...March 14, 2012 Wednesday FICCI Frames, a three day global meet that covers the entire Media and Entertainment industry like Films, Broadcast (TV & Radio), Digital Entertainment, Animation, Gaming, Visual Effects, etc. Thousands of Delegates across the world were expected to attend this event from Media and Entertainment. This is the platform for the media & entertainment professionals to network and develop themselves in the industry. Frames originally, started in the year 2000 and had evolved as a great forum to discuss emerging media and India’s role in this. Apart from networking, it delivers thought provoking speeches and inspiring comments from various media experts. Frames 2012 has started from 14th March, 2012 with the inauguration ceremony hosted by the famous Bollywood Director & Producer Karan Johar. Also the ceremony was followed by the Lighting of the Lamp, Keynotes and Inaugural notes by the Bollywood actor Sonam Kapoor; Hon’ble Chief Minister of Maharashtra, Prithviraj Chavan; Chairman of MPAA, Senator Chris Dodd; CEO of Star India & Chairman of FICCI Broadcast Forum, Uday Shankar. The launch of the FICCI-KPMG Report and FICCI Amarchand Lawbook was also the part of the inaugural ceremony. The discussions on the Day 1 was all about the Digitization, India- Japan Partnerships in Animation, Marketing and Distribution of Films, Upcoming challenges for the Print Medium, Business Connection in Online World, Financing the Media and Entertainment and...
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...MAKE IN INDIA REPORT Place: Chandigarh PHD Date: 25th September 2014. INTRODUCTION PrimeMinister Narendra Modi launched the 'Make in India' campaign on Thursday, ahead of his maiden visit to the US, rolling out the red carpet to investors to catapult India, on the global manufacturing stage. The focus will be on 25 sectors and the respective ministries - heavy industries, telecom, power and others. All this to develop India or as the prime minister says, to 'First develop India'. The event apart from attracting the Indian corporate bigwigs saw participation from representatives from companies from countries such as US, Japan, Korea, Sweden, Poland, Australia, China, Italy, Germany and France. The Prime Minister acknowledged that India has not been the friendliest nation to do business in, assured investors that the country is headed for a change. He made a compelling pitch for India, mentioning that only India offers the 3Ds: Democracy, Demography and Demand. He emphasized digital technology as being an integral part of the change and advocated a 'Look East' and 'Link West' policy in the country. Narendra Modi highlighted some very specific initiatives that will help drive this change. He also mentioned some very specific KPIs to measure the effectiveness of the campaign. A few of these are detailed below: 1. An increase in manufacturing sector growth to 12-14% per annum over the medium term. 2. An increase in the share of manufacturing in the country’s Gross Domestic...
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...SBI Corporate Card Program Submitted to: Mr. VikasBanga Federation of Indian Chamber of Commerce & Industry Mr. Vikas Banga Federation of Indian Chambers of Commerce & Industry New Delhi. Subject: SBI Corporate Card Program for FICCI Dear Sir Greetings of the day, at the outset thank you for your valued time over the phone. We are pleased to attach a brief presentation on SBI Corporate Card Program for Federation of Indian Chambers of Commerce & Industry. Some highlights of the program are as mentioned hereunder: 1. Customized Card Collateral: FICCI Logo to appear on all SBI Corporate Cards & Statements, at no additional costs. 2. Joint & Several Liability: SBI Corporate Cards to FICCI shall be issued on joint & several liability ensuring lesser follow ups internally for administrative convenience. 3. Fidelity Insurance: SBI Corporate Cards to FICCI shall be issued with a complimentary Fidelity Insurance of 2 Lac INR per card and 20 Lac INR in total for FICCI. 4. Payment Assistance: SBI Corporate Card shall designate dedicated Relationship Manager to assist contact person at FICCI to track individual payments, as required by FICCI. 5. Exclusive Rebate Structure for FICCI For office bearers, SBI Corporate Card Program offers the best in class convenience, some of them being: 1. Complimentary Lounge Access. 2. Complimentary Travel Insurance. 3. Healthcare Offers. 4. Priority Pass. 5. EMV Chip based...
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...India is faced with. Be it for addressing the regulatory issues pertaining to art, beefing up the art education infrastructure, changing the way artworks are looked upon from ‘Instruments of wealth creation’ to ‘Intellectual Property’, a need is strongly felt for developing a holistic policy approach towards the sector as also for better enforcement of the existing policy instruments. It is against this backdrop, FICCI in association with Amarchand Mangaldas and Deloitte has prepared a first-of-its-kind report on ‘Art Industry in India: Policy Recommendations’. The Report makes an attempt to assess the existing legislative and taxation regimes pertaining to visual arts in India, identify the issues and challenges facing the art economy and outlines a roadmap for aligning our policies with the global best practices. “With exponential growth in the volume of art trade in India, what is needed is a broad framework for this sector.” said Mr. Jawhar Sircar, Secretary, Ministry of Culture, Government of India, while releasing the Report at an Interactive Seminar organized by FICCI in Kolkata on April 2, 2010. Talking about the Ministry’s initiatives, Mr. Sircar said, “We are planning museums of modern art in states. A scheme for regional museums is being worked out. The budgets are being upscaled to between Rs. 3-6 crore. Other spheres that are being reviewed are the Antiquities Act, art funds and art authentication.” “Museum and galleries in India need considerable improvement in communication...
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...information obtained from key industry players, trade associations, government agencies, trade publications and various industry sources specifically mentioned in the report. While due care has been taken to ensure the accuracy of the information contained in the report, no warranty, express or implied, is being made, or will be made, by FICCI or PricewaterhouseCoopers Pvt. Ltd., India (PwC), as regards the accuracy and adequacy of the information contained in the report. No responsibility is being accepted, or will be accepted, by FICCI or PwC, for any consequences, including loss of profits, that may arise as a result of errors or omissions in this report. This report is only intended to be a general guide and professional advice should be sought before taking any action on any matter. FICCI and PwC jointly hold all copyrights to this report, and no part thereof may be reproduced or replicated without prior explicit and written permission of both the parties. The Indian Entertainment and Media Industry Unravelling the potential March 2006 Foreword Welcome to the 2005 annual edition of the Indian Entertainment and Media (E&M) Industry Report. FICCI takes this opportunity to thank PricewaterhouseCoopers, our Knowledge Partners, for having devoted precious time and resources to prepare this report at our behest. The E&M industry is at an inflexion point today, as opportunities and growth embrace all its segments. The Indian film industry is witnessing increased corporatisation...
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...ECONOMIC NATIONALISM- CAPITALIST INTEREST AND ROLE OF BUSINESS CLASS The period from 1914 to 1947, 1945 and 1933 in particular, are considered important from the economic point of view in the history of India. Colonial economy was run by international exports. However, this pattern of colonial economy was reversed, as India started exporting, production of goods increased, while reducing imports. Till the end of World War One, for various reasons, the number of registered industrial enterprises had been steadily rising, as the developments in the interwar period strengthened their position. There were various factors that facilitated the Indian industrial development like the rowing tendencies towards import substitution, internal trade, shifting attention towards domestic markets and so on. Since the late 19th century, the Indian capitalist class, more specifically the industrial bourgeoisie was becoming more matured and influential in politics. The earlier generations of Indian businessmen were too dependent on the foreign capital and were hence ready to accept the domination of the colonial state with all its discrimination. However, the newer generations of industrialists, coming from an expanded social base, were more matured and less prepared to surrender their rights. They began to organize themselves into Bengal National Chamber of Commerce (1887) and Indian Merchant’s Chamber in Bombay (1907). Among the various groups that participated in the national movement, there...
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...and Perspectives Financial Inclusion and Banks: Issues and Perspectives* K. C. Chakrabarty Ms Naina Lal Kidwai, Vice President, Federation of Indian Chambers of Commerce and Industry (FICCI) and Country Head HSBC India & Director, HSBC Asia Pacific, Ms Meera Sanyal, Chairperson, FICCI’s Financial Inclusion Committee & Country Executive India, The Royal Bank of Scotland N.V., Ms Caitlin Wiesen, Country Director, UNDP, Mr Mathew Titus, Co-chair, FICCI’s Financial Inclusion Committee & Executive Director, Sa-Dhan, Ms Jyoti Vij, Assistant Secretary General, FICCI, members of the print and electronic media, ladies and gentlemen. It is indeed a pleasure to be present here today to address this gathering on the bankers’ role in promoting financial inclusion, their achievements, and the key issues and challenges being faced by them. Role of FICCI and UNDP 2. As you are all aware, financial inclusion is a mammoth task and it cannot be achieved without the active collaboration of all stakeholders. It is in this context that this particular seminar organised by FICCI, which is an apex industry association and brings a large number of stakeholders under its fold, and United Nations Development Programme (UNDP), which is at the centre of the UN’s efforts to reduce global poverty, assumes significance. FICCI has been playing a leading role in policy debates touching social, economic and political issues and I believe that corporates have a great role to play in furthering financial inclusion...
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...Economic Gains: Will the Commonwealth Games in Delhi Deliver What They Promised?: India Knowledge@Wharton ( http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4537) Economic Gains: Will the Commonwealth Games in Delhi Deliver What They Promised? Published : October 21, 2010 in India Knowledge@Wharton The 2010 Commonwealth Games (CWG) in Delhi from October 5 to October 14 were orchestrated in typical Indian style. Until the eleventh hour, nothing was ready. There were fears that the event would have to be called off. Charges of corruption were rampant. (After suspending probes during the period of the Games, several investigative agencies have been unleashed again.) The facilities were reported to be way below acceptable standards. The Scottish delegation found dogs in their beds in the Games Village; the South Africans found a snake. But, in the end, it was a superb show. "Commonwealth Games 2010 finish with India triumphant," said the London Guardian. Prior to the games, former Union sports minister Mani Shankar This is a single/personal use copy of India Knowledge@Wharton. For multiple copies, custom reprints, Aiyar had been particularly trenchant in his criticism. "By having e-prints, posters or plaques, please contact PARS International: reprints@parsintl.com P. (212) 221-9595 x407. an 11-day jamboree in New Delhi, the idea that you can become a sporting nation is nonsense," he told newsmagazine Tehelka some time ago. (Aiyar was forced out of his ministerial...
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...The FICCI-KPMG Indian Media and Entertainment Industry Report 2013 published a record 16% growth over the previous The report also states that the games industry in India will grow at a 22% CAGR to cross Rs. 4000 crore ($776m) by 2017. That means the video games industry in India will almost triple itself in 5 years.year, to Rs.1500 crore (Rs. 15 billion / $277 million). Sweet numbers. The console segment will overall grow at a rate of 19% CAGR, to reach Rs. 1900 crore ($351m) by 2017. The report is yet to take in other future factors such as the possible success/failure of PS4 and the upcoming Xbox. On the other hand, the Internet & Mobile Association of India estimates that 50% of India’s mobile users have access to gaming content on their devices. These numbers are expected to rise amid increased penetration of smartphones and tablets. Mobile gaming revenues in India typically have come through telecom operator partnerships, but this is expected to change by 2014, the report states, when sources such as app-stores and online marketplaces will dominate mobile revenues. This despite the fact that operators are now offering up to 70% revenue share to game publishers. As expected, the big challenge for game publishers is monetisation, as a chunk of mobile game revenue in India comes from ad-funded free-to-play games. This also might be due to the fact of limited high-speed connectivity of smartphones and tablets alike, and limited access to credit cards. On a positive...
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...in/india-israel-explore-joint-defence-equipment... India will send a business delegation to Tel Aviv to participate in a defence and security seminar to be held from Feb.21 to 25 in order to explore investment and manufacturing opportunities in collaboration with Israeli companies. The Indian delegation, consisting of enterprises with interests in defence, aerospace and security, will look at joint R&D, co-development and co-production of defence equipment at the seminar being organised jointly by India's Federation of Indian Chambers of Commerce and Industry (Ficci) and SIBAT, the International Defence Cooperation Directorate of Israel's Ministry of Defence. "The mission will connect companies in Israel to the Indian industry through B2B networking sessions and meetings with leading industry organisations, senior government officials, OEMs and procurement agencies in Israel to facilitate greater cooperation," Ficci said in a statement. Israel has said it is willing to work in the area of defence under Prime Minister Narendra Modi's "Make in India" initiative. "In the field of defence, we are open for the concept of transfer of advanced technology and joint development. Both our governments as well as the Israeli companies that are already implementing projects in India are ready to engage with relevant partners under the 'Make in India' initiative to create more viable and sustainable partnerships," said Daniel Carmon, Israel's ambassador to India, in a statement...
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...FOOD PROCESSING INDUSTRY SNEHA AGRAWAL 1226113152 SUMMARY India’s food processing sector is small and its share in exports of processed food in world trade has remained at about 1.5 percent or $3.2 billion. Food processing industry in India is increasingly seen as a potential source for driving the rural economy as it brings about synergy between the consumer, industry and agriculture. productivity with slow adoption of technology. On the Infrastructure front, we have supply chain and wastage related problems and low levels of value addition etc. The other issues of concern, holding this sector back are impaired access to credit,inconsistency in state and central polices,which requires , low standards and lack of adequate manpower . White Revolution has benefited the rural areas of our country considerably, the revolution may not be sustained beyond a point because of the lack of purchasing power of the poor Indians The Government of India has allowed 100 per cent FDI under the automatic route in the food processing sector and taken various other measures to improve and expand the industry. INTRODUCTION The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry contributed...
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...than just a marketing tool as the entire marketplace is at your fingertips. As a source of market information they fulfill your needs in a centralized way. They provide an excellent opportunity to assess opinions from clients and determine market potential, conduct research and evaluate competition, develop commercial structures by identifying new agents and distributors, and initiating joint ventures and project partnerships. "Exhibitions provide a unique networking platform to both Indian and foreign participants. They help in promotion, marketing and publicity efforts of participating companies. Exhibitions lead to joint ventures, tie-ups and they also help bring in investment in the Country", says Dr. Amit Mitra, secretary general, FICCI. As a reliable media for exchange of information, exhibitions are being globally recognized as the apt medium for doing business today. In the words of Prem Behl, Chairman and MD, Exhibitions India Group, "The current economic slowdown is the ideal time for the industry to showcase its presence on exhibition floor as the industry is very much in a position to reinforce its tenacity, strength and collaborative nature. In fact, in tough market conditions, it becomes all the more imperative for all businesses to show greater visibility, strong fundamentals and continuation of businesses. The platform is ideal for exhibitors to nurture the...
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....................... 48 Annexure.................................................................................................. 66 Acknowledgements................................................................................ 76 Glossary....................................................................................................77 About FICCI..............................................................................................80 Foreword Ajit Singh Chairman- FICCI Task Force on Nutraceuticals Chairman- ACG Worldwide (formerly Associated Capsules Group) President- Health Foods and Dietary Supplements Association (HADSA) Dear reader, Nutraceuticals as they are called in industry parlance cover a basket of products from dietary supplements to probiotic and energy drinks to cholesterol and fat free foods among others. Increased discretionary spending, changing lifestyles and growing awareness among Indians about healthy living are accelerating the growth of this Industry. Despite the huge potential, India’s share, with reference to the global Nutraceuticals market is still minimal. FICCI is one of the apex...
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...INDIAN PHARMACEUTICAL INDUSTRY – AN OVERVIEW 1. Overview The Indian Pharma industry is one of the fastest growing sectors with approximately 20,000 manufacturing units. The industry that is highly price sensitive ranks thirteenth in the global pharmaceutical market in value terms and fourth in volume terms. The country has tremendous export potential in the areas like custom synthesis, R&D, clinical trials, and Bioinformatics. The industry produces 60,000 finished medicines and roughly 400 bulk drugs, which are used in formulations with about 20% of the manufacturers in the bulk drugs segment. India has approximately 1% share of global pharma industry, which is worth US$406 billion. This implies that there is a huge market waiting to be unfolded. The figure below explains the evolution of Indian pharmaceutical industry: Figure 1: Progress Of Indian Pharmaceutical Industry Source: Pharmabiz.com (Article by Dr. Laxman Prasad) 2. Industry Structure and Size 2.1 Industry Structure The Indian Pharma industry is highly fragmented and can broadly be classified in to two categories: organized and unorganized sector. Figure 2: Revenues of Organised vs. Unorganised Sector Source: Secondary Research The organized sector contributes about 70% of the total revenues and consists of 260 units in both manufacturing as well as formulation segment. This sector can further be divided into Indian and multinational companies. The unorganized sector is...
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...Investing in the Indian market India, among the European investors, is believed to be a good investment despite political uncertainty, bureaucratic hassles, shortages of power and infrastructural deficiencies. India presents a vast potential for overseas investment and is actively encouraging the entrance of foreign players into the market. No company, of any size, aspiring to be a global player can, for long ignore this country which is expected to become one of the top three emerging economies worldwide. ------------------------------------------------- Quick Facts about India ------------------------------------------------- On a cumulative basis, the FDI equity inflows received by India stood at US$ 20.92 billion during April-December 2009, according to the latest data released by the Department of Industrial Policy and Promotion (DIPP). ------------------------------------------------- The Prime Minister's Economic Advisory Council (PMEAC) has pegged India's growth at 8.2 per cent for 2010-11 and 9 per cent in 2011-12, expecting the agriculture, industrial and services sectors to perform well through the next two years. ------------------------------------------------- India's industrial output grew at its fastest year-on-year pace in almost two decades at 16.8 per cent in December 2009, signalling a strong recovery. The manufacturing sector that constitutes around 80 per cent of industrial output, expanded by 18.5 per cent to set the pace of growth. ------------------------------------------------- ...
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