VIS News Service

Trade Commissioner & Consul Commercial ofAustralian Government, Mr. Michael

Carter sees a major potential for Joint Venturesbetween Indian and Australian companies inmany fields of business to be based in Vizag, India.

Mr. Carter who is based in Chennai and is incharge for all the South Indian states was in Vizagrecently.

He feels the new air connection betweenVizag and Australia to be operational by 28thOctober will throw open many more businessopportunities between India and Australia.

”I am very impressed with the huge potentialthat exists here and I am very sure manyAustralian companies will be willing to set up shophere and offer the latest technologies or to set upJoint ventures in mutual business interest”.

He says Australia also invites investment fromIndia in infrastructure, professional sector, highereducation, engineering industries, information andcommunication technologies, banking, energy etcetc.

Mr. Carter who talked exclusively to VizagIndustrial Scan highlighted a few potential areasof fishing, fish processing, agri products, foodprocessing industries, coal and iron ore mining inIndia with world class Australian technologies andequipment.Fishing & fish processing

According to Mr Carter the present systemof fishing adopted by the fishermen is veryprimitive and the fish caught looses the freshness

Huge scope for JVs withAustralia: Michael CarterHuge scope for JVs withAustralia: Michael Carter

VIS News Service

The Executive Director,HPCL, Visakh Refiner, Mr.

PAB Raju, is superannuating onOctober 31, 2012, after more than36 years of service in theCorporation. Mr. Raju joined theCompany in 1976 and heldvarious positions over the years.He was the Executive Directorof the Visakh Refinery since2007.

Various projects have beensuccessfully completed in his

PAB Raju of HPCL Visakh Refinery retirestenure. Some of them are VisakhRefinery Clean Fuels Projectfor the production of Euro III / IVPetrol costing 2200 crores, SinglePoint Mooring (SPM) forhandling Very Large CrudeCarriers at a cost of Rs. 643 crores,Mounded LPG storage Tanks (5for LPG & 2 for Propylene) at acost of 126 crores and Fccu IIRevamp at a cost of 314 crores. The Diesel Hydro Treater for theproduction of Euro IV Diesel isnearing completion at a cost of2730 crores.

M r. VVR Narasimham (51)will be taking over charge as

General Manager - In-charge of HPCL- Visakh Refinery from November 01,2012, following the superannuation ofMr. PAB Raju.

A graduate in Chemical Engineering,Mr. Narasimham joined HPCL in 1983has a long experience in Operations andTechnical functions and has goodknowledge of Environmental andSafety Management in theRefinery. He worked in threeRefineries - HPCL Visakh, HPCL Mumbai and KNPC, Kuwait.

VVVR Narasimham is GM in-chargeof HPCL Visakh Refinery

by the time it lands at the fishing harbour due topoor or no refrigeration on the boats, hence inorder to get a better price realisation for theseafood/fish in domestic market or export toInternational markets, he suggested import of anAustralian mother vessel which should beanchored at an appropriate place in sea to enable

Photo By P. RavindranathMr. Michael Carter

VIS News Service

Andhra Pradesh IndustrialI n f r a s t r u c t u r e

Corporation (APIIC) hasreceived the permission fromGovernment of India to denotify2300 acres out of 5500 acresnotified area reserved for AndhraPradesh Special Economic Zone(APSEZ) in Vizag .

The APIIC sought thedenotification of SEZ lands inorder to meet the growing demandfor lands for industries in theDomestic Tariff Area (DTA).

Offers 50,000 Sq. ft built-up area for offices, banks, food courtsDue to structural changes in

SEZ policy by the Governmentof India, there has been aconsiderable drop in demand forindustrial lands in the SEZ area.

APIIC Visakhapatnam hasbuilt a huge complex of 50,000sq. ft. in Atchutapuram to housethe commercial offices, labs,pollution control offices, banks,ATMs etc. The State Bank ofHyderabad (SBH) has alreadyopened its branch on 2500 sft.area in the complex.

APIIC aims to provide ready-to-occupy commercial space for

offices for the convenience ofthe entrepreneurs / Industries /Unit holders. There is also aprovision to set up food courts/restaurants to facilitate theconvenience of local units andthe workers. APIIC is in theprocess of calling for tenders forleasing food courts andrestaurants. APIIC has alsocalled for tenders for laying ofmarine outfall pipeline from theAPSEZ and is hopeful ofcompleting the work within 6 to9 months from the date ofawarding the contract.

APIIC denotifies 2300 acres

Industrial ScanJ/VM/RNP/127/2012-2014 Regd. to postat concessional rate at RMS Vizag

VISAKHAPATNAM

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October 16-31, 2012

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RNI Certificate No.69375/98Postal Registered No.VSP-127/2012-14

Is something wrongin MDL?

A. K. Sabharwal

Fact: Public sector shipyard, including Hindustan ShipyardLimited Visakhapatnam, has been struggling to stay afloatas government orders for ships and other vessels have

dried up.Fact: Public sector shipyards have been on life-support for

years, living off government handouts, which come in fits andstarts and with great reluctance.

Fact: State-owned shipyards are in dire straits even thoughthey have a trained workforce and the engineering expertise toturn out world-class seagoing vessels

But these facts appear to have been ignored by the MazagonDock Ltd, a Government of India undertaking while going fullsteam ahead with its policy to hand over plum shipbuildingcontracts to private shipyards, through joint ventures, at the costof the public sector. This policy has become a cause of seriousconcern among political parties, with CPM general secretaryand MP, Mr. Sitaram Yechuri raising an alarm. Mr. Yechuritold Industrial Scan: “The Communist Party of India(Marxist) has brought the deal under its scanner, pointing outthe large grey areas that reek of another scandal in the making”.

The major cause of worry is the way in which MazagonDock Limited, a government-owned shipyard controlled bythe Defence Ministry, has gone about finalising its JVs, whichare so skewed in favor of the private sector that it is a scandalin itself , say the MDL workers.. MDL says it has orders worthRs 1 trillion, so they need joint venture partners to execute andcomplete the works on time. The immediate question relates tothe alacrity with which MDL is executing the purported orders.Why does MDL need joint venture partners? Why did MDL notgo for open tenders to ensure transparency and competitiveness?

Industrial Scan believes there is no logic to go for jointventures when abundant capacity is available in the industry andthe entire deal of entering into joint venture smacks of favouritism,according to MDL workers. Some workers are also claimingthat MDL management is misleading the Defence Ministryinto believing that joint ventures with the favored private sectorplayers is the only option for going forward.

Industrial Scan strongly recommends that MDL should notenter into joint ventures with selected companies until it hasexhausted the idle facilities in public sector yards. Indeed, MDLshould invite all the other shipyards in India to participate intenders and share its plans with them so that the other shipyardsget a chance to improve and upgrade their facilities and competeon equal footing and offer the competitive prices. This will bringin transparency and cost competitiveness at MDL.

We have raised questions about the process involved indealing with the MDL’s joint ventures, with the top managementof MDL. Unfortunately, so far, the answers that we havereceived are an exercise in obfuscation and diversion, with MDLmanagement claiming that the need for JVs were approved byearlier leadership teams and the Defence Ministry.

Thus, the way MDL has been functioning vis-à-vis the privatesector JVs, is not a shining example of fairness and transparency.

Update2 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

VIS News Service

The maiden A 320Airbus SilkAir direct

international flight fromSingapore toVisakhapatnam arrived toa traditional water cannonwelcome as it landed atthe Vizag Airport onOctober 28.

Customers on the firstflight were presented

special souvenirs to markthe occasion. Souvenirswere also presented topassengers on the firstflight fromVisakhapatnam toSingapore.

“The launch of the SilkAir flight marks a newbeginning in the history ofVisakhapatnam. It willspur the growth of tourismand industry in the region,”said Government WhipMr. DronamrajuSrinivas at a functionorganised to mark theoccasion. The outgoingflight was fully booked,including all the 138economy and 12 businessclass seats. Flight No MI448 took off fromSingapore Changi Airportat 3.25 p.m. (Singaporelocal time) and arrived inVizag at 5.10 p.m. (IST).The return flight MI 447took off at 10.55 p.m.(IST) and reachedSingapore (October 29).Silk Air flight will operatethree times a week on

The Principal Secretary (Infrastructure and Investments), Mr. Sunil Sharma, IAS (8th from left), and the ChiefExecutive of SilkAir Mr. Leslie Thng seen with other dignitaries at the launch of Vizag-Singapore flight.

Wednesdays, Fridays andSundays. MI 448 will leaveSingapore at 8.25 p.m.(Singapore local time) andreach Vizag at 10.05 p.m.In the return direction, MI447 will leave Vizag at 10:55p.m.. Principal Secretary(Infrastructure andInvestments), Mr. SunilSharma IAS, hoped thatthe direct flight toSingapore would promote

tourism and spurindustrial growthof theVisakhapatnamregion. Thep i c t u r e s q u eb e a c h e s ,Buddhist heritage

sites and the scenic beautyof Araku are sure to drawthe tourists, he felt.TheChief Executive of SilkAir,Mr. Leslie Thng, said thedirect flight to Singaporeoffers excellentconnectivity to onwarddestinations around theglobe.

Novotel, SilkAir launchSingapore food festival

N ovotel Visakhapatnam Varun Beach incollaboration with SilkAir launched Singapore Food

Festival on October 26, in Vizag as a precursor to theinaugural flight from Vizag to Singapore at The Squarerestaurant of the hotel during dinner service fromOctober 27.Announcing tis recently, the hotel’s GeneralManager, Mr. Hohammed Shoeb said Chef KishenRamachanran has been specially flown in fromNovotel Clarke Quay in Singapore to celebrate thelaunch of the air link between the two cities (on October28), to make sure the food is authentic.

“Singapore is a very cosmopolitan city and its cuisineis influenced by its multicultural residents. Historicallyit is linked with Malaysian cuisine but over the yearshas embraced Chinese, Indian, Thai and Westerncuisine.” The festival will highlight some of thecountry’s best known dishes such as: Nonya acar, glassnoodles etc. The festival will be on till November 4.

For bookings dial 0891 2822222.

SilkAir begins operations from Vizag

The Minister for Infrastructure Development, Mr. Ganta Srinivasa Rao seen withSIlkAIr official at the inaugural flight celebration bash in Vizag recently.

Navy Chief Admiral Joshi visits ENC

Naval Chief of Staff Admiral D. K. Joshi presenting a memento to Vice AdmiralAnil Chopra during a visit to Eastern Naval Command in Vizag.

The Union Minister for Tribal Welfare, Mr. V. Kishore Chandra Deo who launchedAraku Utsav at the Tribal Museum, recently, inaugurating the stalls put up byGirijan Cooperative Corporation (GCC) to showcase its products andhandicrafts, along with the State Tribal Welfare Minster, Mr. P. Balaraju onOctober 20. The two-day festival was held to attract more tourists to the manybeautiful tourist spots in the region.

VIS News Service

The USA wants toencourage tourists

from India to various partsof America in a big wayin response to NationalExport Initiative ofPresident Barrack

Roadshow to promote tourism in US heldObama, US ConsulGeneral Ms. KatherineDhanani said in Vizagrecently.

She was speaking at aroadshow conducted atDutt Island by the USCommercial Service (partof US Consulate General,

Hyderabad). The USCommercial Service ispartnering with Visit USACommittee – India, a groupof Mumbai-based U.S.travel organisations topromote travel to the US.The companies whichparticipated in the

roadshow were USAGrand Tours, GlobusTours and Choice HotelsInternational.

The US CommercialService opened anAmerican Business Cornerin Visakhapatnam inpartnership with the

Vizagapatam Chamberof Commerce &Industry (VCCI) in May.

Together they connecttier two cities with USexporters and engagemembers of the localchambers of commerce ondoing business with and

investing in the UnitedStates. “Such roadshowsprovide an important linkbetween America’s toptourist spots and India’stravel industryprofessionals.

Inspects alternative site at Rambilli

PortOct 16-31, 2012 VIZAG INDUSTRIAL SCAN 3

The Andhra PradeshPavilion set up at the

expo organised during theIndia Maritime 2012organised by the UnionMinistry of Shipping andFICCI at Goa from 17th to20th October, 2012 drewheavy crowds. The pavilionhad stalls from all the threeprivate ports and alsoinformation about the visionof A.P. State Governmentfor the upcoming PPPprojects in ports sector.A.P. State which hasaround 900 km of coast linehas a lot of potential fordevelopment of privateports and the second majorport.

VIS News Service

DHL Supply Chain willinvest Rs 680 crore

(€100 ) in India to build anddevelop eight multi-clientsites (MCS) across asmany cities and also toupgrade its transportationfleet.

With this investment,DHL Supply Chain will add5 million sq ft of additionalwarehousing space in thecountry. The company

VIS News Service

Adani Ports and SEZLtd reported a 25 per

cent rise in revenues and57 per cent increase inprofit after tax (PAT) in thesecond quarter of 2012-13,ended September 30,compared to thecorresponding quarter lastfiscal.

According to thecompany Chairman, Mr.Gautam Adani, whilerevenues were at Rs 792crore (Rs 632 crore), PATstood at Rs 430 crore (Rs273 crore).

The company handled20.43 million tonnes of

VIS News Service

The annual awardsfunction of the

Eastern Fleet, FleetEvening- 2012commemorating theaccomplishments of thefleet over the past yearwas held at Fleet SportsGround in Vizag recently.

Flag OfficerCommanding-in-Chief ofthe Eastern NavalCommand Vice-AdmiralAnil Chopra was thechief guest at the event,popularly called asFLING.

The event hosted byRear Admiral AjitKumar P, Flag Officer

Adani Ports Q2 netprofit up by 57%

cargo in Q2, up by 15 percent. Adani Portscontinued to be the secondlargest commercial port inIndia both in terms of totalcargo and containers, Thecargo handled at all otherports have shown de-growth of 3 per cent, headded.

The other operationalports in Dahej (Gujarat) andAbbot Point (Australia) areperforming well and portsat Hazira and containerterminal in Mundra arecompleted. The upcomingprojects at Goa,Visakhapatnam and TunaTekra (Kandla) are also oncourse, Mr. Gautam said.

INS Rajvijay bags bestship trophy

Commanding Eastern Fleet,was the culmination of ayear of determined andrelentless pursuit ofexcellence by ships of theEastern Fleet of the IndianNavy.

The Best Ship trophy wasawarded to INS Rajvijaywhile INS Shakti wasadjudged “the most spiritedship” while INS Gharialwas “the Best AmphibiousShip.”

The Eastern Fleet, theSword Arm of the ENC hasbeen at the forefront of theall operations on the Easternseaboard involved in intenseactivity spanning the entirespectrum of maritimeoperations.

DHL Supply Chain to investRs 680 cr in India

already has about 4 millionsq ft of warehousing space.

The new MCS facilitieswill be located in Mumbai,Gurgaon, Delhi (NCR),Bangalore, Nagpur,Chennai, Kolkata andAhmedabad.

“DHL is stronglycommitted to investing inmarkets of growingimportance. Looking to2015 and beyond, India,China and other emergingmarkets are expected to be

the key drivers of growth,”the Chief Executive Officer– Asia Pacific, Mr. PaulGraham, said.

Mr. Vikas Anand, COO,DHL Supply Chain (India),said, “The new MCS will beshared by different customerswho have different reportingcycles and different needs atdifferent times. We arehopeful that we will be ableto optimise the space andworkforce in the new MCS.”

AP Paviliondraws crowds atmaritime expo

VIS News Service

The Retired Officers of VisakhapatnamPort Trust met on 25.10.2012 at Hotel

Meghalaya convened under thePresidentship of Mr. C Mohan Reddy,Deputy Chief Engineer (Retd), VPT. Themeeting decided to form VPT RetiredOfficers’ Welfare Association as it feltthat there was no common platform torepresent the grievances of the retiredofficers of VPT to the port management.

The retired officers discussed aboutsome errors in the recent Pay Revisionorders of the Officers of All India Ports

VPT retired officers form associationissued by the Ministry of Shipping, due towhich there is a drop in pension to someof the officers.

Mr. V. Rokkam, Dy Chairman (Retd)Hony. President, Dr. G Ramanjaneyulu,Chief Medical Officer (Retd) .. WorkingPresident, Mr. PVR Reddy, PlantManager (Retd) Vice President, Dr. S VBhaskara Rao, Welfare Officer (Retd)Secretary, Mr. Y Prabhakar Rao, DyChief Mechanical Engineer (Retd), JointSecretary, Mr. C. Chandran, Dy ChiefEngineer (Retd), Joint Secretary and Mr.Abdul Sayed, Accounts Officer (Retd),Treasurer.

VIS News Service

The human historyunambiguously shows

that character is higherthan intellect and as suchleveraging of technology forbetter vigilanceadministration has to bereinforced with closerfocus on ethical values ofthe organisation, said theCommissioner of Police,Mr. J. Purnachandra Rao,IPS while inaugurating‘Vigilance AwarenessWeek—2012’ at thecorporate headquarters ofDredging Corporation ofIndia Limited in Vizagrecently.

Stating that one has tobe not only be a goodprofessional but one shouldalso be good at heart, headded that the ethicalvalues have to spread frommicro to macro levels andeach individual plays a keyrole in fostering sound

‘A good professional should be good at heart’values and principles bothat work and home.

Stressing the need forblending character andexcellence in businessmanagement, Mr.Purnachandra Rao saidthat Vigilance AwarenessWeek is a reminder forconstant ethical re-orientation of employees.He called for a pro-activeapproach in strengtheningpositive elements in ahighly complex, socio-economic environment.

Prof. A. PrasannaKumar, former Rector,Andhra University, in hiskey note address referredto the continuousdeterioration of the ethicalvalues in society over theyears. At the time ofIndependence, corruptionwas vehemently criticisedand in the 60s and 70s itbegan to be tolerated.Now, corruption seems tohave gained respect.

GVK through its subsidiary Hancock Coal Infrastructure Pty. Ltd has signed aconstruction contract with leading international construction major, Samsung C&T

Corporation, a subsidiary of the Korean conglomerate Samsung and Australian basedSmithbridge Group Pty. Ltd to build a 60 mtpa T3 Port Terminal Port for the AlphaCoal project at Abbot Point, North Queensland Australia. This is a ‘pit-to-port’ projectbeing built at a cost of USD 10 Billion. The first phase of the project involves a 30mtpa mine, a 500 km railway line and a 60 mtpa port.

The signing ceremony was held in the presence of the Prime Minister ofAustralia, Ms. Julia Gillard MP, Chairman, GVKPIL, Dr GVK Reddy in thepresence of Vice Chairman, GVKPIL representing Hancock Coal Infrastructure, Mr.G. V. Sanjay Reddy. The other signatories included Mr. Hyung Kim, EVP, Head ofCivil Infrastructure Business Unit, Samsung C & T and Albert Smith, MD, SmithbridgeGroup.

For more information contact: Mr. Mohd Ghouse, Ogilvy Public RelationsWorldwide Hyderabad. Ph: 040 - 44344325

VIS News Service

Airlines have startedaccepting cargo at

Container Corporationof India’s (Concor’s)inland container depot(ICD) at Kanpur. All priorcustoms clearances andclaim of duty drawback willnow happen at the ICDfacility itself. Kanpurexports about 500 tonne amonth of air cargo andimports about 115 tonne .

GMR, which operatesthe Delhi Airport, has tiedup with Concor to startbonded trucking service. Atruck will pick-up and dropbonded cargo betweenKanpur and Delhi Airportthree times a week.

The first truck, flaggedoff recently, carried leathergoods from Suri Shoes,Mirza International, andArvind Footwear with aload of 1.6 tonne. These

Concor’s Kanpur hubstarts delivering air cargo

goods were linked toCathay Pacific andEmirates Airlines atDelhi Airport.

The transit timebetween Kanpur and Delhiis expected to be less than12 hours. Moreover, thefacility will reduce multiplehandling of air cargo.

The Director –International, Concor, Mr.Yash Vardhan, said: “Thisis the first time in India thatthe airport, airline, inlandcontainer depots, customsand customers have joinedhands to offer such aunique service at alocation.”

“This will ensure betterprotection and minimaltransit risk of the cargoitems,” said Mr. PradeepPanicker, ChiefCommercial Officer -Aero, Delhi InternationalAirport Ltd.

GVK signs pact for 60 mtpa port

VIS News Service

Holly Offshore Logistics Limited isincorporated in May 2012 pursuant

to conversion of M/s Holly OffshoreLogistics, a partnership firm, under PartIX of the Companies Act, 1956. Thecompany’s Chairman and ManagingDirector, Mr. D. Damodar, a marinetechnocrat, who has more than a decadeof experience in logistics, ship repairs,promoted this company in 2004 as aproprietorship concern. In January 2011,Holly offshore logistics has got itsregistration under the Partnership Act,1932 vide the registration no 13 of 2011.

According to the company’s GeneralManager (Operations), Mr. B.K.

Holly Offshore building dredgers for DCIJoseph, the company aims at establishinga demonstration base for ship buildingindustry. with a dedicated team of highlyskilled work force including certifiedwelders, general fitters, marine engineers,electricians etc.with rich and vastexperience in shipbuilding and ship repairindustry.

In recent past, Holly OffshoreLogistics has emerged as a reputed shipbuilder by associating with Donge deShipyard, The Netherlands. Thecompany is going ahead with theconstruction of dredgers for DredgingCorporation of India. Similarly it isbuilding barges and speedboats in a jointventure with Stru-Fabs,Visakhapatnam.

Maersk’s standaloneforwarding arm

Damco, has been awardedthe Supply ChainSustainability Award at the8th annual SCMLogistics ExcellenceAwards 2012 inSingapore. The companywas awarded forexcellence in showcasingcustomer sustainabilityresults. This is the secondtime Damco has beenawarded by its peers.

“We’d like tocongratulate Damco as theyare recognised for theirefforts in working with theirclients and stakeholders inreducing their carbonfootprint, the conferenceorganiser and generalmanager with Terrapinn,Mr. Eleanor Uy said.

Damco winssustainability award

VIS News Service

The AustralianCustoms and

Border ProtectionService has marked 40years of bilateral co-operation betweenAustralia and China bysigning a new strategicpartnership described asthe most comprehensiveand ambitious ever signedbetween the two customsagencies.

The acting chiefexecutive of the Australianservice, Mr. MichaelPezzullo, and vice ministerof the generaladministration of ChinaCustoms, Mr. Lu Peijun,signed the agreementduring bilateral meetings,reported Perth’s AircargoAsia-Pacific.

Australia,China sign

customs pactUnless one does one’swork with a spirit ofconsciousness of right andwrong, it is difficult toreverse the current dismalscenario. Alluding to theexample of the fall of theRoman empire due tointernal decay, he stressedthe need for looking at theconcept of vigilance in ana l l - e n c o m p a s s i n gperspective covering everyfacet of our personal andsocial life.

The CMD of DCI,Capt. D.K. Mohantyadministered the vigilancepledge to DCI employeesand called for more focuson preventive vigilance andinsulating the organisationfrom the ill effects ofnegligence in basicmanagerial processes.

Earlier, the ChiefVigilance Officer, Mr. S.Vasudeva Rao, welcomedthe gathering. Mr. P.V.Ramana Murthy, Director(Finance) was present.

Business Scan4 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

GreenPark turns sweet 17GreenPark, Vizag has

celebrated its “17th

Annual Staff Day” onOctober 30, 2012 withtraditional pomp andgrandeur usually associatedwith all GreenPark’sfestivities.

According to theGeneral Manager of thehotel, Mr. K.M.Rao, thestaff were presentedawards on the occasion.Mr. B. Ravindra from theF&B Service Department,bagged the highestindividual honour of beingthe “Star Performer of theYear - 2012”

Mr. K.V. Ramana ofthe House KeepingDepartment bagged the“Achiever of the Year –2012”. The F&B Servicedepartment bagged the“Best Department of Year– 2012”.

The Chief Executive Officer of GreenPark Hotels & Resorts Ltd., Mr. B. Gautam(right), presenting the Star Performer of the Year - 2012” award to Mr. B. Ravindrafrom the F&B Service Department.

FAPCCI offers additionalpower for entrepreneursVIS News Service

The Federation ofAndhra Pradesh

Chambers of Commerceand Industry (FAPCCI)is inviting IndustrialConsumers, who are willingto purchase additionalpower to offset the powershortage for their industrialrequirements.

According to theSecretary General ofFAPCCI, Mr. M.V.Rajeshwara Rao,FAPCCI has beeninteracting withAPTRANSCO to getadditional power to tideover the present powershortage. APTRANSCOreceived approval for thepurchase of 2 mmscmd ofRLNG to generate 400

MW power.The cost per unit will be

between Rs. 8.50 toRs.9.50 based on the spotpurchase cost of RLNG. IfKVA is within CMD limitno separate charge forKVA will be levied; onlyKWH units will becharged.

As per the APERCR&C Orders, industriesare allowed to draw powerlimited to 60% of CMD(KVA) and only 40% ofKWH. So industries mayneed additional power by40% of CMD and 60% ofenergy.

The situation is likely todeteriorate in February toMay 2013.

For more infocontact: Ms. Sandhya onmobile no. 8008579630.

local fishermen to deliverthe fresh catch of fish/seafood to the mothervessel itself to prevent delay in processing thecatch.

The local fishermen toocan ask for a better pricefor the catch. Presently bythe time the catch lands atthe harbour its quality deteriorates considerablydue to which the fishermendo not get a better price.

Australian companiescan teach latesttechnologies to catchvarious kinds of fish,shrimps, tuna, lobsters,crabs etc. he adds.

Mr. Carter is veryenthusiastic on jointventures in fishingtechnology and feels theAustralian companies willbe interested in buying back

Huge scope for JVs with Australiathe catch for export.Agri Products &food processing

There is a huge harvestof mangoes, pineapple,cashews and many morefresh fruits in Vizag/Northcoastal Andhra and settingup of a food processingindustry with the Australiancompanies will be a boonto the local farmers as theystand to gain from the latestresearch on agri products,new techniques inharvesting and other latesttechnology and equipmentwith the Australiancompanies.

Even many more newvarieties could beintroduced for harvestinghere and the same mayhave potential for export toother countries, Mr. Cartersays.

TourismHe is very happy that a

large population of Indiantourists visit Australiaevery year and there isannual growth in touristsarrival from India.

Mr. Michael Carter isvery impressed with thebeauty of Vizag and feelsthe port city is an ideal placefor many ocean sportsactivities. He feels Vizag isalso highly suited forsurfing, sea racing

and setting up of a hugeaquarium like the one inSydney Harbour.

“I am mesmerised withthe natural beauty of Vizagwith ocean on one side andhuge mountains adjacent tothe shore,” he says.

The visiting dignitaryfrom Australia says he isvery optimistic of majorAustralian companies

coming forward to set upjoint ventures in tourismrelated projects or to offertechnology to Indiancompanies for suchprojects.Mining

Australia is one of themost successful countriesin mining activities, be itcoal, iron ore or any othermineral.

The country hasachieved the expertise ofmining in an eco-friendlymanner without disturbingthe ecology of the minedarea. Australia can offerfirst class technology formining be it on acommercial basis or a jointventure or even govt togovt basis as AndhraPradesh has huge mines ofiron ore, coal, chrome,manganese etc., he adds.

Contd. from Page 1 Andhra Pradesh ranks fourth in the country in totaloutstanding private sector investment, both domestic

and foreign, as of June 2012, apex industry body Assochamsaid recently.

It accounts for an investment of 8.4 per cent. Gujarat(12.5 per cent), Odisha (10.7 per cent) and Maharashtra(8.9 per cent) are the three States ahead of AndhraPradesh in this regard.

Assocham said that of the total outstanding investmentsof Rs. 12.3 lakh crore in AP, private sector accounts forover Rs. 6.9 lakh crore thereby registering a share ofover 56 per cent in the overall investments.

At the national level, the private sector, with a shareof over Rs. 82.9 lakh crore, accounts for over 59 percent of the total outstanding investments across Indiaworth over Rs. 140 lakh crore as of June 2012, theAssocham said. Private sector investments account fora whopping 86.6 per cent in the total outstandinginvestments worth over Rs. 4.5 lakh crore in Haryanawhich has a share of about 4.8 per cent in the total privatesector investments made across India.

“Flow of the private investments is decided by theattractiveness of investment opportunities as they aremostly driven by profitability considerations,” said Mr.Ravindra Sannareddy, chairperson of AssochamSouthern Region Council. “Bureaucratic efficiency,infrastructure facilities, and ease of land acquisitioninfluence the flow of private investments,” said Mr.Sannareddy. “Tax concessions, product market conditionsand exit policies are effective tools of private investmentattraction.”

AP 4th in attracting pvtsector investments

List of exports from Vizag PortSl.No Article Description

Port ofdischarge

F.O.B.Quantity

1 FROZEN RAW HLSO EZ PEEL VANNAMEI WHITE IQF SHRIMPS,POUCH PACK, 35000 6542443.45 Newark Apt/New York2 INDIAN ORIGIN FARM RAISED IQF RAW PD TAIL ON WHITE SHRIMP BRAND:HB TRUST GR:16/20 1000 CTN 10000 2419737.26 Elizabeth3 FROZEN HLSO BLACK TIGER GRADE-I SHRIMPSORIGOLDBRAND;WE CLAIM UNDER CH.3/FTP.,GR. 21/25 - 325 CTNS 3510 1424391.84 cat Lai4 INDIAN ORIGIN FARM RAISED IQF RAW HEADLESS EASY PEEL WHITE SHRIMP BRAND 2500 452038.79 Elizabeth5 INDIAN ORIGIN FARM RAISED IQF RAW PD TAIL OFF BLACK TIGER SHRIMP BRAND 5000 1169982.62 Elizabeth6 FROZEN HLSO BLACK TIGER GRADE-I SHRIMPSORIGOLDBRAND;WE CLAIM UNDER CH.3/FTP.,GR. 31/40 - 285 CTNS 3078 1100184.91 cat Lai7 FROZEN HLSO BLACK TIGER GRADE-I SHRIMPSORIGOLDBRAND;WE CLAIM UNDER CH.3/FTP.,GR. 26/30 - 340 CTNS 3672 1391448.67 cat Lai8 INDIAN ORIGIN FARM RAISED IQF RAW HEADLESS EASY PEEL WHITE SHRIMP BRAND:HB TRUST GR:26/30 250 CTN 2500 425448.36 Elizabeth9 INDIAN YELLOW MAIZE 300 4930410 Dalian10 INDIAN YELLOW MAIZE 300 4450140 Cigading11 INDIAN YELLOW MAIZE (INBULK) 2200 34457720 Cai Lan12 WHITE RICE (PACKED IN NEW SINGLE POLYPROPYLENE BAGS OF 50KGS NET EACH) 250 5524750 Manila South Harbour13 75.00 MTS OF OKI BRAND INDIAN RAW RICE 5% BROKEN SILKY POLISHED PACKED IN 3000 BAGS AT 25 KG NET PP BAG 75000 1870719.3 Mombasa14 INDIAN UNMANUFACTURED TOBACO YELESWARAMBURLEY-REDRIED THRESHED LAMINA CROP 2011 GRADE :YBM 1 71280 11836044 Antwerpen15 SILLIMANITE 1 MT BULK JUMBO BAGS TOTAL 560 JUMBO BAGS 560 7516530 Qingdao16 ROUGH GRANITE BLOCKS BAHAMA BLUE 47.276 1700872.29 Hualien17 ROUGH GRANITE BLOCKS 28.798 1198315.75 Patport(Thailand)18 ILMENITE 50 % 10500 177548962.5 Qingdao19 BASIC CHROMIUM SULPHATE AGT. ADV. LIC. NO. : 0910051656 20 1041460.11 New York20 BAISC CHROMIUM SULPHATE AGT. ADV. LIC.NO. : 0910051656 20 1083911.75 Dar Es Salaam21 DRY MAGNESITE MORTAR WITH DRY CHEMICAL 11 313051.34 Alexandra(Egypt)22 HIGH IMPACT POLYSTYRENE GRADE: LGH 306 19 1812989.25 Chittagong23 POLISHED ORISSA BROWN GRANITES 18MM THICK (SHIPPER OWN CONTAINERS) 2923 475550.18 Kabul24 HIGH ALUMINA BRICKS/SHAPES(PURGING PLUGSET (PURGICONE HA4 & PREFAB HA4) 96 2929929.77 Bandar Khomeini25 SILICA BRICKS/SHAPES FOR COKE OVEN BRANDSPEC.ZS44(OCL BRAND -OCL SLC EN) 37.551 4387500 Tomakomai26 HIGH FIRED MAGNESITE CHROME BRICKS 7.08 214847.39 Alexandra(Egypt)27 ALUMINA CARBON CONTINOUS CASTING REFRACTORIES AND/OR MORTARS(MONOBLOCK STOPPER(M-07E15) 360 2088072.04 Bandar Khomeini

Banking / InsuranceOct 16-31, 2012 VIZAG INDUSTRIAL SCAN 5

VIS News Service

S tate Bank of India(SBI) has conducted

‘Festive Home LoanCampaign’ at CMRCentral in Vizag on 20thand 21st October, 2012from 12.00 noon to 8.00pm.According to Mr. PhaniKumar, Team leader,home loan sales team,

SBI, Visakhapatnam, aspart of the campaign thebank offered home loans,home loan takeover loansat the lowest interest of10% for loans up toRs.30.00 lakh and at10.15% for loans aboveRs.30.00 lakh and up toRs.75.00 lakh. The rate ofinterest offered by SBI isthe cheapest of all the home

IN BRIEFSpiro Pappas is new CEOof National Australia BankN ational Australia Bank

(NAB) has appointed Mr. SpiroPappas as Chief Executive Officer,Asia, responsible for accelerating thegrowth of the bank’s business in Asia.

According to the bank’sources inMumbai, he will be responsible formanaging NAB’s operations in Asiaand strengthening the franchise inclose coordination with the bank’sbusinesses in Australia and New Zealand. NAB is oneof Australia’s major banks with an integrated wealthmanagement business. It offers a full suite of bankingand financial services ranging from personal and privatebanking, investment advisory, to business andinstitutional banking.--------------------------------------------------------------

CorpBank loans to SMEsCorporation Bank has started providing loans at

a concessional rate of interest for micro, smalland medium Enterprises (SME) from October 20, 2012onwards. The facility will be on till January 31, 2013.

Announcing this in Bangalore recently, the bank’sGeneral Manager, Mr.K. Giridhar Shenoy, said SMEGrand Festival Loan Bonanza was launched recentlyto provide loans for SMEs as. They were facing anumber of problems.--------------------------------------------------------------Lend liberally to SHGs:GVMC chiefThe GVMC Commissioner, Mr. M.V.

Satyanarayana IAS, has asked bankers to liberallysanction loans to self-help groups to facilitate theireconomic empowerment. He said only Rs. 54 crorehad been disbursed so far out of the target of Rs.140crores. The Commissioner enquired the reasons forthe poor disbursal of bank loans to the SHG groupsfrom the assistant project officers. He also said thattransparency was being observed with regard tomaking compassionate appointments.

VIS News Service

S tate Bank of India(SBI) has opened its

seventh branch in SouthAfrica in the Laudium areanear Pretoria, as it seeks toexpand services to localsand expatriates.

At the inauguration ofthe new branch recently,Indian High Commissioner,Mr. Virendra Gupta saidSouth Africa is seen as alaunch pad for investmentsin Africa and most of thebig business houses ofIndia have set up businesshere.

“The increasing tradebetween South Africa and

VIS News Service

Private sector lenderYES Bank has

announced that its Boardhas approved to enter intothe mutual fund business.

“We will enter as anAsset managementCompany (AMC) in thenext 12 months in thebusiness of mutual fund toaugment our retailoffering,” said RanaKapoor, ManagingDirector and ChiefExecutive Officer, YESBank in Mumbai recently.

The bank will now apply

SBI opens 7th branch in SAIndia, growing political andeconomic ties between thetwo nations and theadmission of South Africainto the BRICS communityof nations have providedthe impetus for SBI’sexpansion in South Africa,”Gupta said.

SBI’s presence in SouthAfrica started with theestablishment of theJohannesburg branch inMarch 1996, followed bythe opening of the Durbanbranch later that year, SBIRegional Head (Africa)Mr. M.G. Vaidyan, whowas also present at theinauguration ceremony,said.

YES Bank to enter mutualfund biz

for regulatory licence fromthe Securities ExchangeBoard of India (SEBI) andthe Reserve Bank of India(RBI). Last month, thebank had received a retailequities broking licencefrom the RBI, for which itexpects to launchoperations during 2013-14fiscal year.

“Selling and cross-selling will be our foray andwe will be better distributorthan a manufacturer,”Kapoor said whileannouncing the bank’ssecond quarter results.

SBI’s home loan mela at CMR Central a big hitloan players in the country.The processing fee is alsoreduced to 0.125% of theloan amount with aminimum of RS.1000./-only, instead of 0.25%previously offered.

Cross selling productslike SBI life, SBI generalinsurance, SBI mutualfunds were alsoshowcased.

SBI general insuranceintroduced a new productof coverage for savingsbank account holders bypaying a minimum ofRs.100/- per annum, tocover a sum of Rs.4.00lakh, covering accidentalrisk of death.

The home loan salesteam (HLST) of SBI, adivision of Home loans inthe area of Visakhapatnam

Administrative Office,launched a new facility like“JUST SMS NAME &LOAN TO9848733119” to answerqueries and to attend loanrequirements ofcustomers.

Representatives of thebuilders M/s Omcon fortheir project ‘ReignForest’, M/s AdityaHousing AndI n f r a s t r u c t u r eDevelopment Corpn. fortheir projects OceanHeights and FortuneHeights, M/s VPL Groupfor their projects GreenCity Villas, Green CityHeights and Green CityTowers explained abouttheir projects anddistributed their pamphlets.

During the two day

event, many games andevents were organized andnearly 50 prizes were giv

As many as 200 visitorsregistered at the counterand many lauded the publicevent launched by SBI.

Mr. Prasanna Kumarfrom Multi Product Salesteam(MPST), Mr. BadariNadh from HLST, officialsfrom SBI Life, SBIGeneral, SBI MutualFunds, Branch Managersand officials from localbranches of SBI activelyparticipated and interactedwith the public. Ms. Swatiwas the anchor for theevent.

For more informationcontact: Mr. PhaniKumar on 9848733119.

ICICI Bank has entered into a memorandum ofunderstanding (MoU) with Ecobank Transnational

Incorporated (Africa).The MoU will involve ICICI Bank and Ecobank

collaborating to extend banking services across theircombined footprint in India and Africa. Ecobank is presentin 35 countries in Africa, said a statement from India’slargest private sector bank. India’s trade with Africa hasdoubled in the past four years.

ICICI Bank ties up with African bankVIS News Service

India Post hasannounced a festive

offer on the purchase ofgold coins from designatedpost offices across theAndhra Pradesh postal

Discount on gold coinscircle. Customers areentitled to a flat seven percent discount on thepurchase of gold coins ofany denomination availablefrom 0.5g, 1g, 5g, 8g, 10g,20g, and 50g of 24 caratwith 99.99% purity.

Every Product.... touches hearts,spreads smiles

VISAKHAPATNAMMAIN BRANCH

DWARAKANAGARPh: 0891-2552201

Internet Mobile BankingIOB Supreme Current AccountCorporate Salary AccountIOB SB StudentIOB Subha Gruha Home Loan

VIS News Service

A committee of the Indian Banks’Association committee has

recommended to the Finance Ministry thathome loans up to Rs 35 lakh (extant limit:Rs 25 lakh) should get the priority sectortag.

The move will lead to banks providingloans to house buyers at affordable interestrates, said the committee on housingsector. This will also benefit a large groupof customers in Tier- II and Tier- III towns.Further, loans to builders constructingaffordable homes costing within Rs 35lakh a unit could be classified as prioritysector. Builders can then get loans atpreferential interest rates, therebyaccelerating housing projects in segments

C.M. Khurana is CFO of Oriental Bank of Commerce

Oriental Bank of Commerce (OBC) has a new Chief Financial Officer in Mr.C.M. Khurana.

Mr. Khurana has replaced Mr. R.L. Agarwal, who had recently superannuated.Prior to this elevation, Khurana was General Manager with the bank. Mr. Khurana isnow heading the large corporate credit and accounts department of the bank. He hasalso been designated as Chief General Manager.

OBC has also designated its senior most General Manager, Mr. Sheel KumarSharma as Chief General Manager. Mr. Sheel Kumar Sharma joined the services ofthe bank in 1974 and now heads the human resources department of the bank.

Central Bank of Indiahas implemented a

human resourcemanagement solution(HRMS) package toimprove the productivity ofits 36,000 odd employees,ensure skill developmentand chart out successionplanning.

After automating allcustomer-centric functionsthrough the core bankingplatform, the bank has donethe same for its internal

Bank credit and deposits grew by 14-16 per cent inthe past 12 months. According to the data released

by the Reserve Bank of India (RBI), banks’ depositswere at Rs 6,411,036 crore as of October 5, up 13.8 percent from Rs 5,629,374 crore a year ago. Bank creditgrew to Rs 4,809,384 crore as of October 5, up 15.8 percent from Rs 4,149,670 crore as of October 7, 2011.Theinvestments by the banks in government securities andother approved securities rose to Rs 1,995,659 crore, upfrom Rs 1,736,256 crore a year earlier. Also, the foodcredit outstanding by banks (including state co-operativebanks) stood at Rs 99,915 crore from Rs 69,640 crore.

Central Bank adoptsnew HRM package

customers (employees),said Executive Director,Mr. V.R. Iyer in Mumbairecently..

The HRMS package,which has beenimplemented by IBM, hasautomated 30 humanresource (HR) processes,including pay roll, leaveapplication, reimbursementof hospitalisation,newspaper, and leavetravel concession, andbooking of holiday homes.

Bank credit, deposits growby 14-16%

VIS News Service

Indian Bank hasregistered a six per cent

growth in net profit at Rs496.68 crore for the secondquarter ended September30, as against Rs 469 crorein the comparable previousyear quarter. The totalincome was Rs 3,773.75crore during the quarterunder consideration againstRs 3,377 crore in the sameperiod a year ago.

According to theChairman and ManagingDirector, Mr. T.M. Bhasinhad it reversed thedepreciation account, thegrowth in net profit wouldhave touched 12 per cent.Total business of the bankduring the quarter rose toRs 2.27 lakh crore (Rs2.02 lakh crore) . CASAdeposits grew to Rs 37,994crore (Rs 34,227 crore).Gross advances were at Rs95,936 crore (Rs 86,372crore); Credit Deposit ratiowas at 73.13 per cent (74.3per cent).

Indian Bank Q2profit rises by 6%

Priority sector tag for home loans upto Rs 35 lakh must: IBA panel

where the unit cost does not exceed Rs35 lakh. Loans (up to a certain limit) givenby banks to categories such as agriculture,micro and small enterprises, micro credit,education loans, housing loans, exportcredit and weaker sections are classifiedas priority sector lending.

The committee observed thatcustomers were finding it difficult to stumpup 20 per cent margin as well as pay forstamp duty and registration, and othercharges, which aggregate to as high as 25to 30 per cent of the value of houseproperty.

In order to mitigate this, the committeeis of the view that banks should fund up to85 per cent of the cost of house (that isreduce margin from 20 per cent to 15 percent).

Update6 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

VIS News Service

Vigilance AwarenessWeek was launched

at HPCL, Visakh Refineryon October 29. TheExecutive Director, Mr. PA B Raju administered thepledge in English to theemployees at 11am. Speaking on theoccasion, Mr. Raju said thatVigilance Awareness shallnot be limited to this weekonly but it shall be observedpurposefully throughout theyear essentially byemployees in their

Vigilance awareness is a continuous process: PAB Rajufunctions.

During the occasion,GM-I/c, Visakh Refinery,Mr. V.V. R. Narasimhamhas also administered thepledge in Hindi. Messagesof President of India, Vice-President of India, PrimeMinister of India andCentral VigilanceCommission were read outon the occasion.

The Chief Manager-Vigilance, Visakh Refinery,Mr. Ch. Ratnakara Rao,has explained the theme ofvigilance awarenessprogramme-2012 i.e.

“Transparency in publicprocurement”. He hasalso briefed variousprogrammes beingorganised by the Refineryas a part of VigilanceAwareness Week-2012with an aim to bring massawareness amongstemployees/stakeholderson vigilance/self-vigilance.

IT Dept: The Regionaloffice of ChiefCommissioner of IncomeTax, Visakhapatnam isobserving VigilanceAwareness Week witheffect from 29-10-2012 to

03-11-2012. ThisAwareness week isobserved and celebrated incommemoration of thebirthday of SardarVallabhbhai Patel. Theweeks’ programmecommenced with a pledgeadministered to theOfficers and Staff by Mr.S K Pathak, IRS, ChiefCommissioner ofIncome Tax,Visakhapatnam, on 29-10-2012 at 11.00 am in thepremises of AayakarBhavan, Dabagardens,Visakhapatnam. ThePledge aims to encouragethe Officers and Staff tocarry out their duties withintegrity, transparency andalso to provide value basedservice to the tax payingpublic without fear orfavour.

The week-longprogramme includes EssayWriting Competitions forthe Officers and Staff onthe subject of “Ethics inGovernance – Thefoundation for a VigilantOrganisation”, workshopon Preventive Vigilance,Seminar on ParticipativeVigilance and Interactionwith the Tax Practitionersand tax payers etc., toenlighten all stakeholdersappropriately.

At ECoR: WaltairDivision of East CoastRailway, in consonancewith the instructions ofRailway Board, isobserving Vigilanceawareness week this yearfrom 29th OctoberNovember 3 with thetheme ‘Transparency inPublic Procurement’.

The Divisional RailwayManager, East CoastRailway, Waltair, Mr. AnilKumar, administered theoath to all Officers andstaff from all Departments.

Banners and posterswere displayed and debate,essay-writing, paintingscompetitions wereconducted. Seminars willbe organised on Vigilance-oriented topics.

VUDA will organisedance competitions for

children from November 7at Gurajada Kalakshetram asa part of its Children’s Daycelebrations. Western,classical, folk dances anddance dramas will beperformed from November7 to 11.Children of schoolsand dance institutes fromIchhapuram to Kakinada areexpected to participate in thecompetition to beconducted as open shows atGurajada Kalakshetram.

Western danceperformances, solo andgroup, would be held onNovember 7 evening from5 p.m.Classical group dancep e r f o r m a n c e - c u m -competition will be held onNovember 8. Folk groupdances will be held onNovember 9. Dance dramaswill be performedNovember 10 and 11.

For enrolment contact:Mr. B. Prabhakara Reddyon 98660 76932.

VUDA to holddance contests

The 11th anniversary of Mohsin Eye Bank, managedby VEBART Trust, was celebrated at L.V. Prasad

Eye Institute on October 28.Former Vice-Chancellor of Acharya Nagarjuna

University Mr. V. Balamohan Das, who was the chiefguest, lauded the services to society and pledged his eyesto the bank. Film actress Ms. Kavitha expressed herreadiness to be part of the campaign to create awarenesson eye donation.

The Chairman of the bank, Mr. Kasim S. Mehdispoke about the importance and aims of the bank.Secretary Mr. Arisetty Srirama Murthy said, whatstarted as a small eye bank blossomed into one of theleading community eye banks in the State. Till now, 2,516cornea were collected and 1,581 transplanted. Vice-Chairman of the eye bank Mr. A.V.N. Chetty also spoke.

Mohsin Eye Bankcelebrates anniversary

Business ScanOct 16-31, 2012 VIZAG INDUSTRIAL SCAN 7IN BRIEF

Improving biz competitivenessthrough TPMCII Visakhapatnam Zone is organising a Training

programme on How to improve the BusinessCompetitiveness through TPM on 29 October 2012at The Park, Visakhapatnam.

One of the key essences of TPM is to eliminatethe losses that are occurring in the organisation therebyincurring the bottom line. The losses are of 2 types;first those that are measured like the breakdowns,Quality defects etc and the second like setup andchangeover, minor stoppages, lesser resourcesutilisation etc which are generally missed. KobetsuKaizen or the Focused Improvement pillar of TPMaddresses seeks to eliminate both these types of losses.

For more information contact: Mr. K.Ganeshan, Deputy Director & Head - CII Vizag.Tel / Fax : 91-0891-2555535-------------------------------------------------------------

Meet on food safetyThe Confederation of Indian Industry (CII) is

organising a one-day Conference on ‘EnhancingFood Safety in Food Retail Chains’ on 30 October2012 at Hotel Lalit Ashok, Bangalore.

For more information contact: Mr. BijouKurien, Chairman- Conference on EnhancingFood Safety Standards, CII, Bangalore. Ph: 08042889595.-------------------------------------------------------------

Cut paper work, ensuree-customs filing: GACAGThe Global Air Cargo Advisory Group

(GACAG) is urging members of the WorldCustoms Organisation (WCO) to implement RevisedKyoto Convention principles and shift from adependency on paper documents to a full e-customsenvironment.

WCO secretary general Mr. Kunio Mikuriyaagreed harmonisation of global customs procedureswould play a pivotal role in establishing e-customsplatforms. GACAG has highlighted processes thatshould be accomplished through electronic means:export and import goods declarations to customsprovided by exporters, importers and/or theirforwarders or customs brokers; export, import andtransit cargo declarations sent to customs by airlines;release of shipments into free circulation followingcompletion of customs formalities; record keeping andarchiving for all participating parties.-------------------------------------------------------------

DHL to expand logisticsinfra in IndiaDHL Supply Chain says it is investing EUR100

million (US$130.9 million) to strengthen its logisticsinfrastructure in India, a nation whose infrastructurenetwork lags behind its rivals.

DHL Supply Chain, a provider of contract logisticssolutions, will develop eight “world class” Multi-ClientSites (MCS) across India and upgrade its current fleetwith technologically advanced transportation vehiclesto meet growing customer demand from varioussectors. The new MCS facilities will add a further fivemillion square feet of warehousing space, and will belocated at Mumbai, Gurgaon, Delhi (NCR), Bengaluru,Nagpur, Chennai, Kolkata and Ahmedabad.-------------------------------------------------------------

Meet on E. Goldratt’s theoryThe Confederation of Indian Industry - Institute

of Logistics is organising a one-day ‘Workshopon Theory of Constraints’ at The Park in Bangaloreon 6th November 2012.

This workshop aims to provide an overview of Dr.Eliyahu Goldratt’s “Theory of Constraints (TOC)”.

For more information contact: Mr. M.Gurunathan, CII - Institute of Logistics, Chennai.Ph: 044- 42928905.-------------------------------------------------------------

Nandini Mallu launchesJHAROKHAMs. Nandini Mallu, wife of Deputy Speaker of

AP, Mr. Mallu Bhatti Vikramarka, inauguratedJHAROKHA- Lifestyle Exhibition & Sale at HotelTaj Deccan Banjara Hills on October 18 as the chiefguest. Dr.Shailaja skin specialist KIMS Hospital., wasthe guest of honour. Top Participants & Designersfrom all over India showcased designer sarees, kurtis,tunics, lehengas, real & imitation designer jewelleryand decorative items for the festive season.

VIS News Service

The Panel of Judges forthe Prime Minister’s

Trophy stressed the needto commission the newunits as fast as possible andto modernise the existingunits to reap the benefits ofexpansion of capacities. The Panel of Judges arein RINL for assessing thebest integrated steel plantin the country for PM’strophy 2010-11.

The Panel of Judgeswitnessed a CorporatePresentation of RINLhighlighting thep e r f o r m a n c e ,achievements, strategicinitiatives, businessdiversification, expansiondrive etc. during the year2010-11.

The Panel of Judgescongratulated RINL forearning profits continuouslyby substantial reduction incost and appreciated theprudent financialmanagement. Dr SR Jain,former Chairman SAILsuggested that RINLshould improve the age mixand formulate anaggressive succession planas the plant is in continuous

Benchmark techno economic parameters,focus on R&D: PM Trophy Panel

mode of expansion. Hesaid that RINL is facinghigh raw material costswhich is affecting itsbottom line and advisedRINL to work on ways andmeans to improve utilisationof Raw Materials.

The Joint Secretary,Ministry of Steel, Dr. DalipSingh, observed that RINLhas the best technology andneed to utilise the coastallocation of the plant toadvantage. He stressed theneed to BenchmarkTechno Economicparameters and focus onR&D. He suggested toincrease value added/special steel production toincrease the profitability ofthe Company in thiscompetitive market.

Former CMD, RINL,Dr. B.N. Singh visualisedgreat future for RINL asthe employees arecommitted and dedicatedand he said that RINLshould develop methods forbetter utilisation of wasteconsidering the impendingincrease in volumes ofproduction.

The other Judges of thePanel, Dr T Mukherjee,Former Dy MD Tata

Steel, Dr .V.Ramaswamy, Former ED,SAIL, Prof MadhuVij,University of Delhi, ProfNK Chadha, University ofDelhi and Mr. KK Nair,National Treasure, INTUCin their observationscomplimented RINL forgreat turnaround afterbeing referred to BIFR,remarkable growth ingreenery, initiatives onR&D and sustainabilityplan. They observed thatcustomer satisfaction indexis very high at RINL andat the same time similarattention is to be given byRINL for achieving highemployee satisfaction also.

The Panel of Judgesreleased “SustainabilityReport 2012-13” broughtout by RINL on theoccasion.

While responding totheir suggestions andremarks, the CMD, RINL-VSP, Mr. AP Choudhary,expressed his gratitude tothe Ministry of Steel forcontinuous support to RINLin its journey towardsexcellence.

The Director(Operations), Mr. Umesh

Chandra, Director(Finance), Mr. PMadhusudan, Director(Commercial), Mr. TKChand, Director(Personnel), Mr. YRReddy, Director(Projects), Mr. N.S. Rao,CVO, Mr. SiddharthaKumar and senior officersparticipated in theinteraction.

Later the Panel ofJudges visited Model Room& Awards Gallery, CokeOvens, Blast Furnace-3,Steel Melt Shop-1, WireRod Mill-1 and 2.

Meets PM Shram &VRP Awardees: ThePanel of Judges interactedwith PM Shram Awardees& VRP Awardees atTraining Centre and visitedthe Quality Circle Modelsdisplayed on the occasion.

Pats. T.K. Chand: During the MarketingDepartment presentationon Customer Satisfaction, Panel of Judges interactedon various aspects ofCustomer Satisfaction withMr. T.K. Chand, Director(Commercial), seniorofficers of Marketing andOperation departments.

VIS News Service

The Union Steel Minister, Mr. BeniPrasad Verma has asked Rashtriya

Ispat Nigam Limited to adopt innovativemarketing strategies and complimentedthe management for registering growth inprofit and several production areas.

During a review of the Navratnacompany’s performance during first half(H1) of 2012-13, in New Delhi recently,he called upon RINL to evolve innovativemarketing strategies to perform better andintensify its marketing efforts in ruralareas. RINL posted growth in hot metal,liquid steel and value added steelproduction, captive power generation,operating profit and profit after tax duringH1 of 2012-13. A marginal shortfall insaleable steel production was registereddue to acute power crisis and heavyrainfall. The weakening demand of longproducts marginally impacted the sale oflong products. RINL took steps likecorrection in prices to improve sales.

During H1, RINL improved its rural

VIS News Service

Rashtriya Ispat NigamLtd (RINL) is

considering setting up a 10million tonne per annum(mtpa) iron orebeneficiation and pelletplant at Bhilwara, saidChairman and ManagingDirector, Mr.A.P.Choudhary, in NewDelhi recently.

The public sector steelmaker expects to secure aniron ore mineral concessionfrom the RajasthanGovernment soon.

The RajasthanGovernment has

The 92nd birthanniversary of Late

Mr. T Amrutha Rao, wascelebrated at SmrithyanjaliPark in VisakhapatnamSteel Plant.

The Director (Projects),RINL/VSP, Mr. N.S. Rao,garlanded the statue andpaid rich tributes to thegreat leader. He recalledsacrifices made by Mr.Amrutha Rao at veryyoung age for getting thissteel plant.

Trade Union leadersMr. D. Adinarayana, Mr.N Rama Rao, Mr.Appalaraju, Mr. MaturiSreenivasa Rao, Mr. Y.Masthanappa, Membersof SC&ST Association,Mr. R.P. Srivastav, DGM(TA) paid floral tributes tothe great leader on theoccasion.

VIS News Service

INTUC has won therecognised union status

in the elections conductedamong the employees ofFerro Scrap NigamLimited (FSNL).Following are the newoffice-bearers: Mr.Mantri Rajasekhar(honorary president), Mr.Sham Sudhir (president),Mr. R.V.A.S.N. Raju(general secretary) andMr. NeerukondaRamachandra Rao(convener).

Adopt innovative marketing strategy,Verma tells RINL

marketing network by 69 per cent andgrowth in sales increased to 88 per cent.Significant growth was achieved inconverter lining life, specific waterconsumption and labour productivity.

RINL paid Rs.1,414.51 crore to theGovernment of India in H1 towardsdividend and redemption of preferentialcapital. On the expansion front, new blastfurnace, oxygen plant, turbo blower, powerand utility systems were commissionedand are currently in operation.

Order for new pressure reducingstation has been placed and is expectedto be commissioned by March/April 2013.Sinter plant and wire rod mill will becommissioned by the end of 2012. Thecompany’s expenditure on CSR activitiesgrew by 10 per cent during the reviewperiod.

The Steel Minister reviewedperformance of Bird Group ofCompanies, in which RINL has strategiccontrol. Mr. Verma reviewed theperformance of first and second quarterof 2012-13 of Bird Group of Companies.

Amrutha Raoremembered

RINL moots 10 mtpa beneficiation,pellet unit at Bhilwara

recommended allotment ofone iron ore mine to RINLat Bhilwara and theproposal is under activeconsideration of the MinesMinistry. The last stageformalities are beingworked out and we expectto get a mineral concessionfor the Bhilwara iron oremine, Choudhary toldreporters. The estimatediron ore reserve at theBhilwara mine is pegged at320 mt. Mr. Choudharysaid the investments in theproposed beneficiation andpellet plant at Bhilwara isstill being worked out.RINL, which is in the midst

of expanding its capacityfrom 3 to 6.2 mt per annum,depends mainly on anotherstate-owned entity NMDCfor its raw materialrequirement.

He was speaking toreporters after the SteelMiniste, Mr. Beni PrasadVerma reviewed thecompany’s performancefor the first half.RINLreported a 7 per cent dropin revenues for the April-September 2012-13 periodat Rs 5,789 crore over thecorresponding last year’sRs 6,216.40 crore onsluggish sales and lowersteel prices.

INTUC winsFSNL poll

Classifieds8 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

Regd.No.69375/98 - Printed by D.S.V.R.K.Raju and Published by A.K.Sabharwal, Printed at G.K.Print House Pvt Ltd, 10-12-5/3, Jail to Apollo Hospital Road, Ramnagar, Rednam Gardens, Visakhapatnam - 530 002Published at 101, Aspen Heights, D.No.11-9-38/5, Daspalla Hills, Visakhapatnam - 530 003. Phone : 0891-2799969, 2714575 Fax: 0891-2539443 Editor - A.K.Sabharwal

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Update10 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

VIS News Service

The Forum for ActionResearch and Policy

Analysis (FARPA) organised aninformal meeting to discuss thevarious opportunities andconstraints in regard to provisionof the required quantum of watersupply to Visakhapatnam and tovarious major industries locatedin the city environs like theVisakhapatnam Steel Plant.,NTPC etc.

FARPA convenor, Prof. R.V.Ramarao, said: “Water supplyto the port city has become acritical issue to meet the normsand requirements of supply to thecity population. GVMC whichcontrols the various water supplysystems is also under greatconstraint to provide adequatevolumes of water in respect ofthe demand projections of majorindustries located inVisakhapatnam.”

The various sources supplyingwater to the city experienceddeficiency till the recent rains,which raised the levels inThatipudi, Raiwada,Meghadrigedda and Yelerureservoirs considerably. It ishoped that the cyclonic rain duringOctober-November wouldensure that all the reservoirswould have full capacity ofstorage. The availability of thisresource at Full Reservoir Level(FRL) would enablerefurbishment of water supplysystems.

The meeting was attended bythe former Chief Engineers,Govt. of Andhra Pradesh, Mr. N.Jaganmohanrao, Mr. S.Satyanarayana, former Supdt.Engineers, Govt. of AndhraPradesh, Mr. B. Brahmanayya,Mr.U. Narayanaraju, DGM(WMD)I/C, VisakhapatnamSteel Plant, Mr. Ramanujam,General Manager (O&M),NTPC, Mr. Narendra, Dy.GM,NTPC, Mr. Om Namasivaya,Supdt. Engineer, GVMC, Mr.

Identify new water resources: RV RamaraoChandrayya, Member, FARPA,Mr. Mehar Prakash and Dy.EE. Irrigation Engineer, GOAP,Mr. Panda, participated anddiscussed augmenting watersupply from the main surfacesources of water for Visakhapatnam like: ThatipudiReservoir, Mehadri GeddaReservoir, Raiwada Link Canal,Yeleru Left Bank Canal,Gosthani River, MudasaralovaReservoir and GambheeramGedda Reservoir.

The total quantity of waterthat can be drawn from theabove sources is 43 mgd forVisakhapatnam city for drinkingand other purposes. In additionto the above, 7.5 mgd of groundwater is also drawn throughborewells. Around 16 mgd wateris supplied to slums andindustries. The GodavariDrinking Water SupplyProject designed to supply 33mgd of water taken up in 2003,has been made operative. Allabove sources are not perennialand due to considerable reductionin the inflows to impoundmentsand rapid growth in thepopulation, the city isexperiencing acute shortage ofwater during summer.Demand and Deficit

The supply provided todomestic sector as on date is 21.0mgd showing a deficit of 21.69mgd as the standard norm ofsupply is 42.69 mgd. The supplyto the bulk consumers is 16.0mgd while the demandrequirement is around 22.31mgd indicating a deficit of 6.31mgd.The total deficit in watersupply in respect of both thecategories is 28.0 mgd.

The project demand by theyear 2020 is estimated at 124mgd and the deficits is on83.00mgd.

Greater VisakhapatnamMunicipal Corporation ispresently utilising 230 mld ofwater from various sources.

There is a deficit at 70 mld to meetthe drinking water demand of thecity population as on date. Thisis likely to grow GVMC wouldhave to give a commitment toprovide treated drinking water tothe expanding areas andpopulation in the near future.These expansions includeadditional developments inAnakapalli and Bheemunipatnamand intermediate areas which areexpected to be merged withGreater Visakha MunicipalCorporation.

The GVMC has also anumber of treatment plants formeeting the required quality ofdrinking water to the population.These are at the following –Narava (32.00mld) / Gajuwaka

(45.00mld) / Sundaram colony(12.00mld) near the tollgate onNH5 (85.00mld).

The GVMC has completedthe distribution network and thestorages for providing treateddrinking water to Gajuwaka areaof GVMC which was earlierunder local sources ofMunicipality. There is arequirement of 4.0mgd and 2.0mgd was being spared from theSteel plant and 2.0 mgd is beingreceived from other sources.However since commissioning ofPumping scheme from YLMC(upstream of KBR off-take) supply from KBR is stopped.

Industrial Water SupplyThe Visakhapatnam Steel

Plant presently receives anaverage supply of 28 mgd fromYeleru canal. The Steel Plant isprojected to go for production of

7.3 million tons/year and wouldrequire 45 mgd of water in a timeline of six months. Without thisquantum of supplycommissioning and continuousoperation of all units at ratedcapacity wouldn’t be possiblewhich would lead VSP to a deepfinancial crisis. The fullexpansion of the steel plant isprojected for 20 million tpy and itwould require 110 mgd of waterprogressively and the time lineis six years.

The steel plant is in theprocess of establishing areservoir downstream of theexisting KBR reservoir. Thepresent lines of the KBRreservoir is at 21.250 mts. Thenew reservoir which is beingestablished has an areal extent of150 hects and would have an FRLof +24.00 mts and store 0.5 tmcof water.

NTPC-Simhadri is presentlydrawing 7.00 mgd of water fromthe Yeleru system. Theorganisation is utiliaing 32.00mldat present and ultimately the totalrequirement is 48.00mld or 10.5mgd for 4 x 500MW operationof the Power Station.

The other industries which arebeing provided with the variousquantities of water to meet theirdemand requirements are verymarginal compare to Steel Plantand NTPC. These areGangavaram port and industriesbeing given from Lankelapalemreservoir of APIIC theorganizations include, Pharmacityand SEZ Atchutapuram.

Anrak industries are alsobeing provided water between 3and 4 mgd for their use with directdrawal from the Yeleru canalsystem. The Navy has beenassured a supply of 15.00mld ofraw water to project Varsha fromthe Yeleru canal.

Due to expansion of steelplant, their demand is 45.00 mgd,which is required from March2013. The NTPC demand is for

10.00mgd. To meet theseadditional demands, 80 mgd ofwater is to be required. Unless300 cusecs is drawn from Yelerureservoir, 80 mgd cannot berealised at Visakhapatnam, dueto seepage loses of nearby 50%in the stretch of 155 kms lengthof Yeleru canal. At present only 200 to 250 cusecs is being drawnfrom Yeleru reservoir. The Yelerucanal requires immediate repairsby desilting in some of thevulnerable reaches in deep cuts,which requires about 10.00crores for which 2 months timeis required in March and April.By the time the closure starts thesteel plant authorities have to fillup Kanithi Balancing Reservoirto its full capacity. The NTPCneeds to keep storage of softwater for 40 days only.

A representative from RINL-VSP said the plant cannot afforda 60-day shutdown as the waterstock at FRL of KBR would besufficient for 55-60 days as 6.3mtexpansion units also would be inoperation. Further any shutdownperiod shall be for a period ofmaximum 45 days betweenJanuary and March as rains /cyclones are expected generallyduring April-May.

The GVMC officialsexpressed their difficulty insupplying drinking water duringthese two months, as the presentdrawal of 22 mgd will becompletely stopped. The KBRcan supply 2.00mgd during theclosure and the balance has to beadjusted from Raiwada andMGR. VSP representativeexpressed that if water is givento Gajuwaka from KBR duringshutdown, closure period shall bereduced accordingly.

If there are good spells of rainin October and November, dueto North-East monsoon, thereservoirs will get filled up to FRLand it facilitates to meet theminimum demands when closureis taken in March and April 2013.

Water Supply from Yeleru CanalVizag Steel plant 28 mgdGVMC drinking water 22 mgdNTPC 7 mgdOthers 3 mgd Total 60 mgd

“Our hands are alwaysfull with so manycustomers coming to ourrestaurant daily,” Mr.Devesh who keepsinventing newer dishesevery day by trying the bestof all standard cuisines inthe world, says.

He has introduced anAwadhi (Lucknowi) dishcalled ksheermal roti (minibread made of atta, milkand kesar) which is servedwith gosht (mutton)galouti (which resembles

A.V. Prasad

For those looking for arestaurant that serves

healthy food that’s tastyand soft on the stomach inVizag, Eleven in Siripuramis the place.

Run by MBA graduatecouple, Mr. DeveshGupta and Ms. Nitishree,Eleven offers 5-Starcuisine and ambience at 3-Star rates. It has manysurprise dishes in store andsome of these exotic dishesare not available anywhereelse in the port city.

“I wanted to dosomething for the city Igrew up with and startedscouting for an ideal placeto set up a ‘cosyrestaurant’ and zeroed in onLevel 5 in JagapathiPlaza at Dutt Island. Thisis the city’s second highlyelevated restaurant,” Mr.Devesh told VizagIndustrial Scan.

The health-consciousentrepreneur says that ascustomers’ health is ofprime importance we don’tuse artificial colouring anddon’t indulge in bulk

Fine dining - Eleven is the placecooking as mostrestaurateurs do. Elevenoffers freshly cooked food,because the customersshould leave our restauranthappy and healthy with astrong inclination to comeagain, he says.

“We called it Elevenbecause the restaurant isrun between 12 Noon and11 pm. I remember acouple profusely thankingme for providing thembiryani after 3.30 p.m. asmost eateries close shop bythen. From 3.30 pm to8.p.m. you can see collegestudents coming to haveChaat items,” Mr. Deveshadds.

Eleven was launchedwith an innovative buffetsystem called Tabled’hote, where the foodfrom the buffet spread isserved on the table. Butwhen some dinerscomplained of the servingsbeing limited, we stoppedthe buffet system and nowwe are serving food a lacarte. The menu includessimple preparations likemushroom and almondsoup, talumi soup,

omelette, chole bhature,golden fried prawns,karela (bitter gourd) curry,bread-sandwich pakoda,chicken boti masala,chicken Andhra, muttonnawabi, sizzler chickentikka biryani (availableonly at Eleven) and a rangeof Chinese cuisine besidesSouth and North Indiancuisines.

“You can begin the mealwith a soup of your choice.For starters there is achoice of plum chickenmade with Cantonesesauce, paneer begumbahar, the lip-smackingtandoori nachos - a mixof Indian, Mexican andChinese cuisine (availableonly at Eleven) and manymore. I am glad to say thatwe have repeat customers,due to the quality and tasteof the food we serve.” Mr.Devesh says.

The executives andtechies from HSBC andother nearby ITEScompanies/ offices are ourregular customers whocome for lunch (Veg ThaliRs. 99) along with theircolleagues. One can order

non-veg dishes like chicken(Rs. 39 per cup), mutton –Rs. 49 and fish – Rs. 59along with the Thali. Youget two gravies, a dry curry,a wet curry, dal, sambar,curd, plain rice, 1 pieceplain naan and gulabjamoon with the Thali.Thespecial Thali comes withsoup, starters, paneer item,gravies, a dry and wet curryplus the rest that come in aregular Thali,” the youngand enthusiasticentrepreneur says.

(a slightly bigger pindivadiyam found in northAndhra districts). Thiscombo delicacy (which hasto be rolled and eaten), justtastes great and makes youcrave for more.

Stating that he ensuresthat the veggies get theirdue, he adds the Jains, whofrequent their restaurantare fully confident that theyget the best vegetarian foodbecause he (Mr. Devesh)is himself a strictvegetarian.

“The caramel custardserved at Eleven iseggless. So is the chocolatebrowny topped with icecream served for dessert.It’s hard to find thedifference, he chuckles.”

Recalling the hotel’sanniversary celebrationheld from July 11-22, 2012,Mr. Devesh says they hadput up a ‘Wheel of Fortune’where customers tried theirluck in winning 11, 22 to 33% discount.Many (around30 customers) got 33%, hesays. So, for those of youwho’d like to try somethingnew, Eleven will be thebest bet.

Young entrepreneurs Mr. Devesh Gupta and Ms.Nitishree of Eleven.

Business ScanOct 16-31, 2012 VIZAG INDUSTRIAL SCAN11

Homage12 VIZAG INDUSTRIAL SCAN Oct 16-31, 2012

He who neither rejoices, nor hates, nor grieves, nor desires, renouncinggood and evil, and who is full of devotion, is dear to Me.

Late Sri O.P. Sabharwal23-4-1928 to 06-11-1992

Respectful Homagefrom

Sabharwal Family

101, Aspen Heights, Daspalla Hills, Visakhapatnam - 530 003 (A.P.) IndiaTel: +91 891 2799969, 2504096, 2714575, Fax: 0891-2539443

e-mail: info@viscan.in

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