New provisions in Electronic Challan cum Return: Mr. M. Narayanappa, Commissioner – I, EPFO

 The Federation of Andhra Pradesh Chambers of Commerce & Industry in association with Employees Provident Fund Organization, India organized an awareness program on “Introduction of Electronic Challan – Cum - Return (ECR)” on 30th May 2012 at Federation House, Red Hills, Hyderabad.  Mr. M. Narayanappa, Regional Provident Fund Commissioner – I, EPFO was the chief guest for this occasion.

Mr. V.S. Raju, President, FAPCCI, Mr. D Arun Kumar, Chairman, HR & IR Committee, FAPCCI, Mr. M. V. Rajeshwara Rao, Secretary General, FAPCCI have the other speakers at the occasion. 

Mr. M. Narayanappa said that the Electronic Challan cum Return brings an opportunity for the employers to file their returns online from anywhere anytime with a click of a mouse. The hassles of preparing various monthly and annual paper returns and visiting the EPFO Offices for submitting them has become things of past. The exempted establishments also enjoy the same facility as they are also free from those shackles of various paper returns. EPFO offices are relieved off from manually entering those returns in the system to update the information and making several communications in case of mistakes or deficiencies in the paper returns. The on line returns are uploaded in the system to update the information automatically. 

AP being ranked first in the manufacturing of bulk drugs: Mr. M. Gopinath, ITS

 Jessubhai Media in association with FAPCCI organized an Business Networking Meet on ‘ChemTECH World Expo 2013’ on 25th May 2012 at Federation House, Red Hills, Hyderabad. Mr. M. Gopinath, ITS., Regional Joint Director General of Foreign Trade  was the Chief Guest for this occasion.

Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Chakravarthi, AVPS, Chairman, IIP, Hyderabad, Dr. P.V. Appaji, Director General, Pharmaceutical Export Promotion Council, Dr. P. Khadgapathi, President, Hetero Drugs and Vice President and Chairman of Industry Pharmacy Division of The Indian Pharmaceutical Association, Ms. Mittravinda Ranjan, Editor, Jasubhai Media, Chemtech Secretariat, Mr.  Srinivas Ayyadevara, Vice President, FAPCCI and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI was the other key speakers at the occasion.

Mr. M. Gopinath, ITS said in his chief guest address is that the India's pharmaceutical sector is gaining its position as a global leader. The pharma market in India is expected to touch US$ 74 billion in sales by 2020 from the current US$ 11 billion, according to a private research house report.  The drugs and pharmaceuticals sector attracted foreign direct investments (FDI) worth US$ 9,173.50 million between April 2000 to February 2012.

Andhra Pradesh, being ranked first in the manufacturing of bulk drugs and third in formulations in the country, accounts for 40 per cent of the total Indian bulk drug production and 50 per cent of the bulk drug exports.  Andhra Pradesh with the Central Govt. is promoting a pharma cluster with Rs 66.16 crore at the Petroleum, Chemicals, Petrochemical Investment Region covering East Godavari and Vizag Mr. M. Gopinath said. 


Mr. Devendra Surana welcomed the dignitaries and said that Indian Pharmaceutical industry has seen a healthy growth of CAGR of about 12 per cent in the last 5 years and expected to maintain a strong growth momentum in the years to come. Petrochemicals form around 22 percent of the India's total chemical production and this segment has witnessed phenomenal growth in the past last decade. Andhra Pradesh has emerged as the most preferred destination for investment among other states. AP is a hub for pharma and biotech companies because of the vast number of research institutes has worked well for the state as it has managed to draw several international and domestic companies to set up their base.

Mr. Chakravarthi, AVPS, Chairman, IIP spoke that - more than 1/3rd of US FDA approvals are from India, Indian Pharma industry is emerging as a major generic player in the global market. Hyderabad, being the Pharma capital of india plays major role, both in formulations and bulk drug industry. The exports of formulations is having a compounded annual growth of more than 21%. Also by 2015, about 150billion USD worth of drugs are set to lose exclusive patents. Indian companies, being self disciplined and the cost of manufacturing is relatively low, this is the right time for exploring this opportunity.

Usually major Pharma companies spent huge expenditure on R&D (as much as 20% of revenues). For Indian companies, of course it's an uphill task to catch up, yet they need to find different ways to be on the global arena. It's ideal to have a launch function of Chemtech show and conferences at Hyderabad and it's a big opportunity for the current and potential entrepreneurs from Andhra Pradesh to actively participate and get benefited. 

The ‘ChemTECH World Expo 2013’ to be held in Mumbai from January 15-18, 2013 Ms Mittravinda Ranjan, Editor, Jasubhai Media, Chemtech Secretariat said. The expo will display 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.  Various National and International Associations have confirmed their support to the event for delegation & pavilions she said.

Interactive Meeting on “Business Opportunities in South Africa”

IBG India in association with Zurcom International (Pty) Ltd, South Africa, Council of Great Lake Governors in South Africa & FAPCCI organized an Interactive Meeting with Mr. Richard Zurba, Director, Zurcom International (Pty) Ltd., Managing Director, Council of Great Lake Governors in South Africa., Senior Partner and Coordinator for IBG on “Business Opportunities in South Africa” on 24th May 2012 at Federation House, Red Hills, Hyderabad.

Mr. V.S. Raju, President, FAPCCI, Ms. Sushama Kanetkar, India Coordinator, IBG India, Mr. Shyam Sundar Pasari, Chirman, International Trade Relations Committee, FAPCCI and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI have the other speakers at the occasion.
 

Mr. Richard Zurba said that the South Africa set new investment records last year, with its private equity funds growing to R103 billion, or 3.2 percent of its gross domestic product (GDP), compared to the global average of 2.7 percent.

Private investors are taking a chance on South African start-ups, especially in Internet related industries. However, investors are finding great opportunities to fund a wide range of start-ups, such as businesses specializing in healthcare, crafts and communications technology. There has also been a movement to invest in “green” businesses, like renewable energy and sustainable technologies.

The Tourism Enterprise Partnership was established in 2008 to facilitate the World Cup and the growth and development of the small, medium and micro enterprises (SMMEs) in the tourism sector, such as boutique hotels, restaurants, crafters and entertainment facilities.

South Africa also has a growing film industry. With its beautiful landscapes and low production costs - 40 percent less than in Europe and the US; 20 percent less than in Australia.

Interactive Meeting on “Customs, Central Excise & Service Tax problems”

The Federation of Andhra Pradesh Chambers of Commerce & Industry organized an interactive meeting on ‘Interactive Meeting on “Customs, Central Excise & Service Tax problems” With Commissioners of Customs, Central Excise & Service Tax’s on 23^rd May 2012 at JS Krishna Moorthy Auditorium, Red Hills, Hyderabad. Mr. Ashok, IRS, Commissioner of Customs, Central Excise & Service Tax, Hyderabad-I Commissionerate, Hyd, Mr. P.N. Rao, IRS, Commissioner of Customs, Central Excise & Service Tax, Hyderabad-II Commissionerate, Hyd, Ms. Padmavathi, Assistant Commissioner of Customs, Central Excise & Service Tax, Hyderabad-III Commissionerate, Hyd, Mr. G.V. Krishna Rao, IRS, Commissioner of Customs, Central Excise & Service Tax, Hyderabad-IV Commissionerate, Hyd and was the key speakers at the interactive meeting. The meeting was mainly focused on procedural / technical problems faced by Trade and Industry pertaining to Customs, Central Excise and Service Tax.

Mr. P.N. Rao, IRS, Commissioner of Customs, Central Excise & Service Tax, in his address expressed his happiness to interact with Trade & Industry. He broadly explained the Point of Taxation Rules, Place of Provision of Service Rules, Negative List of Services. He clarified number of doubts raised by members.

Mr. V.S. Raju, President, FAPCCI in his welcome address requested the Commissioner to endorse to CBEC to speed up the matter of setting up of CESTAT at Hyderabad as already requested by A.P. Government to Government of India.

Mr. Devendra Surana, Senior Vice President, FAPCCI requested the Commissioner to allow import of Non-Ferrous Scrap at ICD Hyderabad, as there are many users in Hyderabad and surrounding areas who use non-ferrous scrap. These people have to clear their imports at Chennai or Mumbai incurring huge expenditure and difficulty.

Mr. Meela Jayadev, Chairman- Indirect Taxes Committee, FAPCCI in his introductory remarks brought to the notice of the Commissioner that after filling of e-returns, the officers are insisting on filing of hard copy, it is causing inconvenience to dealers and also contrary to the e-initiatives.

The Meeting was attended by cross section of people. 

India & Australia bilateral trade growing with 23.4 per cent per annum

 The Australian Consulate in association with The Federation of Andhra Pradesh Chambers of Commerce & Industry and Greater Hyderabad Municipal Corporation (GHMC) organized a Seminar on ‘Opportunities for Bilateral Trade and Investment in Australia’ on 22nd May 2012 at Surana Udyog Auditorium, Red Hills, Hyderabad. Mr. Mohammad Majid Hussain, Hon’ble Mayor, Greater Hyderabad Municipal Corporation (GHMC) was the Chief Guest and Mr. Michael Carter, Consul Commercial & Trade Commissioner (South India), Australian Consulate was the guest of honour for this session.

Mr. V.S. Raju, President, FAPCCI, Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Jaffer Hussain, Former Deputy Mayor, GHMC, Ms. Ayesha Rubina, Corporator, GHMC, Mr. Shyam Sunder Pasari, Chairman, International Trade Committee, FAPCCI, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI, Mr. Srinivas Ayyadevara, Vice President, FAPCCI, are the speakers at the occasion.
I Am Inviting the Investors into Education, Research, Professional Exchange, Engineering & Medical sectors. The India and Australia was very strong in educational trade, both the countries have more than 20 potential MOU’s between India and Australia Mr. Michael Carter said. 

 Mr. Mohammad Majid Hussain, Hon’ble Mayor, Greater Hyderabad Municipal Corporation (GHMC) said in his key note address is that the trading relationship between India and Australia, fuelled by the many complementarities between the two economies. Two-way trade has grown in value from $3.3 billion in 2000 to $22.2 billion in 2010 a rise of 23.4 per cent per annum, with trade expected to double again to US$ 40 billion by 2015.

Mr. Michael Carter, Consul Commercial & Trade Commissioner (South India), Australian Consulate said that bilateral merchandise trade between India and Australia for the calendar year 2010 stood at AUD 18.336 billion, higher by 11 % over last year 2009.  Indian export to Australia for the calendar year 2010 was AUD1.967   billion a fall of 3.1 %, over the same period in 2009, while Indian imports from Australia stood at AUD 16.368 billion a rise of 13 % for the same period.

India’s exports of merchandise goods to Australia.   India top ten exports represent around 38 % of its overall export to Australia.  Diamonds & gems, Jewellery and Medicaments were the top three commodities from India.   India’s exports of merchandise goods to Australia have increased by an annual average of around 11 percent over the past five years to 2010.  

Switzerland stands at the 11th position amongst the top foreign investors in India

The Federation of Andhra Pradesh Chambers of Commerce & Industry organized a interactive meeting on ‘Trade & Industrial Relations with Switzerland’ on 22nd May 2012 at JS Krishnamoorthy Auditorium, Red Hills, Hyderabad. Mr. Rolf Frei, Consul General, Consulate General of Switzerland was the Chief Guest of honour for this session.

Mr. V.S. Raju, President, FAPCCI, Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Srinivas Ayyadevara, Vice President, FAPCCI, Mr. Shyam Sunder Pasari, Chairman, International Trade Committee, FAPCCI and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI are the speakers at the occasion.

Mr. Rolf Frei said in his key note address is that the commercial and trade relationship between India and Switzerland dates back to the pre independence days of India. It was as early as 1856 that a Swiss operation was established in India by the Volkhart Brothers. The relationship got further reinforced when India and Switzerland signed the Treaty of Friendship on 14 August 1948, the first such treaty to be signed by Independent India. Since then our bilateral relations with Switzerland have diversified and strengthened.

Despite the global economic slowdown, our trade graph has been looking upwards. The two ways trade expanded from US$ 7 billion in 2005-06 to US$ 35 billion in 2009-10, i.e. India remains one of the important investment destinations for Switzerland. Switzerland has always been amongst the top foreign investors in India. It stands at the 11 th position overall and 6^th position in Europe in terms of investments, with a cumulative FDI inflow of US$ 1804.63 million from April 2000 to December 2010. 

Photo Caption: 

001. Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Shyam Sunder Pasari, Chairman, International Trade Committee, FAPCCI, Mr. Rolf Frei, Consul General, Consulate General of Switzerland, Mr. V.S. Raju, President, FAPCCI, Mr. V.V. Sanyasi Rao, Chirman, Rural Development Committee and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI have participated at  interactive meeting on ‘Trade & Industrial Relations with Switzerland’ on 22nd May 2012 at JS Krishnamoorthy Auditorium, Red Hills, Hyderabad.

“FAPCCI Job Fair 2012” from June, 07, 2012 to July, 28 2012”

 The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) invites the MSMEs, Large industries and employers to participate in State Level “FAPCCI Job Fair – 2012” organized from “16 June 2012 to 14 August 2012” across the State.

The theme of the job fair is to facilitate “face to face” interactive meetings with Job Seekers andEmployers across the State. The fair is a best place that will help those who are looking for meaningful and challenging jobs and the employers who are searching capable, competitive and well qualified employees.

Thousands of Technical, Non-Technical, experienced Professionals and Freshers with various capacities has registered to participating in FAPCCI job fair 2012. Majorly BA, B.Com, M. Com, B.Sc, M. Sc, B. Pharma, MBA's, MCA's, B Tech & M Tech graduates, ITI's, BE's, DEEE's, ME, MS, CA, ICWAI, IT and Polytechnic & Diploma holders, also experienced persons looking for the right job from the Industrial or Organizational sector.  Civil & Mechanical Engineering, Architecture, Medical also registered. 


The MSMEs industries and employers who are looking for experienced and new employees for their requirements from Scientific, Technical, Engineering, Information Technology, Marketing, Administrative and Service Sector areas are welcome to participate in this job fair.


Last date for registration is 25th May 2012.

Rs. 30,000 Crores of Spices Exports by 2020: Dr. G.K. Vidyashankar, Spices Board

The Federation of Andhra Pradesh Chambers of Commerce & Industry (FAPCCI) organized a Seminar on “Value Addition to the Spices and Marketing” on 9th May 2012 at Surana Udyog Auditorium, Red Hills, Hyderabad. Mr. P. Mohanaiah, Chief General Manager, NABARD, Hyderabad was the chief guest and Dr. G.K. Vidyashankar, Dy. Director (Marketing), Spices Board, Guntur was the guest of honour for this session.


Mr. V.S. Raju, President, FAPCCI, Mr. K. Bhaskarreddy, Chairman of the Agriculture Committee, FAPCCI, Mr. M.V. Rajeshwara Rao, Secretary General FAPCCI, Prof. Surendra Kumar Sood, Food Scientist & Technologist, Dr. A. Satyanarayana, Sr.Scientist & Head, CFTRI, Rc Hyderabad, Mr. P.B. Kaginalli, Managing Director, Gamma Agro-Medical Processing Pvt. Ltd. Hyderabad, Dr. G. Lingappa, Asst Director (Dev.) Spices Board, Warangal, Dr. V. Sudershan Rao, National Institute of Nutrition, Hyd, Mr. R.R. Karpate, Dy. Agri. Marketing Officer, AGMARK, Kendriya Sadan, Hyderabad, B. Ramakrishna, Bureau of Indian Standards are the speakers at the occasion.


Dr. G.K. Vidyashankar, Dy. Director (Marketing), Spices Board said in his key note address is that the Indian Spice Industry Producing over 47 Lakhs M.T of Spices, Exporting around 175 Spices / Spice Products to over 160 Countries with 3000 Registered Exporters and 400 Manufacturer Exporters. Vision of the Indian Spice Industry is to become the processing hub and premier supplier of value added spices and herbs in the industrial, retail and food service segments of the global spices market by meeting the quality requirements. We have targeted to achieve Rs. 30,000 Crores of Spices Exports by 2020.


To empower the growers of spices and ensure better price realization, the Spices Board has establishing Spices Parks across the nation to provide scientific infrastructure facilities. The Spices Park are primarily intended to benefit the growing community through quality improvement, grading, packing, warehousing, etc for value addition which would lead to better price realization of their produce. The exporters can also set up their unit in the Parks for processing spices under the terms and conditions of the Board. Initially the Spices Board establishing Spices parks in Chhindwara (Madhya Pradesh), Puttady (Kerala), Guntur (Andhra Pradesh), Sivaganga (Tamil Nadu), Jodhpur (Rajasthan), Mehsana (Gujarat), Kota (Rajastan) and Guna (Madhya Pradesh).


The Spices Park is setting up at Mydavolu village in Edlapadu mandal in Guntur district of Andhra Pradesh. Spread across 125 acres, it will have mass chilly-drying capacity of 10 tonnes per day. The park specialise in chillies as it is a major production and marketing centre for chillies. It will produce value-added commodities like oil, oleoresins, curry powder and crushed chillies. Processing facilities set up by the Board and exporters of chillies and chilli products from different parts of the country, expressions of interest for which have already been invited. The Guntur park will help India export value-added products directly Dr. G.K. Vidyashankar said.  


Mr. P. Mohanaiah, Chief General manager, NABARD said in his chief guest address is that the -India is the largest-producer and exporter of spices in the global market (40%). The exports have increased significantly in the past few years with 18% growth rate. The changing pattern of food consumption or consumption of more spicy foods, especially in developed countries and the large population of Indian origin in these countries has resulted in good export orders for Indian spice exporters. The major importers of spices from India are Europe, the US, Singapore and the Gulf countries.

FAPCCI Meeting on “Indian Economy and Industrialization” with FICCI President

       The Federation of Andhra Pradesh Chambers of Commerce & Industry (FAPCCI) organized a Interactive Meeting on “Indian Economy and Industrialization” on 7th  May 2012 at Surana Udyog Auditorium Auditorium, Red Hills, Hyderabad. R.V. Kanoria, President, FICCI was the chief guest and Dr. Rajiv Kumar, Secretary General, FICCI was the guest of honour for this session.

       Mr. V.S. Raju, President, FAPCCI, Mr. Devendra Surana, Senior Vice President, FAPCCI, Mr. Srinivas Ayyadevara, Vice President, FAPCCI, Mr. MM Srirama Murthy, Chairman, Industrial Development Committee and , Mr. M.V. Rajeshwara Rao,  Secretary General are the speakers at the occasion.

Meeting on "Indo Global Education Summit 2012"

Seminar on "Secondary Steel Sector in Hyderabad: Key Concerns"