RNI Certificate No.69375/98 JunePostal Registered16-30, 2021 No.VSP-127/2020-2023 VIZAG INDUSTRIAL SCAN 1

VOLUME 24 ISSUE 04, PAGES: 12 June 16-30, 2021 www.viscan.in ANNUAL SUBSCRIPTION Rs.999/- RINL’s Bulk Freight Rates Zoom SBI sanctions new CMD Aditya Sabharwal has led to an increase in this fiscal. There has been volumes of bulk and break an estimated overall Rs 2k crs in AP he COVID-19 pan Tdemic seems to con- tinue to play spoil sport for under ECLGS both exporters and more so Break Bulk Freight Rates Surge*: for importers in terms of Said to benefit 65,000 customers freight rates. Rice to West Africa: USD 50/ton Ï USD 100/ton Aditya Sabharwal The Rs 2000 crore As countries around the Steel to South Europe: USD 35/ton Ï USD 50/ton world started to unlock, sanctioned by SBI in the Ï ndia’s largest bank, State economies started to wit- Steel to Persian Gulf: USD 25/ton USD 40/ton state is a major chunk of Ibank of has come the overall Rs 4700 crores ness a much needed re- *Rates as informed by trade out topping under the sanctioned by all the banks bound in international trade. ECLGS scheme in terms of he Public Enterprises put together in the state. With trade bouncing bulk cargo shortage in con- growth of18% in volumes sanction and disbursement. Selection Board Thereby making SBI’s T back the shipping sector tainers too has led to an in- compared to the same pe- (PESB) panel has recom- SBI in sole contribution of more has seen an unprecedented crease in volumes of break riod last fiscal’ said VPT’s mended the name of Mr. has up till now sanctioned than 42% of total loans surge in freight rates both bulk cargo. deputy chairman Mr Atul Bhatt, to be ap- about Rs 2000 crores across sanctioned in the state un- for containerised and bulk ‘We have definitely Durgesh Kumar Dubey, pointed as the new Chair- 65,000 customers under the der ECLGS. The Rs 4700 man and Managing Direc- government of India’s crores sanctioned under tor of Rashtriya Ispat ECLGS scheme. ECLGS is said to be across Nigam Limited (RINL). An Charter rate for a Supramax has gone ‘Over 90% of this sanc- 230,000 loans. alumni of IIT Delhi and IIM tion amount has also been The emergency credit Calcutta, Mr. Bhatt has up to USD 35,000 pd from USD 15000 pd disbursed to our customers’ guarantee scheme which held several crucial roles said Mr Sanjay Sahay, was launched last year by including Chairman and CGM, SBI speaking exclu- the central government is cargo. seen an increase in bulk IRTS speaking to Vizag Managing Director sively to Vizag Industrial to help industry deal with cargo handled at VPT in MECON Limited. Albeit pent up demand Scan. Contd. on Page ..6 Contd. on Page ..4 June 16-30, 2021 Steel VIZAG INDUSTRIAL SCAN 2 NMDC sees 8% growth in volume for FY’21

VIS News Service The Company achieved 4,269 crore and Profit after a record turnover for the Tax (PAT) of Rs 2,838 crore ndia’s largest iron ore 4th Quarter and also in An- in the 4th quarter of FY21, producer, NMDC pro- I nual Turnover, both are a 188% & 708% respective duced 34.15 million tonnes highest since inception growth over the 4th quarter and sold 33.25 million stated an official release of CPLY. tonnes of iron ore during from the company. the financial year 2020-21. The Company has reg- Profit before Tax istered highest ever PBT & This marked an 8% (PBT) for FY 2020-21 is PAT both in any quarter since growth in production inception. and 6% in sales from the 31.49 million h Q4 Production Ï 30% The company tonnes produced and achieved a produc- 31.51 million tonnes h Q4 Sales Ï 29% tion of 12.31 million sold during FY 2019- tonnes (MT) iron Pandey 20. ore during the Q4 First Rebar brand Rs 8,902, a 45% increase quarter as against 9.47 MT NMDC’s turnover for gets Addl. from the Rs 6,122 crore in the CPLY a 30% growth, FY 2020-21 was Rs 15,370 during FY 2019-20. while realising a 29% Charge as to get GreenPro crore against Rs 11,699 Profit after Tax (PAT) at growth in sales of iron ore crore during FY 2019-20, Rs 6,253 for FY 2020-21 11.09 MT compared to 8.62 CVO NMDC registering a growth 31%. Certification similarly reflects a growth MT during the 4th quarter During the 4th quarter of 73% from the Rs 3,610 of FY 2019-20, which is best VIS News Service Marketing & Sales), Tata of the financial year turn- crore achieved in FY 2019- ever production and sales Steel, said: “GreenPro over stood at Rs 6,848 ata Steel becomes the 20. figures not only for 4th Ecolabel for rebars is a crore compared to Rs first Indian steel com- NMDC recorded Profit Quarter but also for any T significant milestone in 3,187 crore in the CPLY. pany to receive the before Tax (PBT) of Rs quarter since inception. our endeavour to create GreenPro Certification for sustainable products for Rebars. GreenPro building homes and in- Vizag Steel Ecolabel enables the end- JSW Steel Output frastructure. Our R&D, users to make an informed Technology and Manu- Conducts choice about buying steel Rises 10 % May’21 facturing teams have having the lowest environ- developed steel prod- Mock Drill VIS News Service mental impact. LT in the year-ago month. VIS News Service ucts with an This certifica- VIS News Service ‘The capacity utilization environment SW Steel has posted a 10 r. Vineet Pandey, tion has made per cent growth in its remained at 91 per cent in friendly foot- ashtriya Ispat Nigam J MCVO, SAIL Tata Tiscon crude steel production at May as the liquid oxygen print.” Limited- has been given additional the first R 13.67 lakh tonne (LT) for supplies were over 30,000 GreenPro is Steel Plant charge of Chief Vigilance GreenPro certified Rebar May 2021. The company tonnes for medical purposes Officer (CVO), NMDC a type 1 eco-label by CII conducted a Full-Scale brand in India. had produced 12.48 LT steel from the steel complexes of Ltd. GBC for building materi- Mock Drill to test the On- Steel rebars are used in in the same month last year, the company across India, als and it is recognised in Site Emergency Prepared- An officer belonging of multiple industries and ex- the steel maker said in a as against over 20,000 IGBC Green Building Rat- ness following an imagi- 1994 batch of Indian Rail- tensively used for construc- regulatory filing. tonnes in April 2021,’ the ing System. Builders who nary fire at Crude and Fin- ways Service of Electrical tion including home build- company said. are opting for green build- ished Product storage of In May, JSW Steel said Engineers (IRSEE) he has ing. Green buildings are JSW Steel Ltd is the worked in prestigious ing rating system will now Benzol Plant. Joint Chief its output of flat-rolled prod- critical for future growth flagship company of the di- organisations such as In- be able to benefit from us- Inspector of Factories Mr. ucts also registered a rise of and development where versified USD 12 billion dian Railways, SAIL, ing Tata Tiscon rebars in J Shiva Shankar Reddy, 10 per cent and stood at the GreenPro certified JSW Group which has a RITES and Central Elec- their construction. The ob- was witness 9.99 LT, as compared to 9.05 rebars will have a notable leading presence in sectors tricity Authority. He is a jective of the GreenPro to the mock LT in May 2020. impact in reducing the en- such as steel, energy, infra- Graduate in Electrical En- eco-labelling programme is drill. The production of long- vironment footprint. gineering from Malviya to promote sustainable rolled products was at 3.09 structure, cement, sports During National Institute of Tech- Mr. Peeyush Gupta, products in the building LT, up 55 per cent from 2 among others. the mock nology, Jaipur. Vice President (Steel sector. drill, the fixed firefighting installations GoI auctioning 36 billion tonnes of reserves such as Shell Spray Sprin- kler Systems, High Range VIS News Service coking coal blocks. This livelihood.” lighted. pation and has offered coal Fire Monitor Systems, will also reduce India’s de- Mr Nagaraju also “The Government will blocks which are ecologi- Foam Flooding Systems etc r M pendence on imports,” he stated that this is the right be standing with the indus- cally and economically sus- were put in operation and M added. time for us to extract the try in every step,” he noted. tainable,” added Mr other Communication fa- Nagaraju, Additional Sec- Addressing the coal available in the coun- Mr Vinod Kumar Tiwari, Tiwari. cilities like Emergency retary & Nominated Au- virtual ’2nd Stakehold- Additional Highlighting that the Manual Call Point and Si- thority, Ministry of Coal, ers’ Consultation on 2nd Secretary, most attractive coal blocks ren System were used. Govt of India, has said that Ministry are on offer, he mentioned the government is offer- Tranche of Auction of Emergency services of Coal, that the investments in coal ing 67 coal blocks and it Coal Mines for Com- like CISF Fire wing, Medi- Govt of mines are going to be totally will be the biggest offer in mercial cal services, Gas Safety, India said safe and prices of coal will the country till now. Mining,’ organized Maintenance, Safety De- by the Ministry of Coal, that the continue to stay attractive partment, CISF (Security) “Out of the 67 coal Govt of India jointly ministry due to the huge demand for and HR dept etc. actively blocks, 6 are coking coal with FICCI as the In- has made coal. “This is the best pe- blocks, 61 are non-coking participated stated an offi- dustry Partner, Mr huge ef- riod to make investments coal blocks, 30 are par- cial release from RINL. Nagaraju said, “De- forts to and book profits in the next tially explored and 37 are Mr. Shiva Shankar spite the pandemic, the shortlist 20-30 years,” added Mr Reddy, applauded the ef- fully explored coal blocks. response from the indus- try. “We are partnering coal blocks for the auctions Tiwari. We are auctioning 36 bil- forts of VSP in conducting try so far has been very with the private sector to and have focussed on ease After the success of the lion tonnes of reserves by the mock drill successfully good. Most of the reserves boost this sector. The of approvals and early 1st tranche and positive re- the end of this under the guidance of Mr. are located in the back- whole process is very operationalization as one of sponse received from the month(June’21) and ex- K V Vidyasagar, Chief ward regions of India and transparent, and the Na- the factors. industry, 19 mines were suc- pecting very good re- Emergency Co-ordinator, the development of these tional Coal Index captures “The Ministry has also cessfully auctioned in the sponse from the industry & Executive Director coal blocks will provide the market prices of coal changed the methodology first round of commercial both on coking and non- (Works) I/c, RINL. these people with good in the country,” he high- for ensuring greater partici- coal mining auctions. June 16-30, 2021 Port VIZAG INDUSTRIAL SCAN 3 IOC wins bid for AP Transports over 9 Bunkering at NMPT crore Ltrs of Milk to Delhi

VIS News Service the frequency of the train and H. Nizamuddin (2300 VIS News Service lore won the bid H1 by release, NMPT explored was increased to run as a km) is being covered Doodh Duronto” special offering highest minimum the possibilities of improv- daily special from 15th July, within a reasonable time of ew Mangalore Port trains started by South volume of bunker offered ing the facilities in the ser- “ 2020. 30 hours stated an official Trust recently signed Central Railway as a N by a firm. vice sector especially in release from an agreement with Indian unique con- Bunkering is a facil- area of Shipping and in SCR. Oil Corporation Ltd., Ban- line with the guidelines cept to trans- ity of supplying of fuel for As per the re- galore for providing Bun- and directives received port milk for h Milk transported from use by ships and includes lease Doodh kering Facilities to the from the Min- balancing the Duronto specials ships visiting istry of Ports essential com- Renigunta to the are run with nor- harbour and Waterways & modity supply mally 06 Milk ships at an- Shipping. chain across National Capital chorage / off- the nation has tankers, each milk Consider- shore at the transported h A total of 2248 Milk tanker having a ing the strate- Port. nine crore capacity of 40,000 gic location of litres of milk as tankers were transported liters i.e., totaling NMPT the port among of 22nd June, to 2.40 lakh liters had invited the international sea through 394 trips 2021. of milk in a train. tenders from firms having the shipboard logistics of routes, it is possible to So far, around experience in supplying loading fuel and distribut- provide bunkering ser- These spe- Transportation of Milk 394 trips of Doodh bunker fuel for the work ing it among available vices to ships within the cial trains were started on by rail from Renigunta to Duronto special trains of “Providing Bunkering bunker tanks. The Port port area connected to all 26th March, 2020 and are New Delhi plays a vital have been operated total- Facilities to the ships vis- had aimed to provide all berths and also those an- being operated from role in balancing the Milk ing to 2,248 milk tankers iting harbour and ships at the required facilities to chored outside the Inter- Renigunta in Andhra supply across the nation. duly transporting 9 crore anchorage / offshore at the shipping community national waters. After the Pradesh to H. The Zone has been oper- liters of milk. Since intro- New Mangalore Port for in general and for the formal contract agreement Nizamuddin. ating “Doodh Duronto” duction of this novel initia- a period of Five (05) port users in particular in the expected minimum Initially the train was special on par with Mail tive, these trains have been Years. M/s. Indian Oil a phased manner. cargo to be handled will be running on alternate days, express trains and the dis- operated continuously so Corporation Ltd., Banga- 90,000 MT annually. but with increased demand, According to a press tance between Renigunta as to ensure that the sup- ply chain of this essential India’s Exports up 46% in June 1-14 DPT VPT commodity is not affected organising during these critical times. VIS News Service As per the data imports too rose by 98.33 handles 1st special vacci- Mr Gajanan Mallya, per cent to $19.59 billion during the period. General Manager, SCR ndia’s exports rose by 46.43 per cent nation drive appreciated the continuous to $14.06 billion during June 1-14 on Exports of sectors such as engineering, shipment I special vaccination efforts of the staff and Of- account of healthy growth in shipments gems and jewellery and petroleum products ficers of Guntakal Division in sectors such as engineering, gems and are recording healthy growth rates. Exports of Organic Adrive for those who are and Zonal Headquarters in jewellery and petroleum products, accord- during Apr-May this fiscal year jumped to 18 years and above is being the mobilization of milk to ing to preliminary data of the Commerce USD 62.89 billion, as against USD 29.41 Soya Meal organised by the Trust cater the needs of the Na- Ministry. billion in the same period last year. VIS News Service (VPT) from June 21. The vac- tion. He expressed his hap- cination programme is being piness with regards to he first ever shipment transportation of 9 crore VOC Port sees surge in Tof Organic Soya Meal conducted at Golden Jubilee in bulk from India to Balti- Hospital, DLB Hospital, Sports litres of milk and the Zone more, USA was handled at Complex, Chinamushidiwada playing a key role in balanc- Windmill blades traffic Deendayal Port (DPT), Dispensary Branch and Murali ing the supply chain of the Kandla recently. Nagra Elementary School area. country. VIS News Service ited, the vessel agent, M/ mill blade manufacturer in Acting as the CHA, Ste- s. B.S.V Shipping Agen- India, M/s. TPA Indus- vedore and handling agent, .O. Chidambaranar cies, and the Stevedore, tries, Chennai, shipped the Mystic Shipping Pvt. Ltd., co- “Govt to bring In- VPort handled a single M/s. Century Star, appre- above consignment ordinated with the DPT au- export consignment of 24 ciated VOC Port’s capa- through VOC Port, for thorities in loading the cargo land Vessel Bill” windmill blades of length bility and efficiency in han- which M/s. DSV Air & 77.50 metres, the longest of Sea Pvt Ltd., were VIS News Service its kind handled the handling through VOC Port. agents. nion Minister Mansukh The Vessel ‘M.V. Overall, V.O. U PAC Alcor’, with Mandaviya has said that Chidambaranar the government will intro- Length overall (LOA) The Port handled Port is witnessing a of 199.9 metres, was duce the Inland Vessel Bill surge in wind power in Parliament to ensure berthed at the Port on on the vessel MV IKAN 4462 Windmill components hitting safe transportation and June 10, 2021 and the its docks by han- PULAS. The vessel agent loading of the 77.50 was Tristar Logistics India trade through inland wa- blades & towers dling 423 Windmill ning vessels from one state metre long wind Pvt. Ltd. The shipment was ters. blades & frames to another, the vessel own- blades were carried destined to Baltimore, USA. Speaking to in FY’21 during this financial ers had to take permission out, using Ship’s Hy- As per an official re- presspersons in New Delhi year mid-June. from both states, which draulic cranes and During the last fi- lease from DPT a total recently Mr. Mansukh quantity of 7962 MT was was causing problems. Harbour Mobile nancial year, the Mandaviya said the Union loaded on to the vessel us- Under the leadership of Cranes of the Port. Port had handled Cabinet headed by Prime ing a single hold and by abid- the prime minister, India The blades were dling such over dimen- 4462 Windmill blades & Minister Mr. Narendra sional Cargo and assured ing to the port norms. The Modi, has approved this has operationalised 4,000 transported by M/s. NTC towers. VOC Port loading operation was com- their committed and con- decision. km long waterways, Logistics India Private Chairman Mr. T.K. pleted in 46.5 hours. tinuous support for further The bill also envisages Mandaviya added. Ltd., using specialized wind Ramachandran, The vessel agents, steve- shipments stated a release bringing uniformity in the The bill aims to promote blade and tower transpor- IAS congratulated the Port dore, custom broker and han- from VOC port. economical and safe trans- tation flat bed trucks all the officials, Agents, Transport- dling agents expressed their application of the law relat- portation as well as trade way from Sriperumbudur It further informed ers and exporters for their thanks to Mr. Sanjay ing to inland waterways and to Tuticorin. The blades that on June 9, the Port continued patronage in Mehta, IFS, Chairman, Mr. navigation within the coun- through inland waters and were set sail to the Port of had handled 84 Windmill making VOC Port, the pre- Nandeesh Shukla, Deputy try. bring uniformity in the ap- Aransas, USA. blades of length 74.9 ferred Gateway for Export Chairman, Mr. G. R. V. The Minister of State plication of the law relat- ing to inland waterways and Both The Shipper, M/s. metres in a single consign- of Windmill blades and Prasad Rao, Traffic Man- for Ports, Shipping and Wa- navigation within the coun- Nordex India Private Lim- ment. The Vestas Wind- Towers’. ager and team. terways said that for run- try. June 16-30, 2021 City / State VIZAG INDUSTRIAL SCAN 4 CM assures school staff AP urges centre to set of no layoffs under NEP up Cracker complex Instructs officials for NEP’s smooth implementation VIS News Service Corporation was supposed Pradesh government’s sup- to examine the feasibility port in the form of Viability he Ministry of Petro VIS News Service of a greenfield crude oil re- Gap Funding (VGF). leum and Natural Gas T finery and petrochemical Mr. Goutham Reddy he Chief Minister has constituted a working complex in the State within stated that the project Mr. Y.S. Jagan group under the chair- T six months from the ap- would become viable with- Mohan Reddy stated manship of Joint Secre- pointed day in compliance out any VGF due to a re- that the New Education tary (Refineries) for es- duction in corporate Policy (NEP) would be tablishing a petrochemi- tax and a worldwide very much useful to stu- cal cracker complex at dip in interest rates dents and teachers and Kakinada in the wake and asserted that instructed officials to of discussions between the cracker com- draft an action plan for Union Minister for Pe- plex would be a ma- its smooth implementa- troleum and Natural jor contributor to the tion. He further ordered Gas Mr. Dharmendra teacher teaching all subjects the officials to strengthen Prime Minister’s vi- that one or two govern- Pradhan and Industries is also incorrect, he felt. laboratories and libraries in sion of a $5 trillion ment junior colleges be Minister Mr. Mekapati schools and provide better economy. set up in every mandal to Mr. Jagan Mohan Goutham Reddy in internet facilities in school impact good quality edu- Reddy said that no em- New Delhi recently. Mr. Pradhan ployee would be laid off libraries. promised to extend cation. According to a press with Section.93(4) of the from schools and He said the government all support for the establish- The CM explained release, the Ministry has Andhra Pradesh (AP) Anganwadi centres, and no is looking forward to teach- ment of the project. Minis- that the main purpose of advised Engineers India Reorganisation Act, 2014. centre would be closed. In- ing in the English medium, try Secretary Mr.Tarun the new policy change is Limited and SBI Caps to stead, changes were being striving to provide quality Accordingly, the Kapoor and Andhra to keep the teacher-stu- rework the financials in made for synergy between education to the children. HPCL-GAIL consortium Pradesh Chief Secretary dent ratio rational. For in- view of the recent regula- them. He called for creating carried out the feasibility of Mr.Aditya Nath Das and stance, he said it is not tory changes in corporate awareness among teach- setting up a 1 MMTPA Special Chief Secretary (In- appropriate to have one The Chief Minister made tax and interest rates in ers, public representatives cracker complex at dustries and Commerce) teacher for four students it clear that all schools shall order to take the strate- and others on the NEP and Kakinada with an invest- Mr. R. Karikal Valaven or a single teacher for a have playgrounds and or- gic project forward. In- the officials should clarify ment of Rs. 32,900 crore were present in the delib- large number of students. dered land acquisition wher- dian Oil Corporation or their doubts. and sought the Andhra erations. The approach of a single ever necessary. He asked SBI sanctions Rs 2k crs in AP FM Calls on FM Contd. from Page 1 Andhra Pradesh under this And in order to further pitals, diagnostic labs, nurs- the covid-19 pandemic. scheme. A diverse mix of provide support to the ing homes, pathology labs our customers have availed healthcare sector, SBI re- etc. are covered under this ECLGS was unveiled as this facility’ said Mr Sahay. cently launched the scheme wherein the mini- part of the Rs 20 lakh crore Aarogyam healthcare busi- mum amount lent is Rs 10 comprehensive package He further informed ness loan to help enterprises lakhs with a maximum of announced by Finance Min- that clients across sectors in the health care industry. Rs 100 crores (in metro istry on May 13th 2020. The utilized the scheme from cities). scheme since then has been restaurants to healthcare to ‘This SBI scheme cov- extended and amended a hotels etc. ers the entire gamut of the One of the benefits of few times to accommodate In terms of the top dis- healthcare ecosystem and is this scheme is that loans up inister for Finance Mr. Buggana Rajendranath more sectors to avail the tricts that received this designed to specifically help to Rs 2 crores would be MReddy called on Union Minister for Finance Ms. scheme. amount they included companies operating in this given collateral free while Nirmala Sitharaman in New Delhi and urged the latter space’ informed Mr Sahay. above that threshold would to release pending arrears. The Minister said the State ‘We have had a good Vijayawada, Vizag and Guntur. Enterprises such as hos- need collateral. finances had been hit by lockdowns over the last one response from our clients in year. Mr. Rajendranath Reddy said the State government was also spending heavily in treatment of patients in- fected with COVID-19 and now Mucormycosis. Chief Railways New Door to Door fa- Secretary Mr. Adityanath Das and Secretary Finance cility for people moving cities Mr.S. S. Rawat were also present.

VIS News Service The Agency, Sri Sai This service is particu- AP legislative Enterprises, will provide larly helpful to people who n what could be a big re 9 Packing to comprehensive solutions want to transport their two lief for people shifting cit- Council gets new I to the customers who want wheelers by trains. People ies and wanting to take be done by can get professional their two wheel- packing done and also profess protem Chairman ers or luggage have their vehicle along, the Waltair picked-up from their ionals VIS News Service Yadav, Mr. Thota Division of East home itself for trans- Thrimurthulu and Mr. Coast Railway portation by railways 9 enior MLC Mr. K. Mohan Raju as has started an in- Door to Door just by dialing Mobile S Vitapu MLCs under Governor’s novative passen- No. 8885673389 or log- delivery/ Balasubramanyam quota. ger friendly facil- was appointed as ging to https:// Meanwhile Mr. ity at Protem Chairman of railparcel.co.in/. pickup Mohan Raju paid a Visakhapatnam AP Legislative Council Speaking on the oc- courtesy visit to Chief Railway Station. by AP Governor Mr. to send their parcels on casion DRM Mr. Chetan Minister Mr. Y.S. Jagan As per an official re- port their belongings. Ear- Biswabhushan Railways. Kumar Shrivastava said Mohan Reddy and lease from the division lier, no such packing ser- Harichandan. The agency will provide that it is yet another first of thanked him for select- packing of two wheelers, vice with prescribed rates Balasubramanyam was manpower and packing its kind customer friendly fa- ing him for the MLC parcels & passenger lug- at Railway station were elected as MLC three material to meet the re- cility at Visakhapatnam rail- post. Deputy Chief Min- gage with optional facil- provided said the DRM times. quirements of customers at way station with Parcel ister Mr. Alla ity of door pickup & door and complemented the Parcel office and other op- Packing and allied services Recently the Gover- Kalikrishna Srinivas delivery has been intro- Divisional authorities for tional value-added services at the door step of the cus- nor appointed Mr. and Bhimavaram MLA duced at Visakhapatnam the customer-friendly ini- said the release. tomers who want to trans- Lella Appi Reddy, Mr. Grandhi Srinivas Railway Station. tiative in parcel packing. Mr. R V Ramesh were present. June 16-30, 2021 City / State VIZAG INDUSTRIAL SCAN 5 NEW APPOINTMENTS GoAP invites Pvt. Sec- New MD & CEO of AP Tourism tor in Food Processing r. S. Satyanarayana, a 2006 Calls for EoIs to develop Secondary Plug&Play units M batch IAS officer is posted as Managing Director, A.P. on lease for a fixed term Tourism Development and Chief Chavi Kaul cessing units. each parliamentary con- basis the fixed lease amount Executive Officer, A.P. Tourism As per the government stituency summing up to he Government of forty-two (42) product spe- and/or revenue sharing ba- Authority. the main criteria of this new TAndhra Pradesh in- policy is to involve MNC cific units. sis which shall be decided tends to develop Secondary players with an established These processing units in the selection process dur- APSFL reconstitutes Plug and Play Food Process- market, having National/ will be built in accordance ing the RFP stage. ing Units, in proposed con- Eligible MNC’s who SLIC panel stituencies where related have expertise in handling raw material is available bulk volumes capable of ab- he government has recently reconstituted the in surplus. Andhra Pradesh State FiberNet Limited, sorbing the surplus volume T In the current sce- Vijayawada, State Level Implementation Committee h Cos must have minimum 5 years shall be given preference. nario farmers produce is (SLIC) to oversee the progress of the BharatNet These companies with es- not always guaranteed tablished markets shall oper- Phase-II under State Led Model consequent on real time experience in Food, to the desired demand ate the secondary food pro- transfer of subject from infrastructure & Investment and quality. The burden Agri, Dairy or Aqua processing cessing units to absorb the Department to Energy Department: The Chief lies on the government maximum surplus. Secretary to Government of Andhra Pradesh will be to provide the MSP to This system will create a the Chairman. The Secretary to Government (Energy), h Cos with global footprints shall the farmers and to store Win- win situation for farm- Secretary to Government (Finance), Principal and distribute the yield. be preferred ers and industries both as Secretary to Government (ITE&C) and The Chief According to the state govt shall establish the req- General Manager, BSNL of the State/Circle will be its government the yield is uisite industry/ processing members. The Managing Director, APSFL would be either being under rated h Last Date of EoI submission: July unit/ factory and supply raw the Convener, according to a GO issued by Srikant or being rotten in gov- materials to them, saving the Nagulapalli, Secretary to Government. ernment godowns due 10th, 2021 industries from the capital to lack of channelization cost and the private indus- in distribution. There- tries will operate the units, Narasimha Rao posted to fore to minimize post- International presence of with the current processing market and sell the produce. harvest losses and to cre- processing a diverse distri- trends and modern infra- The EoI document along ate modern infrastructure APMB bution and customer chain. structure meeting global with the Project information in secondary food pro- Also as part of the new standards. can be accessed from http:// he government has posted Mr. M.L.Narasimha cessing the government processing food policy The risk of Capital in- apfps.com/ and the last date Rao, MPDO (Deputy Director Cadre), PR&RD (APFPS) has invited ex- T GoAP will develop second- vestment towards establish- for submitting EoIs is July Department, who is on deputation in APIIC, as pression of interests from ary food processing infra- ment of these units is to be 10th 2021. You can also General Manager, Ramayapatnam Port Development reputed companies for the structure with ready to op- taken up by the State Gov- write to [email protected] for Corporation in AP Maritime Board, Ramayapatnam operation and maintenance erate plug & play units in ernment. They will be given further details. in Prakasham District for a period of one year. of secondary food pro- GoAP invites apps for over 10K vacancies

VIS News Service two years. It also ful- 3,99,791 outsourcing filled the decade-long jobs and 19,701 con- he Chief Minister Mr. dream of RTC employ- tract jobs were pro- TY.S.Jagan Mohan ees by merging the Road vided to youth. Reddy recently released Transport Corporation In just four months, the job calendar for the with the State govern- 1.22 lakh permanent year 2021-22to fill the ment as promised in the jobs in village and ward 10,143 vacant posts, as YSRC poll manifesto, secretariats were pro- promised in the election he said. vided as promised. manifesto. Further, a volunteer h Over 6 lakhs jobs provided to system was introduced educated youth in last two years to promote the sense of h Increased salaries of over 7 lakh service among the staff unemployed youth and The entire recruit- 2.5 lakh youngsters Speaking on the oc- ment process will be were appointed as vol- casion, the Chief Min- done in a transparent unteers, the Chief Min- ister termed it first of manner without giving ister said. “We have its kind in the history of scope for corruption or increased the salaries AP where the unem- involvement of middle- of 7,02,656 staff, who ployed would know the men. The recruitment were paid a meagre exact month of job no- will be based on the amount during the pre- tification release and marks obtained by can- vious government,” he the number of posts didates in the written said. The YSRC govern- that are vacant. test conducted by the ment had set up APCOS The Chief Minister government without any to ensure transparency said his government interview,” he said. in recruitment and wage had provided 6,03,756 A total of 6,03,756 payment without giving jobs to educated youth jobs, including 1,84,264 any scope for corruption, in the State in the last permanent jobs, he said. June 16-30, 2021 City/State VIZAG INDUSTRIAL SCAN 6 Container shortage adds to surging bulk rates

Contd. from Page 1 tainers globally, thereby re- of the transhipment hubs – And it is not just the in its volumes from VPT. a huge problem. 50% of my sulting in steep rise in con- Colombo, Port Kelang, surge in volumes and de- ‘JSPL’s volumes from VPT vehicles are stranded due to Industrial Scan. tainer freights in all the trade Singapore etc. mand for commodities that have substantially increased non-availability of drivers’ said Barring petroleum, VPT lanes. Agreed Mr G has led to the skyrocketing from 2 lakh tonnes per year Mr Sambasiva Rao. Sambasiva rates but the reluctance of to 1 million tonnes a year over Going forward the indus- Rao, MD ships to call in India due to the past 2 years’ said Cap- try is hopeful of things set- Sravan ship- the COVID-19 variant in tain Shukla. tling down by the 3rd quarter ping and said India. Analysts opine steel ex- i.e. if the third wave doesn’t ‘Shortage of Analysts opine that these ports to continue to be strong have an adverse effect. As containers has rates don’t seem to be com- as domestic demand remains Mr Rahul puts it ‘If at all, there most certainly ing down anytime soon. subdued. is another wave of the virus led to an in- ‘In our view crease in break the annual world bulk cargo vol- average 1-year umes’. TC rate for a Commodi- standard ties such as Supramax vessel steel, ferro will rise by an Source: Drewry Maritime Research chrome and additional rice are now $5,500pd in 2021 By virtue of which it has has seen a surge in handling being sent in break bulk and then further been observed that sizable mode. by and additional of commodities like iron ore, volume of containerized Rice for instance has $1,300pd in raw fertilizer and coal. cargo has been migrated to made a comeback to VPT 2022’ said Mr ‘We have seen a strong break bulk and bulk mode after a hiatus of over a de- Rahul Sharan, upside in break bulk vol- of shipping’ said Mr V cade. Senior manager, Source: Drewry Maritime Research umes’ said Captain Jeevan Vikas, VCLA With volumes and de- Drewry a mari- Siddharth Shukla, Vice president & Vice president attack that might hamper the mand increasing freight rates time research firm speaking Rise in Ships Berthing President, Head Bulk Cargo Seaways shipping and logis- country’s non-coking coal im- for break bulk cargo have to Vizag Industrial Scan. times & Offshore, Seaways ship- tics limited. ports over the next couple of increased significantly and New Cargo moves to With the increase in traf- ping and logistics Ltd. He further informed that quarters by denting its elec- doubled in some instances VPT fic ships wait times at VPT However what is sig- exporters of commodities tricity demand growth. The (See box). has also increased. nificant is that many car- like Rice and Steel have The surge in demand further set of lockdowns in goes which were earlier taken refuge in shipping Charter rates too have coupled with congestion at ‘Ships are taking 2-3 days the coming months will un- containerized or sent in con- their cargoes through the gone up significantly. ‘The Paradip port has helped cargo to berth at VPT earlier they dermine consumers’ senti- tainers have now made a break bulk/bulk modes due charter hire for a move to VPT. Commodities used to be berthed within 24 ment and will have a spill comeback to break bulk to the soaring freight levels Supramax from India has like Steel and others have hours’ said captain Shukla. over effect on the demand cargo. and non-availability of equip- gone up to USD 35,000 per seen sharp rise in exports Non availability of labour for industrial goods, thus, from the port. ‘The advent of COVID ment (20’ & 40’ containers) day from USD 15000 per is another glaring issue be- dampening industrial activ- 19 in 2019/2020 has led to and also huge space issues day in a span of 6 months’ JSPL for instance has ing faced by many port op- ity and electricity genera- an acute shortage of con- due to congestions at most said Captain Shukla. seen a gargantuan increase erators. ‘Labour shortage is tion’.

There has Shortage of A sizable definitely been containers has volume of an increase in most certainly containerized bulk cargo led to an cargo has handled at VPT increase in migrated to in this fiscal. We break bulk cargo break bulk and bulk mode have seen an overall growth of volumes. of shipping. 18% compared to the same period last fiscal. Mr. V Jeevan Vikas Mr. G Sambasiva Rao Mr. Durgesh K Dubey, IRTS VCLA, President MD Sravan Shipping Dy Chairman, VPT

In our view the The charter hire annual world for a Supramax average 1-year TC from India has rate for a standard gone up to USD Supramax vessel 35,000 per day will rise by an from USD 15000 additional $5,500pd in 2021 and INDUSTRINDUSTRYY per day in a span of 6 months. then further by and additional Captain Siddharth Shukla $1,300pd in 2022. Comments Vice President Mr. Rahul Sharan Head Bulk Cargo&Offshore, Senior Manager, Drewry Seaways Shipping &logistics Ltd. June 16-30, 2021 City/State VIZAG INDUSTRIAL SCAN 7 Air Cargo gets Operational AP invites Cos to set at Rajahmundry Airport up Animal Feed plants

as Seafood (fish, prawns, Chavi Kaul “We have got a good package, Animal Hus- crabs etc.), Kadiyam response to this EoI. In fact bandry Infrastructure De- Nurseries/ Flowers , live he Director of Animal we have already received velopment (AHIDF) Fund shrimp , Fruits , Vegetables THusbandry (DAH), 20 applications as of now has been approved with the , Medicines and also valu- has recently invited appli- out of which one of them total fund of Rs.15000 able cargo such as elec- cations from eligible enti- is for cluster development Crore for incentivizing in- tronic goods, Machinery ties to establish Animal program- It involves lab vestments by the above- parts etc. Feed manufacturing plants quality check related infra- mentioned entities to estab- Air transportation of / strengthening of ex- perishable cargo will pro- isting plants in the State vide direct benefit to local under the AHIDF We have already received 20 farmers and will also cre- scheme. Self Help ate direct and indirect em- Groups, Farmer Pro- applications as of now out of which Aditya Sabharwal logistics and allied ser- ployment while spurring ducer Organizations ( he Domestic Air vices company limited economic growth in the re- FPOs), Individual en- one of them is for cluster tities under MSME, TCargo terminal at (AAICLAS). gion said the airport direc- development program. Rajahmundry airport re- ‘This Cargo Terminal tor. Section 8 companies cently got operational af- will help bolster the In addition to this, it will are invited to apply as Mr Rahul Reddy ,Senior Officer ter getting the necessary trade & industry of the generate revenue for AAI they meet the eligibil- security clearances East & West Godavari as well as AAICLAS stated ity criteria under the APUIAML from Bureau of Civil Districts’ said Mr Mr Nayak. On the first day scheme. Aviation Security Nayak. As of now only of operations a consignment The objective of the structure, said Mr Rahul lish (i) Dairy processing and (BCAS). Indigo has been given per- of 5000 doses of Covid-19 scheme is to increase the Reddy, Senior Officer, value addition infrastruc- The airport Director, mission to operate air Vaccine (Covaxin) came in milk and meat processing APUIAML” speaking to ture, (ii) Meat processing Mr Manoj Kumar cargo flights from the air- through Indigo airlines as In- capacity and make avail- Vizag Industrial Scan. and value addition infra- Nayak informed Vizag port. bound cargo from able quality concentrated The government opines structure and (iii) Animal Industrial Scan that the Rajahmundry airport Hyderabad while Auto animal feed to the cattle in there is huge demand for Feed Plant. cargo operations will be has the potential to handle Spare Parts was sent out as turn providing balanced ra- animal feed plants and it Eligible entities are en- operated by AAI’s sub- different types of cargoes the first outbound cargo to titled to certain financial sidiary i.e. AAI cargo including perishables such Hyderabad. incentives under the Eligible entities are entitled to AHIDF such as Loan in- terest subvention of 3% Flood Lit Hockey field at RINL certain financial incentives can be availed by the enti- ties. was attended under the AHIDF VIS News Service In addition to the above, by Mr. the Eligible Entities being INL recently unveiled V.V.Venu supported under the tion at affordable prices, to Flood Lights at the gopal Rao, has been floating tenders AHIDF would also be eli- R promote exports and in- exclusive Hockey Field D(F), Mr. for the requirement of gible for benefits from Gov- crease the export contribu- Sector-1 in Ukkunagaram. F.K.Lakra, around 6000 metric tons ernment Schemes as per tion in the milk and meat Speaking on the occa- CGM (Town manufacturing capacity the scheme guidelines. Admn.), Mr. sector and for product di- sion, Mr. KC Das ex- though currently the capac- Interested companies R.P.Sharma, GM versification. pressed his happiness over resent the State and Nation. ity is only about 500 to 1000 can still apply as the appli- (Corp.Commn.), Mr.S. As per the state gov- the facility and said that he He appreciated the efforts metric tons. cations are being pro- Dash, GM (Elec.)/TA and ernment there has been an hoped this facility would be of the Town Admn. Dept, Under the Prime cessed on a first come first Mr. M S Kumar, GM encouraging response to utilized by children effec- FMD and Sports Dept. Minister’s Atma Nirbhar serve basis with no specific (Sports). this expression of interest. tively and will go on to rep- The inaugural function Bharat Abhiyan stimulus deadline. Cos supplying to Defence Mock Drill at are eligible for Refunds HPCL-VR

CA Anil Bezawada general are also eligible for these refunds. Due to dis- VIS News Service the refinery management for Inverted Duty Refunds :- ruption of Covid -19 many the Onsite emergency mock s per 54(3)(ii) of PCL – Visakh Refin businesspeople are suffer- drill exercise. CGST Act, 2017 Sup- h Government Contrac- ery recently con- A ing from cash crunch & H plies made to Ministry of tors ducted an onsite emer- He further appraised the working capital pressure. Defence/DRDO/Ship h Merchant Exporters gency mock drill. The ob- management regarding the Building Centre or any pub- selling the Goods It is high time for jective of the mock drill was minor gaps that were ob- lic funded research institu- @0.1% to the exporters businesspeople who are in to test the the above businesses to tion for research purposes h Engaged in execution of prepared- are eligible for refund of Solar Power Projects apply for refunds from the ness of Excess Input Tax under GST department so that it the refin- h Sellers of Granite slabs, this category. This is impor- Read Only Memory (CD- will give them some work- ery crew tant for traders and busi- ROM), recorded magnetic h Those who are in Min- ing Capital Cushion. in han- nesses to know as supplies tapes, microfilms, micro- ing, Unutilized balances in dling tank made to these organizations fiches, electrical items, bat- h Suppliers to Railways Cash ledger, TDS Credits fire emer- attract GST @ 5%. teries, regulators, coils Pro- h Boat manufacturers, also can be claimed as gencies. Refund. GST department List of items eligible for totypes or any other goods Though there are many Through this mock drill, it is sanctioning these re- served while performing the Refund for research purpose sup- suppliers/businessmen en- was also intended to test the plied to Ship Building Cen- funds. emergency response and drill and advised manage- Goods such as Scientific gaged in the above busi- tre are eligible for refund (The writer is a Chartered skill level of emergency ment to work on bridging the and technical instruments, ness somehow due to lack of closing Input Credit. Accountant, partner in crew in handling such ma- gaps. apparatus, equipment (in- of knowledge, confusion, Hiregange & Associates. He is After the mock drill, a cluding computers); acces- Other Sectors eligible divergent practices in the jor onsite emergency sce- also CMA, LL.B specialized review meeting was con- sories, parts, consumables for Refund GST department compa- narios. and domain expert in Customs, ducted in Refinery Emer- Apart from the suppli- nies are not applying for Joint Chief Inspector of and live animals (experi- Goods & Service Tax Law, For- gency control centre which ers to Ship Building Centre these refunds. Very few Factories Mr. J Siva mental purpose); computer eign Trade Policy, EOU’s and was chaired by ED – Visakh software, Compact Disc- the following persons in people are applying for SEZ’s.) Shankar Reddy present at the mock drill complimented Refinery Mr.V. Ratanraj. June 16-30, 2021 Classifieds VIZAG INDUSTRIAL SCAN 8

Authorized Distributor SREE RAMAKRISHNA SANITARY STORES SREE RAMAKRISHNA SANITARY

Motors, Pumps, Sanitaryware, G.I. M.S. PVC Pipes & Fittings # 9-13-7/2, New , Opp: Swarana Bharathi Stadium Visakhapatnam - 530013 P: 2703655, 2504228 E: [email protected]

Statement of ownership and other particulars of the Vizag Industrial Scan, Visakhapatnam, as required under rule 8 of The Registrar of the Newspaper (Central) Rules, 1956

Form-IV (See Rule 8)

1. Place of Publication : Visakhapatnam

2. Periodicity of its publication : Fortnightly

3. Printer’s Name : D.S.V.R.K. Raju Whether citizen of India : Yes Address : G.K. Press, Rednam Gardens Ramnagar Vizag Industrial Scan’s Visakhapatnam-3 ‘industry-startup connect’ Tell us about your 4. Editor’s Name : A.K. Sabharwal Whether citizen of India : Yes initiative aims to connect company, area of work, Address : 101, Aspen Heights Daspalla Hills startups with local industry so team and importantly Visakhapatnam-530 003 that it can be mutually who your target 5. Name and address of : Shravani Publications Individuals who own the Private Limited beneficial to both startups and segment is. For startups Newspaper 101, Aspen Heights Daspalla Hills industry. that qualify shall get Visakhapatnam-530 003 featured in and So if you are a startup and want 6. Shareholders holding more : Mrs. Meena Sabharwal Vizag Industrial Scan than one per cent of the to connect with the Industry total capital in your area of work write to I, A.K.Sabharwal, here declare that the particulars given above are true to the best of my knowledge and belief. us.

Dated: 30-06-2021 Sd/ A.K. Sabharwal Publisher

Regd.No.69375/98 - Printed by D.S.V.R.K.Raju and Published by A.K.Sabharwal, Printed at G.K.Print House Pvt Ltd, 10-12-5/3, Jail to Apollo Hospital Road, Ramnagar, Rednam Gardens, Visakhapatnam - 530 002 Published at 101, Aspen Heights, D.No.11-9-38/5, Daspalla Hills, Visakhapatnam - 530 003. Phone : 0891-2799969, 2714575 Fax: 0891-2539443 Editor - A.K.Sabharwal June 16-30, 2021 Classifieds VIZAG INDUSTRIAL SCAN 9

FIRE EXTINGISHERS VALVES & HOSES

HOSE REEL SPRAY NOZZLES HOSE BOX

FIRE MONITORS & SIGNAGES BRANCHES

# 14-1-9, 1st Floor Nowroji Road Opp: CMR ware house Building, Post. Visakhapatnam - 2 E:[email protected] 9849035527 9951308899 VisitingVisiting Vizag?Vizag? Here’sHere’s helphelp forfor youryour accommodationaccommodation For Delivery Name of Hotel Person to Contact Tel No. Issues Keys Select Hotel Mr. Pavan Kartheek (GM) 0891-6694444 -:Call :- Novotel Varun Beach Mr. Ravi Rai (GM) 0891-2822222 9441106114 Hotel Daspalla Mr. S.Prasanth (GM) 0891-2564825 Hotel Green Park Mr. Ramakrishna (GM) 0891-6615151 ITC Welcome Hotel Mr. Rajesh Nath (GM) 0891-6600101 Devee Grandbay Hotel The Park Mr. Jaydeep Biswas (GM) 0891-3045678 The Gateway Hotel Mr. J.Gopalakrishnan (GM) 0891-6623670 Hotel Palm Beach Mr. Sandeep Reddy (GM) 0891-2754026 Best Western Mr. John Ravi Kiran (GM) 0891-6677880 Plus Tejvivaan June 16-30, 2021 Trade Scan VIZAG INDUSTRIAL SCAN 10 List of Top 20 Exports from Vizag Unit FOB RITC Description Of Goods Quantity DESTINATION ( in Lakhs)

3061720 Raw Frozen Headless Shellon Shrimps 17746879.43 KGs 96907.49 USA/Norfolk 76011010 Alluminium Ingot 99.7% 31021.231 KGs 57344.36 Huangpu/Incheon/ Shanghai 28182010 Calcined Allumina 121584 KGs 30807.74 London, Jebel Ali 72024100 High Carbon Ferrochrome 33485.94 MTs 29208.42 Bangkok, Busan 26011142 Iron Ore Fines FE-57% 438911.9 MTs 28507.04 Quingdao, Rizhao, Tianjin 26011210 Iron Ore Pellet FE-63% 184264.3 MTs 27550.15 Lianugang, Son Duang Port, Jiangyin 72023000 Ferro Silicon Manganese 191432.36 MTs 19720.87 Taichung, Callao, Jebel Ali 72071990 Prime Concast Steel Billets 40429.054 KGs 18487.08 Davao, Surabaya 27101942 VGO 52369.55 KGs 16488.88 Pulau, Sebarak, Yosu 16052900 Cooked Frozen Shrimp 1956444.287 KGs 14399.8 Baltimore, USA, Miami 10064000 Indian Paraboiled Rice Broken 3962450.9 MTs 13731.87 Shekou, Xiamen, Lae 10063010 Indian Long Grain Paraboiled Rice 1477689.471 MTs 11591.35 Coranou, Lae, Lome 10059011 Indian Yellow Maize 63213 KGs 11413.45 Tan Cang, Cailan 72085110 Prime Mild Steel Hot Rolled Plates 18328.657 KGs 9243.91 Jebel Ali 72021100 Ferro Manganese 11226 MTs 9027.27 Baltimore, Bilbao, Santos 38089390 Amicarbazone Technical Tablets 730200 KGs 8554.18 Santos, Melbourne, Kobe 27131210 Calcined Pet coke 17400 MTs 5977.26 Ras Alzour 76012020 Alluminium Billet Alloy 2747.391 MTs 5468.64 Itajai, Genoa 25161100 Granite Blocks 9413.559 MTs 3851.22 Xiamen, Antwerpin 72071190 Prime Mild Steel Concast Billets 8120.04 KGs 3423.08 Davao, Surbaya

List of Top 25 Imports at Vizag Quantity for May, Duty for May, 2021 A.V. for May, 2021 CTH Description Of Goods 2021(in MTs) (Rupees in Crores) (Rupees in Crores)

27011920 Steam Coal 1916603 147.03 1034.88 27011910 Coking coal 1114775.929 124.03 1031.75 27131190 Pet coke 172232.217 93.42 301.56 27101241 Motor Spirit 24329537 90.36 83.97 31023000 Ammonium Nitrate 51717.7 44.54 142.95 84148090 Gas Compressors 5.46 25.86 93.25 31053000 DAP 54914 23.63 230.54 27111300 Butane 104754.33 22.50 435.80 27111200 Propane 79778.1 17.82 341.36 68151090 others 1659.23 17.72 57.20 85015390 Other Motors 6 15.58 50.29 31021000 Urea 68614.601 14.33 195.27 28141000 Anhydrous Ammonia 15452.98 13.20 61.63 25102010 Natural Calcium Phosphates 191316.5 12.84 182.53 28182090 Others 2132879.3 12.56 47.18 27101953 Grade MV2 Solvent 15500 11.83 48.30 26060010 Non Calcined Bauxite 472731.477 11.02 219.81 85059000 Parts 82679 9.48 34.20 27040090 Others 38446.19 9.26 85.93 40151900 Gloves, Mittens and Mitts 54456500 8.39 69.91 28261200 Alluminium Fluoride 2551040 8.27 29.81 28070010 Sulphuric Acid 59939.063 8.10 45.01 27011100 Anthracite Coal 62370.791 7.15 59.57 98010019 Machinery for Projects 557976.31 7.15 29.18 29051100 Methanol 13089.591 6.61 38.27 Data for May 2021 June 16-30, 2021 Startup VIZAG INDUSTRIAL SCAN 11 VIS Startup Focus DPIIT recognized Purushotham on UNIDO- ‘Ok’aying Delivery startups reaches 50K FLCTD VIS News Service Prime Minister Startup Policies to support panel Mr.Narendra Modi in startups. About 1.7 lakh jobs he Government said January, 2016. The ini- were created by recognized Tthat the number of tiative startups in the last financial Startups recognized by the is in- year. Department for Promotion tended The sectors that had the of Industry and Internal to maximum registered Trade (DPIIT) has catalyse startups were ‘Food Pro- reached 50,000. Startup startup cessing’, ‘Product Develop- India is a flagship initia- culture ment’, ‘Application Devel- tive of the Government and build a strong and opment’, ‘IT Consulting’ of India launched by the inclusive ecosystem for and ‘Business Support Ser- innovation and entrepre- vices’. neurship in the country. The Ministry said fund- Sylviee Soy MED VIS News Service Commerce and In- ing opportunities to startups TECHATHON dustry Ministry said, the have been enhanced perating in the lucrative and time sensitive de PIIT-IPR Chair and recognized startups have through the Fund of Funds former Chairman & livery space is this Vijayawada based startup, @ AMTZ now spread across 623 D O Scheme with an overlay MD, NRDC Prof. Ovkay. districts. Each State and VIS News Service of INR 10,000 and the re- Hanumanthu Specializing in intercity shipping the startup pro- UT has at least one cently launched Startup Purushotham, was re- vides end to end delivery services ranging from docu- ndhra Pradesh startup. The Ministry said, India Seed Fund Scheme cently nominated as one of ments to furniture to groceries to electronics and even AMedTech Zone 30 States and UTs have (SISFS) with an outlay of automobiles. (AMTZ) and MeitY announced specific INR 945 crores. the expert panel members Startup Hub is hosting Their service also includes packing facilities. of the Committee of United MEDTECHATHON- Nations Industrial Develop- Initially Ovkay's founders, Mr. John & Mr. NextGen Medical Device NIF invites entries ment Organization Praneeth found that connecting couriers with travel- Innovation Challenge lers saves significantly on time especially for light weight 2021. (UNIDO) to evaluate the packages that have a time deadline. MEDTECHATHON for Tech contest project proposals received initiative is part of the “Cen- under the Facility for Low However as the pandemic struck the startup altered he National Innova etc. leading to the reduction its business model and started focusing on 5 main ver- ter of Excellence in Medi- Carbon Technology De- cal Electronics and Bio tion Foundation in drudgery, livelihood gen- ployment (FLCTD) Innova- ticals i.e. Parcels, Buy&Delivery, Bike shipping, House (NIF)-India,T an autono- eration, development of plant Physics” at AMTZ and tion Challenge Programme shifting and B2B. MeitY Startup Hub Medi- mous body of the Depart- varieties or herbal remedies 'Just in the last 2 months we have shipped over 70 cal Device Innovation ment of Science and for human/ animal/ farming under Electrical Energy Stor- bikes across India' said Mr John. Similarly the startup Challenge. Technology, Government problems, or any other low age Vertical. The partners in cost sustainable green tech- has been aggressively catering to the house shifting The Challenge is invit- of India, has invited en- the program for implemen- tries of unaided techno- nologies. These should be tation are UNIDO, Bureau segment. ing applications from inno- unaided/ unsupervised and vations in essential medical logical innovations and 'Due to the pandemic many people moved places traditional knowledge de- an outcome of one’s own of Energy Efficiency, GEF, thereby creating the need for moving their goods too. EQUIPMENTS such as creativity, without any tech- Customized Energy Solu- Cardiorespiratory, Radiol- veloped at grassroots by Ovkay over the past few months has helped many people an individual (Citizen of nical support from external tions, India Energy Storage ogy and smart electronics agencies. in and around AP and Telangana in getting their stuff for health care. The appli- India) or group [check eli- Alliance and CII. gibility criteria]. transported' said Mr John. cations opened on June For the 13th National Bi- Vice-Chancellor Prof. Team Ovkay starts with the door to door pickup by 10th 2021 and the deadline As per NIF the inno- ennial Competition, the en- P.VG.D. Prasad Reddy th vations can be in the field tries can be submitted dur- packing of items and then puts the items onto their de- is 30 July 2021. Indian and Registrar Prof. V. livery partners. For transportation they currently rely registered startups, of agriculture, health, en- ing April 1, 2021 to March ergy, household or utility, 31, 2023, which is the last Krishna Mohan congratu- on the cargo section of trains and buses. MSMEs and innovators can apply. transportation, livestock date for submission. lated Prof. Purushotham. The startup claims to have delivered 300+ items worth Rs 3 crores in value. Their main destinations in- clude Bangalore, Mumbai, Chennai, Pune, Kolkata, Delhi, Kochi and states of AP and Telangana. Income Tax benefits to Startups in India Customers can log into their site and get quotes on an array of services and delivery options. Sumanth Karlapudi process, grant of various much needed stimulus to Ovkay makes money by charging the customer a tartup India is a flag tax exemptions and other the entrepreneurs to- fee that includes packing charges, transportation Sship initiative intro- benefits to startups. These wards developing their charges and on the per kg weight of the item. duced by the Government benefits support the startup start-ups and further act- Going forward the startup plans to expand into other of India in 2016 to build and are spread over criti- ing as a catalyst for the In- metro cities in the next two years and is also working a strong eco-system cal period of its life span. dia growth story. on a new & revised version of the app. for nurturing innovation One critical compliance for The Government may Below is a brief snapshot of the and start-ups in the coun- availing such benefits is look to further incentivise try that will drive sustain- company and founder: registration with Depart- this eco-system by provid- able economic growth ment for Promotion of In- ing a roll-over of the sun- Founders : John Chandrateja Ravapati, and generate large scale over 5.50 lakh people. dustry and Internal Trade set clauses. employment Rahul SV, Prashanth Ch, Praneeth K opportuni- Team: 15 Members ties. Five years since Incubated/Started (Year and City): 2019 August, the launch Vijaywada of the initia- Industry / Space : Shipping & logistics tive, and amidst a glo- Funding Received : Bootstrapped bal pan- Looking for: Funding demic, it is Market of Operation: PAN India quite en- couraging to Revenues: Rs 22 lakhs see India Claim to fame : Recognized by DPIIT count as one Company’s culture: of the larg- est startup Aggressive 9 Easy Going Methodical ecosystems PTIM (Person that inspires me): The CEO and in the world with 54+ founder of Facebook, Mr Mark Zuckerberg. It is unicorns The Startup India ini- (DPIIT). An overview of the way he works and resolves problems through the and over 50,000 recog- (The writer is Director, EY In- tiative is aimed at pro- the income tax benefits is dia. Sai Swarnalatha Gannu, use of technology is something that inspires me. He is nized startups and gen- Senior tax professional, EY also moting financing, simpli- shared in the table. contributed to the article.Views a true inspiration to startups. erated employment for fying the incorporation The above benefits give expressed are personal.) June 16-30, 2021 Update VIZAG INDUSTRIAL SCAN 12 Fleet awards BDL Regain India’s donates Maritime Glory: VP at ENC Rs. 25 VIS News Service ral Tarun Sobti, Flag Of- VIS News Service than leet Awards Function ficer Commanding East- lakhs 3.57 ern Fleet, hosted the he Vice President Mr. lakh 2021 were held re- VIS News Service F programme. TM Venkaiah Naidu crore of cently to mark the culmi- recently called for making harat Dynamics Lim infra- nation of the Operational INS Sahyadri was ad- India a leading maritime ited Visakhapatnam, a struc- Cycle of the Eastern Fleet judged the best ship of the B nation and emphasized the public sector undertaking un- ture in- important role ports will vest- der the Ministry of Defence, have to play in achieving ment. the ambitious vision. Re- Addressing a virtual ferring meeting from to the Visakhapatnam Port Trust Mari- (VPT) the Vice-President time In- recalled that ancient India dia Vi- was a great maritime sion has recently contributed Rs. power and that navies of 2030, sion plans by its chair- 25 lakhs under CSR initia- Chola and Kalinga kings Mr Venkaiah Naidu tives for purchase of oxygen used to rule over the man, Mr. K. Rama wanted the port to adopt Mohana Rao IAS. to Vizag Hospitals in view of oceans. “We have to re- global best practices in COVID Pandemic. gain that glory,” he said. operations and develop- He was apprised of Touching upon the de- ment. He said that the Vi- the port’s expansion The cheque was re- plans, including the pro- Eastern Fleet among velopment of the port in- sion-2030 is not impos- and to recognise accom- cently handed over to Col- posed establishment of a capital ships, INS frastructure in the coun- sible to achieve as India plishments of the ‘Sword lector Mr. Vinay Chand Rs. 406-crore Free Trade Arm’ of the Eastern Na- Kamorta received the IAS, by Mr. try, he said that as part has the inherent strength of knowledge and and Warehousing Zone val Command (ENC). Flag title of the most spirited S.V.Kameswar General of the ambitious wanted everyone to work (FTWZ) in an area of Officer Commanding-in- ship. INS Kiltan and INS Manager & unit head, Mr. Sagarmala project, more than 504 projects have together in the spirit of 103 acres. Chief ENC Vice Admiral Khukri won the best cor- D.S.N. Murthy HR-Head been identified to unlock Team India. Mr Naidu appreciated Ajendra Bahadur Singh vette trophy amongst cor- (VU) in the presence of GM the opportunities for The vice president the port’s green initiatives was the chief guest at the vettes and similar classes District Industrial Centre and port-led development and was given a detailed pre- and wanted them to focus event while Rear Admi- of ships. DM& HO Visakhapatnam. these initiatives are ex- sentation on VPT’s vari- more on renewable energy pected to mobilize more ous activities and expan- and energy conservation. Cheering CG HQ Bldg. for India Inaugurated SBI donates over Rs. 2 million worth Covid gear

VIS News Service

tate Bank of India, Ad Sministrative Office, Visakhapatnam in associa- tion with SBI Foundation Corporate Centre, Mumbai donated1500 PPE Kits and 2,00,000 Surgical Masks worth of Rs. 23 lacs to the VIS News Service equipped with fire safety District Medical & Health and NBC norms. The de- Office, Visakhapatnam state-of-the-art Coast sign of the building incor- lege and DM&HO Dr. P Staff in the district under under their CSR Activity AGuard Building was in- porates norms that ensured Suryanarayana at a func- the control of DM&HO. augurated by Additional Di- sustainable site planning and DGM of the Adminis- tion organized in the Ad- He also said that ventila- rector General VS green initiative with a focus trative Office, Mr. K ministrative Office. tors were given to KGH Tourism Minister Mr. Pathania, PTM, TM on on conservation of water Ranga Rajan handed over Speaking on this occa- last year during the first Muttamsetti Srinivasa June 21. through rainwater harvest- these items to Dr. P V. sion, Mr Ranga Rajan said wave. Rao, unveiling the selfie As per a release the ing and re-usage of water Sudhakar special officer that these PPE Kits and During Lockdown SBI point for promotion of the Headquarters is built to through Sewage Treat- for Covid 19 to north Surgical Masks will be had also distributed grocery Tokyo Olympics 2020. Griha-3 rating, fully ment Plant. coastal districts & Princi- given to the Doctors, Nurs- kits worth Rs.5 lakhs to pal, Andhra Medical Col- ing Staff and other Health the poor. New SUV unveiled in Vizag ECoR women give grocery kits Visweswara Rao, said, VIS News Service forts in maintaining the sta- grocery kits to the needy at “This year we have em- tion & unit offices in safe Visakhapatnam railway sta- barked on a new jour- he Women’s Welfare and hygienic tion. ney as we complete 25 TOrganization of condition. years of excellence in Waltair Division Hassle free India. (ECoRWWO), services Visakhapatnam Station were given Offering superla- staff along with Sri Sai En- tive performance, com- for train op- terprises (catering unit) re- erations. fort and convenience, cently distributed grocery kits Hyundai ALCAZAR to the Sahayaks and house- E CoRWWO VIS News Service cently launched President will fortify our leader- keeping assistants. Divisional Railway Man- Hyundai ALCAZAR Ms. Shalini Shrivastava, ne of the largest au ship position in the SUV A press release issued ager Mr. Chetan Kumar SUV in Visakhapatnam. Vice-President Ms. Madhu tomobile dealers in segment and perfectly by ECoR stated that even lika Saxena, Ms. Madhuri Shrivastava appreciated the O Commenting on the during these difficult times, the state, Sri Jayalakshmi complement our line-up Kasipathi, Secretary and the team efforts for extending the launch of ‘Hyundai the sahayaks did an excel- Automotives Pvt.Ltd. of Venue, Creta, Kona executive members of support to the needy in this ALCAZAR’, Mr. P lent job and rendered full ef- pandemic time. (Lakshmi Hyundai), re- Electric and Tucson.” ECoRWWO distributed the