Chandigarhs Bi-Monthly e-Communique More Inside this issue: Meeting with Home Secretary 2 Chandigarh Votes 2 Meeting with Director - Chandigarh Tourism 3 Happening Weekends of Chandigarh 3 Conference on MSME 4 Interactive Session with Mr Suneet Tulli 5 Lok Sabha Result Viewing Session 5 COOLEX14 6 ABILITY14 6 Upcoming Events 6 Chandique
Interaction with Mr Sarvjit Singh, Finance Secretary, Chandigarh Administration 24 May 2014, Chandigarh L-R: Mr Amarbir Singh, Vice Chairman, CII Chandigarh Council, Mr Sarvjit Singh, Finance Secretary, Chandigarh Administration, Mr Darpan Ka- poor, Chairman, CII Chandigarh Council and Mr Abhishek Puri, Head - CII Chandigarh In a candid interaction with CII Members, Mr Sarvjit Singh, Finance Secretary, Chandigarh Administration shared his views on the growth and development of Chandigarh. The time is opportune to work for the economic development and growth of Chandigarh. The Chandigarh Administration is working towards implementation of MSMED Act and transfer of plots from leasehold to freehold. Every economy requires income generating activities and Chandigarh needs industrial activity for its residents to work and flourish. Inviting concrete proposals from CII members for the development of Chandigarh, Mr Singh mentioned, Evolution is the key to development of Chandigarh.
Assuring the Companies in the IT Park, Mr Singh mentioned that procedural delays in construction / operations of these companies would be removed soon. He also shared that a Museum of Knowledge is being constructed near the Open Air Theater to boost the tourism sector in Chandigarh.
Emphasizing on the need to strengthen industry academia interface, members suggested creating & promoting entrepre- neurial ecosystem in Chandigarh by connecting all EDCs in Chandigarh.
Chandigarh has tremendous untapped potential as a Film city to cater to the Punjabi and Bolly- wood film industry. If we have a proper full fledged film city here, it would save the directors from a lot of transportation costs and booking troubles. Further, it will boost Chandigarhs econ- omy by creating huge employment as also will bring Chandigarh on national and global map as a preferred filming and shooting destination, said Ms Kirron Kher, BJPs Lok Sabha Candidate from Chandigarh.
Sharing her vision for the city, she informed that she would work to Retain the old character and beauty of Chandigarh and add modern technology, economic advancement and eco-friendly in- dustries to it. A lot of slums have come up in the city that needs to be rehabilitated. Further, Citys sewerage system has turned old, drinking water supply is from one canal. Hence, we need to re-plan this citys infrastructure by linking pipelines, establishing new sewerage disposal sys- tems and rehabilitating the slum population in a planned manner.
MSMEs are my top priority, because they are largely dependent on Administrations support and sound policies and impact lives of a huge population positively. Infrastructure is also a critical factor on which I would like to put a lot of thrust. Our city needs a lot of under passes, underground and multi level parking spaces, flyovers etc as the population would continually expand here, she added.
For Chandigarh, CII expects the new government to work towards development of this region as a Greater Chandigarh Region (GCR), removal of inter-state trade and travel barriers between Chandigarh-Panchkula-Mohali region, creation of conducive business environment for light manufacturing as well as services sector, supporting the MSMEs, implementing key policies, enhancing land/ air connectivity and focus on sustainable development of the city keeping its heritage and character alive, said Mr Darpan Kapoor, Chairman, CII Chandigarh Council. Chandigarh Votes : Aspirations An Interactive Session with Lok Sabha Candidates from Chandigarh 4 April 2014 Chandigarh L-R: Mr Darpan Kapoor, Chairman, CII Chandigarh Council; Mr Jaiprakash Singh Hasrajani, Chairman, Yi Chan- digarh Tricity Chapter; Ms Kirron Kher, BJPs Lok Sabha Candidate from Chandigarh; Mr Man Mohan Singh Kolhi, Past Chairman, CII Chandigarh Council and Mr Pikender Pal Singh, Regional Director, CII Northern Region
For Chandigarh, CII expects: development of Greater Chandigarh Region (GCR), conducive business environment for light manufacturing as well as services sector, Supporting the MSMEs - Mr Darpan Kapoor, Chairman, CII Chandigarh Council Will create a Media & Film City in Chandigarh, if voted to power - Ms Kirron Kher BJPs Lok Sabha, Chandigarh Chandigarhs Bi-Monthly e-Communique Page 2 Meeting with Mr Anil Kumar, Home Secretary, Chandigarh Administration 30 April 2014, UT Secretariat, Chandigarh A meeting with Home Secretary cum Secretary Industries, Chandigarh Administration, Mr Anil Kumar was to discuss various issues & concerns in the industry. CII has been actively instrumental in drafting the Industrial Policy and has sub- mitted its recommendations on Draft industrial Policy 2009 and Development of MSMEs in Chandigarh & that the indus- try in Chandigarh mainly consists of the Micro and Small enterprises.
The Government of India has enacted Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 for the growth and promotion of this sector. Since, Chandigarh is land locked and no new investments in industry could be at- tracted for the economic development of Chandigarh, it was requested that the MSMED Act is implemented in totality so that the industry could take benefits out of the provisions of the Act. It was proposed that Department of Industries & CII could jointly organize the next edition of Chandikrit to make it bigger & better. Buyer Seller meets & Vendor Develop- ment Programmes could also be organized alongside the exhibition giving MSMEs of the region an opportunity to supply to the large companies. Happening Weekends of Chandigarh 9 April 2014 Page 3 We wish to exploit the immense potential of promoting Chandigarh nationally and globally as an attractive Weekend Destination - Tanvi Garg, UT Tourism Director Taking a step forward to promote Chandigarh as Weekend City, Chandigarh Tourism and Con- federation of Indian Industry (CII) jointly launched a campaign called Happening Weekends of Chandigarh. With so much of activity happening due to elections in the city that it was coined rightly as Festival of Elections. This is the first organized weekend being celebrated in the city from 5 April to 11 April 2014 to encourage and motivate the Tricity residents especially the youth to vote The campaign which aims to celebrate the spirit of democracy includes Live Bhangra & Gid- da performances by seasoned artists at Sector 17 Plaza and Sukhna Lake on 5 & 6 April 2014 L-R: Mr Man Mohan S Kohli, Immediate Past Chairman, CII Chandigarh Council, Ms Tanvi Garg, Director Tourism, Chandigarh Administration, Mr Darpan Kapoor, Chairman, CII Chandigarh Council and Mr Pikender Pal Singh, Re- gional Director, CII Northern Region The idea of Weekend Tourism will serve as a perfect medium to achieve this goal - Mr Darpan Kapoor Chairman, CII Chandigarh Council respectively from 5 pm onwards and Live Rock band performance in Sector 17 Plaza on 6 April 2014 and many special tie ups for attractive offers, schemes, concessions and 15-30 % discounts for UT voters with premium brands, restaurants, leading garment stores, eating joints, Malls, jewelers and renowned sweet shops in addition to a 35 % off at CITCO Hotels, whose complete details are on our website www.Chandigarhtourism.gov.in, shared Ms Tanvi Garg, Director Tourism, Chandigarh Administration while addressing at session on Festival of Elections
The initiative would not just encour- age people to vote but also promote the citys economy and thus bringing benefits to all the stakeholders regard- less of the scale of their operations, she said. VOLUME VII ISSUE 2 COMPETITIVENESS It high time all stake- holders and media should work together to promote Chandigarh as one of preferred tourism destination for weekend travellers. - Mr Manmohan Singh, Immediate Past Chairman, CII Chandigarh Council A meeting was held with Ms Tanvi Garg, Director, Chandigarh Tourism regarding the promotion of Happening weekends of Chandigarh. MOU between CII and Chandigarh Tourism on Happen- ing Weekends of Chandigarh will be signed shortly. The logo of Happening weekends of Chandi- garh to be advertised/ publicize at all the Chandigarh Tourism events (Particularly at all the events happening at Hotel Mount View), events organized by CII, Kapsons, Aroma and other partners. CII to check & filter all the uploads onto the website of Happening weekends of Chan- digarh in close coordination with team from Kapsons. Everyone together (Chandigarh Tourism, CII & Industry partners) to create channels to create and collect the website upload data. Meeting with Ms Tanvi Garg, Director, Chandigarh Tourism 13 May 2014, Chandigarh Micro, Small & Medium En- terprises (MSMEs) in the re- gion, need to diversify their focus from wealth creation model to value creation model and hence realize the im- portance of getting listed on the stock market to be able to raise funds easily and compete globally, emphasised Mr Ajay Thakur, Head SME, Bombay Stock Ltd. Listing on Stock Exchanges is the only way forward for the small players, if they wish to enhance their Brand image, gain market presence, expand their roots, maximise returns and intro- duce Corporate Governance which is very critical but lack- ing in the present market struc- ture, especially in this region, he added. Conference on MSME Funding Opportunities & Challenges 30 April 2014, Chandigarh Page 4 L-R: Mr Vivek Mathur, Senior Group Vice President, ICRA Ltd; Mr Pradeep Kumar, Branch Manager, Nation- al Small Industries Corporation (NSIC); Mr Manish Sinha ,Deputy General Manager, Small Industries Devel- opment Bank of India (SIDBI); Capt Alok Sharma, Co-Chairman, Regional Committee on MSME CII Northern Region & Managing Director & CEO Forge (India) Pvt Ltd; Mr Darpan Kapoor, Chairman, CII Chandigarh Council & Vice Chairman, Kapsons Group; Mr Abhishek Puri, Head Chandigarh; Mr Kapil Aggarwal, Head Mortgage - Chandigarh, CITI Bank. Chandigarhs Bi-Monthly e-Communique Deliberating upon the CIIs initiatives towards upscaling of MSME sector, Capt Alok Sharma, Co-Chairman, CII NR Com- mittee on MSMEs said that CII is actively engaged with the central and state governments on a lot of issues like amend- ment of the MSME Act, 2006, change in investment thresholds for MSME sector by linking it to Wholesale Price Index to encourage the investment in Plant & Machinery, payment terms, easy financing options etc. CII would soon release a Com- pendium to showcase all the state and centre government schemes to remove the hurdle of ignorance among SMEs and MSME players. Giving information about hedging, Mr Aman Chugh, Advisor Capital Markets Group (NIRC) Institute of Chartered Ac- countants of India, said, Hedging can work wonders for the Micro, Small & Medium Enterprises (MSMEs) through which they can take a position in the futures market that is opposite to the one in the physical market. Reserve Bank of India (RBI) and Stock Exchange Bureau of India (SEBI) have taken initiatives such as Regular USD intervention, Relaxation of laws and setting up Alternative Investments Funds to help boost equity financing & control the currency volatility. There has been a consistent cry from MSMEs about not getting adequate funding to carry out their business. At the same time the lenders raise multiple issues, which act as barriers to lend to this sector. This not only affects the fortunes of the units but also has a direct bearing on the employment, exports and other areas which has a direct impact on the GDP of the country. This conference acted as a great platform to address all the issues and to provide a common platform to both MSMEs and financial institutions to resolve the issues hampering the growth of the industry, said Mr Darpan Kapoor, Chairman, CII Chandigarh Council. Pricing pressure, high competition due to absence of entry barriers in the market and lack of Research & Development (R&D) are the major bottlenecks of the MSME sec- tors. This sector can only scale up when these issues are addressed and advanced technical support is pro- vided. Also, there a dire need innovation in terms of designing and packaging, said Mr Manish Sinha, Deputy General Manager, Small Industries Develop- ment Bank of India (SIDBI). We need to restructure the MSME market in terms of quality management, capacity building and bench- marking at every stage of production, Mr Rohit Grover, Convenor CII Chandigarh Council MSME Panel. MSME shall outperform the bigwigs in term of prof- itability, if they manage their treasury like large com- panies and have catalysts like CII to nurture their growth, said Mr Tajinder, CEO, Finvasia Group VOLUME VII ISSUE 2 Page 5 Interactive Session with Mr Suneet Tulli, CEO, Datawind Ltd 2 May 2014, Chandigarh L-R: Mr Pikender Pal Singh, Regional Director, CII Northern Region, Mr Darpan Kapoor, Chairman, CII Chandigarh Council, Ms Rajani Alexander, the new Consul General for Canada in Chandigarh and Mr Suneet Tulli, CEO, Datawind Ltd There is tremendous untapped potential at lower sections of the society which, ICT com- panies from the region can tap and reap huge profits., emphasised CEO of Datawind Ltd, Mr Suneet Tuli, the man who created the cost- effective Aakash tablet at an Interaction orga- nized jointly by Confederation of Indian Indus- try (CII) and Consulate General of Canada, Chandigarh. Sharing customer acquisition as the focus area, Mr Sunnet Tuli opined, You need to own your customer to make him loyal. For this, one needs to innovate and provide him the best of services and products, in ad- vance, with features that he might need or want in future. This is called Customer ownership business. It is very healthy sign for the nation that NDA has got full majority. This would enable strong and positive de- cision making at top level of leadership in the country with minimum government and maximum governance to boost investor sentiments, shared Mr Zubin Irani, Chairman, Confederation of Indian Industry (CII) North- ern Region & President, Building & Industrial Systems (India), United Technologies Corporation.
CII expects that the new Government would work to revive business confidence and attract investments espe- cially in healthcare, education and knowledge-based industries. It should also put special thrust on timely implementation of reforms, fast-tracking of the stalled Ms Rajani Alexandera, Consul General of Canada, Chandigarh said that We should look at the best practices followed in both India & Canada and should take advantage of them. Over the past century and more, Punjabis have moved and set- tled all over Canada and now the largest group among people of Indian origin. There are many inspiring stories of profes- sional and personal journeys by Punjabi Canadians and in 2014 we will showcase five of these. The first in the series would is - Suneet Tuli.
Competitiveness and innovation are the keys to success in downturn and looking back at the last 5 6 years, we need to invest our time, effort and energy more into technologies of future said Mr Darpan Kapoor, Chairman, CII Chandigarh Council. infrastructure as well as manufacturing projects, removal of various procedural bottlenecks associated with key industrial and freight corridors like Amritsar Kolkata Industrial Corridor (AKIC), Delhi Mumbai Industrial Corridor (DMIC), west- ern and eastern corridors to provide the much-needed fillip to growth in North India," added Mr Irani.
CII hopes that the new government would debottleneck the regulatory environment, focus on technology upgradation, invest in infrastructure and eradicate supply chain bottlenecks in agriculture to remove wastages and check food infla- tion. To create conducive environment to attract investments, the new government should ease labour laws to promote job creation, implement GST, strengthen the single window mechanism and enhance ease of doing business, shared Mr Shreekant Somany, Deputy Chairman, CII NR & CMD, Somany Ceramics Ltd.
CII expects that the new Government would remove the Policy Paralysis and accelerate reforms on priority basis with focus on growth oriented governance. If there is growth, there will be employment, inclusivity, development and pros- perity, shared Mr Darpan Kapoor, Chairman, CII Chandigarh Council & Vice Chairman, Kapsons Fashion (P) Ltd Lok Sabha Result Viewing Session 16 May 2014, Chandigarh 18th - 21st April, Chandigarh The 4-day exclusive exhibition had product display included the latest range of ACs (Window, Split, Cassettes, Ductable, Tower & Inverter), Refrigerators, Air Purifiers, Arctic Coolers, Chest Freez- ers, City Multi Variable Refrigerant Flow (VRF) Systems, Deep Freezers, Energy Recovery Ventilators (ERV), Evaporative Cool- ing Pads (ECP), Floor Standing Units, Water Coolers, Water Dis- pensers and much more. The exhibitors received more than 3000 business queries for various products with an estimated value in crores of rupees in the last 4 days from both residents as well as commercial establishments. Page 6 Chandigarhs Bi-Monthly e-Communique REACHING OUT ABILITY'14 18 - 21 April, Chandigarh Mr Darpan Kapoor, Chairman, CII Chandigarh Council & Vice Chairman Kapsons Group, shared that Ability job fairs act as a platform to bridge the gap between the disabled and the corporates.
CII Events In June 2014 Abhishek Puri Head Chandigarh Confederation of Indian Industry (CII) Northern Region Headquarters Sector 31 - A, Chandigarh 160 030
Phone : +91 735 558 0783 (D), 0172- 502 2522 Fax : +91 172 260 6259, 261 4974 Email : abhishek.puri@cii.in; cii.chd@cii.in Contact Date Name of the Programme Venue 13 June 2014 Seminar on Transfer Pricing CII NR Headquarters Chandigarh 16 June 2014 Roundtable on Trade and Investment Opportunities with Nottingham City Council, UK CII NR Headquarters Chandigarh 27 June 2014 Workshop on Communication & Presentation Skills CII NR Headquarters Chandigarh BUSINESS DEVELOPMENT