinationforprivatecleanenergyinvestment,accordingtoaresearchreportreleasedbyThePewCharitableTrusts,anonprofitorganisation.ThecountrysNationalSolarMission,withagoaltohave20GWofsolarpowerinstalledby2020,helpeddrivethesevenfoldjumpinsolarenergyinvestmentsto$4.2billion,thereportsaid.Indiareceived$4.6billionandanadditional2.8GWofcapacitywasinstalledoverthecourseoftheyear.Indianowhas22.4gigawattsofinstalledcleanenergygeneratingcapacity.Accordingtothereport,Indiascleanenergysectorcontinuedtoflourishin2011,withprivateinvestmentincreasing54percentto$10.2billion,placingthecountryatsixthpositionamongtheG20nations.ThiswasthesecondhighestgrowthrateamongtheG20nations.Cleanenergyinvestment,excludingresearchanddevelopment,hasgrownby600percentsince2004onthebasisofeffectivenationalpoliciesthatcreatemarketcertainty,saidMsPhyllisCuttino,DirectorofPewsCleanEnergyProgram.Onanumberofmeasures,Indiahasbeenoneofthetopperformingcleanenergyeconomiesinthe21{+s}{+t}century,registeringthefifthhighestfiveyearrateofinvestmentgrowthandeighthhighestininstalledrenewableenergycapacity,thereportsaid.Globally,investmentgrewtoarecord$263billionin2011,a6.5percentincreaseoverthepreviousyear.TheUSreclaimedthetopspotamongallG20nationsandattracted$48billion.However,with$45.5billioninprivateinvestments,Chinacontinuedtobeahubofcleanenergyactivityleadingtheworldinwindenergyinvestmentanddeploymentaswellaswindandsolarmanufacturing.Germanyreceived$30.6billion,rankingthirdamongG20nations.Thecombinationoffallingpricesandgrowinginvestmentsacceleratedinstallationofcleanenergygeneratingcapacitybyarecord83.5GWin2011bringingthetotalto565GWglobally.Thisrepresentsalmost50percentmorethaninstallednuclearpowercapacity.

9,000KarnatakaschoolstakegreenturnTheTimesofIndia:April07,2012Bangalore:Karnatakacanboastof9,000'environmentfriendlyschools'bytheendofthisfinancialyear.Theywillgrowtheirownvegetables,plantmedicinalplantsintheirschool'sbackyardandbehighonthegreenawarenessquotient.BeingcoordinatedbytheKarnatakaStatePollutionControlBoard(KSPCB),stateeducationdepartmentofficialswillberopedinfortheproject'simplementation."Lastyear,weweresuccessfulinmakingmanyschoolchildrenenvironmentfriendly.Basedonthat,wethoughtoftakinguptheinitiativeinamoreorganizedmannerthistime,"saidKSPCBchairmanASSadashivaiah.ThebodyhassetasideabudgetofRs2lakhperdistricttofacilitatethisprogrammeacrosstheentirestate.Apartfromtrainingschoolteachersandbringingoutliteraryworksonair,waterandsoilpollution,competitionswillbeheldongreeninitiatives,whichwillfetchawardsandmarksforthestudents,thechairmansaid.Facilitatinganothergreeninitiative,KSPCBwillencourageindustriestogetinvolvedin'GreenNurturing'.


8

BIOTECHNOLOGYWithitslargepoolofscientifictalent,worldclassinformationtechnologyindustry,andvibrantpharmaceuticalsector,Indiaiswellpositionedtoemerge as a significantplayer in the globalbiotecharena.Biotechnology isperceivedas a revolution throughout theworld. Scientists, throughResearchandDevelopment(R&D),havedevelopedandarecontinuingtodevelopcuresfordiseasesthathaveaffectedpeoplefordecadesandevencenturies.With its large population of over a billion people there is a hugemarket for products and services. India 's population has a very interestingdemography that creates almost a perfect environment for biotech companies to shift bases here. In addition the Indian subcontinent,whichoccupiesonly2.4%ofthetotalglobalsurfacearea,hasthemostvariedspeciesoffloraandfauna.IndianAdvantage

PromisingpotentialtobeaglobalplayerinthearenaofbiotechnologyLargepoolofskilledandcostcompetitivemanpowerWelldevelopedandintegratedscientificinfrastructureAdvancedchemicalsynthesistechnologiesManufacturingpracticesconformingtoUSandEUnormsDiversebiologicalresourcesGloballyrecognizedasaproduceroflowcost,highqualitybulkdrugsandformulations.

OverviewofBiotechIndustryThe Biotech Industry in India in FY 201011 clocked US$ 3927.6 million,excluding lifescienceseducation(withwhich thebiotech industryhascrossedUS$4billion),growing21.5percentoverthelastyearsrevenueofUS$3233.2million.Therevenuesplitbetweenexportsanddomesticsaleshasalsorecordedminorshifts rangingbetween twotofive percent. The exports across segmentmadeup51percentoftheoverallrevenuecontributingatotalofUS$2015.7million.Theratiobetweenexportsanddomesticsalesstandsat51:49,whichisasignofarobustindustry.IndianBiopharmaSectorIndia BioPharmamarket comprising primarily of vaccines, therapeutic drugs,insulin,animalbiologicals,stationsanddiagnostics,continuedtograbthelargestshareofthetotalbiotechindustryrevenueofUS$3924.4millionin201011.ThebiopharmamarketaccountedforUS$2424.8million,with61.8percentofmarketsharein201011.ItaccountedforUS$2008.7million,taking62percentmarketsharein200910.Vaccines:Vaccinessectorwithinbiopharmasegmentwitnessedacontinuedgrowthof12percentduring201011.WiththerevenueofUS$555.4millionin201011,vaccinessectorclaimedthelargestpieinthebiopharmasegment.In200910thevaccinessectorhadsalesofUS$495.9million.Diagnostics:Drivenbyariseandinvestmentsinthehealthcareinfrastructure,diagnosticsandtherapeuticsbusinesshadapositiveimpactonthediagnostic sector. The diagnosticmarket is estimated to be at US$ 555.2million for 201011 registering growth of 22 percent over last yearsmarketofUS$455.1million.Therapeutics:ThetotalbiologicsmarketinIndiawitnessedagrowthofover35percentandstoodatoverUS$US$455.1millionforyearending2010asagainstUS$336.8millionfortheyearending2009.For2010,thehumaninsulinandanaloguesmarketstoodatoverUS$177.5millionanderythropoietinstoodatUS$23.4million.IndianBioservicesSectorThebioServicessectorclockedtotalrevenuesofUS$738.4millionin201011,registeringagrowthof23percentoverlastyears(200910)totalsegmentrevenueofUS$600.2million.Thisconstitutesabout19percentofthetotalbiotechindustryrevenueforthefiscal.


9

Lookingintothefuture,thecontractresearchorganization(CRO)industrywillcontinuetogrowatarateof2030percentinthenextthreeyears.The segmentwill also see theentryof anumberof smallsizedhomegrownCROs into themarket lookingatBA/BEstudies.Also,beingon thegrowthmode,IndianCROswilllookatoutboundacquisitionsbothbigandsmall.MandatoryregistrationofallclinicaltrialsinIndiahasbroughtabout themuchneededtransparency intothesystemandthis in turnwill leadtoarise in thenumberofglobalcompaniesoutsourcingclinicaltrialstoIndia.IndianBioAgriSectorTheBioAgrimarketclockedtotalrevenuesalesofUS$564millionin20102011asagainstUS$440.3millionin20092010.Thisaccountsfor14.4percentofthetotalbiotechrevenues.Btcottonhasbeenaroaringsuccesswith95percentofIndianfarmersadoptingthetechnology.IndiatodayisthefourthlargestcountryintheworldunderBtcottoncultivation.ThetotallandareaunderBtcottonin20102011was9.5millionhectare,whichisover85percentofthetotallandundercottoncultivationinthecountry.Inthefiscal20092010,thetotallandacreageunderBtcottoncultivationwas8.4millionhectare.Maharashtrawithabout3.142millionhectarehasthehighestareaunderBtcottonacreage followedbyGujaratat2.354millionhectareandAndhraPradeshat1.399millionhectare.Punjab,Haryana,RajasthanandKarnatakaareotherimportantstatesundertakingBtcottoncultivation.IndianBioIndustrialSectorThebioIndustrialmarketinIndiaclockedUS$142.3millionin20102011,growingatarateof10.9percentfor20102011,asagainstUS$128.2million in 20092010. India has amarginal share in the globalmarket for industrial enzymes,which is estimated to be at about US$ 3387.30million.ThesegmentisforecastedtogrowataCAGRof15percenttill2015.Thoughthereisaprevailingdomesticdemand,thesegmentislargelyexportdriven.MajorexportmarketsincludetheUS(globalshareof40percent),Europe(globalshare25percent)China(Globalshare:20percent).Others includeRestofAsia(Globalshareof15percent).RealizingthepotentialoftheopportunitiesoutsideIndia,manyIndiancompaniesareexpandingtheirbaseoutsidethecountryevenintodifficultmarketssuchasChina.AdvancedEnzymes for instance,will start itsEuropeanandChinese subsidiaries formarket expansion.And this ishow the companyexpectstoachieveitsUS$227.4millionrevenuemilestoneinthenextfiveyears.IndianBioInformaticsSectorThebioInformaticssegment,whichisthesmallestofindustrysegmentsconstitutingbarelytwopercentofthemarketshareintheoverallindustryrevenue,grewby4.9percentinFY201011.ThesegmentclockedUS$55.1millioninthisfiscalascomparedtoUS$52.5millioninFY200910.Themajorplayersinthesegment,StrandLifeSciencesandOcimumBiosolutionscollectivelycontributedUS$24.3milliontotheoverallrevenue.The factors contributing to this growth include tracking of discovery activities, data analysis, and pharma research. The different sub verticalscoveredunderitareInformatics,Omics,Labinformation,ClinicalDataManagementandBiostatistics.BiotechIndustryExportsofdifferentsectorsduringFY200910

Segment 200910 201011 Exports

RsCrore(US$Million)

PercentageShare(%) ExportsRsCrore

(US$Million)PercentageShare(%)

BioPharma 4767.7(1081.7)

54 5535.4(1255.6)

52

BioServices 2507(569)

95 2986.3(677.4)

92

BioAgri 58.1(13.2)

3 74.4(16.9)

3

BioIndustrial 124.1(28.2)

22 150.2(34.1)

24

Bioinformatics 73.9(16.8)

32 106.02(24)

42

Total 170.9(38.8)

53 8852.3(2008)

51.3

Source:AssociationofBiotechnologyledEnterprises(Able)


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InvestmentOpportunitiesThefollowingthrustareasoffertremendousscopeforpotentialinvestmentintheBiotechnologysector

AgricultureandPlantBiotechnology MedicinalandAromaticplants AnimalBiotechnology AquacultureandMarineBiotechnology Seribiotechnology StemCellBiology HumanGeneticsandGenomeAnalysis EnvironmentalBiotechnology MicrobialandIndustrialBiotechnology Healthcare BioFuels BioPesticides BioInformatics SoftwareSupport

PolicyFrameworkNationalBiotechnolgyDevelopmentStrategyBiotechnologyasabusinesssegmentforIndiahasthepotentialofgeneratingrevenuestothetuneofUS$5billionandcreatingonemillionjobsby2010throughproductsandservices.ThiscanpropelIndiaintoasignificantpositionintheglobalbiotechsweepstakes.BiopharmaceuticalsalonehavethepotentialtobeaUS$2billionmarketopportunitylargelydrivenbyvaccinesandbiogenerics.ClinicaldevelopmentservicescangenerateinexcessofUS$1.5billionwhilstbioservicesoroutsourcedresearchservicescangarneramarketofUS$1billionoverthistimescale.ThebalanceUS$500millionisattributabletoagriculturalandindustrialbiotechnology.Indiahasmanyassets in itsstrongpoolofscientistandengineers,vast institutionalnetworkandcosteffectivemanufacturing.Thereareoverahundred National Research Laboratories employing thousands of scientists. There are more than 300 college level educational and traininginstitutesacrossthecountryofferingdegreesanddiplomasinbiotechnology,bioinformaticsandthebiologicalsciences,producingnearly500,000studentsonanannualbasis.More than100medical collegesadd17,000medicalpractitionersperyear.About300,000postgraduates and1500PhDsqualifyinbiosciencesandengineeringeachyear.Theseresourcesneedtobeeffectivelymarshaled,championedandsynergizedtocreateaproductiveenterprise.India is reorganized as amega biodiversity country and biotechnology offers opportunities to convert our biological resources into economicwealthandemploymentopportunities.Innovativeproductsandservicesthatdrawonrenewableresourcesbringgreaterefficiencyintoindustrialprocesses,checkenvironmentaldegradationanddeliveramorebiobasedeconomy.Indianagriculturefacestheformidablechallengeofhavingtoproducemorefarmcommoditiesforourgrowinghumanandlivestockpopulationfromdiminishingpercapitaarablelandandwaterresources.Biotechnologyhasthepotentialtoovercomethischallengetoensurethelivelihoodsecurityof110millionfarmingfamiliesinourcountry.The advancement of biotech as a successful industry confrontsmany challenges related to research and development, creation of investmentcapital,technologytransferandtechnologyabsorption,patentabilityandintellectualproperty,affordabilityinpricing,regulatoryissuesandpublicconfidence. Central to this are two key factors: affordability and accessibility to the products of biotechnology. Policies that foster a balancebetweensustaininginnovationandfacilitatingtechnologydiffusionneedtobeputinplace.Thereareseveralsocialconcernsthatneedtobeaddressedinordertopropeltheemergenceofbiotechnologyinnovationinourcountrysuchasconservingbioresourcesandensuringsafetyofproductsandprocesses.Governmentandindustryhavetoplayadualroletoadvancethebenefitsofmodernbiotechnologywhileatthesametimeeducateandprotecttheinterestsofthepublic.Wideutilizationofnewtechnologieswouldrequirecleardemonstrationofthenewaddedvaluetoallstakeholders.The National Science and Technology Policy of the Government and the Vision Statement on Biotechnology issued by the Department ofBiotechnology have directed notable interventions in the public and private sectors to foster life sciences and biotechnology. There has beensubstantial progress in terms of support for R&D, human resource generation and infrastructure development over the past decade.With theintroductionoftheproductpatentregimeitisimperativetoachievehigherlevelsofinnovationinordertobegloballycompetitive.Thechallengenowistojointheglobalbiotechleague.This will require larger investments and an effective functioning of the innovation pathway. Capturing new opportunities and the potentialeconomic,environmental,healthandsocialbenefitswillchallengegovernmentpolicy,publicawareness,educational,scientific,technological,legalandinstitutionalframework.Theissueofaccesstotheproductsarisingfrombiotechnologyresearchinbothmedicineandagricultureisofparamountimportance.Therefore,thereshouldbeadequatesupportforpublicgoodresearchdesignedtoreachtheunreachedintermsoftechnologyempowerment.Both"publicgood"and"forprofit"researchshouldbecomemutuallyreinforcing.Publicinstitutionsandindustrybothhaveanimportantroleintheprocess.TheNationalBiotechnologyDevelopment Strategy takes stockofwhathas beenaccomplishedandprovides a framework for the futurewithinwhich strategies and specific actions to promote biotechnology can be taken. The policy framework is a result of wide consultation withstakeholdersscientists, educationists, regulators, representatives of society and others and reflects their consensus.It focuses on crosscuttingissuessuchashumanresourcedevelopment,academicandindustry interface, infrastructuredevelopment, labandmanufacturing,promotionofindustryandtrade,biotechnologyparksandincubators,regulatorymechanisms,publiceducationandawarenessbuilding.Thispolicyalsoaimstochalk out the path of progress in sectors such as agriculture and food biotechnology, industrial biotechnology, therapeutic and medicalbiotechnology,regenerativeandgenomicmedicine,diagnosticbiotechnology,bioengineering,nanobiotechnology,bioinformaticsandITenabledbiotechnology,clinicalbiotechnology,manufacturing&bioprocessing,researchservices,bioresources,environmentandintellectualproperty&patentlaw.


11

This is the time for investment in frontier technologies such as biotechnology. It is envisaged that clearly thoughtout strategies will providedirectionandenableactionbyvariousstakeholderstoachievethefullpotentialofthisexcitingfieldforthesocialandeconomicwellbeingofthenation.FulltextofthepolicyResultsFrameworkDocumentforDepartmentofBioTechnologyVisionThe vision of the department is to create biotechnology tools and technologies that address the problems of agriculture productivity, foodproduction,nutritionsecurity,healthcareandenvironmentalsustainabilitybyprovidingnewandemergingproductsandservicesataffordableprices, generate employment opportunities and make India globally competitive in the emerging bioeconomy.MissionThe Department of Biotechnology aims at achieving its vision by facilitating emergence of a system that promotes excellence and sustainsinnovationthroughimplementationofnovelschemes/programmesandinstitutionalmechanismsto:

ensure availability of required numbers of world class scientists and professionals relevant to R&D and technology developmentalongwithawelltrainedandskilledtechnicalworkforceforindustry.

establishadequateinfrastructure,biotechnologyincubatorsandclusters. catalyzeearlystageinnovationthroughinvestmentsandsupportservices. engage publicprivate partnerships for development of products of social relevance for applications in agriculture, healthcare,

environmentandindustry. provideafiscal,regulatoryandlegalframeworkthatencouragesrisktakingbyinvestors.

Objectives Ensureavailabilityofadequatehumanresourceatalllevels Engagepublicprivatepartnershipsfordevelopmentofproductsofsocialrelevance Promotebasicandtranslationalresearchfordevelopmentofproductsandprocessesofsocialrelevance Establishofnewcentresofexcellenceandtechnologyplatforms

ToviewfulltextofthepolicyClickhereFutureOutlookLookingatthefuture,Indiawillgotheinnovationway.Thegovernmentfundingintermsofprovidingfinance,gettingintoPPPs,theircommitmentindevelopingthissectorisencouraginganditispreparedtobeafinancierandsteerregulations.GlobalizationinbiotechislargelyIndiacentric.Inthefuture,Indiawillbeapartoftheglobalmarketandwillbeapartofthepieacrossthevaluechain.TherewillbealotofmarketingallianceswherecompaniesabroadcancomeandIndiancompanieswillplaytheroleofcontractsalesorganizations(CSOs).ItwillnotjustbeaboutbusinessopportunitiesbutcapabilitydevelopmentthatwillexposeIndiatoactivelylearntheexpertiseofthepartner.Basedonthecurrenttrendsandthenewprogressivebiotechpolicies,theforecastfor2015isthattheIndianbiotechindustrywouldhaveannualrevenuesinexcessofUS$13billion.UsefulWebLinks

OfficialWebsiteofDepartmentofBiotechnology AssociationofBiotechnologyledEnterprises


12

TappingEnergyfromSmallHydroPowerProjects

Hydropower isobtained fromthepotentialenergyofwater

flowingfromaheight.Theenergyisconvertedintoelectricitybyusingaturbinecoupledtoagenerator.Thehydropowerpotentialofasiteisdependenton thedischargeandheadofwater.Theseprojectscanbesetuponrivers,canalsoratdams.TheyareclassifiedasMicrohydro(up to 100kW),Mini hydro (1012000kW i.e. 2MW) and Small hydro(above2MWupto25MW).

SHP is economical and at the same time is compatiblewithuseofwaterforotherpurposeslikedrinking,irrigationetc.Itcanalsoprovideelectricity inadecentralizedmanner.Itgivestheflexibilityofinstallationandoperationinadistributedmode.Thepowergenerationis environmentally friendly because it causes negligible or nosubmergence; minimal deforestation and hence reduced impact onflora,faunaandbiodiversity.ThestandardindigenoustechnologiesfortheSHPareavailableandhenceonlyminoradaptationtospecificsiteconditionsisrequired.

While SHP projects on rivers involve higher costs of civilworks than those on canals, the cost of equipments for canal basedprojectsisrelativelyhigher.SHPprojectsgenerallycostbetweenRs.78.5croreperMW.SHPprojectsgenerallyhaveapaybackperiodof57yearsdependinguponthecapacityutilizationfactor.

TheMinistry of New andRenewable Energy (MNRE) supports SHP development throughout the country, both in government andprivatesectors.Apartfromprovidingfinancialsubsidytonewventures,thegovernmentprovidesassistanceforrenovationandmodernization(R&M)of existing stations.The subsidy isutilizedby thepromoter towards repaymentof the term loanavailed froma financial institution.However, thesubsidy isreleasedafter theprojectperformanceparametersareachieved.Theequipment tooused iscommensuratewith thestandardslaiddownbytheInternationalElectrotechnicalCommissionandBureauofIndianStandards.Aspecial incentivepackagehasbeendeveloped for thepromotionof theSHPprogramme in theNorthEasternstates, JammuandKashmir,HimachalPradeshandUttarakhand.Anumber of states have announced policies to attract private sector entrepreneurs to set up SHP projects. The State Electricity RegulatoryCommissionsarenowdeterminingtariffsfortheseprojects.

Watermillsalsoknownasgharats in thenorthernpartof thecountryaretraditionallyused formechanicalenergy.TheHimalayanregionaloneisthehouseforabout100,000watermillsandareusedformechanicalapplicationslikegraingrindingandoilextraction.Watermillshave, generally, lowconversionefficiencyandhence improvedwatermillshavebeendeveloped formechanical applicationsaswell aselectricitygeneration.TheschemeoftheMinistryofNewandRenewableEnergyfordevelopmentofwatermillsisbeingoperatedwiththehelpoflocalorganizationssuchasWaterMillsAssociations,cooperativesocieties,registeredNGOs,localbodiesandstatenodalagencies.Underthescheme,subsidyuptoRs.30,000inmechanicalmodeandRs.1lakhinelectrical/electricalplusmechanicalmode.ThestateofUttarakhandhasthedistinctionofalreadysettingupover500suchwatermillsinitsremoteandisolatedareas.

Whileabout3342MWcapacityhasbeeninstalledinthesmallhydropowersector,2025watermills/microhydelprojectswerealsofunctionalattheendofFebruary,2012.ThesmallhydropowersectorisexpectedtogetfurtherboostintheTwelfthPlan.(PIBFeature.)

*******

InputsfromtheMinistryofNewandRenewableEnergy.

HydroVisionIndia2011According to the report, Hydropower Development in India, Indiahas an assessed hydropower potential to the tune of 84,000MW at60% load factor. Shockingly,onlyabout20%hasbeendevelopedsofar due to a dearth of issues surrounding environmental concerns,resettlement and rehabilitation issues, land acquisition, regulatoryissues,approvalprocedures,andevacuationproblemsinadditiontointerstatelegalissues.HydroVisionIndia2011,inconjunctionwithPOWERGENIndia&CentralAsiaandRenewableEnergyWorldIndia,bringstogetherthewidestaudienceofindustryprofessionalsintheregion.The2011exhibitionwillbeheldatPragatiMaidan,NewDelhi,IndiafromMay57.ExhibitingatHydroVisionIndia2011presentsanunrivalledopportunityforcompaniestoestablishorfurthertheirbusinessinterestsinoneoftheworldsmostdynamicpowermarkets.Fordetailspleasecheck:http://www.hydropowerindia.com


13

IndianCulturalCentre,ParamariboINDIANCULTURALCENTRE,

PARAMARIBOCALENDARFORAPRIL2012GLIMPSESOFRAJASTHAN&WEST

BENGALAFolkDanceProgrammewithTourist

Information&DistributionofHindiCertificates)

Thursday5thApril2012(1900to2030hrs.)

Venue:YogaHall,ICC,ParamariboLECTUREONSELFMANAGEMENT

SKILLS(ForallYogastudents)

Wednesday11thApril2012(1700to1830hrs.)

Venue:YogaHall,ICC,ParamariboBAISAKHICELEBRATION

(MusicalCulturalEveningbyICCstudents&localartists)Friday13thApril2012(1900to2030hrs.)

Venue:YogaHall,ICC,ParamariboINDIANCOOKERYCLASSWednesday18thApril2012

(1700to1815hrs.)Venue:ICC,Paramaribo

TALKONARANYAKANDRAMAYANAFriday20thApril2012(1700to1830hrs.)

Venue:HindiClass,ICC,ParamariboLECTURECUMSESSIONON

MENOPAUSE(ForallLadiesYogastudents)

Friday20thApril2012(1700to1830hrs.)

Venue:YogaHall,ICC,ParamariboHINDIWORKSHOP

Sunday22ndApril2012(1000to1200hrs.)

Venue:SitaramMandir,SaramaccaCELEBRATIONOFINTERNATIONAL

DANCEDAYSunday29thApril2012(1900to2100hrs.)

Venue:SanaBhudaya/CongressHall/CCS/ICC,Paramaribo

Fordetailscontact;IndianCulturalCentre

21Mevr.SchneidersHowardstraat,PARAMARIBO

Tel:499538,491800Email:[email protected]

YOGAWORKSHOPATST.LUCIA

ICC Yoga Teacher, Ms. Suchint Kaur Sodhiconducted seven Workshops at localSchools/InstitutesatSt.Lucia from25February2012. TheyogasessionswereheldatSt. JosephsConvent, American International MedicalUniversity,SpartanUniversityforHealthSciencesandSt.MarysCollegeetc.

VIDEORECORDINGFORPYARESURINAME

Mrs.MadhumitaBose,VocalTeacher,ICCcomposedapatrioticSurinameIndianmusicsong,whichwasrecordedbylocalSKYTVChannelsattheICCYoga

Hall on Saturday, 11th February 2012. ICC vocalmusicstudentsandteachersdidtherecording.Theproductioninvolvedaudiorecordingandmixingofsongs in a studio and then video shooting tookplaceinYogaHallofICC.TheSKYTVcoveredalltheperformances. The purpose of such programme isto promote the activities of Indian Cultural Centrebefore all ethnic communities of Suriname. Inaddition, ICC also provides a stage for a multicultural integration of various ethnic cultures ofSurinamewhilepromotingtheIndianCulture.WORKSHOPFORFACIALMAKEUP

Indian Cultural Centre, Embassy of India,Paramaribo organized a special workshop /demonstrationprogrammeforwomenfacialMakeUponWednesday15thFebruary2012.EverythirdWednesday of the month ICC organizes a specialprogrammefor ladiesviz.,cookeryclassesetc.Theworkshop was conducted by Mrs. MillySoerohardjo, a local beautician, in which shedemonstrated the facial make up for day & night,general & party/ and for special occasions. Mrs.

VASANTUTSAVVasant Utsav was celebrated at Indian CulturalCentreon10thFebruary2012.Theprogrammestarted with the powerpoint presentation of

Vasant followed by the Ganesh Vandana aKathak dance presentation by ICC Kathakstudents.HindistudentsofICCrecitedtheHindipoems relating to Vasant. On this occasion ICC,Hindi teacher, Dr. S.K. Jha gave an informativeshort speech about its cultural, social,mythologicalandhistoricalrelevance.ICC,VocalTeacher, Mrs. Madhumita Bose presented abeautiful ghazal, which was a very old andfamous ghazal of Malika Pukharaj, Pakistanighazal singer (Lo phir basant aayi), it wasappreciatedbytheaudience.

MEDITATIONCOURSE&PATANJALI

YOGASUTRASMeditationcoursewasconductedbyMs.SuchintKaurSodhi,YogaTeacher,ICCatIndianCulturalCentre,Paramaribofrom1317February2012

for the period of 5 days in morning & eveningsessions.Ninetyfiveseniorstudentstookpartinthis session. During this course, people weregiven theunderstandingofpatanjli yoga sutras.The purpose of this programme was how onecan progressively sit silent for longer time andwhichcreatesaninternaldisciplineofbodyandmind. The course focused on: Patanjli yogasutras; what is yoga? Different thought wavesandhowonecancontrolthoughtwaves?Sothatwecanbecomemorestableandcalm.


14

DeeptiBhalla,wifeofDirector,ICC,alsopresentedagift as token of love toMrs.Milly Soerohardjo forherextraordinarysupportforICC.

SURYAKANTNIRALAJAYANTIThebirthanniversaryofMahakaviSuryakantTripathiNiralawascelebratedattheYogaHall,IndianCulturalCentre,Paramaribo.OnthisoccasionICC,HindiTeacher,Dr.S.K.Jha,described

variousaspectsofNiralaslifeandliteratureandhisgreatcontributionforHindilanguage.TheprogrammewaspresidedoverbyDirector,ICCShriSunilBhalla.Duringtheprogramme,ICCvocalmusicstudentssangVandanaVeenaVadiniVaradewrittenbyNiralaMr.SurinderPherai,aSr.VocalstudentandMr.ShailendraMadarie,TablateacherontablealsopresentedasemiclassicalVocalHindustaniitem.

PRIZEDISTRIBUTIONFOR2ND&3RDPOSITIONOFHINDI

COMPETITIONInconnectionwithWorldHindiDay2012celebrations,afunctionwasorganizedbyIndianCultural Centre and Embassy of India,Paramariboon17thFebruary2012atYogaHall,ICC to distribute certificates and prizes. Theprizes for the second/third winners of various

Hindi competitions were distributed by H,.E.AmbassadorofIndia,ShriKanwaljitSinghSodhi.Onthisoccasion,HindistudentspresentedHindiprogrammes like Hindi poetry recitation,presentationofHindiNibandh(Essay),Hindiskitetc. The Ramayana students of ICC recited theRamayana Chaupai, which was appreciated bytheaudience.TALKONARANYAKANDRAMAYANAAtalkonAranyaKandRamayanawasdeliveredby Dr. S.K.Jha, HindiTeacher ICConFridays24February,9&23 March.Theprogrammewhichincludedrecitation ofHanumanChalisa,Chaupaiyans, Ram Bhajans and Dohas, shortstories on moral values, etc. During theprogramme the topic of RamBharat Milan atChitrakoot which is the best example ofbrotherhood in Indian culture was explained.PoeticpronunciationsofShlokas(mantra)werealsotaughttothestudents.

LECTUREONHEALTHINFORMATIONA lecturewas conductedby ICCYoga teacher,Ms.SuchintKaurSodh,onWednesday29thFebruary2012atYogaHall,ICC.ThepurposeofthislecturewastomakepeopleawareabouthealthorganizationinIndia,wherethedifferentkindofcoursesandtreatmentsareavailablesothatpeoplecanvisitIndiato experience the benefits. The information about the universities, health course, naturopathy andAyurvedacentresanddifferentYogacourseinthedifferentplacewasalsogiven.


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HOLICHAUTALMILANIndian Cultural Centre Embassy of India,Paramaribo participated inHoli ChautalMilan,whichwas locally organized byOrganisation

HinduMedia(OHM)andSurinameCulturalUnion(CUS)on4thMarch2012atMataGauri,Kwattaweg.Thisisanannualevent,wherevariousSurinameseChautalgroupsparticipateandHollandChautalgroupplay theirsongsas an attempt to mark the on set of Holi/PhagwaFestival. During this event, Embassy of India, IndianCultural Centre displayed Painting Exhibition ofGurudevRabindranathTagore,andfewbooksrelatedtoIndian Culture at ICC stall and gaveinformationregarding the activities of Indian CulturalCentre. Twelve hundred strong audiences visited andsawdifferentstallsduringtheday

PHAGWA/HOLICELEBRATIONS

Embassy of India and IndianCultural Centre, Paramaribo celebratedPhagwa/Holi Festival at Embassy residence onThursday8thMarch, 2012between10.00to13.00hrs.H.E.AmbassadorofIndia,ShriKJSSodhiandMadamMrs.Sodhi,welcomedallthediplomats/dignitaries/guestsviz.MadamKittyAmeerali,wife of theHonbleVicePresident of theRepublic of Suriname,Minister ofHomeAffairs forRepublic of Suriname,Mr.SoewartoMoestadja,MemberofParliament,PresidentVHP,Mr.Santokhi,H.E.Mr.JohnNay,AmbassadorofU.S.A.andspouse,H.E.JulioS.Ferreiro,Ambassador of Cuba and spouse, Counsellor, Embassy of China, Mr. Chen Xufeng, Embassy of the Republic of Indonesia, Mr. MargobnoMartowiyono,SecondSecretary,FormerAmbassadortoSuriname,Mr.KNanduandBhajnathandtheirspouses,FormerAgricultureMinister,Mr.RaghubairsinghwereamongthedistinguishedguestswhoparticipatedinthefunctionandplayedHoli.ICCdance&musicstudentsalsopresentedaculturalprogramme,whichwasappreciatedbyallthediplomatsandIndiancommunity.Lunchwasalsoservedtoalltheinvitees.SKYTVcoveredtheeventandtelecastedinWaakhondprogramme.

Scenes from Holi Celebrations

Music & Dance presentation by ICC students & local artists

BRIEFING ABOUT THE YOGA TOPICS &

PRACTICES As part of Annual Assessment Programme for Yoga students, the students attending Yoga classes since July 2010 were assigned different topics - sixteen topics - each topic will be written by three students together and 55 practices will be written by each student, which they will submit by 30th April 2012.

HINDIKATHAKAHANI

A story telling programme (Hindi Katha Kahani) was conducted in Hindiclass room, IndianCultural Centre onFriday16thMarch2012 topromotetheartofstorytellingamongthestudents.Different levelofHindistudentstold their stories indifferentways. Special attentionwasgiven todialoguedelivery according to punctuation, emotion that is needed for expressions.Ten students told their stories. Participants were Miss. Shirani, MissSheragini,Miss.Krishika,MissKrishana,MissPrabha,Ms.Asha,Mr.Sanjeev,Mr.TedjoeJagdish,Mr.Suresh&Mr.Manorath.


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INDIANCOOKERYCLASS(AvarietyofIndianPrantha)AdemonstrationofvarietyofIndianPranthaswaspresentedatthemonthly cookery class organized at the Indian Cultural Centre.Around 40 local women attended the class and appreciated thepreparation. Mrs.ManjeetSodhi,wifeofH.E.AmbassadorofIndia,presidedoverthespecialclass.MrsWasimZaidiexplainedtherecipeandmethodofpreparationandafterthat,hotparanthaswereservedtoalltheinvitees.

INTERNATIONALFOODFAIRATIAS

The International Food Fair was organized at International Academy ofSuriname on Saturday 24thMarch 2012. On this occasion Indian CulturalCentre, Embassy of India and local Indian parents of IAS school displayedone food stall to represent Indian food and culture. A few Indian booksrelatingtoIndiantourismweredistributed.MainattractionofthestallwastheIndianfoodwhichwasdistributedfreeofcost.The Kathak students of ICC also presented the Shiv Stuti with Kathaktechniques;undertheguidanceofMs.ICC,Kathakdanceteacher,NamrtaRai

andpercussionICCtablestudentsalsopresentedoneitem.SPECIAL

LECTURE CUM SESSION ON

YOGA ICC Yoga teacher,Ms. Suchint KaurSodhi conducted aspeciallecturecumsession on Yoga atICC for a fitnessgroup to makethemawareofhowYoga canhelp in fitness. Participants showedtheirinteresttocontinueinregularICCYogaclasses.

LECTUREONYOGAASTHERAPYA Lecturewas given on therapy aspect of Yoga by ICC Yoga teacher,Ms.SuchintKaurSodhiatYogaHall,ICC.Inthelecture,MsSodhiexplainedhowYogapracticesarehelpfulindifferentailments,likebackache,hypertension,arthritis,diabetesetc.Italsomadethemawareofkindofotherprecautionsthatwillhelpthemtopreventthemselvesfromproblems:


17

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TRADEENQUIRIESListofCommercialInquiriesReceivedfromIndia,inJanuary2012

NameoftheCompany Product

1.

VipalBhavsarPrachiExports25GopinathNagar;JagarpurGamRoadChandlodiaAhmedabad382481;GujaratTel:+917965100001Mob:+919712966001Email:[email protected]

GumPowderandRawCotton

2. UdayTalashilkarSecretaryMalwaniSantraMob:+919987568971Email:[email protected]/[email protected]

FreshFruits,Sweets,ManmadeArticlesandsupplyofManpower

3. VipulBhavsarPrachiExports25GopinathNagar;JagatpurGamRoad,Chandlodia;Ahmedabad382481;GujaratTel:+917965100001Mob:+919712966001Email:[email protected]:Vipul_bhavsar1202

GuarGum UsedinFoodIndustry,PharmaceuticalIndustry,CosmeticIndustry,IndustrialPaperIndustry,TextileIndustry,OilFieldIndustryandMetallurgicalandMiningIndustry

4. SumeetaPurchaseDepartmentMedichiBioCareTel:+918690454447Email:[email protected]

PharmaceuticalFormulations

5. AhmedaPharmaAhmedabad205,KirtimanComplex,Opp.KadvapatidarHostel,Off.C.G.Road,Navrangpura,Ahmedabad380009.Email:[email protected]

PharmaceuticalFormulation&SurgicalDisposables

6. AdityaChandraAgarwalDirectorAdityaOverseas6,MahendraEnclave,WazirPuraRoad(BehindJudgeCompound),Agra,Mob.:+919837777633Telefax:+915622852290Email:[email protected]:http://www.zariboxes.com

ZariHandicraft/JewelryBoxes/HandicraftBoxes

7. ChhaviGuptaFDIExportPlotNo.37,BeantColony,ChandigarhRoad,LudhianaPunjabTel:+911612680067/2680068/5097649Telefax:+911615097649Mob:+919855630370Email:[email protected]/[email protected]/[email protected]/[email protected]:www.fdiexport.com

Spanners&HandTools

8. VidhyaVKSFarmsPvtLtdFormerlyVKSExportsPvtLtdNo.8,34thStreet,AshokNagar,Chennai600083Tel:+914423713311,24719495Fax:+914423711331Mobile:+919840990676

Foodproductslike:TableEggs(FreshchickenEggs)ArbracersHatchingEggsFrozenBonelessBuffaloMeatFrozenWholegrillerChickenEdibleSalt


21

skype:vidhyavkswww.vksfarms.in

9. RaintechInternationalA77/1IndustrialAreaWazirpur,NewDelhi110052Tel:+911127372917,42474409Mob:+919818249419Skype:sanjay3384Email:[email protected]:www.raintechgroup.com

StainlessSteelKitchenware&StainlessSteelPetware

10. ORGEngitechPvtLtd.503,HarekrishnaComplex,Ellisbridge,AshramRoad,Ahmedabad380006Telefax:+917930004425/22890001Mob:+919374160151Email:[email protected]:www.orgengitech.com

WaterPurifyingSystems

11. AshokKalraNewJullundurSports428R,ModelTown;JalandharTel:+911812442088Mob:+919888513772Email:[email protected]:www.newjullundursports.com

SportsGoods

12. YogeshDubeyVicePresidentRakeshSandalIndustries25,AzadNagar,Kanpur02(U.P.)Tel:+915122563930to34Fax:+91512256393536Email:[email protected]:www.rakeshin.com/www.cyprioloil.com

NaturalEssentialOils,SpiceOils,HerbalExtracts,VegetableOils,AromatherapyOils&TraditionalIndianAttars/Perfumesetc.

13. Mohd.AzimKhanAzraInternationalPlotno.50A,LaneNo.4,BehindGeejgarhVihar,22Godown,Jaipur302006,RajasthanMob:+919887700722/9694591640Email:[email protected]/[email protected]/[email protected]:www.indianhandicraftsstore.in

Handicrafts,GiftItems&Accessories

14. AjayGupta.EverestPaperProductsMfg.Co.Pvt.Ltd.2,PrajapatiGaurav,Sector2,PlotNo:3,StationRoad,Kharghar,NaviMumbai410210.INDIA.Tel.:+91.22.27744567Fax:+91.22.27741123Mobile:+91.9820736886Email:[email protected]:www.paperfine.com

School&OfficeStationeryProductsPaperfine

15. SagarShaikEmail:[email protected]

Granite16. Vipul

MananEnterprises21Ashirvad2;PrahaladNagarAudaGarden,Ahmedabad380015Tel:+917965415478Mob:00919712966001Email:[email protected]

FullyPressedCottonBalesandAgriculturalProducts

17. RizwanAhmedAlliesOverseasEmail:[email protected]:www.granitemanufacture.com

Granite,Sandstone,Limestones,Slates,KerbStone,CobbleStone,CultureStone,etc.


22

18. SahilJhalani

CibaMasalaUdyogOldIndustrialArea,ItaranaRoad,AlwarMob:+919460654343/9269317179Email:[email protected]/[email protected]/[email protected]

WholeandGroundSpices

19. VishnuG.Dev,SectorNo:9/C54/203,Shantinagar,MiraRoad(East),Thane401107Tel:08976185171Tel:[email protected]

FoodProcessingIndustriesaswellasLubricantOilIndustries

20. MinhajAliSr.ManagerExportsGoldenTobaccoLimitedMumbaiMob:+919324258123Email:[email protected]:www.goldentobacco.in

Cigarettes, FlavoredCigars,Cigarillos&SmokingMixtures(RYO)

21 SumitSharmaSalesEngineerThreeSixtyPowerProductsPrivateLimited418,TimeTower,4thFloor,Sector28MGRoad,Gurgaon120002,HaryanaTel:+911244280750/51/52Fax:+911244280753Mob:+919958789446Email:[email protected]:www.threesixtypower.com

Inverter,UPS,Batteries,SolarChargeController,WindTurbines,SolarStreetLight,SolarWaterHeaterandPVModules

Page18


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BHARATDARSHANOdissa

IntheeasterncoastofIndia,istheninth largeststate,Orissa,which isnowknownasOdisha.It ishere,ontheWheelerIsland,offthecoastofOrissathatIndialaunchedAgniVonThursday.Centuriesago,OrissawasknownasKalinga.KingAshokainvadeditinthe3rdcenturyBC,leadingtothefamousBattleofKalinga,wherehehadalifechangingexperience.The state has some historic architectural sites, including the famous SunTemple inKonark.Orissa hasAsias largestbrackishwaterlake,Chilika.TheHirakuddaminthestateisthelongesteartherndamintheworld.

EmbassyofIndiaAddress:Dr.SophieRedmondstraatNo.221,PostBoxNo.1329,Paramaribo,Suriname

Tel:(0597)498344/531448/531449(General)Telefax:(0597)491106/499382

Email:[email protected];[email protected];[email protected]:

TheEmbassyisopenfrom0800hourstill1630hoursfromMondaytoFriday(exceptonholidays)andisclosedonSaturdayandSunday.TheConsular&VisaSectionoftheEmbassyisopenfrom09001200hoursfromMondayFridayandisclosedonSaturdayandSunday

India e-Newsletter April 2012

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Transcript of India e-Newsletter April 2012