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FOREIGN TRADE . EXPORTS . IMPORTS
ww
w.thedollarbusiness.com
Vol.2 Issue 10 October 2015
100 $2 RNI: APENG/2014/54643
www.thedollarbusiness.com Vol.2 Issue 10 October 2015 100 $2
A YEAR AFTER THE AMBITIOUS ‘MAKE IN INDIA’ CAMPAIGN WAS LAUNCHED, THE DOLLAR BUSINESS DOES A REALITY CHECK ON ITS IMPACT ON VARIOUS
ELEMENTS OF THE VAST INDIAN MANUFACTURING LANDSCAPE
GherkinsCool fruit, cooler gains
The secret and science behind exports of this lucrative preserved food item
ChickpeasCapitalising on tradition
Given the demand-supply gap in India, importing it makes total business sense
WarehousingChanging gears
How warehouses in India are increasingly becoming sophisticated
KEVIN FLYNNPresident & Managing Director,
Fiat Chrysler IndiaGUILLAUME SICARD
President, Nissan India
MANISH SHARMAManaging Director,
Panasonic India & South AsiaBURAK AKCAPAR
Ambassador to India, The Republic of Turkey
DR. B. R. GAIKWADChairman, Chemexcil
...AND MORE!
EXCLUSIVE INSIDE
YET TO MAKE IN INDIA?
8 THE DOLLAR BUSINESS II OCTOBER 2015
Volume: 2 Issue: 10 October 2015
www.thedollarbusiness.com
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COVER STORY 30
IT HAS BEEN A YEAR SINCE ‘MAKE IN INDIA’ WAS ANNOUNCED – A PLAN THAT WAS MEANT TO TRANSFORM
INDIA’S MANUFACTURING LANDSCAPE. HAS THE CAMPAIGN
DELIVERED ON ITS PROMISES? THE DOLLAR BUSINESS ANALYSES
President (VMPL) : Steven Philip Warner& Editor-in-Chief
EDITORIAL & RESEARCHEditor : Manish K. PandeyExecutive Editors : Indranil Das, Shakti Shankar PatraSenior Editor : Satyapal MenonSenior Editor (Online) : Himanshu VatsaSenior Assistant Editors : Sisir Kumar Pradhan, Shivani (Vig) KapoorAssistant Editor : Neha DewanAssistant Editor (Online) : D. Sai NikeshPrincipal Correspondent : Vanita Peter D'souzaCorrespondents : Deepak Kumar, Aadhira Anandh M.
EDITORIAL CONSULTING BOARDFounder & Editor : Anil GoyalPublisher : Avnish GoyalChief Consulting Editor : Dr. A. K. SenguptaEditorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA)
BRAND ACTIVATION & RESPONSEVice-President : Aninda MondalAssociate Vice-President : Dharmendra JaiswalSenior Manager : Saroj Roy
INTERNATIONAL REPRESENTATIVESSeoul (South Korea) : Justin Yoon (+82-2-6241-4256)London (UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHYArt Director : Sujesh Kumar G.Designer : Gopal Ganesh ReddyPhotographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINESr. Web Developer : P. Surendra BabuWeb Developer : K. Naveen SEO Specialist : Alimoddin M., Praveen KukunaparaAsst. Mgr. (Data & Metrics) : C. Dileep ReddyAssociates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTIONGeneral Manager : S. S. SudeshManager - Subscription : M. Vinay Kumar Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey, Rajneesh LaroiyaSenior Executive : K. Chandra PrakashAssociate - Outreach : T. Swapna
HR, FINANCE & LOGISTICSSr. Manager – HR : Rasanpreet KaurManager – Admin : Deepa Pandey Manager – Accounts : Parchuri JhansiAsst. Manager : Helen MaryAssociate : Raj Jarikote
PRINTERKala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
PUBLISHED AT5-2-198/4, Distillery Road, Ranigunj, Secunderabad,Telangana 500003, IN
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© Copyright 2014No part of this magazine may be reproduced in whole or in part without an ex-pressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printed at: Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Roads, Musheerabad, Hyderabad - 500 020, Telangana.
YET TOMAKE
IN INDIA?
OCTOBER 2015 II THE DOLLAR BUSINESS 9
BURAK AKÇAPAR Ambassador to India, The Repulic of Turkey speaks about what India-EU FTA means for Turkey and how his country’s trade chords with India can be tuned for mutual benefit in foreign trade
26
KEVIN FLYNNPresident & MD, Fiat Chrysler India talks about his company’s strategy to boost sales and plans with their SUV brand Jeep
GUILLAUME SICARDPresident, Nissan India thinks the momentum and focus of the ‘Make in India’ campaign is rather encouraging!
DR. B. R. GAIKWADChairman, Chemexcil, feels more action is required on ground to generate growth in the chemical sector
68
37 57
MONOLOGUE PEOPLE SPEAKArvind Saxena reveals GM India’s export plans; Fischer expects US inflation to head higher
GLOBAL TRADE THIS MONTHFrom banning exports of donkeys & monkeys; from seafood exports of Japan to ivory ban and more
INDIA TRADE THIS MONTHTemporary respite for domestic steel makers, Gujarat tops ease of doing business list and a lot more
SPOTLIGHTMAGHREBAn oil-rich cluster of five nations in Africa that prefers importing cars over food, and has much to prove
IMPORT’ONOMICSCHICKPEASImporting this agri product makes sense given the lack of supply from domestic farms
SECRET INGREDIENTGHERKINSThis cool fruit offers cooler gains to those looking to diversify in exports of processed food products
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INFOGRAPHICSBOOKS & NEWSPAPERSThe pen is mightier than the sword. In foreign trade, we could say, the book is mightier than the sword!
PRIME FOCUSWAREHOUSINGHow is this dynamic industry changing gears to support the growth of Indian economy?
TDB FORUMQuestions about foreign trade that hit our mail box in September and of course, their answers
DATEBOOKSome trade shows and fairs you shouldn’t miss out in India and abroad in October and November
30 THE DOLLAR BUSINESS II OCTOBER 2015
COVER STORY MAKE IN INDIA
OCTOBER 2015 II THE DOLLAR BUSINESS 31
YET TO MAKE
IN INDIA?
It has been a year since Prime Minister Narendra Modi launched the 'Make in India' programme that promised to transform India into a global design and manufacturing hub. Undoubtedly, since then, the battle cry has been one of the most popular catchphrases across the corridors of government agencies and boardrooms of India and Global Inc. Has the campaign delivered substantial value to the country's manufacturing sector? Or have the past twelve months only been about fascination, verbal inspiration and little execution? The Dollar Business analyses
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