Professional Documents
Culture Documents
Introduction to FICCI
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Role of FICCI in Indian Export
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Role of FICCI in Indian Export
Background:
1. Growth so far has been primarily private investment led.
3. However the many months of tight monetary policy and its consequent
effect on drying up domestic liquidity had forced Indian companies to look
externally for financing. This forced and increased International exposure
has seriously compromised the Indian industry because of turmoil in the
International Financial Markets and the rapid devaluation of the Indian
Rupee. In addition the risk aversion that has suddenly crept into the
Domestic banking sector on account of the International Banking crisis have
created a situation of deep concern and threat for the real economy and all
the players in it.
4. While the steps of Liquidity infusion, Rate cuts and opening up ECBs are
all welcome steps and aimed at restoring liquidity from markets - and had
been suggested by FICCI a few months ago (anticipating a slowdown), these
are not enough in the current circumstances and global scenario. As a
matter of fact, the ECB opening up is a case of bolting the stable door after
the horse has left.
5. The reasons to take deeper and more meaningful measures is simple, India
is in the middle of a significant investment and expansion cycle – where
businesses need access to capital (Equity and credit). Disruption of this
expansion cycle mid-stream will have serious consequences to the real
economy – Serious, deep and systemic – which will come back and haunt us
a few years down the road.
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Role of FICCI in Indian Export
ii. Risk Aversion and Credit flows to small and medium sector as well as
large projects, (Issues of crowding out by the Public sector and Subsidy bills,
a. Banks must completely deliver on all sanctioned loan limits to
corporate.
b. Crowding out of Private sector from credit markets should not
happen with liquidity being used for fertilizer and petroleum subsidies.
iii. Recapitalize Banks – give them the Rs.50,000 crore on agricultural loans
immediately.
v. Bring the focus back on FDI and attract sovereign funds (SWFs).
a. Government to lift foreign investment restrictions and review caps
in sectors like insurance, telecom, multi-product retail and aviation
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Role of FICCI in Indian Export
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Role of FICCI in Indian Export
Role/Functions of FICCI
Collection of Information
It collects valuable information on overseas imports, import
regulations, about competitors, market potential and other
developments in foreign trade.
Supplying Information
It provide information on latest developments in the field of export
trade. It may relate to various aspects of foreign trade. Such
information is vital to the exporters to promote their sales abroad.
Organising Seminars
It organises seminars, workshops, discussions, meetings, conferences
on various aspects of foreign trade. Exporters are invited to such
seminars and workshops.
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Professional Advice
It may offer professional advice to exporters in areas such as
technology upgradation , quality and design improvement, standards
and specifications, product development, innovation, etc. Such advice
goes a long way to improve product and organisational efficiency of
the exporters.
Other Functions
It may fix minimum floor price or may advise the government in such
fixation of floor price.
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Role of FICCI in Indian Export
Sectors
Agriculture Infrastructure
Banking & Financial Insurance & Pensions
Institutions Luxury Goods
Biotechnology Logistics
Brand Protection Manufacturing
Capital Market Non-conventional Energy
Chemicals Pharmaceuticals
Corporate Laws & GovernancePower
Defence Real Estate
E-Business Resource Conservation &
Education Management Group
Electronics Hardware Retail
Entertainment Rural Development
Environment Small and Medium Enterprises
Food Processing (SME)
Foreign Trade Sports
Gems and Jewellery Taxation
Health Telecom
HRD Tourism
Hydrocarbons Urban Development
Information Technology Water Resources
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Role of FICCI in Indian Export
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Industrial Growth:
The recent data on industrial production for July
2008 shows an improvement in the industrial
growth over the previous months. The industrial
growth was found to gradually pick up in July 2008-
09 compared to the growth posted in the previous
months of this year. However the growth during the
four - month period (April- July) of the current fiscal
remains much lower than the growth numbers
recorded in the corresponding months of the last
fiscal. During the April- July period of 2008-09
growth in the manufacturing and electricity sector
accelerated compared to the growth registered in the
previous months of this year. However the growth
performance remains weak when compared to the
growth of last fiscal. The increase in production was
witnessed only in the mining sector surpassing the
growth posted in the previous year.
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Inflation Trends :
The average WPI based inflation calculated for the
month of August 2008 continues to reign above
12.5%. Inflation rose from an average of 12.2% in July
to 12.5% in August this year. In the week ending 13th
September 2008 the WPI based inflation stood at
12.14%. During this time last year the annual rate of
inflation stood at 3.51%. The sharp difference in the
rate of inflation between now and last year has been
mainly on account of a sharp rise in the price index
of fuel and some manufactured items. Measures to
curb the rising food articles and other manufactured
commodity prices have been put in place, however
these only showed a marginal impact on the rising
price index. The fall in fuel prices from its peak USD
147 /barrel to below USD 100/barrel is yet to be
captured in the recent price index.
Foreign Trade:
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Manufacturing Hub
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Brief profile
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Core Competence
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Executive Committee
Intellectual Capital
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Global Connectivities
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Allied Organizations
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Forum of Parliamentarians
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Think Tank
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Structure
World-Class Infrastructure
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In keeping with our dialogue with partner countries FICCI signed an MOU
with Comite Colbert on 1st June 2006 to promote dialogue and creativity
between Indian and French brands in 2006. To further this endeavor, The
first meeting is going to be in Paris on October 1st for FICCI LIFESTYLE
FORUM-COMITE COLBERT Roundtable- a joint Indo-French endeavor for
the Indian Lifestyle Industry.
The half day programme and delegation will be led by Mr. Ness Wadia as
Chairman and Mr. Mehul Chowksi Co-chairman of Ficci Lifestyle Forum on
1st October, 2008. Hon'ble Minister of Commerce and Industry Shri Kamal
Nath has agreed to preside over the meeting and deliver keynote address.
This is a rare opportunity to create dialogue, develop synergies and
exchange best practices with French Luxury Brands.
An Overview
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Role of FICCI in Indian Export
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Role of FICCI in Indian Export
Lean Manufacturing
Lean Service
Six Sigma Black/Green Belt (CSSBB/CSSGB)
Lean Six Sigma Black/Green Belt
Lean Six Sigma-Champions training
Lean Six Sigma-Executive training
Certified Manager of Quality & Organizational
Excellence (CMQ/OE)
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Role of FICCI in Indian Export
Federation of Indian
Chambers of
Commerce and Industry
ATA Carnet Application Form To be
completed by Carnet holder
& Undertaking
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Role of FICCI in Indian Export
…………………………………………………………………………………………
……………………………………
……………………………………..Telephone No. …………………………
Fax / E-Mail………………………….
Apply for a Carnet in the name(s) of (give name(s) of
accredited persons(s) who will use the Carnet)
…………………………………………………………………………………………
…………………………………………………………………………………………
………………………………………………………………… for use in the
following countries (please indicate the number of VISITS
being made to each country and those countries being
crossed in TRANSIT).
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Role of FICCI in Indian Export
UNDERTAKING
I, the
undersigned……………………………………………….
.…………………….
of……………………………………….. (name of the
authorized person & name of the firm)
attach the list of goods to be entered in the
Carnet and undertake to repatriate the
goods in question. Further that the goods
will be re-exported from any country into
which they have been temporarily imported
within such period as stipulated by any
customs.
If the goods are not re-exported, for
whatever reason(s), within such period, I
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Role of FICCI in Indian Export
I enclose
1. Bank Draft / Cash for
Rs……………………….in payment of the Issuing
fee.
2. Security Deposit in the form of
Draft / Cash / Guarantee for Rs……………….
from the following Bank or Insurance
Company ……………………………………………………
(name & address of the bank)
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Role of FICCI in Indian Export
Date……………..
Signed………………………………
For and on behalf of _____(Name of the firm)
Director, Secretary, Proprietor, Partner or
duly authorized person
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