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