February 2019 PASCHEEM 1

• Chairman’s Message---------------------------------------------------------------------------04

• Economy Snapshot-----------------------------------------------------------------------------05

• Highlights and Analysis of Union Budget 2019-20-----------------------------------06

• 13th CII Western Region SHE Excellence and Innovation Award 2018--------13

CONTENTS
• Robust GDP Growth to Continue in 2019-----------------------------------------------16

• MahaKaushalya 2018 --------------------------------------------------------------------------17

• The Apprentices Act Amended … What Next?-----------------------------------------18

• The CII Partnership Summit 2019----------------------------------------------------------20

• CII Triveni Water Institute: Moving Towards a Secure Water Scenario----------30

• Edtech: Tech Trends to watch out for in the education sector--------------------34

• India’s export incentives come under WTO scanner- Time for the Industry
Captains to wake up------------------------------------------------------------------------- --36

• Tech Edge----------------------------------------------------------------------------------- -------38

• CII Reports-----------------------------------------------------------------------------------------39

• Initiatives-------------------------------------------------------------------------------------------41

• Forthcoming Events----------------------------------------------------------------------------67

20 41

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2 PASCHEEM February 2019 February 2019 PASCHEEM 3

Chairman's Message
Dear Members,
The interim Union Budget 2019-
20 announced on 1 February
2019 has been presented
with a positive outlook and
the Confederation of Indian
Industry’s Western Region
theme ARISE – Accountability, Reforms, Innovation,
Sustainability and Employment, is in alignment with
it. Described by the Hon’ble Prime Minister of India
as the trailer of the ‘new India’ to come, the budget
managed to reach out to a vast audience with major
beneficiaries being the middle-class individuals,
farmers and workers in the unorganised sector.
The budget laid down the vision for India to become
a 5 trillion-dollar economy in the next five years and
to become a 10 trillion-dollar economy in the eight
years thereafter.  It also laid a vision for 10 important
dimensions in 2030 which include - Physical and
Social Infrastructure, Digital India, Clean and green
India, Rural Industrialization, Clean Rivers, Oceans
and Coastlines, Space Programme, Self-sufficiency
in food, Healthy India and Minimum Government,
Maximum Governance.
To minimise the farm distress, the ‘Pradhan Mantri
Kisan Yojana’, a farm income support scheme
- focused on small and marginal farmers was
announced under which direct income transfers will
be undertaken into their bank accounts. This scheme
is expected to benefit over 12 crore farmers having
land holdings of less than 2 hectares. Additionally,
a 2% interest subvention was announced for
animal husbandry and fisheries and a 3% interest
subvention was announced for timely repayments.
The ‘Pradhan Mantri Shram Yogi Maandhan’ scheme
was announced to ensure fixed monthly pension to
10 crore unorganized sector workers. Middle class
individuals witnessed some relief as the Finance
Minister announced tax exemption for individuals
earning upto Rs 5 lakh. Around 3 crore middle
class tax payers are expected to benefit from this
announcement. Standard Deduction was raised by
Rs 10,000 to Rs 50,000 in addition to some more
benefits.
The budget pegged fiscal deficit at 3.4% of GDP for
2019-20 and targeted deficit of 3% to be achieved
by 2020-21. Focussing on debt consolidation, debt-
to-GDP ratio will be brought down to 40% by 2024-
25, from 46.5% in 2017-18 in accordance with the
FRBM Act.
4 PASCHEEM February 2019
Meanwhile on the economic front, inflation in
December 2018 eased as compared to the preceding
month largely led by decreasing oil prices. The IIP
for the month of November 2018 was 0.5% higher
as compared to a year ago. The combined Index of
Eight Core industries was 2.6% higher in December
2018 as compared to a year ago. Cumulative value
of exports for the period April-December 2018-19
was up by 10.18% in dollar terms. India’s GDP is
expected to grow by 7.2% in 2018-19 as compared
to the growth rate of 6.7% in 2017-18.
In September 2018, CII WR led a SME Business
Delegation to South Korea and a positive outcome
of this visit was the signing of a Joint Venture
Agreement between a visiting Indian company –
Shubham Acqualink (India) Pvt Ltd and a Korean
Company - Rothwell Korea Ltd for manufacturing
latest patented technology of sewage treatment
plants in India through their group company Shubham
Equipments Pvt Ltd.
Focusing on the way forward for GST, doing business
in the digitalized world, latest government financial
schemes and fund raising options; CII’s awareness
sessions enable MSMEs become more competitive.
The ongoing initiative of Vendor Development
Programmes and Roundtable workshops cum
B2B meetings with Central Public Enterprises and
Original Equipment Manufacturers in association
with the Ministry of MSME and National Small
Industries Corporation led National SC/ ST Hub
are being organized across the Western Region at
Rajkot, Aurangabad, Indore, Ahmedabad and Surat.
In this edition, we have a special section on interim
budget highlights and analysis. The cover story
features details of the mega CII initiative viz the
25th edition of the Partnership Summit, which
was organised in Mumbai.  In addition, we have
some interesting articles on the 13th CII WR
SHE Excellence and Innovation Awards, India’s
GDP growth, Tech trends in education sector,
Amendments in Apprenticeship Act, CII Water
Institute and future of India’s export incentives.
Besides we have our regular feature on past and
forthcoming CII initiatives.
We hope that you will enjoy reading our magazine.
We will be glad to have your feedback.
Regards
Piruz
GDP
GDP at constant (2011-12) prices during 2018-19
is likely to attain a level of Rs 139.52 lakh crore,
translating into a y-o-y estimated growth rate of
7.2% as compared to the growth rate of 6.7% in
2017-18. The economic activities estimated to have
a growth of over 7% are ‘Electricity, Gas, Water
Supply & Other Utility Services’, ‘Construction’,
‘Manufacturing’, ‘Public Administration, Defence and
Other Services’. The growth in the ‘Trade, Hotels,
Transport, Communication & Services related to
Broadcasting’, ‘Financial, Real Estate & Professional
Services’, ‘Agriculture, Forestry & Fishing’ and
‘Mining & Quarrying’, is estimated to be 6.9%,
6.8%, 3.8% and 0.8% y-o-y, respectively.
Inflation
The annual rate of inflation based on monthly
Wholesale Price Index (WPI), stood at 3.80% (prov)
for the month of December 2018 as compared to
4.64% (prov) for the previous month and 3.58%
during the corresponding month of the previous year.
The index for Manufactured Products (Wt 64.23%)
declined by 0.4% as compared to the previous
month. The index for Primary Articles (Wt 22.62%)
declined by 1.8%. The index for Fuel and Power (Wt
13.15%) declined by 5.9% with the index for mineral
oils sub-group declining by 10.2%.
The all-India inflation based on Consumer Price Index
(CPI) fell to 2.19% (prov) in December 2018 from
2.33% (final) in November 2018. Rural and Urban
inflation stood at 1.65% and 2.91%, respectively.
Consumer Food Price Index stood at -2.51 (prov)
in December 2018 as compared to -2.61 (final) in
November 2018.
Index of Industrial Production
The IIP for the month of November 2018 was 0.5%
higher as compared to a year ago. The IIP for Mining,
Manufacturing and Electricity sectors growth rates
of 2.7%, -0.4% and 5.15% yoy, respectively. The
cumulative growth in these three sectors during
April-November 2018 over the corresponding period
of 2017 was 3.7%, 5% and 6.6%, respectively.
Economy
Snapshot
Index of Eight Core Industries
The Eight Core Industries comprise 40.27 % of the
weight of items included in the Index of Industrial
Production (IIP). The combined Index of Eight Core
industries was 2.6% higher in December 2018 as
compared to a year ago. The cumulative growth of
combined index of eight core industries during April
to December 2018-19 was 4.8%. The IIP of sectors
that registered an increase are steel (13.2%), cement
(11.6%), natural gas (4.2%), electricity (4%) and
coal (0.9%). The sectors that registered a decline
included petroleum (4.8%), crude oil (-4.3%) and
fertilizers (-2.4%).
Foreign Trade
India’s exports in December 2018 were valued at
USD 27.93 billion as compared to USD 27.83 billion
in December 2017 showing a miniscule growth of
0.34%. Major commodity export groups showing
positive growth over corresponding month of last
year include petroleum products (13.18%), organic
& inorganic chemicals (5.5%), RMG of all textiles
(2.77%), electronic goods (50.81%) and plastic &
linoleum (20.18%). Non-petroleum and non-gems
& jewellery exports saw a growth of 1.08% in
December 2018 compared to a year ago. Cumulative
value of exports for the period April-December 2018-
19 was up by 10.18% in dollar terms.
Imports in December 2018 were valued at USD
41.01 billion which was 2.44% lower as compared
to December 2017. Major commodity groups of
import showing high yoy growth include petroleum,
crude & products (3.16%), machinery, electrical
& non-electrical (8.38%), organic & inorganic
chemicals (2.72%) and coal, coke and briquettes,
etc (11.39%) and iron & steel (15.61%). Non-oil
and non-gold imports registered a negative growth
of 1.86% as compared to the imports in December
2017. Cumulative value of imports for the period
April-December 2018-19 was up by 12.61% in Dollar
terms.
Overall trade deficit (including merchandise and
services) for April-December 2018-19 is estimated at
USD 82.72 billion as compared to USD 69.63 billion
during the same period a year ago.
February 2019 PASCHEEM 5
 Highlights and Analysis
of Union Budget 2019-20
Key Features of the Interim Budget 2019
1. ECONOMY
I. State of the Economy
• India is the fastest growing major economy in
the world and it has risen from being the 11th
largest economy in the world, in 2013-14, to the
6th largest today.
• The average rate of inflation during 2009-2014
was around 10.1% but it has been brought down
to 4.6% in the Apr 2014-Dec 2018 period. As a
result, expenditure on basic necessities such as
food, travel, consumer durables, housing, etc.
has been reduced.
• Fiscal Deficit has been brought down to 3.4%
in 2018-19 RE from 6% seven years ago.
Additionally, current account is likely to be only
2.5% of GDP in 2018-19 as against a high of
5.6% six years ago.
• Stable and predictable regulatory regime,
growing economy and strong fundamentals and
rapid liberalization of FDI regime has helped India
attract Foreign Direct Investment (FDI) to the
tune of USD 239 billion during the last 5 years.
• The previous five years have witnessed a wave
of next generation structural reforms, like Goods
and Services Tax (GST) and other taxation
reforms, which have set the stage for decades
of high growth.
II. Farmers Progress, Increase in Income and
Rural Economy
• ‘Pradhan Mantri KIsan SAmman Nidhi (PM-
KISAN)’ programme introduced to provide an
assured income support to small and marginal
farmers.
6 PASCHEEM February 2019
• A separate Department of Fisheries to be set up.
• Animal Husbandry and Fisheries farmers to
receive 2% interest subvention and a further 3%
interest subvention in case of timely repayment.
• During natural calamities, interest subvention of
2% during the entire period of re-schedulement
of the loan and an additional 3% in case of timely
repayment.
• Increase in allocation for Pradhan Mantri Gram
Sadak Yojana (PMGSY).
• Allocation of Rs. 60,000 crores for MGNREGA in
2019-20 BE.
III. Labour and Workers Dignity
• 'Pradhan Mantri Shram-Yogi Maandhan', a mega
pension yojana, launched.
• A Committee to be set up to identify De-notified,
Nomadic and Semi-Nomadic communities not
yet formally classified.
IV. Strengthening Defence and National Security
• Defence Budget has crossed Rs. 3,00,000 crore
for the first time in 2019-20.
V. Infrastructure development
• Indian Railways - Capital support from the budget
is proposed at Rs. 64,587 crore in 2019-20 BE.
• Proposal to increase infrastructure allocation for
the North Eastern Areas by 21% in 2019-20 BE
over 2018-19 BE.
VI. Digital India Revolution
• Proposal to convert 1 lakh villages into Digital
Villages over next five years.
VII. Entertainment
• Single window clearance for shooting films for
• India to lead the world in transport revolution
through electric vehicles and energy storage
Indian filmmakers devices, while bringing down import dependence
and ensuring energy security.
• Introduction of anti-camcording provisions in the
Cinematograph Act. 4. Rural Industrialization
• Expand rural industrialization using modern digital
technologies to generate massive employment.
VIII. GST Reform for benefit to consumers and
businesses • Make in India approach to develop grass-roots
level clusters, structures and mechanisms
• GST council to appoint a Group of Ministers to
encompassing the MSMEs, village industries
examine and make recommendations at the
and start-ups spread across the country.
earliest for reducing the GST burden on home
buyers. • India on way to becoming a global manufacturing
hub in various sectors including automobiles and
• Businesses comprising over 90% of GST payers
electronics, defence and medical devices.
will be allowed to file quarterly returns soon
5. Clean Rivers
• Clean Rivers, with safe drinking water to all
IX. Vision for the next decade
Indians for sustaining and nourishing life.
• India poised to become a 5 trillion-dollar economy
• Efficient use of water in irrigation using micro-
in the next five years and aspires to become a
irrigation techniques.
10 trillion-dollar economy in the next eight years
6. Oceans and Coastlines
thereafter.
• Vision for 10 most important dimensions in 2030 • India’s coastline and ocean waters to power
India’s growth and development.
1. Build physical and social infrastructure
• India’s long coastline has the potential to ensure
• Provide ease of living for a 10 trillion-
better standards and quality of life for a large
dollar economy by building next generation
number of people living in the coastal areas,
infrastructure of roads, railways, seaports,
particularly through exploitation of the Blue
airports, urban transport, gas and electric
Economy.
transmission and inland waterways.
• Efforts in the Sagarmala programme will be
• Every family to have a roof on its head in a
scaled up to develop other inland waterways
healthy, clean and wholesome environment.
faster.
• Build a quality, science oriented educational
7. Space Programme
system with institutes of excellence providing
leadership at the top. • Gaganyaan: placing an Indian astronaut into
space by 2022.
2. Digital India
• Becoming India’s launch-pad of satellites for the
• Digital India to reach every sector of the economy
world.
and impact life of all citizens.
8. Self-sufficiency in food
• Digital Infrastructure and digital economy of
2030 will be built upon the successes achieved • Exporting to the world to meet their food needs
in recent years in digitization of Government and producing food in the most organic way.
processes and private transactions. • High farm production and productivity will be
• Youth to lead the endeavour by creating achieved through modern agricultural practices
innumerable start-ups creating Digital India and and value addition.
millions of jobs in this eco-system. • Integrated approach towards agro and food
3. Green and Clean India processing, preservation, packaging and
maintenance of the cold chain will be the focus
• India will drive on electric vehicles with
of attention.
renewables becoming a major source of energy
supply.
February 2019 PASCHEEM 7
9. Healthy India
• Healthy society with an environment of health
assurance and necessary health infrastructure
support.
• Works towards a distress free health care and a
functional and comprehensive wellness system
for all.
• To build a healthy India with the participation of
women having equal rights and concern for their
safety and empowerment.
10. Minimum Government, Maximum Governance
• Proactive, responsible and friendly bureaucracy
X. The Fiscal Programme for 2019-20 and
beyond
Fiscal Deficit
• Fiscal deficit of year 2019-20 pegged at 3.4% of
GDP.
• Excluding income support fiscal deficit would
have been 3.3% for 2018-19 and less than 3.1%
for 2019-12.
• Target of 3% fiscal deficit by 2020-21 to be
maintained.
• Debt-to-GDP ratio to be brought down to 40% by
2024-25, from 46.5% in 2017-18 in accordance
with the FRBM Act.
• Along with fiscal consolidation, focus to be on
debt-consolidation.
Expenditure
• Total expenditure increased from Rs. 24,57,235
crore in 2018-19 RE to Rs. 27,84,200 crores
in 2019-20 BE, a rise of Rs. 3,26,965 crore or
approximately 13.30%.
• Capital Expenditure for 2019-20 BE estimated to
be Rs. 3,36,292 crore.
• Centrally Sponsored Schemes (CSS) are
proposed to be allocated Rs. 3,27,679 crore
in BE 2019-20 as against Rs. 3,04,849 crore in
2018-19 RE.
• Allocation for National Education Mission
proposed to be increased from Rs.32,334 crore
in RE 2018-19 to Rs. 38,572 crore in BE 2019-20.
• Allocation for Integrated Child Development
Scheme (ICDS) proposed to be increased from
Rs. 23,357 crore in RE 2018-19 to Rs. 27,584
crore in BE 2019-20.
8 PASCHEEM February 2019
Welfare Allocation for Scheduled Castes and
Scheduled Tribes
• Substantial increase proposed in the allocation
for welfare of the Scheduled Castes and
Scheduled Tribes.
• The allocation in 2018-19 BE of Rs. 56,619 crore
for Scheduled Caste, further increased to Rs.
62,474 crore in 2018-19 RE is proposed to be
further enhanced to Rs. 76,801 crore in 2019-20
BE , an increase of 35.6% over 2018-19 BE.
• Proposed allocation in 2019-20 BE for Scheduled
Tribes is Rs. 50,086 crore as against Rs. 39,135
crore in2018-19 BE, an increase of 28%.
Public Enterprises Asset Management
• Disinvestment proceeds targeted to cross Rs
80,000 crore during 2019-20.
Levy of Stamp Duty
• Stamp duties would be levied on one instrument
relating to one transaction and get collected at
one place through Stock Exchanges.
• The duty collected to be shared with the State
Governments seamlessly on the basis of
domicile of buying client.
2. TAXATION
DIRECT TAXES
• Full tax rebate has been announced for individuals
having taxable annual income up to Rs 5 lakhs;
while people with gross income above Rs. 5
lakhs will not need to pay any tax if they make
investments in provident funds and prescribed
equities, and their taxable income comes down
to upto Rs. 5 lakhs.
• For salaried persons, Standard Deduction has
been raised from the current Rs.40,000 to
Rs.50,000.
• Exemption on levy of income tax on notional rent
on a second self-occupied house is proposed.
• TDS threshold on interest earned on bank/post
office deposits has been raised from Rs. 10,000
to Rs.40,000.
• TDS threshold for deduction of tax on rent is
proposed to be increased from Rs. 1,80,000
to Rs.2,40,000 for providing relief to small
taxpayers.
• Benefit under section 54, for rollover of capital
gains, increased from investment in one
residential house to two residential houses for
capital gains upto Rs. 2 crore.
• Tax benefits for affordable housing extended
till 31st March, 2020 under section 80-IBA of
Income Tax Act.
• Tax exemption period on notional rent on unsold
inventories extended from one year to two
years.
Analysis of the Budgetary
Proposals
1. Overview
Against the backdrop of impending elections, the
Government presented an interim Budget, balancing
sustainable inclusive growth with fiscal prudence.
Major groundbreaking measures such as a farm
income support scheme and a mega pension scheme
for the workers employed in the unorganised sector
buttress the Government’s focus on providing a
better quality of life for all.
In the following sections, CII analyses the major
provisions of the Budget and their implications
across sectors.
2. Fiscal Deficit: Balancing Prudence with
Flexibility
With a fiscal deficit of 3.4% in 2018-19 (RE), the
government continues to maintain the glide path to
3.0% fiscal deficit by 2020-21. Although the 2018-
19 (RE) figure is lower than the 2017-18 (RE) fiscal
deficit of 3.5% of GDP, it is higher than original target
of 3.3% for 2018-19.
The Budget estimates the fiscal deficit for 2019-20
to be 3.4% of GDP. If the income support provided
to farmers is excluded, this figure drops to less than
3.1% for year 2019-20. Similarly, the fiscal deficit
would have been less than 3.3% for 2018-19.
The Government has met its revenue deficit target
of 2.2% in 2018-19 (RE). This figure is expected
to remain constant in 2019-20. Primary deficit has
decreased to 0.2% in 2018-19 (RE) as against a
budgeted figure of 0.3%. The Government has set a
target of 0.2% for 2019-20.
The FRBM Act prescribes a 40% debt to GDP ratio
by 2024-25. India’s debt to GDP ratio stood at 46.5%
during 2017-18. In a positive move, the government
has announced its intention to focus on debt
consolidation.
• Steps to be taken towards developing an
assessee free IT department, all returns to
be processed in 24 hours and refunds issued
simultaneously.
• In two years, steps to be taken towards electronic
verification and assessment of returns selected
for scrutiny.
The Government intends to meet the disinvestment
target of Rs 80,000 crore for 2018-19 and has set
a target of Rs. 90,000 crore for 2019-20 fiscal, an
increase of 12.5%. This is a welcome move in line
with CII recommendations.
3. Agriculture
Agriculture remains the primary source of livelihood
for the country, being the primary driver of the
rural economy. Declining prices of agricultural
commodities coupled with small land holdings have
adversely impact agriculture earnings. In order to
boost farmer income and the agriculture sector, the
Budget has proposed the following initiatives:
• Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
aims to provide structured income support to the
small land-holder farmers for procuring better
quality agriculture
inputs and reducing dependency on the informal
lending sector. This scheme will provide Rs 6,000
per annum to small and vulnerable farmers, that is,
farmers with holding land of up to 2 hectares. The
amount will be directly transferred to their bank
accounts in 3 equal installments.
Around 12 crore farmer families are expected to
benefit from this scheme, effective from 1December
2018. PM-KISAN entails an annual expenditure of Rs
75,000 crore during FY 2019-20, in addition to Rs
20,000 crore in FY 2018-19.
CII welcomes this path-breaking farm income
support scheme, aimed at reducing distress amongst
the farming community. Moreover, a direct income
transfer scheme will not only limit leakages but also
prevent market distortions.
• In the event of a natural calamity, crop loans are
rescheduled for affected farmers and interest
February 2019 PASCHEEM 9

subvention of 2% is provided only for the first
year of the rescheduled loan. The Government
now proposes that farmers affected by severe
natural calamities (where assistance is provided
from the National Disaster Relief Fund) will
receive interest subvention of 2% for the entire
period of re-schedulement of their loans. In
addition, an additional 3% interest subvention
will be provided upon timely repayment. This is
a welcome move as it will reduce the financial
burden on farmers in times of natural calamities.
and help strengthen the credit adherence culture
in the rural economy.
• Allocation under Rashtriya Gokul Mission has
been increased to 750 crore. The Rashtriya
Gokul Mission aims to conserve and develop
indigenous breeds of cattle, in a focused and
scientific manner
• Rashtriya Kamdhenu Aayog is being set up to
upscale sustainable genetic up-gradation of
cow resources and to enhance production and
productivity of cows.
• India is the second largest fish producing
nation in the world, accounting for 6.3% of
global production. Further, the sector provides
livelihood to about 1.45 crore people and is a
significant foreign exchange earner. In order
to provide sustained and focused attention
to issues relating to the fisheries sector, the
Government has decided to create a separate
Department of Fisheries.
• Benefit of 2% interest subvention extended to
animal husbandry and fisheries sectors who avail
loans through the Kisan Credit Card. Further, in
case of timely repayment, farmers will receive
an additional 3% interest subvention. This move
is expected to enhance the uptake of animal
husbandry and fisheries’ related activities as well
as strengthening of the value chain by making
credit more affordable.
• The Government proposes to simplify the Kisan
Credit Card (KCC) application form, to bring a
greater number of farmers under KCC.
4. Manufacturing and Services
The long-term vision included in the Budget provides
a wider blueprint of the Government’s resolve
to continue making India an engine of growth for
manufacturing economy. Initiatives to build next
generation infrastructure - physical and social - for
10 PASCHEEM February 2019
a USD 10 trillion economy would create massive
opportunities for the manufacturing sector.
The Budget envisioned India as a global manufacturing
hub in various sectors including automobiles and
electronics, defence and medical devices.
Sectoral initiatives proposed in the Budget are as
under.
a. Defence
The defence budget is expected to cross Rs 3,00,000
crore, for the first time, in 2019-20 (BE), an increase
of Rs 19,873 crore over 2018-19 (RE). Around half of
this increase, around Rs. 9,400 crore is budgeted in
capital expenditure, which may result in increased
procurement of defence equipment.
b. Entertainment
Recognizing that the entertainment industry is a
significant employment generator, the Government
proposes to introduce a Single Window Clearance for
ease of shooting films, for Indian filmmakers. Further,
anti-camcording provisions in the Cinematograph Act
will be introduced to reduce piracy. These measures
should result in reduced costs and greater ease of
doing business for the sector.
c. Artificial Intelligence and smart manufacturing
To boost the National Programme on 'Artificial
Intelligence', the Government proposes setting
up of a National Centre on Artificial Intelligence,
complemented by Centres of Excellence. A National
Artificial Intelligence portal will also be developed.
The focus on Artificial Intelligence (AI) is indeed
heartening for the manufacturing industry. Setting
up a National Centre on Artificial Intelligence will help
position India at the centre of global innovation. The
National Artificial Intelligence Portal will facilitate the
development of other sectors such as healthcare,
agriculture, education, smart cities, infrastructure
and transportation. The futuristic national scheme
announced by the government on Artificial
intelligence will promote the use of technology and
digitisation and will provide the necessary AI support
required by industry.
d. Electronics
The Budget envisions India as a global manufacturing
hub with the electronics sector explicitly mentioned
as a key driver.
The proposal to reduce the tax burden on the middle
class implies more money in the hands of the
consumer, thus stimulating consumption. The focus
on digital infrastructure is an encouraging step for
the electronics sector.
Automotive
The Government’s vision 2030 for making India
pollution free and ensuring energy security is well
appreciated by CII. Promoting the manufacture and
use of electric vehicles is a multi-benefit initiative,
reducing the carbon footprint of transportation, air
pollution, and petroleum imports. At the same time,
it is expected to spur the growth of the automotive
industry.
f. Transmission Line Industry
The impetus on social & physical infrastructure
development by 2030 and electrical vehicles &
storage will have a long-term positive impact on
the transmission and distribution (T&D) sector.
This additional need for power generation and
transmission lines will lead to more T&D capex.
g. Logistics
The Budget outlined the Government’s vision
to improve the domestic logistics and empower
supply chain capabilities. The thrust on inland
water development and cargo is a welcome move.
A 21% increase in allocation for the North East
will boost connectivity-driven initiatives thereby
bolster economic growth and create employment
opportunities.
In addition, the custom’s department intends to
introduce full and comprehensive digitalisation of
trade transactions and leverage RFID technology to
improve export logistics.
5. MSME
The Government e-Marketplace (GeM), introduced
to ensure transparent, efficient and inclusive (by
providing MSMEs the opportunity to participate)
public procurement, will now be extended to all
CPSEs.
The Government has recently assigned the task of
“promotion of internal trade including retail trading
and welfare of traders, and their employees” to
the Department of Industrial Policy and Promotion.
Consequently, it now be renamed as the Department
for Promotion of Industries and Internal Trade.
6. Infrastructure Development
The Budget primarily proposed initiatives on
following four sub-sectors of infrastructure:
a. Roads
In a welcome boost to construction of rural roads,
the allocation to Pradhan Mantri Gram Sadak Yojana
(PMGSY) has increased from Rs 15,500 crore in
2018-19 (RE) to Rs 19,000 crore in 2019-20 (BE).
b. Railways
The Government has proposed a 22% increase in
capital support to Indian Railways, from Rs 53,060
crore in 2018-19 (RE) to Rs 64,587 crore in 2019-
20 (BE). This move is expected to boost railway
infrastructure such as station redevelopment.
Further, the introduction of India’s first indigenously
developed and manufactured semi-high speed Vande
Bharat express is a major leap in wholly developed
technology, giving an impetus to the Make in India
programme as also creating jobs.
c. Energy
In continuation of the Saubhagya Yojna scheme,
which provides free electricity connections, all
households are expected to receive a connection by
March 2019.
d. Real Estate
The Government initiatives relating to real estate
sector are expected to provide the sector with the
much-required impetus. These initiatives include:
• Benefit of rollover of capital gains under section
54 of the Income Tax Act to be increased from
investment in one residential house to two
residential houses.
• Benefits under Section 80-IBA of the Income
Tax Act to be extended for housing projects
approved till 31 March, 2020, thereby increasing
the number of homes available under affordable
housing.
• Period of exemption from levy of tax on notional
rent, on unsold inventories, to be extended from
one year to two years.
e. Digital
The Government proposes transforming 1 lakh
villages into ‘Digital Villages’ over next five years.
7. Education and Child Development
In a welcome move, the Government has proposed
an increase in the allocation for the National Education
Mission from Rs 32,334 crore in 2018-19 (RE) to Rs
38,572 crore in 2019-20 (BE).
The allocation for the Integrated Child Development
Scheme has also been increased from Rs 23,357
crore in 2018-19 (RE) to Rs 27,584 crore in 2019-20
(BE).
February 2019 PASCHEEM 11
 13th CII Western Region
8. Informal sector 9. Healthcare SHE Excellence and Innovation
The Government has proposed the introduction of
a pioneering mega pension yojana - Pradhan Mantri
The Government has announced the setting up of
a 22nd AIIMS in Haryana. This should contribute to Award 2018
Shram-Yogi Maandhan - for the unorganised sector building capacity in quality healthcare in the country.
workers. This yojana, targeted at workers with
monthly income upto Rs 15,000, provides them an
assured monthly pension of Rs 3,000 from the age 10. Financial Markets Safety, Health & Environment (SHE) Excellence Assessment Process
of 60 years. Workers will have to make a monthly The Budget proposes that stamp duties be levied Awards are constituted towards acknowledging
The entire assessment process is divided into four
contribution during their working age. on one financial securities instrument relating to one the Vision and Exemplary Commitment of the CEO
steps as follows:
transaction and get collected at one place through and his team for environmental responsibility, their
At least 10 crore workers, in the unorganised sector, 1. Inviting applications & scrutiny of the same for
the Stock Exchanges. The duty so collected will concerns for occupational Health and Safety of
are expected to avail this benefit within next five shortlisting
be shared with the State Governments seamlessly employees and society as a whole.
years, making it one of the largest pension schemes
of the world. A sum of Rs 500 crore has been on the basis of domicile of buying client. This In order to be worthy contributors towards social 2. Open House Presentation by shortlisted
allocated for this scheme. amendment is expected to usher in a streamlined change, organizations need to enforce a greater applicants (This round gives opportunity to
system and improve the ease of doing business. degree of discipline through a well-defined set of applicant to learn the best practices of the other
processes, customs, policies and laws directing organizations)
the way in which a corporation is administered or 3. Factory Visits
controlled. In the Changing industrial scenario, there
is a conscientious effort by leaders to move from 4. Award Ceremony
"bench marking" to "path breaking" levels and achieve
par excellence. It is this commitment and spirit that
the SHE Award acknowledges.
The goal of occupational safety, health and
environment department function is to foster a
Pascheem safe working environment which not only includes
A Magazine of Confederation of Indian Industry (Western Region)
workplace but also to protect co-workers, family
members, employers, customers, suppliers, nearby
About Pascheem The Coverage Participants during the factory visit
communities, and other members of the public who
◊ Bi-monthly magazine ◊ Economy Snapshot
are impacted by the workplace environment.
◊ Direct readership of 2,100+ members in Western Region (Goa, Gujarat, Madhya ◊ Knowledge Articles by Thought Leaders
Pradesh & Maharashtra)
◊ CII Report Summaries
Continuous implementation and Innovative practices Key Benefits of Participating
◊ Online reach of the magazine to our direct membership base of 8,500+ member
◊ Development & Knowledge Initiatives and future events…
in the Safety, Health & Environment (SHE) and • Know-how of the latest trends and best practices
companies and indirect membership base of over 2,00,000 enterprises from around 265 National and Excellence in best SHE practices is a prerequisite to
Regional sectoral industry bodies in SHE Excellence
be sustainable and scale new heights of productivity.
◊ CII Members, Thought Leaders, Diplomats, Bureaucrats and other decision makers • Apart from compliance, it enables to improve the
form the readership base Against this background, CII Western Region standards and achieve international benchmarks
organises SHE Excellence and Innovation Awards
For advertising enquiries, please contact: which are announced every year in the month of • Platform to learn the unique, people involvement
Slots Single Issue (`) Annual - Six Issues (`)
April. practices, motivational factors, replicability of
Members Non-members Members Non-members Nayana Narayanan
Deputy Director
safety models and sustainable initiatives in SHE
Back Cover 25,000 40,000 1,20,000 2,04,000 A mark of recognition from CII Western Region, this Excellence
nayana.narayanan@cii.in
Front Page- Inside Cover 20,000 35,000 96,000 1,78,500 award aims to provide new insights, showcase and
Back Page- Inside Cover 20,000 35,000 96,000 1,78,500 Confederation of Indian Industry help corporate to build and put in place effective
Full Page- Regular 15,000 25,000 72,000 1,27,500 Western Region, 105, Kakad Chambers,  strategies & systems aimed at reducing injuries & 13th CII Western Region SHE Excellence and
132 Dr Annie Besant Road, Worli, Mumbai-400018 accidents and taking the importance of Safety to Innovation Award 2018
Half Page- Regular 10,000 20,000 48,000 1,02,000 Tel: +91 22 2493 1790 (Extn.424) new heights. 
Centre Spread 30,000 50,000 1,44,000 2,55,000 Fax: +91 22 2493 9463/ 2494 5831 The 13th Edition of CII Western Region SHE
E: ciiwr@cii.in / W: www.cii.in The applications are invited from organizations Excellence and Innovation Award 2018 was
Note: Goods & Services Tax will be charged additionally @ 18%
(Large, Medium and Small scale) broadly in following announced in the month of April 2018
sectors:
The applicants were invited for the Open House
• Manufacturing Presentation round on 26-27 July 2018 in Mumbai
• Construction & Services (IT/ITES, Financial / where the shortlisted companies gave their
Hospitality / Health Care Sectors ) presentation which was evaluated by the esteemed
panel of Jury members comprising of industry
experts.

12 PASCHEEM February 2019 February 2019 PASCHEEM 13

The shortlisted applicants then went through the
Factory Visit rounds which were conducted between
August – November 2018.
The Final winners were announced during the
Inaugural session of 5th Edition of CII Green Conclave
which was scheduled on 6 December 2018 in Pune.
SHE Excellence and Innovation Award Ceremony in Pune
Mr Mahesh Chandak, Jury Member CII WR SHE Excellence &
Innovation Awards announcing the Winners
The Winners were:
Manufacturing (Large)
1. Deccan Fine Chemicals India Pvt.Ltd, Goa
2. Castrol India Ltd., Patalganga
3. Glennmark Pharmaceuticals Ltd., Indore
3. Godrej Aerospace, Plant 8, Mumbai
(The third place was shared by Glennmark, Indore
and Godrej Aerospace, Mumbai)
Special Jury Appreciation Award - Hindustan Coca
Cola Beverages Pvt. Ltd., Goblej Plant, Gujarat
Awarding the Winner in Manufacturing - Large Category
14 PASCHEEM February 2019
Manufacturing (Medium)
Managers and department heads have undergone Capacite Infra Projects Ltd. Mumbai won the 2nd
Winner - Shree Ceramic Fibres Pvt. Ltd., Indore the unique Godrej Accelerated Learning Program Prize (Service). This company specializes in building
(ALP), which involves 25 full days of SHE training in super high rise buildings (50+ floors) since past 5
association with the National Safety Council (NSC)
years. Their team has ensured highest standards
Special Jury Appreciation Award - Hindustan of construction safety by focusing on motivating
Coca Cola Beverages Pvt. Ltd., Goblej Plant, their SHE team. They have also focused on skill
Gujarat. This site has a mature Road Safety program development of workers and housekeeping during
and unique onsite Driver Management Centre to construction phase in line with Swachh Bharat
rejuvenate their truck drivers who often undertake movement.
long and tiring road journeys. Bharat Petroleum Corp. Ltd., LPG Plant, Solapur
Shree Ceramic Fibres Pvt. Ltd., Indore, First won the 3rd Prize (Service). BPCL is known as best
Awarding the Winner in Manufacturing - Medium Category
Prize in (Manufacturing - Medium Category) in class refiner. Their Solapur plant is one of oldest,
has focused on building a safe infrastructure at but has continuously upgraded its plant technology
Service Sector their 5 year old Pithampur site. Their management to improve on their safety. They have gone above
1. L&T - STEC JV, Mumbai Metro Underground commitment ensures that they have gone beyond and beyond and trained almost 3 lakh rural and poor
Project basic compliance. house holds who got new gas connection under the
new government scheme on home LPG safety.
2. Capacite Infra Projects Ltd. Mumbai L&T - STEC JV, Mumbai Metro Underground
Project won the 1st Prize (Service). The L&T STEC This prestigious awards of CII has received great
3. Bharat Petroleum Corp. Ltd., LPG Plant, Solapur
JV has embarked on a challenging Mumbai metro response from the industry and has been appreciated
project involving underground tunneling work. The very well. The 14th Edition of the CII WR SHE
Unique Factors which helped the companies sheer scale and speed of the project poses unique Excellence Awards will be announced in April 2019.
emerge as winners Deccan Fine Chemicals India challenges, which the JV is overcoming by deploying
Pvt. Ltd, Goa won the First Prize (Manufacturing - world class tunneling techniques in fully developed
Large Category) which focused on operationalizing urban areas. They are also focusing on minimal
SHE programs to overcome the high hazard traffic disruption and waste management during the
operations at their Goa site. SHE is intergral part construction phase.
of daily shop floor meetings with action oriented
dashboards. The well designed site infrastructure
including onsite incinerator highlight the importance
of Safety by design. They have mature wastewater
and stormwater management system allowing for
rich flora and fauna around their onsite large fresh
water lake.
Castrol India Ltd., Patalganga won the 2nd Prize
(Manufacturing - Large Category). The site has a
detailed Disaster Management plan to cater to both Awarding the Winner in Service Category
onsite and offsite emergencies. They have a mature
road safety program. Overall, the management has
focused on inculcating safety culture by engaging
employees.
Glennmark Pharmaceuticals Ltd, Indore won the
3rd Prize (Manufacturing - Large Category). This
site implements a management systems approach to
mitigate their key high risk areas including Electrical
Safety. They have focused on promoting near miss
reporting and ensuring proper closure of corrective
actions.
Godrej Aerospace, Plant 8, Mumbai won the
3rd Prize (Manufacturing - Large Category).
The company has over 30 years old mature SHE
systems, being part of the Godrej group. Over 18 Line
February 2019 PASCHEEM 15

In the midst of growing global vulnerabilities, India
shines as the fastest growing major economy with
robust GDP that is expected to continue in 2019.
The positive outlook is buttressed by strong drivers
emanating from services sector, infrastructure
structure including construction equipment and
better demand conditions arising out of elections
pending.
“Better demand conditions, settled GST
implementation, capacity expansion resulting
from growing investments in infrastructure and
continuing positive effects of the reform policies
undertaken and improved credit offtake especially
in services sector at 24% will sustain the robust
GDP growth in the range of 7.5% in 2019.”
Mr Chandrajit Banerjee
Director General, CII
CII observed that despite the year 2018 being one
filled with external vulnerabilities arising out of
rising oil prices, trade wars between major global
trading partners and US monetary tightening, Indian
economy outshined as the world’s fastest growing
major economy in 2018.
CII has identified seven key drivers for growth that
need to be fostered and has suggested policy actions
for robust GDP growth to continue in 2019.
One, the GST Council, in its 31 meetings in 2018, has
addressed numerous issues related to rate structure
and procedural matters. CII had suggested lowering
the number of tax slabs to three – a standard rate,
a higher rate for demerit goods and a lower rate
for some mass consumption items. CII also hopes
that the Council will also consider extending GST to
excluded sectors such as fuels, real estate, electricity
and alcohol.
Two, the Insolvency and Bankruptcy Code completed
two years and is helping address the issue of non-
performing assets. While the process of resolution
has taken shape, CII feels that Government should
16 PASCHEEM February 2019
Robust GDP Growth
to Continue in 2019
consider setting up additional benches of the National
Company Law Tribunal to spread geographically to
strengthen the judicial infrastructure for easier and
faster exit of distressed businesses.
Three, On Ease of Doing Business, CII feels that
the Government would certainly continue to place
high priority on simplifying business procedures in
2019, especially in terms of working with states
for grassroots improvements. CII looks forward to
digitization of land records, online single window
systems in states, and enforcing contracts for even
more improvements in ease of doing business.
Four, Measures to unlock agricultural markets has
been well undertaken to encourage private sector
participation in agriculture. Going forward, CII
suggests that it is important to persuade states to
implement the Agriculture  Produce and Livestock
Marketing Model Act, which has been implemented
in just 4 states, to strengthen Agriculture produce
marketing. Further, CII also looks forward to
implementation of e-NAM mandis to be prioritised
based on proximity to production clusters with well-
equipped assaying labs and packaging and logistics
facilities/services linked with e-NAM to promote
inter-state trade and improve E-NAM handling share
from the current 4.5%.
Five, over the immediate term, credit availability has
been a challenge, particularly for the micro, small
and medium enterprises. Credit flow to industry
grew by only 2.3% in H1 of the current financial year.
CII submits that the RBI should introduce measures
such as revisiting lending restrictions of PCA banks,
opening of a limited Special Liquidity Window to
meet emergencies of Financial Institutions including
Mutual Funds besides others to improve liquidity in
the system. In this context, CII has welcomed the
RBI’s recent announcement of banks lending to
NBFCs for easing liquidity situation in the stressed
NBFC sector.
Six, while oil prices are trending down at the end
of 2018, its rise during the year by about 10% was
a concern. CII opined that India would need to
continue to guard against the risks of higher oil prices
by increasing domestic production of Oil, providing
a special window for Oil Marketing companies to
procure oil and stepping up diplomacy with USA to
continue to secure purchase from Iran. This would
also help in effective exchange rate management.
Seven, while the fiscal deficit target of 3.3% is
expected to be fulfilled, CII advocates that the
This article was published on the CII Blog. To read more such articles spanning sectors like economy, skill development,
manufacturing, infrastructure, banking & finance, clean energy and global, please visit – www.ciiblog.in
MahaKaushalya 2018
Maharashtra State Skill Development Corporation
(MSSDS) and Directorate of Vocational Education and
Training hosted its first-ever State Skills Competition,
called MahaKaushalya State Skills Competition 2018
in collaboration with Confederation of Indian Industry
(CII).
We are happy to share that close to 2200 candidates
registered for the skill competition. Competitors
showcased their skills in across 32 skill trades. There
were two levels of competition i.e. Cluster Level and
State Level. The 26 districts of Maharashtra were
broadly classified into Clusters.
The top 2 winners of each cluster, each skill further
participated in the State Level Competition, which
was held on 13 – 14 May 2018, in Mumbai.
A participation certificate from the Government of
Maharashtra was given to all the competitors who
participated. Winners of state skills competition
were given exciting recognition from the State
and the Industry for their exemplary performance;
standing a chance to compete in Regional & National
rounds of India Skills during May-July 2018. India
Skills 2018 is a biennial event which is hosted by
NSDC. Winners of India Skills 2018 will compete in
WorldSkills competition 2019 in Kazan, Russia.
Government should keep continuing its strong
program of infrastructure development, including
roads and highways, airports, waterways, and ports.
This would provide the necessary growth impetus
for downstream industry sectors as well as generate
employment opportunities.
MahaKaushalya was the State Skill competition
organised to:
• Promote the image and status of technical/
skilled personnel in Maharashtra and accord
recognition to the special talents and skills of
youth
• Raise the standard of excellence in technical
skills through competition
• Generate greater public awareness and interest
in technical education and
• Select highly-skilled youths to represent
Maharashtra at Regional and National skills
competitions.
• 110 Winners from Clusters participated in the
State Competition of which 54 Participated
in Regional Competition held in Jaipur and
Bangalore.
• During Regional rounds held in the month of Jun
2018, Maharastra State got the highest medals
among other regional states.
• More than 35 Winners from this regional
Competition and wild card selections participated
in the National Competition i.e. IndiaSkills 2018.
• During IndiaSkills 2018 held in the month of Oct
2018, the state of Maharashtra was winner state
among 23 states with highest medal tally of 19
medals i.e. 7 Gold, 7 Silver and 5 bronze.
February 2019 PASCHEEM 17

Pradeep Bhosekar
General Manager & Head
Corporate Training Centre, Mumbai
Godrej & Boyce Mfg. Co. Ltd
This article is a follow-up piece to my last write-up in
the June 2018 edition of Pascheem. The Apprentices
Act, 1961 was amended extensively in 2014, with
the sole objective of making it industry friendly, is
known by now.
Industry has been getting partial re-imbursement
of stipend paid to graduate and diploma engineers
from the office of Board of Apprenticeship Training
(BOAT). This benefit was not available for trade
apprentices recruited by industries.
The Central Govt. pacified the complaints of the
industry as well when it introduced the National
Apprenticeship Promotion Scheme (NAPS). Under
this Scheme, reimbursement of Rs.1,500/- per Trade
apprentice per month is paid by the Govt. What is
more, if industry has started, or even if out-sourced,
Basic Training Centre (BTC) and thereby recruited
fresher Trade apprentices, Rs.7500/- per trade
apprentice is payable to take care of BTC expenses.
The Ministry of Skill Development & Entrepreneurship
(MSDE) issued a letter dated 4th December,
2018 on the subject of “Revised Guidelines
for implementation of National Apprenticeship
Promotion Scheme (NAPS)”. This is an extremely
important & useful circular that should reach out to
the Recruitment managers of all establishments. It
gives all the relevant information about the amended
Apprentices Act together with guidelines on
implementation of NAPS.
It is to be borne in mind that The Apprentices Act,
1961 (amended in 2014) makes it obligatory for all
employers to engage apprentices in “designated
trades” and /or in “Optional Trades” who have
an employee strength of 40 nos. or above (Sum
of total regular and Contract employees), across
all segments of industry - manufacturing, service
sector, trading sectors, etc.
18 PASCHEEM February 2019
The Apprentices
Act Amended …
What Next?
A new “Operational framework for Apprenticeship in
India was launched on 15th July, 2016. In this frame
work, the National Skill Development Corporation
(NSDC) has been entrusted with the responsibilities
of implementing Apprenticeship Training for Optional
Trades category by involving Sector Skill Councils
(SSCs). Candidates who have passed out of any
NSQF (National Skills Qualification Framework)
aligned short-term training courses offered by SSCs
through their training partners are also eligible for
Apprenticeship and are eligible for reimbursement
of stipend under NAPS.
This feature of eligibility for apprenticeship for short-
term training courses offered by SSCs, has opened
a totally new avenue for recruitment of apprentices.
There are 30 SSCs that are operational currently.
Since, all of them are “By Industry and for Industry”,
they are in a most suitable position to offer training
courses as per their industry needs.
Industries should engage themselves with SSCs,
that is appropriate to them. Further, they should also
recruit apprentice under “Optional trades” offered
by their respective SSCs.
A specially designed online portal called “www.
apprenticeshipindia.org” is created for administering
the entire implementation of apprenticeship training
under “Optional Trades”. Industries are strongly
recommended to use this portal extensively.
It is pertinent to remember that currently the
compliance to the new rule of recruitment for
apprentices of 2.5 % of total employee strength is
very low. Industry must come forward and engage
apprentices, which will not only be beneficial to
them but is also an important step in the direction of
good corporate citizenship.
February 2019 PASCHEEM 19
Cover Story
The CII Partnership
Summit 2019
About the Partnership Summit
The Partnership Summit is CII’s key forum for
dialogue among nations for collaborative efforts
on global issues. With over 25 years of active
engagement and collaboration at a global level, the
Summit attracts 1000-1200 delegates every year
with over 40% participation from overseas.
The State of Maharashtra hosted the 25 Edition
of CIIs Partnership Summit, held in Mumbai, on
12-13 January 2019 with the theme - ‘New India:
Rising to Global Occasions’. This edition witnessed
participation of over 1200 delegates including
international participants from more than 40
countries.
Foreign dignitaries participated this year includes,
H E Eng Sultan Bin Saeed Al Mansoori, Ministry of
Economy, UAE; H E Mr Kim Hyun Chong, Minister
of Trade, South Korea; H E Mr Stepan Kubiv, First
Vice Prime Minister and Minister of Economic
Development and Trade, Ukraine; H E Mr Matrika
Prasad Yadav, Minister of Industry, Commerce and
Supplies, Nepal; H E Ms. Kamila Sediqi, Acting
Minister of Commerce, Afghanistan; H E Ms. Neeza
Imad, Minister of State for Economic Development,
Inaugural Session: New India - Rising to Global Occasions
Mr Venkaiah Naidu, Hon’ble Vice President of India with other dignitaries at the inaugural session of Partnership Summit 2019 in Mumbai
20 PASCHEEM February 2019
Maldives; H E Mr Chhuon Dara, Secretary of State
for Commerce, Cambodia; Mr Ivan Magalhaes Do
Prado, Secretary of State for Industry, Angola; Mr
Francis Gurry, Directory General, World Intellectual
Property Organization (WIPO); Mr Hiroshi Kuniyoshi,
Managing Director and Deputy to the Director
General, United Nations Industrial Development
Organization (UNIDO); and Mr Alexander Böhmer,
Head of South and South East Asia Division, Global
Relational Secretariat, Organisation of Economic Co-
operation and Development (OECD).
Inaugural Session: New India - Rising to Global
Occasions
Inaugurating CII’s Partnership Summit the Chief
Guest - Mr M. Venkaiah Naidu, Hon’ble Vice
President of the Republic of India congratulated
CII for organizing yet another Partnership Summit
in the presence of eminent dignitaries. He stated
that CII plays an important role in developing Indian
business industry, pioneering important initiatives in
the industry; the Partnership Summit being one of
them.
Inaugurating CII’s Partnership Summit the Chief
Guest - Mr M. Venkaiah Naidu, Hon’ble Vice
President of the Republic of India congratulated
CII for organizing yet another Partnership Summit
in the presence of eminent dignitaries. He stated
that CII plays an important role in developing Indian
business industry, pioneering important initiatives in
the industry; the Partnership Summit being one of
them.
In addition, he stated that our Prime Minister
is developing regional connectivity, inland
waterways and expansion of railway networks with
redevelopment of railway stations in conjunction
with Public Private Partnerships. Calling for
greater de-regulation in India, Mr Naidu said that
strangulating regulations would not help, and added,
“Simplifying rules, removing discretionary powers
and decentralization will play a key role in quickening
the pace of development.”
Mr Naidu exuded hope that the policy initiatives taken
by the government such as Make in India, Skill India,
Digital India, Smart Cities and others and measures
such as Start-up India and Stand-up India would take
the Indian economy to $5 trillion size, soon.
In the keynote address, Mr Suresh Prabhu, Hon’ble
Minister of Commerce & Industry and Civil Aviation,
Government of India stated that a national industrial
policy, aimed to develop global value chains, and
to boost India’s manufacturing competitiveness, is
awaiting Cabinet approval. Stressing the need for
Indian industry tapping global supply chains, Mr
Prabhu said, “Manufacturing cannot happen end to
end only in one geography, and it has to be part of
a global value chain and global supply chain. That is
why we are discussing a new industrial policy which
is awaiting Cabinet approval, focusing on how to
develop mutually beneficial value chain and supply
chains.”
India is planning to increase the Manufacturing GDP
to $1 trillion as part of taking its GDP to $5 trillion
by 2025 and to $10 trillion by 2030. At a time when
global economy is slowing down and India continues
to remain a growth spot, “it should be our cooperative
endeavour to make world economy grow, for which
partnerships and mutually rewarding relationships
are a must,” Mr Prabhu added.
Mr Ramesh Abhishek, Secretary, Department of
Industrial Policy & Promotion (DIPP), Ministry of
Commerce and Industry, Government of India in
his opening remarks, said that we are witnessing
transformation at an unprecedented rate in India’s
economy. The states are working hard to improve the
Cover Story
business environment and we have seen dramatic
results in the last few years. We have jumped from
100th position to 77 from 2017 to 2018 in the World
Bank’s Ease of Doing Business (EoDB) ranking. This
partnership summit and many such events show the
commitment of the states in promoting investment
in India.
In the last 4 years, out of the 252 billion dollars of
FDI received we have seen a massive investment of
200 billion dollars in infrastructure. The robustness
of India’s institutions, the resilience of its policy
frameworks, the reforms initiated by the government
and the responsiveness of Industry bodies have
successfully insulated its economy from stagnation.
He made a special mention of the increasing number
of startups in the country, opening up further avenues
of investment.
Mr Subhash Desai, Hon’ble Minister of Industries &
Mining, Government of Maharashtra stressed upon
efforts to be taken in building partnership with the
countries of the world. Stating that no end to end
manufacturing can take place in one geographical
location he stressed upon mutually rewarding
relationships for fostering global economy.
Vikram Kirloskar, Vice President, CII, in his address
at the Inaugural Session, discussed how India
is the ideal partner to deal with the domestic and
international challenges in the world today. He said
that more and more multinational corporations are
looking at India as a stable and economically sound
environment. He added that it was important to have
increased opportunities for more economic entities
to participate in the global value trade including small
and medium enterprises.
Mr Francis Gurry, Director-General, World Intellectual
Property Organization (WIPO) stated that the
engagement of India in the international intellectual
property system has enhanced in recent years with
India joining a number of international treaties. He
added that access to data and information is an
important factor in technology and India is doing
amazingly great. India holds a leading position in the
case of technology
Mr Kim Hyun Chong, Hon’ble Minister of Trade, South
Korea stated that mature democratic decisions have
helped India to grow under the leadership of Hon’ble
Prime Minister Shri. Narendra Modi which is highly
helping the Indian business to grow. By 2030 India is
expected to have the strongest working population
of 1 billion. He was of the view that India possesses
numerous strengths that differentiates it from other
countries, and South Korea was working towards
February 2019 PASCHEEM 21
Cover Story
increasing  its interactions, bilateral trade and other
relationships with India going forward.
Mr Sultan Bin Saeed Al Mansoori, Hon’ble Minister
of Economy, UAE said, ‘’India is UAE's top trading
partner. We share a special connection with the
country & believe that we can achieve economic
growth based on improved trade relations between
the two countries.’’
Mr Chandrajit Banerjee, Director General, CII (CII),
in his opening remarks said that the Summit,
is designed for conceiving a global platform of
deliberation, debate, discussion and engagement on
business and economy.
Host State Session: “Maharashtra: The
Gateway to New India”
Host State Session- Maharastra: The Gateway to New India in
progress
As one of the most industrialized states of the
country, Maharashtra has emerged as a key hub
for IT, ITeS, electronics and captive business
outsourcing industries. The government has set the
ambitious target of making Maharashtra a trillion-
dollar economy by 2025, accounting for 20% of the
country’s GDP. “Maharashtra – The Gateway to
New India’’ extensively discussed the opportunities
offered by the state government for a conducive,
mutually benefitting business environment.
Mr Sanjiv Bajaj, Deputy Chairman, CII Western Region
and Managing Director Bajaj Finserv in his opening
remarks stated that Maharashtra is a frontrunner
in small scale industries with the largest number
of Special Promotion Zones. The highly skilled
labor and industrial manpower makes it an ideal
destination of knowledge based and manufacturing
sectors. He further mentioned the Mumbai-Nagpur
Super Communication Highway as a game changer
in boosting the state’s competitiveness.
Mr Subhash Desai said that Maharashtra’s
22 PASCHEEM February 2019
contribution to the national GDP is 15% and is
expected to rise to a minimum of 20% in the next
5 years. Although Maharashtra is on the top, the
government acknowledges the need to improve on
information technology. The state has successfully
developed more the 6,000 skill development
centers. And soon Maharashtra will become the first
state to have an Export Promotion Council and also
to have a Special Policy for Women Entrepreneurs.
Mr Desai concluded with an affirmation of creating
a prosperity corridor soon with 20 billion dollars
currently invested in infrastructure.
Mr P Anbalagan, Chief Executive Officer –
Maharashtra Industrial Development Corporation
remarked, “Business reforms have been made to
provide electricity and other resources required by
the businesses. Quick online approvals have been
initiated to effect the scheme of EoDB.”
Mr Piruz Khambatta – Chairman, CII (WR) and
Chairman, Rasna Private Limited, also added, “If
risk in business is to be avoided, Maharashtra is
the best place for investment. This is the state of
manufacturing.”
Plenary Session 1 - Partnering with New
India
Plenary Session 1 - Partnering with New India in progress
In recent years, India has set itself an ambitious
target. It wants to accomplish its goal of becoming a
ten trillion dollar economy by 2030. Numerous banks
as well as financial institutions support that claim and
indeed look at the country achieving its goal rather
realistically. What are some of the challenges and
opportunities in partnering what would potentially
be third largest economy in the world in just a few
short years?
With this question in mind, the CII Partnership
Summit hosted its first Plenary Session titled
‘Partnering with New India’.
Moderated by Mr Nik Growing, Former BBC World
Main Presenter and currently the Founder, Director,
and Co-Author of ‘Thinking the Unthinkable’,
appropriately steered the distinguished panel on
India’s partnerships of the future.
Mr Matrika Prasad Yadav, Hon’ble Minister of
Industry, Commerce and Supplies – Nepal, remarked
on how everyone in general is gleeful about trade
in the 21st century, and how conflict breeds either
partnerships or distrust. The relationship between
Nepal and India, however, has strictly led to a variety
of partnerships. He further reflected on how Nepal’s
relationship with India exists on all channels and
platforms and can be accessed almost any time.
Mr Alexander Bohmer, Head – South and Southeast
Asia Division, Global Relations Secretariat,
Organisation of Economic Co-operation and
Development (OECD), reflected on how it is not
always easy engaging with India but also that
there are many reforms put in place that enable
engagement. He said infrastructure investors find it
challenging to invest long-term in India considering
the evolving policy landscape, but the business
environment has considerably improved in recent
years. Administrative obstacles and changing laws
and regulations remain challenges in India but they
remain a challenge in any other developing economy
and are therefore not unique to India.
Mr Yusuf Riza, Permanent Secretary – Ministry of
Economic Development, Maldives, remarked on the
fact that political challenges are immense in a bid to
foster a successful long-term partnership with India.
But such challenges are not restricted to India alone.
For instance, in Maldives, the political challenges for
a country of a more controlled scope and scale are
premised on centralizing ardent focus on efficiency
and maximization of resources.
Mr R Mukundan, Chairman, CII – Institute of Quality
Advisory Council and CII National Committee
on Environment and Managing Director – Tata
Chemicals Limited, commented on the notion that
trust itself has been quite high in India. Trust itself
is so elevated on an institutional level that India has
even given a unique identity to its people - even
enabling access of resources to people coming from
a wide variety of demographics, and offering access
to crucial avenues including land. We are one of the
most progressive regions overall, even if there exist
certain improvements to make.
Mr Hiroshi Kuniyoshi, Managing Director and Deputy
to Director General – United Nations Industrial
Development Organisation (UNIDO), highlighted
Cover Story
the importance of inclusive politics as well as
technological transfers as key enablers of successful
partnerships in the future. Technology transfer of
pesticides, for instance, is an example of the kind
of widespread technological growth that can be
affected. Of course, India should look at its own
competitiveness, but what is also important is to
look at other countries’ approaches to tackling issues
premised on technology and political inclusiveness. 
The session recommended the need to further
improve the policy landscape to promote investment
in infrastructure development in India, While India’s
progress in terms of removing administrative hurdles
to promote investment, there is much more to be
done to make India an easier place to invest and
do business. Also, the private sector needs to be
brought in more areas so as to augment Government
initiatives.
Plenary Session 2: Reforms and De-
regulation: Strategies to Boost Investments
Panellists at the Plenary Session 2 on Reforms and De-regulation:
Strategies to Boost Investments
According to Mr Ramesh Abhishek, India has jumped
from the 100th position to 77 from 2017 to 2018 in
the World Bank’s EoDB ranking among 190 countries.
The government is aware that a business-friendly
environment is required to build better infrastructure
and better opportunities. A number of initiatives have
been taken by the Indian government to make India
an attractive place to do business making it the only
country among the top 10 improvers for the second
consecutive year. Important legislative reforms such
as the introduction of one direct tax in the form of
GST have led to transformative changes.
Mr Naushad Forbes, Past President, CII and Co-
Chairman, Forbes Marshall Pvt. Ltd. stated that
stigmatized capital and limited stake capacity are the
mega challengers for India’s target of becoming a
February 2019 PASCHEEM 23
Cover Story
USD 10 trillion economy by 2030. Partnership with
private enterprises is required to overcome these
challenges. The current economic situation has
opportunities for like-minded countries to come
together and create opportunities. Competition
amongst states at sub national level to improve
on EoDB is furthering India’s competitiveness in
providing lucrative opportunities for FDI.
Following these addresses, was a dialogue amongst
the panelists where they put forth their opinions
on cracking the top 50 group in the World Bank
Rankings.
Mr Adi Godrej, Past President, CII and Chairman,
Godrej Group said, ‘’Investments are extremely
important for growth and most countries are
interested in India.’’ Currently, we are no.3 in GDP
on Purchasing Power Parity basis and there is great
scope of consumption growth as our incomes rise.
This will lead to further growth in the GDP with a
direct positive impact on investments.
Mr Ajit Ranade, Chief Economist, Aditya Birla Group
said that India has been experiencing exceptional
micro stability. This provides an overall environment
that is very important for business. India has
received the highest FDI investment in the world in
2018 at 40 billion USD. Interstate ranking is leading
to a healthy competition and no other country has
attempted a reform like GST on such a large scale.
The GST council has conducted 32 meetings in the
last 18 months to address various issues and this
indeed reflects the government’s efforts in making
India the epicenter of international business.
Mr Pablo Quirno, Additional Secretary for International
Economic Relations, Argentina expressed the
prospect of a great economic relationship with
Argentina. Being one of the most closed economies
in the world, Argentina has now opened its market.
With transparency, predictable and clear rules to be
able to facilitate international investment and tax
reforms, Argentina has now become a very business
friendly state.
Mr Ben Digby, Director of Trade & Investment,
Confederation of British Industry, UK provided a
great insight into what could further draw potential
investment to India. Speaking about the increasing
British investment in India accounting for 800,000
Indian people currently working in private sector
for British companies, he said that there could be
an effort to streamline the regulators and agencies
in terms of compliance and procedural issues. He
suggested a Bilateral Investment Treaty between
India and the UK which would ensure international
24 PASCHEEM February 2019
and domestic arbitration especially for small and
medium sized companies.
Mr Jamal Al Jarwan, Secretary General, UAE
International Investors Council asserted that UAE is
the largest trading partner of India. It has invested
in India for 10 billion USD and has entered into a
special strategic partnership with India in the past
2 years. UAE is earning various MoUs from India
strengthening their economic partnership. Lastly, he
mentioned about further scope for India to facilitate
investments by making more favorable regulatory
changes for FDI.
This session highlighted that Bilateral Investment
Treaty between UK and India is required to promote
investment especially between SMEs in the two
countries. There is a need to continue on the path
of greater deregulation to attract more investment.
There is a need for further liberalization of the FDI
regime in India to promote greater investment.
Plenary Session 3: The Infra Expanse - A
Super Imperative for Growth
Panellists at the Plenary Session 3 on Infra Expanse - A Super
Imperative for Growth
India is facing a massive surge in its investment
requirements, particularly in key infrastructural
sectors where growth is expected to be
unprecedented. Over the next three years, an
investment of around $780 billion is needed in
infrastructure, while only about $92 billion have
been allocated for the current budget year. That is
a massive shortfall, indicating both a challenge as
well as an opportunity for the upcoming generation
of businesses and policymakers in India. The Plenary
aimed to target these themes through the panel
discussion.
Mr R.A. Rajeev, Metropolitan Commissioner,
Mumbai Metropolitan Region Development Authority
(MMRDA), remarked on the nearly 250-kilometre
network of Metro lines that are currently being
laid out in Mumbai, the largest of its kind in India.
The fact that even other kinds of infrastructure
procurements are being conducted through the
Engineering, Procurement, and Construction (EPC)
model of procurement shows how India has evolved
from its focus on the Public Private Partnership (PPP)
model. There is tremendous opportunity in the future
as we begin constructing a multimodal corridor with
planned length exceeding one hundred kilometres.
Mr Abhishek Poddar – Managing Director, Macquarie
Infrastructure and Real Assets (MIRA), remarked
on how the traditional model for infrastructure
procurement - the Build, Operate, Transfer (BOT)
model – has been tricky to implement in developing
countries. The Build Own Operate Transfer (BOOT)
itself has never worked in India despite its appeal
in Greenfield projects (i.e. projects that are new and
perhaps utilize novel innovation or technology). By
contrast, TOT - Toll Own Transfer - has worked better
than developed nations' implementation. Overall, a
widespread adoption of a couple of such models will
lead credence to India’s growth story by paving way
for infrastructure firms to establish precedents to
follow.
Mr Mangal Dev, Head – India & South Asia Region,
Hitachi Rail Systems Company – remarked how
in the railways sector, one can have projects of
extremely large size or one can have projects in the
urban context which can be broken down in pieces.
The Mumbai-Ahmedabad bullet train project, for
instance, is a completely long-winded and long-term
project that has jurisdictional overlap with a variety
of authorities and geographies. The Mumbai Metro
lines, on the other hand, do not have jurisdictional
overlap with any authority other than those which
fall within Mumbai’s borders. Developing contours
on the treatment of projects of different size and
scope can only do wonders to policy-making and
drive higher growth.
Mr Ajay Durrani – Managing Director, Indian Sub-
Continent, Covestro India Pvt. Ltd. – reflected on
how the UJALA scheme was a vibrant success story
in agriculture. The scheme, aimed at eradicating the
use of incandescent bulbs in rural India, has resulted
in crores of LED bulbs being used in areas which
were otherwise bereft of such green and efficient
lighting and energy use. Other countries are looking
to emulate this which makes this scheme particularly
remarkable as it was started by an indigenous energy
services company.
Mr Subhash Patil, PwC - Smart Cities – focused and
Cover Story
rounded up the plenary session by talking about a
bunch of ICT-led projects that enhanced area-based
development. A humble suggestion from PwC’s
research was quite glaring: of the total amount that
is saved out of the annual savings from a LED plan,
even if fifty percent of the same is paid to the bodies
in charge of smart city development, the move alone
would increase private participation by a significant
margin.
The Session concluded that there is a need to focus
on formulation of robust policies around procurement
of projects, to increase efficiencies and re-allocate
some margins towards overall development that
meets end-goals of the efficiency targets, to have
clear planning of projects that have jurisdictional
overlap should be encouraged, also the example
of individual cities – such as Mumbai and its Metro
lines – need to be spread more widely and used as a
benchmark for future projects in infrastructure
Plenary 4: The Inclusion Dynamics – A Digital
Wireframe for All
Panellists at the Plenary Session 4 on Inclusion Dynamics – A
Digital Wireframe for All
Moderating the session was Mr Claude Smadja –
President, Smadja & Smadja Strategic Advisory,
Switzerland. As India becomes a huge internet-
enabled country, we need to see how development
of infrastructure will be able to meet the needs not
only of a growing customer base but also a more
demanding customer base in terms of brands and
quality of services.
Mr SVR Srinivas – Principal Secretary – IT, Government
of Maharashtra spoke of his experiences in dealing
with a constantly changing world of information
technology. With the new digital communication
policy - unveiled in 2018 – the focus is clearly on the
three areas: Connect India, Propel India, Secure India.
Four million jobs are being created in the IT space
currently, and the India stack is closely linked to the
February 2019 PASCHEEM 25
Cover Story
JAM - Jan Dhan, Aadhaar and Mobile – referred to
as the trinity by the Government of India. MahaIT
- of which Mr Srinivas is the Chairman – is the only
state-backed body that has come with two exclusive
brand new policies – one on broadband and another
on Fintech/ Blockchain 2.0, and Maharashtra is the
only state to have a 'cloud policy'.
Mr Ganesh Natarajan – Chairman, 5F World, reflected
on how the common man needs to benefit and how,
consequently, the national fibre network needs to
reach everyone. By adopting 250 schools in Pune and
ensuring that not just toilets etc. are taken care of but
also the technology is up-to-date so they can upgrade
culturally. 5G adoption will accelerate such a spread
due to monumental speeds - LHI Digital (Live History
India) is an excellent example of technology being
used to induce widespread educational awareness
of a variety of historical cultures. Another example is
that of Farm Guru – which is trying to ensure every
farmer in Maharashtra has seed availability of cold
crops or cash crops, among other benefits.
Mr Manoj Ladwa – Founder and Chief Executive,
India Inc. Group established the simplistic essence
that is fivefold: a focus on essentials such as Roti
(food), Kapda (clothing), Makaan (shelter), Sehat
(health), and shiksha (education). The India stack is all
about calibration of the above, and successive Indian
governments have made progress in developing
the India stack. Digital India initiative has attracted
and won accolades worldwide primarily due to
its focus on tackling the above core issues. There
are three focus areas that are challenges too: first
is that growth should be inclusive; second is that
growth should generate real jobs and third is women
engagement in the workforce.
Mr Siddharth Shetty – Fellow, iSPIRT Foundation –
remarked on the value in building software products
and how it far exceeds other  sectors and jobs.
Furthermore, he noted how US companies are based
on a backbone of digital public goods - DARPAnet or
GPS - Google created Maps on top of which many
other GPS based start-ups are now based such as
Uber etc. We have been looking at public goods
and public platforms in India. Some of the platforms
include – Aadhaar, UPI etc. Data Improvement
Infrastructure is being worked in India as well as a
public registry of credit contracts.
26 PASCHEEM February 2019
Cover Story
Special Plenary Session with Hon’ble Chief
Minister of Maharashtra Government of Maharashtra is launching the The Hon. Chief Minister in his address spoke about
Maharashtra AgriTech program which is a virtual the establishment of an International Centre for
lifecycle program. Government has also collaborated Health Transformation in AI – with partners ranging
with World Economic Forum to set up the world's from the Wadhwani AI Institute, Stanford University,
second and India's first Centre of Fourth Industrial IIT-Madras, and Tata Trusts.
Revolution and has already started using drone
services for agricultural productivity.
Mr Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra
addressing the special plenary session
Mr Suresh Prabhu, Hon’ble Minister of Commerce &
Industry and Civil Aviation – noted that Maharashtra
was the first state to aim for a trillion dollar
economy. Constituting 10% of India’s landmass but
contributing 20% to GDP, it is on its way to achieve
that goal. Even its agriculture export policy is robust
- Maharashtra is one of the few states that can
produce virtually a wide spectrum of crops.
Mr Devendra Fadnavis, Hon’ble Chief Minister of
Maharashtra remarked that Maharashtra is the
house of Indian industry, being one of the most
industrialized states in the country. The Prime
Minister aspires to make India a 5 trillion-dollar
economy by 2025 and therefore the state has set
a goal for itself to contribute 20% and become a
trillion-dollar economy by then.
Inclusion dynamics of digital wireframe for all are
part of the broader revolution - the Fourth Industrial
Revolution - as more and more digital capabilities
are being established. Accountability, Efficiency,
Transparency, and Inclusivity - all four can be
achieved through digital transformation. Best part of
technology is that technology is neutral. No biases.
No racism. No casteism. No sexism. It can be used
for effective means and ends. Fibre connectivity
overall can and will be used for robust digital services.
Nearly 400 services are offered online through
Aaple Sarkar. 55 million people or nearly half of
Maharashtra population have already been reached
and connected. Maharashtra will add nearly 50 billion
dollars to the state through digital transactions as per
a study by Microsoft.
State Government found around 27 million fake Parallel Sessions on Future Crucibles in progress
ration cards through Aadhaar - food security is
going to those who are entitled – and consequently,
the subsidy for food security is reaching only the
deserving now.
February 2019 PASCHEEM 27
Cover Story
ADVERTORIAL
Valedictory Session: India: The New Economic Global Address

Mr Chandrajit Banerjee, Director General, Confederation of Indian Industry, Mr Ramesh Abhishek, Secretary, Department of Industrial Policy
and Promotion, Ministry of Commerce & Industry, Mr Subhash Desai, Hon'ble Minister of Industry & Mining, Government of Maharashtra,
Mr Suresh Prabhu, Hon'ble Minister of Industry & Commerce and Civil Aviation, Government of India, Mr Stephen Kubiv, Hon'ble First
Vice Prime Minister and Minister of Economic Development & Trade, Ukraine, Mr Rakesh Bharti Mittal, President, Confederation of Indian
Industry and Vice Chairman, Bharti Enterprises and Dr. P. Anbalagan, CEO, MIDC at the valedictory session in Mumbai

A successful two-day summit witnessed by various
eminent national and international figures culminated
with the optimistic view of India as the New Global
Economic Address.
Mr Rakesh Bharti Mittal, President, CII and Vice
Chairman, Bharti Enterprises observed that despite
global uncertainty witnessed today, prospects for
Indian economy are still true and real. We are still
looking at a growth rate surpassing 7%. India today
offers huge opportunities in defense, agriculture,
renewable energy, healthcare and aviation to name
a few. He stated that CII will continue to take these
opportunities forward through platforms such as this
summit.
Mr Ramesh Abhishek, applauded the improvement
shown by India on the EoDB Index and also CII’s
efforts in facilitating the summit. Mr Subhash
Desai said that the states are working together to
implement the efforts of Indian government. He
acknowledged CII’s role in successfully organizing
this event just like the preceding events like Make in
India 2017 and Magnetic Maharashtra 2018.
Mr Stephen Kubiv, Hon’ble First Vice-Prime Minister
and Minister of Economic Development & Trade,
Ukraine while expressing his pleasure on visiting
Mumbai stated that Ukraine was proud of its
collaboration with India. Reflecting upon Ukraine,
he said that Ukraine has adopted multiple economic
reforms that will impact the private sector positively
for systematic expansion of economy. Ukraine has
been consistently improving on the EoDB Index by
the World Bank putting it in the top 70 countries.
Engineering, technical production and aircraft
component manufacturing are few of the in-demand
industry verticals. Ukraine is also interested for
economic collaboration in agriculture.
Mr Suresh Prabhu said that he could witness the
level of dynamism in multiple delegations at the
Partnership Summit. Each delegation is looking
at possible collaboration with India and its various
companies. He added that Maharashtra is the most
dynamic and liberal state in adopting path-breaking
policies.
Mr Chandrajit Banerjee extended gratitude to
all present including the Hon’ble Vice President,
Venkaiah Naidu, Hon’ble Minister of Commerce &
Industry, Civil Aviation, Government of India, Suresh
Prabhu and Hon’ble Minister of Industry & Mining,
Government of Maharashtra, Subhash Desai for their
extensive support and input in the CII Partnership
Summit 2019, held in Mumbai. He also thanked all
the participating Ministers and Excellencies.
The Summit witnessed strong partnerships being
cemented with Saudi Arabia and UAE. The countries
expressed their interest in investing in organic
food, processed products, and related logistics
in India using it as a base for food security, which
will benefit Indian farmers. More than 300 B2B
meetings were organized across two-days with
over 40% international delegates participating at
Summit organized in association with the Ministry
of Commerce and Industry, Government of India and
the Government of Maharashtra.

28 PASCHEEM February 2019 February 2019 PASCHEEM 29

 CII Triveni Water Institute:
Moving Towards a Secure
Water Scenario
Water crises according to the Global Risks Report
20181, has been enlisted as one of the top 5 risks
that will have one of the largest impact in the next
decade. Water risks are increasing both over time
and space, with more and more industrial facilities
and related communities facing increasing water
challenges, calling for, an immediate need to
institutionalize water resilience planning, to curtail
impacts.
Cognisant of the growing challenge, likely to worsen
in future, CII established its Centre of Excellence on
water and wastewater management, the CII – Triveni
Water Institute (CII-TWI). Set up with the vision of
enabling India make substantial progress towards
achieving water security by 2022, the Institute
works across sectors and with diverse stakeholders
in managing water. It works towards transforming
water conservation and management in India by
changing mind set and behaviour of stakeholders
resulting in more effective and sustainable water
management practices at the grassroots level.
CII’s Water Institute, comprising a multidisciplinary
team of experts, provides unique services, that make
use of innovative state-of-the-art digital analytic tools
and frameworks—WATSCAN, WatSmart, Water
Audits and Water Awards enable engagement with
various stakeholders for enabling water security in
the country.
Key activities
Water audits: What gets measured gets managed
CII’s comprehensive water audits across sectors
(Thermal Power Plants, Textiles, Automobiles, Sugar
Mills, Refineries, Integrated Iron & Steel, Beverage,
Pulp and Paper, FMCG etc.), has guided industry
in deciding options on reducing water usage,
minimizing wastewater generation and maximizing
recovery. The experience across industrial water
audits (175+) undertaken by CII shows, 30 - 40 %
industrial and domestic water demand-supply gaps
easily reduced by cost-effective measures, with
attractive return on investment of <1 year. Further,
25-30 % reduction in wastewater can be achieved
through low to medium cost strategies.
1 https://www.weforum.org/agenda/2018/08/the-fourth-industrial-revolution-can-transform-how-we-solve-the-worlds-water-crises/
30 PASCHEEM February 2019
The Institute recently undertook detailed water audits
in two public sector refineries located in Mumbai.
A comprehensive water balance was prepared for
the refineries that helped in identifying strategies to
reduce specific water consumption by the units.
Ultrasonic Flow meters used on water audit site to prepare water
balance
Facilitating smart water decisions in industry:
Innovative and integrated Tools
CII’s Water Institute provides integrated solutions
to water resource management through use of
scientific and digital tools such as CII’s WATSCAN
Tool—a unique customised world class tool that
links satellite information,
on ground databases and
processes information
(spatial and temporal) carried
in millions of pixels on a
GIS platform to facilitate
decisions. Application of
WATSCAN enables water
smart decisions & intelligent water solutions.
WATSCAN has been applied across scales from
villages to river basins successfully to ascertain
water risks and thereby appropriate strategies for
an improved water scenario. WATSCAN evaluation
of water demand-supply gaps in over 25 districts
of India across Maharashtra, Rajasthan, Uttar
Pradesh, Haryana, Jharkhand and Odisha, provided a
quantifiable road map of moving from drought prone
to drought proof.
For drought prone districts, WATSCAN shows,
• Water availability per hectare in normal rainfall
years average at 4000 - 5500 cu.m/ha, whereas
water demand is 5000 - 7000 cu.m/ha.
• Water availability per hectare in bad rainfall years
average at 2000 - 3000 cu.m/ha, whereas water
demand is 5000 - 7000 cu.m/ha. This has led to
groundwater table fall of more than 1 m per year
in many parts.
• Districts experience 2 - 3 drought years in every
10 years, and situation gets very critical when
these years occur in a succession.
WATSCAN leads to bridging demand-supply gaps by,
• Digitally identifying critical zones and villages
where intervention is needed
• Prioritizing investments and siting interventions
resulting in reducing slippages in delivery by 40
- 50 %, thereby making investments effective,
credible, and transparent.
• Enabling maximum impact with limited
resources.
• Improving per hectare water availability by 35 - 45
% through resource optimization, use efficiency,
NEW Water (Municipal interface), and Additional
Water (Soil Moisture Conservation).
In 2017, WATSCAN was applied to Aurangabad
district, one amongst the 6 districts (Jalna,
Amravati, Akola, Solapur and Yavatmal), where
district watershed assessment has been completed
and reports submitted to the Government of
Maharashtra. The outcomes were presented to
diverse stakeholders both Government and industry
at a stakeholder meeting that provided directions
for taking forward the outcomes in Aurangabad
district, where 4 villages were selected in Paithan
Taluk, guided by WATSCAN outcomes, inclusion
under Government of Maharashtra’s Jalayukt Shivar
Abhiyan & Village Social Transformation Mission.
With the objective of implementing suitable water
management strategies at the ‘village watershed’
for 4 selected villages in Aurangabad, CII has been
working extensively, towards development of a
unique digital platform for facilitating decision making
to overcome the prevailing water challenges.
Assessment shows Water is a critical and diminishing
resource in all 4 selected villages, with most wells
and available water sources invariably drying up
by February/March each year, resulting in high
dependency on tankers. Rainfall has been declining
over time, with increased vulnerability clearly visible,
impacting livelihoods and incomes of the people.
Villagers in the selected villagers are seen to be
moving away from agriculture – only a single crop
cultivated in a year. The social instability is also seen
to be rising with villagers abandoning farming and
migrating for jobs in nearby industries. This trend
is likely to have implications on food and livelihood
security in the area.
In the current Phase, CII team has been working in
the villages, at a much higher granularity, applying
WATSCAN at village level for implementation
of appropriate water management strategies to
enable the selected villages move towards an
improved water scenario. The initiative supported by
Standard Chartered Bank, involves in depth scientific
assessment, for strategizing water solutions.
It involves,
• Identification of appropriate water management
strategies, post scientific analysis at village
watershed level through application of
WATSCAN;
• Evidence based on-ground implementation of
suitable strategies at viable locations such as
water harvesting structures - minor and major
i.e. CNBs Cement Nala Bandharas, gabion
structures; recharge shafts; rainwater harvesting
systems etc.
• Real time data capture through Automated
Weather Stations at village level, through village
Panchayats
• Stakeholder engagement and community
mobilisation - enhanced awareness on water
management through various training and
demonstration sessions.
A unique stratigraphic evaluation module has
also been built in WATSCAN Tool that is enables
identification of potential locations for groundwater
recharge interventions. The outcomes from
geophysical investigations conducted for specific
micro watersheds, assesses subsurface lithology of
the area fed into WATSCAN to identify appropriate
locations for undertaking water interventions.
February 2019 PASCHEEM 31

Farmer training and awareness session in progress in Aurangabad Well inventorisation and monitoring in progress
WATSCAN led Geophysical surveys in Aurangabad Automated Weather Stations installed in Villages in Aurangabad
village
WATSCAN assessed location of Trench and Recharge shaft being constructed in a village Gabion dam constructed in a village in
recharge shaft in Aurangabad in Aurangabad Aurangabad
The activities by CII are being recognised by the
State Government, which has been keenly working
with CII in ensuring successful implementation.
WATSCAN besides successfully undertaking Digital
Water Planning at various watershed levels i.e.
Village, City, District, State, has also been applied for
Urban flood assessment for Gurugram district, along
with identification of solutions to attenuate them.
The Report submitted to the Government of Haryana
is being implemented.
Assessments for various plant specific watersheds
to evaluate water risks to plant operations have
also been undertaken to enable identification of
appropriate water management strategies for
ensuring plant operations.
32 PASCHEEM February 2019
The implementation of water management strategies
as arrived by WATSCAN, holds immense promise for
curtailing water stress and leading to an improved
water scenario. Studies undertaken by CII have
clearly shown that initial 20%-30% demand-supply
gap can be reduced through simple cost-effective
options.
WatSmart: Be Water SMART; Be Water Secure
CII’s Water Institute, launched WatSmart Tool in
2017, first of its kind Water Smart Rating System
applicable at plant level across industries capturing
elements both within the fence (plant level)
and beyond the fence (plant’s
watershed level).
WatSmart rates plants across
industries on their water smart
quotient. It defines a water smart
unit as a being intrinsically related
to ‘its’ watershed i.e. it recognizes
plant water and wastewater
efficiency in tandem with watershed health (resource
availability and quality).
Recognizing innovations, disseminating
good practices in water management:
Responsible water stewards for water
secure future
CII recognises innovative, scalable and good
practices for water and wastewater management by
industry. CII’s National Water Awards for Excellence
in water management are conferred to some of the
good work being undertaken by the industry.
The Institute recently released ‘Our Cup of Joy’,
a Compendium of India’s best practices on water.
It curates and compiles best practices and case
studies from multiple sectors – agriculture, industry,
buildings, municipality and rural water supply – to
help others in the space understand how they can
adopt some of these practices. The second edition
of the compendium released at the Water Innovation
Summit in October 2018, highlights scalable and
innovative strategies ranging from low to medium
cost. They can help narrow demand supply gap by
about 30%.
This publication can excite, enthuse, and create a
behavioural change among stakeholders to embark
on good management of the scarce and diminishing
natural resources.
The Institute provides a vibrant platform for
deliberations and dialogues at its annual Water
Innovation Summit that garners support from
industry and Government. Sectoral events are also
organized by the Institute to promote water use
efficiency across sectors.
Winners of the CII National Awards for Excellence in Water
Management 2018
With the growing challenge, the imperative is to take
action now, using integrated approaches, innovative
action-oriented tools, in keeping with the real world
of complex socio-politics, changing lifestyles and
increasing climate variability. The Water Institute
endeavours to provide such customised solutions.
February 2019 PASCHEEM 33

Edtech: Tech Trends to watch
out for in the education sector
Prof Dr Uday Salunkhe
Chairman, CII Western Region Higher Education Sub-Committee and
Group Director, S P Mandali's WeSchool
A common string which connects the previous
three revolutions on one common note is
'technology'. Today, technology plays an important
role in our lives right from waking up with news
on the mobile to watching and reading e-books.
Technology has become an inherent part of our lives.
Could anyone in 1970s imagine a regular day-to-day
communication through emails possible? Similarly,
technological disruption that seemed shores away
from India is presently creating rapid changes in
businesses across sectors.
In India, we are continually hearing about new
technical developments whirling across sectors
and introducing changes at a pace faster than
expected. While there is a fear of minimal human
intervention, there is also an anticipation of faster
and accurate work through automation. Until now,
work assignments were delegated to trusted and
liable employees in team. A day has come when
technology will complete tasks without errors and
within the stimulated time.
While, we are surrounded with businesses that are
rapidly changing with technical innovations, education
sector is not far behind.  Processes, employees and
the entire product cycle are progressing through
technology and so is the mode of education. The
year 2017 witnessed the expansion of Massive Open
Online Courses (MOOCs). EdTech made a major foray
in India through executive and higher education. The
launch of Byju’s app animated the basic concepts in
Maths and wooed students and parents alike. There
are several applications by Indian students which
impart vocational courses like programming and
coding online. The online certification for a host of
courses has witnessed many professionals signed
up for an upgradation in skills and knowledge.
34 PASCHEEM February 2019
Technology based learning is bringing a universe Challenges in the education sector require more
of choices in the education sector in India. More autonomy from the regulators for business schools to
customization is taking place to suit the requirement
of students and working class alike. 
imbibe technology in their curriculum and pedagogy.
Government led support will allow reforms to move
The teacher addressing the students is integrated
with media content in form of statistics and visual
at a faster pace. A clear vision from the education
regulators will add impetus to the already self-aware
representation of chapters. Technology through higher educational institutes.
multimedia formats is demystifying complex Distance education should be customized to provide
concepts. With this, the pedagogical tool is now content offline for times when internet speed is
getting digitized. low. The right to access education should be a key
Today  technology has opened avenues to global agenda for stakeholders in education.
learning from your laptop screen at home. Faculty On a concluding note, the blackboard which is a
who is an expert in a specific subject is able to impart teacher’s canvas to  highlight  important aspects of
knowledge to a group of students overseas. More the lessons is reshaping its form and impact.  Jack
collaboration between national and international Ma, a former teacher and a self-made entrepreneur
Technology is changing the face of education; universities will benefit students by inviting faculty summarizes well the key points about education in
the very fabric of traditional learning has now experts overseas. the age of Machine Learning at the World Economic
extended into new and more evolved learning While technology is raising the bar of education, there Forum 2018 saying, “Teachers must stop teaching
methodologies.  According to a recent report by are challenges to be listed and solved on priority. knowledge. We have to teach something unique
Google, KPMG, online education in India will see Teachers must begin integrating technology to so that the machine can never catch up with us.
approximately 8xgrowth in the next five years, says explain concepts. Info graphs must replace massive These are soft skills, values, believing, independent
a recent report by Google, KPMG. This will have a notes. Presentations need to be more animated.  thinking, team work and care for others.”
significant impact on the ed-tech market that has a Student projects must be paperless and more tech  
potential to touch $1.96 billion by 2021. driven through cloud computing and gamification.
Education beyond geographies: The rise of online
education in 2018 will connect with more youth
and children in small towns to teachers online. 
Knowledge will reach the unreachable.
Some ongoing changes in education as a result of
technology are worth noting.
While technology is changing the paradigms in
education, it is also nurturing the Guru-Shishya bond
offline. Today, a teacher-student relationship goes
beyond the four walls of the classroom with more
social media channels and easy access to internet.
All students from each batch/ classroom discuss
and submit projects online. However, a clutter of
information on the internet makes the role of teacher
more comprehensive. The teacher here becomes
more of a mentor who guides the student in the
right direction in the World Wide Web. The virtual
touch certainly facilitates in knowledge exchange in
real time.
Let’s take another aspect of student interaction
with teaching faculty on campus. Multimedia is
influencing teacher-student interactions inside the
classroom. The traditional classroom learning model
is getting disrupted.  There is more awareness
among teachers to grasp tech based tools to optimize
student participation inside the class.
February 2019 PASCHEEM 35
 India’s export incentives come
under WTO scanner- Time for the
Industry Captains to wake up
In March 2018, USA held consultations with the
Government of India pursuant to Articles 1 and
4 of the Understanding on Rules and Procedures
Governing the Settlement of Disputes (DSU) and
Articles 4 and 30 of the Agreement on Subsidies
and Countervailing Measures (SCM) with regard to
certain export promotion schemes administered by
Government of India.
USA has cited Article 3.1(a), and 3.2 of the SCM in
the instant Consultations.
Article 3 is extracted below for ready reference:
Article 3: Prohibition
3.1 Except as provided in the Agreement on
Agriculture, the following subsidies, within the
meaning of Article 1, shall be prohibited:
(a) subsidies contingent, in law or in fact, whether
solely or as one of several other conditions, upon
export performance, including those illustrated in
Annex I;
(b) subsidies contingent, whether solely or as
one of several other conditions, upon the use of
domestic over imported goods.
3.2 A Member shall neither grant nor maintain
subsidies referred to in paragraph 1.
It is the stand of USA that under Article 27 of the
“Agreement on Subsidies and Countervailing
Measures” (Agreement on SCM) covering Special
and Differential Treatment of Developing Country
Members, a country can no longer offer export
subsidies if its per capita Gross National Income
(GNI) has crossed $1,000 for three years in a row.
In 2017, the WTO notified that India’s GNI had
crossed the threshold of $1,000 in 2013, 2014 and
2015.
As part of their Request for Consultations, dated 14
March 20181, the United States observed as under:
Consistent with Annex VII of the SCM Agreement,
India is subject to the obligations of Article 3.1(a)
36 PASCHEEM February 2019
of the SCM Agreement because India's gross
national product per capita has reached $1,000 per
annum. Through each program, as reflected in the
instruments listed above, India provides subsidies
contingent upon export performance. The measures
appear to be inconsistent with Article 3.1(a) of
the SCM Agreement, and India appears to have
acted inconsistently with Article 3.2 of the SCM
Agreement.
As the consultations did not yield the desired results,
a Dispute Settlement Panel has been constituted by
the Director General as seen from the document NO
WT/DS541/5 dated 24 July 20182, with the following
Members:
Chairperson: Mr Jose Antonio S. Buencamino
Members: Ms Leora Blumberg Mr Serge Pannatier
It is also noticed from this document that Brazil,
Canada, China, Egypt, the European Union, Japan,
Kazakhstan, the Republic of Korea, the Russian
Federation, Sri Lanka, Chinese Taipei, and Thailand
have reserved their rights to participate in the Panel
proceedings as third parties. Therefore the dispute
is no longer an USA -India dispute.
It appears to be the contention of USA that thousands
of Indian companies are receiving benefits totalling
over seven billion USD annually under various
export incentive programmes and had alleged
that the export subsidies “unfairly” benefit Indian
Companies by creating an “uneven playing field”
for the US-based manufacturers and exporters and
harm American workers3.
The Export incentives targeted by USA are:
a) The EOU scheme
b) MEIS
c) EPCG Scheme
d) SEZ, and
e) Duty-free imports programme- including AA
schemes- reference has specifically been made
about Notification 50/2017 Cus dated June 30
2017 grating exemption for exporters in Textiles,
handicrafts, leather sectors.
But the focus of USA appears to be the MEIS
scheme.
India’s Reponses
As per Article 27.2 of agreement on SCM, the
prohibition of paragraph 1(a) of Article 3 shall not
apply to:
(a) developing country Members referred to in
Annex VII.
(b) other developing country Members for a period
of eight years from the date of entry into force of the
WTO Agreement, subject to compliance with the
provisions in paragraph 4.
Further Article 27.4 States as follows:
Any developing country Member referred to in
paragraph 2(b) shall phase out its export subsidies
within the eight-year period, preferably in a
progressive manner. However, a developing country
Member shall not increase the level of its export
subsidies, and shall eliminate them within a period
shorter than that provided for in this paragraph when
the use of such export subsidies is inconsistent with
its development needs.
It is the stand of India that countries that had
crossed $1,000 GNI at the time the WTO’s
P. Sridharan
Partner
Lakshmikumaran &
Sridharan Attorneys
1. https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S009-DPaspx?language=E&CatalogueIdList=247026,245291,244047,244048,243854&Curr
entCatalogueIdIndex=4&FullTextHash=&HasEnglishRecord=True&HasFrenchRecord=True&HasSpanishRecord=True#
2. https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S009-DPaspx?language=E&CatalogueIdList=247026,245291,244047,244048,243854&Curr
entCatalogueIdIndex=0&FullTextHash=&HasEnglishRecord=True&HasFrenchRecord=True&HasSpanishRecord=True
3. https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/march/united-states-launches-wto-challenge
Subsidies and Countervailing Measures Agreement
was implemented in 1994 (as part of the General
Agreement on Tariffs & Trade) had got an eight-
year implementation period. Therefore, India argues
that developing countries crossing the thresholds
subsequently should also be given the same
concessions.
The Commerce Secretary Ms. Rita Teaotia stated
that in 2011 India had submitted a note to the WTO
stating that the phase-out period for export subsidies
should be eight years from the time a country
crossed the threshold of $1,000 GNI. India has been
demanding and discussing this in the WTO.
But GOI is also aware that India’s exports have
got back on track after a setback of more than two
years, and any immediate withdrawal of the export
promotion/incentive schemes would hurt the export
sector.
Notwithstanding their aggressive stand before the
WTO, the Indian Government, has started to look
at WTO compliant alternatives such as subsidies
for R&D and modernisation, to replace the existing
export subsidy schemes.
It appears that GOI have for the time being warded
of an immediate threat of withdrawal. But it appears
that the expiry dates on these export incentive
schemes are round the corner. Industry Associations
have a big role to play in assisting GOI in formulating
WTO compliant incentive schemes.
Joshua Ebenezer.J
Director - Customs & International Trade
In-Direct Tax Advisory
Lakshmikumaran & Sridharan Attorneys
February 2019 PASCHEEM 37

Yazdi Tantra
Naturalnews.com is the place to find Natural
Health, Natural Living and Natural News. The site is
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Latest news and articles include the epidemic of
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of Health Books – most of which are free. You may
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from the comfort of your home.
A very useful feature is the Subscription to the
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You will receive an email news alert each weekday
with the latest breaking news and alerts on natural
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sustainable life!
The author is a Chartered Accountant by training, Computer Consultant by Profession, Entrepreneur Developer by hobby and
Trainer in his leisure time. He is currently Vice-Chairman of Zoroastrian Co-operative Bank Ltd and also the Global Vice President
and Technical Chair of World Zarathushti Chamber of Commerce. He runs a medium-sized Computer Company ON-LYNE for the
last 24 years, developing websites, portals, payment gateways, sales and service of computer hardware.
38 PASCHEEM February 2019
CII Reports
Tech Edge
• The truth about what to avoid in
foods, supplements and personal care products
— it’s the truth that food and chemical companies
hope you never learn!!
Natural Ice Cream goes well with Natural News on a
Sunday – what do you say ?
BudgetYourTrip.com
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your travel expenses online.
The first step is to estimate your budget. Estimate
travel costs by country, city, and category. Use
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expenses, or browse the list of countries. The
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Wish you HAPPY and PLANNED travel!
India Asset Management -
Coming of Age
Highlighting the Indian mutual funds sector scenario,
Indian asset management industry had a record year
in 2018 with assets under management reaching an
all-time high of INR 21 trillion as of March and further
grew to INR 24 trillion by November 2018. The year
continued to witness a high growth trend in line with
the last few years with 27 percent annual growth
since 2014. This growth was largely driven by the
retail segment with 31 percent year-on-year growth
while the institutional segment grew at 23 percent.
The Indian market is on a strong growth trajectory
but is still in a very nascent stage compared to some
of the other global markets (AUM/ Nominal GDP at
around 18 percent versus 200+percent for markets
like the US and UK). The industry is expected to
continue with its robust growth trajectory and
potentially double in size to reach an AUM of around
INR 50 trillion by 2023, representing 18 percent year-
on-year growth.
The Report focuses on the five key trends that will
shape the industry viz:
Transition of deposits to investments: Increasing
MF penetration as personal financial assets parked in
cash and deposits transition to investment products;
Mutual Funds as a share of bank deposits have
increased from 12 percent to around 20 percent in
the last three years.
New white spots: B30 cities gaining prominence
in the industry AUM mix as the Regulator provides
impetus to MF penetration beyond the top 30 cities
by allowing additional TER (additional TER rule shifted
from B15 to B30). Additionally, B30 cities potentially
offer access to new and incremental asset pools
created by high GDP growth.
Fight for alpha sustainability leading to product
innovation: Amid the ongoing volatility in market
cycles, investors are expected to transition a portion
of their portfolios to long-term solutions like AIFs in
search for higher alpha.
Evolving distribution channels: Direct channels
are gradually gaining a significant share in the retail
AUM mix as direct plans become more prevalent
among investors. The effect is expected to be
more pronounced with new-age digital aggregators
disrupting the traditional channel mix and providing
ease of access and complete transparency to
investors at low cost (or zero cost).
Investor-friendly regulatory environment: There
is a push for transparency and simplicity to enhance
investor confidence in investments while driving
mutual fund financial inclusion through country-wide
investor education programs. In addition, there is a
focus to reduce the cost of investment for customers
through rationalisation of TERs and change in the
pay-out framework across the industry.
While the industry is expected to sustain the
current growth trajectory amid secular tailwinds of
demographic changes, wealth creation and financial
deepening, some challenges will demand a relook
at business strategy. The emergence of new digital
channels, new geographies and changing investment
orientation of customers cannot be discounted as
the industry looks at the new phase of growth. Firms
will need to make bold moves to accelerate capability
building and deliver operational efficiencies.
The Indian market has consistently generated alpha
over the last 10–15 years, but is it sustainable? What
can asset managers do to differentiate themselves
and create value for clients while ensuring
consistency of performance? How will distribution
evolve with the emergence of new digital channels?
Is this a fad or a key disruption in the market
landscape opening up new avenues of growth? Can
the digital reach of the new age distributors create
new customer segments across under-penetrated
geographies? What capabilities will asset managers
need to develop to target alternative channels? What
are some of the operational challenges AMCs are
facing to incorporate new regulations and guidelines?
In this report, papers from select industry experts
shared their perspectives and discussed how firms
are addressing these questions and planning for the
future.
February 2019 PASCHEEM 39

• Mr Peeyush Dalmia, Partner, and Mr Vishal
Kaushik, Senior Expert, McKinsey & Company
shared two papers, one on the evolving asset
management industry landscape in Asia and
another on the Indian asset management
industry capturing key disruptions and associated
opportunities for market participants.
• Mr Kaustubh Belapurkar, Director—Fund
Research, Morning Star Investment Advisers
India discussed on ‘Can Indian Fund managers
sustain the alpha going ahead?’ sharing
perspectives on the feasibility of consistency
of alpha generation in the industry and its
implication on product innovation and risk
management frameworks.
This is a synopsis of the report ‘India asset management - Coming of age’ released at the Mutual Fund Summit 2018 held in
Mumbai. The complete report can be accessed on www.mycii.in
40 PASCHEEM February 2019
CII Reports
• Mr Dhruv Mehta, Chairman, Foundation of
Initiatives
Independent Financial Advisors (FIFA) shared
his views on the potential of continued alpha
generation in the industry while bringing in global
Spotlight
Conceptualized in 2003 by Hon’ble Prime Minister
perspectives on alpha trajectory in his paper “Is
of India and the then Hon’ble Chief Minister of
alpha sustainable?”.
Gujarat, Mr Narendra Modi, to re-establish Gujarat
• Mr V Ganesh, MD & CEO, Karvy Fintech as a preferred investment destination within India,
contributed a paper on ‘Enabling the MF today the summit has evolved into a platform for
industry—Operational and regulatory challenges/ brainstorming on agendas of global socio-economic
opportunities’ capturing the key operational
Vibrant Gujarat 2019 Summit
development, in addition to being a facilitator
challenges to incorporate new regulations and 18-20 January 2019, Gandhinagar for knowledge sharing and forging effective
guidelines while looking at capabilities that will partnerships.
be needed for MBO infrastructure.
International organisations like The  U.S.-India
The Government of Gujarat hosted the 9th edition
Business Council, Commonwealth Enterprise
of Vibrant Gujarat, the bi-annual summit of the state
and Investment Council, Taiwan External Trade
at Mahatma Mandir. CII was the National Partner
Development Council and US-India Strategic
to the Summit. The summit provided a forum
Partnership Forum also organised seminars in the
for discussion on global, national and state-level
course of the summit. Over 600 B2G meetings were
agendas with a sharp focus on all-round economic
facilitated.
development for a ‘New India’. In addition to the
flagship events organized as part of Vibrant Gujarat, All events were strategically planned to connect to
the summit also witnessed the launch of some a larger audience base and to provide a common
completely new set of forums aimed at diversifying platform to think-tanks, academia, industrialists and
the nature of knowledge sharing and intensify the government officials to analyze and suggest avenues
level of networking between participants. for Gujarat to take up leadership roles, especially in
the field of engineering and manufacturing. A total
Australia, Canada, Czech Republic, Denmark,
of 28,360 Memorandums of Understanding were
France, Japan, Morocco, Norway, Poland, South
signed at the Vibrant Gujarat Global Summit 2019,
Africa, South Korea, Thailand, The Netherlands, UAE,
which are expected to generate over 21 lakh jobs.
Uzbekistan were the partner countries to the summit
and AIBC, CIF, CWEIC, ICCC, IFC, JETRO, KOTRA,
NICCT, UIBC, USIBC, USISPF were the Partner
Organizations. The summit witnessed delegations
from over 110 countries, participation from heads of
state of five countries namely Uzbekistan, Rwanda,
Denmark, Czech Republic and Malta – and over
30,000 national and international delegates.
The Vibrant Gujarat Global Trade Show was organized
parallel to the summit spanning across an area of
2 lakh sq mt at the exhibition grounds in the state
capital. Around 25 industrial and business sectors Hon’ble Prime Minister of India Mr Narendra Modi addressing the
Vibrant Gujarat 2019 Summit in Gandhinagar
showcased their products at the event.
Inaugural Session of the Vibrant Gujarat 2019 Summit in Gandhinagar
February 2019 PASCHEEM 41

West Tech Summit & Smart innovation becomes the fulcrum of the education
Manufacturing Conclave
7-8 December 2018, Pune
The 6th Edition of West Tech Summit and 3rd Edition
of Smart Manufacturing Conclave highlighted the
importance of innovation, research and Industry 4.0
and ways in which industry should make these an
integral part of their growth story. They were themed
as Driving industrial growth through R&D, Innovation
& Digitalisation.
Mr Subhash Desai, Hon’ble Minister of Industries
& Mining, Government of Maharashtra, Dr Abhay
Jere, Chief Innovation Officer, Innovation Cell,
Ministry of HRD, Government of India, Dr Naushad
Forbes, Past President, CII and Co-chairman, Forbes
Marshall Pvt Ltd, Mr Piruz Khambatta, Chairman, CII
Western Region and Chairman & Managing Director,
Rasna Pvt Ltd, Mr Sanjiv Bajaj, Deputy Chairman,
CII Western Region and Managing Director, Bajaj
Finserv Ltd, Mr Viren Joshi, Chairman, CII Pune
Zonal Council and CEO & President, Sigma Electric
Manufacturing Corporation Pvt Ltd and Mr Parag
Satpute, Chairman, West Tech Summit 2018 and
Managing Director, Bridgestone India Pvt Ltd, were
amongst key dignitaries present at the inaugural
session.
Dr Jere, stated the intention of making sure that
system and most of the problems prevailing under
various ministries can be solved via innovative ideas
from the talent of the youth.
Dr Forbes, enunciated that firms should invest in
technology, innovation, education and in international
emerging markets where Indian firms are eagerly
sought after.
Mr Khambatta, gave a brief overview of CII initiatives
taken towards the goal of nation building under the
theme of ARISE which stands for Accountability,
Reforms of Policy, Innovation, Sustainability and
Employment opportunities.
Mr Bajaj, said that the culture of organisations
should be more open and welcoming to new ideas
and innovation as every small improvement causes
a big difference.
Environ Expo 2018
6-8 December 2018, Pimpri-Chinchwad
The Environ Expo 2018 was organised under the
Chairmanship of Mr MS Unnikrishnan, Managing
Director and CEO, Thermax Ltd and under the
leadership of Mr Gaurav Nanavaty, Chairman, CII WR
Task Force on Trade Fairs and Mr Praveen Toshniwal,
Co Chairman, CII WR Task Force on Trade Fairs The
exhibition showcased latest technologies related to
clean energy, environment protection, e-mobility and
waste management. Mr Subhash Desai, Industries
Minister, Government of Maharashtra, visited the
expo and interacted with exhibitors.
The show was inaugurated by Ms Meher Pudumjee,
Chairperson, Thermax Limited, Mr Viren Joshi,
Chairman CII Pune Zonal Council and CEO &
President, Sigma Electric Mfg Corporation Pvt Ltd,
Mr Raman Nanda, Conclave Chairman & Convener,
CII Pune Energy, Environment & Sustainability Panel
and Country Head, GESTAMP Automotive India Pvt
Ltd.
The exhibition witnessed the attendance of players
from verticals of smart cities, clean and green
energy, waste managing and recycling, water and
waste water management/ treatment, pollution and
waste control, e-mobility, etc.
of India; Maharashtra Industrial Development
Corporation (MIDC); Maharashtra Energy
Development Authority (MEDA); Maharashtra
Pollution Control Board (MPCB); Thane Municipal
Corporation (TMC); Thane Smart City Corporation
(TSCCL); Pimpri Chinchwad Municipal Corporation
(PCMC); Maharashtra Metro Railway Corporation
(Maha-Metro) and National Environmental
Engineering Research Institute (CSIR-NEERI).
MPCB conducted a two-day workshop on Online
Monitoring System. Other leading stakeholders such
as Indian Green Building Council (IGBC), Gujarat
Knowledge Application & Facilitation Centre (GKAFC)
and Dalit Indian Chamber of Commerce and Industry
(DICCI) and Solar Power Developers Association
(SPDA) extended their valuable support.
In order to encourage upcoming entrepreneurs from
relevant segments, a dedicated Start-Up pavilion
was provided. The presence of various start-ups and
their unique services were received positively by the
visitors. A conducive platform was created for all
the stakeholders and participants to meet, interact,
educate, demonstrate and conduct business with
the relevant audience in a positive and mutually
beneficial set up.

Mr Desai inaugurated the summit and spoke on
ways innovation plays a vital role in development,
giving an impetus to consecutive innovations.
Mr Desai, stated that the government is actively
working on adopting digitalisation, implementing
e-governance and making most of the government
related processes online and user friendly.
State Government of Maharashtra supported the
Mr Shaffic Ahamed, Convenor, CII Pune Panel on IT and VP &
expo as a ‘host state’ and the Initiative was supported
Country Manager - IT, Sandvik Asia Pvt Ltd, Mr Erwin Steinhauser, by relevant government entities such as Atal Mission
Managing Director, Sandvik Asia Pvt Ltd, Mr Shishir Joshipura,
Past Chairman, CII Pune Zonal Council and Managing Director,
for Rejuvenation and Urban Transformation (AMRUT),
Mr Subash Desai, Industries Minister, Government of Maharashtra
Praj Industries Ltd, Mr Viren Joshi, Chairman, CII Pune Zonal Ministry of Housing and Urban Affairs, Government at the Environ Expo 2018 in Pimpri-Chinchwad
Council and CEO & President, Sigma Electric Manufacturing
Corporation Pvt Ltd and Mr Nilesh Sahasrabudhe, Co-convenor,
CII Pune Panel on IT and Country Manager, Tieto India Pvt Ltd, at
the Smart Manufacturing Conclave in Pune

Mr Viren Joshi, Chairman, CII Pune Zonal Council and CEO & President, Sigma Electric Manufacturing Corporation Pvt Ltd, Mr Sanjiv
Bajaj, Deputy Chairman, CII Western Region and Managing Director, Bajaj Finserv Ltd, Dr Naushad Forbes, Past President, CII and Co-
chairman, Forbes Marshall Pvt Ltd, Mr Subhash Desai, Hon’ble Minister of Industries & Mining, Government of Maharashtra, Dr Abhay
Jere, Chief Innovation Officer, Innovation Cell, Ministry of HRD, Government of India, Mr Piruz Khambatta, Chairman, CII Western Region
and Chairman & Managing Director, Rasana Pvt Ltd and Mr Parag Satpute, Chairman, CII West Tech Summit 2018 and Managing Director,
Bridgestone India Pvt Ltd, at the West Tech Summit in Pune
Mr Raman Nanda, Conclave Chairman & Convenor, CII Pune Energy, Environment and Sustainability Panel, and Country Head, Gestamp
Automotive India Pvt Ltd, Mr Viren Joshi, Chairman, CII Pune Zonal Council and CEO & President, Sigma Electric Manufacturing Corporation
Private Limited, Mr Shrikant Bapat, Vice Chairman, CII Pune Zonal Council and Country General Manager and Managing Director, Johnson
Controls (India) Pvt Ltd, Ms Meher Pudumjee, Chairperson, Thermax Ltd and Mr J P Shroff, Chairman – IGBC Pune Chapter, CII-Sohrabji
Godrej Green Business Centre, at the inauguration ceremony in Pimpri-Chinchwad

42 PASCHEEM February 2019 February 2019 PASCHEEM 43


13th Edition of Mutual Fund Summit
18 December 2018, Mumbai
The Mutual Fund Summit 2018, a flagship national
summit, was chaired by Mr Nilesh Shah, Managing
Director, Kotak Mahindra Asset Management Co
Ltd. India Asset Management – Coming of Age
was the theme of the summit and it captured key
structural changes in the industry amid which levers
can be built by asset managers and distributors to
bring their growth agenda in motion.
Mr SV Muralidhar Rao, Executive Director, SEBI,
inaugurated the summit and released the India Asset
Management: Coming of Age report. Mr Rao, who
was the guest of honour, stated that Mutual funds
have fared exceedingly well in the past and they
play a critical role in bringing stability, efficiency and
transparency into the financial system.
He further elucidated on the global scenario and
mentioned about mutual funds being allowed to
create a segregated portfolio with respect to debt
and money market instruments, subject to various
safeguards and considering the benefits of side
pocketing. This facility would be available to mutual
fund based on the credit events at the issuer level.
Mr Shah mentioned that the alpha generation of value
added mutual fund customers has to be thought of,
and a better track record should be maintained. The
past was all about longevity of equity funds but the
future might be leverage, longshot, concentrated, off-
shore investments. He enunciated the requirement
of bringing cost efficiency for investors through
economies of scale, and the need of the industry to
tackle regulatory arbitrage.
Mr Ashwani Bhatia, Managing Director & CEO, SBI Funds Management Pvt Ltd, Mr Nimesh Shah, Chairman - AMFI, Managing Director &
Chief Executive Officer, ICICI Prudential Asset Management Co Ltd, Mr Nilesh Shah, Chairman, 13th Mutual Fund Summit and Managing
Director, Kotak Mahindra Asset Management Co Ltd, Mr K N Vaidyanathan, Former Executive Director – SEBI and EVP & Chief Risk
Officer, Mahindra Group, Mr Milind Barve, Managing Director, HDFC Asset Management Co Ltd, Mr A Balasubramanian, Chief Executive
Officer, Aditya Birla Sun Life Asset Management Co Ltd and Mr Kalpen Parekh, President, DSP Investment Managers Pvt Ltd at the CEO's
interactive roundtable
44 PASCHEEM February 2019
Mr Peeyush Dalmia, Partner, McKinsey & Company,
highlighted the growth of the Indian asset
management market and mentioned that it has
significantly outpaced other financial services growth.
He shared the six key trends of alpha sustainability,
growth of passives, alternative investments, growth
in B30, digital direct and regulations; and said that
they would be likely to shape the industry.
The report released informs on the Indian asset
management industry which has matured and
witnessed a high growth trend over the past few
years and continues to do so largely driven by
inflows in the retail segment. Challenges to the
industry as it looks at the new phase of growth with
respect to emergence of new digital channels, new
geographies and changing investment orientation of
customers have been stated.
A special CEOs roundtable at the summit discussed
the theme. Other major focus areas were on
alpha generation, driving inclusion, operational and
regulatory challenges of the mutual fund industry.
Consensus amongst leading mutual fund industry
CEOs was on the current growth trajectory being
expected to be sustainable amid secular tailwinds of
demographic changes, wealth creation and financial
deepening.
Mr Peeyush Dalmia, Partner, McKinsey & Company, Mr SV
Muralidhar Rao, Executive Director, Securities and Exchange
Board of India (SEBI) and Mr Nilesh Shah, Chairman, 13th Mutual
Fund Summit and Managing Director, Kotak Mahindra Asset
Management Co Ltd, at the release of the India Asset Management:
Coming of Age report
Regional
Visit of Government of Madhya
Pradesh delegation to Davos for
participating in World Economic Forum An exclusive business interaction in honour of
Annual Meeting 2019
21-25 January 2019, Davos
Hon’ble Chief Minister of Madhya Pradesh Mr
Kamal Nath addressed a gathering of industry
delegates at Davos at a seminar organized by CII
and the Government of Madhya Pradesh on the
sidelines of Annual Meeting of World Economic
Forum. Mr Nath spoke about the huge potential
of Madhya Pradesh and apprised investors about
the numerous steps that his government will
undertake in area of skill development, employment
creation, infrastructure development also in terms of
handholding new investors. Mr S R Mohanty, Chief
Secretary, Madhya Pradesh made a presentation on
investment opportunities and support and incentives
provide by government in Madhya Pradesh. An
MoU was also signed between MP Industrial
Development Corporation and Hitachi India P. Ltd to
implement citizen lifecycle e-governance platform
in Madhya Pradesh. Mr Mohammed Suleman,
Principal Secretary, Industrial Policy and Investment
Promotion Department, Govt of MP and Mr Bharat
Kaushal, Managing Director of Hitachi India Pvt Ltd
signed the MoU.
MoU signed between MP Industrial Development Corporation &
Hitachi India Pvt. Ltd in the presence of Hon’ble Chief Minister of
Madhya Pradesh Mr Kamal Nath in Davos
Business interaction with
Mr Pravind Kumar Jugnauth, Hon'ble
PrimeMinister of the Republic of
Mauritius
25 January 2019, Mumbai
Mr Pravind Kumar Jugnauth, Hon'ble Prime Minister
of the Republic of Mauritius was organized by CII as
one of the partners on 25 January 2019 in Mumbai.
Mauritius is a well-established business destination
for investors seeking a secure investment climate,
a conducive business environment, political stability,
transparent regulations, high value-addition and an
efficient financial ecosystem offering wide range
of services. It has vast business opportunities in
Agro-Industry, Aqua-Culture and Ocean Economy,
Education, Financial Services, Healthcare, Hospitality,
Property Development and Smart Cities, ICT-BPO,
Life Sciences, Logistics, Manufacturing, Media and
Creative Industries, amongst others.
Mr Jugnauth said “India has progressed under the
leadership of the Indian Prime Minister, Shri Narendra
Modi and two countries are enhancing cooperation
in trade & investment and cultural linkages.” The
Hon’ble PM of Mauritius further added that Mauritius
is keen on signing a CECPA with India, which will
lower or eliminate tariffs on a number of goods, as
it sees scope for exporting items such as textiles
and marine products. He invited Indian companies
to invest in Mauritius in sectors like Tourism,
Construction, Textiles, Telecommunication, IT and
ITeS, etc. Mr Suresh Prabhu, Hon’ble Minister of
Commerce and Industry, and Minister of Civil Aviation,
Govt. of India said, "Bilateral relations between India
and Mauritius have continually only deepened and
is evident from the wide range of agreements and
MoUs signed between the two countries which
include vivid areas including taxation, air services,
science and technology, tourism, environment,
traditional system of medicine, among others."
Hon’ble Mr Pravind Kumar Jugnauth, Prime Minister of the
Republic of Mauritius addressing the interaction in Mumbai
February 2019 PASCHEEM 45

7th CK Prahalad Memorial Lecture
11 December 2018, Mumbai
Commemorating the legacy and contribution of the
Late Professor C K Prahalad, global business thinker
and former Professor at the University of Michigan,
US; the 7th CK Prahalad Memorial Lecture aimed
at dwelling into the ideologies and visions of the
professor. Prof Abhijeet Banerjee, Professor of
Economics, Massachusetts Institute of Technology
(MIT), was the speaker of the session who elucidated
that individual firms are becoming more productive
and this is driving the growth in India. He also stated
that a high rate of misallocation would mean that
resources need better utilization.
Prof Prahalad always laid stress on the strengths of
India and what India can contribute to the world as a
nation, stated Mr Jamshyd N Godrej, Past President,
CII and Chairman of the Board, Godrej and Boyce Mfg
Co Ltd. Mr Naushad Forbes, Past President, CII and
Co-Chairman, Forbes Marshall, said that the source
and quality of growth in a country go hand in hand
and are not independent of each other; development
happens one person at a time and the more people
get involved into it, the further it spreads and the
nation develops.
The open floor session conducted, had the audience
dwell into the ideas of universal basic income and
how the trends in manufacturing are gradually
changing and ways in which the growth in India is
shaping up. The memorial lecture laid out a map of
the shaping up of India’s growth to tip the seven
percent mark.
Dignitaries on the dais at the CK Prahalad Memorial Lecture in
Mumbai
46 PASCHEEM February 2019
Members’ Meet with Mr China (Shanxi) – India Economic and
Vikram Kirloskar, Vice President ,CII
15 December 2018, Kolhapur
The interactive session with Mr Vikram Kirloskar,
Vice President, CII focused on discussion about CII
activities with members as well as discussion on
issues faced. Mr Kirloskar apprised members on
ways to benefit from the various services offered by
CII. Members were explained the features of MyCII
app and were urged to download and explore its
services.
At the Interactive Meet in Kolhapur
Session on Fostering a Culture of
Technology and Innovation
4 December 2018, Aurangabad
The Session on Fostering a Culture of Technology and
Innovation provided an exclusive forum to cognise
the strategies, technologies and best practices in
terms of sustainable innovation.
Dr Gopichand Katragadda, Chairman, CII Western
Region Task Force on Innovation Ecosystem and
Group CTO, TATA Group, stated the necessity of
a company to create, produce and nurture ideas
along with the ability to change while keeping the
customer at the core in the process of innovation.
Ms Mohini Kelkar, Chairperson, Marathwada Zonal
Council and Director, Grind Master Machines Pvt Ltd
was also present at the session.
Speakers on the dais at the session in Aurangabad
Trade Cooperation Promotion Conference
17 December 2018, Mumbai
The China (Shanxi) – India Economic and Trade
Cooperation Promotion Conference was organised
along with the 2018 Shanxi Brands on Road to
India launch ceremony. Mr Chen Hecai, Chairman,
China Council for the Promotion of International
Trade (CCPIT) Shanxi Provincial Committee, led the
delegation comprising of government officials and
Chinese companies. A Co-operation Framework
Agreement was signed to strengthen bilateral
economic and trade co-operation.
Dignitaries at the China (Shanxi) – India Economic and Trade
Cooperation Promotion Conference in Mumbai
3rd Edition of China - India Economic
Forum
17 December 2018, Mumbai
The China - India Economic Forum themed
‘Constructive and Strategic Approach: The Way
Forward’, focused on strengthening partnership and
creation of more sustainable growth opportunities
through the enhancement of bilateral economic
engagement. The annual conference coincided
with the 6th edition of China Homelife and China
Machinex India exhibitions.
Mr Vandan Shah, Co-chairman, CII Western Region
Taskforce on GST Implementation, Member of
National Council of MSME, and Executive Director,
Veena Diecasters & Engineers Pvt Ltd, in his address
spoke about the expanding strategic relations and
concerted efforts to achieve progress in potential
areas of education, infrastructure, internet and
tourism.
At the China - India Economic Forum in Mumbai
Navpravartan - A Session on
Innovation in the Indian Industry
15 December 2018, Indore
Navpravartan - A Session on Innovation in the
Indian Industry was organised and it was themed
‘Leveraging Strategy and Technology for Effective
Innovation’. It provided a platform for industry
experts to share their opinions on current innovation
trends and its impact on the future of the economy.
The lamp lighting ceremony at Navpravartan in Indore
India We Want - Debate Competition
24 January 2019, Mumbai
CII WR organized the first of its kind Debate
Competition to bring together sharpest young minds
from the Academia to compete on thought provoking
topics. The objective was to promote analytical and
persuasive speaking skills among the youth. The
competition started in an online format, where
participants across colleges submitted videos for
evaluation. After a core team of industry members
shortlisted the entries, the Quarter final, semi-final
and final rounds were organised in Mumbai. The
winner of the debate was HR College, who competed
with Vivekanand Education Society College on the
topic ‘Artificial Intelligence will kill future jobs’.
February 2019 PASCHEEM 47

Winners along with office bearers at the debate competition in
Mumbai
Digital Business of Sports in India
30 January 2019, Mumbai
Digital is increasingly becoming the second screen
after traditional broadcast, during live events. Both
digital and sports have the ability to capture a large
number of audience at the same time. Hence, digital
is now gaining a lot of momentum and shaping
the sports industry in many ways. The CII Sports
programme created a platform for deliberations on
how Indian Sports has fared this year and how digital
can be leveraged for the future of Sports in India.
The Keynote address was delivered by Mr Arvind
Iyengar, Member, CII National Committee on
Sports and CEO, Sportz Interactive. He highlighted
on how digital has been leveraged for maximum
consumer engagement and how this has enabled
fans to track sports development at the last mile.
The eminent panel of Mr Deep Mukherjee, CEO,
CII National Committee on Sports and Head, Sports
Development, Star India, Mr Arvind Iyengar, CEO,
Sportz Interactive, Mr Jatin Paranjpe, Member,
CII National Committee on Sports and CEO, Khelo
More and Mr Jitendra Joshi, Founder & CEO, Sports
Consultz deliberated on how digital can be leveraged
across various functions such as grassroots
development, aggregating of coaches and players
etc
Dignitaries on the dias at the session in Mumbai
48 PASCHEEM February 2019
Joint Venture between Rothwell
Korea Ltd & Shubham Acqualink
(India) Pvt Ltd for manufacturing Technologies India Ltd. The visit comprised of brief
Sewage Treatment Plants in India
30 January 2019, Mumbai
In September 2018, CII WR led an SME Business
Delegation to South Korea and a positive outcome
of this visit was the signing of a Joint Venture
Agreement between a visiting Indian company –
Shubham Acqualink (India) Pvt Ltd and a Korean
Company - Rothwell Korea Ltd for manufacturing
latest patented technology Sewage Treatment plants
in India through their group company Shubham
Equipments Pvt Ltd. The Joint Venture was signed
between both companies in the presence of the Mr
Dong-young Kim, Consul General, Consulate General
of the Republic of Korea at the Korean Consulate
in Mumbai. Mr K Nandakumar, Chairman, WR CII
Taskforce on GST Implementation & Convenor,
Manufacturing Panel and Chairman & Managing
Director, Chemtrols Industries Pvt Ltd delivered an
address at the MoU signing session.
MOU Exchange between Rothwell Korea Ltd. & Shubham
Acqualink (India) Pvt Ltd.
States
GOA
Beach Soccer 2018
1-2 December 2018, Goa
With an aim to create awareness, develop interest
to connect and involve key influencers in beach
football, the 4th Edition of Beach Soccer 2018 took
place in Goa. The event was inaugurated by Mr Vithal
D Chopdekar, Mayor of Panjim City, Mr Sheo Pratap
Singh, Secretary, Tourism, Government of Goa and
Mr Shrinivas Dempo, Chairman, CII Western Region
Sports Committee & CII Goa Beach Soccer 2018
and Chairman, Dempo Shipbuilding & Engineering
Pvt Ltd in the presence of Mr Lalit Saraswat, Vice
Chairman, CII Goa State Council, Former Indian
Footballer and Arjuna Awardees Mr Brahmanand
Sankhwalkar and Mr Bruno Coutinho and Mr Rahul
Rodrigues, Vice President – Operations, FC Goa.
Players at the Beach Soccer 2018 event in Goa
CII Study Mission to Indore on
Learning World Class Manufacturing the important aspects of the Sexual Harassment-
Practices
06 & 07 December 2018, Indore
CII organized a Study Mission on Sharing World
Class Manufacturing Practices by visiting plants that
have done commendable work in manufacturing
processes. The visit also aimed to understand the
best practices adopted in Environment Health &
Safety (EHS). The mission visited Volvo Eicher
(VE) Commercial Vehicles Ltd, Case New Holland
Construction Equipment (I) Pvt Ltd. and Cummins
presentation highlighting the best practices, plant
visit and interaction with senior officials from the
organization.
The main benefits of the mission was to gain first-
hand information and knowledge on Best Practices
in Manufacturing, to help conforming to Global
Standards, to highlight and understand expertise,
to provide an insight into the practical aspects of
implementing these practices across different
sectors, to help the organisation to identify areas
that have impact on the employee and ensure
that corrective actions are initiated, to provide an
opportunity to benchmark with doers and to visit to
actual implementation site.
Participants during the industrial visit
Workshop on Sexual Harassment at
Workplace
14 December 2018, Goa
CII organized a one day workshop on Sexual
Harassment at Workplace. The workshop covered
Prevention, Prohibition & Redressal. It also explained
the role of an Internal Committee Member (IC) at
workplace to oversee the implementation of Anti
Sexual Harassment Policy, deliberate and resolve any
sexual harassment at workplace and recommend
disciplinary actions if any, to the employer. The
workshop was to help the Internal Committee
Members to conduct formal investigation, help them
with interviewing tips, legal requirements, drawing
conclusions, assessing credibility and deciding on
corrective action. It also covered closing procedures,
timelines to be followed, penalties for contravention
of provisions and tips to write a report.
February 2019 PASCHEEM 49

Sexual Harassment is one issue that has probably
plagued every institution, big or small. Unfortunately,
it still remains one of the most unreported offences
of all times.
Knowledge Session on SME Listing
and Currency Risk Management
18 December 2018, Goa
CII in association with National Stock Exchange of
India Limited organized a Knowledge Session on
SME Listing and Currency Risk Management. Ms.
Rachana Bhusari, Vice President – SME, National
Stock Exchange, Mr. Sunil Gawde, Vice President
– SME, National Stock Exchange, Mr. Parth Shah,
Vice President, HEM Investment Banking were the
speakers at the session.
The session covered case studies with supporting
theoretical background. It further helped in
understanding the listing opportunity and effective
tools for currency risk management in an easy
and practical manner to enable participants to do
a thumb rule or back-of-the-envelope study. The
session helped in broadening and improving the
understanding of the audience towards various
aspects of currency risk management, access of
capital market funds and nuances to be kept in mind
for effective business growth and management.
Ms Rachana Bhusari, Vice President – SME, National Stock
Exchange, Mr Lalit Saraswat, Vice Chairman, CII Goa State Council
& Director, Sancoale Shipping Pvt Ltd, Mr Nikhil Kalap, Chairman,
CII Yi Goa Chapter & Managing Director, Integral Holdings, Mr
Parth Shah, Vice President, HEM Investment Banking and Mr
Vivek Acharya, Senior Manager – SME, National Stock Exchange
at the session in Goa
50 PASCHEEM February 2019
GUJARAT
International Seminar on STEM Zonal Council and Managing Director, Sure Safety
Education
17 January 2019, Ahmedabad
CII jointly with Education Dept, GoG organized STEM
(Science, Technology, Engineering and Mathematics)
Seminar at the Science city in Ahmedabad on 17
January 2019. The seminar was attended by over
2,000 faculty and PhD students from across the
State. 
A round table discussion comprising 35 Heads of
IITs, IIMs and other institutes of National Importance
along with some key industries was organised. The
objective of this discussion was to make STEM
more effective in the country. The sessions were
chaired by Mr Prakash Javadekar, Hon'ble Minister,
HRD, GoI. Shri Bhupendrasinh Chudasma, Hon’ble
Minister, Cabinet Minister Education, Law & Justice,
Legislative & Parliamentary Affairs, Salt Industries,
Cow Breeding and Civil Aviation, Government of
Gujarat was also present at the seminar.
Shri Bhupendrasinh Chudasma, Hon’ble Minister, Cabinet Minister
Education, Law & Justice, Legislative & Parliamentary Affairs,
Salt Industries, Cow Breeding and Civil Aviation, Government of
Gujarat presenting a memento to Shri Prakash Javdekar, Hon'ble
Minister, HRD, GoI at the seminar in Ahmedabad
Industrial Safety Summit 2018
7 December 2018, Vadodara
The 5th Edition of Industrial Safety Summit was
based on the theme Building Safe Workplaces –
Process Safety & Risk Management. The 2nd edition
of CEOs Round Table Discussion on Safety and the
4th edition of Job Safety Analysis (JSA) Competition
were held on the same day.
Mr P M Shah, Joint Director, Directorate of Industrial
Safety & Health, Government of Gujarat, Mr Georg
Sparschuh, Vice Chairman, CII Central Gujarat Zonal
Council and President, Schott Glass India Pvt Ltd,
Mr Nishith Dand, Past Chairman, CII Central Gujarat
(India) Pvt Ltd and Mr Atul Garg, Past Chairman, CII
Gujarat State Council and Director & Co-Founder,
Skilltelligent Solutions Pvt Ltd. were some of the
dignitaries present at the summit.
Speakers at the Industrial Safety Summit 2018 in Vadodara
Seminar on SME Edge
14 December 2018, Rajkot
The Seminar on SME Edge, based on the theme -
Sustainability, Succession, Planning and Scaling
up, aimed to expound on succession planning
and leadership development, HR technology and
solutions, and creation of alternate capital avenues.
Mr Yatindra Sharma, Chairman, CII Western Region
Sub-committee on HR and Employment Generation
and Managing Director, KHS Machinery Pvt Ltd,
Mr Ripple Patel, Past Chairman, CII Western
Gujarat Zonal Council and Chairman & Managing
Director, Everest Fertilizers & Chemicals Pvt Ltd
and Mr Chetan Bhojani, Founder & CEO, Add Value
Consultants were among the key speakers at the
seminar.
Seminar on SME Edge in progress in Rajkot
Study Mission to Mahindra Gujarat
Tractors Ltd and See Linkages Pvt Ltd
7 December 2018, Vadodara
A Study Mission was organised to Mahindra Gujarat
Tractors Ltd and See Linkages Pvt Ltd. The objective
of this visit was to showcase state-of-the-art
practices in world-class manufacturing. It enabled
participants understand and identify practices that
can be implemented in their sector for increasing
efficiency, taking long-term organizational building
into consideration.
The delegation at SEE Linkages Pvt Ltd in Vadodara
Program on Small Action - Big
Difference & Personal Performance
Principle
01 December 2018, Rajkot
The program was designed to make the owners
and industry representatives understand process
of delegation. Personal Performance Principle
was designed to enable SMEs understand list of
instructions on how to perform while giving the
presentation. The key takeaways were enabling
SMEs to understand about maintaining a daily diary
that will increase productivity by 27 percent. Day
planning will help them set priorities. With regard
to presentation skills, the desired positive impact
of presentation depends upon how effectively one
communicate and engage with their audience.
February 2019 PASCHEEM 51

Buyer Seller Meet
19 December 2018, Rajkot
The objective of this event was to create a
linkage between auto & engineering component
manufacturers from Rajkot and surroundings with
large industries willing to procure through one-
on-one interaction. This Meet provided a unique
platform not only to enhance business relations but
also to learn, explore, innovate and network. The
Buyer-Seller Meet was aimed to bring together on
a single forum, government representatives and key
industry leaders to enable joint ventures through
networking.
Mr Jayraj Shah, Vice Chairman, CII Western Gujarat Zonal Council
& Managing Director, EPP Composites Pvt Ltd, Dr Mayank Dwivedi,
Directorate of Industry Interface & Technology Management
(DIITM), DRDO, Mr Sudhir Chikhle, Vice President, Corporate
Purchase, Fiat Chrysler Automobiles Pvt Ltd, Air Marshal R K Dhir
and Mr Piyush Tamboli, Past Chairman, CII Western Gujarat Zonal
Council and Chairman and Managing Director, Investment &
Precision Castings Ltd at the Buyer Seller Meet in Rajkot
CSR Round Table
26 December 2018, Bhavnagar
CSR Round Table was an effort to provide forum to
the member industries in Bhavnagar to exchange
their CSR work and discuss possibilities of
synergising these efforts. All participant industries
shared their CSR initiatives among others. Mr
Chetan Kamdar, Past Chairman, Western Gujarat
Zonal Council addressed on the importance of
CSR for the industries. In his concluding remarks,
Mr Neeraj Lal, Chairman, CII Gujarat State CSR &
Social Inclusiveness panel mentioned industries to
consider CSR strategically and also think about some
collaborative project by member industries which
can benefit whole city.
52 PASCHEEM February 2019
Interactive Meeting with Dr Mayank
Dwivedi
20 December 2018, Surat
CII organized an Interactive Meeting with Dr Mayank
Dwivedi, Director in Directorate of Industry Interface
& Technology Management (DIITM). Factory Visit to
Textile & Chemical manufacturing companies were
organized where Dr Dwivedi briefed on specifications
of technical textiles mandatory in defence. He also
explained the procedures to be followed for working
with DRDO to manufacture defence products in
India.
CII Box Cricket League 2018
22-23 December 2018, Ahmedabad
CII in association with IWN and Yi organized Box
Cricket League (Mixed) at Belvedere Golf and
Country club. The league saw men & women from
top corporates playing against each other for the
CII’s BCL Trophy. CII aims to promote Gender parity
at Work as well as Sports through its unique CII Box
Cricket League 2018. Ms Smriti Singh, Head Coach,
Central Board of Cricket, Ahmedabad, Mr Harish
Mehta, Director of Suzlon and Ms Jyoti Sudhir,
Chairperson, CII Indian Women Network joined the
inaugural ceremony. 12 teams of leading corporates
including Arvind Envisol, Welspun, Vadilal, Suzlon,
Coca-Cola, Flourish, Kataria Group, Prasad Group,
Gujarat Metal Cast (GMCIL), Monarch Networth, My
FM, and Belvedere Club participated in the league.
Welspun Corp Ltd was the winner of CII BCL 2018
and the runner up team was Vadilal.
Ms Jyoti Sudir, Chairperson, IWN Guajrat with Welspun - The
Winner Team
Young Entrepreneurs' Round Table
21 January 2019, Bhavnagar
CII under its Young Entrepreneurs’ Development
Programme (YEDP) initiative, organised a Young
Entrepreneurs Round Table to provide platform to
budding entrepreneurs to share issues their business
face and areas wherein they seek support. This was
followed by an open house wherein participants
individually shared how they can help others. This
forum also helped them to get ideas which can be
applied to mitigate challenges being faced. The
Round Table was chaired by Mr Prashant Mamtora,
Chairman, CII Western Gujarat Zone.
Roundtable in progress in Bhavnagar
Workshop on Problem Solving
through Six Sigma
23 January 2019, Bhavnagar
The workshop was organised for participants to
learn an implementation based Six Sigma approach
to enhance overall productivity and processes
and as a result help in overall competitiveness of
the organisation. Session was conducted by Mr
Fazal Husain Mukadam, Principal Consultant, En
Genie Consultants. Key points discussed were the
importance of formal approach to problem solving,
problem solving methodology under Six Sigma, Six
Sigma Philosophy and Six Sigma’s DMAIC model.
MADHYA PRADESH
Tech Know Edge 2018 - Arise...
Towards Achieving Excellence &
Enhancing Competitiveness
5 December 2018, Bhopal
The 4th edition of Tech Know Edge 2018 highlighted
the use of technology for marketing and enhancing
competitiveness and roles of various e-platforms for
fund raising.
Key speakers present at the session included
Mr Pankaj Agrawal, IAS, Principal Secretary,
Government of Madhya Pradesh, Department of
MSME, Mr Abhishek Gupta – Chairman CII Bhopal
Zonal Council & Managing Director, Surevin BPO
Services Ltd, Mr Anurag Shrivastava, Convener -
CII Madhya Pradesh Panel for Startup, Innovation
& IT/ITeS and Managing Director, Netlink Ltd, Mr
Sunil David, Regional Director - IOT (India & ASEAN)
AT&T Global Network Services India Pvt Ltd and Mr
Pradeep Karambelkar, Past Chairman - CII Bhopal
Zonal Council & Managing Director, Vision Advisory
Services P Ltd.
Tech Know Edge 2018 event in Bhopal
Branding & Marketing Conclave 2018
7 December 2018, Indore
The Branding & Marketing Conclave 2018 expounded
the significance of changing trends in marketing and
the necessity for companies to evolve accordingly.
The increasing role of technology in every aspect
of commerce was enunciated along with the
craft of marketing becoming more instrumented,
interconnected and intelligent.
February 2019 PASCHEEM 53

Dr Bhaskar Das, Executive President, Dainik Bhaskar Group and
Republic TV addressing delegates in Indore
Seminar on Export & International challenges. Finding solutions to these challenges will
Business
18-19 December 2018, Bhopal & Indore
With an objective to create and sustain a conducive
environment to promote export business &
investment and adapting best practices known
across the world, this seminar on Export and
International business was organised. Seminar
discussed on points like how and where to export,
selection of product and market, export incentives,
documentation and GST in exports. Participants
got to know on how to get support and guidance
regarding export, start and increase the scope of
export and also, got their doubts cleared on export
and international business.
Dignitaries on the dias
Renewable Energy Demand vendor registration process, various products and
Enhancement (REDE) for Corporate services required by the CPSEs/OEMs and also to
Buyers in India - Madhya Pradesh sensitize the MSEs on the requirement of CPSEs in
Corporate RE Buyers Day
18 December 2018, Indore
CII in partnership with WWF-India, commenced
the Renewable Energy Demand Enhancement
54 PASCHEEM February 2019
(REDE) Initiative for Commercial and Industrial
(C&I) consumers. REDE aims to build an alliance
among corporate buyers of Renewable Energy (RE)
to increase commitment to RE procurement and
catalyse solutions to address challenges that are
significantly restricting RE demand.
The objective of the Corporate Renewable Energy
Buyer’s Day was to discuss the business case,
approaches, barriers and collaborative solutions
to corporate renewable energy procurement.
Many companies face a variety of shared policy
and regulatory, technical, economic and financial
enable the corporate sector, which consumes over
50% of the total power generated in the country,
to be fully aligned with India’s global commitment
to have 40% power from non-fossil fuel sources by
2030. The REDE Initiative is targeted to Commercial
& Industrial consumers who wish to adopt large-
scale RE for long-term financial benefits and to meet
their sustainable development goals.
Mr Praveen Agarwal, Vice Chairman, CII MP State Council
addressing the Delegates during the session
Vendor Development Programme for balancing and algorithms. Mr Nitin Kumar, Founder
MSEs with focus on SC/ST Entrepreneurs
25 January 2019, Indore
The Vendor Development Programme for MSEs
with focus on SC/ST Entrepreneurs was organised in
Indore on 25 January 2019. It aimed to put forth the
building a value chain with the MSEs under distinct
categories. It also facilitated B2B meetings between
the Procurement Heads of PSEs/OEMs and MSEs.
The programme strengthened the goal of PSEs of
reaching the 25% procurement mark, developing
a strong supply network for OEMs and generating
more business opportunities for MSEs. Mr Praveen
Agarwal, Vice Chairman, CII Madhya Pradesh State
Council, in his welcome remarks stated that CII has
undertaken many initiatives to help MSEs become
more competitive and enable them to transition from
good to great. More than 125 MSEs participated
in the programme and shared information on their
products as per the requirements specified by
PSEs during the presentation. The Government
e-Marketplace has also sensitised and registered
various MSEs on their portal to start showcasing
their products and services to Government and
Public Sector Enterprises.
B2B Meetings in progress at the Vendor Development Programme
in Indore
Training Programme on Line
Balancing & Cellular Manufacturing
23 January 2019, Indore
The one-day Training Programme on Line Balancing
& Cellular Manufacturing covered topics on line
& Director, Tetrahedron Manufacturing Services,
New Delhi, was the speaker at the programme.
The programme was beneficial to participants as
they were apprised on the advantages of cycle time
reduction, higher productivity and improved machine
utilization, even distribution of work on different
stations of line, meeting customers demand and
reduction in material handling time.
At the Training Programme in Indore
CII Corporate Cricket League 2019
21-26 January 2019, Bhopal
The Corporate Cricket League was held at LNCT
Group of Institutions, Raisen Road. Each day saw
six back-to-back matches in both corporate and yuva
categories. In the finals, SECT College played against
RNT University and CBC took on Permali Wallace
Group. SECT College emerged winners in the Yi
Bhopal Yuva category and CBC emerged winners in
the corporate category. The league truly displayed
sportsmanship and gave the players an opportunity
to shine and learn to be team players.
Winner of CII Corporate Cricket League 2019
www.mycii.in
• B2B Opportunities - provides updates on
target sectors in India as well as abroad
• Global Tender Info - list of bidding opportunities
across the globe pertaining to the products
and services of your interest
• Government Notification - apprises on the
latest notifications on the state and central
government updates and helps industries
understand the recent developments and
amendments in the impacting policies and
guidelines
• Policy Tracker - enables users to download
the policies framed by the government and
acts as a catalyst to set out clear rules and
expectations for the delivery of services
• Knowledge Resources – reports, newsletters,
publications, presentations and webinars
• Online Communities - vital source of
information in the ongoing sector specific
discussions
February 2019 PASCHEEM 55
 MAHARASHTRA
Job Fair
5 January 2019, Aurangabad
Under the leadership of Mr Subash Desai, Hon'ble
Industry Minister of Maharashtra, Ministry of Labour
and Employment & Udyog Mantralaya Maharashtra
organised a job fair at Aurangabad. MIDC, DIC and
CII Model Career Centre supported this job fair. The
objective of the job fair was to reach out to the youth
through workshops, portals, job fairs and guide the
youth as per their aptitude and potential about the
training and job opportunities, and to connect job-
seekers to job-providers. Hon'ble Industry Minister
was present for the Inaugural Session. Around
7500 students registered for job fair. 6000 students
attended the job fair, 1300 students received the
letter of Intent. 95 companies registered as a
recruiters from all over Maharashtra.
Hon’ble Industry Minister Mr Subhash Desai addressing the
participants of the job fair in Aurangabad
Green Conclave 2018
6 December 2018, Pune
The 5th Edition of Green Conclave 2018 was
organised in Pune and it highlighted sustainable
practices with integrated waste management for
a smart and a sustainable city. Best practices of
leading companies were showcased that educated
participants on ways to conserve fuel, energy and
water.
Some of the key dignitaries present at the conclave
included Mr Viren Joshi, Chairman, CII Pune Zonal
Council and Chief Executive Officer & President,
Sigma Electric Manufacturing Corporation Pvt
Ltd, Mr Raman Nanda, Conclave Chairman and
56 PASCHEEM February 2019
Convenor, CII Pune Energy, Environment and
Sustainability Panel, and Country Head, Gestamp
Automotive India Pvt Ltd, Dr Aniruddha Agnihotri,
Chairman, CII Western Region SHE Excellence
and Innovation Award Committee and Head - EHS,
TCS, Mr Shrikant Bapat, Vice Chairman, CII Pune
Zonal Council and Country General Manager &
Managing Director, Johnson Controls (India) Pvt
Ltd, Mr Dilip K Gawade, Additional Commissioner,
Pimpri Chinchwad Municipal Corporation, Ms Meher
Pudumjee, Chairperson, Thermax Limited and Mr J P
Shroff, Chairman, IGBC Pune Chapter, CII - Sohrabji
Godrej Green Business Centre.
Green Conclave 2018 in progress in Pune
M-Tech 2018
7 December 2018, Pune
M-Tech 2018 aimed to connect promising start-ups
in manufacturing technology and related sectors,
thus providing them with the opportunity to
understand the requirement of corporates in terms
of engagement.
The speakers at the session included Ms Pratima
Kirloskar, Chairperson, CII Western Region Sub-
committee on FBN and President - Innovation
Society, Kirloskar Brothers Ltd, Mr Indraneel Chitale,
Partner, Chitale Bandhu, Mr Viren Joshi, Chairman,
CII Pune Zonal Council and Chief Executive
Officer & President, Sigma Electric Manufacturing
Corporation Pvt Ltd, Mr Ashank Desai, Chairman,
CII Western Region, Sub-committee on Start-ups
and Entrepreneurship and Founder, Mastek Ltd,
Dr Ravi Kulkarni, Convenor, CII Entrepreneurship
Panel and Managing Director, Elkay Chemicals and
Mr Harshvardhan Gune, Head - Strategic Product
Division for Railways and Defence, Worldwide
Oilfield Pvt Ltd.
Dignitaries on the dais, in Pune
Conference on Corporate Frauds and of the plant in manufacturing and the supportive
Forensic Accounting
18 December 2018, Mumbai
The objective of the Corporate Frauds and Forensic
Accounting conference was to initiate a dialogue on
corporate fraud and forensic accounting. Mr Robin
Banerjee, Convenor, CII Maharashtra State Panel
on Finance and Taxation and Managing Director,
Caprihans India Limited, Mr Nikhil Bedi, Partner and
Leader – Forensic, Financial Advisory, Deloitte India
and Mr Balsing Rajput, Superintendent of Police,
Cyber, Mumbai, were some of the key speakers
at the conference. The conference aimed to create
awareness about the different frauds committed in
the corporate world and also an introduction about
forensic accounting and methods and applications of
forensic accounting.
Speakers at the Conference on Corporate Frauds and Forensic
Accounting in Mumbai
Manufacturing Excellence of KOEL -
Visit to Kirloskar Oil Engines Ltd,
Kagal Plant
5 December 2018, Kolhapur
The visit to the plant provided participants with the
opportunity to learn the latest tools and techniques
in manufacturing excellence, loss elimination/
reduction, training process, 5S, quality circle, kaizen,
supply chain management and automation. A
presentation was shared, covering the best practices
structure of the organization. Delegates also visited
the GURUKUL training centre.
The delegation at Kirloskar Oil Engines Ltd in Kolhapur
SHE Excellence and Innovation
Award 2018
7 December 2018, Pune
The 13th SHE Excellence and Innovation Award
aimed to showcase effective strategies and systems
for reducing injuries and accidents, thus helping
corporates to put them in place thereby taking the
importance of safety to new heights. Participating
companies from the manufacturing and services
sector were selected and the final winners were
Deccan Fine Chemicals (India) Pvt Ltd and L&T STEC
JV, Mumbai Metro Underground Project.
At the SHE Excellence and Innovation Award 2018 in Pune
February 2019 PASCHEEM 57
 3rd Edition of Conference on Energy Defence Industry Stakeholders
Management for Sustainability
20 November 2018, Nashik
With the objective to disseminate information on the
Indian energy scenario, the Conference on Energy
Management for Sustainability expounded on
opportunities available to improve energy efficiency
and gaining a competitive edge in the sector.
Speakers at the session were Mr Norbert Desouza,
Panel Convener- Energy & Sustainability Panel,
CII North Maharashtra Zonal Council and General
Manager, Mahindra & Mahindra Ltd, Mr Sunil Bapat,
Chairman, CII North Maharashtra Zonal Council and
Plant Head, KSB Pumps Ltd, Mr Umesh Joshi, Co-
Convenor, Maharashtra Western Region Energy
& Environment Committee and Head - M&M
Sustainability and Mr Nilesh Salgaonkar, Co-Founder
& Director, Teknocrat’s Group.
2nd Edition of Corporate Cricket Cup
T10
22&23 December 2018, Mumbai
The Corporate Cricket Cup T10 witnessed
enthusiastic participation from members and raised
awareness on the importance of fitness in the
corporate world. Standard Chartered Bank won the
tournament while Siemens Ltd was the runner-up. It
was a great initiative by an industry body to promote
sports and fitness, said Mr Yajuvendra Singh Bilkha,
Former Indian Test Cricketere.
Winners of the Corporate Cricket Cup T10 in Mumbai
58 PASCHEEM February 2019
Study Mission on Showcasing HR
Best Practices
19-20 December 2018, Pune
The two-day study mission comprised of visits
to selected organisations having enormous
achievements through world class HR and IR
practices. The presentations made, focused
on key practices of productivity enhancement,
talent development across value chain, diversity,
automation, data analytics, safety, structure,
excellence model, return on investment, HR &
operations correlation, paperless/ technology based
HR, etc. Bridgestone India Pvt Ltd, Gabriel India Ltd
and Cummins India Ltd were the companies visited.
Participants at Bridgestone India Pvt Ltd in Pune
IP Awake: Awareness Session on seminar.
Intellectual Property Rights (IPR)
13 December 2018, Pune
The Awareness Session on Intellectual Property
Rights created awareness on IPRs, patents and
trademarks which benefitted the large, medium and
small scale industry in understanding development
of new product and process. Dr Mohan Dewan,
Advocate, Patent & Trademark Attorney, Principal, R
K Dewan & Co, addressed the session. Discussions
on importance of an IP cell in a company, IP search
engines, IP enforcement, etc took place at the
session.
At the IP Awake session in Pune
Inaugural Session (Batch-2)
Seminar and Valedictory Session (Batch 1st)
17 Jan 2019, Nashik of CII ‘Changing Gears Initiative’
in association with Sigma Electric - DY
Patil Institute
A seminar on Defence Industry Stakeholders 22 January 2019, Pune
was organised in Nashik on 17 January 2019 in
association with the Ministry of Defence (MoD),
Society of Indian Defence Manufacturers (SIDM)
The second batch of the CII ‘Changing Gears
and Hindustan Aeronautics Ltd. (HAL). The aim was
Initiative’ for DY Patil Institute organised in
to bring together key stakeholders like Government
association with Sigma Electric was inaugurated on
officials, senior representatives of the three Services,
22 January 2019. The programme which based on
DRDO, Defence PSUs, and private Industry, to
the CII-Symbiosis Finishing School model seeks to
deliberate on opportunities in capital, sustenance
bridge the gaps between the academia and industry
and indigenisation requirements of the Indian Armed
and also enhance employability of engineering
Forces and galvanise business engagements.
students. It focusses on students from vernacular
Various eminent speakers from PSUs and industry
medium, rural backgrounds, economically & socially
shared their insights on best practices as well as
disadvantaged and imparts training in soft skills,
opportunities in defence procurement process. The
grooming, personality development, introduction to
Hon'ble Raksha Rajya Mantri, Dr Subhash Ramrao
corporate culture in addition to communication skills.
Bhamre in his inaugural address announced that
a Defence Innovation Hub will be set up in Ojhar, This program is being run at the institute premises
Nashik in the premises Hindustan Aeronautics Ltd wherein 100 students have been shortlisted based
(HAL). Products for indigenisation were displayed at on a test and 10 buddies have been assigned to help
the exhibition by PSU's and organisations like DRDO, them. Industry Volunteers from Sigma Electric will be
HAL, Mishra Dhatu Nigam, Larsen and Toubro, conducting 15-16 sessions at the institute premises.
Bharat Forge Ltd, The Bhor Chemical Factory etc. The Valedictory session for the first batch was held
About 500 participants across India attended the on the same day. About 100 students benefitted
from this program and were awarded certificates.
Mr Kirankumar Acharya, Executive, Vice President,
Sigma Electric Manufacturing Corporation Ltd; Ms
Ketki Joshi, Manager, Sigma Electric Manufacturing
CEO Forum Launch
Corporation Ltd. and Dr Suresh Mali, Principal, Dr DY
On 8 January 2019, Patil Institute of Technology were among the key
dignitaries that attended the session.
The CEO Forum was launched in Pune to create
an exclusive CEO group platform with the aim
of networking, learning and sharing experiences;
thereby enabling the twin objectives of personal
and organizational growth. Dr Naushad Forbes, Past
President, CII and Co-Chairman, Forbes Marshall
Pvt Ltd delivered an address at the launch. The
future of the Indian industry in the global context
Participants at the inauguration of Changing Gears initiative in
was discussed where the focus was on the need Pune
to invest in R&D and technology to remain globally
competent.
CEOs with Dr Naushad Forbes at the CEO Forum Launch in Pune
February 2019 PASCHEEM 59

Inaugural session of 8th batch of CII Gears’ initiative in association Vice President and Head - Corporate Strategy, TATA
“Garnishing Talent” initiative in with Forbes Marshall-AISSMS's AutoComp Systems Limited. The aim of initiative
association with EATON
3 January 2019, Pune
The 8th batch of CII “Garnishing Talent” initiative
organised in association with Eaton was inaugurated
on 3 January 2019. This initiative has been providing
a solid platform to women engineering students from
vernacular, semi-vernacular and rural background
to acquire appropriate soft and social skills that
are critical to achieve individual and professional
success. The session was attended by 100 plus
students from Cummins College of Engineering for
Women.
Inaugural Session of CII ‘Changing AutoComp Systems Limited and Mr Sudipta Marjit,
Institute of Technology
25 January 2019, Pune
The Inaugural Session (Batch-2) of CII ‘Changing
Gears Initiative’ in association with Forbes Marshall-
AISSMS's Institute of Technology was held on 25
January 2019 at AISSMS's Institute of Technology.
The objective of this initiative is to enhance
employability of students by helping them hone
skills & preparing them to face interviews. Industry
Volunteers from Forbes Marshall will be conducting
15-16 sessions at the institute premises as part of
this initiative.
Mastering Advanced Concepts in MS
Excel
17-18 January 2019, Pune is to provide soft skills coaching to the semi-final
and final year students belonging to sectors of
engineering, law, MBA, etc.
The workshop was designed to have a completely
hands-on approach on advanced Excel concepts.
Participants practiced each concept and programming
structures where the user form design and project
helped them in understand excel programming with
assignments, assessment tests, code challenges,
quizzes and exercises.
The inaugural session in progress in Pune

The session opened with an address by Mr Ashutosh
Muchrikar, Dean, Student Affairs & Assistant
Professor-Dept. of Computer Engineering, Cummins
College who shared an anecdote from the life of Ms
Naina Lal Kidwai, Country Head and Group General
Manager, HSBC India, an impactful woman leader
and inspired the students to develop their skills by
attending Garnishing Talent sessions. Ms Niti Misra
Tiwari, Manager, Eaton University - South Asia,
Effectiveness and Talent Analytics at Eaton spoke
with the students about the importance of three
aspects – Choice, Capacity and Confidence; that
help an individual to be successful in any career path.
She emphasized on the importance of expression of
thoughts and advised the students to make the most
of these sessions.
Ms Sonali Pawar, a participant from the previous
season of GT shared her experience of how the
program helped her to forgo her fear of speaking
publicly. She also encouraged the students to “listen
to learn and learn to listen” during the sessions.
Inaugural Session in progress in Pune
Prof ND Gaikwad, Training & Placement Officer, Dr
DS Shedge, HoD, Electronics Department, and Dr
Pradeep Mane, Principal of AISSMS’s Institute of
Information Technology along with Ms Priti Kibe,
Section Manager – CSR, Forbes Marshall Pvt. Ltd,
Mr Atul Patil, Professor, College of Engineering Pune
and Ms Vaijayanti Kherdekar from Career Tool Box
were the key speakers at the inaugural session.
Students from the earlier batch shared their feedback
with the students of the 2nd batch and motivated
them to attend all sessions. Ms Kibe informed
the students that a team of HR representatives
from their organisation will be conducting mock
interviews for their benefit. Additionally, a session on
emotional intelligence and social media at work will
also be conducted by Forbes Marshall volunteers,
she added.
Inauguration of Changing Gears Session in Pune
The Excel workshop in progress in Pune
Inaugural Session of 39th Batch and webinars framed by the in-house experts and
of CII Finishing School in association various knowledge partners during various flagship
with Symbiosis
19 January 2019, Pune
CII Finishing School in association with Symbiosis,
a component of Affirmative Action of CII, aims to
bridge the gap between academics and industry
requirements through the course provided, thereby
enhancing the employability of undergraduate/
post-graduate students of the SC/ ST category. The
inaugural session was organised with the objective
to acquaint students with the joint initiative by CII
and Symbiosis towards enhancing competitiveness
of students who are ready to enter the work culture.
Mr Abhishek Jain, Convenor, CII Pune Affirmative
Action & CSR Panel and Senior Manager – Outreach
CSR, Cognizant addressed the session. Other
speakers present were Mr Shirish Sahasrabudhe,
Director, ELTIS-SIFL, Mr Kanchan Kumar Biswas,
General Manager - Human Resources, TATA
Knowledge Resources on mycii.in
Knowledge Resources on the mycii.in web portal
is a feature which enables users to access and
download a repository of resources in the form of
reports, newsletters, publications, presentations
events of CII. The storehouse of resources is highly
customizable based on individual preferences and
are highly customizable based on your preferences
• Global Tender Alert (daily) - real time and
exhaustive information on the latest business
opportunities from across the globe
• The Week Gone By (weekly) - updated
microeconomic data; recently announced
government policies; investments trackers
from central and state governments, PSUs and
private sectors including MNCs; government
notifications; schemes for MSMEs; reports
and publications; and list of activities held and
forthcoming events of CII
• CII Economy & Industry News (Daily) - daily
news updates related to the economy
• CII Alert (Customised) - customizes information
pertaining to sectors of interest, locations and
content type

60 PASCHEEM February 2019 February 2019 PASCHEEM 61


Young Indians
Interactive Session with Mr OP
Rawat, Chief Election Commissioner
of India
19 November 2018, Bhopal
CII, Yi along with Rajiv Gandhi Proudyogiki
Vishwavidyalaya (RGPV) organised an Interactive
Session with Mr OP Rawat, Chief Election
Commissioner of India. The theme of the session was
‘Perception Vs Reality- Power of Elections in Nation
Building & Democracy’. Mr Sudam Khade, Collector,
Bhopal & District Election Officer, Mr Rajesh Khare,
Chairman, CII Madhya Pradesh, Mr Saurabh Sharma,
Chair, Yi Bhopal, Mr Apoorve Malviya, Co-Chair, Yi
Bhopal, Mr Sunil Kumar, Vice-Chancellor, RGPV and
Mr SK Jain, Registrar, RGPV were also present. The
session was attended by people from corporate,
academia and society.
Keynote address was delivered by Mr. OP Rawat. He
shared his experiences and views on elections and
its procedures. He said Indian elections are one of
the best across world as India is a demographically
versatile country and involving all the groups and
executing elections with such a vast and varied
group is a challenge. He urged all to vote as it is our
right and duty as well.
Mr OP Rawat, Chief Election Commissioner of India addressing at
the session in Bhopal
62 PASCHEEM February 2019
Project Sabla
07 December 2018, Bhopal
Ms Richa Sharma, Chair-Project Sabla, Yi Bhopal
Chapter visited the Central Jail and distributed 250
sanitary napkins to the women prisoners. The sanitary
napkins were handed over to Dr Premendra Sharma,
In-charge Medical Officer, Central Jail, Bhopal. Ms
Sharma also interacted with the jail staff and went
around the premises to understand the needs of the
inmates. Currently, there are 10 children who stay
with their mothers inside the jail. To ensure their
comfort during the winters, Yi is initiating a clothes
donation drive.
Ms Richa Sharma, Chair-Project Sabla, Yi Bhopal Chapter handing
over sanitary napkins to Dr Premendra Sharma, In-charge Medical
Officer, Central Jail, Bhopal
Gift An Organ
07-09 December 2018, Bhopal
Mr Pramod Laxman Mahajan, a veteran aged 67
years is riding with a message - 'Be An Organ Donor'.
Yi hosted and helped him reach out to over 1,200
people directly through Yi's Gift An Organ (GAO)
initiative. His aim is to travel 10,000 km on a bike for
spreading awareness on organ donation. An organ
donor himself, his visit to Bhopal was a success to
spread out the word on organ donation. Mr Prakhar
Tiwari, Chair, GAO- Yi Bhopal, Mr Ashish Patel, Co-
Chair, GAO- Yi Bhopal and Mr Rakesh Sukhramani,
National Chair, GAO, were present at this interaction.
Attendees pledged their organs and informed that
they will spread further awareness.
Mr Pramod Mahajan with Mr Rakesh Sukhramani, National Chair,
GAO
Visioning for Yi Session with Mr
Rahul Mirchandani
06 December 2018, Mumbai
Visioning for Young Indians Session with Mr Rahul
Mirchandani, Past Chairman, Yi and Director, Aries
Agro was organised to discuss on the activities
and vision of Yi. Yi members and Yuva students
participated in this session. Aspirations for Young
Indians were discussed with reality check on
the current state of Yi and actions to be taken to
achieve the vision of Yi. Inputs from Yi members and
Yuva students were taken to identify the areas of
improvement for Yi.
Yi members at the Visioning for Yi Session at Mumbai
Negotiations Workshop
08 December 2018, Pune
Yi organized a Negotiations Workshop at Flames
University, Pune. The session was conducted by Dr
Dishan Kamdar, Former Deputy Dean - Academic
Programs, Indian School of Business. The session
included practical case studies and negotiation skill
development which are useful in professional life. Yi
members and Yuva students attended the session.
2nd Edition of Women at the Wheel
08 December 2018, Vadodara
Yi jointly with Vadodara International Marathon
organized the 2nd Edition of Women at the Wheel.
Women participants rallied across the city with
decorated cars on innovative social themes revolving
around Yi initiatives like Gift An Organ, Women
Empowerment, Recycle Reduce Reuse, Masoom
and Road Safety. The purpose of the rally was to
break the myth about safety of women driving in
the night and also to celebrate the true spirit that
represents confident, independent, and enterprising
women with a penchant for social causes. The 11
kilometre rally witnessed 30 cars, 200 women from
all walks of life participating by decorating their cars
on the social theme of Young Indians.
Participants at 2nd Edition of Women at the Wheel in Vadodara
Session on Menstrual Hygiene &
Nutrition followed by one to one
diagnosis
13 December 2018, Vadodara
Yi under the vertical Rural Initiative in association
with Seal for Life India Pvt. Ltd. & Cosmo Foundation
organized a session on Menstrual Hygiene &
Nutrition followed by diagnosis & discussion with 80
girls from Pujyashree Jasuba Swami Vidhya Mandir,
Methi Village, Karjan Taluka.
The objective of the session was on the importance
of following personal hygiene practices especially
during the menstrual periods. The session speaker Dr
February 2019 PASCHEEM 63

Sushma Dala mentioned that Unhygienic practices in
personal hygiene especially during menstrual periods
can result into severe health problems ranging from
internal allergies and infections to infertility. During
the interaction with girls, they mentioned the kind
of problems they face during periods and also the
kind of myths and practices that are prevalent in their
communities
Session in progress in Vadodara
Vadodara International Marathon
06 January 2019, Vadodara
Yi was invited to showcase its social projects in
Vadodara International Marathon 2019. Yi members
cheered 60,000 participants during the marathon.
Yi members also interacted with participants about
Gift An Organ. Around 50 Swacchta Mitra led the
Swacchta Run followed by Jawan Run and Divyang
Run which were flagged off later.
Visit to Lukshmi Vilas Palace
06 January 2019, Vadodara
Yi members organized a tour to Lukshmi Vilas
Palace in Vadodara. Members were informed about
interesting and unheard stories of the palace.
Session speaker Mr Sachin Kaluskar, Partner of
Infine Art Ventures LLP began with The Mosaic Art
work outside the palace which is about the story of
Ram and Sita, after her Agni Pariksha. He then took
Yi Members for a tour inside the palace and narrated
interesting stories and facts about Weaponry, the
Coronation Hall, Paintings of Raja Ravi Varma and
Durbar Hall.
64 PASCHEEM February 2019
Members at Lukshmi Vilas Palace, Vadodara
Project Masoom Session in Ampad -
Animated Film Screening on Child workshop focused on dealing with challenges in
Sexual Abuse and Sensitization
27 November 2018, Vadodara
Yi under the vertical Project Masoom in association
with Seal for Life India Pvt. Ltd. and Rotary Club
Vadodara organized an awareness session at Sevasi
Prathmik Shala School for grade 1-6 in Vadodara. The
objective of the session was to spread awareness
on Good Touch & Bad Touch for children between
the age group of 6-12 years. Yi also distributed
Good Touch & Bad Touch fridge Magnets & stickers
supported by Seal for Life India Pvt. Ltd.
Students after the Masoom session in Vadoddara
Awareness session on Gift An Organ
at Solefest 3.0
25 November 2018, Vadodara
Yi under the vertical Gift An Organ were invited by
Spandan Hospital to conduct an Organ Donation
awareness drive at Solefest 3.0 – Run for a Cause.
The Awareness drive saw participation of citizens
from all walks of life. Yi had a Gift An Organ canopy
where members of Yi interacted with participants to
urge them on Organ Donation and also distribute Yi
Organ head gears. Ms Shreyanshi Patel, Co- Chair,
Gift An Organ, Yi Vadodara also addressed the
participants about the importance of organ donation.
Indian Women Network
female leadership in manufacturing, construction
Workshop on Balancing Modern and engineering. She further said that FortCaps
Lifestyle with Meditation Healthcare is a great example of an industry being
8 December 2018, Aurangabad led by women.
The Balancing Modern Lifestyle with Meditation
an individual’s professional as well as personal life.
Techniques and solutions to handle competition and
stress along with balancing different relationships At the industrial visit in Bhopal
were communicated to the participants at the
workshop. It was informed to induce techniques to
sharpen skills in children too at an early age.
Session on Skin Care and Hair Fall
20 December 2018, Bhopal
Prevention of Sexual Harassment at
Workplace
The Session on Skin Care and Hair Fall conducted
14 December 2018, Goa
by Dr Akhilesh Agarwal, Dermatologist, apprised
participants on ways of preventing hair loss. The
session was followed by a makeover and makeup
The workshop on Prevention of Sexual Harassment workshop by Ms Smita Pradhan Bhalla, a professional
at Workplace (POSH Act) was organised and Ms makeup expert from Kensington Makeup Academy,
Ashu Thakur, IWN Maharashtra Steering Council Arizona, United States. Areas on health and wellness
Member, and Founder & Chief Executive Officer, were addressed.
Ashu Thakur & Associates, was the speaker of
the session. Cognizance on aspects of Sexual
Harassment Prevention Prohibition and Redressal;
and the role of an Internal Committee Member (IC)
at workplace to oversee the implementation of Anti
Sexual Harassment Policy, was provided.
At the session in Bhopal
Industrial visit to FortCaps
Healthcare Pvt Ltd
Campus to corporate: Preparing for
4 December 2018, Bhopal
"Real World"
19 November 2018, Bhopal
Members visited FortCaps Healthcare Pvt Ltd
and learned about the manufacturing processes
and automated technology involved in empty hard The workshop was organised for students of
capsules under controlled climatic conditions. Ms Women's Polytechnic College. IWN members
Ravisha Merchant, Chairwoman, IWN MP and Ms Sarika Chaturvedi, MD, Absolute Spa and Ms
Founder, Trivera Designs, stated about the lack of Shilpa Maleyvar, Director - Skill Development,
VLCC Institute, were the speakers at the session.
February 2019 PASCHEEM 65
 Forthcoming Events
Name of the Name of the
Date Place Date Place
Ms Ravisha Merchant, Chairwoman, IWN Madhya Programme/ Event Programme/ Event
Pradesh and Founder, Trivera Designs, spoke on the
significance of character traits to guarantee success. IWN Roundtable Interaction on
08 Feb 19 Mumbai 27 Feb 19 Buyer Seller Meet Bhopal
Gender Stereotyping

Southern Gujarat Zone Annual

08 Feb 19 Seminar on Cyber Security Indore Meeting 2019 and Conference
27 Feb 19 Surat
on “India@75 – The Role of Surat
The interactive session in progress in Indore
Special Standards Conclave “Moving Industries in Nation Building”
08-09 Feb
Forward with the INSS: Developing Mumbai
The session in progress in Bhopal 19 North Maharshtra Zonal Annual
a World Class Quality Ecosystem” 27 Feb 19 Nashik
Meeting
Session on Personal Branding Exclusive Interaction with Mr
Thomas Vajda, The Acting Principal
Laying a strong Aadhar: Stop 17 January 2019, Indore 11 Feb 19 Mumbai
Deputy Assistant Secretary for 01 Mar 19 Marathwada Annual Meeting Aurangabad
Labelling; Start Enabling South & Central Asia
27 November 2018, Bhopal One Day Workshop on GST –
The session on Personal Branding provided 12 Feb 19 Goa 01 Mar 19 Gujarat Annual Meeting Ahmedabad
Recent Changes
students  with information on marketing of one’s
self where Ms Moomal Sisodia, IWN Member Series on Vendor Development
A peer-to-peer learning session by members - Dr
and Director, NIPCD, was the speaker. Ms Sisodia 14 Feb 19 Programme for MSMEs with focus Aurangabad 05 Mar 19 Goa Annual Meeting Goa
Jagmeet Chawla, Director, Aadhar centre for child
briefed on aspects  of personal branding including on SC/ST Entrepreneurs
development and Ms Anupama Maheshwari, Career
core values, strengths, skills, credibility and tangible WR Corporate Governance
Counsellor and Life skills trainer, Aadhar centre for 14-15 Feb Study Mission to Goa on World
branding elements. Ms Nupur Singh, Chairwoman, Goa 06 Mar 19 Seminar on - The Evolving Ethics Mumbai
child development, was organised. Information 19 Class Manufacturing Practices
CII IWN Indore Chapter, Founder & Director and Environment
on Aadhar running an integrated pre-school
Head HR, Reinvent-On and LNCT World, spoke
education program for children with developmental
on the importance of communication in creating a 15 Feb 19 Supervisory Skill Competition Bhopal 07 Mar 19 Maharashtra Annual Meeting 2019 Mumbai
disabilities where children are regularly assessed for
favourable impression.
achievement of their goals, were discussed.
Workshop on “Building your
14th KAIZEN Competition -
18 Feb 19 Nashik 07-08 Mar companies Compensation and
Maharashtra State Level Pune
19 Benefit Strategy for Talent Attraction
Business Forum & CEO roundtable and Retention”
with The Hon’ble President of the
19 Feb 19 Mumbai IWN Women’s Day Celebration
Republic of Argentine, H.E Mr. 08 Mar 19 Mumbai
#BalanceforBetter
At the peer-to-peer learning session in Bhopal Mauricio Macri

21-22 Feb
Visit of U.S. Congressional Staffers Mumbai 09 Mar 19 Madhya Pradesh Annual Meeting Bhopal
19
Session on Appearance Management
for Creating Lasting Impression Central Gujarat Zonal Annual CII Corporate Healthcare Conclave
21 Feb 19 Vadodara 14 Mar 19 Pune
Meeting 2019 2019
04 January 2019, Indore
Western Gujarat Zonal Annual
23 Feb 19 Surat 14 Mar 19 MED Talks 2019 Pune
Meeting
The Appearance Management for Creating Lasting
Impression session was organised with the Food Safety and Regulatory
objective to inform participants on the importance 26 Feb 19 Pune Annual Meeting Pune 18 Mar 19 Measures: Meeting global food and Mumbai
of projecting a lasting impression professionally. Ms health challenges
Moomal Sisodia, IWN Member and Director, NIPCD, Future of the Ice-Cream Industry:
Image Consultant and Trainer, was the speaker 26 Feb 19 Dynamics, Technology, Innovations Mumbai 28 Mar 19 WR Annual Regional Meeting Ahmedabad
of the session. Ms Nupur Singh, Chairwoman, CII and Scope for Growth
IWN Indore Chapter, Founder & Director and Head
HR, Reinvent-On and LNCT World, spoke on the 26 Feb 19 Programme on Innovation Aurangabad 03 Apr 19 CII CSR Conclave Mumbai
challenges of creating a favourable impression
and further stated the significance of woman
empowerment. 12 Apr 19 1st KAIZEN Competition Goa

66 PASCHEEM February 2019 February 2019 PASCHEEM 67

Endress+Hauser
M-171-176/ 192, MIDC,
Waluj, Aurangabad – 431136.
Tel: - +91 240 2563800/2563600
Fax: - +91 240 2563900

68 PASCHEEM February 2019

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