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