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Auto test tracks launched at GARC Oragadam campus STFC raises money Nothing to hide... When Centre visits the state Murugappa- a year of consolidation Strategy war escalates between Hero and Honda Creating Tamil Nadu Banana brand Apple maps – finding its way Brand leaders come forward... Veritas Finance- financing the unfinanced Dynamic e-commerce scenario Research needs more funding Well-refined – RIL’s refinery margins zoom Celebrating 180 years of relevance World labour laws at a glance Four daughters and a proud father Business Breif Economic issues take a back seat at G20 summit Indian Bank – global businesses crosses Rs 3 lakh crore... Schwing Stetter India joins hands with US-based Gomaco Innovation that helped Chennai port On the ‘milky’ way Business Briefs TOP 10 CEO Compensation Backpack laboratory Ridley marathon to India Holiday Inn opens in OMR Chennai SumInfra- corridor based development... Automotive Vision Plan II... A global plastic event in India ISRO's 100th mission Sun Edison launches solar pumps Chennai to get a roundabout Metro CUB: towards card-less withdrawal TII’s single largest investment at Thiruthani Steel loses its sheen Three more leather clusters… Inclusive and forward moving... Airlines wage price war Rating of states to be released soon Pharma market dozes Chennai will soon get its World Trade Centre Time to fast-pace the logistics sector Carrefour’s quick exit Digital retail transactions stabilise at higher level… Illicit markets a concern to growing economy TiE applauds innovative entrepreneurs IFCI to raise NCDs upto Rs 2000 crore Economic, business and social sustainability People Flow Day- Safety Indigo stays leader with 40 per cent share Hero Motocorp - smooth ride Secured NCDs from Shriram City Downsizing spree... WABCO’s second Chennai plant ALL – truck industry is recovering from degrowth - ECGC expands operations European crisis is a global crisis! Placing the right shoe forward... Curbing steel imports will hurt small business... Climate change may change the way businesses work... TVS Logistics – another acquisition to sharpen the business model Nigeria comes nearer Celebration time at MS Chola ALL-two launches in a row TII-challenging year with flat growth Is Indian telecom industry heading for a monopoly? Purdue and IIT-M sign the dotted line Hyundai excites again BRICS development bank TN budget pragmatic and moderate on fiscal deficit Flexible labour laws… Towards peace of mind Focus on self-certification and third party inspection Scoot offers just Rs.13,500 to ANZ... Connecting the unconnected Gem of social service... Chola MS launches motor app Applauding enterprise... Housing Innovation Challenge, 2015 Durga - India’s largest blast furnace; now operational Smart controls for cooling large multi-zone spaces ... Reality bytes Changing dynamics in human resource management Realising double digit growth in Tamil Nadu OBO Bettermann for better lightning protection Waste, a gold mine ALL to launch electric busses LVB gears to become a financial supermarket Tata Steel commence operations at Kalinganagar Make way for the new and dynamic railways Blue Star plans a new plant in south Chennai Port is at last decongested! The new look- 4s Verna Chola MS net crosses 100 crores Need to focus on ease of doing business... An aerospace-defence cluster in Tamil Nadu… An American alliance in the chemical industry? TCS’ revenues cross Rs 100,000 crore Adding Zest to Scooty Striking cords for 25 years… Realty sector takes a break... Techies trip to India Investor friendly Japan Big-ticket investments march towards Punjab AirAsia India infuses funds to fight out competition More gensets and diesel engines from TAFE Industry-well poised to invest on expansion Bridging the skill deficit in pharma industry
 
Investor friendly Japan
Indo-Japan Chamber of Commerce and Industry organised an international conference on opportunities in India particularly in Tamil Nadu, in the MSME category. Japan is an economic colossus while India is an emerging giant. Both the economies revolve around millions of micro, small and medium enterprises.

Industry Minister P Thangamani said that the Government of Tamil Nadu in the last 18 months has attracted 17 major projects with an investment commitment of over Rs.26,625 crore, offering direct and indirect employment potential to over 1.46 lakh persons. Tamil Nadu has over 8.26 lakh MSME registered industrial units providing employment to about 5.3 million persons. Tamil Nadu houses 344 Japanese companies doing business here accounting for 37 per cent of total Japanese companies operating in India. 

Rural Industry Minister P Mohan said the interaction of MSMEs to establish personal contacts and explore opportunities between Tamil Nadu and Japan in all the 32 districts of Tamil Nadu is a welcome move and the government has launched a new scheme called NEEDS 2012-13 to encourage educated youth for entrepreneur training, assistance to prepare their business plans and helping to tie up with financial institutions to set up new business ventures, besides linking them with major industrial clients.

Prof. N Krishnaswami, President, Indo Japan Chamber of Commerce, and Masanori Nakano, Consul General of Japan said India is the most promising country for long term investments. India will capitalise on the opportunity by improving power situation and putting in place faster and transparent compliance environment. Japan is the fourth largest investor in India with over $13.8 billion invested between April 2000 and November 2012.

Skill council for leather sector

The 28th Edition of the popular India International Leather Fair was organised in Chennai by India Trade Promote Organisation (ITPO) and the Council for Leather Exports (CLE). Around 425 exhibitors from India and 22 other countries were part of the event. 
Rita Menon,Chairperson and MD of ITPO and Rajendra K Jalan , Chairman, CLE, said the leather industry has aggressively been expanding to newer markets as part of the de-risking strategy. However, conventional export destinations like Europe and US will remain major markets due to their high consumption levels.
The Leather Council would be taking up a major skill development programme. An entity called Leather Sector Skill Council has been formed under the aegis of National Skill Development Corporation to address the problem of shortage of trained manpower. 
The Central government is expected to provide a grant of Rs 6 crore and a soft loan about Rs 5 crore. Besides, Council for Leather Exports will contribute about Rs 1 crore for this initiative. The leather sector is one of the focus sectors of the foreign trade policy and has an annual turnover of $7.5 billion.

INDO US trade crosses $100 billion

Generating an additional billion dollar two-way trade with Indian companies seeking US entry was the theme of the workshop conducted by MCCI. 
The workshop featuring US business experts and attorneys was aimed at providing information and personal coaching to Indian companies and entrepreneurs about how to succeed at doing business in the United States. 
Expert advisors and attorneys helped the Indian companies, entrepreneurs and investors develop customised strategy for their company and for their specific needs. Trade between the two nations is expected to cross the $100 billion mark this year.                                

 


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