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