PHD CHAMBER BULLETIN

Vol. XLIII No. 4 April - 2021 ` 25

PHD Chamber Bulletin | April 2021 1 2 PHD Chamber Bulletin | April 2021 PHD Chamber Bulletin | April 2021 3 4 PHD Chamber Bulletin | April 2021 Celebrating International Women’s Day 2021 Chief Guest, Ms. Anusuiya Uikey, Hon’ble Governor, Chhattisgarh

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 CHAMBER AT WORK 9

Editor: FOCUS STATES 59 Mr. Saurabh Sanyal Secretary General INTERFACE 81

HEADWAY Production Editor: Towards Inclusive Growth 89 Ms. Neelu Kapoor Economist & Bulletin Head COMMUNIQUE

India Inc. is the official publication of PHD Chamber of Expressions 103 Commerce and Industry and any part of the publication may not be reproduced or transmitted in any other form in whole or in part without the written permission of the publishers. The MoUs 105 opinions and views expressed within this publication are not necessarily those of the publishers. The publishers regret that they cannot accept liability for errors or omissions in this issue. New Members 107

For further information and feedback, please contact: Media Buzz 108 PHD CHAMBER OF COMMERCE AND INDUSTRY

PHD House, 4/2 Siri Institutional Area August Kranti Marg, New Delhi-110016 Phone : 91-11-26863801-04 Fax : 91-11-26855450 Email : [email protected] Website : www.phdcci.in

PHD Chamber Bulletin | April 2021 5 MESSAGE

President’s Message

Friends, We hope this finds you all safe and well. The one thing that all of us have hoped and prayed for is an end to this relentless viral onslaught. Launched by our Hon’ble Prime Minister, Mr. Modi on 16th January, the nation-wide vaccination drive was inaugurated by Manish Kumar, a 34-year-old sanitation worker who received the first jab at New Delhi’s All India Institute of Medical Sciences (AIIMS). Soon, AIIMS Director, Dr Randeep Guleria and other healthcare workers around the nation received the vaccine. Ever since it has been a roller coaster with people thronging to receive the shot and others debating its efficacy and safety. In the midst of all this, the Government has retained its calm and encouraged uptake of the preventive shot, reassuring its citizens of the safety and also, communicating changes in guidelines, as recommended by the WHO. The COVID-19 pandemic has transformed everything from our work life, to our social spheres, and most importantly the nation’s policy initiatives. Analysts opine that it will take more than one year for growth and employment to return to pre-COVID-19 levels in most countries depending on the fruition of policy responses. Though global growth remains on an uptrend, the recent spurt in pandemic cases, again, is a cause for worry. It is heartening to note that post lockdown, India has witnessed robust recovery among the major economies in recent months. PHD Chamber’s Economic and Business Momentum (EBM) Index shows that the economy is rebounding to pre-COVID status. As a fall-out of the COVID-19 pandemic, radical reforms have been ushered in across a range of sectors, with well thought-out measures for easing supply and providing liquidity support. There are expectations of a pick-up in government spending, compounded by consumer demand and resumption of economic activities. Further, as a result of recovering investor sentiment, the economy shows potential to grow by 11% in fiscal year 2021-22. Indicators such as passenger car sales, cement, steel, consumer durables, capital goods, GST collections, FDI, IT, construction, real estate, railway freight traffic, toll collection, e-way bills and SENSEX have shown marvelous improvement. On the international front, despite a moderate decline of 8.8% in FY 2020-21 as compared to FY 2019-2020, India’s exports in FY 2021-22 are projected to Mr. Sanjay Aggarwal

6 PHD Chamber Bulletin | April 2021 President’s Message reach USD 545 billion from the current facing a difficult financial environment As part of the PHDCCI “International USD 487 billion. due to a shortfall in tax revenue arising Week,” we were delighted to witness Meanwhile, agriculture continues from the COVID-19 pandemic. The participation from more than 40 to show robust growth, with many Department of Expenditure has also countries and around 90 plus exhibitors regions recording healthy precipitation released Rs. 11,830 crores to States showcasing their products and and reservoir levels, increasing acreage under the scheme “Special Assistance services in the virtual exhibition area of Rabi crops, healthy procurement to States for Capital Expenditure”, of the Chamber. We were fortunate trends and strengthening of rural as part of the Aatma Nirbhar Bharat to have Mr. Nitin Gadkari, Hon’ble demand. package. Union Minister for Road Transport and Highways and Minister for Micro, Small The value of new projects was I would like to comment that and Medium Enterprises address our up 13.2 percent in the last quarter of digital penetration in India during “National Roads & Highways Summit.” FY 2020-21 (January –March) over the pandemic has scaled a new high. the previous quarter of FY 2020-21, With approximately 1.2 billion wireless I bring to your attention the newly especially in money spent on long- subscribers and 750 million internet formed ‘Quad’, of which India is a proud term initiatives like setting up factories subscribers, India is the second largest member along with Australia, USA and building roads and highways. Mr. and one of the fastest-growing markets and Japan. The joint commitment to Nitin Gadkari, Hon’ble Union Minister of digital consumers. It is encouraging vaccine, climate change and emerging for Road Transport and Highways and to note that the Government is working technologies makes us a force for Minister for Micro, Small and Medium on Aatma Nirbhar Niveshak Mitra global good. These times are testing Enterprises was quoted to have said portal to digitally facilitate investors. for certain, but I am confident under ”Tremendous progress has been The portal is in testing phase and the our Prime Minister’s vision and support achieved in building national highways final version will be ready for launch by of internal and external policy drivers, across the country. We have achieved a mid May 2021. we can unitedly emerge victorious road building pace of 37 km of highways The production-linked incentive and show to the world how a country a day.” He further added that New India (PLI) scheme for select industries aims of India’s magnitude in terms of is in the making with infrastructure to lead to an output worth US$ 520 cultural and geographic diversity, can which will be at par to that in the US billion in India in the next five years successfully win these multifaceted and Europe in the next five years. and workforce in which PLI has been battles while also supporting other nations. I must laud India launching the implemented will almost double. world’s biggest vaccination drive I recommend that structural Last month, I was honored to against COVID-19 to break the chain improvements in export and interact with Mr. Piyush Goyal, Hon’ble of transmission. With over 89 million logistics infrastructure, supply chain Minister of Commerce and Industry, COVID-19 doses being administered management and value chains of Railways, Consumer Affairs, and Food & so far, we have one of the world‘s MSMEs and start-ups and simplification Public Distribution as well as Mr. Arvind largest coverage in terms of vaccinated of various export incentive schemes Kejriwal, Chief Minister and Mr. Manish population. We are also providing would go a long way to push the Sisodia, Deputy CM of NCT of Delhi. vaccines to nearly 80 countries that are growth trajectory of exports to the The ongoing work is promising to bring in need under the “Vaccine Maitree” next level. Big data analytics are pitted about superlative transformation. initiative. Having said this, I would as key technologies for assisting firms I finally rest my pen with Hon’ble like to comment that it is a matter of in streamlining their supplier selection Prime Minister, Narendra Modi’s concern that the second wave of the processes and logistics, especially reassuring lines “The post COVID-19 COVID-19 pandemic is engulfing India through automation and the internet will be about relearning, rethinking , with cases re-emerging in some states of things. re-innovating and re-investing in almost including Maharashtra, Kerala, Punjab, Going ahead, demand creation will every field” which resonates extremely Karnataka, Gujarat, Tamil Nadu and have a multiplier effect on enhanced well with Mahatma Gandhi’s quote, Delhi. There is a need to hasten the production possibilities, expansion “We may stumble and fall, but shall rise vaccination uptake in all parts of the of employment in factories and again.” I am confident that India shall country covering all sections of the of capital investments leading to emerge as a leader amongst the world population in order to arrest the spread overall enhancement of the Indian economies and the PHD Chamber, of COVID pandemic. I also call upon economy. The increased spending in continuation with this mindset, all stakeholders and citizens to defeat on infrastructure and the IT sector will always be a pillar of strength for the menace of the ongoing pandemic is likely to rejuvenate the aggregate industry and remain in full support by getting ourselves vaccinated and demand in the economy and mitigate and solidarity with the government following social distancing norms. the daunting impact of COVID-19. Also, to create a New India, an economic We appreciate the Ministry of there is a need to lower interest rates powerhouse in times soon to come. Finance releasing Rs. 45,000 crores for consumers and businesses, lesser as additional devolution to States in compliances for MSMEs vis-à-vis ease FY 2020-21 in the true spirit of fiscal of doing business and economize taxes federalism. This sum comes as a respite to increase the personal disposable for State Governments who have been income of the people.

Sanjay Aggarwal President, PHDCCI

PHD Chamber Bulletin | April 2021 7 8 PHD Chamber Bulletin | April 2021 CAW

L- R: Mr. Nitin Gadkari, Hon’ble Minister for Road Transport and Highways; Mr. I K Pandey, Special Secretary and Director General (Road Development), Ministry of Road Transport and Highways; Mr. Sanjay Aggarwal, President, PHD Chamber; Mr. Pradeep Multani, Senior Vice President, PHD Chamber; Mr. Sudhir Hoshing, Chair, Infrastructure Development Committee, PHD Chamber; Mr. Ashish Wig, Mentor, Infrastructure Development Committee, PHD Chamber; Mr. Saurabh Sanyal, Secretary General, PHD Chamber and Dr Ranjeet Mehta, Deputy Secretary General , PHD Chamber National Roads & Highways Summit

he Infrastructure Development development of Roads and Highways construction of 34 KM / Day in Committee of PHD Chamber infrastructure which would lead to the current financial year despite Torganized a Virtual National reduction in trade and transaction the disruption caused due to the Roads and Highways Summit on March costs and boost the overall growth pandemic. 24, 2021. The focus of this summit was of the Indian Economy. He also Mr. Sudhir Hoshing, Chair, on creation of Green Infrastructure mentioned that the development Infrastructure Development in the country. Mr. Nitin Gadkari, of Green Infrastructure and the Committee, PHD Chamber in his Hon’ble Minister of Road Transport use of green technologies in roads industry perspective mentioned and Highways and Minister for Micro, and highways development would that Green Infrastructure needs the Small and Medium Enterprises, was enhance transportation functionality engagement of local communities the chief guest at the Virtual Summit. with ecological sustainability. for success and there is a need to Mr. Sanjay Aggarwal, President, Mr. Pradeep Multani, Senior Vice make sure that while planning and PHD Chamber in his welcome address President, PHD Chamber applauded designing the green highway projects, appreciated the steps taken for the the efforts of Mr. Gadkari, Hon’ble the emphasis is on maintaining and Infrastructure Sector in the Union Minister for Road Transport and preserving the biodiversity . Budget 2021, especially for the Highways for achieving the record

PHD Chamber Bulletin | April 2021 9 CAW

Chief Guest, Mr. Nitin Gadkari, Hon’ble Minister for Road Transport and Highways mentioned that while the economy has been the area of focus for any government, there is also need to develop water, power, transport, and telecom which are vital areas for the industrial development and growth of capital investment; which ultimately leads to employment generation and eradication of poverty. He further emphasized that if India has to become an economic super power and build an AatmaNirbhar economy, it should develop world- class infrastructure. He illustrated that Green infrastructure in line with the triple bottom line framework of people, planet, and profits is the base for environmental, social and economic sustainability. He further informed that In the current financial year 2020-21, the Ministry of Road, Transport and Highways constructed national highways at the rate of 34 KM / Day and by the end March, this will go up to 40 KM/Day. There is significant work being done for road connectivity with the help of the Golden Quadrilateral project; National Highways Development Programme; L - R : Mr. Akhilesh Kumar Srivastava, Chief General Manager (IT & CO) and COO-IHMCL – Tech, Bharatmala Pariyojana; Setu Bharatam National Highways Authority of India (NHAI); Mr. Harsh Pareek, Regional Sales Director, India & SAARC, Trimble Solutions India; Mr. Rogier Roelvink, Customer Strategy Director, Oracle Construction program and Sagar Mala project. and Engineering (Aus); Mr. Sanjib Chaudhury, Chief Technology Officer, VaaaN Infra Pvt. Ltd.; Mr. Mr. I K Pandey, Special Secretary Satish Pandey, Principal Scientist,CSIR- Central Road Research Institute; Mr. K Sitaramanjaneyulu, Chief Scientist – Pavement Evaluation, Central Road Research Institute (CRRI) and Mr. S. K. Sethi, and Director General (Road Founder & Chief Executive Officer, Insurance Foundation of India. Development), Ministry of Road Transport and Highways, highlighted the government initiatives towards Committee, PHD Chamber said that The inaugural session was creation of Green Infrastructure in there was need to integrate green followed by Technical Session on the terms of Roads & Highways. concepts into the transportation theme “Technology and Design in Mr. Ashish Wig, Mentor, planning, design, construction, and Infrastructure” and Panel discussion Infrastructure Development operation processes. on “ Current Scenario – Issues and Policy Outlook”.

India hosts First Meeting of BRICS Finance Ministers and Central Bank Governors

India hosted a virtual Meeting of BRICS Finance Ministers and Central Bank Governors recently. The meeting was jointly chaired by Hon’ble Union Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman and Hon’ble Governor, Reserve Bank of India, Mr. Shaktikanta Das. Participants included Finance Ministers and Central Bank Governors of the BRICS countries. As 2021 BRICS Chair, India’s approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation and Consensus. BRICS Finance Ministers and Central Bank Governors discussed financial cooperation agenda set by India for 2021 - Global Economic Outlook and Response to COVID-19 pandemic, New Development Bank (NDB) Activities, Social Infrastructure Financing and Use of Digital Technologies, Cooperation on Customs related issues, IMF reforms, Fintech for SMEs and Financial Inclusion, BRICS Rapid Information Security channel and BRICS Bond Fund. On the BRICS priorities and agenda for 2021, Hon’ble Finance Minister Ms. Sitharaman informed that the efforts should be made towards delivering outcomes that reflects the needs and aspirations of BRICS in particular and emerging markets and developing economies in general.

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Atmanirbhar Bharat

he Parliamentary Forum of Mr. Sudhir Gupta, while discussing Mr. Gupta also touched upon PHDCCI organized an interactive the problems and issues faced in significant contributions of women Tsession on ‘Atmanirbhar Bharat’ Madhya Pradesh mentioned that the entrepreneurs in India’s growth and with Mr. Sudhir Gupta, Member of state has improved in agriculture and development and the government’s Parliament (Lok Sabha), Mandsaur, has uplifted the rural conditions as efforts towards effective water supply Madhya Pradesh (BJP) on March 8, well. He also mentioned that the State management. 2021. is focusing on the MSME sector and Mr. Pradeep Multani, Senior Vice Mr. Sanjay Aggarwal, President, generating employment. He pondered President, PHDCCI while delivering PHDCCI in his presidential address upon various opportunities for small- the vote- of -thanks to the delegates, deliberated about the importance scale industries and entrepreneurs mentioned that we are confident that of the country to be self-reliant and leading to India’s growth & India will achieve the target of US$5 how this has become the mantra development and establishment of trillion economy by 2024 with the to strengthen the economy. He a supply chain as a necessity for the vision of Aatmanirbhar Bharat and the mentioned that the country needs growing MSME sector. measures taken for the upliftment of to focus and work upon the 5 pillars He also emphasized on the need various sectors of the economy. for Self-Reliant India i.e. economy, to focus on self-help groups and a Mr. Rakesh Gupta, Chairman- infrastructure, system, demography skilled workforce. He mentioned that Parliamentary Forum, PHDCCI while and demand. our nation needs to come together moderating the technical session, Mr. Aggarwal shared that to encourage local businesses as discussed the importance of making agriculture has been the strength for well as products and stressed on the India Aatmanirbhar, which will lead to the growth of the economy and has importance of increased advertising employment generation and growth led to a boost in the demand. He also for promoting ‘Vocal for Local’. of the nation. added that the New Education Policy Talking about the agriculture The webinar was moderated by Dr (NEP) announced by the government sector, he lauded the efforts made by Yogesh Srivastav, Assistant Secretary will play a key role in creating a self- the government for the upliftment General, PHDCCI and was supported reliant India and open up the education of the sector with the integration by Asha Confectionary, MP. sector for facilitating greater global of digital services connecting it to exposure for Indian students. the baseline and to the industry.

PHD Chamber Bulletin | April 2021 11 CAW

PHDCCI International Week

he PHDCCI International Affairs Ltd. were the co-sponsors for the highlighted that there will be a move & Trade Fairs Division with the event. towards realigning supply chains, Tsupport of Ministry of External As a part of PHDCCI International re-risking and realigning investment Affairs organized the “PHDCCI week, the following concurrent flows and economic ties. International Week”, March 15-19, events were also organized such as Dr Manoj Pant, Director, Indian 2021 wherein each day focused on Global Residency and Citizenship Expo Institute of Foreign Trade, New Delhi India’s Economic and Trade relations (GRACE), Global Real Estate Expo mentioned that the world has gone with one region and deliberated (GRE), Global Trade and Investment beyond WTO imperative and trade upon the Business Opportunities and ExCon (GTI), International Conference needs to become more regionally Challenges faced by the Industry & on Tube Manufacturing (ICTM), connected via the international supply Stakeholders while doing business in Warsaw Print and Packing Expo and chain. the region. India-Germany B2B Meet. Mr. Gagan Gupta, Co-Founder, The entire week witnessed Inaugural Session of the “PHDCCI ARISE, UAE discussed the new trends participation from more than International Week” that emerged due to this pandemic 40 countries and around 90 plus The inaugural session on March 15, which included the increasing need for exhibitors showcased their products 2021 witnessed the gracious presence global supply to rave. and services in the virtual exhibition of Mr. Rahul Chhabra, Secretary area. The event witnessed a physical Day 1: India-East Asia & Oceania Day (Economic Relations), Ministry of participation of 20 Heads of Foreign themed as “STRENGTHENING INDIA External Affairs; Mr. Anup Wadhawan, Missions in India and over 35 Heads of - EAST ASIA & OCEANIA: CHANGING Commerce Secretary, Department Indian Missions and Foreign Missions DYNAMICS OF INDIAN RELATIONS of Commerce, Ministry of Commerce attended the event virtually. Over 500 was organised on March 15, 2021 which and Industry; Dr Manoj Pant, Director, industry members and students from focussed on policy-relevant research Indian Institute of Foreign Trade, India the academia physically attended the and changing security dynamics in and Mr. Gagan Gupta, Co-Founder, event throughout the week. The event East Asia & Oceania. The session ARISE, UAE. had a remarkable visitor registration reviewed the significant trends and of more than 5000 delegates. Mr. Rahul Chhabra, Secretary developments and analysed major (Economic Relations), Ministry of political, strategic, economic and Arise Integrated Industrial External Affairs, emphasized that the social developments within the region. Platforms was the strategic sponsor Ministry is working on 3Ts i.e. trade, The Session witnessed the gracious for the event. Ayusya Naturals, tourism, and technology which are presence of H.E. Mr. David Pine, High Apeejay Stya Group, Filatex India the focus areas and facilitate foreign Commissioner, High Commission of Limited, Living Luxuries, MEFCOM investment flows into India. New Zealand; H.E. Mr. Barry Robert Capital Markets Ltd., Uflex Limited, Mr. Anup Wadhawan, Commerce O’ Farrell, High Commissioner of PG Industry Limited, DP World, Jaguar Australia and H.E. Mr. Muktesh K. Overseas, Syenergy Environics and Secretary, Department of Commerce, Ministry of Commerce and Industry, Pardeshi, High Commissioner of India, Speciality Merchandising Services Pvt. New Zealand.

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Day 1, Session 2: India-South East Industry. The session focused on reliance and sustainability. The Asia Day themed as “STRENGTHENING potential areas for improvements in session witnessed the gracious INDIA - SOUTH EAST ASIA: PROJECT the trade relations post pandemic to presence of Mr. Kamlesh Kumar PARTNERSHIP THE WAY FORWARD” boost trade.The Session witnessed Agarwal, Vice President, Nepal was organized on March 15, 2021 the gracious presence of H.E. Dr Chamber of Commerce; Ms. Upekkha and envisaged the current economic Roger Gopaul, High Commissioner, Samaratunga, Minister (Commercial), relations and projects to strengthen High Commission of Trinidad & High Commission of Sri Lanka and H.E. links with South-East Asia and ways Tobago; H.E. Mr. Giovanni Castillo, Mr. Nilamber Acharya, Ambassador of enhancing regional engagements. Ambassador, Embassy of the Republic Extraordinary and Plenipotentiary, The Session witnessed the gracious of Guatemala; H.E. Mr. Claudio Embassy of Nepal. presence of H.E. Mr. Ramon S. Ansorena, Ambassador, Embassy of Day 4, Session 2 India-MENA Day Bagatsing Jr., Ambassador, Embassy of the Republic of Costa Rica; H. E. Mr. themed as “INDIA-MENA: THE NEW Philippines; H.E. Mr. Pham Sanh Chau, Fleming Raul Duarte, Ambassador, DYNAMICS” organized on March Ambassador, Embassy of Vietnam; Embassy of the Republic of Paraguay; 18, 2021 focused on the changing H.E. Mr. Dato Hidayat Abdul Hamid, H.E. Mr. Suresh K. Reddy, Ambassador dynamics of the relationship. The High Commissioner, Malaysia and of India, Federal Republic of Brazil; session also explored the geopolitical H.E. Ms. Suchitra Durai, Ambassador H.E. Mr. Dinesh Bhatia, Ambassador of dimensions, economic ties, & PR to UNESCAP, Embassy of India, India, Argentina, Uruguay & Paraguay; transnational networks and the other Thailand. H.E. Mr. M Subbarayudu, Ambassador, aspects of India’s links with the MENA Day 2: India-Europe Day themed Embassy of India, Peru, Bolivia; H.E. Mr. countries for deepening existing ties as “STRENGTHENING INDIA-EUROPE Upender Singh Rawat, Ambassador, and broadening the parameters of ECONOMIC RELATIONS THE WAY Embassy of India to Panama, Costa cooperation. The session witnessed FORWARD” organized on March Rica and Nicaragua and H.E. Mr. Sanjiv the gracious presence of H.E. Dr Ahmed 16, 2021 focused on promoting two Ranjan, Ambassador, Embassy of A R Albana, Ambassador, Embassy of way trade between India and Europe India, Columbia-Ecuador. the United Arab Emirates; Mr. Abdulla & CIS and the potential areas to Day 3, Session 2: India-Americas Bin Damithan, Chief Commercial strengthen the bilateral relationship Day themed as “India- USA BUSINESS Officer, DP World, UAE; Mr. Aditya which paves way for greater co- TALK” organized on March 17, 2021 Berlia, Co-Promoter, Apeejay Stya operation and new avenues for focused on the current economic and Svran Group; Dr Rajendra Prasad International co-operation in order to relations and business opportunity: Sharma, Professor- Marketing Area, strengthen the strategic partnership. Challenges and Opportunity to Indian Institute of Foreign Trade; H.E. The Session also envisaged the strengthen links with United States. Mr. Punnet R Kundal, Ambassador, current economic relation between The session covered important topics Embassy of India, Tunisia and H.E. India & European nations and dwelt such as Business and Investment Mr. Munu Mahawar, Ambassador, upon the ways and means to further opportunities in USA, Indian migration Embassy of India, Oman. strengthen the economic and trade to USA, Visa to USA - Navigating the U.S. Day 5: India-Africa Day themed relations. The Session witnessed Visa Landscape.The Session witnessed as “INDIA-AFRICA: PROJECT the gracious presence of H.E. Mr. the gracious presence of Ms. Brenda PARTNERSHIP-THE WAY FORWARD” Francois Delhaye, Ambassador, Royal Vanhorn, Principal Commercial Officer, organized on March 19, 2021 Embassy of Belgium, India; H.E. Mr. Mumbai, U.S. Commercial Service; Mr. focused on a broad framework of Milan Hovorka, Ambassador, Embassy Steve Gervasio, Managing Director, collaboration on a bilateral, regional, of Czech Republic, India; H.E. Mr. Aled Partners; Mr. Amit Mathur, and intraregional or inter regional AseinIsaev, Ambassador, Embassy of CEO, World Trade and Immigration basis. The session addressed the ways the Kyrgyz Republic, India; H.E. Mr. Network; Dr Manoj Kumar Mohapatra, in which India & Africa can remodel Reuben Gauci, High Commissioner, Minister (Commerce), Embassy of excellent bilateral relations in a global Malta High Commission, India; H.E. Dr India, Washington, USA; Mr. Aseem R matrix. The Session witnessed the Marjan Cencen, Ambassador, Embassy Mahajan, Consul General, Consulate gracious presence of Mr. Jasveer of the Republic of Slovenia, India; H.E. General of India, Houston; Ms. Singh, Chief Development Officer, Mr. Adam Burakowski, Ambassador, Swati Vijay Kulkarni, Consul General, ARISE, UAE; Dr Rajendra Prasad Embassy of Poland, India; H.E. Mr. Consulate General of India, Atlanta; Sharma, Professor- Marketing Area, Jaideep Mazumdar, Ambassador, Mr. Randhir Jaiswal, Consul General, Indian Institute of Foreign Trade; Embassy of India, Austria; H.E. Mr. Consulate General of India, New Mr.Mahesh Patel, Founder & Chairman, Santosh Jha, Ambassador, Embassy York; Dr T.V. Nagendra Prasad, Consul Export Trading Group, Tanzania; Mr. of India, Belgium & Luxembourg & EU General, Consulate General of India, Sebastian Beliwine, Charge d’ Affaires, and Mr. Sandeep Chakravorty, Joint San Francisco, California and Mr. Amit Ghana High Commission; H.E. Ms. Secretary (EW), Ministry of External Kumar, Consul General, Consulate Judith Kan’gomaKapijimpanga, High Affairs. General of India, Chicago. Commissioner, High Commission Day 3, Session 1: India-Americas Day Day 4, Session 1: India-South Asia of Zambia; H.E. Mr. Anjani Kumar, themed as “GRULAC - INDIA BUSINESS Day of PHDCCI International Week Ambassador, Embassy of India, Mali; TALK” organized on March 17, 2021 themed as “INDIA-SOUTH ASIA: H.E. Mr. Sugandh Rajaram, High primarily focused on sector specific SUSTAINABLE ECONOMIC GROWTH” Commissioner of India to Ghana and business discussions between the on March 18, 2021 addressed the Mr. Amararam Gurjar, IFS, Director (E Group of Latin Americas & Caribbean existing challenges and enhanced & SA), Ministry of External Affairs. Countries (GRULAC) and the Indian their resilience, inclusiveness, self-

PHD Chamber Bulletin | April 2021 13 CAW

Global Residency and Citizenship International Conference on Tube Care products such as body care, and Global Real Estate Virtual Expo Manufacturing (ICTM) hair care, beauty products, etc. The (GRACE and GRE 2021) The Packaging Committee of PHDCCI panellists participated from several with the support from the Ministry of big brands such as Colgate Palmoliv, PHD Chamber organized the second Micro, Small and Medium Enterprises Ranbaxy, Ayur, Multani, Jovees, edition of “Global Residency and (MSME) organized India’s first ever Emami etc. as well as senior officials Citizenship and Global Real Estate conference exclusively for the Tube from Bureau of Indian Standards Virtual Expo (GRACE and GRE 2021)” Sector “International Conference and Quality Council of India. Amazon on March 18 - 19, 2021. The Hybrid Expo on Tube Manufacturing (ICTM)” on supported the event and actively had connected real estate, residency March 18 – 19, 2021 as part of PHDCCI participated in the deliberations. The and citizenship facilitators in reaching INTERNATIONAL WEEK. The inaugural panelists included Ms. Nagamani T, out to new potential India investors session was held on March 18, 2021 Scientist-E & Head, PCD, Bureau of at the click of a button sitting in your in Hybrid Mode at PHD House, New Indian Standards; Mr. Mrutunjay Jena, home or office. It aided in engaging Delhi. The session witnessed the Director (NABCB), Quality Council with facilitators, agents, investors, gracious presence of Dr Tanweer of India; Dr Tanweer Alam, Director, network with industry colleagues and Alam, Director, Indian Institute of Indian Institute of Packaging; Mr. expand your customer base through Packaging (IIP); Mr. Sanjay Bhatia, Mrunmay Mehta, Category Leader, this Hybrid Platform which is being Former President, PHDCCI and Former Beauty, IN Consumables, Amazon offered by PHDCCI. Chairman, Indian institute of Packaging India; Ms. Kajal Anand, Former President, All India Cosmetic The Hybrid expo was sponsored and Managing Director of Hindustan Manufacturers Association; Mr. by CMB Regional Centers, EB5 Tin Works Ltd.; Mr. Miroslov Hinkov, Sukhdev Singh Saini, Packaging Lead, Market Place, First Pathway Partners, Managing Director, Mechatronica Colgate Palmoliv India; Mr. Shrikrishna Golden Gate Global, Green Mountains from Bulgaria; Mr. Hans J. Steurer, Prabhu, Global Consultant - Packaging Regional Center and Pine State Director, Business Innovation, PackSys & Innovation, Former Global Technical Regional Center. The Associate Global AG from Switzerland and Mr. Services & Pkg. Manager (Colgate Partners was Golden Visa Greece by Daniel Kohlenbrenner, Polytype AG Palmolive); Mr. Rahul Bhargava, Energopiisi. The Session Partner was from Switzerland. Former Sr. Director, Ranbaxy Embassy of Estonia. The Conference Roundtable on Promoting Product Laboratory; Mr. Deepinder Singh Partners were Arton Capital, Henley Trust in Personal Care Narang, Director, Romana Herbalcare & Partners, Sterling Finance (UK) Ltd, PHDCCI Packaging Committee Pvt. Ltd.; Mr. Sameer Kant Ahuja, Migrate World. Invest in the USA organized a Key Stakeholders Chief Manager-Regulatory, Multani (IIUSA), Ajmera Law Group, Krypton Roundtable on “Promoting Product Pharmaceuticals Ltd.; Mr. Pradeep Global Investments, Acquest Advisors Trust in Personal Care” on March Pandey, Emami India and Ms. Rakhi and the Lakhani Group were the 19, 2021 (VIRTUAL). The Roundtable Sharma, Vice President, Marketing & Supporting Partners. discussion exclusively focused on E-Commerce, Jovees India. Promoting Product Trust in Personal

GLOBAL ECONOMIC MONITOR Global economic prospects have significantly improved in recent months, supported by the gradual deployment of effective vaccines, announcements of additional fiscal support in some countries, and signs that economies are coping better with measures to suppress the virus. According to OECD Economic Outlook, March 2021, the Global GDP growth is projected to be 5.6 per cent in 2021 and 4% in 2022, with global output rising above the pre-pandemic level by mid-2021.Strict containment measures could hold back growth in some countries and service sectors in the near term, while others will benefit from effective public health policies, faster vaccine deployment and strong policy support.

Economic health of manufacturing sector, as implied by manufacturing PMI, showed an increasing trend in major economies in March 2021. The US Manufacturing PMI was revised slightly higher to 59.1 in March of 2021 from a preliminary of 59, pointing to the second-highest growth in factory activity on record. Euro zone Manufacturing PMI was revised higher to 62.5 in March 2021, from a preliminary estimate of 62.4 and well above February’s 57.9, suggesting operating conditions improved to the greatest degree in nearly 24 years of survey history. India Manufacturing PMI decreased to 55.4 in March 2021, the lowest since last August, from 57.5 in the previous month. Core inflation in most of the major economies recorded an increasing trend in February 2021 as compared to the previous month. The inflation in United States, Germany, Italy, Japan, China and India edged up, while inflation eased in United Kingdom and South Africa in February 2021. Trade balance in major economies in the global ecosystem recorded an improving trend.

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glimpses of PHDCCI International Week

Day 1, Session 1: India-East Asia & Oceania Day

Day 1, Session 2: India-South East Asia Day

Day 2: India-Europe Day

PHD Chamber Bulletin | April 2021 15 CAW Day 3, Session 1: India-Americas Day

Day 3, Session 2: India-Americas Day

16 PHD Chamber Bulletin | April 2021 CAW Day 4, Session 1: India-South Asia

Day 4, Session 2: India-MENA Day

PHD Chamber Bulletin | April 2021 17 CAW Day 5: India-Africa Day

Global Residency and Citizenship and Global Real Estate Virtual Expo (GRACE and GRE 2021)

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International Conference on Tube Manufacturing (ICTM)

Roundtable on Promoting Product Trust in Personal Care

CBDT notifies New Income Tax Return Forms for AY 2021-22 The Central Board of Direct Taxes has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2021-22. Keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change have been made to the ITR Forms in comparison to the last year’s ITR Forms. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler Forms that cater to a large number of small and medium taxpayers. Sahaj can be filed by an individual having income upto Rs. 50 lakh and who receives income from salary, one house property / other sources (interest etc.). Similarly, Sugam can be filed by individuals, Hindu Undivided Families (HUFs) and firms (other than Limited Liability Partnerships (LLPs)) having total income upto Rs. 50 lakh and income from business and profession computed under the presumptive taxation provisions. Individuals and HUFs not having income from business or profession (and not eligible for filing Sahaj) can file ITR-2 while those having income from business or profession can file ITR Form 3. Persons other than individual, HUF and companies i.e. partnership firm, LLP etc. can file ITR Form 5. Companies can file ITR Form 6. Trusts, political parties, charitable institutions etc. claiming exempt income under the Act can file ITR-7. The notified ITR Forms are available on http://egazette.nic.in/WriteReadData/2021/226336. pdf.

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Bangladesh to strengthen furthermore which will help businesses to recover BANGLADESH PRINTPACK strongly. Dr Pramyesh Basall, Commercial Representative, High Commission of INTERNATIONAL EXPO 2021 India, Bangladesh highlighted that India and Bangladesh share historical, civilizational and cultural ties. The he International Affairs and steadily over the last decade with frequent bilateral visits by the leaders Trade Fairs Division of PHDCCI India’s exports to Bangladesh in FY of the two countries constitute the Tin association with Futurex 2019-20 stood at US$ 8.20 billion and hallmark of the ties. The improved Trade Fair & Events Pvt. Ltd. imports from Bangladesh during the connectivity between India and organized the Inaugural Session of same period were US$1.26 billion. Bangladesh could increase bilateral the Virtual BANGLADESH PRINTPACK Mr. Prem Anveshi, Managing trade between the two countries. INTERNATIONAL EXPO 2021 on Director, Futurex Trade Fair & Events Dr Basall reiterated that Packaging March 10, 2021. The Expo was held Pvt. Ltd. highlighted that Virtual Industry is an important sector driving from March 10 – 13, 2021 covering Exhibition is a cost effective solution innovation, growth and adding value Packaging, Printing, Paper, Plastics to help industries to connect with to agriculture and FMCG segments. and Processing sector. The India increasingly larger audience during He further highlighted that companies Pavilion was organized by PHDCCI the current time and creating from both sides should work together with the support of Ministry of opportunities to connect globally. towards a good partnership. Commerce and Industry. Mr. Mohammad Mahfuzul Hoque, The inaugural session was Mr. Naveen Sardana, Chair, CEO, Federation of Bangladesh moderated by Mr. Rakesh Sangrai, International Affairs Committee for Chambers of Commerce and Industry Secretary, PHDCCI and witnessed South Asia, PHDCCI in his welcome congratulated PHDCCI for the the participation of more than 200 remarks mentioned that Bangladesh initiative. He shared his views on Industry members from Bangladesh is India’s biggest trade partner in Printing and Packaging opportunities and India. South Asia. Bilateral trade between and the scope of collaboration & India and Bangladesh has grown cooperation between India and

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Interactive Session with Agriculture Solution Providers from Israel

he Agribusiness Committee of companies who made presentations and its growth story will provide PHD Chamber in association about their technologies were an impetus to enhance the role of Twith Economic and Commercial ClimaCell, Tal-Ya, AgriTask, Agriot, foreign investments in economic Mission to New Delhi, Embassy of Manna Irrigation and Adama. development in the future. Israel organized a “Virtual Interactive Mr. Pradeep Multani, Senior Ms. Natasha Zangin, Counsellor, Session with Agriculture Solution Vice President, PHD Chamber in his Head of Economic & Commercial Providers from Israel” on February 11, presidential address talked about Indo- Mission, Israel Embassy interacted 2021. Israel Economic relationship. India and with the Indian Agriculture companies. The objective of the session was to Israel share a unique partnership in the Ms. Mallika Verma, Director promote technology collaboration in field of Agriculture, Agri-technology Agribusiness Committee, PHD the area of agriculture for benefitting & innovation. He further stated that Chamber and Mr. MotiPatriano, Indian farmers and contributing to India’s business environment and Manager, Agro-Tech Sector, Israel the nation’s objective of doubling the policy framework on foreign Export Institute moderated the farmers’ incomes by 2022. The Israeli investments will continue to improve session.

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Inaugural Session of the Virtual Sri Lanka 5P International Expo

HDCCI International Affairs Dr Rakesh Pandey, First Secretary has been a constant rise in imports and Trade Fairs Division in (Economic and Commercial), High and exports between India and Sri Passociation with Futurex Trade Commission of India, Sri Lanka Lanka. The government is focusing on Fair & Events Pvt. Ltd organized underlined the need to expand the economic and strategic engagements the inaugural session of the virtual wide-ranging bilateral cooperation to uplift the domestic industries to Sri Lanka 5P International Expo on between India and Sri Lanka to joint venture collaborations and to February 23, 2021. The Expo was held effectively address the unprecedented increase FDI flow to Sri Lanka. from February 23 – 26, 2021 covering challenges created by the COVID-19 Talking about Sri Lanka’s printing Packaging, Printing, Paper, Plastics pandemic. He also mentioned that and packaging industry, he mentioned and Processing sector. The India 2021 will be the year for recovery that the industry provides a vast Pavilion was organized by PHDCCI with and India- Sri Lanka will work closely range of products and services to the the support of Ministry of Commerce together for long-term business export market. Due to the pandemic, and Industry. engagements. Private companies there is a shift in the business models Mr. Saurabh Sanyal, Secretary need to forge partnerships that will and trends. Nonetheless, Sri Lanka’s General, PHDCCI while welcoming help in integrating supply chains printing and packaging industry is the dignitaries mentioned that Sri and strengthen bilateral trade and equipped to handle these changes, Lanka is India’s one of the largest economic ties. future trends, and demands with the trading partner in SAARC while India Mr. Keerthi Gunewardane, adaption of latest technology and is Sri Lanka’s largest trading partner Senior Vice President, Federation of practices. globally. He discussed the products Chambers of Commerce and Industry, Mr. Naveen Sardana, Chair, of Indian imports from Sri Lanka that Sri Lanka highlighted that India and Sri International Affairs Committee for include mineral fuels, mineral oils, and Lanka have implemented free trade South Asia, PHDCCI, delivered the products of their distillation, copper agreements which have created open vote- of- thanks and deliberated that it articles, tea, coffee, wood pulp, etc. dialogue of trade and investment is the opportune time for the business He also mentioned that India is one opportunities to build upon the communities of both the nations to of the largest contributors to FDI historic ties that both the countries work in closer cooperation with each in Sri Lanka. Sri Lanka’s exports to share. other and leverage upon the strong India have increased substantially Mr. Niluka Kadurugamuwa, Deputy foundation of friendship laid by our during the past many years. The main High Commissioner, High Commission ancestors. investments from India in Sri Lanka of Sri Lanka, New Delhi, India The inaugural session was are in the areas of petroleum, retail, highlighted that 5P is a vital sector moderated by Mr. Naveen Seth, tourism and hotels. driving technology and innovation Assistant Secretary General, PHDCCI. Mr. Prem Anveshi, Director, growth and adding value to the supply The expo had over 45 Indian Futurex Trade Fair & Events Pvt. chain and manufacturing products in exhibitors displaying their products Ltd. highlighted the significance of terms of sustaining economic activity. and services. https://5pvirtualexpo. packaging industry since ancient times He also mentioned that there com/enter/ to visit the exhibition. to the economy of India and Sri Lanka.

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The New Paradigm in India - Sri Lanka Tourism Post COVID-19

he International Affairs & Trade government’s focus on infrastructure, Mr. Pronab Sarkar, President, Fairs Division and Tourism tourism in India has become a better Indian Association of Tour Operators TCommittee of PHDCCI jointly experience. We need to leverage road mentioned that tourism is an economic organized a virtual session on “The travel that makes the journey very activity and without the movement of New Paradigm in India - Sri Lanka fascinating in a different way. India the tourists this economic activity is Tourism Post COVID- 19” on February has immense varieties of textiles, not possible. India and Sri Lanka have 24, 2021. food, and heritage sites. Talking a deep-rooted relationship and we The webinar was organized with about India and Sri Lanka’s tourism, need to look at the ease of doing visas. an objective to primarily focus on she deliberated that it’s interesting Mr. Sanath Ukwatte, Chairman, short to medium-term strategies to see the high cultural integrity and The Hotels Association of Sri Lanka which need to be adopted to restart connection between the two nations. while giving an overview on the hotel and promoting Tourism in both the Mr. S. Hettiarachchi, Secretary, industry in Sri Lanka, mentioned that countries. Ministry of Tourism, Government of Sri Lanka is looking at the Indian Mr. Rajan Sehgal, Chairman – Skill Sri Lanka highlighted the relationship market very actively due to its & Education, PHDCCI while welcoming between India and Sri Lanka is more connectivity. the delegates highlighted that the than 2,500 years old. India is the Mr. Ravindran Veeraperumal, current Pandemic has provided us an largest sourcing market for Sri Lankan Regional Manager - India and opportunity to rethink how the future tourism. Tourism is a vital economic Bangladesh, Sri Lankan Airlines of travel & tourism can be shaped for sector for Sri Lanka, accounting for mentioned that the airline is operating the better. about 5% of its GDP. He mentioned cargo flights between Sri Lanka and that the tourism sector forms a link Ms. Rupinder Brar (IRS), Additional India. He mentioned that the airline between India and Sri Lanka. He Director General, Ministry of Tourism, is looking forward to bubble flights discussed the schemes launched underlined that the outlook for which will help to mobilize flights to for promoting tourism between the the tourism sector remains highly Sri Lanka. nations. uncertain. The COVID-19 pandemic Mr. Naveen Sardana, Chair, continues to affect the sector very He further mentioned that International Affairs Committee for badly and specifically foreign travel. sustainability is a key driver to preserve South Asia, PHDCCI delivered the She highlighted that the travel and conserve the islands and cultural vote- of- thanks to the delegates. heritage to safeguard the destination bubble arrangement being worked The session was moderated by Dr for people and visitors for the long out between Sri Lankan and Indian Jatinder Singh, Director, PHDCCI and term. As both the countries shared authorities will pave the way for a witnessed the participation of more the sea route, the potential to develop steady flow of Indian visitors back to than 150 industry stalwarts from India tourism via sea can be considered. Sri Lanka for building more resilient and Sri Lanka. and sustainable tourist flow. He informed that the bubble flight will soon start between India and Sri She mentioned that with the Lanka.

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Hunar Haat 2021

HD Chamber under the aegis of its State Development Council Ppartnered with the Maulana Azad National Academy for Skills (MANAS), Ministry of Minority Affairs, for its flagship program, Hunar Haat, January 22-February 07, 2021 at Avadh Shilpgram, Lucknow. PHDCCI is an Empanelled Institution with MANAS and National Minorities Development & Finance Corporation (NMDFC), Ministry of Minority Affairs. The 24th Hunar Haat offered the platform for showcasing indigenous products of artisans and craftsmen from 31 States and Union Territories of India. The Ministry of Minority Affairs, organized the 24th Hunar Haat on the theme “Vocal for Local”. Uttar Pradesh Chief Minister Shri Yogi Adityanath formally inaugurated the “Hunar Haat” on January 23, 2021. Hunar Haat was also graced by Mr. Mukhtar Abbas Naqvi, Union Minister for Minority Affairs as well as several Ministers from Government of Uttar Pradesh that included Mr. Keshav Prasad Maurya and Mr. Dinesh Sharma, Deputy Chief Ministers, Uttar Pradesh; Mr. V K Saxena, Khadi and Village Industries Commission Chairman; Mr. Suresh Khanna, UP Finance Minister; Mr. Sidharth Nath Singh, Khadi and Village Industries and MSME Minister,

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Uttar Pradesh; Mr. Ashutosh Tandon, Urban Development Minister, Uttar Pradesh; Mr. Nand Gopal Gupta “Nandi”Civil Aviation and Minority Welfare Minister, Uttar Pradesh; Mr. Brajesh Pathak, Law and Justice Minister, Uttar Pradesh; Ms. Swati Singh, Women and Child Welfare Minister; Mr. Baldev Singh Aulakh, Jal Shakti MoS and Mr. Mohsin Raza, Muslim Waqf, Haj MoS. Mr. Mukhtar Abbas Naqvi, Union Minister for Minority Affairs, stated that the Ministry’s flagship initiative has become a “proud promoter” of Prime Minister Narendra Modi’s “Vocal for Local” campaign with people purchasing handmade products of indigenous artisans and craftsmen worth crores of rupees. About 500 artisans, craftsmen and culinary experts from all states displayed their exquisite handmade products. The visitors enjoyed traditional delicacies from different parts of the country. Also, renowned artists performed during the daily cultural events on the theme of “Aatmanirbhar Bharat.” Mr. Kailash Kher, Mr. Vinod Rathore, Ms. Shibani Kashyap, Mr. Bhupendra Bhuppi, Mirza Sisters, Mr. Prem Bhatia, Ms. Rekha Raj, Hamsar Hayat Group and Mr. Mukesh Pancholi enthralled the audience with their performances.

Dandi March as part of ‘Aazadi ka Amrit Mahotsav’ A 25 day long commemorative Dandi Padyatra as part of ‘Azadi Ka Amrit Mahotsav’ was held near National Salt Satyagraha Memorial, Dandi, Gujarat. ‘Azadi Ka Amrit Mahotsav’ to commemorate 75 years of India’s Independence, was flagged off by the Prime Minister, Mr. Narendra Modi from Sabarmati Ashram, on March 12, 2021.

Vice President, Mr M. Venkaiah Naidu graced the colourful closing ceremony on April 6, 2021. Addressing on the occasion, the Vice President said that Gandhi’s iconic Dandi Salt March was a watershed moment in our freedom struggle. Mr. Naidu said that it altered the course of history. “The Dandi March we are symbolically revisiting today signifies our nation’s ability to stay united when we are faced with challenges”, he said. The festival celebrates the rapid strides India has taken in the past 75 years. The Vice President said that it is a festival that encourages us to rediscover our hidden strengths and prompts us to take sincere, synergistic action to regain our rightful place in the comity of nations.

Addressing on the occasion, the Minister of State(IC), for Culture and Tourism, Mr Prahlad Singh Patel said that 91 years ago, Mahatma Gandhi started this journey for the awakening of self-reliance and self-respect of the country, and now 91 years later, the symbolic Dandi Yatra arks the revival of our journey of self- reliance and self-respect. The Minister also said that the purpose of repeating this historic journey is to tell the younger generation about how our generation achieved independence. Shri Patel further said that it is the responsibility of every citizen to make it a Jan Mahotsav through mass participation in Amrit Mahotsav. During the program, the Vice President also released the Special Envelopes on Geographical Indication (GI TAG) Products of Gujarat State Handicrafts Development Corporation. Mesmerising cultural performance by the folk artists from Sikkim, Chhattisgarh and Gujarat were also held.

PHD Chamber Bulletin | April 2021 25 Distinguished Speakers releasing the Knowledge Report titled ‘Harnessing Power of Heritage Tourism with Focus on Sustainability’ 10TH INTERNATIONAL HERITAGE TOURISM CONCLAVE Harnessing Power of Heritage Tourism with Focus on Sustainability

he Tourism Committee of PHDCCI organized the 10th TInternational Heritage Tourism Conclave on the theme ‘Harnessing Power of Heritage Tourism with Focus on Sustainability’ on March 12-13, 2021 at Welcom Heritage Ramgarh, Panchkula. The Conclave was supported by the Ministry of Tourism; Madhya Pradesh Tourism Board; Rajasthan Tourism; Haryana Tourism Corporation Ltd; InterGlobe Technology Quotient and Mr. P. P. Khanna, President, ADTOI; Mr. Jagdeep Singh Chandail, Senior Member, IHHA; Dr Shikha Indian Railway Catering and Tourism Jain, Convener, Haryana Chapter, INTACH; Ms. Shabnam Siddiqui, Executive Director, UNGCNI and Mr. Pankaj Parashar, Indian Film and Television Director Corporation Ltd. Building on the previous nine Embassy of the Czech Republic; Inaugurating the Conclave, Ms. editions, the Conclave deliberated on H.E. Mr. Thomas Selby Pillay, High Rupinder Brar (IRS), Additional how tourism and culture sectors can Commissioner, High Commission of Director General, Ministry of Tourism, work together more collaboratively the Republic of Seychelles; H.E. Dr said, “Heritage Tourism plays a crucial and increase public-private Marjan Cencen, Ambassador, Embassy role in building the visitor economy partnerships to ensure the protection of the Republic of Slovenia; H.E. and destinations should seek to of Cultural and Natural Heritage Mr. Pham Sanh Chau, Ambassador, maximize the opportunities it brings. while extending benefits to the local Embassy of the Socialist Republic of India currently has 38 UNESCO World communities. Vietnam and Mr. FerdyPiay, Charge Heritage Sites, a number we are The inaugural session was graced d’Affaires, Embassy of the Republic certain will grow in the years ahead. by Ms. Rupinder Brar (IRS), Additional of Indonesia. The Diplomats shared Each of these sites is a potential hub Director General, Ministry of Tourism; the heritage tourism potential of their for economic activity.” H.E. Mr. Milan Hovorka, Ambassador, respective countries.

26 PHD Chamber Bulletin | April 2021 She further added, “Besides World Heritage Sites, intangible cultural heritage too is a major driver of sustainable development. While tourism offers the most obvious source of revenue, every effort must also be made to develop urban infrastructure and revitalize other forms of heritage around these sites in order to build thriving local economies.” Ms. Brar mentioned that the Ministry of Tourism has been organizing a series of webinars While setting the theme of the Convener– Haryana Chapter, Indian under the theme ‘Dekho Apna Desh’, Conclave, Mr. Anil Parashar, Chairman, National Trust for Art and Cultural showcasing the diverse culture, Tourism Committee, PHDCCI, said, Heritage (INTACH); Ms. Shabnam heritage, destinations and tourism “We all are aware that COVID-19 Siddiqui, Executive Director, United products of the country. “We reaffirm has adversely impacted the Tourism Nations Global Compact Network our commitment to work with private industry. The government as well as India (UNGCNI); Mr. Jagdeep Singh stakeholders and other partners too,” the industry will need to rise to the Chandail, Senior Member, Indian she said. challenge of transforming top Indian Heritage Hotels Association (IHHA) In his presidential address, Mr. destinations as world class tourist and Mr. Pankaj Parashar, Indian Film Sanjay Aggarwal, President, PHDCCI, attractions.” and Television Director. said, “This conclave comes after a Mr. Rajan Sehgal, Co-chairman, The panelists highlighted that year-long virtual meetings, the Tourism Committee, PHDCCI, said, culture and heritage acts as an engine very thought of seeing everyone’s “Cultural Heritage – both tangible for tourism development which is truly presence today reconfirms my faith in and intangible are resources that sustainable and can look forward to the saying that ‘there is an opportunity need to be protected and carefully nourishing the balance of the universe in every adversity’. With international managed. It is fundamental that through tourism and culture. travel remaining largely out of bound tourism authorities study how best to A Heritage Walk was also to the travellers, domestic travel will develop these cultural heritage sites have its strong hold in the second organized at Pinjore Gardens for the while protecting and preserving them delegates to enjoy the heritage city of half of 2021, as more and more people for the long-term.” look inwards to explore their own Panchkula, not only as past, but as a homeland.” The domain experts in the panel living tradition led by Mr. Chandrakant discussion on ‘Generating momentum Kataria, Additional Managing Director, PHDCCI and its Knowledge for making India the global epicenter Haryana Tourism Corporation Ltd. Partner – ORG India jointly released a for Heritage Tourism’ included Mr. He shared the commitment of Knowledge Report titled ‘Harnessing P. P. Khanna, President, Association Government of Haryana in fostering Power of Heritage Tourism with Focus of Domestic Tour Operators of India private-public partnership for on Sustainability’. The report gives (ADTOI) as the moderator while improving tourism ecosystem. a holistic view on heritage tourism panellists included Dr Shikha Jain, across the world and in the country.

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L:R Dr Yogesh Srivastav, Assistant Secretary General, PHDCCI; Prof Bejon Kumar Misra, Chairman, Consumer Affairs, PHDCCI; Mr. Sanjay Aggarwal, President, PHDCCI; Mr. Peter Rimmele, Resident Representative to India, KAS and Mr. Saurabh Sanyal, Secretary General, PHDCCI World Consumer Rights Day 2021 Tackling Plastic Pollution

he Consumer Affairs & Public Health Committee, PHD TChamber organized a Hybrid Event on March 15, 2021 at PHD House, New Delhi on World Consumer Rights Day 2021. The theme of the event was Tackling Plastic Pollution. Mr. Sanjay Aggarwal, President, PHDCCI in his presidential address deliberated about the plastic pollution which is hampering the environment and the ecosystem. The Government is promoting, supporting, and handholding startups to work for biodegradable products as an alternate solution to plastic. He further Mr. Peter Rimmele, Resident be changed and it needs to start at the stated that some startups are working Representative to India, KAS level of the consumers, he added. in a very innovative manner for the discussed that the usage of plastics Guest of Honour, Ms. Leena existing plastic waste management. played a major role in degrading Nandan, IAS, Secretary, Department Prof Bejon Kumar Misra, Chairman, the entire ecosystem. Rapid growth of Consumer Affairs, Ministry of Consumer Affairs, PHDCCI urged in plastic production has increased Consumer Affairs, Food, & Public that the performance link incentives multifold times. Waste management Distribution mentioned that India should be given to practice zero use goals follow a circular economy ideal is taking a leap forward in terms of plastic globally. He suggested that so our framework is to apply the 3R’s regenerating our environment and commitments should be made in a in Germany. He stated that Germany revisiting our way of doing business. collective manner and we need to has banned the usage of single-use Plastic is a danger to the environment so be accountable and transparent to plastics intended to reduce plastic constant innovation, R&D needs to be reduce the plastic pollution. waste. To make this a reality, the idea done in terms of compostable plastic. of growth and consumption needs to She stated that the role of BIS is very

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proactive, which has mentioned the Mr. Kartik Kamal Kumar, Director, in synchronization with the food quality of various packaging materials Electra Koko Tawa Weld Pvt. Ltd. businesses to push them to recall and classifications. Ms. Nandan apprised about their innovative their usage of plastic packaging and further emphasized that we need to sanitary wending machine which reusing. have consumer awareness as well helps in reducing the waste in the Mr. ShyamJaju, Chairperson, Global as dialogue with MSMEs which play environment. Summit COVID-19 elaborated about a pivotal role to contribute towards Prof (Dr) N. C. Saha, Former the proactive efforts taken by India the environment. The consumer has Director-Indian Institute of Packaging during the pandemic. He requested to demand it and the producer has to & Chairman-Foundation for Innovative industry and the consumers to take deliver it and as a nation, we need to Packaging and Sustainability the issue forward and strategize on talk and think about how we dispose mentioned that consumer behaviour the solutions towards the ecosystem. of our products, she further added. has changed continuously. We need Mr. Saurabh Sanyal, Secretary Technical Session to rethink radically on how we use General, PHDCCI delivered the vote- Mr. Jeevaraj G. Pillai, Joint plastics, creating new circular systems of- thanks to the eminent dignitaries, President - Packaging & New Product that conserve resources, reduce sponsors, delegates and the media. pollution and promote efficiency. Development, UFlex Ltd. apprised The event sponsors and event about tackling multilayer flexible Mr. Satyendra Kumar, Director, supporter included UFLEX and Electra packaging post-consumer waste Ministry of Environment, Forest Koko Tawa Weld Pvt. Ltd and Konrad- pollution. Further giving the data and Climate Change, said that India Adenauer-Stiftung. insights, he mentioned that around has already embarked on multi- The programme was jointly 50% of the garbage is collected by the pronged strategy to tackle the plastic moderated by Prof Bejon Kumar Municipality and sent to the Landfill. pollution. It needs to be supported Misra, Chairman- Consumer Affairs, 10% is segregated and more than 40% is by the consumers, technological PHDCCI and Dr Yogesh Srivastav, uncollected and littered, which needs development, and sensitization of Assistant Secretary General, PHDCCI. to be taken up very seriously. Uflex Ltd. masses that will change the behavioral has provided dynamic solutions which attitude. The programme witnessed the participation of more than 1000 virtual does the automated segregation of all Dr Shobhit Jain, Executive Director and 100 physical industry experts from wastes. He mentioned that Recycling (Compliance Strategy/Training), FSSAI different segments. technologies have been developed mentioned that sustainability needs under the *ATMA NIRBHAR BHARAT*. to be focused, so we need to work

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leadership to realize a more equal, more inclusive and more sustainable future. Mr. Sanjay Aggarwal, President, PHDCCI in his presidential address spoke about the importance of celebrating International Women’s Day which is a day to felicitate their greatness, kindness and contribution in making this world a better place. He also said that women across the planet have some groundbreaking achievements and are now paving the way for others to follow in their footsteps. Dr Blossom Kocchar, Co- chairperson, WE Committee, PHDCCI in her theme address elaborated that the theme of ‘Choose to Challenge’ signifies that women can choose to challenge gender bias and inequality in the world. She said that we are seeing examples of female leaders emerging from across the generations to cross- weave their knowledge and drive for change. Chief Guest, Ms. Anusuiya Uikey, Hon’ble Governor, Government of Chhattisgarh mentioned that there Celebrating has been a significant contribution by women in being a part of COVID-19 frontline warriors, which needs to International Women’s be felicitated. She mentioned that in Chhattisgarh, women are present in every industry and are part of Day 2021 the governance. She emphasized that women need to be guided and motivated so that they can move Choose To Challenge fearlessly towards the path of success and development and continue he Women Entrepreneurs (WE) Ms. Renu Misra, Chief Executive bringing glory to the Nation. Ms. Uikey Committee of PHDCCI organized Officer, Grohe Middle East as the guest mentioned that the theme directs an interactive webinar on speakers. Session- 3 on the ‘Role of and motivates towards the significant T contribution of women empowerment ‘Celebrating International Women’s Women in Wellness, Entrepreneurship Day 2021’ with the Theme: ‘Choose & Finance’ had Ms. Gayatri Jolly, in professional and personal fronts, To Challenge’ on March 9, 2021. Ms. Founder & CEO, Master G; Ms. Anjali where women have showcased Anusuiya Uikey, Hon’ble Governor, Singh, Managing Director, Deutsche humanity, courage, self-confidence Government of Chhattisgarh graced Bank and Dr Manjari Chandra, and perseverance in their lives. the occasion as the Chief Guest. Functional Nutritionist, Author & Mr. Pradeep Multani, Senior Vice Session 1 on the ‘Role of Women in Wellness Coach as the esteemed President, PHDCCI delivered the vote- the 21st Century - Challenging Biases panellists. of-thanks to the distinguished guests. and Aiming to Create a Gender- Dr Aruna Abhey Oswal, The session also felicitated the equal World’ had Ms. Shallu Jindal, Chairperson, WE Committee, PHDCCI outstanding contribution of women Renowned Kuchipudi Exponent & in her welcome remarks mentioned from other states including Ms. Chairperson of JSPL Foundation; Ms. that the International Women’s Day is Bashiran Bano, Designer of Kota Neha Mittal, National Chairperson, a day about strong women who draw Doria Sarees and Ms. Chandra Gurjar, Ekal Yuva and Ms. Richa Sanchita, inspiration from themselves and fight Handicraft Artist & Master of Mojari Advocate, Jharkhand High Court as every war bravely. She stated that (jutti) from Rajasthan; Ms. Preeti Saluja, distinguished guests. women have everything for becoming Chancellor, SAM Global University, Session- 2 on ‘Role of Women in a successful leader, an entrepreneur, Bhopal and Ms. Poonam Shroti, Fashion and Design’ had Ms. Megha an officer and excel in any field they Founder, Uddip Welfare Society from Malagatti, Business Development choose. She said that it is time to Madhya Pradesh; Dr. Rajani Sodera, Director (Travel Retail), L’Oreal and fully harness the power of women’s

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Secretary of Social Health Awareness & Public Enhancement Society (SHAPES) and Ms. Shweta Singh, Chairperson of Pragati Pariwar Society from Jharkhand and Ms. Phoolbasan Yadav, Social Worker & Founder, Maa Bamleshwari Janhit Kare Samiti and Ms. Teejan Bai, Pandavani exponent & Folk Artist from Chhattisgarh. The webinar was moderated by Ms. Naghma Sahar and was sponsored by Aruna Abhey Oswal Group; Blossom Kochhar Beauty Products Pvt. Ltd; Gems N Jewels; Big Sea Marcom India Pvt. Ltd; Dhabriya Polywood Limited; Trident Solution; Uflex Ltd; SAM Global University, Bhopal and Ramraj Services Private Limited and was attended by more than 1600 delegates from all-over the world.

Draft Rules on Occupational Safety & Health (OSH) Code 2020 & Industrial Relations Code 2020

he HR & IR Committee of applicability & Compliances and Technical presentation on Labour PHDCCI organized an interactive Statutory Provisions for Employers codes and Occupational Safety and Tworkshop on ‘Draft Rules on under the Industrial Relations Code, Health code 2020 was given by Mr. Occupational Safety & Health (OSH) 2020 and the Occupational Safety, Piyush Sharma, Retd. Additional Code 2020 & Industrial Relations Code Health and Working Conditions Code, Labour Commissioner and Mr. 2020’ on February 23, 2021. 2020. Mr. R P Singh, Chairman, HR & Harvinder Singh, Advocate, Labour The objective of the workshop IR Committee, PHDCCI in his address Laws Advisor. was to sensitise Industry and underlined the importance of Labour The session was moderated by Dr deliberate on key features of the Codes in improving Ease of Doing Jatinder Singh, Director, PHDCCI. labour codes and its coverage and Business.

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Mr. Piyush Goyal, Hon’ble Commerce and Industry Minister, in the concluding session shared his Easing Compliance of views regarding significance of MSME sector in India’s economic growth as it is a backbone of our Economy. He BIS Certification asserted that the Government after taking inputs from the MSME sector has to comply with international he Bureau of Indian Standards should be ease in regulatory burden quality standards for the long term organized a Workshop on “Easing and further rationalization for sustainability of India’s MSME sector. TCompliance of BIS Certification” reducing the compliance cost of the He said that there is lack of liquidity in in BIS Headquarters (in physical as Industry. He emphasized that there MSME sector so the need of the hour well as virtual mode) on March 3, 2021. should be good coordination between is to have capital sustainable scheme, The main objective of this workshop industry and BIS . especially for the Textile Industry along was to address the issues faced Mr. Dev Prakash Goyal, Co- with DPIIT and BIS to help the MSME by Industry in ‘Implementation of chairman, MSME Committee, PHD sector. Henceforth, the MSME sector Quality Control Orders (QCOs) issued Chamber, said that while making should meet International standards under BIS Act, 2016’ to ensure fair, draft specifications for up - gradation and the BIS norms and there should be equitable and consistent outcomes or new development, small scale more frequent interactions between for consumers and to also facilitate actual users should be involved. He DPIIT, BIS and Industry body. timely and effective grievance redress opined that specifications should be In the concluding session, Mr. mechanism for Industry and other made simpler and easier to work. He Sanjay Aggarwal, President, PHD Associations. also moderated Technical Session-2 Chamber submitted suggestions Three Technical Sessions, namely, on ‘Testing Activities’ and stated on implementation of mandatory Standardization, Testing Activities that there is a need to increase the BIS certification for various steel and Certification & Implementation of number of testing labs in India. He and steel products till March 2022; QCOs were held. Mr. Sanjay Aggarwal, further mentioned that testing costs single window for the BIS related President, PHD Chamber, participated are too high for MSMEs and should queries; less availability of desired in the session addressed by Mr. be reduced. In Technical Session-3, raw material quality for meeting the Piyush Goyal, Hon’ble Commerce and he opined that BIS should be more BIS requirements; BIS approval on Industry Minister. accessible to Industries at their work all imported products; no challan for The inaugural session commenced place through industry associations vehicles transporting a single product with the welcome address by Mr. for better guidance and to understand across India; increase in number of Promod Kumar Tiwari, Director their limitations in working. authorized test labs for certification, General, BIS. He stated that there among others.

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Retail 360°- Future of Retail

he Retail Committee of PHD organizations and provide a holistic well as new places to shop. He added Chamber organized a virtual omnichannel experience to their that desire for individuality and shift Tpanel discussion on ‘Retail 360°- customers, from online marketing to towards sustainable living is driving Future of Retail’ on February 19, 2021. in-store purchases to mobile loyalty the uptake of do-it-yourself formats. The discussion presented by Hindware apps and home or in-store fulfilment. Appliances and Powered by Doorset He added that consumers are going BRIDGING ARTIFICIAL BOUNDARIES: Group giving an overview of how the to be a lot more thoughtful regarding THE NEW IDENTITY OF RETAIL Retail companies will reboot their which brands they engage with and (OMNICHANNEL) business models and diversify their how they spend their money in 2021. strategies to enhance the consumer Loyalty dynamics are shifting, both Mr. Sameer Dhingra, Director- experience. in brands and channels, as people try Retail & CPG-JAPAC Goggle Cloud, moderated the webinar and stated Mr. Shashwat Somany, Chairman, new products and new ways to shop. that store transformation is trending Retail Committee, PHD Chamber in Mr. Saurabh Bansal, Co- chair, and now the race to the survival is his welcome address mentioned the Retail Committee- PHD Chamber digital maturity. He underlined that proactive efforts taken by the expert while delivering the vote-of- thanks organization readiness to adapt the committee for the retail segment. He mentioned that with consumer business models is the need of the stated that Business is very unusual at shopping behavior changing during hour. the current time and the retailers want Corona, the purpose of the retail store to successfully navigate the winds is shifting and brands are accelerating Ms. Riddhi Adlakha, Head- Digital of change to remain relevant and the omnichannel transformation. Marketing-Tata Consultancy Services, profitable in this new environment. Given consumers’ price sensitivity, stated that consumer behaviour They need to embrace the fact value remains the primary reason around us is changing exponentially that they are already omnichannel for consumers to try new brands as and this shift in consumer behaviour is

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not only in the present time but should Mr. Smerth Khanna, Business revamped its logistic affairs to reduce be looked in futuristic perspective. She Head- Dabur India, stated that the the carbon footprint and as a brand, mentioned that although the brands uniqueness of the consumer pattern it has emerged victorious amid the are moving into the digital stores, the needs to be focused. pandemic season. fact is that we need to invest in digital Mr. Jiten Mahendra, Senior Vice Mr. Sanjay Singal, Chief Operating infrastructure and mapping the factors President Maketing- Max Fashion Officer, ITC Dairy & Beverages, stated together to give the omnichannel is India, highlighted about the current that there were multiple challenges a difficult task. She pointed out that mandate of the industry that is in the supply chain sector during the since Data is available in a fragmented moving towards digital. The biggest pandemic. The expanded range of manner, henceforth we need to focus challenge in digital mode is to increase products were aided by the Kirana more on the investment in digital your basket size. stores and digital shopping has infrastructure. RETAIL REFOCUSED: REALIGNING become a new wave for kirana stores. Mr. Harshvardhan Chauhan- YOUR CONSUMER COMPASS Mr. Radhikesh Sinha, Marketing Vice President, Marketing & Omni Ms. Pooja Jain, Director, JIMS, Head, Dorset, explained how the Channel, Spencers Retail & Nature’s moderated the session and said that non essential commodities took Basket, mentioned that the digital there were massive changes in impact the worst hit amid the pandemic transformation is less executed dimensions, buying patterns have and how through innovation, new but more talked about. We need changed but consumer sentiments products in the industry identified the to consciously relearn the 4p’s of remain the same. She asserted opportunities in these difficult times. marketing as industry professionals. that the future lies in the seamless Mr. Nikhil Maheshwari, No matter, how much the brand value integration of online and offline Associate Vice President, Somany is there, store is a multi-sided platform segments. We have adjusted to be Home Innovation Limited (SHIL), where store travels to the consumer. new normal, digitization is influenced deliberated upon customer centric The new age brands are phygital and but for the businesses to be actually initiatives which can help in long term thus there is a need of presence of successful and digitally connected, the sustainability. brands everywhere. He suggested retail industry needs to be positioned the need to be agile to keep the Mr. Krittivvas Dalmia, Co-chairman, itself in the leading brand. consistency in innovation cycles. Retail Committee, PHDCCI delivered 4p’s together redefine the futuristic Ms. Megha Malgatti, Business the vote- of- thanks to the esteemed outlook of classical marketing. He Development Director, L’Oreal, panellists and delegates and presented stated the stores of future will be mentioned about the second phase how the brands realign themselves to customer centric and technology will that is the mixture of physical and less have different shopping experiences be leveraged to a greater extent to interaction creates mental disorder. which is highly commendable. enhance the customer experience. She mentioned how L’Oreal has

PM’s message on World Health Day

“The Government of India is taking numerous measures including Ayushman Bharat and PM Janaushadhi Yojana to ensure people get access to top quality and affordable healthcare. India is also conducting the world’s largest vaccination drive to strengthen the fight against COVID-19.

On World Health Day, let us keep the focus on fighting COVID-19 by taking all possible precautions including wearing a mask, regularly washing hands and following the other protocols. At the same time, do take all possible steps to boost immunity and stay fit.

World Health Day is a day to reaffirm our gratitude and appreciation to all those who work day and night to keep our planet healthy. It’s also a day to reiterate our commitment to supporting research and innovation in healthcare.”

34 PHD Chamber Bulletin | April 2021 CAW

be adapted to enhance the efficiency. Challenges like reduced footfalls and inside store experience due to contactless dealing has affected the entire industry. Mr. Akash Gawri, Director, Carry You mentioned that Block chain technology has the potential to turbo charge the effectiveness and profitability of most (if not all) businesses—or even up-end businesses. Block chain supply chain can help participants’ record price, date, location, quality, certification, and other relevant information to more effectively manage the supply chain. Mr. Manoj Sonavane, Head- Digital Sales, Holostik Group mentioned about the future outlook of block chain. He mentioned that since it is a peer-to-peer technology, collaboration will take place and we need to join the competitors to make the industry more vibrant. Mr. Krittivas Dalmia, Co-chairman, Retail Committee, PHD Chamber delivered the vote-of-thanks to all the RETAIL REFOCUSED: speakers and the sponsors. Mr. Divyanshu Tambe, Associate Partner, Transport and Logistics, REALIGNING YOUR EY India and Dr Yogesh Srivastav, Assistant Secretary General, PHD Chamber moderated the session. CONSUMER COMPASS The event was attended by 100plus industry experts across the globe. he Retail Committee of PHD accountability and ownership to Chamber organized the ensure seamless delivery. Everyone SUMMED UP SERIES: Tthird webinar in the series to can become the master of logistics, In the 1st Edition, we deliberated commentate with the theme of ‘Retail supply chain in the era of changing on strategies and structures that 360 Degree - Future of Retail’ on technology. This pandemic has given Retail leaders have adopted to March 18, 2021. birth to new innovations and this connect with the consumers as we Mr. Shaswat Somany, Chairman, experience will become better for the move into the future to stay attuned Retail Committee, PHD Chamber coming times. to the shifting habits and needs of deliberated upon the strategies Mr. Amit Kumar, AVP - Retail consumers to continue thriving. In that can be inculcated like machine Business, Safexpress said that we need the 2nd edition, we discussed that learning and digitisation of supply to boost the retail sector and reach the landscape of bricks-and-mortar chain. Presenting a futuristic outlook, the last mile delivery by connecting retail is changing, not disappearing. he mentioned that the only way to warehouses and other segments of The industry’s most innovative brands go forward is to collaborate with the industry. and retailers that can offer unique in-store experiences, combined with the manufacturers and create an Mr. Inder Sharma, Vice President- omnichannel capabilities, will succeed ecosystem to integrate the best Sales, Holostik Group apprised along with the insider’s insight on strategies and strengthen the retail about the re-mobilisation of supply consumer behaviour, unpacking the industry. chain. He mentioned issues like systems and structures that empower Dr Pawan Aggarwal, Founder, counterfeit products and need to Retailers. Kamalabai Education & Chairtable check the authenticity in this dynamic Trust, Famous Mumbai Dabawalla, environment. He stressed that stated that we need to take digitisation and automation need to

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regard to infrastructure contracts, he suggested that they should be made ARBITRATION NORMS FOR mutually to avoid any confusion. He further emphasized that the idea of infrastructure arbitration needs to INFRASTRUCTURE SECTOR be propelled so that the process of arbitration is facilitated. he Infrastructure Development 6 months from 8 months. Major issues In his concluding remarks, Mr. Alok Committee of PHDCCI organized in implementation of Infrastructure Krishna Agarwal, Founder, Sheldon Ta virtual conference on Projects which result into disputes, Law Firm & Chair-PHD Legal and ADR ‘Arbitration Norms for Infrastructure conflicts and arbitration are majorly Cell stated that major issues in drafting Sector’ on January 28, 2021. Hon’ble due to land for projects not made Infrastructure contracts happen due to Justice, Mr. Dipak Misra, Former Chief available on time, delay in shifting departure from standardized contract Justice of India was the Chief Guest at of utilities that leads to increase in or norm, absence of documentation the occasion. project costs and idling of labour and of activities, deliverables and deviance Mr. Pradeep Multani, Senior construction machinery at the project from contract conditions within a Vice President, PHDCCI in his site and poor quality of DPRs. project. welcome address deliberated about Mr. Ashish Wig, Mentor, PHDCCI A Panel Discussion on ‘Multiparty the importance of Arbitration in Infrastructure Development Arbitration in Infrastructure Disputes’ India, that is the preferred dispute Committee spoke on the issue of trust was moderated by Mr. Arjun resolution mechanism in resolving deficit among the stakeholders in Chaudhuri, Senior Journalist and disputes in infrastructure projects. infrastructure projects and the need Mediator, Delhi Dispute Resolution He remarked that Arbitration Awards to develop trust among stakeholders Society, Delhi Govt. Mediation and are routinely dragged with procedural in order to minimize litigation and Conciliation Center Committee. The delays, challenged and taken up to the disputes. panellists were Mr. Gautam Bhatikar, Supreme Court of India. Infrastructure Ms. Priya Hingorani, Senior Partner, Phoenix Legal; Mr. H K Projects are dealt with various Advocate, Supreme Court of India Sarma, Joint General Manager - Legal, statutes including the Indian Contract & Chair-PHDCCI Law and Justice L & T IDPL; Mr. Atul Nigam, Partner, Act, Transfer of Property Act, various Committee pointed out that the Chamber of Nigam & Nigam and Dr labor laws, etc. There is a need to drafting of Infrastructure Projects S B Saraswat, Managing Director, frame a unified construction law for agreements has improved but still Global e-auctions, Founder of “ Global Infrastructure Projects for balanced more needs to be done in drafting of Society of Arbitration Support” and contract conditions, timely payments Infrastructure Contracts. Chairman, Indian Institute of Plant and speedy dispute resolution, Engineers(D/H). underlined Mr. Multani. Chief Guest, Hon’ble Justice Mr. Dipak Misra, Former Chief Justice of Mr. Alok Krishna Agarwal, Chair Mr. Sudhir Hoshing, Chair, India in his keynote address stated PHD Legal and ADR Cell delivered PHDCCI Infrastructure Development Arbitration is a human institution the vote- of- thanks to the panellists. Committee in his industry perspective established for a kind of economic Dr Ranjeet Mehta, Deputy Secretary mentioned that time taken in balance, it needs to have minimum General, PHDCCI moderated the Arbitration of Infrastructure Projects in time and maximum sustenance. With conference. The virtual conference India has come down considerably to was supported by Phoenix Legal.

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more than 250 standards in the last 2 years itself with all stakeholders and Regulations, Quality more 90 standards are in the pipeline. Mr. Manish Airan, AVP- Quality & Standards, Controls Regulatory, Transasia Bio-medicals Limited said that better co-ordination is expected among all the three for MedTech bodies, CDSCO, BIS and QCI. The QCI involvement in developing reliable testing infrastructure & approval he Health and Pharmaceutical smoother. process will make the standards more Manufacturing & Medical While welcoming all the panellists, trust worthy. Devices Committee, PHDCCI T industry leaders and delegates, He further mentioned that public in association with the Department Dr N Subramanian, Chair, Health of Pharmaceuticals, Ministry of procurement agencies including Committee, PHDCCI & Director, GEM, need to be educated on the Chemicals & Fertilizers, organized Medical Services, Indraprastha the fourth series of Self Sufficiency Indian standards so that the need of Apollo Hospitals said that defects CE and USFDA can be eliminated. He in Medical Technology on “Optimum or disturbances in the functions of Regulations, Quality Standards, suggested that standards must be medical devices may expose patients developed keeping public health and Controls for MedTech” on March 12, to serious risks which is particularly 2021. safety in mind so that the best product true for devices which transfer energy is available at the optimum cost. Mr. Adil Zainulbhai, Chairperson, or pharmaceuticals to patients; hence The standards must be constantly Quality Council of India (QCI) said safety standards must be high for upgraded on the quality and that India is the pharmacy of the all medical devices and the devices performance expectations; this will world which is a sunrise sector with should be safe, reliable and well suited help Indian manufacturers to become lot of opportunities to be recognized for their intended purposes. more competitive and the product and tapped during this transition Dr Sameer Gupta, Co-chair, more export worthy. period. He also said that many Indian Health Committee, PHDCCI said that Dr Rajiv Chhibber, Vice President companies are meeting International emphasis should be on quality and standards for the betterment of External Affairs at Sahajanand Medical ease of getting regulatory approvals. Technologies Pvt. Lt. said “The Indian quality & safety and the government He urged that all safety standards should also support Medtech Industry government has announced several must be very high for all medical initiatives and policy measures to for its growth and expansion. He devices as it deals with patients life. added that QCI should look forward boost the medical devices sector, Mr. Sumit Kumar, Scientist-C- to collaborate and work together however, there is more potential to Medical Equipment & Hospital with CDSCO and BIS for further build policy certainty to accelerate Planning Department, Bureau of standardization for the Medtech growth of the devices sector. Indian Standards explained about Industry. He also mentioned that Dr Harvinder Popli, Director, Delhi the role of BIS is to ensure about the we need different Acts for medical Pharmaceutical Science & Research availability of Indian standards and technology sector and urged industry University delivered the vote-of- harmonization of Indian standards and industry associations to get thanks to all the panelists. at the International level. He further together and make their points visible mentioned that BIS is pleased to The session was moderated by to QCI to make the process faster and announce that they have developed Mr. Vivek Seigell, Assistant Secretary General, PHDCCI.

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Global Promotion of AYUSH Products and Services

nvest India with the support of Mr. Arvind Varchaswi, Managing up an AYUSH Export Promotion Ministry of AYUSH organized a Director, Sri Sri Tattva & Chair, AYUSH Council, which will facilitate the Ivirtual round table on ‘Global Committee, PHD Chamber; Ms. Asha AYUSH export community and Promotion of AYUSH Products and Tyagi, Assistant Vice President, Invest undertake promotional measures to Services’ on February 26, 2021. India and Ms. Indrani Mahto, Manager, increase exports. Mr. Pradeep Multani, Senior Vice Invest India. Mr. Arvind Varchaswi, Managing President, PHD Chamber represented Mr. Vaidya Rajesh Kotecha, Director, Sri Sri Tattva & Chair, AYUSH the industry on the forum. Secretary, Ministry of AYUSH, Committee, PHD Chamber suggested The eminent dignitaries present mentioned about various initiatives to promote and brand the Ayurveda were Mr. Vaidya Rajesh Kotecha, taken by the Ministry of AYUSH to system globally by giving recognition Secretary, Ministry of AYUSH; Mr. support the AYUSH industry and to our pharmacopoeias, medicines, Pramod Kumar Pathak, Additional promote its exports. products, etc and also mentioned that Secretary, Ministry of AYUSH; Mr. P Mr. Pradeep Multani, Senior Vice new drugs, developed from herbs Harish, Additional Secretary, Ministry President, PHD Chamber discussed are falling under phyto-chemicals of External Affairs; Mr. Amit Yadav, about exports of AYUSH products and categories and need to come under Director General, Directorate General its increasing demand internationally. AYUSH. of Foreign Trade; Dr J.L.N. Sastry, He further mentioned that PHDCCI is CEO, National Medicinal Plants Board; jointly working with FICCI for setting

India and the United States to strengthen Trade Relationship Union Minister of Commerce & Industry, Railways and Consumer Affairs, Food & Public Distribution, Mr. Piyush Goyal had a very productive discussion with the United States Trade Representative (USTR), Ambassador Ms. Katherine Tai, over a video call on 25 March 2021. They discussed a range of issues and agreed to strengthen the India–U.S. trade and investment relationship. The conversation included consolidating economic partnership between like-minded democracies upholding the principles of openness, transparency and fair trade. Both agreed to further India-U.S.economic cooperation on the basis of shared objectives and resolve pending legacy issues through mutual dialogue and discussion. They also agreed to strengthen the India- U.S. Trade Policy Forum (TPF) and to convene the next Ministerial- level meeting of the forum in 2021.

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Multi-Stakeholder Consultations on Corporate Water Stewardship: Encouraging Water Stewardship

xfam India in collaboration Jain, Chairperson, MSME Committee, Committee, PHDCCI underlined with PHD Chamber took PHDCCI emphasized that time has the need for a Corporate Water forward the webinar series come for promotion of best practices Stewardship Council. O for water management and its on ““Multi-Stakeholder Consultation He also pointed out that concerns for Corporate Water Stewardship: conservation both in industries and about water in private sector are rising Encouraging Water Stewardship” society as a whole. In this venture, and essential ingredients in operations on March 2, 2021. The webinar was civil societies, NGOs, Government of industry are viewed very seriously designed with the aim of knowledge including State Governments and for qualitative and quantitative sharing on efficient and proven water other arms and institutions associated management and usage of water. stewardship efforts, policies and with water management conservation He said that long-term sustainable practices by water positive corporates will have to play an equal role. He water strategies are being evolved in and provide an overview on Corporate advocated that water management almost all industries for critical water Water Stewardship (CWS) tools and and its conservation and reduction management and its consumption. of pollution will have to be linked industry best practices to facilitate Mr. Ranjan Dhingra, Co-chair, with economics of sustainable water adoption of CWS among corporates. Water Committee, PHDCCI associated management. And thus Water The webinar was co-moderated with ROTARY in his presentation Stewardship Council will be an ideal by Mr. Jafar Alam Ahmed, Consultant, emphasized that several focused areas mechanism in this direction. Oxfam India and Dr Ranjeet Mehta, for sustainable water management Deputy Secretary General, PHDCCI. Mr. Varun Gupta, Director, Kent and its consumption are being In his welcome address, Mr. Mohit RO Systems Limited and Chairperson identified to serve humanity and Water & Solid Waste Management

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transform lifestyle so that security of and performances within their sites proper and fair regulation for water water is well managed in the evolving (or facilities) and watersheds, and management from host of agencies precarious situation. PHDCCI, ROTARY ensuring that responsible water which include Center Groud Water and other stakeholders are associated stewardship actions are taking place. Authroity, National Green Tribunal and with one another for judicious water Mr. K K Sharma, Whole time the like. management. Check dams, rain Director Head EHS at DCM Shriram Mr. Mitesh Pandya, AVP- water harvesting, transformation of Ltd. demanded incentives for water Sustainability & CSR, Vedanta water bodies are some of the areas stewardship and called for practices Resources Limited, advocated that in which serious attention is drawn of that should be adopted for sustained Water management policies should all stakeholders in close collaboration business operations. According to be framed keeping in view that India with the Ministry of Jal Shakti. Mr. him, DCM industries strictly follow is a developing economy in which its Dhingra also informed that crores are the guidelines of the governments in industries will become operational being planned to be invested in water UP, Rajasthan, Gujarat and Telangana with fair treatment from all relevant management and consumption across where they operate. The focus of the quarters. the country by ROTARY. group is to reduce pollution, recycle Ms. Rashmi Naik, Founder CSR Mr. Mukunda Upadhyay, and reuse water, adopting holistic Links said that water management Programme Officer, Oxfam India, in approach for water conservation and practices should be positive on his observations suggested a dialogue availability. manufacturing. There are certain for better and judicious water Mr. Pankaj Satija, Chief Regulatory companies that are doing excellent management and consumption should Affairs, Tata Steel Ltd. informed that work on water management and go on until it becomes conclusive. Steel plants are set up in coastal these need to be emulated by other Mr. Ashish Bhardwaj, India areas because they need water in organizations in different verticals. Coordinator, Alliance for Water plenty for various manufacturing Mr. Shobit Chepe, TROSA Lead Stewardship (AWS) New Delhi, processes. Most of the steps that (Consultant), Oxfam India, in his India said the mission of the AWS Steel industry take for its water closing remarks emphasized on is to promote responsible internal management are as per policies and the importance of using water as a (organizational) and external directions of Governments. The Steel natural and shared resource in a way (watershed) actions undertaken to industry takes water issues with all that is sustainable and is socially and optimize water benefits for society, seriousness as part of its Corporate economically beneficial to all. This can the environment and the economy. Social Responsibility and works very be achieved through responsible use The International Water Stewardship closely with communities around its of water and convergence of efforts Standard is intended to provide manufacturing base. by different stakeholders, in which water stewards with an approach Mr. Narendra Jain, Vice President, corporates can play a very important for evaluating existing processes Jubilant Life Sciences Ltd. demanded role as a catalyst for change.

Encouraging Water Stewardship

Discourse around Corporate Water Stewardship, though a fairly new concept in the Indian context, has been gathering some momentum in recent years. Corporates in India have come forward in recent years and have been spearheading water stewardship initiatives in their production units and also through their supply chains for ensuring improved water use efficiency and transparency in water auditing through voluntary disclosures on water usage and environmental impact assessment reports. Most of the well founded and accepted definitions on Corporate Water Stewardship stress on the importance of using water as a natural and shared resource in a way that is sustainable and is socially and economically beneficial to all. This can be achieved through responsible use of water and convergence of efforts by different stakeholders, in which corporates can play a very important role as a catalyst for change.

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Mr. Subodh Sachan, Director, Software Technology Parks of India E-Conclave on (STPI), Ministry of Electronics and IT (MeitY), stated that India is committed to achieve a US$ 5 trillion economy by Demystifying AI as an 2024; 10% of this economy will come from implementation of Data and AI in four basic sectors viz. agriculture, Enabler for MSMEs banking, finance & consumer retailing. Mr. V K Mishra, Co-chair, Innovation Committee, PHDCCI, corroborated RTIFICIAL INTELLIGENCE is that advancement in ML and AI-driven that ‘Artificial Intelligence is Social the catalyst that empowers technologies are assisting entire Development of Science’. business pipelines, in smart decision AMSMEs to scale up and grow Mr. Arnab Thakur, India Director- making. their business faster. While large- Strategy, Prosus Fintech mentioned scale enterprises have long begun Mr. Vinay Thakur, COO, National that from implementation perspective, using new technologies like machine e-Governance Division (NeGD), AI in MSME requires three key learning and artificial intelligence (AI) Ministry of Electronics and IT (MeitY) components, Data, Availability of AI, to streamline their business processes, mentioned that use of AI is going Specific Computing Scale and Access MSMEs are still trying to understand if to change the way we live. India is to the advancement of R&D. AI technology holds any solution for having the world’s biggest database Mr. Ashvani Shukla, CEO, Aeron them. On this note, PHDCCI organized like ‘Aadhaar’ and ‘Land Record’ with Systems Pvt. Limited presented an e-Conclave on ‘Demystifying AI as around 75 Crore data, PDS around 32 case studies of AI implementation in an Enabler for MSMEs’ on February 5, Crore data and many other databases MSMEs. 2021. such as PFMS, NREGA and Election Mr. Pradeep Multani, Senior Vice Data. Mr. Sunil Kumar Goel, Founder, BZAIT India mentioned that AI is President, PHDCCI, in his welcome Mr. Arun Kumar Jha, Director being increasingly used in Customer address mentioned that the MSME General, National Productivity Council Analytics such as Customer Attrition, sector can assist to realize the target (NPC), DPIIT, Ministry of Commerce Demand Management, Cross-Selling of proposed National Manufacturing and Industry, mentioned that it is and Customer Segmentation. Policy of raising the share of important to implement AI in MSME manufacturing sector in GDP from 16% sector at a high pace. He said that out Mr. Ankur Bansal, Co-chair, at present to 25% by the end of 2022 by of 6.3 Crore MSMEs, only one percent Innovation Committee, PHDCCI digital tools like AI, ML, Robotics and have websites and there is a dire need moderated the technical session on Industry 4.0 technologies. to implement AI and tech tools for ‘SCOPE OF AI FOR INDIAN MSMEs’ Mr. Deepak Pahwa, Chair, MSME growth and competitiveness. while Dr Jatinder Singh, Director, Innovation Committee, PHDCCI stated PHDCCI delivered the vote-of- thanks to the guests.

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about the Farmers’ Produce Trade and Commerce (Promotion and MEETING OF STAKEHOLDERS Facilitation) Act, 2020, he mentioned that this reform permits inter-state trade movement of farmers’ produce ON FARM REFORM LAWS beyond the physical premises of APMC markets and other markets notified under the state APMC Acts. It will also Submission of joint lead to direct and online buying and selling of agricultural produce. As per comments to SC Committee the Act, the State Governments are prohibited from levying any market fee on farmers, traders, and electronic he Agriculture Committee of stakeholders need to write to the trading platforms for trading farmers’ PHD Chamber organized a committee made by the Supreme produce in an outside trade area. Tvirtual meeting of stakeholders Court to support them and the While giving an overview about on ‘Farm Reform Laws’ on February reforms created are in the interest of the Farmers (Empowerment and 9, 2021. the farmers. Protection) Agreement on Price Mr. Pradeep Multani, Senior Chief Guest, Mr. Prashanta Kumar Assurance and Farm Services Act, Vice President, PHD Chamber while Swain, Joint Secretary Marketing and 2020, he mentioned that this Act speaking on the importance of the Agriculture Marketing Advisor said creates a national framework agriculture sector, mentioned that that Farm Reform laws are going for contract farming through an Farm Reform laws adopted have to help farmers and their income agreement between a farmer and the best of intentions for improving and production will improve. He buyer before production of any farm farmers’ rights and enhancing their mentioned that we need to improve produce. Provisions have been made remuneration. However, farmers’ our exports and processing. The for Risk Mitigation. The Essential agitation led the Supreme Court market needs to increase its capacity Commodities (Amendment) Act, to form a committee of experts to and APMC needs to reorient as a 2020, regulates the production, supply make recommendations based on service provider so that existing and distribution of a whole host of stakeholders’ comments. volume increases by providing commodities it declares ‘essential’ to Mr. Pradeep Multani highlighted additional services that will benefit the make them available to consumers at that India has a definite advantage farmers and their costs get minimized. fair prices. He clarified that the law will to be a global food hub as there still Mr. Vijay Sardana, Advocate High not lead to hoarding by big businesses exists under-utilized capacities in Court and Agriculture Policy Expert as is being perceived. agriculture productivity. while giving major highlights of the The meeting was moderated by Mr. Mr. Nand Kishor Aggarwal, new laws mentioned that these Mallika Verma, Director, Agriculture, Chairman, Agriculture Committee, reforms are in favor of increasing PHD Chamber and was attended by PHD Chamber stated that industry farmer’s income, reducing exploitation many industry stalwarts pan-India. and middlemen interferences. Talking

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SMEs into the global supply chain. Ms. Mukherjee highlighted the need to bring clarity in the definition of E-commerce, subject to clearances in line with the Ministry. Mr. Tarun Dewan, Executive Director, Sports Goods Export Promotion Council highlighted the role played by the Sports Export Promotion Council in providing support to manufacturers especially MSMEs on boarding and selling goods through E-commerce during the pandemic and how FTP could play an important role in clearly defining the role of EPCs in promoting E-commerce exports. Mr. Divya Siraslewala, Director, Divya Global Pvt. Ltd. highlighted about the compliance and regulatory challenges & burdens an exporter faces with respect to payment & credit issues on E-commerce platforms, and he suggested that FTP should come out with clear provisions to simplify the same. Promoting e-Commerce Mr. Kautak K Singh, Head – Customs & Trade Consulting, DHL Logistics Pvt. Ltd., highlighted the Exports - Suggestions significant difference in logistics cost, 14% in India as opposed to a 8-10% cost in European & American countries. He for the new FTP therefore stressed on the need to have a cost competitive, effective logistics solution for E-commerce exports he Consumer Affairs Committee Mr. Ajay Dua, IAS (Retd.), Former that would give Indian exporters the of PHD Chamber organized Secretary, DPIIT (formerly DIPP), competitive edge as they sell to other Ta virtual panel discussion on stated that the pandemic has shown countries. February 24, 2021 focusing on the the important role of E-Commerce Prof Bejon Misra, Chairman- Government’s call for suggestions and means to reach out to people Consumer Affairs & Public Health, for the New Foreign Trade Policy especially amid the period of PHDCCI in his welcome address stated 2021-2026 on promoting e-commerce lockdown. He emphasized the need that The New Foreign Trade Policy exports. to involve States as far as exports are (FTP) should be used as a tool in the concerned on the same lines of the Mr. Labayendu Mansingh, IAS foreign policy to strengthen India’s subject matter of Industries which (Retd.), Former Secretary, Consumer competitiveness and to produce best are currently under the control of the Affairs and also ex-DGFT, while of quality standard products and then State Governments. He also requested highlighting about the complicated harmonize with the world. challenges in the FTP policy which the regulatory bodies to acknowledge Ms. Mallika Verma, Director- includes logistics, stated that the the nature of E-commerce in India’s Agriculture, Food Processing & government is drafting a separate growth story going forward and Consumer Affairs & Public Health, chapter for E-commerce in the suggested all stakeholders to come PHDCCI in her concluding remarks New Foreign Trade Policy 2021-26. together to plan a facilitative role in spoke on the role of industry According to Mr. Mansingh, the new aiding and nurturing the E-commerce chambers in offering suggestions FTP would be a major initiative for sector. to the Government bodies and the growth and development of the Ms. Arpita Mukherjee, Professor recommended that PHDDCI will sector and bringing competitiveness & Economic Policy Researcher, ICRIER surely provide the memorandum of in the country. reiterated that E-commerce platform suggestions for the New FTP 2021-26. is acting as a catalyst to integrate

PHD Chamber Bulletin | April 2021 43 CAW

Mr. P K Rustagi, Co-chair, Corporate Affairs Committee, PHDCCI in his theme address highlighted that maximization of consumer welfare should be at the center of both competition policy and law. He suggested to rationalize the penalties being imposed by CCI and also to provide cooling period, if there is no cartel in the investigation. While talking about leniency norms of CCI, he suggested that there are numerous concerns that need to be delved into meticulously. Dr Sanjay Kumar Pandey, Advisor (Law) & Head - Advocacy Divison, Competition Commission of India in his key note address highlighted that since the objective of a competition authority is to promote and ensure competition, it benefits all market players, consumers and the economy. He apprised that CCI advocates for equal participation of all enterprises in a viable competition and will always be a friend of MSMEs. He highlighted that the Competition Amendment Bill 2020 has path breaking reform to statutorily recognize the Green Channel Process to enable fast-paced regulatory approvals for vast majority of mergers and acquisitions that may Competition Law - have no major concerns regarding appreciable adverse effects on competition. Further, the bill will also Recent Developments & expand the scope of the Competition Act to include the digital markets through inclusion of hub & spoke Impacts arrangement and buyer’s cartel. Mr. Dhanendra Kumar, (IAS), he Corporate Affairs Committee that the anti-trust regime in India Founder Chairman, Competition of PHDCCI organized a webinar is relatively young and hence most Advisory Services (I) LLP & Former on ‘Competition Law - Recent trade associations and MSMEs are Chairman, CCI shared his special T insights on Efficacy of Competition Developments and Impacts’ on March unaware that the legacy practices 3, 2021. Dr Sanjay Kumar Pandey, which had become a way of business Law in the Digital Economy. He Advisor (Law) & Head - Advocacy for them are illegal. Going forward, highlighted that e-commerce, home Divison, Competition Commission of the developing jurisprudence, coupled delivery of goods & various services, India (CCI) was the key note speaker with the CCI’s increased focus on tele-consultation in healthcare sector, at the webinar. outreach programmes will surely help etc. helped in a big way during the pandemic. He suggested that there Other eminent panelists present to change attitudes of corporates. As a is a need to upgrade the regulations were Mr. Dhanendra Kumar (IAS), sequence, PHDCCI is ready to partner in Competition Act to accommodate Founder Chairman, Competition with CCI for promoting and ensuring the new normal and certain sections Advisory Services (I) LLP & Former compliances. of the Act which will be adhered to in Chairman, CCI; Mr. Vivek Agarwal, Mr. Naveen N D Gupta, Chair, letter and spirit. Partner, Competition Law, DMD Corporate Affairs Committee, PHDCCI Advocates; Mr. M M Sharma, Head- mentioned that the outburst of Mr. Vivek Aggarwal, Partner, Competition Law & Policy Practice, COVID-19 pandemic has immensely Competition Law, DMD Advocates Vaish Associates Advocates and Ms. impacted businesses across the gave a presentation on Benefits Aditi Gopalakrishnan, Partner, AZB & globe. Nonetheless, this pandemic and Risks of Competition Law for Partners. has created many opportunities MSMEs. While covering the risk areas, he talked about bid rigging; Mr. Pradeep Multani, Senior for sectors dealing in essential trade associations & joint commercial Vice President, PHDCCI mentioned commodities like healthcare, pharma, telecom, FMCG and retail. decisions and restrictions imposed on

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dealers especially for retail price. Competition Law Enforcement: trends as well as increases the ability to Mr. M M Sharma, Head- and Compliance. She talked about compete internationally. Ms. Ranjana Competition Law & Policy Practice, the Horizontal & Vertical Agreements Aggarwal, Co- chair, Corporate Vaish Associates Advocates along with key cases of Abuse of Affairs Committee, PHDCCI delivered talked about the data privacy and Dominance in the market. the vote-of-thanks to the speakers, competition covering whether sharing Mr. Aseem Chawla, Co-chair, sponsors and delegates for making of personal data by WhatsApp and Corporate Affairs Committee, PHDCCI the webinar a great success. Facebook is a competition law issue or while summing up the session Mr. Vivek Seigell, Assistant not. mentioned that competition provides Secretary General, PHDCCI moderated Ms. Aditi Gopalakrishnan, Partner, benefits to the economy, improves the webinar. AZB & Partners gave a presentation on resource allocation and efficiency

Games asserted that many sectors of industry are using simulation REAL-TIME SIMULATION FOR technologies. Simulators are coming up with various challenges and PSUs, DEFENCE AND R&D LABs opportunities. He also mentioned that from Space exploration to healthcare there is a dire need for R&D to develop eal-time Simulations are webinar. simulation applications. trending technologies that Mr. Deepak Pahwa, Chair, Mr. Krupalu Mehta, Co-Founder, Rhave captured the imaginations Innovation Committee, PHDCCI in Parallax Labs stated that there are of masses around the world. This his introductory address mentioned huge opportunities in simulation. He technology is ideal for the PSU sector, that AR, VR and MR are the most added that the game engine is a key Defence sector & Central Police Forces effective technologies these days element to develop any tool for terrain and Science & Technology Labs to gain that will define the future of industry. simulation. According to Mr Mehta, experience of different environments He said that skills such as navigation, the cost of simulation is getting lesser from the convenience of research survival and teamwork in challenging and India will become a world leader labs. On this note, the Innovation situations can be achieved with striking in defence simulation in the coming Committee, PHDCCI in association realism using these technologies. No years. with Unreal Engine organized a other technology can provide this Dr Jatinder Singh, Director, webinar On ‘Real-time Simulation level of engagement or experience in PHDCCI gave the concluding remarks for PSUs, Defence and R&D Labs’ on the same immersive way as VR. and delivered the vote- of- thanks to a virtual platform on March 9, 2021. Mr. Sebastien Loze, Simulation the guests. Dignitaries from DRDO labs, R&D labs, & Training Industry Manager, Epic PSUs and MSMEs participated in the

PHD Chamber Bulletin | April 2021 45 CAW

Constitutional Validity of Search, Seizure and Arrest in GST – Cautions and Precautions

he Indirect Taxes Committee assessee through force and coercion alongwith Articles 14, 19, 20 among of PHD Chamber organized to put allegations on taxable person. others of the Indian Constitution in Ta webinar on “Constitutional He also cited that recently, the relation to Search, Seizure & Arrest Validity of Search, Seizure and Arrest Gujarat High Court has pulled up the provisions. in GST – Cautions and Precautions” on GST officials for their alleged pressure Mr. J K Mittal, Advocate, Supreme February 19, 2021. tactics to achieve tax collection Court of India made a comprehensive Mr. Pradeep Multani, Senior targets. presentation on Coercive actions Vice President, PHD Chamber He further deliberated when by the Department during Search lauded the government’s legislative inspection, search and seizure can & Seizure and collection of tax methods to mitigate the effects of be initiated; what are the Offences revenue. He felt that if the assessee’s tax evasion and apprised that the termed as – Bailable & Non Bailable; jurisdiction has been assigned to provisions for arrests are created to what the Penalty & Imprisonment Central Tax Officers, the State Tax tackle the situation raised by some provisions are and Legal Jurisprudence Officers have no jurisdiction over unscrupulous tax evaders. He stated on Search, Seizure and Arrests the said assessee and this should be that these provisions may appear provisions under GST. respected and treated as such. He felt very harsh but are necessary for that the genuine taxpayers’ should be Mr. V. Lakshmikumaran, Founder efficient tax administration and also treated with respect and should not & Managing Partner, Lakshmikumaran act as a deterrent and instil a sense be coerced unnecessarily. & Sridharan explained the Legal of discipline. He underlined that it is Jurisprudence on Search and Seizure Mr. Sudipta Bhattacharjee, equally important that the provisions & the Constitutional validity of Search Partner, Khaitan & Co in his relating to search, seizure and arrest & Seizure by both CGST & SGST presentation discussed provisions of are not misused by those in position of Authorities. He felt that there is a need Detention & Confiscation of Goods power and coercive behaviour cannot to balance the powers of the State in in the light of changes introduced be justified under the provisions of cases of Search/ Raid. He observed by Finance Bill, 2021. He highlighted GST. that the “reasons to believe” must the various proposed changes/ Mr. Bimal Jain, Chairman, Indirect be justifiable and fair. He explained amendments in Section 129 & 130 Taxes Committee, PHD Chamber that when two or more authorities of the Central Goods and Services said that “Reasons to believe, for have concurrent jurisdiction on a Tax Act and the key implications conducting search and seizures under subject matter, in such a case, the and issues that may arise due to the GST should be based on reasonable one exercising the powers must act changes proposed. He felt that higher material and should not be fanciful responsibly and in a fair and just penalty proposed under Section 129 or arbitrary”. He shared that while manner. The other authority in such of the Act is harsh, extortionate and conducting search and seizures, there case, should keep their hands off onerous. He highlighted the factual have been numerous interventions of the search operations. He further situations in which the courts have gross abuse of power by GST officers explained the provisions of Section held the detention of goods as illegal and they record the statement of 67(1) and Section 69 of CGST Act and disproportionate.

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Mr. Saket Patawari, Executive implications on contributions raised need to address backlog of litigations Director, Nexdigm (SKP) made by members for common expenses. and provision for National Appellate a presentation on Post Budget He further highlighted that in case Authority for Advance Rulings (NAAR) Suggestions on GST & Customs w.r.t. of supplies to SEZ for authorized should be notified and it should be Union Budget 2021-22. He felt that operations, proper mechanism be ensured that they start functioning to it is important for the Government setup for suppliers to know whether provide finality to matters involving to clarify on the nature of activities supplies made to SEZ units are for conflict advance rulings. / transactions to be considered authorized operations or otherwise. The session was moderated by Mr. as ‘supply’. Further, in case of co- He shared that there are numerous R Sridhar, Consulting Editor, TIOL and operative societies and clubs, issues which were left unaddressed attended by around 450 participants. clarity should be provided on GST in the Union Budget. He added the

Vision Boarding Workshop with Ms. Vedika Khaitan, Life Coach

he Young Business Leaders future belongs to those who believe in board. While summing up, she quoted Forum (YBLF) organized a Vision the beauty of their dreams.” “Believe in your dreams and they may TBoarding Workshop with Ms. Ms. Vedika Khaitan, Life Coach come true; believe in yourself and they Vedika Khaitan, Life Coach on March started with the importance of will come true”. 3, 2021. defining our dreams. She said that we Ms. Ritika Aggrawal, Co-chair, Mr. Sanjay Aggarwal, President, need to be an action taker that is what YBLF, PHDCCI expressed her PHDCCI welcomed Ms. Vedika Khaitan is required in our lives. She highlighted gratitude to Ms. Khaitan for the and highlighted that having a vision upon various steps of vision boarding. insightful session and shared her means we have a clear sense of She mentioned that visualization vision of starting a school for the purpose. He added that visions are in terms of skills, having clarity of underprivileged children. driven by passion and dreams, and thoughts and being ever evolving is Mr. Salil Gupta, Co-chair, YBLF, they are reflected through real efforts very important. While interacting, PHDCCI delivered the vote- of- thanks to create real results. she asked the audience to rate their to the keynote speaker and delegates. Ms. Aditi Pasari, Chair, YBLF, expectations and reality in four areas He thanked YBLF Annual sponsors PHDCCI in her welcome remarks i.e. Health & wellness; Relationships; Artify, Gulshan Polyols Ltd. Instinct introduced the key note speaker and Career & wealth and Recreation, fun Infra and Power Ltd. and Multani highlighted the various initiatives of & travel. She divided the workshop Pharmaceuticals Ltd. for supporting YBLF. While concluding, she quoted into five parts which are 1) Dream the annual activities of the forum. Life; 2) Values; 3) Roles; 4) Goals and First Lady of United States of America, The session was moderated by 5) Affirmation. She added the 3As Ms. Eleanor Roosevelt (from March Mr. Vivek Seigell, Assistant Secretary which are Awareness, Acceptance and 1933 to April 1945) who said, “The General, PHDCCI. Action in implementing your vision

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Ayurveda. Industry Expectations from Mr. Sanjay Aggarwal, President, PHD Chamber delivered the welcome remarks and said that there is a Forthcoming New Foreign significant need to discuss the topical issues which will strengthen exports Trade Policy 2021-26 and boost the economy. Mr. Saket Dalmia, Vice President, he Foreign Trade and New Foreign Trade Policy should PHD Chamber, said that international Investment Committee of PHD cater to employment generation and trade is moving very fast and MSME TChamber organized a webinar exporters. He also briefed about the sector needs to be strengthened at on “Industry Expectations from benefits of RODTEP scheme, which the same time. Indian companies have Forthcoming New Foreign Trade Policy replaced the MEIS scheme. to be agile to the new environment. 2021-26” on February 23, 2021, in virtual Prof Dr Surender Munjal, Associate He stated that industry was facing mode under the Chairmanship of Mr. Professor of International Business problems in MEIS scheme but Vishal Dhingra and Co-chairmenship of and the Director of the James E. RODTEP is going to ease international Mr.Nirmal Khandelwal and Mr. Sanjay Lynch India and South-Asia Business transactions, hence it is required to Beswal. Centre stated that many of the FTAs streamline the FTP in this respect. Mr. Rajeev Kher, Former Commerce (Free Trade Agreements) have been Mr. Vishal Dhingra, Chairman, Secretary and Distinguished Fellow, counterproductive so India should Foreign Trade and Investment Research and Information System for move in synchronisation with foreign Committee, PHD Chamber, stated Developing Countries, expressed his players. The duty structure on the that the Government should focus on views regarding the dynamics of the goods needs to be restructured. He foreign related reforms and Industry domestic and global world economic raised the concern of transaction should focus on export promotion in developments and its impact on cost in shipment, which ultimately the coming year. international trade. He expressed impacts the MSME sector and this Mr. Nirmal Khandelwal, Co- that in the digitalised era amid sector should be protected and sector chairman, Foreign Trade and COVID-19 scenario and new economic specific issues should be addressed in Investment Committee, PHD Chamber, nationalism, there is an urgent need the new foreign trade Policy. suggested that the New Foreign Trade to restructure FTP to derive enhanced Dr Niti Bhasin, Associate Professor, policy should address major issues of international trade benefits. He Department of Commerce, Delhi trade and investments at this juncture suggested that Foreign Trade policy School of Economics, DU, stated arising due to the changed economic should be sector specific for making that in recent years international order in the post Covid era. India Aatmanirbhar and resilient from trade dynamics has changed and Mr. Sanjay Beswal, Co-chairman, international shocks. the post-pandemic era has created Foreign Trade and Investment Dr Ram Upendra Das, Head opportunities for India. She also talked Committee, PHD Chamber, mentioned and Professor, Centre of Regional about huge potential of India in textile that there is a need to review the Trade, CRIT, DOC, MOC and Industry, and apparel exports. She suggested RODTEP scheme. He raised the Government of India, stated that that for promoting exports and concern of non-compliance in the tax the new policy could create a better making India export competitive in system. He also stated that the foreign platform for international trade if international markets, there is a need trade policy should not be from a operational hurdles regarding vocal to provide incentives to exporters. particular department, it should be in for local and ease of doing business She suggested that India should synchronization with all trade bodies status of India with other countries promote traditional sectors within and all Ministries. could be resolved. He suggested that the pharmaceuticals sector, such as

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Interactive Session with Programme Director for IGC India Programme, International Growth Centre

r Pronab Sen, Programme terms of outstanding payments. Dr crucial things fail to find mention Director for IGC India Sen mentioned that it was welcoming like the employment figures and the DProgramme, International to see that the central government MSME initiatives. Growth Centre interacted with the took radical steps to ensure that its He explained that during financial Managing Committee members of Account books are healthy. Most of slowdowns earlier, a lot of small PHDCCI on February 17, 2021. the earlier governments used to go entrepreneurs used to survive due reasonably slow on making payments Mr. Sanjay Aggarwal, President, to the Mudra loans. While the larger for the work done by the private PHDCCI introduced Dr Pronab Sen, corporations would still find access sector. who earlier held positions as Chairman to borrowings now, the MSME sector of the National Statistical Commission, Dr Sen said that lot of the still faces issues as far as credit is Principal Economic Adviser at the payments in the fiscal stimulus concerned. Unless steps are taken for Planning Commission and also as package were actually the repayment the MSME sector to bounce back, in Secretary, Ministry of Statistics & of outstanding bills. It’s a great step the next 2-3 years, huge stagnation Programme Implementation. that the government has taken now at is expected in demand for goods and Dr Sen expressed his gratitude for this time of crisis. If the government services. would have delayed it further even by the opportunity to interact with the Mr. Pradeep Multani, Senior Vice one year, then every rating agency in Members of PHDCCI. He highlighted President, PHDCCI delivered the vote- the world would have given us a junk that the government has managed of-thanks to Dr Sen. to clear all its liabilities between Rs bond status. Dr Sen further mentioned 1.7 lakh crores and Rs 3 lakh crores in that in the financial budget, a lot of

PHD Chamber Bulletin | April 2021 49 CAW

PHDCCI Delhi ITF Seniors Tennis Tournament

he Sports and Youth Affairs Committee of PHDCCI Tconducted the PHDCCI Delhi ITF Seniors Tennis Tournament, hosted by Delhi Lawn Tennis Association (DLTA) under the aegis of International Tennis Federation (ITF), February 22– 27, 2021 at the R K Khanna Tennis Stadium, Delhi. The tournament witnessed Senior category players from 35+, 45+, 55+ and 65+ age groups competing out on courts for the coveted trophy in both Singles and Doubles categories (Men). To act as a catalyst of support to the Tennis fraternity, PHD Chamber grabbed the ‘Title Sponsor’ of the tournament. Mr. Sanjay Aggarwal, President, PHDCCI, in his welcome address while declaring the tournament Mr. Arshad Nizam Shawl, Chair, open, mentioned the importance Tennis. Sports & Youth Affairs Committee, of Seniors Tennis for the growth Mr. Preetam B. Yashvant, IAS, PHD Chamber delivered the vote- of- and survival of the sport. Being one Commissioner (Vigilance), Rajasthan thanks to the guests. of the competitors himself in the shared his sporting memories and tournament, he highlighted how boosted the morale of the players. The Finals were very competitive fitness plays a crucial role in shaping up Lt Gen Shankar Prasad, President, and fiercely fought on court. Results sportsmen in any sporting discipline. Vasant Vihar Society & Club was the were as follows: He also urged everyone to play harder Special Guest who with his words Men’s SINGLES 35+ category: keeping the spirit of the game alive. of wisdom, knowledge and humor Mr. Pradeep Pant (2-0 retd.); Men’s PHDCCI also hosted a Felicitation enthralled everyone and highlighted SINGLES 45+ category:Mr. Preetam evening for the senior greats of Tennis the importance of fitness for Yashvant (6-0 retd.); Men’s SINGLES who served their nation and etched sportsmen. 55+ category: Mr. Revanasiddaiah (6- their names in the history of Indian 2, 6-1), Men’s SINGLES 65+ category and Mr. AJS Chhatwal (6-1, 6-2).

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India in the next 5-10 years. Mr. Amit Tewary, COO, LoanTap Future of Digital Banking in Financial Technologies Pvt. Ltd. felt that for all NBFCs and fintech companies, to stand out, the key is to India: Challenges and Way provide customized and omni channel support to the customer. Forward Mr. Manish Chaudhari, Chief Strategy Officer, Poonawalla Finance, emphasized that digital banking is a transformation exercise for betterment of banking. He felt that user experience & level of personalization that customer gets will drive the future banks. Technology is changing in a very fast mode so speed of innovation on the digital side is crux of the digital banking and it is very important to catch up the speed to stay ahead. Mr. Abhishek Kothari, Co- founder, Flexiloans Technologies Pvt. Ltd, highlighted that Customer experience is the key and we can segregate the customer into four segments - amount sensitive, those who are looking for particular amount of loan; rate sensitive, those who are looking for best interest rate; he Banking, Financial Services extremely critical for the success of experience sensitive, those who are & Insurance Committee, PHD digital banking. It is the objective of looking for user friendly process and Chamber organized a virtual banks to create and win the customers’ speed sensitive, those are who are T looking for less time in processing conference on ‘Future of Digital trust, such that all transactions are Banking in India: Challenges and Way routed through banks as is presently the loan. Analyzing data over the long Forward’ on March 10, 2021. done by multiple payment apps. period using Data science, Artificial Fintech has bought about changes intelligence, technical algorithm Welcoming the delegates, Mr. model and alternate data is very Sanjay Aggarwal, President, PHD in the customer mindset. Digital Banking helped enhancing customer crucial these days to find out the Chamber stated that the banking insight on the customer. landscape will undergo a complete relationship, engagement and overhaul in the coming years and satisfaction and helped in reducing Mr. Mrutyunjay Mahapatra, Ex- observed the scenario will be far more operating costs, processing cycle MD & CEO, Syndicate Bank, explained competitive, innovative and efficient time, among others. that essentially a custodian of data, in delivering consumers’ expectations. He suggested three areas in fintech a performer of authentication and He shared that over the last decade, that need to be intertwined to make probably stamping of trust are the lower operating costs and enhanced it a success – payment & remittance; basics of banking scenario. Now we efficiencies that come with digitisation process improvement – compliance are moving from purity to hybrid. Just have facilitated increased innovation & risk management and customer like the Industry 4.2, banks 4.0 are and heterogeneity in the banking engagement. knocking at our door. He explained that 4.0 means banks are moving from sector, notably through the rise of Mr. Jyoti Prakash Gadia, Chairman, digital-only banking models, either product to channel to platform and BFSI Committee, PHD Chamber finally to services. as digital offerings from incumbent emphasized on the value of customer banks, bank-fintech partnerships or as experience and satisfaction. He felt Mr. Bijay Murmuria, Co-chairman, licensed digital-only banks. that it is now the era of paperless BFSI Committee, PHD Chamber Mr. Ravinder Pandey, Deputy credit and is extremely important felt that the Digital Banking thrives Managing Director (Strategy) & Chief that customers be granted easy loans on financial inclusion and financial Digital Officer, SBI said that Digital without much hassles. growth. He observed that Covid banking is the future of India but it pandemic has provided a real test Mr. Kamalendu Bali, Vice President- towards the penetration and ability is equally important to safeguard Business Solutions, Concentrix the interest of all stakeholders. He of digital banking. He felt that digital emphasized that fintech companies banking holds a bright future. emphasized that Cyber security is will take different shapes and forms in

PHD Chamber Bulletin | April 2021 51 CAW

Electric Vehicle Technologies Summit

HDCCI organized the Electric dependent on import from other Training/Sustainability), TUV India Vehicle Technologies Summit on countries. He mentioned that R&D Pvt. Ltd. in his presentation on PMarch 18, 2021 in virtual platform has played a major role in EV and is standard and certifications landscape to deliberate on the roadmap and on the thrust of National Mission for electric vehicles discussed the sensitize stakeholders to move on Transformative Mobility and standard governance structure; towards a low-carbon transport Battery Storage. He apprised that compliance requirements and key ecosystem. NITI Aayog has attempted to create reference standards applicable Mr. Vivek Kumar Devangan, an ecosystem in which R&D has to electric vehicles; EVSE; plugs, Additional Secretary, Ministry of become a focus area and is involving receptacles, and connectors, and Power while deliberating on the need educational institutions in the field batteries. for electric mobility and its adoption of transformative mobility and other Mr. Raj Gaurav Batra, Co-chair, in countries like US, Japan and China, R&D areas. ICT, and Electronics Committee, mentioned that India is also becoming Mr. Anshuman Mohanty, PHD Chamber discussed India’s EV a forefront player in the adoption and Economic Advisor, Transport Research Policy to boost electric mobility and implementation of electric vehicles Wing, Ministry of Road Transport and focus on creating electric charging and is collaborating with countries Highways, mentioned that when we infrastructure. He suggested that around the world. He shared that talk about Aatma Nirbhar Bharat, the there needs to be a lower GST on EVs. India has achieved its energy surplus objective is to produce in India and be He mentioned that India has three key capacity and now it is time to utilize it less dependent on foreign countries. strategic imperatives to look at EVs to meet the requirements of electric He underlined that India needs to cater which have higher carbon emissions; vehicles. to all electronic segments including IT, fuel security risk and lower power Talking about the challenges faced Medical, Power, Aerospace, etc. and demand. Talking about ET Technology in e-mobility, Mr. Devangan mentioned produce electronic items and ensure trends, Mr. Batra shared that 2W and that we need to reduce emissions their quality standards as well. 3W will grow faster along with CVs. and conserve energy in the coming Dr Shankar Akella, General Passenger vehicles growth will be years. Mr. Devangan emphasized that Manager, EV, and eMobility albeit a little slow. He suggested that charging infrastructure is a critical Technology, Ashok Leyland Limited in IoT integrations will help connected area of focus for electric vehicles and his technical presentation deliberated vehicles and LED lighting in EVs is the its setup is pivotal in a lot of cities of about EV Vehicles’ batteries and types way to go as Energy consumption India. of charging. He discussed the electric is required. There is a need to build infrastructure for charging stations Mr. Sudhendu J. Sinha, Advisor, vehicle charging infrastructure in and battery swapping models, he Infrastructure Connectivity and India for 2, 3 and 4- wheeler vehicles further added. Electric Mobility, NITI Aayog, while and buses where the infrastructure sharing his governance perspective set is available in selected cities but The summit was moderated by towards R&D, mentioned that our vehicles need to increase to cater to Dr Jatinder Singh, Director, PHD technologies need to have the the demand. Chamber. best of global standards, produce Mr. Ravi Singh, Business Head- low carbon emissions and be less North and East Region (Certification/

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funds enable investors to take bullish or bearish positions in specific sectors, while inverse ETFs and leveraged Exchange Traded Funds ETFs make it possible to incorporate advanced portfolio management (ETFs): Rising Paradigm strategies. Mr. Hemen Bhatia, Deputy Head- ETF Business, Nippon Life India AMC for Investors mentioned that in 2020, the Indian market had 93 ETFs across various asset classes. Equity ETFs are the most popular and manage assets of over Rs 1.74 lakh crores across 73 schemes which is followed by debt ETFs that manage assets of over Rs 30,500 crores. He stated that though the increased rationale and product attractiveness of ETF are pulling in more investors to its side, the awareness about ETFs is still quite low in India. Mr. Sameer Desai, National Lead– ETF Sales, Nippon Life India AMC in his presentation on ETF, mentioned that in less than three decades, ETF has been able to generate 8 trillion funds which is remarkable in financial service history. He highlighted that provident funds can increase equity allocation from 5% to 15% through investment in select ETFs along with No STT on buying and negligible STT on selling of ETFs. Mr. Gaurav Kapoor, Vice President & Head-North, National Stock Exchange of India Ltd. gave a presentation on NSE Indices and Indian ETF Industry. He stated that in the Indian market, the first ETF he Capital Market & Commodity investors should capitalise upon ETF. was launched by Benchmark Mutual Market Committee of PHDCCI He also suggested that the investors Fund in December 2001 and it tracked Torganized a Virtual Knowledge should educate themselves about the Nifty 50 Index. He talked about Session on ‘Exchange Traded Funds ETFs so that they can take informed the Smart beta ETFs, which is built (ETFs): Rising Paradigm for Investors’ investment decisions. on traditional ETFs and tailored the on March 23, 2021. Mr. Vijay Bhushan, Chair, Capital components of the fund’s holdings Mr. Pradeep Multani, Senior Vice Market & Commodity Market based on pre-determined financial President, PHDCCI said that the rising Committee, PHDCCI mentioned metrics. retail participation, broadening of the that young investors who are not Mr. Vivek Seigell, Assistant product basket, reinforcing investor altogether familiar with the intricacies Secretary General, PHDCCI moderated sentiments and support from the of the financial markets might be the webinar and also delivered the government and SEBI serve as a well-served by investing in ETFs that vote-of-thanks to the panelists. promising opportunity that today’s tracks the broader market. Sector

PHD Chamber Bulletin | April 2021 53 CAW

Mergers & Acquisitions Key Opportunities and Challenges

he Corporate Affairs Committee Mr. Pradeep Multani, Senior half of all US IPOs. She mentioned that of PHDCCI organized a webinar Vice President, PHDCCI said that in more SPAC activity in 2021 is highly Ton ‘Mergers & Acquisitions: Key November 2020, India recorded the expected, especially involving assets Opportunities and Challenges’ on highest M&A deals of 149 amounting such as electric vehicle charging March 24, 2021. to US$80 billion. He stated that with infrastructure, power storage and Chief Guest, Hon’ble Justice Mr. vaccination, life is returning to normal, healthcare technology. M M Kumar, Former Chief Justice, if financing is affordable, it’s natural Mr. Lalit Kumar, Partner, J Sagar J&K High Court, Founder President, that M&A will grow and progressively Associates in his presentation on NCLT highlighted that between return in 2021. Merger Schemes talked about the 2005 and 2019 more than 3600 M&A Mr. Naveen N D Gupta, Chair, relevant provisions of Companies Act, transactions took place amounting to Corporate Affairs Committee, PHDCCI 2013 and SEBI regulations followed more than US $ 310 billion, out of which mentioned that the acceleration of with the stamp duty issues involved 60% were related to industrial goods. digitalization and transformation of in the successful implementation of He stated that remarkable progress businesses instantly became a top M&A. He also explained about the Fast in regulations and digitalization priority for Corporates and M&A is Track, Listed Company and Reverse has made compliances friendly. He the fastest way to make it happen Mergers. appreciated that introduction of creating highly competitive landscape Mr. Amit Singh, Co-Founder & IBC Act has reduced the timelines for the right deals. Director, Arms Length Advisors Pvt. of M&A schemes, though further Mr. Aseem Chawla, Co-chair, Ltd. gave a presentation on Valuation relaxations should be provided to Corporate Affairs Committee, PHDCCI under M&A, including internationally ensure faster processing of cases at highlighted that high levels of liquidity accepted valuation practices. NCLT. He suggested that many of through 2021 are expected to continue Mr. P K Rustagi, Co-chair, Corporate disinvestment schemes announced to fuel M&A activity. Affairs Committee, PHDCCI delivered by the Government such as Air India, Ms. Akila Agrawal, Partner & vote-of-thanks to the Chief Guest, Bharat Petroleum and LIC should be Head – M&A, Cyril Amarchand speakers, sponsor and delegates. started to boost M&A market. He Mangaldas gave a presentation on also suggested that all legal bodies Mr. Vivek Seigell, Assistant De-Spac Transactions in India. She involved in M&A transactions should Secretary General, PHDCCI moderated highlighted that in 2020, special- be empowered enough to work the webinar which was well-attended purpose acquisition companies effectively on all provisions of M&A by around 200 delegates. (SPACs) raised about US$70 billion in ensuring the new skills are embedded capital and accounted for more than in their systems.

54 PHD Chamber Bulletin | April 2021 CAW

Mr. S.K Gupta (ITS),Secretary, Telecom Regulatory Authority of India (TRAI) deliberated on the fact that the availability of ubiquitous digital communication infrastructure & services and increasingly connected population of active users of digital technology are the pre-requisites for Fourth Digital Revolution. He said that there has been exponential growth of the telecom network and we are hugely dependent on the import of telecom equipment and there was a need for Atmanirbhar Bharat, which is a well planned approach on indigenous production which will be the way forward. He also elaborated on how the existing supply chains are getting disrupted and new opportunities are emerging in the telecom field due to the clarion call of our Hon’ble PM. He added that given the skill base in India, the scale of domestic market and technology orientation, India presents an attractive option for the global manufacturers. Mr. Gupta also stated that fiberization of the network will be the focus area now. Substantial investment is also required in data Growth of India’s centres; protection of private data and data privacy is going to play an important role in the industry. While Digital Landscape: The India has taken a leap in the digital space, a lot more needs to be done and the government-public sector & Atmanirbhar Way private sector need to join hands for the same. Mr. Sarvesh Singh, Chairman & he Telecom Committee of digital ways of working practices. He Managing Director, Bharat Broadband PHDCCI organized an interactive also spoke about how India’s digital Network Limited shared his views webinar on ‘Growth of India’s T transformation could create significant on how data and fibre will drive Digital Landscape: The Atmanirbhar economic value for consumers, India’s digital landscape further. He Way’ on March 25, 2021. businesses, microenterprises, explained how Bharat Net will extend The eminent panelists were: Mr. farmers, government, workers and broadband to rural India by connecting S.K Gupta (ITS), Secretary, Telecom other stakeholders making India the gram panchayats of the country Regulatory Authority of India (TRAI); Atmanirbhar. He added that 5G and broaden opportunities & upgrade Mr. Sarvesh Singh, Chairman & revolution is likely to generate new services. This will be done primarily Managing Director, Bharat Broadband growth avenues, boost industrial by laying optical fibre. He added Network Limited; Mr. Ashutosh Vasant, productivity and has the potential to that BharatNet is completely using Director-POM, Railtel Corporation of transform the socio-economic fabric indigenous technology. He also India Ltd; Mr. Sanjeev Shriya, Regional of the country. said that using 5G will be able to President, Idemia Syscom India Pvt. Mr. Sandeep Aggarwal, Mentor- provide differentiated services and Ltd.; Mr. Sunil Joon, Chief Product Telecom Committee, PHDCCI in his applications as it can be configured Officer, Micromax Infomatics Ltd. theme address spoke about how both in high-speed connections, and Mr. Vikram Tiwathia, Deputy India’s telecom sector has undergone virtual streaming and IoT applications Director General, Cellular Operators a complete metamorphosis in the too. Association of India. last 25 years. He deliberated about Mr. Ashutosh Vasant, Director- Mr. Sanjay Aggarwal, President, the infrastructure investment in POM, Railtel Corporation of India PHDCCI in his presidential address digital technology; the wave of 5G Ltd.said that we need a resilient and threw light on how the pandemic has technology; internet connectivity and reliable network, integrating all the accelerated the adoption of new and growth of smart-phones. assets, across the country so that all

PHD Chamber Bulletin | April 2021 55 CAW

operators can only concentrate on digital landscapes like IoT, OTT, etc. the mobile phones have completely investments in creating reach to the Mr. Sunil Joon, Chief Product transformed India’s digital landscape actual customers. He stressed on Officer, Micromax Infomatics Ltd. in the last few years. He added that creating a responsive organization spoke about how OTT, education fiberization is needed; data archiving which is transparent, accountable and technology, media and digital and labelling is required; best quality meets the needs of the market. economy boomed due to the telecom equipment with best price is Mr. Sanjeev Shriya, Regional pandemic. He deliberated that digital needed for India’s digital landscape to President, Idemia Syscom India Pvt. adoption has increased to a large get better. Ltd. talked about how without the extent last year with more than 200 Mr. Alok Mukherjee, Co- chairman, government support, Atmanirbharta million active whatsapp and facebook Telecom Committee, PHDCCI delivered cannot be achieved in the same users in India.He also added that the the vote- of- thanks to the panelists. measure. With schemes like PMI, PLI, combination of 5G services and AI The webinar was moderated by Dr promoting indigenous technologies will be a game changer and provide Yogesh Srivastav, Assistant Secretary like start-ups, all are now directed significant benefit to the telecom General, PHDCCI. The webinar was towards engaging the industry and industry. supported by IdemiaSyscom India Pvt. young entrepreneurs towards being Mr. Vikram Tiwathia, Deputy Limited. self-reliant. He spoke of how India Director General, Cellular Operators can exceed in both hardware and Association of India spoke on how software and has been leading in

Investment Opportunities in India’s Healthcare Sector

NITI Aayog released a report recently outlining the range of investment opportunities in various segments of India’s healthcare sector, including hospitals, medical devices and equipment, health insurance, telemedicine, home healthcare and medical value travel. India’s healthcare industry has been growing at a compound annual growth rate of around 22% since 2016. At this rate, it is expected to reach USD 372 billion in 2022. Several factors are driving the growth of the Indian healthcare sector, including an aging population, a growing middle class, the rising proportion of lifestyle diseases, an increased emphasis on public-private partnerships as well as accelerated adoption of digital technologies. The Covid-19 pandemic has not only presented challenges but also several opportunities for India to grow. All these factors, together make India’s healthcare industry ripe for investment.

In the hospital segment, the expansion of private players to tier-2 and tier-3 locations, beyond metropolitan cities, offers an attractive investment opportunity. With respect to pharmaceuticals, India can boost domestic manufacturing, supported by recent Government schemes with performance-linked incentives, as part of the Aatmanirbhar Bharat initiative. In the medical devices and equipment segment, expansion of diagnostic and pathology centres as well as miniaturized diagnostics have high potential for growth. Further, medical value travel, especially wellness tourism, has bright prospects, given India’s inherent strengths in alternative systems of medicine. Technology advancements such as Artificial Intelligence, wearables and other mobile technologies, along with Internet of Things, also offer numerous avenues for investment.

56 PHD Chamber Bulletin | April 2021 CAW

a must. India has been the fastest in adopting GMP as compared to other countries. Dr Rubina Bose, Deputy Drugs Controller (India), CDSCO (WZ), Ministry of Health & Family Welfare said that CDSCO ensured the availability of medicines during COVID times by giving approvals to various industry without compromising on quality of products. She also enumerated about various key areas of Good Manufacturing Practices like quality management system, good data and record management system, quality risk management and many more. She said that we need to adopt GMP standards to cope up with global market. Dr D P Ghosh, Corporate Head, Technical & Scientific, Albert & David Limited said that for pharmaceutical products, quality, efficacy and safety are the key words. GMP as per WHO requirement needs updating through the TRS. He further stated that all Scope of WHO-GMP related to Industry should be imparted training on regular intervals by industry experts and senior regulators. He also Certification in said that quality assurance is the most important factor today which keeps a check on stages of procurement, Pharmaceutical testing, manufacturing operations and documentations are in full proof. Industry & Government Mr. Mukesh Sinha, Advisor, Technical, Modi Mundi Pharma shared his views about the importance Support of WHO-GMP certification in the pharmaceuticals Industry. He also mentioned about significance he Health and Pharmaceuticals production that cannot be eliminated of maintaining data integrity for Manufacturing & Medical through testing the finished product. delivering consistent quality of the Devices Committee of PHDCCI T He mentioned about the five key products. He also urged for various in association with the Department elements, which are often referred to training programs/ sessions to be of Pharmaceuticals, Ministry of as the 5Ps of GMP - people, premises, conducted for the Industry on WHO- Chemicals & Fertilizers organized processes, products and procedures GMP certification. a webinar on ‘Scope of WHO-GMP (or paperwork) and said that MSMEs Certification in Pharmaceutical should make sure to make their plants Dr Ghulam Moinuddin, Team Lead, Industry & Government support’ on GMP compliant for the growth & to Freyr Solutions thanked CDSCO for March 26, 2021. get into quality consistency especially the tremendous work done by them during COVID times and mentioned The Guests of Honour were Dr in Pharmaceutical as it directly deals that the number of WHO GMP certified Rubina Bose, Deputy Drugs Controller with human lives. companies are rising in India and need (India), CDSCO (WZ), Ministry of Dr Ramesh Goyal, Vice Chancellor, to comply with it. Health & Family Welfare and Prof. Delhi Pharmaceutical Science & Ramesh Goyal, Vice Chancellor, Delhi Research University said that the Dr Harvider Popli, Co-chair, Health Pharmaceutical Science & Research Government has taken exceptional Committee, PHDCCI & Director, University. measures for COVID-19 and the School of Pharmaceutical Science, DPSRU delivered the vote-of-thanks While giving the welcome remarks, regulators have speeded up the to the guests. Mr. Pradeep Multani, Senior Vice regulatory approvals. He added that President, PHDCCI said that the GMP the country is witnessing Biopharma The session was moderated by guidelines are designed to minimize the revolution. He stressed that to boost Mr. Vivek Seigell, Assistant Secretary risks involved in any pharmaceutical the pharmaceutical exports, GMP is General, PHDCCI and Dr Ravi Rathod, Deputy Secretary, PHDCCI.

PHD Chamber Bulletin | April 2021 57 58 PHD Chamber Bulletin | April 2021 Virtual Session of Startup Summit

he Chandigarh Chapter of PHD registration process, recognition the past four years. She spoke on the Chamber organized a virtual schemes, seed funds and special government funding schemes and the Tsession of Startup Summit on agreements with Ministries and application process. February 19, 2021 in collaboration corporates to promote products and Mr. Madhu Sudan Vij, Chair, with Chandigarh Administration and services of Startups. Chandigarh Chapter, PHD Chamber Startup Punjab. She informed the participants informed the participants regarding Mr. Yashpal Garg, IAS, Secretary, regarding various modes created by services provided to startups through Chandigarh Administration informed the Government of India to provide PHD-MSME Mentoring & Guidance that Chandigarh will soon get its market access to startups including Center. own Startup Policy with special focus access to 30 States / UTs through While moderating the session, Mr. on women entrepreneurship. The their policies, international tie-ups Param Kalra, Regional Chair, Startup incubation Centre at Chandigarh for IT with 11 countries to open access to Committee requested for solutions sector is operating since 2001. The new their investors and markets, tie-ups for the challenges faced by startups policy will focus on accommodating with corporates to promote products including the cost of incorporation of non IT Startups and expand the and services by startups, pro bono a company, higher cost of power and scope of incentivizing to private and service with listed companies and internet supply, need to enhance the institutional incubators, co-working government engagement for social exposure and reach for the tier 2 and spaces and startups. startups. She added that exclusive tier 3 cities based startups, availing the Ms. Aastha Grover, Head, patent application route created for government schemes and access to Startup Hub, Invest India conducted DPIIT registered startups increased funds to incubators and startups. a workshop on startup schemes, the patent registration three times in

President promulgates Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 The President promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 on April 4, 2021 to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code). The amendments aims to provide an efficient alternative insolvency resolution framework for corporate persons classified as micro, small and medium enterprises (MSMEs) under the Code, for ensuring quicker, cost-effective and value maximising outcomes for all the stakeholders, in a manner which is least disruptive to the continuity of MSMEs businesses and which preserves jobs. It is expected that the incorporation of Pre-Packaged insolvency resolution process for MSMEs in the Code will alleviate the distress faced by MSMEs due to the impact of the pandemic. It provides an efficient alternative insolvency resolution framework for corporate persons classified as MSMEs for timely, efficient & cost-effective resolution of distress thereby ensuring positive signal to debt market, employment preservation, ease of doing business and preservation of enterprise capital.

PHD Chamber Bulletin | April 2021 59 adopted by his company to reduce the space cost by use of mobile containers for temporary storage during the peak season instead of permanent covered space. He added that transportation, packaging and loading/unloading cost are also being saved in this process. Mr. Achal Paliwal, CEO, Tata Motors Distribution Co. Ltd. shared that post Covid, the demand for vehicles has gone up but manufacturing is still low. He said that to save on costs, their company is working on JIT Model as logistics and warehousing are a major cost for the auto sector. Mr. Paliwal suggested that unused land of railways can be used for building warehousing facilities with Industry- Punjab Logistics & Government collaboration. Mr. Satyam Choudhary, Senior Warehousing Connect - Director - New Supply Chain Capabilities, Flipkart said now speed Forming Future of delivery is a major parameter for customers, therefore, they are decentralizing the warehousing Collaborations facilities to be closer to the customers. Mr. Chaudhary added that as the he Chandigarh Chapter of PHD logistic sector and makes Punjab an customer base is expanding to Tier- Chamber organized a virtual attractive investment destination for 2 and Tier- 3 cities, the lack of quality session on “Punjab Logistics warehousing and logistic companies. warehousing is a major bottleneck T for e-commerce companies. He said & Warehousing Connect - Connect He invited warehousing and logistic - Forming Future Collaborations” companies to invest in Punjab and mechanized warehouses and digital on February 26, 2021 with the assured all support. supply chain are the present trend objective of exploring factors driving Guest of Honor, Mr. Yashanjit in industry as these provide cost growth, consolidation of services, Singh, IRTS, Managing Director, Punjab effective and efficient solutions. decentralization of warehousing, State Warehousing Corporation Mr. Puneet Mehndiratta, Vice expansion plans in Punjab and noted that Punjab has a major share President, Adani Logistics shared that collaboration opportunities between in e-commerce in the region and has their company has commissioned silo Industry and the Government. good road, rail and air infrastructure storage facilities in Punjab and M.P. Chief Guest, Mr. Sibin C, IAS, and is strategically located as far as for scientific storage of food grains to Secretary, Department of Industries logistics is concerned. It is part of the reduce wastages. In Himachal Pradesh, & Commerce, Government of Punjab Eastern Freight Corridor. It has a multi- they have created an integrated cold said Punjab has great potential for modal park with lot of potential for supply chain – Adani Agrifresh for logistics and warehousing companies. logistics and warehousing sector. He storage, packing and supply of apples. Logistics is a very important sector for invited industry to invest in logistics He said that Punjab has great potential Punjab as it is a landlocked state and and warehousing sector in the State. for Container Depots which can be ranks second in ease of logistics. Presenting the industry built on PPP mode. Mr. Sibin informed that the State perspective, Mr. Ramesh Agarwal, Mr. Madhu Sudan Vij, Chair, has a separate Logistics Cell to provide Chairman, Agarwal Movers and Chandigarh Chapter, PHD Chamber land and assist the logistics companies. Packers said that consolidation appreciated the setting up of State Punjab is part of Eastern Dedicated of warehousing was triggered by Logistics Committee by the Punjab Freight Corridor that runs from GST but COVID-19 has necessitated Government to address the concerns Ludhiana to Calcutta. Besides, there is decentralization of the same. He related to logistics infrastructure an ICD in Amritsar and Mega Industrial informed that the need of warehousing and process barriers in a time-bound Parks are coming up in Ludhiana, space is not same throughout the manner. Bathinda and Rajpura. Moreover, the year. While it rises during the peak The session was moderated by Mr. State has a business friendly Industrial season, but during the lean period Himanshu Rattan, Partner, KPMG. Policy that offers numerous incentives the space remains unutilized. As the Ms. Madhu Pillai, Regional Director, to investors. He mentioned that warehousing space involves huge cost, PHDCCI Chandigarh delivered the presence of over 2.6 lakh MSMEs offer there is a need to optimize the use of vote-of-thanks to the distinguished great potential for warehousing and space. He shared the model being guests and participants.

60 PHD Chamber Bulletin | April 2021 Stakeholders’ Conference on Aerospace and Defence Policy of Haryana

he Defence & HLS Committee Department, Haryana, to formulate Haryana Government said that the and Haryana State Chapter the aerospace and defence policy by suggestions given by the stakeholders Tof PHDCCI in association May, 2021. are vital for the formulation of a with Civil Aviation Department, Mr. Pradeep Multani, Senior dynamic and comprehensive policy by Haryana Government organized Vice President, PHD Chamber in his incorporating their recommendations. the ‘Stakeholders’ Conference welcome address deliberated on He informed that special concessions on Aerospace and Defence Policy Haryana’s contribution for national will be given to the industries investing of Haryana’ on March 16, 2021 at defence. He underlined that the need in the field of aerospace and defence Panchkula, Haryana. of the hour is to make a policy for in the state. The objective of the program industries in the field of defence and Dr Saket Kumar, Director General, was to provide strategic direction for this will also strengthen Prime Minister Industries and Advisor, Civil Aviation, development of the sector in Haryana Narendra Modi’s Atmanirbhar Govt. of Haryana, requested the through Aerospace and Defence movement. stakeholders to invest in the state of Policy. Mr. Pranav Gupta, Chairman, Haryana. Chief Guest, Mr. Dushyant Haryana State Chapter of PHDCCI said Mr. Vikram Sahgal, Co-chair, Chautala, Deputy Chief Minister that best possible cooperation would PHDCCI Defence & HLS, Committee; of Haryana spoke about plans to be made by the representatives of the Mr. Rudra Shriram, Co-chair, PHDCCI revive the Defence and Aerospace Chamber in framing this policy with Defence & HLS Committee; Dr S K manufacturing in Haryana by working the Government of Haryana. Jha, Chairman & Managing Director, at the grass roots level. He informed Mr. M K Gupta, Chairman, Defence MIDHANI; Mr. Partha Roy Chowdhury, that a committee consisting of & HLS Committee, PHDCCI in his Commercial Lead, Lockheed Martin representatives of Civil Aviation presentation highlighted on industry India Ltd.; Mr. C P Aggarwal, Head- Department, MSME Department, expectations from the Haryana Defence Business, Jindal Stainless Ltd. Industries Department and PHD Government and appreciated the draft and Mr. Pulak Sen, Founder Secretary Chamber will be formed under the policy on Aerospace and Defence. General, MRO Association of India chairmanship of Dr Saket Kumar, deliberated upon the topic and gave Mr. Sudhir Rajpal, Additional Chief Director General, Civil Aviation their suggestions to make the Haryana Secretary, Civil Aviation Department, Policy more industry friendly.

PHD Chamber Bulletin | April 2021 61 E Udhyam Sangyan

Udhyam Sangyan was organized established with latest technology to score for industry, he apprised that by Haryana State Chapter of maintain high quality and productivity a company’s reputation is the most E PHD Chamber in association with minimum cost and maximum crucial factor for its growth. He opined with SIDBI on February 23, 2021. delivery and has various national and that use of appropriate technology The objective of the program was international accreditations. and following good manufacturing to apprise industry about the best Mr. Yogender Chaudhary, IRS, practices can help in enhancing profits manufacturing practices, invoice Additional Principal Secretary to Chief by reducing labour costs. discounting schemes and funding Minister of Haryana and Principal Mr. Piyush Bhargava, Branch Head, schemes from SIDBI. Secretary, Sports and Youth Affairs, SIDBI gave a presentation to highlight Welcoming the speakers and Government of Haryana mentioned the various products offered by SIDBI participants, Mr. Rahul Priyadarshi, that jobs have not grown in to help the MSMEs with working GM, SIDBI stated that to achieve the proportion to population growth. He capital and term loans. target of AtmaNirbhar Bharat, MSMES added that manufacturing sector has Ms. Siddhi Satpute Manager, RXIL need to realize their full potential, in fact declined in the country after explained the working and highlighted and avail the schemes announced liberalization due to cheap imports the benefits of Trade Receivables by Government of India under the from countries like China. But now Discounting Scheme for industry. She Atmanirbhar Bharat Abhiyaan. the Government is focussing on the mentioned that all PSUs and industries Highlighting the benefits of using manufacturing sector to make the with turnover more than Rs. 500 crore latest technology for MSMEs, Mr. country self-reliant. need to register under the Invoice Mithilesh Jat, Vice President, Theon Mr. Punit Bansal Co-chair, Pharma Discounting Scheme. Pharmaceuticals Ltd., said that the Committee, Haryana State Chapter Mr. Naveen Joshi, Regional 3Ms – Men, Material and Machinery PHD Chamber mentioned that Manager, GeM explained the benefits are critical for success of the industry. the Government of India is doing of listing on GeM portal. To reinforce his point, he conducted commendable work and has developed Mr. Prashant Sardar, DGM, SIDBI a virtual tour of his company, Theon a right eco-system for growth of the delivered the vote-of-thanks to the Pharmaceuticals that depicted manufacturing sector in the country. participants. how state-of-the-art facility was Highlighting the importance of CIBIL

62 PHD Chamber Bulletin | April 2021 MSME Conclave

he Haryana State Chapter of mentioned that road connectivity with Employment Policy, 2020 focuses PHD Chamber jointly with the Jewar airport and the development of on employment generation and TDLF Industries Association, Yamuna Expressway would greatly targets to double the exports from Faridabad organized a MSME benefit the MSMEs based in Faridabad. the State. The Agri Business & Food Conclave on March 1, 2021 with the Delivering the welcome remarks, Processing Policy 2018 envisages objective to discuss the enabling Mr. Pranav Gupta, Chair, Haryana a prosperous rural economy by features of industrial policy of Haryana State Chapter PHDCCI stated that achieving accelerated growth in farm for growth of industry in the State after agriculture, MSME sector is the sector by creating strong value chain and to deliberate issues of Faridabad second-largest employment provider linkages with promotion of agro and industry. in India and can play a crucial role in food processing sector. Similarly, the Chief Guest, Mr. Anurag Aggarwal, achieving the vision of a self-reliant Haryana Gramin Udyogik Vikas Yojna IAS, MD, HSIIDC, Government of India. Appreciating the various promotes rural entrepreneurship by Haryana said that the focus of Haryana initiatives of Haryana Government for offering capital and interest subsidies. Government is on growth of MSMEs MSMEs in the State, Mr. Gupta said a Mr. J P Malhotra, President, DLF and employment generation. lot more needs to be done to expedite Industries Association, Faridabad He informed that in view of growth and enable industry to realize moderated the Question- Answer COVID-19, additional FAR has been its full potential in the State. Session and requested Mr. Aggarwal allowed for industries to provide for Mr. Upinder Singh, Manager, EY to facilitate release of assistance for stay arrangements for employees made a presentation to highlight up-gradation of infrastructure, setting without any charges. In addition, various schemes offered by the up of common effluent treatment the FAR has been increased for Haryana Government for the benefit plants and regularisation of industries all industries from 1.5 to 2.0 on of MSMEs. He mentioned that on unauthorised land. payment of prescribed charges. The Haryana’s industrial ecosystem Mr. Nikhil Sardana, Co-chair, Government has also planned to allot thrives on the back of a vibrant MSME Haryana State Chapter PHDCCI group housing sites to entrepreneurs sector. The major MSME footprint is delivered the vote-of-thanks to the to enable them to provide decent in the textiles, automobiles, food & Chief Guest and the participants. residential space to their employees beverages and engineering sectors. in the industrial area. Mr. Aggarwal The Haryana Enterprise and

PHD Chamber Bulletin | April 2021 63 Webinar to Celebrate The International Women’s Day

he Jammu Chapter of PHD Chairperson Jammu Development and all social issues are incomplete TChamber organized a virtual Authority shared that Women’s without women and shared that her webinar to celebrate the International Day is a day to introspect the long mother was an inspiration for her Women’s Day on March 8. 2021. journey a woman has undertaken. She and she taught her to always be a attributed her success to her mother provider, never be a seeker and this Mr. Naveen Seth, Assistant who has been always on backstage for will ensure you will be a decision Secretary General, PHDCCI in his nourishing her and also her father was maker. She stated that in J&K the opening remarks highlighted the an inspiration and great support for acceptance of women in society is importance and significance of her and as has been said that behind encouraging compared to other parts women in every person’s life, successful men there is a woman, she of country. Ms. P D Nitya IPS, SP City Mr. Rahul Sahai, Chairman PHDCCI said that behind a successful woman North, Jammu mentioned that from Jammu welcomed all the panellists on there is always a man behind that the administrative point of view, the International Women’s Day and said success. discrimination perception of educated that this day is dedicated to honor Ms. Sargun Shukla, IPS, SSP women and illiterate is altogether women throughout history and in Udhampur Jammu said that we need different. The working of women present times. to accept that women are an integral itself is challenging because she has Ms. Babila Rakwal (KAS) Vice part of our society. All social moments to compete with her male counterpart

64 PHD Chamber Bulletin | April 2021 back home who doesn`t have any empowered women. She added that launched her own art studio and today family or children responsibility and education will bring a great change in she has trained more than 600 people thereby a women has to balance her women. through her workshops. work and family altogether. We need Ms. Ruchika Gupta, Director Ms. Madeena Mir, Director, CNS to address this disparity of why men -Model Institute of Engineering and Infotel Services Pvt. Ltd. stated that can’t take care of children or family. Technology-Jammu, shared her it is essential to change the gender Ms. Sunaina Mehta, KAS, journey of creative pursuit in the stereotype belief of the society Deputy Commissioner, State Taxes field of education from working ina towards women. The society needs Enforcement, Jammu, shared her Company, starting a Chocolate Making to treat women at par with men. The story of a successful life from a border Venture and as Director Campus, potential and competence of the village of Jammu where she had MIET. As a woman, we should do women should be fully recognized so spend her childhood in conflict of justice with both spheres of our lives as to encourage them in the field of Cross border firings. She mentioned professionally and personally. business. Ms. Madina spoke about the that her source of inspiration was her Ms. Naina Kukreja, Director - expansion of her Company in J&K and father who educated her and today Mystique Eve, shared her journey provided employment opportunities she is able to help people in her native about the enterprise she has made to the educated women of J&K. village. and mentioned about how she Mr. Sanjay Aggarwal, Co-chair, Ms. Subah Mehta, KAS, General achieved the creative drive within and PHDCCI Jammu stated that the Manager DIC Jammu said that this launched her own successful Event year 2021 belongs to Women and day is to empower women and that management company. as an organization, we are pledged doesn’t mean we should superpower Ms. Sakshi Khullar, Founder – to support, recruit and provide men. She underlined that women Sakshi Khullar Art shared how she educational support to Women. should be given an opportunity in each has been supported by her father, The vote- of- thanks was delivered and every field, increase in visibility, her husband and how she pursued by Mr. Kuldeep Gupta, Co-chairman, financial independence gender parity her dream and passion for Art and PHDCCI Jammu. and then we can really say we have painting work and has successfully

Dr. Harsh Vardhan addresses WHO on World Health Day On the occasion of World Health Day on April 7, Dr. Harsh Vardhan, Union Minister for Health and Family Welfare addressed the WHO South East Asia Regional Office on April 7, 2021. The theme selected for this year, ‘building a fairer and healthier world for everyone’, could not have been more appropriate as it falls on all of us to collectively make sure that our policies, programmes and actions are guided towards a healthier future for all. This past year has brought home to us the need to ensure universal access to healthcare services, spanning from preventive to curative for each and every citizen, irrespective of their socio-economic status. Poviding universal health coverage, based upon a strong foundation of primary healthcare services ensures people have access to comprehensive care, ranging from promotive and preventive to treatment, rehabilitation and palliative care.

India launched its flagship Ayushman Bharat program on these lines, which has two components. The first endeavours establishment of 150,000 Health and Wellness Centres to deliver Comprehensive Primary Health Care while also focusing on health promotion, disease prevention, and multi-sectoral actions for social development in which citizens are active participants. The second component is the Pradhan Mantri Jan Arogya Yojana which provides cashless cover of Rs. 5 lakh per family per year for secondary and tertiary care.

India’s response to COVID-19 and its leadership role in enhancing global cooperation during these unprecedented times is an example of this approach. The COVID-19 vaccines being made in India are being shared with over 80 countries through our vaccine maitri initiative, a key step towards addressing inequities in vaccine distribution across the world.

PHD Chamber Bulletin | April 2021 65 Credit Rating and Alternative Source of Raising Finance for MSMEs

he Punjab Chapter of PHDCCI provide the same. This results in huge Solutions from CRISIL Ltd. mentioned organized an interactive video unmet demand for funds. Mr. Jain that credit rating is the first step for Tconference on ‘Credit Rating further added that it is important for approaching any bank or financial and Alternative Source of Raising businesses to have a good CIBIL score institution for loan. He said that Rating Finance for MSMEs’ on February 24, as this makes borrowing easy. He Agencies assess a firm’s viability 2021. Experts at the session shared said that now a number of alternate and capability to honour business that a good credit rating helps MSMEs sources of finance are also available obligations, provide an insight into to borrow easily and at cheaper rates. that are cost effective and easily its sales, operational and financial They explained that credit rating is accessible. He gave an example of composition, thereby assessing the based on a company’s credit report Supply Chain Finance (SCF) which is risk element and highlight the overall and past repayment trends, as well an easy and faster way to increase the health of the enterprise. A good credit as an indicator of the company’s working capital. He said that fintech rating can help a company gain faster future repayment capability. A good offers an innovative, simple and cost and cheaper loan. credit rating indicates a higher credit effective solution for e-commerce Mr. Rahul Priyadarshi, GM-cum- worthiness and lower risk of default companies. Regional In-charge, Small Industries for the lenders/ investors. Delivering the keynote address, Development Bank of India (SIDBI) Welcoming the participants, Dr H P Kumar, Former CMD, NSIC made a presentation on Financial Mr. R S Sachdeva, Mentor, Punjab & Advisor, PHDCCI said that banks schemes of SIDBI. Besides this, fast State Chapter, PHDCCI informed are unable to meet the demands credit can be availed under Speed, that the Chamber is conducting a of MSMEs because of strict lending Speed Plus and Pratham Schemes for series of sessions to address issues norms. However, a number of buying machinery. The Star Scheme of and concerns of the MSMEs. He alternate fund instruments like SIDBI provides loan for Rooftop Solar mentioned that in the past MSMEs factoring, TReDS and invoice financing Systems. have been struggling for finance but are available to MSMEs. However, due Mr. Rakesh Khurana, Regional now with Government initiatives, the to lack of awareness, small borrowers Manager, National Stock Exchange position is improving slowly and funds are not able to access credit from (NSE) made a presentation to explain have started flowing for MSMEs. these sources. Dr Kumar said that the equity route for raising capital on Mr. Mohit Jain, Chair, MSME credit rating by an established Rating NSE’s SME platform. Agency helps in getting the loan easily Committee, PHDCCI said that MSMEs Mr. Vijay Mittal, President, because a third party assessment are not able to avail bank loans Derabassi Industries Association gives confidence to the lender. easily as banks insist for collaterals delivered the vote-of-thanks to the to safeguard their loans but it is Mr. Mubasshir Bakir, Associate expert speakers and participants. not always possible for MSMEs to Director - Analytics & Operations, SME

66 PHD Chamber Bulletin | April 2021 Role of Intellectual Property (IP) in Innovation Management: Challenges & Prospects

he Punjab Chapter of PHD of filing the application and can be has to go in public domain after the Chamber organized an renewed infinitely. The trademark is validity period. Tinteractive video conference on valid only in the country in which it is Dr Shweta Sen, Head, IPR Integrum ‘Role of Intellectual Property (IP) in registered and is transferable. IP in her presentation on Innovation Innovation Management: Challenges She added that civil and criminal Management explained that & Prospects’ on February 25, 2021. remedies are available for violation of Innovation refers to an invention and Mr. Jaideep Singh, Convenor, IP Rights like using a similar mark for its commercialization i.e. converting Amritsar Zone of Punjab State similar or related goods or services innovative ideas into a practical action Chapter, PHDCCI, while welcoming or using a well-known mark. She plan so that it becomes a reality. Dr the speakers and the participants described that copyright means a legal Sen added that an innovation process informed that IP Facilitation Centre right of an author/artist/originator includes preparation, implementation, has been set up at Amritsar which and prevents such work from being scaling up, evaluation and provides all IP related services like copied or reproduced without the improvement of ideas. She said that Trademarks, Patents, Copyrights, consent of the copyright holder. for businesses, the key to success Designs and Geographical Indications. Copyright registered in one country is inventing and encouraging new Ms. Geeta Gulati, Advocate, Trade gets registered automatically in other ideas and leveraging the years of Marks & Patent Attorney explained countries and is valid for lifetime experience. She informed that that Intellectual Property (IP) Rights of the holder and 60 years after his innovations can be protected through include trade name, brand, logo death. In case of business entity, it is patenting as it prevents others from and designs. She mentioned that valid during life-cycle of the entity. copying without due permission of trademarks give identity to the She said that Industrial Designs the inventor thus allowing the patent business and includes name, color include product design that can be holder to commercially exploit his combination and style of writing manufactured in a factory and their innovations. The patent holder has the name and can be very effective registration is valid for 15 years. New the opportunity to license, franchise in penetrating new markets. She invention can be patented and their or sell the invention. further informed that the validity of registration is valid for a period of 20 trademark is 10 years from the date years and cannot be renewed and

PHD Chamber Bulletin | April 2021 67 and four phases of Quality Function Deployment. Quality Management: Mr. Ankur Dhir, Principal Consultant & Trainer Quality Solutions, Design & Standardization Chandigarh while explaining about need for Standardization said, every task regardless of how often you do, he Punjab State Chapter of Process Design and Standardization requires rules that define the scope, PHD Chamber in association decreases ambiguity, guarantees quality and methods to be followed. Twith Deutsche Gesellschaftfür quality and improves productivity He further said, standardization gives Internationale Zusammenarbeit (GIZ) and it ensures compliance in the most freedom to customize processes and organized an interactive video cost and resource-efficient manner, remain competitive. It gives the speed conference on ‘Quality Management: creating room for expansion, growth, to work and makes manufacturing Design & Standardization’ on February and profit, he added. cost-effective. 13, 2021 to apprise and update Mr. Naresh Chawla, Senior He apprised on Product and MSMEs, Industry members and Consultant, Kaizen Institute India Process Standards Applicable to Quality Management Professionals on emphasized that for advancing in the manufacturers giving both the process design and standardization technological field, it is important to Indian and Global perspective; use steps to improve quality and boost have designs that are human-centered of Standards; types of Standards productivity. and standardized. besides explaining how to implement Welcoming the participants, Mr. Quality function deployment is and establish a Quality Management R S Sachdeva, Mentor, Punjab State needed to help understand customer system. Chapter, PHD Chamber, said that needs and plan a product to provide Over 50 Industry members from quality management system affects superior value, he underlined. He the region including MSMEs enrolled every aspect of an organization’s made a presentation covering seven in the MSME INNO programme. performance. Use of QMS tools of principles of design; Kano model

World Bank Approves US$ 105 Million Project to Improve Urban Services in Two Cities of Punjab The World Bank Board of Executive Directors approved a US$ 105 million Punjab Municipal Services Improvement Project to strengthen urban services in Amritsar and Ludhiana, the two largest cities in Punjab. A major focus of the project will be on providing efficient water supply and sanitation services in Amritsar and Ludhiana, cities that are the engines of economic growth for the state of Punjab. The improvements in the water supply are expected to benefit more than 3 million people in 2025 and an estimated 5 million projected population in 2055. Industrial and commercial users would also benefit from the good quality reliable water supply. The project will finance all new raw water systems, water treatment plants, transmission systems, and reservoirs to supply clean water to cover entire cities under a Design; Build, Operate and Transfer (DBOT) contract. The DBOT operator will manage the operations and maintenance of these water supply systems under the direct supervision of the municipal corporations in the two cities through city-level water utilities.

68 PHD Chamber Bulletin | April 2021 Tips and Techniques to Boost Online Sales

he Punjab State Chapter of explained the techniques that can be and understand the way Google and PHD Chamber in association used to boost effectiveness of Online other search engines navigate the with Deutsche Gesellschaftfür Sales Strategies. He mentioned that internet. Specific queries regarding T Customer Persona, Off-Page SEOs Internationale Zusammenarbeit (GIZ) a good online sales strategy should and Hisales Consulting Pvt. Ltd. focus on the vision and objectives that and Backlinks were answered by the organized an interactive session on need to be achieved. It will identify expert. ‘Tips and Techniques to Boost Online Key Performance Indicators (KPIs) Ms. Rekha Agashe, ED & Managing Sales’ on February 22, 2021 to apprise which will chart the progressions Partner, Hisales Consulting Pvt. and update MSMEs and Industry of the strategy towards the desired Ltd. Mumbai, offered a One-on- members on concepts and methods outcome. One Strategy Session for all MSME- to boost online sales. During the Open House INNO participants free-of-charge to Mr. Prakash Batna, Founder,CEO, discussions, Mr. Batna guided the evaluate their current strategies and Hisales Consulting Pvt. Ltd., Mumbai participants to use Google analytics the alternatives available to them to boost online sales.

Increase in FDI inflows The measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country. India has attracted total FDI inflow of US$ 72.12 billion during April-January, 2021 versus US$ 62.72 billion in the same period of last fiscal year. FDI equity inflows grew by 28% in the first ten months of F.Y. 2020-21 (US$ 54.18 billion) compared to the year ago period (US$ 42.34 billion). Singapore was the top investor country followed by USA and UAE. Computer Software & Hardware emerged as the top sector during the first ten months of FY 2020-21 followed by Construction (Infrastructure) Activities and Services Sector respectively.

PHD Chamber Bulletin | April 2021 69 approach to make the participants understand the components of Cost Reduction Techniques Costing of Manufacturing Products. Mr. Chawla explained how to identify to Enhance Profits the non-value adding activities and work on building Cost Efficiencies without reducing the functionality and he Punjab State Chapter of The Components of CoPQ namely, quality of the products manufactured. PHD Chamber in association Appraisal Costs, Internal Failure Cost, He explained if the Material Cost is Twith Deutsche Gesellschaftfür External Failure Costs and Prevention forming the major proportion of the Internationale Zusammenarbeit (GIZ) Cost were explained citing various Cost, the same can be reduced by organized an interactive video examples. Mr. Dhir gave references improving the quality and design of conference on ‘Cost Reduction of various quality Gurus like JM Juran, the products. Techniques to Enhance Profits’ Philip Crosby, H. James Harrington, He apprised participants that on February 23, 2021 to apprise etc. and traced their contribution to CoPQ has been one of the biggest and update MSMEs and Industry the evolution of the Quality Concept. hindrances to the competitiveness members on cost reduction methods The contribution of the Japanese of the MSME sector. To reduce CoPQ and strategies to reduce costs and concepts of Kaizen, 3M (Muri, Mura quality, Manufacturing Units can increase profit margins. and Muda) and Genchi Gembutsu employ Quality Planning, Quality Mr. Ankur Dhir, Principal were explained in context with Toyota Control and Quality Improvement. Consultant and Trainer Quality way of quality management. He informed that very advanced Solutions, Chandigarh, apprised on The next concept discussed was techniques have been developed the concept of Good Quality and Cost understanding of value in context of under Industry 4.0 to manage quality of Poor Quality (CoPQ). He elucidated manufacturing products and services using automated technologies. the impact on CoPQ on the entire along with steps of Value Engineering Many MSMEs enrolled in the manufacturing process, impact on (VE). MSME INNO programme benefited customers and overall sustainability of Mr. Naresh Chawla, Sr. Consultant, from the programme. the organizations. Kaizen Institute India, shared a detailed

70 PHD Chamber Bulletin | April 2021 Productivity Improvement Through Process Waste Reduction

he Punjab Chapter of PHD but the methodology has unlimited Chandigarh made a presentation to Chamber in association with scope as technology can be leveraged explain the cost reduction techniques TDeutsche Gesellschaftfür to improve productivity infinitely. He through material flow cost accounting Internationale Zusammenarbeit added that return on money invested (MFCA) and Zero Effect and Zero (GIZ) organized an interactive is a measure of efficiency, implying Defect (ZED) Model. video conference on ‘Productivity how fast an entity is able to rotate its Mr. Dhir mentioned MFCA is Improvement through Process Waste assets. a management tool that assists Reduction’ on March 6, 2021 to Mr. Chawla underlined that organizations to better understand apprise MSMEs and industry members innovation is a key to success for the potential environmental and about the principles of lean, ZED and businesses as it leads to enhanced financial consequences of their Material Flow Cost Analysis and their sales and better profit margins. material and energy practices and application in reducing process waste. Therefore, new products, new seeks to improve them via changes in Mr. Naresh Chawla, Senior methods of production, new sources those practices. Consultant, Kaizen Institute India of raw material, creation of monopoly, Mr. Dhir explained that the ZED made a presentation on improving breaking up of monopoly and Certification Scheme is an extensive productivity and processing exploring new markets are extremely drive of the Government of India for waste management. He said that important for businesses. inculcating Zero Defect & Zero Effect productivity is the prime factor Highlighting the importance of practices in manufacturing processes determining the competitiveness of elimination of wastage, Mr. Chawla to ensure continuous improvement a company. Productivity depends said that in addition to preventing for enhancing global competitiveness on efficiency, effectiveness and material wastage, focus should be to of MSMEs in the country. The Scheme adaptability. He pointed out that avoid wastage of time and manpower. includes assessment of business during COVID-19 pandemic, only those He said that activities which consume processes, rating and handholding of companies survived who modified time and resource but do not add MSMEs to optimize their production their operations according to the value are categorized as non-value with intervention of experts. changed circumstances. adding and should be avoided to Many MSMEs enrolled in the Mr. Chawla shared that for increase profitability. MSME INNO programme benefited entrepreneurs, productivity and Mr. Ankur Dhir, Principal from the programme. resource utilization have a cap as Consultant & Trainer Quality Solutions, they cannot go beyond 100 percent

PHD Chamber Bulletin | April 2021 71 Meet up with Innovative Solution Providers of Punjab and the Hospitality Sector

he Punjab Chapter of PHD that Punjab is very popular for religious & Restaurant Association said that Chamber in association with GIZ tourism and Golden Temple happens hygiene and cleanliness have become Torganized a video conference to be the most visited religious place very important due to COVID-19 and as titled ‘Meet up with Innovative in India. In addition, farm tourism also such the maintenance cost of hotels Solution Providers of Punjab and the holds great potential in the State as and restaurants has gone up. He Hospitality Sector’ on March 15, 2021 Punjabi lifestyle and Punjabi cuisine suggested that low cost and organic to enlighten the industry stakeholders are very famous. She added that solutions should be developed. about the new innovative technology post COVID-19, domestic tourism has Deliberating on the current solutions available that ensures received a boost and farm tourism has challenges and future necessities of increased cleanliness and hygiene become popular with the visitors as the Hospitality sector, Mr. Manmeet with minimum physical contact. they prefer open and less congested Singh, Chair, Indian Association of Tour Welcoming the speakers and destinations. Operators (IATO), PB ADTOI, Northern participants, Mr. Harkirat Singh, Ms. Shoba Mohan said travel India shared that COVID-19 pandemic Chairman, Tourism Committee, insurance is a good idea especially has changed customer behaviour and Punjab Chapter PHDCCI & Owner, in pandemic situations. Speaking they have become more conscious Citrus County Farms Stays said that about the importance of signage in about safety and cleanliness. the COVID-19 pandemic has provided promoting brands, she said that well- Innovative MSMEs including SBL a good opportunity to promote branded and good signage at popular Speciality Coatings, Jal Bath Fittings, tourism in rural India as visitors now places and events like HollaMohalla Tristar Pharmaceuticals, KS Munjal prefer more open and safe places. can go a long way in popularising Industries, Ekam Traders, Mansar He suggested that the Government innovative products. Herbals and Priority Solutions gave should encourage road travel so that Sharing his business experience presentations about their Covid safety people can experience Rural India. during COVID-19, Mr. Piyush Kapoor, products that can be very useful for In her keynote address, Ms. Shoba General Secretary, Amritsar Hotel the hospitality industry. Mohan, Founder, Rare India stated

72 PHD Chamber Bulletin | April 2021 Meet up with Innovative Solution Providers of Punjab and the Healthcare Sector

he Punjab Chapter of PHD Association (IMA), appreciated Chamber is implementing GIZ MSME Chamber in association with GIZ the timely support of industry in INNO programme to handhold MSMEs Torganized a video conference providing PPE kits, sanitizers, etc. for who have done any innovation or titled ‘Meet up with Innovative fighting the pandemic. He added that developed any product/process Solution Providers of Punjab and Covid has opened a wide window of related to Covid in present times. the Healthcare Sector’ on March 17, opportunities for the Government Under the project, the Chamber is 2021 to deliberate on the present to restructure and reform the Indian providing technical support to MSMEs challenges and future opportunities healthcare industry to meet similar by identifying the challenges and for the healthcare sector. challenges in the future. issues being faced by them in their Delivering the Keynote Address, Deliberating on Current business model related to marketing, Dr Gurinderbir Singh, Director, Health Challenges and Future Necessities technology, productivity, compliance and Family Welfare, Government of the Healthcare sector, Dr Kuldip to quality standards and offering of Punjab stated that as COVID-19 Singh, Punjab State President of relevant solutions for their growth pandemic suddenly affected the Indian Medical Association (IMA) under the project. whole world, it posed both human said that Healthcare providers and Innovative MSMEs, Tristar resource and technology challenges. MSMEs supplying the healthcare Pharmaceuticals, Chandigarh; SBL The disparity in urban & rural equipments are most important for Speciality Coatings, Derabassi; Jal healthcare infrastructure was another fighting COVID-19. Dr Kuldip Singh Bath Fittings, Mohal; KS Munjal big challenge. He mentioned that the cautioned that the huge amount of Industries, Ludhiana; Ekam Traders, industry rose to the occasion and Covid related biomedical wastes being Amritsar; Mansar Herbals, Jalandhar; developed new technologies and produced is posing an immense risk to Priority Solutions, Mohali; Clarity products that helped in combating the the environment. He suggested that Medical, Mohali; Shri Krishan contagion virus but human resource industry should focus on development Industries, Phagwara and Shri Shyam still continues to be a challenge. He of biodegradable equipments to save Industries, Sangrur participated and hoped that the innovations developed the ecosystem. made presentations to enlighten for fighting COVID-19 will be useful in Earlier, welcoming the eminent about their products which could be post pandemic times also. speakers and participants, Mr. R S used in healthcare sector for fighting Dr Navjot Singh Dahiya, National Sachdeva, Mentor, Punjab Chapter, the spread of the pandemic. Vice President of Indian Medical PHD Chamber shared that PHD

PHD Chamber Bulletin | April 2021 73 as first generation entrepreneur in successfully running his business E-UdyamSangyan enterprise. Mr. Harsh Pathak, Senior Business Best Practices for MSMEs Development Officer, Receivables Exchange of India (RXIL) informed that on RXIL platform transaction To Take Them to New Growth worth Rs. 10000 crores are being processed and overall in India bills/ Trajectory receivables of amounting to Rs. 30000 crores are being factored in. HDCCI - Rajasthan Chapter through GeM would immensely Mr. Suraj Sharma, Business organized a webinar on benefit MSMEs. Facilitator, GeM Portal in his P“E-UdyamSangyan – Best Mr. Digvijay Dhabriya, Chairman, presentation explained the entire Practices for MSMEs to take them to PHDCCI, Rajasthan Chapter shared his process of using GeM portal by MSME new Growth Trajectory” on March 23, experience on successfully managing vendors through a virtual tour of the 2021 in association with SIDBI. his own enterprises. He emphasized portal. He informed that the GeM Mr. Balbir Singh, General Manager, the need for always adopting best Portal is a boon to MSMEs and every Small Industries Bank of India (SIDBI) practices in business keeping in view one should make best use of the informed that SIDBI has been taking the dynamic economic situation same. He informed that the portal various steps for the promotion, and ever growing competition. Mr. is going to achieve a total turnover development and financing of MSMEs. Dhabriya informed that PHDCCI Rs. 100000 crores in March 2021 with Mr. Singh said that MSMEs were and SIDBI have signed an MoU for 23 lakhs products and 12.3 lakhs sellers. badly hit during COVID, however they organising programs and initiatives He further informed that around 50% are now staging a smart recovery & for the benefit of MSMEs. sellers on the portal are from MSMEs enchasing on huge opportunities that Dr Yogesh Srivastav, Assistant fetching 58% of the total business. emerged post COVID. He called upon Secretary General, PHDCCI stated Mr. Keshav Gupta, Chartered MSME entrepreneurs to be vigilant that PHD Chamber would be glad to Accountant, R Sogani & Associates on their CIBIL rating. He appreciated collaborate with SIDBI for betterment touched upon the taxation aspects the Government of Rajasthan Scheme of MSMEs. for MSMEs and advised MSMEs to of Interest Subsidy under MULPY & Mr. Rajat Mathur, Partner, be vigilant with regard to various emphasized that MSMEs should come Credence International & Chairman, notifications and upcoming tax laws forward to take advantage of the Handicraft & MSME Committee, to avoid liabilities. same. He mentioned that Receivable PHDCCI Rajasthan Chapter gave good Mr. Suneel Dutt Goyal, Co- Management and exploring New tips for best practices with regard chairman, PHD Chamber, Rajasthan Markets are the important issues to customers, technology, new Chapter delivered the vote-of- thanks for MSMEs and the management of markets, finance & cash flow, HR for to the guests. Trade Receivables Discounting System MSMEs and shared his experience (TReDs) & exploring new markets

74 PHD Chamber Bulletin | April 2021 conference was organized by Uttarakhand State Chapter of A PHDCCI in partnership with Travelxp’s Launch Event Travelxp, a global Indian travel channel on March 5, 2021 for the launch of for the Uttarakhand Travel program titled “Travel Diaries with Healer & Rohan”. The participants included representatives from print, Show electronics, radio & online media. The program was graced by Mr. Naresh Bansal, MP, Hon’ble Rajya Sabha member from Uttarakhand as Chief Guest. Guest of Honor was Ms. Anukriti Gusain, Entrepreneur from Uttarakhand and Former Miss Grand India, Miss Asia Pacific World, 2014 & Miss Grand International, 2017. The travel show, “Travel Diaries” was shot in Uttarakhand, after the pandemic and is being telecast from March 5, 2021 in more than 50 which confirms to the vision of Indian Himalayan state of Uttarakhand, countries in over 16 languages to more Government for ‘Make in India’ which will definitely attract quality than 120 million homes. This show is by Indians and for the world. Mr. tourists from across the globe and will also India’s first major travel show Chothani stated that Travelxp will play showcase the state in a new light. featuring a dog in the leading role. an important role in rebuilding brand Mr. Rohan Patoley, the host Mr. Verendra Kalra, Chairman, Uttarakhand post the pandemic. He and director of the show shared Uttarakhand Chapter PHDCCI in his said, “The challenge of shooting in the some experiences about shooting welcome address stated that PHD pandemic was immense. Now, with in Uttarakhand. “Uttarakhand is not Chamber understands that Himalayan the reach and visibility of Travelxp in about just its destinations and its Travel industry has to adopt to the more than 50 countries in the world, natural beauty, but most importantly SDGs for sustaining the long-term Uttarakhand Tourism will receive about its people. We covered more relevance at the global level and to a big boost in footfalls in the post- than 10 districts of Uttarakhand in realize the state government’s vision Covid world. Uttarakhand will be one this show, and the warmth, love and to be one of the top three destinations of the top 3 destinations in India for support of the people have made this in the country. He added that PHD tourists by 2025. It is time to convert show what it is.” He also remarked Chamber is partnering with global this potential into a strength. We that shooting with a pet was a unique players like Travelxp& others including are committed to the sustainable experience for the first time, and this UNDP, ICIMODE and more. development of Uttarakhand will definitely show people the unique, Mr. Tanay Chothani, a young Tourism.” unexplored experiences Uttarakhand Director, Digital and Special Projects Mr. Anil Taneja, Regional Director, has to offer.” of Travelxp presented the TRAVEL Uttarakhand Chapter PHDCCI, On day 2, Travelxp hosted an event DIARIES theme, which he stated is informed that Uttarakhand Diaries for all the tourism and travel industry showcasing hidden treasures of the is an important platform provided dignitaries of Uttarakhand as a token Himalayan State of Uttarakhand. He by Travelxp to showcase unseen of gratitude. PHDCCI Member, Hotel added that TRAVELXP is the channel treasures of Crowning Glory of Four Points by Sheraton – Dehradun sponsored the conference.

PHD Chamber Bulletin | April 2021 75 higher profitability. The small business units, he stated, need to upgrade Resource Efficiency & their management skills, capacity to gather information and upgrade their technology base. Cleaner Production Mr. Anand Vardhan, Principal Secretary for Environment & Forests and Chairman for Uttarakhand Pollution Control Board stated that while large industries have abilities to implement strategies continually for technology and quality upgradation, MSMEs require technical and financial support to improve their production process with cleaner production, to achieving resource efficiency and reduced pollution. Mr. Raghu Babu Nukala, Project Director of GIZ India urged industry to adopt RECP program which will help Indian MSMEs to be globally competitive. Mr. Nitesh Patel from GIZ presented case studies & made the industry aware of various tools & technologies available for industry to adopt best practices for RECP. Mr. Verendra Kalra, Chairman Uttarakhand State Chapter of PHD Chamber added that RECP is a vital HD Chamber in collaboration with Chief Guest, Hon’ble Minister for program for enhancing the MSME the Department of Environment Environment & Forests, Dr Harak Singh sustainability by improving efficiency & Forest, Govt. of Uttarakhand Rawat, speaking on the occasion, P through various technologies & tools. and the German organization, Konrad- stated that it is important for the Adenauer-Stiftung (KAS) organized industry to take this opportunity Mr. S.P. Kochhar Mentor & an awareness seminar cum webinar particularly after the global medical former Chairman of PHD Chamber on The Pollution Control Board’s emergency to learn a lesson to be Uttarakhand shared his case study program of Resource Efficiency & holistic in their approach and adopt which he stated was adopted by his Cleaner Production (RECP) on January sustainable development goals. He hotel much before the compliances 29, 2021. GIZ, the technical consultant said that indiscriminate exploitation for environmental protection were of Pollution Control Board has helped of natural resources has the potential enforced.. some industries to run this program in to cause natural havoc at molecular & Mr. Harendra Garg, President the state. The session aimed to make universal levels. SMAU appealed to the State Govt. industry aware about the benefits Mr. Peter Rimmele, Resident to set up more Common Effluent industry can reap by applying various Representative to India, Konrad- Treatment Plants for more effective technologies for RECP in their units to Adenauer-Stiftung in his address control measures by UKPCB. reduce energy, waste management stated that adoption of RECP Mr. Pankaj Madan Deputy Head, and input costs. strategies result in reduced production India Office of Konrad-Adenauer- cost, optimal use of resources and Stiftung moderated the technical session.

76 PHD Chamber Bulletin | April 2021 Role of Industry in Pollution & Control Measures for Sustainable Development in Uttar Pradesh

he Uttar Pradesh Chapter of PHD Mr. G. Mohankrishna, Plant Head, Cabinet Minister, Environment, Forest Chamber organized a virtual Wheels India Limited, briefed about & Climate Change Department, Uttar Tconference on “Role of Industry his company and its products where Pradesh expressed happiness seeing in Pollution & Control Measures for he spoke about Steel production the industry concerns over sustainable Sustainable Development in Uttar which has a number of impacts on the development. He informed that under Pradesh” on February 20, 2021. environment. the dynamic leadership of the Hon’ble Mr. Sanjay Aggarwal, President, Dr R K Singh, Regional Director, Chief Minister of Uttar Pradesh, the PHDCCI said that pollution prevention Central Pollution Control Board State Government has been working is preferable to reliance on end-of-pipe apprised that the Central Pollution very proactively and dedicatedly pollution controls. He also stated that Control Board (CPCB) has been towards luring big industrialists. industries nowadays recognize and playing a key role in abatement and Mr. Ashish Tiwari, Member promote the concept of sustainable control of pollution in the country by Secretary, UP Pollution Control Board development, in which growth generating, compiling and collating highlighted that under the various and environmental protection are data, providing scientific information, policies of UP Pollution Control compatible and industries encourage rendering technical inputs for national Board, Uttar Pradesh government is the adoption of cleaner production policies and programs, training and committed to take a transformative approaches, which go beyond development of manpower and step to control pollution and reduce pollution prevention. through activities for promoting emissions to ensure sustainable Dr Lalit Khaitan, Chairman, UP awareness at different levels of the development. State Chapter, PHDCCI, welcomed Government and Public at large. Dr Ranjeet Mehta, Deputy the dignitaries and shed light upon Dr Anup Chandra Pandey, IAS Secretary General, PHDCCI moderated the growing urbanization along with (Retd.), Former Chief Secretary – UP, the session and also shared his deteriorating air and water quality & Member, National Green Tribunal valuable insights about the subject. which is causing most dangerous - Oversight Committee U.P. said that Mr. Mukesh Bahadur Singh, health issues. Dr Khaitan also development, be it industrial or non- Senior Advisor, PHDCCI - UP Chapter highlighted the way forward to industrial, should be in harmony with delivered the vote- of- thanks to the optimize and conserve water use in the Nature. dignitaries. industries. Mr. Dara Singh Chauhan, Hon’ble

PHD Chamber Bulletin | April 2021 77 introduction about his company and the challenges being faced by the MSMEs nowadays. Mr. Agarwal also shared his business strategy with the Small Enterprises based on the following pillars, viz. Growth mindset, growth planning, periodic progress review, process implementation and situation based adaptation in the business models of MSMEs. Mr. Praveen Wadhwani, Business Facilitator – UP, GeMS shared an in- depth introduction of GeM Portal. The Government e-Marketplace (GeM) is a one stop portal to facilitate online procurement of common use goods & services required by various Government Departments / Organizations / PSUs. Mr. Prakruti Pratay Choudhury, AGM, SIDBI through a power-point presentation briefed about some of E - UDYAM SANGYAN the direct lending products of SIDBI which were – Speed, Speed Plus, he Uttar Pradesh Chapter of and open new horizons for growth. Pratham, Star and Retail Loan Scheme (RLS). PHD Chamber organized a Mr. Sunil Kumar, Joint virtual seminar on “E – Udyam Commissioner, Department of Mr. Abhinav Mahajan, Manager T Business Development – North, Sangyan” on March 9, 2021 in MSMEs, Govt. of UP discussed the collaboration with Small Industries challenges being faced by the MSMEs RXIL briefed about the working of Development Bank of India (SIDBI). due to COVID pandemic. He also RXIL and explained about the Trade The objective of the webinar was to briefed about the initiatives that Receivables Discounting System develop Micro and Small Enterprises the Government has undertaken (TReDS)platform for setting up and of the State by way of organizing to handhold the MSMEs, the most operating the institutional mechanism visits of micro & small enterprises to popular is ODOP Scheme which aims for facilitating the financing of medium and large industries during at preservation and development of trade receivables of MSMEs from the year with an intent to learn and local crafts / skills and promotion of corporate and other buyers, including widen their vision, to make them think arts to increase incomes and local Government Departments and Public big and help them expand through employment (resulting in decline Sector Undertakings (PSUs). He also cross learning. in migration for employment) and discussed on how TReDS can help in Mr. Rajiv Kumar, GM, SIDBI in transforming the products in an delayed payment issue of MSMEs. his welcome remarks said that the artistic way (through packaging, Mr. Atul Srivastava, Resident proposed initiative is aimed to reach branding). Director, PHDCCI moderated the out to MSMEs with topics of good Mr. Vinamra Agarwal, Director, webinar and also delivered the vote- governance and digital platforms Technical Associates Ltd. gave a brief of-thanks to the dignitaries. which shall enhance their capability

Atal Innovation Mission Join Hands With CIPS For Innovations In Public Systems The Atal Innovation Mission (AIM), NITI Aayog, and Centre for Innovations in Public Systems (CIPS) will collaborate to reinforce the innovation and entrepreneurship ecosystem in India by developing a database of innovations in public systems for improving public services, amongst other things. Collaboration between AIM and CIPS will help startups to access and promote their innovations to grassroot levels by synergizing with the local administration. As per the SoI, AIM and CIPS will jointly organize round tables involving the district and local level administration officials to create awareness about innovative products and solutions and help them understand standard processes and policies around procurement so that procurement and implementation of relevant innovative solutions can be expedited.

78 PHD Chamber Bulletin | April 2021 Uttar Pradesh Retail Leadership Summit

he Uttar Pradesh Chapter of PHD Ms. Saraswati Singh, Executive Architectural Consultants Pvt. Ltd. laid Chamber organized “UTTAR Vice President, One Awadh Centre, emphasis on how the pandemic has TPRADESH RETAIL LEADERSHIP Lucknow while giving the industrial proved a boon for the E- commerce SUMMIT “on February 24, 2021 at PHD perspective of the sector, said that Retail Sector. House, Gomti Nagar, Lucknow.The the retail sector is an economic Mr. Siddharth Prasad, Vice rationale of the Summit was to create heavy weight: on average across President & Cluster Business Leader a platform where leading retailers of OECD economies, about 1 in 12 TASC, Yes Bank, spoke about the the State shared their valuable insights workers are employed in retail and services of YES Bank to promote the to revive the retail sector in the State. the sector accounts for almost 10% digitalization in the Retail Sector. Mr. Atul Srivastava, Resident Director, of GDP. Moreover, it mainly serves UP State Chapter, PHDCCI elaborated final demand, and thus occupies an The Summit was followed by an the objective of the summit. important position in value chains Interactive Members’ Meet where the members of UP State Chapter, Mr. Mukesh Bahadur Singh, both as a provider to households and as an outlet for upstream sectors. PHDCCI enlightened their expertise in Senior Advisor, UP State Chapter, their respective domains. PHDCCI welcomed the dignitaries Mr. Sandeep Kohli, Partner, Kohli and discussed the best practices Brothers spoke on the impact of the Mr. Santosh Srivatava, Director, being done by the retailers and State retail sector due to coronavirus. Nilansh Group delivered the vote-of- thanks to the dignitaries. Government to revive the retail sector. Mr. Sanjay Sinha, Director, Skyline

Importance of Intellectual Property Rights

he Uttar Pradesh Chapter of and without intellectual ideas, Mr. V K Verma, Joint Director, PHD Chamber organized a development is not possible in any MSME DI, Kanpur, Govt. of India Tvirtual seminar on “Importance sector. discussed about the reimbursement of Intellectual Property Rights” on Dr Mandira Roy, Director, Adastra process for patents, trademarks and February 11, 2021 in collaboration with IP gave a presentation on the technical GI. The objective was to enhance the Ministry of Micro, Small & Medium aspects of IPR and underlined the awareness of MSMEs about Enterprises & UP Eastern Chamber of importance of Intellectual Property to Intellectual Property Rights and to Commerce & Industry. businesses where IP allows companies take measures for protecting their Mr. Vijay Tandon, President, UP to protect their core business and ideas and business strategies. He Eastern Chamber of Commerce & research as well as development added that effective utilization of IPR Industry outlined the importance activities, while creating a stronger tools by MSMEs would also assist of Intellectual Property Rights and negotiating posture for cross-licensing them in technology up-gradation and said that it plays a very crucial role and counterclaims. enhancing competitiveness. across the world. He also said that it is Mr. Anurag Pandey, Director, GAF Mr. Atul Srivastava, Resident recognized that 21st century belongs Get a Franchise Business Solution Director, PHDCCI moderated the to the era of innovation, digital LLP discussed the importance of webinar and also delivered the vote- knowledge and digital marketing trademarks and its advantages. of-thanks to the dignitaries.

PHD Chamber Bulletin | April 2021 79 80 PHD Chamber Bulletin | April 2021 INTERFACE

Meeting with Hon,ble Minister of Commerce and Industry, Railways and Consumer Affairs, Food & Public Distribution PHDCCI delegation led by Mr. Sanjay Agarwal, President and comprising of Mr. Saket Dalmia, Vice President, Prof Bejon Misra, Chairman, Consumer Affairs Committee and Mr. Saurabh Sanyal, Secretary General met Mr. Piyush A Goyal, Hon’ble Minister of Commerce and Industry, Railways, Consumer Affairs, And Food & Public Distribution on February 25, 2021.

PHD Chamber Bulletin | April 2021 81 INTERFACE Meeting with Chief Minister & Deputy Chief Minister of NCT of Delhi PHDCCI delegation led by Mr. Sanjay Aggarwal, President A and comprising of Mr. Pradeep Multani, Senior Vice President, Mr. Saket Dalmia, Vice President, Mr. Saurabh Sanyal, Secretary General and Dr Yogesh Srivastav, Assistant Secretary General met Mr. Arvind Kejriwal, Chief Minister of NCT of Delhi and Mr. Manish Sisodia, Deputy CM on February 17, 2021 at his office in New Delhi. The delegation raised various issues regarding Ease of Doing Business in Delhi and gave their suggestions for making Delhi the most business friendly destination in India. Meeting with Secretary, Mines

PHDCCI delegation led by Mr. Anil Chaudhary, Chairman, A Minerals and Metals Committee and comprising of Mr. Naveen Jindal & Mr. Ravi Gupta, Co-chairmen, Minerals and Metals Committee and Dr Yogesh Srivastav, Assistant Secretary General met Mr. Alok Tandon, IAS, Secretary Mines on February 16, 2021 at Shastri Bhavan, New Delhi. The delegation apprised the Secretary about the recent developments in the sector, opportunities & challenges and the rise in steel prices.

Meeting with Power Secretary r. Alok Kumar, IAS, Power Secretary interacted with MPHDCCI members led by Mr. Sanjeev Gupta, Chairman, Power, RE and AE Committee, PHDCCI, Mr. Salil Gupta, Mr. Gaurav Mamik & Mr. Vardaan Agarwal Co-chairmen, Power, RE and AE Committee, PHDCCI, Dr Yogesh Srivastav, Asst. Secretary General and Mr. Punit Chaudhry, Joint Secretary, PHDCCI on March 10, 2021. The Secretary invited industry to invest in private Discoms.

82 PHD Chamber Bulletin | April 2021 INTERFACE Meeting with Secretary, Department of Consumer Affair, Ministry for Consumer Affairs, Food & Public Distribution PHDCCI delegation led by Prof Bejon Misra, Chairman- A Consumer Affairs & Public Health and comprising of Mr. Saurabh Sanyal, Secretary General, Dr Ranjeet Mehta, Deputy Secretary General and Dr Yogesh Shrivastav, Assistant Secretary met Ms. Leena Nandan, IAS Secretary, Department of Consumer Affair, Ministry for Consumer Affairs, Food & Public Distribution on February 23, 2021 at New Delhi. The meeting was to invite the Secretary for the Virtual Celebration of the WORLD CONSUMER RIGHTS DAY 2021 held on March 15, 2021.

Meeting with Chairman, Central Board of Indirect Taxes & Customs and Member (GST & Tax Policy) PHDCCI delegation led by Mr. Bimal Jain, Chairman, Indirect A Taxes Committee along with the Secretariat team met Mr. M. Ajit Kumar, Chairman, Central Board of Indirect Taxes & Customs and Mr. Vivek Johri, Member (GST & Tax Policy) on February 22, 2021 at North Block, New Delhi to discuss Tax issues relating to ease of compliance for industry. Meeting with Managing Director, MP Urja VIkas Nigam Ltd. delegation of MP State Chapter of PHDCCI led by Mr. Pradeep A Karambelkar, Chairman MP Chapter and comprising of Mr. Sumit Agrawal Director, Bio-nutrients Pvt. Ltd. and Mr. Anirudh Dubey, Senior Resident Officer, PHDCCI MP met Mr. Deepak Saxena, IAS Managing Director, MP Urja Vikas Nigam Ltd. on February 18, 2021 at his office in Bhopal. The MD agreed in principal for signing a MoU between PHDCCI MP & MPUVN for future programs.

PHD Chamber Bulletin | April 2021 83 INTERFACE Meeting with Principal Secretary, Industries & Commerce, J & K Government r. Rahul Sahai, Chair, PHDCCI, Jammu Chapter along with MMr. Kuldeep Gupta and Mr. Sanjay Aggarwal, Co-chair, PHDCCI, Jammu Chapter led a delegation of industrialists to meet Mr. Ranjan P Thakur (IRTS), Principal Secretary, Industries & Commerce, Government of Jammu and Kashmir on March 10, 2021 at Jammu. The delegation requested the Secretary for co-opting Chairpersons of Jammu as well as Kashmir PHDCCI Chapters as members of Export Promotion Board.

Meeting With Principal Secretary Industries and Commerce, J & K Government delegation of PHDCCI Kashmir Chapter headed by Mr. Baldev A Singh Raina, Chairman and comprising of Mr. Mushtaq Chaya, Mentor along with EC Members, Mr. Bilal Ahmad Kawoosa, Mr. Himayu Wani, Mr Pervaiz Qalander, Mr. Shahejehan, Mr. Tariq Rashid Ghani and Mr. Naseer Khan met Mr. Ranjan Prakash Thakur (IRTS), Principal Secretary, Industries and Commerce, J&K Government on March 20, 2021 at Srinagar. The meeting was to apprise the Principal Secretary on issues faced by industries of J & K. Meeting with Ambassador of Saudi Arabia to India

PHDCCI delegation led by Mr. Saurabh Sanyal, A Secretary General, PHDCCI and comprising of Mr. Naveen Seth, Assistant Secretary General and Mr. Niraj, Secretary, International Affairs met H.E. Dr Saud Mohammed Alsati, Ambassador of Saudi Arabia to India on February 18, 2021 at the Embassy of Kingdom of Saudi Arabia, Chanakyapuri, New Delhi. H.E. Dr. Saud Mohammed Alsati highlighted that it was opportune time for the Indian businessmen to collaborate with Saudi Arabia as there are many reforms in place in Saudi Arabia.

84 PHD Chamber Bulletin | April 2021 INTERFACE Meeting with Ambassador of Belgium to India PHDCCI delegation led by Mr. Sanjay Aggarwal, President and A comprising of Mr. Saket Dalmia, Vice President, Mr. Vikram Gera, Co- chair, International Affairs Committee for Europe & CIS, Mr. Saurabh Sanyal, Secretary General, Mr. Naveen Seth, Assistant Secretary General and Mr. Niraj, Secretary, International Affairs met H.E. Mr. Francois Delhaye, Ambassador of Belgium to India on February 26, 2021 at the residence of the Ambassador in Chanakyapuri, New Delhi. The President invited His Excellency to be the Guest at the India- Europe Day held on March 16, 2021.

Meeting with High Commissioner of Australia PHDCCI delegation led by Mr. Sanjay Aggarwal, President A and comprising of Mr. Saket Dalmia, Vice President, Mr. Ajay Poddar, Chair, International Affairs Committee for East Asia, South East Asia & Oceania, Mr. Saurabh Sanyal, Secretary General, Mr. Naveen Seth, Assistant Secretary General and Mr. Niraj, Secretary-International Affairs met H.E. Mr. Barry Robert O’Farrell, High Commissioner of Australia to India on March 2, 2021 at the residence of the High Commission in New Delhi. He invited His Excellency to be the Guest at the India-Oceania Day held on March 15, 2021.

Meeting with High Commissioner of Malta .E. Mr. Reuben Gauci, High Commissioner of Malta to HIndia met Mr. Saurabh Sanyal, Secretary General, PHDCCI, on February 15, 2021 at PHD House, New Delhi. H.E. Mr. Reuben Gauci while appreciating the activities of the Chamber highlighted that it was an opportune time for Indian businessmen to collaborate with the countries of the European Union region and specifically Malta.

PHD Chamber Bulletin | April 2021 85 INTERFACE Meeting with High Commissioner of New Zealand

r. Saket Dalmia, Vice President, PHD Chamber along with Industry Members had a virtual call on with H.E. Mr. David Pine, High Commissioner of New Zealand to India on February 22, 2021 to invite him for the PHDCCI International MWeek, March 15 to 19, 2021 in Hybrid mode. H.E. Mr. David Pine highlighted that there was a huge untapped potential that exists in the bilateral relations between both the countries. He emphasized that they were encouraging the business community in New Zealand to invest in India. Meeting with Ambassador of Dominican Republic to India PHDCCI delegation led by Mr. Vishal Dhingra, Co-chair, A International Affairs Committee for Americas, PHDCCI and comprising of Mr. Saurabh Sanyal, Secretary General, Mr. Naveen Seth, Assistant Secretary General and Mr. Niraj, Secretary-International Affairs met H.E. Mr. David Emmanuel PuigBuchel, Ambassador of Dominican Republic to India on March 30, 2021 at the Embassy of Dominican Republic in New Delhi. H.E. Mr. David PuigBuchel highlighted that it was opportune time for the Indian businessmen to collaborate with their counterparts in Dominican Republic as Dominican Republic is a gateway to Latin American, Caribbean and North American countries.

Meeting with Commercial Counsellor, High Commission of Namibia r. Saket Dalmia, Vice President, PHDCCI met Mr. MOscar Sikanda, Commercial Counselor, High Commission of Namibia on March 4, 2021 at New Delhi to invite the High Commissioner to attend the PHDCCI International Week 2021.

86 PHD Chamber Bulletin | April 2021 PHD Chamber Bulletin | April 2021 87 88 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY PHD FAMILY WELFARE FOUNDATION (PHDFWF)

PHDFWF CELEBRATES VIRTUAL INTERNATIONAL WOMEN’S DAY WITH ASTITVA SAMMAN AWARDEES

he PHD Family Welfare President, PHDCCI; Mr. Saurabh them into new heights though their Foundation and Women and Sanyal, Secretary General, PHDCCI. respective organizations. TChild Committee, PHDCCI Mr. Sanjay Aggarwal, President, Mr. Saurabh Sanyal, Secretary organized a webinar on ‘Celebration PHDCCI in his presidential address General, PHDCCI delivered the vote- of International Women’s Day’ on stated that participation of women of-thanks to the keynote speakers for March 05, 2021. Ms. Anuradha Goel, is the most effective way to lift enlightening with their experience. Chairperson, PHDFWF welcomed communities, companies, and On the occasion of International all the keynote speakers who countries. Women deserve all the love Women’s Day, to celebrate the spirit were previously Women Astitva and support the world gives them of woman, PHD Family Welfare Samman awardees followed by on this day. Mr. Pradeep Multani, Foundation organized one-week virtual felicitation of the speakers- Senior Vice President, PHDCCI in health check-up camps in different Ms. Deepikka Jindal, Ms. Kavitha his special address appreciated the specialities for women and children in Chandran, Ms. Nitu Bhattacharya, speakers for their dedication towards resettlement areas of Delhi/NCR. Free Ms. Rama Kirloskar and Ms. Pooja the professional front and for giving distribution of sanitary pads to girls Jhaver with a memento by Mr. opportunities to women in making and women was also undertaken. Sanjay Aggarwal, President PHDCCI; them self-empowered and bringing Mr. Pradeep Multani, Senior Vice

PHD Chamber Bulletin | April 2021 89 HEADWAY / Towards Inclusive Growth OBSERVANCE OF INTERNATIONAL WOMEN’S DAY AT PHDFWF CENTERS

he PHD Family Welfare Foundation (PHDFWF) observed International Women’s Day on March 8, 2021 in all its skill development centres apart from a week long free health check-up for girls and women along with free distribution Tof sanitary napkins. As the theme for International Women’s Day 2021 was ‘Choose to Challenge’, PHDFWF organized talks with its beneficiaries regarding their views on women’s right in decision-making in all areas of life, equal pay, domestic work and health-care services that respond to their needs. Refreshments were distributed to more than 1800 beneficiaries in all the PHDFWF centres. PHDFWF INAUGURATES HEALTHCARE ATTENDANT CENTER IN BHILWARA, RAJASTHAN

he PHD Family Welfare Foundation inaugurated a Healthcare Attendant Centre at Banera village, Bhilwara, Rajasthan on February 25, 2021. The Chief Guest of the programme was His Highness, Rajadhiraj Shri Hemender Singh Saheb, T(former Lok Sabha Member Bhilwara); Guest of Honour, Maharaj Prakaram Singh (Former MLA, Banera); Mr. Anshul, SDM, Banera, Mr. Dilip Singh, Tehsildar, Banera and other dignitaries from the village. A welcome song and cultural dance performance was performed by the students of Army School, Banera Village. Rajadhiraj Shri Hemender Singh Saheb addressed the audience highlighting the significance of healthcare and the positive changes it will bring in the health arena of the village. A formal vote-of-thanks was delivered by Mr. Devender SuwalkaJi (Sarpanch Banera). More than 150 local villagers were present for the inaugural programme.

90 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY SENSITISATION PROGRAMME ORGANIZED UNDER PHDFWF-TARGET INTERVENTION PROJECT ON HIV/AIDS HDFWF organized a sensitization event for network operators Pof Target Intervention project supported by Delhi State AIDS Control Society in Tehkhand village, Okhla Ph-1 on March 17, 2021. Officials from DSACS and PHDFWF were present for the event. The network operators were sensitized about TB, HIV and other high risks diseases they should be aware of. A pamphlet was distributed consisting of relevant information related to TB and HIV/AIDS. The network operators were given gifts and provided lunch. The event was attended by more than providing various Health/RCH Services to the migrant workers in resettlement 70 people maintaining all COVID-19 areas of Okhla with the financial support from Delhi State AIDs Control Society precautionary measures. A token of (DSACS), Govt of NCT Delhi since 2003. During the month of February 2021, 108- appreciation and food packets were ICTC, 227-RPR, 402-RMC, 46-PT and 07-STI were carried out under the project. provided to all the participants. Target Regular 2 DICs, 8 Group meetings and 4 Review meetings were also conducted Intervention Project (TI) has been during this period.

HEALTH CARE PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN (GURUGRAM, HARYANA)

n the month of February 2021, PHDFWF-Jaquar mobile medical van conducted 16 health check-up camps with free diagnostic facilities and medicines. The mobile van benefited 1043 patients living in the villages of Harchandpur, Alipur, IGarhi Bazidpur and Dhaula of Gurugram.

PHD Chamber Bulletin | April 2021 91 HEADWAY / Towards Inclusive Growth PHDFWF- L&T HOWDEN MOBILE MEDICAL CAMP (FARIDABAD)

HDFWF with the support from L&T Howden conducted 5 mobile medical camps in the month of February 2021. A total of 540 patients received free health check-up services and medicines as prescribed by the doctors. PHDFWF Porganized mobile medical camps in different parts of Faridabad. PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN (BHIWADI, RAJASTHAN)

n the month of February 2021, a total of 18 camps were organized and 1010 patients got benefited by PHDFWF-Jaquar mobile van. The MMV provided diagnostic care to the patients by following all the precautionary measures. PHDFWF has Ibeen organizing its regular health check-ups in the villages adopted by the Jaquar group. PHDFWF- JAQUAR FOUNDATION DENTAL AND EYE MOBILE VAN (DELHI CAMPS)

he PHDFWF –Jaquar Dental and Eye mobile van organized 14 dental camps, 3 general health checks up and 14 Eye Check-up camps in the month of February 2021. The camps are being organized in different skill development centres Tof PHDFWF across Delhi/ NCR. These camps benefited 833 patients and were also provided free diagnostic care, clinical services and medicines.

92 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY PHDFWF-SMPF MOBILE MEDICAL VAN uring the month of February 2021, PHDFWF- SMPF organized its free regular health check- Dup camps providing free diagnostic care, clinical services and medicines to the beneficiaries of Delhi/NCR and Uttar Pradesh. A total of 18 health check-up camps were organized that benefited 1116 patients. These services were provided to the patients by maintaining social distancing and by taking all the precautionary measures. SKILL & VOCATIONAL TRAINING PHDFWF-KAJARIA CERAMICS LTD. SKILL DEVELOPMENT TRAINING CENTRES, ASSAM

HDFWF with financial support from Kajaria Ceramics has been running a Skill Development Training Centrein Lakhimpur district of Assam. The Centre is providing training in knitting and hand weaving courses to the rural girls Pand women to develop a skill and earn their livelihood. L&T PRAYAS SKILL DEVELOPMENT CENTRE, FARIDABAD HD Family Welfare Foundation has been running a Skill Development Centre in Surya Vihar, Faridabad with Psupport from Prayas Trust, L&T Faridabad. Presently, 40 underprivileged women and girls are availing training under the project.

MG GOYAL GASES SKILL DEVELOPMENT TRAINING CENTRE, BADLI EXTN., ROHINI ith the support from Goyal MG Gases, PHDFWF has been running a Skill Development Centre at WBadli Extn., Rohini. The Centre offers computer education, tailoring and beauty culture. Presently, 87 trainees are availing these courses under the project.

PHD Chamber Bulletin | April 2021 93 HEADWAY / Towards Inclusive Growth

PHDFWF-WRG SKILL DEVELOPMENT CENTRE, AYA NAGAR n PHDFWF-WRG Skill Development Centre, Aya Nagar, 46 students are availing training in tailoring I& embroidery and computer education courses under the project. The courses are being supported by Women Rehabilitation Group, USA.

L&T HOWDEN PVT. LTD. SKILL DEVELOPMENT CENTRE, PALLA

HD Family Welfare Foundation has been running a Skill Development Centre at Palla, Faridabad with support from L&T Faridabad. Presently, 91 underprivileged women and girls are availing training in computer education, beauty Pculture & tailoring and embroidery under the project. PHDFWF-N.L MEHRA VOCATIONAL TRAINING CENTRE, AYA NAGAR

raining in nursing assistant, advanced computer education, retail management and beauty culture courses are being provided to 107 underprivileged women and girls living in Aya Nagar and nearby areas at PHDFWF-NL Mehra TVT Centre. The Centre is taking all precautionary measures and adhering to government protocols. The Centre is supported by the Jaquar Foundation. PHDFWF-SMPF SKILL DEVELOPMENT TRAINING CENTRE, DWARKAPURI

he Centre provides training in tailoring & embroidery, beauty culture & mehendi, mobile repairing and computer education. Currently, 101 students are availing different courses at the Centre. Free mobile medical camps are also Tbeing held at regular intervals. 94 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY HINDUSTAN TIN WORKS SKILL DEVELOPMENT TRAINING CENTRE, BADARPUR

resently, 53 beneficiaries are attending training courses on computer education and beauty culture under the project supported by Hindustan Tin Works Ltd. All the precautionary measures are being taken care of while giving training Pat the Centre. PHDFWF-JAQUAR SKILL DEVELOPMENT TRAINING CENTRES, MANDI VILLAGE

he PHDFWF-JAQUAR Skill Development Centre offers courses like beauty culture, tailoring, mobile, repairing, cooking Tand masala making. Currently, 125 trainees are availing courses taking all precautionary measures at the Mandi Centre. PHDFWF-ITE SKILL DEVELOPMENT CENTRE, NOIDA

HDFWF has been running the Skill Development Centre at Noida. Presently, 69 women and girls Pare availing training in beauty culture and tailoring courses under the project. The project is supported by ITE Foundation.

PHD Chamber Bulletin | April 2021 95 HEADWAY / Towards Inclusive Growth PHD RURAL DEVELOPMENT FOUNDATION (PHDRDF) HD Chamber strongly believes in its social responsibility being an important part of business philosophy. The PHD Chamber is extending its contributions to the community through Corporate Social Responsibility (CSR) initiatives Pby PHD Rural Development Foundation as its social arm. The initiatives are designed to ensure that every corporate donor embodies the principles of CSR as per section VII of Company’s Act 2013. The Foundation takes appropriate initiatives in the areas of Healthcare & Sanitation, Education, Skill Development, Women Empowerment and Water Harvesting Conservation and seeks to empower individuals and community at large by providing them with the support they need to affect change in their own environment for social and economic development. WORLD WATER DAY: 22nd MARCH he World Water Day is celebrated to create awareness of the global water crisis, and a Tcore focus of the observance is to support the achievement of Sustainable Development Goal (SDG) 6: water and sanitation for all by 2030. With depleting Groundwater, integrated water resources management aligned with the government’s framework to water use patterns with the needs and demands of different users is important. PHDRDF has been actively working towards water conservation including renovation of traditional water bodies and tanks, reuse of water and recharge structures, watershed development, piped drinking water and afforestation. PHDRDF is proud to have worked towards water conservation through its initiative PHDRDF Jal Sanchayan and established over 260 water harvesting structures so far in the states of Rajasthan, Haryana, Punjab, Jharkhand, Uttar Pradesh and Madhya Pradesh and benefitting more than 5.0 lakh people across different geographies. One of the water harvesting structure established by PHDRDF INTERNATIONAL WOMEN’S DAY CELEBRATION- MORE POWER TO WOMEN OF TOMORROW!

Girls being trained on self-defense by Krav Maga expert and her team on the occasion of celebrating International Women’s Day

96 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY 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 and Pproject coordinator are present for each camp. Emphasis is given on generating awareness amongst the community on sanitation & hygiene, child & maternal health, waterborne diseases, communicable diseases and other geography based medical problems. PHDRDF - ROTARY CLUB OF ROORKEE HDRDF has partnered with project will reach out to more than patients with a special focus on Rotary Club of Roorkee, Rotary 12,000 people in the far flung areas of Non-Communicable Diseases (NCD) PInternational, Rotary District Pratapnagar and Jakhanidhar block including Diabetes, Hypertension, grant through THDC, Rishikesh for of Tehri Gharwal, who are unable to Cardiac problem and Oncology a Mobile Medical “Sehat Van” to access healthcare easily. Screening, through on-ground health camps as provide a holistic health care program diagnosis and treatment along with well as Tele-medicine consultation to 30 villages in Tehri Garhwal. The medicines will be provided to the with specialist doctors. PHDRDF - HSIL HDRDF has partnered with HSIL the people through a well-equipped medical doctor and paramedical staff to provide a Mobile Medical Unit technology assisted mobile medical including lab technician and ANM. Pand provide Free health Camps van with testing devices like ECG, Screening, diagnosis and treatment in nearby areas of Bahadurgarh and blood test facility like haemoglobin, along with medicines will be provided Kaharani in Haryana. The project will blood sugar and supported by a to the patients. provide generic health care services to qualified medical team consisting of a PHDRDF WATER MANAGEMENT HDRDF has been constantly working towards recharging of ground water table by establishing Rain water harvesting Pstructures and generating awareness among the community on need and technologies of water conservation. PHDRDF- HTWL HDRDF and HTWL have partnered together to pond rejuvenation in Bhigan Village, Sonepat, PHaryana. Concrete footpath of 360 meters with lock ‘n’ lock tiles have been paved around the pond. Trees with tree guard will be planted around the pond for soil conservation and green cover. Besides this, the pond will be beautified by installing RCC benches and installation of street lights so that the pond could be maintained and villagers use it as a park for walk ways and other recreational activities. PHDRDF - COCA COLA FOUNDATION

Check dam in progress and a community meeting conducted with the villagers HDRDF and Coca Cola Foundation have partnered together to promote sustainable solutions for water resource management with surface water conservation and ground water recharge, through construction of 07 check dams in Pwater-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. Out of seven, three check dams have been completed namely, KadruChuwaWala, FaujiWala and Sukkhal Khatt Wala check dams and construction work for Pooja Wala and Dhonj Wala check dams are in progress.

PHD Chamber Bulletin | April 2021 97 HEADWAY / Towards Inclusive Growth PHDRDF- OCCL & HTWL HDRDF and OCCL and HTWL have partnered together to construct one water harvesting structure ‘Mewawala CD’ Pin Hajipur, Alwar, Rajasthan with a length of 90 ft. The check dam will have a water holding capacity of 221,375 cubic feet. This check dam will help in augmentation of the water table and recharge the groundwater. The construction work towards the check dam has started with active participation from the community.

Construction work of MewaWala check dam in progress, at Alwar, Rajasthan PHDRDF AND FMS BATCH 1979-81 HDRDF and FMS batch 1981 partnered together to construct one water harvesting structure P‘Kumahar wala CD’ in Jaipur, Rajasthan with a length of 70 ft. The check dam will have a water holding capacity of 280,000 cubic feet and help in augmentation of the water table and recharge the groundwater. The construction work towards the check dam has started with active participation from the community and construction work of Jhad wala check dam is in progress. Construction work of KumaharaWala check dam in progress, at Sirsodi, Jaipur, Rajasthan PHDRDF –DEVRA WALA CHECK DAM

Ground breaking ceremony ofDevraWala check dam, at Alwar, Rajasthan by Mr. KS Mehta in the presence of community members

HDRDF is in the process of construction of one water harvesting structure ‘Devra wala CD’ in Thanagazi, Alwar, Rajasthan with a length of 380 ft. co-sponsored by family members of Mr. K.S. Mehta, Radico NV Distilleries PMaharashtra Ltd. and others. The check dam will have a water holding capacity of 2,40,000 cubic feet and will help augmentation of the water table and recharge the groundwater. The ground breaking ceremony took place on February 27, 2021 by Mr. K.S Mehta and others in the presence of the village community.

98 PHD Chamber Bulletin | April 2021 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. and training in employable skills such as electrician, welding and bee keeping. PHDRDF- DOW AGROSCIENCES INDIA LTD.

Certificate and bee box distribution ceremony in Haryana Demonstration on how the honey is being extracted from the bee boxes

ow Agro Sciences India Ltd. honey in Maharashtra and Haryana empower them. Boxes were handed has partnered with PHDRDF and have been provided with 1000 over to the women at Bawal, Hayana Dto implement a project boxes; i.e. 5 bee boxes with bee hives by Dr Kadambari, PHDRDF in the for empowering rural women by per women. The programme aims presence of experts from KVK Bawal, training them on “Beekeeping” as at making these women as beacons representatives from Bee Positive- a supplementary source of income. who will motivate and support other Technical partner and team from A total of 200 women have been women to start their own enterprises PHDRDF. trained in bee keeping and harvesting and thus get additional income and

PHDRDF – THDC- SEWA HDRDF and THDC- SEWA have come together for a women empowerment and livelihood generation project through Psanitary napkins manufacturing. An SHG has been formed under this project for the manufacturing of sanitary napkins. This production unit of sanitary napkins has been established in Bhaniawala, Jollygrant, Dehradun. Currently, production is in full swing and marketing efforts are being made to sell the product. A bank account has also been opened for the SHG to keep the amount collected from selling of sanitary napkins.

Production of Sanitary Napkin at Center in Dehradun PHDRDF – DCM SHRIRAM INDUSTRIES HDRDF and DCM Shriram Industries came together for a women empowerment and livelihood Pgeneration project through sanitary napkins manufacturing. ‘Urmila’ Women Self- Help-Group with 9 women was formed at Ranikhet in village Pantkotuli in September 2020. They were trained in sanitary napkin manufacturing. Now, the girls are able to manufacture the sanitary napkins independently. The project has reached its midway and products are being marketed and sold locally in other districts of Uttarakhand through Sample packet of sanitary napkins various channels. Besides, the products are being sold in Haryana also.

PHD Chamber Bulletin | April 2021 99 HEADWAY / Towards Inclusive Growth PHDRDF- DONALDSON INDIA FILTER SYSTEMS PRIVATE LIMITED HDRDF and Donaldson India Filter Systems Pvt Ltd. are running a Skill Development Centre since the Plast 5 years in village Mohammadpur Gurjar, Sohna block, Gurugram. From its initiation 2016, till date more than 300 girls and women got trained at this Center in both the courses. Most of the passed out girls have started earning their livelihood with the skills they have learnt at this Center. Currently, two batches in stitching and beauty culture are running with 20 candidates in each batch. Apart from this, the girls have also been provided with language learning skills at the Center to help them boost their confidence and communicate better. Beside this, sessions on basic computer are being conducted at the Center. On March 6, 2021 on the occasion of International Women’s Day, self-defence training was provided to more than 40 girls at the Centre Training on basic computer skills being conducted by a certified Krav Maga trainer. PHDRDF- BRY- AIR (ASIA) PVT. LTD. & DRI PVT. LTD. HDRDF and Bry –Air Asia are continuing their partnership for the second phase of Bry-Air Udaan Skill Development PCentre for electricians in Sidhrawali village, Haryana. In this project, a total of 40 students will be trained in the electrician course in Sidhrawali village of Gurugram. After completion of the course, students will be provided third party certification along with jobs. It is to be noted that Bry Air (Asia) and PHDRDF have earlier run a training centre for electricians in Jatauli Village of Pataudi wherein 40 candidates were trained and provided job opportunities with third party certification. Currently, a batch of 20 students has been initiated. Self -defence training was provided to the girls of the centre on March 6,2021 with focus on building their confidence and to teach some self-defence techniques. The training was given by Krav Maga expert to more than 20 girls who particiapted with Practical class being conducted at Bry –Air Udaan training center for full enthusiasm. electricians 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 - HSIL HDRDF and HSIL have partnered to develop a sanitation facility for girl students in 5 Government Pschools in 5 villages in Bahadurgarh block of Jhajjar District, Haryana. Government schools have been identified lacking proper sanitation facility for the girls. Seven block toilets each consisting of a toilet and a Urinal will be refurbished/ reconstructed in schools located in village Rohad, Dehkora, Mandothi, Asaudha and Kulasi. More than 300 girls will benefit.

Representative image from the survey conducted in Government School, Kulasi

100 PHD Chamber Bulletin | April 2021 Towards Inclusive Growth / HEADWAY PHDRDF– DONALDSON FILTERS INDIA PVT. LTD. HDRDF and Donaldson Filters India Pvt. Ltd. have partnered for a project,‘School up-gradation through providing support in Computer lab establishment in Government Middle School, Naharpur, Kasan in Haryana. A computer lab Pwith eight desktop computers will be established complete with electrical fittings. PHDRDF VILLAGE DEVELOPMENT HDRDF has been actively working towards supporting the villagers in rural areas by providing water and toilet facilities Pin different states. PHDRDF-HTWL

Pre-construction During-construction

HDRDF partnered with HTWL floods frequenting the area. The protection from natural calamities. A for a project on Infrastructure current house consists of a thatched Pucca house with two rooms, kitchen, Pfacility to a BPL Family, resident roof and does not have provision toilet and bath-room will be available of village Painta at Madhubani, Bihar. of a proper kitchen and sanitation for the family. The construction work The person belongs to a BPL family and facility. The aim of the project is to is under progress. lives with his family in a kucha house support in constructing a Pucca house which is prone to get damaged during and provide with basic facility for

PHD Chamber Bulletin | April 2021 101 102 PHD Chamber Bulletin | April 2021 EXPRESSIONs

A ROOF FOR FAITH

Krishan Kalra, Former Secretary General, PHD Chamber

irca 1947; 40 year old Chaudhary but the “camp” living was terrible. whose door could he knock. There Paras Ram – with his wife and He would soon find some work, may were some distant relatives in Delhi C4 children – was living in the be invest in a small business. In any but no one would put up so many refugee camp at New Delhi’s Birla case, the Mandir life couldn’t go on. people. “For the first time in my Mandir. The family, used to the high He had faith in God and on his own adult life”, as he would confess life and luxury in Pakistan, had a small ability to rebuild their life. later, “I cried”. corner to themselves. Filthy toilets, Early next morning a ‘tonga’ was All this time, a man next door was free community kitchen, daily fights hired and the whole family, along watching. Quietly he walked over to over everything ……. it was a tough with their few belongings, soon the shocked family and asked them existence. Back in Pakistan, this man reached their new rented house. to come into his house. He even was a prosperous trader, mill owner The tonga fellow was paid off, their picked up their luggage from the and honorary magistrate. This was as stuff unloaded and, with great road and took them in. “I have a high as the natives ever got. Living in expectations, he proceeded to press vacant room. You can stay here as great comfort, hobnobbing with the the call bell. long as you like. There will be no “gora sahebs”, children in convent For several minutes there was rent. I’m sorry for my neighbour’s schools, holidays in the hills, ….. no response. Then a lady appeared behaviour”. the works. The transformation was looking askance at the eager Paras Ram and his family stayed killing. He couldn’t take it anymore, faces. When the head of the family in Mr & Mrs Bhatnagar’s government couldn’t see the kids suffering. “Must explained that he had settled the quarter in Gole Market for nearly 2 find a place to ourselves”, he thought. rent deed on the previous evening, months. They all cooked in the same Every morning he would do presumably with her husband, she kitchen and ate together. Later, Mr the rounds of nearby government showed great surprise. “But we’ve Bhatnagar found them a haveli on colonies. Finally a deal was made. already taken some other tenant rent in old Delhi. The owner, his One of the babus agreed to let out this morning; at Rs 30 per month, friend Bashir Ali made Paras Ram his servant quarter for Rs. 25 per Any way here’s your refund”, she his partner in “Capital Hat House” month. They could cook their own showed Rs. 25 into his shaking hands near Kotwali in Chandni Chowk. Still food in a little open space at the and shut the door. later, he sold his business to him and back. Chaudhary Saheb was happy. Paras Ram’s world came crashing migrated to Pakistan. He gave the babu one month’s down. His faith was shattered. Chaudhury Saheb’s faith in rent in advance and promised to Their place in the temple would’ve humanity was restored. The good move in next morning. His limited been taken already by many waiting samaritan had changed his life. resources would take a big beating families. He had no where to go. At

PHD Chamber Bulletin | April 2021 103 104 PHD Chamber Bulletin | April 2021 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 | April 2021 105 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

106 PHD Chamber Bulletin | April 2021 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 43 Cycling Federation of India September 30,2020 44 National Medicinal Plants Board (NMPB) Ministry of AYUSH, Govt. of India October 1,2020 45 India Ratings and Research (Fitch Group) December 30, 2020 46 CSIR-National Environmental Research Institute January 7, 2021 47 Toy Association of India January 15, 2021 48 Small Industries Development Bank of India (SIDBI) February 16, 2021

New Members

New Members MARCH 2021 ORDINARY CATEGORY PROFESSIONAL CATEGORY ASSOCIATION CATEGORY

Mr. Vishal Aggarwal Mr. Vivek Agarwal Er. B. S. Yadav Proprietor Partner Chancellor Evershine Impex (India) Agarwal Pawan & Associates Infotech Education Society- IES University, Bhopal Mr. Himayoun Wani Mr. Mohit Guglani Proprietor Managing Partner Mr. Suresh Jhariya New General Trading Co Bharat Rajeev & Associates Joint Director (Investment Promotion) Madhya Pradesh Tourism Board Mr. Rajesh Kumar Mr. Pankaj Goel Director Director Pictor Telematics Pvt. Ltd. Capital Setu Private Limited

Mr. Daman Gandhi Mr. Pankaj Jain Proprietor CEO Suryansh Enterprises IRE CFO Services LLP

Mr. Rakesh Chaudhary Proprietor Vinayak Herbal

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

PHD Chamber Bulletin | April 2021 107 March 3, 2021, CNBC, New Delhi

March 13, 2021, The Times of India, Haryana

108 PHD Chamber Bulletin | April 2021 March 30, 2021, RSTV, New Delhi

March 12, 2021, The Hindu Business Line, New Delhi

PHD Chamber Bulletin | April 2021 109 March 22 2021, RSTV, New Delhi

March 13, 2021, The Times of India, Haryana

March 8, 2021, RSTV, New Delhi

110 PHD Chamber Bulletin | April 2021 PHD Chamber Bulletin | April 2021 111 Total No. of Pages - 112 Registration Number DL-SW-1/4095/2021-23 RNI No. 34665/79 Date of Publication - Published on 10th April 2021 Date of Posting - 11th / 12th of same month Posted at LPC Delhi RMS Delhi -110006

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 112 PHD ChamberEditor - SaurabhBulletin Sanyal | April 2021