PharmaBio World Expo 2011 from Feb 23-26, 2011

The PharmaBio World Expo 2011 executive committee in association with FAPCCI organized a preliminary get-together awareness meeting about forthcoming pharma exhibition “PharmaBio World Expo 2011” at Surana Udyog Auditorium, Federation House, Hyderabad. The “PharmaBio World Expo 2011” will be held from February 23-26, 2011 at Bombay Exhibition Centre, Goregaon, Mumbai, India.

This PharmaBio World Expo 2011 representative Ms. Swathi Dhake invited pharmaceutical and bio chemistry based businessmens to participate in this world expo 2011.

She said that the expo is focusing on the expos of the state-of-the-art technologies, equipment, accessories and services from national and international players in each sector. The power packed concurrent International Conferences will deliberate on issues of topical interest to practicing professionals. The delegates from National and International Associations from Pharmacy inclusive of Germany, USA, Japan, Spain, Singapore, France, Turkey, Italy, and China are participating in PharmaBio World Expo 2011.

In this connection PharmaBio World Expo 2011 executive committee representative Ms. Swati Dhake, fapcci President Mr. Shekhar Agarwal, Secretary General Mr. M.V. Rajeshwara Rao and Mr. RK Agarwal, from BDMA are addressed to the participants.

Industrial Development: Suggestions for Rapid Industrialization

The Federation of Andhra Pradesh Chamber of Commerce (FAPCCI) is organized a Press Meet on “Expectations from Industry & Trade from the Chief Minister of AP” at Surana Udyog Auditorium, Federation House, FAPCCI, Red Hills, Lakdi-Ka-Pul, Hyderabad.

The FAPCCI demanding Industrial Board and Special Chief Secretary for good governence and handle many industrial problems and opportunities of Andhra Pradesh.

Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI discussed many issues with the media persons related to the industry, and he demanded Rs. 1500/- crore budget to allocate to the industrial development and increase which would provide employment to 5,00,000 persons all over the state.

• The economy of Andhra Pradesh, predominantly agricultural in nature, witnessed a pleasant shift on the industrial front during 1970s when there was a spurt in the number of large, medium and small scale industries in several sophisticated lines. Although, this industrial development has to face certain ups and downs due to natural calamities and occasional spells of power shortages, the rate of growth was steady.
• Today, the State is considered one of the fastest developing States in the country with a significant growth rate to its credit. It holds out good prospects for further growth with its abundant natural resources and good infrastructure.
• Inspite of favorable conditions and opportunities the progress on industrial front, of late, is not encouraging. The following steps are suggested to accelerate the Industrial Development in the State:
• There is lot of scope for development of agro based industries. These industries can be established in major villages for preliminary processing of agro industries which would ensure providing employment to a number of youth, educated and uneducated, countryside.
• The units may be established @ 3 to 4 units in each mandal. This will not only ensure processing of local produce, reducing huge transport charges since the processing takes place at the places of production or nearby places.
• There is a good scope for establishment of Industrial Clusters for appropriate activities at mandal levels which would provide not only provide employment to rural youth but also involves additional investment ensuring dispersal of industries which is a boon to the present concentration of industrial units in urban areas.
• Infrastructure facilities at present are not conducive for the development of industries. Its upgradation more particularly for tiny and small units may be taken up.
• At present, the flow of financial assistance to the SMEs is not encouraging. Steps may be taken for continuous flow of financial assistance.

• It is observed that a number of educated candidates are facing unemployment which can be tackled by encouraging them to take industrial units through entrepreneurial development programmes.
• Single Window System is ofcourse aimed at accelerating the process of Industrial Development but practically there are some stumbling blocks in its working. This needs to be addressed.
• Inspection to industrial units may be replaced by compliance audits and self-certification.
• Shortage of skilled manpower may be tackled. Skilled development institutes for each mandals may be established or atleast 2-3 institutes for each district may be established.
• Stress may be given for establishment of industrial clusters for tiny units in rural areas.
• Common Affluent Treatment Plants for clusters in industrial areas may be provided to ensure pollution free atmosphere.
• Government programme such as Credit Guarantee Scheme to be implemented effectively.
• Power shortage may be tackled and power backups may be proved so as to ensure supply of power for 24 x 7.
• Marketing organization in each district may be established.
• In recent times it is observed that there is no appreciable investment made for public sector activities in the State which in effect retarded the process of development of ancillary units in AP. It is suggested to enhance public sector investments with Public Private Partnership (PPP) in the manufacturing sector so as to accelerate the growth of ancillary units to create large scale employment opportunities and enhance the Industrial Production as a whole.
• To introduce special incentives for setting up of large and medium scale Export-oriented industries to enhance export of finished goods from port to port basis.
• Special incentives for Sunrise Industries with specific preference to aerospace technology, biotechnology and nanotechnology units which may give rise to establishment of large and medium scale units in such sectors.
• The Incentive Policy of AP is considered as one of the best in the country which offers subsidies and reimbursements liberally. The speed with which the department completes the process of sanctions is encouraging and laudable. Normally, at no stage the cases are stalled. But unfortunately the process faces a dead stop at the stage of disbursements. This is like providing food to a hungry man and not allowing him to eat. If the sanctioned subsidies and incentives are released promptly it would greatly help the industrialists and improve their liquidity. This would further encourage young entrepreneurs to take up New Industries.

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Lessons of management from Vedas and Mahabharata

The Federation of Andhra Pradesh Chamber of Commerce (FAPCCI) and Hyderabad Management Association (HMA) are jointly organized a lecture on “Lessons of management from Vedas and Mahabharata” at Surana Udyog Auditorium, Federation House, FAPCCI, Red Hills, Lakdi-Ka-Pul, Hyderabad.

Renowned scholar of Mahabharata from United Kingdom and Professor from Hamdard University, New Delhi Mr. Abhimanyu R Acharya, gave an exclusive lecture on “lessons of management from Vedas and Mahabharata”.

Mr. Abhimanyu R Acharya explained through seven steps to success based on Vedas and Mahabharata is that – team building skills, management power, strategic alliances, proper delegation, ground realities, self discipline and empower women.

Mr. Abhimanyu R Acharya said that Krishna and Pandavas was an expert in management and they are specialists in understanding the strengths and weakness of the enemy and quality of officers and assigning them the job as per his quality and capability and this quality of how to consult and get opinions from his officers and staff.

Mr. Abhimanyu R Acharya explained a manager should never think that by ceasing the office he is holding, his responsibility will be over. It is not so. He will still have responsibilities even after change of guard. Mr. Abhimanyu categorically said that the present day M.B.A. is an offshoot of Mahabharata, the Indian epic, revered by all. At the end of the session, Mr. Abhimanyu replied to various doubts and queries.

Mr. Shekhar Agarwal, president, FAPCCI, Mr. Naresh Chandra Gelli, President, HMA, Ms. Hema Jain, Secretary, HMA, Mr. B. V. Rama Kumar, Joint Secretary, FAPCCI, Mr. Vijay Vedantam, Convener, HMA and many other businessmen, Industrialists and others participated in the lecture session.

Indian exports worth in Gem & Jewellery sector is Rs. 91,617.53 Crores

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) organized a Workshop on “Prospects and Opportunities of Gem and Jewellery Sector in AP” on Wednesday 24, November 2010 at 10.30 a.m. at Federation House, Red Hills, Hyderabad.

This workshop is focused on the Export potential opportunities in Gem and Jewellery sector, Common Facilities for infrastructure and design development and testing facilities; awareness level about the quality of gold, especially in semi urban and rural areas to identify the prospects for all around development of the sector.

Mr. Shekhar Agarwal, President, FAPCCI welcomed the chief guest Mr. Karikal Valaven, IAS Commissioner of Industries, Mr. Ruban Hobday, Regional Director, Gem & Jewellery Export Promotion Council, Chennai, Mr. Praveen Kumar Agarwal, Secretary, Twin Cities Jewellers Association , Mr. Subba Rao, Member, Managing Committee , FAPCCI and other businessmen and experts in Gem & Jewellery Sector.

President, FAPCCI brought to the notice of Commissioner of Industries that there is need to create more infrastructure facilities like common testing labs, Exclusive gem and jeweler parks and incubation facilities and skills up-gradation programs for the artisans of this sector in the important places like Guntur, Nellore, Kadapa and Visakhapatnam where the traditional designs are being practiced.

Mr. Karikal Valaven stated that the Indian Gems and Jewellery industry is one of the fastest growing segments in the Indian economy with an annual growth rate of over 15%. Gems & Jewellery industry became one of the leading growth oriented sector in India recording an export turnover of around $ 16 Billion during 2008-09, making it a significant foreign exchange earner for the country. The UAE was the largest importer of Gems and Jewellery from India in 2008-09, with a share of 31 per cent. This was followed by Hong Kong and US with 25 per cent and 20 per cent respectively.

This apart, India is the largest of consumer of gold jewellery in the world, accounting for about 20% of world consumption. It is also the largest diamond cutting and polishing center in the world with 60% value share and 92% share of the world market by number of pieces. India is third largest consumer of polished diamonds after USA and Japan.

Coming to Andhra Pradesh, it is emerging as one of the fastest growing centre for Gem & Jewellery industry in India. To cater to the needs of Gems & Jewellery Industry, Government of Andhra Pradesh in joint venture with IOI Corporation Berhand, Malaysia has promoted AP Gems park, one of its uniqiu kind in India to have an exclusive Pearls-Jewellery-Diamond Pavilion having 205 Lakh Sq.ft shopping area. AP Gems and Jewellery Park is poised to be center of the international gems and jewellery industry.

Mr. Ruban Hobday, said that the VAT to be exempted in Andhra Pradesh on exported like in the states of Tamilnadu and Karnataka gem and Jeweler. And he also requested FAPCCI and Government of AP to introduce Best Jewellers Award to encourage more jewelers to come into export market.

Mr. Praveen Kumar Agarwal emphasized the need to protect the small traders in the business as against the large players and multi nationals.

Mr. B.V. Rama Kumar, Joint Secretary, FAPCCI offered vote of thanks.

Certificate Course in “Corporate Governance”

The Federation of Andhra Pradesh Chamber of Commerce (FAPCCI) conducting a certificate course in “Corporate Governance” from December 01-04, 2010, from 4 pm to 6 pm, at JS Krishna Murthy Hall, Federation House, FAPCCI, Red Hills, Lakdi-Ka-Pul, Hyderabad.

The course will cover the back ground of Business management and Ethics, Principles of Good Governance, Corporate Governance, Culture of Corporate governance, Internal Controls& Internal Audits, Board of Directors, Audit committees and disclosures, Company Law Provisions relating to Corporate Governance, GOI’s Corporate Governance Voluntary Guidelines 2009, Desired Code of corporate Governance issued by CII,CG Trends Post Satyam Scam and study of latest CG reports of some leading Indian companies.

This course will be useful to Students pursuing Professional /Management studies, Company Secretaries and Executives involved in Secretarial Functions, General Management, Finance Departments and Entrepreneurs planning to convert their business into Limited Company form, and Corporate Executives, Managing Directors and full time Directors of Micro, Small and Medium Companies.

Candidate desirous of joining the course may contact JR Kumar, Faculty Director on 9885921599; 040 23395515 for registration or E-mail: fapcci.jrkumar@gmail.com, info@fapcci.in.

AP Required Institutional Arbitration Courts

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is organized a awareness program on “Arbitration & Carbon Credit” on Tuesday 23, November 2010 at 4.00 p.m. at Federation House, Red Hills, Hyderabad.

This workshop is focused on the commercial and economical laws and institutional arbitration courts and Carbon Credit issues.

The president of FAPCCI Mr. Shekhar Agarwal welcomes the Chairman of CECL & WTO Mr. Rajkumar S. Adukia and eminent other experts in Chartered Accountancy. He stated that the Principle mechanism for the dispute settlement has been the judiciary as the third estate of the State. The judiciary became the fountain source of justice to the common man. But over a period of time judiciary came to be a over-burdened with ever increasing volume of adjudicative work because of phenomenal increase in the volume of court cases and greater legal consciousness of people with new areas of litigation of civil and criminal nature in the areas of Taxation, Services, consumer protection, family disputes, accident claims, intellectual property, health care and so on. Justice was increasingly becoming too expensive and too time consuming for the common man.

The Chairman, Committee on Economic, Commercial Laws & WTO Mr. Rajkumar S. Adukia stated on the institutional arbitration courts required for the state of Andhra Pradesh to resolve industrial and economical cases are pending from many years in state courts as well as national courts. The arbitration is a process of dispute resolution in which nominated as third party renders a decision after hearing at which both parties.

Mr. Rajkumar S. Adukia, also spoke on Carbon Credit and global warming issues.

Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI offered vote of thanks.

Mr. Venkatesham, from Committee on Economic, Commercial Laws and Mr. Suraja Prasad Agarwal, Past President, FAPCCI also participated in the program.

Indo-Netherlands Business Delegates Meet

The Chamber of Commerce of Limburg Province (Netherlands) and FAPCCI are jointly organized a Indo-Netherland business delegates meet on “Indo-Netherlands Trade” at Surana Udyog Auditorium, Red Hills, Hyderabad.

Mr.Arend Assink, Chamber of Commerce of Limburg Province (Netherlands) informed that Limburg is a Belgian province located in North-East Belgium within the border with the Netherlands and Germany. Limburg stretched away on almost 2 422 square kilometers and contains all the best possibilities for investors, tourists, visitors and people who are simply enjoying their life by living here in Limburg. Limburg represents unique and attractive region for doing business; after economical crisis in 1970s it becomes a place with dynamic growth of the Industry and Economy mostly caused by Small and Medium Enterprises which nowadays are the most important in the region. Various international companies are located in Limburg e.g. Ford, Essers, Ikea Distribution Benelux, Arcelor Mittal Stainless Belgium and Tessenderlo Chemie. The main industrial sectors are Automotive, Chemicals, Logistics and Distribution, Construction.

Mrs. Dreesen Cathérine, Voka-Chamber of Commerce Limburg (Belgium) stated that Voka has creatd the best possible environment for successful entrepreneurship, and contributing to the prosperity and well-being of this region in a fundamental way. Voka Chambers of Commerce Flanders has 17.500 member companies spread over 8 Chambers in Flanders.

Ms.Phaedra Veenendaal, Embassy of the Kingdom of the Netherlands mentioned that the Netherlands companies are looking to develop business relations particularly in shipping, cargo and T Shirt manufacturing, clothing, tiles and bricks, ceramic and bakery products. The Netherlands business companies are interested to work with South Indian Architects, Contractors, Importers, Distributors, and Wholesalers for their projects.

Earlier, welcoming the guests, Mr. Srinivas Ayyadevara, Chairman, International Trade Committee, FAPCCI stated that Netherlands is one of the most developed economies in the world and is commonly known as the ‘Gateway to Europe’. Trade relations between India and the Netherlands go back as long as 400 years. Netherlands is the 5th largest investor in India and has worked closely and effectively with India in multilateral trade and within the European Union. India, in turn, is also a strong supporter of the Netherlands, being one of the largest recipients of Indian investments abroad. India exports mineral fuels, oils, apparel, organic chemicals and fruits to Netherlands and the imports from Netherlands included; iron and steel, plastic articles and electrical machinery.

The meeting ended with vote of thanks proposed by Mr. C.V. Hariharan, Co-Chairman, International Trade Committee, FAPCCI.

National Seminar on “Intellectual Property Rights”

The International Association for the Protection of Intellectual Property and in partnership with FAPCCI are jointly organized a National Seminar on “Windows to Current Concepts on Intellectual Property Rights” on Friday 19, November 2010 at 9.00 a.m. at Hotel Taj Krishna, Banjara Hills, Hyderabad.

This national seminar is focused on the protection of intellectual property like Trade works, Copy rights, Piracy and Parent’s related matters. Eminent legal organizations from reputed legal organizations of Germany, France, Malaysia and India gave their presentations on the valued aspects of intellectual property rights and its protection and how to avoid litigations.

The president of FAPCCI Mr. Shekhar Agarwal welcomes the representative of AIPPI Mr Stephan Freischem and eminent legal experts in patent law. He said the FAPCCI is honor the share the platform and promote the international event in Hyderabad in October 2011. He also emphasized this seminar as timely and need based. The seminar would not only open the doors but through open the doors to enlighten and equip the legal protectionist and their clients the right protection of intellectual property and the emerging trends in global scenario. This cross border trade in this competitive world requires strong harnessing with wide spread averseness and knowledge.

The secretary general Mr. Stephen Freischem spoke on the history of AIPPI, origin, growth and strength over the years and how this organization have many counterparts all over the world represented by eminent lowers and attorneys.

Ms. Karen Abraham, Partner – Shearn Delamore & Co, Malaysia spoke on logo values and its protection.

Mr Praveen Anand, from Anand and Anand, New Delhi let the Indian a delegation and spoke on the importance of patenting rights in the field of science and technology, which is both innovative and unique besides being lucrative to monitory gains.

Dr. G.B. Reddy addressed on the revolution in knowledge, which are the brain power which govern the future of every country.

Professor T.N. Daruwala spoke on the genuineness of use of trade marks for maintain in protection. He cited several precedent cases in Mumbai and at the high court.

Mr. Amarjith Singh Monga, and Mr. Hemanth Singh spoke on the exception to copyright protection and current litigation trends respectively.

Mr. D. Venkat Reddy spoke on brand values and its protection.

Mr. Stephen spoke about the problems in European Union and European patent office. While the various regulations are making people direct to their national offices away from.

Mr Manoj Menda and Mr. Ashok Ram Kumar highlighted the protection of such rights for the digital world, which is now the main medium of communication all over the world including the film and TV media and internet.

Mr. Amarjit Singh Monga proposed a vote of thanks and loaded the efforts made to conduct the seminar and how he anticipated the results of the preparation for international seminal In Hyderabad in October 2011.

Mr. Challa Kodanda Ram, Chairman, Taxation & Legal Sector, FAPCCI spoke on "AIPPI Forum & ExCo 2011".

Training Program on Export Import Marketing

The International Institute of Foreign Trade (IIFT) and The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) jointly organized “Export Import Marketing: Procedure and Documentation” and the same was inaugurated at Surana Auditorium, Red Hills, Hyderabad today by the Dr. Rakesh Mohan Joshi, Chairperson, IIFT, in presence of Dr. Ram Singh, Professor, IIFT, Dr. S.K. Rao, Administrator, IIFT and Mr. Shekhar Agarwal, President, FAPCCI, Mr. Srinivas Ayyadevara, Chairman, International Trade & Relations Committee, Mr. M.V. Rajeshwara Rao, Secretary General, and attracted a large number of participants.

Dr. Rakesh Mohan Joshi said in his speech that the cultural globalization in India is very strong. India has strong in intellectual, trade, political and administrative classes, so overall development in India settled at nearly 9% to 10% GDP rate on globalization, but the US have only 2%. 200 years ago in a Moghal emperor’s time Indian trade was very strong and the present situation Indian trade has been developed equivalent to that off Moghal emperor’s time.

Mr. Shekhar Agarwal said in his welcome address that the Ministry of Commerce and Industry’s target for achieving exports of $200 billion by the end of this financial year can easily be achieved. Exports in September stood at $103 billion as against $81billion in the previous year, showing an average growth of 27.6%.”

Mr. Srinivas Ayyadevara said that India’s exports during September, 2010 were valued at US $ 18023 million (Rs. 83018 crore) which was 23.2 per cent higher in Dollar terms (17.2 per cent higher in Rupee terms) than the level of US $ 14624 million (Rs.70838 crore) during September, 2009. India’s imports during September, 2010 were valued at US $ 27141 million (Rs.125018 crore) representing a growth of 26.1 per cent in Dollar terms (19.9 per cent in Rupee terms) over the level of imports valued at US $ 21527 million (Rs. 104275 crore) in September, 2009.

Dr. Ram Singh, Professor, IIFT, Dr. S.K. Rao, Administrator, IIFT where the main speakers at the Export and Import Marketing training program.

Mr. M.V. Rajeshwara Rao welcomed the guests and felt that it was an honor that the training program had an eminent personality Dr. Rakesh Mohan Joshi to inaugurate the program.

Business Interactive Meet with Victoria state of Australia

The officials of state of Victoria, Australia and FAPCCI delegates organized a business interactive meet on “Business Interactive Meet with Victoria state of Australia” was inaugurated at FAPCCI Building, Red Hills, Hyderabad today by the Mr. Geoferry Conaghan, Trade Commissioner to India in presence of Australian investment manager Mr. Nik Guruprasad, and Mr. Shekhar Agarwal, President, FAPCCI, Mr. Srinivas Ayyadevara, Chairman, International Trade & Relations Committee, Mr. M.V. Rajeshwara Rao, Secretary General and other media persons.

Indo-China Trade Meet @ FAPCCI

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) organized a Trade meeting with Chinese Ambassador and team on November, 12 2010, on “Indo-China Trade Meet”, at Surana Udyog Auditorium, Federation House, Red Hills, Hyderabad.

Mr. Zhang Yan, Ambassador Extra-Ordinary and Plenipotentiary of the Peoples Republic of China was the Chief Guest. H.E. Mme Chen Wangxia, Ambassador, Sri Sekhar Agarwal, President, FAPCCI, Sri V. S. Raju, Sr. Vice President, FAPCCI, Sri Devendra Surana, Vice President, FAPCCI, Sri M V Rajeshwara Rao, Secretary General, Sri Srinivas Ayyadevara, Chairman , International Trade, and many other businessmen, industrialists and others participated in the said Press Meet.

Mr. Zhang in his opening remark said that they were very happy to have visited FAPCCI and for meeting group of business people in Hyderabad. He hoped that his visit will promote a mutual understanding and establish contacts and also promote cooperation between China and India. India and China are the two emerging economic powers. He further said that not only they are developing their economy and living standard of their people but are also contributing to world recovery from the financial crisis which is still lingering. For this, both the countries have to work together to keep up the momentum. Both the countries have strong areas by which we can provide service to the world by complementing each other. India is strong in software and China in hardware. If we cooperate, we can be a great power. In the last ten years, our business has grown up from 2.9 billion USD to 51.7 billion USD in 2008; nearly 20 times increase in less than 10 years. The bilateral trade between India and China reached USD 45 billion during the past 9 months and he hoped the same will go up to 60 billion USD during the year. He also made a mention about Hyderabad being a hub for I.T., pharmaceutical and research. Finally, he said that his embassy will provide all the help and assistance to Indian business people for setting up business ties with China.

Mr. Sekhar Agarwal, President, FAPCCI, welcoming the H.E. Mr. Zhang Yan, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to India and H.E. Mme. Chen Wangxia, said opening of China Week in Hyderabad would pave way for building further strong relations between two countries. The economic and diplomatic importance of China and India has in recent years increased the significance of their bilateral relationship. China is now India’s second largest trading partner. Sri Agarwal said FAPCCI is very keen on promoting and developing Andhra Pradesh’s economic cooperation with China. He was sure that this meeting will give an opportunity the businessmen to know the development taking place in both the countries and the scope of establishing business co-operation, joint-ventures, technology import and/or making investment in China.

Training Course in Export Import Marketing

The Indian Institute of Foreign Trade (IIFT) and Federation of Andhra Pradesh Chamber of Commerce (FAPCCI) are jointly organizing a three Days Training Program on 'Export Import Marketing: Procedure and Documentation' from 15th to 17th November, 2010 at 9.30 a.m. at Surana Udyog Auditorium, Federation House, Red Hills, Lakdi-Ka-Pul, Hyderabad.

The aim of the program is to equip the participants with knowledge of getting started in foreign trade; international marketing opportunities; export procedure and documentation; export import finance and procedure of availing benefits/incentives under various government schemes.

Esteemed Professor Dr. R M Joshi, Chairperson, MDP, IIFT, Prof. Harkirat Singh, an established stalwart in the areas of Export Import Finance; FEMA Rules; Letter of Credit, Currency Risk Management has agreed to deliver lectures during the program. Prof. Joshi & Singh are highly sought out professors in Industry and regular Speakers to program in relevant areas in Middle East; Africa and South East Asia.

Candidate desirous of joining the course may contact R. Kulkarni, Deputy Secretary on 98482 86640, 92468 00359; 040 23395515 for registration or E-mail: kulkarni@fapcci.in, info@fapcci.in.

Obama’s Visit – Strategic and Economic Significance

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) organized a Press Meet on “Obama’s Visit – Strategic and Economic Significance” on November 9, 2010 at 5.00 P.M. at Surana Udyog Auditorium, Federation House, Red Hills, Hyderabad.

Dr. S. K. Rao and Dr. R. Srinivasan, alongwith Mr. Shekhar Agarwal, President, FAPCCI, Mr. V. S. Raju, Senior Vice Presidnet, FAPCCI, Mr. M. V. Rajeshwara Rao, Secretary General, FAPCCI and Mr. V.V. Sanyasi Rao, Chairman, Rural Development & Consumer Relations Committee, participated in the said press meet.

The significance of Obama’s visit to Andhra Pradesh is that it will benefit the I.T. Sector, Pharmaceutical/Bulk Drug Industry, Agricultural Sector, Monsoon forecasting with the availability of the latest technology relating to the above industries. By lifting of sanctions, defense production will increase and subsequently business opportunities for DRDO, ISRO & DRDL and other such defense organizations in Andhra Pradesh and also all over the country. U.S. will cooperate with India in the green revolution and for making available latest technology available for monsoon forecasting.

U.S. will support India in becoming a permanent member of U. N. Security Council. It will also support India for membership in multilateral export control regimes such as the Nuclear Suppliers’ Group.

China is a big dictatorship and a threat to U.S. Since both U.S. and India have democratic set up, to counter it, U.S. will join hands with India. With this visit, Indo US trade volumes will go up. The consensus of the speakers was that the visit by Mr. Barack Obama, President of U.S. is of utmost importance and FAPCCI was appreciative of initiative taken by the President Obama in having more business with India.

Labour Certificate Registration & Renewal Mela

Business Interactive Meet With Western Australia

The Western Australia and India’s “Twin Country Business Interactive Meet” was inaugurated at Taj Banjara, Banjara Hills, Hyderabad today by the Hon. Dr. Kim Hames, Minister for Health, Govt. of Western Australia, in presence of Western Australia delegates Mr. Philip Aylward, CEO, Child & Adult Health Service, Dept of Health, Mr. Melinda Hays, Principal Policy Advisor, Mr. David Holly, Consul General, Australian Consulate General, Mr. Peter Forby, Regional Director, Western Australian Trade Office, India and Mr. Shekhar Agarwal, President, FAPCCI, Mr. V.S. Raju, Sr. Vice President, FAPCCI, Mr. Devendra Surana, Vice President, FAPCCI, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI and FAPCCI CEO Forum members, past presidents.

Dr. Kim Hames, explained the Western Australia’s business relations with India for the past two decades. Dr. Kim invited entrepreneurs to invest in medical and hospital sector in Western Australia.

Dr. Kim expressed Western Australia’s interest to develop win win situations in two countries business relations and strengthen healthy friendly relation between India and Western Australia.

Mr. David Holly informed to the CEO Forum, that they are very shortly opening their Consulate General Office in Hyderabad.

Mr. Shekar Agarwal, in his welcome address said that in 2009, the two-way trade was worth over USD 20 billion, more than double of what was in 2005 (USD 9.8 USD). India is destination for 5.3 per cent of Australia's exports, while the former ships only 0.5 per cent of its total exports to the latter. In 2009, Australia welcomed 124,800 tourists from India and there are presently more than 120,000 Indian students enrolled in various Australian educational institutions. There is considerable scope for development in India Australia trade relations.

Mr. Peter Forby, Mr. Philip Aylward also participated in interactive session.

Mr. M.V. Rajeshwara Rao welcomed the guests and felt that it was an honor that interactive business meet had an eminent personality Hon. Dr. Kim Hames to inaugurate the meet.

Mr. Devendra Surana offered vote of thanks.