Thursday, January 26, 2012

Republic Day celebrations at FAPCCI

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) celebrated 63rd Republic Day celebrations at FAPCCI on 26th January 2012. Mr. V.S. Raju, President, FAPCCI hoisted the flag on this occasion. Mr. Arun Kumar Dukkipati, Chairman, HR & IR Committee, Mr. Meela Jayadev, Chairman, Indirect Taxes Committee, Mr. Nitin K Parkh, Chairman, Trade and Commerce Committee, Mr. Anil Reddy, Chairman, Energy Committee, Dr. Ashok Kedia, Chairman, Youth Services Committee, Mr. Hari Govind Prasad, Chairman, Corporate Affairs Committee, Mr. V.V. Sanyasi Rao, Chairman, Rural Development Committee, Mr. Hari Haran, Co-Chairman, International Trade relations Committee, Mr. M.V. Rajeshwara Rao, Secretary General, Mr. A.S. Kumar, Deputy Secretary General, FAPCCI were also present.

Mr. V.S. Raju while speaking on this occasion - emphasized that unity in diversity is the strength of Indian Nation. While undergoing difficult times the country could come out with flying colors, and show the whole world about the democratic strength of India.

Mr. Raju appreciated that the Partnership Summit organized by Government of Andhra Pradesh was a "big success"; He said that the State had got a good response from both national and international entrepreneurs. The State has received as many as 243 investment proposals involving Rs. 6.47 lakh crore to set up industries in the State of Andhra Pradesh.

On behalf of FAPCCI he also congratulated all the Padmba Vibhooshan, Padmabhushan and Padmasree award winners.

Wednesday, January 25, 2012

Economic Vision and Andhra Pradesh State Budget 2012-2013

The Federation of Andhra Pradesh Chambers of Commerce & Industry organized a Round table Conference on “Economic Vision and Andhra Pradesh State Budget 2012-2013 on 24th January 2012 at JSK Auditorium, Red Hills, Hyderabad. Dr. M. Goplala Krishna, IAS (Retd), Economist was the chief guest for the occasion.

Mr. V.S. Raju, President, FAPCCI, Dr. Subrahmanyam, Director, Indian Institute of Economics, Mr. D.V.V.S. Varma, Working President, Lok Satta Party, Mr. V.S. Raju, President, FAPCCI, Mr. A.P.K. Reddy, President, FAPSIA, Mr. Prashanth Reddy, Chief of Bureau, Business Standard, Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. M.M. Srirama Murthy, Chairman, Industrial Development Committee, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI and Mr. A.S. Kumar, Deputy Secretary General, FAPCCI are the other speakers at the occasion.

FAPCCI delegates visited Iran Embassy

A meeting was held on 23rd Jan 2012 with the His Excellency Mr. Mahmoud Safari Farkhud the Consul General of Iran by the members of FAPCCI delegation who have participated in the “Iran Investment Summit held at Tehran – Iran” during 23rd- 24th November 2011. The delegation to Iran was led by Mr. V.S. Raju, President FAPCCI, Mr. Shyam Sunder Pasari, MC Member & Chairman International Committee FAPCCI was the Co-leader of the delegation.

The group consisting of Mr. Hariharan, Member & Co-Chairman -International Trade Committee, Mr. Hari Govind Prasad, MC Member & Chairman- Corporate Affairs Committe, Mr. Radha Krishan Agarwal, MC Member & Co-Chairman -Tourism Committee, Mr. P. Prem Kumar MC Member & Co-Chairman- Urban Infrastuructre committee, Mr. S.I. Khaleel- Member, Mr. P.M.K. Rao -Member, Mr. P. Srinivas Reddy, Member, Mr. T. Uday Bhaskara Rao, Member, Mr. Gayam Raja, Member, Mr. M. Sesha Sai, Member, Mr. A.S.Kumar, Dy. Secretary General, of FAPCCI visited Iran Embassy Hyderabad on 23rd Jan 2012 and conveyed their appreciation and sincere thanks to the Consul General for facilitating their visit to Tehran and also for the co-operation extended and hospitality shown to them during their visit. Later the members briefed the Consul General about the business interactions done during the B2 meetings in the Iran Summit with specific reference to areas like Urban Construction, Mining, Cement, Automobiles, Renewable Energy Systems, Technical Consultancy Services for Rehabilitation of Highway Bridges, Infrastructure Facilities etc. They have also requested the Consul General for simplifying the procedures regarding issue of Multiple Visa’s and providing facilitating centers for business in Tehran, Banking and invoice systems etc., which will help in promoting business with Iran. The Consul General assured the delegation that he will look into the matters.

On behalf of the FAPCCI delegation, Mr. A.S. Kumar Deputy Secretary General, FAPCCI conveyed thanks to the Consul General and also Mr Niroomand Sr. PRO, Iran Embassy, Hyderabad for co-ordinating the meeting successfully.

Thursday, January 19, 2012

Sustainable Waste Management Plan is mandatory for industrialization

The Federation of Andhra Pradesh Chambers of Commerce & Industry in association with PUM Netherlands senior experts organized a Seminar on “Domestic and Industrial Waste Management on 19thJanuary 2012 at O.P. Tibrewala Boardroom, Federation House, Red Hills, Hyderabad. Mr. Ton Van der Giessen, senior consultant from PUM Netherlands senior experts was the chief guest for the occasion.


Mr. V.S. Raju, President, FAPCCI, Mr. Shyam Sunder Pasari, Chairman, International Trade Committee,Mr. Willy Vloet, consultant from PUM Netherlands senior experts and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI are the other speakers at the occasion.

Mr. Ton Van der Giessen said that the Environmental pollution is the major problem associated with rapid industrialization, urbanization and rise in living standards of people. For developing countries, industrialization was must and still this activity very much demands to build self reliant and in uplifting nation’s economy. However, industrialization on the other hand has also caused serious problems relating to environmental pollution.

Therefore, wastes seem to be a by-product of growth. The country like India cans ill afford to lose them as sheer waste. On the other hand, with increasing demand for raw materials for industrial production, the non-renewable resources are dwindling day-by-day. Therefore, efforts are to be made for controlling pollution arising out of the disposal of wastes by conversion of these unwanted wastes into utilizable raw

materials for various beneficial uses. The problems relating to disposal of industrial solid waste are associated with lack of infrastructural facilities and negligence of industries to take proper safeguards.

Mr. V.S. Raju said in his welcome address is that the Ministry of Labor and Employment, Government of India proposes to amend the Factories Act, 1948. In view of the latest Amendments and compliance requirements, FAPCCI is organizing this interactive program with Department of Factories, Government of A.P to create awareness on the subject changes proposed by the central Government.

Mr. Willy Vloet said about expert in designing and development of automotive and industrial freezing systems.

Wednesday, January 11, 2012

Factories Act 1948 provide safety measures & welfare to the workers

The Federation of Andhra Pradesh Chambers of Commerce & Industry in association with Directorate of Factories, Government of Andhra Pradesh organized a Seminar on “Amendments to FACTORIES ACT, 1948 and compliance Requirements on 10th January 2012 at Surana Udyog Auditorium, Red Hills, Hyderabad. Mr. G. Bala Kishore, Director of Factories, Govt of A.P was the chief guest for the occasion.

Mr. V.S. Raju, President, FAPCCI, Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Ch. Kishan, Joint Chief Inspector of Factories, Mr. A. Balaji Sridhar, Joint Chief Inspector of Factories, Mr. V. Kumar, Co Chairman HR & IR Committee, FAPCCI and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI are the other speakers at the occasion.

Mr. G. Bala Kishore said that the Factories Act 1948 has been promulgated, primarily to provide safety measures and to promote the health and welfare of workers employed in factories. The Act is applicable to all Factories, including those belonging to the Central Government or any State Government, unless otherwise provided and is enforceable by the State Govts/ UTs through its Directorate/Inspectorate of Factories. Undoubtedly, the Factories Act imposes numerous restrictions upon the employers to secure to the workers adequate safeguards, for their health and physical wellbeing. But imposition of these restrictions cannot be regarded as unreasonable, in context of modern out-look on Industrial Relations.

Mr. V.S. Raju said in his welcome address is that the Ministry of Labor and Employment, Government of India proposes to amend the Factories Act, 1948. In view of the latest Amendments and compliance requirements, FAPCCI is organizing this interactive program with Department of Factories, Government of A.P to create awareness on the subject changes proposed by the central Government.

Mr. V. Kumar said that - the Federation of Andhra Pradesh Chamber of Commerce and Industries (FAPCCI) perused the Proposed Amendment of Factories Act and submitted the objections Section 2 c (b) – Hazarder Process, Section 2 c (c): Hazarder Substance, Section 2 N: Occupier, Section 92: Canteens, Annual Leave with Wages, and Section 104A of factories act for the Proposed Amendment in the interest of Industry and the Business.

Wednesday, January 4, 2012

Peak hour power cuts removed for industrial development areas

Media Release

Peak hour power cuts removed for industrial development areas in and around Hyderabad

On representation to the Dr. Jawahar Reddy, Secretary to Hon’ble Chief Minister, looking after industry and power & Mr. Ajay Jain, CMD, APTRANSCO by a coordination committee consisting Mr. V.S. Raju, President, Mr. Srirama Murthy, Chairman, Industrial Development Committee, Mr. V. Anil Reddy, Chairman, Energy Committee, Mr. M.V. Rajeshwara Rao, Secretary General and Mr. Akheel, Secretary, Federation of IALAS DISCOMS have decided to withdraw power cuts from 6.30 to 10.30 pm every day with immediate effect and maintain one power holiday (weekly holiday) per week.

A coordination committee consisting of Mr. V.S. Raju, President, Mr. Srirama Murthy, Chairman, Industrial Development Committee, Mr. V. Anil Reddy, Chairman, Energy Committee, Mr. M.V. Rajeshwara Rao, Secretary General and Mr. Akheel, Secretary, Federation of IALAS called on Dr. Jawahar Reddy, Secretary to Chief Minister and represented to him the serious problems industry has been facing on account of power cuts. Though power cuts are reduced from two days to one day, there are still power cuts during peak hours of 6.30 pm to 10.30 pm and impressed upon him that lakhs of micro & small industries (MSMEs) are on the verge of becoming sick due to power cuts. They face the problem of defaulting loan installments to banks. The medium & large industries are incurring huge losses due to loss of production and customer dissatisfaction.

Dr. Jawahar Reddy requested Mr. Ajay Jain, CMD, APTRANSCO to brief the delegation members the prevailing power situation. Mr. Jain told that they have already reduced the power cuts from two days to one day, but power cuts during the peak hours of 6.30 pm to 10.30 pm will continue. But the representatives told the officials that the MSMEs cannot afford to have these peak hour power cuts as many of them operate in two shifts and peak hour power cuts drastically reduce their operating hours hence suffer huge production losses. They, therefore, requested the officials to remove these power cuts altogether by careful micro management of the available power cuts during peak hours could be removed.

The delegation members also told that some of the large & medium industries cannot function with 70% power limit. There are continuous process industries which require not only full quota of power to operate but also cannot withstand intermittent power cuts and hence there is a need to consider their difficulties. Later in the day on detailed discussions and careful review of the power availability situation to the satisfaction of the delegation members, Mr. Ajay Jain, CMD, APTRANSCO and Mr. Annatha Ramu, CMD, CPDCL have decided to withdraw peak hour power cuts between 6.30 pm to 10.30 pm for the industrial development areas in and around Hyderabad. This relief is given with immediate effect from today and shall be in effect provided no unexpected breakdown of power plants takes place till February end.

As far as power supply in March and April months is concerned, the demand –supply position will be reviewed after few weeks and appropriate reliefs may be given then. The DISCOMES are also planning to buy expensive power and supply to large & medium industries who would be willing to buy and who have dedicated/express feeders.

A coordination committee formed among all industrial apex bodies, product associations like FAPCCI, CII, FAPSIA, Elip, Ferro Allais and IALAS etc.

Chief Minister launched FAPCCI ‘Facebook”

The Hon’ble Chief Minister Mr. N. Kiran Kumar Reddy have launched the FAPCCI’s “Facebook” account today at his camp office. Mr. V.S Raju, President, Mr. Devendra Surana, Senior Vice President, Mr. V.V. Sanyasi Rao, Chairman, Rural Development Committee, Mr. M.V. Rajeshwara Rao, Secretary General and Mr. Venkat, Assistant Director from FAPCCI have participated in this launching program.