Monday, February 1, 2016

IILF 2016 cites ample scope for leather industry expansion

Efforts on to explore new markets and expand investments


Developments in the Indian leather sector over the past four decades are really amazing. The sector has grown from a mere cottage industry to a thrust industry earning valuable foreign exchange for the country. Its total turnover is more than $12 billion, and it provides employment to about three million people, primarily belonging to the weaker sections, with women accounting for 30 per cent of it. The industry meets about 10 per cent of the global leather requirements.

Inaugurating the 31st India International Leather Fair (IILF 2016) in Chennai, Dr. K. Rosaiah, Governor of Tamil Nadu, observed that India is the second largest producer of footwear and leather garments and the fifth largest exporter of leather goods and accessories. Despite recession in the major European markets, it has significant growth potential both on the domestic and export fronts.

Leather has been included as a focus sector under Prime Minister Narendra Modi’s “Make in India” programme, with an ambitious turnover target of $27 billion by 2020 as against the present turnover of $12.50 billion. Hence the leather sector has to develop strategies to achieve a year-on-year growth in sales of more than 20 per cent both in the domestic and export markets.

The Governor further said Tamil Nadu is a frontrunner and occupies a prominent place on the leather map of India. It has nearly 60 per cent share in the total leather processing capacity of the country and accounts for six per cent of the global supply. About 1,000 companies in Tamil Nadu have registered themselves as members of the Council for Leather Exports (CLE) under different product categories.

Modernizing the manufacturing units, improving designs, enhancing quality and adopting new marketing techniques are essential to make India a global leader in the leather industry, he added.

Earlier, in his welcome address, Mr. M. Rafeeque Ahmed, CLE Chairman, said the leather industry can ensure sustainable development by adopting innovative effluent treatment technology like zero liquid discharge. Treated as a focus sector, the industry’s tanning segment needs urgent Government support for modernization, capacity expansion and environment management plans and addition of more than three million jobs in the next five years.

He said the Council organized road shows in Germany, the US, China, Brazil and Italy to project its growth potential to prospective investors. It further penetrated markets like Russia, Japan, Australia, Canada, the UAE and the US. Eventhough the European Union still remains a major market for the leather sector, once the policy  of Free Trade Agreement (FTA) is fully implemented, it will provide zero duty access for both Indian and European Union manufacturers. Domestic market penetration will provide the much-required buffer which can protect exporters in times of recessionary trends in overseas markets.

IILF 2016 was organized with the support of apex leather bodies such as CLE, Central Leather Research Institute (CLRI), Indian Shoe Federation (ISF), Indian Finished Leather Manufacturers & Exporters Association (IFLMEA), Footwear Design & Development Institute (FDDI) and the Association of Footwear Component Manufacturers’ Association (IFCOMA).

A total of 456 exhibitors, with 156 foreign participants from 25 countries – Australia, Brazil, China, Croatia, France, Germany, Iran, Italy, Lithuania, Mexico, New Zealand, Netherlands, Portugal, Russia, Saudi Arabia, Singapore, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UAE and the UK – displayed their latest leather products.

India’s global appeal for investment in the leather sector is sure to promote investment, innovation, skill development, intellectual property and best-in-class manufacturing in India.

The leather sector, known for its consistency in export earnings, is among the top 10 foreign exchange earners with an annual turnover of over $12 billion. Exports increased manifold over the past decade and touched $6 billion during 2014-15, recording a cumulative annual growth of about 13.10 per cent.
 

Saturday, January 30, 2016

IILF to feature export potential of the Indian leather industry

The four-day mega event in Chennai to kick off on January 31


By R. Natarajan, Managing Editor & Publisher



Among the various sectors which contributes more to the Indian’s export earning, leather industry is one of the major contributor. In order to boost leather exports, the India Trade Promotion Organisation (ITPO) in association with the Council of Leather Exports (CLE) has been organizing India International Leather Fair (IILF) year after year successfully. This year, the event will take place during January 31-February 3, 2016 at Chennai Trade Centre with the increasing number of exhibitors. The mega event is also expected to attract a record number of visitors from all over the world.

Committed to ‘Make in India’ initiative   

Apart from showcasing a wide range of merchandise and services, the fair is committed to ‘Make in India’ for further extending India’s global appeal for investments in the leather sector too. Representing an attitudinal shift in how India relates to investors as a true business partner, the campaign has been designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property, and build best-in-class manufacturing in India.

Encouraging the new and young generation entrepreneurs, the theme of the fair is “Indian Leather Industry - Always on the Move”, which builds enormous promises to prove their mettle and cater to the diverse needs of the quality conscious consumers in India globally.

This year, the fair reflects the strong determination and commitment of the Indian leather industry to showcase its excellence in the leather sector in spite of the damage caused by the unexpected floods in the three Southern States of Tamil Nadu, Puducherry and Andhra Pradesh in December.



The fair is being organised with enhanced participation from 456 as compared to 444 last year. Covering a gross area of 20,000 sq. mtrs., the event features a wide range of products, machinery and equipment from over 456 companies.

More than 150 exhibitors from 25 countries are expected at the event. These include Australia, Brazil, China, Croatia, France, Germany, Iran, Italy, Lithuania, Mexico, New Zealand, Netherlands, Portugal, Russia, Saudi Arabia, Singapore, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UAE and the UK.

The product profile covers finished leather, footwear, goods, accessories, components, materials, chemicals, machinery, equipment and technologies.

The Ministry of Commerce and Industry has identified leather as the focus sector in view of its immense potential for export growth and employment generation, especially in the SME sector.

For details, visit: http.//www.iilfleatherfair.com.


Wednesday, January 20, 2016

HaloSource appoints Tamal Chaudhuri as Head of Operations in India




HaloSource, Inc., the global clean water technology solutions company trading on London’s Alternative Investment Market (AIM), has announced the appointment of Mr. Tamal Chaudhuri as General Manager, heading up the company’s operations in India, where he will be responsible for driving all aspects of the company’s business in the region. 

India is a key geographic region for the company, where we continue to gain traction in the market where we have had a long-standing relationship with Eureka Forbes and most recently signed our latest supply agreement with Panasonic India Private Ltd.

Mr. Chaudhuri has 29 years’ experience in senior roles in the consumer durables industry and joins HaloSource from A.O. Smith India Water Products Private Ltd., a leading water heater and purifier company in India and part of A.O. Smith Corporation, one of the world’s leading manufacturers of residential and commercial water heaters and boilers. 

Mr. Chaudhuri spent almost nine years at the group, most recently as Managing Director, where he was central to turning the business around and successfully implemented innovative marketing strategies to transform a nascent brand into the No.3 position in India. He is the recipient of two ‘Chairman’s Equity’ awards for his work in strengthening A.O. Smith India’s performance and brand presence.

Previously, Mr. Chaudhuri held a management role at Merloni Termo Sanitari India Ltd., one of the largest manufacturers of residential water heaters globally. Prior to this, he worked in the sales department at LML Vespa & Shriram Honda Power Equipment Ltd. 

Mr. Chaudhuri holds a Bachelor of Science degree in Statistics from Presidency College in Calcutta and completed the ‘Executive Program in Leadership’ at Stanford Graduate Business School, USA.

Commenting on the appointment, Martin Coles, CEO and President of HaloSource, said: “This is an exciting time for HaloSource in the rapidly growing water purification market in India, a key market for HaloSource. We continue to build our base of strong industry partners, such as Eureka Forbes and Panasonic, together with a number of other partners who deploy our industry-leading HaloPure technology in their devices and make a difference to the lives of millions every day. We are pleased to welcome Tamalas head of our operations in India and I look forward to working with him. His deep knowledge, extensive sector expertise, established network and proven track record in delivering value in the region will be invaluable to continue to drive the rapid growth of our business in India.”

Tuesday, January 19, 2016

Renault-Nissan Oragadam plant rolls out one-millionth vehicle




The Renault-Nissan Alliance plant at Oragadam near Chennai has reached a significant milestone by manufacturing its one-millionth vehicle, a Nissan Micra, and rolling it off the line on January 8.

The plant, which is the largest Alliance production facility in the world, started operation in March 2010 following a Rs. 45 billion initial investment. It has since invested a further Rs. 16 billion to increase capacity with a world-class powertrain manufacturing facility and tooling. The plant which has introduced 32 new Renault, Nissan and Datsun models and derivatives to its production line, caters to both domestic and international markets and has developed into India's second largest car exporter with more than six lakh units shipped to 106 countries since 2010.

During the period, annual production has risen from an initial 75,000 units in 2010, to over 200,000 units by March 2015.

Christian Mardrus, Chairman of Nissan's Africa, Middle East and India region, and former Alliance Executive Vice President, commented: “I congratulate our workforce in Chennai for achieving a significant landmark in the ongoing evolution of this important plant. Our Chennai facility has, and will continue, to play a fundamental role in the development of our business in India. Today's milestone reflects the popularity of Nissan and Renault products in India and export markets, as well as the skill and dedication of our staff. It is also a measure of the high level of support we have enjoyed from the Tamil Nadu Government.”



The plant was set up to meet the growing demand from Indian customers for high quality, locally-produced cars. It is complemented by a major R&D centre, also in Chennai, which plays a huge role in model development in India ensuring products are locally relevant. Together, the manufacturing plant and R&D facility account for around 12,000 direct jobs in Tamil Nadu, with a further 40,000 in the Indian supplier chain, making an big contribution to the local economy.

Colin MacDonald, Plant Managing Director, Renault Nissan Alliance India Private Ltd. (RNAIPL), said: “This is a proud day for everyone associated with the plant. On an average we have launched two new models each year across three brands since 2010. The workforce and our supplier partners deserve enormous credit for achieving this while increasing annual production volume and maintaining world class quality levels.”   

The most recent model to be introduced at the plant was the popular Renault Kwid in September last year. This will be followed this year by the third Datsun-branded vehicle to be sold in India.

Monday, December 28, 2015

Honeywell completes acquisition of research chemicals business from Sigma-Aldrich



Honeywell has announced that it has completed acquisition of the Seelze, the Germany-based laboratory research chemicals business from Sigma-Aldrich, broadening its offerings for high-purity solutions for drug discovery, medical diagnostic testing and other laboratory applications.
The acquisition includes the Fluka-branded solvents and inorganic chemistry portfolio worldwide and the Sigma-Aldrich-branded solvents and inorganic chemistry portfolio in the European Economic Area (EEA). Those offerings are now part of Honeywell’s broader portfolio of offerings for research chemicals, which already includes the Riedel-de Haën and Burdick & Jackson brands.

“The combined Honeywell business will be able to serve a broader range of customers and applications with global brands recognized for world-class quality and lot-to-lot consistency – essential for a range of applications including drug synthesis, food, environmental, chemical and forensic testing,” said Qamar Bhatia, President of Honeywell’s Specialty Products business. “To make the transition process as seamless as possible, customers will still order products directly through Sigma-Aldrich and receive the same level of dedicated customer, technical and logistical support as they always have.”

The Honeywell portfolio now includes six product lines:

* Fluka chemicals and reagents used for biochemical research and other chemical and pharmaceutical applications

* Hydranal Karl Fischer titration reagents used by laboratories to measure moisture content in liquids and solids

* Chromasolv high-purity solvents for chromatography, a technique used to separate and analyze complex mixtures

* Riedel-de Haën high-quality research chemicals used in pharmaceutical production and bioscience

* Burdick & Jackson high-purity solvents, reagents and chromatography products for laboratories and pharmaceutical production

* Sigma-Aldrich solvents and inorganics sold into the European Economic Area

The acquired business employs approximately 200 people, primarily in Seelze, with sales and marketing personnel throughout Europe. Honeywell’s Seelze plant, which manufactures Riedel-de Haën-branded products, currently makes the majority of the products in the acquired business.

The acquired business will be integrated into Honeywell’s Fine Chemicals business and will continue to be led by the core leadership team of the acquired company. With two production sites, Seelze and Muskegon, Mich., in the US, the combined business unit will be able to develop and manufacture high-purity research chemicals and other materials used in new drug discovery, medical diagnostic testing and other laboratory applications.

With the addition of titration products, high-purity solvents and reagents, and specialty inorganic chemicals, Honeywell builds on an already strong portfolio of Burdick & Jackson and Riedel-de Haën products. Honeywell’s Fine Chemicals business has supplied high-quality research chemicals and specialty organic and inorganic compounds to the chemical and pharmaceutical industries for more than 100 years. Its products are sold under the Burdick & Jackson and Riedel-de Haën brands, and are used in a variety of laboratory, consumer and industrial applications including drug discovery, toothpaste, water purification, fortified foodstuffs, polymer synthesis, and metal surface treatment and finishing.

Honeywell Fine Chemicals is a part of the Honeywell Performance Materials and Technologies Business Group.

Honeywell Performance Materials and Technologies (PMT) is a global leader in developing advanced materials, process technologies and automation solutions. PMT’s Advanced Materials businesses manufacture a wide variety of high-performance products, including environmentally friendlier refrigerants and materials used to manufacture end products such as bullet-resistant armor, nylon, computer chips and pharmaceutical packaging. Process technologies developed by PMT’s UOP business (www.uop.com) form the foundation for most of the world’s refiners, efficiently producing gasoline, diesel, jet fuel, petrochemicals and renewable fuels. PMT’s Process Solutions business (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. 

For more news and information on Honeywell, visit: www.honeywellnow.com.

Sunday, November 22, 2015

N.V. Srinivasan elected IACC President (SR)



Mr. N.V. Srinivasan, Managing Partner of NVS & Associates, Advocates & Legal Consultants, has been elected Regional President (South) of the Indo American Chamber of Commerce (IACC) for 2015-16.

Having incorporated transformational changes as a former Director, Employee Relations at ANZ Grindlays Bank, Mr. Srinivasan currently runs a legal and management consulting company with branches in various parts of India.

Recently, he has revised the premier banking book Tannan’s Banking Law & Practice in India, 25th edition 2014, published by Lexis Nexis.

Mr. Srinivasan has provided effective resolutions for critical issues of law for domestic and international clients and believes in offering holistic legal solutions aligned with their business strategies. He is also a strong believer of ADR and possesses extensive experience in the same, successfully resolving several disputes through arbitration, mediation and negotiation. He has vast exposure in commercial laws, conveyancing, company laws, commercial arbitration, banking and finance, transfer of Property Act, intellectual property rights, Cyber Laws and organizational restructuring, employee management and many other areas.

As a successful consultant and practicing lawyer in India, Mr. Srinivasan has over 40 years of domestic and international experience and has incorporated revolutionary methodologies for effective business solutions across industries. His experience over three decades in the banking industry has marked him as a well informed and competent lawyer involving commercial trade and finance and he has been on the Board of the Negotiating Committee and Personnel Committee of Indian Bank Association, an apex body of the banking industry in India. His specialty is in providing advice in the context of corporate governance, mergers and acquisitions, joint ventures, takeovers, factoring, derivatives & foreign exchange and structuring of deals. 

This year IACC is embarking on its plan to reach $500 billion as a target in respect of trade between India and the US, from the current level of $123 billion for the current financial year. It is specifically concentrating on the aviation sector, IT, infrastructure, medical tourism and pharma. It has already organized participative seminars in New Delhi and Mumbai, and the latest seminar to come through is on January 29 and April 30, 2016 in Chennai. 

Palani G. Periasamy takes over as SICCI President



Dr. Palani G. Periasamy, Chairman, PGP Group, was unanimously elected President of the Southern India Chamber of Commerce & Industry (SICCI) for 2015-16 at its AGM held recently. Mr. M. Rafeeque Ahmed, Chairman, Farida Group, and Mr. R. Ganapathi, Chairman, Trigyn Technologies, were elected Vice-Presidents.

Dr. Periasamy heads the PGP Group which has diversified interests in hospitality, sugar and finance. A well-known industrialist and educationalist, he is the Chairman of Hotel Le Royal Meridien, Chennai.