PHD CHAMBER BULLETIN

Vol. XLII No. 9, 10,11 September - November - 2020 ` 25

Meeting With Mr. D V Sadananda Gowda, Hon’ble Minister for Chemicals & Fertilizers, PHD Chamber Bulletin | September - November 2020Government of India 1 2 PHD Chamber Bulletin | September - November 2020 PHD Chamber Bulletin | September - November 2020 3 4 PHD Chamber Bulletin | September - November 2020 CONTENTS

Meeting With Hon’ble Minister For Industry, Health, PWD, Power, Home & Urban Development, Government Of NCT Of Delhi

Monthly news bulletin of PHD Chamber

President Mr. Sanjay Aggarwal CONTENTS Senior Vice President Mr. Pradeep Multani PRESIDENT’S MESSAGE 6 Vice President Mr. Saket Dalmia New Leadership 9

Editor: CHAMBER AT WORK 10 Mr. Saurabh Sanyal Secretary General FOCUS STATES 91

Production Editor: INTERFACE 110 Ms. Neelu Kapoor Economist & Bulletin Head EXPRESSION 112

India Inc. is the official publication of PHD Chamber of HEADWAY Commerce and Industry and any part of the publication may not be reproduced or transmitted in any other form in whole Towards Inclusive Growth 114 or in part without the written permission of the publishers. The opinions and views expressed within this publication are not necessarily those of the publishers. The publishers regret that COMMUNIQUE they cannot accept liability for errors or omissions in this issue. MoUs 127 For further information and feedback, please contact: PHD CHAMBER OF COMMERCE AND INDUSTRY New Members 130 PHD House, 4/2 Siri Institutional Area August Kranti Marg, New Delhi-110016 Phone : 91-11-26863801-04 Fax : 91-11-26855450 Media Buzz 131 Email : [email protected] Website : www.phdcci.in

PHD Chamber Bulletin | September - November 2020 5 MESSAGE

President’s Message

Friends, It is with great pride and joy in my heart that I welcome you all to this new journey that we are embarking on together. It is my honor to be elected as the President of this prestigious organization which has been at the forefront of nation building for the past 115 years. The PHD Chamber has been providing crucial support to both Industry and the Government in their efforts towards socio-economic progress of the country. As President of the Chamber, I assure you that it shall be my highest priority to further streamline this partnership and infuse it with renewed energy. The year 2020 has been a challenging one for the world with the worst crisis in centuries. The COVID-19 pandemic ignited a socio-economic crisis that impacted billions of lives and livelihoods and undermined global stability and solidarity. Nonetheless, all countries came together and joined hands to combat the various pressing concerns with a main emphasis on strengthening public health systems worldwide. Having said this, we all are playing our part in eradicating the virus by measures such as physical distancing, wearing masks, hand hygiene, avoiding crowds and large social gatherings and ensuring good hygiene and ventilation. The Chamber would like to commend the Indian government and the RBI for undertaking proactive fiscal and monetary measures to safeguard its people, economy, trade and industry against the wild tide of the pandemic, showing remarkable resilience and strength of our economic systems. In India, COVID-19 is receding and people are engaging in economic activity. The total stimulus package announced by the Government over the past 7-8 months stands at around Rs. 30 lakh crores, a substantial sum showcasing the Government’s sincere intent to support the migrant labors, farmers, businesses and others. Further, PM Modi’s clarion call of “Aatm nirbhar Bharat,” (self-reliant India) a well-planned economic strategy that aims to make India into a global manufacturing powerhouse is note-worthy. This would be the opportunity to unlock India’s latent potential, so that our firms can serve not just domestic markets, but also global ones, using their immense human resources and skills. Mr. Sanjay Aggarwal

6 PHD Chamber Bulletin | September - November 2020 President’s Message

We appreciate the efforts of 49.8 in September to 54.1 in October focus should be on grassroots indigenous organizations to progress thus reversing a trend that began growth, infrastructure development the medical field and support healthcare eight months ago. While rural demand including health infrastructure and worldwide. Several Indian pharma held strong over the summer, urban administrative overhaul to facilitate and biotech companies are producing demand is catching up too. Education, ease of doing business. The World vaccines and drugs and emerging as technology, retail, grocery, fashion, Bank’s warning that by 2021 as many key players in global pharma supply food delivery and UPI payments did as 150 million people are likely to be chains. We have become the second extremely well. We also observe that in extreme poverty because of the largest manufacturer of PPE kits and home sales have risen to higher levels pandemic and countries will have to are manufacturing ventilators in quick than before the lockdown in key top prepare for a different economy post- time. ten cities. Covid by allowing capital, labour, skills, The recently launched production- We all are aware that India is at and innovation to move into new linked incentive schemes in many the cusp of a giant technology leap businesses and sectors. This highlights sectors are good incentives to attract and the youth are prepared to venture the need for increased investments foreign investors, as well as, make India onto the global stage in demonstrating in innovation and R&D, upskilling of their export hub. the capability for technology and the youth and projects related to climate change, environmental and Going further, the slowing of the innovation and competing with the rest energy sustainability, amongst others. virus in India has reinforced economic in the world. India has one of the largest In addition, boosting manufacturing recovery and the near-term outlook number of start-ups and unicorns in at competitive costs should be a key looks bright. The manufacturing the world and is still growing very fast. focus area for the Government in the purchasing managers index rose to 58.9 PHD Chamber launched the PHDCCI post-COVID-19 period, if India wants in October, the highest it has achieved digital platform (www.phdccics.in) to take advantage of the global supply in more than a decade, driven by robust for e-issuance of non-preferential chain disruptions and become a global sales and reopening of sectors. Stock certificate of origin in November 2020 manufacturing and exporting hub. markets are at all-time high. This year, through video conferencing. This despite the pandemic, India received e-platform will seamlessly assist COO’s The Chamber will continue to the highest ever FDI of $35.73 billion for to place of work from the comfort of promote ethical and global business April-August, 13% higher than the same their home, keeping them safe and practices and concentrate its policy period last year. Demand is slowly secure. advocacy role through its research coming back and green shoots are The increased spending on and outreach initiatives. I am of the being seen in sectors such as auto and infrastructure will give a multiplier effect view that calibrated and meaningful tractor sales with increase in fuel and to rejuvenate the aggregate demand measures will have a multiplier electricity consumption, also, railway in the economy. The government can effect on trade and industry and will freight traffic and sales of consumer use part of India’s high forex reserves stimulate consumer demand, boost durables such as TVs, ACs, refrigerators (USD 555 billion) for investment in capital expenditure and trigger a faster and phones. The manufacturing growth infrastructure development. Boost in recovery of the economy. is reflected in the first year-on-year public investments in infrastructure will Let us together as one big family rise in exports in seven months. E-way create demand for commodities such work with dedication for creating bills and GST collections growth have as steel, cement and power and in turn conditions for building “A New, also been healthy. The government boost private investments and create Inclusive & Prosperous India” and has steadily pushed labour reforms new employment opportunities in the achieving remarkable milestones to that have improved the confidence of country. come in the ranks of developed nations the industry. Having said this, sectors On the international front, the by 2030. Immediate focus needs to of hospitality, tourism, and aviation Chamber congratulates United States be put on vaccine development, to sectors would probably be impacted for President-elect, Joe Biden and Vice- achieve protection and suppress the some time, paving way for innovative President-elect Kamala Harris on their virus. Alongside, economic growth start-ups in the AR/VR tourism space to poll victory. It is well known that Indo- demands greater synergy between make a headway. U.S. relations are based on the principles all ecosystem partners. As India’s The recent agricultural reforms of democracy and we are positive that leading Women Business Head, and partnership with private capital under the new leadership of Biden- Kiran Mazumadar Shaw aptly puts it firms have opened up new exciting Harris, US-India ties will be further “Ultimately, the greatest lesson that possibilities for farmers, including strengthened in the global political COVID-19 can teach humanity is that partnership with large buyers such as order. We opine that under President we are all in this together”. I close by exporters and retailers. Given this, India Biden’s leadership, Indian Americans reiterating my enthusiasm to take our should soon emerge as an agriculture will be supported and encouraged, and Country to achieve greater Progress, export hub, with the help of technology policies will be put in place that address Harmony and Integrated Development and modern processing solutions. their work and residence priorities. in this new normal. The services sector expanded President Biden is likely to reconsider in October for the first time since inclusion of India in the US Generalized February reflecting growth in demand System of Preferences and help India as the government continued to relax to become a permanent member of the COVID-19 restrictions. The purchasing UN Security Council. managers index rose sharply from I opine that the Government’s Sanjay Aggarwal President, PHDCCI

PHD Chamber Bulletin | September - November 2020 7 8 PHD Chamber Bulletin | September - November 2020 NEW LEADERSHIP

Mr. Sanjay Aggarwal is the Chairman & CEO of Paramount Cables Group. Mr. Aggarwal has been an integral part of the growth story of Paramount Cables from a Rs. 1 crore small scale industrial unit to one of the largest cable manufacturers in India. As Vice-President of TEMA- Telecom Equipment Manufacturers Association, Mr Aggarwal spearheaded many campaigns for the Indian telecom manufacturing industry which resulted in Central Government legislative changes necessary for the survival of the telecom industry. Mr. Aggarwal has also been the recipient of numerous prestigious awards which include the National Small Industry Award 1984 bestowed by the President of India, Entrepreneur of the Year Award 1994 by All India Manufacturers Organization, Niryat Shree Award 2008- Mr. Sanjay Aggarwal 09 by FIEO, numerous Star Exporter Awards by EEPC over the years and Major Donor President, PHD Chamber Award 2017 by Rotary Foundation of Rotary International and many more.

Mr. Pradeep Multani, Chairman, Multani Pharmaceuticals Limited has more than 40 years of experience in the field of Ayurvedic & Unani Medicines. With a degree in law, he holds different positions in different Industry bodies such as Co-chairman, AYUSH Committee, FICCI, Hon. General Secretary of Association of Manufacturers of Ayurvedic Medicines and President of Delhi Factory Owners Federation and also in multiple committees at the Ministry of AYUSH. He is an active member of associations such as Indian Pharmaceuticals Association, Okhla Industries Association Phase 1 & 2, Bhagwanpur Industries Association, Haridwar, U.K, Pharmaceutical Manufacturing Association, and New Delhi Traders Association. A strong believer of performing Corporate Social Responsibilities voluntarily and supporting multiple NGOs like Action for Autism, he has also contributed to the Prime Minister’s National Relief & Armed Forces Flag Day Fund, Kendriya Sainik Board and the Ministry of Defense. Mr. Multani Mr. Pradeep Multani was awarded the Distinguished Entrepreneurship Award for MSME 2019 by PHD Chamber. Senior Vice President, PHD Chamber

Mr. Saket Dalmia is the Managing Director of PG Industry Limited – a leading manufacturer of Italian Marble flooring and façade solutions across India under the Brand Name, Marble City. . Marble City is headquartered in Delhi; the company has several joint ventures with cutting-edge global façade products and felicitated as one of the 100 fastest growing export houses from India. Mr. Dalmia has been the Chairman of the Young Business Leader and the Retail Committee at PHD Chamber for the past several years. Mr. Saket Dalmia has a degree in business and finance from McDonough School of Business, Georgetown University. Mr. Saket Dalmia Vice President, PHD Chamber

Dr D K Aggarwal is the Chairman & Managing Director of SMC Investments and Advisors Ltd., CMD of SMC Capitals Ltd., Chairman of SMC Comtrade Ltd., Chairman of SMC Real Estate Advisors Pvt. Ltd. and Director of SMC Comex International DMCC (Dubai). Dr Aggarwal is well known for his financial acumen and has been conferred with numerous prestigious leadership awards including Honorary doctorate degree from YESBUD University, Zambia for his outstanding contribution towards financial services, SME Leader Award by Institute of Chartered Accountants of India, ‘Dare to Dream Awards’-Financial Services 2018 for Extraordinary Entrepreneurial Spirit by Zee Business, Distinguished Entrepreneurship Award 2015 by PHD Chamber, International Gold Star Millennium Award by Citizens Integration Peace Society, Outstanding National Citizens Award by National Citizen Guild, Rashtriya Udhyog Rattan Award by All India Achievers Dr D. K. Aggarwal Conference, IPE-BFSI Leader Award by Asian Confederation of Businesses for setting an Immediate Former President, example of a Role Model and Exemplary Leader and Brand Slam Leadership Award by PHD Chamber CMO Asia.

Mr. Saurabh Sanyal, Secretary General of PHD Chamber since April 2020 is an Engineer with a post graduate degree from IIT Madras. A professional with over 39 years of experience in the Armed forces, corporates and chambers of commerce was commended by Chief of the Army Staff in 1994 and 2005 for distinguished Service. His first stint at PHD Chamber was as Secretary General of PHD Chamber from May 01, 2013 till October 31, 2018. Thereafter, he moved to ASSOCHAM as Deputy Secretary General and participated in many international delegations with members led by the Hon Vice President of India to Baltic region, Chief Minister of Gujarat to Uzbekistan and many other. Mr. Saurabh Sanyal Secretary General, PHD Chamber

PHD Chamber Bulletin | September - November 2020 9 115th Annual Session

about self- reliance, self- sufficiency TH and self-sustenance. He said that, 115 Annual Session at this juncture, our country needs to strengthen the manufacturing BUILDING AATMANIRBHAR sector, increase the competitiveness in domestic manufacturing, focus on supply chains, among others. Further, BHARAT he was of the view that MSMEs are the growth engines of the economy he PHD Chamber organized its develop. He said that Atmanirbhar and with recent bolstering of reforms 115th Annual Session on October Bharat is about self-reliance in not by the Government, MSMEs will be T7, 2020 virtually through Cisco only about what to produce but also strengthened in times ahead. Webex. The opening session was on focuses on delivering it effectively to Dr Aggarwal said that India is the theme ‘ Building Aatmanirbhar the world market. opening gates for the world to set Bharat’ wherein General (Dr) V K General (Dr) VK Singh mentioned up green technologies. For India to Singh (Retd.),PVSM, AVSM, YSM, ADC that the Chinese market supply become a part of the global supply Hon’ble Minister of State For Roads, volumes are high and sold in the chain, it needs trusted partners. Transport and Highways was the entire global market, yet the quality He mentioned that land, labour, Guest of Honor. is not sustainable. He said that India liquidity and legal are the big bang General (Dr) VK Singh (Retd), needs to tap this opportunity. He reforms which now need concrete PVSM, AVSM, YSM, ADC, Hon’ble highlighted on the importance of implementation. He opined that Minister of State for Roads, Transport reverse engineering and technology. innovation, research & development and Highways expressed his honour He further commented that cheaper have to be spurred and accelerated to be invited as a Chief Guest for the expertise of goods reduces the cost of along with unleashing of the 115th Annual Session.. He appreciated inputs. demographic dividend. With these the theme for the Session and said General (Dr) VK Singh highlighted words, he said that India will become “Excellence, quality and ease of doing that roads and infrastructure can a super economic power and become business forms the foundations for spur growth in the economy. He said ‘Golden Goose’ again. Atmanirbhar Bharat. that workforce is back at pre-covid Mr. Rajeev Talwar, Former General (Dr) VK Singh said that levels, which is a healthy sign. He said President, PHD Chamber, discussed Atma Nirbhar Bharat right from that good quality road network leads about the significance of Atma- independence has remained a to ease of doing business, goods Samman and said that it is equally buzzword. He said that if our country transportation and faster amount of important as Atmanirbhar. He does not look ahead, does not promote business is conducted. emphasized that there is a need to innovation, does not emphasize on Dr DK Aggarwal, President, PHD further enhance the self-respect of research and development, then it is Chamber, in his presidential address the country in the global economic going to stay at a plateau and will not said that Atmanirbhar Bharat is system, going ahead.

10 PHD Chamber Bulletin | September - November 2020 115th Annual Session

PHDCCI Annual Awards For Excellence

HD Annual Awards for • Distinguished Entrepreneurship Mr. Sanjay Aggarwal, Senior Vice Excellence were instituted Award 2020 to Mr. J C Chaudhry, President, PHD Chamber, appreciated Pin 1997 to recognize Indian Chairman & Managing Director, and thanked General (Dr.) V K Singh businesses, entrepreneurs and Aakash Educational Services (Retd.) for putting across his valuable individuals for their outstanding Limited. viewpoints and practical suggestions achievements/ contributions in • Distinguished Entrepreneurship to move towards building an selected areas and for promoting Award for MSME 2020 to Mr. Manu Atmanirbhar Bharat. corporates and individual initiatives Chopra, Managing Director, PDS PHDCCI’s 115th Annual Session in economic, social, educational, and International Pvt Ltd. was supported by Vestige Marketing cultural areas; encourage healthy and • Outstanding Business Woman Pvt Ltd; Maruti Suzuki; Radico ethical business practices and create Award 2020 to Ms. G. B. M. Ratna Khaitan Ltd; SMC Global Securities consciousness about the business Kumari (Mallika Manoj Grandhi), Ltd; Paramount Communication Ltd; community’s role towards society Chairperson and Managing Multani Pharmaceuticals Ltd; DLF and corporate social responsibility; Director, Manoj Vaibhav Gems N Ltd; JK Tyres; Apeejay Svran Group; promote entrepreneurship and Jewellers Pvt. Ltd. M V Cotspin Ltd and DCM Shriram innovation in MSME sector and also Industries Ltd. The other sponsors of • Award for Excellence for Start-ups motivate women to take up leadership the session were Hindalco Industries 2020 to Mr. Deep Bajaj, Founder, roles in business and social welfare. Ltd, Martin & Harris Pvt Ltd., Filatex Sirona Hygiene Pvt. Ltd. The awardees for PHD Annual India Ltd., Bharat Aluminium Company Awards for Excellence 2020 in • Life Time Achievement Award 2020 Ltd, Hindustan Tin Works Ltd, Alliance different categories were bestowed to Mr. Binay Kumar, Chairman & Advertising & Marketing Pvt. Ltd, to the following: Managing Director, Banaras House Oswal Greentech Ltd, Modern Auto Pvt. Ltd. • Good Corporate Citizen Award Ltd and Bry-Air (Asia) Pvt. Ltd. For Social Welfare 2020 to Grasim Industries Ltd., Unit- Indo Gulf Fertilisers.

PHD Chamber Bulletin | September - November 2020 11 115th Annual Session

SPECIAL SESSION ON INDIAN ECONOMY: POST COVID-19

n the Special Session on Indian need to provide more liquidity to the a game changer. He suggested that Economy: Post COVID-19, Mr. Sanjay industry to revive and rejuvenate the the permanent fiscal council like IAggarwal, Senior Vice President, economy, going ahead. GST controls, sector wise package PHD Chamber, said that this is not Mr. Puri focused on the need to especially for tourism and a state the time to focus on deficit and address climate change. He believed wise entrepreneurship programme international ratings. He suggested that the country has done really well in is the need of the hour. He urged that the government should focus on the solar sector space and E-vehicles. the government to channelize liquidity disbursement at this juncture Focusing on the need for Sustainable the spending in accordance to the to support the businesses and bring development, he said that going allocations made. back the momentum in the economy. forward, the country will run on green Mr. Gautam Bali, Managing Mr. Aggarwal said that the energy and the importance of this Director, Vestige Marketing Pvt. Ltd economy and its citizens faced sector should not be neglected. emphasized the need of Aatmanirbhar hardships due to pandemic COVID-19; Mr. Sanjay Bhatia Former Bharat. He emphasized the need to however, with the lifting of the President, PHDCCI & Managing reinvent ourselves like Japan and lockdown, the economy is likely to see Director, Hindustan Tin Works China. He highlighted that India’s a recovery momentum sooner than Limited said that the economy has direct selling industry has become later on the back of various reforms undergone a significant shock amidst a saviour for the youth. Numerous undertaken by the government the pandemic. Sectors such as airline, unemployed have come in the direct to combat the daunting impact of tourism, textiles have been severely selling programme and businesses COVID-19. He emphasized on the affected. He supported the focus have gone digital with people need for creating employment for on local goods and concluded by adopting digital platforms to succeed. the youth. He urged that MGNREGA appreciating the announcement of Mr. Pradeep Multani, Vice should not just aim to do agriculture Rs 20 lakh crore package along with President, PHD Chamber presented work but should also focus on other extensive reforms measures by the the formal vote-of-thanks for the infrastructure divisions, namely, government. session and said that India has been roads, railways, among others. Mr. Anil Khaitan, Former President, resilient in fighting COVID-19. Mr. Mr. Manjeev Singh, Puri Former PHDCCI & Chairman & Managing Multani said that the implementation Ambassador to Nepal, acknowledged Director, Sunil Healthcare Limited of Atmanirbhar Bharat package has that the lockdown has caused the opined that while various international ensured that economic recovery in economy in doldrums and led GDP to rating agencies have estimated a India has gained momentum. Going contract by nearly a quarter. Going severe contraction of the Indian ahead, he opined that more demand forward, efforts should be in the economy; the country will bounce like side reforms should be undertaken direction to revive the economy. a rocket. He stressed upon the fact that to lift consumer sentiments and He appreciated the Rs. 20 lakh India has a phenomenal resilience and propel new industrial investments by crore package announced by the a wonderful ecosystem. Appreciating businesses. Government, which represents 10% the aggressive agricultural reforms of the GDP. He said that there is a by the government, he called them

12 PHD Chamber Bulletin | September - November 2020 115th Annual Session

SESSION ON AATMANIRBHAR BHARAT: VOCAL FOR LOCAL

HD Chamber organized a session economy, he said. Mr. Ridham Desai, Managing on ‘Aatmanirbhar Bharat: Vocal In his presidential address, Dr D K Director, Morgan Stanley, India, Pfor Local’ during the 115TH AGM Aggarwal, President, PHD Chamber said that the launch of Atmanirbhar on October 7,2020. said that Self-reliance is the new vision Bharat could not have come at a At the session, Mr. Sanjeev for India and is neither exclusionary better time to position ourselves in Sanyal, Principal Economic Adviser, nor isolationist. Local has helped us the global charts. Also, he highlighted Department of Economic Affairs, sail through the COVID-19 crisis and has that the world now is moving from Ministry of Finance pointed out helped us to survive by improving our being bipolar to multipolar leading to that post-COVID world will be local manufacturing and productive greater diversification in production fundamentally different having its own efficiency. and consumption. Mr. Desai added that the continued reforms agenda definitions of geopolitical realities, Dr Aggarwal highlighted that we of the Government would help supply chains, consumer behavior, can compete with the rest of the India to establish itself as a global among others. world as well as to help the world. This manufacturing hub and a leading “Atmanirbhar Bharat is not a vision should be supported by reducing the exporter in the world. of return to the import substitution of cost of doing business, including the the pre-1991 period rather, it would lay costs of capital, compliances, logistics, Mr. Sanjay Aggarwal, Senior Vice the foundation for a New India with land and availability of land, power/ President, PHD Chamber, thanked a higher economic growth trajectory, energy and labour. the esteemed speakers for giving a glimpse of the road ahead on Vocal simpler rules, resilient supply chains, Mr. K V Kamath, Former Chief, for local India and thus focusing on better technology, entrepreneurial the New Development Bank and products to be made competitive energy to leverage itself into taking ICICI Bank, said that there has been vis-a-vis global brands. Reiterating new opportunities, among others”, a resetting of the mindset during the the vision of an Atmanirbhar Bharat, added Mr. Sanjeev Sanyal. last few months to lay the foundation he said that we must move forward He further said that we all need of an Atmanirbhar Bharat. Mr. Kamath with the mantra of Make for the to embrace the idea of flexibility and added that India has bounced back world along with Make in India. He adaptability to the new normal to very quickly and is emerging healthily added that the structural reforms stay relevant in a global context and from the biggest health and economic undertaken by the Government during support its domestic industry taking crisis of COVID-19. Going ahead, the recent months would revitalize the into account new opportunities and vision of a Self-Reliant India presents business sentiments and exacerbate challenges. The Government, at this an unprecedented opportunity to investments in the manufacturing juncture, recognizes the need for a emerge as stronger and resilient in the sector in the coming quarters. further stimulus in the coming times post COVID-19 scenario and go Vocal to refuel consumer demand and for Local. further revive the wheels of the Indian

PHD Chamber Bulletin | September - November 2020 13 115th Annual Session

SESSION ON AATMANIRBHAR BHARAT: ROLE OF WOMEN IN INDIA

special session on focus on gender-based violence. We their current situation, mindsets ‘Aatmanirbhar Bharat: Role of truly believe that women’s rights and and challenges faced by them and A Women In India’ was organized gender justice need to be at the heart in accordance take appropriate and during the 115TH Annual Session of the of Aatma Nirbhar Bharat said, Ms. Dia necessary actions to reach out to PHD Chamber on October7, 2020. Mirza. every woman. It is time to create job While addressing the Special Dr Deepa Malik, Padma Shri; Khel opportunities for women especially Session on Aatmanirbhar Bharat: Ratna; Arjuna Awardee; President- in rural areas, suiting their needs. We “Role of Women in India”, Ms. Paralympic Committee of India while need to support them in daycare, Dia Mirza, Actor, Producer, UN deliberating about the need for a funding and provide incentives to Environment Goodwill Ambassador strong infrastructure also mentioned corporates who hire women. Creating & United Nations Secretary that skill development is very women empowerment will help in the General’s Advocate for Sustainable important to become Self Reliant. overall development of the Nation, Development Goals said that UN has While sharing her success story and highlighted Ms. Chaudhry. put women and girls at the center also the difficulties she faced, she Ms. Naina Lal Kidwai, Chairperson, of focus to recover from COVID-19. mentioned that there needs to be a India Advisory Board, Advent Private The key priorities are ensuring change in the stereotypical mindset Equity mentioned that we can women’s equal representation in of the society towards women and empower women in every country in all COVID-19 response planning and handicapped citizens. It’s time that every way and, we are well on track to decision making including women’s women come forward, support eradicate poverty and have sustained organization and frontline workers; each other, create opportunities for economic growth. She deliberated economic equality by including each other, showcase our potential, about the need for a microfinance wage equality, generating jobs, and voluntarily contribute to the movement in the country that will and including overall female labor development of our country, she help the women self-help groups to participation in India in the long-run. further asserted. get finance which will help them run Ms. Dia Mirza mentioned that Ms. Mahima Chaudhry, Renowned a business, leading to generation of in India, majority of the healthcare Bollywood Actress; Video Jockey livelihood for them. workers, social activists, Asha workers & Entrepreneur mentioned that Ms. Kidwai shared that women and Anganwadi workers at the spreading the internet across all have been severely impacted during frontline during these times of crisis the areas in the country is the need the pandemic in terms of livelihood, were women. of the hour so that opportunities business and jobs, among others. Giving a global outlook about the are given to every woman and child She suggested that if we can provide condition of women, she discussed across the country. She mentioned E-Commerce connect to women, we that more than half of the sustainable a lot of women have lost their jobs can provide them opportunities even goals and work direction towards during Covid times and it is getting in such times helping them to create Aatma Nirbhar Bharat depends on difficult for them to resume back due new ways for growth. women. Covid-19 has shown us to paucity of resources to handle their Ms. Anuradha Goel, Chairperson, how severe the impact can be on home front. So for the inclusion of PHD Family Welfare Foundation in women, highlighting the need for women, it is mandatory to understand her welcome address discussed the

14 PHD Chamber Bulletin | September - November 2020 115th Annual Session

need to empower women for Nation girls play by actively supporting and activities conducted by the Family building. She discussed the success transforming society. PHD Chamber Welfare Foundation to make Women stories of women in various industries believes in the power of women to Self-Reliant. and verticals at the same time build and sustain change and every Dr Aruna Abhey Oswal, multitasking in their lives by handling year PHD Chamber recognizes World- Chairperson, Women Entrepreneurs their family and profession. Changing Women Leaders. She Committee delivered a formal vote- She mentioned that the PHD also mentioned that PHDCCI also of- thanks to all the delegates. encourages MSMEs run by women Chamber and PHD Welfare Foundation The session was moderated by entrepreneurs. She talked about believe in the strong role women and Ms. Naghma Sahar. various programs, initiatives, and

and overall vision of high economic trajectory and self- reliant India, going SESSION ON SKILLING INDIA forward. Mr. Sanjay Aggarwal, Senior FOR AATMANIRBHAR BHARAT Vice President, PHD Chamber, in his presidential remarks said that education and skill development r Mahendra Nath Pandey, important for achieving the vision of holds a crucial place for supporting Hon’ble Minister of a USD 5 trillion economy and making India in its journey towards being Skill Development & India self-reliant, going forward. D Atmanirbhar. At this juncture, the Entrepreneurship delivered a special Dr Mahendra Nath Pandey focus of the Centre and the States address at the session on ‘Skilling mentioned about the importance should be to work together to increase India For Aatmanirbhar Bharat.’ of Atmanirbhar Skilled Employee public investment in the Education Dr Mahendra Nath Pandey, Employer Mapping (ASEEM), a sector to at least reach 6% of GDP at Hon’ble Minister of Skill Development database to bridge the gap of demand the earliest. Mr. Aggarwal emphasized & Entrepreneurship, on behalf of the and supply of skilled workforce across upon the importance of digitalization Hon’ble Prime Minister of India, Mr. sectors. and said that it will play a big role in Narendra Modi congratulated PHD The Minister informed that with reshaping education, access to skill Chamber on its 115th Annual Session. a vision to make India Skill capital development, imparting knowledge He praised the dynamic leadership of the world, the Ministry of Skill on technological advancements, of Hon’ble Prime Minister and Development and Entrepreneurship among others, in the coming years. appreciated the extensive measures worked towards making more than As part of the session, PHD undertaken during the tough COVID- 5 crore people skilled in the country Chamber launched the Coffee Table times. since 2014-15. Also, the Ministry signed Book to mark the completion of 115 He said that Skill India is a concept various MoUs on skill development years of PHDCCI. The Coffee Table that has been making a footprint both with different countries, worked on book comprises the Chamber’s in and outside India. He said that all recognition of Indian skilled youth in achievements over the span of 115 our ecosystem of education and skill the world, amplified apprenticeship years of its existence. departments in every state and district programme, among others. Mr. Pradeep Multani, Vice came together to contribute with Dr Pandey was affirmative that President, PHD Chamber, heartily their innovative ideas during the last PHD Chamber could play a significant thanked and expressed his sincere 7 months under the COVID pandemic. role in supporting the Ministry of Skill appreciation to Dr Mahendra Nath He opined that for skilling, re- Development and Entrepreneurship Pandey for his valuable time to join skilling and up-skilling, skill training and the Government as a whole, and share his valuable insights on the centres, industry connect skilling in achieving its Skill India mission subject. and industry demand skilling are

PHD Chamber Bulletin | September - November 2020 15 115th Annual Session

SESSION ON INDUSTRY PERSPECTIVE ON BUILDING AATMANIRBHAR BHARAT

HD Chamber organized a Session on the needs of its consumers in codes were the need of the hour. Mr. on ‘Industry Perspective On order to progress and become Shriram said that the Covid pandemic PBuilding Aatmanirbhar Bharat’ independent. He suggested that the has brought a lot of concerns for during its 115TH Annual Session. country should have Partner suppliers small businesses and he urged the Technology advancements in the who understand the needs of the government to help them with as manufacturing sector will give India consumers. much liquidity as possible. an upper hand among its competitors. Mr. Sandip Somany, Vice Chairman Dr Mahesh Gupta, Chairman and Interest rates in India are significantly & Managing Director, HSIL Limited Managing Director, Kent R O Systems high as compared to other countries; & Former President, PHDCCI said Ltd. & Former President, PHDCCI we need to bring up financial that the Aatmanirbhar Bharat is said that Aatmanirbhar Bharat is institutes that can give long term a great concept. At this juncture, exciting in this challenging time. loans at competitive rates to be more strengthening the manufacturing The whole world is moving towards competitive, said business honchos at sector at competitive costs should be interdependence. The idea is not the 115th Annual Session of PHDCCI. a key focus area for the Government. to be dependent on one country. Addressing the 115th Annual India should develop its competencies We have to focus on upgrading our Session of PHDCCI, Dr D K Aggarwal, and take advancements of upcoming manufacturing skills. COVID-19 has President, PHDCCI, appreciated the technologies to keep up with the provided an opportunity to upgrade proactive reforms undertaken by global markets. ourselves. Dr Gupta underlined that the Government during the times He opined that labour is another the lifecycle of products are changing of the pandemic. He opined that the aspect that should be focused to and more services are being needed government acted swiftly in rolling out attain self-reliance and therefore, creating more opportunities in the much needed reforms including attention is required on having times to come. In a vision to achieve the agriculture bills and labor codes. more productive labour. Delay in Aamanirbhar Bharat, India should He said that emphasis of domestic land allotment is another hindrance create the capacities and work on the production should move from labour in achieving Aatmanirbhar Bharat. implementation strategy. intensive to capital intensive to high- In spite of India going in the right Mr. Gopal Jiwarajka Chairman end technology products in the direction in ease of doing business, & Managing Director, Salora coming times. the country still needs to accelerate International Ltd. & Former President, Mr. Salil Bhandari Managing its steps towards e-regulations and PHDCCI, stated that Aatmanirbhar Partner, BGJC & Associates LLP& enhance transparency in the policy Bharat is the rebranding image of India. Former President, PHDCCI said that landscape, which is very crucial in He emphasized that manufacturing is a healthy and a fit body is essential restoring investor-confidence. the key element of this mission and it to be ready for our journey towards Mr. Alok B. Shriram Senior must contribute 25% to 30% of GDP. Aatmanirbhar Bharat. As far as Managing Director & CEO, DCM Manufacturing across the globe industries are concerned, India needs Shriram Industries Ltd. & Former is not a policy, but is a mindset to strengthen itself to meet the President, PHDCCI, said that and India should have its mindset demand of global world. Covid has Aatmanirbhar Bharat is an inspiring channelized in that direction. Creating provided an excellent opportunity to vision. He said India should understand job opportunities by up-skilling is very rule the world by being healthy and the advantage it carries and build important, he added. fit. Knowledge is important and being upon them to achieve Aatmanirbhar Mr. Gopal Jiwarajka focused on able to implement that knowledge is Bharat. Cost and speed of doing the need to have skills for a large the key to success. Mr Salil Bhandari business is the most important factor export base. While having low cost emphasized that India should focus to stand out globally. The new labour of labour is important, it is more

16 PHD Chamber Bulletin | September - November 2020 115th Annual Session of a short term engagement and Mr. Pradeep Multani, Vice India’s self-reliance means being should not be focused on much. He President, PHDCCI, presented the self-sufficient without alienating or concluded that the policy should not formal vote-of-thanks for the session. creating distance from the world. be driven towards restrictions, rather He said that during these tough times, It implies that while continuing to should go for incentive based things the government’s initiatives are spear engage with the world economy, such as production-linked incentive heading the country towards self- India shall strive to strengthen its (PLI) schemes. reliance and sustainable development. indigenous identity.

admirably, despite the global turmoil in financial and commodity markets. SESSION ON BUILDING Mr. Aggarwal emphasized that a multi-pronged strategy should be AATMANIRBHAR BHARAT adopted to reduce India’s oil import dependency that includes increasing domestic oil and gas production, t the Session on ‘Building the society to achieve all inclusive promoting bio fuels and renewables, Aatmanirbhar Bharat, Mr. socio-economic development. energy conservation and energy Dharmendra Pradhan, Hon’ble A efficiency and improvement in refinery Minister of Petroleum & Natural Gas The Minister informed that his processes. There is a need to make and Steel was the chief guest. Ministry is making all efforts to commercial mine auctions faster and Mr. Dharmendra Pradhan, increase the production of Natural efficient, ensure provision of hassle Hon’ble Union Minister of Petroleum Gas indigenously and more than 400 free disbursements of loans vis-à-vis & Natural Gas and Steel said that districts of India have already been enhanced liquidity, set up single one Atmanirbhar Bharat is a historical connected through natural gas. He window facility to give clearance for all step undertaken by the Government also mentioned that the Government permissions, reduce the cost of doing of India and is a continuous evolving is going to increase the length of business, among others to boost the process. It is necessary to revive and pipelines in India so that natural gas as overall competitiveness of the steel rejuvenate India’s economy on the a cleaner fuel can reach to maximum and mining industry, Mr. Aggarwal basis of the philosophical foundation industries for manufacturing further added. of Atmanirbharta. Mr. Pradhan purposes. Mr. Pradeep Multani, Vice added. Further, he urged trade and The Minister also released the President, PHD Chamber, delivered industry stakeholders to support the PHD Annual Report detailing all the vote-of-thanks to Mr. Dharmendra Government in strengthening the the activities of the Chamber since Pradhan for providing his valuable five pillars of Self-Reliant India viz., October 2019. insights to strengthen India’s Economy, Infrastructure, Technology- manufacturing capabilities and to driven System, Demography and In the welcome address, Mr. Sanjay bring in economies of scale to reduce Demand. Aggarwal, Senior Vice President, PHD Chamber, mentioned that India’s our dependency on imports and He emphasized that we all have energy sector has shown highest emerge as a global manufacturing to come together to ensure wealth resilience in the face of the COVID-19 hub. creation and significantly raise the pandemic with supplies holding up standards of living of all sections of

PHD Chamber Bulletin | September - November 2020 17 115th Annual Session

VALEDICTORY SESSION

he Valedictory Session of Industry will survive and revive in this Dr D.K Aggarwal, President the 115th Annual Session was COVID-19 pandemic with emphasis PHDCCI, extended his gratitude to the Tpresided over by Mr. Vijay Inder on skilling and reskilling to bridge the participants, Managing Committee Singla, Education Minister, Govt. of skill gap between employment and Members, Delegates, Media and Punjab as the Chief Guest. employability. Sponsors at the valedictory session. Mr. Vijay Inder Singla, Education He focused on the Single window Mr. Sanjay Aggarwal, Senior and PWD Minister, Govt. of Punjab, clearance to be given more importance Vice President, PHDCCI concluded at the valedictory address said for greater ease of doing business the session by emphasizing that that skill development is crucial for and increasing the FDI inflows in ‘Aatmanirbhar Bharat’, the clarion call employability for the growing young the state. He also laid emphasis on by Hon’ble Prime Minister will pave workforce. While sharing about the expansion of the state in the coming the way for Industrialization and a US$ opportunities in the state of Punjab years through extension of National 5 trillion economy in the coming times. as an emerging Industrial hub, he also Corridor Highways as an infrastructure highlighted the challenges faced by initiative. Industry in the State. He added that

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Interactive Session With Hon’ble Members of Parliament - Atma Nirbhar Bharat - Way Forward

he International Affairs & Trade Ms. Sunita Duggal, Hon’ble decisions emphasize that the MSME Fairs Division, PHDCCI, organized Member of Parliament (Sirsa, Haryana) sector will act as the bedrock for Ta Virtual interactive session with lauded the steps and measures taken economic revival. Hon’ble Members of Parliament on by the current Government which Mr. Anurag Sharma, MP-Lok “Atma Nirbhar Bharat - Way Forward” have helped in percolation of the Sabha, Jhansi, Uttar Pradesh apprised on August 12, 2020. benefits of the various schemes about the role of the Government to Dr D K Aggarwal, President, to the actual beneficiaries and the implement Hon’ble Prime Minister’s PHDCCI while welcoming Mr. Suresh needy. She felt that farmers must initiative to make India as “self- Prabhu, India’s Sherpa to G20/G7 & also look at exploring opportunities reliant”. He mentioned that in Jhansi Hon’ble Member of Parliament and in horticulture and should also reap district, the government has set up other Hon’ble Members of Parliament the benefits that can be offered by defence industrial corridors which for the session, highlighted that techniques like crop rotation. Such will reduce India’s reliance on imports India’s unique advantages in terms of initiatives will also assist in boosting of and promote exports and mentioned demographic dividend, technological Indian agri- exports to the world. about the policies to address the advancements, availability of skilled Mr. Ramesh Bidhuri, MP-Lok requirements of APIs in short & manpower will immensely contribute Sabha, South Delhi, NCT of Delhi medium term to make our country in making India self-reliant. said that a self-reliant farmer is self-reliant. Mr. Suresh Prabhu, India’s Sherpa fundamental to the vision of a self- Mr. Arvind Ganpat Sawant, MP-Lok to G20/G7 & Hon’ble Member of reliant India. Agriculture plays a very Sabha, Mumbai-South, Maharashtra, Parliament, while delivering the crucial role in Aatmanirbhar Bharat said that the Government should keynote address highlighted that it is as it continues to be the source also focus on empowering the public the responsibility of every citizen of of livelihood for majority of the sector enterprises and focus intensely the country to support the clarion call population, he pointed out. on doubling the farmers’ income. of our Hon’ble Prime Minister to make Mr. Vinod Kumar Sonkar, MP-Lok Mr. Tirath Singh Rawat, MP-Lok India Atmanirbhar or self-reliant. This Sabha, Kaushambi, Uttar Pradesh Sabha, Garwal, Uttrakhand, lauded will not only assist in nation building mentioned that the MSME sector the efforts of the Government for but will ensure the inclusion of every is the most vibrant and dynamic launching the new education policy citizen at national, state, district industrial sector contributing more which will pave the way for the overall and even at village level in achieving than 30% of GDP. He stated that development of the youth of the economic prosperity of India. multiple government policies and nation.

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Mr. Sanjay Aggarwal, Senior Vice Atmanirbhar Bharat. their immense contributions towards President, PHDCCI while thanking the Mr. Pradeep Multani, Vice Atmanirbhar Bharat. Hon’ble Members of Parliament for President, PHDCCI, while delivering Multani Pharmaceuticals & Radico joining the session, highlighted the the formal vote- of- thanks to the Khaitan were the strategic partners various contributions made by the Members of Parliament mentioned for the session. members of the Chamber towards

Mitigating Risks in Food Processing Role of Insurance and Quality Inspection in Food Processing Industry and Food Imports & Exports

he Agri-Business and Food due to changed scenario & probable after the consumers. Generally, Processing Committee, solutions as well as discuss the insurance comes for machinery and PHDCCI organized a webinar pertinent role of quality inspections employees but in food processing, T there is a special insurance which is on “Mitigating Risks in Food and monitoring for the growth of Processing- Role of Insurance and processed food industry and its equally important. Dr Bajaj asserted Quality Inspection in Food Processing exports. that Insurance is an important tool to mitigate the risk and losses in the Industry and Food Imports & Exports” Dr Tarun Bajaj, Director, APEDA sector. The government and other on July 29, 2020. mentioned that the food processing departments are working towards The specialized webinar focused sector is an important segment that strengthening this sector for export on Insurance and quality inspections forms a link between the farmers purposes and development of the across various aspects of the food and industry. It takes care of two country, he further added. value chain to understand the important pillars of our economy i.e. requirements, difficulties being faced agriculture and industry, thus looking Talking about quality inspection,

20 PHD Chamber Bulletin | September - November 2020 CAW he mentioned inspection is required the risks faced by the food processing risks through inspections. He talked in food safety management industry, food importers and exporters about the projects initiated by the systems depending on the need and that include competition, technology Forum of Indian Food Importers. He requirement of the procurement, change, and cheap imports. He discussed the challenges faced by production, and storage as well deliberated about the risks that the industry that included exports, as reaching the consumer. He businesses face that include calamity, usage of pesticides and rejections of emphasized that Quality Inspections lack of human resources, trade tariffs, imports. He stressed the need to work are important as they help in reducing cyber-attacks and many more. with agencies of the world so that the loss, building the brand, getting Mr. Thondup Tschering, Expert exporters work hand in hand as well consumer confidence and earning on Marine Cargo Insurance while as ensure food safety standards. profit in the long run. deliberating about the ‘Need of Mr. Pradeep Multani, Vice Dr Ram Mohan M.K, Joint Director Marine Insurance for Food Imports & President, PHD Chamber mentioned (QC), MPEDA while giving an insightful Exports’ mentioned about the under that the food processing industry is presentation on ‘Quality Assurance in item considerations while deciding one of the most pivotal industries of Marine Products Exports’ mentioned PM rates condition for marine cargo India. India is the largest producer of about the working of MPEDA and politics, execution in marine cargo agricultural products in the world. way it supports the food processing insurance, special clauses and add on Despite being one of the major sector. covers. food producers, this sector faces Mr. Surinder Kumar Kalra, Dr Anupam Suri, Consultant, constraints in terms of lack of quality Managing Director, MASTERCUBE IoT Formerly Prof., Amity University/ control, inefficient supply chain, LLP talked about Block Chain in Food National Insurance expressed his views inadequate storage facilities, high Processing for mitigating risk and on the Insurance of Food Processing loss of inventory and packaging mentioned that Blockchain is the next Industry. Dr Suri highlighted that cost. Mr. Multani called for good turn in the food processing industry India’s food chain production is going agricultural practices and minimum and agriculture sector. He explained to develop in the next decade looking use of harmful chemicals in order to the scenario of blockchain in the world at the development in the technology, adhere to international food safety and its future growth in India and skills, specialty processing, etc. He requirements. the globe. He talked about Big Data, discussed the risks and challenges The webinar was moderated Artificial Intelligence, 5G, and other faced by each vertical of the food by Ms. Mallika Verma, Director technologies that can reduce the processing sector and insurance (Agribusiness and Consumer Affairs), number of tasks, improve productivity, available for the food processing PHD Chamber and supported by RIA and help in the development of the sector. Insurance Brokers, Mastercube IoT, food processing sector. Mr. Amit Lohani, Founder Director, Insurance Foundation of India, and Mr. S. K. Sethi, Founder & CEO, Forum of Indian Food Importers Indigram LABS. Insurance Foundation of India while talked about insuring food imports moderating the webinar talked about through insurance and mitigating

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India- Azerbaijan Virtual B2B Meet

he International Affairs and Mr. Purshottam Bhaggeria, H.E. Mr. B Vanlalvawna, Trade Fair Division, PHDCCI in Chairman, International Affairs Ambassador, Embassy of India, Baku, Tassociation with the Embassy Committee for Europe & CIS, PHDCCI Azerbaijan appreciated PHDCCI for of India, Baku, Azerbaijan organized shared that both the nations have the initiative of organizing proactive a Virtual B2B Meet between India and friendly relations and growing virtual B2B platform for buyers/sellers Azerbaijan on July 29, 2020. bilateral cooperation. The virtual meet to connect. He mentioned that the Mr. Pradeep Multani, Vice between the counterparts of both trade dynamics between India and President, PHDCCI welcomed the the nations will act as offshoots for Azerbaijan is of immense potential and eminent dignitaries and shared a brief furthering of bilateral economic and there been a rise of 7.7% in exports in insight about India-Azerbaijan trade business relations. Mr. Vikram Gera, the last six months. relations. He informed that the Virtual Co-chairman, International Affairs Mr. Saurabh Sanyal, Secretary Buyer-Seller Meet is a solution to help Committee for Europe & CIS, PHDCCI General, PHDCCI delivered the formal the industries in the current situation said that virtual meetings will provide vote- of- thanks to the esteemed as it will connect the Indian Companies great opportunity to connect & reach delegates. with their existing buyers, reach out to across emerging markets and it’s an new buyers across emerging markets opportune time to build upon the and support the Indian exporters to a historic ties that India shares with large extent. Azerbaijan.

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Interactive Session with Chief Delhi BJP Unit on Role of PHD Chamber during COVID -19

he Delhi & NCR Committee Ms. Pooja Suri, BJP Delhi medical equipments to hospitals, of PHD Chamber organized congratulated PHD Chamber for medical facilities, provision of fruit Ta video conference with Mr. completing 115 years and deliberated juices and bottled water distribution Adesh Kumar Gupta, Chief, Delhi BJP about the noble steps undertaken in these crucial times. Unit on August 1, 2020 on the ‘Role by PHD Chamber towards PM Cares Mr. Pradeep Multani, Vice of PHD Chamber during COVID-19’. Fund and other social activities for President, PHD Chamber while The agenda of the interaction was to cushioning the various sectors of the appreciating the efforts undertaken highlight the initiatives taken by PHD society in these challenging times. by Mr. Adesh Kumar Gupta towards Chamber during the lockdown due to Mr. Adesh Kumar Gupta stated developing Delhi, mentioned the COVID-19 to improve ease of doing that our Prime Minister has the problems faced in Delhi that included business in Delhi. vision to convert a challenge into high rates of electricity and licensing. Mr. Adesh Kumar Gupta Chief of an opportunity and this is the time He suggested the need for a one-time Delhi BJP Unit was the chief guest to practically implement Ease of process with simplified registration while Ms. Pooja Suri, BJP was the Doing Business across the industry. and easy digital process. guest speaker. Mr. Gupta lauded the proactive Mr. Sanjay Aggarwal, Senior Dr D K Aggarwal, President, PHD measures taken by PHD Chamber by Vice President, PHD Chamber while Chamber congratulated the Chief significant contribution towards PM delivering the formal vote-of-thanks to Guest, Mr. Adesh Kumar Gupta for Cares Fund, submitting more than 140 the esteemed delegates, mentioned being appointed as the President representations and supporting every that PHD Chamber will stand in of BJP, Delhi Zone and apprised sector of the society. He also thanked full solidarity and support with the him about the contribution of PHD PHD Chamber for its wholehearted government and continue to serve in Chamber in the process of Nation- social contribution in the form of the development of the nation. building. food distribution, providing ration to the needy and other supporting staff,

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Creating Multimodal Transport Network using Big Data

he Infrastructure Development Committee of PHD Chamber Torganized a Virtual Conference on ‘Creating Multimodal Transport Network Using Big Data’ on August 4, 2020. Mr. Mansukh Mandaviya, Hon’ble Minister of State (Independent Charge) for Shipping building a Aatma Nirbhar Bharat, we Mandaviya, Hon’ble Minister of State and Minister of State for Chemicals need a robust & competitive multi- (Independent Charge) for Shipping and Fertilizers was the Chief Guest at modal logistics sector which will and Minister of State for Chemicals the conference. The objective of this go a long way in boosting India’s and Fertilizers in his inaugural address virtual conference was to deliberate quest for achieving its aspiration for mentioned that logistics has a great on issue specific strategies and action a prosperous economy. She added, impact on economy and businesses plan whereby our transportation we need to unlock the potential of for which we need to lower the cost network can become robust and this sector, that can fuel economic of logistics. He further added that integrated with adoption of new age growth & development, by building there is a need to use big data and, technologies such as Big Data. a robust system; enabling different for the same, Government of India modes of transportation to seamlessly has launched PCS 1x System which Dr D K Aggarwal, President, PHD transfer cargo; ensure that freight is increases the ease of doing business Chamber in his presidential address channelled through the most effective and seamlessly integrates 8 new mentioned that keeping in line with network making it faster, safer, cost- stakeholders besides the 19 existing the new logistics policy, we need to effective and energy efficient. stakeholders from the maritime trade implement a Multimodal Transport on a single platform. He further added, Network that can change the Ms. Joshi highlighted that we need to make a model for India, landscape of logistics in the country. . infrastructure development has always been a pivotal area for driving looking at the current situation of Mr. Ashish Wig, Chairman, economic development of the nation. the country, its vision, and its mission Infrastructure Development With regard to technology and and with all forms of transportation Committee, PHD Chamber while big data, she mentioned the need coming together and with better sharing his industry perspective, for inter-connectivity of logistics planning and execution we are sure discussed the challenges and with technology that will help to to attain PM Modi’s vision to become opportunities for the Multimodal revolutionize this industry. It has the self-reliant. Transport Network. He also talked potential to have far-reaching payoffs Mr. Sanjay Aggarwal, Senior about how engine-less trains and for a leaner and smarter logistics by Vice President, PHD Chamber in his driverless metros have used digital ensuring a smoother interface for concluding remarks assured that PHD transformative technologies like multimodal logistics stakeholders with Chamber will stand in full support Internet of Things (IOTs) and on same seamless delivery. She stated that the with the efforts of the government pattern Big Data can help in creating focus needs to be on Big Data which and will always submit their effective Multimodal Transport Network in is possible with process, planning, and representations to the government India. better coordination. By doing this, we for development of the nation. Ms. H K Joshi, Chairperson can achieve the dream of Digital India; The session was moderated by & Managing Director, Shipping at the same time stimulate growth Dr Ranjeet Mehta, Principal Director, Corporation of India (SCI), in her and employment in the economy, PHD Chamber. keynote address mentioned that to added Ms. Joshi. achieve the propagated message Chief Guest, Mr. Mansukh of our Hon’ble Prime Minister of

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Webinar on Ayurveda Rasayana- Immunomodulators in Restoring Holistic Health, Series- II

he AYUSH Committee of PHD is changing at a rapid pace. He also talked about the Target immune Chamber organized the second underlined that Immunomodulators cells and their significant roles and Tseries of the webinar on Ayurveda are considered as one of the most functions. Rasayana-Immunomodulators in potent tools in the management Dr Pradeep Dua, Scientist- ‘C’ Restoring Holistic Health, Series- II on of health and disease by modern Medical Equipment and Hospital August 6, 2020. medicine. Planning Department (MHD), Bureau The eminent panellists were Mr. Arvind Varchaswi, Chairman, of Indian Standards (BIS) shared a Professor (Dr) R.K. Goyal, Vice AYUSH Committee, PHD Chamber presentation about severe acute Chancellor, Delhi Pharmaceutical in his industry remarks mentioned respiratory syndrome and common Sciences and Research University about how the entire AYUSH system symptoms related to COVID-19. Dr Dua (DPSRU); Dr Pradeep Dua, Scientist- has grown very rapidly during the last also highlighted about the guidelines ‘C’ Medical Equipment and Hospital few years. He also talked about the issued by the Ministry of AYUSH to Planning Department (MHD), Bureau role of mental and physical health and tackle the ongoing pandemic. He also of Indian Standards (BIS); Dr. Gopesh how the AYUSH system of medicine explained about the classification of Mangal, Associate Professor, PG Dept. played a very significant role in getting Rasayanas in Ayurveda and how Yoga of Panchkarma National Institute of worldwide recognition. plays an important role in improving Ayurveda, Jaipur and Dr Rakhi Mehra, Professor (Dr) R.K. Goyal, Vice body flexibility & relieves mental Prof. & HOD, Shalya Tantra and Dr. Chancellor, Delhi Pharmaceutical stress. Anar Singh Ayurvedic Medical College Sciences and Research University Dr Dua also talked about the & Hosptial. (DPSRU) shared a presentation concept of Immunity in Ayurveda Mr. Pradeep Multani, Vice about the overall benefits from and apprised how Ministry of President, PHD Chamber welcomed these Immunomodultors and how AYUSH has immensely worked the eminent panellists and mentioned these could be useful in building up on the AYUSH system resulting in that the role of immunomodulators the immunity. He also explained the phenomenal growth in terms of in modern medicine is yet to be fully immense mechanism and significant AYUSH practitioners, Government appreciated or perceived as our role of Rasayana-Immunomodulators hospitals, Ayurveda colleges and understanding of immune system in Restoring Holistic Health. Dr Goyal private manufacturing units.

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Dr Rakhi Mehra, Prof. & HOD, enhancing immunity. process and is beneficial for the skin. Shalya Tantra, Dr Anar Singh Ayurvedic Dr Gopesh Mangal, Associate He also shared the role and function Medical College & Hospital spoke Professor, PG Dept. of Panchkarma of these Immunomodulators to help about the radiation exposure and National Institute of Ayurveda, in increasing the overall immunity in AYUSH system of medicine. She talked Jaipur explained the concept of Ritu the body. about natural remedies like ginger, Shodhan and how these could be Mr. Saurabh Sanyal, Secretary Chyavanprash and luke warm water useful in detoxification of tissues and General, PHD Chamber delivered the and use of Indian herbs like haldi help in preventing various diseases. He vote-of-thanks to the Panelists. and other ingredients could be very also explained about the Panchkarma The session was moderated by Mr. beneficial in increasing the immmunity treatment as a part of Dincharya Vivek Seigell, Principal Director, PHD of an individual to fight against any and shared the various benefits Chamber. The webinar was sponsored disease. She also suggested that one from the Panchkarma treatment. Dr by Multani Pharmaceuticals Ltd. should follow a holistic approach Mangal also explained the concept and was attended by more than 150 and explained the role of Ayurveda of Abhyanga and how this massage delegates. Rasayana-Immunomodulators in therapy slows down the Aging

Entrepreneurial Opportunities And Idea Generation - Validation And Evaluation

he MSME Committee of PHD industry and the opportunities for to make the decision and start the Chamber in association with growth available in the present times. business. Tthe Centre for Innovation, Dr Ranjeet Mehta Principal Mr. Vivek Dahiya, Founder, Boudhik Incubation and Entrepreneurship Director, PHDCCI mentioned that Ventures talked about idea, idealizing, (CIIE), NIIT University for Pursuing, India has 62.5% of its population validation, and evaluation which is Fostering & Transforming Ideas to in the age group of 15-59 years considered as a starting step towards Enterprises, organized a webinar which is ever increasing and will be building a start-up. He deliberated on “Entrepreneurial Opportunities at the peak around 2036 when it about making the idea into a reality and Idea Generation- Validation and will reach approximately 65%. The through examples and case studies Evaluation” on August 29, 2020 . The COVID-19 pandemic has amplified the of various start-ups and companies. objective of the session was to provide challenges to the youth with regards He talked about the importance of a guidance on creating and presenting to employment opportunities. starting point, planning, strategizing, ideas for businesses to students Mr. D P Goel, Co-chairman, and making it flexible for the changing and start- ups that are starting their MSME Committee, PHDCCI stated times. He also shared success stories ventures. that coming up with a great idea or of students in colleges, making their Prof Eswaran Narasimhan, Dean spotting an opportunity is the key to start-ups and now flourishing in the Industry Practice, NIIT University successful business. The first idea is industry. shared the issues and challenges usually not the best. In order to have Over 150 participants attended faced by the new start-ups in setting a great idea you need to have many the webinar which included students, up businesses. He explained the past ideas. You need to evaluate your ideas entrepreneurs, educationalists and and present of the entrepreneurship from different perspectives in order start-up aspirants across the country.

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Leadership & Management Lessons from the Ramayana & the Mahabharata

See the difference between Tathya and Satya and Live like a Ram at Home and manage problems like Krishna at workplace in Mahabharat said Mr. Atul Satya Koushik while explaining the Management lessons from Ramayana & Mahabharata. he Entertainment, Media, Art and Culture Committee, PHD TChamber organized a webinar on ‘Leadership & Management Lessons from the Ramayana & the which language you are using to Mahabharata’ on August 8, 2020. communicate with others rather it Mr. Atul Satya Koushik is a prolific is the message and purpose of your leadership and motivational speaker communication which is the most who has been able to combine important. Also, a good leader always profession and passion immaculately. listens more and speaks less. He began with an inspiring thought of Talking about the types of team “Learning from the past, working in members, Mr. Koushik gave examples the present accordingly, to make the of Lord Hanuman, Bhima, Arjuna and future brighter.” Shikhandi - characteristics of whom “Truth and Fact are two different vary on the basis of what motivates things”, which he supported with them and what are their individual an interesting instance of Lord capabilities. Ganesha considering his parents as He concluded with the emphasis his complete universe.He mentioned on the quote “Practice makes a man that the current times require each perfect” reminding everyone about employee to prove himself worthy the due respect they should give to and leadership lessons. for the employer. A good leader nature. Mr. Mukesh Gupta, Chairman, always strives to form a second line Dr D K Aggarwal, President, PHD Entertainment, Media, Art and Culture of leaders with him and gives ample Chamber said that during these times Committee, PHD Chamber said that opportunities to his team mates to of uncertainty, the leadership and such programs spread positivity prove themselves, he said. managerial lessons from epics like during the negative times of lockdown Referring to Lord Rama’s 14 years Ramayana and Mahabharata hold through its series called “Spreading of exile, he stated that in today’s great relevance. Happiness”. world survival of the fittest is only Mr. Sanjay Aggarwal, Senior Vice Mr. Koushik was felicitated with a possible. One should always be ready President, PHD Chamber extended Sammaan Patra by PHD Chamber for to sacrifice the luxuries and face the a heartfelt thanks to Mr. Koushik enlightening through his session. hardships of life. for inculcating the perspective in all Mentioning about the importance the participants that Ramayana and The webinar had a participation of communication in an organizational Mahabharata are not just holy books of around 500 people through Zoom, setup, he said that it is not important but also a great source of managerial Sadhna Youtube & Facebook Live.

PHD Chamber Bulletin | September - November 2020 27 CAW

Role of Telecom Infrastructure in Digital Services during COVID-19

he Telecom Committee of spread of COVID-19 and an increase in our daily routine is also of prime PHDCCI organized an interactive in countries imposing restrictions on importance. The government and NITI webinar on the ‘Role of Telecom movement, our daily lives require Aayog are undertaking collaborative T measures for the growth and Infrastructure in Digital Services more time at home and more usage during COVID-19’ on August 10, 2020. of data for work and leisure, resulting development of this sector making it swift, time-saving and cost-effective. The eminent panellists were Mr. in a significant impact on the telecom Ajit Pai, Distinguished Expert, NITI sector. Mr. Ravindra Pandey, Deputy Aayog; Mr. Ravindra Pandey, Deputy Mr. Sandeep Aggarwal, Chairman, Managing Director (Strategy) & Managing Director (Strategy) & Telecom Committee, PHDCCI Chief Digital Officer, State Bank of Chief Digital Officer, State Bank of mentioned that COVID-19 pandemic India discussed the importance of India; Mr. Badrinath Kilambi, Head has shown that digital connectivity telecom for mobility. He mentioned of IT Department, AP Mahesh Co- is critical to societal resilience and two things that form the backbone operative Urban Bank Ltd. and Mr. business continuity in times of crisis. which includes a new vertical that Arun Karna, Managing Director and He added that India needs to invest has been created to look after the Chief Executive Officer, AT&T Global heavily in telecom infrastructure and financial inclusion and developing the Network Services India Private Ltd. capital investments need acceleration. agricultural sector by boosting it with digitalization and thereby reducing Mr. Sanjay Aggarwal, Senior Mr. Ajit Pai, Distinguished Expert, the footfall of customers in the banks. Vice President, PHD Chamber NITI Aayog mentioned that the mentioned that the pandemic has Arogya Setu App attained its desired He sais that during the pandemic, demonstrated critical importance that success due to efficient telecom digitalization of banking services has telecommunications infrastructure infrastructure in India. While the increased, creating an opportunity plays in keeping businesses, basics of infrastructure are in place, to uplift the digital and telecom governments, and societies connected we still have a long way to go for state infrastructure to cater to future needs and running. Also the economic of art-infrastructure in the telecom of the Nation. With an increase in the and social disruptions caused by the sector. He also underlined that the power and telecom consumption, pandemic has made people across investment inflow in infrastructure, up-gradation of infrastructure is of the globe rely on technology for logistics and telecom industry are of paramount importance, he underlined. information, for social distancing and utmost priority for NITI Aayog, which Mr. Badrinath Kilambi, Head working from home. will also aid India’s economic growth of IT Department, AP Mahesh He added that the and development. Co-operative Urban Bank Ltd. telecommunication sector has Giving a brief about Bharat mentioned as to how telecom was played the role of a lifesaver for the Net Project, he said that while we the backbone of our ecosystem companies and individuals during are focusing on infrastructure and during COVID-19 and sectors like IT, lockdown. He said that given the quick technology, focusing on its usage telecom and infrastructure depend

28 PHD Chamber Bulletin | September - November 2020 CAW on banks for support. According to how the priorities of enterprises have and how it worked during the times of him, video conferences, business changed since COVID-19 by improving COVID-19. . meetings, online education have all operational efficiency; reducing Dr Yogesh Srivastav, Principal been possible from home during the costs; maintaining market share and Director, PHDCCI delivered the formal lockdown. E-services, OTT platforms, competitiveness; increasing consumer vote-of-thanks to all the panelists e-commerce and e-governance have satisfaction, accelerating product along with moderating the session. increased significantly during the development, improving supplier The webinar was supported by AP pandemic. relationship, etc. Mahesh Co-operative Urban Bank Mr. Arun Karna, Managing Director Mr. Alok Mukherjee, Co-chairman- Ltd. and was attended by around and Chief Executive Officer, AT&T Telecom Committee, PHDCCI while 100 participants along with industry Global Network Services India Private moderating the technical session, stalwarts’ pan-India. Ltd. in his presentation discussed gave an overall industry perspective

First Master Class on Key Competition Issues that have arisen due to COVID- 19

he Corporate Affairs Committee economy might prompt companies to AZB& Partners was the eminent of PHDCCI organized the collaborate with their competitors to speaker for the webinar and through TFirst Master Class on “Key tackle the uncertainty and hardships. her presentation, highlighted about Competition Issues that have arisen However, Companies must note that the CCI Advisory on competitor due to COVID-19” on August 11, 2020 antitrust laws are being continued collaboration which states that the through Zoom which was part of a to apply and all business decisions companies associated in the business Two Days Online Master Class on undertaken by companies must not fall of essential goods or services must Corporate Compliances. foul of the provisions of Competition not involve themselves in any kind Mr. Naveen N D Gupta, Chairman, Act, 2002. of anti-competitive activities and Corporate Affairs Committee, PHDCCI Mr. Vijay Jhalani, Co-chairman, should refrain from an unnecessary or during his opening address mentioned Corporate Affairs Committee, PHDCCI arbitrary hike in the prices of essential that Competition Commission of India in his theme address mentioned that commodities. She also talked about (CCI) has taken the right approach by during COVID-19, industries dealing provisions related to pricing risk assessing the adverse effects to the with non-essential goods and products & misuse of market power and market competition on a case-to-case have been facing huge losses, leading highlighted recent likely trends and basis and by also taking into account to shutdown of their operations. conflicts in Indian Competition Law. the hardships which may arise in the However, on the other hand, this Mr. Naveen N D Gupta, Chairman, present COVID-19 situation. pandemic has also created many Corporate Affairs Committee, PHDCCI Mr. Pradeep Multani, Vice beneficial opportunities for sectors delivered the formal vote- of- thanks President- PHDCCI in his welcome dealing in essential commodities like to the eminent speaker, sponsor address suggested that the impact healthcare, pharma, telecom, FMCG and participants. The webinar was of COVID-19 on the functioning of the and retail. sponsored by BSES Rajdhani Power Ms. Aditi Gopalakrishnan, Partner, Ltd. and was live on Youtube.

PHD Chamber Bulletin | September - November 2020 29 CAW Virtual B2B Meet between India & Myanmar

he PHDCCI International Affairs Committee and Trade Fairs TDivision with the support of Embassy of India, Yangon, Myanmar and in association with India Myanmar Chamber of Commerce, Myanmar (IMCC) organized a Virtual B2B Meet between India & Myanmar on August 21, 2020. Mr. Pradeep Multani, Vice President, PHDCCI while welcoming the dignitaries apprised about the activities of the Chamber and shared a brief insight about India and Myanmar Trade relations. He highlighted that for India in particular, Myanmar is a crucial link to the ASEAN market and an avenue for development of India’s North East Region. Mr. Sunil Seth, President, India promote investments in Myanmar. The inaugural session was Myanmar Chamber of Commerce, He mentioned the potential areas of moderated by Mr. Rakesh Sangrai, Myanmar appreciated PHDCCI for investment where India and Myanmar Secretary, PHDCCI and witnessed the organizing this virtual B2B platform can collaborate including sectors like participation of more than over 200 for buyers and sellers to connect agro, logistic, timber, stone, oil & gas, businessmen from India and Myanmar which will further enhance bilateral telecom, renewable energy, retail, representing multiple sectors. economic and business relations solar power, healthcare, education The India - Myanmar Virtual B2B between both nations. He shared and telecom. was organized between 15 Indian that Myanmar today is one of the last Mr. Saurabh Sanyal, Secretary Companies and over 30 Companies frontier markets in ASEAN, it aims to General, PHDCCI while delivering the from Myanmar representing be a US$ 200 billion economy by the formal vote- of- thanks anticipated Healthcare & Pharmaceuticals, year 2030. that this interaction between the Construction, Chemicals, Textiles, IT, He also appreciated the proactive business communities from India Consumer Durables, Light Engineering role played by the Myanmar and Myanmar will be offshoots in and Food Processing sector. Investment Commission (MIC) which furthering the trade and economic acts as a single body investment relations between the two great window to facilitate business and nations.

30 PHD Chamber Bulletin | September - November 2020 CAW

India - USA Business Promotion, Challenges and Opportunities Post COVID-19

he International Affairs and Trade relations between India and USA. He highlighted on the India-US trade Fair Division, PHDCCI organized said that India’s exports as well as relations and the strong foundation Tan interactive video conference imports are increasing with the USA, that the two countries share. He said on “India - USA Business Promotion, while with China both are declining. even in 1920, USA was the largest Challenges and Opportunities Post America is one of the few countries trading partner of India that shows COVID-19 on August 11, 2020. with which India has a trade surplus. our strong bonding that will surely Mr. Pradeep Multani, Vice On the other hand, India has a huge become even stronger post COVID-19. President, PHDCCI while welcoming trade deficit with China. He also spoke about the Trade the dignitaries appreciated the regular Dr T.V. Nagendra Prasad, Consul diversions which happened due to deliberations between members of General of India to San Francisco, certain tariff imposition and there was PHDCCI and Indian Missions abroad. USA appreciated the Chamber for a talk of production relocation but it He mentioned that India-US bilateral the initiative. He deliberated that was COVID-19 which gave it a huge relations today not only encompass there is a strong convergence of push. the major pillars of our strategic views between India and the USA. Ms. Rashmi Chopra, Co-chairman, partnership - including security, The broad sectors include Defence, International Affairs Committee for energy and technology - but have Innovation & Entrepreneurship, Americas, PHDCCI highlighted the deepened with greater bilateral Energy, Health, Start-up and Aviation. immense scope that existed between economic engagements and ever Trade between India and the USA both the countries in the Education increasing people-to-people contacts. have jumped substantially to USD 140 sector. He said that PHDCCI is confident that billion per annum. Trade between the Mr. Saurabh Sanyal, Secretary the India - US relations will be even US and India has grown steadily ever General, PHDCCI delivered the formal more stronger post COVID-19 and will since India’s economy began to take vote- of- thanks for the session. bring lot of opportunities for both the off. India is US eighth-largest trading Uflex Limited, Charity Karma and countries. partner in goods and services and is R2 Solutions were the Strategic Mr. Amit Ray, Chairman, among the world’s largest economies. Partners of the event. The session International Affairs Committee for Mr. Sanjay Chadha, Additional was moderated by Mr. Naveen Americas, PHDCCI deliberated upon Secretary, Dept. of Commerce, Seth, Principal Director, PHDCCI and the bilateral trade and economic Ministry of Commerce and Industry witnessed the participation of over 100 industry members.

PHD Chamber Bulletin | September - November 2020 31 CAW

Mr. Ajay Aggarwal, President, the Toy Association of India spoke on the competitiveness of the Indian Industry in manufacturing of toys and games. He also reflected upon the immense export potential of this sector to the world. Mr. Suresh Kumar, Joint Secretary, FT (LAC), Ministry of Commerce spoke on the FOCUS LAC PROGRAME of Ministry of Commerce with the objective of Focus - Country and Focus- Commodity Approach. Mr. Amitava Ray, Chairman, International Affairs Committee Americas, PHDCCI reflected upon the recent trends of bilateral trade between India and Argentina. Ms. Rashmi Chopra, Co-chairman, International Affairs Committee Americas, PHDCCI touched upon sectoral issues faced by the Indian Industry while doing business with Argentina like compulsion of legalization of export documents for the textiles industry, etc. H.E. Mr. Dinesh Bhatia, Ambassador of India to Argentina mentioned that the total bilateral trade figure of USD 3.09 billion achieved in 2019-20 India – Argentina Business between both the nations is historically high. He further highlighted that it is the opportune time for the Industry Promotion, Challenges and houses of both the nations to come forward and explore opportunities Opportunities-Post COVID-19 in sectors like Agriculture & food processing, Agri-machinery, Pharmaceuticals, Healthcare, Mining, he International Affairs and President, PHDCCI, while welcoming ICT, Plastics & Petroleum, Handicrafts, Trade Fair Division, PHDCCI the dignitaries for the session Toys, Automobiles, Tyres, Bicycles, Tin association with the Toy highlighted that India and Argentina Engineering goods and Tourism. Association of India organized a Virtual share a cordial and deep rooted The session was moderated Conference On “India – Argentina economic, cultural and political by Mr. Naveen Seth, Principal Business Promotion, Challenges and relations. He also called upon the Director, PHDCCI and witnessed Opportunities - Post COVID-19 “on Indian Industry to explore more the participation of more than 100 August 7, 2020. avenues and sectors for furtherance delegates. Mr. Pradeep Multani, Vice of bilateral economic cooperation.

32 PHD Chamber Bulletin | September - November 2020 CAW

New Age Agriculture Markets: Opportunities for Private and Institutional Investors

he PHDCCI Capital Market & storage. He highlighted that the agri route is the biggest reform to attract Commodity Market Committee exports from India is also likely to investments in this industry. He Torganized a webinar on reach the target of US$ 60 billion by highlighted that the policy reforms “New Age Agriculture Markets: the year 2022. such as allowing private sector for Opportunities for Private and Mr. Vijay Sardana, Advocate, Delhi investments; interest subvention for Institutional Investors” on August 12, High Court & Member, CDAC-SEBI investments and mobility of farmers 2020. mentioned that to achieve the new for their smaller produce are creating Mr. B. K. Sabharwal Chairman, age agriculture market, there is a need an eco-system for growth of this Capital Market & Commodity Market to move from commodity mindset sector. Committee, PHDCCI moderated the to value added mindset. The pricing Dr Ramesh Chand, Member, webinar and highlighted that recently, policy of India such as MSP without NITI Aayog in his special address Prime Minister launched financing value creation and daily inflation of highlighted that major reforms which facility of Rs. 1 Lakh Crore under the prices is posing challenges for survival are providing big opportunities to Agriculture Infrastructure Fund. Also, of commodity market. With only farmers are E platform, aggregate Rs. 17000 Crore was transferred to technology intervention in agri sector, of institutions, direct delivery by nearly 8.5 Crore farmers under PM- prices will not increase and there is a farmers, linking production to KISAN through direct benefit transfer need to provide products with services processes through contract farming. to Aadhaar linked bank accounts and with some added benefits to force He suggested that additional export it is right to say that farmers are now customers to pay more. He suggested of around one third increase in total ready to be entrepreneurs in line with that instead of reducing cost of agriculture production is required the vision of doubling farmers’ income production, innovation is required to create balance in the domestic of Prime Minister by 2022. to increase profitability, to make the market. To promote this, more people Dr D K Aggarwal, President, market self- sustaining and to achieve need to join agri export business, PHDCCI in his welcome address economic viability of farmers. ensure innovations and states shall mentioned that India is expected Dr Ashok Dalwai, Chairman, avoid imitation of different models. to achieve the ambitious goal of Doubling Farmers Income Committee He appreciated that all government doubling farm income by 2022 due to & CDAC-SEBI mentioned that 100% institutions are aggressively increased investments in agricultural foreign direct investment (FDI) in promoting agri sector and an infrastructure such as irrigation several segments of the agricultural attractive package to promote agri facilities, warehousing and cold industry under direct automatic exports will come soon.

PHD Chamber Bulletin | September - November 2020 33 CAW

Mr. Vijay Kumar, Managing sustainable local agriculture and farmers of India. Director & CEO, National Commodity increase food security will encourage Mr. Pradeep Multani, Vice & Derivatives Exchange Ltd. (NCDEX) future growth. He opined that the President, PHDCCI gave the concluding in his concluding remarks mentioned recent measures announced by remarks and delivered a formal vote- that in the midst of the COVID-19 Government will collectively herald a of- thanks to the esteemed panellists pandemic, the agriculture industry new dawn for the agriculture sector and delegates. is poised for recovery. Commodity in India and show the government’s The webinar was sponsored by prices are stable, farmers appear commitment to championing the NCDEX and CPAI was the associate to be boosting investments and cause of ensuring the welfare and partner. government plans that promote sustainability of livelihoods for the

aiming to transform their companies into institutions may have to start Webinar on Surviving changing their own points of view. He also deliberated about the clarity in mind, sincerity in action and purity Disruption - Solutions in heart, which is the mantra to be followed during the present crisis. Dr Ranjeet Mehta, Principal to Evolve & Grow Director, PHDCCI, while moderating the session, mentioned that disruption he PHD Chamber organized these challenging times. is a hot business topic right now. He a “Webinar on Surviving Mr. Seshadri Ramaswami, Vedic stated that to remain competitive, you TDisruption - Solutions to Academician, Leadership Coach, must invest in self-evaluation. Evolve & Grow“on August 13, 2020. and Founder Mentor Craft was the Mr. D P Goel, Co-chairman, MSME The objective of the webinar was key speaker on the occasion. He Committee, PHDCCI in his welcome to address how organizations are stated that the scientific methods of remarks deliberated about what are surviving these disruptions, what ancient systems are very important key strategies for MSMEs to survive methods can be adopted to bounce to understand how we should go and revive. back and the most important mental forward. He mentioned that leaders well-being of individuals and teams in

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Finance Company Limited (IIFCL) in his keynote address mentioned that long term infrastructure projects with economic prospects appear to be severely impacted by the lockdown induced. He added that India must learn from international experiences such as Eurotunnel project which have secured concessionaire agreement of 99 years with governments of France and Great Britain by using relay financing, which can be used in financing Indian Infrastructure projects to make them financially viable and provide them the much needed stability. He also deliberated that there is a need for providing fresh impetus to financing of mega- infrastructure projects by Public Private Partnerships (PPP) mode. National Infrastructure Pipeline has got investment from big companies and, banks with almost 40% of its projects already in the implementation stage and rest under development. Dr Pawan Singh, Managing Director and CEO PTC India Financial Services (PFS) in his keynote address emphasised that Infrastructure Infrastructure Financing requires a different approach and perspective from traditional asset financing approach Investment during COVID due to difference in nature of assets and liabilities involved and asset lifecycle management dynamics in Times infrastructure projects financing. He added during the pandemic some green he Infrastructure Development stranded. The government has given shoots have sprouted in infrastructure Committee of PHD Chamber significant cushion to this sector with projects, reforms and regulations organized a Virtual Conclave the announcement of the economic undertaken by the government and T other institutions in improving and on ‘Infrastructure Investment During package. He added that there is a Covid Times’ on August 13, 2020. The need to develop long term funds in the increasing infrastructure investment objective of this virtual conference infrastructure development that need and financing in the country. was to discuss and deliberate on to come from development financing Mr. Ashish Wig, Chairman, issue specific strategies and action institutions that will give stability to Infrastructure Development plan whereby our Infrastructure can this sector. Committee, PHD Chamber in his become robust by driving investments Mr. Sanjay Aggarwal, Senior Vice concluding remarks deliberated about in this Sector. President, PHD Chamber in his special the need to develop the infrastructure Dr. D K Aggarwal, President, PHD address highlighted that liquidity for based on our Hon’ble Prime Chamber in his presidential address financing the infrastructure sector Minister’s vision to make India Self- mentioned that Infrastructure is one can be pumped in the economy Reliant. He stated that it’s time for of the success mantras for growth via disbursement of investment industry stalwarts and government and development of any economy and financing through different to come together to work towards and for making India ‘Aatma-Nirbhar forms, which is already happening development of infrastructure in an Bharat’. He emphasized the need to by increased allocation of funds for emerging economy like India. strengthen the local supply chain by Infrastructure investments by the The virtual conclave witnessed reducing the cost of logistics and up- government before the pandemic the presence of Mr. K S Mehta, Past gradation of existing infrastructure started and increased allocation post President, PHD Chamber and industry by going for digital transformation. pandemic that will help in creating stalwarts. The session was moderated Due to COVID-19, infrastructure demand in the economy post by Dr Ranjeet Mehta, Principal spending has been hard hit due to lockdown. Director, PHD Chamber. The conclave reverse migration of workforce, which Mr. Padmanabhan Raja Jaishankar, was supported by PTC India Financial has left many infrastructure projects Managing Director, India infrastructure Services (PFS).

PHD Chamber Bulletin | September - November 2020 35 CAW

National Talent Competition in Tourism & Hospitality Sector Re-packaging Tourism and Hospitality for New Normal

he pandemic will enable the & Principal Advisor – South Asia, and build an enterprising ecosystem. young leaders to make their Radisson Hotel Group and Mr. Vinay Mr. Prahlad Singh Patel mentioned Tcareers in a robust and an Malhotra, Regional Group COO – that under the guidance and support of enterprising ecosystem, said Mr. South Asia, Middle East & North Africa Hon’ble Prime Minister, Mr. Narendra Prahlad Singh Patel, Minister of State and Americas, VFS Global. Modi, we have been able to provide (I/C) for Tourism and Culture. The valedictory session was some help to the industry in the best The Tourism Committee of PHDCCI graced by Chief Guest, Mr. Prahlad possible way. He hoped that after the organized the 4th edition of National Singh Patel, Minister of State (I/C) for opening of all the monuments, hotels, Talent Competition in Tourism & Tourism and Culture, Government of soon banquet halls will be able to Hospitality Sector on the theme Re- India. Mr. Suman Billa (IAS), Director open in half capacity and also added packaging Tourism and Hospitality for – Technical Cooperation & Silk Road that revival of air travel will continue ‘New Normal’ on August 19-20, 2020. Development, UNWTO was also to increase. A total of 18 teams consisting present. Mr. Suman Billa (IAS), Director – of students from 12 Tourism and Chief Guest, Mr. Prahlad Singh Technical Cooperation & Silk Road Hospitality Management Institutes Patel, Minister of State (I/C) for Development, UNWTO, deliberated from all over the country took part Tourism and Culture, stated that the about the challenges faced in the in the competition and highlighted tourism sector faces severe challenges tourism sector due to the pandemic strategies towards recovery of due to the pandemic but this has and mentioned that globally, there the sector while encouraging also opened up new opportunities will be fewer travellers this year due new business models, embracing for development and getting all to which there will be a reduction in digitalization and meeting the safety the stakeholders together to fight tourism revenue. This will have an demands of the guests. against this situation. Encouraging the adverse effect on the job market as The inaugural session was graced students, the Minister said that this well. He predicted that it will take by Ms. Rupinder Brar (IRS), Additional crisis will bring about a change for the 2-3 years for the global economy to Director General – Ministry of Tourism; better and the young leaders will make bounce back. Mr. K B Kachru, Chairman Emeritus their careers much stronger, robust The tourism sector needs to have

36 PHD Chamber Bulletin | September - November 2020 CAW a strong as well as a robust safety and hygiene protocols in place to ensure that tourists can travel with minimum risks. It’s important to reduce the anxiety in the mind of tourists and gain their confidence, underlined Mr. Billa. Ms. Rupinder Brar (IRS), Additional Director General – Ministry of Tourism, Government of India, said that this program being organized by PHD Chamber presents a great opportunity for young minds to think through the crisis, suggest business solutions and realign the industry with the new norms. Mr. Sanjay Aggarwal, Senior Vice President, PHDCCI, lauded the steps undertaken by the government to provide significant cushion to the tourism and hospitality sector in these tough times of the pandemic to aid their revival. Mr Aggarwal highlighted the need for creating a robust and sustainable eco-system for skill development for the budding tourism and hospitality professionals in the country so that they can adapt to the changing demands of the industry. Mr. K B Kachru, Chairman Emeritus & Principal Advisor – South Asia, Radisson Hotel Group, remarked that the tourism industry was the first which saw a complete shutdown in the very first months of the lockdown, but this industry is known for bouncing back and will continue to evolve in of India; Mr. Rajan Bahadur, CEO, the Travel Agents Association of India, the years to come. He suggested that Tourism and Hospitality Skill Council; Northern Region. the key solution is we re-imagine, re- Mr. Anil Parashar, President and CEO, Ms. Radha Bhatia, Chairperson invent, re-align, and re-package our InterGlobe Technology Quotient; – Tourism Committee, PHDCCI, offerings, whether it is operations or Ms. Divia Thani, Editor, Conde Nast spoke about the importance of guest expectations. Traveller; and Mr. Kush Kapoor, Chief skill in the education field. She said Talking about the trends of travel Executive Officer, Roseate Hotels & that tourism has a great capacity to in the recovery phase, Mr. Vinay Resorts. create large-scale employment. Mr. Malhotra, Regional Group COO – Garware Institute of Career Rajan Sehgal, Co-chairman, Tourism South Asia, Middle East & North Africa Education & Development, Committee, PHDCCI, said that this and Americas, VFS Global, pointed out University of Mumbai was adjudged Competition will help the corporates that travelling to new places will still as the Winner of the Competition. for retention of the young talent pool be on the traveller’s bucket lists; luxury Welcomgroup Graduate School of and at the same time provide a unique travel will thrive since it offers an extra Hotel Administration (WGSHA), opportunity to the budding Managers element of safety and exclusivity; Manipal and International Institute to demonstrate their creativity and adventure travellers will continue of Hotel Management (IIHM), Delhi professional prowess. to explore outdoors, and health in were the 1st and 2nd Runners-Up Mr. Saurabh Sanyal, Secretary addition to safety and security would respectively. Ms. Niranjani. B from General, PHDCCI, delivered the be amongst the new norms. Avinashilingam University, Tamil Nadu formal vote- of- thanks to the The Winners of the Competition was selected as the ‘Best Budding eminent dignitaries. The webinar were evaluated by distinguished Manager’ among all the participants. was moderated by Dr Jatinder Singh, panel of Jury Members that included All the Winners were awarded with Director, PHDCCI, and received Mr. Vinod Zutshi (Retd. IAS), Former Cash Prizes, Trophies and Certificates. a participation of more than 150 Secretary – Tourism, Government The Cash Prizes were supported by participants.

PHD Chamber Bulletin | September - November 2020 37 CAW

Mr. Sunoor Kaul, Director, Origo e-CONCLAVE ON BLOCKCHAIN Commodities Pvt. Ltd. said that Indian Agro-based industries are facing three bigger issues i.e. lack of trust TECHNOLOGY FOR mechanism between buyers and sellers; high level of insecurities due to unauthenticated/ fraud certificates AGRICULTURE PRODUCTION and insecurities from unauthorized users for transaction operations. He AND SUPPLY CHAIN underlined that Trade, Transparency and Traceability are three important pillars of the Blockchain technology HDCCI organized an e-Conclave livelihood. Modern technologies by which one can overcome all the on Blockchain for Agriculture like Blockchain require smart and challenges in the agriculture sector PProduction and Supply Chain on higher level of branding in India to and supply chain management. August 21, 2020. The e-Conclave was enhance agriculture and supply chain Mr. Surinder Kalra, Blockchain supported by Software Technology management. Expert, said that Blockchain can Parks of India (STPI), Ministry Mr. Arun Kumar Jha, DG, NPC enhance speed, reliability, security and of Electronics and Information said that to enhance agricultural savings. He asserted that Industry 4.0 Technology and National Productivity productivity, Blockchain, IoT, AI and requires participation of agriculture Council (NPC), Department for other emerging technology is a must sector with amalgamation of emerging Promotion of Industry and Internal to process smart farming. He said technologies such as Blockchain, IoT, Trade. that through Blockchain, farmers AI, ML etc. While talking about the Dr Omkar Rai, DG, STPI mentioned can enhance their networking for vulnerability of Blockchain, he stated that India is on its way to doubling better experience and productivity. that it can be rectified by learning the farmer’s income by 2022. Blockchain can improvise the from international standards such as Agriculture contribute 17-18% of GDP complete chain in agriculture sector General Data Production Regulation in India and 50% of workforce in India which includes production, storage which is followed by the European depends upon agriculture for their and transportation. Union.

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Captain T. S. Ramanujam, CEO, Central Agriculture University is Mr. Ashish Aggarwal, Chairman, Logistic Sector Skill Council (LSC), playing an important role to enhance Startup Forum, PHDCCI in his inaugural Ministry of Skill Development and the agricultural productivity through address highlighted the use cases of Entrepreneurship appreciated innovative ideas and emerging Blockchain technology and how these the initiatives of the Government technologies. In collaboration with can be an important determinant for of India such as eNAM, APMC, STPI, the University is working smart contracts and for agriculture Kisan Rail, etc. He mentioned that towards development of CoE for supply chain. Mr. Bharat Singh Mehta, Blockchain technology is required for amalgamation of technology with Co-chairman, Startup Forum, PHDCCI, enhancing productivity, storage and education to enhance the agriculture delivered the formal vote-of-thanks transportation of agricultural products sector. and said it is very important to educate in short, ‘Farm to Fork’. It is important Mr. Sumit Arora, Blockchain Expert stakeholders such as farmers who are to provide skill training to new age highlighted the importance of Cross totally layman to the technology. techpreneurs. He underlined that Border Supply Chain Management Dr Jatinder Singh, Director, Blockchain provides transparency, where one country seller can sell their PHDCCI gave a vivid description of accuracy and authenticate licensing. products to the buyers from other Blockchain technology applications Dr R. C. Srivastava, Vice Chancellor, country or countries and vice-versa. He and opportunities in agriculture Dr Rajendra Prasad Central Agriculture said that since Blockchain technology sector. University, Department of Agriculture is immutable, so it is important to The e-Conclave was supported by Research and Education, Ministry write our own codes and algorithm ORIGO COMMODITIES INDIA PRIVATE of Agriculture and Farmers Welfare to create any Blockchain program for LIMITED and MASTERCUBE IoT. mentioned that Dr Rajendra Prasad better understanding and results.

PHD Chamber Bulletin | September - November 2020 39 CAW

AYUSH professionals from India and International (3D Virtual) abroad during the 5 days of the expo. The expo was sponsored by Agilent Technologies as Associate Partner and Health & Wellness Expo & NIPER, Ahmedabad as Institutional Partner. Andhra Pradesh MedTech Zone (AMTZ) was the Knowledge Conferences-2020 partner of the entire event. Various healthcare Industry ith a view to spread health Mr. Pradeep Multani, Vice President, associations and policy advocacy and wellness to the world, PHD Chamber; Dr N. Subramanian, bodies of the healthcare domain WHealth & AYUSH Committee Chairman, Health Committee, PHD namely NATHEALTH, Federation of of PHD Chamber along with the Chamber & Director, Medical Services, Pharma Entrepreneurs (FOPE), Indian International Affairs Division organized Indraprastha Apollo Hosptials; Mr. Drug Manufacturers’ Association a first of its kind International (3D Arvind Varchaswi, Chairman, AYUSH (IDMA) and Indian Pharmaceutical Virtual) Virtual Health & Wellness Committee, PHD Chamber & MD, Sri Association (Delhi State Branch) Expo & Conferences from August 21- Srti Tattva; Mr. Vivek Seigell, Principal supported the Expo. The Vizagapatam 25, 2020 in association with Ministry Director, PHD Chamber; Mr. Saurabh Chamber of Commerce & Industry, a of Ayush, Ministry of Science & Sanyal, Secretary General, PHD prominent regional chamber of Andhra Technology & Ministry of Micro, Small Chamber and Mr. Prem Anveshi, MD, Pradesh was also a partner to the & Medium Enterprises. Futurex Trade Fair & Events Pvt. Ltd. expo. Other Industry associations like The International (3D Virtual) The session commenced with All India Plastic Industries Association Health & Wellness Expo brought the Presidential Address by Mr. and Packaging Industry Association of the opportunity to interact with the Multani wherein he mentioned that India also played a significant role. stalwarts of Health & Wellness Industry this Virtual Expo is an important The event was supported by for Innovative products & solutions. initiative of the Chamber which will Yoga and Naturopathy Doctors The five days expo focused on various bring the opportunity to interact with Association, Indian Naturopathy and sectors of Health like Pharmaceuticals, the stalwarts of Health & Wellness Yoga Graduates’ Medical Association Medical Devices, Health Care Delivery, industry for innovative products (INYGMA) and Community for Diagnostics, Clinical Trails, Research & and solutions in a unique 3D virtual Ayurvedic Research & Education Innovations and Wellness sectors such way. (CARE). as Ayurveda, Yoga & Naturopathy, This was a first ever exhibition on To ensure a proper publicity and Unani, Siddha & Homoeopathy. a 3D gaming platform, where mobile press coverage of the 5 days exhibition This Expo also included knowledge application was launched for the and conference, a number of media sessions and technical sessions for the event and this got more than 1000 partners were taken on board like industry and public. downloads on Google Play store. Medgate Today, Crystal Hues, Medical At the inaugural session held There was participation of more Dialogues, Pharmatutor, Drug Today, on August 21, 2020, the dignitaries than 9500 visitors of buyers, traders, Health Mantra and APAC. present during the virtual session were importers, healthcare professionals,

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International (3D Virtual) Health & Wellness Expo & Conferences-2020 Technical Session on Ayurveda in Pandemic Times & Beyond

HD Chamber organized a Mr. Pradeep Multani, Vice Ministry of AYUSH. He emphasized technical session on ‘Ayurveda President, PHD Chamber in his on the need to build the education Pin Pandemic Times & Beyond’ address spoke on how the entire system of AYUSH discipline. on August 21, 2020 on the first day of system of Ayurveda has received more Prof. Vaidya K.S. Dhiman, Director the International (3D Virtual) Health & recognition globally during the last General, CCRAS, Ministry of AYUSH Wellness Expo & Conferences-2020. few years. stressed on the need to follow a Eminent panelists present during Mr. Jitender Sodhi, Managing balanced diet, maintain a healthy the session were Padma Bhushan Director, AYUSH Herbs Pvt. Ltd. stated lifestyle and practice yoga to tackle and Padma Shree Awardee Vd. that Ayurveda has been playing a major the ongoing pandemic situation. He Devendra Triguna, President of role during the on-going pandemic. said that the AYUSH system should be AMAM, All India Ayurvedic Congress There has been an immense demand recognized as a system of healing. He & Ayurveda Mahasammelan; Prof. for Ayurveda immunity booster added that there is a need to promote Vaidya K.S. Dhiman, Director General, products in the market for building research in the field of AYUSH. The CCRAS, Ministry of AYUSH and Mr. immunity. Chinese system of medicine follows Jitender Sodhi, Managing Director, Mr. Arvind Varchaswi, Chairman, different norms, which should be AYUSH Herbs Pvt. Ltd. The session AYUSH Committee, PHD Chamber said implemented in the Indian system of on Ayurveda was moderated by Mr. that the AYUSH system for the first Medicine. Vivek Seigell, Principal Director, PHD time, has been recognized as essential Prof. Vd Dhiman apprised that Chamber. commodities and services by the

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Rs. 4000 cr have been sanctioned by doctors with dignity at par with others. that exports of Ayurvedic products the Ministry of AYUSH to National Padma Bhushan & Padma Shree and ingredients have increased during Medicinal Plant Board to make the Awardee Vd. Devendra Triguna, the COVID-19 period. He mentioned quality of the ingredients better and President of AMAM, All India about the ‘Dhupan Samagari’ which cheaper with an aim to double the Ayurvedic Congress and Ayurveda on fumigation can prevent the spread income of farmers. He said that the Mahasammelan talked about the of Covid and also purifies the body. demand for Ashwagandha has also AYUSH Karha which was distributed The session was attended by increased one hundred times recently in New Delhi to all policemen for more than 150 people through zoom, and there’s a shortage in the current building their immunity during youtube and the expo platform. market. He added that there is need pandemic times. He also mentioned to recognize the efforts of AYUSH

Technical Session On Homoeopathy In Pandemic Times & Beyond

he PHD Chamber organized Homoeopathy has been successful which helped them in fighting with the a technical session on in treating patients with mild COVID pandemic and appreciated the role of T‘Homoeopathy in Pandemic symptoms. the Industry which came forward for Times & Beyond’ on August 22, 2020 Dr Khurana apprised that CCRH is this initiative. on the Second day of the International doing various researches, multicentric Dr S.P.S. Bakshi, Chairman-cum- (3D Virtual) Health & Wellness Expo & studies, clinical trials and collaborating Managing Director, Bakson’s Drug Conferences-2020. with many organizations, various and Pharmaceuticals Pvt. Ltd. said Dr Anil Khurana, Director private hospitals and the AYUSH that there is a need to allow adjuvant General In-Charge, CCRH, Ministry of Industry. He emphasized that a treatment of Homeopathy with AYUSH shared that WHO is working module of Homeopathy should be Modern Medicine for COVID-19. He with CCRH, Ministry of AYUSH on incorporated in the education system cited his own experience of recovery education standards and benchmark and also a benchmark for the same at Sir Gangaram Hospital where he in Homeopathy colleges and also should be brought in place. He also was allowed to have modern medicine appreciated the fact that NEP will talked about the free distribution and shared that he recovered in also ensure that Indian medicine of Homoeopathic medicines to all a record number of three days module is taught to the Medical the policemen in Delhi, Punjab and from his fever. He also said that a students of modern medicine. He said Gujarat by the State Governments, collaborative approach is required and

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Homoeopaths should work together symptoms. The various immunity the Ministry of AYUSH about the with allopath doctors for better boosters available in the market could AYUSH System of medicine. He also results. be very useful during Covid period. He mentioned that Amity University will Dr R N Wahi, Vice-President, South said that the Govt. of India should take be soon signing an MoU with the Delhi Homoeopathic Association said important measures for the growth CCRH for taking the homoeopathic that the history of Homoeopathy of the homoeopathy fraternity and system ahead. is very unique in curing various some regulations are required to be Mr. Vivek Seigell, Principal severe diseases in the past and will implemented for the industry. Director, PHD Chamber delivered the also be successful in the future. He Prof. Satyendra K Rajput, Director, vote-of- thanks to all the panelists and said homoeopathy has potential in Amity University talked about the informed that PHD Chamber was the treating COVID patients with mild recent guidelines put in place by first to take an initiative by organizing

Technical Session on Enhancing the Export Opportunities in Pharma

he Second day of the exporter of formulations by volume the total consumption. Dr Dua further International (3D Virtual) & tenth by value, exporting to more added that we have highest number THealth & Wellness Expo & than 180 countries which is 22% of of USFDA approved sites outside USA Conferences-2020 of PHD Chamber global exports of US$ 20.58 billion in and 90% of WHO prequalified APIs are commenced with the technical FY-20 with a CAGR of 13%. sourced from India. Talking about the session on ‘Enhancing the Export Dr Dua also mentioned that Indian Global fight against the Pandemic, Dr Opportunities in Pharma’ on August pharmaceutical companies have Dua mentioned that India has supplied 22, 2020. contributed towards better health HCQ (Hydroxy Chloroquine) tablets Dr Dinesh Dua, Chairman, outcomes globally with 60% of Global to 112 nations as a Pharmacy of the Pharmexcil moderated the session vaccine production, 90% of WHO world with an India Pharma Export and shared a brief detail on the Indian demand for measles vaccine, 40-70% performance of US$ 20.58 billion in FY pharmaceutical market size and the of WHO demand for DPT (Diphtheria, 2020 with a growth rate of 7.57%. export potential. He mentioned that Tetanus and Pertussis) and BCG Talking about accelerating India’s the current market size of the Indian (Bacillus Calmette-Giuerin) vaccines, Exports, Dr Dua suggested that Pharmaceutical Industry is US$ 40.6 25% of Medicines used in UK are Affordable Generics, Policy measures billion which went up from US$ 6 made in India, 33% of Pills consumed to reduce import dependence on APIs, billion in 2005 with a CAGR 17 %. He in US are produced by Indian generic Bulk Drug Promotion Scheme, PLI added that India is the third largest manufacturers which is one third of Schemes and regulatory convergence

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for optimum utilization of resources that it is also a responsibility of Dr Samir Vyas, Director, Application and fast tracking the approvals are Indian pharma to supply consistent Solution & Business, Agilent the important pillars to accelerate quality. “Government of India should Technologies gave a brief about the exports. have a laser focus approach towards Agilent Technology’s footprints at Mr. Anil Khaitan, Former the Indian Pharmaceutical sector, global as well as India and how Agilent President, PHD Chamber & Chairman, considering that it will be the next can add value towards increasing the Sunil Healthcare Ltd and SNK Corp IT industry, as it has a potential for pharma exports. He also mentioned stated that India has around 12.5 generating huge amount of foreign about the immense focus on lakh registered companies. Ten lakh exchange, employment, technology compliance network and emphasized companies are there whose turnover and skilling” added Mr. Anil Khaitan. on Credibility, Competitiveness, is below Rs. 250 crores which fall Mr. Bhavin Mehta, Director, Connect & Collaboration to accelerate under the new definition of MSMEs Kilitch Drugs (India) Ltd. emphasized the exports. Dr Vyas also agreed to and many of our Pharma Companies that the Indian Pharma Industry has Mr. Khaitan’s view for Government to belong to the Pharma and healthcare earned the respect during the Covid have a laser focus for Pharmaceutical sector which have benefited from the period and this is the right time to Industry considering it to be the next announcements made for the MSME grab this opportunity to grow our IT industry of India. sector by the government and also exports further. Mr. Mehta specifically The session was live through Zoom, the 5% interest subvention by the mentioned about the duty draw back YouTube, the Conference platform government to the exporters. received by the industry in China i.e. of 3D Virtual Health & Wellness Expo Mr. Khaitan emphasized that our 5%, 11% & up to 12% for life saving drugs and was attended by more than 150 regulatory overreach, deficit of trust is a boost for the industry while in delegates. between Industry & Government India it is around 3-5% only. Mr. Mehta should be tackled well so that the also talked about the need of Indian industry can become “Aatma Nirbhar Pharmacopoeia (IP) recognition to in true sense”. Mr. Khaitan added increase our exports.

Technical Session on Medical Devices Sector: Self Sufficiency (Atma-Nirbhar Bharat) in Medical Technology

HD Chamber organized a International (3D Virtual) Health & Gedam, Addl. CEO, Ayushman Bharat; technical session on ‘Medical Wellness Expo & Conferences-2020 on Dr Jitender Sharma, MD, AMTZ; Dr PDevices Sector: Self Sufficiency August 24, 2020. Ashok Seth, Chairman, Fortis Escort (Atma-Nirbhar Bharat) in Medical The eminent panelists present Hospitals; Mr. Ganesh Sabat, CEO, Technology’ on the fourth day of the during the session were Dr. Praveen Sahajanand Medical Technologies Pvt.

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Ltd, and Mr. Sunil Khurana, CEO, BPL GDP and this should be encouraged opportunity for India to become self- Medical Technology. at the University level. There should reliant in healthcare. Giving a brief about the medical be a fast patent process, support of Mr. Sabat said that today there is a device industry, Dr Praveen Gedam, Government funding for innovations, renewed interest in the medical device Addl. CEO, Ayushman Bharat fast regulatory approvals and a sector and significant investments mentioned that the Indian medical financial reward for R&D to encourage and stimulus packages in this sector device market is of US$ 11 billion innovations. will surely enable to make meaningful growing at a CAGR of 15% and the Dr Seth also mentioned that progress for India to emerge as a market is expected to touch US$ the real Aatma Nirbharta is when global leader. The need of the hour 50 billion by 2025. Dr Gedam also the Indian Stents and devices like is to invest in all healthcare areas and pointed out that despite having skilled pacemakers beats in the heart of US build critical volume that domestic manpower, scale and a big market and UK citizens because of the quality players can tap onto. size, over US$ 6.2 bn of medical and not only as a low price option, Mr. Sabat urged that Aayushman devices are imported in India showing which makes the industry viable and Bharat needs a National and almost 75-80% of import dependency. shine across the world. Centralized Reimbursement Agency He mentioned that the Covid Mentioning about the Covid that has acceptance nationally and in situation and geo political reasons situation, Prof. Parag Singhal said that every state. Further, it should also be depicts India’s ability to innovate, first time in the history of 60 years, noted that there should be continuous produce and become self-reliant in United Kingdom has a deficit of 101% of up-gradation of technology and R&D Medical devices giving an example of their GDP. Before it was like 18 weeks in the device sector and provisions PPE kits; India is producing more than as a turn-around time for a patient, should also be made to include 6 lakhs PPE kits per day. starting from primary consultation. state-of-the-art healthcare devices Dr Gedam mentioned about the Now a days, the highest waiting time in the reimbursement segment too, world’s largest Government funded for elective orthopedic surgeries has as and when the newer version is insurance scheme which caters to increased to almost 3 years, which is available. Mr. Sabat also requested more than 540 million people and the highest ever in the history of UK the Government to seize this about the Health ID being a part of healthcare. opportunity to revive the domestic the National Digital Health Mission. Prof. Singhal said that since India industry so that India ensures Self- Dr Gedam invited the private sector is currently the capital of diabetes, sufficiency, accessibility, availability to collaborate and urged both public self-care management becomes very and affordability in Healthcare. and private sector to work hand in important, especially in the post Covid Mr. Sunil Khurana, CEO, BPL hand for the growth of the healthcare scenario where the contact with Medical Technology mentioned that sector while ensuring the quality and healthcare professionals is going to be India is emerging as a large market and help to the needy people by giving minimal and remote consultations are we have to have a quality mindset to them accessibility and affordability in going to be the key. He mentioned this collaborate. Mr. Khurana mentioned healthcare at the same time. is where the role of technology and that we need to take our local business Dr Jitender Sharma, MD, AMTZ innovation comes into play and helps from US$ 2 billion to US$ 20 billion spoke about the biggest challenges the patients to empower themselves while also increasing imports from in India with regards to the medical with self-care management. US$ 7 billion to US$ 30 billion looking device industry which includes Mr. Ganesh Sabat, CEO, at the local demand. skilled manpower which is now Sahajanand Medical Technologies Mr. Khurana further mentioned been managed through HR & skill Pvt. Ltd. mentioned that Industry that we have quality of doctors and development. Second, is the lack has wholeheartedly accepted talent for innovation where all needs of infrastructure to support the Atmanirbhar Bharat and slowly we to merge properly to make India a hub manufacturing sector for which India are developing our own strengths and and attractive destination. We need to needs to replicate the medical device congratulated Hon’ble Prime Minister get technology transfer and be open park (AMTZ) model at more places. for launching the National Digital / flexible and within the next 10 years Third, are the supply chain issues of Health Mission linking every citizen India can become US$ 100 billion in critical components of the medical digitally via a Health ID which will have medical device sector by adopting devices as the majority of the same disease demographic profiling of each different approaches. are imported and not made in India. citizen. This has potential for unlocking Dr Sharma mentioned that there Dr Ashok Seth, Chairman, Fortis India’s IT enabled Healthcare system are only 9 countries in the world that Escort Hospitals apprised about and getting private sector initiatives have Bio Medical Skill Council approved the Prime Minister’s vision by involved. by the Ministry and India is one of implementing the great initiatives like Mr. Sabat emphasized that today them. Dr Sharma also mentioned that Ayushman Bharat and Aatma Nirbhar the need is to support the domestic the matter is with advance authority Bharat. Dr Seth mentioned the need manufacturers and expanding the for setting up the National Institute of to focus on the entire pipeline of the ecosystem within the country. It Bio Medical Education and Research process starting from innovation, is critical to build large markets if like NIPER. clinical research, production and not India has to be the new Pharma and Mr. Vivek Seigell, Principal Director, only manufacturing. Dr Seth explained medical device capital of the world. PHDCCI delivered the vote- of- thanks that the government expenditure on The ‘Vocal for Local’ push for domestic to the guests. innovation is a little less than 1% of manufacturers is truly a unique

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that complete transparency and confidentiality of the patient are main Technical Session on Future important parameters in the clinical trials. Of Global Clinical Trials - CRO Dr Manish Rajak, CEO, Innvocept Global Solutions shared a presentation Perspective about the current change in the world of Clinical Trials. Dr Rajak said the clinical trials industry continues to HD Chamber organized a be conducted by CROs and it is the face various challenges like Increase in technical session on ‘Future responsibility of MSMEs to support Complexity, Rising costs and Pressing Pof Global Clinical Trials – CRO academia for developing human greater pricing. He also shared some Perspective’ on the fourth day of the resource fit to their application. critical challenges faced by the CROs International (3D Virtual) Health & Dr Vijai Kumar, President & Chief in getting the sponsor companies for Wellness Expo & Conferences-2020 on Medical Officer, Excel Life Sciences the trials. He said organizations should August 24, 2020. shared a brief presentation about come forward and explore Artificial While chairing the session, clinical evaluation of drugs and how Intelligence (AI), machine learning Prof. Kiran Kalia, Director, NIPER- these help clinicians in clinical practice. (ML) and other advanced technology Ahmedabad mentioned that the Dr Kumar also shared key Indian for creating a better impact on the biggest challenge in conducting metrics about the percentage of trials. He said there’s a need for the trials is the time frame and the global disease burden and global trials Pharmaceuticals Industry to develop limitations. Prof. Kalia emphasized in India. He also mentioned about the a better relationship with the Health that the new technology regarding latest trends in drug development on Care Industry. trials is to be accepted by the regulatory Oncology- Biologicals, Regenerative Dr Sornaraja Thasma, Director – authorities and transparency needs to and NCEs. He said only 1.4% of global Business & Quality Assurance, ProRelix be created. She further mentioned clinical trials are done in India in spite Research thanked PHD Chamber for that the industry and government of 17% global population and 26% of providing a platform to discuss the need to have transparency to gain the global disease burden. Dr Kumar also futuristic advancements in clinical patient’s trust and awareness needs talked about the role of digitization trials and clinical research through to be created through all channels in Research and Development and the digital 3D platform. He mentioned and platforms. She also suggested maintaining health record of the that the Pharma and Bio-Tech short-term training programmes to patients. Dr Vijay also mentioned companies are consistently evolving

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new clinical studies, technologies and these issues, which can cater to the clinical auditing & financial planning advancements in care and treatments needs of the patients and the industry. play a key role in clinical trials. have augmented the efficiency and Dr Thasma said this session purely The session concluded with a at the same time, the complexity of focuses on the global health and clinical vote- of- thanks by Mr. Vivek Seigell, clinical trials has increased, with tests trials around the world. Bioethics, Principal Director, PHD Chamber. being carried out in a highly structured regulations, patient recruitment, The session was moderated by Dr and closely coordinated manner. It is site selection, real-world data, data Ravi Rathod, Deputy Secretary, PHD high time that we look into innovative integration & strategy, outsourcing, Chamber. strategies, new technologies, effective vendor management, quality in Trial and quality collaborations to address Conduct, risk-based monitoring and

Technical Session On Brainstorming The Strategies For Positioning India As A Hub For API- Aatma Nirbhar Bharat

HD Chamber organized the world’s third largest by volume 57% of APIs to the prequalified list of a technical session on and thirteen largest in terms of value. the WHO. However, over the past two P‘Brainstorming the Strategies The industry generates over USD 11 decades, India’s reliance has grown for Positioning India as a Hub for API- billion of trade surplus every year for imports of low-cost intermediates Aatma Nirbhar Bharat’ on the final day and is amongst the top five sectors and APIs. India imported around Rs. of the International (3D Virtual) Health contributing to the reduction of 249 billion worth of bulk drugs in FY19 & Wellness Expo & Conferences-2020 India’s trade deficit. as compared to Rs.193 billion in FY18. on August 25, 2020. He mentioned that the backbone Imports from China have been on a Dr Subramanian, Chairman, Health of Indian pharmaceutical industry is steady rise over the years (from 62% in Committee, PHD Chamber welcomed the bulk drugs industry which is ranked FY12 to 68% in FY19) as India imported all the panellists and mentioned that the third largest in the world, and the Rs. 169 billion worth of intermediates the Indian pharmaceutical industry is country contributes approximately and APIs from China. High import

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dependency on a single nation is of reduced to almost 3-4 days. He further the factory and start producing. He concern to all stakeholders, including said that we have granted more suggested that the time calculation the Government for – health security, than 200 import and manufacturing should be done starting from the day industry in terms of - raw material licenses for invitro diagnostic in this the production begins. shortage, price hike, and lower Covid situation. He further stated Mr. Mahesh Doshi, National margins and the end consumers that this mechanism will definitely President, IDMA suggested that if regarding - drug shortage and spurious be institutionalized what we are the Government of India is striving drugs. following during the Covid times. to enhance the domestic capacity of While moderating the session, Mr. Mr. Sudarshan Jain, Secretary production of APIs quickly, then the B. R. Sikri, Chairman, ABS Mercantile General, IPA mentioned API policy requirement of minimum investment congratulated Government of India as the landmark policy to make India should be flexible and the already for the PLI Scheme on API and stated a global hub for API. Talking about existing brownfield manufacturers that we need analytical analysis of this the India vision 2030 report, Mr. Jain with ideal capacity should be Aatma Nirbhar Scheme. Mr. Sikri said said that India can move from USD 41 welcomed and encouraged to fully that the Pharma Industry has created billion to USD 120 billion by 2030 with utilize their capacities. He stated that more than 2.7 million job and we are not only the goal of Make in India but the Indian API industry is very much a leader in vaccine manufacturing and with the goal of ‘Make for World’ and capable as far as the Global market is the first country to eradicate polio; also move our Foreign exchange from concerned. He added that the Indian our motive should be to strengthen USD 14 billion to USD 40 billion. API industry will need a clear roadmap our position in the global market. Mr. Jain said that China has gained with a defined action plan, set In response to the issues asked by tremendous importance now with priorities and milestones along with Mr. Sikri, Dr Eswara Reddy, Joint Drug more than 70% share in API which a favourable environment to grow, Controller, CDSCO gave a point wise has been only possible with their sustain and achieve the desirable goal clarification, where he mentioned Government support. Mr. Jain further of self-sufficiency. The Government, that India should be the Hub for API mentioned that out of 53 molecules, Industry and Academia need to and the schemes are to boost the 23 are made in India and 12 molecules collaborate with a common vision of indigenous manufacturing of API. He have less than 60% production in India reviving this industry. further mentioned that India is heavily though we have the capacity and while Mr. Srinivas Lanka, Advisor, dependent on other countries for API for 27 molecules we have a reliability Pharmaexcil thanked the Government / KSM and until and unless we have on single source. of India for launching a very the complete eco-system, we cannot Mr. Jain also mentioned that transparent scheme for the Industry. become a leader. economy of strategic scale is very Mr. Lanka said there’s a need for a Dr Eswara Reddy, Joint Drug important and we need to talk, create National R&D mission for small scale Controller, CDSCO gave a brief on two and act very quickly. He further Industry. He said clusters are required promotional schemes. First to develop mentioned about the environmental and Government of India should 3 Bulk drug Parks, where total Rs clearances support from the consider for at-least 6 API Parks for 3000 cr investments will be made by Government and to have the same more opportunities as there’s a lot Government of India and second is the enthusiasm with the Environmental of demand in the future and this will Promotion Linked Incentive scheme Ministry also to support the industry. also give opportunities to other states for the bulk drug where around Rs Mr. Jain also mentioned to have as well. There a need for Industry 7160cr has been sanctioned, which bilateral trade with different countries and academia to collaborate to measures the total investment of Rs. and to encourage foreign partners to work together for the growth of the 10,000 crores. invest in India to make India an API Industry. Regarding protection from hub with a global trade alliance. Mr. Anil Khaitan, Former President, Government, Dr Reddy mentioned Mr. V V Krishna Reddy, National PHD Chamber delivered a formal vote- that Department of Pharmaceuticals President, BDMA thanked the of- thanks and said that we need initiated steps to increase the customs Government of India for having BDMA to call API as Accelerated Project duty to some identified molecules and as a part of the Production linked Implementation and requested the the Government will take necessary incentive scheme. He appreciated that Government to Consider the Pharma action to protect the industry. it is a well balanced scheme in which industry as the IT industry. Regarding specific molecules, Dr the aspect for the Chemical synthesis With the gracious presence of Reddy said that we need to sit with part is good. He mentioned that the the Chairman of the Session, Dr S. the industry and workout the same time frame to forward the application Eswara Reddy and Mr. Anil Khaitan, and need of see all 41 molecules one is 120 days & the government will take Former President, PHD Chamber, by one for any errors. 90 days to give the letter of intent to Health & AYUSH Committee, PHD companies which have been selected. Chamber launched E-Market Place- Mentioning about the CDSCO The scheme is from 2022 onwards, the online Market place for Health & functioning, Dr Reddy appreciated and the letters of intent shall be given AYUSH products and the session was the DCGI for their tremendous work probably in the first quarter of 2021, attended by more than 250 delegates support and said that the Clinical Trial hence the companies will only be through Zoom, You tube and online protocol approval time has now been left with 9 months-1 year to set up exhibition platform.

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Technical sessions were held as below: 1. Ayurveda in Pandemic Times & Beyond 2. Enhancing the Export opportunities 3. Significant Role of Homoeopathy during COVID-19 Period 4. Medical Devices Sector: Self Sufficiency (Atma-Nirbhar Bharat) in Medicalechnology T 5. Future of Global Clinical Trials – CRO perspective 6. Brainstorming the strategies for positioning India as a HUB for API- ATMA NIRBHAR BHARAT

Participation of 47 exhibitors of the healthcare sector:

Industry Exhibitors Complimentary Stall were given to the Media Partners & 1. Agilent Technologies Association Partners: 2. NIPER Ahmedabad 1. Indian Pharmaceutical Association (Delhi State Branch) 3. Multani Pharmaceuticals 2. Federation of Pharma Entrepreneurs (FOPE) 4. Pro-Relix Research 3. NATHEALTH 5. Innvocept Global Solution Pvt. Ltd 4. Medgate Today 6. Dr. Sabharwal’s Wound Care 7. Yester Pharmaceuticals 5. Drug Today 8. Ayush Herbs Pvt. Ltd. 6. Crystal Hues 9. Surya Herbal 7. Health Mantra 10. Vaidyaratnam Oushadhshala 8. APAC 11. Swati Spentose Pvt. Ltd. 9. Pharmatutor 12. Mark Maker Pharma Engineering 10. Medical Dialogues 13. Reena Steriliz Pvt. Ltd. 14. Techno Packs 11. Packaging Industry Association of India (PIAI) 15. Sunrise Naturopathy & Health Resorts Pvt. Ltd. 12. Yoga and Naturopathy Doctors Association (YNDA) 16. Medox Life Care Pvt. Ltd. 13. Andhra Pradesh MedTech Zone 17. Pulmocare Medical Systems Pvt. Ltd. 14. Indian Naturopathy and Yoga Graduates’ Medical 18. Recombigen Laboratories Pvt. Ltd. Association (INYGMA) 19. Janyu Technologies Pvt. Ltd. 15. Community for Ayurvedic Research & Education (CARE) 20. Kasliwal Brothers 21. Mint Life Science Pvt. Ltd. 16. The Vizagapatam Chamber of Commerce & Industry 22. Wipro Consumer Care & Lighting 17. PAADAV 23. Pentagon Tapes 18. Medx Africa 24. Healthy Inc. 19. AIPIA 25. Swisspack Pvt ltd 26. Accupressure health care systems pvt ltd 27. Hi- cura pvt ltd 28. Everyday Herbal Beauty care products pvt ltd

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Exhibition: Entrance Lobby Area

Visitor Communication Tools Stall Desings

Stall Desings

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Interactive Session with Secretary, Ministry of Petroleum and Natural Gas

he Managing Committee Mr. Kapoor expressed his gratitude Deliberating about the Gas Sector, members of PHD Chamber for the opportunity to interact with he mentioned that India is only interacted with Mr. Tarun the members. He stated that recently T meeting 6.3% of energy needs via gas Kapoor, Secretary, Ministry of the Ministry has conducted a survey resources and aim is to increase to 15%. Petroleum and Natural Gas on August which has helped them to understand He further informed that a national 19, 2020. that India has energy reserves in the gas pipeline is being established country and stands a great chance to Dr D K Aggarwal introduced Mr. while simultaneously doing city gas make this sector localized in a big way. Tarun Kapoor, a 1987 batch, IAS distribution, giving industries access He mentioned that imports need to Officer of Himachal cadre. Prior to to gas via these pipelines. The Ministry reduce by 10%. his present assignment, Mr. Kapoor is also working on multi-modal was serving as Vice Chairman at Delhi Mr. Kapoor highlighted that connectivity where all the industrial Development Authority. Mr. Kapoor India has opportunities for big and areas have been mapped and various has 33 years of experience including small companies who can work in other facilities are being coordinated as Joint Secretary, Ministry of New tandem towards making India self- so that these gas pipelines can reach & Renewable Energy; Managing reliant and the Government will these areas as well. He also stated Director of Power Transmission Corp start registering small companies that another area of investment will Ltd; Director of Energy Department; for bidding and hand-hold them to be bio-fuels comprising of bio-gas, Joint Secretary. Power Department; create some domestic companies in ethanol, and bio-diesel and to attain Chairman, State Electricity Board, this sector. He asserted that India is a the Hon’ble PM’s vision of building a DC Shimla; DC-Land Revenue big destination for refineries and the self-reliant India. Management & District Administrator; current capacity is enough to meet Mr. Kapoor also answered Director, Panchayati Raj Department; the domestic demands for petrol and the queries of members of MCM. Special Secretary, Youth Affairs and diesel, but there is a need for making Mr. Sanjay Aggarwal, Senior Vice Sports; DC Chamba and Additional petrochemicals and raw materials President, PHDCCI delivered the vote- Chief Secretary to HP Government to localized for which private sector of- thanks to him. name a few. participation is necessary.

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Webinar On Paradigm Shift In Business Sustainability Strategies To Meet The Challenges In The Post COVID-19

he Environment Committee contribution to the environment and collaboration. of PHD Chamber organized a society. He further emphasized that He further said that the pandemic Twebinar on “Paradigm Shift in there is a change in business models has disrupted businesses severely Business Sustainability - Strategies and technology is a driving factor and has exposed the fault lines in to Meet the Challenges in the Post for running the business and it’s the traditional way of businesses COVID-19 scenario” with Dr Sujit time to change the business models and that this crisis is indeed an Kumar Bajpayee, Joint Secretary, which look at the environment and opportunity to re-plan development Ministry of Environment, Forest and contribute to Self-Reliant India. with the environment protection and Climate Change on August 26, 2020. Dr J P Gupta, Chairman, sustainability at its core. The objective of the webinar was to Environment Committee, PHDCCI Dr Bajpayee underlined that impart knowledge on sustainability of deliberated that environment is a the key to long term business businesses while maintaining harmony key driving factor for running the sustainability is the need to take care with the environment and strategies industries with consideration towards of our workers, employees, nature for the Indian businesses to meet the the environment for sustainability and and environment. He urged PHDCCI challenges with a goal to move ahead growth. to submit representations to the in a positive trajectory post Covid-19. Dr Sujit Kumar Bajpayee, in his government for implementation Dr D K Aggarwal, President, address talked about the importance of sustainable policies which will PHDCCI in his address highlighted that of sustainability of businesses while help achieve long term sustainable the silver lining of the present COVID protecting the environment. For business Pan-India. pandemic is that there has been an sustainable business, one must define Mr. Saurabh Sanyal, Secretary- improvement in the quality of air and the corporate purpose, articulate General, PHDCCI delivered a formal water and we could see the goodness value for all stakeholders and accept vote- of- thanks and assured that of nature due to the lockdown and that profit is the consequence of such PHD Chamber will stand in full that nature had taken its course of value creation. He further said that we solidarity with the government and stabilizing things. need to define concrete sustainability environment to grow an eco-friendly Talking about business goals by answering questions like self-reliant country. sustainability, he mentioned in the company’s growth, new trends, today’s times, it’s driven towards the empower stakeholders and establish

PHD Chamber Bulletin | September - November 2020 53 CAW

Debtors And Industry Protection Through Insurance - Need Of MSME Sector

he BFSI Committee of PHD they have worked so hard to build. documentation; accountability of Chamber organized the webinar Naturally, with the stakes being so claim management and others. He Ton ‘Debtor and Industry high, insurance is a prudent way to also talked about the trade credit Protection through Insurance Need of limit liabilities in the event of damage insurance for MSMEs, its benefits, and MSME Sector’ on August 27, 2020. to assets, property and business. For its working mechanism. Mr. Anand Sherkhane, Additional MSMEs, it could be the key to survival. Mr. Animesh Sinha, Managing Development Commissioner, Ministry Mr. V. Rajaraman, EVP, Head of Partner, Animesh Sinha & Partners of MSMEs was the keynote speaker Institutional Business, IFFCO TOKIO gave a legal perspective about the at the webinar. He mentioned that General Insurance Co. Ltd. mentioned details /procedure of companies going there is a need to think for affordable that credit insurance plays a vital role in in for Insolvency and bankruptcy credit insurance for which insurance bad debts. He opined that MSMEs are proceedings or liquidation. MSMEs regulatory bodies are making the most affected during COVID-19. He are facing lot of issues like recovery of guidelines to cater to the needs of stated that in trade credit insurance, money, it is important that there must the MSME sector. He discussed about they do not cover asset of the MSMEs, be some push for separate category various initiatives undertaken by the however, the delinquency and short for MSMEs as creditors. Insurance Government for Atma Nirbhar Bharat term receivables get covered under plays a vital and a stronger role in including subordinated debt and Fund MSMEs. The risks involve loss of uplifting the industry. MSMEs should of Fund (FoF) scheme. He stated outstanding debts, bad payment not rely on banks only but should also that the Government has worked on practices and high cost of labour. He adopt a macroeconomic review and clearing delayed payments that has talked about the corporate strategy understand the policies. given some ignition to the reviving which should primarily be to start Mr. H.P. Kumar, Head MSME MSME sector. exports, enter new markets and desire Centre, PHD Chamber deliberated Mr. Rishabh Jain, Manager SIDBI to delegate credit management to about the need for insurance on deputation to Credit Monitoring concentrate on core business activity. cover for the MSME sector. He Cell, Investment Promotion, and Mr. S. K. Sethi, Founder & CEO, recommended that the Government Finance Division, the Office of Insurance Foundation of India, in should introduce special schemes for Development Commissioner, Ministry his presentation talked about the giving insurance and there is a need of MSME, discussed about the need risks faced by MSMEs in India, the to focus on educating and informing for awareness about Insurance to the controllable and non-controllable risks MSMEs about the benefits of having MSMEs that helps in mitigating any involved and cited relevant examples. insurance. risks in the future. Mr. Shailesh Kumar, Co-founder Mr. Vinod Jain, Chairman, BFSI Mr. Pradeep Multani, Vice and Insurance Expert, Insurance Committee, PHD Chamber, while President, PHD Chamber in his address Samadhan, in his presentation moderating the session gave an mentioned that the risk is inherent discussed about the challenges faced overview of the importance of in everyone’s lives, but MSMEs are by MSMEs in the insurance sector that MSMEs and insurance sector for especially vulnerable to risks that includes asset valuation and insurance; the development of the country threaten the dream venture that lack of experience in specialized claim and mentioned that they need to

54 PHD Chamber Bulletin | September - November 2020 CAW be provided with customized and delivered a formal vote-of-thanks IFFCO Tokio General Insurance Co. affordable policies in the banking and to all the delegates and assured Ltd; Insurance Foundation of India; insurance sector. that PHD Chamber will stand in full RIA Insurance Brokers Pvt Ltd. and Mr. Ram Kumar Co-chairman, cooperation with MSMEs and will take Insurance Samadhan. Banking, Financial Services & up their issues and recommendations. Insurance Committee, PHD Chamber The webinar was supported by

Webinar On Housing For All 2022

he Housing and Urban demand and supply side factors He called for the need to streamline Development Committee of caused by the pandemic wave that the allotment process of the houses TPHD Chamber organized an has struck all sectors of the economy under ‘Pradhan Mantri Awas Yojana’ interactive webinar on ‘Housing for All significantly. and the need for finances in land and 2022’ on August 28, 2020. Mr. Manish Agarwal, Chairman, infrastructure. Mr. Durga Shankar Mishra, Housing & Urban Development Mr. V R Sharma, Managing Director, Secretary, Ministry of Housing and Committee, while presenting his Jindal Steel, and Power Ltd deliberated Urban Affairs graced the occasion as theme address highlighted the on the emerging technologies under the chief guest. need to increase demand for the affordable Housing Segment. Dr D K Aggarwal, President, PHD developers by taking initiatives like CA Himanshu Goyal, Managing Chamber while welcoming the august reducing stamp duty and others that Partner, Ramanand Goyal & Co gathering deliberated on our Hon’ble will help industry to increase the cash delivered a formal vote-of- thanks to Prime Minister, Mr. Narendra Modi’s flow for the developers which will in the chief guest and other delegates. vision of ‘Housing for All by 2022’ and turn supplement the other associated He insisted that industry bodies like assured that with the proactive steps industries. PHD Chamber should take initiatives undertaken, the government is in the Mr. Manish Gaur, Managing and submit white papers to the right direction and will go a long way Director, Gaur Group in his special government from time-to-time. to fulfill the dream of each citizen to address talked about the proactive The session was attended by Mr. own a house in the near future. initiatives undertaken by the Ministry Saurabh Sanyal, Secretary General Dr Aggarwal lauded the various of Housing and Urban Affairs in and further moderated by Dr Yogesh initiatives undertaken by the achieving the mission of Housing for Srivastav, Principal Director, PHD government in the housing sector All. He opined that rental housing Chamber. The session was supported that has increased the demand and will be the next game-changer in by Jindal Steel and Power Ltd and Gaur reduced the buying cost for the this sector that will also lead to the Group. masses. He discussed the slowdown development of the economy and in the housing sector due to reduced a step towards Self-Reliant India.

PHD Chamber Bulletin | September - November 2020 55 CAW

Animal Husbandry Infrastructure Development Fund (AHIDF): Empowering Farmers, FPOS & Private Dairies For Improving Productivity & Processing

he Agri-Business and Food discussed the salient features of the help to bring in price realization and Processing Committee, PHDCCI Animal Husbandry Infrastructure boosting farmers’ income that will Torganized a webinar on Development Fund and deliberated lead to productivity enhancement. He “Animal Husbandry Infrastructure that the need of the hour is to promote also highlighted that dairy is one of Development Fund: Empowering and incentivize the MSMEs, Private the primary sector on rise and also an Farmers, FPOS & Private Dairies for companies and the FPOs involved in Atmanirbhar sector which is growing Improving Productivity & Processing” processing, distribution and value optimistically with the engagement on August 28, 2020. addition. of 7 crore households contributed by Dr D K Aggarwal, President, PHD Mr. Atul Chaturvedi, IAS the small farmers. Going ahead, he Chamber in his presidential address Secretary (Department of Animal predicted that Dairy Sector has the lauded the initiatives undertaken by Husbandry and Dairying,), said that potential to provide 12 million jobs in the government to provide significant the Animal Husbandry Infrastructure the coming years with India having the cushion to the dairy sector in these Development Fund, worth Rs potential to be the world’s largest milk tough times of the pandemic. He 15,000 crores, has been set up & dairy supplier to achieve the target reiterated that the Animal Husbandry with the objective of providing of USD 5 trillion economy. Infrastructure Development Fund was funds to FPOS, MSMEs Section 8 Mr. R S Dixit, Chairman, Ananda a much needed and welcome step Companies and private dairy units Dairy in his presentation highlighted towards incentivizing private players to develop infrastructure and bring about the challenges faced by the to directly create an impact on the about substantial improvements in Dairy sector in India which will now vision of doubling farmers’ income in processing and value addition to dairy be addressed by allotted AHIDF. the near future. and the meat sector. He added that the It comprises of shortages of feed/ Mr. N K Aggarwal, Chairman, vision of the fund is to primarily focus fodder; breeding system; education Agriculture & Food Processing on shifting gears from management & training; health; hygiene conditions; Committee, PHD Chamber shared of shortages to handling surplus in marketing and pricing among his views on the developments of the Dairy sector. He also stated that others. He also mentioned about the the Animal Husbandry sector and the fund will help in linking farmers challenges faced by the private dairies with private organizations that will which include lack of cold chain in rural

56 PHD Chamber Bulletin | September - November 2020 CAW areas; dairy expansion; processing value is retained. While deliberating Dr Harsev Singh, CEDSI in his infrastructure; marketing and pricing about the importance of organized presentation on Centre of Excellence among others with a vision to fulfill sector in increasing farmer’s income, for Dairy Skills in India talked about the challenges by 2025. he stated that farmer’s income can be the Indian Dairy landscape, emerging Prof (Dr) A. K. Srivastava, Member, doubled by incentivizing of exports, trends that include Augmented Milk Agriculture Scientist Recruitment accompanied with an increased Processing; value addition to milk; Board (ASRB) while moderating the efficient production of stock by the quality improvement and integrated discussion, mentioned that despite farmers. dairy farms. He also discussed the limited investment, there has been Dr R S Khanna, Chairman, Kwality skill requirements in the dairy at farm continuous growth. He discussed Dairy India Ltd. shared his views on level; supply chain management; at the challenges faced by the dairy private dairy processing perspective the collection center and processing sector and also gave suggestions for wherein he mentioned the need plant. He stated that current skill sets further development in the Animal to have an organization to help are becoming obsolete, and there Husbandry Sector. He also mentioned the private sector work with the is a need for learning new skills and that training and technology acquire new competencies advancement are the key to remain relevant and pathways in achieving efficient employable. production and growth of the Dr Ranjeet Mehta, sector. Further, he urged the Principal Director, PHD government to ensure that the Chamber while moderating gene bank of indigenous cattle the webinar stated that and buffalo breeds need to be it is now imperative for preserved and cross breeding our country to focus on should be done with caution. enhancing indigenous Mr. R S Sodhi, Managing production and domestic Director of Gujarat Cooperative capacity building through Milk Marketing Federation, the initiatives taken by the Ltd., (AMUL), shared his Government in order to be cooperative perspective on the self-reliant and going LOCAL Milk and Dairy Sector. He highlighted government. He also suggested that TO GLOBAL. that the farmer needs to provide a self-sufficient model should be Ms. Mallika Verma, Director- Agri- a stable price so that demand can developed for efficient procurement, Buisness, PHD Chamber delivered increase and reduce the fluctuation processing and uniform production of a formal vote-of-thanks to the of prices in most times of the year. He milk among the districts. panellists and the delegates. The also discussed the various optimistic Mr. Ritwik Bahuguna, Partner webinar concluded with an extensive steps taken by the government (Agribusiness) Wazir Advisors discussion and Q & A Session with to stabilize farmers’ income and gave an overview on benefits of an overwhelming response from the ensure the quality of products being Animal Husbandry Infrastructure participants. More than 150 delegates produced and creation of awareness Development Fund and how it fits participated in the webinar and was to minimize fake products and into the policy framework of India and supported by Gopaljee Dairy Foods adulteration, so that the nutrition relevance it has for dairy sector. Pvt. Ltd. and Wazir Advisors.

PHD Chamber Bulletin | September - November 2020 57 CAW

Outsourcing Laws and Contract Labour (Regulation And Abolition) Act, 1970

he HR & Industrial Relations of workers employed through extend to Rs. 1,000- or with both. In Committee, PHD Chamber contractors and who have no direct case of continuing contravention, the Torganized e-Workshop on link with the industry for which the punishment shall be extendable up Outsourcing Laws and Contract work is done. The purpose of the Act is to Rs. 100- for every day during such Labour (Regulation and Abolition) regulation of employment of contract contravention. Act, 1970 on August 26, 2020. The labour in certain circumstances and Mr. Michael Dias, Managing Contract Labour (Regulation And prohibition of the same in certain Partner, Michael Dias & Associates Abolition) Act, 1970 is an Act to circumstances. It is obligatory threw light on various dimensions regulate the employment of contract on part of every employer of an of contractual agencies. It can be labour in certain establishments and establishment to make an application differentiated as vender agencies, to provide for its abolition in certain in prescribed form for registration of fabrication agencies, depending circumstances and for matters the establishment under the Act. The upon the nature of the activities. connected therewith. effect of non registration is that the Now in COVID era, Alternate Dispute Welcoming the expert speakers employer cannot employ contract Resolutions (ADR) mechanism is very and participants, Mr. Ravi Wig, Mentor, labour. The Act revolves around prompt as the number of disputes are HR & Industrial Relations Committee, tripartite relationship among Principal rising. Mediation, conciliation is very PHDCCI said that employer and labour Employer, contractor and labour. The much cost effective for the parties in are complementary of each other. A Principal Employer has the liability to resolving the disputes. Arbitration can right policy and leadership is required cross check the provisions of safety. also be considered for the same. Proper working conditions, availability to take the industry and wellbeing This was followed by a Q&A of drinking water, toilets, canteen, of labours to new heights and social session. Dr Jatinder Singh, Director, crèche facility, etc. and also ensure the responsibility should be in inheritance. PHDCCI moderated the session and timely payment of wages, PF and ESI Ms. Raavi Birbal, Advocate, presented the vote-of-thanks to the contribution. Whoever contravenes Supreme Court of India discussed in guests. The workshop was attended provisions of this Act or of the rules details all the nuisances of Contract by HR and IR professionals across made there- under shall be punishable Labour (Regulation and Abolition) Act, various industry verticals. for a term which may extend to 1970. The Act regulates employment three months or with fine which may

58 PHD Chamber Bulletin | September - November 2020 CAW

Interactive Session with Secretary, Ministry of Micro, Small and Medium Enterprises

he Managing Committee mechanism by SIDBI. He members of PHD appreciated the integrated TChamber interacted with registration portal of MSME Mr. Arvind Kumar Sharma, with Income Tax and GST Secretary, Ministry of Micro, Department and requested Small and Medium Enterprises PHD Chamber to sensitize on August 19, 2020. people for registration. Dr Aggarwal introduced While concluding, Mr. A. K. Sharma a 1988 he mentioned that new batch IAS officer of Gujarat schemes are being designed cadre. Prior to his present with more focus on assignment, he was serving modernization, privatization as Additional Secretary in the & cost effectiveness and Prime Minister’s Office. He has requested PHD Chamber also worked in the Government to continue to provide will boost the MSME sector and lead of Gujarat at various positions proactive suggestions to the MSME to growth of the Indian economy. including field and policy level and Ministry. He also requested PHDCCI He talked about the credit financing as Secretary to the Chief Minister of to ensure that more MSMEs join the scheme which is benefitting the MSME Gujarat. He was recognized as the board via Udhyam platform. sector and mentioned that there Best District Development Officer in is lot of demand for expanding the Mr. Sanjay Aggarwal, Senior Vice Vadodara District and was known for scope of scheme. He further apprised President, PHDCCI delivered the his contribution in industrialization that the Ministry has also created an vote- of- thanks to him. The session of Gujarat as Managing Director of online format for reporting and asked was also attended by Mr. Devendra Industrial Extension Bureau. CPSUs about data of pending bills and Kumar Singh, Additional Secretary & Mr. Sharma expressed his gratitude payments made on a daily basis. Development Commissioner, MSME for the opportunity to interact with and Ms. Alka Nangia Arora, JS- SME, Mr. Sharma highlighted about the the members. He mentioned that MSME. Sub debt scheme for stressed MSMEs the initiative of Atmanirbhar Bharat which is now ready with portal and

PHD Chamber Bulletin | September - November 2020 59 CAW

of Ayurveda emphasized about maintaining a balanced lifestyle during the Covid period and talked about the combinations & formulations of herbal drugs which are available in the market that can be used to build immunity e.g. Kwath, Shilajeet, etc. He also mentioned that guduchi, Ashwgandh and other herbs have helped in building immunity these days. He also urged the AYUSH Industry to enhance quality standards of products. Dr Raghuram Ayyagari, Chief Medical Officer (Ay) NFSG, Directorate of AYUSH, Govt. of NCT of Delhi gave a presentation wherein he mentioned about how to restore holistic health with the help of these Rasyanas. Dr Raghuram also mentioned the importance of Chyavanprash, Guduchi, Ghee, AYUSH Kadha, etc which could also play an important role in building Ayurveda Rasayana- overall immunity of an individual. Dr Umesh Kumar Sapra, Assistant Immunomodulators in Professor, PG Department of Rog Nidan, Chaudhary Brahm Prakash Ayurved Charak Sansthan shared Restoring Holistic Health a presentation about the various categories of Immunomodulators Series-3 with examples of scientific studies conducted for Ayurvedic Immunomodulator drugs. Dr Sapra he AYUSH Committee of about the importance of Ayurveda also mentioned about therapeutic PHD Chamber organized Rasayana-Immunomodulators and actions of Rasayana Drugs which also Tthe 3rd Series of the the role they play in the long-term have immunity promoting actions. webinar on ‘Ayurveda Rasayana- boosting immunity of the human Dr Namrata Joshi, Associate Immunomodulators in Restoring body. Mr. Multani discussed about Professor, Dept. of Rasa shastra Holistic Health’ on September 1, 2020. the benefits of Brahm Rasayan Faculty of Ayurveda, IMS, BHU, and how it helps physical, mental, Padma Bhushan & Padma Shree Varanasi gave a presentation about and other senses leading to overall Awardee Vd. Devendra Triguna, the role of Rasayana aushadhies in development & improvement of the President of AMAM, All India the management of Post COVID-19 human body. He mentioned that many Ayurvedic Congress and Ayurveda patients. She also highlighted about of the herbs were found to act as Mahasammelan mentioned about the importance of a few Rasayana Immunomodulators as per Ayurveda. the benefits of Immunomodulators Aushadhis mainly Agni Vardhaka, Herbs like giloy, ghanavati, Ayush and said that these Rasayanas should Oja Vardhaka and Bala Vardhaka kwath and chayanprash are playing a be consumed at least for 2-3 years to maintain healthy body and mind major role in immunity building. at a stretch to build a long lasting during current conditions. immunity. He recommended that Mr. Arvind Varchaswi, Chairman, Mr. Saurabh Sanyal, Secretary- AYUSH KWATH KADHA, immunity AYUSH Committee, PHD Chamber General, PHD Chamber delivered a booster should be distributed in all highlighted that Ayurveda can treat formal vote-of-thanks to esteemed the containment zones to help people physical as well as mental health panelists. The session was moderated build their immunity by the State issues. He mentioned that Ayurveda by Mr. Vivek Seigell, Principal Director, Governments. He added that Nature is customized according to one’s body PHD Chamber who requested the has built the human body in a manner and has a long-lasting effect on the industry to come forward and spread that it can have nirogya kaya (healthy body. He added that there is a lot to the message of better health through life without diseases) for 100 years be done for Immunomodulators in AYUSH systems. and Ayurveda can be instrumental for terms of quality of manufacturing and the same. getting the industry to come together The webinar was sponsored by Multani Pharmaceuticals Pvt. Ltd. and Mr. Pradeep Multani, Vice to amplify its practice. was attended by approximately 150 President, PHD Chamber in his Dr P. K. Prajapati, Professor & attendees. Presidential address deliberated HOD, Dept of RSBK, All India Institute

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industry in realizing the dream of skilled India. He also stressed on out-of-the-box ideas on Skilling and sought all possible solutions from the stakeholders. He also mentioned that more than 2 lakh students have already registered for seeking online skill program training since April this year. Mr. Venkatesh Sarvasiddhi, Senior Head-Digital Skills, Industry Partnership & CSR, NSDC shared about the Government’s eSkill India initiative which is working to bring the supply and demand together for the skilled workforce and gives an opportunity to skill seekers to choose an e-learning course. Ms. Joyeeta Das, Lead, Education & Skilling Initiatives, IBM India & South Asia spoke about the economic recovery in India through the skilling route. The value as a skilled worker or a professional is enhanced by how much value he/she creates. We need to leverage the NEP 2020 principles for solid implementation with the ecosystem of the Government, NGO’s, start-ups and academic partners. Ms. Indrani Choudhury, Chief Challenges, Learning Officer, Microsoft India said that skill training in India is also changing and new technologies are Opportunities and the being aligned to bring better results. We need more PPP models along with new technologies to make it Way Forward in Online happen. Today, all the skill schemes are made to reduce skill gaps but one stakeholder cannot take onus as it is Skill Training to be collectively done. Mr. Ketul Acharya, COO, Learnet he Skill & Entrepreneurship Digital Skills, Industry Partnership & Skills Ltd. said that the roadmap for Development Committee of PHD CSR, NSDC; Ms. Joyeeta Das, Lead, integration of online skilling with Chamber organized an industry Education & Skilling Initiatives, T the current Brick & Mortar structure interactive webinar on ‘Challenges, IBM India & South Asia; Ms. Indrani requires ‘phygital’ or ‘blended’ Opportunities and the Way Forward Choudhury, Chief Learning Officer, approach considering the target in Online Skill Training’ along with all Microsoft India and Mr. Ketul Acharya, segment (Learners), amenability of the stakeholders for a discussion on COO, Learnet Skills Ltd. job role for online skilling, creating different aspects of Online Skilling for Mr. Vishal Jindal, Chairman, PHD session plan/e-content, preparing an Atmanirbhar Bharat on September Skill & Entrepreneurship Development trainers on techniques of online 2, 2020. Committee, in his welcome remarks skilling, online assessment framework Mr. Charanjit Singh, Joint suggested recommendations on the & quality & monitoring framework. Secretary (Rural Skills), Ministry of skilling sector to the Joint Secretary. Dr Rubina Mittal, Co-chairperson, Rural Development, Government of Mr. Virendra Sharma, Director PHD Skill & ED Committee delivered India was the Keynote Speaker. Other (Rural Skills), Ministry of Rural the vote-of-thanks to the Panelists key Panelists included Mr. Virendra Development set the tone for the along with the Sponsors namely IBM Sharma, Director (Rural Skills), session on Online Skill Training in and Edunet Foundation for supporting Ministry of Rural Development; Dr R. COVID times and beyond. this webinar. Skill Reporter was the K. Somany, Former President, PHDCCI, Mr. Charanjit Singh shared the Media Partner for the webinar. The Chairman, IPSC and CMD HSIL Limited; details about all the Government Skill webinar was moderated by Mr. Vivek Mr. Shashank Rastogi, Chairman, Schemes particularly about DDUGKY Seigell, Principal Director, PHDCCI. Chhattisgarh Chapter, PHDCCI; Mr. and assured full support to the skilling Venkatesh Sarvasiddhi, Senior Head-

PHD Chamber Bulletin | September - November 2020 61 CAW

Army has requirements from clothing to shoes to war materials and there is a wide range of requirements of Indian Army which is an opportunity for the Industry. Around 80% of the requirements of the Indian Army is indigenised and the remaining 20% needs to be indigenised which will open more opportunities for the Indian Industry. He stated that the Indian Army is very keen to work with the Indian industry for all their requirements and also offered to handhold them especially the MSMEs. He also mentioned that ammunition is a big area where the requirement is huge. We must have private sector suppliers also apart from OFB for ammunition and this will add new bandwidth in procurement. Mr. Sanjay Aggarwal, Senior Vice President, PHD Chamber said that indigenisation is the capability of developing and producing any defence equipment within the country for the dual purpose of achieving self- reliance and reducing the burden of imports. Industry is happy with the announcement that 74 percent FDI will now be allowed in the defence Industry Interactive sector through the automatic route. This will give a big impetus to local manufacturing especially to the large Webinar on Indigenisation number of defence MSMEs. Mr. M K Gupta, Chairman, PHD Requirements of Indian Chamber Defence & HLS Committee remarked that the Government is Army taking an all-round approach towards indigensation right from the raw materials to the finished products. he Defence & HLS Committee Indian Industry. Maj Gen S Pavamani, In reference to this fact, he said that of PHD Chamber organized an SM, ADG EM, Indian Army chaired the some of the critical and strategic Tindustry interactive webinar on Q & A and also gave the concluding raw materials are imported in large the Indigenisation Requirements of remarks for the Webinar. quantities annually for the various Indian Army on September 3, 2020 Other key panellists included Mr. defence requirements. The Chairman to discuss the current and future Vikram Sahgal, Co-chairman, PHD requested that these critical and indigenisation requirements of Indian Chamber Defence & HLS Committee; strategic raw materials should be Army. Col. Ramit Arora, Senior GM (Defence brought under the import embargo Lt Gen S K Upadhya, PVSM, AVSM, Business & Exports), Solar Industries list under the indigenisation plan, if SM, VSM, Master General of Ordnance, India Ltd and Col. KV Kuber, Director, capability exists within the Indian Indian Army was the Keynote Speaker Aerospace and Defence, Ernst and industry. at the webinar. Mr. Sanjay Aggarwal, Young. The vote-of -thanks was Brig. Chander Sheikhar, Brigadier Senior Vice President, PHD Chamber delivered by Mr. Saurabh Sanyal, Indigenisation, Indian Army gave delivered the welcome address Secretary General, PHD Chamber. a detailed presentation on the while Mr. M K Gupta, Chairman, PHD The webinar was moderated by Mr. Indigenisation Plan of the Indian Chamber Defence & HLS Committee Vivek Seigell, Principal Director, PHD Army under the Directorate of gave the introductory remarks and Chamber. Indigenisation. He shared that the set the tone for discussion at the Lt Gen S K Upadhya, PVSM, Indian Army is following a well laid Webinar. Brig. Chander Sheikhar, AVSM, SM, VSM, Master General of plan for covering all the components, Brigadier Indigenisation, Indian Army Ordnance, Indian Army mentioned spare parts, assemblies, sub- gave a detailed presentation on the the fact that Indian Army and Indian assemblies, platforms and also for up- Indigenisation Requirements of Indian Defence Industry are two ends of the gradation. He stated that the process Army and the Opportunity for the same coin. He said that the Indian of registration of the industry with the

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Indian Army is quite simple and vendor us to give you a holistic solution. We of indigenisation and the ambitious friendly. He explained that there are can even re-create an alternative target of US$ 5 trillion economy. He three different routes for industry to system to an imported one. Wherever said that up-gradation of the existing enter in the procurement plan of the possible, the development of products, components and systems Indian Army, the RFP route, Industry complete equipments should be can open big opportunities for the funded route and the Suo-moto route. preferred over just some spares for Indian industry under indigenisation. Mr. Vikram Sahgal, Co-chairman, imported weapon systems.” He reiterated the fact that there PHD Chamber Defence & HLS Col. KV Kuber, Director, Aerospace should be long-term Business Orders Committee hailed the Indian Army and Defence, Ernst and Young touched for making investment by the industry ‘s indigenisation action plan where upon some important facts such as commercially viable. 80% has already been indigenised the fact that India is a big exporter of Maj Gen S Pavamani, SM, ADG EM, and expects the remaining 20% to textiles with huge industrial corridors Indian Army assured that the Indian open more doors for the Indian for textiles, so we should not import defence budget has enough for the industry, especially the defence and any of our clothing requirements of Industry under indigenisation. The other MSMEs. He said that Indian Indian Army. Even there are number Indian Army is working on the Long- industry expects some more support of manufacturers of technical Term Sustenance Agreement plan in processes of procurement and the textiles which can supply for all our which will offer the much required assurance of long-term orders for the requirements. He said that if there is commercial viability for the Indian industry. This will make investment a good performance of the company, industry. He mentioned that the in defence production commercially then what is the need of bank Indian Army is committed to giving viable for them. He suggested focus guarantees as it blocks a considerable opportunities to the Indian MSMEs. on exports which is a huge opportunity resource of the manufacturers’ He assured all possible support to the for the Indian Industry. working capital, so there should not industry for a win-win situation under Col. Ramit Arora said that the army be any Performance Bank Guarantee. the indigenisation plan. and the industry need to understand Cmde. (Retd.) Mukesh Bhargava, The webinar was attended by each other to work together for Board Member and Vice President, around 150 Indian defence industry better indigenisation. He opined that L&T Defence shared that unless and leaders and especially the MSMEs. incremental indigenization should until we have Rs. 3 lakh crore defence be avoided. “Indian Industry can do budget and a CAGR of 15%, we would wonders – give us a problem, allow not be able to meet the desired level

PHD Chamber Bulletin | September - November 2020 63 CAW

OTT Platform The New Normal for Indian Media and Entertainment Industry

he Media Department & Mr. Mukesh Gupta, Chairman, Mr. Zubin Dubash, COO - Digital, Entertainment & Media Entertainment & Media Committee, Shemaroo Entertainment Limited TCommittee of PHD Chamber PHDCCI mentioned that OTT mentioned that OTT platforms have organized an interactive webinar on platforms have given an opportunity provided in viewing and absorbing the OTT Platform-The New Normal to youth and producers to showcase content with its reasonable packs for Indian Media and Entertainment their talents. He mentioned the and a wide variety of content. He Industry on September 4, 2020. need for the intervention of the suggested the need for self-regulation Mr. Vikram Sahay, Joint Secretary censorship board by the government and and also cited the example of (P&A), Ministry of Information & to minimize inappropriate content on parenting control available on many Broadcasting, Government of India these platforms. He said that an OTT OTT platforms. was the Guest of Honour at the platform needs to be a mix of ethnicity, Ms. Ashi Dua, Founder, Flying webinar. spirituality and entertainment and at Unicorn Entertainment while the same time ensuring the well being Dr D K Aggarwal, President, discussing her journey from film to OTT of society. He suggested that the PHDCCI in his presidential address movies mentioned that OTT is here to government should start their own deliberated about the daunting stay and, the theatre will remain but, it OTT platforms that will encourage impact of the pandemic, especially in has to tweak its consumer experience. programs like ‘Make in India’ and ‘Self- the media and entertainment industry. She said that OTT has given wings to Reliant India. He mentioned the pivotal role of fly for the entertainment industry. OTT platforms in this new normal Guest of Honour, Mr. Vikram Mr. Sushil Chaudhary, Founder, that has paved a new pathway in the Sahay, Joint Secretary (P&A), Ministry and CEO of Picture Time discussed the media and entertainment industry. of Information & Broadcasting lauded regulatory aspect of the OTT platform He highlighted that with the coming the report submitted by the Media and the need for a moral code of of OTT platforms, the film industry Team of PHD Chamber on ‘Outlook conduct for content curators and is witnessing a new opportunity and of Media and Entertainment Industry viewers. He talked about the growing this sector will see new heights in the in the COVID Scenario’. He mentioned revenues of these platforms that will times to come. that OTT will be the future of the give cushion to the film industry in entertainment industry.

64 PHD Chamber Bulletin | September - November 2020 CAW the future. He said that India has the while moderating the technical session of-thanks to the delegates. potential to increase their revenue in discussed the advantages of OTT The webinar was moderated by Dr. the cinema industry. The cinematic and behavioural changes and habit Yogesh Srivastav, Principal Director, experience will tweak itself depending formation towards entertainment PHDCCI and was attended by more on the viewers’ preferences. post-COVID-19. than 100 industry stalwarts pan-India. Ms. Shagun Singhal Garg, Mr. Saurabh Sanyal, Secretary- Motivational Speaker and Educationist General, PHDCCI delivered the vote-

Impact of Pandemic COVID-19 on Global Trade Outlook- Implications for India

he Foreign Trade and Investment enhance domestic capabilities with Prof. (Dr). Gulshan Sachdeva, Committee of PHD Chamber significant focus on level playing field Professor, Centre for European Torganized a webinar on ‘Impact for domestic manufacturers. Studies, Jawaharlal Nehru University of pandemic COVID-19 on Global Trade Dr Ram Upendra Das, Head & talked about the global unrest caused Outlook- Implications for India’ on Professor, CRT & CRIT, Ministry of by COVID-19 at economic, social and September 7, 2020. Commerce & Industry, said that political level. He said that considering Dr D K Aggarwal, President, PHD COVID-19 has brought important the changing global economic Chamber delivered the welcome lessons for India in terms of landscape amid COVID-19, there is remarks and also released the Study import dependence, availability of a need to attract significant foreign on India’s Imports from China: medicines & medical devices and investments to scale up industrial Strategy for Domestic Capacity health infrastructure. He added that production and achieve higher Building jointly conducted by PHD the AtmaNirbhar Bharat mission of economic growth in the coming Research Bureau, PHD Chamber and the Government is a worthwhile quarters. He asserted that India should Department of Commerce, Delhi initiative to support domestic work towards better integration with School of Economics. businesses and would ensure long- the global economy particularly Asian economies while developing local Dr D K Aggarwal, President, PHD term competitiveness of the Indian supply chains. Chamber said that the deepening of industry. He called for enhanced the contraction in global growth and domestic production of high quality Prof. (Dr). Kavita Sharma, trade during the recent years has products and generate greater value Professor, Department of Commerce, been accentuated by the outbreak of addition for India to engage with the Delhi School of Economics, said that pandemic COVID-19. He said that the world from a position of strength there are several implications for the clarion call given by Our Hon’ble Prime and build resilient supply chains. He Indian economy amid the current Minister for AtmaNirbhar Bharat is suggested that trade agreements with global economic scenario. She highly appreciable and would pave countries such as USA, UK, Canada, underlined that to realise the vision of a way for developing local supply Europe, among others should be AtmaNirbhar Bharat, there is a need chains while remaining a part of the explored in the coming times as robust to ensure massive skill development global supply chain network. He trade regime with various economies of the growing young workforce and opined that India should move away can provide an opportunity to India to focus on University-Industry linkages from all its imports from China, divert scale up indigenous production and to stimulate out-of-the-box thinking trade towards friendly economies and do value addition. and innovations, going forward.

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Thus, greater academia-industry in strengthening India’s economic Investment Committee, PHD Chamber collaborations can help build a wide growth trajectory in the coming times. delivered the concluding remarks and pool of resources and enhance India’s Mr. Vijay Mehta, Chairman, Foreign the vote-of-thanks to all the eminent image globally. Trade and Investment Committee, speakers and participants. He said that Dr Niti Bhasin, Associate Professor, PHD Chamber said that when the efforts should be made to diversify Department of Commerce, Delhi COVID-19 outbreak surfaced, global the portfolio of our export products School of Economics said that the trade was already being disrupted in terms of more countries and also in recovery from the stress imposed more severely than at any other point terms of more products, where India by COVID-19 would be gradual. She in history. He added that globally, has core competence. said that COVID-19 is both a demand many companies are looking to exit Dr S P Sharma, Chief Economist, side and supply side crisis and policy their manufacturing facilities from PHD Chamber, moderated the responses would need to be devised China and settle their manufacturing webinar and gave a brief presentation accordingly to revive trade & industry. bases elsewhere. India can take of the Study on ‘India’s Imports from She added that the pandemic advantage of these opportunities on China: Strategy for Domestic Capacity has brought to the forefront the the back of dynamic reform measures Building’ conducted by PHD Research importance of import substitution in undertaken by the Government in Bureau, PHD Chamber in collaboration certain critical sectors. She opined recent years. with Department of Commerce, Delhi that enhanced competitiveness of our Mr. Nirmal Khandelwal, Co- School of Economics. exporters would play a crucial role chairman, Foreign Trade and

Knowledge Session on Restart of Visa Services for Travellers

he Tourism Committee of PHD Mr. Pranav Sinha, Head – South international flights have resumed its Chamber in association with VFS Asia, VFS Global, shared information operations, people are looking forward TGlobal organized a ‘Knowledge on the latest updates on visa services to travel to various destinations for Session on Restart of Visa Services for for travellers and also briefed about which visa processing is one of the Travellers’ on September 16, 2020. the all-new service of appointment most crucial aspect. He also stated As lockdowns are being lifted booking for a COVID-19 test and other that the Tourism Committee will in most locations and borders have useful services, such as ‘doorstep’ visa continue to organize such informative begun to slowly re-open, VFS Global services offered for travellers. sessions in future as well. is resuming limited visa services while Mr. Rajan Sehgal, Co-chairman, The session was moderated by ensuring adherence to the highest Tourism Committee, PHDCCI, Dr Jatinder Singh, Director, PHDCCI health and safety standards. mentioned that as some of the and attended by more than 100 participants.

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Reshaping Retail with AI: Direct to Customer Strategy Post-COVID -19 Retail Companies Should Build Robust Supply Chain Model Which Can Handle Any Disruption & Contingency

he Retail Committee of Operating Officer - Dairy & Beverages with minimum exposure to Mom & PHD Chamber organized ITC Limited, shared that FMCG sector Pop stores. Mr. Singhal shared that Tan interactive webinar on started investing in E-Commerce back lockdown has enabled SMEs to reap ‘Reshaping Retail with AI: Direct to 4-5 years but during the Pandemic maximum benefits owing to the local Customer Strategy Post-COVID -19’ on they have faced unique challenges reach and better penetration of the September 10, 2020. due to market disruptions. Consumer supply chain in the local market. Mr. Ashutosh Sharma, Director behaviour has shifted to online Mr. Kunal Verma, Operations & Country Head - Sales, Yellow shopping, and even for grocery Director, Oriflame, while deliberating Messenger while moderating the requirements, consumers are largely on the user engagement using AI webinar, structured the discussion depending on online deliveries. automation spoke about how it has on the specific aspects of technology He highlighted the need for changed and shaped the customer shift and its implications on the Retail a robust customer engagement service experience citing an example Industry. He highlighted how direct to strategy whereby a content driven of how in the cosmetic industry, consumer technologies are shaping engagement platform along with the Oriflame Inc. is offering a customized in the time of pandemic which has core product helps increase sales and experience by creating a unique become a new normal. Not only demand of the products; for example, skin profiling of the end-user and enterprises but SMEs are adopting FMCG Food items bundled with recommending them the intended technological interventions for recipes have helped ITC to increase product which is helping in customer customer delivery and satisfaction in the demand for its products. acquisition and strengthening the last- which AI is playing a pivotal role. Mr. Sanjay Singhal while sharing mile delivery. While discussing on How to his thoughts on the digital and omni- While discussing brand Enable the Direct to Consumer model channel marketing said that during transitioning to Direct to Consumer, – common tech, Initiatives, and COVID times, the consumer is not Mr. Verma, suggested that companies technologies for fast and effective experimenting with his preferences should adopt a step-wise transition Transitions, Mr. Sanjay Singhal, Chief and only purchasing on the need basis model starting with internal

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evaluation, then financial evaluation any disruption and contingency. also affecting business transaction and finally marketing evaluation. Mr. Pradeep Karambelkar, models. He also suggested that companies Chairman, Madhya Pradesh Chapter, Mr. Saket Dalmia, Chairman, Retail should start taking into account PHDCCI highlighted the different Committee, PHDCCI while presenting the influencers and bloggers while consumer behaviour at different geo- his opening remarks highlighted that marketing their products. localities and remarked that in two the need of the hour is to efficiently Mr. Manoj Tomer, Manager and three-tier cities people are still perform customer acquisition, System Implementation, Parle - G Ltd. comfortable with mom and pop stores persuade customers to buy and last suggested that Operational excellence as the pandemic has not penetrated but not least encourage businesses to in the process automation has helped in these cities. He opined that enhance technology transformation Parle to sail through the time of the Information technology will rule in the at the time of disruption. pandemic. He also suggested that near future but the SME sector is on The webinar was supported by companies should build a robust the learning curve right now, COVID-19 Yellow Messenger. supply chain model that can handle has changed consumer behaviour and

E-Conclave on National Education Policy 2020

he Education Committee of PHDCCI organized an E-Conclave Ton ‘National Education Policy (NEP-2020)’ on August 7, 2020. Built on the foundational pillars of ACCESS, EQUITY, QUALITY, AFFORDABILITY AND ACCOUNTABILITY, NEP-2020 is aligned to the 2030 Agenda for Sustainable Development Goals (SDG4). The rationale of the e-conclave was to dwell on the implementation strategies to make India a vibrant knowledge society and developments in the education policy of opportunities to the students, global knowledge superpower. described it as a transformation allowing them to think for different policy that will give new definition avenues so that they can experience Distinguished speakers included to the foundation of education in a and decide the new focus areas. Dr Biswajit Saha, Director, Central developing nation. He said that the Board of Secondary Education Dr Aarti Srivastava said that higher focus is on the practice of concepts (CBSE), Ministry of Education; Mr. education is the engine for growth and making education more flexible, Jagdish Chand Chaudhary, Chairman and propels all other sectors. She practical, learning and diversified. and Managing Director, Aakash enlightened about the key features of Educational Services Ltd.; Dr Aarti Dr Biswajit Saha stated that NEP the New Education Policy 2020. Srivastava, Department of Higher 2020 is trying to establish the bridge Dr Vishwa Mohan Bansal, and Professional Education, National between school, higher education Chairman, Education Committee, Institute of Educational Planning and and industry-leading to the future PHDCCI mentioned that there is a Administration , Ministry of Education mission for the growth of the country. need for smooth implementation of and Dr Kamlesh Vyas, Partner- He said that the framework of NEP the new education policy by taking the Deloitte. 2020 is poised for future development support of PHDCCI and other industry of the nation. He deliberated that Dr D K Aggarwal, President, stakeholders. the policy is giving a wider spectrum PHDCCI while lauding the recent

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Corporate Fraud Control through Various Investigation Methodologies

he Corporate Affairs Committee only undermines profits, operating Mr. M S Mehta, Chartered of PHDCCI organized a webinar efficiencies and reliability, but can Accountant gave a detailed Ton ‘Corporate Fraud Control severely damage the organization’s presentation on various tools such through Various Investigation reputation. As Corporates and as Computer Aided Audit Tools and Methodologies’ on September 11, Professionals are looking for a rigorous sampling techniques. He depicted 2020 through Zoom. approach to risk management and MS Excel as a CAAT tool which helps Mr. Naveen N D Gupta, Chairman, loss prevention to safeguard business to find latent errors and omissions Corporate Affairs Committee, PHDCCI value, this webinar will help them in spreadsheets and data. He also in his opening address mentioned that to be well versed with the various highlighted the ways to spot patterns those companies which proactively Investigation Methodologies to of fraudulent transactions. started to consider the handling of control the Corporate Frauds. Mr Vijay Jhalani, Co-chairman, initial discovery, investigation and Mr. Chetan Dalal, Founder & Corporate Affairs Committee, PHDCCI self-reporting of a fraud event, are in CEO, Chetan Dalal Management & delivered the vote- of- thanks to a far better position to navigate the Investigation Services gave detailed the eminent speakers, sponsor and complexities and potential issues that presentation on various Fraud participants. typically accompany illicit activities. Investigative Methods such as Novel The webinar was attended Mr. Pradeep Multani, Vice and Traditional methods of fraud by more than 150 participants President, PHDCCI in his welcome detection and investigation. He also that included senior members of address mentioned that frauds highlighted the measures to spot PHDCCI; professionals and senior and poor governance are serious red Flags in an organization. While representatives from corporates. The risks for all organizations. High- concluding, he shared various case webinar was sponsored by Dass Gupta profile cases in recent years have studies to conduct investigation of & Associates and was live on YouTube shown that dishonest behavior not fraud efficiently. as well.

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set up all over the country to ensure seamless generation, transmission and distribution of renewable power. The government is in the process of privatizing all the DISCOMS in the Union Territories. The first such case will be finalized by December this year, added Mr. Sahai. Mr. Anil Shrivastava, IAS, Principal Consultant & Mission Director, National Mission for Transformative Mobility & Battery Storage, NITI Aayog highlighted that RE is the future, EV, battery, and grid storage systems are disruptors. He stated that India should focus on manufacturing of lithium-ion batteries; in the future, vehicles will generate their own energy. Dr Amit Jain, Senior Energy Specialist, World Bank said that for India, decentralized power generation is the only sustainable solution for achieving RE goals. Solar Rooftop is critical to achieving the target of 100 GW solar power by 2022. Mr. Saurabh Kumar, Executive Vice Chairperson, EESL Group discussed that storage, ancillary services, and demand response are all very necessary in the field of renewable International Webinar energy. He said that focus on a decentralized model of renewable energy is required. on Innovations In Ms. Surbhi Goyal, Senior Energy Specialist, World Bank discussed that West Bengal is focusing on Sustainable Renewable Energy RE production. Keeping the interest of all stakeholders in mind, they are supporting solar production in he Power, RE & AE Committee Acts’ said that the Consumer/Prosumer snowbound areas like Spiti, Himachal of PHDCCI organized an is at the heart of renewable energy Pradesh. West Bengal is encouraging TInternational webinar on power generation. Towards this end, battery storage, pump storage and “Innovations in Renewable Energy” amendments are being considered to working with the Ministry of Power for on September 12, 2020. Mr. Sanjiv the Electricity legislations which will the development of power markets. Nandan Sahai, IAS, Secretary, Ministry recognize the right of the consumer to Mr. Amal Sinha, CEO, BSES of Power was the Chef Guest at the get good quality power at reasonable Rajdhani Power Ltd while giving an webinar. rates. For the renewable energy industry outlook of the power sector India has already attained the sector, the “prosumers” will be mentioned that there is greater status of “One Nation, One Grid, allowed to set up roof-top solar units flexibility required in each power One Frequency”. There are now no up to their sanctioned loads. value chain. He further explicated that constraints in inter-regional transfer The Ministry of Power is in the there is a bi-directional flow of power of power, said Mr. Sahai. A Liquidity process of making amendments to the with a distributed network. The key is Scheme for the Power Sector with Electricity legislations. to provide flexibility through storage an outlay of Rs 1, 20,000 crores was With the extension of electrification and we need regulatory support if started under the Aatma-Nirbhar to all households, the average cost of we need to invest in storage. He also Bharat Scheme to prevent any crisis of power to DISCOMS has gone up. This discussed the innovations and projects confidence in this sector. For this, an has created further financial stress undertaken by BSES for adopting new amount of Rs 68,000 crores has been for the DISCOMS especially when technologies, especially in solar and sanctioned and out of this, Rs 25,000 they see the renewable energy prices blockchain technology. crores has already been disbursed, falling almost with every tender, Mr. Prantik Jana, Sr. Manager, informed Mr. Sahai. said Mr. Sahai . He also highlighted GE Power mentioned the need to The Chief Guest while deliberating that eleven Renewable energy stabilize the change in the short circuit on the ‘Amendments to the Electricity Management Centers have been power and need for a technology that

70 PHD Chamber Bulletin | September - November 2020 CAW can stabilize the grid and increase the objections. He said that Mobility as a burden on the rest of the grid such as share of renewable, Service models are cost & customer transmission congestion, suggested Mr. Deepak Amitabh, CMD, PTC friendly and improve efficiency. Mr. Dr Aggarwal. He underlined constant India Ltd discussed that Infrastructural Martin Smedstad Foss, Distinguished innovations in technology, business innovation has been at the forefront Scientist, IFE discussed the initiatives models and financing options for RE even in the Ministry of Power be it for undertaken by IFE in helping in the projects are essential for sustainable green corridors, small home solutions, research on the production of solar integration of RE and to overcome the etc. Talking about renewable energy, power and wind power. challenges of high costs involved. Dr Mr. Amitabh said it has undergone a Mr. Sanjay Gupta, GM, IRCON Aggarwal also highlighted the recent lot of changes and has contributed a International Ltd mentioned the need innovations in the RE sector which is lot to satiate energy demand and we to come up with policies for PSUs to be the use of Green Hydrogen, which can have a growing requirement of energy able to achieve the expected growth be a game-changer in the future. as we have a lot of consumers in this and target and work on power plants Mr. Sanjay Aggarwal, Senior Vice sector. for solar and do something about President, PHD Chamber lauded the Dr Ajay Mathur, Director General, transmission as it is a big challenge. Government for taking proactive TERI talking about opportunities Mr. Mendo Kundevski, Principal - action in the wake of disruptions in the power sector shared that all ENEA Consulting mentioned that we caused due to COVID for the benefit electricity generation capacity in the need to work on power and gas and of Renewable energy. He mentioned future would be based on solar. our focus is on renewable power. that the RE Projects tend to have Giving a global outlook, he said that high upfront costs and low ongoing Mr. Palash Srivastava, Acting the India-Australia relationship is operating costs, making access to CEO, IIFCL Projects Ltd briefed such that great projects and tie-ups long term funding for such projects about various initiatives and projects can happen as Australia is a reliable a necessity. RBI has categorized the untaken by IIFCL for renewable partner for energy needs. renewable energy sector as a priority energy and mentioned that credit sector lending, also Green banks have enhancement facility has worked well Mr. Sanjeev Jain, Chief Engineer, emerged as an innovative tool for and has helped bring a lot of benefits Chhattisgarh Renewable Energy accelerating clean energy financing to the customers. Development Agency apprised that Chattisgarh Govt. has taken various globally. Such dedicated financial Mr. J. N. Swain, IAS, MD, SECI proactive steps in promoting RE like institutions have proved to be a appealed to NBFCs to come forward installing 1500 mini-grids in remote successful mechanism for leveraging and fund RE projects. He suggested areas, 15000 solar pumps for citizens, the limited public finance to mobilize that Pension funds can also contribute and 65000 solar pumps for irrigation. the required private capital into the to long term financing. sector, added Mr. Aggarwal. Mr. Sturle H. Pedersen, CEO, Mr. Dong Ik Lee, Director General, Greenstat Hydrogen, Norway talking Mr. Sanjeev Gupta, Chairman, AIIB discussed the initiatives of AIIB about changes and transitions Power, RE & AE Committee, PHD and AIIB. discussed the need for dramatic Chamber apprised about the Mr. R. R. Jha, Executive Director), changes in distribution and storage. innovations in renewable energy. Power Finance Corporation Ltd He said that hydrogen plays a key role Mr. Vardaan Aggarwal, Co- discussed various projects of PFC in in the energy chain, it would become chairman, Power RE & AE Committee, recent years for the promotion of competitive with other carbon PHD Chamber said that considering the renewable energy. alternatives as Government has a goal clarion call of our Hon’ble PM for Atma Mr. A.K. Gupta, MD, Jaipur Vidyut for the sector of renewable energy to Nirbharta in the Power & RE sector, Vittran Nigam Ltd mentioned that reach. focus on Innovations in Renewable Rajasthan has already brought out Dr D K Aggarwal, President, PHD Energy Sector becomes inevitable. By a solar policy and taking forward Chamber said that the small pause in using Blockchain, Internet of Energy schemes like ‘Kusum Yojana’ and are industrial activity due to COVID did (IoE), AI, our engineers will be able to going to going to provide solar and disrupt the economic activities but at do efficient Energy management. standalone pumps. He also added that the same time turned opportunities by The webinar was moderated Jaipur Vidyut Vittran Nigam Ltd are providing some time to introspect and by Dr Yogesh Srivastav, Principal working on solarizing pumps which deliberate on innovations and new Director, PHD Chamber. The webinar will help achieve energy goals and models of producing and integrating was sponsored by REC Ltd, SBI, PTC to facilitate need for storage power Renewable Energy in our energy mix. India Ltd, IRCON International, BSES plants. To improve the grid integration, and supported by EESL Group, AIIB, Mr. Hugo Spowers, Founder, one has to improve planning and Greenstat, GE, Riversimple, and Riversimple gave a brief background accounting for renewables (rather, Austrade. about Riversimple, its mission, and for all generation), factoring in their

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Challenges & Opportunities For Smartphone Industry Post COVID-19

he Telecom Committee of Mr. Sandeep Aggarwal, Chairman- there is a decline in the shipments PHDCCI organized an interactive Telecom Committee, PHDCCI while due to COVID and an increase in the Twebinar on the ‘Challenges giving a background of the mobile online channel of smartphones, which & Opportunities for Smartphone industry, highlighted that India is also expected to grow at a much Industry post COVID-19’ on September has the capability to manufacture faster pace. He mentioned that due to 22, 2020. smartphones in India and the COVID-19, consumers have increased The eminent panellists were Mr. Government is encouraging domestic buying on online channels. He also Sanmeet Kochhar, Vice President, manufacturing in a significant manner said that looking at the present market HMD Global and Mr. Sunil Joon, Vice with robust notifications. He was trends, there is a need for a fresh President and Chief Product Officer, optimistic that with the diligent perspective for sales and distribution Micromax Informatics Ltd. efforts of the Indian Government, the in the offline market. Smartphone industry will amplify its Mr. Sanjay Aggarwal, Senior Vice Talking about the future growth manufacturing growth and will make President, PHDCCI in his welcome prospects of the industry, he said that this industry Self-Reliant. address deliberated about the this is a highly resilient industry. Also, growing need for the strong telecom Mr. Sanmeet Kochhar in his with the emergence of digital learning network in the times of the pandemic presentation gave a brief about HMD and remote working, this industry has to stay connected with each other. Global and how it has contributed increased its users. Now, this industry He discussed the rise in the usage of to the smartphone industry. He needs to look at affordability for smartphones which offers multiple also said that in the coming years, driving the market along with more user-friendly features, is portable, and there is a huge opportunity for India user-friendly features. comes at affordable prices. by creating, sourcing, making and Mr. Saurabh Sanyal, Secretary exporting Smartphones. According Mr. Aggarwal also highlighted the General, PHDCCI delivered the to many studies, 2021 will rebound fact that due to COVID-19, one of the vote-of-thanks to all the panelists with 6% year-on-year (YoY) growth challenges the Smartphone industry for their valuable insights on the in Smartphones, and looking at the is facing is on the manufacturing challenges and opportunities for the present times, there is an increase side. Therefore, there is a need to smartphone industry post COVID-19. in the usage time of Smartphones. amplify domestic manufacturing and The session was moderated by Dr He also highlighted that value-added production of smartphones which Yogesh Srivastav, Principal Director, services like insurance, extended will help to expand the market and PHDCCI. The webinar was supported warranty, or things that help to build increase the ability to adapt the by Paramount Communications value in their purchase are expected technology, leading to the growth of Limited and was attended by industry to increase in the upcoming years. the economy and a move towards a stalwarts’ pan-India. Self-Reliant India. Mr. Sunil Joon, while giving an industry perspective mentioned that

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E-Conclave on My India My Startup: 100 Unicorns by 2025

he Startup Forum of PHD amendments, tax rebate, capital City, where the average conceiving Chamber organized an support and many more. age of any Unicorn is seven years. Te-Conclave on ‘MY INDIA MY In his keynote address, Dr Rajendra Mr. Ashok Kajaria, CMD, Kajaria STARTUP: 100 UNICORNS BY 2025’ Kumar (IAS), Additional Secretary, Ceramics Ltd. stated that every Startup on September 17, 2020. More than Ministry of Electronics, and IT (MeitY), must understand the importance of 200 stakeholders comprising of stated that the IT industry has given Finance Management and they should Startups, Incubators, Accelerators, hope to the Indian youth and the focus on it right from the beginning. Angel Investors, Venture Capitalists, growth in entrepreneurship is huge He emphasized on the importance Mentors and Technology Experts since the 1980s. He mentioned that of team building for becoming a participated on this platform to MeitY Startup Hub (MSH) is providing successful Startup. create self‐reliance and strong Startup incentive programs to the Startups, Mr. Anil Khaitan, CMD, Sunil community spirit. similarly, through Technology Healthcare Ltd. mentioned that Govt. Dr D K Aggarwal, President, Incubation and Development of of India is solidly behind the Startups PHDCCI in his address highlighted Entrepreneurs (TIDE), Schemes. and is determined to support Startup that Startup India mission has the Mr. Deepak Bagla, MD & CEO, ecosystem in India. He mentioned that potential to make India a super Invest India, said that one-third of Parliamentary Standing Committee of powered economy and encouraged Startups in India conduct business in Finance has recommended Long Term Corporates and Investors to have the e-Commerce and 66% of Startups are Capital Gain Tax Exemption for all the risk appetite for handholding and from the engineering background. investment made on Startups with a financing Startups. Today, the combined value of Indian minimum tenure of 2 years. Mr. Sanjay Aggarwal, Senior Unicorns is US$ 73 Billion, where the Mr. Subodh Sachan, Director, Vice President, PHDCCI asserted on top 10 Unicorns make 70 to 80% of Software Technology Parks of India the fact that Indian government is the total volume. He mentioned that (STPI), Ministry of Electronics and IT supporting Startups in terms of policy Bangalore is today’s Unicorn Capital (MeitY), stated that currently India is

PHD Chamber Bulletin | September - November 2020 73 CAW

having US$ 191 billions of IT Industry in Officer, Samunnati; Mr. Erik Azulay, Mr. Vikrant Rajvanshi, AGM, SIDBI. which Rs. 447000 crores are coming Executive Director, Nexus Innovation The session on incubation support from the STPI registered companies Hub and Incubator; Mr. Anupam was moderated by Mr. Sumit Duggal, only. Next Generation Incubation Jalote, CEO, iCreate; Prof. Harvinder Co-chairman, Startup Forum while Scheme (NGIS), STPI’s comprehensive Popli, Director, DPSRU Innovation and formal vote-of-thanks was delivered and futuristic incubation scheme aims Incubation Foundation; Mr. Ashish by Mr. Bharat Mehta, Co-chairman, to support as many as 300 Startups/ Jain, Chief Mentor & CEO, JSS Business Startup Forum, PHD Chamber. entrepreneurs, he added. Incubator; Dr K S Bhatia, Founder Dr Jatinder Singh, Director, & CEO, Pumpkart.com; Mr. Gaurav Mr. Ashish Aggarwal, Chairman, PHDCCI introduced the session and Gupta, Co-Founder & COO, Zomato; Startup Forum, PHDCCI in his invited Startups to become members Mr. Joy Bandekar, Funding Partner, presentation apprised about the of Startup Forum of PHD Chamber. mission, objectives, initiatives and Udaan; Mr. Anil Joshi, Managing The session was supported by activities of Startup Forum for Partner, Unicorn India Ventures; Mr. Samunnati Financial Intermediation & improvising Startup ecosystem. Vikram Gupta, Founder & Managing Partner, IvyCap Ventures Advisors Services Private Ltd. Other eminent panellists included Pvt. Limited; Dr. Archana Hingorani, Mr. Suresh Devnani, Chief Business Managing Partner, Siana Capital and

E-Workshop on Training Need Analysis

he HR & Industrial Relations Anshul Dureja, Managing Director, customer satisfaction, setting Committee, PHDCCI organized Creating Values Pvt. Ltd. asserted creativity & innovation ecosystem Tan E-Workshop on Training Need that TNA is a fundamental activity in the organization and high Analysis (TNA) on September 24, for the training and development growth. Employee training leads to 2020. The focus of the workshop was function as it identifies the gaps in improved efficiency, engagement and to equip HR Leaders with the skills employee performance and training motivation among employees. required to carry out a training needs requirement. This is essential to align The workshop was attended by HR analysis to ensure a good return on the workforce skills to meet strategic practitioners from various business training investment. objectives and organizational goals. houses. Dr Jatinder Singh, Director, The domain experts, Mr. Learning and development is at PHDCCI moderated the session. Rajeev Gupta, Managing Director& the core of high impact performing CEO, RDI (India) Pvt. Ltd and Mr. organizations as this leads to higher

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Webinar On Combat COVID 19 Through Aroma Therapy - Standalone Session With Dr Blossom Kochhar

he Women Entrepreneurs to be an excellent cure for diabetes, buying these oils in their pure form Committee, PHD Chamber flu, fatigue, depression, cold, blood and they should be stored in dark Torganized a webinar on ‘Combat pressure, hormonal problems, coloured glass bottles so that they COVID 19 Through Aroma Therapy- arthritis and other ailments. She don’t lose their essence. Standalone Session with “Dr Blossom recommended adding a few drops Dr Aruna Abhey Oswal, Kochhar” on September 21, 2020. of eucalyptus and thyme into the Chairperson, Women Entrepreneurs In the times of COVID-19, oils like sanitizer which helps to keep the Committee, PHD Chamber in her eucalyptus, lavender, rosemary, tea bacteria and virus away. welcome address discussed the tree, basil, and ajwain oil will help to Dr Kochhar recommended putting importance of Aroma Therapy and combat COVID-19. These essential oils a few drops of lavender oil in the palm essential oils since the ancestral times are antibacterial, antiviral, antiseptic and doing deep breathing that will and, now they are being widely used and help in the overall healing of the help to minimize stress levels. She for treating medical ailments. body, recommended Dr Blossom also recommended tapping under Mr. Saurabh Sanyal, Secretary- Kochhar, Co-chairperson, Women the collar bone, below the shoulders, General, PHD Chamber delivered the Entrepreneurship Committee, PHD a point on the wrist, and clapping vote-of-thanks and deliberated about Chamber and Chairperson, Blossom of hands in the morning that will the usage of aromatherapy during Kochhar Group of Companies. help boost the immune system and wars that helped in the healing of Giving a brief background about maintain energy levels. soldiers and other affected people. Aroma Therapy, Dr Kochhar discussed Aroma Therapy works through the The session was moderated by how aroma therapy is using the pure sense of smell and helps in the overall Ms. Vertica Dvivedi, Co-chairperson, essential oils and herbs for treatment curing of the body. It’s all-natural and Women Entrepreneurs Committee, related to beauty, mind and curing pure, and it penetrates in the skin, said PHD Chamber along with Dr Yogesh certain ailments. Aroma therapy has Dr. Kochhar. She recommended using Srivastav, Principal Director, PHD been used in the ancient civilizations oils like lavender and sandalwood Chamber and was attended by many of Egypt, China, and India. In India, can help hair and oils like patchouli, industry stalwarts and young aspirants aromatherapy has been placed in jasmine, orange will help to get pan-India. the Vedas, Ayurveda, and has proved flawless skin. She also recommended

PHD Chamber Bulletin | September - November 2020 75 CAW

Second Master Class on SEBI LODR Regulations & Compliances under Companies Act, 2013

he Corporate Affairs Committee COVID-19, businesses in India He also detailed out the compliance of PHDCCI organized the Second and worldwide have been largely provisions with LODR regulations and TMaster Class on ‘SEBI LODR impacted. However, the Ministry of consequences of non-compliance. Regulations & Compliances under Corporate Affairs (MCA) and Securities Mr. Pranav Jain, Partner, BGJC & Companies Act, 2013’ on August 18, Exchange Board of India (SEBI) have Associates LLP gave a presentation 2020 through Gotowebinar as a part been proactive in understanding on ‘Compliances under Companies of the Two Days Online Master Class the impact of the pandemic and Act, 2013’. He detailed the reporting on Corporate Compliances. acknowledging the challenges faced and compliance requirements under Mr. Vijay Jhalani, Co-chairman, by the stakeholders during these Act, 2013. He also explained the Corporate Affairs Committee, PHDCCI testing times and have granted a special relaxations provided by MCA in his opening address mentioned that number of reliefs and relaxations due to COVID-19 to corporate sector the alignment of SEBI Regulations to companies in order to navigate such as meeting of the Board and with the Companies Act 2013 is a through these challenging times and shareholders; CSR Spending and time step in the right direction which not ensure fast-track recovery of the provisions in filings. Indian economy, he added. only removes the ambiguity and Mr. Naveen N D Gupta, Chairman, confusion but also paves the way for Mr. Darshan Chhajer, Partner, BGJC Corporate Affairs Committee, PHDCI greater transparency and increases & Associates LLP gave a presentation delivered the formal vote-of-thanks dissemination of information. on ‘SEBI – Obligations Of Listed to the eminent speakers, sponsors Mr. Pradeep Multani, Vice Companies’. He explained the SEBI and participants. The webinar was President- PHDCCI in his welcome Advisory on disclosure of Material sponsored by JK Tyres and Industries address mentioned that due to Impact of COVID 19 on economy. Ltd.

76 PHD Chamber Bulletin | September - November 2020 CAW

Global E-Conclave On blockchain For Farm Production, Marketing And Supply Chain Efficiency | Trust | Transparency

lockchain remains potentially Strategy toward Enabling Ease of that we are slowly progressing significant for farmers and Business, Ease of Living And Ease towards Blockchain technology and Brural communities, particularly of Governance.” According to the it is important to digitize the entire because of the trust dimensions. paper, there is dearth of Blockchain Value Chain Management System Banking and remittances, land rights, experts; there are only 10,000 along with Peer-to-Peer networking. and supply chain transparency are Blockchain Experts working globally. He mentioned that Agtech needs three areas wherein Blockchain Hence it is providing both challenges immediate attention. technology can be deployed to benefit and opportunities to develop the Mr. Manoj Das, Managing rural communities. technology. Director, North Eastern Regional On this background, ICT and Dr U S Awasthi, MD, and CEO, Agricultural Marketing Corporation Electronics Committee, PHDCCI Indian Farmers Fertilizer Cooperative Limited mentioned that there is a organized the ‘Global e-Conclave on Limited (IFFCO) in his inaugural huge scope for Blockchain technology Blockchain for Farming Production, address asserted that Blockchain in agriculture sector specifically in Marketing and Supply Chain’ on technology is one of the greatest organic products since traceability is September 23, 2020. Around 485 innovations of digitalization after very important. distinguished delegates from the the internet, which provides trusted Mr. R P Singh, Director, Indian Indian Agriculture Sector, Startups, transition and removes the need of Farmers Fertilizer Cooperative Agricultural Marketing Supply intermediaries. He said that there has Limited (IFFCO), said that Agro- Chain Management and Blockchain to be a bottoms-up approach starting based industries have sustained the Technology participated in the Global from farmer enablement. He quoted Pandemic era and this fundamental e-Conclave. ‘One Nation One Technology is need sector provides the survival of human Dr Ajay Data, Chairman, ICT and of the hour’. beings. He mentioned we require Electronics Committee, PHDCCI Dr Chindi Vasudevappa, Vice- robust supply chain management and while welcoming the speakers and Chancellor, National Institute of warehousing which can be improvised delegates mentioned that NITI Aayog Food Technology Entrepreneurship using Blockchain Technology. has published a draft discussion and Management (NIFTEM), Ministry Dr Neelam Patel, Sr. Advisor paper entitled “Blockchain: The India of Food Processing Industries said (Agriculture), Sr. Advisor (Agriculture),

PHD Chamber Bulletin | September - November 2020 77 CAW

NITI Aayog mentioned that in Jan application domains of Blockchain EmerTech Innovations Private Limited 2020, NITI Aayog published a report technology are Trade Finance, Real shared their valuable insights into the on Blockchain, detailing opportunities Estate, Legal, Healthcare, Supply panel discussion. and challenges of Blockchain Chain and Land Registry. While delivering the summation Technology in India and abroad. Eminent speakers in the session remarks, Mr. Kunal Singhal, Co- She mentioned that Blockchain included Dr Saravanan Raj, Director chairman, ICT and Electronics technology individually will increase (Agricultural Extension), MANAGE, Committee, PHDCCI mentioned that to US$ 3 trillion by end of 2030 and Ministry of Agriculture & Farmers, authenticity as well as transparency by the end of 2025, 10% of the global Welfare; Mr. Satish Salivati, CEO, is the key objective of Blockchain economy will depend on Blockchain InteliTix Solutions Pvt. Ltd.; Mr. technology. Dr. Jatinder Singh, technology. Kamalakanth Kalyankari, Chief Director, PHDCCI, moderated the Ms. P R Lakshmi Eswari, Senior Coordinator, Indian Farmers Fertilizer session. Director, C-DAC Hyderabad, mentioned Cooperative Limited (IFFCO) eBazar The Global e-Conclave was that Trust Protocols Concepts include Limited; Mr. Samudra Mukherji, sponsored by Indian Farmers Fertilizer Massive Collaboration, Decentralized Manager, S&O, Deloitte Touche Cooperative Limited (IFFCO). Control, Cryptography and Smart Tohmatsu India LLP and Mr. Gaurav Code. Ms. Eswari mentioned that the Somwanshi, CEO & Co-Founder,

78 PHD Chamber Bulletin | September - November 2020 CAW

28th Annual Homoeopathic Conference, Kent Memorial Lectures 2020, Inaugural Session

HD Chamber along with the imparting tele consultation to the the ongoing pandemic. He also talked South Delhi Homoeopathic patients. He also talked about the about the benefits of yoga, meditation PAssociation (SDHA) organized AYUSH Sanjivani app to generate data and stretching exercises for the 28th Annual Homoeopathic on usage of AYUSH (Ayurveda, Yoga maintaining a healthy lifestyle. He also Conference, Kent Memorial Lectures & Naturopathy, Unani, Siddha, Sowa- mentioned about Immunomodulators 2020 on September 19, 2020. rigpa and Homoeopathy) advocacies availability for boosting immunity Dr Anil Khurana, Director General, and measures among the population during these challenging times. Central Council for Research in and its impact in prevention of Covid-19. Homoeopathy talked about the Mr. Vivek Seigell, Principal Director, success story of homoeopathy in Dr R. K. Manchanda, Director PHDCCI stated that associations treating and managing the symptoms AYUSH, Govt. of NCT. of Delhi should collaborate & work together for Chikungunya and Dengue in shared a brief presentation about for promoting the entire system and the past. Dr Khurana said that the opportunities for Homoeopathic take PHD Chamber’s platform for Homoeopathy has played a significant Associations. He talked about the promoting homoeopathy as a strong role in providing treatment in active efforts being made for prevention system of medicine. conditions. He mentioned that the and treatment of COVID-19 patients Dr R.N. Wahi, Chairman, Ministry of AYUSH has taken various by Homoeopathic physicians all over Organizing Committee, SDHA thanked steps and CCRH Council is working India. all the panelists for joining the 28th on various scientific research and Mr. Arvind Varchaswi, Chairman, Annual Homoepathic conference. Dr. clinical trials are in progress during AYUSH Committee, PHDCCI talked Satya Vir Sharma, Director (Finance), COVID-19 period. He also shared about how to focus on an individual SDHA delivered the vote-of-thanks about the latest guidelines launched immunity by maintaining a balanced to the panelists and homoeopathy by the Ministry for Tele-Medicine for lifestyle and personal hygiene during physicians. all homoeopathy physicians, while

PHD Chamber Bulletin | September - November 2020 79 CAW

goals. He mentioned that the Swatch Bharat Mission was successfully Webinar on Redefining implemented with the integration of 4Ps: political leadership of the Hon’ble Prime Minister; public finance; strong SDG Enablers for India partnership and public participation. Mr. Omair Ahmad, South Asia Editor, The Third Pole pointed out and Nepal the need for inclusive developmental framework and how the global outh Asia is one of the Hardest- Mr. Jha emphasized the need pandemic has made the economies, hit Regions with Climate Change, to strengthen energy cooperation fragile and uncertain. He called for a Ssays Abhas Jha of World Bank in a in South Asia and complement each more resilient economic structure. PHDDCI Webinar. other with resources. He concluded While talking about the role of on a note that the changing geo- PHD Chamber under the aegis the private sector towards SDGs, Ms. strategic fundamentals in the region of its India-Nepal Centre and in Akanksha Sharma, Head-Social Impact will have an impact on the South Asian association with the Confederation of & Sustainability, Sterlite Technologies countries’ bid to achieve SDGs. Nepalese Industries (CNI) and Sterlite Ltd. shared that technology has Technologies Ltd (STL), PHDCCI Amb Mr Manjeev Singh Puri, gone hand-in-hand with economic organized the webinar: “Redefining India’s former Ambassador to development. We need to integrate SDG Enablers for India and Nepal” on Nepal mentioned that India lives in technology solutions for mitigating September 15, 2020. harmony with nature and SDGs are the SDGs. a fundamental inter-governmental In his keynote address, Mr. Abhas Mr. Akhilesh Upadhyay, Senior process. India has been a great leader Jha, Practice Manager (Climate Fellow, IIDS, Kathmandu mentioned in the solar power sector and climate Change & Disaster Risk Management), that SDGs are the natural evolution disaster resilient infrastructure. South Asia Region, World Bank said of MDGs, so the priority is MDGs. He Amb Puri highlighted that Nepal is a that climate change is one of the said that Nepal will need continuous stable nation with the availability of most focused SDG out of 17 SDGs. investment and, it has to rely on resources and services. He asserted He reflected on the fundamental foreign investment. He commented that Nepal needs to collaborate with similarities between COVID-19 and that SDG goals need to be embedded in India in its projects and be more Climate Change that included potential the policy-making from the grass-root competitive for the world. simultaneous exogenous shocks to level and need faster implementation. supply and demand; renewed focus on Mr. Yugal Joshi, Director, Ministry He added that contraction in the the long-term resilience of the system of Jal Shakti mentioned that all SDG Indian economy and other major for short and long term performance goals are interconnected and public global economies will have an adverse and the need for global and regional participation especially of women and impact on Nepal, as Nepal’s economy coordination and collaborations. children are the keys to achieve these is remittance-driven and has exposure

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to the ongoing economic meltdown the world, we need to work together Saurabh Sanyal, Secretary-General, across the world. to mitigate the challenges of climate PHDCCI recounted about India-Nepal Mr. Sanjay Aggarwal, Senior Vice change, underlined Mr. Aggarwal. Centre’s unwavering commitment for President, PHDCCI stressed on the Amb Mr. K V Rajan, Chairman, strengthening India-Nepal relations need to look upon SDGs along with the India-Nepal Centre, PHDCCI and and working for crucial matters pandemic for the betterment of the India’s Former Ambassador to Nepal including SDGs. world. While COVID-19 and lockdown chaired the session and ruminated on Other panelists were Mr. Bishal have massively disrupted the economy the deep-rooted relationship shared Thapa, Economist & MD, Saral Urja; and society, looking at solutions for by India and Nepal, growing itself in Mr. Atul K Thakur, Nodal Coordinator, SDGs is a pivotal concern, he added. diverse verticals, encouraging business India-Nepal Centre, PHDCCI; Mr. Kedar We have to keep on stressing the and trade between industries. Nuepane, Board Member, Nepal Policy issues of environment and, as part of In his concluding remarks, Mr. Institute and Mr. Jayandra Shrestha, Development Management Expert.

Webinar on City Gas Distribution

he Hydrocarbon Committee of Mr. A.K Jana, Managing Director, opportunities. PHDCCI organized a webinar on IGL in his key note address mentioned Chief Guest, Mr. D.K. Sarraf, T‘City Gas Distribution’ on July 14, that even in this unprecedented Chairman, PNGRB elaborated the need 2020.The webinar was graced by Mr. crisis of COVID, they could maintain to create more demand for natural D.K Sarraf, Chairman PNGRB as the the supply of gas for domestic and gas due to its characteristics. He Chief Guest. Other Speakers included transportation demand. While talking discussed natural gas, its background, Mr. A. K Jana, Managing Director, IGL; about the gas-based economy, he and its value addition aspects. He Mr. Rajeev Mathur, Executive Director discussed the benefits of natural further talked about the pipeline Corp Affairs/AM GAIL & Chairman gas and also mentioned about the infrastructure and the new projects PHDCCI Hydrocarbon Committee and increase in demand post the 9th and and terminals that are in progress. He Mr. Saurabh Sanyal, Secretary General 10th CGD bidding rounds. He further also talked about announcing the 11th PHDCCI along with other eminent thanked the Government and PNGRB CGD bid in a few weeks time. people from the industry. for creating a platform where CGD Mr. Pawan Kumar Tibrawalla entities can come together towards Dr D.K Aggarwal, President, Co-chairman, PHDCCI Hydrocarbon building a better future. PHD Chamber in his presidential Committee delivered the vote- of- remarks deliberated about the recent Mr. Rajeev Mathur, Chairman, thanks to all the delegates. The developments in city gas-distribution Hydrocarbons Committee, PHD webinar was moderated by Dr Ranjeet and how India can become the 3rd Chamber, and Executive Director Mehta, Principal Director, PHD largest consumer of Natural Gas after Corp Affairs/AM GAIL shared industry Chamber. the recent developments in the sector. insights and growth prospects along with different challenges and

PHD Chamber Bulletin | September - November 2020 81 CAW

is challenging as observed in the southern region of India and since Expanding Natural Gas Infrastructure is the backbone of India’s gas-based economy, hence completion of National Gas Grid (NGG) Footprint in Indian is critical and vital for reaching natural gas to all corners of the country. He said that each state Government Economy should support the development of regional gas pipeline, these regional he Hydrocarbon Committee reforms towards moving India to a networks will ensure last mile of PHD Chamber organized a Gas based economy. He spoke about connectivity and will help in increasing webinar on “Expanding Natural several policy measures to enhance the utilization of National Gas Grid T capacity. The CNG & PNG penetration Gas Footprints in Indian Economy” exploration & production of oil and gas on August 21, 2020. The objective of in the country. He further spoke about across the nation, including tier three the webinar was to bring together all the natural Gas pipeline network in towns, will take us closer towards relevant stakeholders of natural gas India and said that developmental cleaner India and increase the share of value chain. work on national gas grid is being gas to 15% in the energy mix of India in the years to come. Talking about tax Mr. Rajeev Mathur, Chairman carried out aggressively. He also reforms, he said that staying within PHDCCI Hydrocarbon Committee and projected details about the use of VAT and non-inclusion in GST has Executive Director Corp Affairs/AM Natural Gas in various sectors like made LNG an expensive fuel to use GAIL delivered the welcome address power, fertilizer, transport and CGD. and consume. He concluded by stating and Industry Perspective. Mr. Mathur He concluded that expansion of gas that Government of India is making all reiterated the need for Energy in the infrastructure and offering affordable possible efforts to reduce the carbon Indian Economy. He also talked about supply will be the key to unlock the footprints in the country using LNG the various City Gas projects and gas demand in India. in long distance transport that can the need to rationalize gas pipeline Mr. V.K Mishra, Director Finance address environmental concerns of tariff structure for improving the Petronet LNG gave a comparative the nation and also result in 25 % saving affordability of gas across the country analysis of Natural Gas Consumption in cost of fuel as compared to diesel. and for attracting investments into in the country. He further talked about the gas infrastructure. He called for the key enablers for moving India to a Mr. Pawan Tibrawala, Co-chairman bringing Natural Gas under the ambit gas based economy starting with LNG PHDCCI Hydrocarbon Committee of GST which would also help in Regasification Infrastructure, CGD, delivered the formal vote- of –thanks driving investments and in increasing various Taxation reforms, Revival of to the guests. the share of Natural Gas in the overall the stranded gas based power plants, The session was moderated by energy basket. LNG – LCNG – Long HAUL, etc . Dr Ranjeet Mehta, Principal Director Mr. E.S Ranganathan, Director Talking about infrastructure, he PHDCCI. The webinar was supported Marketing GAIL in his keynote address mentioned that connectivity of the by SAGE and was attended by various talked about various Government terminals with the national gas grid stake holders of the Industry.

82 PHD Chamber Bulletin | September - November 2020 CAW

Panel Discussion on Contentious Indirect Tax Judgments: Roadmap for Industry

he Indirect Taxes Committee of shall not lapse. The CGST Act itself Recycling Association of India Versus PHD Chamber organized a Panel provides for the lapsing of the ITC at Union of India & 2 Other (S)-Gujarat TDiscussion on ‘Contentious Sections 17(4) and 18(4) respectively. High Court is on the constitutional Indirect Tax Judgements: Roadmap Thus, where the legislature wanted validity of the intermediary provision for Industry’ on August 26, 2020. the ITC to lapse, it has been expressly and not on service provisioning by The objective of the webinar was to provided for in the Act itself. No service provider to service recipient. impart greater clarity on the various inherent power can be inferred from The decision of the court will have conflicting High Court/ Tribunal the provision of Section 54(3) of the a large impact on the companies judgments under the GST laws. CGST Act empowering the Central treating intermediary services as Mr. J K Mittal, Advocate in his Government to provide for the lapsing export of services. The rationale presentation talked about the of the unutilized ITC accumulated on laid down by the Hon’ble High Court Inverted duty structure under GST. account of the rate of tax on inputs is correct so far as the question of He apprised that Explanation (a) to being higher than the rate of tax constituently is concerned. Rule 89(5) which denies the refund on output supplies (inverted rate Mr. N K Gupta, Chairman, Indirect of “unutilized input tax” paid on structure). By prescribing for lapsing Tax Committee, PHD Chamber in “input services” as part of “input tax of ITC, the Notification No.05/2017-C.T. his theme presentation discussed credit” accumulated on account of (Rate) dated 28.06.2017, as amended the debatable judgments under inverted duty structure is ultra vires by Notification No.20/2018-C.T. (Rate) GST. He explained the transition of the provision of Section 54(3) of the dated 26.07.2018, has exceeded the CENVAT credit in the GST regime and CGST Act, 2017. Citing the case law power delegated under Section 54(3) mentioned that there has to be a of VKC FOOTSTEPS INDIA PVT. LTD. (ii) of the CGST Act. rationale forthcoming and, in absence versus UNION OF INDIA & 2 other(s)- Mr. Sanjay Aggarwal, Senior thereof, it would be violative of Article GUJARAT HIGH COURT, he mentioned Vice President, PHD Chamber in 14 of the Constitution. Further, the that the Hon’ble High Court did not his welcome remarks stated that CENVAT credit which stood accrued comment upon the proviso to section the Government’s commitment in and vested is the property of the 54(3) which clearly restricts the resolving the industry disputes and assessee, and is a constitutional right refund of unutilized input tax credit facilitating ease of compliance can under Article 300A of the Constitution. to ‘inputs’ only . He stated that if be seen in the Finance Ministry’s The same cannot be taken away rationale laid down in this judgement recent step whereby it has exempted merely by way of delegated legislation attains finality and is not challenged businesses with an annual turnover by framing rules, without there being then it will not be wrong to say that of upto Rs. 40 lakh from GST from any overarching provision in the GST refund of ITC relating to capital goods the earlier limit of Rs. 20 lakh. He Act. used in inverted duty structure may be accentuated that a simplified tax Dr Gaurav Gupta, Co-chairman, admissible. He further added that the regime is the need of hour to reduce Indirect Taxes Committee, PHDCCI revised refund application can be filed litigation pertaining to tax matters. . mentioned that there a lot of issues pursuant to issuance of deficiency Mr. Bimal Jain, Mentor, Indirect which need to be addressed by memo in GST RFD-03. Taxes Committee, PHD Chamber the Government for the benefit of Mr. B L Narasimhan, Principal discussed whether the provisions taxpayers. Partner, Lakshmikumaran Sridharan of Section 13(8) (b) r.w.s. 2(13) and The session was moderated by Dr said that input tax credit of notified 8(1) of the IGST Act, 2017 are ultra S P Sharma, Chief Economist, PHDCCI. goods which remains unutilized on vires and unconstitutional or not? He account of inverted duty structure said verdict in the matter of Material

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Leadership Talk Series with Mr. Ashok Kajaria, CMD, Kajaria Ceramics Limited and Former President, PHDCCI

he Young Business Leaders Dr D K Aggarwal, President, PHD collaboration with a prominent Forum (YBLF) of PHDCCI Chamber in his address welcomed all company in Spain. He mentioned that Torganized Leadership Talk the dignitaries and touched upon the the first and foremost challenge for Series. Mr. Ashok Kajaria, CMD, various contributions made by Mr. the company was to offer a product Kajaria Ceramics Limited and Ashok Kajaria for the growth of PHD which was different than the products Former President, PHD Chamber on Chamber during his tenure as the already present in the market. He September 25, 2020. President of the Chamber. Mr. Kajaria also mentioned about the instances Mr. Ashok Kajaria started his answered number of questions, which helped the company earn session by quoting that “the journey regarding the journey of Kajaira huge profits with a new product i.e. of Kajaria Ceramics has just begun Ceramics Limited which were curated bigger sized tiles than the others. and it has a long way to go as it is and moderated by Ms. Aditi Pasari, He narrated how gradually in the being driven by highly professional Chairperson, YBLF. year 1995, his company crossed the and efficient individuals under the On being asked about his journey turnover of Rs 100 Crore. He said that leadership of his sons”. as an Entrepreneur and the growth today the company has also entered the bathware and woodply segments Mentioning about his style of of Kajaria Ceramics Ltd., he began of the market. He mentioned that his operation, he stated that “I believe by mentioning about the birth of company has always kept his dealers in total delegation of work. Find the the current largest manufacturer of satisfied through award ceremonies in right people, trust them and delegate vitrified tiles in India which happened India and abroad. He also mentioned the work to them in totality without in the 1980s with the support of about how he has ensured employee controlling them”. his friends in the Gulf and with satisfaction in his organization. He

84 PHD Chamber Bulletin | September - November 2020 CAW concluded by commending the efforts being humble, smiling and taking Mr. Gopal Jiwarajka, Past President, of his sons who are currently driving care of the human resources of the PHD Chamber thanking Mr. Kajaira the company and the immense support organization are the key to succeed in for being his mentor at the Chamber, provided by his wife throughout. life and business and Mr. Ashok Kajaria highlighted that Mr. Kajaria never tries He quoted that Covid Times have is the best example who possesses all to portray himself bigger than anyone come up as an opportunity despite these qualities. else, he is always humble. being challenging. Sharing an instance Dr Ashok Khanna congratulated The Q & A Session was conducted of one of his dealers, he said that and appreciated the hard work of Mr. which was followed by Mr. Salil Gupta today if there are only 4-5 people Ashok Kajaria which has led to the highlighting the key learnings from who are visiting their showrooms in progress and phenomenal growth of the session for the Young Business a day, it is more beneficial than earlier his company. Leaders. when more people used to visit the Mr. Sanjay Bhatia, Past President, The webinar concluded with a showroom because all of them are PHD Chamber also proudly mentioned formal vote-of-thanks by Mr. Sanjay serious buyers and visit the store with about the fact that he was the one Aggarwal, Senior Vice President, an intention to make a purchase. who inducted Mr. Kajaria as the Vice PHDCCI. He highlighted that Mr. He also expressed his keen interest President in the Chamber. Mr. Sandip Kajaria not only transformed the in cricket, swimming and yoga as well. Somany, Past President, PHD Chamber Chamber with the hard infrastructure He said that companies like Asian mentioned that he was honored but he also supported it with some Paints, Bajaj Auto and Havells have to be the Vice President during Mr. changes in the soft form. He said that been the three positive benchmarks Kajaria’s tenure as the President of the Mr. Kajaria was the one who converted for him personally. He mentioned that Chamber and shared that Mr. Kajaria the approach of the Chamber to regularly monitoring the performance is a person who is always smiling and more focused and instilled a sense of numbers of your organization is the spreads positivity. He also said that responsibility and accountability in the winning formula. Mr. Kajaria is a leader in a true sense employees of the Chamber. Mr. Pradeep Multani, Vice as he never asks a person to stretch President, PHD Chamber shared that he rather encourages them to stretch.

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Interactive Session on creating a Sister City In America - Transporting India’s Culture, Traditions And Technology through an EB-5 Regional Center

he International Affairs & Trade Fair aggressive in equity investment with interest rate, equity in operating TCommittee, PHDCCI, organized 72 per cent willing to invest in this asset companies, seat in the board of an interactive session on “Creating a class compared to the global average directors, management role, equity Sister City in America - Transporting of 29 per cent and for many wealthy in the EB 5 Regional Center and US India’s Culture, Traditions and Indian citizens’, US citizenship is often citizenship. He also gave an executive Technology through an EB-5 Regional an attractive option. Whereas Asia overview on Retire- Rite LLC which has Center” on August 14, 2020. is quickly closing the gap on Europe been formed as a benefit management and it is predicted that by 2024, it will firm to provide affordable, high quality Mr. Pradeep Multani, Vice be the world’s second-largest wealth health benefits and solutions. President, PHDCCI while welcoming hub, with forecast five-year growth of Mr. Saurabh Sanyal, Secretary the participants mentioned that India- 44 per cent. General, PHDCCI delivered the U.S. partnership has its foundation Mr. Steve Gervasio, Managing formal vote-of-thanks and advised in common values, including the rule Director, ALED Partners mentioned investors to practice due diligence of law and democratic principles that the vision and goal of the Aled before making any decision regarding and United States and India share Partners, an EB-5 Regional Centre is taking up any residency or citizenship common interests in promoting to create 450 permanent jobs over the program. global security, stability and economic next 15 years in technology, building prosperity through trade, investment The webinar was sponsored by materials and hospitality changing and connectivity. ALED Partners and was moderated by the demographics of cities, creating a Mr. Naveen Seth, Principal Director, He also mentioned amongst top sister City. He mentioned that all the PHDCCI. asset classes, Indian UHNWIs are most EB-5 investors will receive an annual

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Enhancing Cooperation For MSMEs in Nepal

HD Chamber under the aegis Representative, Indian Embassy in Mr. Anil Khaitan, Former President, of its India-Nepal Centre Nepal. He highlighted many importers PHDCCI presented a global overview Pand in association with the in India are dependent on exports about the effect of the pandemic Confederation of Nepalese Industries from Nepal, making it a two-way flow on the economy and the required (CNI), Nepal SBI Bank Ltd (NSBL) of commodities between India and response to mitigate the challenges organized a webinar on “Enhancing Nepal. He added that localized trade being faced by MSMEs. He added that Cooperation for MSMEs in Nepal” on is happening at a fast pace that shows the MSMEs need a clear definition that August 31, 2020. the immense networking and supply will be immensely helpful for letting Chief Guest & Keynote Speaker, chain management development them avail the market conditions Mr. Maha Prasad Adhikari, Governor, between India and Nepal. efficiently. Nepal Rastra Bank (NRB) described the Mr. Anukool Bhatnagar, MD & CEO, Amb Mr. K V Rajan, Chairman, MSME sector as the growth engine of NSBL in his presentation, reflected India-Nepal Centre, PHDCCI & India’s Nepal’s economy. Highlighting on the the financer’s perspectives of MSMEs Former Ambassador to Nepal and Mr. recent policy measures, he assured in Nepal. While the credit gap is still Nirvana Chaudhary, Chairman, India- the industry that Nepal’s MSMEs there, Nepal has evolved as a country Nepal Centre (Nepal), VP, CNI & MD, can partner for registering positive with robust ecosystem for the old and Chaudhary Group chaired the Session. outcomes. new businesses. Mr. Saurabh Sanyal, Secretary General, Guest of Honour, Mr. Sushil Dr D K Aggarwal, President, PHDCCI delivered the vote-of-thanks Bhatta, CEO, Investment Board PHDCCI shared India’s unique and to the guests. Nepal highlighted the importance of deep relationship with Nepal. He Other key participants were MSMEs for Nepal’s economy and job called for an enduring partnership Mr. Madhav Lal, Former Secretary, creation. He stressed on the need among the MSMEs of both sides with Ministry of MSME, Government of for creating awareness in MSMEs for PHDCCI as the National Apex Chamber India; Mr. Ashutosh Bharadwaj, MD, skill development, entrepreneurial of India along with its partner CNI Noveau Manufacturing Pvt Ltd; Ms. advancement, innovative practices providing the much needed platform. Praveena Kala, Director, Paramount and new technology to give them Mr. Sanjay Aggarwal, Senior Cables Pvt Ltd & Former CGM-SBI; a competitive edge at regional and Vice President, PHDCCI said that it is Dr Binod Atreya, MD, BFIN; Mr. Atul global platforms. high time that MSMEs be given their K Thakur, Nodal Coordinator, India- “In the recent past, trade between space as COVID-19 has made a firm Nepal Centre, PHDCCI and Mr. Aditya India and Nepal reached around 85% ground for strengthening bilateral Tripathi, Joint Secretary, PHDCCI. peak of pre-Covid times both in terms of relations between India and Nepal exports and imports”, mentioned Mr. and businesses can play pivotal roles Kapidhwaja Pratap Singh, Commercial in economic rebounding.

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Virtual Global Residency and Citizenship Expo (GRACE) & Global Residency Expo & Conference

he International Affairs and Trade Fairs Division organized Ta Virtual Global Residency and Citizenship Expo (GRACE) & Global Residency Expo & Conference, August 18-19, 2020 on its virtual platform www.phdccivirtualmeet. com. The expo witnessed a footfall of approximately 550 trade visitors on day one. The inaugural session of the Expo was held on August 18, 2020 followed by two panel discussions focusing on the EB5 visa regime of USA and on citizenship based investment opportunities in Global Real Estate. Mr. Vivek Agarwala, Chairman, International Affairs Committee for Africa, PHDCCI highlighted that the Global Residency & Citizenship Expo- cum-Conference was a dynamic platform offering various alternatives of citizenship and residency across the world to High Network Worth Indian Residents. It aims to bring together Global Residency & Citizenship Chairman, Davies & Associates LLC Residency. Mr. Prashant Ajmera, consultants, legal consultants, as the moderator while Mr. Matt Immigration Lawyer, Ajmera government bodies, property Hogan, Vice President of Project Law Group moderated the panel developers and other stakeholders Development, CMB Regional Centers discussion. Mr. Mohammed Asaria, under one roof to cater to the ever and Mr. Sebastian A. Stubbe, CEO, Managing Director & Founder, Range growing demand of potential Indian Pine State Regional Center were the Developments; Ms. Leena Motwani, immigrants. panellists. Associate Vice President, Arton The first panel discussion on EB5 The second panel discussion Capital; Mr. Mike Sarimsakci, CEO & visa program had Mr. Mark Davies, focused on Global Citizenship and Chairman, Alterra Citizen and Mr. Zaid

88 PHD Chamber Bulletin | September - November 2020 CAW

Al Hindi, Partner, Passport Legacy were the panellists. Mr. Vikram Gera, Co-chairman, International Affairs Committee for Europe & CIS, PHDCCI, delivered the formal vote-of-thanks to the dignitaries & sponsors for supporting and gracing the Expo and Conference. The two days of the Expo witnessed a footfall of approximately 1890 trade visitors. The International Affairs Committee and Trade Fair Division, PHDCCI as part of GRACE & GRE 2020 organized a webinar on ‘IRELAND - The Ideal Immigration Choice’ on August 19, 2020. Mr. Vikram Gera, Co-chairman, International Affairs Committee for Europe & CIS, PHDCCI said that Ireland is a highly globalised economy, with a well-established FDI sector generating significant exports across business sectors and it also enables free access to the European Union. Ireland is not just a favourite destination for Indians to travel but it is fast becoming a favourite destination for studies and settlement services. Its development projects Ms. Mona Jalota, Founding Principal, by Indians. It is home to many of the have six key business divisions that Krypton Global Investments; Mr. world’s leading high-performance include: healthcare, social housing, Syed Irshad Rahman, Head Of Sales, companies, for various reasons private housing, commercial real Damac Properties Dubai; Mr. Yiannis including tax savings, medical and estate, shared housing and renewable Pierides, Business Development health, accountancy, academics and energy. Manager -Overseas, Leptos Estate; marketing are also attractive. The Mr. Hartshorn apprised about Mr. Yudhi Mapara, Managing Director, start-up ecosystem is also witnessing The Immigrant Investor Programme NPI GROUP (Silversea House Co Ltd good growth. India occupied third slot or IIP which offers secure residency Thailand) and Mr. Nicholas Spencer, with 665 Indians acquiring citizenship status in Ireland, through an approved Business Development Manager, which comprised 8 percent of the investment. It is fast becoming one Berkley Group. total. Indians occupy the top slot and of the largest providers of Social Besides this, individual are also the largest beneficiaries of Housing in Ireland and is developing presentations were given by Mr. Marc various visas allotted in 2018. They new high quality, custom built homes Von Grundherr, Director, Benham and constitute the second largest group of to be leased by local authorities. It’s a Reeves; Mr. Sahil Kapoor, National non-EEA registered nationals. unique business model which supports Head - Franchisee at 360 Realtors LLP Mr. James Hartshorn, CEO and client throughout their investment and Mr. Anupam Saxena, Associate Co-Founder, Bartra Wealth Advisors and immigration journey, from Dean and Director, RICS School of highlighted that Ireland is also one of immigration advisory and government Built Environment. the most open economies in the world backed IIP projects through to exit Mr. Naveen Seth, Principal with a large and vibrant international executions. Director, PHDCCI delivered the formal business sector because of openness On day two, an interactive session vote- of- thanks to the dignitaries and to rapid developing economy, on – ‘Challenges and Opportunities for the exhibitors for their support and competitive taxation rates, emerald International Real Estate Investments participation in the virtual expo and isle and top- tier education. He Post Covid -19’ was organized on the conference. mentioned that Bartra Wealth Advisors side-lines of the Expo. The overall session was moderated is the leading property developer in The panellists for the session were by Mr. Naveen Seth, Principal Director, Ireland which provides independent Ms. Shveta Jain, Managing Director, PHDCCI. Irish Immigration investment advisory Residential Services, Savills India;

PHD Chamber Bulletin | September - November 2020 89 90 PHD Chamber Bulletin | September - November 2020 manufacturing and services. She underlined that improved healthcare Future Healthcare services by use of technology will ensure better returns to the investors. Presenting the Investors Driving Investments Perspective, Mr. Jitin Talwar, Founder, TT Consultants informed healthcare in Healthcare through technology is multi-dimensional and future Healthcare in India will be digital and start-ups will have great Technology & Innovation prospects in this sector. Ms. Kalika Likhi, Associate, he Chandigarh Chapter of Zone stated that currently India relies Healthcare, Medical Devices & Western PHD Chamber organized a on imports for medical devices but Europe Facilitation Desk, Invest India Tvideo conference on ‘Future now the Government is committed in her presentation informed that Healthcare – Driving Investments in to strengthening the manufacturing Healthcare industry in India comprises Healthcare through Technology & ecosystem. ‘Atma Nirbhar’ Bharat of hospitals, medical devices, clinical Innovation’ on August 28, 2020. mission is providing an impetus to trials, outsourcing, telemedicine, In his opening remarks, Dr Anil K India’s vision of becoming a global medical tourism, health insurance and Gupta, Chairman, Regional Healthcare manufacturing hub for medical medical equipments. The industry is Committee, PHDCCI and Medical devices. Recent initiatives like the growing at a tremendous pace owing Superintendent, PGIMER, Chandigarh Production Linked Incentive Scheme to its strengthening coverage, services said that healthcare services in India (PLI) and Promotion of Medical and increasing expenditure by public have improved immensely and are Devices Parks Scheme have been as well as private players. cogently constructed to incentivize becoming increasingly tech-enabled. Mr. Madhu Sudan Vij, Chairman, Dr Gupta pointed out that COVID-19 has large-scale manufacturing and build the required infrastructure for Chandigarh Chapter, PHDCCI in his renewed focus towards improvement welcome address said that healthcare of overall health infrastructure and developing manufacturing clusters within India. He also informed that has become one of India’s largest strengthening of universal access sectors - both in terms of revenue and to affordable and good quality Medtech Zones have been established to provide ready infrastructure to employment. It comprises public and healthcare services across the world. private component. It is estimated It is now time for India to leverage manufacture medical devices at competitive rates. that healthcare market can increase its strong manufacturing base, three-fold to Rs 8.6 trillion by 2022. skilled manpower and supportive Giving the Policy Perspective, Dr government initiatives to grow the Gayatri Vyas Mahindroo, Principal Mr. Suvrat Khanna, Co-chairman, medical devices sector to support Advisor, NABH informed that the Chandigarh Chapter, PHDCCI domestic requirements and also cater National Accreditation Board of delivered the vote-of-thanks to the to the global healthcare needs. Hospitals and Healthcare Providers guests. The Session was well attended (NABH) is a constituent of QCI and by over 100 doctors and healthcare Dr Jitendar Sharma, Managing entrepreneurs. Director & CEO, Andhra Med Tech promotes better quality in healthcare

PHD Chamber Bulletin | September - November 2020 91 observed by SME IPOs. Sharing the industry perspective, Interactive Session Mr. Anil Khaitan, Former President and Mentor, PHD-MSME Mentoring & Guidance Centre urged the State on Raising Capital by Governments to participate in equity of SMEs and Startups. Sharing the success mantra, Mr. Khaitan Listing on SME Exchange mentioned that while entrepreneurs can delegate various company he Chandigarh Chapter & MSME listing of SMEs, Mr. Thakur informed responsibilities but they should have Guidance and Mentoring Center that for listing on BSE SME Exchange, full control on their finances. of PHD Chamber organized an the Post Issue Paid up Capital of the Mr. Saurabh Sanyal, Secretary T General, PHD Chamber explained that interactive session on ‘Raise Capital by company should not be more than Listing on SME Exchange’ to enlighten Rs. 25 crores, it should have positive PHDCCI offers support to its members SMEs regarding the opportunities net worth, its tangible assets should for availing benefits of various available on BSE SME Exchange for be Rs. 1.5 crores and it should have government schemes by offering legal raising funds on September 15, 2020. a track record of at least 3 years. He and advisory support and also helps Mr. Ajay Thakur, Head, SME & informed that post listing compliances in capacity building. The PHD-MSME Start-up, Bombay Stock Exchange have also been relaxed for SMEs. Mentoring & Guidance Centre helps said that BSE SME Exchange is a good Mr. Thakur further informed in registration on GeM Portal, Udyam platform for SMEs to raise funds that for listing of Startups, there is a Portal and listing on Stock Exchanges. for their growth and expansion. He separate platform. Startups in sectors He added that Virtual Incubation underlined that small companies get like IT, ITeS, biotechnology and life facilities are also offered by the big after listing on stock exchanges sciences can raise funds through Chamber that can help students and due to the huge benefits of listing like listing route on easy terms. entrepreneurs to acquaint themselves with various aspects of the business. increase in visibility and credibility. Mr. Madhu Sudan Vij, Chairman, He informed that during the last four Chandigarh Chapter, PHDCCI Dr H P Kumar, Former CMD, NSIC months almost 1.5 crore investors got delivered the welcome remarks and and Advisor, PHD Chamber informed registered on BSE Exchange as the stated that the session was organized that PHDCCI can guide the SMEs capital market is going up even during to facilitate MSMEs of the region with and help them in documentation for the covid pandemic. He shared that information on Criteria and Benefits of listing. while listing on main board involves a listing the company on SME Exchange, Mr. Suvrat Khanna, Co-chairman, number of strict compliances issued by raising company’s public profile Chandigarh Chapter, PHDCCI delivered SEBI but the rules have been relaxed with customers, suppliers, investors, the vote-of-thanks to the esteemed for SMEs and lesser compliances are financial institutions and the media, guests. The session was well attended required for listing on SME Exchange. providing continuing liquidity to by over 100 entrepreneurs. Explaining the eligibility criteria for the shareholders and recent trends

92 PHD Chamber Bulletin | September - November 2020 subsidy for purchase of machinery like reversible plough, happy seeders, Conference on Crop zero–till-drills and straw reaper, for managing the crop residues. Custom Hiring Centres have been established Residue Management in Haryana to provide facility of hiring of farm machinery to small and marginal farmers for crop residue he Haryana State Chapter of increased. As a result, huge amount of management but lack of information PHDCCI organized a video crop residue like stalks, straw, etc are and high cost of hiring are hurdles in Tconference on ‘Crop Residue left in the fields. The management of effective management of crop residue. Management’ on September 11, this crop residue is a major challenge He suggested that to encourage 2020. The objective of the program as it involves huge cost and time. farmers to adopt crop management was to apprise Farmers regarding Consequently, only 10 percent of the procedures, it is important to provide the sustainable growth in agriculture farmers in the developed states of training on field demonstration and schemes of Haryana Agriculture agriculture are managing the residue of machines by manufacturers, Department for Crop Residue while others resort to burning the interaction with various farmer Management. crop residue. The poisonous gas associations and providing farm Mr. Bhushan Goel, Chairman, generated by burning crop residue not machinery on hire basis at reasonable Agriculture Committee, Haryana, only destroys soil nutrients but also rates. PHDCCI said that burning of crop affects human health. Mr. Lalit Kumar, Head R&D, Beri residue has a hazardous impact on Dr Randhir Singh, Additional Udyog Ltd. made a presentation about the quality of air and we witness this Director General, ICAR mentioned the various agricultural machinery and phenomenon in northern India every that the target of doubling farmers’ equipments manufactured by their year during the winters. Therefore, income can be achieved by effective company. He mentioned that two there is an urgent need to curb crop residue management and it can types of machines are available for this menace by working out a long- play an increasingly significant role in crop residue management. Machines term resolution for crop residue sustainable agricultural development. like super seeder, reversible MB management. He informed that due to efforts of Plough help in incorporating the Welcoming the speakers and the Central and State Governments, crop residue in soil in situ. For ex situ participants, Mr. Mohit Jain, the air pollution caused by burning of management, machines like bailers, Chairman, Haryana State Chapter, crop residue has decreased by 50% in hay rack and rotary slashers can be PHDCCI mentioned that the use of Punjab and 60% in Haryana. used to remove the crop residue from combine harvesters for harvesting has He informed that farmers get the fields that can be used as fuel, fodder etc.

PHD Chamber Bulletin | September - November 2020 93 Mr. Sunil Dhingra, Associate Director, Agriculture and Farmers under the scheme of ‘mera pani meri Director, The Energy and Resource Welfare Department, Haryana virasat’, an incentive of Rs. 7000 per Institute mentioned that while 74% informed that Haryana Government acre is paid for growing non-Basmati of the crop residue is consumed as is providing subsidy for crop residue and Muchal variety of Basmati. composting material, fodders etc. the management machinery. These Thanking the speakers and remaining 26% bio mass is burnt and machines help farmers in mixing crop participants, Mr. Ravi Beri, Co- its management is a major challenge. residue with soil to make it more chairman, Agriculture Committee, He added that this crop residue can productive. Farmer groups are being Haryana, PHDCCI appealed to the be used as coal replacement in power provided financial assistance for farmers not to burn crop residue, plants, in pulp and paper industry, establishing Farm Machinery Banks thereby helping protect human health brick kilns, boilers, etc. This can also be for Custom Hiring of crop residue and environment. Over 60 Farmers used for gasification and production management machinery. He added from various districts of Haryana of bio fuel but all this requires huge that an incentive of Rs. 1000 per acre is participated and benefitted from the investments and effective policies. being given for on field management program. Er. Jagmander Singh Nain, Joint of crop residue. He also informed that

94 PHD Chamber Bulletin | September - November 2020 The Future of Pharma Industry

he Haryana State Chapter India’s pharmaceutical industry are Mr. Sikri stressed that transparency, of PHD Chamber organized sourced from China. To make India ease of doing business, location of all Ta video conference on ‘The Atmanirbhar, it is important to reduce concerned offices in the park, single Future of Pharma Industry’ on dependence on China for APIs and window system and deemed approval, September 18, 2020. Key Speakers other materials. He appreciated the competitive land cost, etc will go a included Mr. A K Singh, IAS, Principal Haryana Government’s move to boost long way in success of the proposed Secretary, Industries and Commerce, the Pharmaceutical Sector in the State Pharmaceutical Parks in Haryana. Government of Haryana; Mr. Anurag by launching a dedicated Haryana Mr. N K Ahuja, Haryana State Aggarwal, IAS, MD, HSIIDC; Mr. Pharmaceutical Policy 2019. Drug Controller listed a number Navdeep Rinwa, IAS, Joint Secretary, Mr. Sham Singla, Chairman, of advantages for setting up of Dept. of Pharmaceutical and Mr. N K Haryana Pharma Committee, PHDCCI Pharmaceutical Parks including the Ahuja, Haryana State Drug Controller. mentioned that COVID-19 crisis has Pharma Policy of Haryana which has Mr. Pranav Gupta, Immediate provided an opportunity to Indian been drafted in consultation with all Former Chairman, Haryana State pharmaceutical industry to show stakeholders and proximity of Karnal Chapter, PHDCCI in his opening its strength and play an important and Panipat to the national capital. remarks said that India enjoys an role in global healthcare. He added Mr. Navdeep Rinwa, IAS, Joint important position in the world that the upcoming Pharma cluster in Secretary, Dept. of Pharmaceuticals in pharmaceuticals sector and is Karnal and API Park in Panipat would stated that as China is able to produce the largest provider of generic go a long way in making Haryana a economically because of high scale of drugs globally. The Government preferred Pharma Hub. production, therefore, to make Indian of India is providing huge support Mr. B R Sikri, Vice President, Bulk Industry competitive, GOI is giving to pharmaceutical industry and the Drugs Manufacturers Association of preference to high scale and high country will soon emerge as a global India in his theme address mentioned quality manufacturing. He informed leader in this sector. that the future of pharma industry that the Government of India has Welcoming the eminent speakers in India is great but to fully exploit approved four schemes, two each and participants, Mr. Mohit Jain, this potential, focus is required on for bulk drugs and medical devices Chairman, Haryana State Chapter Government-Industry-Academia parks. He exhorted the industry and PHDCCI stated that an estimated collaboration, reduction in Regulatory the States to come forward and 70 per cent of API requirements of System, Skill development and participate in these schemes. improvement in education system.

PHD Chamber Bulletin | September - November 2020 95 Mr. Rinwa said that Pharma is one Government of Haryana informed that three sides providing access to nearly of the ‘champion sectors’ identified there is a big scope for pharmaceutical 11 percent of the domestic market. It by the Government of India for industry in Haryana as the State has has excellent road and air connectivity providing hand-holding to investors an attractive industrial policy which is because 15 national highways are for improving manufacturing titled Enterprise Promotion Policy. He present in Haryana with four of them capabilities in the country. He said said that the policy will now lay stress passing through Delhi-NCR region and that the Production Linked Incentive on employment also. has international airports in its vicinity (PLI) schemes for promoting domestic Mr. Anurag Aggarwal, IAS, MD, at Delhi and Chandigarh. manufacturing of KSMs, DIs and APIs HSIIDC informed that Haryana will Thanking the speakers and and medical devices will go a long way bid for the Pharmaceutical Parks with participants, Mr. Ashutosh Jain, Co- in boosting domestic manufacturing full force and put forward the best chairman, Haryana State Chapter of 53 bulk drugs for which India is proposals. He said that Haryana is ideal PHDCCI delivered the vote-of-thanks critically dependent on imports. for setting up of the Pharmaceutical to the esteemed guests. Mr. A K Singh, IAS, Principal Parks due to its strategic advantage Secretary, Industries and Commerce, as Haryana surrounds Delhi from

96 PHD Chamber Bulletin | September - November 2020 would benefit all. He also stressed on focussing on the positives in life and making your own decisions and standing by them. Ms. Megha Tata, Managing Director, South Asia, Discovery shared her personal experience of how spirituality has influenced her life and made her the person she is today. She also stressed on how inner engineering is important. Always seeing positive in everything is necessary and whatever path we choose, should always be aligned with our mind, body and soul, she further added. Mr. Rajat Banerji , Vice President, Corporate Affairs Head, Amway India Enterprise Pvt. Ltd. also shared his experience as to how Vipassana helped him overcome some problems in life and bounce back. In these times of the pandemic, besides taking the precautions, meditation and pranayama have helped to become calm and strong. He also added that being spiritually awakened can help tackle difficult situations. Mr. S.P.S Jaggi, Director, the Shipping Corporation of India Ltd. described spirituality as having a Focus on Wellness: conversation with oneself and looking into your soul. He also added that all the things ingrained in us since Spirituality-Path of childhood, become a beacon for us to tide through tough times. That is why never compromising on core Self-reliance values is the key. He also underlined that one should have a personal vision statement and follow it regularly. he Jharkhand State Chapter these difficult times is necessary for Mr. Vishal Chaudhary, Chairman, of PHDCCI organized a Virtual our mind, body and soul. She also Jharkhand State Chapter, PHDCCI National Conference on ‘Focus mentioned as to how it is important T delivered the concluding remarks on Wellness: Spirituality-Path of Self- to re-invent ourselves and think about while Mr. Saurabh Sanyal, Secretary reliance’ on September 11, 2020. only good things. She stressed the General, PHDCCI delivered the formal need to practice self-care and yoga to Dr. Aruna Oswal Chairperson, vote- of –thanks to the panellists. Women Entrepreneurs Committee, take care of ourselves. The webinar was moderated by Dr PHDCCI in her welcome remarks Mr. Pradeep Multani, Vice Yogesh Srivastav, Principal Director, spoke about how staying positive in President, PHDCCI spoke about how PHDCCI and sponsored by Amway. we need a healthy workplace which

PHD Chamber Bulletin | September - November 2020 97 Procedure for Availing Benefits of Government Schemes and Alternate Source of Financing for MSMEs

he Kashmir Chapter of PHD Guidance Center headed by Mr. Anil Kashmir region as their problems are Chamber organized a Virtual Khaitan and Dr HP Kumar for providing not linked with COVID-19. TConference on “Procedure complete handholding to the aspiring Mr. Anil Khaitan, Former President, for Availing Benefits of Government and existing entrepreneurs. He PHDCCI & Mentor MSME Mentoring Schemes and Alternate Source of emphasized that we should vouch & Guidance Centre, PHDCCI gave the Financing for MSMEs” on August 12, for a special economic package for industry perspective. He stated that 2020. MSMEs of J&K as they are in a state of nowadays MSMEs and Entrepreneurs The objective of this Webinar was Lockdown since 2019. look for other source of finance for the to provide awareness on Government Mr. Mushtaq Ahmad Chaya, projects and lack of access to finance schemes and alternate sources of Mentor PHDCCI-Kashmir threw is the most widely cited constrain for funding and how to avail benefits from light on the sectoral issues faced by MSMEs. He said that for their growth, the same. The interactive webinar the Tourism Industry, specifically in we should consider subsidized interest also aimed to inform about the role the Hospitality sector for availing rates, Credit Insurance, Collateral free of MSME Mentoring and Guidance various Government incentives and Loans, and Separate Stock Exchange Center of PHDCCI in providing registration of Hotels under MSMEs. for MSMEs. The emerging channel in guidance and hand holding MSMEs. Mr Chaya said that the schemes financial intermediation is alternative In his welcome address, Mr announced under Atma Nirbhar finance which is considered outside Baldev Singh Raina, Chairman, bharat or the Rs 3 lakh Crore for the conventional banking system and Kashmir Chapter & MD, Peaks Group MSME will not serve any purpose for mostly this finance is technology driven of Companies appreciated the team the tourism sector and he impressed and it comes from fintech companies, of PHDCCI MSME Mentoring and upon that there is a need of Special Crowd funding, Peer-to-Peer lending economic bailout package for the which enables individuals to obtain

98 PHD Chamber Bulletin | September - November 2020 loans directly from other individuals, Advisor, PHDCCI discussed about the under Udyam portal as this is the cutting out the financial institution as importance of PHD Chamber’s MSME prerequisite for availing any industrial the middleman, Matchmaker Model Mentoring & Guidance Centre in benefit. Mr Shah added that the of Financing in which entrepreneurs helping MSMEs avail all the necessary expeditious payment for pending grow their companies with virtually no services. Dr. Kumar emphasized on default payments of various MSMEs in external funding because there is no lack of awareness amongst MSMEs different departments will be released need to tie-up cash in large amounts of about Credit Facilities available from soon along with interest. inventory or assets He also mentioned Banks and other financial institutions Mr. Gowher Arif, General few important points about the Bank and the Government Schemes. He also Manager-J&K Development Finance Credit under Emergency Credit Line suggested a MoU needs to be signed Corporation (DFC) described the of Rs 3 Lakh Crores for MSMEs, for between PHDCCI & Bank of Baroda in role of his department in disbursing which hoteliers and other businesses order to facilitate credit facilities for incentives and financing the cases are also eligible and it was apprised to MSMEs. as NBFC. He also ensured that all the members that if banks create any Mr. Mehmood Ahmad Shah, circulars and guidelines for MSMEs hurdle for disbursing this Emergency Director Industries Kashmir in his issued by RBI will be implemented Credit, then that could be brought Special address said that though in DFC and assured the cases of to the notice of Finance Ministry this pandemic has jeopardized the entrepreneurs forwarded by PHDCCI Immediately through PHDCCI. Mr Economic system of the Nation will be processed on priority and will Khaitan suggested an immediate where the demand and supply both be resolved within the scheduled need for a Special Economic Revival have been affected but there are still timeframe. Package for J&K from Government of areas which can be worked upon in Ms. Mallika Verma, Director India. increasing the income part of the PHDCCI –J&K delivered the vote-of- Mr. Saurabh Sanyal, Secretary enterprises in order to re-stabilize the thanks to the dignitaries. General, PHDCCI highlighted the role Ecosystem. Mr Shah also explained The interactive session was of PHDCCI in promoting MSMEs and how the hospitality sector can get moderated by Ms. Kanchan Zutshi, apprised about the PHDCCI’s MSME their Units registered and avail the Secretary PHD Chamber MSME Mentoring & Guidance Centre. industrial benefits and incentives and Mentoring & Guidance Center. Dr H.P Kumar, Former CMD, NSIC & impressed upon all entrepreneurs to get their establishments registered

PHD Chamber Bulletin | September - November 2020 99 AC motors to achieve the energy efficiency through Verified Frequency Drive. Internet of Things (IoT) can be used for better forecast, low inventory and optimise use of system, explicated Mr. Mishra. Mr. P Shyam Sunder, Joint Director, Bureau of Energy Efficiency, Govt of India urged industry participants to adopt energy efficient solutions and earn the benefits of various Government schemes to incentivise those adopting these practices. Dr Surendra Bajpai, Executive Engineer, MP Urja Vikas Nigam Ltd briefed about various programs on Energy Conservation and Management in Industries. He informed that MPUVN has a team of certified and experienced Energy Auditors who provide services to industries. Apart from this, SDA has conducted a lot of Capacity building workshops on Demand Side Management (DSM), Energy Conservation Building Code (ECBC) and Energy Efficiency across the state, informed Dr Bajpai. He Energy Efficiency in apprised that Solar Pumps has increased the crop yield of farmers. MSMEs - Conservation & Mr. Manoj Modi, MD Nobel Corrugators Pvt. Ltd. while moderating the technical session said Innovative Approach that both energy auditors and energy consultants are important to industries in order to achieve better results in he Madhya Pradesh Chapter tube lights (20 W) and 71 lacs energy energy savings. He suggested that for of PHD Chamber organized a efficient fans (50 W) at a price of INR small units existing manpower should Twebinar on ‘Energy Efficiency 270 per piece and INR 950 per piece be trained to maintain the energy so in MSMEs-Conservation & Innovative with a warranty of 1 year and 2.5 years as to save the cost of maintenance Approach’ on September 21, 2020. respectively. engineer. He further added that there The objective of the webinar was to He opined that renewal energy is a need to regulate the EPC (engineer deliberate on Energy Conservation in can play a big role in achieving self procurement consultants) to get industries by adopting technologies reliant India. Solar pumps have better results for enhancing the roof and innovative ways. replaced costly and inefficient diesel solar plants in industries. Special Guest, Mr. Deepak Saxena, and electric ones because of which Other eminent speakers were Managing Director, MP Urja Vikas farmers have been able to get better Mr. Anil Kumar Choudhary, Head Nigam said cost of production can crop yield, remarked Mr. Saxena. Operations, EESL and Mr. Ajay be reduced in industries by using Mr. Rajesh Singhadia, Director Kumar Verma, Energy Consultant and innovative techniques and tools in Empirical Exergy Pvt. Ltd. and GM BHEL (Ret) who spoke about energy savings. Mr. Saxena, informed accredited energy auditor stressed the innovative approach in energy that MP Urja Vikas Nigam under the on availing 50001 ISO certificate by efficiency. aegis of Bureau of Energy Efficiency MSMEs. He emphasized that MSMEs Mr. Pradeep Karambelkar, India has taken various initiatives like should adopt Integration of solar Chairman, PHDCCI MP delivered the Ujala Scheme under which MPUVN energy and net metering policy in vote-of-thanks to all the dignitaries. Dr has distributed 1,75,60,233 Energy order to minimise the cost of energy. Yogesh Srivastav, Principal Director, Efficient LED bulbs (9 W) priced quite Mr. Ramakant Mishra, Senior PHDCCI moderated the inaugural lucratively at INR 70 per piece with 1 Product Manager, Crompton session of the webinar. year of replacement warranty. The Greaves Power Ltd. gave a detailed organization has also distributed LED presentation on automation in

100 PHD Chamber Bulletin | September - November 2020 tea growers. He also mentioned that many Small Tea Growers have opened Block Chain Tech in mini manufacturing units/factories and the Tea Board has come up with a gazette notification to regularise Agro Based Industry these units/factories. Dr M. Ariz Ahammed, IAS, Principal Secretary, Department of Public and Supply Chain Enterprises, Govt. of Assam & Office of the Chief Secretary, Assam and n e-Conclave was organized Mr. Manoj Kr. Das, Managing Former Managing Director, National by PHDCCI NER in association Director, NERAMAC and Chairman, Horticulture Board, in his inaugural with North Eastern Regional PHDCCI NER Committee, spoke on address thanked the PHD Chamber for A organizing this webinar and creating Agricultural Marketing Corporation how block chain is very important Ltd (NERAMAC), Tea Board of India for a region like the North East India, awareness on Block Chain technology and JBF (India) Trust on “Block Chain where agriculture is the major sector. and the services rendered by it. He Tech in Agro based Industry and Supply He stated that advancement in stated that the block chain will prove Chain” on September 21, 2020. The technology in every sector, not only in to be a very valuable technology in the objective was to improve the supply agriculture, is always welcome. near future. chain of agricultural products within Mr. Dharmendra Das, Deputy Mr. Sunoor Kaul, Co-Founder and and outside NER and supply inputs Director, Spices Board, gave a Director, Origo Commodities gave a for the development of horticulture presentation depicting the functions detailed presentation on the “Agri- and agro-based industries; Increase of the Spice Board and a brief Commodities Trade Facilitation on potential for start-ups in agricultural overview of the Spice market of the Blockchain”. sector and disseminate information North Eastern Region. He stated that Mr. Surinder Kalra, Director, to Agri-tech companies to fill the gap there are many technological gaps in MastercubeIoT LLP and Block Chain of water deficiency, poor soil and farming of the spices in the region and Expert gave a detailed presentation seed quality, lack of market access stressed the implementation of block on the “Convergence of IR 4.0 and IT and other factors hampering growth chain technology to bridge the gaps. 5.0 technologies like Blockchain, Big of agricultural productivity. The Mr. Dipankar Mukherjee, data, IoT, Data Analysis, AI and UN event was attended by Officials from Deputy Director, Tea Board of India SDGs into Agricultural Production and Government of Assam, NERAMAC, explained the role of the Tea Board Supply chain”. Tea Board of India, Spices Board of in development of the Tea Growers, Mr. Sumit Arora, Blockchain India, and Block Chain experts from especially the small Small Tea Growers Solutions Architect, gave a detailed India and Australia. (STGs) who are being provided with presentation on “Blockchain for Cross In his welcome address, Dr technological interventions to the Border Supply Chain- the Truth and Jatinder Singh, Director, PHDCCI Small Tea Growers (STGs) as they have Challenges”. while welcoming the panelists and lesser access to technology compared Mr. Manish Agarwalla, Co- the participants stated the objectives to Big Tea Growers (BTGs). He stated chairman, PHDCCI NER Committee, of organizing the webinar and how that the agro based block chain delivered the formal vote- of- thanks it is going to help the entrepreneurs technology will definitely benefit the to the guests. belonging to the agricultural sector. tea growers, especially, the small

PHD Chamber Bulletin | September - November 2020 101 is Rs. 1 lakh for domestic patent, Rs. 5 lakhs for foreign patenting and Rs. Importance of Intellectual 10,000 for trademark registration.

Property Rights for MSMEs Mr. Deepinder Dhillon, Joint Director, Startup Punjab, Govt. of and Startups Punjab said that Punjab Government is focusing on development of eco system for startups by providing ready he Punjab State Chapter in of Micro, Small & Medium Enterprises to use infrastructure. Incubation association with the Ministry in the States of Punjab, J&K and Delhi. Centres have been set up all over Tof MSMEs and Start-up Punjab The IPFC in Punjab, set up at Amritsar the State. He informed that STPI organized a video conference on would provide all IP related services Neuron has been setup at Mohali in “Importance of Intellectual Property like Trademarks, Patents, Copyrights, collaboration with Govt. of Punjab, Rights for MSMEs and Start-ups” on Designs and Geographical Indication, ISB-Mohali, PTU and Meity. Sector August 27, 2020 to educate MSMEs etc. specific incubation Centres have been and Start-ups about benefits of IP Mr. Satish Kumar, Asst. Director set up at Mohali and PAU, Ludhiana; and how protecting IPRs can enhance IPR, Ministry of MSME made a an Agri incubation Centre has also their competitiveness. detailed presentation about the role been established in Mohali leading to In his Introductory remarks, Dr of IPFCs and the support provided by products that will require IP. Ranjeet Mehta, Principal Director, their Department for IP Registration. Underlining the importance of PHDCCI said that PHD Intellectual He informed that IPFCs have been IPR, Adv. Geeta Gulati, Trade Marks Property Facilitation Centre (IPFC) at established across the country. & Patent Attorney explained that Amritsar will encourage Start-ups and Awareness seminars and training IPR has made Apple a 2 trillion dollar MSMEs in this region to protect their programs are being organized company. She explained that there ideas and innovations. He mentioned by these IPFCs to encourage are three forms of IPs. Trademark that initially Indian businesses were Startups and MSMEs to patent their covers name, logo and color, gives not very aggressive in filing IPRs and innovations. Mr. Kumar informed identity to the product and has trademarks but now as the IPR laws that IPFCs assist MSMEs / Startups territorial jurisdiction, Copyright refers are good, IP culture will develop in in idea generation & evaluation, to the way company’s logo & name is the country and foreigners will also be R&D business support, Innovation written and Design which is similar inspired to invest in India. Protection, Litigation support, to copyright comes into existence Mr. R S Sachdeva, Chairman, IPFC Management & commercialization when the copyright is given to the Amritsar & Mentor, Punjab State of IP, IP Portfolio Management, IPR manufacturer. She added that Patent Chapter, PHDCCI welcomed the Management and other legal support. can be done for a new invention only. Besides conducting case studies, the speakers and participants. He informed Adv. Gulati also explained that IP that PHDCCI has been assigned three MSME Ministry also extends financial support for Product Patenting which can be financially exploited in the form IP Facilitation Centres by the Ministry of franchise agreement, licensing and

102 PHD Chamber Bulletin | September - November 2020 royalty. She further explained that are good at innovations but are it at high price. As a result, such SME both civil and criminal remedies are reluctant to file for an IP. As a result manufacturers are not able to get available for protecting IPs. only 15 – 20% of Indian companies and proper returns for their products. She Dr Shweta Singh, Founder & universities file for IP. Out of the total urged MSMEs and Startups to protect CEO, Ennoble IP mentioned that IP applications filed in India, 80% are their research and innovation with IP growth is directly proportionate to received from foreign companies. and use IPR tools for their economic economic development of a country Giving examples, Dr. Singh development. as economically developed countries explained that branded companies Dr Ranjeet Mehta delivered have robust IP culture. She lamented source various parts for their products the vote-of-thanks to the eminent that MSMEs and Startups in India from SMEs at a very low cost and sell speakers and participants.

Industry Institute Linkages to Implement Dual System of Training

he Punjab State Chapter of said that under this scheme while amalgamation of theoretical training PHD Chamber in association industry gets an opportunity to train imparted through ITIs and practical Twith Department of Technical students according to their needs and training imparted through the Education & Industrial Training, Punjab ready skilled manpower, the students industry. This scheme will help to meet organized a session on “Industry benefit with hands-on training while the skilled workforce requirements Institute Linkages to implement Dual learning. of Industry in the State because on System of Training” through video Mr. Karan Gilhotra, Chairman, completion of training they will have conference on August 7, 2020. Punjab State Chapter, PHD Chamber required skills for employment in Chief Guest, Mr. Anurag Verma, offered the support of PHD Chamber industry. Mr. Bansal informed that IAS, Principal Secretary, Department to Industry and ITIs to bridge the skill the stipend paid to trainees under this of Technical Education & Industrial gap and facilitate open exchange of scheme is covered under CSR. Training, Punjab mentioned that “Dual talks to meet the skill shortage as well. The session was moderated by Mr. System of Training (DST) at ITIs is a Mr. Varinder Kumar Bansal, Deputy R S Sachdeva, Mentor, Punjab State win-win situation for both industry Director & Principal, Government Chapter, PHD Chamber. and students”. Mr. Verma further ITI, Patiala explained that DST is an

PHD Chamber Bulletin | September - November 2020 103 Navigating GST E-Invoicing Through Digital Platform

he Punjab State Chapter of system will help in improving sales an overhaul of related processes PHD Chamber in association reporting and compliance as supplies for a successful adaptation to the Twith Grant Thornton organized through invoices not authenticated newly envisaged requirement. He an interactive video conference on by GST Portal will be considered as an informed that their company, Grant ‘Navigating GST E-Invoicing through invalid invoice and will not qualify for Thornton India has developed a user Digital Platform’ on September 10, input tax at the buyer’s end. friendly software which will make the 2020. Mr. Krishan Arora, Partner, Grant compliance of e-invoicing very easy. Welcoming the Government’s Thornton India said that e-invoicing is Mr. Karan Kakkar, Associate move to make e-invoicing mandatory a big IT driven change in the system. Partner and Mr. Parikshit Jain, from October 1, 2020, Mr. R S He shared that under-reporting of Associate Director, Grant Thornton Sachdeva, Mentor, Punjab State sales has resulted in huge loss to India explained the various aspects Chapter, PHDCCI stated that this is a the Government. Therefore, the and working of the new software big move towards digitalization of the new system is being introduced developed by their company. They business and commerce landscape. It from October 1, 2020. He added that informed that their software can be is aimed at ensuring standardization, e-invoices reduce the risk of fraudulent integrated into the users existing ERP uniformity and interoperability across bills from a buyer’s perspective as the system or can be used externally. the GST ecosystem. He added that authenticity of e-invoices is validated Adv. Pawan K Pahwa said that e-invoicing will eliminate the tedious automatically. although initially, e-invoicing will be task of compilation of invoices at the Explaining the process of mandatory only for companies having end of a return period and also help in e-invoicing, Mr. Arora informed turnover of Rs. 500 crores and above curbing tax evasion. that E-invoicing is a system in which but shortly the Government intends to In his introductory remarks, Adv. B2B invoices are authenticated make it applicable to companies with Pawan K Pahwa, Chairman, Taxation electronically by GSTN for further turnover from Rs. 100-500 crores as Committee, Punjab State Chapter & use on the common GST portal well. Partner, Panacea Legal Services said between suppliers and buyers. Since More than 100 leading Industrialists that the mechanism of e-invoicing is every invoice has to be validated, participated and benefited from the being introduced in view of large-scale this necessitates the transformation programme. tax evasion. He added that the new of existing accounting ERPs and

104 PHD Chamber Bulletin | September - November 2020 Importance of Intellectual Property (IP) In Innovation Management for Start-ups

he Punjab State Chapter IPFC in Amritsar would provide all keep a company safe from any legal of PHDCCI in association IP related services like Trademarks, action or liability. Twith the Ministry of MSMEs Patents, Copyrights, Designs and Adv. Geeta Gulati, Trade Marks & and Guru Nanak Dev University, Geographical Indications. Patent Attorney elaborated on the Amritsar organized an interactive Ms. Deepika Divekar Panicker, three types of IP Laws. She mentioned video conference on ‘Importance Co-Founder & Partner, Lawgicon & Trademark covers name, logo and of Intellectual Property (IP) in a Pune based Legal Consultant, said color, gives identity to the product and Innovation Management for Startups’ that the goal of each Startup is to has territorial jurisdiction; Copyright on September 11, 2020 to apprise create a product or a service that refers to the way company’s logo & startups and students about IP Laws enables the Startup to eventually name is written and Design which and importance of legalities and become a market leader. However, it is similar to copyright comes into contracts in IP. is very important to pay attention to existence when the copyright is given In his introductory remarks, Dr the various agreements, documents to the manufacturer. She added that Preet Mohinder Singh Bedi, Director, and legalities that come along the Patent can be done for a new invention IPR Cell Guru Nanak Dev University, way because despite having a great only. Adv. Gulati also explained that IP Amritsar congratulated PHD Chamber product if the legalities are not in can be financially exploited in the form for setting up PHD Intellectual place, you might end up paying a of franchise agreement, Licensing and Property Facilitation Centre (IPFC) heavy price. From relationships with Royalty. at Amritsar. He mentioned that your employees and co-founders Dr Bedi while delivering the this would encourage Startups and to associations with vendors and vote-of-thanks mentioned that Guru MSMEs in this region to protect their investors, all commercial transactions Nanak Dev University, Amritsar will ideas and innovations. are ruled by a set of rules and laws and be organizing a series of IPR and Mr. RS Sachdeva, Chairman, IPFC this is what is stated in a contract. She Entrepreneurship Development Steering Committee & Mentor, Punjab underlined than an understanding of events for Startups and budding State Chapter, PHDCCI informed that contracts, will help better approach to Entrepreneurs in collaboration with all these commercial transactions and PHD Chamber in the near future.

PHD Chamber Bulletin | September - November 2020 105 Developing Rajasthan as Solar Components Manufacturing Hub in India: Immense Opportunities for MSMEs

he PHDCCI - Rajasthan State policy framework brought by the overview of incentives and benefits Chapter organized a video Rajasthan Government for facilitating to industries under RIPS-2019 and Tconference on “Developing sustainable development of the Solar assured that if additional incentives/ Rajasthan as Solar Components Sector. He assured that PHDCCI would benefits are required the same would Manufacturing Hub in India: Immense closely work with the Government be examined. Opportunities for MSMEs” on of Rajasthan and the industry Mr. Anil Gupta, IAS, MD, RRECL, September 8, 2020. The conference for development of Component Government of Rajasthan assured focused on development and growth Manufacturing Sector in the State. his full support for development of of Solar Energy sector in Rajasthan for Mr. Sanjeev Gupta, Chairman, Components Manufacturing sector which there is a need to promote Solar Energy (Power, RE & AR) Committee, in Rajasthan. He informed that the components manufacturing sector in PHDCCI emphasized the need for present solar generation in the State the State. developing domestic components in around 10000 MW and a target of Welcoming the distinguished manufacturing programme in line with 30000 MW has been set for 2024-25 in participants and eminent speakers, the Aatmanirbhar Bharat movement Rajasthan Solar Policy-2019. Mr. Digvijay Dhabriya, Chairman, and reducing dependence of imports Mr. Dhiraj Srivastava, PHDCCI-Rajasthan Chapter apprised especially from China. He also Commissioner, Rajasthan Foundation, about the activities of PHDCCI at the mentioned about innovative financing Government of Rajasthan assured grass root level. solutions for solar projects. that Solar Component Manufacturing Delivering the Presidential Chief Guest, Mr. Naresh Pal sector would be the planned address, Mr. Sanjay Aggarwal, Gangwar, IAS, Principal Secretary, agenda for motivating & attracting Senior Vice President, PHDCCI Industries and MSME Department, Non-Resident Rajasthanis to bring appreciated the pro-active and robust Government of Rajasthan gave an investments in the Components

106 PHD Chamber Bulletin | September - November 2020 Manufacturing Sector. crores. He suggested reservation Rajasthan. Ms. Archana Singh, IAS, in Government procurement for Other Eminent Speakers namely Commissioner, Industries & MSME local MSMEs in Solar Component Mr. Rakesh Chopra, Managing Department, Government of Manufacturing Sector by expanding Director, REIL; Mr. Manik Garg, Rajasthan gave a detailed account of the existing list of reserved items. Director, Saatvik Energy Pvt Ltd; Mr. incentives to MSMEs under RIPS-2019, Mr. Manish Gupta, President, V K Kapur, Director, Okaya Power Ltd. especially for Solar Sector and also North India Module Manufacturing emphasized the need for developing about provision of Special package for Association requested for extra Components Sector and bringing large projects. support to Component Manufacturing out component wise strategy for the Mr. Yogesh Srivastav, Principal Sector by the Government and same. Director, PHDCCI spoke on the increase in reservation for local Mr. Vikas Gupta, Deputy Director, efforts & initiatives of the Chamber MSMEs and adoption of cluster based MSME-DI, Jaipur spoke on the various for development of the Solar Sector. development approach. schemes of MSME Department He assured that PHDCCI-Rajasthan Mr. Vineet Mittal, Director, Navitas relating to cluster development, Chapter would be actively working Green Energy Solutions Pvt Ltd. R&D projects, purchase preferences, with the industry and Government informed that the favorable policy interest subsidy, Funds of Funds agencies for facilitating development framework existing in the State is and import substitution the benefit of Component industry in Rajasthan. not being properly communicated of which could be availed by Solar Mr. Sunil Bansal, General Secretary, to the potential investors outside Components Manufacturing Sector. The Rajasthan Solar Association Rajasthan due to which they are not Mr. Suneel Dutt Goyal, Co- presented a comprehensive outlook able to plan investments in Rajasthan. chairman, PHDCCI-Rajasthan Chapter for development of the Solar He suggested that the incentives for delivered the vote-of- thanks to all the Component Sector. He informed that Solar Sector be summarized and sent distinguished guests. to industry leaders working outside over 35-40 components are used in The Rajasthan Solar Association Rajasthan. Solar plants besides a large number of was the Supporting Partner of the stand alone Solar items in Domestic/ Mr. Sunil Sinnarkar, Managing Webinar. Navitas Green Solutions Commercial/Agriculture segments. He Director, K Solare Energy Pvt. Ltd. Pvt Ltd. and K Solare Energy Pvt Ltd. informed that Component Sector has informed that huge potential exists contributed sponsorship support to opportunities worth over Rs.36,000 for Components Manufacturing in the webinar.

PHD Chamber Bulletin | September - November 2020 107 Information Technology as Key Solutions to Transforming MSMEs Future

he Uttar Pradesh Chapter of PHD Mr. Alok Kumar, lAS Additional State like UPDESCO and UPLC can be Chamber organized a Virtual Chief Secretary, Dept. of Electronics contacted by the MSMEs to seek the TConference with Mr. Ajit Singh and Information Technology, services and also better their design Pal, Hon’ble State Minister, Electronics Government of Uttar Pradesh said that and manufacturing needs. & Information Technology, Govt. of the Department of IT & Electronics is Mr. Navneet Sehgal, IAS, Uttar Pradesh on “Role of Information also working with SIDBI to facilitate Additional Chief Secretary, Deptt of technology in transforming MSMEs venture capital funding for new MSME, Khadi & Village Industries, future during COVID-19” in association startups and MSMEs. Mr. Kumar also Govt. of Uttar Pradesh said that most with APV India Pvt. Ltd. on August 18, shed light of Common Service Centre of the Government Schemes for the 2020. 3.0 which shall be launched very soon MSMEs and other units are posted Mr. Ajit Singh Pal, said that with where emphasis would be given on online now and with the help of IT, the optimum use of Information Business to Citizen Services liberally several worldwide portals are created Technology, MSMEs will transform and MSMEs will be benefit greatly by by which MSMEs of the State can be the country into a New India where these CSCs 3.0. He also said that the connected globally. State Government is also focusing on IT will play an important role that Mr. Saurabh Sanyal, Secretary the Broadband Mission whereby the will lead India as a major player in the General, PHDCCI in his special address Broadband infrastructure of the State Global Economic Competition. He informed that PHDCCI has a huge will be improved and the broadband also said that MSMEs of the State, membership base of more than connectivity will be facilitated even in apart from being the backbone of 1,50,000 members out of which 70% are the rural areas. He also shed light on the country’s economy are the major MSMEs. Mr. Sanyal urged the Hon’ble the Electronics Systems Design and employment generators for the State Minister to support the MSMEs of the Manufacturing Policy where significant and also contribute more than 30% to State with all the feasible services so heed is being given on the design and the economy, assisting the country to that the State continues to be a major manufacturing part of the MSMEs emerge as the world’s fastest growing contributor in the national economy. economy. and Public Sector Undertakings of the

108 PHD Chamber Bulletin | September - November 2020 Virtual Conference on Credit Facilities For MSMES & Start- Ups During COVID – 19

he Uttar Pradesh Chapter of PHD about these facilities. He also its balance sheet. He discussed about Chamber organized a Virtual mentioned about the Emergency the Current Light and Equity Heavy TConference on “Credit Facilities Credit Scheme and briefed about the Model, which comprises of current for MSMEs & Start- ups during COVID- salient features of the debt scheme by assets and current liabilities. He added 19” in association with Bank of Baroda Bank of Baroda by which many eligible that realizing how the bankers are on August 10, 2020. enterprises can avail the credits easily. reviewing MSMEs while sanctioning Mr. Brajesh Kumar Singh, GM, Mr. Anil Khaitan, Former President, loans is also an important aspect. Bank of Baroda & Convenor SLBC said PHDCCI & Mentor MSME Mentoring & He also mentioned few important that though the Banks have liquidity Guidance Centre, PHDCCI shared an points which MSMEs must remember in terms of credit corpus but the same example of a financial model based – customers, suppliers, maximum is disbursed in very low percentage on the practical experience being capacity utilization and minimum because of non-qualifying applications practiced in his company, describing wastage and fixed expenses. and unawareness amongst MSMEs how a MSME company should look at

Orientation of MSME Facilitation Portal Government e-Marketplace GeM

he PHDCCI Uttarakhand Chapter in collaboration with the Ministry of MSMEs organized the GeM webinar on August 21, 2020. The Government e-Marketplace (GeM) is the National Public Procurement Portal, providing online platform Tfor procurement of goods and services for Central and State government organizations. It is already serving a seller base of more than 3,90,000 sellers and service providers. The objective of the webinar was to interact with members who are interested to be on-board the GeM portal and give them a detailed overview of the portal and how it will help them to leverage their businesses on this platform.

PHD Chamber Bulletin | September - November 2020 109 INTERFACE

Meeting With Hon’ble Minister for Chemicals & Fertilizers, Government of India delegation led by Mr. Sanjay Aggarwal, President, PHDCCI along with Mr. Saket Dalmia, Vice President, PHDCCI, Mr. Saurabh Sanyal, Secretary General, PHDCCI and Dr. Ravi Rathod, Deputy Secretary, PHDCCI met Mr. D V A Sadananda Gowda, Hon’ble Minister for Chemicals & Fertilizers. 9th November 2020 at New Delhi. Mr. Sanjay Aggarwal appreciated the Hon’ble Minister for a very transparent Production Linked Incentive (PLI) Scheme and accepting & resolving majority of Industry issues with the PLI scheme.

Meeting With Hon’ble Minister For Industry, Health, PWD, Power, Home & Urban Development, Government Of NCT Of Delhi PHD Chamber delegation led by Mr. Pradeep Multani, Vice President and comprising of Mr. Vijay Grover, Managing Director, Kamal Pharmacy, Dr Santosh Joshi, Head R&D Division, Hamdard Laboratories, Mr. Saurabh Sanyal, A Secretary General and Mr. Vivek Seigell, Principal Director met Mr. Satyender Jain, Hon’ble Minister for Industry, Health, PWD, Power, Home & Urban Development, Govt. of NCT of Delhi on September 23, 2020 at the Delhi Secretariat. During the meeting, the delegation discussed measures to reduce the number of Government Departments, which an Industry has to deal with the AYUSH Sector. The delegation also requested the Hon’ble Minister for use of AYUSH products as recommended by Ministry of AYUSH and Ministry of Health & Family Welfare for boosting the immunity and overall wellness of the citizens.

110 PHD Chamber Bulletin | September - November 2020 INTERFACE

Meeting With Principal Secretary, Tourism Department, Government Of Rajasthan PHDCCI Rajasthan Chapter delegation comprising of Mr. Digvijay Dhabriya, Chairman A and Mr. R.K. Gupta, Resident Director met Mr. Alok Gupta, IAS, Principal Secretary, Tourism Department, Government of Rajasthan on August 10, 2020 at Civil Secretariat, Jaipur. The meeting discussed possibilities for reviving tourism in Rajasthan. In this regard, PHDCCI offered to organize “Virtual Tours” in association with the Department of Tourism to increase the outreach of the Department amongst potential tourists. Meeting With Secretary, Water Resources Department, Government Of Rajasthan PHDCCI-Rajasthan Chapter delegation comprising of Mr. Digvijay Dhabriya, Chairman and Mr. A R.K. Gupta, Resident Director met Mr. Naveen Mahajan, IAS, Secretary, Water Resources Department, Government of Rajasthan on August 11, 2020 at Civil Secretariat, Jaipur. During the meeting, PHDCCI offered to collaborate in construction of Check dams, rejuvenation of ponds/water bodies through PHDRDF.

Meeting With Chairman & Managing Director, REC Ltd. r. Sanjeev Gupta, Chairman, Power, AE & RE Committee, PHDCCI met Mr. Sanjeev Kumar MGupta, CMD, REC Ltd, on August 18,2020 at his office in New Delhi to invite him to address PHDCCI ‘s Webinar on “Innovations in Renewable Energy” held on September 12, 2020.

PHD Chamber Bulletin | September - November 2020 111 EXPRESSION

Person with domain knowledge relating to dispute could be the right arbitrator by Dr Saraswat SB

he Arbitration and Conciliation and Development, technology that parties should ensure that Act, 1996, (“The Act”) as per transfer contracts, disputes usually the Arbitration tribunal members Tsection 26, provides for the tend to start on technical issues and consist of a blend of Arbitrators appointment of domain knowledge these disputes subsequently get from technical, commercial and legal experts by the arbitration tribunal; converted to major commercial and backgrounds. this is well appreciated as it meets financial disputes. Therefore, it is an Disputing parties should nominate the specific need of expertise essential requirement that in these arbitrators with domain knowledge support where certain clarifications areas an arbitrator appointed should and experience in the field pertaining are to be obtained. Although this be a technical professional having to the dispute. Subsequently, the provision to seek expert opinions domain knowledge and experience respective arbitrators can select proves to be beneficial, it is pertinent in that field. In such situations, a presiding arbitrator with legal to note that these opinions cannot appointing experts to merely assist knowledge. The constitution of such be comprehensive and may not be arbitrators will not be adequate to fill an Arbitral Tribunal will result in easier suitable where conflicts and disputes the gap of expertise requirements. understanding of the issues pertaining pertain to a particular field/domain Else it will be very difficult to do justice to the dispute and faster resolution. such as construction projects, while passing an award. As a fall back, Institutional arbitration centers, when engineering, IP, finance, banking etc. such arbitration awards are more given the opportunity to nominate In such arbitrations the entire process susceptible of either being setting arbitrators, should ensure that the of dispute settlement centres around aside as per section 34 or challenged nomination is based on the domain the technical issues of the particular on appeal as per section 37 of the Act. knowledge of Arbitrator. field which finally are converted to Considering the above commercial and financial issues (in the background, the role of construction form of damages, payments etc.). In arbitrators for example are being such situations, an arbitration tribunal defined so that awards are based on Dr Saraswat SB that lacks domain knowledge cannot true merit of technical, contractual Presently Managing Director of Danieli do justice in passing an award. and legal issues, which materialise Corus India Pvt. Ltd. It is also important to note that into conflicts and disputes,. This can Former Director SCM, Global Steel-Europe Former Joint Director (Materials) / SAIL: an arbitration award becomes a be achieved only when arbitrators Steel Authority of India Ltd decree, which can be enforced in construction sector disputes have Vice-Chairman / Indian Institution of Plant like a court order. Therefore, it is adequate knowledge and experience Engineers-D/H Fellow / Institution of Engineers, Indian important that the award passed by in construction and are also exposed Institution of Plant Engineers the arbitrators should be based on to legal practices. This means that PhD & Charter Engineer the domain knowledge and relevant a construction dispute can be PG Diploma in ADR from ILI legal provisions so that it is just and brought into the category of techno- On the Panel of Arbitrators of: ICA, CIAC, IDAC Ahmedabad, Newton can withstand scrutiny by the courts commercial-legal issues. Here it is Arbitrations, UK; BIMACC, Bangalore, if challenged under section 34 of the worth sharing that even though the IIAM, Kochi, AIC ADR, PHD Chamber of Act. recent amendments to the Act have Commerce, Delhi, Society of construction no provision of necessity of Arbitrators Law, UK, In the construction sector, areas Mob. : +91 -9971777983 | E-mail: such as intellectual property, banking, with particular qualification and [email protected] Information Technology, Research domain knowledge, it is desirable

112 PHD Chamber Bulletin | September - November 2020 PHD ChamberPHD Chamber Bulletin |Bulletin September | August - November 2020 2020 113 HEADWAY / Towards Inclusive Growth PHD FAMILY WELFARE FOUNDATION (PHDFWF) PHDFWF’s New Initiatives PHDFWF’S WEBINAR ON ‘THE WAY FORWARD IN THE NEW NORMAL’

he PHD Family Welfare Foundation and Women and Child Committee, PHDCCI organized a webinar on ‘The Way Forward in the New Normal’ in association with Confluence on October 28, 2020. Ms. Anuradha Goel, Chairperson, TPHDFWF welcomed all the eminent speakers, from India and abroad and the participants followed by a virtual felicitation of the keynote speakers Ms. Suneeta Trivedi, Mr. Dhyaneshwar Muley, Ms. Manisha Girotra, Mr. Mahendra Sinh C Jadeja and Mr. Pramod Bhagat with a memento by Mr. Sanjay Aggarwal, President PHDCCI, Mr. Pradeep Multani, Senior Vice President, PHDCCI and Mr. Saurabh Sanyal, Secretary General, PHDCCI. Mr. Sanjay Aggarwal, President, PHDCCI gave the presidential address and shared the changes which are occurring due to the Corona Pandemic in daily lives of people. Different perspectives from the eminent speakers from India and abroad were shared on this new normal time. Ms. Seema Khaitan, GB Member, PHDFWF delivered the vote-of-thanks to the keynote speakers and other participants. PHDFWF–L&T HOWDEN NEW SKILL DEVEOPMENT CENTRE, PALLA, FARIDABAD

he PHD Family Welfare Foundation started a new Skill Development Centre effective September 1, 2020 in Faridabad for beauty culture, tailoring & embroidery and computer education with financial support from L&T Howden Pvt. TLtd., Faridabad. A total of 70 beneficiaries are availing training in these courses. 114 PHD Chamber Bulletin | September - November 2020 Towards Inclusive Growth / HEADWAY PHDFWF ORGANIZED A COOKING PROGRAMME ON ‘CULINARY ARTS AS BUSINESS’

he PHD Family Welfare Foundation organized a webinar on cooking programme ‘Culinary Arts as Business’ on October 5, 2020 with Chef Ms. Devika Chaturvedi. Ms. Anuradha Goel, Chairperson, PHDFWF virtually welcomed Tand felicitated Ms. Devika with a PHDFWF memento. Ms. Devika shared recipes of three different dishes which were made with easily available ingredients at home. The dishes were Bruschetta, Dark Chocolate and Chilli Tart and Herbed corn and Spinach Pillaf. GB members of PHDFWF and Women and Child Committee, PHDCCI participated in the programme.

DISTRIBUTION OF DRY FOOD PACKETS, FACE MAKS AND SANITARY NAPKINS uring the current situation of Covid-19, PHD Family Welfare Foundation has Dbeen distributing dry food packets, face shields, cotton face masks & sanitary napkins to its beneficiaries, security guards, the needy migrants and the artists of Centre for Indian Classical Dances in Hauz Khas on a regular basis. These packets are being distributed in the resettlement colonies of Delhi/NCR. PHDFWF also organized distribution of wheat and rice to 750 High Risk Groups with support from DSACS & Food Corporation of India in TI-Okhla project centre.

PHD Chamber Bulletin | September - November 2020 115 HEADWAY / Towards Inclusive Growth PHDFWF – L&T PRAYAS SKILL DEVEOPMENT CENTRE, SURYA VIHAR, FARIDABAD

he PHD Family Welfare Foundation virtually inaugurated a Skill Development Centre on October 17, 2020 in TSurya Vihar, Faridabad with support from Prayas Trust, L&T, Faridabad. The inaugural programme was started with a lamp lighting ceremony followed by ribbon cutting by The President, Prayas Trust in gracious presence of Ms. Anuradha Goel, Chairperson, PHDFWF; Ms. Madhulika Mehta, Co- chairperson, PHDFWF and senior members from L&T and PHDFWF. This centre offers tailoring and embroidery course for underprivileged women and girls living nearby. A total of 40 trainees are currently availing training at the centre.

PHDFWF-L&T HOWDEN FLAGGED OFF MOBILE MEDICAL CAMPS TO BE ORGANISED IN FARIDABAD

he PHD Family Welfare Foundation started a new mobile medical camps project with support from L&T Howden Pvt. Ltd. PHDFWF will organize free health check- up camps in different parts of Faridabad & nearby areas. Mr. Pawan TMehndiratta, Chief Executive, L&T Howden Pvt. Ltd. flagged off the first camp from L&T Head office, Faridabad. Mobile medical camps will be organized four to five times in a month. A total of 32 camps will be organized in this period.

116 PHD Chamber Bulletin | September - November 2020 Towards Inclusive Growth / HEADWAY HEALTH CARE PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN, GURUGRAM HDFWF-Jaquar Mobile Medical van, Gurugram conducted 15 health check-up camps which benefited P878 patients. These camps provide free diagnostic care and medicines to the beneficiary patients from Harchandpur, Alipur, Garhi Bazidpur and Dhaula Gurugram.

PHDFWF - SMPF MOBILE MEDICAL VAN HDFWF-SMPF has been organizing free health check- up camps on a regular basis. The camps are providing Pfree diagnostic care, clinical services and medicines to the beneficiaries of Delhi/NCR and Uttar Pradesh. A total of 14 health check-up camps were organized and benefited 711 patients.

PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN, BHIWADI, RAJASTHAN uring this month, 12 camps were organized in the villages of Ujoli, Akoli, Mithalwas and Khalilpuri Dof Bhiwadi. A total of 441 patients benefited from PHDFWF-Jaquar mobile medical van (MMV). The MMV provides diagnostic care to the patients by following all the precautionary measures. PHDFWF has been organizing its regular health check-up camps under the supervision of Jaquar groups. PHDFWF- JAQUAR FOUNDATION DENTAL AND EYE MOBILE VAN (DELHI CAMPS) aquar - Dental and Eye mobile van organized 13 general health checks-up camps in the month of October J2020. The camps are being organized in different skill development centres of PHDFWF across Delhi/ NCR. These camps benefited 471 patients and also provided free diagnostic care, clinical services and distribution of medicines. PHDFWF- TARGET INTERVENTION PROJECT ON HIV/AIDS arget Intervention Project (TI) has been providing various Health/RCH Services to industrial and migrant workers with the financial support from Delhi State AIDs Control Society (DSACS) since 2003 in resettlement areas of Okhla. T102-ICTC, 38-RPR, 110-RMC, 5-PT, 6-STI, and 5-D.G have been conducted during the month of October 2020.

PHD Chamber Bulletin | September - November 2020 117 HEADWAY / Towards Inclusive Growth SKILL DEVELOPMENT PHDFWF-JAQUAR N.L MEHRA VOCATIONAL TRAINING CENTRE, AYA NAGAR

HDFWF-N L Mehra Vocational Training Centre has been providing training in Nursing assistant, Advance computer education, Retail management and Beauty culture courses which benefited benefiting many students in Aya Nagar. PIn the month of October 2020, 107 students took training with all precautionary measures at the centre. HINDUSTAN TIN WORKS SKILL DEVELOPMENT TRAINING CENTRE, LAL KUAN, BADARPUR

total of 53 beneficiaries are attending training courses on Computer education and Beauty culture in the centre. A All precautionary measures are taken care of and trainer and trainees are called on alternative days for the classes. PHDFWF-SMPF SKILL DEVELOPMENT TRAINING CENTRE, DWARKAPURI

he Centre provides training in tailoring & embroidery, beauty culture & mehandi, mobile repairing and computer education. Currently, 101 students are enrolled in the centre availing training in different courses. Other activities like Tgeneral awareness camps and mobile medical camps are also held in this centre.

118 PHD Chamber Bulletin | September - November 2020 Towards Inclusive Growth / HEADWAY PHDFWF-JAQUAR SKILL DEVELOPMENT TRAINING CENTRES, MANDI VILLAGE he PHDFWF-Jaquar Skill Development Centre in Mandi village offers courses like beauty culture, Ttailoring, mobile repairing, cooking and masala making. Currently, 125 trainees are availing courses with all precautionary measures

PHDFWF-KAJARIA CERAMICS SKILL DEVELOPMENT TRAINING CENTRE, ASSAM

HDFWF with financial support from Kajaria Ceramics Ltd. has been running a Skill Development Training Centre in Lakhimpur district of Assam. The centre is providing training in knitting and hand weaving courses to girls and women Pto earn their livelihood. PHDFWF-WRG SKILL DEVELOPMENT CENTRE, AYA NAGAR

urrently, 46 students are availing training in tailoring and embroidery & computer education courses in this centre. CAll trainers and trainees are taking precautionary measures while availing classes. PHDFWF-ITE SKILL DEVELOPMENT CENTRE, NOIDA HDFWF has been running the Skill Development Centre in Noida. During September 2020, around 69 Pwomen and girls availed training in beauty culture and tailoring course which would enable them to get skilled jobs.

PHD Chamber Bulletin | September - November 2020 119 120 PHD Chamber Bulletin | September - November 2020 Towards Inclusive Growth / HEADWAY PHD RURAL DEVELOPMENT FOUNDATION (PHDRDF) PHDRDF- COCA COLA INDIA (DISTRIBUTION OF BEVERAGES) he PHD Rural Development Foundation, a social arm of PHD Chamber has taken the initiative under TCOVID-19 to support frontline COVID-19 Warriors and Workers during this crisis by distributing juices and energy drinks with support from Coca Cola India. PHDRDF has distributed more than 8 lakh bottles of juices and energy drinks and are continuing to do more. The process of distribution of juices is still undergoing and is being distributed across 4-5 states currently in Maharashtra, Gujarat, AP, UP and Delhi.

Handing over of juices by Mr. Sanjay Bhatia, Chairman, PHDRDF to Mr. Distribution of juices and energy drinks at old age home Jagdish Yadav, ACP, Sukhdev Vihar Police Station for further distribution to policemen. PHDRDF HEALTHCARE INTERVENTION AND SANITATION HDRDF has been actively conducting free health camps for the low-income population in various geographical locations across the country to increase access to healthcare. A team of a qualified Doctor, ANM, Lab Technician Pand project coordinator are present for each camp and are responsible for its success. Emphasis is being given on generating awareness amongst the community on sanitation & hygiene, child & maternal health, waterborne diseases, communicable diseases and other geography based medical problems. PHDRDF- NATIONAL SAFAI KARAMCHARIS FINANCE & DEVELOPMENT CORPORATION (NSKFDC)

Images from the health camp n partnership with NSKFDC, PHDRDF conducted 25 health camps in 25 locations, PAN India during August to November 2020. In the month of September, two health camps in Bokaro and Gumla District in Jharkhand were organized. The Ihealth check-up was done by a team of 12 medical and paramedical staff including General Physician, Eye-Surgeon, Paediatrician, Dermatologist and a Gynaecologist. The facilities for blood pressure, blood sugar, ECG, eye check-up, free medicines and distribution of free spectacles was also provided in the camps. A total of 213 patients were treated. During the camp, COVID Antigen Test for 27 patients was conducted by District Civil Hospital, Gumla and all were reported negative.

PHD Chamber Bulletin | September - November 2020 121 HEADWAY / Towards Inclusive Growth PHDRDF-ROTARY CLUB OF RORKEE HDRDF has partnered with Rotary Club of Rorkee, Rotary International, Rotary District grant through THDC, Rishikesh for a Mobile Medical “Sehat Van” to provide a holistic health care program to 30 villages in Tehri Garhwal. The Pproject will provide screening, diagnosis and treatment for Non-Communicable Diseases (NCD) including Diabetes, Hypertension, Cardiac problem and/or oncology through on- ground health camps as well as Tele-medicine consultation with specialist doctors. The mobile medical van will be equipped with devices testing like ECG, Blood test and supported by a qualified medical team comprising of a medical doctor and paramedical staff. The women and child care camp will focus on women based health issues. The project is expected to reach out to approximately 12,000 people in the far-reaching areas of Tehri Gharwal, who are unable to access healthcare easily. PHDRDF WATER MANAGEMENT HDRDF has been constantly working towards recharging of ground water table by establishing Rain water harvesting Pstructures and generating awareness amongst the community on need and technologies of water conservation. PHDRDF-COCA COLA FOUNDATION HDRDF and Coca Cola Foundation have partnered together to promote sustainable solutions for Pwater resource management with surface water conservation and ground water recharge, through construction of 07 check dams in water-stressed two blocks of Ranchi District – Kanke and Ratu in Jharkhand. The project will reach out to more than 15,000 people, creating a total water recharge capacity of 292,100 cubic meters. Three check dams have been completed out of seven check dams, namely, Kadru Chuwa Wala, Fauji Wala and Sukkhal Khatt Wala check dam and the rest will be constructed soon. Kadru chuwa wala check dam during monsoon PHDRDF – S.S KOTHARI MEHTA & FAMILY

Community members seen actively participating in the construction of Bhairuji wala check dam

HDRDF and SS Kothari and family represented by Mr. KS Mehta have partnered together to construct one water harvesting structure ‘Bhairuji wala ’ in Hajipur Village, Alwar, Rajasthan with a length of 110 ft. The check dam will Phave water holding capacity of 6,16,600 cubic feet. This check dam will help augmentation of the water table and recharge the groundwater. The construction work towards the check dam has started with active participation from the community.

122 PHD Chamber Bulletin | September - November 2020 Doctor seen conducting ECG at the health camp Towards Inclusive Growth / HEADWAY PHDRDF SKILL DEVELOPMENT HDRDF has been undertaking skill development programmes with various corporate organizations with an aim to enable the under-privileged youth to be economically independent. These programs include training in stitching & Ptailoring, beauty culture, computer literacy including tally software, spoken English language, soft skills, etc. PHDRDF- BRY-AIR (ASIA) PVT. LTD & DRI PVT. LTD. HDRDF with support from BRY –Air (Asia) Pvt Ltd and DRI Pvt. Ltd. have started two skill development courses i.e. electrician and computer training in Jatauli Village of Pataudi block of Gurugram, Haryana. A total of 33 students in Pelectrician and 40 students in computers have successfully completed their course. All these students will be awarded with a certificate which is currently pending due to the pandemic. Out of these, 23 students have also passed third party assessment done by Shiksha Bharti. Students of Electrician batches were also provided with placement links for their livelihood. Currently, activities under DRI Computer Centre are on hold due to the community spread of corona virus and lockdown. Two remaining batches of DRI Computer Center will be completed at a new location at Sidhrawali village near Bilaspur in Haryana. PHDRDF-DOW AGROSCIENCES INDIA LTD. ow Agro Sciences India Ltd has partnered with PHDRDF to implement a project for empowering Drural women by training them on “Beekeeping” as a supplementary source of income. A total of 200 women have been trained in bee keeping and harvesting honey and allied products like – royal jelly, bee wax, bee pollen etc. in Maharashtra and Haryana and have been provided 5 bee boxes with bee hives each. The programme aims at making these women as beacons who will motivate and support other women to start their own enterprises and thus get additional income and empower them.

Representative image of bee box provided

PHDRDF- DONALDSON INDIA FILTER SYSTEMS PRIVATE LIMITED HDRDF in collaboration with Donaldson Filters India Pvt. Ltd. is running a “Skill Development PCentre” since last 4 years in village Mohammadpur Gurjar, Sohna block, Gurugram. Two batches consisiting 20 girls in each batch of Cutting & Tailoring and Beauty Culture courses have been completed. Currently, one batch of 20 girls in both courses i.e. Cutting & Tailoring and Beauty Culture are undergoing training. After a long halt in physical trainng at the Center due to pandemic, now its gradually being restarted with maintining the social distancing and other protocols for the pandamic. Previous batches which began in January have been completed and new batches in both courses are under progress. Girls at the stitching center

PHD Chamber Bulletin | September - November 2020 123 HEADWAY / Towards Inclusive Growth PHDRDF-THDC- SEWA HDRDF and THDC- SEWA have come together for a women empowerment and livelihood generation Pproject through sanitary napkins manufacturing. The manufacturing unit machinery and raw materials for making sanitary napkins has been established at Bhaniyawala, Jolly Grant, Dehradun. A women SHG comprising of 9 women have been trained in using the machine and production of sanitary napkins. Packet for the product has been finalized and now manufactured sanitary napkins are being packed. Linkages for the marketing of the product is being established.The Center was closed down during the lockdown period. However, after relexation, the Center has re-started from the previous month. Now, efforts are being made to Sanitary manufacturing unit at Sahaj Center establish the market linkages for these sanitary napkins as the production is in full swing. PHDRDF-DCM SHRIRAM INDUSTRIES

SHG Women Working at Center

HDRDF and DCM Shriram came together for a women empowerment and livelihood generation project through sanitary napkins manufacturing. ‘Urmila’ Women Self-Help Group with 9 women has been established in Ranikhet. PProduction Unit for Sanitary Napkins has been established in village Pantkotuli. Now women of Urmila Self-Help Group are able to make the sanitary napkins independently. Awareness on Menstrual hygiene will start soon in villages of Ranikhet. PHDRDF SCHOOL DEVELOPMENT HDRDF has been actively working towards improving quality and standard of school education and literacy by Psupporting the existing Government schools in different states. PHDRDF- DR AWASTY & FAMILY r Awasty has partnered with PHDRDF to upgrade an existing Philanthropic school named ‘Advaita DGarden Children’s Village’ imparting free education to the children in Hajipur panchayat of Alwar district, in Rajasthan. A new toilet-cum-bathroom block consisting two toilets and two bathrooms in the campus has been constructed; electrical wiring, ceiling fans and tubelights have been installed in classrooms, new windows and doors have been inserted alongwith whitewash has been done in the classrooms. Now installation of solar lights in the campus and swings in the ground is remaining.

Newly constructed photograph of the toilet cum bathroom block

124 PHD Chamber Bulletin | September - November 2020 Towards Inclusive Growth / HEADWAY PHDRDF- AICF(ASIAN INDIAN COMMUNITY FOUNDATION OF WESTERN NEW YORK) HDRDF and AICF- a New York based Charitable Foundation have partnered to undertake the development activities in Govt. Upper Primary School, Dantli in Jamwaramgarh block of Jaipur in Rajasthan as a part of their socio-economic Pdevelopment projects in India. Construction of drinking water station, a new toilet block, refurbishemnt of old toilet block, whitewash of the school building has already been done. Now, a new borewell for water resource is being constructed at the school. Educational wall art and WASH activities are also part of the project which will be done soon after the establishment of a new borewell. PHDRDF- HAGER FOUNDATION

Pre and post photograph of one of the government school after refurbishment in Sikar, Rajasthan project on “WASH and Quality education in five Government Schools in Sikar, Rajasthan” is being implemented since the last four years with support from Hager Foundation. The buildings of five Government schools have been A upgraded including refurbishing of classrooms, mid-day meal area, sanitation and drinking water facility, playground, proper boundary wall with gate and BaLA. Cleanliness drive and behavior change activities are being regularly conducted by the health worker in the schools. The health worker ensures that basic menstrual hygiene is being maintained by the school girls on a regular basis. Computer and English speaking classes are regularly running in the schools. New teachers have been appointed for the students to ensure better learning practices. Renovation work in Govt. Upper Primary School Rai Singh Ki Dhani and Govt. Upper Primary School Kala Kota are in progress.

PHD Chamber Bulletin | September - November 2020 125 126 PHD Chamber Bulletin | September - November 2020 MoUs International S No. Name of the MoU Date of Signing 1 Dubai Exports (DE) January 29, 2017 2 Confederation of Nepalese Industries (CNI) August 10, 2017 3 Management Association of Nepal August 10, 2017 4 CAB International, United Kingdom August 21, 2017 5 BALKAN Indian Business Association, Indian Chapter, New Delhi October 16, 2017 6 Kuwait Chamber of Commerce & Industry October 23, 2017 7 Indian Chamber of Commerce in Slovak Republic November 10, 2017 8 Hungarian Chamber of Commerce and Industry November 20, 2017 9 AL HILAL Publishing and Marketing Group, Bahrain November 21, 2017 10 FICCI (Philippines) Inc. January 26, 2018 11 Eurasian Peoples' Assembly, Moscow, Russia February 28, 2018 12 Alborz Chamber of Commerce, Industries, Mines and Agriculture (ACCIMA) March 8, 2018 13 Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) March 8, 2018 14 Private Sector Foundation Uganda (PSFU) March 8, 2018 15 PHD Chamber & Ghana National Chamber of Commerce & Industry March 12, 2018 16 National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan Republic March 13, 2018 17 Azerbaijan Export & Investment Promotion Foundation Baku, Azerbaijan March 13, 2018 18 The Azerbaijan Republic Chamber of Commerce and Industry BAKU, Azerbaijan March 14, 2018 19 TAIPEI World Trade Centre April 17, 2018 20 The Chamber of Commerce & Industry of the Republic of Moldova May 7, 2018 21 The Netherlands India Chamber of Commerce and Trade May 24, 2018 22 Government of Andijan City, Republic of Uzbekistan May 26, 2018 23 F6S Network Limited, United Kingdom June 5, 2018 24 Kenya National Chamber of Commerce & Industry, Nairobi, Kenya (KNCCI) June 11, 2018 25 Private Sector Federation, Rwanda July 24, 2018 26 Confederation of Nepalese Industries(CNI) August 1, 2018 27 India – New Zealand Business Council (INBC) September 5, 2018 28 Bulgarian Chamber of Commerce and Industry, Bulgaria September 5, 2018 29 Global CEO Club, SEOUL, South Korea September 7, 2018 30 Association of Small and Medium-Sized Enterprises and Crafts of the Czech Republic September 7, 2018 31 Bucharest Chamber of Commerce and Industry, Romania September 19, 2018 32 Chamber of Commerce and Industry of Cote D’ivoire September 21, 2018 33 Chamber of Commerce and Industry of Antananarivo, Madagascar September 28, 2018 34 Chamber of Commerce & Industry Anosy, Madagascar September 28, 2018 35 VOKA Chamber of Commerce and Industry Flemish-Brabant February 12, 2019 36 BMB Trade Group LLC, Tashkent, Uzbekistan April 8, 2019 37 PTAK Warsaw Expo, Poland May 24, 2019 38 Georgian Chamber of Commerce and Industry (GCCI) July 3, 2019 39 Singapore Chamber of Commerce & Industry (SCCI) July 26, 2019 40 India Thai Chamber of Commerce (ITCC) August 20, 2019 41 ASEAN Trade Promotion Association, Thailand (ATPA) August 20, 2019 42 Vietnam Chamber of Commerce & Industry, Vietnam (VCCI) August 22, 2019 43 Indian Business Chamber in Vietnam (INCHAM) August 22, 2019 44 PTAK Warsaw Expo, Poland September 12, 2019

PHD Chamber Bulletin | September - November 2020 127 MoUs

International

45 Foreign Economic Relations Board of Turkey, Istanbul, Turkey September 18, 2019 46 Ceylon Chamber of Commerce September 26, 2019 47 Chamber of Commerce, Industry and Services of the Region of Fez-Meknes (CCISFM), October 9, 2019 Meknes, Morocco 48 Mongolian Chamber of Commerce and Industry, Ulaanbataar, Mongolia November 11, 2019 49 INDIA CHAMBER OF PERU January 1,2020 50 India China and America (ICA) Institute,USA (ICA) July 2,2020

Domestic

S No. Name of the MoU Date of Signing 1 Gujarat Chamber of Commerce July 20, 2017 2 Sky Innovation Tech Labs Pvt. Ltd (Signcatch) July 26, 2017 3 Pawan Hans Limited October 11, 2017 4 The Federation of Telangana and Andhra Pradesh Chambers of Commerce and November 20, 2017 Industry 5 Kalinga International Foundation (KIF) December 15, 2017 6 Indian Society of Heating, Refrigeration and Air Conditioning Engineers (ISHRAE) December 21, 2017 7 Indian Printing, Packaging and Allied Machinery Manufacturers' Association January 10, 2018 8 Federation of Karnataka Chamber of Commerce & Industry February 3, 2018 9 SMERA Rating Limited February 5, 2018 10 Oriental Bank of Commerce March 26, 2018 11 Travel Agents Association of India March 28, 2018 12 Rajasthan State Chapter and Kashmir State Chapter March 29, 2018 13 Guru Nanak Dev University Amritsar Punjab April 6, 2018 14 Government E- Marketplace April 18, 2018 15 Technology Development Board (TDB) April 25, 2018 16 Punjabi University, Patiala April 25, 2018 17 Indian Yoga Association, New Delhi April 29, 2018 18 BioNEST at Panjab University May 10, 2018 19 iSTART, IT Department of the State Govt. of Rajasthan May 11, 2018 20 Federation of Industry and Commerce of North Eastern Region(FINER) May 15, 2018 21 Engineering Council of India May 31, 2018 22 International Centre for Entrepreneurship and Technology (iCreate) June 5, 2018 23 Indira Gandhi National Tribal University, Amarkantak (Madhya Pradesh) June 29, 2018 24 The EBG Federation, New Delhi, India July 12, 2018 25 Jawaharlal Nehru University (JNU) July 20, 2018 26 Global Compact Network India July 20, 2018 27 OFB TECH Pvt. Ltd July 30, 2018 28 Energy Efficiency Services Ltd July 31, 2018 29 Southern India Chamber of Commerce And Industry (SICCI) August 20, 2018 30 Uttar Pradesh Braj Teerth Vikas Parishad (UPBTVP) August 31, 2018 31 BIOAYURVEDA September 10, 2018 32 Bundelkhand University, Jhansi September 13, 2018

128 PHD Chamber Bulletin | September - November 2020 MoUs Domestic

33 Department of Management Studies, Kashmir University September 24, 2018 34 Federation of Karnataka Chambers of Commerce & Industry (FKCCI) December 15, 2018 35 DPSRU Innovation and Incubation Foundation (DIIF) May 28, 2019 36 India Trade Promotion Organization (ITPO), Ministry of Commerce June 10, 2019 37 Spike Advertising Pvt. Ltd. November 26, 2019 38 National Productivity Council January 2, 2020 39 New Delhi Institute of Management January 2, 2020 40 Power2SME January 7, 2020 41 Centre for Excellence in Automation, Robotics & AI June 4, 2020 42 Software Technology Park of India (STPI) June 6, 2020

PHD Chamber Bulletin | September - November 2020 129 New Members

New Members OCTOBER 2020 STAR CATEGORY Mr. Vivek Vashishtha PROFESSIONAL CATEGORY Director Mr. Gajendra Agarwal IBM India Pvt. Ltd. Mr. Pavan Narang Director Advocate GA Infra Pvt. Ltd. Mr. Satish Srivastava Chambers of Pavan Narang, Advocate CMD Mr. Ankush Nijhawan Nilansh Builders Pvt. Ltd. Mr. Parmod Kumar Sachdeva Co-Founder Advocate TBO Group (TEK Travels Private Limited) Mr. Chandandeep Bhandari Rudra Consultants Partner ORDINARY CATEGORY RBS Developers Mr. Vinay K. Jain Advocate Mr. Amit Jain Mr. Satyajit Kumar VKJ Law Offices Director Director Aagam Worldwide Industries Ltd. Shakti Sudha Agro Ventures Pvt Ltd ASSOCIATION CATEGORY Ms. Asha Arora Mr. Sishir Goel Dr Gurpreet Sandhu Director Director President Aarone Resorts Pvt. Ltd. Solarsmith Energy Pvt. Ltd. Council for Healthcare & Pharma (CHP) Mr. Ajeet Bhardwaj Mr. Gagan Khosla Prof. Harvinder Popli Director Partner Director AB Optique Eye Ear And Speech Pvt. Ltd. Stalwart Home Styles Delhi Pharmaceutical and Research University Innovation and Incubation Mr. Gavish Sahni Mr. Ajay Beri Foundation Proprietor Principal Architect Agro Foods STUDIO SRIJAN Dr Jagdeep Khanna Principal, Institute of Hotel Management - Mr. Navdeep Chhabra Mr. Ajaya Behari Lal Srivastava Dehradun Director Proprietor Almondz Global Infra Consultant Ltd. The Design Forum Mr. Suresh A. Kumar Trustee Mr. Gaurav Mamik Mr. Raman Narula Sivananda Yoga Vedanta Dhanwantari Director Managing Director Ashram Trust Formula Corporate Solutions India Pvt. Ltd. UM Green Lighting Pvt. Ltd. Ms. Sonali Jain Mr. Rajat Singhi Mr. Gaurav Jain Vice Chairperson Head Investment Partner, Hindustan Tyres Sumermal Jain Educational & Welfare Winfin Financial Consultants Pvt. Ltd. Society (Regd.)

New Members NOVEMBER 2020 ORDINARY CATEGORY Mr. Dinesh Kumar Mr. Munish Kumar Gaur Partner Advocate Mr. Madan Mohan Sunrise Industries Munish Kumar Gaur, Advocate Director Aravali Gir Desi Cow Dairy & Milk Products Mr. Ashmit Singh Alag Mr. Sanjay Jalan Pvt. Ltd. Proprietor, Transform Chartered Accountant S. Jalan and Company Ms. Ankita Shah Mr. Mohd. Shafi Trumboo Director Chairman ASSOCIATION CATEGORY Artefact Projects Ltd. Trumboo Industries Pvt. Ltd. Mr. Anil Varma Mr. Vivek Nanda Ms. Amrita Guha President Proprietor Partner Delhi Exporters Association Divine Ganga Cottage Untitled Design Prof. Dr. S.T. Venkateswaran Mr. Praveen Kumar PROFESSIONAL CATEGORY President Managing Director Indian Naturopathy and Yoga Graduate Grand City Hospitality Pvt. Ltd. Air Commodare (Retd.) Jaspal Singh Kalra Medical Association (INYGMA) Chairman Mr. Sanjay Aggarwal Global Defence Industry Consultancy Ms. M. Veena Managing Director Services Secretary (I/C) Jammu Motors Pvt. Ltd. The Federation of Telangana Chambers of Ms. Lalit Mohini Bhat Commerce and Industry Mr. Raj Gaurav Batra Senior Partner CEO Law Links Rabyte Technologies LLP

CONTACT MEMBERSHIP DESK: Ms. Babeeta Sharma, Head, Membership Development Committee Email: [email protected] | Website: www.phdcci.in

130 PHD Chamber Bulletin | September - November 2020 The Mint, New Delhi, October 20, 2020

PHD Chamber Bulletin | September - November 2020 131 Punjab Kesari, Raipur, October 21, 2020

Amar Ujala, New Delhi, October 8, 2020

132 PHD Chamber Bulletin | September - November 2020 Business Standard, New Delhi, October 19, 2020

Dainik Bhaskar, New Delhi, October 20, 2020

The Pioneer, New Delhi, October 11, 2020

PHD Chamber Bulletin | September - November 2020 133 Hindustan, New Delhi, August 13, 2020

134 PHD Chamber Bulletin | September - November 2020 PHD Chamber Bulletin | September - November 2020 135 Total No. of Pages - 136 Registration Number DL-SW-1/4095/2018-2020 RNI No. 34665/79 Date of Publication - Published on 6th November 2020 Date of Posting - 7th / 8th of same month

Printed by Saurabh Sanyal, Editor, PHD Chamber of Commerce and Industry, Published by Saurabh Sanyal on behalf of PHD Chamber of Commerce and Industry Printed at Gokul Offset (P) Ltd, D - 159 A Okhla Industrial Area, Phase-I, New Delhi-110020 published at PHD Chamber of Commerce and Industry, PHD House, 4/2 Sri Institutional Area, August Kranti Marg, New Delhi - 110016 136 PHD Chamber BulletinEditor -| Saurabh September Sanyal - November 2020