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A Weekly Newsletter
13 September 2013
th

Issue No. 432

trained manpower in the leather & footwear industry, under the PLSDP, on the one hand, FDDI has provided training in two major areas namely Cutting and Closing and on the other hand the trainees were also provided assistance for getting gainful employment in shop-floor operations.

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FICCI LeapVault Skills Champion of India award to FDDI

During the 6th Global Skills Summit organized by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Footwear Design & Development Institute (FDDI) has been awarded with the prestigious LeapVault Skills Champions of India award at FICCI Auditorium, New Delhi. The Skills Champion awards are a celebration of the exemplary work done by a large number of corporates, academia, government and other stakeholders in making skill development the fastest growing industry in India.
To overcome the acute shortage of trained manpower in the leather & footwear industry, under the PLSDP, on the one hand, FDDI has provided training in two major areas namely Cutting and Closing and on the other hand the trainees were also provided assistance for getting gainful employment in shop-floor operations. - Mr. Raajeev j Lakhara, Managing Director, FDDI

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The FICCI LeapVault Skills Champions Certificate awarded to FDDI

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Dr. Pallam Raju, Honble Union Minister for Human Resource Development, presented the prestigious award on 4th September, 2013 to the FDDI for Skill Development Training of more than 50,000 fresh and unemployed youth in the last 2 years under the Placement Linked Skill Development Programme (PLSDP) Scheme of the Ministry of Commerce & Industry, Govt. of India. The award is in recognition of the extraordinary contribution to skills development of the youth of India to meet the requirement of semi-skilled/ skilled workforce in the industries and to improve their employability. Elated with this development, Mr. Raajeev j Lakhara, Managing Director, said, To overcome the acute shortage of

The 6 th Global Skills Summit was organized by FICCI in association with the Ministry of Human Resource Development, Ministry of Labour & Employment, National Skills Development Corporation and was attended by 500 plus delegates from more than 8 countries. We are highly motivated by this prestigious award and aim to work even harder and contribute significantly towards a better future for the youth in rural India and enhancing their socioeconomic condition, added Mr. Lakhara. FDDI's efforts in creating fresh & unemployed youths as skilled work force through an intensive training programme has been a great success and applauded at various forums as the most innovative and effective approach of implementation of any of the scheme carried out so far.

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Changes in FDI policy notified

The government has notified changes in the Foreign Direct Investment (FDI) policy, paving the way for larger overseas investments in sectors such as multibrand retail and telecom. It also widened the definition of the term 'control' for mergers and acquisitions involving overseas companies, a move that will provide more clarity to foreign investors. The notification follows the Cabinet decision of August 2 to relax overseas investment norms. (Source: The Hindu)

of Small Enterprises and Development. He added that they cannot be expected to run after various departments for various permissions and approvals.
There's a pressing need for the State governments to join hands with the Central government to work towards increasing the presence of MSME's in the eco system.

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MSMEs to get push from Centre

The government is working towards scaling up its intervention in the huge unorganised sector of the Micro Small Medium Enterprises (MSMEs). It has recognised the need to tackle the ecosystem like labour, financial sector, taxation etc., and for this there's a pressing need for the State government, local government to join hands with the Central government to work towards increasing the presence of MSME's in the eco system, said Mr. Madhav Lal, Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India. There are 36 million MSMEs and any intervention seems small and insignificant, he said, adding there is a need to look at a mechanism of partnership to reach these enterprises and scale them to global level. The eco-systems need to be corrected he said speaking at the launch of the India Micro, Small and Medium Enterprise Report 2013, brought out by the Institute

He expressed concern that the contributions of MSMEs towards the manufacturing segment is stagnant at 16 per cent of GDP the reason being MSME's finding it difficult to articulate their problems and find solutions. Agreeing with him Mr. Vijay Kalantri, President of the All India Association of Industries spoke of the number of taxes and permissions etc., that the MSMEs were subjected to. Later in a list he gave, it was revealed that there were 60 officers/inspectors authorized to visit factories and offices of companies and as regards taxes, they had to pay around 16 different taxes to the local government, about 20 different taxes to the State government and 28 different taxes to the Central government. He told that 25 per cent of small units surveyed are struggling for survival due to non-availability of easy credit. (Source: The Asian Age)

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IKEA may start from Hyderabad

Swedish retailer IKEA may choose Hyderabad for its first store in India. The company will invest at least $100 million (` 630 Crore) in the city, according to two

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State government officials who met the company's India head Juvencio Maeztu on September 11, 2013. Maeztu himself was not available for comment. The IKEA team is looking for at least five acre of land at a prime location in the city. They did not seek any incentives over and above those being offered by the State government as part of its policy for mega projects, said a senior bureaucrat who met the team from the Swedish company. They have promised to come up with a detailed project proposal in couple of weeks. (Source: The Economic Times)

Investment (FDI), a Walmart India spokesperson told in an emailed response. A Bharti spokesperson said the company does not comment on speculation. Walmart's India entry has been marred by a string of controversies. In June, its chief Raj Jain quit abruptly, a few months after Bharti Walmart suspended five executives as part of a global investigation against alleged corrupt practices. (Source: Hindustan Times)

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Planet Fashion eyes 200 stores by year end

Planet Fashion, the multi-brand apparel retail chain from Madura Fashion & Lifestyle, is looking at 20 per cent growth from its stores across the country and plans to increase the number to 200. Consumer Response There has been an encouraging consumer response to multi-brand apparel retail chains in the recent period as is evident from the ` 300-Crore retail turnover registered by the company in the last fiscal, Mr. G.S. Rajesh, Brand Head, Planet Fashion, said. Mr. Rajesh, who was at Kochi to open a showroom, said that the stores have been successful not only at premium locations but, also across smaller towns. With 173 stores in 111 towns, Planet Fashion has a five-million customer base. Mr. Rajesh said the number of outlets would be increased to 200 by the year end. In Kerala, the company has 16 such stores which would touch 20 by the year end. Today, Planet Fashion stands as a menswear destination with a complete wardrobe solution for all possible occasions, across price points.

Walmart, Bharti head for split

World's largest retail chain Walmart is unlikely to partner Bharti Group for its retail foray in India. The company, it is learnt, is in talks with other Indian firms to ink a new deal for deep-discount superstores in India. By month-end, Walmart is likely to announce its decision to pull out $100million (` 455 Crore in 2010) investment made in a Bharti Group company Cedar Support Services for which it is facing a government probe for breaking rules. The pull-out will virtually rule out a potential partnership deal with Bharti Retail that operates front-end stores under the brand name Easy Day. Walmart is also examining options to call off its six-year old 50:50 wholesale venture with the Sunil Mittal-led group which runs cash-and-carry stores under the Best Price Modern Wholesale brand. We continue to review the guidelines and work with the government to understand the rules that exist for Foreign Direct

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He said that a majority of customers choose multi-brand apparel stores and a small segment still prefer a particular brand for their needs. The outlet offers wide range of shirts, trousers, t-shirts, denims, suits and accessories. (Source: Business Line)

Resource Center Publication - Swayam Siddha Provided by FDDI, NOIDA

Resource Center Publication - Swayam Siddha S. ` No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. Name of the Publication Product Knowledge (English) Product Knowledge (Tamil) The Art of Leather Grading The Art of Costing (Tracing Method) The Art of Costing (Russ & Small Method) The Art of Cutting Corrected Grain The Art of Cutting Kid & Goat The Art of Buffalo Cutting The Art of Cutting Calf and Suede The Skill of Clicking Press & Strip Cutting Machine Essentials of Sewing The Skill of Single Needle Post Bed Sewing Machine The Skill of Twin Needle Post Bed Sewing Machine The Skill of Twin Needle Flat Bed Sewing Machine The Skill of Skiving The Skill of Seam Reducing The Skill of Cylinder Arm Slipper Binder Machine The Art of Hand Folding The Art of Hand Turn Over Binding The Skill of Thermo Folding The Skill of Zig-Zag Sewing Machine The Skill of Corder Flat Bed Sewing Machine The Skill of Bar Tacker The Skill of Hole Puncher & Manual Eyeletter The Skill of Taping, Reinforcing & Perforating 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. The Skill of Flat Bed Under Trimmer The Skill of Post Bed Under Trimmer The Assembly of Men's Plain Vamp Oxford Assembly The Skill of Stitch Down Sole Stitcher The Skill of the Edge Linking The Skill of Indent Marking The Skill of Edge Pre Trimming The Skill of Last & Upper Preparation The Skill of Insole Production The Skill of Evening & Roughing 550.00 450.00 450.00 450.00 600.00 400.00 500.00 500.00 500.00 500.00 600.00 500.00 500.00 350.00 300.00 500.00 500.00 500.00 550.00 200.00 400.00 350.00 350.00 800.00 700.00 Price in ` 850.00 200.00 550.00 500.00 500.00 800.00 700.00 700.00 500.00 600.00

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MSME conclave at Milan mela

For the first time, the Department of Micro & Small-Scale Enterprises and Textiles (MSSE&T), in collaboration with other government departments, will organise "Synergy MSME 2013" focusing on multi-dimensional and customised solution for Micro Small and Medium Enterprises' (MSME) business needs. The six-day event will be held from 16 to 21st September at the Milan Mela grounds in Kolkata. Speaking about the event, MSSE&T Minister, Mr. Swapan Debnath said: "The conclave will give opportunity to all small traders and big entrepreneurs to interact with each other and have a good business. This will also enable small traders to have direct business with the entrepreneurs, the minister added. (Source: The Statesman)
Compiled by : Resource Centre (RCIP), Footwear Design & Development Institute (Ministry of Commerce & Industry, Government of India) A-10/A, Sector-24, NOIDA-201301 Phone : + 91-120-4500100, 4500107 Fax : + 91-120-2412556, 2411301 Editor-in-Chief : Ajay Kumar Editor : Amit Kumar Sharma Asst. Editor : Ashish Kumar Email : ashish@fddiindia.com Website : http://www.fddiindia.com
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To be continued