role of ficci in indian ex
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Role of FICCI in Indian Export
Introduction to Chambers Of Commerce
The chambers of commerce and industry are established on
regional bases. They assist export promotion in a numbers of
ways. Its membership is open to all the members of trade and
industry.
They provide suggestion and recommendation to the government
on various issues concerning trade and industry including exportmarketing.
The government while framing import and export policies does
accept their suggestion. They help the exporters in issuing the
certificate of or igin and taking up specific cases of
exporters to the government. The chambers of commerce also
provide information and it provides a forum to their members
to discuss the problems arising out of policy matters. They
also organized workshops, seminars, and short training coerces
in order to guide their members on export aspects. They do
send trade delegations abroad and invite trade delegations from
abroad.
FICCI works closely with the government on policy issues,
enhancing efficiency, competitiveness and expanding business
opportunities for industry through a range of specialised services
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and global linkages. It also provides a platform for sector specific
consensus building and networking
INRODUCTION TO FICCI
Federation of Indian chambers of commerce and Industry (FICCI)
was set up in 1927, at the instance of Mahatma Gandhi;
FICCI has grown over the years to represent, directly or indirectly,
over 250,000 business enterprises employing around 20 million
peoples. FICCI has evolved as a true partner in progress with the
government. Within the country, FICCI has been playing a pivotal
role in the formulation of major economic policies. Working
through expert committees for almost all areas of economy, FICCI
has encourage and adopted strategies for grater private sector
participation, free market, enhanced global trade and foreign
direct investment.
Acting as a change, FICCI has contributed significantly to the
development of th economy.
FICCI operates through 74 joint business counsils (JBCs) with many
countries and several other commercial alliancesand MOU partners.
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Another vehicle for the international division is the destination India
events organized jointly with the government of India with
international offices in UK, USA, Germany, China, UK, USA,
Germany, China,Malaysia and Singapore.
A non-government, not-for-profit organisation, FICCI is the voice
of India's business and industry. FICCI has direct membership
from the private as well as public sectors, including SMEs and
MNCs, and an indirect membership of over 83,000 companies
from regional chambers of commerce
FICCIs Agenda for Managing the Challenging Economic Scenario
Background
1. Growth so far has been primarily private investment led.
2. The fundamental Indian Economy remains structurally strong
and the current international banking crisis has left the Indian
banking sector relatievely untouched..
3. How ever the many month of tight monetary policy and its
consequent effect on drying up domedtic liquidity had forced
Indian companies to look for financing t h e Domestic banking sector
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on account of the International Banking crisis have created a situation of
deep concern and threat for the real economy and all the players in it .
real economy Serious, deep and systemic which will come
back and haunt us a few years down the road.
6. Do not focus on stock market alone; focus on Real Economy
. So what are the steps required? The steps are broadly
A) Financial sector oriented
i. Liquidity, rate cuts and Risk aversion, sectoral
stabilization fund
a. FICCI believs that liquidity that has been infused in to the
market following recent CRR cuts would be quickly
absorved to meet the outstanding commitments.
b. Cut repo by another 50 basis points immediately and
bring it down to 5% in the near term. This would send a
strong signal to the banks to revise their PLR downwards.
c. FIICI proposes sectoral stbilizaation fund dor sector where risk
aversion has suddenly shot up and liquidity is not forth
coming..
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i i. Risk Aversion and Credit f lows to small and medium
sector as well aslarge projects, (Issues of crowding out by the
Public sector and Subsidy bills,
a. Bank must completely daliver on all sanctioned loan
limits to corporate.
b. . C ro w di ng o u t o f P ri va te s ec to r f r om c re di t
ma rk et s sh ou ld no t happen with liquidity being
used for fertilizer and petroleum subsidies
iii. Recapitalize Banks give them the Rs.50, 000crore onagricultural loans immediately.
Iv. Protect ing against systemic defaults by NBFCs by
converting them to Banks and bringing them under regulation.
v. Bring the focus back on FDI and attract sovereign funds (SWFs).
a.Government to lift foreign investment restrictions and review
capsin sectors like insurance, telecom, multi-product retail and
aviation
vi. Boost NRI deposits
a. Deposit rate on FCNR and NRE to be increased by 50 bas ispoints. Further, rules related to deposit period may also be
relaxed to boost NRI transfers.
b.Real Economy oriented
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i. Reduce Railway Freight Rates by changing classification
.ii. Exporters
a. Refunds from excise department to be made in 7 daysinstead of current 90 days Credit lines for good credit worthy
exporting companies to be made available since LCs and
international credit lines are not being accepted.iii. Domestic.
Existing sanctioned project loans should be disbursed
expeditiously.
b. Public investment needs to be accelerated to pump prime theeconomy through increased infrastructure projects.
c. Sectoral stabilization fund where specific risk aversion is high
and liquidity is not forthcoming.
d.Consumer demand to be stimulated (Housing and consumer
durable financing to restart).
FICCIs view is that this agenda must be implemented
systematically and completely to prevent the threats to the
Economy that are real. The focus on the financial sector is
important but not enough. The downstream Real sector and
their issues for both the Large and small/medium AND Exporters
(whose cause FICCI has been advocating for long) have tobe addressed to ensure that there is amage to the real
economy.
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Role of FICCI
The main role of Chambers of Commerce is to project good image of
Indian products.
Collection of Information
It collects valuable information on overseas imports, import regul
ations, about competitors, market potential and other developme
nts in foreign trade.
Supplying Information
It provide information on latest developments in the field of export trade. It may relate to various aspects of foreign trade. Suc
hinformation is vital to the exporters to promote their sales
abroad.
Organizing Seminars
It organizes seminars, workshops, discussions, meetings,
conferenceson various aspects of foreign trade. Exporters are invi
ted to suchseminars and workshops.
Trade Fairs & Exhibitions
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It may also assist the concerned authorities in organizing trade
fairs and exhibitions in India and abroad. It may also assist the
exporters to take part in such trade fairs and exhibitions.
Advising the Government
It apprises or advises the government on current export problems
and suggest measures for export growth. It also advises the
government in framing proper export import policies from time to
time. It may recommend certain modifications in the existing
government policies and programmers.
Invite Trade Delegation
It may invite trade delegation from abroad both at private level and at
government level. Such trde delegations arevery important to promote export trade of India. Foreign
delegations visit India and sign contracts with Indian exports.
Send Delegations Abroad
It may undertake the responsibility of sending trade delegationsa
broad comprising Indian businessman. Indian parties may visit abr
oad and enter into contracts with overseas buyers. Thus,
foreigntrade of India can be expanded.
Professional Advice
It may offer professional advice to exporters in areas such as
technology up gradation , quality and design improvement,
standards and specifications, product development, innovation,
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etc. Such advice goes a long way to improve product and
organizational efficiency of the exporters.
Exploration of Overseas Markets
It may assist the exporter in exploration of overseas markets an
d identify the items havig export potential. It may guide
the exporter in setting up of joint ventures in abroad.
Developing Export consciousness
This organization makes all possible efforts to develop export
consciousness
In our country.This is because there is a great need for exports for
a country like ours so as to earn foreign exchange.
Other Functions
It may fix minimum floor price or may advise the government in
fixation of such floor price.
Services offered by FICCI:
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o Business Information Services Network(BISNET)
o Energy Conservation
o FICCI Arbitration and Conciliation Tribunal (FACT)
o FICCI Ladies Organization
o FICCI'S National Initiative Against Piracy & Counterfeiting
o FICCI Trade Facilitation Forum (FTFF)
o FICCI Quality Forum
o Foundation of Research, Training and Education in
Insurance (FORTE)
o Institute of Intellectual Property Development
o Resource Conservation & Management
o Resource Accounting & Resource UseOptimization
o Environment Management Services
o Sustainable Energy Management
o Water Audit & Conservation
o
Project / Program Management Consultancy
o Capacity Building
o Water Audit Services
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Current State of Indian Economy September 2008 Federation of Indian
Chambers of Commerce and Industry New Delhi-----
Recent Trends in Indian Economy.
Industrial Growth:
The recent data on industrial production for july 20008 shows an improvement in the
industrial growth over previous months. The industrial growth was found to
gradually pick up in July 2008-09 compared to the growth post ed in the prev ious
months of this year. However the growth during the four - month period (April- July) of the current fiscal remains much lower than growth number recorded in the corresponding
month of the last fiscal. During the April-July period of 2008-09 growth in the
man ufactu ring and electr ici ty sec tor accelerated compared to the growth registered
in the previous months of this year. However the growth performance remains
wea k when compared to the growth of last fiscal. The increase in production was
wi tnes sed on ly in the mining sector su rpassing the growth posted in the previous year.
Further following the use-based classification we see growth in secondary
and basic goods
in July2008was subdued as against the growth in the samemonth of the previ
ous year. Output in the capital goods sector however increased by 22% in
July this year compared to 12.3% increase in the same month of previous
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year. The growth in the consumer goods came mainly from the consumer
durables segment that increased by 11.2% compared to the negative growth
posted in the corresponding month of last year. In the period of July 2008-
09 growth in seven among theseventeen industry sectors namely food produ
cts,beverages and tobacco, paper, metal products,machinery, transport equi
pments and other manufactured items exceeded the growths posted in the
previous year. While basic metals, nonmetallic minerals and basic chemicals
slowed in July 2008-2009.
compared to the corresponding month of the previous year, production of 6 i
ndustry sectorsnamely rubber, leather, wood, jute, wool and cotton was
found to drop.
CORE INFRASTRUCTURE INDUSTRIES :
Growth in the core infrastructure industries slowed during the four-month
period of the present fiscal compared to the growth in the previous fiscal
during the period of April-July 2008-09 compared to the same period
of last year. On all the other sectors the production growth slowed downcompared to growth logged in last year there was a strong slippage in the
production of crude petroleum during these four months.
Inflation Trends
The average WPI based inflation rose from an average of 12.2% in
July to 12.5% in August this year. In the week ending 13 th
September 2008 the WPI based in fl at io n sto od at 12.14%.
During this time last year the annual rate of inflation stood at
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3.51%. The sharp difference in the rate of inflation between now
and last year has been mainly on account of a sharp rise in the
price index of fuel and some manufactured items. Measures to
curb the rising food articles and other manufactured commodityprices have been put in place, however these only showed a
marginal impact on the rising price index. The fall in fuel prices
from its peak USD 147/ barell to below 100/ barell yet to be
catched in the recent price index.
Stock Market Trends
Number of events of political nature and events in the financial
markets impacted the stock markets adversely. After the major
drop in the 30 stock index sensex in July to 13K the market somewhat
recovered in August rising 15k points before dropping 14.5 k
points in sept 2008.
The recent numbers show that the market slid further by
another 500 points going bellow 13k points due to uncertainties in
the global domestic market.
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Foreign Trade
Despite odds (raw material prices, high borrowing rates, losses
due to forward contracts) the country did export goods worth USD
60 billion, posting 24.6%growth during the first four months 2008-
09 as compared to 18.22% in the previous year. The reason
ascribed to high exports growth was, increased demand in some
of international markets.
The weakening of Rupee has helped the exporters to recover their
(those who have not hedged their funds) losses made in the past.
However, those who hoped for aforward covering those days
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when rupee maintaining Rs 38-40, failed to insulate themselves
from the quick and sharp weakening of Rupee. The import bill
swells due to obvious reasons and widens the trade deficit even
further.
Trends in the Exchange Rates
Weakening of the domestic currency against the USD benefited
the exporters. However in the present context, weakning of the
rupee/USD favored asection of exporters that choose not to hedge
at the time of strong Rupee-Dollar movement. It was absorved
that i n Sep tember 2008 Rupee was ru l ing a t Rs 47 / US
weakening by about 20% since January 2008. The present
(September) exchange rate of Rupee / Euro was also found
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to weaken by about 17-18% over the exchange rate in January
2008.
MANUFACTURING HUB
Currently there is no homogeneity in luxury, fashioned lifestylesector. This disparate burgeoning industry looks towards FICCI to
initiate a dialogue among key players in luxury and fashion. FICCI has
therefore created FICCI Lifestyle Forum
to promote the development of the Luxury Goods. Industry in
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India with specific interest of encouraging Indian Lifestyle
brands to emerge. Inthe same vein International Luxury houses
will play a key role for sustainable development of India luxury
market and simultaneously create a manufacturing hub locally inIndia. The forum would have representation globally luxury
brands, Indian fashion brands, lifestyle products,design houses
and bespoke services. The launch and inaugural round table on goods
and fashion industry. India is soon moving away from being a backwater
to handmade-handcrafted in India tagline' becoming solicited in
luxury circles. A New Revival is on the cards in India as FICCIaimsto develop the Luxury Goods and Fashion Industry and
open dialogue with Industry bodies, fashion and private equi ty
and investment for growth of India Indigenous Luxury' .
I n S ep te mb er 2 00 8 R up ee w as r ul in g a t R s 4 7/ U S
weakening by about 20% since January 2008. The present
(September) exchange rate of Rupee / Euro was also foundto weaken by about 17-18% over the exchange rate in January
2008.
FICCI lifestyle forum
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What will sponsors or attendees benef it by being a part of FLF and the
launch (attach sponsorship grid and payment gateway) the launch FICCI lifestyle
forum will bring together key players in Indian luxury sector to initiate membership
interact, dialogue and promote India as afuture manufacturing hub for globalfashion and luxury goods. The sponsors will gain an edge with their association
with the forum and media coverage as this the first business forum and fashion
lifestyle sector in India. They will be involved in future roundtable and shape
policies conducive to develop India Indigenous brands and development of luxury
sector in India, as members of FICCI Lifestyle Forum. Our next Endeavour, FICCI lifestyle forum
comite Colbert meet is confirmed on ist October in Paris exclusively foe FICCI lifestyle
forum members further participation detail will be available shortly.
1. Who should attend and be a member of the FICCI Lifestyle
Forum
2. Indian Brands looking at creating luxury positioning
3. Luxury Brands entering India from France, Italy, Spain,
Germany, US, UK
4. DIPP and Ministry Brand Franchisee's who have entered
into JV'sof 49-51% partnership
5. of Commerce and Industry
6. Real Estate majors
7. Luxury Hotels and Spas, Oberoi, Ananda spa, Taj Aman
resorts. Four seasons ayurveda resorts.
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8. Luxury Airlines
9. comite Colbert france altagamma Italy wallpole UK luxury
institute US to effectivelyutilize our partnerships with these
countries.
10. Ministry of Human Resources for Skill development of crafts
and promote Employment and Education
11. Ministry of Civil Aviation
12. Lifestyle and Fashion Editors Vogue, Verve, L'officiel
13. Be a member of the FICCI Lifestyle Forum
14. Be a member of the FICCI Lifestyle Forum
15. As a member you will gain an edge by associationwith the
FICCI Lifestyle Forum, as this is the first business forum on
fashion and lifestyle sector in India.Our next meeting for
FICCI Lifestyle is slated for 1st October with Comite Colbert
in Paris for our members. Members will be involved in futureroundtables and shape policies conducive to develop India
Indigenousbrands and development of luxury sector in India
In lieu of services and platform rendered by FICCI for
organizing:
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16. Roundtables of FICCI Lifestyle Forum in France, Italy and
India
17. Tabling issues and creating impetus for Indian Luxury Brands
to emerge and sustain18. Provide reach through B2B's with key markets in France,
Italy, Spain for skill-integration
19. Events and road shows with Committee Colbert, Walpole
20. Education and employment generation in this sector.
21. Support the sector growth by mou's with International
training institutes in lifestyle, fashion and design - Essec,Paris, SDA Boccioni, Milan, FIT, New York
22. Nurture Indian talent for future of the lifestyle sector and
India Indigenous brands.
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BRIEF PROFILE
FICCI is the rallying point for free enterprises in India. It has
empowered Indian businesses, in the changing times, to shore up
their competitiveness and enhance their global reach. With a
nationwide membership of over 1500corporate and over 500
chambers of commerce and business associations, FICCI espouses
the shared vision of Indian businesses and speaks directly and
indirectly for over 2,50,000 business units.
It has an expanding direct membership of enterprises drawn from
large, medium, small and tiny segments of manufacturing,
distributive trade and services. FICCI maintains the lead as the
proactive business solution provider through research,
interactions at the highest political level and global networking.
Set up in 1927, on the advice of Mahatma Gandhi, FICCI is the
largest and oldest apex business organization of Indian business.
Its history is very closely interwoven with the freedom movement.
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FICCI inspired economic nationalism as a political tool to fight
against discriminatory economic policies. That commitment, drive
and mission continue in the ever-changing economic landscape of
India, chasing always newer agenda. In the knowledge-driven globalize economy, FICCI stands for quality,
competitiveness, transparency, accountability and business-
government-civil society partnership to spread ethics-based
business practices and to enhance the quality of life of the
common people
Core Competence
1. A reservoir of experience and expertise indiverse fields
2. Quality service provider
3. Forum for continuous government-industryinterface for evolving a
shared vision oneconomic matters
4. Information superhighway for corporate in India and abroad
5. Rallying point for track-two businessdiplomacy for promoting global
trade and investment
6. Professional Committees on all segments of the economy
7. Highly trained, experienced and accomplished multidisciplinary
intellectual capital as its Secretariat
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8. Internationally acclaimed state-of-the-art office infrastructure for
conferences, board meetings and business consultations
9. Specialized organizations and think-tanks toaddress the present and
futuristic issues and challenges
10. Strong database with connectivity to everyconceivable networks to
access and providedata online to industry, government and business
organizations
11. Professional approach for evolving quicksolutions to economic and
industrial issues
12. Perspective groups to visualize the futurechallenges and requirements
of the industry
13. International Business Forum to help and guide overseas business
partners
14. Institutionalized advisory groups to providecustomized consultancies in
quality assurance,
15. energy auditing and sustainable and environmental issues
16. A state-of-the-art food testing laboratorywhich has been the referral
point for theemerging multi-billion food industry in thecountry
17. Well-conceived social outreach programmerstargeted at the civil
society
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18. Strong global connectivitys
Executive Committee
The Executive Committee of FICCI consists of industry leaders who hold a
pride of place in thebusiness landscape of the country. Among them
aresome of the key innovators, wealth creators and employment providers.
Their contributions to thenational economy are immense and varied.
Intellectual CapitalHighly qualified multidisciplinary Secretariat consisting of economists,
MBAs, IT professionals, fiscal and financial analysts, lawyers, etc., who can
provide business solutions and guidance on industry issues like quality,
market access, taxation, economic policies, etc. The intellectual capital is
ever-expanding to address newer areas and wider issues.
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FICCI National AffairsFICCI has played a proactive role in evolving theeconomic policies of the
nation both in the pre- Independence and post-Independence period.
TheGovernment has been consulting FICCI whileevolving and implementingall major economic
policies of the country. The Government of India Act of 1936, Bombay Plan,
Five-Year Plans, etc. are some of the major economic policy instruments
that werediscussed threadbare in the FICCI forum. That partnership
between the Government and FICCI continues. Thirty-four specialized
committees of FICCI on diverse segments of the economy grapple with
sectoral issues on a day-to-day basis to provide solutions to business and to
suggest pragmatic policies to the Government.
Global ConnectivitiesFrom Nikita Khrushchev to Vladimir Putin, President Eisenhower to Clinton
were the hosts of FICCI. That unique international networking and
interactions at the highest level have helped the Indian business community
to expand their business horizon. From the League of Nations (the precursor
to the United Nations) to the World Trade Organization (WTO), FICCI has
maintained organic relationships, which have blossomed into effective
partnerships and exchange of ideas. Consultations with the heads of
multilateral organizations like UNIDO, UNEP, ILO,GATT, WTO, World Bank,
IFC, WIPO, ADB, etc have been a feature of FICCI activities to strike credible
communication channels with these organizations to amplify the business
point of view on developmental matters. These track two businessconsultations with multilateral organizations have resulted in forging
effective partnerships in implementing projects and reinforcing the views of
developing countries in the global development agenda.
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Joint Business Councils
Joint Business Councils (JBCs). FICCI's track twobusiness diplomacy with
India's trading partners,open up new business opportunities to
Indianbusinessmen with overseas investors, technologysuppliers,
multilateral and bilateral fundingagencies. JBCs formed with over 69
countries, including the US, Japan, South Korea, Australia and the People's
Republic of China regularly meet to takestock of the bilateral issues and to
frame newer policy initiatives to take the two-way trade and investment to
newer heights.
FICCI is also the nodal point for the Indian
Chapters of:
1. Confederation of Asia Pacific Chambers of Commerce and Industry
(CACCI)
2. G-15 Federation of Chamber of Commerce, Industry and Services (G-15
FCCIS)
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3. Indian Ocean Rim Business Forum (IORBF)
4. International Chamber of Commerce (ICC)
5. SAARC Chambers of Commerce and Industry
Allied Organizations
Forum of Parliamentarians
1. The India-U.S. Forum of Parliamentarians
2. The Indo-British Forum of Parliamentarians
3. The Indo-German Forum of Parliamentarians
4. The India-European Union Forum of Parliamentarians
5. The India-Japan Forum of Parliamentarians
6. The India-Singapore Forum of Parliamentarians
7. The India-Pakistan Forum of Parliamentarians
Annual General Meetings
Annual General Meetings of FICCl have beenimportant national economic
events. Thecontemporary developmental issues facing thenation are
discussed and debated by the political leadership, business and the
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academia. These events have helped the Government of India to take stock
of the developmental initiatives and to evolve policy corrections based on
industry responses. FICCI has always stood behind the nation in the hour of
crisis. It is committed to free enterprise and competition. That is the key to
enhance the quality of life of the people and to build a new, dynamic and
vibrant India.
Think Tank
FICCI Think Tank consists of eminent economists, planners, civil servants
and industrialists who meet regularly in structured monthly meetings to
discuss
important macro level issues confronting the nation. A background note for
the meetings is usually prepared by one of the distinguished economists and
final recommendations will be submitted to theGovernment.
Structure
World-Class Infrastructure
Located in the heart of New Delhi, in a sprawlingcompound, FICCI
headquarters have the world-classinfrastructure. There are seven different
halls havingcapacities ranging from 16-600 - a meeting hub for business
leaders.
FICCI Lifestyle Forum
Comite Colbert Roundtable - October 1st 2008, Paris
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In keeping with our dialogue with partner countries FICCI signed an MOU
with Comite Colbert on 1st June 2006 to promote dialogue and
creativitybetween Indian and French brands in 2006. To further this
endeavor, The first meeting is going to be in Paris on October 1st for FICCI
LIFESTYLE FORUM-COMITE COLBERT Roundtable- a joint Indo-French
endeavor for the Indian Lifestyle Industry.Comte Colbert of France, a huge
umbrella which, holds the names of 68 French luxury brands under one roof.
In this meet CEO's and Heads from French brands will interact with Indian
brand CEO's and owners of India Indigenous brands to create and sustain a
dialogue, and help inward and outward integration in this sector.The half day
programme and delegation will be led by Mr. Ness Wadia asChairman and
Mr. Mehul Chowksi Co-chairman of Ficci Lifestyle Forum on 1st October,
2008. Hon'ble Minister of Commerce and Industry Shri Kamal Nath has
agreed to preside over the meeting and deliver keynote address.This is a
rare opportunity to create dialogue, develop synergies and exchange best
practices with French Luxury Brands.
An Overview Federation of Indian Chambers of Commerce and Industry
(FICCI) has collaborated with the world'sleading organization for quality in
the USA,namely, the American Society for Quality (ASQ). A Memorandum of Agreement (MOA) was signed between the two organizations at a
signingceremony held on May 18, 2005 at Seattle at the time of the ASQ's
World Conference on Quality and Improvement. The Annual Conference
which beganon May 15, 2005 culminated on May 18, 2005 withthe signing of
the Agreement. Over 2000 delegatesincluding 220 international delegates
attended theannual International event in its 59th year of functioning.
Federation of Indian Chambers of Commerce and Industry as the National
Apex Chamber of Commerce and Industry with headquarters in New Delhi
and offices in several Indian States and overseas has a special wing for
education, training,consulting and carrying the quality movement in India for
over 15 years. It is now, popularly knownas the FICCI Quality Forum (FQF).
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FICCI Quality Forum
FICCI Quality Forum (FQF) is the management consulting division of
FICCI.FQF is facilitatingbusiness organizations in India and other developing
countries to enhance global competitiveness through training and
consultinginterventions using the best practices adopted byleading
companies in the world. To get theknowledge and training skills on latestmanagement tools and techniques, FICCI hasnetworked with premier global
knowledgeresources such as American Society for Quality,USA, LEAN
Enterprise Academy, UK, Kaizen Institute, Japan etc.
American Society for Quality
The American Society for Quality (ASQ) is theworld's leading authority on
quality. With more than 100,000 individual and organizational members,this
professional association advances learning,quality improvement, and
knowledge exchange toimprove business results, and to create better
workplaces and communities worldwide. As champion of quality movement,
ASQ offerstechnologies, concepts, and training to quality professionals,
quality practitioners, and everydayconsumers, encouraging all to Make Good
Great. ASQ provides professional training and certificationthat are
considered as global benchmark and utilized by leading organizations around
the world to set objective criteria to assess competency of quality
professionals.
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ASQ & FICCI Professional Certified Training Programs Offered in India
Lean Manufacturing
Lean Service
Six Sigma Black/Green Belt (CSSBB/CSSGB)
Lean Six Sigma Black/Green Belt
Lean Six Sigma-Champions training
Lean Six Sigma-Executive training
Certified Manager of Quality & Organizational Excellence (CMQ/OE)
Certified Quality Engineer(CQE)
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FICCI Suggestions for
the R & D Policy
of Indian Textiles Sector
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FEDERATION OF
INDIAN CHAMBERS OF
COMMERCE &
INDUSTRY
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FEDERATION OF INDIAN CHAMBERS OF COMMERCE &
INDUSTRY
Introduction
Currently, Indian Textiles sector contributes about 14% to industrial
production, 4% to the GDP, and 17% to the country's export earnings. It
provides direct employment to over 35 million people. The Textiles sector is
the second largest provider of employment after agriculture. However, the
Indian textiles industry has only a small fraction of revenue derived from
innovative, technology intensive or emerging products. Our strength has
very much been in commodity products susceptible to intensecompetition and few entry barriers. FICCI believes to make the textiles
sector fundamentally strong and foray in emerging areas, there is a
need to develop a comprehensive R & D policy for Indian Textiles sector.
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FICCI has suggested below some of the outlines of R & D policy for Indian
Textiles Sector.
Objectives
To achieve significant share of Indian textiles in global markets of
advance technology based products and high value added items and
strengthening the capacity of domestic stakeholders in the area of
environmental friendly textiles.
Research to be need based & industry focused.
To develop new processes and innovation for productivity improvement and
cost reduction To facilitate adoption of new materials. Competitive edge for Indian textiles
industry will come not only from improvement in processes but also by
adoption of new materials.
Give special attention to emerging areas such as nano technology,
plasma
technology, bio-technology, membrane technology and energy managementetc
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FEDERATION OF INDIAN CHAMBERS OF COMMERCE &
INDUSTRY
To explore and apprise industry about environment management, eco-
friendly processing, carbon credit etc
Special focus on materials that reduce carbon footprint and are
obtained from
renewable sources.
Encourage adoption of advance synthetic fibers and understand the
applications of genetic engineering, bio-technology, and cellular biology
in both natural and synthetic fibre-base deepening efforts for Innovations
in design & development
To encourage IPR adoption in Industry.
Focus R&D initiatives on high-end product development in apparel,
home and technical textile areas Encourage Indigenization of imported
machines and equipments
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Spread knowledge on state of the art products and processes
Government Support
Formation of a National Textile Research Council with
participation of Government, institutions, academia and
industry which will act as a steering committee to initiate and monitor
R&D in the country.
Government could create a National Consortium which should bring
together various stakeholders in the Textile value chain to quickly adopt new
technologies.
Financial support in the form of Grants for State-of-the-art machines and
equipment
(spinning to garment processing) at each TRA and leading
Government/Government- Aided Engineering colleges/institutes to carry out
research on latest and emerging technologies.
Special incentives for easy adoption of those technologies that reduce
carbon footprint.
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FEDERATION OF INDIAN CHAMBERS OF COMMERCE &
INDUSTRY
There should be ongoing review and evaluation of research work to ensure
benefits from R&D to the industry.
Awareness on practices and on intellectual property to encourage
innovation
National R&D Awards to industry for development of new products &
processes in textiles.
Industry-Academia Linkages
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PPP Models for the projects undertaken by Educational Institutes and the
TRAs on applied research and need based and industry focused research.
Frequent Industry-Academia interaction to include industry requirements
and update course curriculum of different colleges and research institutes
Incentives could be given to Academia based on industrial relevance of
their research and development work and matching funding from Industry.
Empanelment of industry experts on Academic Advisory committees of
the colleges /institutes of textiles the research work should be applied in
nature and relevant to the needs of the industry
International Linkages
International experts should be at the board/ advisor level in Indian
Research
Institutes
Sign MoUs with leading international research institutions forconducting joint research projects
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FEDERATION OF INDIAN CHAMBERS OF COMMERCE &INDUSTRY
Sign MoUs with leading universities/institutes/colleges for conducting
joint academic programmes at Under Graduate and Post Graduate levels
Measures to promote technology development and innovation
Government can adopt innovative technology either locally or
internationally developed into their own program to serve as role models for
the industry
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Create Incubation centres for technology transfer and acceptability by the
industry
Benchmarking domestic R&D spend with other countries both at national
level and firm level
Future Areas to Concentrate
Sustainable solutions in the textiles industry are the need of the hour.
There should be increasing research on developing practical recycling
technologies that can take existing Synthetic fibers back into the textile
supply chain.
Development of specific and multi functional textiles
Development of eco-friendly & sustainable linkages is key to competitiveness
Research on making the existing processes more energy efficientDevelopment of coated textiles for various sports and multifunctional
applications
IT integration of the industry
Development of protective textiles (bacteria protective, ballistic resistance
textiles etc.)
Development of composites for automotive, aerospace and architecturalapplication
Development of non-wovens for apparel, medical and specialty
applications.
Development of electro-textiles for communication and health
monitoring.
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FEDERATION OF INDIAN CHAMBERS OF COMMERCE &
INDUSTRY
Design & Development of Indigenous textile production machinery,instrumentation and automation
Development of new medical devices based on textiles materials
Allocation of funds
National Textile Research Council : Rs. 30 crore (Seed Money) + Rs.
10 crore
(Annual Grant)
TRAs (Textile Research Associations) :
(Rs. crore)
Purpo
se
Funds per Total
Funds
For 8
For 1
year
For 5
years
Machine and 4 20 160Grant for research 2 10 80Non-Plan Grant 2 10 80
Total (A) 8 40 320
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Government/Government aided Engineering Colleges :
(Rs. crore)
Purpo
se
Funds per Total
Funds F or For 1 For 5Machine and 1 5 95
Total (B) 1 5 95
Total Funds needed for 5 years: Rs. 495 crores
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CERTIFICATE This is to certify that Mr.Nitin Bansal , Student of BBA (B&I) 2008-2011 has
done her live summer training project under my guidance and supervision.
She has completed the project titled ROLE OF FICCI towards the partial
fulfillment of Bachelor of Business Administration (Banking & Insurance) from
Guru Gobind Singh Indraprastha University under my guidance.
During her project she was found to be dedicated, sincere and attentive to
small details whosoever told to her.
I wish her luck and success in future.
(Ms.Sonali Sharma)
Project Guide
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ACKNOWLEDGEMENT
The present work is an effort to throw some light on ROLE OF FICCI.
The work would not have been possible to come to the present shapewithout the able guidance, supervision and help to me by number of people.
With deep sense of gratitude I acknowledged the encouragement and
guidance received by my organizational guide Ms.Sonali Sharma and other
staff.
I convey my heartful affection to all those people who helped and supported
me during the course, Especially Ms.Sonali Sharma, Internal Faculty (KRCHE).
I am also thankful to Ms.Richa Sharma, Project Coordinator for their guidancethroughout the project.
NITIN BANSAL
Enrollment No. : 07919301710
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REFERENCES
WEBSITES
http://en.wikipedia.org/wiki/Advertising
www.ficci.com/about-ficci.asp
www.thehindu.com/business/article217162.ece
Books
Gupta, C. B , Publisher: Sultan Chand and Sons 2008 , 2nd revised ed. Jhingan, M.L, Practices of Banking Laws, Edition 2007.
Gorden.k, Natrajan.k, Banking Theory, Law and Practices (2008),
Himalayan Publications, 20th Revised Edition.
REASEARCH METHODOLOGY
Market research is often needed to ensure thatwe produce what customers
really want and not what they think they want. It is a way to systematically
solve the research problem it may be understood as a science of how
research is being done scientifically, understand it be the study the various
steps that are generally adopted by a researcher in study his research
problem along with logic behind them. It is necessary for the researcherto
know not only the research mathodology. It refers to a search for knowledge.
Research is this and original contribution to the existing stock of knowledge
for its advancement.
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It is persuit of truth with the help of study.
COLLECTION OF DATA:-
There are two sources of data collection-
1. PRIMARY SOURCE:-
It involves collecting the information fromits origin. Primarydata is the first
hand information collected by the marketer. This method of data collection
is expensive and time consuming.
2. SECONDARY SOURCE:-
It involves using information that others have already put together. When we
collect information through public sources it is known as secondary data
collection.
TYPES OF RESEARCH
DESCRIPTIVE
A form of conclusive research that aims to describe a product or market or
identified association among variables.
EXPLANATORY
In the explanatory research each and every thing is well explained. A style of
reasearch in which the primary goal is to understand the nature or
machenism of the relationship between the independent and dependent
variables.
EXPLANATORY
This reasearch is conducted in to an issue or problem where these are few no
earlier studies to refer. The focus is on gaining in sites and formality for later
invetigation. Here data is often quantitative and statistics applied. It is used
to identify and obtain information on a particular problem or issue .
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Finally casual or predictive reasearch seeks to explain what is happening in a
particular situation.