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