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    Amira Foodsindia
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    Amira good Health Brown Basmati over a slow fire. Amira Good Health Brown Basmati Rice can Be also used in a variety of main or side Dishes.thay flavor will delight everyone, While reraining the many nutritional Benefits of brown rice.

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    Amira good Health Brown Basmati over a slow fire. Amira Good Health Brown Basmati Rice can Be also used in a variety of main or side Dishes.thay flavor will delight everyone, While reraining the many nutritional Benefits of brown rice.

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    Attribution Non-Commercial (BY-NC)
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    8 visualizzazioni8 pagine

    Amirafoods Export

    Caricato da

    Amira Foodsindia
    Amira good Health Brown Basmati over a slow fire. Amira Good Health Brown Basmati Rice can Be also used in a variety of main or side Dishes.thay flavor will delight everyone, While reraining the many nutritional Benefits of brown rice.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    acc UM ear es ge) as IEEEIOF GROUP MANAGING DiRECTOR ROEM MUM Ue iS Due Adan CG ru co What is it that makes innovation and entrepreneurship so intrinsic in nature? Does innovation hold the key for business growth and sustenance? These and similar questions |ERNST& YOUNG of importance were put to Amira Group MD, Karan A Chanana by Emnst 8 Young, a wwe global leader in management consultation, Karan A Chanana was recently invited to join the select group of New Champions 2009 by the World Economic Forum at Dalian in China, Ernst & Young followed up by inviting a panel of new generation business leaders to share their insights on the road for getting out of recession. Get the full download of this interview in the box story presented alongside Do you think the business world has fundamentally changed over the last 18 months or is it mostly ‘business as usual’? EI ERNST@ YOUNG “wotsintiebssitnsenonmen whips Sven os flat ex cme nthe bl oir Sane On Mi Karan A Chanana (GMD The Amria Group) particular, is clear testimony that business is artificial drop in consumption fora span of time, til itis realigned. @) ~ tis ble lp nd eighth it as on adit het weBBing Do you think India and China will help drive global recovery by becoming bigger consumers? AS) ta Definitely. nda and China, in the next two to three decades, are going to be the growth drivers of ely. two Boing to be the g Pace ce cn Ce TT RO RUN LOC LUE CRC R aOR see that more countries on ‘the world. You will see that more countries on the development path, and some developed. counties, are going to draw from their old cultural economic experience. Because in India and China, culture and economy is correlated ‘Why do you think India and China are growing so fast - whats the secret oftheir success? BC ua India is growing because we come from alow base. We'e a country of over abillion people, two: BUMETUAN) Ceo thirds of which ar ving ofthe land, Agriculture asa ectris the most regulated industyin = TERRE a India, We are going through a process where our population is younger and itis evolving to engage ORM ean vith the global envionment. Ina prs, isan insular economy We mised the industraiation, [AOS R ea eT “That is why, 300 years ago, India and China formed a majority ofthe global GDP. Maybe in another half or three-quarters of a century, t might go back o being global economies again, because they and China, culture and economy is corelated.” are going to be consumption centres, More and more governments are beginning to realise that energy securities kept us occupied for the last 10 years, and food security is going to keep us ‘occupied for the next two decades. Finding the critical balance between the two, for industries, services and other sectors is going to drive local consumption. (ur savings rate is testimony of our depth, which is sill not unlocked in an institutionalised manner, which the Western world is used to documenting and thriving off. So there are models to be exchanged from each other. India, from being behind the curve - we nationalised cour banks in the seventies ~ is now ahead of the curve, Indian banks are the strongest. You may ask why. because the urban class is the borrower: It isthe rural class which isthe depositor, because they just want their money to be safe. They don't understand basis points, they don't know private banking, They are simply interested in playing old simple banks, They don't have confidence in private banking. So sovereign banking is the norm. In countries where population is dense and in the hinterland, nationalised financial institutions are going to be the key drivers of growth, provided they hybridise the model like India has ‘We have certain priority sectors where government regulates what it can charge their consumers, Like the Wea talks about stimulus packages, India hhas been ahead of the curve again. In our last budget, India wrote away nearly USS1S billion of loans to farmers. Nobody is talking about that. So much so that the Western world has gone so far as not to appreciate India's stand on the same, and is talking about the things tobe done, But what it has missed out is that two-thirds of the population dependant on agriculture has already been, ‘compensated in a pre-emptive move, That isa clear testimony that we ate ahead of the curve, If you look at China, its doing the same for its export industry, What I find asa dilemma is that the Western, developed countries talk of how the subsidies in China are trade-distorting. Ibis very easy for them to forget that in the fifties and the sixties, in agriculture, Aftica was producing more food than itis today. ‘These 'twade-distorting subsidi the Weet, We ate just beginning to adapt it. So the is an innovation of developing world farmer is not competing with the farmer ofthe West; he is competing with the p subsidies of the West, which frankly, we can't jue lw EU ERNST&YOUNG

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